World Nutella Day is safe, everyone: Ferrero came to their senses
Posted by: Aby Sam Thomas
New York City :: NY :: USA | updated 2013-05-23 07:04:51 -0700 | business-news
Every brand dreams of a day when people love it so much that they take it upon themselves to promote and publicize the product on their own. Well, almost every brand. Ferrero, the creators of that sinful hazelnut and chocolate...
Jobless Claims Drop More Than Expected
Source: The New York Times
New York City :: NY :: USA | updated 2013-05-23 07:37:41 -0700 | business-news
The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to resilience in the labor market despite belt-tightening by Washington. Initial claims for state unemployment benefits dropped 23,000 to a seasonally adjusted 340,000,...
Poor record for Myanmar in extractive industries
Source: United Press International
Washington :: DC :: USA | updated 2013-05-23 05:58:17 -0700 | business-news
Easing economic pressure on Myanmar ignores serious human rights abuses in the country's extractive industries sector, an advocacy group said...President Barack Obama met with Myanmar President Thein Sein this week. Obama praised Myanmar for democratic reforms enacted since 2010 but...
As Square Expands Overseas, Jack Dorsey's Startup Is Suddenly Dealing With A Lot Of Executive ...
Source: BusinessInsider
Tōkyō :: Japan | updated 2013-05-23 07:29:40 -0700 | business-news
Getty See Also Jack Dorsey 's payments startup Square is expanding beyond North America, entering the Japanese market...Jason Del Rey of All Things D reports that Dorsey's company has, in recent weeks and months, dealt with a sudden rash of...
Here Comes The FHFA House Price Index...
Source: BusinessInsider
San Francisco :: CA :: USA | updated 2013-05-23 07:37:23 -0700 | business-news
House Price Index (HPI) climed 1.3% month-over-month in March...Yesterday's existing home sales report showed that distressed sales account for a smaller percent of total sales. Homebuilder confidence is starting to pick up again, but the fall in housing starts and...
Amazon's (not so secret) war on taxes
Source: CNN
Atlanta :: GA :: USA | updated 2013-05-23 04:06:20 -0700 | business-news
At that point, Amazon had been selling a wide array of merchandise to Texans for 15 years without collecting a penny of sales tax from them. Tax-free shopping was a delight for customers, a vital competitive edge for the company...
Enbridge: Pipelines vital for Canada
Source: United Press International
Monte Carlo :: Monaco | updated 2013-05-23 05:37:40 -0700 | business-news
Crude oil pipelines in Canada are the lifeblood to a national economy that depends largely on exports for revenue, the top executive at Enbridge Inc. said. Enbridge is working to build its Northern Gateway pipeline to deliver crude oil from...
Wheels Blog: Consumer Advocacy Group Calls for a Recall of 5 Million Jeep Grand Cherokees
Source: The New York Times
New York City :: NY :: USA | updated 2013-05-23 03:49:51 -0700 | business-news
May 23 Consumer Advocacy Group Calls for a Recall of 5 Million Jeep Grand Cherokees A consumer advocacy group calls for five million Jeep Grand Cherokees to be recalled. May 22 Bob Lutz and a Chinese auto parts manufacturer move...
Watch out. The mortgage securities market is at it again.
Source: CNN
Atlanta :: GA :: USA | updated 2013-05-23 05:11:57 -0700 | business-news
Bankers made sure that their borrowers had mortgages they could afford, because if they didn't, the bank would suffer a loss. Lenders were highly motivated to keep homeowners in their castles. Then, early last decade, mortgage securitization exploded on the...
Unilever's CEO has a green thumb
Source: CNN
Atlanta :: GA :: USA | updated 2013-05-23 05:11:53 -0700 | business-news
The day he became the chief executive of Unilever in 2009, Polman said the consumer products giant would stop providing earnings guidance and quarterly profit reports. "I figured that the day they hired me, they can't fire me," he says,...
KLINE AND FOXX: Getting politics out of student loans
Source: The Washington Times
Washington :: DC :: USA | updated 2013-05-23 04:51:24 -0700 | business-news
Bipartisan compromise is tough to find in Washington right now but when there is opportunity for agreement, we owe it to the American people to take action. In the coming weeks, millions of student-loan borrowers could see their interest rates...
VIDEO: Africa 'star performer' for SAB Miller
Source: BBC
London :: United Kingdom | updated 2013-05-23 04:50:59 -0700 | business-news
Africa 'star performer' for SAB Miller 23 May 2013 Last updated at 06:30 ET Faced with challenging conditions in Europe and the US, the world's second largest brewer, SAB Miller, has been looking for growth in alternative markets. The company...
Health Insurance Reform: Steps to Take Now to Prepare
Source: Entrepreneur
Mountain View :: CA :: USA | updated 2013-05-23 04:43:56 -0700 | business-news
Here are five important ways to ready yourself for health reform: 1...Several major insurance carriers have warned that premiums will rise by more than 20 percent next year, and Aetna CEO Mark Bertolini told Wall Street analysts that premiums may...
After Bouts Of Drama, HP's Turnaround Is Taking Hold
Source: BusinessInsider
San Francisco :: CA :: USA | updated 2013-05-23 04:37:35 -0700 | business-news
PC maker Hewlett-Packard reported a 32% decline in profit , but that still beat analyst expectations. Net revenue was also down by 10%, but the company raised the lower end of its annual forecast by $0.10 to $3.50 earnings per...
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