Finance counsels

Shoppers can now pick up Ticketmaster tickets at malls through a partnership with Simon Property Group Inc.
Ticketmaster will have retail outlets at the guest services booths in Simon malls across the country, including Ontario Mills, The Block at Orange, Del Amo Fashion Center, Westminster Mall, Brea Mall, Laguna Hills Mall and The Shops […]

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The U.K. Treasury should rule out creating a government-backed agency like Fannie Mae of the U.S. to bolster mortgage funding, a study for Chancellor of the Exchequer Alistair Darling will show today.
Former HBOS Plc Chief Executive James Crosby, who was asked by Darling in April to consider improvements to the home-loan market, will […]

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South Korea posted a current-account surplus for the first time in seven months as exports gained.
The surplus was $1.82 billion in June, compared with a deficit of $377.5 million in May, the Bank of Korea said in Seoul today. The current account is the broadest measure of trade, tracking goods, services and investment […]

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Japan's exports fell for the first time in more than four years as demand for cars and electronics cooled, signaling the U.S. slowdown is spreading to the emerging markets that helped sustain growth.
Exports decreased 1.7 percent in June from a year earlier, the Finance Ministry said today in Tokyo. The median estimate of […]

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The Federal Communications Commission headed to Carnegie Mellon University Monday to take public and expert input on the future of Internet access.
In an uncommon public appearance together outside of Washington, D.C., the federal agency's five commissioners headed two panels at the university on issues related to digital media and broadband access. Participants […]

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The Southern Environmental Law Center has made good on a threat to file suit against Duke Energy Corp. to halt construction at the Cliffside Steam Station.
The organization contends Duke doesn’t have a valid air-quality permit to expand the coal-burning electric plant.
Duke contends otherwise, although it has agreed to conduct additional analysis of its plans for […]

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The Bank of Japan cut its assessment of the economy for the first time since April, saying growth is slowing “further'' as rising energy and commodities crimp spending by companies and households.
“Economic growth is slowing further, reflecting weaker growth in business fixed investment and private consumption against the backdrop of high energy and […]

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Fujifilm Sericol USA Inc. is increasing prices on its products because of higher prices for crude oil.
In a release Wednesday, the North Kansas City-based company said it will increase prices 5 percent to 15 percent for screen and flexographic inks used for printing on clothing, ads and packaging product labels beginning Aug. 1. […]

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Sales of services and manufactured goods in the U.K. fell in the second quarter, posing “serious risks'' that the economy will tumble into a recession, the British Chambers of Commerce said.
An index based on a survey of 4,758 companies fell to minus 2, the lowest since 1992, from 17, according to the London-based […]

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Starbucks Corp.’s plan to close several hundred stores is a step in the right direction but analysts say it may not be enough to solve the problems facing the company.
Starbucks did not give details about which locations will be closed, but Stephen Kron of Goldman Sachs said he thinks the closings will be weighted […]

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