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The Galveston County Daily News : Business

November 28, 2014

Business

Top Story

Oil plunge a panacea for crude-reliant Asia

A renewed plunge in oil prices is a worrying sign of weakness in the global economy that could shake governments dependent on oil revenues. It is also a panacea as pump prices fall, giving individuals more disposable income and lowering costs for many businesses.

  • icon Updated: 3:00 am

Latest Headlines

Friday 11/28/2014
Ferguson protests move to Target, Wal-Mart stores
Updated: November 28, 2014 - 3:00 am

MANCHESTER, Mo. (AP) — Dozens of people have interrupted holiday shopping at major retail stores around the St. Louis area to speak out about a grand jury's decision not to indict the officer who fatally shot Michael Brown.

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Growers grateful for higher Christmas tree prices
Updated: November 28, 2014 - 3:00 am

DES MOINES, Iowa (AP) — Christmas tree likely will cost a little more this year, and growers like John Tillman say it's about time.

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Thursday 11/27/2014
Asian energy shares slide after OPEC decision
Updated: November 28, 2014 - 3:00 am

HONG KONG (AP) — Crude oil and Asian energy shares tumbled Friday as OPEC's decision to keep production steady rippled across the globe. Japanese stocks rose after a slew of economic data releases but other regional indexes were mixed.

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Japan inflation eases, other data mixed in October
Updated: November 27, 2014 - 11:00 pm

TOKYO (AP) — Japan's inflation rate edged lower in October, highlighting the difficulty Prime Minister Shinzo Abe faces in his campaign to overcome deflation in the world's third-largest economy.

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Early-bird shoppers turn out on Thanksgiving
Updated: November 28, 2014 - 12:05 am

NEW YORK (AP) — Early-bird shoppers headed to stores on Thanksgiving in what's becoming a new holiday tradition.

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US celebrates Thanksgiving with parades, turkey
Updated: November 28, 2014 - 12:05 am

NEW YORK (AP) — Millions of Americans across the country marked Thanksgiving Day with lots of turkey, football, parades and early shopping, while many overcame nasty weather, power outages and even being buried in the snow. At the White House, President Barack Obama spent a quiet holiday with a traditional meal.

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Argentina charges HSBC with aiding tax evasion
Updated: November 27, 2014 - 11:00 pm

BUENOS AIRES, Argentina (AP) — Argentina's tax agency charged HSBC bank Thursday with helping more than 4,000 Argentines evade taxes by placing their money in secret Swiss accounts.

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Hackers force message on websites via US firm
Updated: November 27, 2014 - 8:02 pm

LOS ANGELES (AP) — A U.S. firm that helps connect more than 700 companies with customers through social media says a Syrian group hacked the company's web address to upload a message to other websites.

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