Income inequality is biggest threat to global economy: Davos
The World Economic Forum says the gap between the rich and the poor is the most likely risk to the global economy in coming years. CBC | Business News…
Best Buy hit by holiday sales slump – CNNMoney
CNNMoney Best Buy hit by holiday sales slumpCNNMoney"We were surprised by the market decline," said CEO Hubert Joly, during a teleconference with analysts. "Everybody expected it to increase by 2…
Loonie expected to spiral lower in 2014
The Canadian dollar is expected to spiral lower throughout 2014, after a 3.1 per cent slide in the first two weeks of the year that has taken it to its…
Stocks Extend Rally to Second Day – WPRO
San Francisco Chronicle Stocks Extend Rally to Second DayWPRO(NEW YORK) — A strong earnings report from Bank of America helped to lift stocks again, extending a rally to a second…
JCPenney closes 33 stores to cut costs – Christian Science Monitor
Christian Science Monitor JCPenney closes 33 stores to cut costsChristian Science MonitorJ.C. Penney plans to close 33 stores, including one in Minnesota, as part of a cost-cutting initiative. Skip to…
Provinces to discuss Jason Kenney’s revised Canada Job Grant plan
Provincial and territorial ministers responsible for overseeing the controversial Canada Job Grant program will hold a teleconference call late Wednesday to discuss the federal government’s revised plan scheduled to come…
Bank of America Profit Climbs, Helped by Cost-Cutting Progress – Wall Street Journal
CNN Bank of America Profit Climbs, Helped by Cost-Cutting ProgressWall Street JournalShares rose 2.9% to $ 17.27 in early trading as results beat analyst estimates. Investors welcomed the company's cost…
JPMorgan profit hit by Madoff, weaker investment banking – Reuters
Washington Post JPMorgan profit hit by Madoff, weaker investment bankingReuters(Reuters) – JPMorgan Chase & Co (JPM.N) posted a 7.3 percent decline in quarterly profit on Tuesday, as legal woes and…
Tech trends for 2014: wearables, phablets and e-visits
Wearable technologies are in, cellphone voice calls are dying out for some, phablets are here to stay and “e-visits” will be preferred over doctors’ waiting rooms, according to a report…
JPMorgan Stock a Buy Amid Improving Outlook – Barron’s
San Francisco Chronicle JPMorgan Stock a Buy Amid Improving OutlookBarron’sFourth-quarter results were merely decent. However, the outlook for the bruised bank appears to be considerably brighter. Article; Comments. Email; Print;…
