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080ad6e31b571b857bdc77894d4f77ca | https://www.cnbc.com/2007/09/20/ma-bankers-deal-with-something-new-idle-time.html | M&A Bankers Deal With Something New: Idle Time | M&A Bankers Deal With Something New: Idle Time
Private equity consultant Jeff Temple and his friend at a major Wall Street investment bank had been used to working well into the evening -- which was why they were surprised to find they weren't too busy to meet for drinks at 5:30 p.m. recently.
Temple, a partner at ProA... |
7829f92fcef61824c848ea7ee0f2649e | https://www.cnbc.com/2007/09/20/macquarie-samsung-mull-215-billion-seoul-project.html | Macquarie, Samsung Mull $21.5 Billion Seoul Project | Macquarie, Samsung Mull $21.5 Billion Seoul Project
Macquarie Bank and a consortium led by Samsung are preparing bids for a 20 trillion won (US$21.5 billion) project to develop a business district in central Seoul, sources close to the plans said.
State-run Korea Railroad and Seoul's city government said in August they... |
e1ac1a59993cdd137e302c32e79fa371 | https://www.cnbc.com/2007/09/20/mad-mail-did-brother-bernanke-save-the-frat-party.html | Dear Jim: I Love You! You are the MAN! The hottest man on the planet! What a beautiful day with these awesome rate cuts from "blessed Ben"! My Cramer-inspired portfolio got a lovely lift yesterday! Thank you! We won! This bullish blonde is doing a touchdown dance right now! My sister is having a baby right now so I had... | |
08d1f4b4dd524dc2f5fa3ad9c41a4fbd | https://www.cnbc.com/2007/09/20/mixed-market-messages.html | Trader Talk | Trader Talk
Lots of pros and cons today -- stock market watching, the fight being played out in the commodities market (oil up), bond market and currencies.Bullish developments: 1) Blackstone president Hamilton James saying the market will work through LBO debt "surprisingly fast"; 2) Political will on subprime mess --... |
f50b3eaea7b0f0224039d4eef997d0ee | https://www.cnbc.com/2007/09/20/most-us-airlines-to-stop-issuing-paper-tickets.html | Most U.S. Airlines to Stop Issuing Paper Tickets | Most U.S. Airlines to Stop Issuing Paper Tickets
Next summer, paper airline tickets will go the way of vinyl records and rotary-dial phones: They won't entirely disappear, but they'll be hard to find.
On June 1, the industry association that handles ticketing for most major airlines will stop issuing paper tickets. Som... |
8815dcf77ee5be5270ff8df44fe3b77b | https://www.cnbc.com/2007/09/20/nasdaq-borse-dubai-reach-deal-on-omx-qatar-steps-in.html | Nasdaq, Borse Dubai Reach Deal on OMX, Qatar Steps In | Nasdaq, Borse Dubai Reach Deal on OMX, Qatar Steps In
Stock market operator Nasdaq and Borse Dubai joined forces on Thursday with a deal allowing Nasdaq to buy Nordic markets operator OMX and create "a global financial marketplace" which also sees Borse Dubai take key stakes in both the London Stock Exchange and Nasdaq... |
b50e56a59e45b2082f783e02dfb4609e | https://www.cnbc.com/2007/09/20/needling-biocryst.html | Needling BioCryst | Needling BioCryst
CNBC.com
BioCryst Pharmaceuticals drew the short straw, er, needle. The biotech company says a majority of patients in a mid-stage clinical trial of its experimental seasonal and pandemic flu antiviral Peramivir got the drug using too short of an injection needle.
In other words, BioCryst claims those... |
b5d64f9727d7185810cf28abb8e30581 | https://www.cnbc.com/2007/09/20/nestle-names-americas-head-bulcke-as-ceo.html | Nestle Names Americas Head Bulcke as CEO | Nestle Names Americas Head Bulcke as CEO
Nestle, the world's largest food company, named insider Paul Bulcke as its new chief executive, replacing Peter Brabeck, who will drop his executive functions in 2008 to serve as group chairman.
The surprise choice of Bulcke, head of Nestle's Americas operations, confounds wide ... |
da2011d81abe0a316f505c073cb7f15e | https://www.cnbc.com/2007/09/20/northern-rock-takeover-hopes-ebb-hbos-denies-problems.html | Northern Rock Takeover Hopes Ebb, HBOS Denies Problems | Northern Rock Takeover Hopes Ebb, HBOS Denies Problems
Shares in beleaguered U.K. bank Northern Rock tumbled over 30% to a record low on Thursday amid renewed concerns that a suitor may not materialize to pull it back from the brink.
Worries that the funding crisis would spread to its bigger rivals also spooked investo... |
c080365669a69f09d92c976996b825d5 | https://www.cnbc.com/2007/09/20/oil-closes-above-83-on-weak-dollar-storm-fears.html | Oil Closes Above $83 on Weak Dollar, Storm Fears | Oil Closes Above $83 on Weak Dollar, Storm Fears
Oil Pipeline
Crude oil prices surged further into record terrain Thursday, closing above $83 per barrel as the weak dollar and some worrisome weather in the Gulf of Mexico spurred buying.
The weather system, which forecasters said might develop into a tropical depression... |
89e7e30543ab3247f6bafb8f454da5d0 | https://www.cnbc.com/2007/09/20/on-the-line-yum-brands-ceo-david-novak.html | The restaurant business is notoriously inconsistent, but Yum! Brands has managed to buck the trend. Chairman and CEO David Novak attributes this to the global growth the fast-food chain gets from diverse brands like Taco Bell, Pizza Hut and Kentucky Fried Chicken.
That diversity offers Yum! the chance to expand around... | |
dfabc3bd0b34c43d412d757249d0e774 | https://www.cnbc.com/2007/09/20/pier-1-imports-reports-smaller-quarterly-loss.html | Pier 1 Imports Reports Smaller Quarterly Loss | Pier 1 Imports Reports Smaller Quarterly Loss
Pier 1 Imports reported a smaller quarterly loss Thursday as the home décor retailer phases out its Pier 1 Kids and e-commerce units to try to return to profitability.
The company's loss narrowed to $43.4 million, or 49 cents a share, in the second quarter ended on Sept. 1 ... |
785395c0635ead36bd9269b1bf3634de | https://www.cnbc.com/2007/09/20/prices-extend-drop-after-jobless-claims-fall.html | Prices Extend Drop After Jobless Claims Fall | Prices Extend Drop After Jobless Claims Fall
U.S. Treasuries prices fell Thursday after a surprise drop in weekly jobless claims eased worries about a weakening labor market added to the pressure caused by concerns about inflation.
Initial jobless claims fell 9,000 last week, contrary to expectations for an increase an... |
5dc488ba706b9d20507ae135fbb45749 | https://www.cnbc.com/2007/09/20/sainsbury-opens-books-to-delta-two-in-bid-tussle.html | Sainsbury Opens Books to Delta Two in Bid Tussle | Sainsbury Opens Books to Delta Two in Bid Tussle
Takeover target J. Sainsbury is allowing Qatari-backed investment fund Delta Two access to its books, the companies said on Thursday, the latest stage in a 10.6 billion pound ($21.4 billion) bid tussle.
In a revised bid proposal, Delta Two, which already owns 25% of Brit... |
a8ccc3f67d097899a2425d963ff471cc | https://www.cnbc.com/2007/09/20/sallie-mae-buyers-spar-over-takeover-terms.html | Sallie Mae, Buyers Spar Over Takeover Terms | Sallie Mae, Buyers Spar Over Takeover Terms
The gloves came off on Thursday in the dispute between Sallie Mae and the consortium of banks and private equity firms that agreed to pay $25 billion for the student lender but now claim closing conditions to the deal may not be met.
The consortium agreed to pay $60 a share f... |
31a10d1d3de52be45cd33c6a2deb52cf | https://www.cnbc.com/2007/09/20/sell-block-trading-the-rate-cut.html | When the Federal Reserve changes its strategy, investors have to follow suit, Cramer said.
That’s why he was bullish on Wells Fargo , Bank of America and US Bancorp before Tuesday’s 50-basis-point rate cut, but now thinks Wachovia is the better trade.
VIDEO0:0000:00Mad Money Sell Block
If the Fed hadn’t taken such d... | |
c0e0894c802d110f601068fc9a4fca3b | https://www.cnbc.com/2007/09/20/sudden-death-rambus-paccar-qwest-and-more.html | Acadia Pharmaceuticals : Cramer liked Acadia, but then he switched his recommendation to Nastech.
VIDEO0:0000:00Mad Money Sudden Death
Qwest Communications International : Qwest is starting to move, Cramer said. He thinks it goes to $10.
Qiao Xing Universal Telephone :China Telecom is a better play.
Paccar : "I like Pa... | |
09b9c380cbf80433420e0575b7cb3daa | https://www.cnbc.com/2007/09/20/the-business-of-the-undead.html | The Business of the Undead | The Business of the Undead
There is a group of do-gooders based in St. Louis who hold blood drives and sell t-shirts and generally try to educate people about how best to prepare for disaster. Any disaster. Like, even the ultimate-worst-horrible-oh-my-goodness-I-can't-believe-this-is-happening-to-me kind of disaster. J... |
c3321b10935c20f4c21ca1a149e6aa1f | https://www.cnbc.com/2007/09/20/uk-august-retail-sales-beat-forecasts.html | U.K. August Retail Sales Beat Forecasts | U.K. August Retail Sales Beat Forecasts
British retail sales volumes rose more strongly than expected in August but retailers had to slash prices for a second consecutive month to lure in customers, official data showed on Thursday.
The Office for National Statistics said sales rose 0.6% last month, taking them up 4.9%... |
1974457c0f8e0cb68c5529e10073e1f3 | https://www.cnbc.com/2007/09/20/us-agriculture-secretary-mike-johanns-resigns.html | U.S. Agriculture Secretary Mike Johanns Resigns | U.S. Agriculture Secretary Mike Johanns Resigns
President Bush Thursday said Agriculture Secretary Mike Johanns will step down as Johanns considers a bid for a U.S. Senate seat from Nebraska.
Johanns is the latest in a string of senior administration officials to leave in recent months, following Attorney General Alber... |
2d5ab1e65fdd5db9cc816f33346bf7e4 | https://www.cnbc.com/2007/09/20/warren-buffett-trims-petrochina-stake-in-third-filing.html | Buffett Watch | Buffett Watch
Warren Buffett's Berkshire Hathaway has once again trimmed its stake in PetroChina. The sale of 28 million shares for roughly $40 million further reduces his stake to 8.93 percent from just over 11 percent earlier this year.
It's the third reported sale in recent months. About a week ago we learned that... |
655956476921c5936db2bb91a57b0b3f | https://www.cnbc.com/2007/09/20/warren-buffetts-berkshire-hathaway-adds-to-burlington-northern-options.html | Buffett Watch | Buffett Watch
Warren Buffett's Berkshire Hathaway holding company has bought some more call options on Burlington Northern Santa Fe, but not nearly as many as revealed in another filing earlier this month.
In a filing with the SEC about two hours ago, Berkshire says that last Tuesday it acquired options giving it the r... |
e4d508beb8d1a7e52382c4b030079209 | https://www.cnbc.com/2007/09/20/worlds-worst-company.html | What’s the world’s worst company? In Thursday’s Web.Extra, Jeff Macke reveals the retailer he considers the bottom of the barrel. Also, should you buy BEA Systems on Carl Icahn’s increased stake?
This content is exclusively for you our internet audience. You won’t find these trades on TV!
VIDEO0:0000:00Fast Money Web E... | |
70cf7db37bc3590a1d272f8ac2f046d1 | https://www.cnbc.com/2007/09/20/yuan-rise-to-spur-domestic-china-growth.html | Yuan Rise to Spur Domestic China Growth | Yuan Rise to Spur Domestic China Growth
A more flexible yuan would not hold back China's growth or cause deflation but would help Beijing rebalance its economy towards domestic consumption, a top U.S. Treasury official said on Thursday.
David McCormick, the Treasury's new undersecretary for international affairs, said ... |
bff5f484b7657657dee49900f8d0ed4f | https://www.cnbc.com/2007/09/21/ad-supported-models-in-subscription-based-are-out.html | Ad Supported Models In, Subscription Based Are Out | Ad Supported Models In, Subscription Based Are Out
CNBC.com
Free is the big trend these days when it comes to TV and newspaper content on the web. Television networks and newspapers are adopting free, ad-supported models online. They're ditching pay-per-episode and subscription services to go after a bigger audience an... |
a5043a4a207f5d879d30bc40a2e93d40 | https://www.cnbc.com/2007/09/21/airbus-coo-sees-strong-euro-hurting-recovery.html | Airbus COO Sees Strong Euro Hurting Recovery | Airbus COO Sees Strong Euro Hurting Recovery
Airbus's chief operating officer said the rise in the euro to above $1.4 meant the European plane maker might have to find another billion euros in savings under a restructuring plan drawn up with the euro at $1.35.
"If the euro remained durably at $1.45, that would mean we ... |
ba192d2db3321bb530f4e54e0c7294b6 | https://www.cnbc.com/2007/09/21/asian-markets-close-mixed-us-inflation-in-focus.html | Asian Markets Close Mixed, U.S. Inflation in Focus | Asian Markets Close Mixed, U.S. Inflation in Focus
Asian markets had a mixed end to the week as worries about U.S. inflation grew on the back of a persistently weak U.S. dollar. Japan closed lower but South Korea finished at a seven-week high despite spending most of the session in flat territory.
South Korea's KOSPI r... |
a8ba2d996c0a303e698e5387fe539288 | https://www.cnbc.com/2007/09/21/best-week-in-6-months.html | BEST WEEK IN 6 MONTHS:
The headline: Investors Basking in Rate Cut Glow, Drive Stocks To Best Weekly Gains Since March.
The S&P 500 gained 2.8% this week explains Dylan Ratigan. Weakness from Morgan Stanley (MS) and Bear Stearns (BSC) were no match for the strong earnings from Oracle (ORCL) and The Fed rate cut he says... | |
f757a62df77c50dd0072ca30161d5e19 | https://www.cnbc.com/2007/09/21/bill-gates-again-tops-list-of-richest-americans.html | Bill Gates Again Tops List of Richest Americans | Bill Gates Again Tops List of Richest Americans
Microsoft founder Bill Gates is the richest person in America for the 14th year in a row, followed by investor Warren Buffett, according to Forbes magazine's latest list of the wealthiest Americans.
Bill GatesAP
The pair's fortunes each grew by $6 billion in the past year... |
7cfa8e888df575921cea64f0a25b1342 | https://www.cnbc.com/2007/09/21/billionaire-ross-offers-to-buy-american-home-unit.html | Billionaire Ross Offers to Buy American Home Unit | Billionaire Ross Offers to Buy American Home Unit
An affiliate of billionaire investor Wilbur Ross has offered to buy bankrupt American Home Mortgage's loan servicing unit for a price expected to be more than $400 million, court papers filed on Friday show.
Ross, who has profited by investing in distressed industries,... |
1ed17a882ef10ba50acdf4abc5fe40fe | https://www.cnbc.com/2007/09/21/boone-pickens-10-bet-with-me-will-i-win.html | Boone Pickens' $10 Bet With Me (Will I Win?) | Boone Pickens' $10 Bet With Me (Will I Win?)
Boone PickensAP
I was driving through Manhattan this afternoon when my phone rang. It was an unfamiliar Dallas phone number. I answered. It was Jay Rosser, Boone Pickens' PR guy asking me to hold for the college sports world's most powerful booster.
It was only hours before ... |
27a9d7b93f7458cb1b209ce6b5631d82 | https://www.cnbc.com/2007/09/21/boone-pickens-the-worlds-most-suffering-fan.html | Boone Pickens: The World's Most Suffering Fan? | Boone Pickens: The World's Most Suffering Fan?
Boone PickensRichard Drew
Oil might be above $80 a barrel, but Texas billionaire Boone Pickens probably has mixed emotions these days. Why? Because his Oklahoma State football team is not good. I'm a big college football fan and I thought they actually had a chance to show... |
a447d07e8b06e8b96ed61550cb22e31d | https://www.cnbc.com/2007/09/21/cbs-and-moonves-in-media-spotlight.html | CBS And Moonves In Media Spotlight | CBS And Moonves In Media Spotlight
Les MoonvesAP
CBS President and CEO Les Moonves, wanting to dispel concerns that an economic slowdown would hurt ad sales, said that CBS ad sales are up 30% in the current scatter market, at Merrill Lynch's Media conference. Moonves has good reason to want investors to think CBS won't... |
b5b8d6ab8669f5f15f02a10db85f95ef | https://www.cnbc.com/2007/09/21/cell-turns-sirtris-into-serious-buy.html | "Cell" Turns Sirtris Into Serious Buy | "Cell" Turns Sirtris Into Serious Buy
CNBC.com
It's relatively lightly traded and it's a very small market cap (under $500 million), but shares of Sirtris Pharmaceuticals are sitting at a new high in the early going today. The stock has had a very nice move since the end of June when it was trading for less than 10 buc... |
ee5dc7cbe178893d25a5b297eb064e6e | https://www.cnbc.com/2007/09/21/chevron-gets-kazakh-blessing-over-oil-project.html | Chevron Gets Kazakh Blessing over Oil Project | Chevron Gets Kazakh Blessing over Oil Project
Chevron secured crucial backing from the Kazakh president over its huge Tengiz oil project on Friday, but foreign investors remained wary as a row over another major Western oil project remained unsolved.
Chevron CEO Dave O'Reilly flew to Kazakhstan on Friday for talks wit... |
3b7bf827331a4f45193a04442619c34a | https://www.cnbc.com/2007/09/21/china-to-limit-investments-in-hong-kong-stocks.html | China to Limit Investments in Hong Kong Stocks | China to Limit Investments in Hong Kong Stocks
Beijing will cap a program allowing its citizens to invest in Hong Kong's stock market, regulators said on Friday, scaling back an earlier aggressive plan to open a gateway for its capital accounts.
The prospect of a new infusion of a wave of cash drove the index of Hong K... |
211c580fa8af8c7993fbdc6b2c1a3dd2 | https://www.cnbc.com/2007/09/21/digital-revolution-the-pc.html | With emerging markets gobbling up notebook computers, Morgan Stanley raising its 2007 PC growth forecast 4%, and the major PC makers all up more than 5% in a month – has the PC become a cornerstone of the digital revolution?
VIDEO0:0000:00Tomorrow's Headlines #1
CNBC Silicon Valley Bureau Chief Jim Goldman joined the t... | |
f97cebf5e29b086646d02acd4d25f9f2 | https://www.cnbc.com/2007/09/21/energy-gains-give-sp-needed-boost.html | Trader Talk | Trader Talk
No economic data today but it is quadruple witching expiration, the quarterly S&P rebalancing, and we are approaching the end of the quarter.
The good news: for all the worries, the S&P 500 is up 1.02% for the quarter (as of yesterday). The bad news: without the big gains in energy, the index would be down ... |
0e42721951c28b953f19e7518d5dfe62 | https://www.cnbc.com/2007/09/21/eu-clashes-with-us-over-airline-emissions-trade.html | EU Clashes with U.S. Over Airline Emissions Trade | EU Clashes with U.S. Over Airline Emissions Trade
The European Union will press ahead with plans to include aviation in its emissions trading system despite United States' efforts through a U.N. body to discourage it, a spokeswoman for the EU executive said on Friday.
Airline emissions are at the top of the agenda of a... |
56eef6f6d3da3413e19be6e550c1679a | https://www.cnbc.com/2007/09/21/europe-closes-higher-despite-worries-about-oil-dollar.html | Europe Closes Higher Despite Worries About Oil, Dollar | Europe Closes Higher Despite Worries About Oil, Dollar
European stocks closed the week moderately higher, but volatility is seen ahead as investors worry about the effects of soaring oil prices and a weaker dollar on inflation in the U.S.
The London FTSE-100 , Paris CAC-40 and Frankfurt DAX were slightly higher, while ... |
31016978f2e638e2e5a60b4081d93344 | https://www.cnbc.com/2007/09/21/european-stocks-set-to-dip-as-inflation-worries-rise.html | European Stocks Set to Dip as Inflation Worries Rise | European Stocks Set to Dip as Inflation Worries Rise
European stocks are expected to open lower on Friday, trimming gains made earlier this week on a Federal Reserve-induced rally, as oil prices again hit a record high and stoke inflation concerns.
No major economic data is due and Italian energy group ENI is the only ... |
23817bb603bc0b384b0103ba49e39a58 | https://www.cnbc.com/2007/09/21/eurozone-pmi-falls-to-2year-low-hit-by-markets.html | Eurozone PMI Falls to 2-Year Low, Hit by Markets | Eurozone PMI Falls to 2-Year Low, Hit by Markets
A global credit crunch knocked down Eurozone private sector growth to a two-year low in September as new orders plunged, a survey showed on Friday, making any further interest rate hike this year unlikely.
The figures provide clear evidence that turmoil which has seen st... |
9d3e9183b5f73919d89b30df4e39287a | https://www.cnbc.com/2007/09/21/fed-rally-finally-fades.html | Stocks pulled back Thursday after their best two days in four years. But it wasn’t the equity market that traders were talking about. It was a record low dollar, record high oil and surging gold prices. Why have these things become the talk of the trading floors?
GOOD AS GOLDMAN: The headline: Goldman Sachs (GS) Report... | |
66b0c98a6ce32a4e711bb76f802fa664 | https://www.cnbc.com/2007/09/21/feds-kohn-inflation-goals-can-stabilize-market-views.html | Fed's Kohn: Inflation Goals Can Stabilize Market Views | Fed's Kohn: Inflation Goals Can Stabilize Market Views
Federal Reserve Vice Chairman Donald Kohn, who has opposed setting inflation targets at the U.S. central bank, Friday said inflation goals can hold expectations steady and provide workers and businesses more certainty about the course of inflation.
"Evidence has ac... |
92a9199184258e62e1950ff23b6081ca | https://www.cnbc.com/2007/09/21/forbes-400-richest-dont-feel-sorry-for-waltons.html | Holiday Central | Holiday Central
CNBC.com
The list of Forbes 400 Richest Americans is out. Much is being made (on our network as well) about the fact that the family members of Wal-Mart founder Sam Walton are not in the top ten rankings of the richest Americans. This is the first time that the Walton's have not been in the top ten sinc... |
b3d25af39e27e09938c2988d3c2bdf50 | https://www.cnbc.com/2007/09/21/fortis-details-184-billion-share-issue.html | Fortis Details $18.4 Billion Share Issue | Fortis Details $18.4 Billion Share Issue
Belgium's Fortis, one of three banks bidding as part of a consortium to buy ABN Amro Holding, released details of a 13.2 billion euros ($18.4 billion) share issue Friday to raise cash to fund its part of the takeover.
Fortis's rights issue -- meaning it will be available only to... |
2e4d71a647775fdc2be20ee4a21e051d | https://www.cnbc.com/2007/09/21/frances-lagarde-says-wants-ecb-to-examine-euro.html | France's Lagarde Says Wants ECB to Examine Euro | France's Lagarde Says Wants ECB to Examine Euro
The European Central Bank needs to look at the impact of the high-flying euro when it meets next month and draw the appropriate lessons, French Finance Minister Christine Lagarde said on Friday.
Speaking to reporters after two days of meetings in Beijing, Lagarde said she... |
9eb8d420398e2168bd2171788c2eee5a | https://www.cnbc.com/2007/09/21/gm-union-resume-talks-still-apart-on-health-costs.html | GM, Union Resume Talks, Still Apart on Health Costs | GM, Union Resume Talks, Still Apart on Health Costs
General Motors and the United Auto Workers union resumed negotiations Friday after adjourning talks in the early hours as 73,000 GM workers returned for another day of work without a new contract.
Talks adjourned around 12:45 a.m. ET on Friday, GM spokesman Tom Wickha... |
af6d5fa901315d1c760543fd49baa6d4 | https://www.cnbc.com/2007/09/21/gold-makes-a-22year-high-manduca-says-buy-more.html | Gold Makes a 22-Year High; Manduca Says Buy More! | Gold Makes a 22-Year High; Manduca Says Buy More!
What is the retail equity investor to do? By most measures the retail investor in Europe has not participated in the bull market. This market isn't exhibiting classic signs of peaking and it doesn't look terribly expensive on traditional metrics. But who is stepping up ... |
7168133027998b7b40b2b5e766616235 | https://www.cnbc.com/2007/09/21/google-seeks-eu-nod-to-buy-doubleclick.html | Google Seeks EU Nod to Buy DoubleClick | Google Seeks EU Nod to Buy DoubleClick
Googlefiled with the European Union competition regulator on Friday for permission to buy rival DoubleClick for $3.1 billion, and the deal almost immediately became contentious.
The European Commission said it had set a review deadline of Oct. 26, when it could approve the deal, g... |
6636c42d74423c1eaad2b2e62787e3d7 | https://www.cnbc.com/2007/09/21/googles-stock-hits-record-market-value-175-billion.html | Google's Stock Hits Record; Market Value $175 Billion | Google's Stock Hits Record; Market Value $175 Billion
Google's stock reached a new high Friday, reflecting Wall Street's renewed faith in the Internet search leader as it introduces new ways for advertisers to reach its steadily expanding online audience.
Google HeadquartersAP
The shares climbed to $560.55 in midday t... |
31970923a38d1e301daca8e86e1dfb33 | https://www.cnbc.com/2007/09/21/harmans-8-billion-buyout-is-latest-deal-to-falter.html | Harman's $8 Billion Buyout Is Latest Deal to Falter | Harman's $8 Billion Buyout Is Latest Deal to Falter
Two private equity firms have backed out of their $8 billion buyout of upscale audio equipment maker Harman International Industries, making it the latest in a string of such deals to run into trouble amid tightening global credit conditions.
Kohlberg Kravis Roberts &... |
36020d291fdf237fd1fd11e7b8624210 | https://www.cnbc.com/2007/09/21/homeowners-just-dont-understand-value-of-homes.html | Homeowners Just Don't Understand Value Of Homes | Homeowners Just Don't Understand Value Of Homes
AP
A new survey out today from Reuters/University of Michigan looks at homeowners’ perceptions of their own homes’ values. When the survey flashed over the wires this morning, my email lit up with all the “Alert” desk folks at CNBC saying, “Omigod, this is huge.” I don’t ... |
ebc31f4efb375b9ba2a0b66397d5be13 | https://www.cnbc.com/2007/09/21/hsbc-shuts-us-subprime-unit-cuts-750-jobs.html | HSBC Shuts U.S. Subprime Unit, Cuts 750 Jobs | HSBC Shuts U.S. Subprime Unit, Cuts 750 Jobs
HSBC,Europe's biggest bank, said it would close its U.S. subprime mortgage unit, cutting 750 jobs and taking an $880 million writedown, because the business is no longer sustainable.
For HSBC, which is under pressure from activist investors to shake up its corporate governan... |
6993843b949bc1b4a03a96464f0451df | https://www.cnbc.com/2007/09/21/making-money-across-america-denver-video-roundup.html | Making Money Across America: Denver -- Video Roundup | Making Money Across America: Denver -- Video Roundup
“Power Lunch” is in Denver, looking at diverse Rocky Mountain success stories, ranging from real estate to air travel to a Mexican fast-food restaurant company. Here's what some of the guests on the program are saying.
CEO Margaret Kelly
VIDEO0:0000:00Housing to the ... |
d74e3d3fb74e5f6baef9e97ff141d868 | https://www.cnbc.com/2007/09/21/market-hangover-party-for-stocks-may-be-over-soon.html | Market Hangover: Party For Stocks May Be Over Soon | Market Hangover: Party For Stocks May Be Over Soon
You wouldn't know it from this week's rally, but the runup in stocks following the Fed's surprise rate cut may be nearing an end.
"It was a two-day party, the bar was open and drinks were free," Christopher Mayer, managing editor of Capital & Crisis, told CNBC.com. "I ... |
f090f5f226b3170a99d301eb8e3d9aa2 | https://www.cnbc.com/2007/09/21/masco-cuts-2007-forecast-citing-housing-weakness.html | Masco Cuts 2007 Forecast, Citing Housing Weakness | Masco Cuts 2007 Forecast, Citing Housing Weakness
Building products maker Masco cut its 2007 earnings forecast Friday, citing weaker-than-expected housing starts.
The maker of cabinets, faucets, paint and other products said it expects 2007 earnings of $1.55 to $1.65 per share.
Previously, it had forecast $1.60 to $1.7... |
24403c581a3d562a12cc07b7a939beb2 | https://www.cnbc.com/2007/09/21/merck-halts-ineffective-hiv-vaccine-study.html | Merck Halts 'Ineffective' HIV Vaccine Study | Merck Halts 'Ineffective' HIV Vaccine Study
Merckhas halted testing of its vaccine to prevent infection with HIV -- long considered among the most promising vaccines in development -- after a monitoring board found it was ineffective, the company said.
The failed tests represent a major setback in the global effort to ... |
4a35a73e67813a0c7697c5f1b9cb6f93 | https://www.cnbc.com/2007/09/21/more-americans-say-value-of-their-home-has-fallen.html | More Americans Say Value Of Their Home Has Fallen | More Americans Say Value Of Their Home Has Fallen
A record 26% of U.S. homeowners say the value of their homes has fallen during the past year, above the previous peak of 24% seen in 1992, a survey released Friday showed.
Reflecting the extent of the prolonged housing slump, 21% of homeowners polled in September expect... |
88f621f2ac5cf9b439e6df0fd3e08005 | https://www.cnbc.com/2007/09/21/new-nestle-ceo-will-stick-to-current-strategy.html | New Nestle CEO will Stick to Current Strategy | New Nestle CEO will Stick to Current Strategy
Nestle's Chief Executive designate Paul Bulcke stressed on Friday he will stick to the world's largest food company's current strategy, targeting annual underlying sales growth of 5% to 6%.
Bulcke, currently head of Nestle's Americas operations, was the surprise choice as n... |
0a211750e15dd91153602a98c20d9906 | https://www.cnbc.com/2007/09/21/nike-runs-away-on-global-growth.html | Trader Talk | Trader Talk
Nike beat estimates and had impressive growth globally--50% increases in sales in China! Nike is typical of the new breed of truly international companies: International sales are now 60% of total sales.
Still, with a slowing retail environment in the U.S., additional gains will be tough to come by here. Re... |
b7f2b1878fd70d9e4b364c0f98103251 | https://www.cnbc.com/2007/09/21/noble-chairman-ceo-president-resigns.html | Noble Chairman, CEO, President Resigns | Noble Chairman, CEO, President Resigns
Oil and gas services provider Noble said Friday that Mark A. Jackson has resigned as chairman, president and chief executive, effective immediately, and will be replaced on an interim basis by William A. Sears.
Sears has been a director of the company since January 1998. Sears has... |
abedb30a99085543c5a849465cfe4bd4 | https://www.cnbc.com/2007/09/21/norman-hsu-why-story-may-hang-over-hillary-others.html | Norman Hsu: Why Story May Hang Over Hillary, Others | Norman Hsu: Why Story May Hang Over Hillary, Others
Here's why the Norman Hsu case is so alarming--for Hillary Clinton and other presidential candidates, not to mention the investors who prosecutors say were swindled out of $60-million. It's that no one knows how big this iceberg is.
VIDEO0:0000:00Norman Hsu Fallout
Ca... |
52778829f7c90bdbb0b76d394384a63c | https://www.cnbc.com/2007/09/21/northern-rock-shares-volatile-as-future-uncertain.html | Northern Rock Shares Volatile as Future Uncertain | Northern Rock Shares Volatile as Future Uncertain
Northern Rock shares see-sawed Friday after a paper reported that it refused help from JPMorgan and as bargain-hunters stepped in to grab the stock in the hope of future gains.
The British bank turned down an offer of 500 million pounds ($1 billion) in funding from U.S.... |
3e0e09394977f16ecf19140bbf083de7 | https://www.cnbc.com/2007/09/21/norways-energy-minister-resigns.html | Norway's Energy Minister Resigns | Norway's Energy Minister Resigns
Norwegian Petroleum and Energy Minister Odd Roger Enoksen has resigned, the prime minister's office said on Friday without naming his replacement.
Earlier Norwegian broadcaster NRK reported that Enoksen would step down to make room for the leader of his Centre Party, Aaslaug Haga, to ta... |
2016b016bbc9e31e68a0ccee556f61b9 | https://www.cnbc.com/2007/09/21/oil-slips-below-82-but-gas-prices-are-set-to-rise.html | Oil Slips Below $82 But Gas Prices Are Set To Rise | Oil Slips Below $82 But Gas Prices Are Set To Rise
Oil prices fell Friday as investors sold to lock in profits, but analysts doubt oil's record-breaking run is over and say gasoline prices are about to start following oil higher.
Gasoline prices have so far held steady or even fallen despite a rally that boosted oil to... |
671ad122e0ca1249c8b37d1db715666c | https://www.cnbc.com/2007/09/21/oj-becomes-the-ij-in-his-own-funny-business.html | O.J. Becomes The iJ In His Own "Funny Business" | O.J. Becomes The iJ In His Own "Funny Business"
Another century, another O.J. Simpson trial. Las Vegas is gearing up for the ka-ching the media circus will bring to town. All the hotel rooms and meals that Marcia Clark and friends will take up covering the event should create quite a cash infusion. The bar tab alone wi... |
633d808853e2421ed5ffdb7c08d685d3 | https://www.cnbc.com/2007/09/21/poll-would-you-spend-less-if.html | A record 26% of U.S. homeowners say the value of their homes has fallen during the past year, above the previous peak of 24% seen in 1992, a survey released Friday showed. Would you spend less if your home loses value? Answer this poll.
______________________________________________________Got something to say? Send us... | |
59f1a74630594f8278e63170835f412a | https://www.cnbc.com/2007/09/21/posco-hyundai-heavy-hit-records-on-stake-tieups.html | POSCO, Hyundai Heavy Hit Records on Stake Tie-Ups | POSCO, Hyundai Heavy Hit Records on Stake Tie-Ups
Shares in POSCO and Hyundai Heavy Industries surged to records on Friday after a unit of the shipbuilder bought another stake in the steel maker, highlighting greater ties between two firms facing stellar earnings.
Hyundai Samho Heavy Industries, a unit of the world's b... |
9abd9f42678ce6dcd2c07d98de19a477 | https://www.cnbc.com/2007/09/21/schip-battle-will-outcome-echo-through-2008-campaign.html | S-Chip Battle: Will Outcome Echo Through 2008 Campaign? | S-Chip Battle: Will Outcome Echo Through 2008 Campaign?
The battle between the White House and Congress over S-Chip--the acronym for a state-federal children's health program--is a fascinating showdown that is playing out on multiple levels. It's partly about ideology and partly about political strategy. It's partly ab... |
d886df44a39c84a350e4910ad324a047 | https://www.cnbc.com/2007/09/21/shell-to-begin-7-billion-refinery-expansion.html | Shell to Begin $7 billion Refinery Expansion | Shell to Begin $7 billion Refinery Expansion
Royal Dutch Shell will go ahead with a 325,000 barrel-per-day capacity expansion of its Motiva refinery in Port Arthur, Texas, that will make the plant one of the biggest in the world.
The Anglo-Dutch group said on Friday the project, the first big U.S. refinery expansion in... |
9815c12b9cd8a457a20211c9859ae100 | https://www.cnbc.com/2007/09/21/stem-cell-trade-back-on.html | Is the stem cell trade back on ahead of next week’s biotech conference? The traders talk how to play stem cells without investing in risky, small biotech companies.
VIDEO0:0000:00Tomorrow's Headlines #3
Even if 2008 brings a stem cell-friendly candidate to the White House, the technology is still years away from being ... | |
b2a961424adb8931e53913f5271b7fc6 | https://www.cnbc.com/2007/09/21/stocks-housing-and-a-halo-dominate-week-ahead.html | Stocks, Housing And A 'Halo' Dominate Week Ahead | Stocks, Housing And A 'Halo' Dominate Week Ahead
Like an orchestra tuning up, financial markets are trying to find the right pitch after theFed's big rate move. The market moves have been dramatic, and for the time being, it's likely they'll continue that way. "If I told you a year ago, we'd have record high oil, recor... |
474f9431d81f75fed4699f4eb86f0453 | https://www.cnbc.com/2007/09/21/stocks-on-the-move-carnival-cruises-motorola.html | Following are the days biggest winners and losers. Find out why shares of Carnival Cruise (CCL), Motorola (MOT) and Athenahealth (ATHN) popped while CKE Restaurants (CKR) and Pier One Imports (PIR) dropped.
POPS (stocks that jumped higher)
Carnival Cruise (CCL) popped 3%. Investors hit the all-you-can eat buffet on th... | |
574ad856f5575a4456335e91f43fd355 | https://www.cnbc.com/2007/09/21/stora-enso-sells-north-american-unit-for-25-billion.html | Stora Enso Sells North American Unit for $2.5 Billion | Stora Enso Sells North American Unit for $2.5 Billion
Stora Enso, the world's top paper and board maker, said on Friday it is selling its North American unit to NewPage Holding for $2.52 billion, sending its shares sharply higher.
NewPage Holding is a subsidiary of private equity firm Cerberus.
The move was seen as a p... |
300a105cf50950553045fcdad536e5f6 | https://www.cnbc.com/2007/09/21/the-fast-money-misfires.html | Sometimes a stock is hot and other time it just burns. Following are the Fast Money misfires.
Karen Finerman
On several occasions in the last few weeks, The Chairwoman has suggested buying Home Depot (HD). But in the last week - shares of HD have actually been off about 4% and that has incurred the wrath of one fan.
VI... | |
53a583c538ccea907489b8212af92600 | https://www.cnbc.com/2007/09/21/top-uk-banks-mull-borrowing-from-boe-to-remove-stigma-ft.html | Top U.K. Banks Mull Borrowing from BoE to Remove Stigma: FT | Top U.K. Banks Mull Borrowing from BoE to Remove Stigma: FT
The U.K.'s top banks are mulling borrowing funds from the Bank of England's 10 billion pounds ($20 billion) facility to remove the stigma attached to it and restore confidence in the banking system, the Financial Times reported Friday.
After having insisted it... |
5b0e1598eb6577ef16265118af0eedb9 | https://www.cnbc.com/2007/09/21/viacoms-ceo-dauman-moving-beyond-geffen-and-spielberg.html | Viacom's CEO Dauman: Moving Beyond Geffen And Spielberg? | Viacom's CEO Dauman: Moving Beyond Geffen And Spielberg?
Philippe DaumanAP
CEO Philippe Dauman of Viacom had a point to make to investors at a media conference this week. Dauman said that losing star producers and DreamWorks chiefs Steven Spielberg and David Geffen would be "completely immaterial" to Paramount and Via... |
f04481de4378b80df51a00bb1e44bb29 | https://www.cnbc.com/2007/09/21/vince-neil-the-governor-of-nevada-and-me.html | Vince Neil, The Governor of Nevada and Me | Vince Neil, The Governor of Nevada and Me
Vince NeilAP
What do Vince Neil of Motley Crue, the Governor of Nevada, O.J. Simpson and I all have in common? We were all in Las Vegas this week and three of us talked to each other. (Sorry Juice but you had split by the time I thought of it.) So what did Vince, the Governor a... |
b3aa8cc665071d56c9ace0208e6fb7b8 | https://www.cnbc.com/2007/09/21/wall-street-moves-to-the-middle-east.html | Dubai has taken new steps toward becoming a true global financial powerhouse, buying 20% stakes in the Nasdaq and London Stock Exchange as higher oil has given the Gulf state even more money to invest. But why are exchanges so attractive to Middle East investors?
VIDEO0:0000:00Tomorrow's Headlines #2
Investors in Dubai... | |
b008c3b83c75dd743088d4332190fb96 | https://www.cnbc.com/2007/09/21/week-on-wall-street-fed-rescues-stocks.html | Week on Wall Street: Fed Rescues Stocks | Week on Wall Street: Fed Rescues Stocks
Stocks rallied sharply during the week after the Federal Reserve surprised investors with a deeper-than-expected interest-rate cut.
The Dow Jones Industrial Average and the S&P 500 each ended with weekly gains of 2.8%, the best performance for both closely-watched indexes since M... |
7882969ca62c9f4159c72a57ce0a1696 | https://www.cnbc.com/2007/09/21/your-first-move-for-friday-sept-21st.html | Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
Jeff Macke recommends getting long Activision (ATVI).
Guy Adami tells the panel that as long as Oracle (ORCL) stays above $20.50 he thinks it’s a raging buy.
Karen Finerman likes BEA Systems (BEAS).
VIDEO0:0000:00Fast Money Final T... | |
4032d907fc17a3acc18234170c07af5a | https://www.cnbc.com/2007/09/23/cathay-pacific-eyeing-china-eastern-airlines-stake-wsj.html | Cathay Pacific Eyeing China Eastern Airlines Stake: WSJ | Cathay Pacific Eyeing China Eastern Airlines Stake: WSJ
Cathay Pacific Airways is looking to invest in China Eastern Airlines, a move that could derail rival Singapore Airlines's deal to acquire a stake in the mainland carrier, according to newspaper reports.
Shares in China Eastern Airlines opened up 7% to a record hi... |
c6312058c2fa2c6ef159b1b663f831b6 | https://www.cnbc.com/2007/09/23/gm-uaw-optimistic-as-talks-continue.html | GM, UAW Optimistic as Talks Continue | GM, UAW Optimistic as Talks Continue
Negotiators in lengthy contract talks between General Motors and the United Auto Workers returned to the bargaining table Sunday amid optimism that they were close to a settlement.
Two people who have been briefed on the talks said Saturday that bargainers reported progress toward a... |
91f832d87d2295cc4ef4eee036a47635 | https://www.cnbc.com/2007/09/23/gm-uaw-work-to-complete-costcutting-labor-deal.html | GM, UAW Work to Complete Cost-Cutting Labor Deal | GM, UAW Work to Complete Cost-Cutting Labor Deal
General Motors and the United Auto Workers union on Sunday rushed to complete a cost-cutting labor deal that would allow the top U.S. automaker to cut itself free from a $50 billion retiree health-care burden.
Negotiators for both sides, who were meeting for the 20th con... |
6cd0430c05b6d26bf175dc664e16c8ba | https://www.cnbc.com/2007/09/23/google-in-talks-to-lay-transpacific-cable-wsj.html | Google in Talks to Lay Trans-Pacific Cable: WSJ | Google in Talks to Lay Trans-Pacific Cable: WSJ
Google is in early talks to join a group looking to lay a high-speed, trans-Pacific undersea cable that could potentially lead to the Internet company becoming an investor in the project, according to the Wall Street Journal.
The potential undersea fiber-optic investment ... |
15871cbe0cb36ad98af59c8c38b9849c | https://www.cnbc.com/2007/09/23/pbl-wan-sell-hoyts-cinema-chain-to-private-equity.html | PBL, WAN Sell Hoyts Cinema Chain to Private Equity | PBL, WAN Sell Hoyts Cinema Chain to Private Equity
Australia's Publishing and Broadcasting and West Australian News said on Monday they have agreed to sell the Hoyts cinema chain to private equity group Pacific Equity Partners (PEP).
The two groups said the sale valued Hoyts' Australian and New Zealand operations at A$... |
2cbb41f9588158e44407fc8fcc150b22 | https://www.cnbc.com/2007/09/23/ruling-party-picks-fukuda-to-lead-japan.html | Ruling Party Picks Fukuda to Lead Japan | Ruling Party Picks Fukuda to Lead Japan
Japan's ruling party on Sunday picked Yasuo Fukuda, an advocate of warmer ties with Asian neighbors, to be the next prime minister, but the 71-year-old lawmaker faces a likely policy deadlock in a divided parliament.
The Liberal Democratic Party (LDP) rallied behind Fukuda, the s... |
d8087582e3c84f510b6c8a3a3706c267 | https://www.cnbc.com/2007/09/23/three-hedge-funds-plan-northern-rock-raid-report.html | Three Hedge Funds Plan Northern Rock Raid: Report | Three Hedge Funds Plan Northern Rock Raid: Report
Three leading hedge funds are planning a break-up of beleaguered British bank Northern Rock, according to a newspaper report on Sunday.
Customers line up to enter a Northern Rock branch in Bromley, in south-east London, 14 September 2007.AFP
The move could generate hund... |
5b3ec26f3eaf80411b8dbe3bd260922c | https://www.cnbc.com/2007/09/23/uk-treasury-chief-calls-for-protections-for-depositors.html | U.K. Treasury Chief Calls for Protections for Depositors | U.K. Treasury Chief Calls for Protections for Depositors
Britain's Treasury chief Alistair Darling told his party's annual convention Sunday that Britain would not protect businesses that make bad judgments -- despite a billion-dollar rescue of a struggling bank.
A run on deposits at Northern Rock last week, the first ... |
53cd176b0ab00c7426d37d8aeb4db6cd | https://www.cnbc.com/2007/09/24/adfunded-mobile-operator-opens-in-britain.html | Ad-Funded Mobile Operator Opens in Britain | Ad-Funded Mobile Operator Opens in Britain
Blyk, the world's first fully advertising-funded mobile telecoms operator, launched in Britain on Monday in what is seen as a major test of the potential of advertising on mobile phones.
The service will target 16 to 24-year olds in Britain, offering 217 texts and 43 minutes o... |
63a9df38f1f0eedb8fb360c3cfcc5065 | https://www.cnbc.com/2007/09/24/amgen-getting-a-second-chance-from-medicare.html | Amgen: Getting a Second Chance From Medicare? | Amgen: Getting a Second Chance From Medicare?
AP
After being down about half-a-dollar in early trading, volatile shares of Amgen are trimming their loses and heading back into positive territory at this writing.
That turnaround could be from the dissemination of a research note from Wachovia biotech analyst George Farm... |
e954d190c55e3b55c6aa927085d3a2b9 | https://www.cnbc.com/2007/09/24/amr-hits-turbulence-on-cloudy-forecast.html | AMR Hits Turbulence on Cloudy Forecast | AMR Hits Turbulence on Cloudy Forecast
AMR shares fell over 14 percent Monday, its biggest one-day loss in more than four years, after the parent of American Airlines issued a disappointing revenue forecast, stoking concerns of slowing demand and rising costs.
In a regulatory filing after the market close Friday, AMR s... |
cf198ffd09c47a32ecde324465151dec | https://www.cnbc.com/2007/09/24/apple-shares-hit-high-after-citigroup-boosts-price-target.html | Apple Shares Hit High After Citigroup Boosts Price Target | Apple Shares Hit High After Citigroup Boosts Price Target
The stock of Applehit a new high Monday after Citigroup raised its share-price target and earnings estimates for the maker of iPod music players, iMac computers and iPhones.
The stock rose as much as $5.77 to $149.85 after Citigroup lifted the target to $185 fro... |
883d6e87523a5f0e27118485bbd1b5ab | https://www.cnbc.com/2007/09/24/arod-to-own-some-of-the-cubs-not-likely.html | A-Rod To Own Some Of The Cubs? Not Likely | A-Rod To Own Some Of The Cubs? Not Likely
It was a great sports weekend, but it was the article by Deadspin's Will Leitch in New York Magazinethat caught my attention. It got massive play yesterday because it included that Alex Rodriguez’ agent Scott Boras was negotiating with the leading candidate, presumably John Can... |
959d75dd7679427745494c3dc49d0933 | https://www.cnbc.com/2007/09/24/asian-markets-close-higher-australia-sets-record-high.html | Asian Markets Close Higher, Australia Sets Record High | Asian Markets Close Higher, Australia Sets Record High
Asian markets closed firmly higher Monday with Australia setting a new record close, though trading was light due to holidays in Japan, South Korea and Taiwan.
Australia's S&P/ASX 200 Index rose 1.5% to set an all-time closing high, as BHP Billiton hit a record on ... |
3404526dda4958e26465bb7b88a3e0a3 | https://www.cnbc.com/2007/09/24/average-us-gas-prices-fall-to-about-279-a-gallon.html | Average U.S. Gas Prices Fall to about $2.79 a Gallon | Average U.S. Gas Prices Fall to about $2.79 a Gallon
The average retail price of a gallon of gasoline in the United States cost 2.03 cents less last week than two weeks before, but prices are set to move up as crude oil prices rise, an industry analyst said Sunday.
The national average for self-serve, regular unleaded ... |
4e606b6b868dc6ff8b128d99a2abd789 | https://www.cnbc.com/2007/09/24/ben-bernankes-speech-on-education-and-economic-competitiveness.html | Ben Bernanke's Speech on Education and Economic Competitiveness | Ben Bernanke's Speech on Education and Economic Competitiveness
Below is the text from a speech given by Ben Bernanke on "Education and Economic Competitiveness" in Washington D.C. on September 24, 2007:
When I travel around the country, meeting with students, business people, and others interested in the economy, I am... |
08aa024bd2bbc299a88d142450c7aced | https://www.cnbc.com/2007/09/24/berkshire-hathaway-buys-a-few-more-burlington-northern-shares.html | Buffett Watch | Buffett Watch
Warren Buffett's Burlington Northern increased its stake in freight railroad Burlington Northern Santa Fe again .. but not by much. That is, if you consider a half-million dollars to be not that much, and when you're talking about Warren Buffett, I suppose it really isn't.
In the latest in a series of fi... |
5f5f4c80a5fa723accd4c84a8bdf69b1 | https://www.cnbc.com/2007/09/24/bernanke-education-can-drive-productivity-growth.html | Bernanke: Education Can Drive Productivity Growth | Bernanke: Education Can Drive Productivity Growth
More education for U.S. workers of all ages could help slow an anticipated moderation of productivity growth as the population ages, Federal Reserve Chairman Ben Bernanke said on Monday.
The U.S. workforce will increase more slowly and is likely to be less experienced o... |
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