The United Nations’ Food & Agriculture Organization (FAO) reported today that global grain production will be much more robust than initial estimates.
Russian Economy Minister Alexei Ulyukayev stated his country’s expected rate of growth over the next two decades would be 2.5 percent. That pace is down from the 4 percent goal set by President Vladimir Putin and would trail global growth.
Paced by consistent growth in advertising revenue and subscriber fees, Time Warner Cable’s earnings per share rose 50 percent compared with 2012’s earnings.
The nation’s largest mortgage lender, Wells Fargo, has been under scrutiny by U.S. government attorneys for more than a year now regarding the company’s role in mortgage bond sales.
Samsung dominates Apple and all comers in global smartphone sales. In fact, of the 250 million phones sold in the third quarter of 2013, Samsung can claim 34 percent of them as its own.
Having no other recourse, SAC Capital’s guilty plea led the company to receive a record $1.2 billion fine for insider trading.