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Jumat, 15 Juli 2011

Google Alert - Business

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Google launches Photovine app for Apple's iPhone, not Android
Los Angeles Times
Google quietly launched yet another new social networking effort this week -- a new photo-sharing app called Photovine for the Apple iPhone. Yes, the iPhone. Which runs Apple's iOS, the smartphone operating system nemesis of Google's Android. ...
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JPMorgan Posts $5.4 Billion Profit, Beating Estimates
New York Times
By ERIC DASH Although banks have been cranking out big profits for several consecutive quarters as the spill of red ink from bad loans slowed, they have had little to show when it comes to growth. But on Thursday, robust gains in almost all of JPMorgan ...
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New York Times
World stocks weak as debt warnings, data weighed
The Associated Press
TOKYO (AP) — World stock markets sputtered Friday as investors weighed positive economic indicators against a new warning on US debt. In early European trading, Britain's FTSE 100 fell 0.5 percent to 5815.75, France's CAC 40 slipped 0.8 percent to ...
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The Associated Press
Amateur leads a major for first time since '76
Forbes
By PAUL NEWBERRY , 07.15.11, 05:39 AM EDT He knows that 20-year-olds don't win major titles on their first try. He just wanted to make the cut and, by the end of the weekend, put up the lowest score of any amateur at the British Open. But, on a warm, ...
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FBI Opens Inquiry Into Hacking of 9/11 Victims' Phones
New York Times
By WILLIAM K. RASHBAUM In response to requests from members of Congress and to at least one news report, the Federal Bureau of Investigation in New York opened a preliminary inquiry on Thursday into allegations that News Corporation journalists sought ...
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Australia Shares End Down 0.4% In Cautious Trading
Wall Street Journal
The benchmark S&P/ASX 200 closed down 0.4% at 4473.5, after falling to as low as 4454.3. On the charts, the index came within a few points of hitting a fresh nine-month low. The 4.0% fall this week was the fifth-biggest fall in the past two years, ...
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Conoco to spin off refining business
Boston Globe
By Bloomberg News CHICAGO - ConocoPhillips, the third-largest US energy company, plans to shed its refining business through a spinoff to free capital for oil exploration and increase returns for investors. ConocoPhillips will divide into two separate, ...
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Italy to give final OK to austerity package
Atlanta Journal Constitution
AP ROME — The lower house of Italy's parliament has begun discussing a €70 billion ($99 billion) austerity package ahead of a final vote on the measures seen as crucial to averting a debt crisis in the eurozone's third largest economy. ...
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Atlanta Journal Constitution
Europe Not Having Leadership Crisis Over Greece, Asmussen Says
Bloomberg
By Svenja O'Donnell - Fri Jul 15 08:38:28 GMT 2011 German Deputy Finance Minister Joerg Asmussen rejected the suggestion that there was a crisis of leadership in Europe over Greece and said the euro will have "a very long life." "I'm convinced the euro ...
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Groupon asks investors to ignore co-founder's reported statement
Los Angeles Times
By Wailin Wong Tribune Staff Writer Groupon Inc. has filed an amended document for its planned initial public offering that asks investors to ignore a reported statement by company co-founder Eric Lefkofsky that the daily deals giant would be "wildly ...
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Proposed Sale of Florida Gas Pipeline Ignites Antitrust Concerns
Sunshine State News
A proposed purchase of a natural gas conveyor could affect service to Central Florida and run afoul of antitrust regulations, Sunshine State News has learned. The Williams Cos. is bidding to acquire Southern Union Co. Each firm owns natural-gas ...
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Treasuries' strength too much for bond bears
Financial Times
By Michael Mackenzie and Dan McCrum in New York Not even the risk of a US debt default has shaken Treasury bonds. Now, even the most bearish investors on US government debt are throwing in the towel as low yields prove a stubborn characteristic of the ...
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Financial Times
Franchise negotiations between Boulder, Xcel break down over ballot options
Daily Camera
By Laura Snider, Camera Staff Writer The Xcel Energy-owned Valmont Power Plant in Boulder, as seen from the air today. Officials with Xcel this morning announced that Boulder has broken off negotiations with the utility. ...
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Running 405 project takes a steady hand on the wheel
Los Angeles Times
The engineering chief steering the 405 project has ample experience with success under stress. A stint in Iraq helped hone his skills. Mike Barbour, director of the 405 Freeway widening project, checks the Mulholland Drive bridge, half of which will be ...
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Los Angeles Times
One injured in plane collision at Boston's Logan Airport
New York Post
BOSTON -- One injury was reported after two planes collided on a taxiway at Boston's Logan Airport on Thursday night. The Federal Aviation Administration confirmed that a Delta 767 collided with an Atlantic Southeast jet on a taxiway around 7:30pm ...
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New York Post
China FDI Growth Slows
Wall Street Journal
BEIJING—Actual foreign direct investment in China in June grew at its slowest pace this year as the weak global economy cut into investment interest, data from the Ministry of Commerce showed Friday. But investment remained strong over the first half ...
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JPMorgan hands Donavan EMEA corporate clients job
Reuters
LONDON Jul 15 (Reuters) - JPMorgan has named telecoms advisory specialist Jake Donavan as head of corporates for Europe, the Middle East and Africa, replacing Larry Slaughter who is moving to a senior North American job at the US bank. ...
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China to sell pork from stockpiles to dampen price
Bradenton Herald
AP China's government will sell pork from stockpiles to dampen inflation that pushed up the price of its staple meat by 57 percent last month, the Commerce Ministry said Friday. Beijing will release both frozen pork and live pigs into the market, ...
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What's in a Xylem? ITT Unveils Its New Offspring
Wall Street Journal
By JAMES R. HAGERTY And KRIS MAHER In the long-past days when company names described what companies actually did, ITT Corp. was sturdily known as International Telephone & Telegraph. Now the conglomerate, founded in 1920, is splitting into three ...
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Dexia Sues Deutsche Over Losses
Wall Street Journal
By LAURENCE NORMAN BRUSSELS—French-Belgian bank Dexia SA is suing Deutsche Bank AG over more than $1 billion in losses from residential mortgage-backed securities the firm bought from Deutsche Bank, the company said Friday. "The lawsuit alleges claims ...
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Warren faces more grilling over consumer bureau
Washington Post
By Jia Lynn Yang, Elizabeth Warren on Thursday made her third trip this year to Capitol Hill to answer questions about her brainchild, the Consumer Financial Protection Bureau, which begins work in a week and still has no permanent leader in place. ...
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Telefonica's Layoff Plan Will Cost Company EUR2.7 Billion
Wall Street Journal
By Santiago Perez MADRID (Dow Jones)--Spanish telecommunications giant Telefonica SA (TEF) said Friday its plan to make 6500 staff redundant by 2013 will cost the company around EUR2.7 billion before taxes. The planned layoffs, which will affect nearly ...
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IRS to hold an Open House Saturday
Patch.com
By Ela Lindsay Taxpayers who may have difficulty getting to an IRS Taxpayer Assistance Center during normal business hours from Monday through Friday can visit Southern California IRS offices on Saturday, July 16 between the hours of 9:00 am and 2:00 ...
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Chinese retailer Sun Art delays HK debut, reopens retail bids
Reuters
HONG KONG, July 15 (Reuters) - China's biggest hypermarket operator, Sun Art Retail Group Ltd , said on Friday retail investors will have six days to reconsider bids on the $1.1 billion initial public offering after the company revised figures in the ...
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Top Providence Posts Remain In Question
GoLocalProv
Not even seven months into his first term, Mayor Angel Taveras has managed to avoid mass layoffs, close a $110 million structural deficit and maintain his status as one of the most popular politicians in Rhode Island, all while being forced to deal ...
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GoLocalProv
Amtrak to restore full Empire Builder route
Seattle Post Intelligencer
BISMARCK, ND (AP) — Amtrak plans to restore its full route between Chicago and the Pacific Northwest next week. Amtrak suspended service on its Empire Builder line between St. Paul, Minn., and Havre, Mont., in late June because of flooding in North ...
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Deutsche Boerse owners back $9.7 billion NYSE merger
Reuters
1 of 2. The DAX board and trading floor are pictured at the Frankfurt stock exchange April 4, 2011. Deutsche Boerse does not plan to sweeten its takeover bid for NYSE Euronext after Nasdaq and IntercontinentalExchange (ICE) made a higher offer, ...
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Alden Global Capital buys Journal Register Co.
Bradenton Herald
By MATT MOORE - AP Business Writer The Journal Register Co. said Thursday it has been acquired by the Alden Global Capital hedge fund, a deal made less than two years after the newspaper and digital media publisher emerged from bankruptcy protection ...
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Initial Jobless Claims in U.S. Fell 22000 Last Week to 405000
Bloomberg
By Alex Kowalski - Thu Jul 14 14:28:13 GMT 2011 Job seekers wait in line to have their resumes reviewed during the San Francisco Hirevent job fair at the Hotel Whitmore on July 12, 2011 in San Francisco, California. Photographer: Justin Sullivan/Getty ...
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