EADS says window closed for new BAE merger attempt

It’s being reported that rapper Kanye West and his reality star girlfriend Kim Kardashian have named their brand-new baby, born this weekend, Kaidence Donda West. Donda was Kanye’s late mother’s name, so that makes sense, but, um, Kaidence? What’s going on with Kaidence? ... read more at article source

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FedEx shares dip on growth concerns

(Reuters) – FedEx Corp said on Wednesday it was cutting its capacity between the United States and Asia, sending its shares lower on concerns about future growth, even as the world’s biggest air-freight company posted a stronger-than-expected profit. The company, considered an economic bellwether because of the massive volume of goods it moves around...

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Orders top $100 billion as Ryanair gives Boeing a boost

By Alwyn Scott and Maria Sheahan PARIS (Reuters) – Orders at the Paris Airshow surpassed $100 billion on Wednesday, as planemakers Boeing and Airbus cashed in on demand for fuel-efficient jets and growth in both budget carriers and emerging markets. Ryanair, Europe’s biggest low-cost airline, finalized an order for 175 Boeing 737-800 aircraft worth...

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World Bank watching Fed, ready to respond

By Paul Ingrassia and Mike Peacock LONDON (Reuters) – The World Bank is concerned about the spillover effects on developing countries of a slowing of U.S. money creation and will move to provide affordable capital when borrowing costs rise, its president said on Wednesday. The U.S. Federal Reserve has sparked a bout of financial...

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Wall Street opens flat ahead of Fed

It’s being reported that rapper Kanye West and his reality star girlfriend Kim Kardashian have named their brand-new baby, born this weekend, Kaidence Donda West. Donda was Kanye’s late mother’s name, so that makes sense, but, um, Kaidence? What’s going on with Kaidence? ... read more at article source

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China’s Wanda aims to launch $1 billion NY hotel project this year: chairman

BEIJING (Reuters) – Wanda Group, China‘s largest commercial real estate developer, aims to invest about $1 billion to build a five-star hotel in New York as its third major investment outside its home market, Chairman Wang Jianlin said on Tuesday. The company is now in talks with potential partners for construction of a Wanda...

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Obama says U.S. EU free trade deal can boost jobs and growth

It’s being reported that rapper Kanye West and his reality star girlfriend Kim Kardashian have named their brand-new baby, born this weekend, Kaidence Donda West. Donda was Kanye’s late mother’s name, so that makes sense, but, um, Kaidence? What’s going on with Kaidence? ... read more at article source

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Airbus wins A350 order from Air France-KLM

It’s being reported that rapper Kanye West and his reality star girlfriend Kim Kardashian have named their brand-new baby, born this weekend, Kaidence Donda West. Donda was Kanye’s late mother’s name, so that makes sense, but, um, Kaidence? What’s going on with Kaidence? ... read more at article source

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Vodafone set to trump Liberty with $10 billion cash bid for Kabel: sources

It’s being reported that rapper Kanye West and his reality star girlfriend Kim Kardashian have named their brand-new baby, born this weekend, Kaidence Donda West. Donda was Kanye’s late mother’s name, so that makes sense, but, um, Kaidence? What’s going on with Kaidence? ... read more at article source

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Shares choppy, dollar steady as Fed meets

By Richard Hubbard LONDON (Reuters) – European shares turned lower but major currencies and commodities stuck within recent ranges on Wednesday as investors awaited clarity on the U.S. Federal Reserve‘s next policy move. Mixed reports on the strength of the U.S. economic recovery are expected to encourage the Fed to leave its ultra-loose policy...

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Smithfield CEO could make about $46.6 million from Shuanghui deal

It’s being reported that rapper Kanye West and his reality star girlfriend Kim Kardashian have named their brand-new baby, born this weekend, Kaidence Donda West. Donda was Kanye’s late mother’s name, so that makes sense, but, um, Kaidence? What’s going on with Kaidence? ... read more at article source

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Revision of Cypriot bailout terms not likely: euro zone officials

BRUSSELS (Reuters) – The euro zone does not intend to change the terms of Cyprus‘s bailout as requested by Cypriot President Nicos Anastasiades in a letter sent to euro zone leaders and its lenders, three senior euro zone officials said on Wednesday. Cyprus secured 10 billion euros in emergency loans from the euro zone’s...

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Softbank closer to acquiring Sprint after Dish abandons bid for now

By Sophie Knight and Sinead Carew TOKYO/NEW YORK (Reuters) – Japan‘s SoftBank Corp cleared a major hurdle in its attempt to buy U.S. wireless provider Sprint Nextel Corp, as rival bidder Dish Network Corp declined to make a new offer after SoftBank sweetened its own bid last week. SoftBank Chief Executive Masayoshi Son is...

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Leasing firm CIT orders 30 Boeing 737 MAX planes

It’s being reported that rapper Kanye West and his reality star girlfriend Kim Kardashian have named their brand-new baby, born this weekend, Kaidence Donda West. Donda was Kanye’s late mother’s name, so that makes sense, but, um, Kaidence? What’s going on with Kaidence? ... read more at article source

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Shares edge up, dollar steady as markets await Fed

By Richard Hubbard LONDON (Reuters) – European shares edged higher and major currencies and commodities were little changed on Wednesday as investors awaited clarity on the U.S. Federal Reserve‘s next policy step. Recent mixed data on the health of the U.S. economic recovery is expected to encourage the Fed to leave its ultra-loose policy...

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Oil falls near $98 a barrel before Bernanke speaks

BANGKOK (AP) — The price of oil fell Wednesday, before the conclusion of a U.S. Federal Reserve meeting. Benchmark oil for July delivery fell 13 cents to $98.31 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract rose 67 cents to close at $98.44 a barrel...

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Japan’s trade deficit climbs to $10.5B in May

TOKYO (AP) — Japan‘s trade deficit rose nearly 10 percent in May to 993.9 billion yen (nearly $10.5 billion) as rising costs for imports due to the cheaper yen matched a rebound in exports, the Ministry of Finance reported Wednesday. Exports rose 10.1 percent in May over a year earlier to 5.77 trillion yen...

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Investors look for answers on economy from Fed

WASHINGTON (AP) — Worry and speculation have consumed investors since Chairman Ben Bernanke spoke to Congress last month about the Federal Reserve’s drive to keep long-term interest rates at record lows. On Wednesday, many hope the Fed will settle the confusion. Will the Fed scale back its $85 billion-a-month in bond purchases within “the...

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Asian markets tense before Fed; Nikkei outperforms

By Ian Chua SYDNEY (Reuters) – Japanese stocks rose on Wednesday, thanks to a positive lead from Wall Street and a softer yen, outperforming the rest of Asia which anxiously waited for clarity on the U.S. Federal Reserve‘s next policy step. Major currencies, commodities and U.S. Treasuries were subdued and European stocks were expected...

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Fed seen keeping options open on pace of bond buying

By Alister Bull WASHINGTON (Reuters) – Federal Reserve policymakers will likely announce on Wednesday that they will keep buying bonds at a monthly pace of $85 billion, while keeping their options open to scale back the program later this year if the U.S. labor market continues to improve. Economic data since the 19 officials...

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Asia Markets mostly down as investors eye Fed

SEOUL, South Korea (AP) — Asian markets opened mostly lower Wednesday as investors waited for an update on the U.S. economy from the Federal Reserve and for some clarity from the Fed about its future course. The results of a two-day Fed policy meeting will likely ripple through stock markets once investors learn whether...

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Empire State Building gets ‘left-field’ $2 billion offer to sell

It’s being reported that rapper Kanye West and his reality star girlfriend Kim Kardashian have named their brand-new baby, born this weekend, Kaidence Donda West. Donda was Kanye’s late mother’s name, so that makes sense, but, um, Kaidence? What’s going on with Kaidence? ... read more at article source

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Mexican oil producer Pemex evacuates headquarters after bomb threat

It’s being reported that rapper Kanye West and his reality star girlfriend Kim Kardashian have named their brand-new baby, born this weekend, Kaidence Donda West. Donda was Kanye’s late mother’s name, so that makes sense, but, um, Kaidence? What’s going on with Kaidence? ... read more at article source

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Asia business sentiment rises in second quarter, global growth risk still dominates

By Miyoung Kim SEOUL (Reuters) – Asia‘s top companies have become more optimistic about their business outlook with the retail and shipping industries rebounding sharply in the second quarter of 2013, the latest Thomson Reuters/INSEAD Asia Business Sentiment Survey shows. The Thomson Reuters/INSEAD Asia Business Sentiment Index climbed six points to 71 in June,...

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Nikkei outperforms Asian stocks as Fed looms

By Ian Chua SYDNEY (Reuters) – Japanese stocks rose on Wednesday, thanks to a positive lead from Wall Street plus a softer yen, outperforming the rest of Asia which anxiously seeks clarity on the Federal Reserve‘s next policy step. Major currencies were mostly subdued ahead of the end of the Fed meeting. A policy...

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Chrysler agrees to recall of Jeeps at risk of fire

DETROIT (AP) — After initially defying federal regulators, Chrysler abruptly agreed Tuesday to recall some older-model Jeeps with fuel tanks that could rupture and cause fires in rear-end collisions. But the recall, which came in an 11th-hour deal between the automaker and the National Highway Traffic Safety Administration, covers only 1.56 million of the...

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United Dreamliner diverted due to possible oil filter problem

Rick Perry, the Texas governor and 2012 “oops” presidential candidate, is spending the beginning of this week in Connecticut. Perry, as the governor of Texas, has little on-its-face reason to be in Connecticut. Except, of course, for one: Texas’s unemployment rate, which at 6.4 percent in April is significantly lower than the national average,...

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GM aims for 10 percent of China’s luxury car market by 2020

Rick Perry, the Texas governor and 2012 “oops” presidential candidate, is spending the beginning of this week in Connecticut. Perry, as the governor of Texas, has little on-its-face reason to be in Connecticut. Except, of course, for one: Texas’s unemployment rate, which at 6.4 percent in April is significantly lower than the national average,...

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Kodak prepares $406 million offering as it eyes bankruptcy exit

Rick Perry, the Texas governor and 2012 “oops” presidential candidate, is spending the beginning of this week in Connecticut. Perry, as the governor of Texas, has little on-its-face reason to be in Connecticut. Except, of course, for one: Texas’s unemployment rate, which at 6.4 percent in April is significantly lower than the national average,...

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Adobe expects third-quarter Creative Cloud subscriber adds to exceed second-quarter

By Sruthi Ramakrishnan (Reuters) – Adobe Systems Inc, known for its Photoshop and Acrobat software, reported a higher-than-expected adjusted second-quarter profit and said demand rose for Creative Cloud, the subscription-based version of its flagship software package. The company said it expects the number of paid subscribers for Creative Cloud in the current quarter to...

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Chrysler relents, to recall 2.7 million Jeeps over fuel tanks

By Bernie Woodall DETROIT (Reuters) – Chrysler Group LLC said it would recall 2.7 million older Jeep models after initially fighting a recall request from U.S. regulators in a dispute over crash protection for their fuel tanks. The recall will affect Jeep Grand Cherokee SUVs from model years 1993 to 2004 and Jeep Liberty...

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Tinkler gives up half of Whitehaven stake to lender

It’s being reported that rapper Kanye West and his reality star girlfriend Kim Kardashian have named their brand-new baby, born this weekend, Kaidence Donda West. Donda was Kanye’s late mother’s name, so that makes sense, but, um, Kaidence? What’s going on with Kaidence? ... read more at article source

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U.S. lawmakers urge careful review of American-US Airways deal

It’s being reported that rapper Kanye West and his reality star girlfriend Kim Kardashian have named their brand-new baby, born this weekend, Kaidence Donda West. Donda was Kanye’s late mother’s name, so that makes sense, but, um, Kaidence? What’s going on with Kaidence? ... read more at article source

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Vodafone raises Kabel Deutschland offer after rival bid: report

It’s being reported that rapper Kanye West and his reality star girlfriend Kim Kardashian have named their brand-new baby, born this weekend, Kaidence Donda West. Donda was Kanye’s late mother’s name, so that makes sense, but, um, Kaidence? What’s going on with Kaidence? ... read more at article source

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Dish abandons Sprint bid for now to focus on Clearwire

It’s being reported that rapper Kanye West and his reality star girlfriend Kim Kardashian have named their brand-new baby, born this weekend, Kaidence Donda West. Donda was Kanye’s late mother’s name, so that makes sense, but, um, Kaidence? What’s going on with Kaidence? ... read more at article source

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Exclusive: SunGard explores $2 billion data unit sale

Rick Perry, the Texas governor and 2012 “oops” presidential candidate, is spending the beginning of this week in Connecticut. Perry, as the governor of Texas, has little on-its-face reason to be in Connecticut. Except, of course, for one: Texas’s unemployment rate, which at 6.4 percent in April is significantly lower than the national average,...

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Exclusive: Facebook reaches 1 million active advertisers

By Jennifer Saba (Reuters) – Facebook Inc said on Tuesday it now has 1 million active advertisers globally who used the platform in the last 28 days, a milestone for the company that is seeking to revive its revenue growth. A vast majority of those advertisers are small business owners who have flocked to...

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Google challenges surveillance court on First Amendment grounds

Rick Perry, the Texas governor and 2012 “oops” presidential candidate, is spending the beginning of this week in Connecticut. Perry, as the governor of Texas, has little on-its-face reason to be in Connecticut. Except, of course, for one: Texas’s unemployment rate, which at 6.4 percent in April is significantly lower than the national average,...

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Adobe profit beats as Creative Cloud subscriptions soar

By Sruthi Ramakrishnan (Reuters) – Adobe Systems Inc, which makes the Photoshop and Acrobat software, reported a higher-than-expected adjusted quarterly profit as demand rose for Creative Cloud, the subscription-based version of its flagship software package. Shares of the company rose 4.4 percent in after-market trading. They closed at $43.36 on the Nasdaq on Tuesday....

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Wall St. extends rise, investors see no change in Fed policy

By Ryan Vlastelica NEW YORK (Reuters) – Stocks advanced for a second straight day on Tuesday as investors bet the Federal Reserve would temper statements which were interpreted to mean a sooner-than-expected winding down of stimulus efforts. Strong market breadth showed an increased appetite for equities, but trading volume was light, a sign that...

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EasyJet plane order rekindles Airbus-Boeing subsidy row

Rick Perry, the Texas governor and 2012 “oops” presidential candidate, is spending the beginning of this week in Connecticut. Perry, as the governor of Texas, has little on-its-face reason to be in Connecticut. Except, of course, for one: Texas’s unemployment rate, which at 6.4 percent in April is significantly lower than the national average,...

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Deloitte, NY settle over review of Standard Chartered money laundering

By Karen Freifeld NEW YORK (Reuters) – A financial advisory unit of Deloitte LLP has agreed to pay $10 million and accept other New York state penalties to settle accusations of misconduct related to an investigation of money laundering at Standard Chartered Bank. Deloitte Financial Advisory Services also agreed to a one-year ban on...

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Huawei says has no plans to buy Nokia

Rick Perry, the Texas governor and 2012 “oops” presidential candidate, is spending the beginning of this week in Connecticut. Perry, as the governor of Texas, has little on-its-face reason to be in Connecticut. Except, of course, for one: Texas’s unemployment rate, which at 6.4 percent in April is significantly lower than the national average,...

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Icahn seeks Dell share buyback, buys Southeastern stock

Rick Perry, the Texas governor and 2012 “oops” presidential candidate, is spending the beginning of this week in Connecticut. Perry, as the governor of Texas, has little on-its-face reason to be in Connecticut. Except, of course, for one: Texas’s unemployment rate, which at 6.4 percent in April is significantly lower than the national average,...

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Wall St. advances for second day; Fed in focus

Rick Perry, the Texas governor and 2012 “oops” presidential candidate, is spending the beginning of this week in Connecticut. Perry, as the governor of Texas, has little on-its-face reason to be in Connecticut. Except, of course, for one: Texas’s unemployment rate, which at 6.4 percent in April is significantly lower than the national average,...

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Stocks move higher on home building, low inflation

NEW YORK (AP) — It’s all about the Fed. Still. U.S. stocks moved higher Tuesday, helped by news of a pickup in home building and low inflation. But the Federal Reserve loomed large, with investors trying to guess what the central bank will say Wednesday about how long it plans to keep stimulus programs...

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U.S. court lets stand Ex-Im Bank loan for Air India

SANTA ANA, Calif. (AP) — A California grand jury has indicted a Florida man on charges he strangled his ex-wife and tossed her off a cruise ship in Italy. ... read more at article source

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Exclusive: Japan’s Astellas looks to sell dermatology assets

SANTA ANA, Calif. (AP) — A California grand jury has indicted a Florida man on charges he strangled his ex-wife and tossed her off a cruise ship in Italy. ... read more at article source

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Icahn seeks to allay fears over lack of financing for Dell bid

SANTA ANA, Calif. (AP) — A California grand jury has indicted a Florida man on charges he strangled his ex-wife and tossed her off a cruise ship in Italy. ... read more at article source

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Wall St. rises on hopes of Fed status quo

SANTA ANA, Calif. (AP) — A California grand jury has indicted a Florida man on charges he strangled his ex-wife and tossed her off a cruise ship in Italy. ... read more at article source

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