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B Media Network Business News Editor' Roundup News Blog List

Monday, April 22, 2013

04/22/13 The Raw Business News Feed


Comprehensive Real-Time News Feed for Business News.

Thursday, April 18, 2013

04/18/13 The Raw Business News Feed


Comprehensive Real-Time News Feed for Business News.

Monday, April 15, 2013

04/14/13 The Raw Business News Feed


Comprehensive Real-Time News Feed for Business News.

  • Lennar to host Grand Opening to showcase new model homes at Wilson Preserve in Riverview2013-04-15, 03:16 pm
    TAMPA, Fla. - Lennar will host a Grand Opening Saturday, April 20 to showcase its new Monte Carlo model home at Wilson Preserve, the master-planned community located south of Gibsonton Drive off U.S. 301 in Riverview. Mark Metheny, president of Lennar's Central Florida Division, said the Monte Carlo model home offers four bedrooms and three baths in 3,210 square feet of living space with a three-car garage. Metheny said the Southern Hospitality themed Grand Opening event, from 12-3 p.m., wil
  • 4 Stocks Rising on Unusual Volume 2013-04-15, 03:12 pm
    Professional traders running mutual funds and hedge funds don't just look at a stock's price moves; they also track big changes in volume activity.
  • CVC Capital May Bid for U.K.'s Betfair 2013-04-15, 03:11 pm
    Buyout firm CVC Capital Partners Group is calculating the odds of success before taking a shot at U.K. online betting company Betfair plc, but has already hired an investment bank to advise it on a possible bid for the London-listed company.
  • Recovery? Americans Short On Cash Every Month 2013-04-15, 03:11 pm
    A troubling number of U.S. adults just can't seem to get over the financial hump these days -- to the point where more than one-third of Americans are battling to make ends meet each month.
  • Netflix Catching Up to HBO Quality 2013-04-15, 03:11 pm
    Greenfield on Monday finally began coverage of Netflix with a "buy" rating and $250 price target after BTIG's media equity research team for years wrote more about Netflix than any other company they were following but had been "scared" to put a rating on the stock given the disconnect between the stock price and underlying fundamentals.
  • Expolsions Reported At Boston Marathon Finish Line 2013-04-15, 02:11 pm
    Two explosions took place near the finish line of the Boston Marathon this afternoon according to media reports, and an unconfirmed number of people are injured. The cause of the explosions is not known. More to comea
  • Alarming Bird Flu News: H7N9 Spreads Throughout China, May Pass Person-to-Person 2013-04-15, 02:10 pm
    New cases of H7N9 were reported over the weekend in Beijing and China's central Henan province, the first time the influenza A virus has spread through all regions of the country.
  • P.M. Kitco Metals Roundup: Gold, Silver Slammed to 2-Year Lows on Panic Selling 2013-04-15, 01:15 pm
    Gold and silver prices careened lower on massive panic selling pressure Monday that drove both market to more-than-two-year lows.
  • WonkTalk: Why the income tax system doesn't work 2013-04-15, 03:11 pm
    Apr. 15, 2013 - The Washington Post's Ezra Klein and Neil Irwin of WonkBlog discuss the tax code, how Americans approach income-tax filing and why it's difficult for lawmakers to overhaul taxes. (The Washington Post)
  • Lennar Homes opens four bedroom Alexandria model home at Olympia Pointe in Lehigh Acres 2013-04-15, 03:09 pm
    FORT MYERS, Fla. -- Lennar Homes recently opened the four-bedroom, three-bath Alexandria model home at Olympia Pointe in Lehigh Acres, Lennar's gated family community located off Colonial Blvd. in Fort Myers. Matt Devereaux, vice president of sales and marketing for Lennar Homes in southwest Florida, said the Alexandria model home is priced from $193,990 and totals 1,904 square feet of living space, plus a two car garage. Lennar plans to build some 50 one and two-story homes at Olympia Poi
  • ALTR Supports Local Susan G. Komen Group by Creating Pink Button Covers for Breast Cancer Awareness 2013-04-15, 03:04 pm
    To learn more about ALTR's efforts, visit www.madetoaltr.com or the ALTR web page on RocketHub, a crowdfunding website, at http://rkthb.co/12737. ALTR is a client company of the University of Central Florida's Business Incubation Program - Orlando.
  • What is Dish thinking with Sprint offer? 2013-04-15, 02:53 pm
    The satellite company offered $25.5 billion to buy Sprint, the No. 3 cell phone company in the United States, Monday morning.
  • Bowles sees 'seeds of hope' in Obama budget 2013-04-15, 02:47 pm
    Deficit hawk Erskine Bowles , who chaired President Barack Obama 's deficit commission three years ago, said Monday that Obama's recent budget plan offers the "seeds of hope" for a Washington budget deal.
  • Oil drops to four-month low as China growth slows 2013-04-15, 02:46 pm
    The price of oil dropped to a four-month low, as a slowdown in China's growth added to doubts about the strength of the world economy and global demand for crude.
  • Gold plunges to lowest in more than 2 years 2013-04-15, 02:46 pm
    In this Thursday, Feb. 14, 2013 photo, an Indian woman looks at a display of gold jewelry at a shop in Mumbai, India.
  • Citigroup execs sound a cautious note 2013-04-15, 02:46 pm
    Though they didn't declare victory, they appeared to have reason to: Citigroup's investment bank advised more companies on mergers and acquisitions; its retail bank wrote more mortgages; and the company set aside less money for bad loans.
  • Where to get last-minute tax tips and help 2013-04-15, 02:46 pm
    What to do if you can't file by April 15, from CCH , the tax guy's tax guy. For more topics, check out CCH's press releases .
  • Make the most of the first 90 days of a new job 2013-04-15, 02:46 pm
    There's a good reason much has been made about "the first 90 days" in a new job.
  • Local Law Firm Will Help Sponsor American Cancer Society's Annual Port Orange Relay for Life2013-04-15, 02:45 pm
    PORT ORANGE - The Port Orange-based law firm of Rue, Ziffra Caldwell, with offices in Palm Coast, once again is helping to sponsor the American Cancer Society's 2013 Relay for Life April 20-21 at the Port Orange Pavilion, 5501 S. Williamson Blvd. The fundraising event - which begins at noon Saturday and continues through 6 a.m. Sunday - involves more than four million people in over 20 countries each year. Included in the 18-hour relay will be a luminaria or candlelight ceremony, a survivor's
  • F-Bombs OK? FCC Asks If It Should Ease Swearing, Nudity Ban 2013-04-15, 02:45 pm
    Should the Federal Communications Commission lighten up on enforcing its ban on swear words and nudity on broadcast media? The agency has proposed doing just that-letting "fleeting" violations slide and enforcing its rules only for "egregious" offenses.

Monday, April 8, 2013

04/08/12 The Raw Business News Feed


Comprehensive Real-Time News Feed for Business News.

Friday, April 5, 2013

Actor Michael Keaton, Writer Tom McGuane And Flyfishing Legend Stu...

On an unseasonably chilly night in Manhattan a gaggle of businessmen, anglers and fishing guides gathered together for an auction and dinner in the name of saving bonefish, tarpon and permit, three species that haunt the flats and beguile anglers from Florida to the Bahamas to various far-flung Pacific atolls.

http://www.forbes.com/sites/monteburke/2013/04/05/actor-michael-keaton-writer-tom-mcguane-and-flyfishing-legend-stu-apte-come-together-to-help-save-bonefish-and-tarpon/

The 11 Startups Chosen For New York's TechStars 2013

Call it a marketplace where seed investors and venture capital peruse budding startups, a tech innovation hub, a proving ground where entrepreneurs can find mentors or call it all of these things-TechStars is a multi-city force that energetic, tech-minded CEOs of the future want to tap into.

http://www.forbes.com/sites/karstenstrauss/2013/04/05/the-11-startups-chosen-for-new-yorks-techstars-2013/

Best Buy Adopting JC Penney's Store Within A Store Format

In spite of the broad use of the store-within-a-store retail format in Europe, JC Penney has been widely criticized by analysts and media alike for its adoption of the concept.

http://www.forbes.com/sites/toddganos/2013/04/05/best-buy-adopting-jc-penneys-store-within-a-store-format/

J. P. Morgan, Edward Curtis and Christopher Cardozo: An Inspired Collaboration

Christopher Cardozo lives in Minneapolis. His own photographs of Native people have been widely exhibited and are found in many collections including the permanent collection of the Museum of Modern Art.

http://www.forbes.com/sites/michaeltobias/2013/04/02/j-p-morgan-edward-curtis-and-christopher-cardozo-an-inspired-collaboration/

Memes and merlot: Online wine options mature

Online wine options are everywhere, from flash sale sites like Lot18 offering daily deals to Facebook prodding you to send a little something for Aunt Suzy's birthday.

http://www.mercurynews.com/food-wine/ci_22962437/memes-and-merlot-online-wine-options-mature

Zynga CEO Mark Pincus decides 2013 salary will be $1, with no cash bonuses

Zynga's chief executive, Mark Pincus, has opted to receive an annual salary of just $1 this year and forgo all cash bonuses, the company said Thursday.

http://www.mercurynews.com/business/ci_22962465/zynga-ceo-mark-pincus-decides-2013-salary-will

Facebook reveals 'Chat Heads' messaging

Facebook's Mark Zuckerberg announces a new messaging system called "Chat Heads" which allows users to connect with their friends through profile pictures that bubble up on the screen.

http://www.mercurynews.com/business/ci_22962065/facebook-reveals-chat-heads-messaging-video

Inside peek at the 2013 New York auto show

From elaborate light shows to professional dance troupes, carmakers go above and beyond to impress on the press days before auto shows.

http://www.mercurynews.com/business/ci_22953789/inside-peek-at-2013-new-york-auto-show

Reckitt Benckiser Buys 20,000 Shares for Treasury at 4,591.96P

Reckitt Benckiser Group PLC (RB.LN) said Friday that it bought 20,000 shares for treasury at a price of 4,591.9625 pence per share.

http://www.foxbusiness.com/news/2013/04/05/reckitt-benckiser-buys-20000-shares-for-treasury-at-4516p/

MF Global's liquidation plan approved by bankruptcy court

MF Global on Friday gained court approval of a plan to liquidate its assets, pay back creditors and end the $40 billion bankruptcy that rocked the financial world in 2011.

http://www.foxbusiness.com/news/2013/04/05/mf-global-liquidation-plan-approved-by-bankruptcy-court/

London Markets: Next, Airlines Drop In Weak U.K. Market

Shares of airlines slumped in a weak U.K. market on Friday on worries that bird flu would impact air travel, while fashion retailer Next PLC was on the decline after a broker downgrade.

http://www.foxbusiness.com/news/2013/04/05/london-markets-next-airlines-drop-in-weak-uk-market/

Judge Confirms Liquidation Plan for MF Global

A judge on Friday confirmed a liquidation plan for MF Global Holdings Ltd. , both a milestone and a beginning to an end of one of the more notable brokerage collapses in history.

http://www.foxbusiness.com/news/2013/04/05/judge-confirms-liquidation-plan-for-mf-global/

Imperial Tobacco Buys 110,000 Shares at 2,2265.62P

Imperial Tobacco Group PLC (IMT.LN) 110,000 ordinary shares for treasury at an average price of 2,265.62 pence per ordinary share.

http://www.foxbusiness.com/news/2013/04/05/imperial-tobacco-buys-110000-shares-at-2226562p/

Hedge fund manager Ackman says mistakes made in JCPenney turnaround

Hedge fund manager William Ackman is turning up the heat on the man he handpicked to turn around struggling retailer JCPenney.

http://www.foxbusiness.com/news/2013/04/05/hedge-fund-manager-ackman-says-mistakes-made-in-jcpenney-turnaround/

Compass Group Buys 200,000 Shares for Treasury

Compass Group PLC (BATS.LN) said Friday that it bought 200,000 shares for cancellation at a price of 819.1822 pence per share.

http://www.foxbusiness.com/news/2013/04/05/compass-group-buys-200000-shares-for-treasury/

British American Tobacco Buys 220,000 Shares for Treasury

British American Tobacco PLC (BATS.LN) said Friday that it bought 220,000 shares for treasury at a price of 3515.2799p pence per share.

http://www.foxbusiness.com/news/2013/04/05/british-american-tobacco-buys-220000-shares-for-treasury/

North Korea Jitters Send South Korean Stocks Spiraling

South Korea's benchmark index tumbled another 1.6% on Friday as North Korea and its leader Kim Jong Un rattle global investors with increasingly-hostile rhetoric.

http://www.foxbusiness.com/markets/2013/04/05/south-korean-stocks-slammed-by-north-korea-jitters-boj-policy/

Lew Will Press Europe On Growth, Banking Regulatio

Treasury Secretary Jacob Lew will press European leaders to take steps to boost domestic demand and strengthen common banking regulations during his first trip to the region early next week, a senior Treasury official said Friday.

http://www.foxbusiness.com/markets/2013/04/05/lew-will-press-europe-on-growth-banking-regulatio/

Report: Boeing Packaging Kits for 787 Battery Repairs

Boeing is reportedly packaging battery-repair kits for its grounded 787 Dreamliner jets, although the plane maker is still waiting for regulatory approvals.

http://www.foxbusiness.com/industries/2013/04/05/report-boeing-packaging-kits-for-battery-repairs/

AstraZeneca's Arthritis Pill Disappoints in Late-Stage Trial

AstraZeneca's rheumatoid arthritis pill fostamatinib failed to meet one of the end goals of a late-stage clinical trial, raising doubt in the pill and the drug company's ability to revamp its battered pipeline.

http://www.foxbusiness.com/industries/2013/04/05/astrazenecas-arthritis-pill-fails-to-meet-one-end-goal-in-late-stage-trial/

Amid Weak Jobs Numbers, U.S. Workers Losing Confidence

As if Friday's weaker-than-expected jobs numbers weren't enough bad economic news, a new survey by Glassdoor shows more U.S. workers lost confidence in the first quarter, with nearly one in five employees growing concerned that layoffs could be in the cards for them over the next six months.

http://www.foxbusiness.com/economy/2013/04/05/amid-weak-jobs-numbers-us-workers-losing-confidence/

Don't Buy an Electric Car

I live in California, home to all sorts of environmental nonsense. We couldn't build our house where we wanted to because of a tiny plant you can hardly see and a grasshopper that might - just might - live there.

http://www.foxbusiness.com/business-leaders/2013/04/05/dont-buy-electric-car/

Chone Steps Down From Board of Galena Asset Management

Chone continues to be portfolio manager at Galena Special Situations Fund, according to Geneva-based spokeswoman Victoria Dix.

http://washpost.bloomberg.com/Story?docId=1376-MKS1EX6JIJUO01-1KTRB625CD1FK928K4430M1K5A

Former FCC officials claim calling team 'Redskins' on airwaves is illegal

Former Federal Communications Commission officials are arguing that it is illegal to say the name of Washington, D.C.'s professional football team on broadcast television and radio.

http://thehill.com/blogs/hillicon-valley/technology/292077-former-officials-want-fcc-to-force-redskins-name-change

Editorial: A new landscape in world of cable

The Boss couldn't have predicted, back in the early 1990s when he wrote that song, that 57 channels would be a laughably minute lineup in the 21st century.

http://www.newbernsj.com/opinion/editorials/editorial-a-new-landscape-in-world-of-cable-1.122398

Gold Prices Pop as Investors Cover Short Positions

Gold for April delivery at the COMEX division of the CME was jumping $13.40 to $1,565.80 an ounce.

http://www.thestreet.com/story/11888490/1/gold-prices-pop-as-investors-cover-short-positions.html

The Breeze 94.5 KLIQ-FM Hastings, Grand Island, Kearney

As per Federal Communications Commission Regulations following is certified: Platte River Radio Inc.

http://www.kliqfm.com/index.php?outsideLocation=http://abcnewsradioonline.com/music-news/2013/4/5/john-fogerty-to-appear-at-two-acm-awards-related-events-in-t.html

Hardwood to trading floor: Stocks go Final Four

The sports world is laser focused on college hoops right now. The annual tournament is near its climax, with just a quartet of teams - cutely called the Final Four - slugging it out for the national championship title, which will be decided Monday.

http://www.myrtlebeachonline.com/2013/04/05/3420787/hardwood-to-trading-floor-stocks.html

Weak March jobs report sends a shiver through the economy

Mainstream economists had expected the report to show between 180,000 to 200,000 new jobs to have been created last month, but the Labor Department reported that employment increased by just 88,000 jobs nationwide.

http://www.myrtlebeachonline.com/2013/04/05/3420761/weak-march-jobs-report-sends-a.html

Tyson agrees to $4M penalty to resolve EPA case

The Justice Department and Environmental Protection Agency says the deal in a St.

http://www.myrtlebeachonline.com/2013/04/05/3420751/tyson-agrees-to-4m-penalty-to.html

CPI abruptly closes its US portrait studios

Louis-based company is abruptly shuttering its more than 2,000 portrait studios that are found nationwide in locations such as Walmart and Sears stores.

http://www.myrtlebeachonline.com/2013/04/05/3420648/cpi-abruptly-closes-its-us-portrait.html

Real Estate Pulse for the Myrtle Beach area: April 5

Laura Crowther , CEO of the Coastal Carolinas Association of Realtors, has received the Certified Executive designation from the National Association of Realtors. The designation recognizes exceptional efforts made by Realtor association executives.

http://www.myrtlebeachonline.com/2013/04/05/3420639/real-estate-pulse-for-the-myrtle.html

Ewes-ful: Paris hires sheep to mow city lawns

That could be the case, since Paris City Hall this week installed a small flock of sheep to mow the lawn at the city's gardens, replacing gas-guzzling lawnmowers.

http://www.myrtlebeachonline.com/2013/04/05/3420593/ewes-full-paris-hires-sheep-to.html

AP Source: Fisker to cut workers at headquarters

A person briefed on the matter says electric car maker Fisker Automotive will lay off a large number of workers at its California headquarters on Friday.

http://www.modbee.com/2013/04/05/2655245/ap-source-fisker-to-cut-workers.html

Stocks plunge after job growth disappoints

In this Thursday, April 4, 2013, photo, Trader Anthony Riccio, left, and specialist Peter Giacchi work on the floor of the New York Stock Exchange.

http://www.sfgate.com/news/article/Stocks-plunge-after-job-growth-disappoints-4412179.php

EU clears Random House, Penguin merger deal

The European Union 's antitrust watchdog on Friday gave its green light to the proposed merger of Penguin and Random House that will create the world's largest book publisher.

http://www.sfgate.com/news/article/EU-clears-Random-House-Penguin-merger-deal-4412219.php

US trade deficit narrows to $43B in February

In this March 1, 2013 photo, a crane removes a container from a ship at the Port of Baltimore's Seagirt Marine Terminal in Baltimore.

http://www.sfgate.com/business/energy/article/US-trade-deficit-narrows-to-43B-in-February-4412000.php

US futures drop as jobs report comes up short

In this Thursday, April 4, 2013, photo, Trader Anthony Riccio, left, and specialist Peter Giacchi work on the floor of the New York Stock Exchange.

http://www.sfgate.com/business/article/US-futures-drop-as-jobs-report-comes-up-short-4412020.php

Marinites: Making more and living longer

Marinites may be enjoying the good life compared to other folks in the Bay Area.

http://blog.sfgate.com/ontheblock/2013/04/05/marinites-making-more-and-living-longer/

Indexes fall sharply on Wall Street after US job growth slows, disappointing investors

In this Thursday, April 4, 2013, photo, Trader Anthony Riccio, left, and specialist Peter Giacchi work on the floor of the New York Stock Exchange.

http://www.washingtonpost.com/business/indexes-fall-sharply-on-wall-street-after-us-job-growth-slows-disappointing-investors/2013/04/05/5abba7de-9e09-11e2-9219-51eb8387e8f1_story.html

U.S. hiring slowed in March

Businesses sharply reduced their pace of hiring in March, according to government data released Friday morning, deflating hopes that the nation's economy is ready for takeoff.

http://www.washingtonpost.com/business/economy/hiring-slowed-to-88k-jobs-in-march-unemployment-rate-drops-to-76-percent/2013/04/05/c9a94264-9deb-11e2-a941-a19bce7af755_story.html

The jobs report is a disaster.

The 88,000 net jobs added in March, if that or a similar figure holds up through revisions, is a tragedy: Nearly four years into the economic recovery, with the unemployment rate still close to 8 percent, the nation recorded a month in which too few jobs were added to keep up with the growing American workforce .

http://www.washingtonpost.com/blogs/wonkblog/wp/2013/04/05/todays-jobs-report-is-a-disaster-but-why/?tid=pm_business_pop

maura_judkis

The "Wildly Exotic" section of the Fat Shorty's sausage menu isn't bluffing. With alligator and rattlesnake joining elk, antelope, rabbit and wild boar on the menu, reptiles and mammals large and small are well-represented in a Fat Shorty's sandwich or platter.

http://www.washingtonpost.com/blogs/going-out-guide/wp/2013/04/05/this-thing-you-should-try-rattlesnake-and-alligator-sausages-at-fat-shortys/

Macy's $600 Blenders Win Boomers in Kitchen-Gadget Surge

Not so long ago, small kitchen appliances were confined to a few main items such as toasters.

http://mobile.bloomberg.com/news/2013-04-05/macy-s-600-blenders-win-boomers-in-kitchen-gadget-surge.html?

Lincoln Drops in Insurer Slump as Yields Fall: New York Mover

Lincoln National Corp. was among U.S. life insurers that declined as bond yields fell after employers added fewer jobs than forecast.

http://washpost.bloomberg.com/Story?docId=1376-MKSCHN0UQVI901-752UHNUV084KAL1R3AR8GT2GOA

Radware Tumbles Most Since 2004 After Earnings Below Forecast

Radware Ltd., an Israeli maker of technology that helps networks run efficiently, sank the most since 2004 in New York after profit trailed forecasts as sales in China and the European, Middle East and Africa region slowed.

http://washpost.bloomberg.com/Story?docId=1376-MKSCC26S972F01-67C4KJ99A0VAQ8HPJB17O3SFF4

Crude Heading for Biggest Weekly Drop in Six Months on Payrolls

West Texas Intermediate crude headed for the biggest weekly drop in six months as U.S. employers hired less than half the number of workers forecast in March, raising concern that economic growth won't be strong enough to support oil demand.

http://washpost.bloomberg.com/Story?docId=1376-MKS9IW1A74E901-5G8A79PUIO1SI3R6MSSIKKGT7F

Marron-Backed Brokerage Adds $25 Billion in Assets From MetLife

Cetera Financial Group Inc., the brokerage backed by private-equity firm Lightyear Capital LLC, agreed to buy two of MetLife Inc.'s broker-dealer affiliates with $25 billion under management.

http://washpost.bloomberg.com/Story?docId=1376-MKS91K07SXKX01-4AC4OG85A257RTU84AM6U8MBKJ

Morning After Pill Access Expanded as Judge Blasts FDA Delay

The "morning after" pill can be made available to women of all ages and without a prescription, a federal judge ruled yesterday, dealing a blow to U.S. restrictions on access to the contraceptive.

http://washpost.bloomberg.com/Story?docId=1376-MKS8WK6KLVS201-2TDT3SQ7GTHI76RJUSQ1GJLI4Q

Rigel Sinks on Mixed Results From Arthritis Medicine Trial

Rigel Pharmaceuticals Inc., a drugmaker with no products on the market, fell to its lowest value in four years after its experimental rheumatoid arthritis medicine being developed with AstraZeneca Plc showed mixed results in a trial.

http://washpost.bloomberg.com/Story?docId=1376-MKS7NI6S972A01-4UMCG8UOBJF26SERRDOJ0N5IEH

Thursday, April 4, 2013

$5M fine is Canada's largest for bid-rigging

Competition authorities say Furukawa Electric conspired with other Japanese auto parts makers to submit inflated bids or tenders to supply replacement electrical boxes for several Honda Civic models in Canada.

http://www.cbc.ca/news/business/story/2013/04/04/competition-fine-furukawa.html?cmp=rss

BlackBerry-maker RIM stops BBM music service

The Canadian company emailed BlackBerry Messenger Music subscribers this week to notify them that the cloud-based service will stop working on June 2. BBM Music launched in August 2011 as a $4.99-per-month service that allowed BBM obsessed users to swap song recommendations and share music with friends.

http://www.myrtlebeachonline.com/2013/04/04/3419138/blackberry-maker-rim-stops-bbm.html

T-Mobile USA gains subscribers

Mobile USA says that subscribers were more likely to stick with the company in the last three months, a welcome trend for a company that's struggling against larger competitors.

http://www.myrtlebeachonline.com/2013/04/04/3419108/t-mobile-usa-gains-subscribers.html

Honda, Toyota shares boosted by Japan stimulus

Shares of Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co. all rose more than 4 percent after the Bank of Japan said it will increase the amount of cash in circulation.

http://www.myrtlebeachonline.com/2013/04/04/3419072/honda-toyota-shares-boosted-by.html

Possible deal could cut ex-Enron CEO's sentence

CEO Jeffrey Skilling for his role in the collapse of the once mighty energy giant is being discussed, according to the U.S. Justice Department.

http://www.myrtlebeachonline.com/2013/04/04/3418927/possible-deal-could-impact-ex.html

Police: Italian priest stole $5.1M from hospital

Rev. Franco Decaminada, second right, leaves an Italy's financial police barrack after being questioned in Rome, Thursday, April 4, 2013.

http://www.myrtlebeachonline.com/2013/04/04/3418762/italian-priest-accused-of-pilfering.html

Egypt's foreign reserves decline to $13.4 billion

That's a less than 1 percent decline from February, but the nation's reserves have fallen sharply from $36 billion since the popular uprising in 2011 that ousted Hosni Mubarak.

http://www.myrtlebeachonline.com/2013/04/04/3418708/egypts-foreign-reserves-decline.html

Broadcasters Prepare for Next-Generation Mobile Emergency Alert System

LAS VEGAS, April 4, 2013 /PRNewswire via COMTEX/ -- With momentum building for a new enhancement to the existing Emergency Alert System, the newly-standardized Mobile Emergency Alert System is being demonstrated to TV broadcasters next week at the annual NAB Show.

http://it.tmcnet.com/news/2013/04/04/7038807.htm

WonkTalk: The sequester's impact on cancer patients

Apr. 4, 2013 - The Washington Post's Ezra Klein and Sarah Kliff of WonkBlog discuss why cancer clinics are turning away thousands of Medicare patients. (The Washington Post)

http://www.washingtonpost.com/business/economy/the-sequesters-impact-on-cancer-patients--wonktalk/2013/04/04/db378f40-9d46-11e2-a941-a19bce7af755_modal.html

Brown Paper Tickets publishes guide to help nonprofits with low-power FM licensing

Colorado nonprofits are eligible to apply for a once-in-a-lifetime free low-power FM radio station license through the Federal Communications Commission in October, which could result in dozens of Front Range radio stations being licensed by the end of 2013.

http://www.northfortynews.com/brown-paper-tickets-publishes-guide-to-help-nonprofits-with-low-power-fm-licensing/

Text-to-911 service gets a big step closer to reality

The move toward a national text-to-911 emergency system took another step forward recently, when the Alliance for Telecommunications Industry Solutions and the Telecommunications Industry Association announced release of a standard to provide Short Message Service subscribers the ability to send text messages to 911.

http://gcn.com/articles/2013/04/04/text-to-911-service-standard.aspx

ECB Talks Today Said to Skirt Lending Plan for Small Businesses

European Central Bank policy makers today skirted a debate on how to boost lending to small and medium-sized companies because officials haven't yet drawn up a proposal, said three people with knowledge of the deliberations.

http://washpost.bloomberg.com/Story?docId=1376-MKQPGN6JIJV101-21NARBUTRIN7FRKV7IQ4RM418E

Yen Slides Most Since October 2011 on BOJ Stimulus; Pound Gains

The yen tumbled the most in 17 months against the dollar after the Bank of Japan announced larger-than-forecast economic stimulus measures that tend to devalue the currency.

http://washpost.bloomberg.com/Story?docId=1376-MKPBQ36JTSEN01-4BN6UQR238CS8EQKMU6J6T0CFI

Apollo Set for Fivefold Return on Evertec as IPOs Aid Marketing

Apollo Global Management LLC stands to make a fivefold return on its investment in payment processor Evertec Inc., adding to successful deals as it seeks to raise $12 billion for a new leveraged-buyout fund.

http://washpost.bloomberg.com/Story?docId=1376-MKOV590D9L3501-72MDL5HOR7QGV9K2LKHGVHT6SO

Apps Reviews: Home Inventory, Capture Audio

The Capture Audio app lets you mark points in recordings so you can refer back to important parts without listening to the entire recording.

http://www.mercurynews.com/business/ci_22949366/apps-reviews-home-inventory-capture-audio

Nomura Picks Treasury Adviser As Europe Boss

An adviser to the Treasury on the impending separation of Britain's big universal banks is poised to be named as the new European boss of Nomura, the Japanese banking group.

http://web.orange.co.uk/article/news/nomura_picks_treasury_adviser_as_europe_boss

Facebook To Reveal 'New Home On Android' Move

Facebook is widely expected to unveil a homescreen for smartphones later, after inviting guests to "come see our new home on Android". The American social media giant has refused to give any further details about the California event, beyond promising a "product announcement". The event has generated widespread interest online, where much ... (more)

http://web.orange.co.uk/article/news/facebook_to_reveal_new_home_on_android_move

Shine America's Ardaban Hires Seth Eisman

He has been tapped senior vp production for the company, overseeing production for all of the division's unscripted programming.

http://www.hollywoodreporter.com/news/shine-americas-ardaban-hires-seth-433002

TZA, YANG: Big ETF Outflows

Turning today to week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest outflow was seen in the Daily Small Cap Bear 3x Shares , which shed 71,854,488 shares, or a 75.6% decrease week over week.

http://www.marketnewsvideo.com/story/201304/tza-yang-big-etf-outflows-tza-yang-Outflows040413/

Thursday Sector Laggards: Shipping, Railroads

In trading on Thursday, shipping shares were relative laggards, down on the day by about 1.7%. Helping drag down the group were shares of Excel Maritime Carriers , down about 10.6% and shares of Ultrapetrol Bahamas Limited off about 3.9% on the day.

http://www.marketnewsvideo.com/story/201304/thursday-sector-laggards-shipping-railroads-exm-ultr-gwr-nsc-Laggards040413/

Researchers look to reduce cell phone radiation

The Federal Communications Commission , is back looking at health standards on cell phone radiation exposure standards.

http://www.examiner.com/article/researchers-look-to-reduce-cell-phone-radiation

Wall street stocks little changed; Best Buy soars

The Dow Jones industrial average was up six points, or 0.05 percent, to 14,557 as of 12:45 p.m. EDT Thursday.

http://www.modbee.com/2013/04/04/2653559/wall-street-stocks-little-changed.html

Credit-easing steps by central banks, at a glance

The Bank of Japan said Thursday that it will pump money into the Japanese financial system to try to combat deflation, encourage borrowing and lift the economy out of a prolonged slump.

http://www.modbee.com/2013/04/04/2653541/credit-easing-steps-by-central.html

SOURCE: Marissa Mayer And Her COO Disagree Over The Merits Of Her...

SOURCE: Marissa Mayer And Her COO Disagree Over The Merits Of Her First Big Deal, And Now It Might Fall Apart Real quick: This is just a single source getting information second-hand, so let's be adults and be very careful with the following information.

http://www.sfgate.com/technology/businessinsider/article/SOURCE-Marissa-Mayer-And-Her-COO-Disagree-Over-4409596.php

Indian Country left on far side of digital divide

Only 53 percent of Navajoland has wireless broadband coverage through 3G wireless technology, according to a new report from the Office of Native Affairs and Policy and the Federal Communications Commission.

http://navajotimes.com/news/2013/0413/040413dig.php

How To Build A Billion-Dollar Internet Company

Greylock Partners VC James Slavet recently dove head-first into the data, and found that there are only 24 publicly traded consumer Internet companies worth $1 billion or more in the U.S. "What most people don't understand is that the best way to create a consumer Internet company worth north of a billion dollars is to build a digital transaction ... (more)

http://www.sfgate.com/technology/businessinsider/article/How-To-Build-A-Billion-Dollar-Internet-Company-4409599.php

Possible deal could impact ex-Enron CEO's sentence

The U.S. Justice Department says it is discussing possibly entering into an agreement with former Enron Corp.

http://www.sfgate.com/news/texas/article/Possible-deal-could-impact-ex-Enron-CEO-s-sentence-4409705.php

Stocks edge higher after Wednesday's drop

In this Wednesday, Feb. 27, 2013, file photo, a trader works on the floor at the New York Stock Exchange in New York.

http://www.sfgate.com/news/article/Stocks-edge-higher-after-Wednesday-s-drop-4409469.php

Oil drops below $93 on unemployment claims data

The price of oil dropped sharply for a second day after the government said the number of people seeking unemployment aid in the U.S. reached a four-month high.

http://www.sfgate.com/business/energy/article/Oil-drops-below-93-on-unemployment-claims-data-4409666.php

Where US economy has, and hasn't, yet recovered

In this Tuesday, Feb. 26, 2013 file photo, Marty Grossman shops for a hat at Lodge's store on in Albany, N.Y. After five painful years, the economy is nearly back to where it started when the recession began.

http://www.sfgate.com/business/article/Where-US-economy-has-and-hasn-t-yet-recovered-4409312.php

Best Buy stores to feature Samsung kiosks

Best Buy shares rose nearly 12 percent in morning trading. Best Buy has battled the "showrooming" effect as more and more people browse in stores and then buy items cheaper online.

http://www.myrtlebeachonline.com/2013/04/04/3418890/best-buy-stores-to-feature-samsung.html

PC, tablet, phone shipments to hit 2.4B in 2013

Gartner Inc. said Thursday that device shipments should continue to grow, hitting more than 2.9 billion in 2017.

http://www.myrtlebeachonline.com/2013/04/04/3418864/pc-tablet-phone-shipments-to-hit.html

Philadelphia gets ready to play Pong on a building

The classic Atari video game will come to life on the facade of a 29-story skyscraper.

http://www.myrtlebeachonline.com/2013/04/04/3418855/philadelphia-gets-ready-to-play.html

British Library sets out to archive the Web

In this photo taken Wednesday, April 3, 2013, people work on their computers as old books kept at the British Library are displayed, in London.

http://www.myrtlebeachonline.com/2013/04/04/3418842/british-library-sets-out-to-archive.html

Incoming Altria Group CEO made $10.3M in '12

The pay package came in a year when the Richmond, Va.-based owner of the nation's biggest cigarette maker, Philip Morris USA, saw its net income grow 23 percent to $4.18 billion.

http://www.myrtlebeachonline.com/2013/04/04/3418760/incoming-altria-group-ceo-made.html

News Summary: 30-year mortgage rate at 3.54 pct.

LOW RATES: Average U.S. rates on fixed mortgages crept closer to their historic lows this week, a trend that could help the housing recovery strengthen.

http://www.myrtlebeachonline.com/2013/04/04/3418759/news-summary-30-year-mortgage.html

News Summary: US jobless claims jump to 385,000

APPLICATIONS JUMP: The number of Americans seeking unemployment aid rose last week by 28,000 to a seasonally adjusted 385,000, the third straight increase.

http://www.myrtlebeachonline.com/2013/04/04/3418752/news-summary-us-jobless-claims.html

Matt Hamblen: Wireless dead zones aren't just in rural areas

BrandPosts are written and edited by members of our sponsor community. BrandPosts create an opportunity for an individual sponsor to provide insight and commentary from their point-of-view directly to Computerworld's audience.

http://blogs.computerworld.com/mobilewireless/22005/wireless-dead-zones-arent-just-rural-areas

Should Entrepreneurs Get an MBA? An Inside Perspective From an MBA Entrepreneur

What do all of these successful companies have in common? They were all started by MBAs from top business schools.

http://www.forbes.com/sites/stellafayman/2013/04/04/should-entrepreneurs-get-an-mba-an-inside-perspective-from-an-mba-entrepreneur/

You're (Un)Welcome: Best and Worst Cities for Business 2013

It's an exciting moment when an entrepreneur gets an idea for a new business. Unfortunately, those plans often run straight into a brick wall when the budding business owner starts trying to open the business in their town.

http://www.forbes.com/sites/caroltice/2013/04/04/youre-unwelcome-best-and-worst-cities-for-business-2013/

Leftists want next FCC Chairman to over-regulate even more than the last

President Barack Obama is currently contemplating a replacement for Federal Communications Commission Chairman Julius Genachowski - who has announced his intention to step down .

http://news.heartland.org/editorial/2013/04/04/next-obama-appointee-another-huge-shift-left-leftists-want-next-fcc-chairman-ov

The Next Obama Appointee - " Another Huge Shift to the Left?

President Barack Obama is currently contemplating a replacement for Federal Communications Commission Chairman Julius Genachowski - who has announced his intention to step down .

http://blog.heartland.org/2013/04/the-next-obama-appointee-another-huge-shift-to-the-left/

hayley_tsukayama

Samsung is making a move into the brick-and-mortar world, announcing Thursday that it will launch 1,400 mini-stores in Best Buy locations across the United States starting this month.

http://www.washingtonpost.com/business/technology/samsung-partners-with-best-buy-for-mini-stores/2013/04/04/68130d00-9d2d-11e2-a941-a19bce7af755_story.html

Vincent Gray strikes back at Muriel Bowser

In his first extended interview since the 2014 mayoral race began in earnest, incumbent Mayor Vincent C. Gray on Thursday sounded closer than ever to mounting a reelection bid.

http://www.washingtonpost.com/blogs/mike-debonis/wp/2013/04/04/vincent-gray-strikes-back-at-muriel-bowser-says-i-enjoy-the-job/

Weekly jobless claims jump to 4-month high

Weekly applications increased to a seasonally adjusted 385,000, the Labor Department said Thursday.

http://www.washingtonpost.com/business/weekly-us-unemployment-benefit-applications-jump-to-a-4-month-high-of-385000/2013/04/04/3d0085b0-9d24-11e2-9219-51eb8387e8f1_story.html

Stocks edge higher on Wall Street following a drop the day before; unemployment claims rise

In this Wednesday, Feb. 27, 2013, file photo, a trader works on the floor at the New York Stock Exchange in New York.

http://www.washingtonpost.com/business/stocks-edge-higher-on-wall-street-following-a-drop-the-day-before-unemployment-claims-rise/2013/04/04/359b328c-9d35-11e2-9219-51eb8387e8f1_story.html

Mortgage rates show slight decrease

The 30-year fixed-rate average dipped to 3.54 percent with an average 0.8 point.

http://www.washingtonpost.com/blogs/where-we-live/post/mortgage-rates-show-slight-decrease/2013/04/04/bf01792a-9cb6-11e2-9bda-edd1a7fb557d_blog.html

the_reliable_source

Details: The high-profile lobbyist, fresh off her amicable split from Democratic powerbroker husband Tony Podesta , is moving on - but not too far.

http://www.washingtonpost.com/blogs/reliable-source/wp/2013/04/04/surreal-estate-heather-podestas-kalorama-purchase/

aaron_blake

Ronald Reagan's daughter says the former president would have supported gay marriage, but his son isn't so sure.

http://www.washingtonpost.com/blogs/post-politics/wp/2013/04/04/reagans-son-father-shouldnt-be-dragged-into-gay-marriage-debate/

Should The FCC Re-Examine Cell Phone Radiation?

Several days ago the Federal Communications Commission announced that it would undertake a re-examination of the standards limiting how much radiofrequency energy can be emitted by cellular telephones.

http://www.forbes.com/sites/geoffreykabat/2013/04/04/should-the-fcc-re-examine-cell-phone-radiation/

Wednesday, April 3, 2013

Citizens Advice Chief To Head Banking Panel

The head of the Citizens Advice network is to chair a panel being set up by Britain's banks to provide an early-warning system aimed at preventing another industry mis-selling scandal.

http://web.orange.co.uk/article/news/citizens_advice_chief_to_head_banking_panel

Cohen's Ex-Wife Has Racketeering Suit Against Him Reinstated

The ex-wife of SAC Capital Advisors LP founder Steven A. Cohen won reinstatement of most of a lawsuit in which she seeks $8.25 million in damages based on claims the hedge fund is "the product of an ongoing racketeering scheme" that engaged in insider trading.

http://washpost.bloomberg.com/Story?docId=1376-MKOMYE6S972B01-5B5M7C8LSGKNBHGC3PLLTQ11UV

Gross Says Buffett to Soros Careers Fueled by Credit Growth

Bill Gross, manager of the world's largest mutual fund, said the most renowned investors from Warren Buffett to George Soros may owe their reputations to a favorable era for money management as expanding credit fueled gains in asset prices across markets.

http://washpost.bloomberg.com/Story?docId=1376-MKOLNZ6S972Q01-00VI3GRIS9655GSFRFC0NP6N8J

Romania Pushes to Shed Junk Stigma on Budget Rigor Praise

Romania's call for a credit-rating upgrade has the support of investors and analysts from London to Los Angeles as the country strives to shake off its junk status at Standard & Poor's after almost five years.

http://washpost.bloomberg.com/Story?docId=1376-MKMT0N07SXKX01-00UHNESE1EBEI8UDVRJH8O2KUM

Jos. A. Bank's profits fall 18.3 percent for the fiscal year

Jos. A. Bank Clothiers Inc. reported Wednesday that it earned $79.7 million in its last fiscal year, a 18.3 percent decrease from the year before.

http://www.baltimoresun.com/business/bs-bz-banks-20130403,0,6099182.story?track=rss

White House pushes for home loans to people with weaker credit

The Obama administration is engaged in a broad push to make more home loans available to people with weaker credit, an effort that officials say will help power the economic recovery but that skeptics say could open the door to the risky lending that caused the housing crash in the first place.

http://www.mercurynews.com/nation-world/ci_22933368/white-house-pushes-home-loans-people-weaker-credit

82-year-old Father of the cell phone buys new smartphone every 2 months

Cooper, who made the world's first cellular phone call as a Motorola executive in 1973 and who now serves as CEO of wireless software company ArrayComm, says he buys a new smartphone every two months just to keep himself up-to-date on the newest technological trends.

http://www.networkworld.com/supp/2011/25thanniversary/050911-anniversary-cooper.html?fsrc=netflash-rss

Companies may use Twitter, Facebook to share operations info, SEC says

Companies can use social media such as Facebook and Twitter to unveil key information about their operations as long as they've told investors where to look for it, the Securities and Exchange Commission announced Tuesday.

http://www.mercurynews.com/business/ci_22934853/companies-may-use-twitter-facebook-share-operations-info

Google invents a spam filter to block robocalls from phones

A neon Google logo is seen at the new Google office in Toronto, November 13, 2012.

http://www.mercurynews.com/business/ci_22925836/google-invents-spam-filter-block-robocalls-from-phones

The Breeze 94.5 KLIQ-FM Hastings, Grand Island, Kearney

As per Federal Communications Commission Regulations following is certified: Platte River Radio Inc.

http://www.kliqfm.com/index.php?outsideLocation=http://abcnewsradioonline.com/music-news/2013/4/3/is-david-bowie-among-the-most-influential-people-in-the-worl.html

Samoa Airline sets prices by passenger weight

Apr. 3, 2013 - Samoa Airline plans to start pricing tickets according to the weight of passengers and their bags. The airline first implemented the policy for certain routes last year and now plans on doing it for its new route to American Samoa. (Associated Press)

http://www.washingtonpost.com/national/samoa-airline-sets-prices-by-passenger-weight/2013/04/03/8f062488-e857-4abf-9459-d06c803717f2_modal.html

What innovation would be a game changer for career advancement?

The nation's economic recovery may be gaining momentum, but it often seems that managing one's career has rarely been trickier.

http://www.washingtonpost.com/business/capitalbusiness/a-game-changer-for-career-advancement-and-job-placement/82c377bc-9728-11e2-b68f-dc5c4b47e519_topic.html

Liberals Press FCC to Require Disclosure of PAC Donations

Activist groups and some congressional Democrats have launched a two-pronged effort to force disclosure of donors contributing to political action committees.

http://www.newsmax.com/Politics/FCC-PAC-disclosure-contributions/2013/04/03/id/497634

Finally, An ETF For Kazakhstan

NEW YORK TheStreet -- In past articles I have referred to Global X as being an innovative fund provider.

http://www.thestreet.com/story/11886481/1/finally-an-eft-for-kazakhstan.html

Banks' Worst Fear: Sudden Rise in Interest Rates

Banks are hoping a rise in interest rates will help lift their margins, but a sudden and unexpected rise in rates could prove to be a "double-edged sword," according to Nomura analyst Keith Murray.

http://www.thestreet.com/story/11886465/1/banks-worst-fear-sudden-rise-in-interest-rates.html

Bail-Ins Are Fraudulent

In condemning the open criminality of Western regimes as they planned well in advance and then executed the robbery of funds from peoples' bank deposits in Cyprus, it's important to understand that such condemnation is not based merely on sentimental/populist grounds.

http://www.thestreet.com/story/11886457/1/bail-ins-are-fraudulent.html

5 Hidden Earnings Bargains Worth Buying Now

After all, equities have been in the midst of a broad-based rally for the last few years, and the venerable S&P 500 index finally hit new all-time highs last week.

http://www.thestreet.com/story/11886443/1/5-hidden-earnings-bargains-worth-buying-now.html

Kass: Subsurface Weakness

Since I have been away over the past two days, the S&P 500 has risen by only about 2 points.

http://www.thestreet.com/story/11886425/1/kass-subsurface-weakness.html

Can a Hot Realtor Get You More Bang for Your Buck?

Marie-Charlotte Mahul has a flawlessly symmetrical face featuring crystalline-blue eyes, a button nose and luscious lips.

http://www.thestreet.com/story/11886419/1/can-a-hot-realtor-get-you-more-bang-for-your-buck.html

Mutual Funds That Can Survive Downturns

Mutual fund shareholders have good reason to cheer. During the past three months, the S&P 500 has returned 10.5%. Now some investors worry that the market is due for a correction.

http://www.thestreet.com/story/11886328/1/mutual-funds-that-can-survive-downturns.html

Cheer the Team, Own the Stock

While shares were expected to price in the $16-$20 range, they came public at $14, and have risen about 17%, and are now ironically trading at the lower end of the of the expected IPO price range.

http://www.thestreet.com/story/11886304/1/cheer-the-team-own-the-stock.html

Stocks Fall on Sluggish Services Sector

Major U.S. stock markets were slipping Wednesday after reports of sluggish job creation and slow service sector growth dampened optimism about the nascent economic recovery.

http://www.thestreet.com/story/11886251/1/stocks-move-higher-despite-jobs-report.html

Volume on the Housing Boom Is Going Down, Down, Down

The so-called U.S. housing recovery is taking a breather this spring -- not what homeowners, real estate agents, and economists wanted or expected heading into the prime home selling season.

http://www.thestreet.com/story/11885902/1/volume-on-the-housing-boom-is-going-down-down-down.html

Notte: Jennifer Aniston's Doing Better Than Olive Garden

Casual dining, like Jennifer Aniston, was once a fresh-faced, flair-wearing American ideal.

http://www.thestreet.com/story/11885897/1/jennifer-anistons-doing-better-than-the-olive-garden.html?

Microsoft Loses the Computing Plot

Microsoft's old story was that it controlled the operating system, the base of the computing pyramid, and because it controlled this base, it would lead computing where it wanted it to go.

http://www.thestreet.com/story/11885405/1/microsoft-loses-the-computing-plot.html

Amazon offers digital songs to vinyl record buyers

The feature, called AutoRip, was launched in January for CDs. The company has said it has boosted music sales.

http://www.myrtlebeachonline.com/2013/04/03/3416653/amazon-offers-digital-songs-to.html

Analyst: 60-inch Apple iTV to launch this year

Now, an analyst says he's learned that the set will go on sale late this year, for $1,500 to $2,500. In a research note Wednesday, Brian White of Topeka Capital Markets says the "iTV" will be 60 inches on the diagonal, but could also come in 50- and 55-inch versions.

http://www.myrtlebeachonline.com/2013/04/03/3416620/analyst-60-inch-apple-itv-to-launch.html

US crude oil supplies rise by 2.7 million barrels

Crude supplies grew by 2.7 million barrels, or 0.7 percent, to 388.6 million barrels, which is 7.2 percent above year-ago levels, the Energy Department's Energy Information Administration said in its weekly report.

http://www.myrtlebeachonline.com/2013/04/03/3416619/us-crude-oil-supplies-rise-by.html

NKorea refuses to let SKoreans enter joint factory

South Korean vehicles turn back their way as they were refused for entry to North Korea's city of Kaesong, at the customs, immigration and quarantine office in Paju, South Korea, near the border village of Panmunjom, Wednesday, April 3, 2013.

http://www.myrtlebeachonline.com/2013/04/03/3416602/nkorea-refuses-to-let-skoreans.html

Pressure mounts on Portuguese government

Workers from the bus factory of Portuguese automakers group Salvador Caetano, protest at the factory gates against the temporary suspension of work covering 98 workers for a period of six months Tuesday, April 2, 2013, in Vila Nova de Gaia, Portugal.

http://www.myrtlebeachonline.com/2013/04/03/3416559/pressure-mounts-on-portuguese.html

Sinkhole, changing customer habits prompts Bank of America to leave Georgetown

A bank damaged by the massive sinkhole in Georgetown more than a year ago plans to close its office and leave the city in June.

http://www.myrtlebeachonline.com/2013/04/03/3416543/sinkhole-changing-customer-habits.html

ECB to face Cyprus questions at rate meeting

Last month, Draghi memorably dismissed fears that the euro area would be plunged into turmoil by the political deadlock in Italy as "the angst of the week." Europe's markets and investors have been calmer since the ECB offered to help indebted countries by buying unlimited amounts of bonds.

http://www.myrtlebeachonline.com/2013/04/03/3416528/ecb-to-leave-rates-alone-faces.html

What to Do If You Can't Pay Your Taxes

March Madness is sure to be followed by April Angst and the national anxiety over the looming tax deadline.

http://www.foxbusiness.com/personal-finance/2013/04/03/what-to-do-if-cant-pay-your-taxes/

Service sector weakest growth in seven months in March: ISM

The pace of growth in the vast services sector slowed in March to the lowest level in seven months as new orders and employment measures pulled back, an industry report showed on Wednesday.

http://www.foxbusiness.com/news/2013/04/03/service-sector-weakest-growth-in-seven-months-in-march-ism/

Poland's Top Bank Eyes Deals in Central Europe

PKO Bank Polski SA , Poland's largest bank by assets, is eyeing acquisitions around Central Europe as some euro-zone banks consider pulling out from the region to meet capital requirements in their troubled home markets.

http://www.foxbusiness.com/news/2013/04/03/poland-top-bank-eyes-deals-in-central-europe/

Norway's DNB to Compensate Investment Clients

Norwegian bank DNB ASA said Wednesday it will pay compensation amounting to at least 60 million Norwegian kroner to customers who have invested in misleadingly marketed savings products.

http://www.foxbusiness.com/news/2013/04/03/norway-dnb-to-compensate-investment-clients/

Natural Gas Edges Lower for Fourth Day on Warmer Temperatures

Natural-gas futures were weaker for a fourth day Wednesday amid forecasts for an imminent end to demand-boosting frigid temperatures in the eastern U.S. Prices have retreated by 9.9 cents in the previous three days from the 19-month highs above $4 per million British thermal units set a week earlier.

http://www.foxbusiness.com/news/2013/04/03/natural-gas-edges-lower-for-fourth-day-on-warmer-temperatures/

Market Snapshot: U.S. Stocks Slide After Adp Jobs Data

U.S. stocks retreated on Wednesday from the prior day's all-time closing highs, with payrolls-processing company ADP's monthly tally of private hiring below consensus estimates.

http://www.foxbusiness.com/news/2013/04/03/market-snapshot-us-stocks-slide-after-adp-jobs-data/

Lehman Unveils Deal With Holdout Swiss Unit

Lehman Brothers Holdings Inc. has reached a deal with its former Swiss derivatives subsidiary, one of the last holdouts among Lehman's foreign affiliates, in their dispute over tens of billions of dollars in guarantees and intracompany loans.

http://www.foxbusiness.com/news/2013/04/03/lehman-unveils-deal-with-holdout-swiss-unit/

Lawsuit by ex-wife of SAC's Cohen revived on appeal

A U.S. appeals court has revived a lawsuit by the former wife of SAC Capital Advisors hedge fund founder Steven A. Cohen, who accused the billionaire of hiding $5.5 million from her during their divorce proceedings.

http://www.foxbusiness.com/news/2013/04/03/lawsuit-by-ex-wife-sac-cohen-revived-on-appeal/

Hyundai and Kia Recalling More Than 1.8M Vehicles

Hyundai Motor and its Kia Motors affiliate are recalling more than 1.8 million vehicles in the U.S. after discovering issues related to brake light switches and air bags, according to three filings made with the Hyundai is recalling certain cars to fix an airbag-related issue, while several Hyundai and Kia models need a faulty brake-light switch ... (more)

http://www.foxbusiness.com/news/2013/04/03/hyundai-kia-recall-more-than-1-million-vehicles-in-us/

Analysis: Bailout sends Cyprus on uncertain quest for new growth model

Cyprus's bank restructuring, a condition for international aid it needed to stave off bankruptcy, will force the Mediterranean island to scramble for new ways to generate wealth.

http://www.foxbusiness.com/news/2013/04/03/analysis-bailout-sends-cyprus-on-uncertain-quest-for-new-growth-model772879/

Best Buy, Target Said To End Geek Squad Test Deal

Best Buy Co. and Target Corp. reportedly have ended their test partnership that put Best Buy's Geek Squad staff at 29 Target stores in Denver and Minneapolis, Minneapolis Star Tribune reported.

http://www.foxbusiness.com/markets/2013/04/03/best-buy-target-said-to-end-geek-squad-test-deal/

US Airways Traffic Up 5.2% in March

US Airways Group said on Wednesday consolidated traffic rose 5.2% last month, while citing U.S. government budget cuts for a decline in late flight bookings.

http://www.foxbusiness.com/industries/2013/04/03/us-airways-traffic-up-52-in-march/

JoS. A. Bank Cautious on 1Q Despite Higher Sales

JoS. A. Bank Clothiers reported an 18.3% decline in fiscal 2012 profit that bested Wall Street expectations on Wednesday but said it remained cautious about the current quarter.

http://www.foxbusiness.com/industries/2013/04/03/jos-bank-cautious-on-1q-despite-higher-sales/

Fed Adopts New Financial Tagging Rules

The U.S. Federal Reserve said on Wednesday that it had approved a final rule to clarify the process the new U.S. risk council will follow when it begins designating nonbank financial firms for heightened oversight.

http://www.foxbusiness.com/industries/2013/04/03/fed-adopts-rule-clarifying-steps-to-tag-nonbanks-for-oversight/

Hyundai-Kia recalling nearly 1.9 million vehicles for brake light and air bag problems

Korean automakers Hyundai and Kia are recalling almost 1.9 million vehicles to fix problems with air bags and brake light switches.

http://www.washingtonpost.com/business/hyundai-kia-recalling-nearly-19-million-vehicles-for-brake-light-and-air-bag-problems/2013/04/03/fc6e7f14-9c58-11e2-9219-51eb8387e8f1_story.html?tid=pm_business_pop

Republicans don't replace Obamacare

Do Republicans have an alternative to Obamacare? Matt Yglesias looked at proposals from Ramesh Ponnuru and Yuval Levin and concluded that the alternative is less spending on health insurance for poor people, stingier health coverage for middle-class people, and lower taxes for rich people.

http://www.washingtonpost.com/blogs/wonkblog/wp/2013/04/03/the-republican-plan-for-replacing-obamacare-doesnt-replace-obamacare/?tid=pm_business_pop

The GOP's border security roadblock

In late March, John McCain insisted that the country needs more enforcement to "assure the American people that we have effective control of the border." In a recent hearing, GOP Rep.

http://www.washingtonpost.com/blogs/plum-line/wp/2013/04/03/the-gops-border-security-roadblock/

Moleskine Shares Rise After Debut In Milan

The company - known for its jotters based on originals used by Ernest Hemingway and Vincent Van Gogh - is the first to join the main Milan stock exchange this year.

http://web.orange.co.uk/article/news/moleskine_shares_rise_after_debut_in_milan

Tuesday, April 2, 2013

President Obama Pitches Brain Mapping Project, But Are We Late To The Table?

President Obama has proposed $100 million in federal funding to seed an exhaustive brain mapping initiative similar to the Human Genome Project that mapped all human DNA, officially called Brain Research through Advancing Innovative Neurotechnologies .

http://www.forbes.com/sites/daviddisalvo/2013/04/02/president-obama-pitches-brain-mapping-project-but-are-we-late-to-the-table/

A Challenge to America: Develop Fusion Power Within a Decade

This article is by Norman R. Augustine and Gary Hart. Norman Augustine is a board member of the American Security Project, a nonpartisan public policy and research organization, and has been chairman of the Council of the National Academy of Engineering.

http://www.forbes.com/sites/forbesleadershipforum/2013/04/02/a-challenge-to-america-develop-fusion-power-within-a-decade/

WonkTalk: How Ezra Klein offended Twitter

Apr. 2, 2013 - The Washington Post's Ezra Klein and Brad Plumer debate the usefulness of Twitter and call for a better way to distill the overload of information. (The Washington Post)

http://www.washingtonpost.com/business/economy/how-ezra-klein-offended-twitter--wonktalk/2013/04/02/ce2baf04-9ba0-11e2-a941-a19bce7af755_modal.html

NBC Finally Does Something Right In The Jay Leno Jimmy Fallon 'Tonight Show' Battle

Things have been tense at NBC over the past few weeks. First, Tonight Show host Jay Leno started using his nightly monologue to call out NBC executives who are trying to ease him out of his hosting spot.

http://www.forbes.com/sites/dorothypomerantz/2013/04/02/nbc-finally-does-something-right-in-the-jay-leno-jimmy-fallon-tonight-show-battle/

Eurozone unemployment hits record 12%

Unemployed man Juan Bayes, 60, sleeps as he begs in the Andalusian capital of Seville.

http://www.cbc.ca/news/business/story/2013/04/02/business-europe-unemployment.html?cmp=rss

Debt consolidation firms to pay $80K for improper robocalls

The CRTC has imposed penalties totalling $80,000 against two debt consolidation companies that broke telemarketing rules by bombarding Canadians with robocalls in an attempt to drum up business.

http://www.cbc.ca/news/business/story/2013/04/02/business-crtic-robocolls-penalties.html?cmp=rss

Hundreds Turn Out For St. Stupid's Day Parade

"Spring is the time of year when things start moving, fluids start flowing so people want to get out there." People came out in all sorts of costumes, including clowns, detectives, and various wigs.

http://sfappeal.com/2013/04/hundreds-turn-out-for-st-stupids-day-parade/

Sheryl Sandberg Is Getting Dragged Into A Messy Lawsuit Against...

They allegedly formed an agreement not to poach executives from each other unbeknownst to employees; the companies policed the pact and called out the others when there were breaches.

http://www.sfgate.com/technology/businessinsider/article/Sheryl-Sandberg-Is-Getting-Dragged-Into-A-Messy-4403120.php

Feds announce winners of robocall contest

The Federal Trade Commission has announced the winners of its contest to develop a blocking technology for the illegal sales phone calls.

http://www.sfgate.com/news/politics/article/Feds-announce-winners-of-robocall-contest-4403054.php

US factory orders up 3 percent in February

Orders to U.S. factories rose sharply in February from January on a surge in volatile demand for commercial aircraft.

http://www.sfgate.com/news/article/US-factory-orders-up-3-percent-in-February-4402814.php