Why is the US Postal Service still an independent agency?
Posted by:
Nathan Salant
Washington :: DC :: USA | updated 2013-05-24 02:59:20 -0700 | business-news
News that the US Postal Service lost nearly $2 billion in its most recent quarter actually is an improvement over the same period last year. The post office has struggled all year to cut expenses by laying off workers and...
Why Sales Of New Homes Should Keep Rising For A Long Time
Source: BusinessInsider
San Francisco :: CA :: USA | updated 2013-05-24 03:37:35 -0700 | business-news
Obviously the new home sales report this morning was solid with sales above expectations and significant upward revisions to prior months. I try not to react too much to the month to month ups and downs; the key points right...
Oil field test from Iraq yields results
Source: United Press International
Dno :: Russia | updated 2013-05-24 03:06:10 -0700 | business-news
Norwegian oil and gas company DNO International said tests from a field in the Kurdish region of Iraq yielded an average flow rate of more than 100,000 bpd. DNO has a majority stake in the Tawke field in the Kurdish...
Howard Gold's No-Nonsense Investing: Why dividend-paying stocks still make sense
Source: MarketWatch
New York City :: NY :: USA | updated 2013-05-24 05:30:43 -0700 | business-news
Equity markets have been regularly hitting all-time highs, and stocks are looking more and more overbought. I've been expecting a correction for a few weeks, but so far, no dice, unless we're seeing the beginning of one now. But regardless...
Oil and pipelines driving Canada's economy
Source: United Press International
Quebec :: Canada | updated 2013-05-24 06:37:23 -0700 | business-news
Natural resources form "one of the cornerstones" of the Canadian federal and provincial economies, Natural Resources Minister Joe Oliver said...The Canadian Department of Natural Resources said oil production from North America is expected to increase more than 10 percent to...
There's Been A Big Drop In People Who Call Themselves Economic Conservatives
Source: BusinessInsider
San Francisco :: CA :: USA | updated 2013-05-24 03:37:20 -0700 | business-news
There's an interesting survey from Gallup , which finds that fewer and fewer Americans refer to themselves as economic conservatives. Forty-one percent of Americans now characterize their economic views as "conservative," or "very conservative," the lowest since President Barack Obama...
The 'chicken poop' credit and other bad tax breaks
Source: CNN
New York City :: NY :: USA | updated 2013-05-24 03:27:23 -0700 | business-news
The fuss over Apple's complex strategies to avoid taxes put the corporate tax code on display in all its convoluted glory this week...Some encourage companies to do dumb things just to save money on their tax bill. Some allow a...
Europe Markets: Europe stocks rebound after German Ifo data
Source: MarketWatch
Berlin :: Germany | updated 2013-05-24 02:43:30 -0700 | business-news
Fed sends market mixed messages Stocks in the U.S. shook off a steep global selloff that began on comments from Fed Chairman Bernanke and minutes from the Fed's suggesting it may pull back on bond buys this year. Jon Hilsenrath...
London Markets: U.K. stocks wobble as miners, banks decline
Source: MarketWatch
London :: United Kingdom | updated 2013-05-24 02:43:26 -0700 | business-news
Friday, with mining firms adding pressure as metals prices turned south and with banks building to the prior day's losses...Morgan Cazenove cut the telecoms firm to neutral from overweight, citing regulation, pension and BT Sport as potential issues over the...
Low rates 'fail to deter savers'
Source: BBC
London :: United Kingdom | updated 2013-05-24 02:41:47 -0700 | business-news
A lack of confidence among consumers has pushed up savings levels in the last year, despite the low rates of interest available, banks say. Personal deposits with the UK's major banks rose by 5.5% in the year to the end...
Chief of Austrian Bank Offers to Resign
Source: International Herald Tribune
Vienna :: Austria | updated 2013-05-24 06:54:36 -0700 | business-news
Raiffeisen Bank International, one of Austria's largest lenders, said Friday that Herbert Stepic had offered his resignation as chief executive after his personal investments in Asian real estate came under increasing scrutiny. Leonhard Foeger/Reuters Herbert Stepic, chief executive of Raiffeisen...
VIDEO: Hugh's review: Stock markets volatile
Source: BBC
London :: United Kingdom | updated 2013-05-24 05:49:49 -0700 | business-news
Stocks volatile amid QE fears 24 May 2013 Last updated at 08:20 ET It has been a turbulent week on the world's stock markets, with investor confidence shaken amid fears that central banks may ease their stimulus plans...The BBC's Chief...
VIDEO: Hermes 'will remain family-run'
Source: BBC
London :: United Kingdom | updated 2013-05-24 05:49:50 -0700 | business-news
Fashion house Hermes says it 'will remain family-run' 24 May 2013 Last updated at 07:34 ET Luxury French firm Hermes is one of the few remaining family-run companies that still makes many of its products the way it did 100...
One checking account – or two?
Source: The Christian Science Monitor
Boston :: MA :: USA | updated 2013-05-24 05:43:41 -0700 | business-news
Sharing a checking account is a vital step in becoming more responsible for the financial well-being of your partner, Hamm writes...Mostly, we kept it this way out of convenience, as we both were in the routine of paying monthly bills....
Rosneft, PDVSA to work together in Venezuela
Source: United Press International
Caracas :: Venezuela | updated 2013-05-24 05:40:45 -0700 | business-news
State energy company Petroleos de Venezuela and Russian energy company Rosneft signed an agreement for a joint venture for Venezuelan operations...Ramirez added that additional work was planned in the Gulf of Venezuela...It said it would extend a $1.5 billion loan...
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