Financial news on December 17, 2011
Business and Financial news
Legions of veterans have a harder time finding work than other people their age, a situation officials say will worsen in coming years. Read more..
Alina Tugend Shortcuts column surveys the varied rental industry, noting people can rent such items as toys, tools, designer handbags and even Christmas trees. Read more..
Sturgeon farms are ramping up in countries as divergent as China, Spain and the United Arab Emirates, hoping to change the dynamics of caviar, popularizing the product while expanding production and sales; they are starting to fill the void left by the depleted stock of wild beluga and other species of sturgeon from the Caspian Sea, the traditional source of caviar. Read more..
Comcast’s chief executive, Brian L Roberts, will pay a $500,000 civil penalty for failing to notify antitrust authorities before acquiring voting securities as part of his compensation package. Read more..
The U.S. government’s Consumer Price Index was unchanged in November, and the 12-month inflation rate fell for the second consecutive month. Read more..
BP says Cameron International, a contractor on the Gulf of Mexico oil well that exploded in 2010, agrees to settle claims related to the ensuing spill. Read more..
Paul Sullivan Wealth Matters column observes with so many financially stressed in 2011, the year-end expectations for gifts or donations require new calculations; describes what experts say about the ethics of giving (and refusing). Read more..
Ireland’s economy contracted by 1.9 percent in the third quarter, as global economic turmoil dented export growth. Read more..
School districts across the country are imposing strict new guidelines that ban private conversations between teachers and their students on cellphones and online platforms. Read more..
In this week’s podcast: Sarah Wheaton and Jonathan Ellis of The New York Times discuss the new Election 2012 app for the iPhone and Pedro Rafael Rosado takes a look at AirPlay gear for wirelessly streaming media. Read more..