European stocks end mixed after inflation, France jitters

European stocks end mixed after inflation, France jitters LONDON (MarketWatch) — European stock markets ended mixed on Monday, with French equities dropping right before the close as the country’s prime minister resigned, while a larger-than-expected drop in euro-zone inflation reignited deflation fears and kept investors on edge. The Stoxx Europe 600 index XX:SXXP +0.17%  rose 0.2% to close at 334.31, coming off its intraday...

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Wall Street slips as banks, techs drag

US stocks fell on Thursday, erasing most of the S&P 500's year-to-date gain, as banking and technology stocks led the selloff. The benchmark S&P 500 turned nearly flat for the year after falling almost 1 percent this week as many of the market's biggest trading favourites lost their momentum. "The decliners once again are the tech and small-cap names. The decline is not as steep as it was earlier this week, but the continued weakness we see in these sectors suggests that investors are becoming more cautious as money continues to...

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German Consumer Sentiment Stays at Seven-Year High

FRANKFURT—Consumer sentiment in Germany remains at a seven-year high, a leading market research institute said Wednesday, but it warned that a further escalation of the crisis in Crimea would likely sap consumer confidence in Europe's largest economy. GfK's forward-looking consumer sentiment indicator was 8.5 points in April, the same level as in March, when it reached its highest point since January 2007. The results matched forecasts from analysts polled by The Wall Street Journal. "It remains to be seen just how the current events...

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CISCO TO SPEND $1BLN ON BUILDING ‘INTERCLOUD’

Cisco said it plans to invest $1 billion over the next two years to build the world’s largest global Intercloud – a network of clouds – with many partners. “The Cisco global Intercloud is being architected for the Internet of Everything, with a distributed network and security architecture designed for high-value application workloads, real-time analytics, ‘near infinite’ scalability and full compliance with local data sovereignty laws,” the...

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Euro knocked down by German PMI data, dollar firms

(Reuters) - The euro struggled on Monday, hurt by signs that growth was slowing in the euro zone's largest economy, Germany, though investors were also wary of buying the dollar as they awaited more evidence of a U.S. recovery. The euro earlier jumped to a European session high after surveys showed French business activity grew in March at its fastest in more than 2 1/2-years, beating forecasts for further contraction in the bloc's second-largest...

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Scores of ships trapped by Texas oil spill

Environmental personnel drive onto the Texas City Dike with oil containment booms for oil remediation following a barge collision in the ship channel, causing an oil spill Saturday in Houston. The barge carried 924,000 gallons of fuel oil. / The Associated Press TEXAS CITY, TEXAS — Three cruise ships were among scores of boats trapped by an "extremely serious" oil spill that closed the shipping channel connecting Galveston Bay and the...

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Breakfast foods are getting pricier

NEW YORK — Breakfast is now being served with a side of sticker shock. The price of bacon is surging and the cost of other morning staples, such as coffee and orange juice, is set to rise because of global supply problems, from drought in Brazil to disease on U.S. pig farms. And it’s not just the first meal of the day that’s being affected. The cost of meats, fish and eggs led the biggest increase in U.S. food prices in nearly 2 1/2 years...

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California DMV: Potential credit card reach

The California Department of Motor Vehicles is investigating a potential breach of its credit card processing systems, in what may be the latest in a string of attacks that have highlighted vulnerabilities in the way payment data is handled. Earlier attacks struck retailers like discounter Target Corp., luxury chain Neiman Marcus Group and beauty supply chain Sally Beauty Holdings Inc. This one stands out, because it was a government agency that may have been the victim. "The Department of Motor Vehicles has been alerted by law enforcement authorities...

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IMF's Lagarde says can't do much about reform without U.S. support

BEIJING (Reuters) - International Monetary Fund chief Christine Lagarde said on Sunday that there was not much she should could to push reform at her organization and give emerging economies a bigger say without the support of the United States. China in January called on IMF member nations to stick to a commitment to give emerging markets more power at the global lender after U.S. lawmakers set back historic reforms that would give developing...

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Walmart creates new online tool for customers to save more money

Walmart has started a new online service to further serve their customers. The Savings Catcher has been made available in select states for Walmart shoppers to use to get a better deal. According to CNN, a customer can type their receipt number into the server and if a better deal is found, Walmart will send the shopper an e-gift card with the difference on it. The Associated Press reports that the tool will compare prices for...

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Galveston Bay oil spill threatens bird migration

McALLEN, Texas (AP) — Crews were working through the night after a barge carrying nearly a million gallons of especially thick, sticky oil collided with a ship in Galveston Bay, leaking an unknown amount of the fuel into the popular bird habitat as the peak of the migratory shorebird season was approaching. Booms were brought in to try to contain the spill, which the Coast Guard said was reported at around 12:30 p.m. Saturday by the captain...

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Glassdoor Reveals the Highest Rated CEOs 2014

LinkedIn's Jeff Weiner, Ford Motor's Alan Mulally and Edelman's Richard Edelman Take Top Honors Among Large Companies SAUSALITO, CA -- (Marketwired) -- 03/21/14 -- Glassdoor, a jobs and career community, has released its annual report of the Highest Rated CEOs for 2014, which is determined by employee feedback shared during the past year. On Glassdoor, employees voluntarily and anonymously provide their opinion on whether they approve or disapprove of how their CEO is leading the company. This year, Glassdoor has recognized the Highest...

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