Latest Breaking Business News
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Goodwill to open in La Jolla
The new store, at 7631 Girard Ave., is just under 1,600 square feet and will feature primarily clothing and accessories, with a smaller-than-average housewares section, said Sharon Corrigan, communications director for Goodwill Industries of San Diego ...
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RSF stock promoter charged with fraud
A Rancho Santa Fe stock promoter has been accused of fraudulently arranging the purchase of $2.5 million worth of shares in a penny stock in an effort to boost its ...
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Taco Bell to test Power Protein menu
NEW YORK -- Taco Bell plans to test a "Power Protein" menu as part of its push to provide choices for people looking to eat healthy.The chain says it will start testing the menu July 25 in Dayton, Ohio. The burritos and bowls will have more than 20 grams of protein and less than 450 calories.The test comes after the company announced in April that it would work to provide more ...
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After Hours Adobe rises La-Z-Boy flat after hours
SAN FRANCISCO (MarketWatch) -- Adobe Systems Inc. and La-Z-Boy Inc. shares were in focus after hours Tuesday following an upbeat trading session that saw the major U.S. stock indexes put in solid ...
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Wall Street Rises on Fed Hopes Dollar Gains on Yen Health-Care Cost Inflation to Stunt in 2014
Wall Street Rises on Hopes for Fed Status Quo, Outcome Uncertain (Reuters) Stocks soared today due to growth-oriented sectors rallying on expectations that the Fed will maintain its current level of bond purchases when it issues its policy statement tomorrow. The Fed began its two-day meeting today, and traders are still debating whether the Fed will begin to wind down its purchases of $85 ...
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Wall Street Journal Columnist Calls Allegations Of Sexual Assault ‘A He-SaidShe-Said Dispute’
an op-ed for the Wall Street Journal on Monday night, detailed a set of allegations of sexual assault in the military before concluding that they amounted to a ';he-said/she-said dispute'; that only revealed ';a political campaign against sexual assault in the military that shows signs of becoming an effort to criminalize male sexuality.'; All of it, he argues, amounts to a ...
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Power Lunch Power Summit
Check out "The Power Summit" this Thursday, June 20th, on Power Lunch. CNBC will host investment leaders from 5 big Wall Street firms and answer the question: Where is Wall Street headed in the second half? This Thursday at 1pm ...
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What worried owners can do about Jeep recall
Chrysler and the federal government have finished wrangling over whether a Jeep recall is warranted, with the automaker agreeing Tuesday to a voluntary recall of 2.7 million Jeep models. Earlier this month, the National Highway Traffic Safety Administration asked Chrysler to voluntarily recall Jeep Grand Cherokees in model years 1993 to 2004 and Libertys in model years 2002 to 2007. Based on its ...
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London I Regret Everything Take Full Responsibility
Former KPMG auditor Scott London says he made about $70,000 in the insider trading scheme, and plans to plead guilty to securities fraud, reports CNBC's Jane ...
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Google putting consumers at risk state AG says
Google is being accused of "assisting in the sale of prescription drugs without a prescription and intentionally ignoring reports of rogue pirate sites selling stolen music, movies, software and video games." Three state attorneys general want Google to change the way its search engine displays results. Mississippi Attorney General Jim Hood hasn't filed any charges against the ...
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Millions Of Jeeps Recalled Over Fuel Tank Fears
Chrysler has avoided a showdown with government safety regulators, agreeing to recall 2.7 million older Jeep Grand Cherokee and Liberty SUVs that could be at risk of a fuel tank fire. Earlier this month the company defiantly refused the government's request to recall the Jeeps. But Chrysler now says it will go ahead with the recall after getting calls from worried customers. The ...
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Ex-fund managers can remain free during U.S. insider trading appeal
At the Reuters Tech Summit, Trulia chief executive Pete Flint says private equity investors are starting to pull back from buying U.S. real estate, while overseas buyers are coming on strong once ...
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Exclusive Facebook reaches 1 million active advertisers
(Reuters) - Facebook Inc said on Tuesday it now has 1 million active advertisers globally who used the platform in the last 28 days, a milestone for the company that is seeking to revive its revenue ...
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Deloitte to pay $10 million to settle misconduct accusations
NEW YORK (Reuters) - A financial advisory unit of Deloitte LLP has agreed to pay $10 million and accept other New York state penalties to settle accusations of misconduct related to an investigation of money laundering at Standard Chartered ...
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Adobe profit falls but earnings beat Street
SAN FRANCISCO (MarketWatch) - Adobe Systems Inc. on Tuesday reported a fiscal second-quarter profit of $76.55 million, or 15 cents a share, compared with a profit of $223.88 million, or 45 cents a share, for the year-earlier period. Revenue fell to $1.01 billion from $1.12 billion. Adjusted profit was 36 cents a share. Analysts polled by FactSet on average were expecting the business software ...
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Microsoft Makes A Few Advertising Announcements At Cannes Lions
Microsoft has some advertising news today out of Cannes Lions. Last year at Cannes, Microsoft Advertising’s Yarn announced it would be working in partnership with creative agencies and brands on some new ad experiences. Today, they announced a new wave of prototypes they developed with agencies like BMB, Razorfish, Rooster Worldwide, UM, and VML and brands like All Saints clothing, ...
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Facebook says it has one million advertisers
Facebook Inc. has revealed that one million advertisers are now actively advertising on the world’s largest social network - the first time it has made such data on its advertisers public. The Menlo Park, Calif.-based company attributes this growth, not to big brands and marketers who have been using the Facebook platform to advertise for years, but to small, local businesses that have ...
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Orbite strikes deal to sell alumina to Glencore
Emerging alumina company Orbite Aluminae Inc. has secured a top-notch customer for its product. Now it hopes that same customer will provide much-needed capital for its proposed processing plant in Quebec. Montreal-based Orbite announced on Tuesday that commodity giant Glencore Xstrata PLC agreed to buy 100% of its alumina production from the Quebec plant for an initial period of 10 years. ...
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Stocks surge on latest hopes for Fed
NEW YORK It's all about the Fed. Still. U.S. stocks moved higher Tuesday, helped by news of a pickup in home building and low inflation. But the Federal Reserve loomed large, with investors trying to guess what the central bank will say Wednesday about how long it plans to keep stimulus programs in place. For many, Tuesday was just a holding pattern as they waited for Wednesday's ...
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Time to make the doughnuts ad is over
NEW YORK Don't expect to see Dunkin' Donuts revive its famous "Time to make the doughnuts" ad campaign anytime soon. Paul Carbone, chief financial officer for Dunkin' Brands Group Inc. ...
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United adds spending threshold for frequent fliers
CHICAGO United Airlines is making it a little harder to get a higher frequent-flier status. The company's MileagePlus program used to require flying 25,000 miles per year to gain elite status. Now United is adding a requirement for at least $2,500 in spending, too, to qualify for the ...
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Facebook Friends Welcome at Bar Others Maybe Not
Facebook users in or around the Stockton, Calif., area may be getting a new friend. A local business owner has made it his mission to friend every bar patron as a precautionary measure to keep the good patrons in and the bad ones out. Finnegan’s Irish Pub and Grill ...
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$A opens weaker despite Wall St surge
The Australian dollar is weaker despite a firmer finish on Wall Street.At 0632 AEST on Wednesday, the local unit was trading at 94.81 US cents, down from 94.92 cents on Tuesday.US stocks closed firmer, as the US Federal Reserve kicked off its Federal Open Market Committee meeting that will decide whether to continue its stimulus measures.Investors in recent weeks have speculated the Fed will ...
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Brekkie Wrap Kim Jong-un hands out Mein Kampf NSA director says Wall St attack foiled
NORTH Korean leader Kim Jong-un is handing out copies of Adolf Hitler's Mein Kampf in an effort to sow fear among top officials. Kim reportedly handed out copies of Mein Kampf to mark his birthday, but North Korea-watchers believe the move is part of an effort to make him seem powerful, rather than drawing on Nazi beliefs."One source says there have been many overt attempts to imbue Kim ...
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Google asks U.S. surveillance court permission to publish request data
Reuters © The Google logo is seen on the top of its China headquarters building behind a road surveillance camera in Beijing January 26, 2010. REUTERS/Jason ...
Kyrgyzstan Featured
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Kyrgyzstan must stick to long-term development plans
While news of the political unrest and government change in early 2010 dominates the world headlines, Kyrgyzstan faces an uncertain future as long-term plans for infrastructure development are thrown into disarray and uncertainty.
Kyrgyzstan is one of the poorest countries in Central Asia and stands to benefit greatly from long-term development plans initiated under the auspices of the Central Asian Regional Economic Cooperation (CAREC) Program, if the interim government can move on from the current political crisis and stabilize the country’s economy and political future. Read more
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