Archive for March 20th, 2014

Chewing gum is losing its pop with American consumers

March 20, 2014
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NEW YORK (AP) — Gum seems as appealing as that sticky wad on the bottom of a shoe these days.
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29 of 30 major U.S. banks pass ‘stress test’

March 20, 2014
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WASHINGTON (AP) — All but one of the nation’s 30 largest banks are better able to withstand a severe U.S. recession and global downturn than at any time since the financial crisis, the Federal Reserve has determined.
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Strong demand helps Nike 3Q beat Wall Street view

March 20, 2014
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BEAVERTON, Ore. (AP) — Nike said strong global demand for its athletic goods helped third-quarter net income beat Wall Street expectations as it readies for the upcoming World Cup in Brazil.
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Better news on the US economy drives stocks higher

March 20, 2014
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NEW YORK (AP) — The stock market bounced back on Thursday.
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Yahoo

March 20, 2014
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Obama rules out ‘military excursion’ in Ukraine
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Yahoo

March 20, 2014
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Obama rules out ‘military excursion’ in Ukraine
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The Kochs make their political money count

March 20, 2014
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I’ve never met David and Charles Koch, the conservative billionaires who have apparently set out to acquire our democracy, much as you or I might hope to purchase a timeshare. When I think of them, which isn’t all that often, I tend to picture Dan Aykroyd and John Lithgow, who played industrialists called the...
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Possible debris from missing jet spotted

March 20, 2014
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KUALA LUMPUR, Malaysia (AP) — Four military search planes were dispatched Thursday to determine whether two large objects bobbing in a remote part of the Indian Ocean are debris from the missing Malaysia Airlines flight.
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Asian share markets follow Wall Street into the red

March 20, 2014
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By Wayne Cole SYDNEY (Reuters) – The U.S. dollar was hanging onto hefty gains in Asia on Thursday as investors wrestled with the risk that U.S. interest rates could rise sooner and faster than previously thought, slugging stock and bond prices.
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China resumes approval for developers’ equity financing as credit fears grow

March 20, 2014
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SHANGHAI/BEIJING (Reuters) – China has lifted a ban on equity financing for listed property developers for the first time in four years, a step that could herald less government intervention in the sector and ease funding concerns as credit grows tight and the economy slows.
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