BUSINESS

Michael Jordan's $29 Million 56,000 Square Foot Mansion Auction Rescheduled on Dec. 16, 2013 [WATCH]

Michael Jordan's $29 Million 56,000 square foot mansion auction was reportedly rescheduled on Dec. 16, 2013. According to Concierge Auctions, the company responsible for putting up "Air" Jordan's house, the demand for the said mansion has increased so much in the last few days, with a lot of inquiries from potential buyers asking about it that they decided to postpone the previously scheduled Nov. 22, 2013 auction to Dec. 16, 2013.

Global Markets Overview – 11/29/13

With the US markets closing early for Thanksgiving and another indifferent night in Europe (except for the DAX which made another all-time high) leads in the Asian region are few and far between.

Australian Stock Market Report – Morning 11/29/13

In European economic news, German flash CPI inflation jumped from 1.2pct to 1.6pct in November. The numbers suggest that Eurozone CPI inflation will also bounce significantly tomorrow. Eurozone confidence surveys improved further in November. The economic confidence reading rose to 98.5, the business climate indicator, services and industrial confidence readings all improved. All are indicative of ongoing gradual recovery in the economy.
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Burberry Loses Right to Trademark Plaid Design in China

Cheap imitation of luxury Burberry products could surge in China after its national trademark office rejected the company's copyright claims on its tan, black and red tartan iconic symbols. China has a company which similarly makes products bearing the same design.

Australian Stock Market Report – Morning 11/28/13

In US economic news, durables goods orders fell by 2.0pct in October on the back of aircraft orders. The ex-transportation reading fell by a more modest 0.1pct. The final Michigan confidence reading edged up from 72.0 to 75.1 in November. The Chicago PMI dipped from 65.9 to 63.0. US jobless claims fell by a larger than expected 10,000 to 316,000 last week and raised expectations for a strong November payrolls number.

Google Rolls out Minor Android 4.4 KitKat Bug Fix for Nexus 4, Nexus 7 and Nexus 10

Google just released their latest OS update through Android 4.4 KitKat. The Android 4.4 KitKat update offers a variety of features including a more harmonized approach to the operating system. Likewise, the update has also decreased the fragmentation among the devices. Nonetheless, the OS is not close to being perfect as Google will soon roll out minor bug fixes for Nexus 4, Nexus 7 and Nexus 10.

Australian Stock Market Report – Afternoon 11/27/13

Local stocks were on a greasy slope from late morning until the close of trade on Wednesday, with the ASX 200 ending at the lows of the session on reasonable volume. Almost $4.3 bln shares trade on the session.

Australian Stock Market Report – Midday 11/27/13

Over the first 2.5 hours of trade, the All Ordinaries Index (XAO) has improved, lost ground and traded flat. At lunch, the index is 0.2 per cent weaker, losing ground for the first time in four trading days.

Walmart Black Friday 2013 Deals Start at 6PM on Thanksgiving Day [PHOTOS, VIDEOS]

Walmart’s Black Friday 2013 deals will officially start at 6pm on Thanksgiving Day, Nov. 28, 2013. Even if it’s named “Black Friday,” it will actually begin on a Thursday. On Nov. 28, there will be two events, one will start at 6pm up to midnight and the other will start from 8pm to midnight. And on Friday, Nov. 29, the sale will start at 8am and will last until Sunday, Dec. 1.

Madness, And Sanity

By Tim Price, PFP Wealth ManagementMadness, and sanity"In investing, what is comfortable is rarely profitable.

How to Upgrade Nexus 10 with Android 4.4 KitKat: Files to Download and Sideload

Updating first generation Google Nexus 10 to Android 4.4 KitKat can be helpful to users. The latest Android 4.4 KitKat is packed full of features promising better Android experience. The latest OS update also provides a better digital assistant (Google Now) and deeper integration. Many sources agree that the 4.4 KitKat update seeks to reduce fragmentation among Android devices.

Australian Stock Market Report – Morning 11/27/13

In US economic news, the S&P Case-Shiller house price index rose by another 1.03pct in September taking annual house price growth to 13.3pct. Building permits jumped by 6.2pct to 1.034 million in October. The Richmond Fed index bounced from +1 to +13 in November. The Conference Board consumer confidence index fell from 72.4 to 70.4 in November - a 7-month low, but confidence remains in a gradual uptrend.

The Overnight Report: Squaring Up

By Greg PeelThe Dow closed unchanged and the S&P was flat at 1802 but the Nasdaq rose 0.6% to 4017.Bridge Street struggled to find any reason for enthusiasm yesterday and it is little wonder with all the downbeat talk about.

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