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Business News

Location American Business News for 21 March 2013

News Summary: Nike 3rd-quarter net income rises

News Observer - 21 Mar 2013 23:45
THE NEWS: Nike Inc. said its third-quarter net income rose 55 percent as strong results in North America helped offset weakness elsewhere. Revenue rose 9 percent to $6.19 billion, helped… Click to Continue »
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China Is Now The Largest International Box-Office Market

Business Insider - 21 Mar 2013 23:56
China Is Now The Largest International Box-Office Market Global ticket sales broke records in 2012, hitting $34.7 billion internationally, thanks to the strength of foreign markets and a rebound at the domestic box office.  Overall, the box office rose 6 percent last year, ...
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Republicans Have A New Secret Weapon To Take Down Democrats In 2012 CNN's Peter Hamby scoops that three veteran Republican operatives have teamed up to form a new opposition research group to improve the GOP's tracking on Democratic candidates. The group, America Rising, is the Republ...
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Jana Schilder: What Big Business Could Learn From Downton Abbey

The Huffington Post - 21 Mar 2013 23:35
Jana Schilder: What Big Business Could Learn From Downton Abbey The sense of duty, responsibility and stewardship in Downton Abbey are nothing less than old-fashioned words for the "modern" concept that a few corporations are once again embracing: Corporate Social Responsibility. But...
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Bomb Shelter Attracts Survivalists Looking For A Place To Call Home There was little to no chance a bomb would be dropped on Fort Pierce, FL during the Cold War. But that didn't stop 30-inch-thick steel-reinforced concrete from being poured in the middle of St. Lucie County.
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Availability and ease of online tools also helps.
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FDA: Georgia pharmacy recalling all sterile drugs

News Observer - 21 Mar 2013 23:59
The Food and Drug Administration says a Georgia compounding pharmacy that distributed a drug linked to eye infections is now recalling all of its injectable medicines following a federal inspection. Click to Continue �...
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Ky. court disbars class-action specialist Chesley

News Observer - 21 Mar 2013 23:59
An Ohio attorney known as the godfather of the modern class-action lawsuit was disbarred Thursday by the Kentucky Supreme Court, which said Stanley Chesley acted unethically in a $200 million… Click to Continue �...
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Kayak analyzes a billion queries to uncover secrets behind cheap flights Kayak's most recent data pull yields the best flight deals, busiest airports, and most popular destinations, and provides tips on how to save money on travel.
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US jobs, housing data push dollar higher vs euro

News Observer - 21 Mar 2013 23:54
Strong U.S. jobs and housing data pushed the dollar higher against the euro Thursday. Traders also sold the euro on weak economic data from Europe and fears that Cyprus won't… Click to Continue »
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Dell buyout intrigue heightens as deadline looms

News Observer - 21 Mar 2013 23:54
Michael Dell is about to find out if other bidders think his company is worth more than he does. Click to Continue »
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Saturday Mail Cutback Still Being Debated

The Huffington Post - 21 Mar 2013 23:52
Saturday Mail Cutback Still Being Debated WASHINGTON -- The new spending bill passed by Congress on Thursday appears to continue the requirement for six-day mail delivery, but some lawmakers and postal...
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U.S. Department of Defense orders 120K iPads, 100K iPad minis, 200K iPod touches, and 210K iPhones The U.S. military is fairly well-equipped with M16s, Abrams battle tanks, and aircraft carriers. But apparently there is a major shortage of shiny new Apple iDevices.
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Samsung Exec Says Google's Ousted Android Chief Was Stubborn (GOOG) It sounds like Samsung is happy about Google's recent reorg, which put a new executive in charge of the Android mobile operating system that runs many Samsung smartphones and tablets. "The Google relationship has gotten ...
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Pogue's Posts: Addressing Fears About LED Light Bulbs

The New York Times - 21 Mar 2013 23:47
A column about LED light bulbs generated a lot of reader e-mail, probably because LED represents change. And change is always scary. David Pogue addresses some reader concerns.
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How California's Health Care Giant Wrongs Mental Health Patients SAN FRANCISCO -- A report released earlier this week by the California Department of Managed Health Care slammed Kaiser Permanente, one of the state's largest...
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What makes SKorea cyberattacks so hard to trace?

News Observer - 21 Mar 2013 23:44
The attacks that knocked South Korean banks offline this week appear to be the latest examples of international "cyberwar." But among the many ways that digital warfare differs from conventional… Click to Continue ...
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Chinese, super fans boost global movie revenue

News Observer - 21 Mar 2013 23:44
Global movie ticket sales rose 6 percent in 2012 to a record $34.7 billion thanks to the growing popularity of movies in Asia and higher attendance by hardcore fans in… Click to Continue »
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DETROIT (Reuters) - Honda Motor Co will recall 76,000 Acura TSX sedans in the United States to install a water-resistant cover over the electronic control unit to prevent corrosion that could ultimately lead to stalling.
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SAN FRANCISCO (Reuters) - Oracle's severe miss in quarterly sales, dismissed by management as a blip, amplified questions on Wall Street about the business-software giant's diminishing clout in an industry moving rapidly...
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Foxconn's Biggest Loss Ever

The Huffington Post - 21 Mar 2013 19:08
Foxconn's Biggest Loss Ever By Lee Chyen Yee HONG KONG (Reuters) - Foxconn International Holdings Ltd (FIH), the world's biggest contract maker of cellphones, fell into the red in...
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Acura recalling TSX sedans for corrosion

News Observer - 21 Mar 2013 23:39
Honda Motor Co.'s luxury Acura brand is recalling 76,000 TSX sedans in 22 cold-weather states because corrosion could cause them to stall. Click to Continue »
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