 Wall Street under pressure afer wholesale inventories diveU.S. stocks driften Wednesday after an unexpected fall in wholesale... | |
 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... |
 Greek austerity plans given Clinton approvalUS Secretary of State, Hillary Clinton, has met Greek Prime Minister George Papandreou in... |
| Speedway Motorsports 4Q loss widens CONCORD, N.H. -- Speedway Motorsports Inc. said Wednesday that its fourth-quarter loss widened as tough economic conditions depressed revenue from racing events and expenses grew.The motorsports... |
| AIG aircraft unit debt offering has strength CHARLOTTE, N.C. -- International Lease Finance Corp., the aircraft-leasing unit of American International Group Inc., is looking to raise $1.3 billion in loan offerings as it seeks new funds to help... |
| Clinton, Gates say US help abroad improves image WASHINGTON -- Bill Clinton and Bill Gates have told a Senate panel that U.S. investments in fighting AIDS, malaria and other diseases in underdeveloped nations play a vital role in improving... |
| First lady pushes healthy kids campaign forward ARLINGTON, Va. -- First lady Michelle Obama is challenging software and video game designers to develop games and applications that get kids excited about living healthy.She says thousands of... |
| Judge: NYC can keep 'Tavern on the Green' name NEW YORK -- A judge says New York City can keep the "Tavern on the Green" name for the famed restaurant building in Central Park that's been forced to close because of financial problems.Federal... |
| A.M. Castle 4th-quarter loss narrows FRANKLIN PARK, Ill. -- Specialty metal and plastic products company A.M. Castle & Co. said Wednesday that its fourth-quarter loss shrank, helped by lower material costs and the effect of one-time... |
| Micron shares up; analysts see solid chip demand NEW YORK -- Shares of Micron Technology climbed Wednesday after at least two analysts reiterated their upbeat outlooks for the chip maker, saying demand and pricing are working in its favor.Raymond... |
| Parkinson calls Kan. jobless rate `discouraging' TOPEKA, Kan. -- Gov. Mark Parkinson called Kansas' first unemployment report for 2010 "discouraging," urging legislators Wednesday to put politics aside in finding solutions.The state Department of... |
| Ex-official admits guilt in NY pension probe NEW YORK -- A former New York state investment officer has admitted helping channel hundreds of millions of dollars in public pension fund money to politically connected investment firms in a... |
| Abbott Labs spent nearly $2 million on lobbying WASHINGTON -- Drug and device maker Abbott Laboratories spent $1.9 million lobbying on health care issues in the fourth quarter of last year, according to a recent disclosure report.The North... |
| 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,... |
| Pac-Man Maker Goes Social For 30th Anniversary Namco, the company behind the original casual video game Pac-Man, plans to celebrate the iconic yellow wedge's 30th birthday by going social. Today, its mobile and PC division, Namco Networks,... |
| FarmVille Gets Performance Boost From The Cloud Cloud-based gaming paid off big time for FarmVille's creator Zynga, according to the game's lead developer Amitt Mahajan. He credited the cloud with allowing FarmVille -- a Facebook social game where... |
| Fifty Words On The Bruery 2 Turtle Doves Partridge in a Pear Tree . This year is a cross between Belgian-style Dark Strong Ale and an Imperial Porter; mimics flavor of "turtle" candy, flavors from cocoa nibs, toasted pecans, caramelized... |
| Screeching Halt For Speedway Motorsports While NASCAR fans might enjoy reduced ticket prices, recession specials are weighing on the top and bottom line for Speedway Motorsports.On Wednesday, the Concord, N.C.-based speedway owner and... |
| Disappointed By Cisco Router Hype? Blame Ellen Page Cisco's promise yesterday to "forever change the Internet" was met one of the most resounding "thuds" in the history of tech hype. Sure, the CRS-3 router... |
| Skepticism Over OPEC's Demand Forecast After a recession-driven slump around the world, government stimulus efforts may fuel a rebound in oil demand in 2010.So says the Organization of Petroleum Exporting Countries, which increased its... |
| Dumping Debt On The Next Generation Is Fine The current spending habits of our Congress has led to numerous gloom and doom statements by politicians and pundits that hint at imminent disaster. While I am as distressed as anyone at the... |
| Financial Rally Can't Spur Street jobs report , a snapshot of employment at the state level showed a worrisome picture. Alabama's January unemployment rate rose to 11.1%, the highest mark in 26 years, while unemployment in South... |
| Abbott Adds Facet Biotech To Its Test Tube 14% of which is owned by Klarman's Baupost Group, agreed to be acquired by Abbott Laboratories in a $450 million cash transaction.According to the two companies, Abbott will pay $27 per share, or a... |
| Royal Dutch Shell halts gasoline sales to Iran NEW YORK (CNNMoney.com) -- Royal Dutch Shell has stopped selling gasoline to Iran, the company confirmed Wednesday, adding to a list of oil giants that have stopped sales after a threat of future... |
| Welcome to the United States of Iceland NEW YORK (Fortune) -- It's time to start paying attention to the financial sinkhole that Iceland is trying to climb out of -- the view from inside of it is eerily similar to our own. An Icelandic... |
| Medical bills: Knowing what to avoid Doctors opt out of Medicare "But if your doctor trusts a particular lab and that lab isn't in-network with your insurer, try to work it out with your doctor," said Dr. Margaret Lewin,... |
| Citi, AIG, Fannie and Freddie: The Not Fab 4 Fortune 500 ), which all to varying degrees remain dependent on the federal government for support, surged Tuesday. AIG led the way with a more than 13%... |
| Treasurys dip as $21B auction sees big demand NEW YORK (CNNMoney.com) -- Treasurys traded lower Wednesday as stocks advanced slightly and a government auction of $21 billion in 10-year notes generated strong demand. What prices are doing: In... |
| 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... |
| 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... |
| Bank Of America Halts Debit Card Overdrafts Bank of America customers will soon be unable to spend more than they have in the accounts linked to their debit cards. It's a step that may become a common move ahead of new regulations limiting... |
| Wholesale Inventories Fall While Sales Increase Businesses trimmed inventories at the wholesale level again in January even though sales rose for a 10th consecutive month. The dip in inventories underscored that businesses remain cautious about... |
| Post: 27 drop paper over front-page gay kiss photo WASHINGTON -- The Washington Post says more than two dozen people have canceled their subscriptions over a photo of two men kissing that ran on the front page.The photo was taken last Wednesday, the... |
| Crude oil stockpiles climb by 1.4 million barrels NEW YORK -- Crude inventories rose less than expected last week, while gasoline supplies dropped, the government said Wednesday.Crude inventories rose by 1.4 million barrels, or 0.4 percent, to 343... |
| Presstek posts larger 4Q loss but trims costs GREENWICH, Conn. -- Digital printing products maker Presstek Inc. posted a larger fourth-quarter loss Wednesday as revenues sank, though it said its overall financial position has grown... |
| FDA: Medtronic brain stimulator missed study goal WASHINGTON -- The Food and Drug Administration said Wednesday a nerve stimulating implant from Medtronic failed to significantly reduce seizures in epilepsy patients.Medtronic Inc., the world's... |
| Baltic Trading IPO little changed in trading debut NEW YORK -- Shares of Baltic Trading are little changed in their market debut Wednesday after the initial public offering raised $228.2 million.Baltic Trading Ltd. was recently formed by drybulk... |
| Wholesale inventories fall while sales increase In this March 3, 2010 photo, a Costco worker changes the price sign at Costco in Mountain View, Calif. Businesses trimmed inventories at the wholesale level again in January even though sales rose... |
| Tainted ingredient sold after salmonella found WASHINGTON -- The company responsible for a ballooning recall of processed foods continued to manufacture and distribute a flavor-enhancing ingredient for a month after tests confirmed it was made... |
| Idaho Banking Company Enters Into Agreement With State and Federal Reserve IDBC ), the parent company of Idaho Banking Company (the "Bank") announced today that it and the Bank have entered into a Written Agreement (the "Agreement") with the Federal Reserve Bank of San... |
| U.S. dollar subdued in Asia The U.S. dollar was steady in Asia yesterday as traders took to the sidelines ahead of U.S. and Chinese economic reports due this week.The euro was almost flat at US$1.3599 in Tokyo morning trade,... |
| On A Steel Horse They Ride I recently talked to Ken Fisher and he said that the steel area is slated to outperform the market according to his theory that "stocks that do relatively well compared to the market (about as well... |
| Five Reasons Not To Convert To A Roth IRA In recent months, you've probably heard a lot about the benefits of converting traditional pre-tax individual retirement accounts into Roth IRAs. But here's something you may not have heard: Many... |
| Strength In Steel Is For Real As countries around the world are focusing on infrastructure, shares of steel makers have risen with plans to place beams on bridges and buildings and an improved outlook for automakers. In terms of... |
| Exxon: The Future Is Gas Tom Walters, president of gas and power marketing for ExxonMobil spoke this morning at the CERAweek conference in Houston. Walters, in his speech, laid out the rationale for exxon's global push... |
| Google's Newest Marketplace Also Wants To Sell You Business Software Google Apps Marketplace , a storefront for Web applications and services that snap into its Google Apps online suite. The online market is focused on "enterprise" business... |
| Jobless Rate Rose in 30 States In January, Five Hit Records Joblessness in five states—California (12.5 percent), South Carolina (12.6 percent) , Florida (11.9 percent), Georgia (10.4 percent) and North Carolina (11.1 percent)—hit a record high. The... |
| A Consumer Bill Gives Exemption on Payday Loans Senator Bob Corker, the Tennessee Republican who is playing a crucial role in bipartisan negotiations over financial regulation, pressed to remove a provision from draft legislation that would have... |
| Brace for Above-Normal US Hurricane Season Five hurricanes, two or three of them major, are expected to strike the U.S. coast in what could be an above-average 2010 Atlantic hurricane season, private... |
