Business News
John Hoffman, Developer of Energy Star, Dies at 62
The New York Times - 17 Oct 2012 06:57How to Tell if a Franchise Chain is Serious About Growth
Forbes - 17 Oct 2012 01:59Nike, Anheuser-Busch Drops Lance
ABC News - 17 Oct 2012 23:01
Lance Armstrong may be at the bottom of his uphill battle against doping charges after his biggest sponsor, Nike, announced that it was severing its 16-year relationship with the cycling star as he announced he was stepp...
Johnson and Johnson Profit Falls, but Beats Estimates
The New York Times - 17 Oct 2012 08:10
Despite a drop in earnings, the health care products giant raised its 2012 outlook.
Advertising: Cracker Barrel Cheddar Dares to Win Prizes
The New York Times - 17 Oct 2012 08:00Arresting Jill Stein - Stupidest Idea I Ever Heard
Forbes - 17 Oct 2012 04:4850-Carat Diamond Sells For $9.5 Million
Forbes - 17 Oct 2012 03:30
NEW YORK — Big diamonds sparkled during Christie’s sale of Magnificent Jewels in New York on Tuesday. Leading the way was a pear-shaped D color flawless diamond of 50.52 cts., which sold for $9.5 million, o...
New Citigroup CEO sets interim reporting lines-memo
Reuters - 17 Oct 2012 23:49
(Reuters) - New Citigroup Inc Chief Executive Officer Mike Corbat set up interim reporting lines for his executive ranks on Wednesday, a day after he was named to the top job at the New York-based global bank.
Sales stumbles raise fresh worry for corporate America
Reuters - 17 Oct 2012 23:44
BOSTON (Reuters) - A flagging world economy took a toll on much of Corporate America in the third quarter, leading the likes of eBay Inc, American Express, IBM and Textron Inc to miss Wall Street's sales targets or warn ...
Profits and sales rise at eBay
BBC - 17 Oct 2012 23:37
Online retailer and auction site eBay reports a rise in quarterly sales and profits, as more people used the site and its payment service PayPal.
Broken banks put eurozone in federal mood
BBC - 17 Oct 2012 23:21
Eurozone aims to tighten up supervision of banks
Exclusive: Och-Ziff hedge fund looks to exit landlord business
Reuters - 17 Oct 2012 23:19
NEW YORK (Reuters) - One of the first big hedge funds to try to profit from a rebound in the U.S. housing market by investing in foreclosed homes is looking to cash out, even as other institutional investors are still ge...
Obama comes out swinging after debate - in swing states
Reuters - 17 Oct 2012 23:12
MOUNT VERNON, Iowa (Reuters) - President Barack Obama hit rival Mitt Romney hard on women's issues as he headed back on the campaign trail on Wednesday after a spirited debate performance that re-energized his bid for a ...
Exclusive: White House review finds no evidence of spying by Huawei - sources
Reuters - 17 Oct 2012 22:34
SAN FRANCISCO (Reuters) - A White House-ordered review of security risks posed by suppliers to U.S. telecommunications companies found no clear evidence that Huawei Technologies Ltd had spied for China, two people famili...
Presidents have little control over gas prices
NBC News - 17 Oct 2012 22:22
When you pull up to that gas pump and nearly faint from how much it costs you to fill 'er up, you may be tempted blame the government for not doing enough to keep a lid on prices. Resist the temptation.
Stocks finish flat amid new data, earnings
NBC News - 17 Oct 2012 22:06
Stocks closed Wednesday flat, as investors digested solid U.S. housing starts and weak results from tech bellwethers pressured the Dow.
Armstrong leaves foundation to ride rocky road
NBC News - 17 Oct 2012 22:06Who has a better pension: Romney or Obama?
NBC News - 17 Oct 2012 21:53
When it comes to the presidential candidates' pensions, size matters in more ways than one. Retirement packages sparked one of a series of confrontations during the Tuesday debate between President Obama and Republican c...
In China, a Move to Tiny Living Space
Wall Street Journal - 17 Oct 2012 21:10
Amid strong unmet demand for low-end homes, China's developers are moving to serve that market, even as the government cools the overheated luxury-home market.
Tesco added to investors' shopping lists on buy-back speculation
Telegraph - 17 Oct 2012 20:34
The FTSE 100 supermarket group was among the blue-chip risers today.
Tainted Fish May Swim Onto US Plates
ABC News - 17 Oct 2012 20:20
Seafood raised on pig feces and crawling with flies is being sold to U.S. consumers, according to Bloomberg Markets. The magazine says it is common practice in some parts of Asia, such as Vietnam, to feed fish pig waste.
VIDEO: UK unemployment falls to 2.53 million
BBC - 17 Oct 2012 19:38
Unemployment fell by 50,000 to 2.53 million between June and August, official figures show, as the number of people in work hits a record high.