07/05/13 Comprehensive Real-Time News Feed for Financial Services

• Families of parasailing accident victims speak _{2013-07-05, 01:30 pm}
  The families of the two 17-year-old girls from Indiana spoke publicly for the first time Thursday about Monday's tragic parasailing crash.
• Lamphier: Passing the philanthropic torch in Edmonton _{2013-07-05, 09:16 pm}
  The former CEO of Lockerbie & Hole, a highly successful century-old family firm that was sold to Toronto-based construction giant Aecon Group in 2009, was as renowned for his philanthropy as he was for his corporate smarts.
• Your Work vs. Your Weight _{2013-07-05, 08:56 pm}
  Employers may think they're encouraging healthful habits by charging overweight workers more for insurance.
• Think Your Money is Safe in an Insured Bank Account? _{2013-07-05, 08:53 pm}
  When Dutch Finance Minister Jeroen Dijsselbloem told reporters on March 13, 2013, that the Cyprus deposit confiscation scheme would be the template for future European bank bailouts, the statement caused so much furor that he had to retract it.
• Anthony Hilton: Car sales kickstarted by compensation payments _{2013-07-05, 08:42 pm}
  The motor industry said on Thursday that it had sold well over 1 million new cars in the first half of the year, and that overall sales are up on last year by more than 10%.
• Market Report: Miners in a hole after dollar soars _{2013-07-05, 08:41 pm}
  Laura Chesters is digital, consumer and luxury goods reporter at The London Evening Standard, i, The Independent and The Independent on Sunday.
• SoftBank Plan for U.S. Wireless Foothold Advances on FCC Action _{2013-07-05, 08:33 pm}
  SoftBank Corp. will compete to provide Americans with broadband and wireless telecommunications service following approval by the Federal Communications Commission of its bid to buy Sprint Nextel Corp. The FCC announced yesterday that the $21.6 billion deal is in the public's interest, giving SoftBank chairman and Japanese billionaire Masayoshi Son ... (more)
• New Zealand Begins Student World Cup with a Record Win _{2013-07-05, 08:33 pm}
  To the delight of rugby league statisticians and historians, the New Zealand Universities and Tertiary Students team got off to a superb start with a Student World Cup record 124-0 score over Russia, at Provident Stadium, in Bradford, England this morning .
• Protect America Inc. Gives its Website a Face Lift _{2013-07-05, 08:26 pm}
  A favorite among home owners for providing high quality home security system and home automation at competitive prices, Protect America has re-launched their website with a brand new design on July 4th.
• FCC Approves Softbank's $21.6B Acquisition of Sprint _{2013-07-05, 08:24 pm}
  The U.S. Federal Communications Commission has approved the $21.6 billion acquisition of Sprint by Japanese telecommunications group Softbank, saying it promises to bring consumers faster and more advanced wireless broadband Internet service.
• Goldman Sachs to Microsofts Support for Gays Pressures States _{2013-07-05, 08:17 pm}
  Our eNewspaper network was founded in 2002 to provide stand-alone digital news sites tailored for the most searched-for locations for news.
• Feds bar new mining claims from 17 new solar energy zones on Western public lands _{2013-07-05, 08:17 pm}
  Our eNewspaper network was founded in 2002 to provide stand-alone digital news sites tailored for the most searched-for locations for news.
• US Softbank UPDATE1 _{2013-07-05, 08:17 pm}
  NEW YORK, July 6 -- _ The Federal Communications Commission announced its approval Friday of Softbank Corp.'s acquisition of the third-largest U.S. mobile carrier Sprint Nextel Corp. The FCC, which also cleared Sprint Nextel's move to increase its stake in wireless Internet provider Clearwire Corp. to 100 percent, said it had determined that ... (more)
• Unilever ups its Indian stake _{2013-07-05, 08:07 pm}
  Unilever has raised its stake in Indian subsidiary Hindustan Unilever but fallen short of the 75% threshold it had originally targeted.
• Markets calm after flurry _{2013-07-05, 08:06 pm}
  The FTSE 100 edged up, gaining 0.21% to 6434.92. This followed yesterday's 3.08% surge, the biggest single-day gain since November 2011, which was prompted by the signals from the Bank of England and the European Central Bank that interest rates will be held down for an extended period.
• U.S. ambassadorship to Canada goes unfilled for now _{2013-07-05, 08:05 pm}
  Three months ago, word leaked out that the next U.S. ambassador to Canada would be Bruce Heyman, a wealthy, Goldman Sachs money manager and Obama fundraiser from Chicago.
• Mark Carney treated like a king _{2013-07-05, 08:04 pm}
  Indeed, one would be hard pressed to recall another time when a central banker, handsome devil though he may be, was compared to a movie star.
• Dollar Gains On Upbeat Jobs Report _{2013-07-05, 08:00 pm}
  The dollar strengthened Friday after a stronger-than-expected jobs report bolstered expectations the U.S. will continue to grow faster than other major economies.
• Stocks end with strong gains after jobs report _{2013-07-05, 07:59 pm}
  Stocks ended with a surge Friday after traders decided that a healthy job market mattered more than the Federal Reserve scaling back its economic stimulus.
• How Cash Secretly Rules Surveillance Policy _{2013-07-05, 07:58 pm}
  When corporations spend big money on campaign contributions, they aren't just buying votes for specific contracts.