Sunday, 20 May 2012
Business
Viacom video lawsuit vs. Google revived

05.04.2012 16:09   3219521 views   0 comments
From: news.yahoo.com


(Reuters) - A federal appeals court has revived Viacom Inc's lawsuit accusing Google Inc of allowing copyrighted videos on its YouTube service without permission. The 2nd U.S. Circuit Court of Appeals said a reasonable jury could have found that YouTube knew of specific infringing activity on its website. As a result, it said a lower court made a mistake in dismissing Viacom's $1 billion lawsuit. (Reporting By Jonathan Stempel in New York; Editing by Gerald E. McCormick) Read more »

Retailers report positive March sales

05.04.2012 16:09   2992933 views   0 comments
From: news.yahoo.com


In this Tuesday, July 16, 2011 photo, an unidentified customer shops at Target Eagle Rock store in Los Angeles. Retailers from discounter Target Corp. to depart-store chain Macy's to outdoor sports retailer Zumiez reported better-than-expected sales during the month of March in the latest sign that Americans are feeling better about the economy. (AP Photo/Damian Dovarganes)Retailers from discounter Target to department-store chain Macy's reported better-than-expected sales in March in the latest sign that Americans are feeling better about the economy.


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Treasurys rise as fear of European debt returns

05.04.2012 16:09   2412791 views   0 comments
Tags: Europes
From: news.yahoo.com


Treasury prices are rising as fear about Europe's shaky financial situation returns to the market. Read more »

US unemployment claims hit 4-year low of 357K

05.04.2012 16:08   2300741 views   0 comments


FILE - Martina Ryberg, right, of Plymouth State University talks with Tara Rossetti of On Call International during a job fair for college students on April 4, 2012 in Manchester, N.H. The number of people seeking U.S. unemployment benefits fell to a four-year low last week, as layoffs slow and the job market strengthens. The Labor Department says weekly unemployment benefit applications dropped 6,000 to a seasonally adjusted 357,000. That's the fewest since April 2008. (AP Photo/Jim Cole)The number of people seeking U.S. unemployment benefits fell to a four-year low last week, suggesting employers kept hiring in March at a healthy pace.


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US rate on 30-year mortgage falls to 3.98 percent

05.04.2012 16:06   1842130 views   0 comments
From: news.yahoo.com


The average U.S. rate on the 30-year fixed mortgage was mostly unchanged this week, as the cost of home-buying and refinancing stayed near record lows. Read more »

Gary Sinise cancels appearances after car accident

05.04.2012 16:02   2940108 views   0 comments
From: news.yahoo.com


FILE - In this July 28, 2010 file photo, actor Gary Sinise arrives at the CBS CW Showtime press tour party in Beverly Hills, Calif. Sinise is canceling appearances with his Lt. Dan Band after suffering injuries in a car accident. A spokeswoman for the actor says Sinise was a passenger in a car involved in an accident on March 30. The 57-year-old Sinise was to perform with his band at a fundraising event last weekend in Martinsville, Va., and next week in Palm Desert, Calif. (AP Photo/Dan Steinberg, File)Gary Sinise is canceling appearances with his Lt. Dan Band after suffering injuries in a car accident.


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Morgan Stanley CEO Gorman paid $13 million in 2011

05.04.2012 15:55   3195281 views   0 comments
Tags: James
From: news.yahoo.com


An Associated Press analysis shows Morgan Stanley CEO James Gorman was paid compensation worth $13 million in 2011, a 15 percent drop from the previous year. Read more »

Natural gas dips after US supplies grow

05.04.2012 15:54   2863397 views   0 comments
Tags: Natural
From: news.yahoo.com


The price of natural gas is falling after the government reported a surprisingly large increase in supply. Read more »

UK's Sky News: We hacked in the public interest

05.04.2012 15:53   2797045 views   0 comments
From: news.yahoo.com


The entrance of one of the BSkyB headquarter buildings complex in west London, Tuesday, April 3, 2012. Media executive James Murdoch, under pressure over his role in Britain's tabloid phone hacking scandal, is stepping down as chairman of British Sky Broadcasting, the Sky News channel reported Tuesday, Sky, the news channel of BSkyB, said he resignation would be confirmed later Tuesday after an unscheduled board meeting. It said Murdoch would remain a board member and would be replaced as chairman by Nicholas Ferguson, the current deputy chairman. (AP Photo/Lefteris Pitarakis)Rupert Murdoch's Sky News channel twice authorized its reporters to hack into computers, a potentially embarrassing revelation that could further dent the media tycoon's hope of acquiring full control over satellite broadcaster BSkyB.


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US unemployment claims hit 4-year low of 357K

05.04.2012 15:52   3093317 views   0 comments


FILE - Martina Ryberg, right, of Plymouth State University talks with Tara Rossetti of On Call International during a job fair for college students on April 4, 2012 in Manchester, N.H. The number of people seeking U.S. unemployment benefits fell to a four-year low last week, as layoffs slow and the job market strengthens. The Labor Department says weekly unemployment benefit applications dropped 6,000 to a seasonally adjusted 357,000. That's the fewest since April 2008. (AP Photo/Jim Cole)The number of people seeking U.S. unemployment benefits fell to a four-year low last week, suggesting employers kept hiring in March at a healthy pace.


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Retailers report positive March sales

05.04.2012 15:39   3639976 views   0 comments
From: news.yahoo.com


In this Tuesday, July 16, 2011 photo, an unidentified customer shops at Target Eagle Rock store in Los Angeles. Retailers from discounter Target Corp. to depart-store chain Macy's to outdoor sports retailer Zumiez reported better-than-expected sales during the month of March in the latest sign that Americans are feeling better about the economy. (AP Photo/Damian Dovarganes)Retailers from discounter Target to department-store chain Macy's reported better-than-expected sales in March in the latest sign that Americans are feeling better about the economy.


Read more »

Retailers report positive March sales

05.04.2012 15:39   3203225 views   0 comments
From: news.yahoo.com


In this Tuesday, July 16, 2011 photo, an unidentified customer shops at Target Eagle Rock store in Los Angeles. Retailers from discounter Target Corp. to depart-store chain Macy's to outdoor sports retailer Zumiez reported better-than-expected sales during the month of March in the latest sign that Americans are feeling better about the economy. (AP Photo/Damian Dovarganes)Retailers from discounter Target to department-store chain Macy's reported better-than-expected sales in March in the latest sign that Americans are feeling better about the economy.


Read more »

Jobless claims fall to lowest since 2008

05.04.2012 15:35   3548197 views   0 comments
From: news.yahoo.com


American University students walk among recruiting booths during a career job fair at American University in WashingtonWASHINGTON (Reuters) - The number of Americans lining up for new jobless benefits dropped to the lowest level in nearly four years last week, according to a government report that showed ongoing healing in the labor market. Initial claims for state unemployment benefits fell 6,000 to a seasonally adjusted 357,000, the lowest level since April 2008, the Labor Department said on Thursday. New claims have fallen sharply in recent months, boosting expectations the end of a long cycle of heavy layoffs will lead to more hiring. ...


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Analysis: Too slowly, euro zone laggards start to shape up

05.04.2012 15:32   3256520 views   0 comments
From: news.yahoo.com


LONDON (Reuters) - It may be cold comfort for countries on the euro zone's southern periphery mired in recession, but they are making clear strides by some measures towards putting their economies on a sounder long-term footing. After years of excessive debt-fuelled consumption at home, Spain and Portugal are seeing a big increase in exports, while Italy's budget deficit is now comfortably below Europe's mandated ceiling of 3 percent of national output. ... Read more »

US mortgage rates for past 52 weeks at a glance

05.04.2012 15:28   3343792 views   0 comments
From: news.yahoo.com


The average rate on the U.S. 30-year fixed mortgage was mostly unchanged this week near record lows. Historically low rates are making home-buying and refinancing more affordable. Read more »

Greece extends bond swap deadline again for holdouts

05.04.2012 15:26   3122473 views   0 comments
Tags: Green
From: news.yahoo.com


Greek bondholders and members from communist-affiliated trade union PAME protest against their inclusion in a debt cut in AthensATHENS (Reuters) - Greece extended a deadline for a second time on Thursday for remaining bondholders to accept a debt swap, giving Athens a little more breathing space to formulate a response to investors who have refused to sign up for the landmark deal. Athens must in any case make a decision soon, in coordination with its EU and IMF backers, because a 450 million euro bond expires on May 15, finance ministry and banking officials said. ...


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US stocks drift lower on European debt worries

05.04.2012 15:26   3160324 views   0 comments
From: news.yahoo.com


In an April 2, 2012 photo traders work on the floor of the New York Stock Exchange. Wall Street was headed to a lower opening Thursday April 5, 2012, with Dow Jones futures down 0.2 percent and S&P 500 futures losing 0.2 percent (AP Photo/Richard Drew)Stocks slipped early Thursday on renewed fears over the European debt crisis.


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Wall Street flat as euro-zone concerns weigh

05.04.2012 15:18   2916063 views   0 comments
From: news.yahoo.com


Traders work on the floor of the New York Stock ExchangeNEW YORK (Reuters) - Stocks were little changed on Thursday despite data showing ongoing improvement in the labor market, as a rise in Spanish bond yields renewed concerns about the euro zone's financial health. The number of Americans submitting claims for new jobless benefits fell to the lowest in nearly four years last week, according to government data, as a separate report showed the number of planned layoffs at U.S. firms fell to its lowest level in 10 months. ...


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US rate on 30-year mortgage falls to 3.98 percent

05.04.2012 15:15   2933228 views   0 comments
From: news.yahoo.com


The average U.S. rate on the 30-year fixed mortgage was mostly unchanged this week, as the cost of home-buying and refinancing stayed near record lows. Read more »

AC casino profits fall 7.4 percent in 2011

05.04.2012 15:07   3133322 views   0 comments
Tags: Atlantic
From: news.yahoo.com


Atlantic City's casinos saw their gross operating profits decline by 7.4 percent last year, to just under $495 million. Read more »

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