News

Oil steadies after OPEC says prices may have bottomed

Reuters - Mon, 01/26/2015 - 22:55
SINGAPORE (Reuters) - Brent crude oil prices held above $48 on Tuesday following comments from OPEC that prices may have found a floor.
Categories: News

Carnival in Talks on China Cruise Joint Ventures

The Wall Street Journal - Mon, 01/26/2015 - 22:35
Carnival is in talks with state-owned China Merchants Group to form two joint ventures in China that will build cruising ports and ships and expand the nascent industry in a booming tourism market.
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Yahoo Holders Await Plan for Alibaba Assets

The Wall Street Journal - Mon, 01/26/2015 - 22:27
Marissa Mayer is expected to unveil her plan for unlocking Yahoo’s investments in Alibaba and Yahoo Japan when the company reports earnings on Tuesday.
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Asia Stocks: Latest Quotes

Fox Business - Mon, 01/26/2015 - 21:49
Here are the latest trading levels for Asia's major stock markets: Tokyo (Nikkei Average ) up 1.4% (at break) ; Hong Kong (Hang Seng Index ) down 0.4% ; Shanghai (Shanghai Composite Index ) down 0.4% ; Sydney (S&P/ASX 200 ) up 0.5% ; Seoul (Kospi ) up 0.4% ; Taipei (Taiex ) flat Copyright © 2015 MarketWatch, Inc.
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China Stocks Decline After Five-day Winning Streak

Fox Business - Mon, 01/26/2015 - 21:21
Chinese stocks turned lower shortly after a choppy opening Tuesday, as Hong Kong and Shanghai's benchmark indexes struggled to maintain momentum after five days of gains.
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Trending Now: Transparency And Crowdsourcing In Customer Support

Forbes - Mon, 01/26/2015 - 21:15
Applegate, the successful purveyor of humanely raised and slaughtered meats, employs a transparent self-service approach to customer service, making use of a community software platform called “Get Satisfaction.” Applegate regularly fields specific, detailed and emotionally charged questions about both the meat and the packaging in which it is conveyed.
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Huawei's Higher-End Phones Lift Revenue

The Wall Street Journal - Mon, 01/26/2015 - 21:07
Revenue from Huawei Technologies Co.’s consumer business, which consists mostly of mobile phones, rose 30% to $12.2 billion last year, thanks in part to its efforts to sell more higher-end smartphones.
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Secret 'BADASS' Intelligence Program Spied On Smartphones

huffingtonpost.ca - Mon, 01/26/2015 - 21:04
British and Canadian spy agencies accumulated sensitive data on smartphone users, including location, app preferences, and unique device identifiers, by piggybacking on ubiquitous software from advertising and analytics companies, according to a document obtained by NSA whistleblower Edward Snowden.
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Microsoft profit falls on sluggish Windows, currency pressure

Reuters - Mon, 01/26/2015 - 21:03
SEATTLE (Reuters) - Microsoft Corp on Monday reported a fall in its quarterly profit that was in line with Wall Street forecasts, as sluggish personal computer sales dampened demand for Windows software and the company struggled with the impact of the strong U.S. dollar.
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U.S. deficit to dip in 2015 as era of dramatic declines ends: CBO

Reuters - Mon, 01/26/2015 - 20:46
WASHINGTON (Reuters) - The U.S. budget deficit will decline slightly to $468 billion this fiscal year, the lowest level since President Barack Obama took office, congressional forecasters said on Monday in a report heralding the end of a brief period of dramatically shrinking red ink.
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For New Revenue-Recognition Rules, It's Ready vs. Not

The Wall Street Journal - Mon, 01/26/2015 - 20:38
Call it the $360 billion question: whether to delay one of the biggest accounting changes in decades--involving longstanding revenue-recognition rules. The answer isn’t expected until early in the second quarter.
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Google to Announce Fiber Expansion In Four Cities

The Wall Street Journal - Mon, 01/26/2015 - 20:36
Google is preparing to offer its high-speed fiber-optic Internet service in four new metro areas, the latest step in a careful expansion of the service.
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Cablevision will offer a WiFi-only phone service

philly.com - Mon, 01/26/2015 - 20:26
Cablevision Systems Corp., the New York cable company, is launching a national WiFi-only telephone service for $29.95 a month - a first for a big cable-TV company.
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Windows Gets Too Much Blame (And Credit) For The State Of The PC Market

Forbes - Mon, 01/26/2015 - 20:05
PC sales have been waning or, at best, stagnant for a few years now. Many pundits and analysts seem to blame lagging PC sales on the tepid reception of Windows 8. That places an inordinate burden on Microsoft’s flagship OS to drive sales of PCs, or accept responsibility for declining sales. That simplistic view ignores three key factors.
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Pepsi, WeatherTech, Doritos, GoDaddy, and Dove and Predicted to Score Big In Super Bowl

Forbes - Mon, 01/26/2015 - 20:02
Fewer than half of Super Bowl XLIX’s advertisers will score big on their considerable investments, according to the 13th annual Super Bowl Ad Engagement Survey conducted by Brand Keys.
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Is Dynamic Scoring of Tax Bills Ready For Prime Time?

Forbes - Mon, 01/26/2015 - 19:58
The House has instructed the Joint Committee on Taxation and the Congressional Budget Office to factor in the macroeconomic effects of tax law changes when calculating the official budget score of revenue bills. But are existing models up to the task of what’s commonly called dynamic scoring?
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Truthiness And Consequences: Today's Consumer Trend Of Values-Based Shopping

Forbes - Mon, 01/26/2015 - 19:53
When millennials (the generation of customers born 1960-1980 that is the largest generation in history) do business with a company, they’re more likely than previous generations to care about that company’s social values: its social responsibility, sustainability and ethics in treating employees and suppliers, according to research by Boston Consulting Group and Barkley. They will reward your company if its behavior matches their own ethics and punish you if it doesn’t. And this phenomenon is spilling outward from the millennial demographic. Regardless of their age, customers today have unprecedented choices available to them, a situation that has created an opportunity to buy based on convictions, which was a much harder task decades ago.
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