Tuesday, February 12, 2013
Comcast buys rest of NBC for $17 billion (2:22)
Feb. 12 - Summary of business headlines: Comcast gives GE $16.7 billion for remaining NBC Universal stake; Dow back above 14,000 on hopes President can ignite economy; Fund manager sees Dow 20,000; Coke sales disappoint, Kors sales soar. Conway G. Gittens reports.
Obama focuses on economy in State of the Union (1:36)
Feb. 12 - U.S. President Obama targets economy and middle class jobs in State of the Union Address. Rough Cut (no reporter narration).
G7: no currency wars
Published on Feb 12, 2013
http://www.euronews.com/ Group of Seven nations have vowed not to engage in currency wars - that is pushing down the value of their currencies to create trade advantages and boost exports.
The G7 - that's the United States, Britain, France, Germany, Japan, Canada and Italy - have agreed to consult closely on exchange rates and said government's fiscal and monetary policies must not be directed at devaluing currencies.
That follows concerns after Japan's new government pressed for monetary policies that sharply weakened the yen.
...The G7 - that's the United States, Britain, France, Germany, Japan, Canada and Italy - have agreed to consult closely on exchange rates and said government's fiscal and monetary policies must not be directed at devaluing currencies.
That follows concerns after Japan's new government pressed for monetary policies that sharply weakened the yen.
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