G4S chief Nick Buckles steps down
Source: BBC
New York :: NY :: USA | updated 2013-05-21 01:35:52 -0700 | business-news
G4S chief executive Nick Buckles to step down G4S is the largest security company in the world Nick Buckles, the chief executive of global security group G4S, is to step down from his position and retire from the company at...
Vodafone sales hit by European slump
Source: BBC
Rome :: Italy | updated 2013-05-21 02:08:21 -0700 | business-news
Vodafone hit by turmoil in Europe as sales fall Tough economic conditions in Italy and Spain have hit Vodafone Mobile giant Vodafone's full-year sales have slipped for the first time in eight years after tough economic conditions in Europe hit...
Marks and Spencer sees profits fall
Source: BBC
London :: United Kingdom | updated 2013-05-21 00:07:21 -0700 | business-news
Marks and Spencer profits fall as clothing disappoints M&S's clothing division has been struggling in recent years. Marks and Spencer has reported a big fall in profits, despite rising sales across the group. Pre-tax profits fell to £564.3m, down from...
Title fight for J.P. Morgan CEO
Source: Boston Herald
Wilmington :: DE :: USA | updated 2013-05-20 22:38:10 -0700 | business-news
Morgan Chase could face an erosion in investor confidence if a crucial shareholder vote allows Chairman and CEO Jamie Dimon to keep both job titles, according to experts...Jamie Dimon's stellar reputation has been tarnished with the entire London whale' debacle,...
Futures Movers: Oil futures seesaw; U.S. inventories may decline
Source: MarketWatch
Los Angeles :: CA :: USA | updated 2013-05-20 22:28:53 -0700 | business-news
U.S. crude-oil futures wobbled between small losses and gains Tuesday, with the moves coming before data expected to show a drawdown in weekly oil inventories. Crude oil for June delivery was up 16 cents, or 0.2%, to $96.87 a barrel...
Currencies: Yen struggles against dollar
Source: MarketWatch
Los Angeles :: CA :: USA | updated 2013-05-20 22:28:52 -0700 | business-news
The Japanese yen lost ground Tuesday following fresh remarks by Japan's economic minister about the currency's recent price levels. The U.S. dollar rose to 102.50 yen, up from ¥102.20 earlier in Tokyo trading hours following reports that Economy Minister Akira...
U.S. asks judge to deny S&P's motion to dismiss fraud lawsuit
Source: Reuters
New York City :: NY :: USA | updated 2013-05-20 22:14:30 -0700 | business-news
Analysis & Opinion A view shows the Standard & Poor's building in New York's financial district February 5, 2013. The Justice Department on Monday asked a federal judge to deny Standard & Poor's motion to dismiss a government lawsuit against...
Yahoo acquires Tumblr for $1.1 billion
Posted by: arkar
San Francisco :: CA :: USA | updated 2013-05-21 00:28:45 -0700 | business-news
It seems that big tech firms like the sound of $1 billion, especially when they deal it out to acquire popular startups. Case in point: Last year’s acquisition of online photo sharing service Instagram, which social networking giant Facebook bought...
Oman to Use Sunshine to Get Oil Out of Wells
Source: The New York Times
Coalinga :: CA :: USA | updated 2013-05-20 21:37:05 -0700 | business-news
For years, oil producers have relied on steam, created with natural gas, to heat rock below the surface and make the oil flow better. But with no natural gas easily available, Oman's national oil company , a joint venture between...
As rich gain optimism, lawmakers lose economic urgency
Source: Washington Post
Washington :: DC :: USA | updated 2013-05-20 21:17:12 -0700 | business-news
Baltimore, Friday, May 17, during his second Middle Class Jobs and Opportunity Tour. Jim Tankersley May 21, 2013 04:00 AM EDT The Washington Post Washington has all but abandoned efforts to help the economy recover faster and lawmakers don't seem...
Chicago's GrubHub to merge with Seamless
Source: Chicago Tribune
Salt Lake City :: UT :: USA | updated 2013-05-20 21:16:35 -0700 | business-news
One company was founded in Chicago by hungry software engineers, the other in New York by hungry lawyers. Both were looking to replace restaurants' paper takeout menus with Web-based technology...GrubHub, one of Chicago's most high-profile startups, is merging with New...
Japan April exports seen up but trade deficit to persist
Source: Reuters
Yokohama :: Japan | updated 2013-05-21 01:49:46 -0700 | business-news
Topics Newly produced cars ready for shipment are parked at a port in Yokohama, south of Tokyo May 21, 2013. Japan's exports are expected to have risen in April from a year earlier for a second straight month led by...
'Crazy Ants' That Eat Electrical Equipment Are Taking Over The Southeast
Source: BusinessInsider
San Francisco :: CA :: USA | updated 2013-05-20 20:35:07 -0700 | business-news
A new study, published in the April 2013 issue of the journal Biological Invasions , found that these crazy ants, which are formally known as tawny crazy ants and scientifically called Nylanderia fulva , are driving out the previous ant...
The Rise And Fall Of JP Morgan's Jamie Dimon, America's Most Powerful Banker
Source: BusinessInsider
New York City :: NY :: USA | updated 2013-05-20 20:35:10 -0700 | business-news
Photo by Mario Tama/Getty Images) JP Morgan is sometimes called 'The House of Dimon' for the all encompassing presence of its CEO, Jamie Dimon . For years he has been unquestionably the most powerful banker in the United States, and...
Asia Markets: Hong Kong, Sydney stocks fall; Tokyo seesaws
Source: MarketWatch
Hong Kong :: China | updated 2013-05-20 20:34:16 -0700 | business-news
Australian stocks declined, and Hong Kong equities pulled back from a three-day winning run on Tuesday, weighed by overnight losses on Wall Street and uncertainty over U.S. monetary policy. The S&P/ASX 200 dropped 0.7% in Sydney, and the Hang Seng...
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