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Business News

Location American Business News for 6 January 2013

Is it time to sell bonds?

News Observer - 6 Jan 2013 05:00
Scott Colbert is a smart bond guy. His Commerce Bond mutual fund has beaten its index for one-, three-, five- and 10-year periods. But these days, he's down on his...
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Brian Penny: New Year, Same Old Banks

The Huffington Post - 6 Jan 2013 23:48
Brian Penny: New Year, Same Old Banks For my New Year's resolution, I want to understand the banks. I have a scientific curiosity about how these banks work. The only way I can think of to truly understand the banks is to dissect one of them.
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Real estate rebound taking hold

Investment News - 6 Jan 2013 09:01
Coming off a strong 2012, financial advisers are sanguine about investing in real estate in 2013, particularly in multifamily real estate investment trusts and REITs that invest in mortgages, as well as select areas of r...
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Big Names Bounce Back

Wall Street Journal - 7 Jan 2013 01:59
Winners' Circle: Mutual funds managed by Bill Miller and Bruce Berkowitz finished first and second, respectively, in our ranking of 2012 U.S.-stock fund performance.
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A Good Year for Stock Funds

Wall Street Journal - 7 Jan 2013 01:59
Quarterly Monitor: U.S.- and international-stock funds generally posted double-digit gains for 2012. But investors continued to pull money out of U.S.-stock portfolios.
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Banks given four more years to introduce minimum liquidity standards Bank of England governor Mervyn King says concessions will allow banks to use reserves to help struggling economies grow Banks have won a significant concession from global regulators after being granted four more years ...
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Investment banks: Gatekeepers no more as crowdfunding changes the game Guest Post Investment Bankers have traditionally been the gatekeepers of access to the capital markets. It is time for crowdfunding to play a greater role.
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The Revolutionary Thinking Behind Go Daddy's Super Bowl Ad With Bar Refaeli Sexy Super Bowl ads may emit a tad less sizzle this go-round -- but two will feature knock-out supermodels. Go Daddy, historically the Super Bowl's raciest advertiser, on Friday will name supermodel Bar Refaeli as its ne...
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How Good Is Your Company's 401(k)?

Wall Street Journal - 7 Jan 2013 01:59
Although it almost always makes sense to contribute enough to get your company match, whether you should put more than that into your 401(k) depends on how good your plan is. Here's what to look for.
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RIM's Next BlackBerry Is Shaping Up To Be A Winner, But It'll Take A Miracle To Make People Care (RIMM) Whether intentional or not, RIM isn't doing a great job at keeping its new BlackBerry phone a secret. Over the last few weeks, there have been several leaks of the BlackBerry Z10, the first device that'll run RIM's new B...
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WATCH: Football Player Strips Naked Against Animal Abuse

The Huffington Post - 7 Jan 2013 01:26
WATCH: Football Player Strips Naked Against Animal Abuse This football player's anti-fur statement is as impressive as his rock hard abs. Former New England Patriot Safety (and brand new New York Jet Safety)...
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ART CASHIN: The End Of The Bond Bull Market Will Be Signaled By A Stampede Bonds have been in a monster bull market for decades. This has plenty of people believing that interest rates have nowhere to go but up. However, we have yet to see a sustained upward move in interest rates, which would ...
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Hacked Off says government can't be trusted to implement Leveson plan Campaign group publishes draft bill which would enshrine press freedom in law and specify standards for self-regulation The Hacked Off campaign, which represents victims of press intrusion, is to publish a draft bill on ...
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McConnell: tax issues over, spending cuts next

Market Watch - 7 Jan 2013 00:46
Senate Minority Leader Mitch McConnell on Sunday declared taxes to be a done deal and said reduced government spending should be the nation's top priority.
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WATCH: Tracy Morgan Saved Us From The Fiscal Cliff

The Huffington Post - 7 Jan 2013 00:41
WATCH: Tracy Morgan Saved Us From The Fiscal Cliff You can thank Tracy Morgan for preventing us from going over the now ubiquitous "fiscal cliff," according to him that is. Morgan cracked up David...
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Lawmakers Hold Serve On Debt Ceiling Divide

The Huffington Post - 7 Jan 2013 00:39
Lawmakers Hold Serve On Debt Ceiling Divide WASHINGTON -- Congressional leaders on Sunday showed no signs of emerging from their corners to resolve the next step in the financial crisis, with Democrats...
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Mitch McConnell draws Republican line in the sand on tax increases Senate minority leader says debt ceiling talks must focus on spending cuts, a day after Obama targets further tax reform The Republican co-architect of the deal which meant America avoided the fiscal cliff has ruled out ...
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Assad rejects international calls to step down

Market Watch - 7 Jan 2013 00:07
Syrian President Bashar al-Assad on Sunday urged Syrians to fight Islamic extremists that he said were destroying the country and rejected international calls that he relinquish power, according to media accounts.
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HBO renews deal with Universal Pictures

Market Watch - 6 Jan 2013 23:58
HBO has renewed an accord with Universal Pictures through the coming decade in an effort to maintain HBO's standing as a premiere cable channel, according to The Wall Street Journal and other media outlets.
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White House Weighing Broad Gun Control Approach

The Huffington Post - 6 Jan 2013 23:44
White House Weighing Broad Gun Control Approach WASHINGTON, Jan 6
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When Leasing A Care Makes More Sense Than Buying

Business Insider - 6 Jan 2013 23:37
When Leasing A Care Makes More Sense Than Buying Dear Driving for Dollars, I have a 1995 car with more than 200,000 miles that finally stopped running -- in the middle of the road -- and I'm thinking it's time to buy something newer. I have a preapproved loan at $18,00...
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New Global Bank Rules Designed To Prevent Future Crises

The Huffington Post - 6 Jan 2013 23:28
New Global Bank Rules Designed To Prevent Future Crises BERLIN (AP) -- International banking regulators have agreed on rules meant to ensure banks keep enough cash in hand to survive future market crises. The...
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