Tag Archives: effort

O.J. testifies in long-shot bid to win freedom

O.J. Simpson, 65, testifies as part of an effort to overturn a prison term that could last his life span Continue reading

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Obama to Hit the Road on Economic Plans

By Josh Lederman WASHINGTON — Immigration, guns and national security are dominating the discussion on Capitol Hill, but Americans by and large are still focused on their bottom line. So President Barack Obama is launching a series of quick jaunts around the country to remind Americans he’s still got jobs and the economy on his mind. Obama will kick off the effort Thursday with a trip to Austin, Texas, the White House said Continue reading

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Boehner-led cost-cutting saving millions in the House

A cost-cutting effort launched by Speaker John Boehner is on pace to save taxpayers more than $400M by the end of this year. Continue reading

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SMBC Nikko bets on "Abenomics", plans first new branches in five years

By Nathan Layne and Emi Emoto TOKYO (Reuters) – Japan’s SMBC Nikko Securities will expand its domestic retail branch network by more than 20 percent over the next three years as it bets that the new premier’s economic policies will lift the stock market further, the head of the country’s third-largest brokerage said. Continue reading

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Global Macro: Central Banks Fail to Create Demand

NEW YORK (TheStreet) — The global picture indicates that central banks across the world have yet to create sufficient demand, despite aggressive monetary efforts. Precious and industrial metals, as well as oil, have all tanked, although the U.S. equity indexes have yet to follow Continue reading

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Ten retailers urged to pull potentially toxic products

Effort launches Thursday urging 10 retailers to stop selling potentially toxic products. Continue reading

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Samsung to open brand shops in Best Buy stores; Wall Street approves

By Dhanya Skariachan NEW YORK (Reuters) – Samsung Electronics Co Ltd is planning to install its brand shops in more than 1,400 Best Buy Co Inc stores this year, a move that some on Wall Street said could help the world's largest consumer electronics chain boost in-store traffic, sales and profitability. The news pushed Best Buy shares up 12.5 percent to $24.36 on Thursday. The store-within-a-store effort is a key element of Best Buy's turnaround plan, which includes dedicating more space to more-profitable products like tablets and mobile phones. Continue reading

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Best Buy founder returns as chairman emeritus

(Reuters) – Best Buy Co Inc founder Richard Schulze, who left the board last year and later failed in his effort to take the company private, will rejoin the retailer as chairman emeritus and add two of his former colleagues to the board.Schulze has nominated former Chief Executive Brad Anderson and former Chief Operating Officer Al Lenzmeier to the board, Best Buy said on Monday. Continue reading

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Wall Street Week Ahead: S&P 500 could see peak but Cyprus talks go on

By Chuck Mikolajczak and Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks could break through to all-time closing highs this week, but it could depend on a solution to Cyprus' fiscal woes. On Sunday, Cypriot President Nicos Anastasiades held last-minute talks with international lenders in an effort to save the island nation from financial meltdown. Continue reading

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NYC pension funds seeking ouster of 2 HP directors

NEW YORK (AP) — A group of New York City pension funds is joining the effort to oust the longest-serving members on Hewlett-Packard’s board of directors for their roles in a series of costly decisions that have battered the company’s stock. Continue reading

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