Archive for November, 2013

Moody's upgrades Greek credit rating

November 30th, 2013

Moody's upgrades Greek credit rating

A doctor with her son, name not given, takes part in a protest in Athens, Friday, Nov. 29, 2013. Greek state hospitals are functioning with emergency staff as doctors and staff hold a 24-hour strike against planned health cutbacks enforced under the country's harsh austerity program. Unions are angry at the conservative-led government's plans to suspend and reallocate staff as part of its drive to reform the public sector and reduce the budget deficit. (AP Photo/Thanassis Stavrakis)ATHENS, Greece (AP) — Ratings agency Moody's late Friday upgraded Greece's credit rating, citing improved results in the crisis-hit country's economic adjustment program.

Source
Economy News Headlines – Yahoo! News

Canada mortgage insurer sees less risk, despite bubble fears

November 30th, 2013

Canada mortgage insurer sees less risk, despite bubble fears

A condominium building under construction is seen in downtown TorontoCanada's housing agency said on Friday it has set aside less money to cover bad mortgages as the economy improves, even though concerns about a housing bubble persist. The Canada Mortgage and Housing Corp (CMHC) said provisions for claims dropped by C$19 million to C$895 million during the third quarter and were down C$101 million for the first nine months of the year as expectations for bad loans fell. "We have seen improvement in the economic indicators that underlie all of that, so for example, unemployment has improved and home price inflation, which obviously influences the severity of claims, has improved as well," Brian Naish, CMHC's chief financial officer, said on a conference call. Lower net claims helped CMHC boost profit by 20 percent in the quarter to C$452 million, and total insurance in force dipped slightly to C$559.8 billion.

Source
Economy News Headlines – Yahoo! News

Factbox: U.S. holiday shopping surveys – cutting through the noise

November 30th, 2013

Factbox: U.S. holiday shopping surveys – cutting through the noise
For those trying to make sense of who the winners and losers are this holiday shopping season, and what it says about the state of the U.S. economy, there are a plethora of forecasts, estimates and surveys, as well as tons of anecdotal evidence. Investors and Wall Street strategists who follow retail sales provided Reuters with some guidelines to avoid being confused by the deluge of data.
Source
Economy News Headlines – Yahoo! News

Cameron 'turns page' on Dalai Lama row with China visit

November 30th, 2013

Cameron 'turns page' on Dalai Lama row with China visit

Britain's PM Cameron is seen at the Lord Mayor's Banquet at the Guildhall in the City of LondonBy Andrew Osborn LONDON (Reuters) – Britain has put a diplomatic rift with China over the Dalai Lama behind it and Prime Minister David Cameron has no plans to meet Tibet's spiritual leader again, a senior source in his office said ahead of a visit by the British leader to Beijing. Instead, Cameron will use a three-day visit to China next week, his first since the Dalai Lama rift, to focus on deepening trade ties with the world's second largest economy, taking with him a delegation of around 100 business people. We have turned a page on that issue," said the source when asked whether Cameron would raise the issue of Tibet during his trip. Cameron, who is likely to visit Beijing, Shanghai and Chengdu, had been expected to travel to China last autumn.

Source
Economy News Headlines – Yahoo! News

France aims to rein in sex trade

November 30th, 2013

France aims to rein in sex trade
Nov 29 – French lawmakers are to debate a bill aimed at stemming prostitution with steep fines to clients – a radical switch from France’s traditionally tolerant stance that will give it some of the toughest legislation in Europe. David Pollard reports.


Source
Reuters Video: Business

Infomercials Still Tell, And Sell, Product Stories

November 30th, 2013

Infomercials Still Tell, And Sell, Product Stories

The infomercial industry is predicted to hit $250 billion — 1 percent of U.S. GDP. Host Scott Simon speaks with business writer Jon Nathanson about the economics and enduring strength of infomercials.

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Business

Sherman Alexie Wants You To Be A 'Superhero' For Indie Bookstores

November 30th, 2013

Sherman Alexie Wants You To Be A 'Superhero' For Indie Bookstores

Small Business Saturday is this weekend, but for author Sherman Alexie, it’s also Small Bookstore Saturday. He’s encouraging authors across the country to visit their local independent bookstores and put in a shift behind the counter, selling their favorite titles.

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Business

A New Worry Looms Online For The Affordable Care Act

November 30th, 2013

A New Worry Looms Online For The Affordable Care Act

Healthcare.gov is supposed to be mostly fixed by Saturday, but errors in an obscure but crucial form could further disrupt the rollout.

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Business

FCSD1′s new business manager has reached his goal of working for Lander's … – County 10

November 30th, 2013

FCSD1′s new business manager has reached his goal of working for Lander's … – County 10


County 10
FCSD1′s new business manager has reached his goal of working for Lander's
County 10
(Lander, Wyo.) – Fremont County School District 1′s new business manager has reached an objective he has set for his carrier: working for Lander's schools. “This has always been kind of a goal,” Travis Sweeney said in an interview. Sweeney, a

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"new business" – Google News

Rename Kolkata township after S.P. Mookerjee: BJP

November 30th, 2013

Rename Kolkata township after S.P. Mookerjee: BJP
Kolkata, Nov 30 (IANS) The BJP Saturday lauded the Trinamool Congress government’s move to withdraw a bill naming a township here after former chief minister Jyoti Basu. But the party demanded it be named after Jan Sangh founder Shyama Prasad Mookerjee. West Bengal Bharatiya Janata Party (BJP) president Rahul Sinha said naming the township after the “architect of Bengal’s destruction” (Basu) would have been grave injustice to the people.
Source
Stock Markets News Headlines – Yahoo! News