Category: Business News

Judge Strikes Down NYC’s Gruesome Tobacco Ads

U.S. District Judge Jed S. Rakoff handed a victory to the nation’s three largest tobacco manufacturers and the retailers who sell their products when he ruled on the legality of a 2009 city Board of Health code change requiring the display of smoking cessation signs where tobacco products are sold. » E-Mail This     » Add to Del.icio.us NPR Topics: News

VAT rise delays ‘tax freedom’ day

VAT rises mean UK workers will take three days longer this year to earn enough money to cover their taxes, says a think tank. BBC News – Business

Bond market seen firm as year-end approaches (Reuters)

Reuters – U.S. Treasuries debt prices should stay firm into year-end, following a strong seven-year note auction on Wednesday, as investors square books ahead of year-end and prepare for Federal Reserve purchases next week. Yahoo! News: Business News

New leniency for credit card debt

Credit card users will have a better chance of avoiding being surprised by sudden interest rate increases under new rules. BBC News – Business

U.S. blizzard delays $1 billion in holiday sales (Reuters)

Reuters – A blizzard in the U.S. Northeast this weekend postponed about $ 1 billion in holiday retail sales by keeping shoppers out of stores in the days after Christmas, research firm ShopperTrak said on Wednesday. Yahoo! News: Business News

China’s rare earths export cut raises trade concerns (Reuters)

Reuters – China has raised fresh international trade concerns after slashing export quotas on rare earths minerals, risking action from the United States at the World Trade Organization. Yahoo! News: Business News

Futures higher as year-end rally set to continue (Reuters)

Reuters – U.S. stocks index futures rose on Wednesday, indicating stocks were poised to extend a December rally as investors remained optimistic the global economic rebound will continue in 2011. Yahoo! News: Business News