Shyftr Shyftr

Thursday, July 31, 2014

Business

Panel Says Ex-Tepco Execs Should Face Charges

2 hours 28 minutes ago - Wall Street Journal
An independent judicial panel of citizens has concluded that three former Tokyo Electric Power Co. executives should face criminal charges in connection with the 2011 Fukushima nuclear disaster

World stock markets drift after Federal Reserve delivers no surprises with latest stimulus cut

2 hours 41 minutes ago - Fox Business
Global stock markets were uninspired by an upbeat report on the U.S. economy, with most drifting lower Thursday after the U.S. Federal Reserve said it would make further cuts to its monetary stimulus as expected

Portugal's BES Proves Weakest Link in EU Banking System

3 hours 4 minutes ago - Forbes
Losses at Portugal's Banco Espirito Santo, following problems at holding companies with stakes in the bank, prove that Europe's banking system and regulations is as strong as its weakest link. Complex ownership structures and parallel accounting systems should not be allowed as the bank's woes risk denting the Portuguese economy ? already among the... by Marcel Michelson

Sinopec Said to Develop Retail Business with Ruentex

2 hours 57 minutes ago - Forbes
China Petroleum & Chemical Corp, the country’s largest refiner, is seeking to develop its Easy Joy convenience store business with Taiwan Ruentex Group, as the government encourages more private investment in state-owned enterprises, according to the state-run China Securities Journal by Yue Wang

Tesla, Panasonic Are Officially Partners On The Road To Build A Gigafactory

3 hours ago - Forbes
It's official: Tesla Motors will team up with Panasonic to build what is shaping up to be the Mother of All Lithium-ion Battery Factories. Or Gigafactory, as the company calls it by Ucilia Wang

Alcatel-Lucent loss narrows on lower charges in 2nd quarter

3 hours 19 minutes ago - Fox Business
Telcommunications equipment company Alcatel-Lucent SA says its net loss narrowed in the second quarter thanks to lower accounting charges, while revenue stagnated and restructuring charges mounted

German beer sales higher in year's 1st half, given extra froth by soccer World Cup

3 hours 12 minutes ago - Fox Business
German beer sales rose by 4.4 percent in the year's first half, gaining froth from the beginning of the country's run to the soccer World Cup title

Panasonic, Tesla to build major US battery plant for electric vehicles, site not announced

3 hours 10 minutes ago - Fox Business
American electric car maker Tesla Motors Inc. is teaming up with Japanese electronics company Panasonic Corp. to build a battery manufacturing plant in the U.S. expected to create 6,500 jobs

China Poised For Global Leadership? Time To Bury Mao Zedong, The Greatest Mass Murderer In History

4 hours 15 minutes ago - Forbes
Mao Zedong lives on in the new China. The Chinese people should bury him and his legacy by Doug Bandow

Michael Jackson’s Career Earnings, Year-By-Year

4 hours 13 minutes ago - Forbes
Michael Jackson helped create a fundamental shift in the monetization of fame, and that’s the notion at the core of "Michael Jackson, Inc," the first business-focused biography of the King of Pop. He earned an estimated $1.1 billion during his adult solo career—nearly $2 billion when adjusting for inflation. Here’s the year-by-year breakdown by Zack O'Malley Greenburg

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