Best Buy Sales Fall Short of Expectations
Source: The New York Times
New York City :: NY :: USA | updated 2013-05-21 06:37:55 -0700 | business-news
Best Buy Co Inc reported weak quarterly sales on Tuesday and warned that a slew of investments to entice shoppers could squeeze profits in the near term. The news overshadowed its better-than-expected first-quarter profit and sent shares of the world's...
Sergio Garcia Rips Tiger Woods, Says He Has Been Lying To The Media For 15 Years
Source: BusinessInsider
London :: CA :: USA | updated 2013-05-21 06:08:54 -0700 | business-news
Richard Heathcote/Getty Images The feud between Sergio Garcia and Tiger Woods continues to escalate. Yesterday Tiger said simply, "No," when asked if he would ever make up with his Spanish nemesis. Sergio responded yesterday afternoon by calling Tiger dishonest at...
Sharp jump in Royal Mail profits
Source: BBC
London :: United Kingdom | updated 2013-05-21 06:50:04 -0700 | business-news
Royal Mail profits jump as parcel sales rise Royal Mail's parcel delivery business provided almost half of group sales Royal Mail's annual profits have more than doubled, helped by strong growth in parcel deliveries as more people shop online. Operating...
Nabucco gets European member support
Source: United Press International
Bucharest :: Romania | updated 2013-05-21 07:00:57 -0700 | business-news
Governments in central and southern Europe issued a joint declaration from Romania expressing support for the planned Nabucco natural gas pipeline. The Nabucco pipeline consortium said some of its host countries expressed their support in a declaration from Romania for...
Tumblr's First Employee: I'm Not 'Yacht-And-Helicopters' Rich, But I Have 'The Freedom To Work On ...
Source: BusinessInsider
San Francisco :: CA :: USA | updated 2013-05-21 05:46:42 -0700 | business-news
He and Karp had been working together as Website-building contractors for other companies, and between projects, Karp suggested they work on a project for themselves. Today, everyone is passing the post around saying its the best thing they've read about...
U.S. groundwater running dry
Source: United Press International
Washington :: DC :: USA | updated 2013-05-21 04:21:52 -0700 | business-news
Geological Survey reviewed groundwater data from 1900 to 2008 and said the annual rate of depletion was accelerating...The World Meteorological Organization said there was a global level of sustained drought last year. Groundwater sources are replenished in part by rainfall...
Yahoo buying Tumblr for $1.1 billion, vows not to screw it up
Source: DAWN
New York City :: NY :: USA | updated 2013-05-21 06:38:03 -0700 | business-news
Tue May 21, 2013 Yahoo Inc. will buy blogging service Tumblr for $1.1 billion cash, giving the Internet pioneer a much-needed social media platform to reach a younger generation of users and breathe new life into its ailing brand....
What kind of home can $380,588 buy?
Source: Canadian Broadcasting Corporation
Toronto :: Canada | updated 2013-05-21 03:38:04 -0700 | business-news
May 17, 2013 The national average price for a home rose to $380,588 in April 2013, an increase of 1.3 per cent from the previous year...MLS for communities across the country to see what is on offer. Select two cities...
Kyle Bass Commissioned A Poll That Confirmed To Him That Japan Is Going To Implode
Source: BusinessInsider
Tōkyō :: Japan | updated 2013-05-21 03:32:38 -0700 | business-news
It's well known that Kyle Bass is ultra-bearish on Japan, as he's been calling for the country to undergo a catastrophic sovereign debt crisis for years, ever since the US financial crisis ended, really. In a new interview with the...
25 People You Should Meet Who Can Help Get You A Job In Banking
Source: BusinessInsider
New York City :: NY :: USA | updated 2013-05-21 03:32:42 -0700 | business-news
A failure to properly engage and to direct applications to named individuals is one reason why your attempts to land a job in banking may fail. With this in mind, we've provided a non-comprehensive, non-alphabetical, sort of off-the-cuff list of...
It's Been An Insane Week Already For Gold And Silver
Source: BusinessInsider
San Francisco :: CA :: USA | updated 2013-05-21 03:32:35 -0700 | business-news
Let's just pause for a moment and reflect what a crazy week it's already been for gold and silver, and note that it's still early Tuesday. Both metals dropped hard the instant markets opened in Asia on Sunday evening (silver...
Markets Are Going Absolutely Nowhere
Source: BusinessInsider
Tōkyō :: Japan | updated 2013-05-21 03:32:36 -0700 | business-news
One of the big themes these days is the lack of action and... today continues that trend...Japan basically didn't move (gaining 0.13%), US futures are flat, and European markets are very close to the zero...But for now, traders and analysts...
CITI: Just Keep Selling The Yen
Source: BusinessInsider
Tōkyō :: Japan | updated 2013-05-21 03:32:30 -0700 | business-news
JPY strengthened across the board following comments by Japan's economics minister Akira Amari yesterday that further yen depreciation could hurt Japanese consumers. The remarks highlighted the key risk to the latest yen selloff the concern that excessive currency weakness could...
13 Jokes That Every Math Geek Will Find Hilarious
Source: BusinessInsider
San Francisco :: CA :: USA | updated 2013-05-21 03:32:29 -0700 | business-news
Back when the internet was young, the primary users were its builders, math and tech-oriented academics spread around the country. As a result, math jokes have an elemental role in the history of the internet. From the earliest Usenet threads...
Hamptons Art Dealers Are Rubbing Their Hands Together In Glee As The Money Comes Back
Source: BusinessInsider
East Hampton :: CT :: USA | updated 2013-05-21 03:32:25 -0700 | business-news
Judging by early demand for everything from doggie daycare to Ferrari rentals and fine art, rich Americans are going to make this a strong summer in one of their favorite playgrounds - the beach towns on the eastern end of...
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