Wall Street under pressure afer wholesale inventories diveU.S. stocks driften Wednesday after an unexpected fall in wholesale... | |
Asia free-trade agreements attract AmericansThe United States, in an effort to improve its influence in the Asia-Pacific region, has arranged talks to discuss a proposed Trans-Pacific partnership... |
Another Toyota runs away from driverA reported runaway Toyota Prius in California has had US safety investigators involved in determining the cause of a terrifying... |
Nasdaq crash was ten years ago It is ten years since the dotcom bubble... |
Los Angeles County mooted for new Chinese carsThe Los Angeles Business Journal has reported that Chinese car maker BYD may build an assembly plant in Los Angeles... |
Irish airline millions of euros downIrish airline, Aer Lingus, has reported a loss for... |
| Eurotunnel makes profit even with poor economy Eurotunnel has announced a profit of 1.4 million euros for last year, despite the weather, a fire in the tunnel and poor economic... |
Referendum to pay Britain and Holland will not go aheadIcelanders have voted overwhelmingly against a referendum to allow taxpayers money to be used to repay international... |
Greek austerity plans given Clinton approvalUS Secretary of State, Hillary Clinton, has met Greek Prime Minister George Papandreou in... |
Brazilian sardine industry under protectionThe Brazilian government has ordered the implementation of a sardine conservation awareness... |
February sales up in Chinese passenger carsChinese passenger car sales have climbed 55 percent from February 2009, with strong demand for smaller cars and four wheel drive... |
| US stocks gain on financial firms Major US stock indices posted mild gains Tuesday, led by troubled financial firms bailed out by the US government in the past... |
| 'Tavern on the Green' lives on as a restaurant name for NYC after judge sides with city NEW YORK - New York City can keep its "Tavern on the Green" and eat there too. U.S. District Judge Miriam Goldman Cedarbaum on Wednesday settled the biggest question in a legal dispute... |
| PepsiCo shrinks popular Tropicana size but keeps price same due to Florida citrus freeze NEW YORK - Pepsico Inc. is raising prices on its popular Tropicana orange juice because of the deep freeze that hurt much of Florida's citrus crop. The company said Wednesday it is shrinking its... |
| Microsoft takes on iPlayer with MSN Video iPlayer – but including 30-second adverts before, during and after each programme.The iPlayer, which like the original BBC content has no ads, is one of the most popular websites in the UK,... |
| Inside Alan Greenspan's nightmare | Mark Weisbrot Alan Greenspan had a dream, or rather a nightmare. Greenspan seems to have woken up in a cold sweat one morning in fear that the period of "disinflationary pressures" that had... |
| Charles Allen: Career highs and lows Charles Allen is a hard man to keep down. During his career he has been derided as an "upstart caterer", dismissed as little more than a "Scottish accountant", forced to eat humble pie by a knitted... |
| The debt that lies beneath | Dan Roberts Signs of the times: the future of the housing market remains uncertain. Photograph: Christopher Furlong/Getty Images When the nation's top financial watchdog tells banks to brace themselves for a... |
| Continental Boss Raises Threat of Flight Cancellations Posted by: Justin Bachman on March 09, 2010 Continental Airlines’ chief, Jeff Smisek, offered a rare public CEO tantrum on Tuesday at a J.P. Morgan investor conference. He was asked about the... |
| Turkish Bond Scam Diverted Funds to Cryogenics, Porn, SEC Says March 10 (Bloomberg) -- An Illinois estate-planning firm raised more than $20 million for Turkish Eurobond investments, then diverted money to a stamp collection, Internet pornography and... |
| Unemployment Fell in Nine U.S. States as Michigan Made Headway March 10 (Bloomberg) -- Unemployment decreased in nine U.S. states in January, led by an improvement in Michigan that demonstrates factories are driving the economic... |
| Reyes’s Lawyers Seek Mistrial in Second Options Backdating Case March 10 (Bloomberg) -- Lawyers for ex-Brocade Communications Systems Inc. Chief Executive Officer Greg Reyes asked for a mistrial in his stock options backdating case, alleging that a prosecution... |
| Eastman Kodak tender offer expires ROCHESTER, N.Y. — Eastman Kodak Co. said Wednesday its tender offer to buy up to $200 million of its outstanding 7.25 percent senior notes due 2013 has expired. The company said about $220... |
| Aditya Birla Retail to rope in investor MUMBAI: Kumar Mangalam Birla's retail venture, Aditya Birla Retail, is reportedly open to roping in a financial investor to fund its expansion plans. Even though the company declined comment, it... |
| House OKs ’09 tax break for Chile gifts WASHINGTON - The House has passed a bill that would allow taxpayers to write off charitable donations to Chile earthquake relief efforts when they file their 2009 taxes this... |
| ‘Material Girl’ launching new line at Macy’s MG Icon, a newly formed venture between the pop star and Iconix Brand Group Inc., announced a licensing agreement Wednesday with Macy's for an exclusive new line of teen clothing that will be in 200... |
| The demise of boutique bank Pali Capital Pali Capital, a boutique firm specializing in derivatives and fixed-income trading, was one of the few financial outfits hiring traders and bankers — often from the likes of imploding Wall Street... |
| Payroll tax hike hits small businesses CHICAGO - Indiana small business owner Mike Hutson is facing a wakeup call when payroll taxes come due in April. Hutson's bill is set to triple as record-high numbers of unemployed workers claim... |
| Unemployment rises in 30 states in January WASHINGTON - Unemployment rose in 30 states in January, the Labor Department said Wednesday, evidence that jobs remain scarce in most regions of the... |
| Pompey axe 85 jobs to cut costs The administrators of Portsmouth have started to make employees redundant, with 85 people losing their jobs.Administrator Andrew Andronikou said no players were being made redundant as they were the... |
| Microsoft looks to 'Elevate' California announced by Microsoft a year ago as the country was gripped by recession, with Washington state as the first government partner. Since then, other states have slowly been coming on board. Seven... |
| Regulators Honing in on Size of BofA BAC ) are coming under increasing pressure to downsize the firm as federal regulators seek to prevent large, cumbersome financial institutions from once again tanking the financial system as they... |
| GAP Wants Your Old Jeans GPS ) is going green with a little help from your blues… blue jeans and denim, that is. Gap and Cotton Inc. are working together to take your used denim and turn them into UltraTouch Natural... |
| 7 credit card disasters who became credit masters Repaying big credit card balances is hard enough, but remaining debt-free can be even more of a challenge. The best advice on how to stay debt-free comes from people who have climbed their way... |
| Treasury Receives Record Bids For 10-year Notes NEW YORK -- The Treasury Department sold $21 billion in 10-year notes on Wednesday at a yield of 3.735%.The auction is a reopening, meaning the debt sold will carry the same coupon and maturity date... |
| Gold, Metals Turn Lower Along With Oil NEW YORK -- Gold and metals futures turned lower on Wednesday, losing early momentum provided by strong Chinese import data and tracking a move in crude oil. Gold for April delivery was last down... |
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| Lexmark Stock Rebound Follows Moves Up Market SAN FRANCISCO -- For too long, Lexmark International Group Inc.'s shares seemed to run parallel to the prices of its personal printers -- cheap and falling. That's started to change.Lexmark's stock... |
| Five Democrat Senators Introduce Volcker Rule Bill WASHINGTON - Big commercial banks would be barred from speculative investments in stocks and derivatives and prohibited from owning hedge funds or private equity firms, according to legislation... |
| Oil Turns Lower After Failing To Breach 2010 Highs NEW YORK -- Crude oil futures turned lower on Wednesday, after a move towards crude's highest level of 2010 failed to hold in light of a continued weak picture for U.S. demand. Crude oil for April... |
| Stocks Trim Advance As Equities Stay In Range NEW YORK -- U.S. stocks pared their gains Wednesday, as investors reverted to the indecisive trading pattern of recent days. "Don't be surprised by a range the next few days as the market... |
| Wider "Volcker rule" bill unveiled in Senate (Reuters) - Legislation that would write into law and widen the proposed "Volcker rule" to limit proprietary trading was unveiled in the U.S. Senate on Wednesday with the support of five Democratic... |
| Citi, AIG, leap with other bailed-out firms Citi option volume also heated up on Wednesday, and was four times greater than usual in midday trading. In all, about 1.13 million calls and 350,000 puts changed hands, according to option analytics... |
| Citigroup tests waters in preferred securities sale C.N ) launch of preferred securities on Wednesday is a potentially major test of market sentiment, one year after prices of bank bonds and stocks plunged to multi-year lows, analysts... |
| Viterra to buy pasta maker in US$240-million deal Viterra Inc. says it will buy Viterra says it will buy Dakota Growers Pasta Co. Inc., the third-largest dry pasta producer and one of the largest durum wheat mills in North... |
| Another runaway Toyota Prius reported DETROIT -- Federal regulators said they were looking into a report of another runaway Toyota Prius, this one in Westchester County, New York, where police said a woman pulling out of a driveway... |
| Asia-Pacific Oil and Gas Pros Lead Industry in Workplace Adoption of Social Media, Reports Microsoft-Accenture Poll Oil and gas industry professionals in Asia Pacific lead the industry in the use of social media and collaboration tools at work, reports recent Microsoft Corp. and Accenture survey findings unveiled... |
| Google Maps offers cyclist directions in the U.S. Cycling By Meghan Housley Cyclists in some American cities can now make their way from A to B without having to guess which route provides designated bike space or will be kindest on their quads.... |
| Terra tells Yara that CF bid superior Terra has given notice to Yara of its intention to terminate their agreement, and Yara has five business days to make an offer that’s at least as favourable as CF’s... |
| Solazyme signs deal with Unilever Solazyme CEO Jonathan Wolfson (left) and President Harrison Dillon want to have their algae oil for transportation fuels, personal care products, and eat it,... |