Business Stories from December 6, 2012 (Change date)
-
How far over the ‘fiscal cliff’ could they go?Dec 06, 2012 7:39 am - WASHINGTON — The dealmakers who warn that a year-end plunge off the “fiscal cliff” would be disastrous don’t seem to be rushing to stop it. Why aren’t they panicking? Fo...
-
Deficit panel’s Simpson hits political ‘stupidity’Dec 06, 2012 7:39 am - WASHINGTON — The co-chairman of President Barack Obama’s deficit commission is assailing the politics of political brinkmanship surrounding the “fiscal cliff,” saying Co...
-
U.S. unemployment aid applications dropDec 06, 2012 7:37 am - The number of people seeking U.S. unemployment aid fell sharply last week as a temporary spike caused by Superstorm Sandy has faded. Weekly applications have fallen back...
-
Cloud services struggle with ROI proofDec 06, 2012 6:45 am - Cloud-based services revenue in two years is expected to comprise nearly twice its current share of provider revenue, even as providers believe that showing evidence of ...
-
Euro stocks rise on U.S. optimismDec 06, 2012 6:28 am - European stocks rose to an 18-month high on optimism U.S. lawmakers will reach a budget deal. Italian bonds retreated for a second day after support dwindled for Prime M...
-
H&R Block 2Q loss narrows as revenue risesDec 06, 2012 6:22 am - H&R Block’s fiscal second-quarter loss narrowed, helped by cost-cutting efforts. Revenue climbed mostly because of a strong tax season in Australia. The nation’s larges...
-
Gold predicted to decline in 2013Dec 06, 2012 6:20 am - BNP Paribas SA lowered its 2013 gold price forecast to $1,865 an ounce from $1,900 an ounce. Prices will average $1,780 an ounce in 2014, for the first annual decline in...
-
Bank of England: no change in base rate, stimulusDec 06, 2012 6:16 am - The Bank of England has left its base interest rate unchanged and has not authorized any additional stimulus measures, a decision which was widely expected by the market...
-
U.S. stocks little changed before jobs reportDec 06, 2012 6:13 am - U.S. stock-index futures were little changed before a report on initial jobless claims and interest- rate announcements in the euro area. Garmin Ltd., the biggest maker ...
-
Italian bonds decline as government threatenedDec 06, 2012 6:00 am - Italian bonds fell for a second day as former Prime Minister Silvio Berlusconi’s political party threatened to stop supporting the government, risking the disintegration...