Fed should not raise interest rates just yet: China Finmin

[Buzz_Burner_Fresh_Updates] Fed should not raise interest rates just yet: China Finmin – reuters.com SHANGHAI (Reuters) – Now is not the right time for the United States to raise interest rates, given the global economic situation, China’s Finance Minister Lou Jiwei said in an interview published in the China Business News on Monday. Continue Reading On […]

“The Walking Dead” Producer on Season 6: Nobody is Safe

[Buzz_Burner_Fresh_Updates] “The Walking Dead” Producer on Season 6: Nobody is Safe – foxbusiness.com Season 6 of the post-apocalyptic zombie series is set to debut Sunday and executive producer David Alpert offered FOX Business Network’s Stuart Varney a glimpse into what to expect. Continue Reading On foxbusiness.com »  

Deutsche Bahn plans thousands of job cuts in overhaul: sources

[Buzz_Burner_Fresh_Updates] Deutsche Bahn plans thousands of job cuts in overhaul: sources – reuters.com BERLIN (Reuters) – German rail operator Deutsche Bahn has plans to introduce radical savings measures, including cutting thousands of jobs, especially in its freight business, sources familiar with the plans told Reuters on Thursday. Continue Reading On reuters.com »  

Yum's China missteps amplify calls for spinoff, other change

[Buzz_Burner_Fresh_Updates] Yum's China missteps amplify calls for spinoff, other change – reuters.com LOS ANGELES (Reuters) – Yum Brands Inc’s disappointing results from restaurants in China including KFC and Pizza Hut add new pressure on Chief Executive Greg Creed to make swift changes to the business that is its main driver of sales and profit, analysts […]

JPMorgan buys more mortgages from other lenders as market shrinks

[Buzz_Burner_Fresh_Updates] JPMorgan buys more mortgages from other lenders as market shrinks – reuters.com NEW YORK (Reuters) – JPMorgan Chase & Co, looking to stem falling revenue in its mortgage business as fewer Americans refinance, is increasingly buying loans from smaller lenders, a practice that competitors including Bank of America view as risky. Continue Reading On […]

Renault-Nissan discuss new structure to counter French control: Nikkei

[Buzz_Burner_Fresh_Updates] Renault-Nissan discuss new structure to counter French control: Nikkei – reuters.com TOKYO (Reuters) – Renault SA and Nissan Motor Co have entered discussions to reorganize their capital alliance structure in a bid to water down Paris’s control of the French automaker, the Nikkei business daily reported on Wednesday. Continue Reading On reuters.com »  

Bombardier says no longer in talks with Airbus

[Buzz_Burner_Fresh_Updates] Bombardier says no longer in talks with Airbus – reuters.com WASHINGTON (Reuters) – Canada’s Bombardier Inc on Tuesday said it had held talks with European planemaker Airbus about “certain business opportunities,” but those discussions were no longer under way. Continue Reading On reuters.com »  

American Apparel seeks fashion revival under bankruptcy plan

[Buzz_Burner_Fresh_Updates] American Apparel seeks fashion revival under bankruptcy plan – reuters.com CHICAGO (Reuters) – American Apparel Inc plans to revamp its struggling fashion business under a restructuring plan that would give ownership to the Standard General hedge fund, which rescued RadioShack earlier this year, lawyers said at a hearing on Tuesday. Continue Reading On reuters.com […]