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U.S. dollar climbs to multi-year highs after Bernanke
ReutersNEW YORK (Reuters) - The dollar rose to a 4-1/2-year high against the yen and a near three-year peak against a currency basket on Wednesday after Federal Reserve Chairman Ben Bernanke stoked speculation the U.S. central bank could slow its asset buying in...Tags: Deutsche Bank AG, Washington, DC, Enrico Letta, European Debt Crisis, Economic Indicator
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In first earnings report, SeaWorld reports rising sales on higher prices
Reporting financial results for the first time as a publicly traded company, SeaWorld Entertainment Inc. said Wednesday that it booked nearly $240 million in sales during the first three months of 2013, a 12 percent bump from a year ago that was fueled...
Tags: Jim Atchison, Antarctica, Moody's Corporation, SeaWorld, Busch Gardens Orlando
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ECB can expand its tools to fight crisis: board member
ReutersWASHINGTON (Reuters) - The European Central Bank could expand its policy toolkit if needed to battle deflation risks, a top ECB official said on Wednesday, adding that the central bank was also weighing measures to encourage more lending in the euro zone....Tags: Business Enterprises, Inflation and Deflation, Lehman Brothers Holdings Inc., Finance, Investments
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PepsiCo rethinks U.S. pricing to attract more everyday buyers
ReutersMay 22 (Reuters) - PepsiCo Inc said it is tweaking its drink-pricing strategy in some parts of the United States, as it aims to wean consumers off the habit of buying soda only when it is on sale. The strategy, which PepsiCo refers to as "hybrid everyday...Tags: PepsiCo Inc., Coca-Cola Co., Holidays
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WRAPUP 4-Bernanke says more progress needed before stimulus pullback
Reuters* Bernanke touts benefits of Fed bond buying * Says end to purchases will depend on economy * Could trim bond buys at one of the "next few meetings" * If anything, "inflation is too low," Bernanke says By Pedro da Costa and Alister Bull WASHINGTON,...Tags: Productivity, European Debt Crisis, Labor Markets, Bonds, Inflation and Deflation
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PepsiCo rejiggers pricing strategy to lure customers
ReutersPepsiCo Inc said it is adjusting its pricing strategy for its drinks in some sections of the United States in an effort to wean consumers off a habit on only buying soda when it's on sale. The strategy, which PepsiCo refers to as "hybrid everyday value,...Tags: Consumers, PepsiCo Inc., Holidays
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Hipsters driving up price of beer, researcher says
Here’s another reason to be annoyed at hipsters: They’re driving up the price of beer. A recent study has found that the price of low- and mid-range beers has been climbing at U.S. bars and restaurants. And the guy who oversaw the study for...
Tags: Science, Dining and Drinking, Bars and Clubs, Health Insurance Cost, Alcoholic Beverages
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Sony weighs investor's proposal to break up company
ReutersSony Corp. is considering a proposal by California billionaire Daniel Loeb to sell as much as a fifth of the group's money-making entertainment arm -- movies, TV and music -- to free up cash to revive an electronics business battered by competition from...Tags: Japan, Entertainment, Shinzo Abe, Insurance, Economy, Business and Finance
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LETTER: Legislators Wrong About Cost Of Minimum Wage Hike
State Sen. Cathy Osten and State Reps. Toni Walker and Mae Flexer claim that Connecticut businesses could offset a nearly 20 percent hike in the minimum wage with a two-tenths of 1 percent price increase [May 19, op-ed, "Connecticut's Women Deserve...Tags: Connecticut Labor Markets, Business
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Florida Travel Tips & Deals
Special CorrespondentCheck this list often as new tips, events and deals around Florida come in: Culinary features on Anna Maria Island Mainsail Beach Inn on Florida’s Anna Maria Island has partnered with the Beach Bistro to offer a number of culinary luxuries to...Tags: Zora Neale Hurston Festival, Culture, Concerts, Disc Jockeys, Rope Gymnastics
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Pearson agrees $75 million settlement in U.S. e-books case
ReutersLONDON/NEW YORK (Reuters) - British publisher Pearson's Penguin unit said on Wednesday it would pay $75 million in damages plus costs to U.S. states and consumers as part of an agreement over alleged price-fixing in the e-book market. Pearson, which will...Tags: Justice System, Judges, Amazon.com Inc., U.S. Department of Justice, Lawyers
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