Industry News
Obama Tax Revamp Seeks 28% Corporate Rate - Wall Street Journal
 Los Angeles Times | Obama Tax Revamp Seeks 28% Corporate Rate Wall Street Journal By JEFFREY SPARSHOTT And SIOBHAN HUGHES WASHINGTON—The Obama administration on Wednesday proposed a tax overhaul that would lower the maximum rate companies pay, though some businesses said the effort doesn't go far enough and Republicans called the ... Money Minute: Businesses seek loophole in tax cut [Video] Obama Administration Proposes Corporate Tax Rate Cut to 28% Obama: Slash corporate tax breaks |
Home resales at 1-1/2 year-high, supply falls - Reuters
 Los Angeles Times | Home resales at 1-1/2 year-high, supply falls Reuters By Lucia Mutikani | WASHINGTON (Reuters) - US home resales rose to a 1-1/2 year high in January, pushing the supply of properties on the market to the lowest level in almost seven years in a hopeful sign for the housing sector. Sales of Existing Homes Rise 4.3% Sales of previously occupied homes rose 4.3 pct. in January, highest level in ... Distressed Properties Help Boost US Home Sales: Economy |
Stocks edge lower as worries persist over hammering out details in Greece's ... - Washington Post
 MiamiHerald.com | Stocks edge lower as worries persist over hammering out details in Greece's ... Washington Post NEW YORK — US stocks fell Wednesday as investors worried over the details of a new bailout plan for Greece. The Dow Jones industrial average lost 5 points to 12960 just after 2 pm Eastern. The day before, it briefly touched 13000 for the first time ... U.S. stocks fall as Europe frets over Greece Stocks fall as Europe frets over Greece US Stocks Fall as Europe Frets Over Greece |
GLOBAL MARKETS-Growth concerns hit stocks, oil at 9-month high - Reuters
 National Post | GLOBAL MARKETS-Growth concerns hit stocks, oil at 9-month high Reuters * World stocks lower, while bond prices rise * Euro zone PMI data raises question over economic recovery * Brent crude oil prices jump on Iran supply worries By Caroline Valetkevitch NEW YORK, Feb 22 (Reuters) - Global stocks slipped and the euro was ... Eurozone Data Drive Markets Down Growth concerns hit US stocks, oil at 9-month high Emerging-Market Stocks Drop as Output Contracts in Europe, China |
Wall St loses steam after Dow crosses 13000 - CNBC.com
 Globe and Mail | Wall St loses steam after Dow crosses 13000 CNBC.com NEW YORK (Reuters) - Stocks ended little changed on Tuesday, paring gains after the Dow topped 13000 for the first time since May 2008, and as higher oil prices damped prospects for the economy. Greece's securing a bailout to avoid a disorderly default ... Dow Climbs Back Near Unchanged Line US STOCKS-Wall St set to open higher after Greece deal Stocks Gain on Greek Bailout |
Amazon Pulls Publishing Group's Titles - Wall Street Journal
Amazon Pulls Publishing Group's Titles Wall Street Journal By JEFFREY A. TRACHTENBERG Amazon.com Inc. has pulled from its Kindle e-book store nearly 5000 titles distributed by a group representing more than 500 independent publishers following a dispute over terms. Amazon stopped selling the Kindle titles ... Amazon Yanks 5000 Kindle IPG Titles In Fight Over Terms Amazon pulls 5000 titles from Chicago-based indie distributor Amazon kills Kindle titles from Chicago publisher IPG |
UniCredit wins dismissal in Madoff case - Financial Times
 Dalje.com | UniCredit wins dismissal in Madoff case Financial Times By Brooke Masters and Rachel Sanderson UniCredit and its former chief executive have won the dismissal of the most serious claims filed against them by the trustee seeking compensation for victims of Bernard Madoff, the convicted financier. Judge tosses another claim in Madoff case Trustee Says Mets Saw Madoff as House Money Why Rakoff dumped Picard's $60 bln RICO case v. Unicredit |
Altria Looks to Lure Customers With Tobacco Innovation - Fox Business
Altria Looks to Lure Customers With Tobacco Innovation Fox Business Today's smokers are more open to trying different types of tobacco than smokers of previous generations, and Altria Group Inc is working on new products to entice consumers who want a change from cigarettes, the company said. The company, best-known ... Altria seeks to tap wide-ranging tobacco users |
Greece pores over bailout laws amid protests - Reuters
 ABC News | Greece pores over bailout laws amid protests Reuters * Fitch downgrades on bond swap scheme * Thousands demonstrate in central Athens * Lawmakers to debate launching debt swap By George Georgiopoulos and Harry Papachristou ATHENS, Feb 22 (Reuters) - Trade unionists, communists and pensioners angry at ... Euro Zone Ready To Support Greece Beyond 2015 - Greek Fin Min Germany fights eurozone firewall moves Greek finance minister: New loan deal 'binds Greece to euro' and shields ... |
Weak euro zone data weighs on European shares - Reuters
 Business Today | Weak euro zone data weighs on European shares Reuters By Joanne Frearson | LONDON (Reuters) - European shares fell on Wednesday for the second consecutive session as euro zone purchasing managers data suggested the region could tip into recession and potentially have a knock-on effect to company profits. WSJ: European Stocks End Lower On Data, Greece Skepticism Asian Stocks Rise as Exporters Climb, Alibaba Soars on Buyout Asia Stocks Fall 2nd Day on Oil, Concern Greek Rescue Won't Solve Crisis |
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