Obamacare Push Accelerates as U.S. Gov't Shutdown Nears

lundi 30 septembre 2013

Obamacare dispute sends gov't to brink of shutdown The Obama administration accelerated its push to persuade individual Americans to sign up for the most extensive overhaul of the U.S. healthcare system in 50 years on Monday.








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Apple Ranked #1 Brand, Can Stock Regain Top Reputation Too?

O símbolo da Apple em frente a uma loja da fabricante, em Nova York, em 23 de julho de 2013 You can be forgiven for thinking this already happened but Apple has officially surpassed Coca-Cola as the world's top brand, at least according to Interbrand. It's the first time in the 14-year history of Interbrand (a creator and manager of brands) that Coca-Cola has not been in the top spot.








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Unilever Warns Emerging Markets Slowdown Has Accelerated

Consumer goods company Unilever warned on Monday that a slowdown in its emerging markets accelerated in the third quarter and it now expects underlying sales growth of just 3 to 3.5 percent in the period.



via Business News http://finance.yahoo.com/news/unilever-warns-emerging-markets-slowdown-165649390.html

U.S. apartment vacancy rate falls, rents rise

Finding an apartment to rent got even harder in the third quarter, as the U.S. apartment vacancy rate fell to its lowest level in more than a decade, according to an industry report released on Tuesday. ...



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Millennials Face Uphill Climb

ATT Millennials The on-ramp to adulthood is delayed and harder to reach for young people today, a reality that is changing the country's society and economy, according to a new report.








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How Amazon’s Mayday Could Change Your World and Disrupt Apple

Amazon Kindle Paperwhite 2013 review was last year's best ereader still the tops Amazon is set to release its new Kindle Fire HDX tablet by mid-October, around the same time Apple will release the iPad Mini 2.








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Giving by U.S. foundations tops $50.9 billion in 2012

Giving in the United States by private and community foundations reached an estimated $50.9 billion in 2012, growing just ahead of inflation, a report released on Tuesday by the Foundation Center showed. ...



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What's Changing and What's Not in a Shutdown

What's changing, what's not, in a shutdown Campers in national parks are to pull up stakes, some vets waiting on disability benefits will have to wait, and many routine food inspections will be suspended.








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Obama Addresses Military as Government Shuts Down

Obama addresses military as gov't shuts down President Barack Obama is telling members of the military he'll work to get Congress to re-open the government as soon as possible.








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Twitter Co-Founder’s Next Project Could Be Even Bigger

Men are silhouetted against a video screen with a Twitter logo as he poses with a Samsung S4 smartphone in this photo illustration taken in the central Bosnian town of Zenica, August 14, 2013. REUTERS/Dado Ruvic/Files Twitter has revolutionized the way we communicate 140 characters at a time and has catapulted its co-founder, Jack Dorsey, to legendary status.








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IKEA Starts Selling Solar Panels for Homes

Swedish flat-pack furniture giant IKEA will start selling residential solar panels at its stores in Britain, the first step in its plan to bring renewable energy to the mainstream market worldwide.



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CBOE to Increase VIX Trading Hours in Late October

Markets React To Federal Reserve Policy Announcement CBOE Holdings Inc said on Monday that it will expand trading hours for futures on the CBOE Volatility Index about a month later than expected in late October.








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Government Shutdown: Good or Bad News for the Economy?

House Votes On Sweeping Spending Cuts Barring some last-minute miracle, it looks like the government is going to shut down at midnight tonight. Markets fell on the news, but there are also reasons to think this would be good.








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China September official PMI edges up but small firms struggle

Employees assemble washing machines on the production line inside a factory of Hefei Rongshida Sanyo Electric in Hefei China's manufacturing growth edged up only slightly in September with the official Purchasing Managers' Index at 51.1 from August's 51.0, below expectations and adding to worries that its economic recovery ...








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Dimon, bank executives to meet Obama on Wednesday over debt ceiling: WSJ

JPMorgan Chase & Co CEO Dimon speaks about state of global economy at forum hosted by the Council on Foreign Relations (CFR) in Washington JP Morgan chief executive Jamie Dimon is headed for a scheduled meeting, along with other bank executives, with President Barack Obama on Wednesday, the Wall Street Journal reported. While talking to WSJ, ...








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New Zealand bails out stricken state coal miner, bank lenders hit

The New Zealand government said it will pump up to NZ$155 million into Solid Energy and private lenders will swap some debt for equity under a plan to save the troubled coal miner, which is slated for ...



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Ally executive to become Freddie Mac's finance chief

A couple listens as a representative from Freddie Mac talks to them about a loan modification for their home at the National Urban League's Economic Empowerment Tour in Dallas Government-owned mortgage giant Freddie Mac said on Monday it has named James Mackey, a top executive at Ally Financial Inc, as its chief financial officer. Mackey will replace Ross Kari, who announced ...








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Japan business mood hits near six-year high, Abe seen raising tax

A man walks on a pathway next to a building in Tokyo's business district Japanese manufacturers' sentiment improved sharply in the three months to September to a near six-year high, a closely-watched central bank survey showed, cementing the case for Premier Shinzo Abe to proceed ...








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Dollar, Asian shares steady as U.S. government shutdown looms

A visitor walks past logos at the TSE in Tokyo The U.S. dollar and Asian shares held steady on Tuesday as investors waited with bated breath just hours before a deadline that will see much of the U.S. government begin to shut down, which could crimp ...








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In historic step, Japan PM to hike tax; will cushion blow to economy

Japan's Prime Minister Shinzo Abe attends a seminar on Japan-UK security cooperation in Tokyo Japan's Prime Minister Shinzo Abe will take a step on Tuesday that none of his predecessors has tried in more than 15 years - making a dent in the government's runaway debt. Abe, riding a wave of popularity ...








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Wells Fargo to pay Freddie Mac $780 million to settle mortgage claims

A Wells Fargo sign is seen outside a banking branch in New York Wells Fargo & Co said on Monday it will pay $780 million in cash to Freddie Mac to resolve substantially all repurchase liabilities on home loans sold to the government-controlled mortgage company prior ...








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JPMorgan Settlement Complicated by Washington Mutual

JP Morgan Chase & Co sign outside headquarters in New York JPMorgan Chase & Co's possible $11 billion settlement of government mortgage probes has been complicated by a dispute with the FDIC over responsibility for losses at the former Washington Mutual.








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New Service Can Block Pesky — and Illegal — Robocallers

Google engineers can now filter robocalls just like Gmail filters spam The federal do-not-call database was supposed to protect consumers from annoying telemarketing calls. There’s only one problem – fraudulent robocallers ignore the list.








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Container Store Files for $200 Million IPO

The Container Store Group, Inc. Files Registration Statement for Initial Public Offering The Container Store Group Inc. filed paperwork to go public Monday, seeking to raise about $200 million. The Dallas-based company operates 61 stores nationwide.








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Airlines Promise a Return to Civility, for a Fee

Airlines promise a return to civility, for a fee Airlines are introducing a new bevy of fees, but this time passengers might actually like them. Unlike the first generation of charges which dinged fliers for once-free services like checking a bag, these ...








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China Threatens Closure of Mobile News Apps Amid Internet Crackdown

China on Monday launched a crackdown on several mobile news applications that provide news information services without approval from government regulators, threatening to shut down those who refuse to ...



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Portugal Gov't Punished for Austerity Measures

Portugal gov't punished for austerity measures Portuguese voters angry about austerity punished the coalition government's senior party in municipal elections, deepening doubts over whether the debt-heavy eurozone country will be able to abide by the ...








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Japan Manufacturing Slows, but Trend Remains Good

Japanese manufacturing slipped in August, but the government said Monday that output is expected to accelerate in coming months. The overall improvement since late last year could lend support for Prime ...



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Obama Says Government Shutdown Still Preventable

U.S. President Barack Obama makes a statement to the press in the briefing room of the White House U.S. President Barack Obama said on Monday a government shutdown was entirely preventable and accused Republicans in the House of Representatives of manufacturing a crisis that would hurt the economy.








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Chance of U.S. government default less than 10 percent, economists says: Reuters poll

U.S. National Park Ranger Mark Ragan checks his watch while on duty in front of the Lincoln Memorial in Washington There is a less than 10 percent chance that Washington's budget feud will lead to the United States defaulting on any of its debt, according to a majority of economists polled by Reuters since Friday. ...








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Ex-Morgan Stanley broker pleads guilty in insider trading case

The corporate logo of financial firm Morgan Stanley is pictured on a building in San Diego A former Morgan Stanley financial adviser pleaded guilty to an insider trading charge for tipping a childhood friend to Gilead Sciences Inc's plan in 2011 to buy Pharmasset Inc, three days before the $11.2 ...








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Election Risk Rattles Italian Government Bonds

Italie: Les ministres du parti de Silvio Berlusconi démissionnent Political instability put Italy's bonds under heavy selling pressure on Monday after five ministers from former premier Silvio Berlusconi's party stepped down at the weekend, increasing the risk of new elections.








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Wall Street Tumbles as Government Shutdown Looms

Traders work on the floor of the New York Stock Exchange U.S. stocks closed lower on Monday with just hours to go before a midnight deadline to avert a federal government shutdown, but major indexes ended September with solid monthly gains.








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Wall Street Banks Likely Stung Again by Bad Bond-Trading Quarter

A view of the Goldman Sachs stall on the floor of the New York Stock Exchange Wall Street banks have had another rough quarter in bond trading thanks to the U.S. Federal Reserve, and it might get worse before it gets better. Analysts have begun cutting third-quarter profit estimates ...








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SEC Insider Trading Trial Against Mark Cuban Set to Begin

Mavericks owner Cuban argues a call during NBA basketball game against Utah Jazz in Salt Lake City Mark Cuban, the billionaire owner of the Dallas Mavericks NBA basketball team, is set to go on trial on Monday to face civil charges that he committed insider trading in shares of a little-known internet search company nearly a decade ago.








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BP lied about size of U.S. Gulf oil spill, lawyers tell trial

Video image of leaking oil from BP's ruptured well in the Gulf of Mexico In the frantic days after the 2010 Gulf of Mexico oil spill, BP lied about how much oil was leaking from its Macondo well and took too long to cap it, plaintiffs' lawyers said on Monday at the opening ...








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Analysis: U.S. shutdown strategy - Many advisers keep clients in stocks

Schumer, Reid, Murray and Durbin stand with a clock counting down to a government shutdown at a news conference at the U.S. Capitol in Washington Should I stay or should I go? The looming U.S. government shutdown has plenty of investors asking if it's time to exit the stock market or stay put. Stock prices have been under pressure in recent days ...








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Smaller car makers face squeeze from China's 'lemon law'

File photo of employees working along a Geely Automobile Corporation assembly line in Cixi A beefed-up vehicle warranty law that takes effect in China on Tuesday is unlikely to burden global automakers, but will likely raise costs for smaller local players that may add to pressure for eventual ...








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In historic step, Japan PM to hike tax; will cushion blow to economy

Japan's Prime Minister Shinzo Abe attends a seminar on Japan-UK security cooperation in Tokyo Japan's Prime Minister Shinzo Abe will take a step on Tuesday that none of his predecessors has tried in more than 15 years - making a dent in the government's runaway debt. Abe, riding a wave of popularity ...








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SEC to stay open in the event of broader government shutdown

A woman waits for an elevator at the Fort Worth Regional Office of the SEC in Fort Worth The Securities and Exchange Commission will remain open for business even if Congress fails to strike a budget deal to keep the government operating, SEC spokesman John Nester said Monday. "The SEC ...








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U.S. study says asset managers could pose systemic market risk

The U.S. Treasury building is seen in Washington Some activities of asset managers could pose risks to the broader marketplace, according to a study released by the Treasury Department on Monday that boosted the likelihood the largest such firms would ...








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Tesco puts U.S. grocery chain in bankruptcy, seeks sale

A customer walks towards the entrance of a Fresh & Easy Express food market in Burbank Britain's Tesco Plc put its U.S. grocery store chain into bankruptcy on Monday as part of a plan to sell most of the 167 stores to a private equity firm led by billionaire Ron Burkle. The bankruptcy ends ...








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Calpers joins opposition to Richmond, California's mortgage plan

Calpers mission statement is seen posted on the wall in the regional office in Sacramento. As Richmond, California, moves forward with a plan to help struggling homeowners by using its power of eminent domain to seize underwater mortgages, the list of opponents is growing -- and now includes ...








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Senate Rejects House Conditions on Spending Bill, Sets Stage for Gov't Shutdown

U.S. Senate Majority Leader Harry Reid (D-NV) (C) walks with an aide as he arrives for a Senate Democratic caucus meeting at the U.S. Capitol in Washington, September 30, 2013. REUTERS/Jonathan Ernst The Senate voted 54-46 on Monday to strip a one-year delay in President Barack Obama's health care law from the bill that would keep the government operating.








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U.S. third quarter earnings warning ratio is second worst since 2001

A street sign for Wall Street hangs in front of the New York Stock Exchange U.S. companies are warning about third-quarter earnings at a rate lower than last quarter but still at the second highest level since 2001, leaving estimates well below what they were just three months ...








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UK fraud squad fends off court challenge that endangered cases

A sign is displayed in an unmarked Serious Fraud Office vehicle parked outside a building, in Mayfair, central London Britain's Serious Fraud Office on Monday beat back a court challenge that endangered cases against prominent defendants, a big relief for the country's prime financial crime-fighting agency after repeated ...








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U.S. auto sales seen stalling in September after torrid summer

Chevrolet Silverado pickup trucks are seen in Gaithersburg, Maryland The U.S. auto industry's sizzling summer pace stalled in September for the first year-on-year sales decline in more than two years as the month suffered because part of the Labor Day shopping weekend landed ...








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Americans Are Losing Faith in … Themselves

A bicyclist rides under the largest free-flying American flag in the world, over the George Washington Bridge Monday, Sept. 2, 2013, in Fort Lee, N.J. The Port Authority of New York and New Jersey says the flag will fly on Labor Day under the upper arch of the bridge's New Jersey tower. It's meant to honor working men and women across the country. The flag is 90 feet long by 60 feet wide, with stripes measuring about five feet wide and stars about four feet in diameter. (AP Photo/Mel Evans) Americans have growing doubts about their own sensibilities.








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Does the Dow’s 9-Month Sprint Mean It Will Tire in the Fourth Quarter?

When a horse is leading into the home stretch, it can mean it's just hitting its stride or is about to tire. Same with the stock market as October approaches.



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BP knew 2010 U.S. Gulf spill was risk, lawyers tell trial

Aerial photograph shows continuing preparations to drill a relief well at the Macondo oil spill site in the Gulf of Mexico Long before the oil spill in the Gulf of Mexico in 2010, BP knew its Macondo well could explode and then lied about how much oil leaked, plaintiffs' lawyers said at the opening of the second phase of the ...








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SEC insider trading trial against Mark Cuban set to begin

Mavericks owner Cuban argues a call during NBA basketball game against Utah Jazz in Salt Lake City Mark Cuban, the billionaire owner of the Dallas Mavericks NBA basketball team, is set to go on trial on Monday to face civil charges that he committed insider trading in shares of a little-known internet ...








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Let’s Raise the Price of a Stamp to $1

USPS seeking 3 cent stamp price increase The U.S. Postal Service wants to raise the price of a stamp by three cents, to $0.49. That’s not enough. We should hike the price of a stamp to $1.








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Euro zone inflation falls to 3.5-year low in September

The euro sign landmark is seen outside the headquarters of the European Central Bank (ECB) in Frankfurt Inflation in the euro zone cooled at a faster-than-expected pace in September and fell its lowest level since February 2010, signaling that the European Central Bank can maintain its loose monetary policy ...








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Next Fed Chair Must Resist Calls to Trim Stimulus: Kocherlakota

The next chair of U.S. Federal Reserve will need to resist the temptation to wind down the central bank's monetary stimulus in the face of rising criticism of the super-easy policies, a top Fed official ...



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Obamacare: More Coverage at Lower Cost for Young People

Young People Could Get More Coverage at Less Cost under Obamacare: Young Invincibles' Aaron Smith Aaron Smith, executive director of Young Invincibles, says that about 90% of the 19 million uninsured young people in the U.S. will "qualify for tax credits that are going to make health insurance more affordable than ever before."








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AstraZeneca CEO gets two cheers after first year in job

CEO of AstraZeneca, Pascal Soriot, poses for a photograph in this undated picture provided by AstraZeneca in London Fixing ailing drugmaker AstraZeneca remains a work in progress for Chief Executive Pascal Soriot, with sales and profits still heading firmly downhill after his first year in the job. Yet confidence is ...








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Intesa says CEO's departure to improve bank's potential

Enrico Cucchiani's decision to step down as Intesa Sanpaolo's Chief Executive will help Italy's biggest retail lender to reach its full potential, the bank said in a statement on Monday. Cucchiani, at ...



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French defence minister says export potential of A400M huge

French Defence Minister Le Drian listens to a reporter's question before addressing a gathering at the Institute for Defence Studies and Analyses in New Delhi France's defence minister said the export potential for EADS's A400M military transporter was "huge", as the 20 billion euro project started delivering aircraft to its founding nations after ...








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Carlyle Invests in Dr. Dre's Beats, Valuing Company at $1 Billion

Dr. Dre performs at the 2012 Coachella Valley Music and Arts Festival in Indio, California April 15, 2012. REUTERS/David McNew/Files REUTERS - Beats Electronics LLC, a maker of headphones founded by rapper Dr. Dre and music producer Jimmy Iovine, will get a $500 million investment from Carlyle Group (CG.O), a person familiar with the ...








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Reverse Mortgages: A ‘Festering Problem’ Enabled by Government

5 Tips When Considering a Reverse Mortgage The FHA will put in place changes next week making it tougher to qualify for a reverse mortgage while also limiting the amount of money that seniors can draw down on their mortgage








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