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The Macon Daily

Macon Daily Business News

Wed, 15 May 2013 22:21 EDT

Japanese economy grew at 3.5 percent pace in 1Q
Japan's economy enjoyed a stronger than expected recovery last quarter, growing at a 3.5 percent annual pace as the government stepped up public works spending and eased credit to encourage investment.
Wed, 15 May 2013 20:54 EDT

JPMorgan asks Bloomberg for privacy breach data
Lawyers for JPMorgan Chase & Co. are asking financial news and data company Bloomberg LP to turn over any records it has of reporters looking up the log-in and usage data of JPMorgan employees.
Wed, 15 May 2013 18:30 EDT

Business Highlights
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Wed, 15 May 2013 17:41 EDT

DDR buys shopping malls from Blackstone for $1.46B
DDR Corp. is buying 30 of 44 U.S. shopping centers from a joint venture it has with private equity firm Blackstone Group LP in a deal worth $1.46 billion, saying it expects to make money by raising rents at the malls and redeveloping them.
Wed, 15 May 2013 17:24 EDT

Apptitude: Let smartphone guide your summer pursuits
Travel and entertainment become priorities as summer approaches. So here are smartphone applications that smooth the way through an unfamiliar airport, or that find your favorite band performing at a nearby venue.
Wed, 15 May 2013 22:39 EDT

Former Macon car dealership becoming ‘state-of-the-art’ Hyundai facility
A building on the corner of Riverside Drive and Wimbish Road is going back to its original roots.
Wed, 15 May 2013 21:09 EDT

Trade group slams safety pact for Bangladesh
The largest U.S. retail-industry group on Wednesday criticized an international pact aimed at improving factory conditions in Bangladesh's garment industry, saying it was a "one-size-fits-all" approach promoted by special interests.
Wed, 15 May 2013 17:10 EDT

News Summary: US manufacturers cut production
MANUFACTURING OUTPUT: Manufacturers cut production in April by 0.4 percent, the third decline in four months. Auto companies cranked out fewer cars, factories made fewer consumer goods and most other industries reduced output.
Wed, 15 May 2013 17:32 EDT

US Treasury takes step to avoid hitting debt limit
The federal government says it will temporarily suspend sales of U.S. Treasury securities to state and local governments at noon on Friday, the first step to avoid breaching the nation's borrowing limit.
Wed, 15 May 2013 18:16 EDT

Buffett's firm reveals 2 new stock investments
Warren Buffett's company revealed new investments in Chicago Bridge & Iron Co. and Starz on Wednesday, and it sold off some of its stake in snack food maker Mondelez International Inc.
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