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Business News

Location American Business News for 14 November 2012

U.S. Stocks Slide

Wall Street Journal - 14 Nov 2012 23:14
Stocks stumbled toward a fresh three-month low as growing political concerns in the U.S. and European economic weakness pushed the technology-heavy Nasdaq Composite into a correction.
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LOOK: This Painting Is For Sale For MILLIONS

The Huffington Post - 14 Nov 2012 21:10
LOOK: This Painting Is For Sale For MILLIONS Feel all warm and fuzzy remembering Bob Barker's legendary run as host of "The Price Is Right"? Well, come on down to eBay where you...
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As big banks keep credit tight and more people have no bank at all, retailers like Costco, Home Depot and Walmart are offering financial products like prepaid cards, loans and even life insurance.
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How to invest in legalized marijuana

Market Watch - 14 Nov 2012 04:23
Cannabis may never trade like coffee or orange juice futures. But as more states legalize its use, brave investors are finding new opportunities.
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Midnight at the Mall

Wall Street Journal - 14 Nov 2012 02:53
More U.S. malls are opting to open at midnight in a bid to keep pace with discount retailers and online shopping.
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Diamond Sells For $21.5 Million, Setting Record

The Huffington Post - 14 Nov 2012 00:07
Diamond Sells For $21.5 Million, Setting Record GENEVA — Geneva's jewelry auctions, held in five-star hotels along its elegant lakefront, can seem a continent if not a world away from the grim...
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Energy stocks trade mostly lower Wednesday, with the sector one of the hardest hit in the S&P 500 amid continued worries about the so-called “fiscal cliff” for the U.S.
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Jive Software, the enterprise social networking company, went public last year at a time when many were more interested in Facebook or other consumer Internet companies. Since then there hass been much activity in the so...
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Setting Defiant Tone In Fiscal Standoff, Obama Seems To Be Betting GOP Will Fold On Taxes President Obama broke no new ground with his press conference today. And despite a conciliatory tone at times, he was ultimately resolute and even defiant.
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Schwab Impact Note to self: Don't ignore clients' wives

Investment News - 14 Nov 2012 23:35
Sobering data about women and their relationships with their financial advisers set the stage today for a panel discussion on winning and retaining female clients.
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CHICAGO (Reuters) - CME Group has received approval ahead of schedule from U.S. anti-trust regulators to buy the Kansas City Board of Trade, although the deal is not yet finalized.
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Today, the Justice Department and Securities and Exchange Commission released the long anticipated guidance on the FCPA.  As declared by the DOJ and SEC, the 120-page long document entitled, “A Resource Guide to...
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How to sell your firm without really trying

Investment News - 14 Nov 2012 23:25
Independent advisers who have not planned how they will pass on their business when they retire and#8212; or actually die while still running their firm and#8212; may now have a backstop.
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Hacking a Better Future of Meat

Forbes - 14 Nov 2012 23:18
Hacking a Better Future of Meat Mark your calendar! From December 7 - 9, Food+Tech Connect, GRACE Communications and Applegate are bringing together technologists, entrepreneurs, creatives, policy experts, non-profit leaders and industry execu...
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Janeane Garofalo Finds Out She's Been Married... For 20 Years What happens in Vegas, stays in Vegas.
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Taxes From A To Z

Forbes - 14 Nov 2012 23:16
Taxes From A To Z Kelly Phillips Erb breaks down the tax terms that might not get much play on a day-to-day basis.
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Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to mak...
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As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys.
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Shares Decline More Sharply After Tax Remarks

The New York Times - 14 Nov 2012 23:05
Stocks closed lower after President Barack Obama insisted that higher tax payments from wealthy Americans would have to be part of any budget deal.
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Sandy May Cost Insurers Up to $25 Billion

Wall Street Journal - 14 Nov 2012 23:02
Sandy may cost the insurance industry up to $25 billion, according to a new estimate that provides the largest potential price tag for the storm so far.
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(Reuters) - Starbucks Corp plans to acquire tea store operator Teavana Holdings Inc for $620 million in cash, furthering its push beyond its flagship coffee business.
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The Moment Of Truth Approaches

Forbes - 14 Nov 2012 23:00
The Moment Of Truth Approaches If there is no deal on the fiscal cliff by December 31-- then taxes will go up for everyone and $109 billion in federal spending cuts will go into effect.
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