Business News
Economic Reports for the Week of Oct. 1
The New York Times - 30 Sep 2012 23:40
Data will include manufacturing and construction reports and the monthly unemployment figures, and automakers and retailers will release sales numbers for September.
Big money bets on China growing old, and rich
Reuters - 30 Sep 2012 23:17
HONG KONG/SINGAPORE (Reuters) - At the Happy Community housing development in Beijing, China's largest property developer is setting aside 24,000 square meters (258,000 sq ft) for active seniors to test whether this rapi...
Analysis: China slides faster into pensions black hole
Reuters - 30 Sep 2012 23:07
QINGHAI, LEDU COUNTY, China (Reuters) - Eighty-year-old Chinese farmer Guo Shuhe receives a state pension equivalent to just $9 a month, not enough to buy a month worth of groceries, but enough it seems, to risk punching...
Euro zone won't last in current form, will be smaller: Slovak PM
Reuters - 30 Sep 2012 22:10
BRATISLAVA (Reuters) - The euro zone will not survive in its current form and one or possibly two countries will be forced to leave the currency bloc because they will be unable to meet their commitments, Slovak Prime Mi...
Shell shuts major oil pipeline in Nigeria
Reuters - 30 Sep 2012 21:21
ABUJA (Reuters) - Shell's Nigerian unit shut its Bonny oil pipeline and deferred 150,000 barrels per day of production on Sunday after oil thieves caused a fire, the company said.
Goldman Sachs shares could rally 25 percent: Barron's
Reuters - 30 Sep 2012 20:42
(Reuters) - Goldman Sachs Group Inc shares could rise at least 25 percent in the next year as capital markets improve, Barron's said on Sunday.
Kazakhstan gets first Saks Fifth Avenue store
Reuters - 30 Sep 2012 19:44
NEW YORK (Reuters) - Saks Inc opened its first Saks Fifth Avenue store in Kazakhstan on Sunday, as the retailer seeks to tap a growing appetite for luxury in emerging markets.
Pedrosa keeps title hopes alive
CNN - 30 Sep 2012 18:50
Dani Pedrosa is still in the hunt for his first ever MotoGP world title after claiming victory in front of his home fans in Aragon.
Another item on the holiday hot list: Layaway
NBC News - 30 Sep 2012 18:08
Many people used to think of layaway as that relic of the past that your grandmother used during the Great Depression. But the weak economy and an increasing interest in keeping down credit card debt has pushed the h...
Wall Street Week Ahead: Bulls eye Spain, Bernanke and jobs
Reuters - 30 Sep 2012 17:27
NEW YORK (Reuters) - Wall Street will open October with a busy week, highlighted by low expectations for global manufacturing data and the U.S. jobs report. Any positive surprises may help lift the market.
Low expectations may start busy week for Wall Street
NBC News - 30 Sep 2012 17:18
Wall Street will open October with a busy week, highlighted by low expectations but that could set the stage for positive surprises that help lift the market.
Insight: Mom and pop investors miss out on stock market gains
Reuters - 30 Sep 2012 17:17
NEW YORK (Reuters) - Stocks have more than doubled since the financial crisis and are closing in on a five-year high, but many Main Street investors have been absent from the party - especially those with the least saved...
France, Germany agree strategy in EADS talks: report
Reuters - 30 Sep 2012 16:59
FRANKFURT (Reuters) - France and Germany have agreed a common strategy for the planned $45 billion merger of Airbus parent EADS and Britain's BAE Systems , a German magazine reported on Sunday.
Bulgaria to make up delays in gas link projects
Reuters - 30 Sep 2012 15:02
VARNA, Bulgaria (Reuters) - Bulgaria pledged to make up for delays in connecting its gas network with neighboring Balkan countries and hopes to have links with neighboring Greece and Turkey by the end of next year, the e...
Exxon yet to inspect Afghanistan's biggest oil project: minister
Reuters - 30 Sep 2012 14:24
KABUL (Reuters) - Exxon Mobil Corp, the world's biggest non-state oil company, has not yet accepted an offer to look over a new Afghan oil concession in the country's north, possibly indicating a fading appetite to inves...
Analysis: They're back! Yield hunt pushes funds into CLOs, CDOs
Reuters - 30 Sep 2012 14:02
NEW YORK (Reuters) - Fund managers are increasingly eyeing riskier exotic assets, some of which haven't been in fashion since the financial crisis, as yields on traditional investments get close to rock bottom.
Analysis: As fiscal cliff nears, markets ponder a rougher ride
Reuters - 30 Sep 2012 14:01
NEW YORK (Reuters) - When it comes to U.S. deficit reduction, many investors would rather Congress "kick the can down the road" again than let 2013 start with a blast of fiscal austerity not seen since the Vietnam War.
Index for Andrea Kay's At Work through Aug. 2012
USA Today - 30 Sep 2012 13:38
Career consultant Andrea Kay specializes in what she calls "career therapy." Catch her strategies every Saturday.
At Work: Don't blow a lead; learn what a company needs
USA Today - 30 Sep 2012 13:32
When you've got the name of an employer itching to hire, don't say you want a job. Tell why you want that specific job.
At Work: Get out of your chair to catch recruiters' eye
USA Today - 30 Sep 2012 13:30
Employers are on the prowl for people who are out and about, staying up to date in their field and showing initiative.
At Work: Understanding forgetfulness can help handle it
USA Today - 30 Sep 2012 13:29
Why are so many people so forgetful nowadays? It would be easy if we could blame it all on information overload.
At Work: Overcome your fear to realize your dreams
USA Today - 30 Sep 2012 13:28
Follow Bob Elkins' example and capitalize on the fear of what you will miss if you don't try.