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November 19, 2015 Taxpayers will pay billions more as CalPERS lowers estimate of investment returns

Source: LA Times

The board of California's largest public pension fund approved a plan Wednesday to lower its estimate of future investment returns — a move that will require taxpayers to pay billions of dollars more than expected over the next...

November 19, 2015 Apparel brands team up to change global labor conditions

Specialty Fabrics Review - The collaborative effort is being facilitated by the Sustainable Apparel Coalition (SAC), with signatories including Nike, H&M, VFc-Timberland, Levi Strauss & Co., PVH Corp., Target, Columbia Sportswear...

November 19, 2015 Target profit climbs as customer traffic increases

Source: Atlanta Journal

Torpy: Our right to free parking at risk Free access to myAJC for AJC subscribers. Explore? SIGN UP FOR E-NEWSLETTERS Want more news? Sign up for free newsletters to get more of the AJC delivered to...

November 19, 2015 Fed officials again flag December; see smooth rates liftoff

Source: Reuters

Federal Reserve officials on Wednesday continued to flag December as a likely time for interest rates to rise after seven years near zero, with two expressing confidence they will be able to pull off a rate hike smoothly despite...

November 18, 2015 Wal-Mart earnings beat expectations; shares up

Source: Reuters

Wal-Mart Stores Inc reported slightly stronger-than-expected quarterly earnings on Tuesday as it booked its fifth straight gain in U.S. same-store sales, sending its shares up more than 4 percent.

November 18, 2015 Iraq is flooding America with lots of oil


Tons of Iraqi oil is finding a home in America. The U.S. more than doubled its imports of oil from Iraq between August and September, according to a Platts analysis of U.S. Energy Information Administration statistics

November 18, 2015 In Coal Setback, Rich Nations Agree to End Export Credits

Source: Bloomberg

Members of the Organization for Economic Cooperation and Development struck an historic agreement Tuesday to scale back public financing for coal-fired power plants, dealing another blow to the industry ahead of a global summit...

November 18, 2015 European markets fell at the open on Wed

The Business Insider - European markets fell at the open on Wednesday. The UK's FTSE 100 was down 0.48% in early trading, while Germany's DAX fell 0.40%. The Euro Stoxx 50, a benchmark of Europe's leading companies, was down...

November 18, 2015 Fear Spreads as China's Finance Firms Face Arrests

Source: Bloomberg

The arrests or investigations targeting the finance industry in the aftermath of China’s summer market crash have intensified in recent weeks, creating a climate of fear among China’s finance firms and chilling their investment...

November 17, 2015 Brent oil gains, but focus hones in on global oversupply

Source: Reuters

Brent oil prices made gains on Tuesday, albeit at a more modest pace than the previous day, as the risk premium stemming from the Paris attacks faded, and the focus returned to the global oversupply in crude and petroleum...

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