News

Euro zone inflation slightly higher in October

Reuters - 1 hour 8 min ago
BRUSSELS (Reuters) - Inflation in the 18 countries sharing the euro edged up slightly in October, a first estimate by the European Union's statistics office showed on Friday, giving some hope to policy makers that price deflation can be avoided.
Categories: News

Monte Paschi, Carige to present recovery plans soon: Bank of Italy

Reuters - 1 hour 9 min ago
ROME (Reuters) - Italy's Monte dei Paschi and Carige , the two banks that fared worst in the ECB's recent stress tests, will soon unveil plans aimed at strengthening their capital bases, and the Bank of Italy will oversee those plans' implementation, the head of the Italian central bank said on Friday.
Categories: News

Continental AG CEO says Audi recall no threat to guidance

Reuters - 1 hour 19 min ago
MUNICH (Reuters) - Continental said a fault with airbags installed at premium sportscar maker Audi could cost a double-digit million euro amount to fix, a sum which the German automotive supplier could absorb without revising its earnings guidance.
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Hilton Worldwide: Profit Falls, Outlook Rises

The Wall Street Journal - 1 hour 24 min ago
Hilton Worldwide said its third-quarter profit edged down on higher expenses, but the hotel operator raised its outlook for the year on strong revenue and occupancy rates.
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Japan Pension Fund Cuts Debt Holdings

The Wall Street Journal - 1 hour 29 min ago
With most pension funds investing a large proportion of their assets in debt, Japan’s government pension fund has turned the other way and slashed its debt holdings and moved further into local and foreign stocks in a bold move into riskier allocations.
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BNP shakes off impact of U.S. fine, returns to profit

Reuters - 1 hour 44 min ago
PARIS (Reuters) - France's No. 1 bank BNP Paribas returned to net profit in the third quarter, recovering from a costly U.S. legal settlement to publish what it called a "rock solid" balance sheet, sending its shares up over 4 percent.
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4 mistakes to avoid when hiring millennials

Mashable - 1 hour 48 min ago
As more millennials continue to enter the workforce, employers are increasingly turning their attention to recruiting them. But if employers think Generation Y workers will respond to the same old tactics they used in years past, they may want to think again: Millennials aren't always the easiest to recruit. "[According to a Kauffman study], 54% of millennials either want to start a business or already have started one," said Ryan Jenkins, millennial keynote speaker and author. "As technology and the Internet enable new avenues for entrepreneurship, not only do recruiters have to compete against other companies wooing young talent but now have to also compete with millennials' passion and entrepreneurial aspirations." Read more...More about Hiring, Millenials, Business, Jobs, and Career Advice
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British Airways' Parent Lifts Guidance

The Wall Street Journal - 2 hours 3 min ago
British Airways parent, International Consolidated Airlines Group, raised its full-year earnings guidance as a turnaround at its Spanish unit Iberia spurred a 30% rise in operating profit in the third quarter.
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Why Obama Doesn't Care About Tuesday

Forbes - 2 hours 3 min ago
The 2014 elections are mercifully just days away and Republicans across the country are expecting a great night.  Should Harry Reid fall, Republicans in the Beltway will be running to the Capital Grille to toast their incredible success and back-slap well into the morning.  In fact, the mutual admiration society will last weeks if not months before folks realize that it is quite possible they didn’t win much more than a bigger headache.
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A Higher Purpose For Apple's Sales In Iran

Forbes - 2 hours 7 min ago
Despite international sanctions and under pressure from civil rights groups, Apple has decided to explore sales opportunities in Iran, and perhaps help bring big changes to the country.
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Slam the Clam: Lesson From BP's Fast Growth

Forbes - 2 hours 12 min ago
Insights from Huggy Rao and Bob Sutton on how to scale the right mindset at your company.
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What Google’s new Inbox app means for email marketers

Mashable - 2 hours 18 min ago
Google is a company that thrives on innovation, and it has brought that energy and spirit to the email channel over the last few years, helping shake up the industry that just won't change (see, I didn't say "die" there). Google seems to have doubled down on email as it realizes it is the cornerstone of the consumer Internet experience. The latest shake-up in the inbox is their latest product called Inbox (hey, no one said they are innovative product marketers). A provoking article about why Google wants to replace Gmail is a must-read as a companion piece to this article. See also: Google Launches Inbox to Reinvent the Email App Read more...More about Google, Inbox, Email Marketing, Business, and Marketing
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Lawyer: Federal judge approves plan for return of most money to investors defrauded in scheme

Fox Business - 2 hours 26 min ago
A federal judge has ruled that investors who lost money in a fraud scheme will receive most of their money back.
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RBS sets aside $639 million for potential fines arising from currency trading probes

Fox Business - 2 hours 30 min ago
Royal Bank of Scotland, which is majority-owned by the U.K. government, has set aside 400 million pounds ($639 million) to cover potential fines arising from international investigations into alleged manipulation of foreign currency trading.
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After huge protests, Hungary suspends plans to tax Internet use; to revisit issue next year

Fox Business - 2 hours 32 min ago
Hungary's prime minister says the government will suspend a planned tax on Internet use and reconsider the matter next year.
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AB InBev Sales Fall

The Wall Street Journal - 2 hours 42 min ago
Anheuser-Busch InBev reported that weakness in the U.S., Russia and Ukraine weighed on sales volumes in the third quarter, even as cost cuts and strong sales elsewhere boosted profit.
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HTC Sees Brighter Fourth-Quarter

The Wall Street Journal - 2 hours 56 min ago
HTC Corp. on Friday predicted sales would at least stay flat in the fourth quarter after three years of decline.
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Some Air Canada staff hate the new carry-on bag policy as much as you do

cbc.ca - 3 hours 3 min ago
A number of Air Canada ground staff find the airline's new crackdown on oversized carry-on bags so unpleasant that they don't want to do it, a representative from the airline's union told CBC News.
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Remedy or ripoff? 5 things to watch out for

cbc.ca - 3 hours 3 min ago
Hundreds of natural treatments on store shelves bring in billions of dollars in sales every year in Canada. CBC's Marketplace looks at how can you tell what's a cure-all and what's a cash grab.
Categories: News

Ad Wars: Facebook's Atlas Takes On Google

Forbes - 3 hours 27 min ago
On Facebook’s earnings call this week, management stunned investors with plans to ramp spending as much as 75% in 2015, more than double the 35% analysts expected.
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