| By Michele Kambas NICOSIA (Reuters) - The IMF said on Friday that risks for Cyprus were unusually high given its weak banking sector and economy and the island's full adoption of an economic austerity plan was imperative. The island's 17.5 billion euro econo... |
| By Caroline Copley BERNE (Reuters) - Switzerland outlined plans on Friday to reform the way it taxes companies as it seeks to counter criticism from Brussels while trying to remain attractive to the many multinationals based in the country. The Swiss have lured thousa... |
| (Reuters) - Caterpillar Inc <CAT.N> and China-based Mining Machinery Ltd said on Thursday they have settled outstanding issues related to Caterpillar's acquisition of mining equipment firm ERA and its Siwei unit through a reduction in the purchase price. As part of the deal annou... |
| NEW YORK (Reuters) - Stocks hit session highs in morning trading on Friday after a gauge of future U.S. economic activity rose to its highest level in nearly five years. The Dow Jones industrial average <.DJI> rose 64.81 points or 0.43 percent, to 15,298.03, the S&P 500 <.SPX> ... |
| NEW YORK (Reuters) - Consumer sentiment rebounded in early May to the highest level in nearly six years as Americans felt better about their financial and economic prospects, particularly among upper-income households, a survey released on Friday showed. The Thomson Reuters/University of M... |
| WASHINGTON (Reuters) - The outgoing head of the Internal Revenue Service apologized on Friday for foolish mistakes made at the U.S. tax agency which he said resulted from a heavy workload, not a partisan mission. At a congressional hearing, acting IRS Commissioner Steven Miller said he d... |
| By Anders Melin BRUSSELS (Reuters) - Saving pocket change may not end the euro zone crisis, but the European Commission hopes that scrapping the smallest coins could help penny-pinching governments cut costs. The European Commission outlined proposals this week for th... |
| By Ana Nicolaci da Costa LONDON (Reuters) - Spain's borrowing costs will rise if its credit rating is cut as much as market prices imply. The cost of insuring against a Spanish default suggests investors expect another cut in its sovereign ratings, to junk, accord... |
| By Julie Haviv NEW YORK (Reuters) - The dollar soared against a basket of currencies on Friday, reaching a nearly three-year peak as debate over whether the Federal Reserve would wind down its asset buying program later this year gathered pace. The dollar's streng... |
| ATHENS (Reuters) - Greece's foreign lenders have maintained the country's privatization revenue target of 2.6 billion euros for the year, and left the country's overall debt outlook unchanged from a previous assessment, according to a report released on Friday. In a final versi... |
NEW YORK (Reuters) - Stocks opened higher on Friday and were on track for their fourth straight week of gains as equities rebounded off their worst daily decline in nearly three weeks. The Dow Jones industrial average <.DJI> was up 40.51 points, or 0.27 percent, at 15,273.73. The Sta... |
| By Chuck Mikolajczak NEW YORK (Reuters) - U.S. stocks were set for a higher open on Friday, putting the S&P 500 on track to rebound from its worst decline in nearly three weeks and on pace for its fourth straight weekly advance ahead of data on consumer sentiment. The... |
| By Andy Home LONDON (Reuters) - Cash-date tightness has returned to the London Metal Exchange (LME) lead market. You'd be forgiven for not noticing. It's been more of a caress than a throttle. Not strong enough to leave a mark on the thre... |
| By Annika Breidthardt BERLIN (Reuters) - German ECB board member Joerg Asmussen German expects growth in his country to pick up in the second quarter but warned on Friday that Europe's largest economy risked becoming the sick man of Europe again if it did not carry out further reform... |
| By Foo Yun Chee BRUSSELS (Reuters) - EU antitrust regulators have given some of Google's rivals more time to study its proposals to settle anti-competitive complaints, which could provide more leverage to pry further concessions from the Internet search giant. The... |
| By Chris Taylor NEW YORK (Reuters) - In the financial world, arbitrage is a trading strategy that earns profit by exploiting price differences between markets. By that definition, Dan Prescher is a sophisticated arbitrageur. The 58-year-old makes a decent living as a ... |
| By Chuck Mikolajczak NEW YORK (Reuters) - Stock index futures rose on Friday, indicating the S&P 500 will rebound from its worst decline in nearly three weeks, keeping the index on track for its fourth straight weekly advance ahead of data on consumer sentiment. The b... |
| By Ingrid Melander ORLEANS, France (Reuters) - The European Central Bank will keep its loose and growth-supportive monetary policy stance in place for quite a long time, ECB executive board members said on Friday. With the euro zone economy stuck in recession, the E... |
| By John Wasik CHICAGO (Reuters) - In a frantic search for yields, investors often turn toward relatively unknown products. Business Development Companies (BDCs) are one of latest vehicles to grab investor attention - and money. BDCs are companies that lend to young, t... |
| By Phil Wahba and Jessica Wohl NEW YORK/CHICAGO (Reuters) - Cooler than usual weather and belt-tightening by shoppers still struggling with higher payroll taxes and stubborn unemployment dampened sales last quarter at chains from Macy's Inc to Wal-Mart Stores Inc. |
 |
|
|
|
Saturday, May 18, 2013
|
|
|
|
|
Technology
Personal Tech 
Upload
Internet 
|
About The U.S. Daily News - Contact Us - Advertise With Us - Privacy Guidelines