Latest Business News From Peninsulaclarion.com
Updated: 19 min 44 sec ago
US job postings fell in March; hiring slowed
U.S. employers posted fewer job openings in March compared with February and slowed overall hiring, underscoring a weak month of job growth.
Categories: National News from the Associated Press
Survey: US home prices up 10.5 pct. in past year
A survey shows U.S. home prices rose 10.5 percent in March compared with a year ago, the biggest gain since March 2006.
Categories: National News from the Associated Press
IMF's Lagarde criticizes US spending cuts
International Monetary Fund head Christine Lagarde criticized the U.S. government's budget policies as too tight on Tuesday, in an appearance in Amsterdam that was interrupted by student protestors.
Categories: National News from the Associated Press
Japan's Nikkei outperforms to reach 5-year high
Japanese stocks outperformed all others Tuesday as traders in the country returned from a public holiday in buoyant mood, sending the Nikkei index above 14,000 for the first time in nearly five years.
Categories: National News from the Associated Press
Bank of China cuts off North Korea trade bank
One of China's biggest banks said Tuesday it has halted business with a North Korean bank accused by the U.S. of financing Pyongyang's missile and nuclear programs in the latest sign of Beijing's displeasure with its estranged ally.
Categories: National News from the Associated Press
French finance chief hails easing off austerity
French Finance Minister Pierre Moscovici on Tuesday hailed the European Union's decision to grant his country more time to tackle its deficit as a turning point in the region's approach to austerity, which is choking off growth through spending cuts and tax hikes.
Categories: National News from the Associated Press
Portugal sells bonds for first time since bailout
Portugal held a sale of its 10-year bonds on Tuesday for the first time since it needed a bailout in 2011, representing a milestone in its efforts to regain investor confidence and prove its contested austerity policies are paying off.
Categories: National News from the Associated Press
Oil slips below $96 as fears over Syria ease
The price of oil edged slightly lower Tuesday as fears over Israeli involvement in Syria's civil war eased.
Categories: National News from the Associated Press
US safety agency watches Ford vans for rust signs
U.S. auto safety regulators are monitoring about 100,000 Ford and Mercury minivans that were not covered by a recall issued earlier this year for rust problems.
Categories: National News from the Associated Press
Diageo to replace long-serving CEO
Diageo, the world's largest distiller, said Tuesday it will replace its long-serving CEO, Paul Walsh, with Ivan Menezes, the chief operating officer.
Categories: National News from the Associated Press
IMF's Lagarde criticizes US spending cuts
International Monetary Fund head Christine Lagarde criticized the U.S. government's budget policies as too tight on Tuesday, in an appearance in Amsterdam that was interrupted by student protestors.
Categories: National News from the Associated Press
HSBC Q1 profits more than double to $6.35 billion
The HSBC banking group saw its net profits more than double in the first quarter, jumping to $6.35 billion from $2.58 billion in the same period of 2012.
Categories: National News from the Associated Press
Ethiopian Air wants compensation for 787 grounding
The chief executive of Ethiopian Airlines says his company will seek compensation from Boeing for the grounding of its 787 Dreamliner planes.
Categories: National News from the Associated Press
Japan's Nikkei outperforms to reach 5-year high
Japanese stocks outperformed all others Tuesday as traders in the country returned from a public holiday in buoyant mood, sending the Nikkei index above 14,000 for the first time in nearly five years.
Categories: National News from the Associated Press
Hertz moves from New Jersey to Florida
Hertz is moving its headquarters from New Jersey to Florida, putting the company in the middle of a key travel market and trimming corporate expenses after its $2.3 billion buyout of one-time rival, Dollar Thrifty.
Categories: National News from the Associated Press
SKorea's parliament approves $15.3B extra budget
South Korea's parliament on Tuesday approved a new budget bill that paves the way for $15.3 billion of stimulus spending.
Categories: National News from the Associated Press
