Latest Breaking Business News
RSS-
When it comes to vacations the U.S. stinks
(MoneyWatch) The U.S. has a unique tradition when it comes to celebrating holidays: It doesn't. "The United States is the only advanced economy that does not guarantee its workers any paid vacation time and is one of only a few rich countries that does not require employers to offer at least some paid holidays," concludes ...
-
Photos Builder Makes Worlds Largest Lego Model
Thousands gather in New York City's Times Square on May 23, 2013 to watch the unveiling of the world's largest LEGO Model, a 1:1 replica of the LEGO Star Wars X-wing Starfighter that took 32 model builders, 5.3 million LEGO bricks and over 17,000 hours to complete. The original toy with retracting wings is made of 560 bricks and costs ...
-
Wall Street Lower on Fed Worries
United States stocks fell for a third day on Friday, putting indexes on track for their first negative week since mid-April, on lingering concern the Federal Reserve may scale back its support to the economy. In afternoon trading, the Standard & ...
More Breaking Business News
RSS-
News Corp. board approves company split $500-million stock buyback
News Corp. says its board of directors has approved plans to split its entertainment and publishing businesses into two separate companies.News Corp. also said Friday that the target date for the split is June 28. The company holding its TV and movie properties will be 21st Century Fox. The new News Corp., a smaller entity, will be focused on newspapers and publishing. Both will be publicly ...
-
Breast cancer trigger found by Salk researchers
Called transforming growth factor beta, or TGF-?, the protein interacts with p53, a well-known tumor suppressor gene disabled in many cancers. In cells which have just begun to transform into cancer, the TGF-? protein inhibits apoptosis, or programmed cell death, which the p53 protein helps regulate. Free of the control of p53, the precancerous cells continue down the road to becoming ...
-
Makers Quarter Next It place
Makers Quarter, south of City College, might include this 400-foot-high-residential tower, mid- and low-rise offices and retail and cultural space surrounding the planned East Village Green ...
-
San Diego Gymnastics opens in Otay Ranch Town Center
The new addition is just one of the many creative ways Otay Ranch Town Center has come up with to keep traffic coming to the mall during a difficult time for the retail ...
-
Popular bayfront shuttle returns
San Diego's downtown-bayfront shuttle, which debuted last year, is returning for the summer season, beginning on Friday, in time for the Memorial Day ...
-
What if mortgage rates shoot up
Peter McNamara and his 5-year-old daughter Keira look at a model home at a Pardee Homes' Watermark community near Carmel Valley on a recent Sunday. Record-low mortgage rates are helping drive up homebuyer ...
-
Asian Stocks End Mixed Nikkei Rises After Turbulent Trading
Asian stocks traded mixed on Friday, with extreme volatility in Japanese shares keeping investors nervous. Japan's Nikkei index swung over 1,000 points for a second day in a row before ending notably higher on optimism over earnings growth and ...
-
Pain but no gain SEC fines ISS but whistleblower still waiting for his reward
Blowing the whistle doesn’t pay.Carl Clark, who was fired from his job at Georgeson Inc. after exposing a scheme to sell confidential corporate voting data, stands to receive little or no reward for helping regulators crack the case. Yesterday, Institutional Shareholder Services, the largest shareholder advisory firm, agreed to pay $300,000 to the Securities and Exchange Commission to ...
-
Market Snapshot U.S. stocks slump weekly streak in jeopardy
NEW YORK (MarketWatch) -- U.S. stocks traded firmly in the red Friday after another volatile session for Asian markets, with upbeat durable-goods data failing to overcome negative sentiment. Concerns about a potential tapering in the Federal Reserve's bond-buying program ...
-
Currencies Yen continues advance against dollar
NEW YORK (MarketWatch) -- The Japanese yen gained against the U.S. dollar Friday, extending an advance that was spurred in part by a selloff in Japanese ...
-
Tech Stocks Salesforce.com Google hit tech stocks
SAN FRANCISCO (MarketWatch) -- A sharp drop at Salesforce.com sparked a slump across the stocks of other corporate software vendors and led the broader tech sector into the red on Friday ...
-
NatWest RBS and Ulster Bank apps hit by glitches
apps for several hours on Friday in the latest in a series of glitches to hit the group's IT systems.Problems were experienced by customers trying to use all three brands' apps across a range of platforms, who reported error messages when they tried to log in to check balances or arrange payments ahead of the bank holiday weekend. Some said they were being told that the app needed an ...
-
Oil Could Make Dollar a Hot Commodity
The world's largest consumer of energy is in the midst of a resurgence in energy production, one that could realign one of the market's most reliable barometers: The negative link between the U.S. dollar and oil. With the U.S. suddenly awash in oil and gas, it has raised the question of whether the greenback can join the ranks of the dollars of Canada and Australia as a "commodity ...
-
Keeping Watch for a Too-Strong Economy
Fed's Bullard Wants Faster Inflation Before Tapering QE ) "We're at the home stretch and that's why this vacuum between now and the nonfarm payrolls is going to be a dripless market for bonds and equities," said George Goncalves, Treasury strategist at Nomura Americas. "The assumption is things are going to get better. What if it's a weak number? Can we ...
-
McDonalds CEO McGrilled by 9-Year-Old
McDonald's needs kids more than today's kids need McDonald's. Perhaps no one knows that better than CEO Don Thompson, who was seriously put on the hot seat by a 9-year-old girl at Thursday's annual shareholder's meeting in Oak Brook, Ill. For a few moments, Hannah Robertson--whose mother, Kia, is a kid's nutritional activist and creator of an interactive ...
-
Hot Trend in Cars Not Owning One
Whether by choice or through financial reality, the percentage of American households without a car has doubled over the past two decades--and is now approaching 1 in 10. The impact of this trend could be significant, especially when it comes to alternatives to driving, such as car-sharing and mass transit, according to research ...
-
US STOCKS-Wall St drops on uncertainty about Fed stimulus
Fri May 24, 2013 11:39am EDT * Durable goods orders rise more than expected * P&G shares climb after CEO replacement * Some retailers' stocks weak after results * Dow off 0.3 pct, S&P 500 off 0.5 pct, Nasdaq off 0.5 pct By Leah Schnurr NEW YORK, May 24 (Reuters) - U.S. stocks fell for a third day on Friday, putting indexes on track for their first negative week since mid-April, on lingering ...
-
Fortune Brainstorm Podcast Caterpillar CEO Doug Oberhelman
Each Fortune conference -- from Brainstorm Green, Brainstorm Tech, to the Most Powerful Women Summit, and the Global Forum -- yields fascinating conversations with the best and brightest minds in ...
-
The Sky News Business Round-Up And Look Ahead
We no longer check to see whether Sky News displays properly in Internet Explorer version 6 or earlier. To see our content at its best we recommend upgrading if you wish to continue using Internet Explorer or using another browser such ...
-
AirAsia may order 50 more Airbus jets CEO
AIRA.KL ), may order an additional 50 Airbus A320 jets on top of its existing record order for 475 of the Airbus model, Chief Executive Tony Fernandes said on ...
-
Henrik Fisker joins Hong Kong tycoon to salvage Fisker sources
DETROIT/BEIJING (Reuters) - Henrik Fisker is working with an investor group to salvage Fisker Automotive, the "green" car company he co-founded nearly six years ago that is now struggling to stave off bankruptcy, people familiar with the matter said this ...
-
Wall Street lobbyists frequently help draft financial legislation
Kenneth E. Bentsen Jr., left, a Wall Street lobbyist, at a House financial services panel meeting. WASHINGTON -- Bank lobbyists are not leaving it to lawmakers to draft legislation that ...
Jacksonville News Digest
-
Horticultural therapy for war veterans.
There are still Vietnam veterans living in poverty or on the street in the United States today, everyday many commit suicide from despair. Since the Afghanistan and Iraq wars, suicide rates among veterans have spiked again as sufferers of a range of mental and physical injuries fall through the net. Veteran Farms are one way in which these veterans can be helped.
Adam Burke is a man with a mission, to help war veterans returning to the United States after tours abroad, particularly in Iraq and Afghanistan, that have struggled to reintegrate with society. This may be due to PTSD (Post-traumatic stress disorder), physical injuries, such as disability, or a sense of a loss of purpose after the harried action of a war zone. Read more
News from around our Network
