SAN FRANCISCO/NEW YORK (Reuters) - R.R. Donnelley & Sons Co handles thousands of securities filings a year for corporate clients in a routine process that is invisible to most investors. On Thursday Google and its shareholders found out just what happens when that process goes wrong.Google issued a statement blaming Donnelley, its filing agent, after the Internet search company's quarterly results...
Who Owns America’s Debt?
Labels: BusinessAs the U.S. continues to rack up more than $1 trillion of new debt every year, Americans are beginning to worry about who we owe this money to and how much power our creditors have over us.According to Barry P. Bosworth, a senior fellow at the Brookings Institution, our two biggest foreign creditors are Japan and China.Although it may seem as though our debt to these countries renders us a puppet...
Earnings from McDonald's, Microsoft sink stocks
Labels: BusinessPoor earnings reports from three companies in the Dow Jones industrial average — Microsoft, General Electric and McDonalds — sent indexes down sharply Friday, marking a sour end to an otherwise strong week in the stock market.McDonald's led a broad drop in the Dow, falling 3 percent. The Dow was down 151 points at 13,397 shortly after noon."I'm concerned about corporate earnings, but I'm not alarmed...
McDonald's Canada Reveals How They Make Famous Fries
Labels: BusinessMcDonald's Canada is at it again, demystifying their french fry recipe "from the farm to all the way to the fryer."In their new behind-the-scenes video, Scott Gibson, manager of the company's supply chain, takes customer questions on their world-famous fries.Gibson addresses the first question asking whether or not the potatoes used by the fast food restaurant are real. Standing in the middle of the...
US housing construction up 15 percent in September
Labels: Business U.S. builders started construction on single-family homes and apartments in September at the fastest rate since July 2008, a further indication that the housing recovery is strengthening.The Commerce Department said Wednesday that builders broke ground on homes at a seasonally adjusted annual rate of 872,000 in September. That's an increase of 15 percent from the August level.Applications for...
Dec
25
New York gunman left note declaring plan to kill people
Labels: SportsA gunman who killed two volunteer firefighters and wounded two others in a Christmas Eve ambush in upstate New York left a typewritten note saying he planned to burn down his neighborhood and start "killing people," authorities said on Tuesday.The gunman, William Spengler, 62, opened fire on volunteer firefighters who responded to a house fire he deliberately set early on Monday morning in Webster,...
Link between pot, psychosis goes both ways in kids
Labels: Sports Marijuana (cannabis) use may be linked to the development of psychotic symptoms in teens - but the reverse could also be true: psychosis in adolescents may be linked to later pot use, according to a new Dutch study."We have focused mainly on temporal order; is it the chicken or the egg? As the study shows, it is a bidirectional relationship," wrote the study's lead author Merel Griffith-Lendering,...
Central African Republic rebels seize central town, defying foreign troops
Labels: Sports Rebels in Central African Republic seized the central town of Kaga Bandoro on Tuesday despite the presence of foreign troops meant to support the government, a government official said.The fall of the town, 333 km (207 miles) north of the capital Bangui, came hours after the Seleka rebel alliance said they would suspend their push and means they now have a firm grip on the north and east of...
5 Ways This Obama Inauguration Will Be Different
Labels: Sports1. Fewer PeoplePresident Obama’s inauguration as the first African-American president drew 1.8 million people to the National Mall—some of whom flew across the country and the world to be in D.C. for Obama’s big day. Second inaugurations tend to be more low-key, and Obama’s will be no exception. His second is expected to draw only half as many people, according to the Washington Metropolitan Area...
Egypt approves constitution drafted by Mursi allies
Labels: Sports Egyptian voters overwhelmingly approved a constitution drafted by President Mohamed Mursi's allies, results announced on Tuesday showed, proving that liberals, leftists and Christians have been powerless to halt the march of Islamists in power.Final elections commission figures showed the constitution adopted with 63.8 percent of the vote in the referendum held over two days this month, giving...
Subscribe to:
Posts (Atom)
Copyright © News Personal Finance. All rights reserved.
Design 