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Europe Weighs Tough Law on Online Privacy New York Times SAN FRANCISCO — Europe is considering a sweeping new law that would force Internet companies like Amazon.com and Facebook to obtain explicit consent from consumers about the use of their personal data, delete that data forever at the consumer's request ... See all stories on this topic » |
Nikkei hits near three-month high, Elpida jumps Reuters By Mari Saito | TOKYO (Reuters) - Japan's Nikkei average hit its highest level in nearly three months on Tuesday on hopes that a Greek debt deal will still be reached even after European finance ministers rejected an offer by Greece's private creditors ... See all stories on this topic » |
Is the ETF bubble about to burst? CNNMoney By Hibah Yousuf @CNNMoneyMarkets January 23, 2012: 7:09 PM ET Recently-launched ETFs are struggling to attract investors. Of the 308 ETFs launched last year, 86% of them failed to draw in at least $30 million in assets under management, ... See all stories on this topic » |
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Gingrich Firm Releases 2006 Freddie Mac Contract as Rivals Raise Pressure Bloomberg Newt Gingrich's consulting firm tonight released a copy of its 2006 contract with Freddie Mac (FMCC), which covers just one year of his multiple years of service and documents only $300000 of the $1.6 million he received from the mortgage company. See all stories on this topic » |
Diamondback settles insider trading case Financial Times Diamondback became the first hedge fund to reach a settlement with federal prosecutors in connection with their probe of insider trading on Wall Street as it agreed to pay $9m to resolve allegations it illegally profited from trading in shares of Dell ... See all stories on this topic » |
CORRECT: STMicroelectronics Swings To Slight 4Q Loss Wall Street Journal ("STMicroelectronics Swings To Slight 4Q Loss," at 2244 GMT, misstated the type of shares that rose after hours in the second paragraph. The correct version follows:) STMicroelectronics NV (STM, STM.MI) swung back to a fourth-quarter loss as sales ... See all stories on this topic » |
Texas Instrument to Close Plants in Houston, Japan ABC News Texas Instruments will close two of its older computer-chip factories, one in Houston and one in Hiji, Japan, and lay off about 1000 workers to cut costs. The company announced the cutbacks Monday in its fourth-quarter earnings report. See all stories on this topic » |
FOMC Communication Gets Curiouser and Curiouser Forbes In my last post on the subject, I referred to the FOMC's orgy of transparency. It looks like it's going to be worse than I originally thought. Not only are they going to publish the Fed Funds forecasts of individual members; they apparently plan to do ... See all stories on this topic » |
Chesapeake to Cut Number of Gas Rigs New York Times HOUSTON — Chesapeake Energy, the nation's second biggest natural gas producer, announced Monday that it would cut production of gas in response to plummeting prices. The announcement was not unexpected, and it followed a trend that has been under way ... See all stories on this topic » |
Western Digital Tops 2Q Views on Thailand Recovery ABC News Hard disk drive maker Western Digital Corp. said Monday that its second-quarter net income fell 36 percent as it took a $199 million charge related to flooding in Thailand. Its adjusted results, backing out the impact of the flooding and an acquisition ... See all stories on this topic » |
Social Security to resume statements for people 60 and older; gov't had halted ... Washington Post TAMPA, Fla. — Social Security benefits statements — which officials stopped mailing to cut costs — will again be sent out to selected age groups. Annual statements will begin being sent again next month to people 60 and older who are not yet receiving ... See all stories on this topic » |
Macy's sues Martha Stewart Living The Associated Press NEW YORK (AP) — Macy's Inc. has sued Martha Stewart Living Omnimedia Inc. in a bid to block a licensing deal between the housewares company and JC Penney Co. In the lawsuit filed Monday in New York State Supreme Court, Macy's claims Martha Stewart ... See all stories on this topic » |
States said to be weighing $25-billion settlement with big banks Los Angeles Times The settlement is said to overhaul foreclosure and mortgage servicing practices. No deal has been officially reached among the states, federal agencies and the five largest mortgage servicers. By Alejandro Lazo and Jim Puzzanghera, Los Angeles Times ... See all stories on this topic » |
Murphy Oil to take write-down on weak Congo output MarketWatch By Joan E. Solsman Murphy Oil Corp. /quotes/zigman/234838/quotes/nls/mur MUR +0.76% said it would book a $370 million write-down in the fourth quarter of last year because output rates and ultimate oil recovery at a field off the shore of the Republic ... See all stories on this topic » |
VMware Profit Tops Estimates as Clients Add Server Software BusinessWeek By Dina Bass Jan. 23 (Bloomberg) -- VMware Inc., the biggest maker of software that lets computers run multiple operating systems, reported sales and profit that topped estimates as corporations bought more programs to make servers more efficient. See all stories on this topic » |
Polycom, Western Digital: After-Hours Trading TheStreet.com By Michael Baron 01/23/12 - 06:55 PM EST NEW YORK (TheStreet) -- Shares of Polycom(PLCM) starred in Monday's extended session after the maker of communications devices trounced Wall Street expectations for its latest quarterly results. See all stories on this topic » |
CSX Posts Higher Profit, Sales Wall Street Journal By BOB SECHLER CSX Corp. reported a 6.3% rise in fourth-quarter earnings on higher revenue, but volume slid amid soft demand for coal transported by the railroad as well as a muted holiday-shipping season overall. The Jacksonville, Fla. See all stories on this topic » |
Starbucks expanding beer, wine sales this year Reuters By Lisa Baertlein (Reuters) - Starbucks Corp (SBUX.O), which sells the coffee that helps many Americans get wound up for their day, is offering more of their customers a way to wind down. The world's biggest coffee chain plans to sell beer and wine in ... See all stories on this topic » |
Treasury Yields Hit Low of Year? Some Investors Think So CNBC.com As the latest scene in Europe's sovereign debt drama continues to unfold, the fear trade that drove investors into the safety of US Treasurys is unwinding, leaving investors to question whether interest rates may have seen what could be among the ... See all stories on this topic » |
Kodak replaces chief restructuring officer Reuters India By By Liana Baker and Tom Hals REUTERS - Eastman Kodak Co replaced its chief restructuring officer on Monday in a surprise move coming just days after it filed for bankruptcy protection. James Mesterharm, who works for the consultancy firm AlixPartners ... See all stories on this topic » |
New airline fare advertising rules go into effect Thursday Chicago Tribune Starting Thursday, new US Department of Transportation rules will require airlines to include the cost of all mandatory fees and taxes in the advertised price of an airfare. Prior to Thursday, airlines were allowed to disclose taxes, baggage fees and ... See all stories on this topic » |
Can you file your taxes for free? Yes. No. Maybe. WDBJ7 The IRS, along with several large tax companies, and smaller independent businesses are all inviting you to take advantage of free tax filing services. The free service is only for those who are doing the 1040 EZ form which is the most basic of forms. See all stories on this topic » |
IFPI Digital Music Report 2012: The Effectiveness of Anti-Piracy Strategies Billboard.biz By Richard Smirke, London The main news to come out of IFPI's Digital Music Report 2012 is that digital sales and services grew by 8% in 2011 to $5.2 billion, combined with a slowing decline in the overall recorded music market, which fell 3% from a ... See all stories on this topic » |
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