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Results for news from the Financial Times with keyword FELCOR, LESS-IS-MORE PAYS OFF
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Oil Amp Gas
Transocean warns of offshore oil downturn
Drilling contractor says price fall could exacerbate rig oversupply
... demand. The company’s “long-term bullish view of offshore drilling remains intact”, he said. ... ... demand. The company’s “long-term bullish view of offshore drilling remains intact”, he said. ... ... demand. The company’s “long-term bullish view of offshore drilling remains intact”, he said. ... ... that oil and gas would be needed to meet that demand. The company’s “long-term bullish view of offshore drilling remains intact”, he said. ...
Mon, 10 Nov 2014 18:44:30 GMT

Business Support Services
Serco offers a ‘cautionary tale’
Problem contracts on asylum seekers and prisoners underscore the challenges
... shed accommodation in Liverpool; we need to do the job first and command respect,” said Mr Soames. ... ... shed accommodation in Liverpool; we need to do the job first and command respect,” said Mr Soames. ... ... shed accommodation in Liverpool; we need to do the job first and command respect,” said Mr Soames. ... ... oing to have to get better at saying no.” Serco is still under investigation by the Serious Fraud office after it overcharged the British government for tagging criminals who were already dead or im ...
Mon, 10 Nov 2014 18:23:11 GMT

Oil Amp Gas
Cairn Energy finds oil again off Senegal
Edinburgh-based company’s shares rise after offshore discovery
... ministered by Morocco but whose sovereignty is disputed by the Polisario Front independent movement. ... ... ministered by Morocco but whose sovereignty is disputed by the Polisario Front independent movement. ... ... ministered by Morocco but whose sovereignty is disputed by the Polisario Front independent movement. ... ... on assets off Mauritania and is partnering Kosmos Energy which is committed to exploration drilling off Western Sahara, a country administered by Morocco but whose sovereignty is disputed by the Polis ...
Mon, 10 Nov 2014 17:05:49 GMT

Politics Amp Policy
Home office and defence in line of fire
Combined annual budget of non-protected departments set to come down by a third in real terms
... ove the protection for health, education and overseas aid or cut the social security bill even more. ... ... ove the protection for health, education and overseas aid or cut the social security bill even more. ... ... ove the protection for health, education and overseas aid or cut the social security bill even more. ... ... choices the next government will face are at least as stark as those Mr Osborne did when he entered office in 2010. Short of an economic miracle where Britain embarks on sustainably faster economic g ...
Sun, 09 Nov 2014 19:00:54 GMT

Technology
Encryption expert offers support to UK’s GCHQ chief
Tighter web security methods can be a help to hackers, says RSA’s Hugh Thompson
... u are basically neutering almost all of the [existing] security technology you rely on,” he said. ... ... u are basically neutering almost all of the [existing] security technology you rely on,” he said. ... ... u are basically neutering almost all of the [existing] security technology you rely on,” he said. ... ... ference, organised by the digital security and cryptography firm RSA. He is also the chief security officer of the technology security company Bluecoat, a doctor of mathematics and adjunct professor a ...
Fri, 07 Nov 2014 13:19:45 GMT

Brussels
Draghi ‘autocratic’ style stays off menu
ECB president says forecast dinner showdown failed to materialise
... we know we need to be prepared,” Mr Draghi said. Additional reporting by Michael Hunter in London ... ... we know we need to be prepared,” Mr Draghi said. Additional reporting by Michael Hunter in London ... ... we know we need to be prepared,” Mr Draghi said. Additional reporting by Michael Hunter in London ... ... he war remains to be seen,” said Richard Barwell, of Royal Bank of Scotland. “I doubt the hawks offered an unconditional surrender on sovereign purchases. And there is an important difference betw ...
Thu, 06 Nov 2014 19:01:49 GMT

UK Economy
UK manufacturing shrugs off slowdown
official figures show boost from domestic demand
... for the first time since 2007, as consumers increasingly have the confidence to make big purchases. ... ... for the first time since 2007, as consumers increasingly have the confidence to make big purchases. ... ... for the first time since 2007, as consumers increasingly have the confidence to make big purchases. ... ... l “growing at a fair clip, albeit with a darkened outlook compared to earlier in the year”. The office for National Statistics also revised down its estimate for third-quarter growth for overall i ...
Thu, 06 Nov 2014 11:29:49 GMT

Capital Markets
HK banks compete for offshore renminbi
Demand ahead of HK-Shanghai stock connect drives renminbi interest rates to near record highs
... re and offshore renminbi interest rates are on course for further convergence. Twitter: @gabewildau ... ... re and offshore renminbi interest rates are on course for further convergence. Twitter: @gabewildau ... ... re and offshore renminbi interest rates are on course for further convergence. Twitter: @gabewildau ... ... ge of assets than the dim sum market, is further boosting demand for CNH. That suggests onshore and offshore renminbi interest rates are on course for further convergence. Twitter: @gabewildau ...
Thu, 06 Nov 2014 05:24:08 GMT

Retail
M&S margins offer room for hope
Chief insists retailer has turned a corner
... would continue its focus on full-price womenswear sales, “we will not be blind to the market”. ... ... would continue its focus on full-price womenswear sales, “we will not be blind to the market”. ... ... would continue its focus on full-price womenswear sales, “we will not be blind to the market”. ... ... would continue its focus on full-price womenswear sales, “we will not be blind to the market”. ...
Wed, 05 Nov 2014 18:18:57 GMT

Media
BSkyB forced to offer sports to BT
Tribunal ruling is the latest skirmish in a long-running legal battle
... negotiate a reciprocal wholesale deal for all Sky Sports channels in high definition and BT Sports. ... ... negotiate a reciprocal wholesale deal for all Sky Sports channels in high definition and BT Sports. ... ... negotiate a reciprocal wholesale deal for all Sky Sports channels in high definition and BT Sports. ... ... of the competitive gain from that investment in order to achieve the benefit of the [wholesale must offer] remedy ordered by Ofcom.” Analysts at Goldman Sachs said, beyond Wednesday’s ruling, “t ...
Wed, 05 Nov 2014 18:00:47 GMT

Banks
ING repays Dutch aid six months early
Lender aims to restart dividends next year
... e. The group said the state had made a total profit of €5.3bn on all the support provided to ING. ... ... e. The group said the state had made a total profit of €5.3bn on all the support provided to ING. ... ... e. The group said the state had made a total profit of €5.3bn on all the support provided to ING. ... ... n and transforming back into a bank from a diversified financial services business. It has floated off a large chunk of its insurance business, which is now called NN Group, and plans to sell the res ...
Wed, 05 Nov 2014 11:21:16 GMT

Media
Vodafone to offer Sky service on mobiles
Telecoms groups and broadcasters respond to increased use of mobile devices to watch videos
... ervice after acquiring fixed-line businesses such as Ono in Spain and Kabel Deutschland in Germany. ... ... ervice after acquiring fixed-line businesses such as Ono in Spain and Kabel Deutschland in Germany. ... ... ervice after acquiring fixed-line businesses such as Ono in Spain and Kabel Deutschland in Germany. ... ... a necessary defensive move to protect its UK business. Sky has been testing consumers’ appetites, offering Vodafone mobile contracts to its customers under a small trial. Analysts have even suggest ...
Tue, 04 Nov 2014 11:34:00 GMT

Property
Persimmon shrugs off housing slowdown
Housebuilder attributes summer dip to ‘traditional season pattern’
... olume delivery and strong margins,” he added. Shares were flat at £14.58 in late morning trading. ... ... olume delivery and strong margins,” he added. Shares were flat at £14.58 in late morning trading. ... ... olume delivery and strong margins,” he added. Shares were flat at £14.58 in late morning trading. ... ... been signalling that prices are no longer rising at the same rapid rate as earlier in the year, and official data from the Land Registry confirmed last week that prices edged down in seven out of 10 r ...
Tue, 04 Nov 2014 11:17:26 GMT

Food Amp Beverage
Greene King agrees £774m offer for Spirit
Deal would create UK’s biggest managed pubs group
... ondon trading to 777p, while Spirit added 1 per cent to 108p. C&C added 2.3 per cent to €3.70. ... ... ondon trading to 777p, while Spirit added 1 per cent to 108p. C&C added 2.3 per cent to €3.70. ... ... ondon trading to 777p, while Spirit added 1 per cent to 108p. C&C added 2.3 per cent to €3.70. ... ... has until November 20 to make good its intentions. The maker of Magners and Bulmers cider put in an offer of around 110p a share. It foresees a UK pub network for the distribution of its drinks brands ...
Tue, 04 Nov 2014 09:31:33 GMT

Markets
Europe set to shrug off Japan rally
Nikkei climbs past 17,000 to 7-year peak
... speculation of an earlier rate rise from the Federal Reserve and put pressure on US Treasury prices. ... ... speculation of an earlier rate rise from the Federal Reserve and put pressure on US Treasury prices. ... ... speculation of an earlier rate rise from the Federal Reserve and put pressure on US Treasury prices. ... ... speculation of an earlier rate rise from the Federal Reserve and put pressure on US Treasury prices. ...
Tue, 04 Nov 2014 07:47:03 GMT

Politics Amp Policy
Lib Dem minister quits Home office
Baker says working with Tories like ‘walking through mud’
... declined to comment. A Lib Dem spokesman said a replacement would be announced “in due course”. ... ... declined to comment. A Lib Dem spokesman said a replacement would be announced “in due course”. ... ... declined to comment. A Lib Dem spokesman said a replacement would be announced “in due course”. ... ... He added that trying to work with Tory colleagues had been like “walking through mud”. The Home office declined to comment. A Lib Dem spokesman said a replacement would be announced “in due cour ...
Mon, 03 Nov 2014 23:57:46 GMT

UK Equities
Sell advice tips RBS off three-year high
FTSE 100 fell 0.9% to 6,487.97, down 58.5 points
... rly 12 per cent of Ocado’s free float and 9.5 per cent of AO World’s are lent to short sellers. ... ... rly 12 per cent of Ocado’s free float and 9.5 per cent of AO World’s are lent to short sellers. ... ... rly 12 per cent of Ocado’s free float and 9.5 per cent of AO World’s are lent to short sellers. ... ... (by far) the top performing UK bank year-to-date,” said the broker. “However, it has regularly offered clear (short-term) selling opportunities throughout the year and we believe that the strengt ...
Mon, 03 Nov 2014 18:00:54 GMT

Property
Aberdeen office deal underlines resilience
L&G property group buys Aker headquarters for £127m
... “It doesn’t help, but it is not a big problem as long as they don’t do any more,” he said. ... ... “It doesn’t help, but it is not a big problem as long as they don’t do any more,” he said. ... ... “It doesn’t help, but it is not a big problem as long as they don’t do any more,” he said. ... ... rty was only about 80 per cent that in other UK regions, Mr Davidson estimated. “The handbrake is off but we’re not at full speed,” he said. “The trigger for that will be a political settlemen ...
Mon, 03 Nov 2014 17:09:55 GMT

Africa
South Africa begins $2bn state sell-off
Finance minister wants to wrap up deals soon
... .5 per of GDP in three years, while the growth forecast for the year was downgraded to 1.4 per cent. ... ... .5 per of GDP in three years, while the growth forecast for the year was downgraded to 1.4 per cent. ... ... .5 per of GDP in three years, while the growth forecast for the year was downgraded to 1.4 per cent. ... ... ebt trap,” he said, in a sombre speech that was generally welcomed as South Africa seeks to stave off potential rating downgrades. Mr Nene’s target is to narrow the budget deficit from 4.1 per ce ...
Mon, 03 Nov 2014 12:58:19 GMT

Telecoms
Altice makes €7bn offer for Portugal Telecom
Bid excludes African business, some debt securities and financing vehicles
... d merger had been thrown into question because of tensions between Oi and PT over the Rioforte loan. ... ... d merger had been thrown into question because of tensions between Oi and PT over the Rioforte loan. ... ... d merger had been thrown into question because of tensions between Oi and PT over the Rioforte loan. ... ... m in loans to the collapsed Espírito Santo group, one of its leading shareholders. Altice said its offer excluded debt securities that PT had extended to Rioforte, an Espírito Santo group holding co ...
Mon, 03 Nov 2014 09:16:40 GMT

Currencies
Dollar strength drives commodity sell-off
Faster China growth will slow losses for metals and energy prices
... l the missing part of the global recovery, the so-called ‘currency wars’ have not gone away.” ... ... l the missing part of the global recovery, the so-called ‘currency wars’ have not gone away.” ... ... l the missing part of the global recovery, the so-called ‘currency wars’ have not gone away.” ... ... l the missing part of the global recovery, the so-called ‘currency wars’ have not gone away.” ...
Mon, 03 Nov 2014 08:02:20 GMT

Commodities
Chinese farmers gain taste for coffee
Crop offers higher returns than tea grown on same acreage and many farmers in Yunnan now grow both
... rkets, said experts. “People don’t really care where their coffee comes from,” said Ms Cheung. ... ... rkets, said experts. “People don’t really care where their coffee comes from,” said Ms Cheung. ... ... rkets, said experts. “People don’t really care where their coffee comes from,” said Ms Cheung. ... ... low, compared with mature coffee markets, said experts. “People don’t really care where their coffee comes from,” said Ms Cheung. ...
Sun, 02 Nov 2014 13:57:53 GMT

Management
Eyal Aronoff’s drive for oil alternatives
The serial entrepreneur wants a ‘flex-fuel’ revolution
... erns. But he says the next administration may have to accept the argument for transport fuel choice. ... ... erns. But he says the next administration may have to accept the argument for transport fuel choice. ... ... erns. But he says the next administration may have to accept the argument for transport fuel choice. ... ... up.” Second opinion: The future of energy “I can’t claim credit for every detail of Eyal Aronoff’s intellectual development,” says Robert Zubrin, early advocate of methanol and other altern ...
Fri, 31 Oct 2014 19:33:58 GMT

Investments
European bargains are on offer
European shares are much cheaper than their US equivalents
... 2013) and Fidelity European Values for large-caps, and European Assets Trust for smaller companies. ... ... 2013) and Fidelity European Values for large-caps, and European Assets Trust for smaller companies. ... ... 2013) and Fidelity European Values for large-caps, and European Assets Trust for smaller companies. ... ... Europe looks increasingly like the Japanese market of old,” said Dominic Rossi, chief investment officer for equities at Fidelity. “Structural growth is hard to find and nominal growth is low.” ...
Fri, 31 Oct 2014 19:08:25 GMT

Technology
RealPage rejects near-$2bn Vista offer
Formal bid valued the Texas-based property management software group at almost $25 a share
... fund. Vista declined to comment. RealPage said it did not comment on market rumour and speculation. ... ... fund. Vista declined to comment. RealPage said it did not comment on market rumour and speculation. ... ... fund. Vista declined to comment. RealPage said it did not comment on market rumour and speculation. ... ... after disappointing earnings caused its share price to slump to just above its 2010 initial public offering value. Vista owns 4.8 per cent of the company and could agitate for a sale if RealPage cont ...
Fri, 31 Oct 2014 18:59:22 GMT

US Economy
Fed risks credibility, says official
Kocherlakota warns of dangers of undershooting inflation goal
... at the next meeting by any means. It will depend on the circumstances at that meeting,” he said. ... ... at the next meeting by any means. It will depend on the circumstances at that meeting,” he said. ... ... at the next meeting by any means. It will depend on the circumstances at that meeting,” he said. ... ... think we just cannot take the credibility of our targets for granted,” he said. However, most Fed officials are reasonably confident inflation will return to target now the unemployment rate is down ...
Fri, 31 Oct 2014 17:30:09 GMT

Management
Constantly canvassed for coffee
Great ideas can sometimes come from a chat with the unlikeliest of people
... at last week I had coffee with no strangers at all. lucy.kellaway@ft.com Twitter: @lucykellaway ... ... at last week I had coffee with no strangers at all. lucy.kellaway@ft.com Twitter: @lucykellaway ... ... at last week I had coffee with no strangers at all. lucy.kellaway@ft.com Twitter: @lucykellaway ... ... arter, funnier and more interesting, then you know what to blame – the fact that last week I had coffee with no strangers at all. lucy.kellaway@ft.com Twitter: @lucykellaway ...
Fri, 31 Oct 2014 16:42:07 GMT

Technology
Apple Watch set for face off with Swiss
US technology group’s efforts to supercharge new market sector is set to rock the Alps
... ys. “A lot of people are highly sceptical of the smartwatch because they’ve never tried one.” ... ... ys. “A lot of people are highly sceptical of the smartwatch because they’ve never tried one.” ... ... ys. “A lot of people are highly sceptical of the smartwatch because they’ve never tried one.” ... ... but opportunity, and it would be a shame if the Swiss watchmakers didn’t take it,” he says. Geoff Blaber, technology analyst with CCS Insight, agrees. “Given the huge range of functionality an ...
Fri, 31 Oct 2014 10:39:04 GMT

Travel Amp Leisure
Australian betting market off to the races
Competition heating up as foreign players piling in to country’s A$22bn bookmaking industry
... r William Hill the question is whether they can justify the price they paid to enter the market.” ... ... r William Hill the question is whether they can justify the price they paid to enter the market.” ... ... r William Hill the question is whether they can justify the price they paid to enter the market.” ... ... where the market leader has circa 17 per cent of the market,” says Craig Nugent, chief operating officer at Tabcorp. The [former state betting companies] dominate here with 70 per cent share in th ...
Fri, 31 Oct 2014 06:17:38 GMT

Politics Amp Policy
Treasury puts off BoE buy-to-let powers
Government unlikely to bring new laws into place before election
... to ensure that we can bring forward appropriate legislation to give the bank the powers it needs.” ... ... to ensure that we can bring forward appropriate legislation to give the bank the powers it needs.” ... ... to ensure that we can bring forward appropriate legislation to give the bank the powers it needs.” ... ... to ensure that we can bring forward appropriate legislation to give the bank the powers it needs.” ...
Thu, 30 Oct 2014 18:50:46 GMT

Automobiles
Ferrari spin-off is Marchionne’s ‘biggest step’
Fiat Chrysler chief plans 50% increase in global sales by volume
... ” said Stuart Pearson, analyst at Exane BNP Paribas. “What is a bidder willing to pay for it?” ... ... ” said Stuart Pearson, analyst at Exane BNP Paribas. “What is a bidder willing to pay for it?” ... ... ” said Stuart Pearson, analyst at Exane BNP Paribas. “What is a bidder willing to pay for it?” ... ... try. That formed the backdrop for Wednesday’s announcement of the proposed Ferrari initial public offering in New York, with a possible secondary listing in Europe. It came alongside plans to issue ...
Wed, 29 Oct 2014 18:42:05 GMT

Banks
UK banks seek to offload toxic mortgages
Lenders pursue deals with private equity funds
... It might be a premium to marked-down book value, but in all probability a discount to par value.” ... ... It might be a premium to marked-down book value, but in all probability a discount to par value.” ... ... It might be a premium to marked-down book value, but in all probability a discount to par value.” ... ... g assets because of ongoing lower returns from risk-free assets.” But lenders should not count on offloading loan books at a premium, like UKAR. Banks selling unprofitable legacy loans that were ori ...
Wed, 29 Oct 2014 12:39:21 GMT

Markets
‘Coffin corner’ threat to stability
Post-crisis regulation makes markets more vulnerable to shocks
... mation and efficient intermediation. Satyajit Das is a former banker and author of Extreme Money ... ... mation and efficient intermediation. Satyajit Das is a former banker and author of Extreme Money ... ... mation and efficient intermediation. Satyajit Das is a former banker and author of Extreme Money ... ... y of the government to provide emergency support. The increased default risk of affected banks sets off a chain reaction of CVA increases and actual losses in the inter-bank markets, requiring further ...
Wed, 29 Oct 2014 05:56:41 GMT

US
Nasa unmanned spacecraft explodes after liftoff
Antares rocket explodes seconds after liftoff from commercial launch pad
... is installed on the Antares rocket©GettyPrevious imageNext imageNext ThumbnailsPrevious Thumbnails ... ... is installed on the Antares rocket©GettyPrevious imageNext imageNext ThumbnailsPrevious Thumbnails ... ... is installed on the Antares rocket©GettyPrevious imageNext imageNext ThumbnailsPrevious Thumbnails ... ... e International Space Station. The 14-story rocket, built and launched by Orbital Sciences, blasted off from its launch pad at the Wallops Flight Facility at 6:22pm carrying a Cygnus cargo ship bound ...
Wed, 29 Oct 2014 05:35:54 GMT

Politics Amp Policy
Britain gives F-35s permission to take off
Lightning II stealth aircraft designed to fly from new carriers
... tute, has predicted the planes will be able to do little more than take off and land by that date. ... ... tute, has predicted the planes will be able to do little more than take off and land by that date. ... ... tute, has predicted the planes will be able to do little more than take off and land by that date. ... ... Royal United Services Institute, has predicted the planes will be able to do little more than take off and land by that date. ...
Tue, 28 Oct 2014 19:35:20 GMT

Markets
Market takes off the beer goggles
Traders were overly hopeful the growth story could soon resume
... ck to beer (and other defensives), no matter what Franklin would have said. james.mackintosh@ft.com ... ... ck to beer (and other defensives), no matter what Franklin would have said. james.mackintosh@ft.com ... ... ck to beer (and other defensives), no matter what Franklin would have said. james.mackintosh@ft.com ... ... oss of the past month, in spite of outperforming on Tuesday. The story is that the market has taken off the beer goggles it wore all summer, when investors optimistically believed that the US could ri ...
Tue, 28 Oct 2014 18:08:30 GMT

Commodities
Chinese coffee attracts Swiss traders
Volcafe to set up processing joint venture in Yunnan
... l could boost further production in the region. “Price is the best fertiliser,” said Mr Furniss. ... ... l could boost further production in the region. “Price is the best fertiliser,” said Mr Furniss. ... ... l could boost further production in the region. “Price is the best fertiliser,” said Mr Furniss. ... ... as making sure the supply chain remained sustainable. The recent price rise in the international coffee market due to adverse weather in Brazil could boost further production in the region. “Price ...
Tue, 28 Oct 2014 14:03:59 GMT

Asia-Pacific
BEA’s relationships prowess blocks offers
Bank of East Asia is a near-perfect example of tangled ties that drive so much business in Asia
... complex ties that keep Asia deals going – or in this case, block them. jennifer.hughes@ft.com ... ... complex ties that keep Asia deals going – or in this case, block them. jennifer.hughes@ft.com ... ... complex ties that keep Asia deals going – or in this case, block them. jennifer.hughes@ft.com ... ... ent under any circumstances. It cannot vote against a takeover offer backed by the board unless the offer is less than the carrying value of its holding, and it has pledged to support any capital rais ...
Tue, 28 Oct 2014 13:47:14 GMT

Capital Markets
Eurozone bonds brush off ECB stress tests
Capital shortfalls revealed at 25 banks
... Morgan. “You could reasonably have expected far greater movements but it’s been really quiet.” ... ... Morgan. “You could reasonably have expected far greater movements but it’s been really quiet.” ... ... Morgan. “You could reasonably have expected far greater movements but it’s been really quiet.” ... ... Morgan. “You could reasonably have expected far greater movements but it’s been really quiet.” ...
Mon, 27 Oct 2014 18:03:08 GMT

World
Uruguay presidential poll goes to run-off
Leftwing candidate Tabaré Vázquez fails to win outright
... eferendum, voters also rejected lowering the age at which criminals can be prosecuted from 18 to 16. ... ... eferendum, voters also rejected lowering the age at which criminals can be prosecuted from 18 to 16. ... ... eferendum, voters also rejected lowering the age at which criminals can be prosecuted from 18 to 16. ... ... otes to win the presidential election outright on Sunday, sending the contest to a second round run-off on November 30, according to exit polls. Although the Broad Front coalition, which was first led ...
Mon, 27 Oct 2014 05:36:49 GMT

Europe
Putin makes offer wrapped up in a warning
Russia president’s policy vision suggests west faces stark choice
... ica needs Russia’s help in dealing with Isis,” he said. “That might start to change things.” ... ... ica needs Russia’s help in dealing with Isis,” he said. “That might start to change things.” ... ... ica needs Russia’s help in dealing with Isis,” he said. “That might start to change things.” ... ... mir Putin on Friday that caught the headlines. But, alongside the vitriol, Russia’s president was offering the west a stark choice: work with Moscow and other rising economies on a more equitable gl ...
Sun, 26 Oct 2014 18:44:15 GMT

Politics Amp Policy
Lamont exit offers Labour revival chance
Dilemma for party chiefs as SNP opponents seize on acrimonious split
... Sky TV. He added: “We are in serious danger here of snatching defeat from the jaws of victory.” ... ... Sky TV. He added: “We are in serious danger here of snatching defeat from the jaws of victory.” ... ... Sky TV. He added: “We are in serious danger here of snatching defeat from the jaws of victory.” ... ... nster seats Labour holds in Scotland in next year’s UK general election. Shoring up support would offer a key boost to Ed Miliband’s chances of becoming prime minister. Rebuilding Scottish Labour, ...
Sun, 26 Oct 2014 17:55:12 GMT

Companies
Right financial officer for the right era
Some of the biggest CFOs are moving on – or are being asked to do so
... part of the reason behind the surprise departure in January of the bank’s CFO, Richard Meddings. ... ... part of the reason behind the surprise departure in January of the bank’s CFO, Richard Meddings. ... ... part of the reason behind the surprise departure in January of the bank’s CFO, Richard Meddings. ... ... ited as part of the reason behind the surprise departure in January of the bank’s chief financial officer Richard Meddings. Ambitious finance directors typically want to stimulate their career path ...
Sun, 26 Oct 2014 13:52:19 GMT

Property Amp Mortgages
Nationwide offers its lowest-ever fixed rate
Mortgage price war gathers pace
... week. The deal is for a two-year discount on its standard variable rate, and carries a £1,999 fee. ... ... week. The deal is for a two-year discount on its standard variable rate, and carries a £1,999 fee. ... ... week. The deal is for a two-year discount on its standard variable rate, and carries a £1,999 fee. ... ... nt in assets before they lend. “At the moment swap rates are so low that the lenders are able to offer some really impressive rates and this is good news for borrowers looking for larger mortgages, ...
Fri, 24 Oct 2014 17:35:52 GMT

Health
officials move to calm US Ebola anxiety
Mayor reassures New York as World Bank president says the city is well prepared for its first case
... to mobilise a lot of cash quickly in a crisis. Additional reporting: Megan Murphy in Washington ... ... to mobilise a lot of cash quickly in a crisis. Additional reporting: Megan Murphy in Washington ... ... to mobilise a lot of cash quickly in a crisis. Additional reporting: Megan Murphy in Washington ... ... on people returning from west Africa, a sentiment that was echoed by a senior Obama administration official who said that “action beyond what we’ve already done might be counter-productive, and n ...
Fri, 24 Oct 2014 15:41:47 GMT

Retail Amp Consumer
P&G to sell off Duracell battery business
Chief executive seeks to give company greater focus
... ember that were down $1bn from a year ago. Its sales of $20.7bn were slightly lower than last year. ... ... ember that were down $1bn from a year ago. Its sales of $20.7bn were slightly lower than last year. ... ... ember that were down $1bn from a year ago. Its sales of $20.7bn were slightly lower than last year. ... ... e form of its exit from the battery business, although “P&G’s current preference is a split-off of the Duracell business into a standalone company”. Mr Lafley said: “It’s a business with ...
Fri, 24 Oct 2014 12:24:43 GMT

Management
Three generations in one office
How do millennial, Generation X and baby-boomer colleagues feel about their jobs?
... ries of questions [on email] from 14 of his colleagues.” emma.jacobs@ft.com Twitter: @emmavj ... ... ries of questions [on email] from 14 of his colleagues.” emma.jacobs@ft.com Twitter: @emmavj ... ... ries of questions [on email] from 14 of his colleagues.” emma.jacobs@ft.com Twitter: @emmavj ... ... t holiday to Turkey without his client knowing he was away it also means he is never able to switch off. It also multiplies the workload. “I’m on this deal at the moment. Historically I would have ...
Thu, 23 Oct 2014 11:57:00 GMT

Telecoms
Nokia’s broadband gamble pays off
Company reports first year-on-year sales rise in more than three years
... roceeds of the sale of the devices business, as Nokia paid dividends and started share repurchasing. ... ... roceeds of the sale of the devices business, as Nokia paid dividends and started share repurchasing. ... ... roceeds of the sale of the devices business, as Nokia paid dividends and started share repurchasing. ... ... e on telecoms equipment following the sale of its handset division to Microsoft last year is paying off, reporting its first year-on-year sales increase in more than three years in the third quarter. ...
Thu, 23 Oct 2014 07:09:03 GMT

Technology
Facebook pays minimal UK tax
Social networking site avoids British taxman by basing European HQ in Dublin
... anies, including Facebook, Google and Apple, will have until 2020 to make alternative arrangements. ... ... anies, including Facebook, Google and Apple, will have until 2020 to make alternative arrangements. ... ... anies, including Facebook, Google and Apple, will have until 2020 to make alternative arrangements. ... ... loyees had received shares worth tens of millions of pounds. Facebook employed 172 staff at its UK offices, who saw a pay rise last year, when they earned £40.8m compared with £21m in 2012. Faceboo ...
Wed, 22 Oct 2014 18:28:51 GMT

Financial Services
Payoff pokes fun at financial world
Peer-to-peer start-up aims to disrupt the lending market
... ilding on our suite of products and services over time to restore humanity to financial services.” ... ... ilding on our suite of products and services over time to restore humanity to financial services.” ... ... ilding on our suite of products and services over time to restore humanity to financial services.” ... ... e attracted professional investors such as hedge funds and asset managers into the market. When Payoff begins operations not a single retail investor will be involved, though Mr Saunders says he hope ...
Wed, 22 Oct 2014 11:48:51 GMT



Results for news from the Financial Times with keyword FELCOR, LESS-IS-MORE PAYS OFF
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Wall Street Journal


Results for news from the Wall Street Journal with keyword FELCOR, LESS-IS-MORE PAYS OFF
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Commercial Real Estate
Long Island City Is the Latest Hot Spot for office Real Estate
Real-estate players long focused on Manhattan’s office market have turned their attention to Long Island City, betting on rising office rents as tenants look for low-cost alternatives in the Queens neighborhood.
... ront,” Mr. Elder said. “You’ve got a great base of labor that is very close by.” ... ... ront,” Mr. Elder said. “You’ve got a great base of labor that is very close by.” ... ... ront,” Mr. Elder said. “You’ve got a great base of labor that is very close by.” ... ... tial use. Residential growth in Long Island City and places like neighboring Astoria could help the office market. The trend is for people to live closer to where they work, Mr. Elder said. “You’v ...
Sun, 30 Nov 2014 22:16:42 EST

U S News
Cities Scale Back Limits on Sex offenders
A growing number of communities are scaling back limits on where sex offenders can live, citing concerns that buffer zones don’t prevent repeat offenses and may make sex offenders harder to track.
... ther towns in the state that have them.” Write to Ashby Jones at ashby.jones@wsj.com ... ... ther towns in the state that have them.” Write to Ashby Jones at ashby.jones@wsj.com ... ... ther towns in the state that have them.” Write to Ashby Jones at ashby.jones@wsj.com ... ... ouncil members. The issue was reopened by some townspeople several months ago ,when a convicted sex offender moved across the street from a school for children with special needs. But the council didn ...
Sun, 30 Nov 2014 18:37:59 EST

Business
'Penguins' Trail 'Hunger Games' at the Box office
‘Penguins of Madagascar,’ the latest release from DreamWorks Animation, grossed an estimated $36 million over the five-day holiday weekend, landing in second place behind ‘Hunger Games.’
... locations since opening Friday. Write to Erich Schwartzel at erich.schwartzel@wsj.com ... ... locations since opening Friday. Write to Erich Schwartzel at erich.schwartzel@wsj.com ... ... locations since opening Friday. Write to Erich Schwartzel at erich.schwartzel@wsj.com ... ... siness, though. It grossed $26 million in third place for a $167 million total so far. In other box-office news, two movies about British geniuses passed the test in limited release. “The Theory of ...
Sun, 30 Nov 2014 15:19:12 EST

Abreast Of The Market
Even After Selloff, Energy Stocks Find Few Buyers
Abreast of the Market: Energy stocks are on sale following a five-month plunge in crude oil, but so far few investors are heeding the temptation to bargain-hunt.
... prices, paring its gains for the year. —Rob Copeland contributed to this article. ... ... prices, paring its gains for the year. —Rob Copeland contributed to this article. ... ... prices, paring its gains for the year. —Rob Copeland contributed to this article. ... ... ing to Dealogic. That is about twice the $622 billion the industry borrowed from 1995 through 2008. offshore oil driller Energy XXI Ltd. has been a ...
Sun, 30 Nov 2014 15:09:16 EST

U S News
officer in Ferguson Shooting Resigns
Darren Wilson, the white Ferguson police officer who shot to death a black teen last summer and avoided criminal prosecution this week has resigned from the police force.
... Kesling contributed to this article. Write to Matthew Dolan at matthew.dolan@wsj.com ... ... Kesling contributed to this article. Write to Matthew Dolan at matthew.dolan@wsj.com ... ... Kesling contributed to this article. Write to Matthew Dolan at matthew.dolan@wsj.com ... ... view this week, Mr. Wilson maintained his innocence, saying he knows he did his job correctly. City officials had no immediate comment on the resignation following Mr. Wilson’s administrative leave ...
Sat, 29 Nov 2014 22:01:42 EST

Middle East News
Bahrain Votes in Runoff Election
Bahraini voters returned to the polls for a runoff election—boycotted by the opposition—for the tiny island nation’s first new parliament since widespread Arab Spring-inspired protests nearly four years ago.
... pper house are appointed by King Hamad bin Isa Al Khalifa. ... ... pper house are appointed by King Hamad bin Isa Al Khalifa. ... ... pper house are appointed by King Hamad bin Isa Al Khalifa. ... ... MANAMA, Bahrain–-Bahraini voters returned to the polls Saturday for a runoff election—boycotted by the opposition—for the tiny island nation’s first new parliament sin ...
Sat, 29 Nov 2014 08:43:52 EST

Business
U.S. officials Chase Fake Goods Online
ICE and U.S. Customs agents are trying to crack down on counterfeit goods, but that trade has moved online where goods are shipped directly to consumers.
... t label with a badge of honor.” Write to Erica E. Phillips at erica.phillips@wsj.com ... ... t label with a badge of honor.” Write to Erica E. Phillips at erica.phillips@wsj.com ... ... t label with a badge of honor.” Write to Erica E. Phillips at erica.phillips@wsj.com ... ... ack Friday,” she said. Ms. Rivera said her store sells Chinese-made women’s shoes, but no knock-offs. “Everyone knows there’s undercover police” in the area, she said. Mr. Arnold of ICE says ...
Sat, 29 Nov 2014 00:14:37 EST

Asia News
Protests May Target Hong Kong offices
Students at the helm of the Hong Kong pro-democracy demonstrations say they are considering moving from the streets to government buildings.
... to Isabella Steger at isabella.steger@wsj.com and Chester Yung at chester.yung@wsj.com ... ... to Isabella Steger at isabella.steger@wsj.com and Chester Yung at chester.yung@wsj.com ... ... to Isabella Steger at isabella.steger@wsj.com and Chester Yung at chester.yung@wsj.com ... ... Police officers tell the protesters not to push after the protesters tried to break into the Legislative Co ...
Thu, 27 Nov 2014 23:27:00 EST

Business
Icahn offers Loan to Trump Entertainment
Investor Carl Icahn has agreed to provide $5 million in financing to see casino operator Trump Entertainment Resorts Inc. through the coming months as it tries to emerge from bankruptcy.
... ve his name removed from the properties. Write to Peg Brickley at peg.brickley@wsj.com ... ... ve his name removed from the properties. Write to Peg Brickley at peg.brickley@wsj.com ... ... ve his name removed from the properties. Write to Peg Brickley at peg.brickley@wsj.com ... ... rump Taj Mahal remains up in the air as the company continues to talk with the union and New Jersey officials. Trump Entertainment is the successor to a gambling and hotel empire founded by Donald Tru ...
Wed, 26 Nov 2014 13:55:00 EST

Commercial Real Estate
New York office Towers Pop Up Despite Sluggish Market
Developers are planning new Manhattan office buildings at the fastest rate in two decades despite sluggish demand for space, a gamble that tenants will favor gleaming new skyscrapers.
... t need stuff on the bookshelf anymore.” Write to Eliot Brown at eliot.brown@wsj.com ... ... t need stuff on the bookshelf anymore.” Write to Eliot Brown at eliot.brown@wsj.com ... ... t need stuff on the bookshelf anymore.” Write to Eliot Brown at eliot.brown@wsj.com ... ... Barry Brooks, the firm’s partner who oversees the New York office: smaller private offices, a law library with far fewer books and a records department 15% of its former size, thanks ...
Tue, 25 Nov 2014 17:03:00 EST

Technology
Amazon offers Help Finding Local Handymen
Amazon.com has introduced a service in three cities aimed at connecting customers to local service providers like plumbers and electricians. Shoppers would see contractors’ offers after buying items.
... las MacMillan at douglas.macmillan@wsj.com and Greg Bensinger at greg.bensinger@wsj.com ... ... las MacMillan at douglas.macmillan@wsj.com and Greg Bensinger at greg.bensinger@wsj.com ... ... las MacMillan at douglas.macmillan@wsj.com and Greg Bensinger at greg.bensinger@wsj.com ... ... Amazon aims to distinguish itself by offering a money-back guarantee on services rendered by its contractor partners, according to a docu ...
Tue, 25 Nov 2014 09:58:40 EST

Earnings
Splunk Operating Expenses Surge, offsetting Broad Revenue Growth
Analytics company Splunk recorded higher operating expenses in the third quarter as it released new versions of its core products, offsetting broad revenue growth.
... a high of $106.15 in late February. Write to Maria Armental at maria.armental@wsj.com ... ... a high of $106.15 in late February. Write to Maria Armental at maria.armental@wsj.com ... ... a high of $106.15 in late February. Write to Maria Armental at maria.armental@wsj.com ... ... ed higher operating expenses in the third quarter as it released new versions of its core products, offsetting broad revenue growth. For the current quarter, the San Francisco company forecast revenue ...
Thu, 20 Nov 2014 16:51:00 EST

A-hed
House Flipping: U.S. Representatives Scramble for Prime office Space
WASHINGTON—Newly elected Republican Rep. Tom MacArthur of New Jersey approached the hearing room dais, rubbed his bald head for luck, reached into the mahogany box and pulled out a token bearing the number 47. He grinned painfully.
... re gonna make it home,” he said. ... ... re gonna make it home,” he said. ... ... re gonna make it home,” he said. ... ... emocrat who will be moving to better quarters. Three hours later, Mr. MacArthur chose room 506—an office on the “Middlers” list, with the top of the Capitol dome visible from the window. “We ...
Thu, 20 Nov 2014 00:44:10 EST

Digits
Facebook Wants to Move Into the office
Facebook plans to launch "Facebook at Work," in January, an effort to redefine workplace collaboration that will challenge entrenched rivals like Microsoft, Google and a slew of newcomers. The Menlo Park, Calif., social network plans to launch “Faceb
... es as “Completely Unacceptable.” ... ... es as “Completely Unacceptable.” ... ... es as “Completely Unacceptable.” ... ... e in the enterprise requires deep and complex capabilities that aren’t required in a consumer offering,” said Forrester Research analyst Rob Koplowitz in an email. “It can also be a tough, l ...
Mon, 17 Nov 2014 15:25:33 EST

Digits
Reddit Investor on CEO Resignation: ‘We Were Caught off Guard’
Reddit said its CEO Yishan Wong has abruptly resigned, apparently over a dispute involving office space.
... en’s job to lose,” Ohanain said. ... ... en’s job to lose,” Ohanain said. ... ... en’s job to lose,” Ohanain said. ... ... ny was “caught off guard” by Wong’s resignation. According to Altman, Wong wanted to move the office to Daly City, Calif., and spend more money than the board was comfortable with. Wong, who bec ...
Thu, 13 Nov 2014 17:47:14 EST

Digits
Uber to offer Free Rides in Israel for a Weekend
The app-based car service Uber, fighting against regulations that have hampered its offerings in Israel, said Tuesday that it would offer free peer-to-peer cab rides in the country this coming weekend.
... of help taxi industry in Israel.” ... ... of help taxi industry in Israel.” ... ... of help taxi industry in Israel.” ... ... e “volunteers that have been trained by the company’s representatives.” “We’ve decided to offer this one-time service for 48 hours so that the public could try peer-to-peer transportation, f ...
Wed, 12 Nov 2014 12:19:39 EST

Business
Apax Partners, Bain Capital Make offer for PT Portugal
Private-equity firms Apax Partners and Bain Capital have joined forces and made a binding offer to buy PT Portugal from its Brazilian owner Oi, a move that could spark a bidding war with rival suitor Altice SA.
... Ruth Bender at Ruth.Bender@wsj.com ... ... Ruth Bender at Ruth.Bender@wsj.com ... ... Ruth Bender at Ruth.Bender@wsj.com ... ... es in Brazil. TIM has a market value of 30 billion Brazilian reais ($11.7 billion) and the combined offer of the three companies is likely to be “slightly above this value,” one of the people said ...
Wed, 12 Nov 2014 11:48:41 EST

Digits
Microsoft Is Giving Away Its office 365 Mobile Apps
In a significant strategy shift, Microsoft is aiming to maximize users over dollars with its office franchise, traditionally a cash cow for the company.
... pps also will be free for most uses. ... ... pps also will be free for most uses. ... ... pps also will be free for most uses. ... ... rs have panned as awkward and buggy. Microsoft also will introduce in coming months versions of its office apps for Android tablets for the first time. Those apps also will be free for most uses. ...
Thu, 06 Nov 2014 22:51:42 EST

Digits
Deals Site LivingSocial Lays off 20% of Staff
Daily-deals company LivingSocial, once thought to be on a fast track to an initial public offering, is cutting 20% of its staff and closing a Southern California sales office.
... y and it is looking to sell a stake. ... ... y and it is looking to sell a stake. ... ... y and it is looking to sell a stake. ... ... ., office. LivingSocial, like its chief rival Groupon, has worked to reduce its reliance on emailed offers in favor of longer-term deals. But it has failed to keep pace with Groupon, which went public ...
Thu, 06 Nov 2014 13:47:59 EST

Digits
NSA Director offers Olive Branch in Silicon Valley Speech
National Security Agency Director Michael Rogers said Monday that he understands why Silicon Valley companies have beefed up security to keep out government agencies, including his own.
... he asked them to come work with him. ... ... he asked them to come work with him. ... ... he asked them to come work with him. ... ... ng pitch, acknowledged he can’t pay these students as much as Facebook or Twitter, but he can offer them “something that’s bigger than you are.” There are also the cool spy toy ...
Tue, 04 Nov 2014 00:05:19 EST

Personal Tech News
Microsoft Gives office 365 Subscribers Unlimited Cloud Storage
By Wilson Rothman Microsoft's is offering unlimited cloud storage to all of its office 365 subscribers, doing away with data caps and pricing tiers as it amps up the storage fight with Google, Dropbox and others.That's not to say it's free—an indivi
... eally Need Microsoft Office Anymore? ... ... eally Need Microsoft Office Anymore? ... ... eally Need Microsoft Office Anymore? ... ... 365 for Business customers will see this roll out in 2015. Read more: Do You Really Need Microsoft office Anymore? ...
Mon, 27 Oct 2014 13:54:39 EDT

Markets
Fund Manager's Combative Style pays off
Corvex’s Keith Meister, the onetime right-hand man of Carl Icahn, is earning a reputation of his own as an activist investor.
... , which borrowed money for share buybacks when Mr. Meister was on its board. ADT shares have f ... ... , which borrowed money for share buybacks when Mr. Meister was on its board. ADT shares have f ... ... , which borrowed money for share buybacks when Mr. Meister was on its board. ADT shares have f ... ... familiar with the fund. The burgeoning war chest has the ex-Harvard University strong safety on the offensive. His latest salvo this month was a public attack on wireless tower operator ...
Mon, 27 Oct 2014 03:16:58 EDT

Media Marketing
ABC Quick off the Mark in Fall Ratings Race
The fall television season is barely out of the gate, but ABC has already earned some bragging rights.
... ritz contributed to this article. ... ... ritz contributed to this article. ... ... ritz contributed to this article. ... ... 21st Century Fox, is off 17% at 5.9 million. “You are seeing more of a bump on our shows than anybody else’s,” sai ...
Mon, 27 Oct 2014 00:44:54 EDT

Markets
Manager's Combative Style pays off
Keith Meister takes things personally.
... lock step with the broader market. ... ... lock step with the broader market. ... ... lock step with the broader market. ... ... , or leverage, to amplify its bets, and Mr. Meister frequently places bearish wagers both to profit off weak companies and to prevents his fund from moving in lock step with the broader market. ...
Mon, 27 Oct 2014 00:43:09 EDT

Digits
Southeast Asia E-commerce Startup Zalora Opens First offline Shop
Amazon may be planning to open a brick and mortar shop in New York City, but Southeast Asia fashion e-commerce startup Zalora has beaten them to the punch in Singapore.
... of engaged shoppers,” he said. ... ... of engaged shoppers,” he said. ... ... of engaged shoppers,” he said. ... ... s localized websites for Singapore, Malaysia, Indonesia, Thailand, the Philippines, and Vietnam and offers clothing, shoes and accessories from a variety of international brands. Much like British onl ...
Thu, 23 Oct 2014 01:11:42 EDT

Technology
Twitter to offer New Tools for App Developers
Twitter, at its first developer conference in four years, is expected to announce on Wednesday a suite of tools to make it easier for programmers to build apps, according to people familiar with the matter.
... e to Yoree Koh at yoree.koh@wsj.com ... ... e to Yoree Koh at yoree.koh@wsj.com ... ... e to Yoree Koh at yoree.koh@wsj.com ... ... eetbot—they were enough of a change that it put the wider ecosystem on edge. “They kind of laid off a part of the community,” said Kazuho Okui, the founder of Echofon, an early Twitter client no ...
Mon, 20 Oct 2014 00:30:15 EDT

Markets
Blackstone Shrugs off Market Volatility
Blackstone shrugged off the past week’s market volatility, signaling a continued ability to sell off investments and put billions of dollars of additional money to work.
... ike Spector at mike.spector@wsj.com ... ... ike Spector at mike.spector@wsj.com ... ... ike Spector at mike.spector@wsj.com ... ... could help the firm fetch higher prices for companies it owns in direct sales as opposed to public offerings, Blackstone executives said. “We’re not hostages of the stock market,” Mr. Schwarzm ...
Thu, 16 Oct 2014 13:29:00 EDT

Business
BHP Billiton to List Spinoff
Mining giant BHP Billiton has bowed to investor pressure and decided to pursue a secondary listing in London for a new spinoff company that it plans to create from its less-favored assets.
... lexis Flynn at alexis.flynn@wsj.com ... ... lexis Flynn at alexis.flynn@wsj.com ... ... lexis Flynn at alexis.flynn@wsj.com ... ... ch note on Thursday. BHP’s London-listed shares have fallen nearly 20% since it announced its spinoff plan, amid a sharp fall in commodity prices. Mr. Mackenzie said on Thursday that a final decisio ...
Thu, 16 Oct 2014 10:19:54 EDT

U S News
Dallas officials Warn More Ebola Cases Could Be Coming
Dallas officials warned that there could be more cases of Ebola in coming days, after a second health-care worker tested positive for the virus according to state officials.
... Bustillo at miguel.bustillo@wsj.com ... ... Bustillo at miguel.bustillo@wsj.com ... ... Bustillo at miguel.bustillo@wsj.com ... ... Jenkins, the county’s top elected official, pleaded Wednesday for people to support the hospital’s health-care workers, who are now ...
Thu, 16 Oct 2014 01:59:37 EDT

NY Jets
Is This the Worst Jets offense Ever?
Heading into Thursday’s game against New England, the Jets rank 30th in the NFL in both points and yards per game. Is this the worst offense the Jets franchise has ever put on the field? Here’s a look.
... jettisoned the following off-season. ... ... jettisoned the following off-season. ... ... jettisoned the following off-season. ... ... one in Jets history that reached similar levels of futility. Edwards was jettisoned the following off-season. ...
Thu, 16 Oct 2014 01:08:45 EDT

Soccer
Drone Stops Play in Albania-Serbia Soccer Face-off
A European Championship qualifying soccer match between Serbia and Albania came to an abrupt end on Tuesday evening after a drone flying an Albanian nationalist banner buzzed the stadium in Belgrade.
... Robinson at joshua.robinson@wsj.com ... ... Robinson at joshua.robinson@wsj.com ... ... Robinson at joshua.robinson@wsj.com ... ... tement on Twitter Wednesday morning. “I strongly condemn what happened in Belgrade last night.” officials had already identified the potential for disruption around the game, with Albania fans urg ...
Thu, 16 Oct 2014 00:02:21 EDT

Digits
Alipay Mobile App to offer Car Rental Service
For the past year, Alibaba's Alipay electronic payment service has transformed into a mobile payment tool that allows smartphone users to pay for all kinds of services offered by both online and brick-and-mortar businesses.
... with high credit ratings,  Zhu said. ... ... with high credit ratings,  Zhu said. ... ... with high credit ratings,  Zhu said. ... ... this,” said Zhu Haiwei, a product manager for Zhejiang Ant. Alipay Wallet could, for example, offer hotel booking and apartment rental services, giving some advantages to users with high credit ...
Wed, 15 Oct 2014 04:34:27 EDT

The Count
College Football Playoff Still Leaves Little Room at Top
If the history of the Associated Press college-football poll is any indication, cracking the top four remains an exclusive club.
... ... ... ... ... ... ... The inaugural season of the College Football Playoff brings with it the notion that more schools will be in the mix for the national title. While it ...
Wed, 15 Oct 2014 00:33:22 EDT

Technology
Yahoo to Shut Jordan office, Cut 80 Jobs
The Internet portal is closing its Amman, Jordan, office as part of a broader effort to cut costs overseas.
... Millan at douglas.macmillan@wsj.com ... ... Millan at douglas.macmillan@wsj.com ... ... Millan at douglas.macmillan@wsj.com ... ... in Gentzel, the former chief revenue officer at the Washington Post, will report to Yahoo’s head of Americas, ...
Tue, 14 Oct 2014 16:14:45 EDT

Media Marketing
Condé Nast to Lay off 70 to 80 Employees
Magazine publisher Condé Nast is expected to lay off 70 to 80 employees within the next week or two, primarily from the group that oversees ad sales, according to people familiar with the matter.
... d website under one management team. ... ... d website under one management team. ... ... d website under one management team. ... ... he New Yorker, employs approximately 1,000 in its corporate offices in New York, which means the layoffs represent less than 10% of that workforce. Since this summer, Condé Nast has taken a number of ...
Tue, 14 Oct 2014 15:56:14 EDT

European Business News
Daimler Chucks off Cash
Daimler threw off more cash in the third quarter than expected as the German automotive group benefited from strong sales growth and improving profitability at its Mercedes-Benz cars division.
... hadevan at neetha.mahadevan@wsj.com ... ... hadevan at neetha.mahadevan@wsj.com ... ... hadevan at neetha.mahadevan@wsj.com ... ... 10/14/14 Daimler Chucks off Cash as Car... 10/13/14 Automobile Sales Gains Slow in... 10/10/14 Tesla ...
Tue, 14 Oct 2014 08:47:52 EDT

Latin America News
Earthquake Strikes off Coast of Central America
A magnitude-7.4 underwater earthquake off the Pacific coast of El Salvador shakes several Central American countries.
... picenter, had no reports of victims. ... ... picenter, had no reports of victims. ... ... picenter, had no reports of victims. ... ... e, according to the U.S. Geological Survey. It had a depth of 70.5 kilometers. Along with a smaller offshore quake, it shook the southern coast and interior of the region from Guatemala to Costa Rica, ...
Tue, 14 Oct 2014 07:48:33 EDT



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