Shyftr Shyftr

Saturday, August 23, 2014

Wall Street Journal

Amazon Preps a Challenge to Google

Yesterday
Amazon is gearing up to challenge Google's dominance of the online advertising market, developing its own software for placing ads online that could leverage its knowledge of millions of Web shoppers.

Traffic Surge Snarls Rotterdam Port

Yesterday
An unexpected increase in summer traffic through Rotterdam has caused a congestion at Europe's busiest container port just as the facility has reduced capacity for upgrades.

Yellen Noncommittal on Rate Move

Yesterday
Federal Reserve Chairwoman Janet Yellen pointed to an improving U.S. job market, but was noncommittal about how this progress would affect monetary policy.

More Than 1,000 Businesses Affected by 'Backoff' Malware

Yesterday
The Department of Homeland Security urges all companies to check for the possible malware infection, which targets cash registers.

Cargill: Former Executive Stole Trade Secrets

Yesterday
Cargill sued a former executive of its meatpacking division, alleging he stole trade secrets before resigning to join rival JBS this month.

Mexico's Pemex Lowers Expected Oil Output for 2014

Yesterday
Mexico's state-owned oil company Petróleos Mexicanos said crude-oil output this year would fall to about 2.35 million barrels a day after accounting for water and other impurities coming out of its fields in increasing quantities.

Recall 'Concierge' Schedule Repairs at Dealers

Yesterday
With big auto-repair recalls by GM and Chrysler, new car dealers are scrambling to hire additional mechanics and in some cases are hiring staff just to organize appointments.

Valeant, Ackman Win Support for Allergan Meeting

Yesterday
Valeant Pharmaceuticals International and activist investor William Ackman are in the final stages of completing an application to call a special meeting of Allergan Inc. shareholders, in a fresh move to take over the Botox maker.

Raw Sugar Slips Again as Glut Weighs on Market

Yesterday
Sugar prices posted their biggest one-day loss in nearly two months on Friday, as the market resumed its recent decline amid a global glut of the sweetener.

Goldman Close to Settling FHFA Lawsuit

Yesterday
Goldman Sachs is close to settling an FHFA lawsuit for more than $1 billion.

GM Plaintiffs Urge Judge to Allow Recall Suit to Move Forward

Yesterday
One of the groups of plaintiffs trying to sue General Motors over economic losses relating to the massive vehicle recall is asking the bankruptcy judge to allow its lawsuit to proceed.

Credit-Card Comparison Sites Under Fire

Yesterday
The mutually beneficial relationship between a number of card issuers and comparison sites has turned icy, with heated conversations between the parties, banks cutting off ties with some sites and, in one case, a lawsuit.

Foot Locker Profit Rises 39%

Yesterday
Athletic footwear and clothing retailer Foot Locker said its fiscal second-quarter profit jumped 39% as sales continued to climb.

Walgreen Unable to Fill Prescriptions

Yesterday
Walgreen Co.'s pharmacy database crashed earlier today, preventing customers from filling prescriptions at the largest drugstore chain in the U.S.

Google Acquires Gecko Design

Yesterday
Google said it acquired mechanical engineering and product-design company Gecko Design as the Internet-search giant increasingly works on hardware products, rather than just software.

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