Nick's Feed
Jun 12, 2015

Rupert Murdoch to hand Fox CEO title to son James – source

NEW YORK (Reuters) – Rupert Murdoch, the 84-year old media baron, will hand over the chief executive reins at entertainment conglomerate Twenty-First Century Fox Inc to his 42-year-old son James, a source familiar with the situation said on Thursday.

Fox Chief Operating Officer Chase Carey will step into an advisory role as part of a generational shift at the parent company of Fox News and movie studio behind “X-Men” and other series, the source said, adding that James Murdoch and his 43-year-old brother Lachlan would work as partners.

Jun 12, 2015

Rupert Murdoch to hand Fox CEO title to son James

NEW YORK (Reuters) – Rupert Murdoch, the 84-year old media baron, will hand over the chief executive reins at entertainment conglomerate Twenty-First Century Fox Inc to his 42-year-old son James, a source familiar with the situation said on Thursday.

Fox Chief Operating Officer Chase Carey will step into an advisory role as part of a generational shift at the parent company of Fox News and movie studio behind “X-Men” and other series, the source said, adding that James Murdoch and his 43-year-old brother Lachlan would work as partners.

Jun 11, 2015

Rupert Murdoch to hand over Fox reins to son James -source

NEW YORK (Reuters) – Rupert Murdoch, the 84-year old media baron, will hand over the chief executive reins at entertainment conglomerate Twenty-First Century Fox Inc to his 42-year-old son James, a source familiar with the situation said on Thursday.

Fox Chief Operating Officer Chase Carey will step into an advisory role as part of the generational shift at the parent company of Fox News and movie studio behind “X-Men” and other series, the source said, adding that James Murdoch and his 43-year-old brother Lachlan would work as partners.

Dec 26, 2013

U.S. stocks, bond yields rise on Fed taper expectations

NEW YORK (Reuters) – U.S. equities and the dollar rose against the yen in holiday-thinned trading on Thursday, while Treasuries prices fell after strong economic data added to evidence of a recovering labor market that could free the Federal Reserve to continue withdrawing its stimulus.

The number of Americans filing new claims for unemployment benefits fell last week to the lowest level in nearly a month, a hopeful sign for the labor market. Initial claims for state unemployment benefits decreased 42,000 to a seasonally adjusted 338,000, the Labor Department said.

Feb 5, 2013

World Chefs: In Polish cooking emphasis is on freshness

NEW YORK, Feb 5 (Reuters) – When Marianna Dworak, the author
of “Authentic Polish Cooking” was growing up in Poland, planning
a holiday feast meant having to get ingredients well ahead of
time.

The emphasis on freshness was so strong that one year
Dworak’s family kept a carp, a fish traditionally served on
Christmas Eve, alive in the bathtub for a week until it was time
to cook it.

Nov 27, 2012

ADT profit meets forecasts as price hikes lift sales

By Nick Zieminski

(Reuters) – Price increases helped lift sales and earnings at ADT Corp (ADT.N: Quote, Profile, Research, Stock Buzz) in its initial quarter as an independent company, and the home security services provider said more customers were adopting its high-margin “Pulse” monitoring services.

The former Tyco (TYC.N: Quote, Profile, Research, Stock Buzz) unit also said on Tuesday that its board had approved buying back up to $2 billion in stock over three years and was considering taking on more debt to invest in its business, partly at the urging of a large shareholder.

Nov 26, 2012

U.S. business borrowing for equipment dips in October – ELFA

NEW YORK, Nov 26 (Reuters) – U.S. companies borrowed
slightly less last month to invest in everything from industrial
equipment to office machines and aircraft, but credit quality
remains healthy, the Equipment Leasing and Finance Association
(ELFA) said on Monday.

Companies signed up for $7.6 billion in new loans, leases
and lines of credit in October, down 7 percent from September’s
$8.2 billion, but up 27 percent from $6 billion a year earlier,
ELFA said.

Nov 21, 2012

Higher costs push Deere profit below Wall Street view

By Nick Zieminski

(Reuters) – Deere & Co (DE.N: Quote, Profile, Research, Stock Buzz), the world’s largest farm equipment maker, reported a weaker-than-expected quarterly profit as higher manufacturing costs and other expenses cut into earnings and a strong dollar reduced the value of international sales.

Deere forecast higher sales and earnings for its new fiscal year, but its shares fell 3.7 percent to $82.80 in early trading.

Nov 21, 2012

Architecture billings rise for fifth straight month: AIA

NEW YORK (Reuters) – A leading indicator of U.S. construction activity improved for the fifth consecutive month in October as demand for design services continued to recover, an architects’ trade group said on Wednesday.

The October architecture billings index rose 1.2 points to a reading of 52.8, led by demand from builders of apartment buildings, according to the American Institute of Architects (AIA). The billings index is considered a predictor of construction spending nine to 12 months into the future.

Nov 21, 2012

U.S. architecture billings rise for 5th straight month-AIA

NEW YORK, Nov 21 (Reuters) – A leading indicator of U.S.
construction activity improved for the fifth consecutive month
in October as demand for design services continued to recover,
an architects’ trade group said on Wednesday.

The October architecture billings index rose 1.2 points to a
reading of 52.8, led by demand from builders of apartment
buildings, according to the American Institute of Architects
(AIA). The billings index is considered a predictor of
construction spending nine to 12 months into the future.