Top 10 Key Business Trends Data Points for Today
sector adds 158,000 jobs: survey
U.S. private employers likely added 158,000 jobs in November, according to a survey by ADP Employer Services released on Wednesday.
raises more modest than low unemployment would suggest
Treasury chief Gordon Brown said Britain's economy is growing faster than anticipated, raising his forecast for this year by a half percentage point to 2.75 percent.
spending will hit almost $800 a person, group says
Slowing activity in the US economy and a possible sudden cooling of overheated property markets are the main threats to the world economy in 2007 after vigorous recovery this year. The IMF said Tuesday it was lowering its growth estimate for next year from its current prediction of 4.9 percent.
CEO's $186 Million Haul -
Wall Street Journal
Lehman Brothers plans to award $186 million in stock to its CEO over the next 10 years by changing terms of prior grants.
U.S. mortgage applications rose sharply last week, fueled by a surge in home refinancing loans as interest rates sunk to their lowest levels in more than a year. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and purchasing loans, increased 8.1 percent to 647.6 for the week ended December 1 from the previous week's 599.
Bears, Bulls Swap Sides After Market Rally Bloomberg
JPMorgan Chase & Co. and Morgan Stanley missed the biggest rally in junk bonds since 2003. Now they say it's time to buy. UBS AG, which recommended debt with ratings below investment grade, is telling clients that the best may be over after the securities returned 10.8 percent this year, four times more than in 2005.After selling a record $163 billion of high-yield, high-risk bonds this year, the neediest borrowers may have no trouble raising money in 2007
Yahoo Inc. on Tuesday announced a reorganization that marks Chief Financial Officer Susan Decker as a potential successor as CEO and simplifies its structure as it battles faster-growing rival Google.
Provides Update on US $1.1 Billion Investment in India - Business
Cisco today announced that it is on course with its US $1.1 billion investment in India that it announced in October 2005 and is expanding its commitment to its initiative in India. Cisco Selects India as Site for the Cisco Globalization Center