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Singapore No Home For Luxury Developers As Cooling Measures Bite

04/17/14 Luxury property developers in Singapore are facing their worst sales outlook in six years as a raft of government measures to cool one of the world's most expensive real estate markets bite. Sales of private homes, which account for just under one-fifth of the total property market, fell to their lowest in more than four years in January to March, official data showed this week. ...Read More »

Obama: Not Sure of Anything in Ukraine Crisis

04/17/14 President Obama held a surprise press briefing at the White House, discussing the newest figures on the Affordable Care Act and the situation in Ukraine. Jerry Seib joins the News Hub. ...Read More »

Video: Ex-BP Employee Settles SEC Insider-trading Oil Spill Case

04/17/14 A former 20-year veteran of BP will pay a civil penalty to settle civil charges alleging he used non-public information during the 2010 Deepwater Horizon oil spill to commit insider-trading, U.S. regulators said on Thursday. The SEC said Keith A. Seilhan, who coordinated the company's cleanup efforts, will settle the case without admitting or denying the charges. ...Read More »
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Video: Stocks Edge Lower After Google, IBM Earnings

04/17/14 Stocks edged lower in midday trading on Thursday as investors digested a crop of mixed company earnings. Among the stocks weighing down the market were Google, IBM and insurers UnitedHealth and WellPoint. The decline came after three days of broad market gains. The Standard & Poor's 500 index was little changed at 1,861 as of noon Eastern Time. The Dow Jones industrial average fell 25 points, or 0.2 percent, to 16,399. The Nasdaq composite was flat at 4,085. ...Read More »

SAP CEO braces for currency crunch

04/17/14 German business software maker SAP warned on Thursday that it expected the negative impact of volatile exchange rates to worsen in the second quarter as the strong euro weighs on its financial results. (ROUGH CUT - NO REPORTER NARRATION) ...Read More »

Ex-BP Employee Settles SEC Insider-trading Oil Spill Case

04/17/14 A former 20-year veteran of BP will pay a civil penalty to settle civil charges alleging he used non-public information during the 2010 Deepwater Horizon oil spill to commit insider-trading, U.S. regulators said on Thursday. The SEC said Keith A. Seilhan, who coordinated the company's cleanup efforts, will settle the case without admitting or denying the charges. ...Read More »

Stocks Edge Lower After Google, IBM Earnings

04/17/14 Stocks edged lower in midday trading on Thursday as investors digested a crop of mixed company earnings. Among the stocks weighing down the market were Google, IBM and insurers UnitedHealth and WellPoint. The decline came after three days of broad market gains. The Standard & Poor's 500 index was little changed at 1,861 as of noon Eastern Time. The Dow Jones industrial average fell 25 points, or 0.2 percent, to 16,399. The Nasdaq composite was flat at 4,085. ...Read More »

Titan Aerospace a sky-high platform for Google's internet ambitions

04/17/14 Tech giant Google Inc. has acquired solar-powered drone maker Titan Aerospace as part of its strategy to deliver wireless Internet access to remote parts of the world. Titan is developing a variety of solar-powered "atmospheric satellites," which are designed to stay aloft indefinitely, providing aerial and telecommunications services at 1/100th the cost of current satellite platforms. Ben Gruber has more. ...Read More »

Takeaways From Banks' First-Quarter Earnings

04/17/14 WSJ Heard on the Street columnist John Carney analyzes first-quarter earnings from the banking sector. ...Read More »

GM CEO Mary Barra unveils new safety unit

04/17/14 General Motors' CEO Mary Barra tells auto industry insiders that she is creating a new global product integrity organization within her company, aimed at preventing safety and quality issues at the heart of a recall linked to at least 13 deaths. Conway G. Gittens reports. ...Read More »

Despite Early ACA Costs, UnitedHealth Will Expand Obamacare Business In 2015

04/17/14 The nations largest health insurance company, UnitedHealth Group, said its first-quarter earnings dipped slightly due to costs and fees related to the Affordable Care Act, but the company sees growth from the law and is looking to expand its offerings on government-run exchanges next year. UnitedHealth projects its revenue to grow five percent this year to a “range of $128 billion to $129 billion as it gains new customers from newly insured customers under the health law via exchanges, expanded Medicaid health programs for the poor and its Medicare Advantage. ...Read More »


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