http://finbonanza.com Fresh business news Thu, 09 Feb 2012 02:40:03 +0000 http://backend.userland.com/rss092 en South Korean producer prices rose at the slowest pace in 17 months in January, according to a report released hours before a central bank decision is due on benchmark interest rates. Prices (KOPPIYOY) climbed 3.4 percent from a year earlier after a 4.3 percent increase in December, the ... http://finbonanza.com/south-korean-producer-price-inflation-eases-before-interest-rate-decision-bloomberg/ Mickey Mouse can finally grow that goatee he's always wanted. Until now, Disney (, Fortune 500) parks and resort employees had been prohibited from growing beards and goatees. Starting Friday they may do so, so long as they're a quarter-inch or shorter. Separately, the company has instituted ... http://finbonanza.com/disney-employees-now-allowed-to-grow-beards/ Chinese shoppers on their Lunar New Year holiday were less lavish than expected at Hong Kong jewelers, curbed spending on beauty brands and slowed spending at South Korean stores. They may keep that pace in the coming year of the dragon. Holiday sales on the mainland grew 16 ... http://finbonanza.com/china-has-lowest-new-year-sales-since-2009-bloomberg/ Halfway through what might turn out to be the second mildest U.S. winter on record, major parts of the nation's economy are feeling the impact, for better or worse. Apparel sales have been dented, ski slopes are emptier, and there has probably been a modest impact on economic ... http://finbonanza.com/warm-winter-creates-winners-and-losers-in-us-economy/ Spain is set to announce today its plan to shepherd struggling banks into mergers and make the industry set aside 50 billion euros ($66 billion) for real- estate assets left over from the bubble that burst in 2008. The government will issue debt and inject the funds into ... http://finbonanza.com/spain-set-to-unveil-bank-overhaul-to-clean-up-real-estate-bloomberg/ Unemployment across the 17 countries that use the euro ended 2011 at a record high of one person in every 10, official figures showed Tuesday, a day after EU leaders acknowledged they would have to boost economic growth with the same urgency that they had shown in combating their nations' ... http://finbonanza.com/eurozone-unemployment-at-record-high/ New Zealand central bank Governor Alan Bollard will quit in September, ending a decade-long tenure in which he raised interest rates to a record high before cutting them last year to the their lowest ever. Bollard won http://finbonanza.com/new-zealand-reserve-bank-governor-alan-bollard-to-step-down-in-september-bloomberg/ Ben Bernanke will step back into the classroom this semester to teach college students about the Federal Reserve.The Fed Chairman will deliver four lectures at George Washington University in March on "The Federal Reserve and its Role in Today's Economy," the central bank announced Thursday. The lectures are ... http://finbonanza.com/bernanke-to-teach-class-about-the-fed/ Starbucks Corp.'s reported the biggest quarterly revenue gain since the recession began, but investors worried after the company issued a modest full-year forecast. The Seattle-based coffee company reported on Thursday after the stock markets closed that fiscal first-quarter revenue grew 16 percent as it attracted new customers by adding stores ... http://finbonanza.com/starbucks-1q-profit-up-10-percent-on-strong-sales/ Schoolchildren's favorite lunch _ the ubiquitous frozen pizza _ is about to get healthier. First lady Michelle Obama and Agriculture Secretary Tom Vilsack are expected to announce Wednesday that most school meals, including pizza, will have less sodium, more whole grains and more fruits and vegetables as sides. The popular ... http://finbonanza.com/school-lunches-to-have-more-veggies-whole-grains/