LONDON, Dec 9- Growth in global advertising spending will accelerate to 5.8 percent a year by 2015, driven by demand for marketing via mobile devices and a broad-based economic recovery, a market research group forecast on Monday.» Read More
In a report, the Government Accountability Office said two USDA agencies did not routinely check master lists compiled by the government to assure payments go only to living recipients. Contracts with USDA often are voided by death, but payments can flow to heirs for work already performed.
NEW YORK/ TORONTO, July 29- Richard Baker is doubling down on his attempt to revive big-name department stores with a $2.4 billion bid to buy Saks Inc, bringing the New York retailer into Canada and under the same roof as Lord& Taylor and Canada's Hudson's Bay.
The West Clark Community Schools district failed to submit annual reports or notices required by statute for a 2005 bond issue and then, in an official statement for a 2007 bond sale underwritten by City Securities Corporation, said it had complied with disclosure obligations, the SEC said.
LONDON/ NEW YORK, July 29- BMW aims to win a "meaningful" segment of the electric car market with its i-series battery-powered models by offering luxurious styling and packages designed to help owners overcome the traditional hurdles to electric car ownership.
*Quebec government promises taxpayers they won't pay. OTTAWA, July 29- The Quebec government has ordered the rail and fuel companies involved in a devastating train crash that killed 47 people in the town of Lac Megantic to pay for cleaning up the crude oil that spilled in the town and surrounding lakes and rivers.
July 29- Nutritional products giant Herbalife reported better-than-expected quarterly earnings on Monday amid strong demand for its products and raised its forecast for 2013, signaling to its high-profile detractors that the company is confident about the months ahead.
July 29- Time Warner Cable Inc and CBS broadcast network, which are locked in a battle over fees the cable company pays to carry CBS programming, said they would negotiate until 8 p.m. on Monday, at least temporarily averting a blackout in some large cities.
HONG KONG, July 30- After decades of emulating Japan's export-driven economic miracle, China appears in danger of following it into the same kind of economic coma that Japan is trying to wake up from 20 years later.
*China's voracious iron ore demand drove prices up 10- fold in a decade. SINGAPORE, July 30- From building scores of new towns to constructing state-of-the-art rail networks, China's demand for steel to feed its modern-day industrial revolution has driven a spectacular rally in the price of the raw material iron ore.
MUMBAI, July 30- India's central bank is likely to leave policy interest rates unchanged later on Tuesday as its priority has switched from reviving an economy growing at its slowest in a decade to supporting a currency that recently plunged to a record low.
"The difficult part is did he know that the information was going to Al-Qaeda and the Taliban? To me, that is the linchpin of the case, "said Richard Rosen, a professor of law at the Texas Tech University School of Law and a former military lawyer."
*Drug firm Perrigo to buy Elan; Publicis, Omnicom in merger. Shares of Southwestern Energy slid 3 percent to $38.14 and shares of Noble Energy fell 2.1 percent to $62.07 following as a decline in natural gas prices.
NEW YORK, July 29- Corn prices fell on Monday, approaching three-year lows on forecasts for ideal U.S. crop weather, while raw sugar had its biggest one-day surge in six weeks as funds covered short positions. Oil prices ended mixed, with U.S. crude falling slightly and London's Brent crude rising on oil supply disruptions in Europe and the Middle East.
NEW YORK, July 29- U.S. It started with the corporate issuance announcements, "said Chuck Retzky, director of futures sales at Mizuho Securities USA in Chicago.
WASHINGTON, July 29- The International Monetary Fund on Monday approved a further 1.7 billion euros in funds for Greece's bailout program after completing the fourth review of the cash-strapped euro zone state.
*Shares in WPP, Interpublic, Havas leap on deal news. LONDON/ PARIS, July 29- A plan to merge Publicis and Omnicom into the world's biggest advertising group has rivals ready to poach their blue-chip clients that might leave the new agency as it faces potential conflicts of interest.
BOSTON, July 29- While higher education remains a priority, many Americans are balking at high-priced institutions, and two-thirds of families eliminated colleges or universities during the 2012-2013 application process based on affordability, according to student lender Sallie Mae.
WASHINGTON/ BRUSSELS, July 29- Publicis and Omnicom will most likely have to shed some assets in order for their mega deal to win approval from regulators in the United States, Europe and 40 other countries where they operate. The deal would combine the world No. 2 agency, Omnicom, with the No. 3, Publicis, to create the world's largest agency.
July 29- U.S. government investigators said on Monday they still have few answers as to how an unapproved genetically altered wheat developed by Monsanto was found this spring growing in an Oregon farm field, but said no further contamination has been detected and no biotech wheat appears to be in commercial supplies.
July 29- Twentieth Television, a unit of Rupert Murdoch's 21st Century Fox, plans to market reruns of the Fox network's long-running animated comedy "The Simpsons" and is targeting a package of up to $1 billion, a person with knowledge of the plans said on Monday.