May 14 2012

Banks keep pressure on US stocks – CNN

Category: BusinessShort Irish Guy @ 3:53 pm

CBC.ca
Banks keep pressure on US stocks
CNN
By Maureen Farrell @CNNMoneyInvest May 14, 2012: 4:16 PM ET NEW YORK (CNNMoney) — All three US stock indexes ended the day down roughly 1% Monday. Investors sold out of stocks on worries over the political and economic stability of the eurozone and
FOREX-Euro drops to near 4-month low on Greek deadlockReuters
US Stocks End At Three-Month Lows On Greek WorriesWall Street Journal
Greek president proposes a government of technocratsLos Angeles Times
The Associated Press  -CNNMoney -Financial Times
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CBC.ca
Analysis: Fed regulators in hot seat over JPMorgan loss
Reuters
By Jonathan Spicer and Mark Felsenthal | NEW YORK/WASHINGTON (Reuters) – JPMorgan's $ 2 billion-plus trading loss raises serious questions about whether the New York Federal Reserve and other regulators were asleep at the wheel or whether it is asking
Dimon on New York Fed Board Renews Concern on Potential ConflictBloomberg
Lawmaker Calls For JP Morgan CEO To Leave NY Fed BoardFox Business
With JPMorgan Chase's Ina Drew Out, Few Top Wall Street Women Left StandingForbes
Chicago Tribune
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Globe and Mail
Can Yahoo Levitate With Levinsohn?
Wall Street Journal
By ROLFE WINKLER Yahoo's schizophrenic history made it ripe for its Loebotomy. Yet shareholders are still faced with a negative prognosis. Avoiding a costly and distracting proxy war is no doubt a positive development, as is the departure of Scott
Yahoo faces tough searchMarketWatch
Yahoo investors applaud change, fear limboReuters
Yahoo! CEO Scott Thompson Has Cancer – ReportForbes
BusinessWeek -The Associated Press  -Economic Times
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Toronto Star
Wall Street Gripped by Euro Dread; S&P Hits February Closing Low
Fox Business
By Adam Samson Concerns that the political instability in Greece will rattle the fragile eurozone currency bloc sent traders across the globe racing out of risky assets and into the shelter of safe havens. The Dow Jones Industrial Average slid 125
US STOCKS-Wall St down for 4th day of five, breaks supportReuters
Stocks can't recover from early plunge, end day downmsnbc.com
U.S. Equity Futures, Commodities Drop as JPMorgan Announces LossBloomberg
BusinessWeek -Wall Street Journal -MarketWatch
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Forbes
LightSquared Files Chapter 11 "To Resolve Regulatory Issues"
Forbes
Billionaire Philip Falcone's LightSquared filed for Chapter 11 bankruptcy protection today, saying the move was necessary to protect the wireless communications company from “creditors who were looking for a quick profit.
LightSquared files for bankruptcyCNNMoney
Lightsquared, failed wireless venture, files for bankruptcyLos Angeles Times
LightSquared Files for Chapter 11 BankruptcyWall Street Journal
The Associated Press  -CNBC.com -Washington Post
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May 05 2012

Pressure mounts on Yahoo over CEO background – Chicago Tribune

Category: BusinessShort Irish Guy @ 9:53 am

CBC.ca
Pressure mounts on Yahoo over CEO background
Chicago Tribune
SAN JOSE, Calif. _ Yahoo Inc.'s response to the revelation that CEO Scott Thompson misrepresented his educational background failed to satisfy the major investor who raised the issue and on Friday a second investor called for Thompson's ouster.
Yahoo Board to Review CEO Credentials After CriticismBloomberg
Yahoo Investor Steps Up Pressure to Have CEO FiredBusinessWeek
Hedge Fund Intensifies Attack on Yahoo Amid Storm Over Padded RésumésNew York Times
Financial Times -USA TODAY
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PanARMENIAN.Net
Rosneft, Statoil in Deal to Develop Arctic Fields
Wall Street Journal
By ALEXANDER KOLYANDR MOSCOW—Norway's Statoil ASA signed Saturday a cooperation agreement with Russian state oil company Rosneft to develop Russia's mostly untapped offshore energy resources in the Arctic, thus joining two other global majors,
Statoil signs cooperation agreement with RosneftReuters
Russia's Rosneft signs deal with Norway's Statoil The Associated Press
Rosneft, Statoil Sign Deal On Developing Fields In ArcticFox Business

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USA TODAY
Indexes fall on weaker employment numbers
Boston Globe
Stocks fell, giving the S&P 500 its worst week in 2012, after data showing employers added fewer jobs than forecast raised concern about the recovery's pace. Energy shares slumped after oil fell below $ 100 a barrel for the first time since February.
US Stocks Fall as S&P 500 Has Worst Weekly Drop in 2012Bloomberg
Flat US Jobs Report Sinks StocksWall Street Journal
US STOCKS-Wall St posts worst week of 2012 as job growth slowsReuters
The Associated Press  -Washington Post
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Globe and Mail
Japanese cheer unplugging of last nuclear plant
Christian Science Monitor
Japan switched off the last of its 50 nuclear reactors sending thousands of Japanese into the streets to celebrate Saturday. By Yuri Kageyama, Associated Press / May 5, 2012 Thousands of Japanese marched to celebrate the switching off of the last of
Last of Japan's 50 reactors going offlineGlobe and Mail
Japan prepares to turn off last nuclear reactorBBC News
Japan nuclear power-free as last reactor shutsEconomic Times
San Francisco Chronicle
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Sydney Morning Herald
Fracturing rule offers a concession
Houston Chronicle
By Jennifer A. Dlouhy WASHINGTON – The Obama administration on Friday unveiled a proposed rule that would force companies to reveal the chemicals they use when drilling for oil and natural gas on public lands. But the long-anticipated regulation
New Proposal on Fracking Gives Ground to IndustryNew York Times
Administration issues new fracking rulesSalt Lake Tribune
Mixed Wyoming reaction to proposed federal fracking rulesBillings Gazette
Pittsburgh Post Gazette -NewsOK.com
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Apr 17 2012

Warren Buffett cancer diagnosis adds pressure to name successor – Los Angeles Times

Category: BusinessShort Irish Guy @ 9:53 pm

Los Angeles Times
Warren Buffett cancer diagnosis adds pressure to name successor
Los Angeles Times
Berkshire Hathaway announced that Warren Buffett has Stage 1 prostate cancer and will begin radiation treatments in mid-July. "I feel great — as if I were in my normal excellent health," Buffett says. “I've been told by my doctors that my condition is
Warren Buffett says he has early prostate cancerBusinessWeek
Warren Buffett diagnosed with early stage prostate cancerUSA TODAY
Buffett Has Stage 1 Prostate Cancer, Not Life ThreateningSan Francisco Chronicle
Washington Post -CNNMoney -Forbes
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BBC News
Citigroup investors veto bigger pay deal for executives
BBC News
Citigroup shareholders have voted against giving top executives a bigger pay deal in a rare show of investor discontent. The package, which had increased chief executive Vikram Pandit's pay to $ 15m (£9m), was backed by just 45% of shareholders.
Investors rebuke Citi board over payFinancial Times
Citigroup Shareholders Reject Executive Pay PlanNew York Times
Citigroup investors give thumbs down to exec payFox News
Forbes -Reuters -Bloomberg
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Globe and Mail
Shares rebound as Spain debt worry eases
Reuters
By Chikako Mogi | TOKYO (Reuters) – Stabilizing risk appetite lifted Asian shares and riskier currencies on Wednesday, after firm demand at Spanish debt sales, positive corporate earnings, and an improved sentiment in a Germany survey boosted investor
Asian shares rebound as Spain debt worry easesEconomic Times
Surprisingly Steady Euro Keeps Investors GuessingWall Street Journal
Dollar slips vs euro after positive German dataBusinessWeek
Washington Post -Bloomberg
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The Atlantic
Taxmageddon coming? Answer could cost Americans $ 500 billion
Fox News
'Taxmageddon' on the horizon? What is Mitt Romney's tax plan? Sen. Pryor: We need comprehensive tax reform As many Americans were scrambling to get this year's taxes done, analysts were warning about a bigger tax day — what some call a tax Armageddon,
Bottom line on election-year taxesPolitico
Is It True That Only 85 Million Americans Pay Federal Tax? No.Forbes
NYC's Well-Off Households Would Lose Under Tax-Cut RepealBloomberg
The Atlantic -Christian Science Monitor
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Globe and Mail
Coca-Cola expanding reach worldwide for profit
Economic Times
NEW YORK: The Coca-Cola Co. is continuing to expand its reach worldwide and turning to a variety of smaller drink sizes to boost profits and keep rising commodity costs in check. The world's biggest soda maker on Tuesday reported better-than-expected
Strong Sales Lift Earnings At Coca-ColaNew York Times
Coca-Cola Sticks To Keeping Most Of Its Cash OffshoreWall Street Journal
Coca-Cola Profit Tops Analysts' Estimates as U.S. GainsBloomberg
BusinessWeek -USA TODAY
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Apr 06 2012

On Wet, Wild Day, Westwood Handles the Pressure – ABC News

Category: SportsShort Irish Guy @ 3:52 am

ABC News
On Wet, Wild Day, Westwood Handles the Pressure
ABC News
At times, it felt more like the last day of the Masters than the first — with errant tee shots and thoughts of bad swings turning Augusta National into a fragile free-for-all for Tiger Woods, Rory McIlroy, Phil Mickelson and lots of other would-be
Column: McIlroy saves himself by going rightAtlanta Journal Constitution
The Swede and the Snowman: Stenson topples off Masters leaderboard with Washington Post
Westwood takes 1st-round lead at MastersSan Francisco Chronicle
Telegraph.co.uk -Albany Times Union -Chicago Tribune
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USA TODAY
Arkansas AD Long facing difficult decision amid Petrino scandal
CNN
Arkansas AD Jeff Long (above) is reviewing the findings surrounding football coach Bobby Petrino's motorcycle accident. Under normal circumstances, the job security of the Arkansas athletic director depends upon only three things.
Arkansas coach Petrino put on leave after crashHouston Chronicle

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Globe and Mail
Former Lion can hardly believe Gregg Williams' bounty instructions
Detroit Free Press
By Dave Birkett When Lamar Campbell read the speech ex-New Orleans Saints assistant Gregg Williams gave to his defense the night before their January playoff loss to the San Francisco 49ers, it seemed an awful lot like pregame talks he heard during his
White Sox GM: 'Best I'm never in a room' with Gregg WilliamsUSA TODAY
Audio from bounty coachPhiladelphia Daily News
Mark Purdy: Saints tape reveals new NFL dark sideSunHerald.com
Alexandria Town Talk
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Apr 04 2012

EURO GOVT-Spanish debt under pressure before auction – Reuters

Category: BusinessShort Irish Guy @ 3:53 am

Bloomberg
EURO GOVT-Spanish debt under pressure before auction
Reuters
* Spanish yields rise before sale of medium-term paper * ECB expected to keep rates on hold, shun talk of exit * Cheapened Spanish bonds may attract demand at auction By Ana Nicolaci da Costa LONDON, April 4 (Reuters) – Spanish bond prices fell on
Draghi Tested as German Pay Deals Add to Euro Divergence ThreatBusinessWeek
Former ECB chief Trichet named head of Breugel think tankWashington Post
ECB to Hold Fire, Resist Pressure to Head for ExitCNBC.com
ABC News
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Moneycontrol.com
FOREX-Dollar hits 1-wk high post-Fed as Spain auction, ECB eyed
Reuters
* Dollar rallies broadly after Fed curbs QE speculation * Euro vulnerable on Spain auction, dovish ECB expected * Aussie tumbles on surprise trade deficit figures By Nia Williams LONDON, April 4 (Reuters) – The dollar hit a one-week high against a
Singapore Dollar Weaker Late As Hopes For Fed Stimulus WaneWall Street Journal
Dollar hits 1-week high post-Federal Reserve policy as Spain auction, ECB eyedEconomic Times
US dollar strengthens on the back of firmer expectations of near-term growthFX-MM
Reuters India -CNBC.com -Philadelphia Inquirer
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TIME
Europe's Economic Woes: That Sound You Hear Is The Euro Cracking
TIME
By Rana Foroohar | April 4, 2012 | + A break-up in the Eurozone just got more real with the announcement of the short-list for the Wolfson Economics Prize, a prestigious economics award that has the biggest payout (250000 pounds sterling) after the
Unscramble the Euro Omelet. Win $ 400000!BusinessWeek
An Essay Contest to Solve the Euro Crisis? Got Any Better Ideas?New York Times
Dutch Boy Seeks Economy Prize With Greek Euro-Exit PlanBloomberg
Washington Post -Wall Street Journal
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CBC.ca
March sales put 2012 on pace to be impressive year for auto industry
Detroit Free Press
By Chrissie Thompson Workers build the Ford Focus Electric at Michigan Assembly in Wayne. Car buyers are choosing more-costly fuel-efficient technologies. / Ford Unfazed by rising gas prices and willing to pay for technology, Americans continue to buy
US automakers post best monthly sales since 2007BusinessWeek
Auto sales surge in March, led by small carsMuncie Star Press
Auto sales surge in March, should stay strongCherry Hill Courier Post
Moneycontrol.com -Forbes
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Financial Times
Fed to fine Morgan Stanley over home loans
Financial Times
By Shahien Nasiripour in Washington Morgan Stanley became the latest US bank to be ensnared by the so-called robosigning scandal, drawing the wrath of the Federal Reserve for the alleged mistreatment of distressed borrowers by a since-sold home
Morgan Stanley Still On The Hook For Robo-Signing, Fed SaysForbes
Buy expands Ocwen loan-servicing portfolioPalm Beach Post
Former Morgan Stanley Unit Cited for Foreclosure ViolationsWall Street Journal
USA TODAY -Washington Post -Bloomberg
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Feb 29 2012

Bernanke Sees Temporary Inflation Pressure – Wall Street Journal

Category: BusinessShort Irish Guy @ 11:53 am

Telegraph.co.uk
Bernanke Sees Temporary Inflation Pressure
Wall Street Journal
Dow Jones Reprints: This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool at the bottom of any article or visit
Bernanke projects modest economic growth this yearLos Angeles Times
Bernanke: Economy, job creation likely to stay sluggish for several yearsWashington Post
Bernanke: Progress cutting unemployment could fadeReuters
MarketWatch -ABC News -Bloomberg
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Wall Street Journal
Nasdaq Tops 3000 for First Time Since 2000
Wall Street Journal
By JONATHAN CHENG The Nasdaq briefly topped 3000 for the first time since December 2000, as US stocks edged higher as US quarterly economic growth was revised to its highest level in more than a year. European banks took more than half a trillion euros
Stocks Gain as European Banks Get a LifelineTheStreet.com
Futures Higher After GDP News, ECB InjectionCNBC.com
U.S. stock futures slightly higher after LTROMarketWatch
NASDAQ -ShareCast -ValueWalk
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CBC.ca
Banks turn to ECB for €530bn
Financial Times
By Mary Watkins in London and James Wilson in Frankfurt The European Central Bank on Wednesday injected €529.5bn into the eurozone financial system as 800 European banks took advantage of the ECB's cheap three-year loan programme.
European Banks Flock to Second Round of Cheap LoansNew York Times
Stocks open higher on Europe hopesCNNMoney
ROUNDUP: What FX Analysts Think Of The Three-Year LTROWall Street Journal
Reuters -Bloomberg -Washington Post
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Globe and Mail
US 4th-quarter economic growth revised up
Reuters
* 4th-quarter GDP growth revised to 3 pct from 2.8 pct * Consumer, business spending account for revisions * Inventory accumulation lowered, income raised * Midwest factory activity gauge rises to 10 month high By Lucia Mutikani WASHINGTON,
America produced more goods and services than originally estimated last quarter.Forbes
Economy grew at 3 percent pace in final quarter of last year, better than Washington Post
3% Growth: The Economy Just Had Its Best Quarter in 2 YearsThe Atlantic
Los Angeles Times -CNNMoney -USA TODAY
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Bloomberg
Wall Street 2011 cash bonuses expected to dip 14 percent: NYS
Reuters
By Joan Gralla and Steven C. Johnson | NEW YORK (Reuters) – Wall Street cash bonuses for 2011 were forecast to fall 14 percent to $ 19.7 billion, the lowest in three years, and securities firms shed thousands of jobs as stiffer regulations took a toll
DiNapoli: Wall Street bonuses expected to drop 14 percent; profits fall by Washington Post
Wall Street Cash Bonuses Expected to Fall 14% in 2011CNBC.com
Wall Street Bonus Pool Shrinks 14%Wall Street Journal
The Seattle Times -New York Times -USA TODAY
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Feb 19 2012

Pressure, Chinese and Foreign, Drives Changes at Foxconn – New York Times

Category: TechShort Irish Guy @ 11:17 pm

New York Times
Pressure, Chinese and Foreign, Drives Changes at Foxconn
New York Times
BEIJING — The announcement Saturday that Foxconn Technology — one of the world's largest electronics manufacturers — will sharply raise salaries and reduce overtime at its Chinese factories signals that pressure from workers, international markets and
Foxconn to Increase Workers' Wages in ChinaPCWorld
Apple iPad plant conditions better than the norm: agencyReuters
Foxconn Auditor Finds 'Tons of Issues'Bloomberg
PC Magazine -BusinessWeek
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CNET
LG's Optimus Vu has 5-inch 4:3 display
CNET
By Aloysius Low on Feb 20, 2012 LG's latest smartphone/tablet, the Optimus Vu, certainly looks familiar. While it has a 5-inch IPS display with a 4:3 aspect ratio, it's outward appearance shares much in common with recently announced Prada phone by LG
Hands on: Samsung's Galaxy Note engages, perplexesComputerworld
LG Shows Off 5.5-inch Optimus VuPCWorld
Battle of the Big Android Phones: LG Announces 5-inch Optimus VuPC Magazine
Los Angeles Times -Forbes -Inquirer
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Sydney Morning Herald
Scientists create working transistor from a single atom
Yahoo! Contributors Network
By Francis Bea | Digital Trends – 1 hr 59 mins ago Researchers from the University of New South Wales have achieved an astonishing feat: the first-ever creation of a working transistor from a single atom. Since 1954, when Texas Instruments scientist,
Single-atom transistor could revolutionize electronicsWorld Science
Transistor Made Using a Single Atom May Help Beat Moore's LawBusinessWeek
Physicists Create a Working Transistor From a Single AtomNew York Times
CNET -Huffington Post
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