Latest Breaking Business News
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Spec industrial building slated for Roseville
Now here's something you don't see too often in commercial real estate these days. A spec project. On Tuesday, developer Trammell Crow Co. said it plans to develop a 185,470-square-foot speculative industrial development ...
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Amazon to stop paying Minnesota bloggers for sales traffic
What are the forces moving the Minnesota economy? Adam Belz tries to identify the trends and show the connections between Minnesota and the larger U.S. and global economies. You can connect with him on ...
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Oceanside Chamber gets spotlight for being ‘Social Media Friendly’
OCEANSIDE -; David Nydegger, president and C.E.O. of the Oceanside Chamber of Commerce, recently announced that the Oceanside Chamber has been recognized as one of ...
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Meth brain harm cut by MediciNova drug
Results of the Phase 1b study of MN-166 were presented at the 75th Annual College on Problems in Drug Dependence meeting, held in downtown San Diego. Phase 1b trials study safety and look for some "proof of concept" demonstration that the drug is active in the predicted ...
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Asda slips as supermarkets battle for middle ground
Asda , the UK's second biggest supermarket, is suffering hardest from the squeeze as customers switch to cheaper rivals and the number three supermarket, Sainsbury's, threatens its position.Fraser McKevitt, a retail analyst for Kantar, said: "The jury is slightly out at the moment on when Sainsbury's will overtake Asda. The latter tends to do very well in the summer period, ...
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Burberrys London homecoming pays homage to Hockney and Bennett
London after a decade on the Milan menswear catwalks was always going to be a blockbuster show - but in the event, it was also an emotional homecoming. Designer Christopher Bailey created a subtle, nuanced collection which moved beyond the obvious pole stars of British menswear (Savile Row, punk, Bond, country gent) to celebrate instead the more eccentric, colourful, offbeat style of David ...
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Bank of England appoints woman as first chief operating officer
Bank of England governor, has appointed Charlotte Hogg, a senior executive at Santander and the scion of one of Britain's most blue-blooded political dynasties, to become the Bank's first chief operating officer.Hogg, who heads Santander's high street operations, will start at the Bank on 1 July - the day that Carney takes over from Sir Mervyn King. The 41-year-old will head all ...
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The Microsoft breakup that never happened
Computerworld - Thomas P. Jackson, the former federal judge who in 2000 ruled that Microsoft should be split into two companies as punishment for monopolistic business practices, died Saturday at his Maryland home. He was 76. Jackson's demand that Microsoft divide was overturned by a federal appeals court in 2001, in part because the panel believed public comments Jackson made during and ...
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Icahn Proposes Dell Tender Offer
Icahn also announced a purchase of 72 million Dell shares from Southeastern Asset Management, making him the second largest shareholder in Dell. The letter also said that a "major bank" was willing to provide $1.6 billion in financing. According to a source, Jefferies is the major bank. ...
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Who Will Succeed Bernanke
Ben Bernanke would step down when his second term expires on Jan. 31. Obama told Charlie Rose, host of a PBS interview program, that Bernanke was like longtime FBI Director Robert Mueller, who agreed to stay two years longer in the job than he had planned and is to leave in the coming months. "Well, I think Ben Bernanke's done an outstanding job," Obama said. "Ben ...
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Dont Force Paid Internships Commentary
Conde Nast Publications --may seem like a David vs. Goliath story. However, the actions of these interns are going to end up hurting students all across the country--and ultimately our country's competitive edge. At some point, many people in our country crossed the line that separated respecting money and worshiping money. However, now we are in a precarious position where we may cross a ...
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10 Most Expensive Hurricanes in US History
forecast an active or extremely active season , which started June 1 and ends Nov. 30. Many of the worst storms to strike in past years have caused billions in damage for those residing on the East Coast and states near the Gulf of Mexico. What are the all-time costliest hurricanes to have ever hit the U.S.? Here are the Top 10, according to ...
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CNBC Fed Survey QE Expectations
CNBC's Steve Liesman discusses the results of the latest CNBC Fed Survey, which shows that 24 percent of participants believe the Fed will taper QE in September. Brian Peery, Hennessy Funds, weighs ...
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Ferguson Going to Be Tougher For Next Generation
Niall Ferguson, Harvard economist and author of "The Great Degeneration," shares his economic outlook. I'm worried about the fiscal burdens that we have racked up that my kids are going to have to contend with, he ...
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Chrysler agrees top recall 2.7 million older-model Jeeps
33 minutes ago After a public disagreement that threatened to blow up into a larger battle, Chrysler said Tuesday that it has agreed to recall 2.7 million Jeep vehicles that the National Highway Traffic Safety Administration said could potentially erupt into fire if rear-ended.Chrysler had been expected to file papers Tuesday refusing to comply with a NHTSA voluntary recall request sent ...
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Power Rundown Harder To Do Business In USA
Discussing whether it's harder to do business in the U.S. than anywhere else, and if Bernanke has "run his course," with Niall Ferguson, Harvard economist, and author of "The Great ...
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Indian Floods Hunt for Hoffa
Top headlines right now, with CNBC's Tyler Mathisen, and Niall Ferguson, Harvard economist. Floods in India claim 70 lives, and authorities are searching a Michigan field for the remains of union boss Jimmy ...
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Its Jeep vs. Uncle Sam as Chrysler may defy huge recall
33 minutes ago After a public disagreement that threatened to blow up into a larger battle, Chrysler said Tuesday that it has agreed to recall 2.7 million Jeep vehicles that the National Highway Traffic Safety Administration said could potentially erupt into fire if rear-ended.Chrysler had been expected to file papers Tuesday refusing to comply with a NHTSA voluntary recall request sent ...
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Tim Hortons being circled by Wall Street hedge funds
At least two groups of American hedge funds have bought large chunks of Tim Hortons shares recently, a sign the activist investors want to push the company to make major changes to its business, or possibly give up some control over the company. In a regulatory filing Tuesday, New York-based Scout Capital Management LLC revealed it recently bought 6.1 million shares in Tim Hortons, bringing its ...
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Western Union sees $500 million online revenue by 2015 CEO
WU.N ) expects revenue from its digital business to grow to $500 million by 2015, from $150 million currently, its chief executive said on ...
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Huawei might consider buying Nokia report
At the Reuters Tech Summit, Trulia chief executive Pete Flint says private equity investors are starting to pull back from buying U.S. real estate, while overseas buyers are coming on strong once ...
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Spain Garners a Bull Call
It was just over a year ago that yields on Spanish 10-year sovereign bonds surged over 7.6 percent. Investors fretted that the "S" in the infamous PIIGS acronym was headed for collapse and a subsequent epic bailout. Spain, the eurozone's fourth-largest economy, offered little in the way of bullish investment themes, that is unless one enjoys crippled banks and the region's ...
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D23 releases new photos of Walt Disney on revamped website
This photo of Walt Disney, taken with his personal camera, was made at his home in California. More rarely seen photos are now available for free on the website of D23, the official Disney fan ...
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6 alternatives to summer internships
(MoneyWatch) Motivated high school and college students often spend their summers working at low-paying or even nonpaying internships. In view of the competition for prime positions, they should apply for them as early as post-Christmas break. The difficulty in landing one is borne out by the fact that 52 percent of college students reported their school didn't provide them with enough ...
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Medical cost inflation to ebb in 2014
(MoneyWatch) Medical cost inflation will rise less in 2014 than in any point in recent history, according to a new report by PwC's Health Research Institute. A host of trends -- from corporate wellness programs to moving care out of emergency rooms and into less expensive retail locations -- is expected to hold back the rapid rise in the amount Americans spend on health care even as an ...
Seattle Feature
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Seattle fixing Mercer Mess
Seattle’s Department of Transport has plans to improve the Mercer Corridor or Mercer Mess as it is known to many residents of the city, Seattle news media have been reporting on the plans for some time, but a groundbreaking ceremony now marks the beginning of the major project.
The Mercer Corridor was built over forty years ago when the city’s transportation needs and traffic volumes were entirely different to present day. Mercer Street is a primary artery for the city of Seattle and over 80,000 people drive along it every day, but because of increased traffic and inefficient infrastructure, major bottlenecks occur at peak rush hour and limit access to the South Lake Union area, the Seattle Waterfront, the port, major highways and the Seattle Center. Read more
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