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Micron appoints Durcan CEO after Appleton’s death (Reuters)
Reuters – Memory chipmaker Micron Technology’s board appointed company veteran Mark Durcan as chief executive a day after longtime Chairman and CEO Steve Appleton was killed in a plane crash. View post: Micron appoints Durcan CEO after Appleton’s death (Reuters) Read More →
Clock ticks on Greece’s bailout deadline (Reuters)
Reuters – Greek Prime Minister Lucas Papademos faces a critical task of convincing international lenders and political party leaders on Sunday to agree to the stringent terms of a 130 billion euro ($171 billion) rescue plan to stave off looming default. More: Clock ticks on Greece’s bailout deadline (Reuters) Read More →
Hungary seeks 15-20 billion euro IMF/EU credit line: official (Reuters)
Reuters – Hungary is seeking an international credit line of 15 to 20 billion ($20 to $26.3 billion) euros, the secretary of state heading the prime minister’s office, Mihaly Varga, was quoted on Saturday as saying. View original post here: Hungary seeks 15-20 billion euro IMF/EU credit line: official (Reuters) Read More →
Unemployment rate hinges on more than job gains (AP)
AP – For most people, the 8.3 percent unemployment rate is the most visible sign of the economy’s health. The rate’s every movement is closely watched, especially in an election year. See the rest here: Unemployment rate hinges on more than job gains (AP) Read More →
Job growth surges, jobless rate near 3-year low (Reuters)
Reuters – The economy created jobs at the fastest pace in nine months in January and the unemployment rate unexpectedly dropped to a near three-year low, giving a boost to President Barack Obama as campaigning heats up ahead of November elections. Read more from the original source: Job growth surges, jobless rate near 3-year low (Reuters) Read More →
NYSE, Deutsche Boerse call off merger on EU block (AP)
AP – The New York Stock Exchange and German exchange Deutsche Boerse called off their planned merger Thursday, a day after the European Union said it would block the union because of concerns about a monopoly. View original here: NYSE, Deutsche Boerse call off merger on EU block (AP) Read More →
Glencore nearing deal to combine with Xstrata (Reuters)
Reuters – Glencore International is nearing an agreement to combine with Xstrata in a deal that may value the combined entity at 52 billion pounds ($82.46 billion), Bloomberg said, citing two people with knowledge of the plan. Read the original: Glencore nearing deal to combine with Xstrata (Reuters) Read More →
Glencore nearing deal to combine with Xstrata (Reuters)
Reuters – Glencore International is nearing an agreement to combine with Xstrata in a deal that may value the combined entity at 52 billion pounds ($82.46 billion), Bloomberg said, citing two people with knowledge of the plan. Read more from the original source: Glencore nearing deal to combine with Xstrata (Reuters) Read More →
Nasdaq profit ahead of expectations (Reuters)
Reuters – Nasdaq OMX Group Inc’s quarterly profit declined due to a number of expenses, but when stripping out the one-time charges, the Nasdaq stock market parent beat analysts’ expectations. Excerpt from: Nasdaq profit ahead of expectations (Reuters) Read More →
Apple hires Dixons chief to drive global retail (Reuters)
Reuters – Apple Inc has hired Dixons Chief Executive John Browett, who revived the British electronics retailer by emphasizing customer service, to lead the iPad maker’s global retail expansion. See more here: Apple hires Dixons chief to drive global retail (Reuters) Read More →