US Economy - Business Exchange Most Active Articles 2013-05-24T13:57:24.580-04:00 Business Exchange Business_Exchange@businessweek.com urn:com:businessweek:bx:topic:most-active:us-economy Alexa Michl amichl817 Sony Convertible Bond Buyers See Profits as Shares Gain urn:com:businessweek:bx:article:5947188459069153994-07c711174a0f55b830132b63b6c5d43f 2013-05-19T13:49:43.346-04:00 Investors who bought into Sony Corp.’s convertible bond issue last year may reap profits of as much as $1.7 billion, after the shares surged to more than double the price at which the debt can be redeemed for equity. Investors who bought into Sony Corp.’s convertible bond issue last year may reap profits of as much as $1.7 billion, after the shares surged to more than double the price at which the debt can be redeemed for equity. bloomberg.com http://www.bloomberg.com/news/2013-05-17/sony-convertible-bond-buyers-see-profits-as-shares-gain.html Ian Arceneaux iarceneaux923 3 1 0 2 Immigration bill increases visas for skilled workers, tightens rules urn:com:businessweek:bx:article:2632198925494269929-385b58d240dd0473654e28e64970c295 2013-04-16T15:46:03.918-04:00 The Senate immigration bill outlined Tuesday attempts to meet long-sought demands from America's technology sector for more high-skilled workers from abroad to fill the gap created The Senate immigration bill outlined Tuesday attempts to meet long-sought demands from America's technology sector for more high-skilled workers from abroad to fill the gap created links.reuters.com http://links.reuters.com/r/CRB2Q/PK67E/16QC4Z/5CV082/3COLW0/YT/h?a=http://links.reuters.com/r/CRB2Q/PK67E/16QC4Z/5CV082/9MZ6AZ/YT/h Dennis Ude Atuanya datuanya486 2 1 0 1 New Consumer Bureau Decapitated by Court Ruling urn:com:businessweek:bx:article:7949958706901886049-ba80d087b05c4461a0b53b7597ec4848 2013-01-29T10:21:10.506-05:00 It was obvious that the Consumer Financial Protection Board was in trouble almost as soon as a federal appeals court ruled late last week that President Barack Obama had overreached in bypassing the Senate to install three people on a labor-relations board. It was obvious that the Consumer Financial Protection Board was in trouble almost as soon as a federal appeals court ruled late last week that President Barack Obama had overreached in bypassing the Senate to install three people on a labor-relations board. bloomberg.com http://www.bloomberg.com/news/2013-01-28/new-consumer-bureau-decapitated-by-court-ruling.html Ayako Nakagawa anakagawa201 0 0 0 0 U.S. can sue BNY Mellon over currency trades: judge urn:com:businessweek:bx:article:3596481464915940146-6878c8c997fd0798c1633e255b8b8b75 2013-04-24T16:09:12.442-04:00 A federal judge said Wednesday the U.S. government can proceed with a lawsuit accusing Bank of New York Mellon Corp of overcharging clients for trading currencies, a case brought under a rarely-used A federal judge said Wednesday the U.S. government can proceed with a lawsuit accusing Bank of New York Mellon Corp of overcharging clients for trading currencies, a case brought under a rarely-used Reuters http://www.reuters.com/article/2013/04/24/us-bankofnewyorkmellon-lawsuit-idUSBRE93N12820130424 Dennis Ude Atuanya datuanya486 0 0 0 0 Are Bankers Underpaid? urn:com:businessweek:bx:article:15971688612580673219-83b6be621e6217fa6bde6a987450fb67 2013-03-11T15:52:07.230-04:00 Ready the small violins! Ready the small violins! nymag.com http://nymag.com/daily/intelligencer/2013/03/are-bankers-underpaid.html Dennis Ude Atuanya datuanya486 0 0 0 0 Beijing Opposes U.S. Rule on Technology Imports urn:com:businessweek:bx:article:2614949861926242301-2a678e6bf83558ceab473f509a5963a3 2013-04-01T07:42:16.563-04:00 China expressed “resolute opposition” and “strong dissatisfaction” with a new U.S. cyberespionage rule limiting imports of Chinese-made information technology products. China expressed “resolute opposition” and “strong dissatisfaction” with a new U.S. cyberespionage rule limiting imports of Chinese-made information technology products. New York Times http://www.nytimes.com/2013/04/01/business/global/beijing-opposes-us-rule-on-technology-imports.html?ref=global Dennis Ude Atuanya datuanya486 0 0 0 0 SEC testing customized punishments urn:com:businessweek:bx:article:10136098584170209569-a04d008e851a444a055824d58bb3e86e 2013-03-12T12:24:04.268-04:00 The Securities and Exchange Commission is experimenting with punishments that more closely fit the wrongdoing at issue in a bid to give its enforcement cases more bite.Criticized The Securities and Exchange Commission is experimenting with punishments that more closely fit the wrongdoing at issue in a bid to give its enforcement cases more bite.Criticized links.reuters.com http://links.reuters.com/r/SCXS8/NWR9C/97P4QD/TPP9KH/XBLFOB/YT/h?a=http://links.reuters.com/r/SCXS8/NWR9C/97P4QD/TPP9KH/A5ZO45/YT/h Dennis Ude Atuanya datuanya486 0 0 0 0 Credit Bubble Seen in Davos as Cohn Warns of Repricing urn:com:businessweek:bx:article:11795568726657768506-4c67bc95a5cafc6ee9345aa066b9c6a4 2013-01-24T19:39:19.526-05:00 Goldman Sachs Group Inc. President Gary Cohn warned of a potential drop in fixed-income prices as bankers and policy makers in Davos celebrated surging demand for financial assets. Goldman Sachs Group Inc. President Gary Cohn warned of a potential drop in fixed-income prices as bankers and policy makers in Davos celebrated surging demand for financial assets. bloomberg.com http://www.bloomberg.com/news/2013-01-24/credit-bubble-seen-in-davos-as-cohn-warns-of-repricing.html Ayako Nakagawa anakagawa201 0 0 0 0 How Obama and Republicans Squandered First 100 Days urn:com:businessweek:bx:article:10645639798788884245-33cff69287eb16f1b3e4029cf27a925c 2013-04-28T21:48:27.851-04:00 The 100-day mark is a measure for first-term presidents, not re-elected ones. The 100-day mark is a measure for first-term presidents, not re-elected ones. bloomberg.com http://www.bloomberg.com/news/2013-04-28/how-obama-and-republicans-squandered-first-100-days.html Ayako Nakagawa anakagawa201 0 0 0 0 Immigration and wages: The case of software engineers. urn:com:businessweek:bx:article:15207561504894573886-5b580ed8fdb08f1368a63cadc4d31a5b 2013-04-12T14:54:20.156-04:00 It's clear that allowing high-skilled tech workers to immigrate to the United States is a boon to the engineers themselves, who experience a fivefold increase in earnings. It's also clear from the furious lobbying around it that it's a boon to U.S.-based technology firms. Given that, it's simple for a... It's clear that allowing high-skilled tech workers to immigrate to the United States is a boon to the engineers themselves, who experience a fivefold increase in earnings. It's also clear from the furious lobbying around it that it's a boon to U.S.-based technology firms. Given that, it's simple for a... slate.us2.list-manage1.com http://slate.us2.list-manage1.com/track/click?u=c05b76ecf68cd5e5448448316&id=9c1e2ae2bf&e=123ce43ffd Dennis Ude Atuanya datuanya486 0 0 0 0 Dealers Say No End to QE in ’13; Hatzius Sees 2016 Rate Rise urn:com:businessweek:bx:article:12192895713251844012-654962264db931248cf087598ea27b9c 2013-04-22T07:09:33.471-04:00 Wall Street’s biggest bond dealers see little chance the Federal Reserve will slow the pace of debt purchases designed to boost economic growth before year-end, even as policy makers face calls to curb the buying. Wall Street’s biggest bond dealers see little chance the Federal Reserve will slow the pace of debt purchases designed to boost economic growth before year-end, even as policy makers face calls to curb the buying. bloomberg.com http://www.bloomberg.com/news/2013-04-21/dealers-say-no-end-to-qe-in-2013-as-hatzius-sees-2016-rate-rise.html Dennis Ude Atuanya datuanya486 0 0 0 0 House Budget Success Is More Congressional Failure urn:com:businessweek:bx:article:6614159189964111219-a9b5484fa0e8ec62fc75d66028ef9a66 2013-03-08T10:46:41.505-05:00 Washington is celebrating a modest victory this week because the House of Representatives passed legislation to finance the government for the remainder of the fiscal year. This “continuing resolution” sets funding for all but military programs beneath their 2012 levels (once sequestration is factored in). Washington is celebrating a modest victory this week because the House of Representatives passed legislation to finance the government for the remainder of the fiscal year. This “continuing resolution” sets funding for all but military programs beneath their 2012 levels (once sequestration is factored in). bloomberg.com http://www.bloomberg.com/news/2013-03-07/house-budget-success-reveals-wider-congressional-failure-view.html Ayako Nakagawa anakagawa201 0 0 0 0 David Stockman’s return: The former Reagan budget director gets media attention because he plays the part of the iconoclastic truth-teller so well. urn:com:businessweek:bx:article:4413173137618471693-f229d7fa2db6f82230bb414de1a5f20c 2013-04-04T12:00:26.303-04:00 Thirty-one years and six-odd months. That’s the new record. That’s how long former Reagan budget director David Stockman has dined out on his outcast/iconoclast—outconoclast?—reputation for fiscal straight talk. Reporters would have a tough time shaming parties or presidents if the occasional Isaiah didn’t break away and do the shaming for... Thirty-one years and six-odd months. That’s the new record. That’s how long former Reagan budget director David Stockman has dined out on his outcast/iconoclast—outconoclast?—reputation for fiscal straight talk. Reporters would have a tough time shaming parties or presidents if the occasional Isaiah didn’t break away and do the shaming for... slate.com http://www.slate.com/articles/news_and_politics/politics/2013/04/david_stockman_s_return_the_former_reagan_budget_director_gets_media_attention.html?wpisrc=newsletter_slatest_morning_newsletter Dennis Ude Atuanya datuanya486 0 0 0 0 Fed Says U.S. Household Debt Declined to 2006 Level urn:com:businessweek:bx:article:17678499526236743032-3b41dd0beb24db6ece2704967b9a1ee1 2013-05-14T14:01:59.288-04:00 U.S. households reduced debt during the first quarter by 1 percent to the lowest level since 2006, resuming a deleveraging trend in the wake of the financial crisis, according to the Federal Reserve Bank of New York. U.S. households reduced debt during the first quarter by 1 percent to the lowest level since 2006, resuming a deleveraging trend in the wake of the financial crisis, according to the Federal Reserve Bank of New York. bloomberg.com http://www.bloomberg.com/news/2013-05-14/fed-says-u-s-household-debt-declined-to-2006-level.html Dennis Ude Atuanya datuanya486 0 0 0 0 NTSB still seeking root cause of Boeing 787 fire urn:com:businessweek:bx:article:6223946386401409171-66cbd336bb67c17ddbca39bac0f9f643 2013-03-08T13:28:38.143-05:00 A safety regulator on Thursday released hundreds of pages of details from its probe of a battery fire aboard Boeing's 787 Dreamliner, but the information did not reveal what caused the January A safety regulator on Thursday released hundreds of pages of details from its probe of a battery fire aboard Boeing's 787 Dreamliner, but the information did not reveal what caused the January links.reuters.com http://links.reuters.com/r/GPOMR/XJHVU/MSVFHU/OJJD2E/872HPY/YT/h?a=http://links.reuters.com/r/GPOMR/XJHVU/MSVFHU/OJJD2E/HIK2SF/YT/h Dennis Ude Atuanya datuanya486 0 0 0 0 Plastic-Shy Young in U.S. Spur Move to New Credit Data urn:com:businessweek:bx:article:1660268731964548710-a6f5d03bb64ea1c0118bb36c063a2e67 2013-03-18T15:25:51.568-04:00 Charlie Frohne never wanted a Visa or MasterCard, afraid of incurring debts he couldn’t repay. As the 30-year-old searched for a Manhattan apartment, he found landlords treated his lack of a credit history as a liability. Charlie Frohne never wanted a Visa or MasterCard, afraid of incurring debts he couldn’t repay. As the 30-year-old searched for a Manhattan apartment, he found landlords treated his lack of a credit history as a liability. bloomberg.com http://www.bloomberg.com/news/2013-03-18/plastic-shy-young-in-u-s-spur-move-to-new-credit-data.html Dennis Ude Atuanya datuanya486 0 0 0 0 Environmentalists Step Up Opposition to Keystone Pipeline urn:com:businessweek:bx:article:14663076191837130822-45e718f8f32a1c890c7f2187422d7caa 2013-03-04T02:14:54.472-05:00 Opponents of TransCanada Corp.’s Keystone XL pipeline say they intend to make President Barack Obama hear their concerns after a March 1 report helped clear a way for White House approval of the project. Opponents of TransCanada Corp.’s Keystone XL pipeline say they intend to make President Barack Obama hear their concerns after a March 1 report helped clear a way for White House approval of the project. bloomberg.com http://www.bloomberg.com/news/2013-03-03/environmentalists-step-up-opposition-to-keystone-pipeline.html Dennis Ude Atuanya datuanya486 0 0 0 0 The Debate on Bank Size Is Over urn:com:businessweek:bx:article:7589592527400246391-34e27688f6ab61335e9069484eda27aa 2013-03-28T08:32:57.918-04:00 Mounting evidence shows that the battle to control the biggest banks is being won, although tactics remain to be worked out, an economist writes. Mounting evidence shows that the battle to control the biggest banks is being won, although tactics remain to be worked out, an economist writes. economix.blogs.nytimes.com http://economix.blogs.nytimes.com/2013/03/28/the-debate-on-bank-size-is-over/?ref=economy Dennis Ude Atuanya datuanya486 0 0 0 0 Snow Closes U.S. Offices, Disrupts East Coast Flights urn:com:businessweek:bx:article:18007577264742830340-cb9c29c1c47d802efca11102dff8aacd 2013-03-06T16:55:34.663-05:00 Light snow mixed with rain fell in Washington, where federal offices were closed and more than 1,000 flights scratched, as the city braced for a winter storm that dumped more than 9 inches of snow on Chicago. Light snow mixed with rain fell in Washington, where federal offices were closed and more than 1,000 flights scratched, as the city braced for a winter storm that dumped more than 9 inches of snow on Chicago. bloomberg.com http://www.bloomberg.com/news/2013-03-05/winter-storm-turns-east-as-snow-grounds-airline-flights.html Ayako Nakagawa anakagawa201 0 0 0 0 Industry fears LNG exports rise will hit US urn:com:businessweek:bx:article:13420397873573513694-0d87894a844aaa2f92dc2a6abb6256b2 2013-03-26T11:04:53.475-04:00 Tens of billions of dollars of potential investment in US industry are at risk if the government allows a large increase in natural gas exports, a group of manufacturers has warned. America’s Energy Advantage, a group backed by six large industrial Tens of billions of dollars of potential investment in US industry are at risk if the government allows a large increase in natural gas exports, a group of manufacturers has warned. America’s Energy Advantage, a group backed by six large industrial ft.com http://www.ft.com/intl/cms/s/0/96e00364-947b-11e2-b822-00144feabdc0.html#axzz2OesjAPL8 Dennis Ude Atuanya datuanya486 0 0 0 0 Bankrupt California city to resume paying pension fund, but not bondholders urn:com:businessweek:bx:article:4093563688605680083-87370b1dd9fa1adcb1fdf7c60172e5c5 2013-04-12T14:47:06.238-04:00 Bankrupt San Bernardino will resume paying into the state pension fund on July 1, but the California city will continue to renege on other debts including payments to bondholders, Bankrupt San Bernardino will resume paying into the state pension fund on July 1, but the California city will continue to renege on other debts including payments to bondholders, links.reuters.com http://links.reuters.com/r/2XRTM/J71C0/7ANMIX/XTHL3A/PNRXCS/YT/h?a=http://links.reuters.com/r/2XRTM/J71C0/7ANMIX/XTHL3A/IEYATA/YT/h Dennis Ude Atuanya datuanya486 0 0 0 0 U.S. Official Faults F.A.A. for Missing 787 Battery Risk urn:com:businessweek:bx:article:17969894278222792613-272fe50a100421a5b1d32f996a0978a7 2013-02-08T08:50:39.394-05:00 As a transportation official said tests in 2007 failed to anticipate potential incidents, the Federal Aviation Administration approved flights of the Boeing jet to collect data. As a transportation official said tests in 2007 failed to anticipate potential incidents, the Federal Aviation Administration approved flights of the Boeing jet to collect data. New York Times http://www.nytimes.com/2013/02/08/business/us-officials-fault-faa-for-missing-787-battery-risk.html?ref=global Dennis Ude Atuanya datuanya486 0 0 0 0 Summers Says Tax-Law Uncertainty Weighing on Businesses Spending urn:com:businessweek:bx:article:10684261043908318572-50f5a3e5c361a5bfb41bb6cc766ce9b7 2013-02-16T15:33:01.849-05:00 Former White House economic adviser Lawrence Summers said uncertainty over the future of the corporate tax code is creating a drag on the U.S. economy by making businesses hesitant to invest. Former White House economic adviser Lawrence Summers said uncertainty over the future of the corporate tax code is creating a drag on the U.S. economy by making businesses hesitant to invest. bloomberg.com http://www.bloomberg.com/news/2013-02-16/summers-says-tax-law-uncertainty-weighing-on-businesses-spending.html Ayako Nakagawa anakagawa201 0 0 0 0 Fed Signals Possible Slowing of QE Amid Debate Over Risks urn:com:businessweek:bx:article:11909241305646481458-118ab3b84406ee591ae3f92612897b0b 2013-02-21T15:23:38.375-05:00 The Federal Reserve signaled it may consider slowing the pace of asset purchases as officials extended a debate over whether record monetary easing risks unleashing inflation or fueling asset-price bubbles. The Federal Reserve signaled it may consider slowing the pace of asset purchases as officials extended a debate over whether record monetary easing risks unleashing inflation or fueling asset-price bubbles. bloomberg.com http://www.bloomberg.com/news/2013-02-21/fed-signals-possible-slowing-of-qe-amid-debate-over-risks.html Dennis Ude Atuanya datuanya486 0 0 0 0 Obama to Propose Spending to Boost Jobs in State of Union Speech urn:com:businessweek:bx:article:2659790604756048614-0382d251afe5f1340cac74fbf6567a94 2013-02-10T13:03:42.556-05:00 President Barack Obama will use his State of the Union address this week to focus on job creation and the struggles of American families, marking a renewed emphasis on the economic issues that defined his first term. President Barack Obama will use his State of the Union address this week to focus on job creation and the struggles of American families, marking a renewed emphasis on the economic issues that defined his first term. bloomberg.com http://www.bloomberg.com/news/2013-02-10/obama-to-propose-spending-to-boost-jobs-in-state-of-union-speech.html Dennis Ude Atuanya datuanya486 0 0 0 0