Thursday, January 9, 2014

09-Jan-2014 22:24

UberX cuts fares by more than 15 percent in top US cities - CNET :: http://news.cnet.com/8301-1035_3-57616976-94/uberx-cuts-fares-by-more-than-15-percent-in-top-us-cities/

Madoff's Trail Lost in a Blizzard of Paper - New York Times :: http://www.nytimes.com/2014/01/10/business/madoffs-trail-lost-in-a-blizzard-of-paper.html

UPDATE 1-US airline shares jump on strong December results - Reuters :: http://www.reuters.com/article/2014/01/09/unitedcontinental-december-idUSL2N0KJ22N20140109

US stocks slip for a second day; Retailers sink - Businessweek :: http://www.businessweek.com/ap/2014-01-09/stock-futures-rise-following-jobless-claims-data

Diamond Foods pays $5 million to settle SEC accounting charge - Los Angeles Times :: http://www.latimes.com/business/money/la-fi-mo-diamond-foods-pays-5-million-to-settle-sec-20140109,0,7521213.story?track%3Drss

Four California car dealers accused of deception settle with FTC - Los Angeles Times :: http://www.latimes.com/business/autos/la-fi-hy-four-california-car-dealers-deceived-consumers-with-ads-says-ftc-20140109,0,7869329.story

IBM unveils plans for Watson supercomputer - CNN :: http://money.cnn.com/2014/01/09/technology/enterprise/ibm-watson/

Alcoa unit pleads guilty to Bahrain bribery - USA TODAY :: http://www.usatoday.com/story/money/business/2014/01/09/alcoa-subsidiary-pleads-guilty-to-bahrain-bribery/4394283/

McKesson Has Elliott Support on Raised Offer for Celesio (3) - Businessweek :: http://www.businessweek.com/news/2014-01-09/mckesson-raises-celesio-offer-to-23-dot-50-euros-a-share

Euro Rises From Lowest in Month as Draghi Strengthens Pledge - Bloomberg :: http://www.bloomberg.com/news/2014-01-08/dollar-remains-higher-as-labor-data-support-end-to-fed-purchases.html

09-Jan-2014 21:23

UPDATE 3-McKesson raises bid to salvage $8.4 bln Celesio deal - Reuters :: http://in.reuters.com/article/2014/01/09/celesio-mckesson-idINL6N0KJ0GX20140109

Alcoa agrees to settlement in Bahrain bribery case - Washington Post :: http://www.washingtonpost.com/business/economy/alcoa-agrees-to-settlement-in-bahrain-bribery-case/2014/01/09/56b98028-7943-11e3-8963-b4b654bcc9b2_story.html

Too early to declare crisis over, says Draghi - Financial Times :: http://www.ft.com/cms/s/0/87f1e124-7909-11e3-b381-00144feabdc0.html

United shares soar on strong revenue, traffic figures - Chicago Tribune :: http://www.chicagotribune.com/business/breaking/chi-united-cancelled-flights-revenue-soared-20140108,0,4729825.story

Foster Farms plant shut down for salmonella now has cockroaches - The Seattle Times :: http://seattletimes.com/html/nationworld/2022630488_apxchickenplantcockroaches.html

IRS top cop says the agency is too hard on offshore tax dodgers - Fortune :: http://finance.fortune.cnn.com/2014/01/09/irs-offshore-accounts/

UberX cuts fares by more than 15 percent in top US cities - CNET :: http://news.cnet.com/8301-1035_3-57616976-94/uberx-cuts-fares-by-more-than-15-percent-in-top-us-cities/

IBM's Watson to Help Rich DBS Clients With 'Jeopardy' Smarts - Bloomberg :: http://www.bloomberg.com/news/2014-01-09/ibm-carves-out-1-billion-new-unit-for-jeopardy-champ-watson.html

US stocks slip for a second day; Retailers sink - Glens Falls Post-Star :: http://poststar.com/business/us-stocks-slip-for-a-second-day-retailers-sink/article_b68b185e-9cc8-5a85-8982-b771c783c63b.html

Retailers of all stripes sing holiday blues - USA TODAY :: http://www.usatoday.com/story/money/business/2014/01/09/retailers-holiday-sales/4392977/

09-Jan-2014 20:22

Janet Yellen: The Sixteen Trillion Dollar Woman - TIME :: http://content.time.com/time/magazine/article/0,9171,2162267,00.html?pcd%3Dpw-magic

UPDATE 3-McKesson raises bid to salvage $8.4 bln Celesio deal - Reuters :: http://in.reuters.com/article/2014/01/09/celesio-mckesson-idINL6N0KJ0GX20140109

Fewest Claims in a Month Show U.S. Labor Market Mending: Economy - San Francisco Chronicle :: http://www.sfgate.com/business/bloomberg/article/Fewest-Claims-in-a-Month-Show-U-S-Labor-Market-5127900.php

IBM creates business unit for Watson to tap supercomputer's technology - Washington Post :: http://www.washingtonpost.com/business/on-it/ibm-creates-business-unit-for-watson-to-tap-supercomputers-technology/2014/01/09/c753c108-7949-11e3-af7f-13bf0e9965f6_story.html

US stocks drift for a second day; Retailers sink - Seattle Post Intelligencer :: http://www.seattlepi.com/news/article/US-stocks-fall-for-a-second-day-Retailers-sink-5127534.php

IRS should create, adopt US taxpayer bill of rights -watchdog - Reuters :: http://www.reuters.com/article/2014/01/09/usa-tax-advocate-idUSL2N0KI2EN20140109

No Cohen Deposition At Martoma Insider-Trading Trial - FINalternatives :: https://www.finalternatives.com/node/25779

RPT-Draghi's easing signals knock euro, push down money market rates - Reuters :: http://in.reuters.com/article/2014/01/09/markets-euro-ecb-idINL6N0KJ3RI20140109

Alcoa agrees to settlement in Bahrain bribery case - Washington Post :: http://www.washingtonpost.com/business/economy/alcoa-agrees-to-settlement-in-bahrain-bribery-case/2014/01/09/56b98028-7943-11e3-8963-b4b654bcc9b2_story.html

USDA closes Foster Farms plant over roach infestation - OregonLive.com :: http://www.oregonlive.com/health/index.ssf/2014/01/usda_closes_foster_farms_plant.html

09-Jan-2014 19:21

State: Rockford finalist for Boeing assembly plant - KHQ Right Now :: http://www.khq.com/story/24403970/state-rockford-finalist-for-boeing-assembly-plant

Roaches Found at California Chicken Plant - ABC News :: http://abcnews.go.com/US/wireStory/roaches-found-california-chicken-plant-21474967

UPDATE 3-McKesson raises bid to salvage $8.4 bln Celesio deal - Reuters :: http://in.reuters.com/article/2014/01/09/celesio-mckesson-idINL6N0KJ0GX20140109

Fewest Claims in a Month Show U.S. Labor Market Mending: Economy - San Francisco Chronicle :: http://www.sfgate.com/business/bloomberg/article/Fewest-Claims-in-a-Month-Show-U-S-Labor-Market-5127900.php

US Fed's Janet Yellen sees stronger growth this year - Economic Times :: http://economictimes.indiatimes.com/news/international/business/us-feds-janet-yellen-sees-stronger-growth-this-year/articleshow/28603115.cms

Standard Chartered's Reshuffle Fails to Reassure - Wall Street Journal :: http://stream.wsj.com/story/markets/SS-2-5/SS-2-423347/

UPDATE 3-ECB toughens talk, holds off fresh action for now - Reuters :: http://www.reuters.com/article/2014/01/09/ecb-rates-idUSL9N0IM03V20140109

Bill Gross: Bonds Can Stay Above Water in 2014 - Barron's :: http://online.barrons.com/article/SB50001424053111904246304579310571398540230.html?mod%3Dgooglenews_barrons

US Sen. Warren: New mortgage rules will aid buyers - Boston.com :: http://www.boston.com/news/local/massachusetts/2014/01/08/sen-warren-new-mortgage-rules-will-aid-buyers/xxTYjsvmAHHPZgVgOlkqoN/story.html

09-Jan-2014 18:20

Standard Chartered Names Rees Deputy CEO, Medding Departs - Bloomberg :: http://www.bloomberg.com/news/2014-01-09/standard-chartered-names-rees-deputy-ceo-as-meddings-steps-down.html

Far fewer mortgage borrowers 'deeply underwater' - CNN :: http://money.cnn.com/2014/01/09/real_estate/underwater-mortgages/

McKesson Makes Best and Final Offer for Celesio, Increasing Offer Price for ... - Wall Street Journal :: http://online.wsj.com/article/PR-CO-20140109-904262.html

State: Rockford finalist for Boeing assembly plant - KHQ Right Now :: http://www.khq.com/story/24403970/state-rockford-finalist-for-boeing-assembly-plant

Macy's Forecasts Profit Ahead of Estimates Amid Job Cuts (1) - Businessweek :: http://www.businessweek.com/news/2014-01-08/macy-s-forecasts-profit-that-tops-estimates-amid-2-500-job-cuts

Euro stabilizes after sell-off as ECB's Draghi strikes cautious tone - Reuters :: http://www.reuters.com/article/2014/01/09/us-markets-forex-idUSBRE9BJ0EF20140109

JPMorgan Chase plans to exit prepaid card business - Reuters Canada :: http://ca.reuters.com/article/businessNews/idCABREA080XM20140109

Fewest Claims in a Month Show US Labor Market Mending: Economy - Businessweek :: http://www.businessweek.com/news/2014-01-09/jobless-claims-in-u-dot-s-dot-decrease-to-lowest-level-in-a-month

Cockroach Infestation Shutters Livingston Foster Farms Plant - www.TurlockCityNews.com :: http://turlockcitynews.com/news/item/1573-cockroach-infestation-shutters-livingston-foster-farms-plant

Alcoa Unit Pleads Guilty to Bribery, Pay $384 Million - Wall Street Journal :: http://stream.wsj.com/story/latest-headlines/SS-2-63399/SS-2-423214/

09-Jan-2014 17:19

State: Rockford finalist for Boeing assembly plant - KHQ Right Now :: http://www.khq.com/story/24403970/state-rockford-finalist-for-boeing-assembly-plant

EU clears $35 billion Omnicom, Publicis merger - Chicago Tribune :: http://www.chicagotribune.com/business/sns-rt-us-omnicom-publicis-eu-20140109,0,6969910.story

Billionaire Paul Singer's Hedge Fund Accepts McKesson's Higher Bid For ... - Forbes :: http://www.forbes.com/sites/nathanvardi/2014/01/09/billionaire-paul-singers-hedge-fund-backs-mckessons-higher-bid-for-celesio/

US STOCKS-Wall Street to rise after claims data; Macy's jumps - Reuters :: http://in.reuters.com/article/2014/01/09/markets-usa-stocks-idINL2N0KJ15420140109

Janet Yellen: The Sixteen Trillion Dollar Woman - TIME :: http://content.time.com/time/magazine/article/0,9171,2162267,00.html?pcd%3Dpw-magic

Weekly Jobless Claims Fall, Point to Firming Labor Market - Fox Business :: http://www.foxbusiness.com/economy-policy/2014/01/09/weekly-jobless-cliams/?utm_source%3Dfeedburner%26utm_medium%3Dfeed%26utm_campaign%3DFeed%253A%2Bfoxbusiness%252Flatest%2B(Internal%2B-%2BLatest%2BNews%2B-%2BText)

Alcoa Unit to Plead Guilty to Bribery, Pay $384 Million - Wall Street Journal :: http://online.wsj.com/article/SB10001424052702303393804579310382812824444.html

Draghi Strengthens Pledge to Keep Rates Low to Bolster Economy - San Francisco Chronicle :: http://www.sfgate.com/business/bloomberg/article/Draghi-Strengthens-Pledge-to-Keep-Rates-Low-to-5127578.php

Macy's Forecasts Profit Ahead of Estimates Amid Job Cuts (1) - Businessweek :: http://www.businessweek.com/news/2014-01-08/macy-s-forecasts-profit-that-tops-estimates-amid-2-500-job-cuts

Freddie Mac: Home loan rates level off; 30-year fixed at 4.51% - Los Angeles Times :: http://www.latimes.com/business/money/la-fi-mo-freddie-mac-mortgage-rates-20140109,0,620841.story

09-Jan-2014 16:18

Rockford had made shortlist for Boeing 777X plant: state - Chicago Sun-Times :: http://www.suntimes.com/news/metro/24842594-418/rockford-had-made-shortlist-for-boeing-777x-plant-state.html

BlackRock Agrees With N.Y. to End Analyst Survey Program - Bloomberg :: http://www.bloomberg.com/news/2014-01-09/blackrock-agrees-with-n-y-to-end-analyst-survey-program.html

Many economists foresee more strong job gains - USA TODAY :: http://www.usatoday.com/story/money/business/2014/01/09/optimism-grows-for-december-jobs-report/4376535/

Wall Street up after claims data; Macy's jumps - Reuters :: http://www.reuters.com/article/2014/01/09/us-markets-stocks-idUSBREA080LL20140109

Retailers' sales rise in December - CNBC.com :: http://www.cnbc.com/id/101323350

Macy's announces closing of Jamestown Mall store [St. Louis Post-Dispatch :: ] - Businessweek :: http://investing.businessweek.com/research/stocks/news/article.asp?docKey%3D600-201401090904KRTRIB__BUSNEWS_31623_9438-1%26params%3Dtimestamp%257C%257C01/09/2014%25209:04%2520AM%2520ET%257C%257Cheadline%257C%257CMacy's%2520announces%2520closing%2520of%2520Jamestown%2520Mall%2520store%2520%255BSt.%2520Louis%2520Post-Dispatch%2520%253A%253A%2520%255D%257C%257CdocSource%257C%257CMcClatchy-Tribune%257C%257Cprovider%257C%257CACQUIREMEDIA%257C%257Cbridgesymbol%257C%257CUS;M%26ticker%3DM

Euro Weakens After ECB's Draghi Pledges "Decisive Action" - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20140109-706797.html

Publicis Groupe - Omnicom Group: European Commission - MarketWatch :: http://www.marketwatch.com/story/publicis-groupe-omnicom-group-european-commission-2014-01-09?reflink%3DMW_news_stmp

Alcoa in $384 million deal to settle bribery charges - CNNMoney :: http://money.cnn.com/2014/01/09/news/companies/alcoa-bribery/

ObamaCare ads getting air-time during Olympics - Fox News :: http://www.foxnews.com/politics/2014/01/08/obamacare-ads-getting-air-time-during-olympics/