Daily Archives: January 23, 2013

Apple price slump to hit tech sector

Markets were mixed, but many major equity barometers are tacking near fresh cyclical highs as investors absorb the latest corporate earnings reports  More »

South Korean growth hits three-year low

Economy undershoots market expectations in the fourth quarter of 2012, with gross domestic product just 1.5% higher than a year earlier  More »

JPMorgan names new compliance head

Cindy Armine replaces Martha Gallo as part of shake-up in senior management following London Whale debacle and multi-billion dollar trading loss  More »

Netflix soars as 2m subscribers added

After a roller-coaster two years marred by a botched rebranding and a price increase, the group posted an unexpected profit in the fourth quarter  More »

US to allow women in combat units

As well as allowing women to take part in combat, the end of the ban will permit them to apply for the sorts of roles that can rapidly boost careers  More »

Railroads focus on natural gas

U.S. railroads are looking to natural gas to help meet a 2015 deadline for lowering emissions. But it’s unlikely that more than a handful of locomotives will be using the fuel by then.  More »

FSA probes ICAP over Libor fixing

The UK watchdog has been investigating a subsidary of the interdealer broker for possible breaches of market conduct rules  More »

53 senators push Obama to approve Keystone XL

A bipartisan group of 53 senators on Wednesday urged President Barack Obama to approve the controversial Keystone XL pipeline, over the objections of environmental activists who have made it a signature issue.  More »

Cameron puts EU future on the line

Speech rallies party as Berlin and Paris make it clear they want Britain to stay in the EU club – but not at any price  More »

House passes debt limit extension

The bill would essentially render moot the need to raise the debt limit above $16.4tn by the end of next month, delaying the threat of default  More »

Scientists look to DNA for data storage

A team at the European Bioinformatics Institute in Cambridge has developed a new method to meet the huge challenge of storing data  More »

Lawmakers seek broader support for revenue sharing plan

A Louisiana Democrat and Alaska Republican are looking to use the lure of guaranteed federal funding for state restoration programs as a way to draw support for a new plan to give coastal states a share of offshore drilling revenue.  More »

TransCanada moving downtown office

TransCanada Corp. has run out of room at its current digs at 717 Texas and is moving a couple of blocks away, where it’s found more space.  More »

Sierra Club names new Texas chief

Scheleen Walker is succeeding Ken Kramer, who is retiring after nearly a quarter centur heading the Lone Star chapter of the Sierra Club environmental group.  More »

US credit card-backed issues soar

Investor confidence in debt backed by customers’ credit card balances has been boosted by the falling number of personal bankruptcies  More »
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