Business Stories from May 28, 2013 (Change date)
-
Gold falls on speculation Fed may slow stimulus on U.S. growthMay 30, 2013 9:52 am - Gold futures declined for a second session on speculation that the Federal Reserve may scale back monetary stimulus as the U.S. economy strengthens, curbing demand for t...
-
Krugman feud with Reinhart-Rogoff escalates as austerity debatedMay 30, 2013 9:52 am - Nobel laureate Paul Krugman refused to back down in a dispute with Harvard University economists Carmen Reinhart and Kenneth Rogoff over a 2010 paper they wrote that’s b...
-
Videology completes $60 million financing to accelerate growth of global media management platformMay 30, 2013 9:52 am - NEW YORK — Videology, the leading video technology platform powering the shift from television to the Internet for advertisers, agencies and media companies, announced t...
-
Corn climbs to three-week high on slow planting; soy, wheat riseMay 30, 2013 9:52 am - Corn for delivery after the U.S. harvest rose to the highest in more than three weeks before a government report today that may show wet weather slowed planting in the M...
-
Mclaren forecasts Asia sales to double this year on China demandMay 30, 2013 9:52 am - McLaren Automotive Ltd., maker of the P1 supercar that costs about $1 million, forecast sales in Asia will more than double this year on demand from China. While overall...
-
European leaders sound the alarm on youth unemploymentMay 30, 2013 10:00 pm - PARIS — European leaders sounded the alarm on youth unemployment Tuesday and called for more help for businesses to help solve the problem that has left nearly one in fo...
-
Nike cuts ties to LivestrongMay 29, 2013 8:20 am - AUSTIN, Texas — Nike, which helped build Lance Armstrong’s Livestrong cancer charity into a global brand and introduced its familiar yellow wristband, is cutting ties wi...
-
Cotton climbs on signs of increasing demand; orange juice risesMay 30, 2013 9:52 am - Cotton futures rose, snapping the longest slump in eight months, on signs of increasing demand for supplies from the U.S., the world’s top exporter. Orange juice also ad...
-
Abe’s adviser tells South Korea to cope with yen not blame JapanMay 30, 2013 9:52 am - Koichi Hamada, an economic adviser to Japanese Prime Minister Shinzo Abe, told South Korea to adjust its own monetary policies if officials are concerned at the effects ...
-
Record cash sent to balanced funds as individuals buy stocksMay 30, 2013 9:52 am - Investors are pumping record amounts of money into U.S. balanced funds, whose freedom to buy stocks and bonds made them barometers for gains in the biggest bull markets ...