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| How soon could jobless rate reach 6.5%? USA TODAY How soon could jobless rate reach 6.5%? Tim Mullaney, USA TODAY4:02p.m. EST December 18, 2012. CommentsShare. jobs. A job seeker talks to a recruiter at a job fair expo in Anaheim, Calif. (Photo: Jae C. Hong, AP). Story Highlights. Fed points to 2015, ... See all stories on this topic » | ||
| S&P 500 posts best two-day run in a month Reuters NEW YORK | Tue Dec 18, 2012 4:11pm EST. NEW YORK (Reuters) - Stocks rallied on Tuesday, capping off the S&P 500's best two-day run in a month, on confidence that a deal would be struck in Washington to avoid painful spending cuts and tax hikes that ... See all stories on this topic » | ||
| Republicans seek to squeeze more from Obama in "fiscal cliff" talks Reuters By Richard Cowan and Kim Dixon. WASHINGTON | Tue Dec 18, 2012 3:45pm EST. WASHINGTON (Reuters) - Republicans tried to squeeze more concessions from the White House on taxes on Tuesday in political maneuvering for a deal that would prevent ... See all stories on this topic » | ||
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| Treasuries Drop for a Second Day Amid Budget Talks, Note Auction Businessweek Treasuries slid for a second day as investors bet U.S. leaders will resolve a budget showdown and the U.S. sold $35 billion of five-year debt to the lowest demand in five months. Thirty-year bond yields climbed to a three-month high as President Barack ... See all stories on this topic » | ||
| TheStreet, Former Executives Settle SEC Announting Probe Bloomberg TheStreet Inc., operator of the financial website TheStreet.com, and three former executives settled a U.S. Securities and Exchange Commission investigation of accounting fraud at the company in 2008. The SEC filed three complaints in federal court in ... See all stories on this topic » | ||
| U.S. Tackles Low River but Worries Persist - WSJ.com Wall Street Journal The U.S. Army Corps of Engineers has begun removing rocks protruding from the bottom a drought-stricken stretch of the Mississippi River and now says it expects little disruption to commercial traffic in coming months. Companies that ship goods along the ... See all stories on this topic » | ||
| Ford COO Says Automaker Working on Quality After Recalls Bloomberg Ford Motor Co. (F) Chief Operating Officer Mark Fields, in line to run the company eventually, said the automaker is "working very hard" on its quality even though a spate of recalls on new models hasn't hurt sales. "Our sales are doing well and the perception ... See all stories on this topic » | ||
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| Gold Sags to 3-Month Low as Budget Optimism Boosts Stocks Businessweek Gold dropped to the lowest in more than three months as signs that U.S. lawmakers may be closer to a budget deal boosted equities and reduced demand for the metal as an alternative asset. House Speaker John Boehner and President Barack Obama are ... See all stories on this topic » | ||
| Spendthrift Oil and Gas Firms Could Turn Scrooge Wall Street Journal Canadians are giving early Christmas presents: barrels of oil for less than $50. But to get your Western Canadian Select, priced at a 45% discount to West Texas Intermediate on Tuesday, you'll need a tanker rather than a stocking. One other thing: This is bad ... See all stories on this topic » | ||
| U.S. Current Account Deficit Narrows - WSJ.com Wall Street Journal WASHINGTON—The U.S. current account deficit fell to its lowest level since 2010 in the July through September period mainly because the value of imported goods—including oil—declined. The broad measure of U.S. international transactions registered a ... See all stories on this topic » | ||
| Jefferies results beat estimates on higher fixed-income revenue Reuters By Tanya Agrawal. Tue Dec 18, 2012 2:19pm EST. (Reuters) - Jefferies Group Inc (JEF.N) reported a higher-than-expected adjusted quarterly profit as the investment bank benefited from higher earnings from its fixed-income unit, indicating the bond market ... See all stories on this topic » | ||
| Cerberus Weighed Gun Maker's Fate on Friday Wall Street Journal Within hours of Friday's shooting at Sandy Hook Elementary School in Connecticut, executives at Cerberus Capital Management LP huddled at the company's Manhattan headquarters to prepare for fallout. The buyout firm owns one of the nation's biggest ... See all stories on this topic » | ||
| PATH Trains to Resume Service From Hoboken, Port Authority Says Bloomberg PATH trains between Hoboken and the 33rd Street station in Manhattan will resume tomorrow following almost two months of repairs of water damage from Hurricane Sandy, the Port Authority of New York and New Jersey said. Resumption of direct service ... See all stories on this topic » | ||
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| The Associated Press: Gov't rolls out $1.9B Indian land buyback program The Associated Press HELENA, Mont. (AP) — U.S. government officials are rolling out a Native American land buyback program as part of a $3.4 billion settlement over mismanaged royalties. The 10-year, $1.9 billion program is meant to purchase individual allotments from willing ... See all stories on this topic » | ||
| Boeing Can Gain Altitude Barron's The aerospace giant will raise its dividend by 10% and resume a $3.6 billion share-repurchase program. Article; Comments. Email; Print; Reprints. smaller; Larger. Shares of Boeing are rising Tuesday, following the aerospace giant's 10% dividend hike. See all stories on this topic » | ||
| Fed's Fisher says quantitative easing not very effective Reuters GAINESVILLE, Texas | Tue Dec 18, 2012 2:09pm EST. GAINESVILLE, Texas (Reuters) - Dallas Federal Reserve President Richard Fisher said Tuesday he had opposed the Fed's recent bond-buying programs because he did not think they are very effective ... See all stories on this topic » | ||
| Icahn Proposes Merger of American Railcar and Greenbrier - WSJ.com Wall Street Journal Carl Icahn is making another push to combine his American Railcar Industries Inc. business with rival Greenbrier Cos., as strong U.S. energy and commodity markets spur demand for rail capacity. Antitrust hurdles may await, however, as the combination ... See all stories on this topic » | ||
| UPDATE 1-Rhode Island judge orders mediation in pension dispute Chicago Tribune ... 2012. * Unions challenging state cuts to pension plan * U.S. states, cities have $5 trillion in unfunded pensions. By Scott Malone BOSTON, Dec 18 (Reuters) - A Rhode Island judge ordered the state and a group of unions into mediation to try to resolve a ... See all stories on this topic » | ||
| Oracle results due for release after hours MarketWatch LOS ANGELES (MarketWatch) — Wall Street will look for business software maker Oracle Corp. to report a gain in quarterly earnings and sales when it releases results Tuesday evening. Oracle is expected to report earnings of 61 cents a share, a rise of 13% ... See all stories on this topic » | ||
| Amgen pleads guilty to illegal drug marketing - FT.com Financial Times Amgen, the world's largest biotech company by revenues, pleaded guilty on Tuesday to charges in the US that it illegally marketed one of its best-selling drugs and agreed to pay more than $700m in fines. Amgen has been ensnared in whistleblower lawsuits ... See all stories on this topic » | ||
| Nielsen buys Arbitron, partners with Twitter to create new rating Bizjournals.com Nielsen and Twitter have partnered to create a new rating that they say measures social media engagement with television shows. Nielsen's $1.26 billion purchase of Arbitron will combine the company best known for determining television ratings with the ... See all stories on this topic » | ||
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| Ga. publisher resigns to head nonprofit chapter Winston-Salem Journal MACON, Ga. (AP) — The publisher of The Telegraph of Macon announced his resignation Tuesday and said he plans to head the United Way of Central Georgia in January. George McCanless is replacing Ron Watson, who is retiring after 28 years heading ... See all stories on this topic » | ||
| Atlanta civil rights leader, businessman dies Milton Daily Standard This photo taken Aug. 1, 1980 shows Jesse Hill Jr., an Atlanta businessman and a leader in the civil Rights Movement. Hill has died at the age of 86. Hill was born in St. Louis and served on the board of directors for a diverse set of companies and nonprofits. See all stories on this topic » | ||
| The Bribery Aisle: How Wal-Mart Used Payoffs To Get Its Way in Mexico New York Times SAN JUAN TEOTIHUACÁN, Mexico — Wal-Mart longed to build in Elda Pineda's alfalfa field. It was an ideal location, just off this town's bustling main entrance and barely a mile from its ancient pyramids, which draw tourists from around the world. With its ... See all stories on this topic » | ||
| Audit reveals State Parks violated payroll rules - Capitol and California - The ... Sacramento Bee Dozens of employees at the state Department of Parks and Recreation were inappropriately paid for working outside their job classification, according to an audit by the State Controller's Office released Tuesday. These "out-of-class" work assignments may ... See all stories on this topic » | ||
| Rock Ventures acquires 5 more downtown Detroit properties; brings this year's ... The Republic DETROIT — Quicken Loans chief and founder Dan Gilbert continues to gobble up property in downtown Detroit. Gilbert's Rock Ventures LLC announced Tuesday the acquisition of five more buildings, pushing the company's downtown real estate investments ... See all stories on this topic » | ||
| UPDATE: Baker Hughes Shares Reverse Course, Rise 4% on Lowered Guidance NASDAQ Shares of Baker Hughes ( BHI ) are up 3.7% to $42.15, after trading as low as $39.65 earlier this morning after the company projected North America revenue and profit margins to be lower than previous expectations. The forecast change was due to weaker ... See all stories on this topic » | ||
| Louisiana levies more fines against Texas Brine | The Advertiser | theadvertiser ... The Daily Advertiser BATON ROUGE, La. (AP) — The Louisiana Office of Conservation has levied an additional $160,000 fine against Texas Brine Co. LLC. Commissioner James Welsh says the fine levied Monday is for continued failure to comply with his directives for an 8-acre ... See all stories on this topic » | ||
| GM boosts pickup truck deals to shed inventory Fox News With Chevy Silverado and GMC Sierra pickup trucks piling up on dealer lots, General Motors is offering generous deals to thin the stock. It's matching or beating discounts from rivals Ford and Chrysler, offering up to $9,000 off remaining 2012 models and ... See all stories on this topic » | ||
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| S.Africa's rand hits two month high after ANC elections Reuters By Xola Potelwa. JOHANNESBURG | Tue Dec 18, 2012 11:28am EST. JOHANNESBURG Dec 18 (Reuters) - The rand extended gains to a more than two-month high on Tuesday after markets took the re-election of President Jacob Zuma to head the African ... See all stories on this topic » | ||
| Dr. Evil Would Love Morgan Stanley Facebook Settlement Bloomberg How's this for reminding Wall Street banks of how little they have to fear from government? Massachusetts Secretary of the Commonwealth William Galvin today fined Morgan Stanley $5 million "for the improper influence by their investment bankers over ... See all stories on this topic » | ||
| Investors Are Most Bullish Ever on China Economic Growth Bloomberg More investors than ever say they are bullish about China's economic outlook, and more favor European rather than U.S. stocks for the first time in two years, a Bank of America Corp. monthly survey showed. A net 67 percent of money managers, who together ... See all stories on this topic » | ||
| Bulgari's Burke to Replace Constans as Vuitton CEO, WWD Reports Bloomberg Michael Burke will replace Jordi Constans as chief executive officer of Louis Vuitton, a fashion and accessories maker owned by LVMH Moet Hennessy Louis Vuitton SA (MC), according to Women's Wear Daily. Constans, who became Vuitton CEO last month, ... See all stories on this topic » | ||
| UPDATE 2-UK inflation unexpectedly stays put, highest since May Reuters Tue Dec 18, 2012 7:22am EST. * CPI stays at 2.7 pct as food and utility bills rise. * Sticky inflation to hold back more BoE stimulus - analysts. * Factory-gate inflation eases to lowest since July. By Olesya Dmitracova and David Milliken. LONDON, Dec 18 ... See all stories on this topic » | ||
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| Grain futures mostly fall, livestock prices rise Businessweek CHICAGO (AP) — Grain prices mostly fell Tuesday in early trading on the Chicago Board of Trade. Wheat for March delivery fell 5 cents to $8.03 a bushel; March corn fell 5.75 cents to $7.1825 a bushel; March oats were flat at $3.8925 a bushel; while January ... See all stories on this topic » |
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