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Business News

Location American Business News for 13 November 2012

The Most Expensive Cheese In The World

The Huffington Post - 14 Nov 2012 00:47
The Most Expensive Cheese In The World As cheeses go, Parmigiano-Reggiano and Camembert are both very pricey. But they don't even hold a candle to pule, an extremely rare cheese made in...
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Time's Person of the Year for 2012: Will It Be Lance Armstrong? Twitter? 'Women'? In 2006, the cover of Time's annual Person of the Year issue was a mirror. This year, it might be a blank, judging from the results of an annual panel discussion the magazine holds to debate the possibilities.
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Virgin Money boss: banks found PPI habit hard to break Jayne-Anne Gadhia told the banking commission that when employed at Royal Bank of Scotland she wanted to pull PPI Banks could have withdrawn payment protection insurance from sale many years ago, the boss of Virgin Money...
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2ndWave Software Seeks Investments

Forbes - 14 Nov 2012 00:35
2ndWave Software Seeks Investments By Chris Campbell
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Brothers Allegedly Stole $5 Million Lottery Ticket

The Huffington Post - 14 Nov 2012 00:24
Brothers Allegedly Stole $5 Million Lottery Ticket SYRACUSE, N.Y. -- Two brothers from central New York who claimed a $5 million lottery ticket sold at their family's store have been accused of...
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Pimco says average stock market returns to drop by half

Investment News - 13 Nov 2012 23:12
Pacific Investment Management Co., manager of the world's largest mutual fund, said returns from U.S. equities will decline from their historic averages over the next decade as the U.S. economy grows at a slower pace.
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Spanish banks to restrict evictions after suicides

The Guardian - 13 Nov 2012 02:31
Spanish banks to restrict evictions after suicides Two-year freeze in cases of extreme hardship as union backs police who refuse to enforce orders Spain's banking association announced on Monday it would freeze eviction orders for the next two years in cases of "extreme ...
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Bureaucracy has become the BBC's dieback disease | Simon Jenkins So unwieldy is its vast, multilayered hierarchy that the corporation has lost all capacity to allocate blame for its mistakes Who is next for the chop? Politicians, journalists and bankers have been butchered in the mark...
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How to Build a Car that Gets 54.5 MPG

Forbes - 14 Nov 2012 01:42
How to Build a Car that Gets 54.5 MPG Here’s a look at 10 techniques and technologies we predict automakers will be employing to help meet proposed federal legislation that would boost their corporate average fuel economies to 54.5 mpg by 2025.
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This article is by Court Crandall, partner of WDCW Advertising and director of Free Throw, WDCW.
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World Record For A Colorless Diamond: 76-Carat Archduke Joseph Diamond Sells For $21.5 Million A large, D-color, Internally Flawless diamond with outstanding pedigree in origin and ownership sold for $21.5 million at Christie’s Geneva Magnificent Jewels auction on Tuesday.
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Christie's Geneva Magnificent Jewels Auction Highlights from the sale held on November 13 that included the 76-carat Archduke Joseph Diamond.
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Ed Davey warns of punitive fines if energy price-rigging claims proven More whistleblowers come forward as gas-price scandal widens amid claims that electricity market has also been distorted The energy secretary, Ed Davey, has warned that energy firms could face swingeing fines and be forc...
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Marco Trbovich: Transitional, Not Transformative

The Huffington Post - 14 Nov 2012 01:19
Marco Trbovich: Transitional, Not Transformative By letting the interests of the financial sector override any sense of what the Preamble refers to as "the general welfare," the world's largest economy has morphed into a model that has little hope of equitably distribu...
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Cisco first quarter EPS, revenue beat Street

Reuters - 14 Nov 2012 01:17
(Reuters) - Cisco Systems Inc reported higher quarterly revenue and earnings that beat average analyst estimates.
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Jason Best: Why Entrepreneurship and Crowdfund Investing Go Hand-in-Hand in Recognition of Global Entrepreneurship Week Crowdfunding will be one of the most transparent, efficient and necessary investment channels in the future. Customers become investors and have a vested interest in the success of a company. But it is only possible beca...
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FDA Wanted To Close Meningitis-Linked Pharmacy In 2003, Report Finds WASHINGTON -- Nearly a decade ago, federal health inspectors wanted to shut down the pharmacy linked to a recent deadly meningitis outbreak until it cleaned...
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Groups Review Environmental Storm Damage After Sandy

The Huffington Post - 14 Nov 2012 01:09
Groups Review Environmental Storm Damage After Sandy HARTFORD, Conn. (AP) — Several government agencies and nonprofit groups have begun assessing the environmental damage inflicted on shoreline areas in Connecticut and other states...
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Top toy picks for the holidays

NBC News - 14 Nov 2012 01:00
Top toy picks for the holidays For its 2012 list, Good Housekeeping's engineers reviewed hundreds of toys for safety and educational merits. But the true test comes from 140 kids, ages 3 to 13, who play with the toys.
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Letters: EU's day of action

The Guardian - 14 Nov 2012 01:00
Today millions of trade unionists across Europe are responding to the European TUC's call for a day of action against the austerity policies which are destroying public services and jobs, and blighting the lives of ordin...
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A panel of federal financial regulators did on Tuesday what the Securities and Exchange Commission failed to do over the summer and#8212; release for public comment a proposal to reform money market mutual funds.
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The Reason Your Co-Workers Are Making You Sick

The Huffington Post - 14 Nov 2012 00:53
The Reason Your Co-Workers Are Making You Sick Beware: there is a very good chance that your coworker is sick and may even be contagious. Close to 80 percent of office workers show...
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