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Business News

Location American Business News for 26 October 2012
Slideshow: What home buyers can get for $300,000 Each week, TODAY real estate expert Barbara Corcoran looks around the U.S. to see what home buyers can get for their money.
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The 10 Dos and Don'ts of Conducting Employee Background Checks Most people might find it unseemly were you to run background checks on your potential dates prior to asking them out. But the same does not hold true when hiring a new employee. While taking a chance on a blind date mig...
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Inflation in the real world is much higher than government figures suggest. So what's a good way to gauge it? Private school fees.
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Eastman Chemical (EMN) announced that it earned $154 million, or 99 cents per share, for the most recent quarter versus net income of $174 million, or $1.22 per share, in the same quarter last year. Total revenue increas...
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TomTom CEO: Future of mobility

CNN - 26 Oct 2012 10:59
Richard Quest speaks to the CEO of TomTom, Harold Goddijn, who is navigating a path to future profits.
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The Man With a Million Acres

Wall Street Journal - 26 Oct 2012 06:24
Reclusive billionaire Brad Kelley is hardly ever photographed. He doesn't use email. And he owns more land than the state of Rhode Island.
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San Francisco's Hot Property Sector

CNBC - 26 Oct 2012 01:40
Tim Murphy, MD, IP Global says that real estate stock levels in San Francisco is really low making a great place to invest.
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Home in 'Amityville Horror' movie for sale

NBC News - 26 Oct 2012 01:25
Home in 'Amityville Horror' movie for sale It’s not haunted, and it’s not located in Amityville, N.Y., but this colonial-style house was featured in the 1979 film, “The Amityville Horror.” And now it's for sale for $935,000.
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Claims profit from spreads in 401(k) funds akin to a fee; more disclosure needed
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WATCH: Conrad Black Mocked On British Satire Show

The Huffington Post - 26 Oct 2012 23:45
WATCH: Conrad Black Mocked On British Satire Show LONDON - Former media mogul Conrad Black has appeared on a British satirical show, defying the program's mockery of his convictions in the U.S. and...
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Year-End Tax Planning Before The Fiscal Cliff Tax planning is very tricky this year with the fiscal cliff. Most people hope Congress and President Obama will act soon — after the November election and before year-end — to bring clarity to the fiscal cl...
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Google’s inscrutable branding may be masking a clever strategy, writes John Dvorak.
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Throttle problems probed in Fords, Mercurys

NBC News - 26 Oct 2012 23:30
A U.S. government safety agency has opened an investigation into complaints that the throttles can stick on some older-model Ford Taurus and Mercury Sable sedans.
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Toyota widens global sales lead over GM

NBC News - 26 Oct 2012 23:28
Toyota widens global sales lead over GM Toyota said Friday it sold 7.4 million vehicles globally in the first nine months of this year — 450,000 more than General Motors.
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Athletes make tough clients

Investment News - 26 Oct 2012 23:28
'Like having kids' and keeping them out of trouble.
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NEW YORK (Reuters) - For many U.S. companies, the earnings period has been scary enough. For those with big overseas operations, it has been a horror show.
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East Coast refineries brace for Hurricane Sandy

Market Watch - 26 Oct 2012 23:18
Hurricane Sandy could deal a blow to refineries and heating-oil transportation lines in the East Coast, with the potential to cause an already fragile market to suffer supply bottlenecks and outages.
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UBS to cut up to 10,000 jobs bankwide: source

Reuters - 26 Oct 2012 23:18
NEW YORK (Reuters) - Switzerland's biggest bank, UBS AG , is expected to cut up to 10,000 jobs, or 16 percent of its workforce, as it contends with shrinking revenue and rising capital requirements, a person familiar wit...
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Stores stock up to aid hurricane-hit shoppers

Market Watch - 26 Oct 2012 23:16
With Hurricane Sandy bearing down, retailers are rushing in emergency supplies like generators and flashlights that consumers will need to weather the storm.
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Edward Goldberg: The Disconnect: Consumer vs. Corporates -- The Globalized Interconnectedness of the World Economy In the age of globalization, when Europe gets the flu it is impossible for American corporations not to catch a cold. The euro crisis is now turning into a full-fledged European recession and it is causing a direct hit o...
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Where To Find Multi-Billion-Dollar Opportunities About 6 or 7 years ago, I became obsessed with three words. They’re an aggressive trio of utterances that have guided my work ever since.
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Senate leader Reid in hospital after crash

Market Watch - 26 Oct 2012 23:13
Senate Majority Leader Harry Reid was taken to a hospital following a car accident in Las Vegas on Friday, reports said.
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