Why is the US Postal Service still an independent agency?
Posted by:
Nathan Salant
Washington :: DC :: USA | updated 2013-05-23 21:46:16 -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...
Wall St. bucks global slump
Source: Los Angeles Times
Los Angeles :: CA :: USA | updated 2013-05-23 21:49:26 -0700 | business-news
After bracing for a steep fall, Wall Street barely shrugged at a sharp sell-off in stock markets around the globe...Weak manufacturing data out of China pointed to a slowdown in the world's second-largest economy, sending the region's stock indexes into...
DealBook: Bank's Lobbyists Help in Drafting Financial Bills
Source: The New York Times
New York City :: NY :: USA | updated 2013-05-23 19:40:28 -0700 | business-news
In a sign of Wall Street's resurgent influence in Washington, bank lobbyists are not leaving it to lawmakers to draft legislation that softens financial regulations ...One bill that sailed through the House Financial Services Committee this month over the objections...
DealBook: Some in Congress Grow More Wary of Selling Sprint to SoftBank of Japan
Source: The New York Times
Dubai :: United Arab Emirates | updated 2013-05-23 19:40:18 -0700 | business-news
Yoshikazu Tsuno/Agence France-Presse Getty Images SoftBank's president, Masayoshi Son, left, with Sprint Nextel's chief, Dan Hesse, announced a merger deal in October...Updated Congressional concern over the proposed takeover of Sprint Nextel by SoftBank of Japan on national security grounds...
Twitter Lets Brands Find Viewers of Their TV Ads
Source: The New York Times
New York City :: NY :: USA | updated 2013-05-23 19:40:16 -0700 | business-news
Twitter Lets Brands Reach Viewers of Their TV Ads Published: May 23, 2013 For those inclined toward social media, using Twitter while watching television has become a ritual, with viewers commenting on everything from sports events to nighttime dramas.
P&G CEO Bob McDonald Steps Down After Pressure From Bill Ackman, Activist Investor (PG)
Source: BusinessInsider
San Francisco :: CA :: USA | updated 2013-05-23 19:33:58 -0700 | business-news
Bob McDonald, the 59-year-old CEO of Procter & Gamble and a 33-year veteran of the company, has stepped down suddenly...Lafley (presumably on a temporary basis Lafley's 65 and has already been CEO once before). P&G is the world's largest advertiser,...
Procter & Gamble brings back A.G. Lafley as CEO
Source: Associated Press
New York City :: NY :: USA | updated 2013-05-23 18:11:16 -0700 | business-news
There's a new head of household products giant Procter & Gamble...Lafley, a 33-year industry veteran, to its top post in a surprise move as the world's largest consumer products maker tries to improve its results globally. Lafley, 65, replaces CEO...
Tesla repays $465 million loan. Will Energy Department lend to more firms? (+video)
Source: Christian Science Monitor
Boston :: MA :: USA | updated 2013-05-23 19:54:13 -0700 | business-news
Will Energy Department lend to more firms? (+video) Tesla $465 million loan is no more. As the Department of Energy gets back its Tesla $465 million loan, the new Energy secretary will have to decide whether to make more such...
Abruptly, P.&G. Chief Ends Career of 33 Years
Source: The New York Times
New York City :: NY :: USA | updated 2013-05-23 19:40:18 -0700 | business-news
Lafley is Procter & Gamble's new chief, a post he once held for about 10 years...McDonald, 59, the company's chief executive and president since 2009, notified the board a few days ago of his decision to retire, said a P.&...
This 6-Person Startup 'Won' SXSW — And It's Nearly Profitable After Just One Year
Source: BusinessInsider
San Francisco :: CA :: USA | updated 2013-05-23 19:33:58 -0700 | business-news
When you think of event planning and ticketing services, companies like Ticketmaster, Eventbrite , Ticketfly, and Ticketleap probably come to mind. But event planners often times need more than just ticketing services. Enter Splash , a one-stop shop for planning...
Obama Nominates 2 Senate Aides for S.E.C. Posts
Source: International Herald Tribune
New York City :: NY :: USA | updated 2013-05-23 21:42:07 -0700 | business-news
Changes Continue as Obama Names 2 Senate Aides for Posts Published: May 23, 2013 President Obama continued his shake-up of the Securities and Exchange Commission on Thursday, naming two Senate aides to senior posts at the Wall Street regulatory agency....
Swiss Banking Secrecy Under Pressure From Europe
Source: International Herald Tribune
Geneva :: WA :: USA | updated 2013-05-23 19:29:07 -0700 | business-news
Now that Luxembourg and Austria have given ground on bank secrecy rules, the spotlight has turned to Switzerland, a country famous for the anonymity it provides in equal measure to the rich, the famous and those who want to hide...
Asia Markets: Japan stocks recover modestly after steep sell-off
Source: MarketWatch
Hong Kong :: China | updated 2013-05-23 19:27:13 -0700 | business-news
Japanese stocks jumped Friday to stage a modest recovery, with relief buying emerging after the extreme losses they suffered the previous day, amid expectations that the rally that began late last year may have further to go. The Nikkei Stock...
CEO-elect of fraud-hit...
Source: Arab News
Abu Dhabi :: United Arab Emirates | updated 2013-05-23 18:52:28 -0700 | business-news
Ian Larkin was due to replace the Abu Dhabi-listed lender's current CEO Graham Honeybill in July but barely six weeks since arriving at the bank to prepare to take the helm the former managing director of Lloyds TSB Commercial Finance...
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