NEW YORK (Reuters) - Stocks edged lower on Monday as caution over the potential for volatility driven by worries about the U.S. "fiscal cliff" dampened enthusiasm at the start of a seasonally strong period for equities. The S&P 500 index <.spx> declined 0.9 percent on Friday, its biggest drop in more than a month, as a Republican plan to avoid the cliff - $600 billion in tax...
LSE agrees LCH Clearnet purchase
Label: Business24 December 2012 Last updated at 07:56 ETThe London Stock Exchange is to buy a 60% stake in LCH Clearnet, the European clearing house, but for a lower price.The LSE will pay 366m euros ($ 482m; £300m), about 100m euros below the original offer price.The lower price reflected new European rules requiring clearing houses to hold more capital, the companies said.Clearing houses enable the trading of...
IIROC: Resume, Northern Financial Corp.
Label: WorldTitle Post: IIROC: Resume, Northern Financial Corp.Rating: 100%based on 99998 ratings.5 user reviews.Author: Fluser SeoLinkThanks for visiting the blog, If any criticism and suggestions please leave a comm...
Colts recovering coach returns to team facility
Label: TechnologyINDIANAPOLIS (AP) — Chuck Pagano was back at work Monday morning.Three months after taking an indefinite leave to battle leukemia, the Colts' coach was scheduled to meet with players, coaches and reporters as he retook the reins from interim coach Bruce Arians.When Pagano arrived at the team headquarters, he drove past an inflatable Colts player to the side of the driveway with a simple message across...
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Senators slam movie's torture scenes
Label: LifestyleIn the new film "Zero Dark Thirty," Jessica Chastain plays a CIA analyst who is part of the team hunting Osama bin Laden. STORY HIGHLIGHTSSens. Feinstein, McCain, Levin send letter calling new film "grossly inaccurate"Letter adds to controversy over depiction of torture as a key to finding bin Laden, Bergen saysSenate committee has approved 6,000-page classified report on CIA interrogations programBergen...
Disney Sets August 9 Release for ‘Cars’ Spin-off ‘Planes’
Label: HealthNEW YORK (TheWrap.com) – Disney will release “Planes,” a spin-off of Pixar‘s “Cars” franchise, August 9, 2013, in the United States. DisneyToon Studios is behind the film with Pixar/Disney Animation chief creative officer John Lasseter producing.The film follows a fleet of planes, in particular Dusty. “Two and a Half Men” star Jon Cryer was to voice Dusty, but he has dropped out and the studio is...
Wall Street Week Ahead: A lump of coal for "Fiscal Cliff-mas"
Label: WorldNEW YORK (Reuters) - Wall Street traders are going to have to pack their tablets and work computers in their holiday luggage after all. A traditionally quiet week could become hellish for traders as politicians in Washington are likely to fall short of an agreement to deal with $600 billion in tax hikes and spending cuts due to kick in early next year. Many economists forecast that this...
China and India: The $10 Trillion Engine of Future U.S. Growth
Label: BusinessMy friend and colleague Michael J. Silverstein, writing in this space in late October, mentioned that the most dangerous thing about China is America’s misguided attitude toward the country. In short, we appear to be afraid of China’s success.The U.S. has never before run from a challenge. This is the wrong time to start.As Silverstein and his co-authors—Carol Liao, David Michael, and Abheek Singhi—point...
BMW at 20: Plant exceeds hopes, tax debate ongoing
Label: WorldGREER, S.C. (AP) — Two decades ago, then-South Carolina Gov. Carroll Campbell stood at the Greenville-Spartanburg airport and announced that a BMW plant being built just up the road would be a benchmark in the history of the state.By most measures, the German automaker’s plant near Greer has exceeded some lofty expectations. BMW officials said they expected the plant to have 2,000 workers and make...
UK paper suing Lance Armstrong over libel case
Label: TechnologyLONDON (AP) — Lance Armstrong is being sued for more than $1.5 million by a British newspaper over the settlement of a libel action, which followed doping allegations against the cyclist that it published.The Sunday Times paid Armstrong 300,000 pounds (now about $485,000) in 2006 to settle a case after it reprinted claims from a book in 2004 that he took performance-enhancing drugs.The U.S. Anti-Doping...
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