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Rabu, 13 Juli 2011

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Netflix raising prices as much as 60%
Los Angeles Times
Video subscription service will no longer offer a $9.99 plan that lets users watch an unlimited number of movies online and rent one DVD at a time. Instead, those who want that combination will have to pay $15.98 a month. Under Netflix's new pricing, ...
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Los Angeles Times
Moody's cut casts doubt on Irish debt mkt return
Reuters
By Lorraine Turner DUBLIN, July 13 (Reuters) - Moody's downgrade of Ireland to junk status will make it harder for Dublin to return to funding itself through debt markets next year and undermine its efforts to generate economic growth, ...
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Baby boomers expect more out of retirement, poll says
Houston Chronicle
By RONNIE CROCKER The number of centenarians in the US has more than doubled over the past decade, to 125000, and is expected to exceed 1 million by 2050. Correspondingly, two in three Americans 55 and over now list living to 100 as a goal. ...
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Small-Business Index in US Fell in June to Nine-Month Low
BusinessWeek
By Jillian Berman July 12 (Bloomberg) -- Confidence among US small businesses fell in June to a nine-month low, led by weakening sales expectations and dimming views on the economy, a private survey showed. The National Federation of Independent ...
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Bernanke May Tell Congress Deficits Imperil Decline in U.S. Borrowing Cost
Bloomberg
By Jeannine Aversa - Wed Jul 13 04:00:00 GMT 2011 Federal Reserve Chairman Ben S. Bernanke takes his push for long-term deficit cuts to Congress today as a fiscal-policy deadlock threatens to reverse the decline in borrowing costs he gained through ...
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China's Economy Grows 9.5%, Exceeding Estimates
Bloomberg
By Bloomberg News - Wed Jul 13 07:04:30 GMT 2011 Employees of Zhengzhou Nissan Automobile Co. Ltd. work on the assembly line of the X-Trail sport utility vehicle (SUV) in Zhengzhou, Henan province, China. Photographer: Nelson Ching/Bloomberg July 13 ...
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Japan should aim at society not dependent on nuclear power-PM
Reuters
TOKYO, July 13 (Reuters) - Prime Minister Naoto Kan said on Wednesday the Fukushima nuclear crisis had convinced him that Japan should aim at a society that does not depend on nuclear energy and eventually has no atomic plants. ...
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Shell executive is optimistic about Alaska drilling
Houston Chronicle
By JENNIFER A. DLOUHY WASHINGTON - The Obama administration moved Tuesday to synchronize work by more than a dozen agencies with roles in vetting drilling in Alaska, as a top Shell executive said he is optimistic the company will be able to drill there ...
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Report: LV's green economy still green
Las Vegas Review-Journal
A group of men stand next to solar panels during the 2008 dedication ceremonies for the Nevada Solar One plant in Boulder City. According to Brookings rankings, Las Vegas has nearly four times the job concentration in solar photovoltaics as other ...
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HK, China shares rise on GDP, bank projection
Reuters
By Vikram Subhedar and Clement Tan HONG KONG, July 13 (Reuters) - Hong Kong and Shanghai shares staged a mild rebound on Wednesday after data showed China's economy grew faster than expected in the second quarter, while a strong earnings forecast from ...
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Toyota making group companies wholly owned subsidiaries to strengthen Japan ...
Washington Post
By AP, TOKYO — Toyota's president said the car maker plans to take 100 percent ownership of two auto-assembly companies it partly owns and combine one of them with two other subsidiaries in an effort to strengthen Japanese manufacturing. ...
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New York's AG Looks at Bank of America Deal
TheStreet.com
By Joseph Woelfel 07/13/11 - 05:28 AM EDT NEW YORK (TheStreet) -- Bank of America's(BAC) $8.5 billion settlement with investors over mortgage-backed securities that went bad is being investigated by New York's attorney general. ...
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Southland housing market warms up in June
Los Angeles Times
The number of sales of new and previously owned homes in rises 11.6% from May, and the median price increases 1.8% to $285000. The number of sales of new and previously owned homes in rises 11.6% from May, and the median price increases 1.8% to $285000 ...
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Los Angeles Times
GM promises $129M to plants in Michigan, Ohio, Indiana
The Detroit News
General Motors Co. said today it is investing about $129 million in Midwest plants to support making eAssist versions of the Buick LaCrosse and Chevrolet Malibu. About $83 million will go to GM's transmission plant in Toledo; it comes on top of the ...
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USDA Seeks Ways to Boost Farm-to-School Programs
ABC News
By STEVE KARNOWSKI AP The popularity of farm-to-school programs that put locally grown food on cafeteria trays has exploded in recent years — so much so that the federal agency in charge of school lunches is giving them a new stamp of approval. ...
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ABC News
US trade gap surges to nearly 3-year high on oil
Reuters
By Doug Palmer WASHINGTON, July 12 (Reuters) - The US trade gap widened sharply in May to its highest level in nearly three years as surging oil prices helped push imports to a near record and exports fell slightly from April's all-time high. ...
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China stores pay off as Burberry beats forecasts
Financial Times
By Anjli Raval Burberry, the British luxury brand, continued its stellar performance into the first quarter as total revenues jumped by a third. The fashion house famous for its trench coats and distinctive check designs defied those investors that ...
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No Respite For Retailers As Bellwether Marks & Spencer Leads Fall
Wall Street Journal
By Kathy Gordon LONDON (Dow Jones)--Investors were offered no respite from the gloomy outlook for the retail sector Wednesday, despite broadly in-line trading from Marks & Spencer Group PLC (MKS.LN), as the high-street bellwether continued to preach ...
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ASML Says Profit Up 81%, Sees Slower Orders
TheStreet.com
By Joseph Woelfel 07/13/11 - 04:27 AM EDT VELDHOVEN, the Netherlands (TheStreet) -- ASML(ASML), the Dutch maker of semiconductor equipment, said net profit in the second quarter rose almost 81% to €432 million ($607 million), up from €239 million a ...
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Lagarde Names Obama Aide Lipton Top Deputy at International Monetary Fund
Bloomberg
By Sandrine Rastello - Tue Jul 12 21:43:07 GMT 2011 July 13 (Bloomberg) -- Charles Adams, a visiting professor at the Lee Kuan Yew School of Public Policy at the National University of Singapore and a former official at the International Monetary Fund, ...
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China's BYD sees 95% tumble in first-half profit
AFP
HONG KONG — Chinese car maker BYD has warned that its first-half profit will shrink by about 95 percent amid stiff competition and the loss of a consumer car subsidy. The company said in a statement late Tuesday that it expects a net profit between ...
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AFP
Cummins Chairman-CEO Solso retiring at year end
Chicago Tribune
AP Cummins Inc. says Tim Solso will retire as chairman and chief executive officer at the end of the year and be succeeded by President and Chief Operating Officer Tom Linebarger. The board of directors of the Columbus-based diesel engine maker ...
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$71 million brings 200 jobs
Waterbury Republican American
BY PAUL HUGHES REPUBLICAN-AMERICAN BLOOMFIELD — Cigna Corp. is the first of five companies to leverage financial incentives through a new state program that is a cornerstone of Gov. Dannel P. Malloy's economic development plans. ...
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Waterbury Republican American
Technical Faults Pressure NYSE to Take Deutsche Boerse System
Bloomberg
By Nandini Sukumar - Wed Jul 13 08:53:59 GMT 2011 NYSE Euronext's fourth technical malfunction in less than a month increases pressure for it to use Deutsche Boerse AG (DB1)'s trading technology should they succeed in combining to form the world's ...
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Hundreds stranded below in another T breakdown
Boston Globe
By Laura J. Nelson and Eric Moskowitz CAMBRIDGE - More than 400 commuters were left stranded for hours aboard packed, muggy subway cars near Porter Square Station yesterday, triggering a carefully choreographed evacuation by foot through MBTA tunnels ...
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Boston Globe
Ebay and marketplace sites may be liable for trademark abuse
The Guardian
L'Oreal brought cases against eBay over the sale of 'parallel imports' and trademark infringements. Photograph: Paul Sakuma/AP Online shopping sites such as eBay may be liable for trademark infringements if they play an "active role" in promoting ...
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The Guardian
US House approves 5-year extension of flood insurance
NOLA.com
By Bruce Alpert, Times-Picayune The US House voted overwhelmingly Tuesday to extend the National Flood Insurance Program for five years with new provisions designed to reduce taxpayer subsidies. View full sizeJohn McCusker, The Times-Picayune ...
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NOLA.com
Gaz Métro buys Vermont's biggest power utility for $702 million
Montreal Gazette
By ROBERT GIBBENS, Freelance July 13, 2011 2:07 AM Quebec's gas distributor Gaz Métro LP has won New England's Central Vermont Public Service Corp. power utility with a $702.3-million US bid after Fortis Inc., of St. John's, NL, bowed out of a six-week ...
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Daily-deals site updates privacy policy as it shares your information
MarketWatch
By Jennifer Waters, MarketWatch CHICAGO (MarketWatch) — A Groupon offer may be a great deal, but it might cost you a little more in privacy, as the deal site enters new partnerships and updates its privacy policy. Groupon, the deal-of-the-day discount ...
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Tattle: R. Kelly losing his house?
Philadelphia Inquirer
By Howard Gensler THE HOUSING crisis has hit R. Kelly, who faces foreclosure on his suburban Chicago mansion. Crain's Chicago Business reported yesterday that too-big-to-fail JPMorgan Chase filed the foreclosure suit last month in Cook County. ...
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