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Business News

Location American Business News for 3 February 2013

Tomato Imports Deal Reached by U.S. and Mexico

The New York Times - 3 Feb 2013 19:42
An agreement raises the minimum price at which Mexican tomatoes can be sold in the United States, narrowly averting a trade war that threatened to engulf a broad swath of American businesses.
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BOND GOD: The World Is Changing, And Bonds Are The Most Overbought I've Seen In My 55 Year Career For years, investors have watched in disbelief as the 30-year bull market in fixed-income assets has raged on, leaving bears in the dust. The bond skeptics are having another moment, as talk grows of a "great rotation" f...
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The second biggest eating holiday, after Thanksgiving, is amongst us. Today, hundreds of millions of people worldwide will gather with their friends around televisions to watch the San Francisco 49ers take on the Baltimo...
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7 Smart Steps Businesses can use from Scrutinizing a Social Superbowl (Infographic Playbook) (Photo credit: Wikipedia) Professional American football is an incredibly strategic game. It also resembles the way an effective social business should be run. Before every play, both the offense and defense huddle up to...
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Foreigners Dominate in Iraqi IPO

Wall Street Journal - 3 Feb 2013 22:37
Demand for the $1.3 billion sale of Asiacell shares came largely from outside the country. Unclear is whether controlling shareholder Qatar Telecom beefed up its stake.
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Retailers Closing The Most Stores

The Huffington Post - 3 Feb 2013 21:52
Retailers Closing The Most Stores It is the time of year again, when America's largest retailers release those critical holiday season figures and disclose their annual sales. A review of...
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4 retailers likely to close stores this year

NBC News - 3 Feb 2013 20:42
4 retailers likely to close stores this year For many retailers, the sales situation is so bad that it is not a question of whether they will cut stores, but when and how many. Here's the list of the retailers most in danger.
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Postal Service Claims Immunity From Traffic Tickets

The Huffington Post - 3 Feb 2013 00:19
Postal Service Claims Immunity From Traffic Tickets The U.S. Postal Service is trying to get out of paying some traffic tickets. A lawyer for the USPS sent the city of East Cleveland...
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John Boehner Recovers From Rocky 2013 Start

The Huffington Post - 3 Feb 2013 19:00
John Boehner Recovers From Rocky 2013 Start WASHINGTON -- House Speaker John Boehner has shored up his political clout after a shaky month, persuading his Republican caucus to pick its fights with...
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Mike Bloomberg's Gun Control Group Will Air This Devastating Super Bowl Ad Slamming A Big NRA Flip-Flop The gun control group founded by New York City Mayor Michael Bloomberg will air a 30-second ad during the Super Bowl featuring a child narrator and aimed at the NRA's flip-flop on background checks. Because of the high-p...
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15 Ultimate Man Caves You Can Buy Right Now

Business Insider - 3 Feb 2013 22:27
15 Ultimate Man Caves You Can Buy Right Now The best place to watch the Super Bowl is probably from the stadium itself, but the second-best place is a cozy, bear-like man cave. Think about it: plush armchairs, all your friends around, and your favorite game day sn...
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REPORT: UBS Is Going To Send A Letter That Could Scare The Heck Out Of Clients Invested In Bonds It really looks like the investment industry is trying to get investors to participate in this "great rotation" from bonds to equities. According to Charlie Gasparino (via Josh Brown) some clients of UBS are about to get...
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For U.S. Gun Clubs, Joining The NRA Has Its Perks

The Huffington Post - 3 Feb 2013 22:07
For U.S. Gun Clubs, Joining The NRA Has Its Perks (Repeats with no change to text) * Maine club in line for benefits after all members join NRA * Club members see NRA affiliation as...
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NEW YORK
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China's services sector expands in January

Market Watch - 3 Feb 2013 20:21
China's services sector in January expands for a fourth consecutive month, with retailing helping bolster government efforts to support the nation's economic rebound.
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Iranian minister says nuclear talks possible

Market Watch - 3 Feb 2013 23:06
Iran on Sunday says Tehran would be interested in participating in bilateral talks on its nuclear program, so long as there is "honest intention," The Wall Street Journal reports.
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787 May Be Grounded, But Batteries Can Still Fly

The Huffington Post - 3 Feb 2013 18:32
787 May Be Grounded, But Batteries Can Still Fly WASHINGTON -- At the same time the government certified Boeing's 787 Dreamliners as safe, federal rules barred the type of batteries used to power the...
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This Old Spice Super Bowl Spot Will Only Air In Alaska Because It's The Wolf Capital Of The World Procter & Gamble and its ad agency for Old Spice, Wieden + Kennedy, have a new media strategy they're using for an Old Spice Super Bowl spot. Like similar ads for Old Milwaukee and Dundler Mifflin (yes, it's a real paper...
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A Bunch Of Celebrities Played Flag Football In The Sand At The Super Bowl DIRECTV put on its seventh annual Celebrity Beach Bowl at the Super Bowl on Saturday and some big names participated this year. The Beach Bowl began when DIRECTV's senior VP of advertising and public relations, Jon Giese...
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Jailed Wall Street fraudster Bernie Madoff may have finally picked a legitimate winner. A biopharmaceutical company partly owned by the Madoff family had an initial public offering last week that sold $33 million worth o...
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Netflix takes on Hollywood with original shows

Washington Post - 3 Feb 2013 01:25
Tech giant Netflix is going Hollywood. As the dominant paid provider of streaming online videos, it now sees making its own videos as the key to its future. This big bet -- and an expensive one -- turns the ever-evolving...
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The stock market may have packed much of its fun for the year into one exhilarating January. This steady growth will likely make for a good year for stocks, but January may account for much of the year's rise, analysts t...
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