24-Oct-2012 16:06

Greece 'to get bailout extension' :: Greece's Finance Minister, Yiannis Stournaras, says the country has been given more time to hit bailout targets.
url: http://www.bbc.co.uk/news/business-20070260#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa

Peugeot secures government funds :: Carmaker Peugeot Citroen is asked to scale back planned job cuts after securing a 7bn euros state guarantee for its finance division, Banque PSA Finance.
url: http://www.bbc.co.uk/news/business-20054391#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa

Facebook Shares Leap 22% At Open After Beating Analyst Estimates :: <div class="field field-name-field-images field-type-entityreference field-label-hidden"><div class="field-items"><div class="field-item even"> </div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>Shares of Facebook (Nasdaq: FB), the No. 1 social networking site, soared 23 percent at the opening of Wednesday trading after reporting third-quarter results that exceeded estimates.</p><p>In early trading, Facebook shares rose $4.32 to $23.82. They were priced at $39 in their initial public offering on May 17.</p><p>As well, Citi Research analyst Mark Maheny upgraded his recommendation on Facebook shares to "buy" from "hold" after listening to CEP Mark Zuckerberg Tuesday night explain growth for the company.</p></div></div></div>
url: http://www.ibtimes.com/facebook-shares-leap-22-open-after-beating-analyst-estimates-853003

Santiago: S. America's Silicon Valley? :: url: http://rss.cnn.com/~r/rss/edition_business/~3/PQril3Oxnso/index.html

Huggies nappies ditched in Europe :: Kimberly-Clark is to stop making and selling Huggies nappies in most of Europe and is closing its Barton plant near Hull.
url: http://www.bbc.co.uk/news/business-20068925#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa

SocGen rogue trader loses appeal :: Former Societe Generale trader Jerome Kerviel loses his appeal against a five-year prison sentence for forgery and breach of trust, handed down in 2010.
url: http://www.bbc.co.uk/news/business-20067510#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa

£1.6bn North Sea oil bid approved :: A £1.6bn plan to extend the life of North Sea oil fields has been approved by the UK government.
url: http://www.bbc.co.uk/news/uk-scotland-scotland-business-20067255#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa

Lap Dances Ruled Non-Tax Exempt By New York State Supreme Court :: <div class="field field-name-field-images field-type-entityreference field-label-hidden"><div class="field-items"><div class="field-item even"> </div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>Though a select few feel strongly that there is no act more sacred than the lap dance, that select few does not include the New York Supreme Court, who ruled in a 4-3 majority decision Tuesday that lap dances do not qualify for the same tax exemption as other "dramatic or musical arts performances" do, like a Madonna concert or a Broadway show, <a rel="nofollow" target="_blank" href="http://www.nytimes.com/2012/10/24/nyregion/new-york-court-upholds-the-taxation-of-lap-dances.html?_r=0">according to The New York Times</a>.</p></div></div></div>
url: http://www.ibtimes.com/lap-dances-ruled-non-tax-exempt-new-york-state-supreme-court-852966

VIDEO: New food labelling system agreed :: A new system of front-of-pack food labelling will be introduced in the UK next year, the government says
url: http://www.bbc.co.uk/news/health-20054005#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa

Bus Driver Uppercut Incident Results In Criminal Charges For Both Artis Hughes And Shidea Lane :: <div class="field field-name-field-images field-type-entityreference field-label-hidden"><div class="field-items"><div class="field-item even"> </div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p> </p><p>A highly publicized incident between Shi'dea Lane who received an uppercut to the face from Cleveland bus driver Artis Hughes has resulted in criminal charges for both parties.</p><p><a rel="nofollow" target="_blank" href="http://fox8.com/2012/10/22/rta-driver-accused-of-assaulting-passenger-turns-self-in/">According to Fox8</a>, 59-year-old Hughes surrendered to Beachwood police on Monday after being accused of assaulting Lane, 25, on the bus. Hughes faced a misdemeanor along with suspension from the Greater Cleveland Regional Transit Authority (RTA) without pay. Lane was charged with disorderly conduct.</p></div></div></div>
url: http://www.ibtimes.com/bus-driver-uppercut-incident-results-criminal-charges-both-artis-hughes-shidea-lane-852969

Airbnb confirms big funding rumor with $117 million round :: url: http://feedproxy.google.com/~r/OmMalik/~3/1ae_SblBz8E/

Ford plans to shut Belgian plant :: US car giant Ford says it has begun consultations over closing its factory at Genk in Belgium with the loss of 4,300 jobs.
url: http://www.bbc.co.uk/news/business-20054924#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa

EUR/USD at Short-term Trendline Support :: <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><div style="font-family: Arial,Helvetica,sans-serif; color: #fd6200; font-size: 16px; font-weight: bold;"><strong>Forex Technical Update</strong></div><p>Previous: <a rel="nofollow" target="_blank" href="http://www.fxtimes.com/technical-updates/eurusd-remains-at-the-crossroad/" target="_blank" title="EUR/USD Remains at the Crossroad (10/23)">EUR/USD Remains at the Crossroad (10/23)</a></p><p><strong><a class="glossary-link" rel="nofollow" target="_blank" href="http://www.fxtimes.com/glossary/eur/" rel="help" target="_blank" title="EUR. Short for Euro.">EUR</a>/USD 1H Chart 10/24/2012 8:25AM EDT</strong></p></div></div></div>
url: http://www.ibtimes.com/eurusd-short-term-trendline-support-852967

Council equal pay appeal bid lost :: A total of 174 ex-Birmingham City Council workers can go ahead with compensation claims over missed bonuses after the council loses its appeal.
url: http://www.bbc.co.uk/news/uk-england-birmingham-20054049#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa

France's rogue trader goes to prison :: url: http://rss.cnn.com/~r/rss/edition_business/~3/1DKCTvGUd6o/index.html

Cloudera makes SQL a first-class citizen in Hadoop :: url: http://feedproxy.google.com/~r/OmMalik/~3/JbEMWRKg55I/

Metamarkets open sources Druid, its in-memory database :: url: http://feedproxy.google.com/~r/OmMalik/~3/-KbN4z7QC4w/

Obama Divorce Papers Could Be Donald Trump's Announcement For Wednesday :: <div class="field field-name-field-images field-type-entityreference field-label-hidden"><div class="field-items"><div class="field-item even"> </div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>Donald Trump's "very big" announcement he has been touting all week regarding U.S. President Barack Obama could be presenting Obama divorce papers filed years ago, according to a colleague of Trump.</p><p>Douglas Kass, a Florida investor and frequent guest on CNBC's "Squawkbox," said Trump has unearthed the divorce papers between First Lady Michelle Obama and the President. Kass tweeted on Tuesday to his then-48,000 followers that somehow Trump got his hands on the divorce filings and will show them to the world Wednesday for the big announcement.</p></div></div></div>
url: http://www.ibtimes.com/obama-divorce-papers-could-be-donald-trumps-announcement-wednesday-852964

The Energy Report - The World is Falling Apart! :: <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>Wow, I miss one day and the world falls apart! Yesterday I was honored to speak at Loyola's Women of Wisdom event and when my speech was over my voicemail was overflowing.  It seems that every time I miss a day some catastrophe strikes the world.  So if President Obama is right that when he took office the low gas price was a sign of economic doom the biggest gasoline price drop in history probably does bode well for his reelection.</p></div></div></div>
url: http://www.ibtimes.com/energy-report-world-falling-apart-852962

AT&T Earnings Beat Estimates On Record Smartphone Sales :: <div class="field field-name-field-images field-type-entityreference field-label-hidden"><div class="field-items"><div class="field-item even"> </div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>AT&amp;T Inc. (NYSE: T), the No. 1 telecommunications carrier, reported third-quarter net income that narrowly exceeded estimates because more mobile customers signed up for long-term contracts than expected.</p><p>The Dallas-based carrier said net income rose slightly to $3.64 billion, or 63 cents a share, from $3.63 billion, or 61 cents a year ago. Revenue eased slightly to $31.5 billion. The report beat estimates of analysts polled by Thomson Reuters by a penny.</p></div></div></div>
url: http://www.ibtimes.com/att-earnings-beat-estimates-record-smartphone-sales-852963