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UK Retail Sales Rise in October

Thu, 20 Nov 2014 12:22:33 EST
Sales in U.K. stores rose in October thanks to lower prices, but economists warn that British consumers may not be able to keep powering the economy’s recovery without a pickup in wages.

Serbia Reaches Loan Agreement With IMF

Thu, 20 Nov 2014 07:11:54 EST
The Serbian prime minister said his government has secured an agreement with the International Monetary Fund on a standby loan after promising to slash public spending and rein in debt.

Barron's Online Exclusive

Barron's Online Exclusives
copyright © 2014 Dow Jones & Company, Inc. US Business

US Business
copyright © 2014 Dow Jones & Company, Inc.

Wynn Resorts Probed on Money-Laundering Controls

Thu, 20 Nov 2014 19:58:28 EST
Federal authorities are investigating whether casino operator Wynn Resorts violated money-laundering laws, according to people familiar with the matter.

Chinese Transform Greek Port, Winning Over Critics

Thu, 20 Nov 2014 20:18:41 EST
China Overseas Shipping Group’s investment in the port of Piraeus outside of Athens ranks as one of the most successful Greek privatizations in recent decades. Cosco’s container terminal has created 1,000 jobs, and the port is now one of the fastest-growing in the Mediterranean.

Targeted Ads? TV Can Do That

Thu, 20 Nov 2014 20:21:35 EST
TV networks and marketers are harnessing new “Big Data” tools to target ads by matching viewers of niche shows with their shopping preferences, making the television ad landscape more like the online one.

International Business Times

Alibaba And US Retailers Teaming Up To Bring Black Friday To China

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With help from China’s Alibaba, U.S. retailers are hoping to lure affluent Chinese shoppers into the American Black Friday frenzy. Saks Fifth Avenue, Neiman Marcus, Bloomingdale’s, Macy’s, Ann Taylor and American Apparel, among others, are partnering with Alibaba to promote Black Friday sales, accept online payments in Chinese currency and deliver packages across the world’s most populous country.

Best Buy's Q3 Earnings Far Exceed Expectations

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Best Buy, the world's largest multi-channel electronics retailer, reported quarterly earnings Thursday that soundly beat analysts' expectations. The company reported third-quarter earnings of $107 million or 30 cents a share, compared with $54 million or 16 cents a share in the same period last year. 

Online Shopping Forcing Earlier And Earlier Black Friday Openings

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Blame online shopping for the earlier and earlier Black Friday sales events at brick-and-mortar stores. Retailers like Macy’s and Best Buy are opening their doors earlier than ever Thanksgiving Day in an attempt to lure customers who may otherwise shop online from rivals like Amazon. Opening earlier won’t boost sales — shoppers have the same number of relatives on gift lists and the same amount of cash — but it will likely end the Thanksgiving holiday spending frenzy sooner.

International Business Times

World's First Full-Scale Carbon Capture And Storage Project To Launch At Canada's Boundary Dam Plant

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The world’s first commercial-scale “carbon capture and storage” (CCS) project is set to launch this week at a coal-fired power plant in Canada. The $1.4 billion development marks a major milestone for the fledgling technology, which is seen as critical for cutting global warming pollution from fossil fuels.

Marijuana Trademarks: Product Owners Struggle With Federal Trademarks

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A booming American cannabis industry has fostered a growing group of entrepreneurs looking to make millions from marijuana products. But even in states where recreational use is legal, enterprising business owners are seeing their profits go up in smoke due to another legal snag - the lack of protection for intellectual property.

New York Times Plans Job Cuts And Will Eliminate About 100 Newsroom Jobs: Report

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The New York Times unveiled plans for job cuts on Wednesday as part of a companywide restructuring intended to safeguard the newspaper’s long-term profitability.  About 100 newsroom jobs will be eliminated, in addition to a smaller number of positions from the editorial and business operations. If the Times cannot get enough people to leave voluntarily, they will offer buyouts and resort to layoffs.

International Business Times

Why Chocolate Makers Are Uniting To Fight Ebola

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The world’s chocolate makers are coming together to fight the Ebola outbreak in Liberia, Guinea and Sierra Leone. As part of the World Cocoa Foundation, Mondelez International Inc., Nestlé SA, Starbucks Corporation, and others recently announced  a $700,000 donation to combat the virus, which has already infected more than 9,000 people and killed at least 4,500 with no signs of slowing.

Record Global Soybean, Wheat Crops Expected As Rice, Corn Yields Stay Flat

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The 2014-2015 season’s soybean and wheat crops are on track to set records, while rice and corn look poised to be more in line with last season’s record crops. Soybean production is expected to hit 310 million tons, about 10 percent higher than last year’s output, according to the International Grains Council’s September Grain Market Report released Thursday. That increase is expected to continue as new soy plantings boost yields in parts of Brazil and Argentina.

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