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Business News

Business News continually updated from thousands of sources around the net.

4 hrs ago | Hollywood Reporter

James Gandolfini Death: 'Sopranos' Finale Restaurant Packed by Fans

Holsten's, an ice cream shop in Bloomfield, N.J., that served as the diner setting for the final scene of The Sopranos , was overflowing with James Gandolfini fans on Wednesday night after news spread that the actor had died in Italy at age 51 .

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Related Topix: James Gandolfini, Bloomfield, NJ

8 hrs ago | The Washington Post

Swiss Banks Face U.S. Charges as Parliament Rejects Tax Deal

Swiss parliament rejected a bill designed to resolve a dispute over undeclared bank accounts held by U.S. citizens, potentially setting the stage for American prosecution of the country's banks.

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Related Topix: Tax

12 hrs ago | The Washington Post

Wall Street REIT Success Leaving Hangover Part II: Mortgages

Investors in companies buying mortgage bonds are discovering that coming late to the party can still leave them with the biggest hangover.

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Related Topix: REIT, Home, Mortgage, Personal Finance, Financial Markets, American Capital Strategies, Financial Services, Investment Services

16 hrs ago | News Max

Softbank Sole Bidder For Sprint After Dish Pulls Out

Japan's SoftBank Corp. cleared a major hurdle in its attempt to buy U.S. wireless provider Sprint Nextel Corp, as rival bidder Dish Network Corp. declined to make a new offer after SoftBank sweetened its own bid last week.

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Related Topix: SoftBank, Financial Services, Investment Services, Sprint Nextel, Telecom, IT Services, Federal Communications Commission

20 hrs ago | BroadcastNewsroom

U.S. Census Bureau Daily Feature for June 19

Profile America Wednesday, June 19th. As radio broadcasting matured, the Federal Communications Commission was established on this date in 1934 to regulate use of the airwaves in the public interest.

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Related Topix: Federal Communications Commission, Telecom

Yesterday | The Washington Post

Rising mortgage rates elicit fears they could hurt housing recovery

Mortgage rates have spiked over the past few weeks, rising at the fastest pace since 2010, sparking fears that the housing market could weaken and undermine the country's economic recovery.

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Related Topix: Home, Mortgage, Personal Finance, Ben Bernanke

Tue Jun 18, 2013

The Modesto Bee

Duke Energy names insider to take over for Rogers

Duke Energy Corp., the nation's largest electric utility, named Chief Financial Officer Lynn Good to replace Jim Rogers next month as CEO.

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Related Topix: Duke Energy, Energy, North Carolina

The Washington Post

Rubber Poised for Record Glut as Shippers End Curbs: Commodities

Rubber is headed for the biggest glut on record, prolonging the bear market that began in April, as supply exceeds demand for a third year and Southeast Asian exporters ended curbs on shipments.

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SFGate

Three Navy Football Players Will Reportedly Face Sexual Assault Charges

The woman reported the incident at the time, but later stopped cooperating with investigators, NBC reports.

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KFIV-AM Modesto

Companies Caught Giving 'Obamaphones' To People Looking To Sell Them For Drugs And Cash

The so-called "Obama phone" has caught the ire of American conservatives for quite some time .

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Related Topix: Federal Communications Commission

Ananova

Libor Scandal: Ex-Trader Faces Eight Charges

A former City trader has been charged in connection with the investigation by the Serious Fraud Office into the manipulation of the Libor interbank lending rate.

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Related Topix: Greater London County, England, United Kingdom,

Reuters

Obama pick for top U.S. telecom regulator to face Senate panel

President Barack Obama's choice for chairman of the Federal Communications Commission is expected to face questions about his past work within the telecommunications industry at a Senate confirmation hearing on Tuesday.

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Related Topix: Federal Communications Commission, US Politics, US News, Barack Obama, US Senate, Senator Jay Rockefeller

Mon Jun 17, 2013

Myrtle Beach Online

Chrysler expected to formally refuse Jeep recall

This March 6, 2012 photo provided by the law offices of Butler, Wooten & Fryhofer, LLP shows the scene of a crash in Bainbridge, Ga., where a 4-year-old boy named Remi Walden was burned and died when a Jeep Grand Cherokee was struck from the rear by a Dodge Dakota pickup truck.

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Related Topix: Bainbridge, GA

The Washington Post

IPO-Seeking China Companies Pay More to Avoid Boards Going Naked

The 59-year-old former banker, a Mandarin-speaking American, sits on the boards of five U.S.-listed Chinese companies, including JinkoSolar Holding Co.

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Related Topix: US Securities and Exchange Commission, Financial Services, World News, China

The Washington Post

Porsche-Piech Family Buys Qatar 10% Stake in Porsche Holding

The Porsche-Piech family bought Qatar Holding LLC's 10 percent stake in Porsche Automobil Holding SE to regain full control of the investment company whose only asset is a majority stake in Volkswagen AG.

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Related Topix: World News, Qatar, Middle East, Germany,

Hollywood Reporter

Rob Ford Scandal: Mayor Votes Against Toronto International Film Festival Subsidy

The $950,000 grant passed city council as Toronto police arrested two suspected drug dealers allegedly seen with the embattled politician in an infamous photo.

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Related Topix: Drugs

SFGate

Investors guess Fed's actions, push stocks higher

The U.S. stock market rose in early trading Monday, driven not by any new economic data but by investors counting on the Federal Reserve to extend programs meant to boost the economy.

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Related Topix: Financial Markets, Gaming, Ameristar Casinos

SFGate

Lowe's offers to buy Orchard Supply for $205M

A customer leaves Orchard Supply Hardware store in Mountain View, Calif., in this Jan. 3, 2012 file photo.

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Related Topix: Sears Holdings Corporation, Oil Search, Energy, Oil & Gas, Economics News, Bankruptcy, Mooresville, NC

Myrtle Beach Online

Futures rising ahead of Fed's 2-day policy meeting

Dow Jones futures are up 124 points to 15,112. S&P futures have added 14.3 points to 1,632.70.

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Myrtle Beach Online

Apple details government requests for data

Those requests were made as part of Prism, the recently revealed highly classified National Security Agency program that seizes records from Internet companies.

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