Monday, June 13, 2016

Steady growth for China's industrial output and other top stories.

  • Steady growth for China's industrial output

    BEIJING--Industrial output in China rose 6.0% in May from a year earlier--the same as the month before--according to data from the National Bureau of Statistics. Value-added industrial output, a rough proxy for economic growth, matched a median forecast for 6.0% growth by 15 economists surveyed by The Wall Street Journal. Month-on-month, industrial production increased 0.45% in May from April, compared with a 0.47% rise the previous month. Fixed-asset investment outside rural households of Chin..
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  • Tesla Model X Deliveries In China Rumored To Be Hugely Delayed

    Tesla Model X Deliveries In China Rumored To Be Hugely Delayed
    Has the expected delivery timeline for Tesla Model X orders in China been changed? Are international Tesla Model X deliveries running even further behind schedule than previously thought? Tesla Model X front corner A recent post on a popular Tesla ...
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  • Rising home prices lifted U.S. wealth, even as stocks fell

    Rising home prices lifted U.S. wealth, even as stocks fell
    By Christopher S. Rugaber, AP Economics WriterWASHINGTON -- Americans' household wealth rose in the first three months of this year as home values increased, offsetting a drop in stock prices. The Federal Reserve said Thursday that U.S. household net worth increased 1 percent to $88.1 trillion in the first quarter. Americans' stock and mutual fund portfolios shrank $160 billion, while home values jumped $498 billion. Savings in certificates of deposit and other bank accounts also rose. Th..
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  • DealBook|Blue Coat to Sell Itself to Symantec, Abandoning IPO Plans

    DealBook|Blue Coat to Sell Itself to Symantec, Abandoning IPO Plans
    SAN FRANCISCO — Blue Coat Systems seemed poised to begin life as a public company, after selling itself to a private equity firm last year.Now, the cybersecurity software company plans to sell itself to Symantec instead.Blue Coat said late on Sunday that it would sell itself to Symantec for $4.65 billion. As part of the deal, Blue Coat’s chief executive, Greg Clark, will take over as the chief executive of the combined security software maker.To help finance the transaction, Blue Coat’s existin..
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  • Liquefied natural gas projects miss the boat - Tribune

    Liquefied natural gas projects miss the boat - Tribune
    Liquefied natural gas projects miss the boat The Creole Spirit tanker is towed by tugboats at Sines port in Sines, 170 Km south of Lisbon, on April 26, 2016. The first shipment of liquefied natural gas from US to the EU, by the oil and gas group Galp Energia Portuguese, arrived on late April 26, 2016 in the port of Sines in southern Portugal / AFP / FRANCISCO LEONG (Photo credit should read FRANCISCO LEONG/AFP/Getty Images)Photo by AFP/Getty Images By Bloomberg News | Sunday, June ..
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City of Memphis remembers fallen MPD Officer Verdell Smith .In Memphis and around US, economic averages miss big picture .
More on the University of Memphis' football recruiting philosophy .Officer dies after being struck by car after downtown shooting spree .

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