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Jul 22, 2014

Good time for home buyers? Home sales, inventory rise in June

The nation's housing market showed more signs of health in June, with home prices and sales on the rise...

Jul 08, 2014

NetSuite socked with lawsuit by textile manufacturer

NetSuite has been hit with another customer lawsuit, this time from textile products manufacturer Kentwool, which alleges the cloud ERP vendor pulled the wool over its eyes in order to take its money. In March 2014, Kentwool signed a one-year contrac...

Jul 10, 2014

Malware hidden in Chinese inventory scanners targeted logistics, shipping firms

Financial and business information was stolen from several shipping and logistics firms by sophisticated malware hiding in inventory scanners manufactured by a Chinese company. The supply chain attack, dubbed “Zombie Zero,” was identified by security... #California #San Mateo

Jul 10, 2014

Brooklyn or bust! Thin inventory and hot demand send home prices to new record high

The average price of a residential property in the borough soared 16.6% to $783,296... #California #San Mateo

Jul 15, 2014

June home sales on LI slow from year earlier

Long Island's real estate market slowed last month, with the number of sales dropping year-over-year in both counties. The number of homes sold in Nassau County fell to 969 in June, a decline of 5.6 percent from a year earlier, according to a report ... #Nassau County, NY #Suffolk County, NY #Great Neck, NY #Long Island, NY #Moriches, NY #Coldwell Banker

Jul 10, 2014

Wholesale stockpiles rise in May

U.S. wholesale stockpiles rose in May at the weakest pace in five months as companies kept their supplies in line with slower sales. Wholesale stockpiles grew 0.5 percent in May, the Commerce Department said Thursday, down from a 1 percent surge in A... #Nassau County, NY #Suffolk County, NY #Great Neck, NY #Long Island, NY #Moriches, NY #Coldwell Banker

Jul 01, 2014

U.S. manufacturing grows in June, but pace slows

U.S. manufacturing grew in June for the 13th straight month. But the pace of the expansion slowed from May. The Institute for Supply Management said Tuesday that its manufacturing index dipped to 55.3 in June from 55.4 in May. Any reading higher than... #China #Commerce Department #Institute for Supply Management

Jul 11, 2014

Economists cut U.S. growth forecast, expect spending to slow

U.S. business economists have sharply cut their growth forecasts for the April-June quarter and 2014, though they remain optimistic that the economy will rebound from a dismal first quarter. A survey by the National Association of Business Economics,... #China #Commerce Department #Institute for Supply Management

Jul 03, 2014

Some SeaWorld mammals survive longer in captivity

(AP) -- Since the release of a highly-critical documentary last year, SeaWorld Entertainment has been condemned by animal rights activists distressed over the condition of its killer whales. But annual survival rates for some of the most common marin... #China #Commerce Department #Institute for Supply Management

Jul 05, 2014

The Week Ahead, July 7-11

KEY EVENT: Talk is not cheap. The six-day Allen & Co. Conference in Sun Valley, Idaho, begins Tuesday, with more than 200 of the most powerful media and technology leaders expected to attend. Among the invited chief executives are Facebook's Mark... #Leslie Moonves #Idaho #Yahoo! #Time Warner Inc. #Rupert Murdoch #Wells Fargo #Mark Zuckerberg #CBS #Alcoa, Inc. #Facebook #Federal Reserve #Fastenal #Commerce Department #Labor Department