Tuesday 6 December 2011

Google Alert - Business

News23 new results for Business
 
Optimism on Euro Zone Buoys Stocks and Bonds
New York Times
By REUTERS Stocks and the euro lost some of their gains Monday after a media report said Standard & Poor's Corp. was about to warn Germany and other euro zone nations that their credit ratings were being assessed for a possible downgrade. ...
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S&P ratings warning to top euro nations
Financial Times
By FT reporters Standard and Poor's has warned Germany and the five other triple A members of the eurozone that they risk having their top-notch ratings downgraded as a result of deepening economic and political turmoil in the single currency bloc. ...
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Obama Urges Republicans to Pass Payroll Tax Cut
Fox News
AP Dec. 5, 2011: President Obama urges Republican lawmakers to pass the payroll tax cut in a statement to reporters in the James Brady Press Briefing Room at the White House. Suggesting Republicans are hypocritical for saying they won't raise taxes but ...
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Fox News
US Postal Service Seeks to Slow Mail Delivery
Bloomberg
By Angela Greiling Keane - Mon Dec 05 19:13:37 GMT 2011 Letter carrier Roy Sipe delivers mail to homes in Fairfax, Virginia. Photographer: Andrew Harrer/Bloomberg Mail at the US Postal Service processing and distribution center in Merrifield, Virginia. ...
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Bloomberg
Kraft Foods names top execs for spinoff grocery, snack companies
Los Angeles Times
Food and beverage giant Kraft Foods Inc. named its current Chief Executive and Chairman Irene B. Rosenfeld to lead its planned spinoff snacks company. Rosenfeld, 58, has been chairman of the Northfield, Ill.-based company since 2007 and its chief ...
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Chicago's Evans Says Its 'Imperative' for FOMC to Escape Liquidity Trap
Bloomberg
By Joshua Zumbrun - Mon Dec 05 19:11:51 GMT 2011 Federal Reserve Bank of Chicago President Charles Evans said further monetary stimulus is needed now to help the US economy escape from a "liquidity trap." "There is simply too much at stake for us to be ...
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Chicken fat-fuel to power US warships in '12 games
Reuters
The decommissioned USS Paul F. Foster destroyer conducts a successful demonstration of shipboard alternative fuel use while underway in the Pacific Ocean on a 50-50 blend of an algae-derived, hydro-processed algal oil and petroleum F-76 in this ...
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Peru's Humala declares state of emergency as protests continue
Los Angeles Times
REPORTING FROM LIMA, PERU, AND BOGOTA, COLOMBIA -- Digging in his heels against opponents of a huge gold and copper mining project, Peruvian President Ollanta Humala declared a 60-day state of emergency and called on residents to maintain "serenity and ...
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Gold ends lower as European progress dulls demand
MarketWatch
By Myra P. Saefong and Barbara Kollmeyer, MarketWatch SAN FRANCISCO (MarketWatch) — Gold futures closed lower on Monday, as optimism about addressing the euro-zone sovereign debt crisis fueled gains in global stock markets and dulled investment demand ...
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Factory Orders Decline
New York Times
By AP Companies decreased their overall orders to American factories in October for the second straight month, the Commerce Department said Monday, in what may be evidence that the economy remains weak despite other signs of improvement. ...
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SAP splashes out in cloud-computing frenzy
Reuters
By Maria Sheahan and Harro Ten Wolde FRANKFURT/NEW YORK, Dec 5 (Reuters) - SAP AG's $3.4 billion takeover of SuccessFactors will help it keep up with peers in the frenzied race for cloud-computing business, even if the price paid is very high at first ...
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IMF releases 2.2 billion euro in aid for Greece
Reuters
A Greek (R) and an EU flag fly over the Greece's Finance Ministry in Athens November 3, 2011. WASHINGTON (Reuters) - The International Monetary Fund on Monday agreed to release a 2.2 billion euro ($2.95 billion) aid disbursement to Greece, ...
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French Greenpeace Activists Arrested for Nuclear-Plant Break-In
Wall Street Journal
By GERALDINE AMIEL And INTI LANDAURO PARIS—French police Monday arrested nine activists with the environmental group Greenpeace who broke into one of France's nuclear plants in an attempt to raise new questions about reactor security. ...
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Treasuries Pare Decline on Report Germany May Get Credit Warning
BusinessWeek
By Susanne Walker and Daniel Kruger Dec. 5 (Bloomberg) -- Treasuries pared their drop after the Financial Times reported Germany, France and other European nations are about to receive a warning from Standard & Poor's on their top credit ratings. ...
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Saab Owner in Talks to Attract Investment From Chinese Bank
BusinessWeek
By Bloomberg News Dec. 5 (Bloomberg) -- Swedish Automobile NV, the owner of Saab Automobile, said it's in talks to sell a stake to an unidentified Chinese Bank to keep the carmaker in business. The talks also involve China's Zhejiang Youngman Lotus ...
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Dollar General's Net Rises 34%
Wall Street Journal
By BEN FOX RUBIN And KAREN TALLEY Dollar General Corp. said its fiscal third-quarter earnings jumped 34% as same-store sales continued to rise on improved traffic. The deep discounter said solid sales growth has continued into its current quarter, ...
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Lehman Said to Seek Financing for Archstone Counterbid
BusinessWeek
Dec. 5 (Bloomberg) -- The estate of Lehman Brothers Holdings Inc. is trying to raise money for a possible counterbid to Equity Residential's deal for a 26.5 percent stake in US apartment owner Archstone, according to a person with knowledge of the ...
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Ireland sets out new round of spending cuts
Financial Times
By Jamie Smyth in Dublin The Irish government has outlined €2.2bn of spending cuts in an austerity budget that aims to cut the country's sky high deficit and put it back on a path to economic recovery. More than half of the expenditure reductions ...
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Talbots announces search for a new CEO
The Boston Globe
By Chris Reidy Talbots Inc., the troubled Hingham-based company known for women's clothing, said today that its board of Directors has formally begun the process of identifying a successor to president and chief executive Trudy F. Sullivan. ...
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The Boston Globe
Watchdog quits 'conflict-free diamonds' scheme
The Guardian
A human rights watchdog has left the Kimberley Process, accusing the international diamond regulatory group of refusing to address links between diamonds, violence and tyranny. Global Witness's departure raises questions about whether the diamonds ...
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The Guardian
San Mateo smart-grid software company eMeter bought by Siemens
San Jose Mercury News
By Jeremy C. Owens jowens@mercurynews.com San Mateo-based eMeter, which builds advanced software for utility companies, has been acquired by German technology giant Siemens, the companies announced Monday. The purchase price was not disclosed. ...
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Toyota will sell U.S. built 2012 Camry sedans in South Korea
Torque News
Toyota has just announced plans to export US assembled 2012 Camry sedans to its distributor in South Korea - with roughly 6000 units annually being sent to South Korea beginning next year. The Camrys will be built by workers at Toyota's manufacturing ...
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Torque News
Colo. Regulators Hold Fracking Disclosure Hearing
KKTV 11 News
Reporter: AP DENVER (AP) -- The director of the Colorado Oil and Gas Conservation Commission says requiring drilling companies to publicly disclose what chemicals they use in hydraulic fracturing is only one tool for protecting public health and the ...
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