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Nikkei outperforms Asian stocks as Fed looms

Reuters    - ‎19 minutes ago‎   
By Ian Chua. SYDNEY | Tue Jun 18, 2013 11:51pm EDT. SYDNEY (Reuters) - Japanese stocks rose on Wednesday, thanks to a positive lead from Wall Street plus a softer yen, outperforming the rest of Asia which anxiously seeks clarity on the Federal ...

CBS News    - ‎58 minutes ago‎   
WASHINGTON Google on Tuesday sharply challenged the federal government's gag order on its Internet surveillance program, citing what it described as a First Amendment right to divulge how many requests it receives from the government for data about its ...

UPDATE 2-United Dreamliner diverted due to possible oil filter problem

Reuters    - ‎2 hours ago‎   
Tue Jun 18, 2013 9:28pm EDT. SEATTLE, June 18 (Reuters) - United Airlines said on Tuesday that a Boeing Co 787 on its way to Tokyo from Denver was diverted to Seattle after an indication of a problem with an oil filter in an engine, but the plane landed ...

SEC to require admissions of guilt in some settlements

Washington Post    - ‎1 hour ago‎   
The Securities and Exchange Commission will begin requiring admission of guilt in certain types of civil settlements, a major departure from the agency's routine use of a boilerplate clause that allows defendants to pay fines without acknowledging liability.

Inflation Continues to Undershoot Fed Target

Wall Street Journal    - ‎5 hours ago‎   
Federal Reserve officials both expect and want inflation to be higher than it is. So far, that isn't happening. Consumer price data released Tuesday showed inflation rose a mere 1.4% in May from a year earlier.

Ben Bernanke goes Wile E. Coyote

MarketWatch    - ‎2 hours ago‎   
John Nyaradi is Publisher of Wall Street Sector Selector, a financial media site focused on news, analysis and information about exchange traded funds and global financial and economic developments.

Wake-up call: Starbucks to post calorie counts

The Seattle Times    - ‎1 hour ago‎   
Wake-up call: Starbucks to post calorie counts. Starbucks has a new way to wake up its customers: showing the calories in its drinks.

Deloitte Unit Gets One-Year Ban

Wall Street Journal
5 hours ago
https://plus.google.com/112721165392049670401/posts    
Written by
Shayndi Raice   
Deloitte LLP's financial-advisory services unit agreed to pay $10 million and accept a one-year ban from consulting for New York-regulated banks to settle regulators' allegations that the firm mishandled its anti-money-laundering work for U.K.

Icahn Proposes Dell Tender Offer

CNBC.com    - ‎9 hours ago‎   
CNBC's Scott Wapner reports a source says Jefferies is willing to provide $1.6 billion in financing for Icahn's bid for Dell.

Dish Won't Make New Sprint Bid by Deadline, Focuses on Clearwire

Businessweek    - ‎52 minutes ago‎   
Dish Network Corp. (DISH) won't make a new offer for Sprint Nextel Corp. by the mobile-phone carrier's deadline, leaving SoftBank Corp.

AFP    - ‎1 hour ago‎   
TOKYO - Japan extended a string of trade deficits in May, official data showed on Wednesday, as the country's import costs rose on the weak yen, but shipments to the United States and China soared.

Collapsed I-5 Skagit bridge reopens Wednesday

The Seattle Times    - ‎2 hours ago‎   
A temporary bridge over the Skagit River will reopen Wednesday, restoring Interstate 5 traffic less than a month after the old bridge collapsed.

Rising mortgage rates elicit fears they could hurt housing recovery

Washington Post    - ‎3 hours ago‎   
Mortgage rates have spiked over the past few weeks, rising at the fastest pace since 2010, sparking fears that the housing market could weaken and undermine the country's economic recovery.

Wall Street Journal    - ‎5 hours ago‎   
There will be an added hurdle to elite-level qualification for frequent fliers at United Airlines next year: Minimum spending levels to reach along with minimum mileage requirements.

Facebook's Video Ads Now Likely Delayed Until Fall

AdAge.com
15 hours ago
https://plus.google.com/106190432957101133341/posts    
Written by
Cotton Delo   
Facebook's hotly-anticipated video ads are likely delayed yet again -- this time, until the fall. Earlier this spring, the social network had been busily shopping the ads around to agencies, looking to secure commitments for a July launch.

Amazon dumps Minnesota affiliates to avoid collecting online state sales tax

Pioneer Press
8 hours ago
https://plus.google.com/114051366544084903616/posts    
Written by
Nick Woltman   
In advance of having to collect online state sales tax, Amazon.com said Tuesday that at the end of the month it will sever ties with its Minnesota-based affiliate websites that receive a fee for referring shoppers to the retail giant's online store.

Health-Insurance Exchanges Are Falling Behind Schedule

Wall Street Journal    - ‎12 minutes ago‎   
Government officials have missed several deadlines in setting up new health-insurance exchanges for small businesses and consumers—a key part of the federal health overhaul—and there is a risk they won't be ready to open on time in October, Congress's ...

Head of HP's Printer Business to Take On Strategy Role

Wall Street Journal    - ‎13 hours ago‎   
Hewlett-Packard Co. said Tuesday that Todd Bradley, head of its printing and personal-computer businesses, will take on a newly created role as executive vice president of strategic growth initiatives.

Duke Energy turns to insider to succeed CEO Rogers

Reuters    - ‎7 hours ago‎   
By Eileen O'Grady and Anna Driver. Tue Jun 18, 2013 5:05pm EDT. (Reuters) - Duke Energy Corp (DUK.N) has turned to an insider, Chief Financial Officer Lynn Good, to take over as chief executive when Jim Rogers steps down as part of a regulatory ...

Hormel cuts full-year profit outlook; shares fall

Reuters    - ‎13 hours ago‎   
Tue Jun 18, 2013 10:29am EDT. (Reuters) - Hormel Foods Corp (HRL.N), which makes Spam lunch meat, cut its full-year earnings outlook on Tuesday, citing weakness in its pork business, softer sales of its refrigerated foods and higher meat costs, and its ...

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