Latest Breaking Business News
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Insurers submit plans for Minnesota health care exchange
Consumers buying health care coverage this fall on Minnesota's new insurance exchange likely will have more choices than are currently available, bringing a spark of competition as health reform rolls out in the months ...
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Wall Street snaps four-week winning streak
U.S. stocks were traded almost flat Friday to end the week lower, snapping a four-week gaining streak amid worries that the Federal Reserve may reduce its stimulus program in ...
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Lobbying in American-US Airways deal focuses on small cities
AAMRQ.PK ), seeking approval for a merger that would create the world's largest airline, are warning lawmakers that a requirement to divest certain airport slots would lead to less service for small and medium-sized cities, sources close to the effort told ...
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As grocers restaurants bicker many U.S. menus still lack calorie counts
The Food and Drug Administration hopes to have the regulations in place later this year. Restaurants would likely have six months from then to ...
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Stalking the wildly cute koala
Opening just in time for Memorial Day weekend, the San Diego Zoo's new Conrad Prebys Australian Outback exhibit has twice as much space as the old koala exhibit, with room for bulldozing wombats, cackling kookaburra and snoozy wallabies. Not to mention more koalas and many more places to watch them do what koalas ...
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Slacker Internet radio picks up the pace
Internet radio outfit Slacker detected a touch of gray in its service last year. The retro/biker dashboard player for Web and mobile listeners essentially had gone unchanged since the San Diego company was founded in ...
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Market Snapshot Bears cite performance chasing as stocks rise
"My experience is when managers are overly focused on performance on a near-term basis, and worried they're missing out, it means they're buying stocks for the wrong reasons," said Brian Belski, chief investment strategist at BMO Capital ...
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Source Xbox Ones Heart-Sensing Tech Not Microsofts Idea
has baked into the forthcoming Xbox One is the new Kinect sensor's ability to read your heart rate, which it does optically using a system similar to (or even based ...
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Scorecard Hows Bill Ackman Doing
(Around the time the consumer products giant announced that Mr. McDonald would retire, Mr. Ackman was speaking with a class of University of Chicago business school students, with his phone off. When he turned it back on, his voice mail in-box was overflowing with ...
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Visa and MasterCard Seek Fee Approval
MasterCard , opening another front in an eight-year battle over credit card fees paid by retailers, on Friday asked a federal judge to declare that the fees do not violate antitrust law. The lawsuit seeks to give the card companies legal ammunition against some retailers who are trying to opt out a proposed settlement under which they would receive a share of $7.2 billion in cash and fee ...
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Google and Microsoft make Windows Phone YouTube app worse while they write a new one
complained about Microsoft's Windows Phone YouTube app, it appears that the two companies are now working together to provide some kind of a solution. In the meantime, however, ...
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News Corp to take charge of up to $1.4 billion this quarter
said on Friday it will write down the value of its Australian and U.S. publishing assets by up to $1.4 billion (925.4 million pounds), as the company prepares to split its business between its newspaper and entertainment operations.The company said the goodwill impairment charge was primarily for its Australia newspapers though it gave no more details. It also said it expected reduced cash flows ...
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After San Onofre ruling nuke-safety group presses advantage
Spurred on by a ruling on the significance of safety problems at the San Onofre Nuclear Generating Station, the international environmental group Friends of the Earth has redoubled efforts to establish trial-like public hearings on a proposal to restart the power ...
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Coast Highway improvements nearly complete
A nearly yearlong overhaul of Coast Highway 101 in Solana Beach is heading down the home stretch, and local merchants -- at least those who survived a drastic drop in business during the construction -- couldn't be ...
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Why Democrats Cant be Trusted to Control Wall Street
Who needs Republicans when Wall Street has the Democrats? With the help of congressional Democrats, the Street is rolling back financial reforms enacted after its near meltdown. According to ...
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Top Ten MarketWatch’s top 10 stories May 20-24
-2.61% shares soared after the company reported financial results that outpaced analyst expectations, but those analysts warned that the "turnaround" tale at the high-tech giant may not have a happy ...
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Jersey Shore Ready for Summer After Sandy
Almost seven months after being devastated by super storm Sandy, the Jersey Shore is looking to rebound as the summer season gets underway this Memorial Day weekend, reports CNBC's Kayla ...
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Microsoft still stamping out used games fire
Xbox reveal , though the company did not unveil every bit of information that customers were waiting for. For instance, we still do not know pricing or release date. However, the biggest urbanlegend in circulation -- that of used games -- is under attack from the console maker. On the day of the big reveal, Larry Hrybtook to his blog to assure users "While there have been many potential ...
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Wall Street Week Ahead Investors look for signs in the rallys break
NEW YORK (Reuters) - The stock market's break in its recent rally this week left investors wondering if they're seeing a turning point or just a blip in the upward ...
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Ex-Virginia bank executives guilty in financial crisis case
(Reuters) - The former chief executive of a failed U.S. bank in Norfolk, Virginia, and three others were convicted Friday on bank fraud conspiracy and other charges for concealing loan losses in a scheme that contributed to he bank's 2011 ...
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Visa MasterCard Strike Back at Swipe-Fee Settlement Foes
Visa Inc. (V) and MasterCard Inc. (MA) are firing back at retail trade groups trying to derail a pending $7.25 billion settlement over so-called merchant swipe fees.The world's largest payment networks asked a federal judge Friday to rule that their practices for setting fees paid by merchants that accept credit and debit cards aren't anticompetitive, which could limit the type of ...
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MARKET SNAPSHOT U.S. Stocks Break Four-week Winning Streak
NEW YORK – U.S. stocks fell for the first week in five as the prospects of the Federal Reserve starting to reduce its bond-buying stimulus rattled a market trading at historic highs.Friday's losses, however, were mild as investors found some support from a stronger-than-forecast report on demand for big-ticket purchases and after the prior session's improvement in jobless ...
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Argentinas Stocks End Lower Blue Dollar Strengthens
Argentine stocks fared poorly Friday in light trading while the black-market dollar continued to strengthen on media reports that banks will further restrict the ability of customers to withdraw cash while overseas.The Merval index fell 1.34% to 3,509.72 in volume totaling ARS31.3 million ($5.9 million).The power company Pampa Energia SA (PAM, PAMP.BA) led the declines, sliding 3.4% to ARS1.14. ...
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ACC leads good economic news at National party convention
The Accident Compensation Corporation's Earners and Work Accounts are now fully funded ACC Minister Judith Collins has told National Party members at their Northern Regional Conference today. Ms Collins' gave party members the "very good news" shortly after Associate Finance Minister Jonathan Coleman gave an opening speech exhorting them to explain to the public how last week's Budget ...
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Wal-Mart turns to green dots to ensure stores stay stocked
Wal-Mart Stores Inc. is seeking to address its stocking problem by linking it to executive pay while developing a green-dot program to let workers know which items to focus on.The retail giant, which has reduced the number of workers at its stores, has struggled recently to keep shelves fully stocked. That, in turn, has hurt sales and driven away frustrated shoppers -- a black eye for a company ...
El Paso Feature
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El Paso still counting cost of storm
El Paso may be counting the cost of last year’s intense hail storm for the next two years according to expert opinions and data released by local insurance companies to El Paso news media.
On September 16th last year a hail storm hit the city causing extensive damage to homes, businesses and cars across the city but with the vast majority of damage centered around East Side. Around 20,000 cars and 10,000 homes were damaged according to the Insurance Council of Texas, which amounted to $150 million. Read more
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