Latest Breaking Business News
RSS-
Rubio Time for Immigration Reform
NBC's Erika Gonzalez reports on the aftermath of the Oklahoma tragedy. Meanwhile Sen. Marco Rubio, (R-FL), shares his views on the IRS scandal in Washington. As the "Gang of Eight" immigration bill cleared its first major hurdle to advance to the Senate floor, Senator Marco Rubio urged a bipartisan approach to pass the legislation. "One thing is to have a bill and another ...
-
Video Microsofts Xbox One entertainment console unveiled
Microsoft's new Xbox One entertainment console seeks to deliver the Holy Grail of home entertainment. It lets you watch television, play movies, listen to music and browse the Internet as well as play video games. (May ...
-
Activist Raider Stalks London-Listed Oil Firm
A Ukrainian tycoon will on Thursday move to oust two top bosses of JKX Oil & Gas, a London-listed natural resources group. Sky News understands that Eclairs Group, a vehicle of Igor Kolomoisky, will publish an open letter seeking broader shareholder support to remove Paul Davies and Peter Dixon, JKX's chief executive and commercial director. Citing the company's "ongoing ...
More Breaking Business News
RSS-
Video Microsoft reveals new Xbox
'Soldier beheaded' in street as two shot in suspected terrorist attack near Woolwich barracks - 'attacker' shown in video saying 'We will never stop fighting ...
-
Wall Street extends losses after Fed minutes
In a sign of divisions on the policy-setting Federal Open Market Committee, minutes of the latest meeting released Wednesday highlighted an active debate over how soon the Fed should start to scale back its bond-buying ...
-
Fed officials want more progress before bond tapering minutes
A view shows the Federal Reserve building on the day it is scheduled to release minutes of the Federal Open Market Committee from August 1, 2012, in Washington August 22, ...
-
Corero appoints high tech executive to lead worldwide sales
HUDSON, MA, May 21, 2013 – Corero Network Security, the First Line of Defense for enterprises globally against Distributed Denial of Service (DDoS) attacks and ...
-
Delta will wait for new planes to prove themselves CEO
Delta Chief Executive Richard Anderson speaks during a news conference to announce the sale of Virgin Atlantic airline to Delta Air Lines, in New York December 11, ...
-
Home sales close in on three-and-a-half year high
WASHINGTON (Reuters) - Home resales rose in April to the highest level in nearly 3-1/2 years and prices surged, offering the economy a buffer from the stiff headwinds posed by belt-tightening by ...
-
Irish seek to hold the line in tax battle
CORK/DUBLIN (Reuters) - Until this week, Richard Bruton enjoyed the sweet spot in Irish government. While cabinet colleagues rolled out spending cuts and tax hikes, Bruton got the photo opportunities with foreign CEOs investing in their favorite corner of ...
-
Tech Stocks NetApp Apple rise Cisco Microsoft slide
SAN FRANCISCO (MarketWatch) -- Apple Inc. and NetApp Inc. posted gains Wednesday, but the tech sector was weighed down by declining shares of Oracle Corp., Cisco Systems and Microsoft ...
-
Ahern Noteholders Nervous About Double Fee on Exit Loan
Ahern Rentals Inc.'s second-lien noteholders are nervous about the possibility of paying duplicate fees to lenders in light of a bankruptcy-exit loan being provided by Jefferies LLC.In a Tuesday filing with the U.S. Bankruptcy Court in Reno, Nev., the noteholders said that while Ahern has indicated that it doesn't plan to seek the exit financing provided by a separate loan proposal, ...
-
Mexico Records $4.99 Billion in First-Quarter Foreign Direct Investment
Foreign direct investment into Mexico rose in the first quarter of the year to $4.99 billion, largely as a result of reinvested profits by foreign companies in the country, the Economy Ministry said Wednesday.The Economy Ministry said the amount was up 14% from the preliminary figures reported in the year-earlier quarter, and was the highest for a first quarter since 2007. Foreign direct ...
-
Sberbank Deputy Head Non-Resident Share in Capital Up 10 After SPO
The share of non-residents in Russia's Sberbank (SBER.RS, SBRCY) capital rose by nearly 10% after the country's largest lender carried out a secondary public offering, the bank's first deputy head said Wednesday.Anton Karamzin told reporters that the share of foreigners rose to 44% as of April 11 from 33.8% seen before the new shares emission.In September, Russia raised $5.1 ...
-
Carrefour sells stake in Middle East venture for $683 million
DUBAI – Carrefour , Europe's largest retailer, agreed to sell its remaining 25-percent stake in a Middle East joint venture to local partner Majid Al Futtaim (MAF) for 530 million euros ($682.45 million), MAF said in a statement on Wednesday. Majid Al Futtaim Hypermarkets, the venture set up in 1995, operates 50 hypermarkets and 44 supermarkets under the Carrefour name in the Middle ...
-
Copper Ends Near Six-Week High Trims Gains on Bernanke
Copper prices pulled back, but still settled near six-week highs Wednesday, as worries about the longevity of the Federal Reserve's loose monetary efforts tempered the supportive influence of stronger U.S. home sales data and copper mine supply disruptions.The most actively traded contract, for July delivery, settled 3.70 cents, or 1.1%, higher at $3.3805 a pound on the Comex division of ...
-
Real Books From Real Trees for Real People Microsofts Fun eBook Predictions From 1999
created an ad for its upcoming 'Microsoft Reader' software . The headline blared, "This is a story about the future of reading," and underneath the story about the company's actual product, the marketers inserted a timeline based on "the best estimates of Microsoft researchers and developers" of what was going to happen to books in the future. The Microsoft ...
-
Top 10 Highest-Paid CEOs
Leslie Moonves, who was paid $60 million, is the highest-paid CEO of S&P 500 companies with chief executives who have served at least two full ...
-
Pizza Delivery to Afghanistan Troops Sets Guinness Record
(Image credit: Laurie Manzardo Photography) A pizza mission to U.S. military service members in Afghanistan has made the Guinness Book of World Records as the largest pizza ...
-
Mo. Cashier Sells Herself $1M Powerball Ticket
Courtesy: Nicki Howard If Maryjane Hart considered herself the luckiest woman in Doniphan, Mo., for having her health, three grown kids and two steady jobs before last Saturday, she’s really lucky now. The 57-year-old divorced convenience store clerk and pharmacy technician won $1 million ...
-
Dish uses national security ads to fight SoftBank deal
could threaten U.S. national security, hoping to sway MPs and win support for its rival offer.The campaign, which so far appears on the Internet and in Washington-area newspapers, is Dish's most public lobbying effort yet against Japan-based SoftBank ...
-
Gay-rights group accuses Exxon Mobil of hiring bias
Rex W. Tillerson, chairman and CEO of Exxon Mobile, attends a plenary session during the 19th World Petroleum Congress in Madrid, July 1, 2008. Pressure on the company from gay-rights groups has increased during his leadership. (SUSANA ...
-
TV installer Multiband to be acquired for $116M
Minnetonka -based cable and satellite TV installation firm, has signed an agreement to be acquired for $116 million in cash by Goodman Networks of Plano, Tex. The transaction provides that Goodman Networks will pay $3.25 per Multiband common share, redeem all outstanding preferred shares and repay Multiband's bank debts. However, the agreement gives Multiband 45 days to solicit ...
-
US STOCKS SNAPSHOT-Wall St at session lows after Fed minutes
NEW YORK | Wed May 22, 2013 2:13pm EDT NEW YORK May 22 (Reuters) - U.S. stocks fell in choppy trading Wednesday, giving up earlier gains following remarks by Federal Reserve Chairman Ben Bernanke which suggested the central bank was not ready to pull back on its economic stimulus efforts, but may act if the economy continues to improve.. The Dow Jones industrial average fell 35.18 ...
-
San Diegos Pulse Electronics does reverse stock split
Pulse Electronics, a San Diego electronic components maker, announced a 1-for-10 reverse stock split effective Wednesday, with the aim of meeting requirements to keep the company's shares listed on the New York Stock ...
-
Unilever Ireland to seek 40 redundancies
Unilever has said it is to seek around 40 redundancies from its Irish operations in Citywest, Dublin. In a statement, the company said it was seeking the cuts in an attempt to create a "more competitive organisationin response to an unrelentingly challenging retail environment". Unilever currently employs 190 people in Ireland. It operates a number of brands including; Lyons ...
Atlanta in the Spotlight
-
Stand fast Atlanta, but dont be selfish
Atlanta is the capital of Georgia, therefore it is the leader of the state, and the actions and decisions of city leaders will influence the stability, or lack thereof, of the state. It is a substantial responsibility and one that should not be taken lightly. Atlanta must weather the current recession in a manner helpful to the wider region as well as itself.
Atlanta is one of the fastest growing cities in the US. It is the beating heart of Georgia, and one of the main centers for economic activity with the head quarters of several major companies located in its CBD, including Coca Cola, Delta Airlines, and AT&T. Just behind Chicago and Minneapolis, it has one of the highest concentrations of Fortune 500 companies located within the greater Atlanta Metropolitan Area. Read more
News from around our Network
