- Australian Futures Rise After U.S. Gains as Crude Sinks @ Bloomberg - 1 hour 16 minutes ago
Australian index futures rose, following gains in U.S. stocks, while the dollar held its decline against the yen on speculation the economic impact of the U.S. government shutdown will spur the Federal ...
- United Technologies Slows Black Hawk on U.S. Shutdown @ Bloomberg - 1 hour 30 minutes ago
The U.S. government shutdown has forced United Technologies Corp.’s Sikorsky Aircraft business to slow production of Black Hawk helicopters and threatens the financial performance of the unit unless it ...
- [video] House to Vote on Individual Spending Bills @ Bloomberg - 1 hour 33 minutes ago
Oct. 1 (Bloomberg) -- "Bottom Line" Host Mark Crumpton reports on the latest top news stories. (Source: Bloomberg)
- Hollande Giving Workers Say in M&A Deepens Fortress-France Image @ Bloomberg - 1 hour 35 minutes ago
Takeovers of French companies, already among Europe’s least targeted, are about to become even less desirable.
- Steelmakers in Sink or Swim Throes as Prices Drop, Solidium Says @ Bloomberg - 1 hour 35 minutes ago
The commodities market will offer scant relief to metal producers struggling with overcapacity and low prices in the coming months, according to the head of Finland’s equity-asset manager.
- Unilever’s Emerging Market Pain Heralds Forecast Cuts @ Bloomberg - 1 hour 36 minutes ago
Asia and Latin America were the salvation for many European companies during the height of the debt crisis. Now, they’re eating into earnings.
- Cheapest Stocks in Egypt Post Best Rally in Year on Army Control @ Bloomberg - 1 hour 36 minutes ago
Egyptian stocks posted their best quarter in a year as increased political stability combined with the world’s cheapest equities lured investors.
- Henkel Chief Sees Four More Difficult Years for European Economy @ Bloomberg - 1 hour 36 minutes ago
Henkel AG Chief Executive Officer Kasper Rorsted said Europe’s economic struggles may last another four years, downplaying the prospect of any imminent recovery.
- Amplats Better Off Keeping Job Cuts Amid Strike, Coronation Says @ Bloomberg - 1 hour 36 minutes ago
Anglo American Platinum Ltd., the largest producer of the metal, will do better to see out the strike at its South African mines than by giving in on planned job cuts, said Coronation Asset Management ...
- [video] Appetite for Risk? These Guys Have It! @ Bloomberg - 1 hour 44 minutes ago
Oct. 1 (Bloomberg) –- On today’s “Weird Wall Street,” Adam Johnson, Trish Regan and Olivia Sterns discuss bizarre stories in business. They speak on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)...
- SunTrust Settles Freddie Mac Mortgage Claims for $65 Million @ Bloomberg - 1 hour 48 minutes ago
SunTrust Banks Inc., Georgia’s biggest lender, agreed to a $65 million settlement with Freddie Mac covering refunds for faulty mortgages.
- AudioCodes Reaches 2-Year High on Sales: Israel Overnight @ Bloomberg - 1 hour 50 minutes ago
AudioCodes Ltd., the Israeli company whose Internet calling technology is used by Microsoft Corp., jumped to a two-year high on speculation annual sales will grow at the fastest pace in three years.
- Facebook Offers Mobile Promotions Aimed at Boosting App Usage @ Bloomberg - 1 hour 53 minutes ago
Facebook Inc., operator of the world’s most popular social-networking service, unveiled a mobile-advertising tool aimed at encouraging people to use applications already installed on their smartphones....
- Shutdown Fails to Hurt Markets as Gauge Advances: Reality Check @ Bloomberg - 2 hours 5 minutes ago
The first U.S. government shutdown in 17 years has done little to dent confidence in markets on speculation that the work stoppage will end in time for lawmakers to tackle the nation’s debt limit.
- Visa Joins MasterCard, AmEx to Make Internet Purchases Safer @ Bloomberg - 2 hours 17 minutes ago
Visa Inc., MasterCard Inc. and American Express Co., the biggest U.S. payment networks, proposed using “digital tokens” instead of account numbers for processing purchases made online and with mobile devices....
- Pacific Ethanol Purchases Sugar From Government to Make Fuel @ Bloomberg - 2 hours 17 minutes ago
Pacific Ethanol Inc., a West Coast producer of the biofuel, said it bought raw beet sugar from the U.S. government to make the additive.
- Mining Buoys Dominican Economic Growth to 2.8% in Quarter @ Bloomberg - 2 hours 18 minutes ago
The Dominican Republic’s economy accelerated in the second quarter as the opening of the country’s biggest mine boosted production in the Caribbean nation.
- West Texas Sour Weakens as Refinery Maintenance Strands Crude @ Bloomberg - 2 hours 22 minutes ago
West Texas Sour crude weakened relative to the U.S. benchmark as refinery maintenance along the U.S. Gulf Coast reduced demand for Permian Basin oil.
- Microsoft Board Said to Consider Mulally in Early Search @ Bloomberg - 2 hours 26 minutes ago
Microsoft Corp. directors have discussed chief executive officer candidates including Ford Motor Co.’s Alan Mulally as they look for a successor to Steve Ballmer, according to people with knowledge of ...
- Fab Tourre Wants Another Chance To Explain @ Bloomberg - 2 hours 28 minutes ago
Fabrice Tourre wants another chance to get in front of a jury again to see if he can avoid the same outcome as the first time he went before a jury.
- BP Wasn’t Prepared for Deepwater Blowout, Witness Says @ Bloomberg - 2 hours 28 minutes ago
BP Plc wasn’t prepared for a blowout at its deepwater Macondo well in the Gulf of Mexico, a safety expert who studied the 2010 oil spill told a judge who is assessing how well the company reacted to the ...
- Berkshire Exercises Goldman Warrant to Get $2.1 Billion Stake @ Bloomberg - 2 hours 29 minutes ago
Warren Buffett’s Berkshire Hathaway Inc. said it will get 13.1 million shares of Goldman Sachs Group Inc. after exercising a warrant tied to a 2008 investment in the Wall Street bank.
- Empire State Realty Raises $929.5 Million in U.S. IPO @ Bloomberg - 2 hours 30 minutes ago
Empire State Realty Trust Inc., whose properties include Manhattan’s Empire State Building, raised $929.5 million in its initial public offering, pricing the shares at the low end of the range.
- [video] We've Stayed on the Menu of Consumers: Hershey CEO @ Bloomberg - 2 hours 31 minutes ago
Oct. 1 (Bloomberg) -- Hershey CEO John P. Bilbrey discusses the company's strategy, the impact of rising cocoa prices and breaking into the Chinese market. He speaks with Trish Regan on Bloomberg Television's ...
- Whole Milk Powder Prices Rise to Five Month High at Auction @ Bloomberg - 2 hours 45 minutes ago
Whole milk powder prices rose to the highest in 5 1/2 months, adding to signs that Fonterra Cooperative Group Ltd. can achieve its increased forecast payment to New Zealand farmers.
- [video] Merck to Fire 8,500 in Strategy Overhaul @ Bloomberg - 2 hours 47 minutes ago
Oct. 1 (Bloomberg) -- On today's "The Roundup," Bloomberg's Trish Regan, Olivia Sterns, Adam Johnson and Julie Hyman wrap up the day’s top market stories on Bloomberg Television's "Street ...
- Energy Future’s Debt Climbs After Making Bond’s Coupon Payment @ Bloomberg - 2 hours 56 minutes ago
Bonds of Energy Future Holdings Corp. climbed after the electricity provider that’s approaching bankruptcy made a planned coupon payment.
- Airline Merger Case to Proceed After U.S. Seeks a Delay @ Bloomberg - 3 hours ago
The U.S. lawsuit seeking to block the proposed merger of AMR Corp. and US Airways Group Inc. will proceed as scheduled after a judge denied a Justice Department request to suspend the case because of the ...
- McDonald’s Stores Trying Loyalty Program @ Bloomberg - 3 hours ago
McDonald’s Corp. franchisees are rolling out an electronic loyalty program in about 570 U.S. locations as stores seek to attract younger customers.
- [video] The Top Ten Stocks for Oct. 1 @ Bloomberg - 3 hours ago
Oct. 1 (Bloomberg) -- Bloomberg’s Adam Johnson, Julie Hyman and Trish Regan report on today’s ten most important stocks including Google, GM, Ford and Walgreen. (Source: Bloomberg)
- Viacom’s Paramount Film Unit Cites Competition for 110 Job Cuts @ Bloomberg - 3 hours ago
Viacom Inc.’s Paramount Pictures plans to eliminate 110 jobs across several departments, citing a competitive climate for moviemaking.
- Arizona Regulators Recommend Rejecting Cut to APS’s Solar Rates @ Bloomberg - 3 hours ago
Arizona regulatory staff recommended rejecting a proposal to reduce the price the state’s largest utility must pay for solar power produced by its customers.
- Greenhill Hires Ex-Goldman Executive Wainstein for Brazil @ Bloomberg - 3 hours ago
Greenhill & Co. hired Daniel Wainstein, Goldman Sachs Group Inc.’s former head of investment- banking in Brazil, to open an office in Sao Paulo, the New York- based advisory firm’s first South American ...
- Samson Investment Said to Withdraw Loan Rate Reduction Request @ Bloomberg - 3 hours ago
Samson Investment Co., an oil and gas producer owned by a group of investors led by KKR & Co., canceled plans to seek a lower rate on a $1 billion covenant- light loan, according to a person with knowledge ...
- Chicago Diesel Falls to 8-Month Low on Toledo Restart @ Bloomberg - 3 hours ago
Chicago diesel fuel tumbled to the lowest level in more than eight months after BP Plc was said to restart units at its Toledo, Ohio, refinery.
- GDF Suez to Operate Uruguay’s First Plant to Import Natural Gas @ Bloomberg - 3 hours ago
GDF Suez, France’s biggest supplier of natural gas, agreed to operate a floating liquefied natural gas import terminal in Uruguay.
- CIBC Issues New Card as Lender Seeks to Expand in Travel Market @ Bloomberg - 3 hours ago
Canadian Imperial Bank of Commerce is offering a new travel rewards credit card designed to help the country’s fifth-biggest bank regain market growth lost to other card issuers.
- Falcone’s Harbinger Group Extends Rally on Leucadia Deal @ Bloomberg - 3 hours ago
Harbinger Group Inc., led by Philip Falcone, rallied in New York trading after his hedge funds said they sold shares to investors led by Leucadia National Corp.
- Prolonged U.S. Government Shutdown Could Delay Mortgage Closings @ Bloomberg - 4 hours ago
A prolonged U.S. government shutdown would mean some home loans won’t be completed because lenders won’t be able to verify borrowers’ income and other data with the Internal Revenue Service and the Social ...
- Bill Gross Says U.S. Will Avoid ‘Catastrophic’ Default on Debt @ Bloomberg - 4 hours ago
Pacific Investment Management Co.’s Bill Gross said the U.S. will avoid a “catastrophic” default on Treasury securities if lawmakers fail to extend the debt limit on the nation’s debt.
- NYC’s Korean Jungsik Gets Two Stars From Michelin Guide @ Bloomberg - 4 hours ago
Jungsik, a New York restaurant whose $155 menu includes mysteriously-named dishes like “Scent of Jeju Island” and “Champs Elysees,” has become the first stateside Korean spot to receive two Michelin stars, ...
- [video] Walgreens' Potential Windfall From Obamacare @ Bloomberg - 4 hours ago
Oct. 1 (Bloomberg) -- Bloomberg's Olivia Sterns explains how Walgreen Co. stands to profit from the Affordable Care Act. She speaks with Julie Hyman on Bloomberg Television's "Money Moves." (Source: ...
- U.S. Seeks Delay of Civil Cases as Government Shutdown Begins @ Bloomberg - 4 hours ago
U.S. Justice Department lawyers from New York to San Francisco are asking judges to delay civil cases as the government partially shuts down, and in Manhattan already won a halt to litigation in all but ...
- Enbridge in Talks With Gas Producers About Canadian LNG Conduit @ Bloomberg - 4 hours ago
Enbridge Inc., Canada’s largest oil transporter, is talking with natural gas producers in British Columbia about building a pipeline to carry supplies to the coast where they will be exported to Asia.
- [video] Ford Plans for Alan Mulally to Remain CEO @ Bloomberg - 4 hours ago
Oct. 1 (Bloomberg) -- Matt Miller reports on Ford's plans to keep Alan Mulally on as CEO of the company. Miller speaks with Deirdre Bolton on Bloomberg Television's "Money Moves." (Source: Bloomberg)...
- Zagat Names East Village Barbecue Joint Top New NYC Spot @ Bloomberg - 4 hours ago
Mighty Quinn’s, an East Village barbecue spot run by a former hedge funder, was named New York’s best new restaurant by the Zagat survey today.
- Mercedes Widens Luxury Lead by Giving the Devil His Due @ Bloomberg - 4 hours ago
Daimler AG’s Mercedes-Benz sold more than 2,300 of its $29,900 CLA coupe in its first week of availability, helping the brand post a 6.7 percent September gain and widen its U.S. luxury-vehicle lead.
- U.S. Cable Television Ratings for the Week Ended Sept. 29 @ Bloomberg - 4 hours ago
The following table lists the top 40 cable television shows for the week of 09/23/13 through 09/29/13. Programs are ranked by rating in descending order.
- House Republicans’ Plan to Break Impasse Draws Criticism @ Bloomberg - 4 hours ago
A House Republican proposal to break a stalemate over federal spending was swiftly criticized by Democrats and White House officials, extending the impasse that forced the first U.S. government shutdown ...
- NBC Football Carries Network to New-Season Ratings @ Bloomberg - 4 hours ago
NBC claimed the first-week victory in audience ratings in the age group sought by advertisers for the new TV season, carried by “Sunday Night Football” and “The Voice,” the network’s singing competition....