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National Australia Bank Commences Strategic Review Of UK Operations

Fox - News On Business - 17 min 13 sec ago

National Australia Bank Ltd. (NAB.AU) said Tuesday that it is reviewing its U.K. businesses after a deterioration in that country's economic outlook.

Categories: Business News

Like us, chimp can get inside another's head

MSNBC - News On Technology - 20 min 7 sec ago

Chimps know what tools others need to get work done and can help them select the right instruments, suggesting the apes have the ability to understand the minds of others, scientists find.


Categories: Technology News

Republic Moves Closer to Shedding Frontier Airlines

Wall Street Journal - Business - 23 min 8 sec ago
Republic Airways is close to hiring financial advisers to help sell its money-losing Frontier Airlines unit, a move that would end a two-year-old foray by the regional carrier.
Categories: Business News

Inside story of Foxconn shrouded in secrecy

We meet her by chance on the side of a road. She looks the very model of a Chinese factory worker: young, vibrant, dressed in the cheap brand-name knockoff fashions so common of poor rural villages.
Categories: Technology News

Wall Street Tees Up Single-Borrower Commercial Mortgage Bonds

Fox - News On Business - 46 min 28 sec ago

Wall Street dealers are teeing up about $1.8 billion in commercial real estate bonds backed by just a single borrower in the coming weeks as sales of traditional multiloan deals have been scarce, according to investors.

Categories: Business News

Chrysler Super Bowl ad becomes political football

MSNBC - News On Business - 49 min 29 sec ago
“Times when we didn’t understand each other … discord and blame …” Clint Eastwood was reading from a script during this ad for Chrysler on Super Bowl Sunday, but the words also can describe the fallout over the ad.
Categories: Business News

National Bank Of Canada Sells US$600 Million Of Covered Bonds To US Market

Fox - News On Business - 1 hour 3 sec ago

Montreal-based National Bank of Canada (NA.T) sold US$600 million of triple-A-rated covered bonds in the U.S. credit markets Monday, according to a person familiar with the deal.

Categories: Business News

Motorola Seeks Slice of iPhone Sales

Motorola asked Apple to pay a royalty of 2.25% of sales for some iPhones last year, potentially representing billions of dollars in licensing fees.
Categories: Technology News

Motorola Seeks Slice of iPhone Sales

Wall Street Journal - Business - 1 hour 5 min ago
Motorola asked Apple to pay a royalty of 2.25% of sales for some iPhones last year, potentially representing billions of dollars in licensing fees.
Categories: Business News

Calibrate your monitor for the best picture

MSNBC - News On Technology - 1 hour 9 min ago
Here's how to calibrate color on your computer monitor to get the best picture for your needs, be they amateur or professional.
Categories: Technology News

Fidelity National to Acquire Rest of O'Charley's

Wall Street Journal - Business - 1 hour 11 min ago
Title insurer Fidelity National Financial Inc. agreed to buy restaurant company O'Charley's Inc. in a deal that values O'Charley's stock about 42% higher a share than its price as of Friday.
Categories: Business News

Forex Volume Drops for First Time Since 2009

Wall Street Journal News - 1 hour 20 min ago
Global foreign-exchange trading volume dropped for the first time since the financial crisis, according to data released Monday by four major central banks.
Categories: Major News

Citigroup: Risk Of Greek Exit From Euro Has Risen To 50%

Fox - News On Business - 1 hour 24 min ago

Citigroup on Monday raised its estimate of the likelihood of a Greek exit from the euro area over the next 18 months to 50% from a prior range of 25% to 30%, according to the bank's latest "Global Economics View" analysis by economists Willem Buiter and Ebrahim Rahbari.

Categories: Business News

Stocks end lower amid uncertainty over Greece

MSNBC - News On Business - 1 hour 25 min ago
Wall Street closed lower Monday as investors found little reason to extend a five-week rally on lingering uncertainty over whether Greece would accept the terms of a bailout.
Categories: Business News

Honeywell Files Patent Suit Against Nest Labs

Wall Street Journal - Business - 1 hour 27 min ago
Honeywell International claims in the suit that the Nest Labs infringed on patents related to simplified methods for operating and programming a thermostat, including controlling a thermostat with information stored in a remote location and user interfaces that facilitate programming and energy saving.
Categories: Business News

Fed Wednesday To Consider Capital One Plan To Buy ING Direct USA

Fox - News On Business - 1 hour 27 min ago

The U.S. Federal Reserve on Wednesday is slated to hold a meeting to consider Capital One Financial Corp.'s (COF) $9 billion plan to buy ING Groep NV's (ING, INGA.AE) U.S. online-banking business, according to a notice the Fed released Monday afternoon.

Categories: Business News

Foreclosure deal: Closer, but not there yet

CNN - Money and Business - 1 hour 28 min ago
States have until the close of the business day to agree to the latest draft deal aimed at relieving homeowners struggling with mortgages bigger than their home's value.
Categories: Money News

BofA, Deutsche Bank To Refinance OSI Portfolio With $500 Million CMBS

Fox - News On Business - 1 hour 30 min ago

Bank of America Merrill Lynch and Deutsche Bank AG (DB, DBK.XE) are planning to sell $500 million in commercial mortgage-backed securities backed by 261 properties run by OSI Restaurant Partners LLC, known for chain eateries such as Outback Steakhouse and Carrabba's Italian Grill.

Categories: Business News

Netflix launching original series amid competition

MSNBC - News On Business - 1 hour 37 min ago
Netflix is launching its first original series to grow its streaming business and shift its focus away from DVD rentals.
Categories: Business News

Netflix launching original series amid competition

MSNBC - News On Technology - 1 hour 37 min ago
Netflix is launching its first original series to grow its streaming business and shift its focus away from DVD rentals.
Categories: Technology News