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Business News

Location American Business News for 23 December 2013
Jaypee set to sell two power units to TAQA, Canadian pension fund TAQA to buy 51% stake, with Canadian pension fund purchasing 39% and IDFC Alternatives taking remaining 10%
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Royal Mail shares dip as company enters FTSE 100

Telegraph - 23 Dec 2013 12:46
Royal Mail shares dip as company enters FTSE 100 Newly-privatised postal delivery service Royal Mail begins trading in FTSE 100     
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If You Don't Want To Read Our Big Post About Inflation, Here's A Version That Will Take You Like 2 Seconds To Read This weekend we wrote a long post about why inflation might come back. But it's kinda long. So if you don't to read it, here's something via UBS (which is predicting above-consensus inflation) that will take you like 2 s...
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(Reuters) - Cyprus's efforts to extricate itself from its massive debt could weigh on output for the next decade, the IMF warned on Monday, in a review in which it said the island was well on track in its economic adjust...
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10 Economic Predictions I Made For 2013 -- Here's How They Did Next week I'll post some economic questions for 2014, but first here is a review of my Ten Economic Questions for 2013. After posting the list, I followed up with a discussion of each question. The goal was to provide ...
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The 27 Best Sports GIFs Of 2013

Business Insider - 23 Dec 2013 20:16
The 27 Best Sports GIFs Of 2013 There will come a day when the Internet tires of the GIF. 2013 was not that day. From Tom Brady getting rejected to Erin Andrews get videobombed to Chris Bosh eating confetti, it was another banner year for the sports GI...
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A Terrifying GIF Of Matt Flynn Nearly Getting His Head Taken Off Green Bay Matt Flynn narrowly avoided a brutal hit in the second quarter against the Pittsburgh Steelers today. Linebacker Lawrence Timmons launched himself like a missile and Flynn barely gets ducked below the crown of ...
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Enter for a chance to win a smartphone

News Observer - 23 Dec 2013 20:47
Here is a chance to win a new garnet red Samsung Galaxy S III smartphone from AT&T.
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10 Payments And Commerce Predictions For 2014 As monumental a year as 2013 was, 2014 promises even more. Here is a run-down of predictions for the evolution of mobile commerce and payments in 2014.
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SFO Investigates Rolls-Royce Bribery Claims

Sky News - 23 Dec 2013 12:54
SFO Investigates Rolls-Royce Bribery Claims The aerospace and defence group announces it is facing a formal investigation into activities overseas.
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Chinese Interbank Interest Rates Surge Again

Business Insider - 23 Dec 2013 12:20
Chinese Interbank Interest Rates Surge Again China's interbank interest rates surged again on Monday despite hefty cash injections last week by the central bank, suggesting money market stress remains as authorities maintain a prudent stance. The seven-day repurcha...
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Here's A Quick Fact About How Strong Markets Are In The Final Trading Week Of The Year Here's a nugget from Dan Greenhaus of BTIG (@danBTIG): Needless to say, with earnings season behind us, the first Fed taper decision made and Washington -- budget in hand -- gone for the year, the remaining trading days ...
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Hackers: Bell County gets $27K higher phone bill

Miami Herald - 23 Dec 2013 11:41
Leaders of a Central Texas county have blamed hackers on an international calling spree for a phone bill that's at least $27,000 higher than usual.
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Military pension cuts now unsure; changes likely

Miami Herald - 23 Dec 2013 10:17
Military pension cuts now unsure; changes likely The Pentagon's top civilian says it's time to tame burgeoning military personnel costs, but he's facing a test of wills with the nation's powerful veterans groups, which want no cut in their benefits.
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NY lawmakers want action on child care subsidies

Miami Herald - 23 Dec 2013 10:06
Citing the need for reliable child care by New York working families, the state Assembly leader and several Democratic lawmakers are advocating more subsidies for care and paid family leave.
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Tech startups create virtual farmers markets

Miami Herald - 23 Dec 2013 09:36
Tech startups create virtual farmers markets Sara Pasquinelli doesn't shop at the grocery store much anymore. The busy mother of two young boys buys nearly all her food from a new online service that delivers to her front door — but it doesn't bring just any food...
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Risks to recovery make it wise to book some profit With the FTSE 100 near all-time highs and US markets in uncharted territory, now is an excellent time to review investments     
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House Republicans Opposed To Extended Unemployment Benefits Could Pay The Price In 2014: Poll An overwhelming majority of voters are opposed to cutting off extended jobless benefits for the unemployed, a poll revealed on Monday. The left-leaning Public Policy Polling surveyed voters in four key congressional dist...
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Gold lingers around $1,200, taper worries remain

livemint.com - 23 Dec 2013 07:14
Gold lingers around $1,200, taper worries remain Spot gold eases 0.1% to $1,201.25 an ounce after its biggest weekly loss in a month
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4 Innovators Using Civic Consumption to Change the World You?ve heard about disruptive new businesses popping up across the country. Well known examples of the sharing economy?Airbnb, Lyft, and TaskRabbit?are taking center stage and challenging business as usual.
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Putin Can Punish; Putin Can Pardon

Forbes - 23 Dec 2013 23:56
Putin Can Punish; Putin Can Pardon This past week, Russian president Vladimir Putin freed several high-profile prisoners: Mikhail Khodorkovsky, an oil magnate who spent 10 years behind bars, and two Pussy Riot girls, Maria Alekhina and Nadezhda Tolokonnik...
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Tech Takeover: Jack Dorsey Joins Sheryl Sandberg On Disney Board Silicon Valley is in high demand these days, even in the happiest place on earth.
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