Entrepreneurial activity is bubbling up around the globe—from Africa to South America—as more governments look for avenues of economic growth.» Read More
Nov 27- A wintry blast of heavy rain, wind and snow across the eastern United States disrupted Thanksgiving travel plans on Wednesday for some of the millions of Americans hitting the roads and taking to the skies on the busiest holiday travel day of the year.
YAVNE, Israel, Nov 26- German healthcare group Merck KGaA is looking for acquisitions and collaborations with start-ups to grow its drugs business in the United States, a senior Merck official said.
The Massachusetts Senate approved a stand-alone bill last week that would raise the minimum wage to $11 per hour by 2016 and index future increases to inflation.
NEW YORK, Nov 25- Debate over when the Federal Reserve could trim its bond purchases monopolized market talk this year, but as a new Fed chief takes charge, more participants believe the key theme to emphasize for 2014 is low rates for longer.
Although Jos. A. Bank Clothiers Inc walked away from a deal earlier this month after Men's Wearhouse board rebuffed its $48- a-share offer, and prevented it from conducting due diligence, the suitor's language that it still felt a deal was in the best interest of shareholders for both companies has resonated with investors.
Nov 25- When Aimee Brittain's team hits the stores in a commando-like fashion on Thanksgiving night in search of Black Friday deals, they'll stand out from the crowd in their matching bright blue shirts.
Nov 25- Shoppers who want to avoid long lines to nab a deal during Black Friday can download new apps that will let them shop for bargains from the comfort of their home.
NEW YORK, Nov 22- Bond investors have had little reason to cheer in 2013. Conflicting signals from the Federal Reserve and uncertainty about the global economy have made debt markets a tough place to rack up returns.
NEW YORK, Nov 21- A top lieutenant at Steven A. Cohen's SAC Capital Advisors will leave the hedge fund in the new year as the once $15 billion firm converts to a family office, according to a memo sent to employees and seen by Reuters. Sol Kumin, the firm's chief operating officer, will leave SAC in January, the memo from Cohen said.
NEW YORK, Nov 21- A decision on whether to approve Bank of America Corp's proposed $8.5 billion settlement with investors in mortgage securities is now in the hands of a New York state judge, after a nine-week court proceeding ended on Thursday.
BOSTON/ NEW YORK, Nov 20- Shareholders of telecom giants AT&T Inc and Verizon Communications Inc are seeking more details related to their sharing of customer information with governments, showing investors starting to push back over the role of communications companies in spying operations.
MIAMI, Nov 20- A JetBlue flight traveling from Fort Myers, Florida to Boston, was diverted to Orlando on Wednesday after an evacuation slide partially opened inside the plane, an airline spokesman said.
Private equity firm Bain Capital has ended advanced talks with auto parts supplier TI Automotive over a possible buyout.
Nov 19- President Barack Obama's HealthCare. gov site is riddled with security flaws that put user data of millions of people at risk and it should be shut down until fixed, several technology experts warned lawmakers on Tuesday.
"There are actual, live vulnerabilities on the site now," David Kennedy, head of computer security consulting firm TrustedSec LLC, said in remarks before testifying on the topic "Is My Data on HealthCare.gov Secure?" Kennedy, Morgan Wright, CEO of Crowd Sourced Investigations and Fred Chang, cybersecurity chair at Southern Methodist University said "yes.
*Home Depot shares rise as housing recovery boosts results. Best Buy swings to a profit, but stock drops on margin concerns. NEW YORK, Nov 19- U.S. stocks edged lower after the Dow briefly broke above a key level for a second day and shares of Best Buy dropped on worries about its margins.
President Barack Obama' s healthcare overhaul has security flaws that put user data at "critical risk" despite recent government assurances it is safe to use, a respected security expert said on Tuesday.
BOSTON, Nov 19- A respected security expert will warn Congress on Tuesday that the Obama administration's healthcare website has security flaws that put user data at a "critical risk," despite recent government assurances the data is safe.
Dallas, Nov 18- Top cardiologists who devised new U.S. guidelines for reducing risk of heart disease strenuously defended their risk-calculation tool from criticism that it greatly overestimates health risks and the need to be treated with cholesterol lowering statin drugs.
Activist hackers linked to the collective known as Anonymous have accessed U.S. government computers in multiple agencies, the FBI warned.