Police: NBA's Jones arrested for 'stomping' on homeless man in Portland

PORTLAND, Ore. ? Terrence Jones, a former Jefferson High School star and current Houston Rockets player, was arrested in Portland at about 2 a.m. on Wednesday after police said he yelled at a homeless man and stomped on his leg.

Jones was charged with harassment and is due in court Tuesday at 2 p.m.

While watching the group walk away from a club called Tube, the sergeant observed a man, later identified as Jones, walk by a doorway where two homeless men were sleeping, according to police spokesman Sgt. Pete Simpson.

The sergeant said Jones yelled, ?Wake up,? then raised his leg and stomped down on one of the man?s legs. The men were sleeping in the doorway of? 114 Northwest 3rd Avenue.

The victim, 46-year-old Daniel John Kellerher, received a minor leg injury and did not require immediate medical attention, Simpson said.

Calls to the Houston Rockets, Jones' agent, Arn Tellem, and his former coach at Jefferson, Pat Strickland, were not immediately returned Wednesday.

Jones led the Jefferson Democrats to an unprecedented three straight Class 5A championships and played in the 2010 McDonald?s All-American Game.

He originally committed to play for the University of Washington, but changed his mind three weeks later and went to Kentucky. He helped the Wildcats to the Final Four in his freshman year, then to the national title in 2012.

He was drafted 18th overall by the Houston Rockets, but spent most of last season in the development league. In his 19 regular-season games with the Rockets, the 6-foot9, 252-pound forward averaged 5.5 points and 3.4 rebounds in 14.5 minutes.

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Source: http://www.katu.com/sports/Former-Jefferson-High-star-NBA-Terrence-Jones-arrested-in-Portland-Houston-Rockets-217775421.html

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Astronaut controls California robot from space An Italian astronaut drove a rob...

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Source: http://www.facebook.com/CalCoastNews/posts/10151639979929823

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Radio waves carry news of climate change: Surprising tool to measure our changing climate

[unable to retrieve full-text content]Radio waves reflecting back to Earth from the ionosphere can offer valuable news about the extent of climate change. His simple, cost-effective measurement can be a valuable contribution to the ongoing effort to track climate change, adding to current measurements for a more holistic picture.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/most_popular/~3/9szpNZ7lyfQ/130730123421.htm

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Bell Helicopter, union set to resume contract talks

Jake Dean

Bell Helicopter officials and the United Auto Workers are scheduled to resume contract talks this week.

Officials with Fort Worth-based Bell Helicopter and the United Auto Workers plan to resume contract negotiations this week, nearly two months after the union rejected what was called a "final offer" from the company.

The Fort Worth Star-Telegram said that Bell and UAW Local 218 are scheduled to meet on Thursday to work on a new agreement. The paper said that since June 9, more than 2,500 Bell machinists, forklift operators and other hourly workers have worked under an expired contract.

Lance Murray edits and writes for the DBJ's website and can be reached at 214-706-7106

Source: http://feeds.bizjournals.com/~r/bizj_dallas/~3/57vBPhz48QY/bell-helicopter-union-set-to-resume.html

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Google launches (limited) new Zagat app for Android and iOS

If you've upgraded to the newest version of Google Maps for Android, you may have noticed that the update removes the "Local" app in favor of the "Explore" option which is somewhat buried in the Maps search page. And, on Friday the Google+ Local app was pulled from the iTunes App Store. It seems that both of those moves may be because Google wants to promote its newly redesigned Zagat app which launched today for Android and iOS.

Unfortunately, while the new Zagat app brings a complete redesign and interesting features, the app is severely limited with dining info for just 9 cities:?Austin, Boston, Chicago, London, Los Angeles, New York City, Philadelphia, San Francisco, and Washington, D.C. Yep, that's it. If you live anywhere too far from one of those cities, you might as well ignore this app for now, although Google is promising to expand to "50 U.S. and international destinations and cover shopping, hotels and other places of interest" in the coming months.

If you do live in or near one of those cities, the app is quite nice. The redesign is attractive and fast, and adds new content like restaurant news, video reviews, curated lists, and even restaurant menus. And, the biggest change from the old Zagat app is that this app is completely free, rather than carrying the $10 price tag from before.?

Source: http://www.phonearena.com/news/Google-launches-limited-new-Zagat-app-for-Android-and-iOS_id45827

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Florida Today cartoonist Jeff Parker retiring

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Source: http://www.floridatoday.com/article/20130724/NEWS01/307240023/1006/rss01/Florida-Today-cartoonist-Jeff-Parker-retiring

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Offshore Drilling Rig Remains On Fire In Gulf Of Mexico

Originally published on Wed July 24, 2013 4:29 pm

A natural gas well off the Louisiana coast has caught fire after a blowout forced the evacuation of 44 workers. It is unclear how long it will take to extinguish the blaze.

Source: http://keranews.org/post/offshore-drilling-rig-remains-fire-gulf-mexico

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Alvarion receives delisting notice from Nasdaq, seeks hearing

TEL AVIV (Reuters) - Israeli wireless broadband technology firm Alvarion said it received a letter from Nasdaq's Listing Qualifications Department indicating the company's ordinary shares are subject to delisting.

The department cited concerns stemming from the appointment of a receiver to enforce liens registered against the company as well as the residual equity interest of the company's shareholders, Alvarion said on Wednesday.

The company said it intends to request a hearing before the Nasdaq Listing Qualifications Panel to review the decision.

The request must be filed within seven calendar days from receipt of the letter, or by July 24. Alvarion will remain listed on Nasdaq pending the outcome of the hearing. A hearing date has not been set.

Silicon Valley Bank had requested a Tel Aviv court to enforce liens and appoint a receiver to collect a loan issued to the company. The district court of Tel Aviv on July 15 decided to appoint a receiver.

Alvarion has struggled to gain a foothold in the long-range wireless Internet sector with its WiMax products and earlier this year sold its broadband wireless access business to Telrad Networks for $6 million.

Alvarion posted a 45 percent drop in first-quarter revenue to $8.5 million and posted a loss of 51 cents per share excluding one-off items.

(Reporting by Tova Cohen)

Source: http://news.yahoo.com/alvarion-receives-delisting-notice-nasdaq-seeks-hearing-070825971.html

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Kirk Cameron?s ?Unstoppable? Ban Explained By Facebook

Kirk Cameron?s Unstoppable movie was banned from Facebook this week and then reinstated a short time later. While Cameron has shouted his ?victory? from the hilltops, Facebook has responded with its own reason for reinstatement.

Facebook spokesman Michael Kirkland spoke with Social News Daily and explained how the social network?s automated anti-spam system forced Unstoppable out of the system.

According to Kirkland, the URL used to share the movie had been previously reported as spam, possibly by the website?s previous owner. Indeed, many users did report that the site had been blocked by McAfee site advisor.

Kirk Cameron?s movie Unstoppable was banned from Facebook this week. Well, sort of. Links to the movie were briefly blocked from the social networking site, but it didn?t have anything to do with religious bigotry. According to Facebook, the movie accidentally slipped into one of its spam filters.

Kirkland notes that, after Kirk Cameron?s Unstoppable was banned, they received his request for reinstatement and acted almost immediately.

Kirkland further explains Facebook?s automated spam system:

?To protect the hundreds of millions of people who connect and share on Facebook every day, we have automated systems that work in the background to maintain a trusted environment and protect our users from bad actors who often use links to spread spam and malware. These systems are so effective that most people who use Facebook will never encounter spam. They?re not perfect, though, and in rare instances they make mistakes. This link was blocked for a very short period of time after being misidentified as a potential spam or malware site. We learn from rare cases such as these to make our systems even better.?

So was there some type of religious persecution on behalf of Facebook? Probably not. But the entire Kirk Cameron Unstoppable ban does highlight the problems that can be associated with automated systems.

Cameron, in the meantime, continues to act as if he won the Crusades, writing on his Facebook page:

?Victory!! Friends, you did it! People tried to stop ?Unstoppable? on Facebook, and because millions of us joined together as one voice, Facebook has apologized and welcomed us back! You all just demonstrated to the press (they are all calling me to talk about your amazing response!) that the communities of faith, hope, and love are, well? unstoppable.?

Sorry, Kirk,but your own stupidity in buying a banned domain banned your video, Facebook acted in kind. End of story.

Source: http://feedproxy.google.com/~r/TheInquisitrTechnology/~3/oFMshRgZRB4/

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Toyota on trial in California

IT Web - Tuesday 23rd July, 2013

A $1 trillion estimate of the global cost of hacking cited by president Barack Obama and other top officials is a gross exaggeration, according to a new study commissioned by the company responsible for the earlier approximation. A preliminary report released on Monday by the Centre for Strategic and International Studies, and underwritten by Intel's security software arm McAfee, ...

REFILE-GLOBAL MARKETS-China plans send world shares higher gold pauses

Reuters - Tuesday 23rd July, 2013

* Asian and European shares gain as China moves to support growth * Gold steadies after big rally, weaker dollar helps * Equity investors to eye corporate earnings outlooks By Richard Hubbard LONDON, July 23 (Reuters) - World shares pushed up towards five-year highs on Tuesday helped by China's plans for avoiding a hard landing in its slowing economy, while gold took a breather after its ...

Google funds display maker

IT Web - Tuesday 23rd July, 2013

Google took another step toward a commercial version of its Google Glass eyewear by acquiring a small stake in a unit of Taiwanese chipmaker Himax Technologies that develops tiny displays. Google will take a 6.3% stake in Himax Display Inc (HDI) and has an option to raise its stake to 14.8% within a year, Himax said in a statement without disclosing the financial ...

Will the real Abe emerge after Diet success

CNN Money - Tuesday 23rd July, 2013

Shinzo Abe's recovery strategy aims to reflate the economy and boost consumption There is widespread concern that Abe will have a tough time enacting bold structural reforms But anything less than audacious will disappoint markets, says Kingston Kingston says Abe must also tread carefully with his ideological, nationalist ...

Toyota on trial in California

CNN Money - Tuesday 23rd July, 2013

Jury selection began Monday for a case in which the family of a deceased California woman claims the 2009 crash that killed her resulted from her Toyota Camry's sudden and uncontrollable ...

Europe stocks mirror Asia gains KPN rallies

Market Watch - Tuesday 23rd July, 2013

LONDON (MarketWatch) -- European stock markets climbed on Tuesday, mirroring a positive session in Asia overnight after officials signaled China is committed to supporting growth in the country. The Stoxx Europe 600 ...

5 Reasons Its Just Absurd That America Doesnt Tax Wall Sts Transactions

AlterNet - Tuesday 23rd July, 2013

for the tax is indisputable: -- 1. Financial industry speculation devastated middle-class homeowner wealth. -- 2. U.S. investors pay zero tax on their speculative transactions. -- 3. The tax is easy to implement, and is very successful in other countries. ...

Wall Street earnings highest since January

MENAFN - Tuesday 23rd July, 2013

(MENAFN) Wall Street is going through it highest earning month since the beginning of the year, reported the Daily Star.Earnings in Q2 are higher than expected as companies, such as IBM and General Electric, made good profits.S&P 500 companies' earnings are now expected to rise by 2.9 percent, while it was expected to go up 8.4 at the beginning of the year.Apple is seen dropping 21 ...

James Murdoch is not afraid to mess up

CNN Money - Tuesday 23rd July, 2013

By Matt Vella, senior editor FORTUNE -- James Murdoch, son of mogul Rupert Murdoch and deputy chief operating officer of the newly formed 21st Century Fox, is not afraid of his mistakes. Speaking at a dinner on the first night of this ...

Asian stocks higher after Wall Street gains

San Diego Union-Tribune - Tuesday 23rd July, 2013

SEOUL, South Korea -; Asian stock markets rose Tuesday as overnight gains on Wall Street and the Japanese prime minister's vow to focus on economic reforms helped investors brush off a downbeat U.S. housing survey and weak quarterly ...

Currencies Dollar down as Fed stimulus prospects weigh

MarketWatch - Tuesday 23rd July, 2013

LOS ANGELES (MarketWatch) -- The U.S. dollar declined against key rivals Tuesday as investors weighed the prospects for a continuation of monetary stimulus from the Federal ...

In Washingtons glare Wall Street commodity trade falls under a shadow

Reuters - Tuesday 23rd July, 2013

WASHINGTON/NEW YORK (Reuters) - Wall Street's multibillion-dollar commodity trading operations will be put under the political spotlight on Tuesday as a powerful U.S. Senate committee questions whether commercial banks should control oil pipelines, power plants and metals ...

Taiwan to let bills finance firms trade offshore yuan bonds -sources

Reuters - Tuesday 23rd July, 2013

TAIPEI, July 23 | Tue Jul 23, 2013 12:12am EDT TAIPEI, July 23 (Reuters) - Taiwan will allow local bills finance companies to trade bonds denominated in foreign currencies, including offshore yuan bonds in Hong Kong, said two sources close to the central bank on Tuesday. The island's eight bills finance firms will be able to trade Hong Kong's Dim Sum bonds and U.S. dollar ...

GLOBAL MARKETS-Asian stocks hit 6-wk high gold steadies after jump

Reuters - Tuesday 23rd July, 2013

Tue Jul 23, 2013 12:04am EDT * China leads Asian bourses higher, Nikkei up after shaky start * Dollar broadly softer, recently sold currencies bounce back * Gold steadier after big rally on Monday By Ian Chua SYDNEY, July 23 (Reuters) - Asian stocks rose to six-week highs on Tuesday, led by a rally in Chinese shares, while gold took a breather after its biggest one-day gain in more than a ...

Currencies Gold futures rise further into $1300 territory

MarketWatch - Tuesday 23rd July, 2013

LOS ANGELES (MarketWatch) -- Gold futures edged higher in electronic trade Tuesday, adding slightly to the metal's heftiest one-day rally in more than a ...

McDonalds profit rises but leaves Wall Street with hunger pangs

Associated Press - Monday 22nd July, 2013

McDonald's reported second-quarter net income of $1.4 billion, or $1.38 a share. Analysts surveyed by Thomson Reuters had expected $1.40 a share. Above, a McDonald's restaurant in Springfield, ...

Japan Cabinet upgrades economic view stocks rise

Market Watch - Monday 22nd July, 2013

LOS ANGELES (MarketWatch) -- Japanese stocks extended their gains Tuesday after the Cabinet Office upgraded its assessment of the economy, saying the recovery had become self-sustaining. The improved view was the third such upgrade in as many months, with a Reuters translation quoting the report as saying "recent price developments indicate that deflation is easing," thanks to fiscal ...

Hong Kong Shanghai stocks rise ZTE rallies

Market Watch - Monday 22nd July, 2013

HONG KONG (MarketWatch) -- Hong Kong stocks extended gains Tuesday after also rising in five of the last six sessions, aided by a higher finish on Wall Street and hopes Beijing will fine-tune its policies to support China's economic growth. The Hang Seng ...

Death toll rises to 89 in northwest China earthquake

13 WTHR - Monday 22nd July, 2013

Rescuers with shovels and sniffer dogs combed through collapsed hillsides Tuesday as the death toll rose to 89 from a strong earthquake in a farming region of northwest China. Another five people ...

Fitch Upgrades Allegheny County Airport Auths Rev Bonds to A- Outlook Stable

Fitch Ratings - Monday 22nd July, 2013

Latest Fitch 50 Reports for the U.S. and Europe The Fitch 50 and Fitch 50 Europe reports cover credit commentary and debt structure charts for a portfolio of the most important leveraged, high-yield and crossover names in each ...

FIIs return to bonds as yields turn attractive

Times of India - Monday 22nd July, 2013

Indian government bonds at the latest permits auction by Sebi, but paid low premium that indicated their interest may be conditional on higher yields in the next few weeks. Bids from foreign institutional investors (FIIs) fully covered the available permits as they sought to buy 26,000 crore worth of bonds ...

Australia stocks trading at two-month highs

Market Watch - Monday 22nd July, 2013

LOS ANGELES (MarketWatch) -- Stocks in Australia rose in early trade Tuesday, paced by the mining sector following strong gains for most metals prices. The S&P/ASX ...

Source: http://www.kyrgyzstannews.net/index.php/sid/216003153/scat/da4df54c389ee3f7

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Names released in Union County double homicide

Investigators with the Union County Sheriff's Office work the scene of a double homicide at a home in Jonesville on Tuesday.

TIM KIMZEY/tim.kimzey@shj.com

Published: Tuesday, July 23, 2013 at 1:07 p.m.

Last Modified: Tuesday, July 23, 2013 at 1:07 p.m.

The Union County Sheriff's Office has released the names of two people found dead in a Jonesville home Monday night, and the case is now being investigated as a double homicide.

Sheriff David Taylor said Gretchen Dawn Parker, 51, and her husband, Charles Marvin Parker, 59, were found on separate couches in their home at 2809 Furman Fendley Highway.

During a news conference Tuesday afternoon, authorities said Charles Parker was shot in the chest and neck, as well as stabbed multiple times. His wife was shot in the chest and stabbed multiple times in the abdomen and chest.

An autopsy found the gunshot wounds to be the cause of death.

Authorities think the killings occurred sometime on Sunday.

A call from a concerned neighbor led deputies to the discovery of the two bodies about at 8:45 p.m. Monday.

The case is being investigated as a double homicide, Taylor said.

A forensics unit from the State Law Enforcement Division arrived during the night to assist in gathering evidence at the home and was still at the scene Tuesday.

A neighbor went by the home at about 6 p.m. and didn't get an answer at the door. The neighbor went to the home two more times over the next couple of hours, and called 911 about 8 p.m.

The first deputy to arrive found the back door open but was unable to get past seven Chihuahua-type dogs. Every time deputies tried to go near the bodies, the dogs growled and would not let them approach.

?The dogs would not let us get to the bodies at first,? Taylor said Monday night. ?They were protective of the victims. We had to call Animal Control.?

Animal Control seized the dogs, along with about seven puppies.

In total, nine dogs were found at the home, including another dog under a couch on Tuesday morning, Taylor said.

There was no forced entry to the home.

The bodies were taken to Newberry for autopsies. The manner of death has not been determined, Taylor said, as the autopsies were still being conducted early Tuesday afternoon.

Charles Parker was considered a ?shade tree? mechanic and worked on cars at his home.

As of Tuesday afternoon, Taylor said investigators have been unable to determine a motive and had no leads.

?We don't think robbery was a motive,? he said.

Anyone with information about the case may call the Union County Sheriff's Office at 864-429-1611 or CrimeStoppers at 864-427-0800.

Source: http://www.goupstate.com/article/20130723/articles/130729886

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Oil falls on report showing dip in sales of existing homes in US pump prices steady at $3.67

Star Tribune - Monday 22nd July, 2013

Wells Fargo & Co., maker of one out of every three U.S. home mortgages, is laying off 356 people from its home mortgage division across the country as rising interest rates cut into refinance ...

Hells Angel member pleads guilty to lesser charges in Nevada casino shootout

Star Tribune - Monday 22nd July, 2013

RENO, Nev. -- A member of the Hells Angels motorcycle gang has accepted a plea deal just as he and the member of a rival gang were about to go to trial on murder charges stemming from a September 2011 shootout at a Nevada casino. Cesar Villagrana pleaded guilty Monday in Washoe District Court to one count of battery with a deadly weapon and one count of challenge to fight with a deadly weapon. ...

Apples developer site was hacked names emails mailing addresses may have been accessed

Star Tribune - Monday 22nd July, 2013

SAN FRANCISCO -- Apple says that hackers may have gained access to personal information of software developers who make the company's apps. Apple Inc. says its website for software developers was hacked Thursday. It's possible that some developers' names, mailing or e-mail addresses was accessed, although other information was encrypted and can't be accessed. The company ...

Vintana named Best New Restaurant

San Diego Union-Tribune - Monday 22nd July, 2013

ESCONDIDO -; Vintana of Escondido was recently named "Best New Restaurant" by the California Restaurant Association, San Diego County chapter during its 29th annual Gold Medallion Awards Banquet held June 4 at the Town & Country Resort ...

Builders slide following housing data

MarketWatch - Monday 22nd July, 2013

SAN FRANCISCO (MarketWatch) -- Home-builder stocks fell across the board Monday, bucking recent strength after data showed home sales in June ...

Gulf Keystones boardroom capitulation | Nils Pratley

Guardian - Monday 22nd July, 2013

Boardroom capitulations don't come much more complete. A week ago, Gulf Keystone was screaming that 5% shareholder M&G's four nominations as non-executive directors were not up to scratch and that one, Jeremy Asher, had been a "disruptive" presence during a past stint on the board.This week Gulf Keystone says all its misgivings have been resolved and that it won't ...

Nicole Farhi saved from administration

Guardian - Monday 22nd July, 2013

fashion label Nicole Farhi has been saved from administration after being bought by Maxine Hargreaves-Adams, the daughter of Matalan founder John Hargreaves.The sale includes all six stores, nine concessions in the UK and Ireland, and the wholesale and online parts of the business, safeguarding around 140 jobs in the UK. Financial details of the deal were not disclosed.Hargreaves-Adams, who was ...

Earnings Loss Projected for Northrop Grumman

Forbes - Monday 22nd July, 2013

when the company reports its second quarter results on Wednesday, July 24, 2013. Although Northrop Grumman reported profit of $1.79 a year ago, the consensus estimate calls for earnings per share of $1.70. Over the past three months, the consensus estimate has sagged from $1.74. For the fiscal year, analysts are expecting earnings of $7.19 per share. For the year, revenue is projected to come ...

Ford Motor Earnings Projected to Increase

Forbes - Monday 22nd July, 2013

when the company reports its second quarter results on Wednesday, July 24, 2013. The consensus estimate is calling for profit of 37 cents a share, a rise from 30 cents per share a year ago. The consensus estimate is down from three months ago when it was 38 cents, but is unchanged over the past month. For the fiscal year, analysts are expecting earnings of $1.45 per share. Revenue is projected ...

Earnings Loss Projected for Seagate Technology

Forbes - Monday 22nd July, 2013

is expected to report poor fourth quarter earnings on Wednesday, July 24, 2013 with analysts expecting a 51% drop in earnings from a year ago. The consensus estimate is $1.19 per share, down from earnings of $2.41 per share a year ago. The consensus estimate has gone up, from $1.18, over the past three months. Analysts are expecting earnings of $5.27 per share for the fiscal year. For the year, ...

Earnings for EMC Projected to Rise

Forbes - Monday 22nd July, 2013

, expecting it to report earnings that are up 6% from a year ago when it reports its second quarter earnings on Wednesday, July 24, 2013. The consensus estimate is 34 cents per share, up from earnings of 32 cents per share a year ago. The consensus estimate remains unchanged over the past month, but it has decreased from three months ago when it was 35 cents. For the fiscal year, analysts are ...

Earnings Loss Projected for Dr Pepper Snapple

Forbes - Monday 22nd July, 2013

is expected to report poor second quarter earnings on Wednesday, July 24, 2013 with analysts expecting a 1% drop in earnings from a year ago. The consensus estimate is 84 cents per share, down from earnings of 85 cents per share a year ago. Over the past three months, the consensus estimate has sagged from 88 cents. For the fiscal year, analysts are expecting earnings of $3.09 per share. ...

Stericycle Earnings Expected to Rise

Forbes - Monday 22nd July, 2013

when the company reports its second quarter results on Wednesday, July 24, 2013. The consensus estimate is calling for profit of 91 cents a share, a rise from 81 cents per share a year ago. Analysts are expecting earnings of $3.69 per share for the fiscal year. Revenue is expected to be $529 million for the quarter, 13% higher than the year-earlier total of $469 million. Over the last four ...

Earnings Increase Expected for PepsiCo

Forbes - Monday 22nd July, 2013

when the company reports its second quarter results on Wednesday, July 24, 2013. The consensus estimate is calling for profit of $1.19 a share, reflecting a rise from $1.12 per share a year ago. For the fiscal year, analysts are expecting earnings of $4.40 per share. For the past three quarters, the company's reported revenue has been declining. The figure dropped 1% in the fourth quarter ...

Forbes Earnings Preview On Assignment

Forbes - Monday 22nd July, 2013

reports its second quarter earnings on Wednesday, July 24, 2013. Analysts are expecting earnings of 28 cents per share, exactly the same as a year ago. The consensus estimate is up from three months ago when it was 26 cents, but hasn't changed over the past month. Analysts are projecting earnings of $1.10 per share for the fiscal year. Revenue is projected to be 46% above the year-earlier ...

Forbes Earnings Preview ETrade Financial

Forbes - Monday 22nd July, 2013

reports its second quarter earnings on Wednesday, July 24, 2013. Analysts are projecting earnings of 13 cents per share, which is the exact same as a year ago. Over the past three months, the consensus estimate has increased from 12 cents. Analysts are projecting earnings of 51 cents per share for the fiscal year. Analysts project revenue to fall 21% year-over-year to $419 million for the ...

Earnings for Agnico-Eagle Mines Limited Expected to Fall

Forbes - Monday 22nd July, 2013

is expected to report poor second quarter earnings on Wednesday, July 24, 2013 with analysts expecting an 81% drop in earnings from a year ago. The consensus estimate is 7.00 cents per share, down from earnings of 37 cents per share a year ago. Over the past three months, the consensus estimate has sagged from 46 cents. For the fiscal year, analysts are projecting earnings of 80 cents per ...

Forbes Earnings Preview Canon

Forbes - Monday 22nd July, 2013

reports its second quarter earnings on Wednesday, July 24, 2013. Analysts are projecting earnings of $2.50 per share for the fiscal year. Revenue has dropped in the past two quarters. In the first quarter, revenue was 23% lower than the year-ago figure. In the quarter before that, revenue fell 37%. While the company has been profitable for the last eight quarters, income has fallen ...

Some strength in Detroit real estate

CNBC - Monday 22nd July, 2013

Daniel Stern of Lormax Stern Development discusses the improvement in Detroit real estate and the impact of the city's bankruptcy on ...

Investors are moving out of housing

CNBC - Monday 22nd July, 2013

They swarmed the distressed housing market, buying thousands of foreclosed properties and pushing prices higher faster than anyone expected. Now investors are pulling back, dissuaded by the higher prices they themselves brought about. "Perhaps the numbers aren't working out," said Lawrence Yun, chief economist of the National Association of Realtors, which reported that just 15 ...

Why Opt-In Porn Is a Terrible Idea

Business Week - Monday 22nd July, 2013

"I'm not making this speech because I want to moralise or scaremonger, but because I feel profoundly as a politician, and as a father, that the time for action has come. This is, quite simply, about how we protect our children and their innocence." Now, there is no question that children today find it much easier to view pornography than in the pre-Internet era. I can certainly ...

Stocks edge up but mixed earnings home sales weigh

MSNBC - Monday 22nd July, 2013

1 hour ago Stocks edged up on Monday, but a batch of mixed earnings reports and weaker-than-expected existing home sales kept a damper on gains. ...

Source: http://www.shanghainews.net/index.php/sid/215989449/scat/3a8a80d6f705f8cc

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Economy News Headlines - Yahoo! News

http://news.yahoo.com/economy/ Get the latest economy news headlines from Yahoo! News. Find breaking economy news, including analysis and opinion on top economy stories, photos and more.en-USCopyright (c) 2013 Yahoo! Inc. All rights reservedMon, 22 Jul 2013 03:02:11 -04005http://news.yahoo.com/economy/ http://l.yimg.com/a/i/us/nws/th/main_142c.gif<p><a href="http://news.yahoo.com/nikkei-election-win-yen-tempers-rally-070211513.html"><img src="http://l.yimg.com/bt/api/res/1.2/3YmbnMT5tWBgiWku5IURXg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_ZA/News/Reuters/2013-07-22T070211Z_1_AJOE96L0JJQ00_RTROPTP_2_OZABS-MARKETS-GLOBAL-20130722.JPG" width="130" height="86" alt="(Blank Headline Received)" align="left" title="(Blank Headline Received)" border="0" /></a>By Ian Chua SYDNEY (Reuters) - Japanese stocks led Asian markets higher on Monday after Prime Minister Shinzo Abe&#039;s big election win over the weekend, but a rebound in the yen prompted some profit taking that knocked the Nikkei off highs. Most other Asian share markets were modestly higher, although Hong Kong&#039;s Hang Seng and mainland Chinese stocks lost a bit of ground. European shares were seen opening higher. &quot;This week&#039;s economic data and earnings results could set a bullish tone in the markets,&quot; Jonathan Sudaria, a dealer at Capital Spreads in London, wrote in a note. ...</p><br clear="all"/>http://news.yahoo.com/nikkei-election-win-yen-tempers-rally-070211513.htmlMon, 22 Jul 2013 03:02:11 -0400Reutersnikkei-election-win-yen-tempers-rally-070211513<p><a href="http://news.yahoo.com/nikkei-election-win-yen-tempers-rally-070211513.html"><img src="http://l.yimg.com/bt/api/res/1.2/3YmbnMT5tWBgiWku5IURXg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_ZA/News/Reuters/2013-07-22T070211Z_1_AJOE96L0JJQ00_RTROPTP_2_OZABS-MARKETS-GLOBAL-20130722.JPG" width="130" height="86" alt="(Blank Headline Received)" align="left" title="(Blank Headline Received)" border="0" /></a>By Ian Chua SYDNEY (Reuters) - Japanese stocks led Asian markets higher on Monday after Prime Minister Shinzo Abe&#039;s big election win over the weekend, but a rebound in the yen prompted some profit taking that knocked the Nikkei off highs. Most other Asian share markets were modestly higher, although Hong Kong&#039;s Hang Seng and mainland Chinese stocks lost a bit of ground. European shares were seen opening higher. &quot;This week&#039;s economic data and earnings results could set a bullish tone in the markets,&quot; Jonathan Sudaria, a dealer at Capital Spreads in London, wrote in a note. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/asian-stocks-mostly-gain-japan-election-053157800.html"><img src="http://l1.yimg.com/bt/api/res/1.2/ltfZty6TbmGvPfxdQP4ERQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/4dce2df964c03618380f6a706700501a.jpg" width="130" height="86" alt="Japanese Prime Minister Shinzo Abe listens to a reporter&#039;s question in front of red rosettes on the names of his Liberal Democratic Party&#039;s winning candidates during ballot counting for the upper house elections at the party headquarters in Tokyo Sunday, July 21, 2013. Abe&#039;s ruling coalition won a majority in the upper house of Parliament in elections, media projected, giving it control of both chambers and a mandate to press ahead with difficult economic reforms. A sign at left reads: &quot;Liberal Democratic Party.&quot; (AP Photo/Shizuo Kambayashi)" align="left" title="Japanese Prime Minister Shinzo Abe listens to a reporter&#039;s question in front of red rosettes on the names of his Liberal Democratic Party&#039;s winning candidates during ballot counting for the upper house elections at the party headquarters in Tokyo Sunday, July 21, 2013. Abe&#039;s ruling coalition won a majority in the upper house of Parliament in elections, media projected, giving it control of both chambers and a mandate to press ahead with difficult economic reforms. A sign at left reads: &quot;Liberal Democratic Party.&quot; (AP Photo/Shizuo Kambayashi)" border="0" /></a>BEIJING (AP) ? Chinese stocks fell but other Asian markets edged up Monday after Japan&#039;s ruling party won a majority in parliament&#039;s upper house and a mandate to push ahead economic reforms.</p><br clear="all"/>http://news.yahoo.com/asian-stocks-mostly-gain-japan-election-053157800.htmlMon, 22 Jul 2013 01:37:42 -0400Associated Pressasian-stocks-mostly-gain-japan-election-053157800<p><a href="http://news.yahoo.com/asian-stocks-mostly-gain-japan-election-053157800.html"><img src="http://l1.yimg.com/bt/api/res/1.2/ltfZty6TbmGvPfxdQP4ERQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/4dce2df964c03618380f6a706700501a.jpg" width="130" height="86" alt="Japanese Prime Minister Shinzo Abe listens to a reporter&#039;s question in front of red rosettes on the names of his Liberal Democratic Party&#039;s winning candidates during ballot counting for the upper house elections at the party headquarters in Tokyo Sunday, July 21, 2013. Abe&#039;s ruling coalition won a majority in the upper house of Parliament in elections, media projected, giving it control of both chambers and a mandate to press ahead with difficult economic reforms. A sign at left reads: &quot;Liberal Democratic Party.&quot; (AP Photo/Shizuo Kambayashi)" align="left" title="Japanese Prime Minister Shinzo Abe listens to a reporter&#039;s question in front of red rosettes on the names of his Liberal Democratic Party&#039;s winning candidates during ballot counting for the upper house elections at the party headquarters in Tokyo Sunday, July 21, 2013. Abe&#039;s ruling coalition won a majority in the upper house of Parliament in elections, media projected, giving it control of both chambers and a mandate to press ahead with difficult economic reforms. A sign at left reads: &quot;Liberal Democratic Party.&quot; (AP Photo/Shizuo Kambayashi)" border="0" /></a>BEIJING (AP) ? Chinese stocks fell but other Asian markets edged up Monday after Japan&#039;s ruling party won a majority in parliament&#039;s upper house and a mandate to push ahead economic reforms.</p><br clear="all"/><p><a href="http://news.yahoo.com/japan-pm-abe-lose-public-confidence-retreat-reform-051707664.html"><img src="http://l1.yimg.com/bt/api/res/1.2/4Wn2SnleUrUHQDeHS6w82Q--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-22T051707Z_1_CBRE96L0EP000_RTROPTP_2_US-JAPAN-ELECTION-ABE.JPG" width="130" height="86" alt="REUTERS/Toru Hanai" align="left" title="REUTERS/Toru Hanai" border="0" /></a>TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe said on Monday that his government would lose public confidence if it retreated from reform. Abe&#039;s comment comes after his ruling Liberal Democratic Party and its junior coalition partner won a decisive election victory on Sunday, cementing his grip on power but raising the possibility that he could lose interest in difficult economic reforms and shift focus to his nationalist agenda instead. (Reporting by Antoni Slodkowski; Editing by Edmund Klamann)</p><br clear="all"/>http://news.yahoo.com/japan-pm-abe-lose-public-confidence-retreat-reform-051707664.htmlMon, 22 Jul 2013 01:17:07 -0400Reutersjapan-pm-abe-lose-public-confidence-retreat-reform-051707664<p><a href="http://news.yahoo.com/japan-pm-abe-lose-public-confidence-retreat-reform-051707664.html"><img src="http://l1.yimg.com/bt/api/res/1.2/4Wn2SnleUrUHQDeHS6w82Q--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-22T051707Z_1_CBRE96L0EP000_RTROPTP_2_US-JAPAN-ELECTION-ABE.JPG" width="130" height="86" alt="REUTERS/Toru Hanai" align="left" title="REUTERS/Toru Hanai" border="0" /></a>TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe said on Monday that his government would lose public confidence if it retreated from reform. Abe&#039;s comment comes after his ruling Liberal Democratic Party and its junior coalition partner won a decisive election victory on Sunday, cementing his grip on power but raising the possibility that he could lose interest in difficult economic reforms and shift focus to his nationalist agenda instead. (Reporting by Antoni Slodkowski; Editing by Edmund Klamann)</p><br clear="all"/><p><a href="http://news.yahoo.com/survey-brighter-us-economic-outlook-boosts-hiring-045041796.html"><img src="http://l3.yimg.com/bt/api/res/1.2/rLkSQnN.oCg_DtDBfw6GaQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/dc1a202c81924418380f6a706700f477.jpg" width="130" height="86" alt="FILE - In this May 30, 2013, file photo, job seekers line up to register to attend a job fair in Atlanta. Companies are increasingly confident the economy will grow at a modest pace over the next year and are hiring more, according to a survey of business economists. Nearly one-third of the economists surveyed by the National Association for Business Economics said their companies added jobs in the April-June quarter, according to a report released Monday, Juiy 22, 2013. That&#039;s the highest percentage in nearly two years. (AP Photo/John Amis, File)" align="left" title="FILE - In this May 30, 2013, file photo, job seekers line up to register to attend a job fair in Atlanta. Companies are increasingly confident the economy will grow at a modest pace over the next year and are hiring more, according to a survey of business economists. Nearly one-third of the economists surveyed by the National Association for Business Economics said their companies added jobs in the April-June quarter, according to a report released Monday, Juiy 22, 2013. That&#039;s the highest percentage in nearly two years. (AP Photo/John Amis, File)" border="0" /></a>WASHINGTON (AP) ? Companies are increasingly confident the economy will grow at a modest pace over the next year and are hiring more, according to a survey of business economists.</p><br clear="all"/>http://news.yahoo.com/survey-brighter-us-economic-outlook-boosts-hiring-045041796.htmlMon, 22 Jul 2013 01:06:23 -0400Associated Presssurvey-brighter-us-economic-outlook-boosts-hiring-045041796<p><a href="http://news.yahoo.com/survey-brighter-us-economic-outlook-boosts-hiring-045041796.html"><img src="http://l3.yimg.com/bt/api/res/1.2/rLkSQnN.oCg_DtDBfw6GaQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/dc1a202c81924418380f6a706700f477.jpg" width="130" height="86" alt="FILE - In this May 30, 2013, file photo, job seekers line up to register to attend a job fair in Atlanta. Companies are increasingly confident the economy will grow at a modest pace over the next year and are hiring more, according to a survey of business economists. Nearly one-third of the economists surveyed by the National Association for Business Economics said their companies added jobs in the April-June quarter, according to a report released Monday, Juiy 22, 2013. That&#039;s the highest percentage in nearly two years. (AP Photo/John Amis, File)" align="left" title="FILE - In this May 30, 2013, file photo, job seekers line up to register to attend a job fair in Atlanta. Companies are increasingly confident the economy will grow at a modest pace over the next year and are hiring more, according to a survey of business economists. Nearly one-third of the economists surveyed by the National Association for Business Economics said their companies added jobs in the April-June quarter, according to a report released Monday, Juiy 22, 2013. That&#039;s the highest percentage in nearly two years. (AP Photo/John Amis, File)" border="0" /></a>WASHINGTON (AP) ? Companies are increasingly confident the economy will grow at a modest pace over the next year and are hiring more, according to a survey of business economists.</p><br clear="all"/><p><a href="http://news.yahoo.com/sato-says-boj-act-needed-wary-china-slowdown-034955040.html"><img src="http://l2.yimg.com/bt/api/res/1.2/Qhf4ze87efN4HMWBSHVQ4g--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-22T034955Z_2_CBRE96L07NY00_RTROPTP_2_US-JAPAN-ECONOMY-BOJ.JPG" width="130" height="86" alt="Bank of Japan board member Takehiro Sato speaks during an interview with Reuters at the central bank in Tokyo September 26, 2012." align="left" title="Bank of Japan board member Takehiro Sato speaks during an interview with Reuters at the central bank in Tokyo September 26, 2012." border="0" /></a>By Leika Kihara FUKUSHIMA, Japan (Reuters) - The Bank of Japan is prepared to inject more stimulus if the economy&#039;s recovery is threatened, board member Takehiro Sato said on Monday as he pointed to risks such as the slowdown in Chinese growth. He also said the central bank&#039;s 2 percent inflation target was a flexible one that does not necessarily have to be achieved rigidly in two years -- a timeframe that had been outlined by BOJ Governor Haruhiko Kuroda. ...</p><br clear="all"/>http://news.yahoo.com/sato-says-boj-act-needed-wary-china-slowdown-034955040.htmlSun, 21 Jul 2013 23:49:55 -0400Reuterssato-says-boj-act-needed-wary-china-slowdown-034955040<p><a href="http://news.yahoo.com/sato-says-boj-act-needed-wary-china-slowdown-034955040.html"><img src="http://l2.yimg.com/bt/api/res/1.2/Qhf4ze87efN4HMWBSHVQ4g--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-22T034955Z_2_CBRE96L07NY00_RTROPTP_2_US-JAPAN-ECONOMY-BOJ.JPG" width="130" height="86" alt="Bank of Japan board member Takehiro Sato speaks during an interview with Reuters at the central bank in Tokyo September 26, 2012." align="left" title="Bank of Japan board member Takehiro Sato speaks during an interview with Reuters at the central bank in Tokyo September 26, 2012." border="0" /></a>By Leika Kihara FUKUSHIMA, Japan (Reuters) - The Bank of Japan is prepared to inject more stimulus if the economy&#039;s recovery is threatened, board member Takehiro Sato said on Monday as he pointed to risks such as the slowdown in Chinese growth. He also said the central bank&#039;s 2 percent inflation target was a flexible one that does not necessarily have to be achieved rigidly in two years -- a timeframe that had been outlined by BOJ Governor Haruhiko Kuroda. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/japans-ruling-bloc-wins-upper-house-elections-153140123.html"><img src="http://l3.yimg.com/bt/api/res/1.2/lzTAn.lJiu8fGR30vaSEpQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/f0a0fe6564be3618380f6a7067006b3b.jpg" width="130" height="86" alt="Japanese Prime Minister Shinzo Abe, right, exchanges smiles with Secretary General Shigeru Ishiba of the ruling Liberal Democratic Party during ballot counting for the upper house elections at the party headquarters in Tokyo Sunday, July 21, 2013. Japanese broadcasters projected that Abe&#039;s ruling coalition won a majority of seats in the upper house of parliament in elections, giving it control of both chambers for the first time in six years. (AP Photo/Shizuo Kambayashi)" align="left" title="Japanese Prime Minister Shinzo Abe, right, exchanges smiles with Secretary General Shigeru Ishiba of the ruling Liberal Democratic Party during ballot counting for the upper house elections at the party headquarters in Tokyo Sunday, July 21, 2013. Japanese broadcasters projected that Abe&#039;s ruling coalition won a majority of seats in the upper house of parliament in elections, giving it control of both chambers for the first time in six years. (AP Photo/Shizuo Kambayashi)" border="0" /></a>TOKYO (AP) ? Japanese Prime Minister Shinzo Abe&#039;s ruling coalition won a solid majority in the upper house of parliament in elections, gaining control of both chambers and a mandate to press ahead with difficult economic reforms.</p><br clear="all"/>http://news.yahoo.com/japans-ruling-bloc-wins-upper-house-elections-153140123.htmlSun, 21 Jul 2013 23:35:09 -0400Associated Pressjapans-ruling-bloc-wins-upper-house-elections-153140123<p><a href="http://news.yahoo.com/japans-ruling-bloc-wins-upper-house-elections-153140123.html"><img src="http://l3.yimg.com/bt/api/res/1.2/lzTAn.lJiu8fGR30vaSEpQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/f0a0fe6564be3618380f6a7067006b3b.jpg" width="130" height="86" alt="Japanese Prime Minister Shinzo Abe, right, exchanges smiles with Secretary General Shigeru Ishiba of the ruling Liberal Democratic Party during ballot counting for the upper house elections at the party headquarters in Tokyo Sunday, July 21, 2013. Japanese broadcasters projected that Abe&#039;s ruling coalition won a majority of seats in the upper house of parliament in elections, giving it control of both chambers for the first time in six years. (AP Photo/Shizuo Kambayashi)" align="left" title="Japanese Prime Minister Shinzo Abe, right, exchanges smiles with Secretary General Shigeru Ishiba of the ruling Liberal Democratic Party during ballot counting for the upper house elections at the party headquarters in Tokyo Sunday, July 21, 2013. Japanese broadcasters projected that Abe&#039;s ruling coalition won a majority of seats in the upper house of parliament in elections, giving it control of both chambers for the first time in six years. (AP Photo/Shizuo Kambayashi)" border="0" /></a>TOKYO (AP) ? Japanese Prime Minister Shinzo Abe&#039;s ruling coalition won a solid majority in the upper house of parliament in elections, gaining control of both chambers and a mandate to press ahead with difficult economic reforms.</p><br clear="all"/><p><a href="http://news.yahoo.com/asian-stocks-mixed-japan-election-032558210.html"><img src="http://l1.yimg.com/bt/api/res/1.2/ltfZty6TbmGvPfxdQP4ERQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/4dce2df964c03618380f6a706700501a.jpg" width="130" height="86" alt="Japanese Prime Minister Shinzo Abe listens to a reporter&#039;s question in front of red rosettes on the names of his Liberal Democratic Party&#039;s winning candidates during ballot counting for the upper house elections at the party headquarters in Tokyo Sunday, July 21, 2013. Abe&#039;s ruling coalition won a majority in the upper house of Parliament in elections, media projected, giving it control of both chambers and a mandate to press ahead with difficult economic reforms. A sign at left reads: &quot;Liberal Democratic Party.&quot; (AP Photo/Shizuo Kambayashi)" align="left" title="Japanese Prime Minister Shinzo Abe listens to a reporter&#039;s question in front of red rosettes on the names of his Liberal Democratic Party&#039;s winning candidates during ballot counting for the upper house elections at the party headquarters in Tokyo Sunday, July 21, 2013. Abe&#039;s ruling coalition won a majority in the upper house of Parliament in elections, media projected, giving it control of both chambers and a mandate to press ahead with difficult economic reforms. A sign at left reads: &quot;Liberal Democratic Party.&quot; (AP Photo/Shizuo Kambayashi)" border="0" /></a>BEIJING (AP) ? Chinese stocks fell but other Asian markets edged up Monday after Japan&#039;s ruling party won a majority in parliament&#039;s upper house and a mandate to push ahead economic reforms.</p><br clear="all"/>http://news.yahoo.com/asian-stocks-mixed-japan-election-032558210.htmlSun, 21 Jul 2013 23:25:58 -0400Associated Pressasian-stocks-mixed-japan-election-032558210<p><a href="http://news.yahoo.com/asian-stocks-mixed-japan-election-032558210.html"><img src="http://l1.yimg.com/bt/api/res/1.2/ltfZty6TbmGvPfxdQP4ERQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/4dce2df964c03618380f6a706700501a.jpg" width="130" height="86" alt="Japanese Prime Minister Shinzo Abe listens to a reporter&#039;s question in front of red rosettes on the names of his Liberal Democratic Party&#039;s winning candidates during ballot counting for the upper house elections at the party headquarters in Tokyo Sunday, July 21, 2013. Abe&#039;s ruling coalition won a majority in the upper house of Parliament in elections, media projected, giving it control of both chambers and a mandate to press ahead with difficult economic reforms. A sign at left reads: &quot;Liberal Democratic Party.&quot; (AP Photo/Shizuo Kambayashi)" align="left" title="Japanese Prime Minister Shinzo Abe listens to a reporter&#039;s question in front of red rosettes on the names of his Liberal Democratic Party&#039;s winning candidates during ballot counting for the upper house elections at the party headquarters in Tokyo Sunday, July 21, 2013. Abe&#039;s ruling coalition won a majority in the upper house of Parliament in elections, media projected, giving it control of both chambers and a mandate to press ahead with difficult economic reforms. A sign at left reads: &quot;Liberal Democratic Party.&quot; (AP Photo/Shizuo Kambayashi)" border="0" /></a>BEIJING (AP) ? Chinese stocks fell but other Asian markets edged up Monday after Japan&#039;s ruling party won a majority in parliament&#039;s upper house and a mandate to push ahead economic reforms.</p><br clear="all"/><p><a href="http://news.yahoo.com/obama-begin-series-economic-addresses-000143541.html"><img src="http://l3.yimg.com/bt/api/res/1.2/Jw0K07uUK4Z_G6fquesA1A--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/a9bca46880a64018380f6a706700a3ce.jpg" width="130" height="86" alt="FILE - This July 19, 2013 file photo shows President Barack Obama speaking to reporters in the Brady Press Briefing room of the White House in Washington. Drawing renewed attention to the economy, Obama will return this week to an Illinois college where he once spelled out a vision for an expanded and strengthened middle class as a freshman U.S. senator, long before the Great Recession would test his presidency. (AP Photo/Manuel Balce Ceneta, file)" align="left" title="FILE - This July 19, 2013 file photo shows President Barack Obama speaking to reporters in the Brady Press Briefing room of the White House in Washington. Drawing renewed attention to the economy, Obama will return this week to an Illinois college where he once spelled out a vision for an expanded and strengthened middle class as a freshman U.S. senator, long before the Great Recession would test his presidency. (AP Photo/Manuel Balce Ceneta, file)" border="0" /></a>WASHINGTON (AP) ? Drawing renewed attention to the economy, President Barack Obama will return this week to an Illinois college where he once spelled out a vision for an expanded and strengthened middle class as a freshman U.S. senator, long before the Great Recession would test his presidency.</p><br clear="all"/>http://news.yahoo.com/obama-begin-series-economic-addresses-000143541.htmlSun, 21 Jul 2013 20:55:14 -0400Associated Pressobama-begin-series-economic-addresses-000143541<p><a href="http://news.yahoo.com/obama-begin-series-economic-addresses-000143541.html"><img src="http://l3.yimg.com/bt/api/res/1.2/Jw0K07uUK4Z_G6fquesA1A--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/a9bca46880a64018380f6a706700a3ce.jpg" width="130" height="86" alt="FILE - This July 19, 2013 file photo shows President Barack Obama speaking to reporters in the Brady Press Briefing room of the White House in Washington. Drawing renewed attention to the economy, Obama will return this week to an Illinois college where he once spelled out a vision for an expanded and strengthened middle class as a freshman U.S. senator, long before the Great Recession would test his presidency. (AP Photo/Manuel Balce Ceneta, file)" align="left" title="FILE - This July 19, 2013 file photo shows President Barack Obama speaking to reporters in the Brady Press Briefing room of the White House in Washington. Drawing renewed attention to the economy, Obama will return this week to an Illinois college where he once spelled out a vision for an expanded and strengthened middle class as a freshman U.S. senator, long before the Great Recession would test his presidency. (AP Photo/Manuel Balce Ceneta, file)" border="0" /></a>WASHINGTON (AP) ? Drawing renewed attention to the economy, President Barack Obama will return this week to an Illinois college where he once spelled out a vision for an expanded and strengthened middle class as a freshman U.S. senator, long before the Great Recession would test his presidency.</p><br clear="all"/><p><a href="http://news.yahoo.com/japans-abe-chance-show-true-colors-big-election-003547056.html"><img src="http://l.yimg.com/bt/api/res/1.2/DkDQotPFt3f1hKJRaUYtLg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-21T211547Z_1_CBRE96K184A00_RTROPTP_2_JAPAN-ELECTION.JPG" width="130" height="86" alt="Japan&#039;s PMAbe, and the leader of the ruling LDP, smiles as he puts a rosette on a name of a candidate, who is expected to win, at the party headquarters in Tokyo" align="left" title="Japan&#039;s PMAbe, and the leader of the ruling LDP, smiles as he puts a rosette on a name of a candidate, who is expected to win, at the party headquarters in Tokyo" border="0" /></a>By Linda Sieg TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe&#039;s ruling coalition scored a decisive victory in an election on Sunday - so big that there are suspicions he will lose interest in difficult economic reforms and pursue his nationalist agenda instead. The victory in the vote for parliament&#039;s upper house gives Abe a stronger mandate for his prescription for reviving the stagnant economy. Coincidentally, it could also give lawmakers in his own party, some of whom have little appetite for painful but vital reforms, more clout to resist change. ...</p><br clear="all"/>http://news.yahoo.com/japans-abe-chance-show-true-colors-big-election-003547056.htmlSun, 21 Jul 2013 20:35:47 -0400Reutersjapans-abe-chance-show-true-colors-big-election-003547056<p><a href="http://news.yahoo.com/japans-abe-chance-show-true-colors-big-election-003547056.html"><img src="http://l.yimg.com/bt/api/res/1.2/DkDQotPFt3f1hKJRaUYtLg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-21T211547Z_1_CBRE96K184A00_RTROPTP_2_JAPAN-ELECTION.JPG" width="130" height="86" alt="Japan&#039;s PMAbe, and the leader of the ruling LDP, smiles as he puts a rosette on a name of a candidate, who is expected to win, at the party headquarters in Tokyo" align="left" title="Japan&#039;s PMAbe, and the leader of the ruling LDP, smiles as he puts a rosette on a name of a candidate, who is expected to win, at the party headquarters in Tokyo" border="0" /></a>By Linda Sieg TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe&#039;s ruling coalition scored a decisive victory in an election on Sunday - so big that there are suspicions he will lose interest in difficult economic reforms and pursue his nationalist agenda instead. The victory in the vote for parliament&#039;s upper house gives Abe a stronger mandate for his prescription for reviving the stagnant economy. Coincidentally, it could also give lawmakers in his own party, some of whom have little appetite for painful but vital reforms, more clout to resist change. ...</p><br clear="all"/>LONDON (Reuters) - A properly run financial services industry would generate a quarter of a million new British jobs by 2020, oiling the wheels of sectors such as manufacturing and retail, a new report says. Research published on Monday by PricewaterhouseCoopers (PwC) suggests that robust regulation and benign economic conditions that help the embattled financial sector to recover would also spur 2-3 percent growth in the economy by the end of the decade. An alternative scenario, in which the financial services sector continues to languish, would bring an unimpressive 0. ...http://news.yahoo.com/financial-services-recovery-drive-uk-economy-jobs-pwc-230522684.htmlSun, 21 Jul 2013 19:04:30 -0400Reutersfinancial-services-recovery-drive-uk-economy-jobs-pwc-230522684<p><a href="http://news.yahoo.com/chinas-rate-reform-points-eventual-banking-shake-215700350.html"><img src="http://l3.yimg.com/bt/api/res/1.2/10isEQkpxos4J8aL2nOGdA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-21T215700Z_1_CBRE96K1OZ900_RTROPTP_2_CHINA-SHADOW.JPG" width="130" height="86" alt="A businessman looks at his mobile phone as he walks in the financial area of Pudong in Shanghai" align="left" title="A businessman looks at his mobile phone as he walks in the financial area of Pudong in Shanghai" border="0" /></a>By Pete Sweeney and Gabriel Wildau SHANGHAI (Reuters) - Beijing&#039;s move to scrap the floor on lending rates is not yet a game-changer for Chinese banks, but it may have just started the countdown to an eventual industry overhaul which will deprive the banks of virtually risk-free profits. Any liberalization is seen as positive for China&#039;s financial sector and the world&#039;s second-largest economy. But many Chinese investors fear the nation&#039;s banks, which for years have made easy profits from state-mandated spreads between borrowing and lending rates, will struggle to benefit from more competition. ...</p><br clear="all"/>http://news.yahoo.com/chinas-rate-reform-points-eventual-banking-shake-215700350.htmlSun, 21 Jul 2013 17:57:00 -0400Reuterschinas-rate-reform-points-eventual-banking-shake-215700350<p><a href="http://news.yahoo.com/chinas-rate-reform-points-eventual-banking-shake-215700350.html"><img src="http://l3.yimg.com/bt/api/res/1.2/10isEQkpxos4J8aL2nOGdA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-21T215700Z_1_CBRE96K1OZ900_RTROPTP_2_CHINA-SHADOW.JPG" width="130" height="86" alt="A businessman looks at his mobile phone as he walks in the financial area of Pudong in Shanghai" align="left" title="A businessman looks at his mobile phone as he walks in the financial area of Pudong in Shanghai" border="0" /></a>By Pete Sweeney and Gabriel Wildau SHANGHAI (Reuters) - Beijing&#039;s move to scrap the floor on lending rates is not yet a game-changer for Chinese banks, but it may have just started the countdown to an eventual industry overhaul which will deprive the banks of virtually risk-free profits. Any liberalization is seen as positive for China&#039;s financial sector and the world&#039;s second-largest economy. But many Chinese investors fear the nation&#039;s banks, which for years have made easy profits from state-mandated spreads between borrowing and lending rates, will struggle to benefit from more competition. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/china-disconnect-analysts-lose-plot-financial-stocks-214527694.html"><img src="http://l3.yimg.com/bt/api/res/1.2/Aszd4F2nsDR2G5TxDXBFXQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-21T214527Z_1_CBRE96K1OFW00_RTROPTP_2_CHINA-ANALYSTS.JPG" width="130" height="86" alt="File photo of a man riding an escalator at the Pudong financial district in Shanghai" align="left" title="File photo of a man riding an escalator at the Pudong financial district in Shanghai" border="0" /></a>By Nishant Kumar HONG KONG (Reuters) - Seventy percent of analysts covering Chinese financial stocks rate them a buy, the highest among the world&#039;s top 10 markets for such shares. Yet its financials are the worst performing this year in the group, Thomson Reuters StarMine data shows. That disconnect has been on display in recent weeks, with Chinese financial stocks getting hammered on fears about a credit crunch and the country&#039;s slowing economy. While the majority of analysts remain positive, mutual funds have dumped shares and short sellers have moved in. ...</p><br clear="all"/>http://news.yahoo.com/china-disconnect-analysts-lose-plot-financial-stocks-214527694.htmlSun, 21 Jul 2013 17:45:27 -0400Reuterschina-disconnect-analysts-lose-plot-financial-stocks-214527694<p><a href="http://news.yahoo.com/china-disconnect-analysts-lose-plot-financial-stocks-214527694.html"><img src="http://l3.yimg.com/bt/api/res/1.2/Aszd4F2nsDR2G5TxDXBFXQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-21T214527Z_1_CBRE96K1OFW00_RTROPTP_2_CHINA-ANALYSTS.JPG" width="130" height="86" alt="File photo of a man riding an escalator at the Pudong financial district in Shanghai" align="left" title="File photo of a man riding an escalator at the Pudong financial district in Shanghai" border="0" /></a>By Nishant Kumar HONG KONG (Reuters) - Seventy percent of analysts covering Chinese financial stocks rate them a buy, the highest among the world&#039;s top 10 markets for such shares. Yet its financials are the worst performing this year in the group, Thomson Reuters StarMine data shows. That disconnect has been on display in recent weeks, with Chinese financial stocks getting hammered on fears about a credit crunch and the country&#039;s slowing economy. While the majority of analysts remain positive, mutual funds have dumped shares and short sellers have moved in. ...</p><br clear="all"/>TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe cemented his hold on power in an election on Sunday, ending six years of parliamentary deadlock with a big win in the upper house. Here are some key issues and dates to watch, to see whether Abe is using his mandate to keep campaign promises for economic reform. - SALES TAX: Abe's government says it will use April-June GDP data, due August 12, to help judge whether to proceed next April with the planned first phase of doubling the consumption tax to 10 percent over two years. ...http://news.yahoo.com/factbox-japan-pm-abe-scorecard-watch-election-023711101.htmlSun, 21 Jul 2013 17:15:47 -0400Reutersfactbox-japan-pm-abe-scorecard-watch-election-023711101<p><a href="http://news.yahoo.com/autos-troubles-race-root-detroit-collapse-155001770.html"><img src="http://l3.yimg.com/bt/api/res/1.2/IaWo14C3CCmn1c_YNdRBaA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/325ee2c727a10918380f6a706700e50b.jpg" width="130" height="86" alt="The sun sets on Detroit, Thursday, July 18, 2013. State-appointed emergency manager Kevyn Orr asked a federal judge for permission to place Detroit into Chapter 9 bankruptcy protection Thursday. (AP Photo/Paul Sancya)" align="left" title="The sun sets on Detroit, Thursday, July 18, 2013. State-appointed emergency manager Kevyn Orr asked a federal judge for permission to place Detroit into Chapter 9 bankruptcy protection Thursday. (AP Photo/Paul Sancya)" border="0" /></a>Blue-collar workers poured into the cavernous auto plants of Detroit for generations, confident that a sturdy back and strong work ethic would bring them a house, a car and economic security. It was a place where the American dream came true.</p><br clear="all"/>http://news.yahoo.com/autos-troubles-race-root-detroit-collapse-155001770.htmlSun, 21 Jul 2013 17:01:12 -0400Associated Pressautos-troubles-race-root-detroit-collapse-155001770<p><a href="http://news.yahoo.com/autos-troubles-race-root-detroit-collapse-155001770.html"><img src="http://l3.yimg.com/bt/api/res/1.2/IaWo14C3CCmn1c_YNdRBaA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/325ee2c727a10918380f6a706700e50b.jpg" width="130" height="86" alt="The sun sets on Detroit, Thursday, July 18, 2013. State-appointed emergency manager Kevyn Orr asked a federal judge for permission to place Detroit into Chapter 9 bankruptcy protection Thursday. (AP Photo/Paul Sancya)" align="left" title="The sun sets on Detroit, Thursday, July 18, 2013. State-appointed emergency manager Kevyn Orr asked a federal judge for permission to place Detroit into Chapter 9 bankruptcy protection Thursday. (AP Photo/Paul Sancya)" border="0" /></a>Blue-collar workers poured into the cavernous auto plants of Detroit for generations, confident that a sturdy back and strong work ethic would bring them a house, a car and economic security. It was a place where the American dream came true.</p><br clear="all"/>Looking to retake the initiative on Americans? number one concern, President Barack Obama this week will deliver three speeches on the economy.http://news.yahoo.com/obama-to-press-congress-to-act-on-economy--205050902.htmlSun, 21 Jul 2013 16:50:50 -0400obama-to-press-congress-to-act-on-economy--205050902<p><a href="http://news.yahoo.com/europe-still-sleeping-even-japan-britain-stir-195153972.html"><img src="http://l1.yimg.com/bt/api/res/1.2/sULwOAluFh3pl4aCPu0dgg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-21T195153Z_2_CBRE96K1J0Z00_RTROPTP_2_ECB-DRAGHI.JPG" width="130" height="86" alt="European Central Bank President Mario Draghi takes part in the European Parliament&#039;s Economic and Monetary Affairs Committee in Brussels" align="left" title="European Central Bank President Mario Draghi takes part in the European Parliament&#039;s Economic and Monetary Affairs Committee in Brussels" border="0" /></a>By Alan Wheatley LONDON (Reuters) - Another month, another listless set of business surveys is likely to show this week just how much the euro zone economy still has to do to get over its debilitating debt and banking crisis. An index based on a poll of purchasing managers across the 17-country bloc probably edged up to 49.1 in July from 48.7 in June, but remained below the watershed of 50 that would signal a resumption of growth, according to economists polled by Reuters. ...</p><br clear="all"/>http://news.yahoo.com/europe-still-sleeping-even-japan-britain-stir-195153972.htmlSun, 21 Jul 2013 15:51:53 -0400Reuterseurope-still-sleeping-even-japan-britain-stir-195153972<p><a href="http://news.yahoo.com/europe-still-sleeping-even-japan-britain-stir-195153972.html"><img src="http://l1.yimg.com/bt/api/res/1.2/sULwOAluFh3pl4aCPu0dgg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-21T195153Z_2_CBRE96K1J0Z00_RTROPTP_2_ECB-DRAGHI.JPG" width="130" height="86" alt="European Central Bank President Mario Draghi takes part in the European Parliament&#039;s Economic and Monetary Affairs Committee in Brussels" align="left" title="European Central Bank President Mario Draghi takes part in the European Parliament&#039;s Economic and Monetary Affairs Committee in Brussels" border="0" /></a>By Alan Wheatley LONDON (Reuters) - Another month, another listless set of business surveys is likely to show this week just how much the euro zone economy still has to do to get over its debilitating debt and banking crisis. An index based on a poll of purchasing managers across the 17-country bloc probably edged up to 49.1 in July from 48.7 in June, but remained below the watershed of 50 that would signal a resumption of growth, according to economists polled by Reuters. ...</p><br clear="all"/>CAIRO (Reuters) - Egyptian treasury bill yields tumbled at an auction on Sunday on hopes that the transitional cabinet, armed with billions of Gulf Arab dollars, will shore up the economy and restore political stability. The cabinet, appointed last week, said in a statement after a meeting on Sunday that "the people need to be informed candidly about the size of Egypt's problems, which require quick and decisive action". Egypt received $2 billion in aid from Saudi Arabia on Sunday and $3 billion from the United Arab Emirates on Thursday. "You've got the cabinet now in place ... ...http://news.yahoo.com/yields-egypt-t-bills-fall-gulf-aid-cabinet-154138504.htmlSun, 21 Jul 2013 11:41:38 -0400Reutersyields-egypt-t-bills-fall-gulf-aid-cabinet-154138504<p><a href="http://news.yahoo.com/us-treasury-secretary-lew-greece-talks-103046575.html"><img src="http://l2.yimg.com/bt/api/res/1.2/opykQxMWOZIpJpm1BXuvFw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/9dd58287647a3518380f6a70670082bf.jpg" width="130" height="86" alt="U.S. Treasury Secretary Jack Lew, left, shakes hands with Greece&#039;s Finance Minister Yannis Stournaras at the ministry in Athens, Sunday, July 21, 2013. U.S. Treasury Secretary Jack Lew has arrived in Athens to discuss Greece&#039;s efforts to overcome a deep debt crisis. Samaras is due to visit the United States in early August, where he will meet U.S. President Barack Obama. (AP Photo/John Kolesidis, Pool)" align="left" title="U.S. Treasury Secretary Jack Lew, left, shakes hands with Greece&#039;s Finance Minister Yannis Stournaras at the ministry in Athens, Sunday, July 21, 2013. U.S. Treasury Secretary Jack Lew has arrived in Athens to discuss Greece&#039;s efforts to overcome a deep debt crisis. Samaras is due to visit the United States in early August, where he will meet U.S. President Barack Obama. (AP Photo/John Kolesidis, Pool)" border="0" /></a>ATHENS, Greece (AP) ? U.S. Treasury Secretary Jack Lew urged Greece on Sunday to continue its efforts to stabilize its debt-ridden economy and capitalize on the sacrifices already made &quot;to ensure prosperity and growth for generations to come.&quot;</p><br clear="all"/>http://news.yahoo.com/us-treasury-secretary-lew-greece-talks-103046575.htmlSun, 21 Jul 2013 11:30:57 -0400Associated Pressus-treasury-secretary-lew-greece-talks-103046575<p><a href="http://news.yahoo.com/us-treasury-secretary-lew-greece-talks-103046575.html"><img src="http://l2.yimg.com/bt/api/res/1.2/opykQxMWOZIpJpm1BXuvFw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/9dd58287647a3518380f6a70670082bf.jpg" width="130" height="86" alt="U.S. Treasury Secretary Jack Lew, left, shakes hands with Greece&#039;s Finance Minister Yannis Stournaras at the ministry in Athens, Sunday, July 21, 2013. U.S. Treasury Secretary Jack Lew has arrived in Athens to discuss Greece&#039;s efforts to overcome a deep debt crisis. Samaras is due to visit the United States in early August, where he will meet U.S. President Barack Obama. (AP Photo/John Kolesidis, Pool)" align="left" title="U.S. Treasury Secretary Jack Lew, left, shakes hands with Greece&#039;s Finance Minister Yannis Stournaras at the ministry in Athens, Sunday, July 21, 2013. U.S. Treasury Secretary Jack Lew has arrived in Athens to discuss Greece&#039;s efforts to overcome a deep debt crisis. Samaras is due to visit the United States in early August, where he will meet U.S. President Barack Obama. (AP Photo/John Kolesidis, Pool)" border="0" /></a>ATHENS, Greece (AP) ? U.S. Treasury Secretary Jack Lew urged Greece on Sunday to continue its efforts to stabilize its debt-ridden economy and capitalize on the sacrifices already made &quot;to ensure prosperity and growth for generations to come.&quot;</p><br clear="all"/><p><a href="http://news.yahoo.com/u-treasury-secretary-lew-urges-greece-stick-reforms-151507406.html"><img src="http://l.yimg.com/bt/api/res/1.2/3S54Eu1j0dPxPdqv3MPmcw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-21T151507Z_1_CBRE96K16DP00_RTROPTP_2_USA-GREECE-LEW.JPG" width="130" height="86" alt="Greece&#039;s Prime Minister Samaras addresses reporters next to U.S. Treasury Secretary Lew at the Athens Acropolis Museum in Athens" align="left" title="Greece&#039;s Prime Minister Samaras addresses reporters next to U.S. Treasury Secretary Lew at the Athens Acropolis Museum in Athens" border="0" /></a>ATHENS (Reuters) - U.S. Treasury Secretary Jack Lew urged Greece on Sunday to persevere with tough economic reforms during a one-day trip to Athens designed to demonstrate Washington&#039;s support for the crisis-plagued country. Greek government officials said Lew&#039;s talks focused on Greece&#039;s fiscal progress before Prime Minister Antonis Samaras meets U.S. President Barack Obama in Washington on August 8. &quot;We recognize the difficult decisions and shared sacrifices of the last few years,&quot; Lew told reporters after meeting Samaras at the Acropolis Museum. &quot;Of course the road ahead is still ...</p><br clear="all"/>http://news.yahoo.com/u-treasury-secretary-lew-urges-greece-stick-reforms-151507406.htmlSun, 21 Jul 2013 11:15:07 -0400Reutersu-treasury-secretary-lew-urges-greece-stick-reforms-151507406<p><a href="http://news.yahoo.com/u-treasury-secretary-lew-urges-greece-stick-reforms-151507406.html"><img src="http://l.yimg.com/bt/api/res/1.2/3S54Eu1j0dPxPdqv3MPmcw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-21T151507Z_1_CBRE96K16DP00_RTROPTP_2_USA-GREECE-LEW.JPG" width="130" height="86" alt="Greece&#039;s Prime Minister Samaras addresses reporters next to U.S. Treasury Secretary Lew at the Athens Acropolis Museum in Athens" align="left" title="Greece&#039;s Prime Minister Samaras addresses reporters next to U.S. Treasury Secretary Lew at the Athens Acropolis Museum in Athens" border="0" /></a>ATHENS (Reuters) - U.S. Treasury Secretary Jack Lew urged Greece on Sunday to persevere with tough economic reforms during a one-day trip to Athens designed to demonstrate Washington&#039;s support for the crisis-plagued country. Greek government officials said Lew&#039;s talks focused on Greece&#039;s fiscal progress before Prime Minister Antonis Samaras meets U.S. President Barack Obama in Washington on August 8. &quot;We recognize the difficult decisions and shared sacrifices of the last few years,&quot; Lew told reporters after meeting Samaras at the Acropolis Museum. &quot;Of course the road ahead is still ...</p><br clear="all"/><p><a href="http://news.yahoo.com/japan-pm-abe-says-want-reach-sales-tax-135249946.html"><img src="http://l2.yimg.com/bt/api/res/1.2/zikP5NlMcdFZpZcSKwA0LA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-21T135249Z_1_CBRE96K12K500_RTROPTP_2_CBUSINESS-US-JAPAN-ELECTION-ABE-TAX.JPG" width="130" height="86" alt="Japan&#039;s PM Abe, and the leader of the ruling LDP, listens to a question at the party headquarters in Tokyo" align="left" title="Japan&#039;s PM Abe, and the leader of the ruling LDP, listens to a question at the party headquarters in Tokyo" border="0" /></a>TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe said on Sunday that he wants to decide in the autumn whether to proceed with a scheduled sales tax hike next year, while looking carefully at economic indicators. &quot;We have to look at various data, including the April-June GDP figures, and decide what needs to be done to clear hurdles such as beating deflation, achieving economic growth and restoring Japan&#039;s fiscal health. I&#039;d like to reach a decision in the autumn,&quot; he said. &quot;It will be a difficult decision. ...</p><br clear="all"/>http://news.yahoo.com/japan-pm-abe-says-want-reach-sales-tax-135249946.htmlSun, 21 Jul 2013 09:52:49 -0400Reutersjapan-pm-abe-says-want-reach-sales-tax-135249946<p><a href="http://news.yahoo.com/japan-pm-abe-says-want-reach-sales-tax-135249946.html"><img src="http://l2.yimg.com/bt/api/res/1.2/zikP5NlMcdFZpZcSKwA0LA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-21T135249Z_1_CBRE96K12K500_RTROPTP_2_CBUSINESS-US-JAPAN-ELECTION-ABE-TAX.JPG" width="130" height="86" alt="Japan&#039;s PM Abe, and the leader of the ruling LDP, listens to a question at the party headquarters in Tokyo" align="left" title="Japan&#039;s PM Abe, and the leader of the ruling LDP, listens to a question at the party headquarters in Tokyo" border="0" /></a>TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe said on Sunday that he wants to decide in the autumn whether to proceed with a scheduled sales tax hike next year, while looking carefully at economic indicators. &quot;We have to look at various data, including the April-June GDP figures, and decide what needs to be done to clear hurdles such as beating deflation, achieving economic growth and restoring Japan&#039;s fiscal health. I&#039;d like to reach a decision in the autumn,&quot; he said. &quot;It will be a difficult decision. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/analysis-erdogan-puts-turkish-policymakers-dilemma-130449974.html"><img src="http://l.yimg.com/bt/api/res/1.2/bOzZDC91oGYvgMBjJot_kQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-21T130449Z_1_CBRE96K10C800_RTROPTP_2_CBUSINESS-US-TURKEY-ECONOMY-ANALYSIS.JPG" width="130" height="86" alt="Turkey&#039;s Prime Minister Tayyip Erdogan addresses members of parliament from his ruling AK Party during a meeting at the Turkish parliament in Ankara" align="left" title="Turkey&#039;s Prime Minister Tayyip Erdogan addresses members of parliament from his ruling AK Party during a meeting at the Turkish parliament in Ankara" border="0" /></a>By Nick Tattersall and Asli Kandemir ISTANBUL (Reuters) - With a powerful prime minister bent on pumping up growth ahead of elections but a sliding currency and rising borrowing costs, Turkish policymakers are caught between a rock and a hard place. Rattled by weeks of anti-government protests and with a peace initiative for Kurdish militants looking increasingly fragile, the last thing Prime Minister Tayyip Erdogan needs with an election cycle starting next year is an economic slowdown. ...</p><br clear="all"/>http://news.yahoo.com/analysis-erdogan-puts-turkish-policymakers-dilemma-130449974.htmlSun, 21 Jul 2013 09:04:49 -0400Reutersanalysis-erdogan-puts-turkish-policymakers-dilemma-130449974<p><a href="http://news.yahoo.com/analysis-erdogan-puts-turkish-policymakers-dilemma-130449974.html"><img src="http://l.yimg.com/bt/api/res/1.2/bOzZDC91oGYvgMBjJot_kQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-21T130449Z_1_CBRE96K10C800_RTROPTP_2_CBUSINESS-US-TURKEY-ECONOMY-ANALYSIS.JPG" width="130" height="86" alt="Turkey&#039;s Prime Minister Tayyip Erdogan addresses members of parliament from his ruling AK Party during a meeting at the Turkish parliament in Ankara" align="left" title="Turkey&#039;s Prime Minister Tayyip Erdogan addresses members of parliament from his ruling AK Party during a meeting at the Turkish parliament in Ankara" border="0" /></a>By Nick Tattersall and Asli Kandemir ISTANBUL (Reuters) - With a powerful prime minister bent on pumping up growth ahead of elections but a sliding currency and rising borrowing costs, Turkish policymakers are caught between a rock and a hard place. Rattled by weeks of anti-government protests and with a peace initiative for Kurdish militants looking increasingly fragile, the last thing Prime Minister Tayyip Erdogan needs with an election cycle starting next year is an economic slowdown. ...</p><br clear="all"/>By Tom Bergin LONDON (Reuters) - The Organization for Economic Co-operation and Development has (OECD) unveiled new plans to tackle tax evasion by improving the way tax authorities share information about individuals and entities like trusts. Countries are increasingly moving to a standard of sharing information on taxpayers even in the absence of any specific request. This is more likely to flag up inappropriate behavior than the longer established practice of one tax authority starting an investigation into suspicions of wrongdoing, and then making a request for data. ...http://news.yahoo.com/oecd-publishes-plan-cut-tax-evasion-125019172.htmlSun, 21 Jul 2013 08:50:19 -0400Reutersoecd-publishes-plan-cut-tax-evasion-125019172<p><a href="http://news.yahoo.com/japan-pms-coalition-gets-majority-upper-house-exit-110900568.html"><img src="http://l1.yimg.com/bt/api/res/1.2/OJCTn1FFQyuWJNSj066XuQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-21T110900Z_1_CBRE96K0UZ500_RTROPTP_2_JAPAN.JPG" width="130" height="86" alt="Japan&#039;s PM Abe, and the leader of the ruling Liberal Democratic Party, speaks to voters atop a van during a campaigning for the July 21 Upper house election in Tokyo" align="left" title="Japan&#039;s PM Abe, and the leader of the ruling Liberal Democratic Party, speaks to voters atop a van during a campaigning for the July 21 Upper house election in Tokyo" border="0" /></a>TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe&#039;s ruling bloc won a convincing victory in an upper house election on Sunday, media exit polls showed, giving the hawkish leader a mandate for his recipe to revive the economy, while ending a political deadlock and setting the stage for Japan&#039;s first stable government since 2006. Abe, who returned to power after his Liberal Democratic Party-led coalition&#039;s b

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