While other Republicans are thinking about 2016, former Florida Gov. Jeb Bush is busy tending to a personal business empire.» Read More
NEW YORK, Oct 6- The U.S. Supreme Court will hear arguments on Wednesday on whether companies have to pay workers for time spent undergoing security checks, in a case challenging how hourly employees are compensated for tasks outside their regular shifts. Employees of Integrity Staffing Solutions, an Amazon.com Inc contractor handling merchandise shipped...
NEW YORK- World Business Forum in New York. Treasury Secretary Jack Lew talks about the global economy and the recent G20 finance ministers meeting in a discussion sponsored by the Peterson Institute- 1245 GMT. ALBUQUERQUE- Federal Reserve Bank of Kansas City President Esther George speaks on the U.S. economy before an economic forum hosted by the Federal...
Oct 6- GT Advanced Technologies Inc, Apple Inc's partner in a sapphire glass plant in Arizona, filed for bankruptcy on Monday in a stunning turn of events for a company whose fortunes looked bright only a few months ago. The stock fell more than 90 percent to 75 cents, wiping out nearly all of its $1.5 billion market worth. I don't think anyone expected this, "said Dennis...
Oct 6- Wealthy Americans contributed less of their incomes to charity while low and middle-income residents gave more in the years surrounding the Great Recession, according to a newly released report by The Chronicle of Philanthropy. Idaho, Georgia, Connecticut and Florida also ranked high on the list of increased givers. Utah residents gave the biggest...
KRISTIANSAND, Norway- Norges Bank Deputy Governor Jon Nicolaisen and Norges Bank Investment Management Chief Risk Officer Jan Thomsen address Norges Bank's regional network in Kristiansand. STOCKHOLM- Sweden's central bank Governor Stefan Ingves will hold a presentation for the Swedish Center for Business and Policy Studies/SIFR Finance panel.
The site, already partly occupied by warehouses and distribution facilities for Wal-Mart, Amazon and Federal Express, is where Elon Musk's electric car maker Tesla Motors plans a factory to make batteries, helped by more than $1 billion of incentives provided by Nevada. For Gilman, this dry, desolate slice of Storey County is where the old Nevada, symbolized by...
Treasury Secretary Jack Lew, U.S. Deputy Secretary Sarah Bloom Raskin participate in open meeting of the President's Advisory Council on Financial Capability for Young Americans in Washington- 1300 GMT. RICHMOND- Federal Reserve Bank of Richmond and the Kiel Institute for the World Economy hold two-day conference on "The Labor Market After the Great...
*Republicans plan to force a vote if they win Senate. The $10 billion Keystone project to connect Canadian oil sands with U.S. refineries will top the list of Republican energy priorities if they gain control of the Senate after the Nov. 4 midterm elections.
Oct 1- An affiliate of Brookfield Asset Management won the auction for Atlantic City, New Jersey's bankrupt Revel Casino Hotel with a $110 million bid, but within hours the losing bidder told Reuters he planned to fight the sale. Asked if he would challenge the auction result in court, Florida developer Glenn Straub told Reuters by phone: "absolutely."
*Expects deal to add 135 mln stg to events revenue in 2015. Oct 1- Communications and events company UBM Plc said it would buy trade show organizer Advanstar Communications for $972 million, becoming the top events organizer by revenue in the United States, but its shares fell on concern it had overpaid.
Oct 1- Communications and events company UBM Plc said it would acquire Advanstar Communications, a privately-held trade show organizer, for $972 million in cash to increase its focus on the events business in North America. Shares in the FTSE -250 company fell more than 3 percent on Wednesday to their lowest in more than two years.
LONDON- Bank of England Monetary Policy Committee member David Miles speaks at London School of Economics and Political Science- 1730 GMT. VIENNA- ECB Executive Board member Sabine Lautenschlaeger speaks at the annual supervisory conference in Vienna on the topic: "National supervision within a European system- getting the balance right"- 0745 GMT.
WASHINGTON/ DETROIT, Sept 29- Verizon. Simply put, the type of network Verizon uses isn't global. So far, AT&T has announced deals with brands at eight automakers and Verizon is trailing with four announced deals.
Wynn, 72, and his company Wynn Resorts Ltd filed suit against Chanos, founder of New York- based hedge fund Kynikos Associates LP, in federal court in San Francisco.
Other companies likely to receive approval are HeliVideo Productions LLC, Aerial MOB LLC, Pictorvision Inc, RC Pro Productions Consulting LLC, Astraeus Aerial and Snaproll Media LLC.
MACAU, Sept 25- Macau's casino junket operators are feeling the squeeze as China's anti-corruption drive has blown a hole in the world's biggest gambling hub.
The company raised about $161.4 million after its offering was priced at $12 per share, the low end of its expected price range of $12- $14. Smart and Final, backed by private equity firm Ares Management LP, is selling all the 13.45 million shares in the offering. Ares Management bought Smart and Final from Apollo Global Management LLC in 2012 for $975 million.
BOSTON/ DETROIT, Sept 23- General Motors Co on Tuesday named an engineer to serve as its first cybersecurity chief as the No. 1 U.S. automaker and its rivals come under increasing pressure to better secure their vehicles against hackers. "So that's the competitive advantage we're trying to really put in place for General Motors."
Google Inc got permits for testing 25 adapted Toyota Motor Corp Lexus SUVs, and two permits each went to Daimler AG's Mercedes-Benz and Volkswagen AG's Audi, said Bernard Soriano of the California Department of Motor Vehicles. Lexus, Mercedes-Benz and Audi are all luxury brand vehicles.
Sept 18- Mercedes-Benz, the luxury brand of Daimler AG, has received one of the first California licenses for self-driving cars, the company said on Thursday.