Business News
New York bank 'bomb plot' foiled
BBC - 18 Oct 2012 01:00
FBI agents arrest a Bangladeshi man for plotting to detonate what he thought was a massive bomb in front of the Federal Reserve building in New York.
France's 'rich tax' means Paris mansions for sale
NBC News - 18 Oct 2012 00:11Ted Harro: Three Reasons Unrealistic Goals Create a Culture of Failure
The Huffington Post - 18 Oct 2012 23:55VIDEO: Google shares suspended after error
BBC - 18 Oct 2012 23:48
Trading in Google shares was suspended for two-and-a-half hours after the internet giant released its third-quarter results early by mistake.
Nick Gidwani: Making the Exception the Rule
The Huffington Post - 18 Oct 2012 23:46Keystone Pipeline Shut Temporarily Due To 'Possible Safety Issues'
The Huffington Post - 18 Oct 2012 23:41Cerian Jenkins: Women in Business: Their Own Worst Enemy?
The Huffington Post - 18 Oct 2012 23:35French-German Disputes Could Mar European Summit
The New York Times - 18 Oct 2012 23:35
With market pressure on the euro zone easing for now, experts worry that a meeting of European Union leaders will bog down in bickering that delays promised reforms.
India Opens Inquiry Into Wal-Mart
The New York Times - 18 Oct 2012 23:34
Regulators are looking into whether a nearly $100 million investment Wal-Mart Stores made in Bharti Retail violated foreign investment laws.
Drug Makers Stalled in a Cycle of Quality Lapses and Shortages
The New York Times - 18 Oct 2012 23:21Merkel’s Rival, Peer Steinbrück, Strikes Early
The New York Times - 18 Oct 2012 23:20
A year before general elections, Peer Steinbrück asserted that Chancellor Angela Merkel had failed to convince Germans about the benefits of euro membership.
Microsoft Profit Falls as PC Sales Shrink
The New York Times - 18 Oct 2012 23:12
In a grim market for personal computers, the software company’s net income and revenue both declined, and the misses also fell short of analysts’ expectations.
Error sees Google stock suspended
BBC - 18 Oct 2012 22:47
Trading in Google shares was suspended for over two hours after it released financial results early by mistake, showing a 20% profit fall.
Rosneft Said to Have Deal for BP’s Russian Venture
The New York Times - 18 Oct 2012 22:27
Rosneft is likely to conclude a deal or deals to take effective control of TNK-BP, and its plans could be announced Thursday.
Google snafu drags Wall Street lower
NBC News - 18 Oct 2012 22:25
A sharp drop in Google's stock dragged the Nasdaq composite down 1 percent after a weak earnings report for the company was inadvertently released hours ahead of schedule. Other indexes closed with smaller losses Thursda...
JPMorgan apologizes to power regulator for misleading information
Reuters - 18 Oct 2012 22:00
NEW YORK (Reuters) - JPMorgan Chase & Co apologized to the U.S. energy regulator on Thursday for providing misleading information about California electricity markets, saying it was inadvertent.
China’s Sluggish Economy Shows Slight Uptick
The New York Times - 18 Oct 2012 21:58
The latest data show a slow third quarter ending with some positive news in September about retail sales and industrial output.
Goldman Sachs Tell-All Leaked
ABC News - 18 Oct 2012 21:47
Greg Smith, the former Goldman Sachs vice president made famous for his scathing op-ed/resignation letter in the New York Times, is in the news again–this time for his 276-page book,  “Why I Left Goldman ...
Tax powers decision 'now with PM'
BBC - 18 Oct 2012 21:27
A decision on whether to grant Northern Ireland power over corporation tax now rests with David Cameron, and could be made within weeks.
Goldman gives its version of angry employee's departure
Reuters - 18 Oct 2012 21:15
NEW YORK (Reuters) - Just days before publication of a book promising to expose a rampant culture of greed at Goldman Sachs Group Inc , the Wall Street company is writing its own story about the book's author.
U.S. trial set in Chevron fraud case against Ecuador lawyers
Reuters - 18 Oct 2012 21:13
NEW YORK (Reuters) - A U.S. trial has been set for next fall in a Chevron Corp lawsuit that accuses Ecuadorean residents, their lawyers, and advisers of fraud in obtaining a $19 billion pollution award against the U.S. o...
Shell falls as FTSE 100 reaches seven-month high
Telegraph - 18 Oct 2012 21:13
The oil giant was on the back-foot during trading today.