Archive for November, 2012

Court weighs broadcasters' challenge to Diller's Aereo

November 30th, 2012

Court weighs broadcasters' challenge to Diller's Aereo
NEW YORK, Nov 30 (Reuters) – Aereo Inc, an online television
venture backed by billionaire Barry Diller, was scrutinized on
Friday by U.S. appeals court judges who questioned whether the
service was stealing U.S. broadcasters’ copyrighted
programming.
Source
Reuters: Media

Lawmakers press for action in US-China trade talks

November 30th, 2012

Lawmakers press for action in US-China trade talks
WASHINGTON, Nov 30 (Reuters) – Four senior U.S. lawmakers on
Friday pressed for action on longstanding trade irritants with
China, as President Barack Obama’s administration prepares to
host senior…


Source
Reuters: US Dollar Report

GLOBAL MARKETS-US deadlock, data see stocks fall; euro gains

November 30th, 2012

GLOBAL MARKETS-US deadlock, data see stocks fall; euro gains
* Euro higher on European outlook; Spanish, Greek yields
steady


Source
Reuters: US Dollar Report

EBay's double tax base prompts calls for investigation

November 30th, 2012

EBay's double tax base prompts calls for investigation
LONDON (Reuters) – Britain and Germany may have missed out on a combined $1 billion in sales tax since online marketplace eBay picked a tiny Luxembourg office as its base for EU sales, a shift that lawmakers say should now be investigated.
Source
Reuters: Media

INSIGHT-UPDATE 1-EBay's double tax base prompts calls for investigation

November 30th, 2012

INSIGHT-UPDATE 1-EBay's double tax base prompts calls for investigation
LONDON, Nov 30 (Reuters) – Britain and Germany may have
missed out on a combined $1 billion in sales tax since online
marketplace eBay picked a tiny Luxembourg office as its
base for EU sales, a shift that lawmakers say should now be
investigated.
Source
Reuters: Media

Consumer spending, income stall; Sandy a factor

November 30th, 2012

Consumer spending, income stall; Sandy a factor
WASHINGTON (Reuters) – Consumer spending fell in October for the first time in five months and income growth stalled, leading some economists to cut already weak estimates of fourth-quarter economic…


Source
Reuters: Money

Sandy survivors bleed cash as they wait for insurance

November 30th, 2012

Sandy survivors bleed cash as they wait for insurance
NEW YORK (Reuters) – One month ago, John Schreiber’s South Freeport, New York, home became one of more than 300,000 in the state flooded by Superstorm Sandy.


Source
Reuters: Money

Four reasons dividends won't fall off 'fiscal cliff'

November 30th, 2012

Four reasons dividends won't fall off 'fiscal cliff'
CHICAGO (Reuters) – With a tax increase on dividends and capital gains looming, high-dividend paying stocks may hold up well – even if investment income rates climb on January 1.


Source
Reuters: Money

Brazilian heiress files suit to overturn Merrill ruling

November 30th, 2012

Brazilian heiress files suit to overturn Merrill ruling
(Reuters) – A Brazilian banking heiress who netted $3.6 million in a securities arbitration case against Merrill Lynch stemming from alleged unauthorized trades, is trying to overturn parts of that…


Source
Reuters: Money

U.S. gold coins set for strongest November sales in 14 years

November 30th, 2012

U.S. gold coins set for strongest November sales in 14 years
NEW YORK (Reuters) – November sales of U.S. American Eagle gold coins are set to be the strongest in 14 years as uncertainty surrounding the U.S. fiscal crisis and the presidential election triggered…


Source
Reuters: Money