July 23, 2012 | Daily Business Review
Schlumberger profit rises on oil growth beyond North AmericaOilfield-services provider Schlumberger said net income climbed to $1.4 billion from $1.1 billion a year earlier, as customers increased their quest for crude outside the U.S. and Canada onshore market.
By Bloomberg News
2 minute read
August 09, 2012 | Daily Business Review
SEC tightens automated-trading rulesThe Securities and Exchange Commission is writing new rules in the wake of Knight Capital Group's $440 million trading loss Aug. 1 that almost put it out of business.
By Bloomberg News
2 minute read
December 13, 2012 | Daily Business Review
Mortgage rates drop with 30-year at near-record 3.32%U.S. mortgage rates fell, decreasing borrowing costs after more Americans applied for home loans.
By Bloomberg News
2 minute read
July 08, 2013 | Daily Business Review
Toyota Camry, Honda Civic Inventories Rise, RBC SaysToyota's Camry and Honda's Civic, the top-selling mid-size and compact cars in the United States, face risk of reduced production as inventories of the models rise, an RBC Capital Markets report said.
By Bloomberg News
2 minute read
August 23, 2012 | Daily Business Review
$1.1 trillion budget deficit still less than expectedThe nonpartisan Congressional Budget Office said the deficit would be less than last year's $1.3 trillion, in part because tax revenue has risen by almost 6 percent and spending is down by about 1 percent this year.
By Bloomberg News
2 minute read
March 01, 2012 | Daily Business Review
Construction spending drops 0.1 percentConstruction spending in the United States unexpectedly fell in January as commercial and government projects slowed, a sign the building industry will take time to rebound.
By Bloomberg News
2 minute read
April 09, 2012 | Daily Business Review
Berkshire's HomeServices buys Seattle business, seeks more dealsBerkshire Hathaway Inc.'s real estate brokerage unit, HomeServices of America Inc., bought Prudential Northwest Realty Associates as part of a strategy to expand through acquisitions.
By Bloomberg News
1 minute read
December 06, 2011 | Daily Business Review
Trump gets $20 million price cut on Doral Golf purchaseDonald Trump is buying the Doral Golf Resort and Spa for $20 million less than the price he agreed to when the deal was announced in October. The owners of the five resorts that Paulson & Co. and Winthrop Realty Trust foreclosed early this year announced in October that Trump signed up to buy Doral for $170 million.
By Bloomberg News
2 minute read
October 02, 2012 | Daily Business Review
MGIC rallies as obstacles to selling policies cutMGIC Investment Corp., the mortgage insurer that breached regulators' capital limits, surged to a two-month high after saying hurdles to selling new policies had been lowered.
By Bloomberg News
1 minute read
December 30, 2011 | Daily Business Review
Regulators settle bribery case with Deutsche Telekom for $95 millionMagyar Telekom will disgorge $31.2 million and pay a $59.6 million criminal penalty as part of a deferred prosecution agreement with the U.S. Justice Department.
By Bloomberg News
3 minute read