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Business News

Location American Business News for 4 November 2012

Survey: American Funds rates high among advisers

Investment News - 4 Nov 2012 15:01
Despite three-plus years of outflows stemming from lackluster performance by its largest mutual funds, American Funds remains a force when it comes to financial advisers' loyalty, according to a new study by Cogent Resea...
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Trading website Interactive Investor sees value climb to £25m The financial information and trading website Interactive Investor has been valued at £25m after a new fundraising designed to take advantage of upcoming regulatory changes.
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Infographic: The Four Most Common Mobile Deployment Strategies With mobile devices flooding businesses from every corner of the organization, CIOs must act proactively to set policies to manage them. This is the next frontier in the fight against corporate security breaches. With th...
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HONG KONG (Reuters) - International Lease Finance Corp (ILFC), the aircraft leasing arm of American International Group Inc , has shrugged off threats from a growing number of domestic players in China, its biggest singl...
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SHANGHAI (Reuters) - For all the hopes that China's forthcoming leadership change will herald a new wave of market reforms, foreign bankers don't expect to get the level playing field they crave any time soon.
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Countdown To Election 2012: The Homestretch Scenes from the final days of the campaign trail.
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NEW YORK (Reuters) - The U.S. housing market is on the mend, but the so-called "missing piston" of the world's biggest economy doesn't have enough power to get the broader recovery firing on all cylinders any time soon.
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NEW YORK (Reuters) - The U.S. housing market is on the mend, but the so-called "missing piston" of the world's biggest economy doesn't have enough power to get the broader recovery firing on all cylinders any time soon.
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TOKYO (Reuters) - For most companies, trebling quarterly profit to almost $3 billion and outselling all global rivals would be welcome news. But for Toyota Motor Corp , Japan's biggest car maker, it's still too early to ...
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Bank of England set to brush off calls to pump more funds into economy With inflation outstripping wages and a raft of benefit cuts to due in 2013, household incomes are likely to shrink, analysts warn The Bank of England will resist calls this week to pump extra funds into the economy desp...
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Photos: Tim Allen Buys $1.4M Home

ABC News - 5 Nov 2012 00:29
Photos: Tim Allen Buys $1.4M Home The Los Angeles home features three bedrooms and two and a half baths.
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Apple Inc. is paying a rate of only 1.9 percent income tax on its earnings outside the U.S.
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PARIS (Reuters) - The French government could propose cutting labour charges for selected sectors and companies as part of its plan to kickstart competitiveness, the junior minister for small and medium-sized business sa...
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FRANKFURT (Reuters) - German engineering conglomerate Siemens will have to take additional gross writedowns of more than 250 million euros ($321.13 million) on the solar business that it is exiting, a German paper report...
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HSBC sets aside further £500m for US money laundering fines Provision is more than double amount initially allocated and underscores seriousness of UK bank subsidiary investigations HSBC will set aside an extra £500m to cover fines for alleged money laundering by its US arm wh...
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Sandy victims eager to get back to the office

NBC News - 4 Nov 2012 23:53
Sandy victims eager to get back to the office Nearly every office dweller fantasizes about the joys of working from home. But Superstorm Sandy has created legions of people who can't wait to get back to the office.
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From welfare mom to successful professional

NBC News - 4 Nov 2012 23:50
From welfare mom to successful professional Contrary to the stereotypes, nobody wants to be a welfare mother. One woman explains how she accepted assistance and ultimately climbed out of poverty.
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Apple paid less than 2% tax on overseas profit last year US-based consumer electronics giant paid just $713m in overseas corporation tax on profits of $36.87bn Apple paid less than 2% tax on profit made outside the United States last year. The iPhone and iPad maker paid $713m ...
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Disruptions: Twitter’s Efficient Role in Guarding the Truth During Hurricane Sandy, social media both delivered and distorted the story.
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NASCAR's drive for diversity

CNN - 4 Nov 2012 23:12
Seventeen men and women are finalists at this year's NASCAR Drive for Diversity Combine.
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LONDON (Reuters) - In the politically packed days ahead, an election, a coronation and a two-part parliamentary vote each has the potential to alter the course of the global economy for years to come.
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Heavy rain, winds seen for Sandy-hit areas

Market Watch - 4 Nov 2012 23:02
Weather forecasters are predicting heavy rain and strong winds plus the possibility of snow along parts of the East Coast by Thursday, including areas still recovering from superstorm Sandy; 40,000 homeless in NYC.
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