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Wayne Ellis

bank vault
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The Mizuho Financial Group will face a significant shake-up of its management team in March, due to a loan scandal.

orange grove
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The Florida orange harvest for 2013, which began Oct. 1, will end the year at 121 million boxes, the fewest since 1990.

[Japanese Prime Minister Shinzo Abe]
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Japan’s Nikkei 225 Index topped 16,000 for the first time since November 2007.

china shopping
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China’s economic growth for 2014 is expected to be 7.5 percent, as earlier expected, driven by strong export demand from developed countries.

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Darden Restaurant, Inc.’s plan to spin off its Red Lobster chain to divest debt won’t be enough to shore up the sagging stock, according to hedge-fund managers at Starboard Value, LP.

[retail streetscape]
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A recent Bloomberg survey of 76 economists found that American households increased spending by the highest amount in the last five months.

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