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China Stocks Tumble for Second Straight Day
New York Times
HONG KONG — Chinese stocks continued to sell off Tuesday amid intense investor nervousness about the lingering impact of a cash crunch that Beijing hoped would rein in soaring lending growth and the financial risks that have accompanied it.
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Fed Presidents Stress Stimulus to Persist
Bloomberg
Two Federal Reserve presidents who differ over the need for more stimulus emphasized that monetary policy remains accommodative, less than a week after a timeline to reduce bond purchase jolted financial markets. "What we're talking about here is dialing ...
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Mass Layoffs at a Top-Flight Law Firm
New York Times
Two former employees of Weil, Gotshal & Manges leaving the General Motors building in New Robert Caplin for The New York TimesTwo former employees of Weil, Gotshal & Manges leaving the General Motors building in New York City after layoffs were ...
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FOREX-Yen gets upper hand as China markets roiled by credit crunch fears
Reuters
Tue Jun 25, 2013 2:33am EDT. * Dollar index retreats from near three-week highs. * Fed officials play down fears of imminent stimulus withdrawal. * U.S. data in focus later in the session. By Lisa Twaronite. TOKYO, June 25 (Reuters) - The yen's safe-haven ...
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Emerging Stocks Drop to 19-Month Low as Chinese Equities Tumble
Bloomberg
Emerging-market stocks fell for a sixth day to the lowest level in 19 months and currencies weakened as Chinese shares extended a bear market decline on concern tight credit will deepen the nation's economic slowdown. The MSCI Emerging Markets Index ...
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Late Auto-Loan Payments Edged Higher in...
ABC News
Banks are increasingly extending auto-loan financing to borrowers with less-than-sterling credit, a trend that's contributing to a higher rate of missed loan payments. The rate of U.S. auto-loan payments late by 60 days or more rose to 0.88 percent in the first ...
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Adidas' shoe makes you feel like you're 'floating'
USA TODAY
PORTLAND, Ore. — Looking for a little extra spring in your step? Need some extra energy when you don't feel like you can go any longer? Sure, more exercise might help, but Adidas believes its latest shoe, the Springblade, also can give you a boost.
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Squirrel causes Wichita power outage
Businessweek
WICHITA, Kan. (AP) — One small rodent is getting the blame for a massive power outage in southern and eastern sections of Wichita. KAKE-TV reports (http://bit.ly/135zFpa ) nearly 10,000 customers of Westar Energy were affected by the outage Monday ...
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KKR to buy clinical trials firm PRA International
Reuters
Mon Jun 24, 2013 4:48pm EDT. (Reuters) - Funds managed by KKR & Co LP will buy clinical research group PRA International from Genstar Capital LLC for an undisclosed amount, PRA said on Monday, underscoring growing private equity interest in the ...
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Court declines to hear challenge to EPA's stance on E15 gasoline
The Detroit News
Washington — Automakers face an uphill battle to block the use of a higher blend of ethanol fuel after the U.S. Supreme Court on Monday declined to reverse the Environmental Protection Agency's decision to approve a higher blend of ethanol for vehicles ...
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Dollar rises vs. euro as Treasury yields climb
MarketWatch
LOS ANGELES (MarketWatch) — The U.S. dollar gained against the euro Tuesday, with a rise on the yield of the benchmark U.S. Treasury note strengthening the greenback's appeal. The ICE dollar index , which measures the U.S. unit against six other major ...
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Deals in the Works Involving 2 Luxury Retailers
New York Times
High-end fashion still has plenty of appeal for Wall Street as two of the biggest luxury brands tested their worth to the market. The private equity owners of Neiman Marcus, one of the country's most upscale department stores and the owner of Bergdorf ...
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Ousted Men's Wearhouse founder Zimmer quits board
USA TODAY
NEW YORK (AP) — Ousted Men's Wearhouse founder George Zimmer has quit the company's board. Zimmer was fired as the company's executive chairman last week. On Monday he submitted a letter resigning from the board. Zimmer says in the letter that ...
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Moody's Revises VeriFone Outlook to Negative
Wall Street Journal
Moody's Investors Service revised its ratings outlook on VeriFone Systems Inc. (PAY) to negative following a leadership shake-up that came after perceived missteps by the card-payment-systems company. Moody's initiated a review for downgrade in March ...
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US Unveils Health Care Web Site and Call Center
New York Times
WASHINGTON — The Obama administration announced new steps to expand coverage under the federal health care law on Monday, less than a week after the Government Accountability Office, a nonpartisan investigative arm of Congress, found that the ...
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$11.5M Picasso seized by US authorities for Italy
Wall Street Journal
NEW YORK — A 1909 Pablo Picasso painting titled "Compotier et tasse," or "Fruit bowl and cup," with an estimated worth of $11.5 million will be held by U.S. authorities for the Italian government pending the outcome of criminal proceedings against its owner ...
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McDonald's drops halal food from US menu
USA TODAY
After a contentious lawsuit, eatery yanks two chicken items at two Detroit-area locations popular with Muslims. GAN MCDONALDS HALAL LAWSUIT 020413. Dearborn, Mich., attorney Majed Moughni, holding a McChicken sandwich at McDonald's on Ford ...
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ETF Tracking Errors in Rout Shows Access Comes With Risks
Bloomberg
Investors lured to exotic assets by the convenient access that exchange-traded funds provide were reminded last week that they can't dodge the volatility or illiquidity of those markets. Dozens of ETFs, mainly those tracking emerging-market stocks, sold at big ...
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Studies Find Methane in Pa. Drinking Water
ABC News
New research in Pennsylvania demonstrates that it's hard to nail down how often natural gas drilling is contaminating drinking water: One study found high levels of methane in some water wells within a half-mile of gas wells, while another found some serious ...
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ICE Wins EU Formal Antitrust Approval to Purchase NYSE Euronext
Bloomberg
IntercontinentalExchange Inc. (ICE) won European Union approval to take over NYSE Euronext (NYX) after EU regulators said the deal wouldn't harm competition. The deal was cleared today by the European Commission, which checks for antitrust issues ...
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Corn, Wheat Advance as Rains in Midwest May Curb US Acreage
Bloomberg
Corn advanced for the first time in four days as rains persisted in Iowa, the largest U.S. producer. Wheat also rose while soybeans fell. Corn for delivery in December climbed as much as 0.6 percent to $5.4975 a bushel on the Chicago Board of Trade, after ...
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WB to conduct mapping of renewable energy sources
DAWN.com
ISLAMABAD, June 24: Pakistan is joining a new World Bank programme which would carry out mapping of renewable energy resources, producing for the first time rich and nationwide data for the country. The government has requested the support of the ...
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Market angst pushes stocks into 'pullback' territory
USA TODAY
Pullbacks of 5% or more are considered normal. But with stocks in an early summer swoon and angst over the Federal Reserve's plan to pull back on stimulus, investors wonder when the selling will end. nyse trader. A trader works in a booth on the floor of the ...
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Obama Said to Solicit States on Cutting Carbon Emissions
Bloomberg
The Obama administration plans to solicit ideas from states on how to cut greenhouse-gas emissions as it seeks to impose standards for carbon dioxide on new and existing electric-power plants, according to people briefed on the plans. President Barack ...
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UPDATE 3-Whiting to sell oilfield stakes to BreitBurn for $859.8 mln
Reuters
Mon Jun 24, 2013 2:35pm EDT. * BreitBurn says deal to help double liquids output in 4th qtr. * Whiting to invest in Permian basin, Rocky Mountains regions. * BreitBurn shares fall as much as 7 percent. By Swetha Gopinath. June 24 (Reuters) - Whiting ...
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Another Boeing 787 flight cut short on United
Businessweek
DALLAS (AP) — Mechanical glitches that caused three United Airlines flights to be cut short in the past week might have gotten little notice except for one detail: All the planes were Boeing 787s. The 787, which Boeing calls the Dreamliner, faces more scrutiny ...
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Blogs10 new results for Finance
 
China, Europe Add Fuel to U.S. Sell-Off | Breakout - Yahoo! Finance
From the blog Breakout: "Deleveraging Everywhere." It doesn't get much more concise than and it is exactly how Stifel Nicolaus trader Dave Lutz begins his morning missive to clients today. For others, the sheer volume of things suddenly ...
Yahoo! Finance: Breakout
Finance blogger wisdom: undervalued follows | Abnormal Returns
By abnormalreturns
Share on StockTwits Abnormal Returns is on hiatus this week. However that does not mean that we are content-free. As we did last year, and the year [...]
Abnormal Returns
Nigeria leads African banking sector - Axe Finance - Vanguard News
By ojiego
International software company, Axe Finance, has described Nigeria as Africa's leading IT innovative country in the banking sector with modern infrastructure and a robust customer base. In a chat with Vanguard at a workshop organised for ...
Vanguard News
The future of solar financing— Tech News and Analysis - GigaOM
By Adam Lesser
The complex world of solar financing has led to some serious startup innovation in the space. But as the sector grows up will it become a vertical or a horizontal play?
GigaOM
European Finance Ministers struggle with banking reform | neurope.eu
By dillon
ECOFIN, the Council formation of finance ministers met last Friday and Saturday in Luxembourg. An exchange of views on Saturday resulted in an impasse, as the ministers failed to agree on new bank bailout procedures.
Articles
Finance Minister Says Ruble Devalution Not on Agenda | Business ...
By The Moscow Times
Finance Minister Anton Siluanov said that there are no plans to devalue the ruble, despite claims he made last Tuesday that a weaker currency could boost revenues and growth.
The Moscow Times
Finance in Jersey is highly commended « This Is Jersey
By News Desk
THE Island has been knocked off its perch at the top of the best international finance centres in awards announced last week.
This Is Jersey » This Is Jersey
Uniting Islamic Finance and Halal at Conferences | Amilin TV
By admin
One of the interesting developments in the Islamic finance conferencing arena has been the introduction of topical issues from the $2.1 trillion halal industry. Is it because there is no 'new new' in Islamic finance or the realisation that Islamic ...
Amilin TV
Plymouth: Town Moderator discusses new appointments to the ...
By WATD Web Editor
ShareTweet Interview: Plymouth Town Moderator Steve Triffletti joins Dave Skill to discuss new appointments to...
95.9 WATD FM
ELFA - INDUSTRY NEWS - Equipment Leasing & Finance Association
Washington, D.C. – As the economy improves and as equipment leasing and finance companies prepare for the upcoming lease accounting changes, more are upgrading their technology—front end, back end, and enterprise-wide. The 2013 ...
ELFA Online Industry News

Web9 new results for Finance
 
The United States Senate Committee on Finance: Hearings - High ...
High Prices, Low Transparency: The Bitter Pill of Health Care Costs. Watch Now. United States Senate Committee on Finance Tuesday, June 18, 2013, 10:00 ...
www.finance.senate.gov/hearings/hearing/?id=12b343eb...
Ethica Retains Leading Islamic Finance Scholar - PRWeb
One of South Africa's leading Islamic finance scholars, Mufti Ismail Ebrahim Desai, joins Ethica Institute of Islamic Finance in Dubai as a Shariah Advisor.
www.prweb.com/releases/Islamic.../prweb10867351.htm
Islamic finance lobby plans regional network - Al Arabiya
A Bahrain-based association which lobbies on behalf of Islamic finance says it plans to expand beyond the Gulf, so that it can shape rules and practic.
english.alarabiya.net/.../Islamic-finance-lobby-plans-regional-...
Treasurer candidates file campaign finance reports - Herald Standard
Second quarter campaign finance reports reveal three of the eight candidates seeking the Democratic nomination for the Fayette County treasurer's position ...
www.heraldstandard.com/.../article_7decdf1b-7053-5f90-828...
RPT-Market Chatter-Corporate finance press digest | Reuters
June 25 (Reuters) - The following corporate finance-relatedstories were reported by media on Tuesday:* Carrefour SA, the world's second largestretailer, ...
www.reuters.com/.../market-chatter-idUSL2N0F105A2013062...
British Finance Ministry Suggests Army Spending... | Stuff.co.nz
When the chief enforcer for Britain's finance ministry suggested the army should cut spending further because it had more horses than tanks, he provoked an ...
www.stuff.co.nz/.../Brit-finance-ministry-suggests-spending-cu...
Video: Mayor Ford 'very frustrated' after meeting with finance minister
Toronto Mayor Rob Ford showed his frustration following a meeting with Ontario Finance Minister Charles Sousa on Monday. The province plans to cut $150 ...
www.680news.com/.../video-mayor-ford-very-frustrated-after...
The Finance Quarter - The Finance Quarter - ABC News (Australian ...
In this episode, with the end of the financial year upon us, we discuss the tax changes we should all pay attention to, and look at a car designed to help you ...
www.abc.net.au/news/2013-06-25/the-finance.../4778836
Some Much-Needed Remedial Public Finance Economics for David ...
Some Much-Needed Remedial Public Finance Economics for David Cameron and other Statists. Monday, June 24, 2013 23:11. % of readers think this story is ...
beforeitsnews.com/.../some-much-needed-remedial-public-fina...


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