04/08/12 The Raw Business News Feed

Comprehensive Real-Time News Feed for Business News.

• Bernanke says stress tests make banks more stable _{2013-04-08, 06:16 pm}
  Japan has ventured on a massive, unproven experiment in monetary policy in an attempt to kickstart its economy, Neil Irwin writes.
• Adelson says he changed testimony to clarify details of Macau deal _{2013-04-08, 07:58 pm}
  Las Vegas Sands Corp. CEO Sheldon Adelson testifies for a second day in Clark County district court, Friday, April 5, 2013, in Las Vegas.
• Treasury Secretary Jack Lew pushes Europeans to focus on growth over austerity _{2013-04-08, 07:54 pm}
  Treasury Secretary Jack Lew , quickly embracing his role as the leading U.S. diplomat on the economy, pushed his counterparts in Europe on Monday to do more to drive economic growth and enact stronger and more unified defenses against financial panics.
• The Breeze 94.5 KLIQ-FM Hastings, Grand Island, Kearney _{2013-04-08, 07:51 pm}
  As per Federal Communications Commission Regulations following is certified: Platte River Radio Inc.
• Telecom New Zealand to Begin Rollout of 4G Network in October _{2013-04-08, 07:49 pm}
  Telecom Corp. of New Zealand Ltd. will begin rolling out its 4G network in October in Auckland, with the network expected to be available in Christchurch and Wellington by year-end, the company said in a statement Tuesday.
• Philips to Pay $4.5 Million To Settle FCPA Allegations _{2013-04-08, 07:49 pm}
  Dutch electronics giant Koninklijke Philips Electronics NV agreed to pay U.S. regulators $4.5 million to resolve allegations of foreign bribery, a spokeswoman said.
• Deutsche Telekom Wins German OK for Speedier Broadband _{2013-04-08, 07:49 pm}
  Deutsche Telekom AG has won conditional regulatory permission to tweak its broadband service in Germany in order to offer its customers faster internet, according to documents seen by The Wall Street Journal Deutschland on Monday.
• Why a Refinance Is a Great Way to Invest _{2013-04-08, 07:49 pm}
  In recent years, a whirlwind of trouble battered the nation's housing market. As the crisis deepened, home values went into a free-fall and millions of Americans abandoned their homes to foreclosure.
• Male Shopping Addiction on the Rise _{2013-04-08, 07:48 pm}
  Jack's shopping addiction started when he was a child, when he first learned the connection between money and goods.
• How to Buy & Sell in this New Housing Market _{2013-04-08, 07:48 pm}
  Home-shopping season is just getting underway, and many people who've sat on the sidelines in recent years are finally ready to enter a market that might be quite different from what they're expecting.
• Survey Finds Airline Quality Up, But Consumers May Disagree _{2013-04-08, 07:48 pm}
  The 2013 Airline Quality Rating report found consumer complaints climbed 22% last year, but quality remained mostly unchanged from 2011.
• Some Residents Allowed To Return Following Mayflower Oil Spill _{2013-04-08, 07:48 pm}
  Residents of four homes evacuated following an oil spill in Mayflower, Ark., are being allowed to return as work to clean up the oil progresses, Exxon Mobil Corp.
• Precious Metals Highlights: Top Stories of the Day _{2013-04-08, 07:48 pm}
  Mineral exploration company Hummingbird Resources PLC , a Liberian gold explorer, Monday announces results of the Preliminary Economic Assessment on its Dugbe 1 Project in Liberia, and said that the study envisages average annual gold production of 125,000 ounces per annum at the project.
• Exclusive: Princeling-backed firm eyes $500 million China buyout fund - sources _{2013-04-08, 07:47 pm}
  Nepoch Capital, a new private equity firm founded by the son of a former member of China's politburo, has launched the first 'princeling' fundraising since the new government took power last month vowing to clamp down on cronyism and nepotism.
• Ecuador's OCP Pipeline Ruptures; Exports Not Affected _{2013-04-08, 07:47 pm}
  Ecuador's private OCP pipeline halted pumping early Monday after a rupture in a line in the town of San Mateo in Esmeraldas province.
• Citi files claim with Nasdaq for compensation from Facebook IPO: sources _{2013-04-08, 07:47 pm}
  Citigroup has filed a claim with Nasdaq OMX Group to potentially receive compensation for losses associated with Facebook Inc's glitch-ridden market debut last May, according to two people with knowledge of the situation.
• Brazil's Transpetro Completes Cleanup After Weekend Fuel Spill _{2013-04-08, 07:47 pm}
  Brazilian oil transport company Transpetro said Monday that it had completed cleaning up marine fuel that fouled nine beaches in a popular resort area along the coast of Sao Paulo state.
• Brazil's CSN Fined BRL35 Million For Donating Polluted Land _{2013-04-08, 07:47 pm}
  Environmental authorities in Rio de Janeiro state fined steel maker Companhia Siderurgica Nacional 35 million Brazilian reais Monday for donating contaminated land to workers for residential use, and they also gave the company a list of corrective actions to take.
• Brazil's ANP Allows Chevron to Resume Production at Frade Field _{2013-04-08, 07:47 pm}
  U.S. oil major Chevron Corp. has been authorized to restart production at the offshore Frade field in Brazil, the site of a November 2011 accident and oil spill, Brazil's National Petroleum Agency, or ANP, said late Monday.
• Bernanke Lauds Benefits of Bank Stress Tests _{2013-04-08, 07:46 pm}
  The annual stress-test process has helped make the U.S. banking system stronger and more resilient than before the 2008 financial crisis, Federal Reserve Chairman Ben Bernanke said in a speech Monday.