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Business News

Location American Business News for 22 May 2013
Fortress Is Betting On Bill Collectors With Mortgage Servicer Nationstar The tedious business of mortgage servicing is now the sexiest profitmaker on Wall Street.
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(Reuters) - Merck & Co Inc said it has entered into a $5 billion share repurchase agreement with Goldman Sachs Group Inc, as the drug giant looks to prop up shareholder value in face of stiff competition from makers of l...
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'Noodle Dance' Restaurant To Open First U.S. Location

The Huffington Post - 22 May 2013 18:39
'Noodle Dance' Restaurant To Open First U.S. Location Chinese hot pot chain Hai Di Lao, enormously popular for a dazzling "noodle dance" performed by its staff, will open its first U.S. location in...
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Square Feet: Ambitious Paris Project Takes Shape in the Suburbs The 154-acre Clichy Batignolles, named for the adjoining neighborhoods in northwest Paris, will include offices, housing, a park and a court complex.
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Investing in P2P Loans: Learn to Love Defaults and Late Payments Investing in peer-to-peer loans can provide you double digit annual returns. However, you need to be prepared for defaults. Many borrowers aren?t going to pay off the full amount they owe. Ironically, a large number of d...
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WASHINGTON (AP) -- The Senate on Wednesday rejected a Republican bid to turn the federal food stamp program over to the states.
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Target, Zale, Saks are big movers

Boston - 22 May 2013 23:58
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:
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Anti-Islam Protesters March On Streets Of London After Grisly Murder Following a brutal murder this morning that is believed to have been an act of terror, a large number of anti-Islam protesters are marching in South East London. The protesters are affiliated with the English Defense Lea...
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How the Dow Jones industrial average fared

Miami Herald - 22 May 2013 23:54
Stock indexes fell on Wall Street on fear the Federal Reserve could pull back from its stimulus programs soon.
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Another Republican Governor Reverses Course On Obamacare

The Huffington Post - 22 May 2013 23:52
Another Republican Governor Reverses Course On Obamacare Iowa Gov. Terry Branstad is poised to become the ninth Republican governor to support expanding Medicaid under President Barack Obama's health care reform law, the...
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Electric carmaker Tesla pays off U.S. loan

Reuters - 22 May 2013 23:51
DETROIT
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How the Dow Jones industrial average fared

News Observer - 22 May 2013 23:50
Stock indexes fell on Wall Street on fear the Federal Reserve could pull back from its stimulus programs soon.
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In bloc-happy Latin America, the Pacific Alliance hopes to stand out The four nations of the Pacific Alliance -- Colombia, Chile, Mexico and Peru -- are holding a summit in Colombia Thursday. Can the bloc turn into the regional juggernaut it aspires to be?
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The Front Pages Of Tomorrow's UK Newspapers Are Chilling

Business Insider - 22 May 2013 23:49
The Front Pages Of Tomorrow's UK Newspapers Are Chilling Via @soph1114, how UK newspapers are covering the stunning beheading of a UK soldier via a crazed machete wielder.
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An earlier version of Wednesday's Market Snapshot gave incorrect historical information on the Dow Jones Industrial Average's intraday swings. Wednesday's gap between the highs and lows was the largest since February 25,...
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Twitter beefs up security after hacking spree on media

Chicago Tribune - 22 May 2013 23:47
Twitter beefs up security after hacking spree on media Twitter Inc unveiled technology to boost security for its users, following a spate of attacks on accounts of prominent media outlets.
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Microsoft draws a mixed reaction for the Xbox One

Venture Beat - 22 May 2013 18:57
Microsoft draws a mixed reaction for the Xbox One Consumer rights issues are overshadowing an otherwise impressive technological announcement.
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SINGAPORE (AP) -- The parents of an American software engineer who believe their son was murdered last year in Singapore withdrew from the inquest Wednesday, saying they have no confidence in the city-state's legal proce...
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Target 1Q earnings fall, misses estimates

USA Today - 22 May 2013 11:09
Target misses estimates, including its own in first quarter
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Startups, it's OK to be promiscuous when it comes to accelerators Guest Post There are drawbacks to participating in more than one accelerator. But it made sense for my startup. Here's why...
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Why Apple believes keeping billions in cash overseas is fair, and why Congress largely disagrees "I am not an unfair person," Apple CEO Tim Cook told lawmakers yesterday. "Apple is not an unfair company."
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Forbes Women's Summit 2013: Some of the World's Most Influential Women Share Insights and Lessons Learned Earlier this month, Forbes was proud to bring together more than 300 of the most influential women in the world - across generations - to discuss the dynamic ways in which they're accelerating change by embracing innovat...
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