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Latest Business News From Peninsulaclarion.com
Updated: 2 hours 33 min ago

Organic industry clout grows with consumer demand

Fri, 05/17/2013 - 5:03am
The organic food industry is gaining clout on Capitol Hill, prompted by rising consumer demand and its entry into traditional farm states. But that isn't going over well with everyone in Congress.

Indian circuses struggle to adapt after court bans

Fri, 05/17/2013 - 5:03am
In the early morning heat and dust, daily practice at the Rambo Circus is in full swing. A trapeze creaks as two performers perfect their throws. A Colombian daredevil shouts to his colleagues scrambling atop a giant set of spinning wheels called the Ring of Death.

Dell's dismal 1Q illuminates PC maker's challenges

Fri, 05/17/2013 - 5:03am
Dell's financial decay worsened during its latest quarter as the company slashed its personal computer prices in response to the growing popularity of smartphones and tablets.

In Bloomberg uproar, ethics flags for new media

Fri, 05/17/2013 - 5:03am
Launching his namesake company's news division in the 1990s, Michael Bloomberg largely rejected long-held rules of the journalism trade that insist on keeping thick firewalls between reporters and the profit-making workings of their companies.

Caribbean talks conservation on Branson's island

Fri, 05/17/2013 - 5:02am
In a bid to safeguard biodiversity and the Caribbean's tourism-based economy, regional political leaders and corporate executives will gather Friday on billionaire Richard Branson's private island with the aim of protecting 20 percent of the region's coastal resources by 2020.

CFTC adopts weakened rule on derivatives trading

Fri, 05/17/2013 - 4:02am
A rule intended to loosen the largest U.S. banks' control over the trading of complex investments and help safeguard the financial system was weakened Thursday by regulators.

World stocks mixed ahead of key US economic index

Fri, 05/17/2013 - 2:21am
World stock markets were mixed Friday as investors digested a slew of disappointing data from the U.S. ahead of the release of a key measurement of the country's economic outlook.

As yen falls, goods from Japan are more affordable

Fri, 05/17/2013 - 2:21am
Japanese goods are getting more affordable. For consumers worldwide _ and for Japan's economy _ it's welcome news.

INFLUENCE GAME: Tech, labor spar on immigration

Fri, 05/17/2013 - 2:21am
To the U.S. technology industry, there's a dramatic shortfall in the number of Americans skilled in computer programming and engineering that is hampering business. To unions and some Democrats, it's more sinister: The push by Facebook's Mark Zuckerberg to expand the number of visas for high-tech foreign workers is an attempt to dilute a lucrative job market with cheap, indentured labor.

Asia stocks mixed as holidays thin trade

Fri, 05/17/2013 - 12:05am
Asian stock markets were mixed in holiday-thinned trading Friday as investors digested a slew of disappointing economic data and corporate results from the U.S.

Indian circuses struggle to adapt after court bans

Fri, 05/17/2013 - 12:05am
In the early morning heat and dust, daily practice at the Rambo Circus is in full swing. A trapeze creaks as two performers perfect their throws. A Colombian daredevil shouts to his colleagues scrambling atop a giant set of spinning wheels called the Ring of Death.

Venezuelans scrambling to find scarce toilet paper

Fri, 05/17/2013 - 12:02am
Venezuelans scrambled to stock up on toilet paper Thursday as fears of a bathroom emergency spread despite the socialist government's promise to import 50 million rolls.

A late fade on Wall Street; Wal-Mart, Disney slump

Thu, 05/16/2013 - 11:58pm
Signs of a slowing economy combined with comments from a Federal Reserve official helped pull the stock market down Thursday.

Asia stocks mixed as holidays thin trade

Thu, 05/16/2013 - 9:46pm
Asian stock markets were mixed in holiday-thinned trading Friday as investors digested a slew of disappointing economic data and corporate results from the U.S.

Interior issues new drilling rule on public land

Thu, 05/16/2013 - 9:46pm
Companies that drill for oil and natural gas on federal lands will be required to disclose publicly the chemicals used in hydraulic fracturing operations, the Obama administration said Thursday. The new "fracking" rule replaces a draft proposed last year that was withdrawn amid industry complaints that federal regulation could hinder an ongoing boom in natural gas production.

J.C. Penney posts bigger 1Q loss than expected

Thu, 05/16/2013 - 9:02pm
The legacy of J.C. Penney's former CEO is being felt at the department-store chain.

Canada PM on pipeline plan: Oil to come anyway

Thu, 05/16/2013 - 7:46pm
A controversial oil pipeline to the U.S. Gulf Coast "absolutely needs to go ahead," Canada's prime minister said Thursday, and he warned that the oil will be transported through America one way or another.

American will favor passengers without roller bags

Thu, 05/16/2013 - 7:12pm
In a quest to speed up the boarding process, American Airlines is letting passengers board sooner if they travel lightly.

US mortgage rates rise; still near historic lows

Thu, 05/16/2013 - 6:12pm
By The Associated Press

AB InBev abandons plans to acquire Czech Budvar

Thu, 05/16/2013 - 6:12pm
Brewing giant Anheuser-Busch InBev says it no longer has plans to acquire Czech brewer Budejovicky Budvar, with whom it has been fighting a long legal battle over the use of the "Budweiser" brand.

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