WASHINGTON - The US trade deficit narrowed in October with oil sales helping exports rise 1.8 percent to a record high of $192.7 billion in October over previous month, the US Commerce Department has said. Bureau of Economic Analysis of the Department of Commerce announced Wednesday that total October exports of $192.7 billion and imports of $233.3 billion resulted in a 5.4 percent drop in ...
NEW YORK -- Stocks are mostly lower on Wall Street in early trading as retailers report poor results. Aeropostale, Francesca's Holdings and The Wet Seal fell early Thursday after reporting lower income or issuing earnings forecasts that disappointed investors. Costco fell after reporting that its sales grew last month at a slower rate than analysts were anticipating. L Brands, the owner ...
- Investors are demanding a higher-than-average yield to buy Uranium One Inc. bonds amid concern the world’s fourth-largest miner of the commodity is taking on too much debt with uranium prices close to eight-year lows. Uranium One, whose remaining shares were acquired in October by a unit of Russia’s state nuclear company, is seeking to sell $350 million of five-year notes at a ...
NEW YORK -- Stocks are mostly lower on Wall Street in early trading as retailers report poor results.Aeropostale, Francesca's Holdings and The Wet Seal fell early Thursday after reporting lower income or issuing earnings forecasts that disappointed investors. Costco fell after reporting that its sales grew last month at a slower rate than analysts were anticipating.L Brands, the owner of ...
NEW YORK (MarketWatch) -- U.S. stocks leaned lower on Thursday, putting the S&P 500 and Dow Jones Industrial Average on pace for a fifth straight down day, as better-than-expected readings on employment and economic growth boosted bets that a stimulus reduction could come this ...
Winds: From the WNW at 5.0 MPH Gusting to 16.0 MPH
Salvatore Giuliano [DVD]
Franceso Rosis Salvatore Giuliano is an Italian JFK, but without Oliver Stones criticism-inducing visual and theoretical hyperbole.Unlike Stone, Rosi is a more nuanced and rigorous political filmmaker. What they have in common, though, is that they are both inter ... ...
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NEW YORK (MarketWatch) -- Treasury prices fell on Thursday after a round of economic data lifted investor expectations that the Federal Reserve could pull back on its bond-buying program soon, but some unsavory details in the report helped keep a lid on ...
Costco's sales at stores open at least a year rose 2 percent in November, missing Wall Street's expectations for a period that included the critical Black Friday holiday shopping ...
Don't fret if a stranger next to you on the plane is drawing a blue-faced Frankenstein. He might be the parent who's discovered his business trips are more fun when he gets to finish his children's drawings at 35,000 ...
At IIT-Roorkee, 600 out of 1,600 students applied for job at Flipkart. 'Our USP is clear--those who join us can grow at a pace that is unmatched in the industry,' says founder Sachin ...
NEW YORK Dec 5 (Reuters) - U.S. stocks opened slightly lower on Thursday as traders fretted that strong labor market and economic growth data could make the Federal Reserve push forward a timetable to wind down its asset purchases program.The Dow Jones industrial average fell 24.34 points, or 0.15 percent, to 15,865.43, the S&P 500 lost 2.24 points, or 0.12 percent, to 1,790.57 and the Nasdaq ...
Nairobi, Kenya: Two people including a Nigerian were Thursday afternoon arrested while trying transport US$1.5 million in fake currencies along Kirinyaga Road, ...
With a mixed batch of economic data leading to some uncertainty about the outlook for the Federal Reserve's stimulus program, stocks showed a lack of direction throughout the trading day on Wednesday before closing roughly flat.The major averages finished the day on opposite sides of the unchanged line. While the Nasdaq inched 0.80 points or less than a tenth of a percent to 4,038.00, the ...
Stocks showed a notable move to the downside at the start of trading on Wednesday, extending the downward trend seen over the past few sessions. The major averages all slid into negative territory, pulling back further off their recent highs. The major averages have climbed off their lows for the young session but currently remain in the red. The Dow is down 52.95 points or 0.3 percent at ...
NEW YORK (MarketWatch) -- Investors signaled their excitement over a deal between Apple Inc. and China Mobile Ltd. that would increase the American technology company's presence in ...
Dec 5 (Reuters) - Kroger Co, the biggest U.S. supermarket operator, on Thursday posted a lower third-quarter profit that matched Wall Street's view, as it continued to appeal to loyal shoppers with competitive prices.The Cincinnati-based company that owns the Ralphs, Smith's and Food 4 Less chains said net income was $299 million, or 57 cents per share, down from $317 million, or 60 ...
When it comes to Iran's nuclear weapons program, the only difference between them is this: Ahmadinejad was a wolf in wolf's clothing, Rouhani is a wolf in sheep's clothing, a wolf who thinks he can pull the wool over the eyes of the international community.
The chief lobbyist for the National Retail Federation was speaking about talks to end the U.S. government shutdown.
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Sheraton Yankee Trader Hotel, Fort Lauderdale Beach
I had mixed feelings coming back to this old hotel. I had been staying there on-and-off for 20 years, and ...Keep reading
DETROIT - Detroit, once the nation's fourth largest city, is eligible to file for the largest municipal bankruptcy in U.S. history, a judge ruled Tuesday, underscoring the city's dire financial condition.
In ruling that Detroit was eligible to reorganize under federal bankruptcy law, Judge Steven W. Rhodes said the city met every test of insolvency, including failing to pay its debts and being unable to provide a minimum level of basic services to its 680,000 residents.
"This once proud and prosperous city can't pay its debts," the judge said. "It's insolvent. It's eligible for bankruptcy. But it also has an opportunity for a fresh start."
City unions and other creditors are expected to appeal the ruling, but the case will continue to move forward, with the next step being the city filing a "plan of adjustment." It is unclear, however, what portions of the judge's ruling may be appealed.
Under the ruling, the vastly diminished city, once the cradle of the American auto industry, will be allowed to search for a way to pay off some portion of its debts and to restore essential services to tolerable levels under court supervision.
The goal, according to Kevyn Orr, an emergency manager appointed by the state of Michigan, is to emerge from court protection next year with a formal plan for starting over. ...
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