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- Lineup for MidPoint Indie Series announced
MidPoint Music Festival today announced the lineup for this year’s MidPoint Indie Summer Series on Fountain Square, the free weekly Friday night ramp up to the big festival in September.
Festival producers are emphasizing several “second chance opportunities” for fans who missed sold-out performances during last year’s MidPoint Music Festival from Bright Light Social Hour, Bear Hands and Lydia Loveless.
From Timbuktu Africa, Khaira Arby and her Band will perform June 8. From Australia,...
- Overseas woes bite into Staples' Q1 sales
Weak sales in Australia and Europe put a crimp on first-quarter sales for office supply giant Staples Inc. (Nasdaq: SPLS), while layoff expenses cut into earnings, the Boston Business Journal reports.
The office supply retailer reported $6.1 billion in total sales, flat on a local currency basis and a decrease of 1 percent in U.S. dollars, per the BBJ.
- TIAA-CREF invests in $2 billion farmland venture
TIAA-CREF has teamed with a handful of institutional investors to put $2 billion into farmland in major grain-producing regions, including the U.S. and Australia, Pensions & Investments reports.
The investors in TIAA-CREF Global Agriculture include AP2, British Columbia Investment Management Corp. and Caisse de Depot et Placement du Quebec.
The amount of the investment by New York-based TIAA-CREF, a national financial-services organization with major operations in Charlotte, wasn’t disclosed.
- BHP warns commodity markets to cool further
 SYDNEY (Reuters) - BHP Billiton said it expects commodity markets to cool further and that investors have lost confidence in the longer-term health of the global economy, in the most cautious comments yet from the world's biggest miner. BHP also put the brakes on a plan announced by Chief Executive Marius Kloppers in 2011 to spend $80 billion over five years to expand its iron ore, coal, energy and base metals divisions, banking on continuing high demand from its main market, China. "It is all about appropriate allocation of capital. ...
- Police probe Rudd swearing leak
Australian police say they are investigating the leak of a video showing former Prime Minister Kevin Rudd swearing, local media report.
- BHP chairman sees commodity markets cooling further
 SYDNEY (Reuters) - BHP Billiton , the world's biggest miner, said it expects commodity markets to cool further and that investors had lost confidence in the longer-term health of the global economy. The Reuters-Jefferies CRB index , a closely followed indicator for commodities, has slid more than 11 percent since hitting a five-month peak in late February amid a broader sell-off in financial markets driven by concerns about the European debt crisis. "The tail winds of high commodity prices have contributed to record growth in the sector. ...
- Australia pledges $300 million to Afghan forces
Australia has announced it will contribute $100 million annually for three years beginning in 2015 to support Afghan National Security Forces after they take responsibility for their country's security.
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