India-U.S. Nuke Deal Could Clear Project Logjam

Posted On January 26, 2015

(Undated) -- A nuclear pact between India and the U.S. could help clear a logjam of stalled projects. The CEO of nuclear power plant maker Westinghouse told Reuters today that he was encouraged by India's agreement to "channel' costs from any nuclear accidents straight to the plant operator rather than the equipment suppliers. He added…

Post To Buy MOM Brands For $1.15-Billion

Posted On January 26, 2015

(Undated) -- The cereal company Post Holdings plans to buy rival MOM Brands for an estimated one-point-15 billion dollars. The goal is for Post, which makes Raisin Bran and Honey Bunches of Oats, to expand its selection of bagged and hot cereals. Some of MOM Brands' better-known cereals include Malt-O-Meal and Golden Puffs. Last April,…

Cablevision Introducing WiFi-Only Phone Service

Posted On January 26, 2015

(Undated) -- Cable TV provider Cablevision is entering a whole new market. Next month the company will launch a WiFi-only mobile phone service called Freewheel. The service will first be available in the New York City area and later on in other cities with plenty of WiFi hotspots. Cablevision says Freewheel will take advantage of…

IPhone Sales Expected To Rise

Posted On January 26, 2015

(New York, NY) -- Apple will release their latest earnings report today. Wall Street analysts are expecting a lot of growth in the report. According to Forbes, the average forecast for Apple is a giant 30-percent leap over the same quarter in the previous year. The quarter that ended in December will reflect sales of…

Many Companies Plan To Raise Wages This Quarter

Posted On January 26, 2015

(Washington, DC) -- Here's some welcome news for American workers. A new survey out Monday shows many U.S. companies plan to raise wages over the next three months. The National Association for Business Economics found about half of the economists surveyed said their firms would be raising wages this quarter compared to 34-percent in October.…