Source: http://feeds.reuters.com/~r/reuters/topNews/~3/XDYSaOPIwhE/us-amazon-idUSTRE80U26X20120201
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Tuesday, 31 January 2012
Amazon spending threatens 1st-quarter profit
SAN FRANCISCO (Reuters) - Amazon.com Inc warned of a possible operating loss in the first quarter following a sharp drop in fourth-quarter profit, a sign that the online retailer will keep spending heavily on expansion at the expense of short-term returns.
A better burger's recipe for success
NEW YORK (Reuters) - As the fast-casual restaurant buzz whets appetites across the nation, the recipe for success is anyone's guess, from Five Guys Burger and Fries to Chipotle and Panera Bread. 
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Ian Abercrombie, Mr. Pitt on "Seinfeld", dies at 77
LOS ANGELES, Jan 29 (TheWrap.com) - Ian Ambercrombie, the classically trained British stage actor best known to American TV audiences as Elaine Benes' nutty boss Mr. Pitt on "Seinfeld," died of a heart attack Thursday in Los Angeles. He was 77.
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Facebook to file $5 billion IPO Wednesday: IFR
NEW YORK (Reuters) - Facebook is expected to submit paperwork to regulators on Wednesday morning for a $5 billion initial public offering and has selected Morgan Stanley and four other bookrunners to handle the mega-IPO, sources close to the deal told IFR. 
Source: http://feeds.reuters.com/~r/reuters/topNews/~3/k-8I0oGCscA/us-facebook-ipo-idUSTRE80U29V20120131
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Iran sanctions "biting" in recent weeks: Petraeus
WASHINGTON (Reuters) - Iran is feeling the bite from economic sanctions imposed over its nuclear program, which is capable of producing a weapon although Iranian leaders have not yet decided to do so, top intelligence chiefs told Congress on Tuesday. 
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Cargo ship sinks off Turkey, 8 crew missing
ANKARA (Reuters) - A dry cargo ship sank off the Black Sea coast of Turkey Tuesday and eight members of the 11-strong Polish crew were missing, Turkish media said. 
Source: http://feeds.reuters.com/~r/reuters/worldNews/~3/InQME7Eb2RA/us-turkey-ship-idUSTRE80U26A20120131
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Authorities probe use of seclusion rooms for disabled
(Reuters) - Federal and state investigators are probing reports that disabled children at a public elementary school in Connecticut were locked in a room to control their behavior or as a punishment, officials said on Tuesday. 
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CIT earnings beat expectations, shares rise
(Reuters) - CIT Group Inc , the business lender led by former Merrill Lynch Chief Executive John Thain, said fourth-quarter net income fell 59 percent, but a decline in problem loans and borrowing... 
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U.S. set for fourth year of $1 trillion-plus deficit: CBO
WASHINGTON (Reuters) - The United States is headed for a fourth straight year with a $1 trillion-plus budget deficit, congressional forecasters said on Tuesday, giving Republicans ammunition to hammer President Barack Obama's spending record in November's elections. 
Source: http://feeds.reuters.com/~r/reuters/topNews/~3/XJTiBRHuLPo/us-usa-budget-idUSTRE80U28820120131
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Maryland governor urges legalization of same-sex marriage
WASHINGTON (Reuters) - Maryland Governor Martin O'Malley urged lawmakers in unusual personal testimony before a legislative committee on Tuesday to approve same-sex marriage in the state, calling it a sign of "equal respect for the freedom of all." 
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Italian shoemaker pays record rent at London store
LONDON (Reuters) - Italian luxury shoemaker Salvatore Ferragamo is close to agreeing a deal to pay a record UK rent at its Bond Street store that will break the 1,000 pounds ($1,576) per square foot mark for the first time, a source familiar with the deal told Reuters. 
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Babette's errant email cripples German parliament
BERLIN (Reuters) - The German parliament's email system was hampered for several hours for more than 4,000 staffers and deputies when hundreds of workers responded to an errant email sent by one staffer named "Babette" to all 4,032 co-workers. 
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CIT keeping Sears on a short leash: sources
NEW YORK (Reuters) - CIT Group Inc will again stop providing loans to suppliers of Sears Holdings Corp after Tuesday as the business lender awaits more information on the retailer's financial... 
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Management Tip of the Day: Give high performers boring jobs
BOSTON (Reuters) - If your very best people aren't directly involved in fixing your organization's most persistently boring processes, then you are failing as a leaders, says Harvard Business Review. 
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