Greece to sell Postbank, Proton in July, stress-test big banks
Source: Reuters
Athens :: NY :: USA | updated 2013-05-19 06:01:19 -0700 | business-news
Topics A man walks outside of the Hellenic Postbank's headquarters in Athens January 4, 2013. Greece's bank rescue fund will aim to sell Hellenic Postbank and Proton by mid-July with big banks continuing to absorb small lenders as part of...
Job market gains could lead Fed to taper QE3 early
Source: Reuters
New York City :: NY :: USA | updated 2013-05-19 06:01:20 -0700 | business-news
Analysis & Opinion Chairman of the Federal Reserve Bank Ben Bernanke attends the Treasury Department's Financial Stability Oversight Council in Washington April 25, 2013. The beginning of the end of the Federal Reserve's massive bond-buying program might come sooner than...
BoE governor King warns of euro risk to British recovery
Source: Reuters
London :: United Kingdom | updated 2013-05-19 06:13:54 -0700 | business-news
News Analysis & Opinion Governor of the Bank of England Mervyn King speaks to employees during the opening of the Prudential Regulation Authority, in central London April 2, 2013. The single biggest risk to Britain's nascent economic recovery is continued...
10 Wild Statistics About How Nobody Can Lose In This Market
Source: BusinessInsider
San Francisco :: CA :: USA | updated 2013-05-19 04:09:38 -0700 | business-news
Here are some wild stats about the current rally in the S&P 500 in 2013 which brings the gains to 17%+: Of the twenty weeks this year, just four have been negative weeks. Of the four negative weeks just...
The Most Incorrect Prediction Of The Past 5 Years
Source: BusinessInsider
San Francisco :: CA :: USA | updated 2013-05-19 04:09:35 -0700 | business-news
Since the economic crisis of 2009, the most incorrect call that people have made has been to call for inflation or hyperinflation due to aggressive monetary easing and/or large government deficits. In a recent blog post, the pseudonymous hedge fund...
Could online-sales tax moves crimp private retailers' already-thin margins?
Source: Forbes
New York City :: NY :: USA | updated 2013-05-19 04:49:02 -0700 | business-news
Privately held retailers are operating with relatively thin profit margins nearly four years after the end of the recession, according to recent data from Sageworks, a financial information company. And some analysts say costs could go up and pinch margins...
Aston Martin Shows New Design Direction With One-Off CC100 Speedster Concept
Source: Forbes
Le Mans :: France | updated 2013-05-19 04:49:01 -0700 | business-news
The British automaker has built a special one-off car called the CC100 Speedster Concept, whose styling pays homage to the legendary Aston Martin DBR1 race car from the 1950s, while also giving an idea of what future production cars will...
Global Manager: Leading, With the Help of Humor
Source: International Herald Tribune
London :: United Kingdom | updated 2013-05-19 04:15:12 -0700 | business-news
May 19, 2013 Chris Lewis is founder and chief executive of Lewis PR, a global communications agency with offices in 25 cities around the world...What do you remember about the first time you managed a team?...I was 18 and working...
Political Economy: The City of London as Savior of E.U. Finance
Source: International Herald Tribune
London :: United Kingdom | updated 2013-05-19 04:15:11 -0700 | business-news
May 19, 2013 It is perhaps too much to expect the Conservative-led government in Britain to lead any initiatives on Europe, given the orgy of self-destruction in the party over whether Britain should stay in the European Union . But...
Auto Outlook: Is the driving boom over; domestic cars quality up
Source: United Press International
Ann Arbor :: MI :: USA | updated 2013-05-19 04:12:06 -0700 | business-news
Is the driving boom over; domestic cars quality up U.S. automakers win "Total Quality" awards A 2013 Dodge Dart is seen at the 2012 Los Angeles Auto Show held at the Convention Center in Los Angeles, California on November 29,...
MORGAN STANLEY: And Now It's Time To Worry About Deflation Again
Source: BusinessInsider
San Francisco :: CA :: USA | updated 2013-05-19 06:05:48 -0700 | business-news
We were just talking about how the wrongest prediction of the past 5 years was the call for "inflation" or "hyperinflation" due to aggressive monetary easing. In his latest US Macro Dashboard note, Morgan Stanley economist Vincent Reinhart points out...
These Are Yahoo! CEO Marissa Mayer's Favorite Designer Labels (YHOO)
Source: BusinessInsider
San Francisco :: CA :: USA | updated 2013-05-19 06:05:39 -0700 | business-news
Marissa Mayer is known for her poise as a leader, formerly at Google and now as CEO of Yahoo !...She's has made appearances at New York Fashion Week, for instance, and at Glamor magazine's Woman of the Year event. We...
Top Silicon Valley Advisor Explains The Key Rules Behind Every Great Startup Idea
Source: BusinessInsider
San Francisco :: CA :: USA | updated 2013-05-19 06:05:38 -0700 | business-news
There's a common misconception floating around Silicon Valley that ideas mean nothing, and execution means everything. But the reality is much less binary and much more nuanced, The Founder Institute maintains. Founded in 2009 by serial entrepreneur Adeo Ressi, The...
This Is The Chart That Says Japan's Great Economics Experiment Might Be Working
Source: BusinessInsider
Tōkyō :: Japan | updated 2013-05-19 06:05:43 -0700 | business-news
A big economic story this year has been "Abenomics", Japan's effort to get out of its multi-decade deflationary slump using a combo of monetary policy, fiscal stimulus, and structural reforms. We already know it's produced extraordinary movements in the yen...
The Koch Brothers Have Buried An Area The Size Of A City Block Under Thirty Feet Of Oil Sands Waste
Source: BusinessInsider
Mexico City :: Mexico | updated 2013-05-19 06:05:32 -0700 | business-news
Canada's oil sand mines will eventually produce up to two trillion barrels of oil and what that could mean for the environment has been debated for years . What's often overlooked though is a coke byproduct that results from refining...
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