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| Electric carmakers raise funds for new models Financial Times By John Reed in London Tesla Motors, the producer of electric sports cars that went public last year, said it had successfully placed about $211m worth of stock in a follow-on share offering. This came a day after rival California-based carmaker Fisker ... See all stories on this topic » | ||
| Stock Futures in U.S. Slump, Treasuries Gain as Unemployment Rate Climbs Bloomberg By Michael P. Regan - Fri Jun 03 12:32:58 GMT 2011 June 3 (Bloomberg) -- US employers added a less-than-projected 54000 workers in May and the unemployment rate unexpectedly rose to 9.1 percent, according to Labor Department figures released today. ... See all stories on this topic » | ||
| Greek, European officials agree on additional cuts Washington Post By Howard Schneider, Greece has agreed to speed its sale of state-owned property and cut billions of dollars more from its budget to satisfy requirements for promised loans from the International Monetary Fund and other European countries. ... See all stories on this topic » | ||
| Rubbermaid Cuts Its Full-Year Profit Forecast New York Times By BLOOMBERG NEWS Newell Rubbermaid, the maker of Sharpie pens and plastic storage containers, cut its full-year profit forecast Friday on slumping consumer spending, setting off a 12 percent decline in its share price. Profit, excluding costs for ... See all stories on this topic » | ||
| Service sector growth picks up in May: ISM Reuters Two men inspect laptop computers while shopping in a Best Buy store in New York April 13, 2011. NEW YORK (Reuters) - The pace of growth in the services sector picked up modestly in May while gauges of new orders and employment climbed, according to an ... See all stories on this topic » | ||
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| Blizzard Breakdown Wall Street Journal By MICHAEL HOWARD SAUL The city Department of Investigation concluded in a report released Friday that city sanitation workers didn't engage in an organized slowdown during the December 2010 blizzard that left the city paralyzed, taking a strong swipe ... See all stories on this topic » | ||
| US probes bidders for Nortel's patents -source Reuters WASHINGTON, June 3 (Reuters) - The US Justice Department is looking into likely bidders for bankrupt Canadian telecom-equipment maker Nortel Networks Corp's (NRTLQ.PK) patents to make sure they are not used to impede competition. ... See all stories on this topic » | ||
| SEC subpoenas American Tower Boston Globe By Beth Healy American Tower Corp. disclosed that it has received a subpoena for tax records from federal securities regulators. The Boston wireless and broadcast tower company said the Securities and Exchange Commission asked it to produce "certain ... See all stories on this topic » | ||
| Boeing lays off 100 workers in Huntington Beach due to end of space shuttle ... Los Angeles Times With the nation's space shuttle program coming to a close, Boeing Co. issued layoff notices Friday to 100 employees in its Space Exploration division at Huntington Beach. The last workday for the workers is scheduled to be Aug. 5, pending completion of ... See all stories on this topic » | ||
| Gold futures settle higher on weak jobs data MarketWatch By Claudia Assis and Virginia Harrison, MarketWatch SAN FRANCISCO (MarketWatch) — Gold futures rose Friday after a report showed US employers last month added the smallest number of jobs since September, spurring buying in the metal on worries about a ... See all stories on this topic » | ||
| Sealed Air Holder Davis Advisers May Oppose Diversey Deal Bloomberg By Vivek Shankar and Ed Dufner - Fri Jun 03 23:09:11 GMT 2011 Sealed Air Corp. (SEE) holder Davis Selected Advisers, the company's largest stockholder, said it may oppose the packaging maker's proposed acquisition of Diversey Holdings Inc. Davis ... See all stories on this topic » | ||
| Delta shifting US calls away from South Africa Boston Globe AP / June 4, 2011 ATLANTA — Delta Air Lines Inc. says it will stop sending US calls to a call center in South Africa, as it continues to shift that work back to the United States. Starting July 1, calls about Delta promotions will go to a Delta ... See all stories on this topic » | ||
| Chevrolet Volt earns top gov't safety rating CNN By Peter Valdes-Dapena June 3, 2011: 3:56 PM ET The Chevrolet Volt earned a top 5-star rating from the National Highway Traffic Adminstration and a Top Safety Pick Ward from the Insurance Insitute for Highway Safety. NEW YORK (CNNMoney) -- The ... See all stories on this topic » | ||
| Zynga IPO coming soon CNN By Julianne Pepitone @CNNMoneyTech June 3, 2011: 4:19 PM ET NEW YORK (CNNMoney) -- Zynga is preparing for an initial public offering, and a filing could come as early as next week, according to those with knowledge of the company's plans. ... See all stories on this topic » | ||
| Mulally successor likely from within Ford Detroit Free Press BY TOM WALSH MACKINAC ISLAND -- Whenever Alan Mulally retires as Ford CEO -- and there's no signal that will be anytime soon -- Executive Chairman Bill Ford expects that Mulally's successor will come from within the automaker's current top ranks. ... See all stories on this topic » | ||
| Judge cuts Linda Tribby a break, imposes lighter sentence Washington Post (blog) By Tom Jackman US District Court Judge Liam O'Grady. Felt that eight to 10 years in prison for stealing $14 million was too harsh. But six years, the defense recommendation, was too little. Seven years — just right. (Institute for Intellectual Property ... See all stories on this topic » | ||
| Petrobras launches tender for 21 drilling rigs-CEO Reuters RIO DE JANEIRO, June 3 (Reuters) - Brazil's state oil company Petrobras (PETR4.SA) has launched a tender for the construction of 21 drilling rigs to be built in Brazil, Chief Executive Jose Sergio Gabrielli said on Friday. Brazil is planning to build a ... See all stories on this topic » | ||
| Ex-Cisco consumer chief Flips for grilled cheese Network World By Jim Duffy, Network World So after building the world's most popular pocket camcorder, being acquired by Cisco, becoming his new company's consumer chief and then resigning when his company decided to kill his baby, what does Jonathan Kaplan do for ... See all stories on this topic » | ||
| Casey's buys stores from Kum & Go DesMoinesRegister.com The Kum & Go stores that Casey's will acquire are the only Kum & Go stores in the towns involved. The locations include single stores in Armstrong, Atlantic, Britt, Brooklyn, Carroll, Cedar Falls, Chariton, Elk Run, Garner, Iowa Falls, Mediapolis, ... See all stories on this topic » | ||
| Soybean Premiums Rise as Sales by Farmers Slow; Corn Basis Mixed San Francisco Chronicle June 3 (Bloomberg) -- Cash premiums for US soybeans shipped in June to terminals near New Orleans rose relative to Chicago futures as farmers decreased sales, waiting for higher prices. The corn basis was mixed. The spot-basis bid, or premium, ... See all stories on this topic » | ||
| J&J Is Ordered to Pay $327 Million on Risperdal Deceptive-Marketing Claims Bloomberg By Jef Feeley and Steven Church - Sat Jun 04 04:01:01 GMT 2011 A Johnson & Johnson (JNJ) unit was ordered by a South Carolina judge to pay more than $327 million in penalties for deceptively marketing the antipsychotic drug Risperdal as safer and ... See all stories on this topic » | ||
| Omega-3 fats linked to lower diabetes risk Reuters By Amy Norton NEW YORK (Reuters Health) - People who get plenty of omega-3 fatty acids in their diets may have lowered odds of developing type 2 diabetes, two new reports suggest. In one study, of more than 3000 older US adults, researchers found that ... See all stories on this topic » | ||
| NRC: Despite shutdowns, Limerick plant is safe | Philadelphia Inquirer | 2011 ... Philadelphia Inquirer The Limerick nuclear plant in western Montgomery County on Friday had its third unplanned shutdown this week, but no safety problems were reported, authorities said. Unit 1 at the plant shut down automatically at 10:15 am, said Neil Sheehan, ... See all stories on this topic » | ||
| Pilgrim's Pride Appoints Brazilian To Replace Retiring CFO Wall Street Journal Pilgrim's Pride Corp. (PPC) named Fabio Sandri as chief financial officer Friday, succeeding the retiring Gary D. Tucker after his eight years at the poultry producer. Sandri was most recently CFO of the largest private post-secondary educational ... See all stories on this topic » | ||
| Fannie and Freddie to Need $42B More in Taxpayer Subsidies: CBO DSNews.com Provided they live on in their current form, Fannie Mae and Freddie Mac will need another $42 billion from taxpayers to cover anticipated losses over the next decade, according to new estimates from the Congressional Budget Office (CBO). ... See all stories on this topic » | ||
| Tribune shareholders sued by retirees, Deutsche Bank The News Journal Former shareholders of Tribune Co. were sued by a Deutsche Bank AG unit and retirees over claims that the media company's 2007 leveraged buyout was a fraud that pushed it into bankruptcy. The lawsuits were the first of a group of cases authorized in ... See all stories on this topic » | ||
| Feds take over Contra Costa police scandal probe San Francisco Chronicle Contra Costa County District Attorney Mark Peterson (right) announces that federal investigators will take over the corruption investigation. (06-03) 19:09 PDT MARTINEZ -- The FBI has taken over the investigation into a widening police scandal in ... See all stories on this topic » | ||
| Still a BBQ recovery: Low and slow CNN By Paul R. La Monica @CNNMoney June 3, 2011: 12:35 PM ET When cooking on a grill, low and slow is best. But unfortunately for consumers, low and slow also describes GDP growth after the Great Recession. NEW YORK (CNNMoney) -- Let's get this out of the ... See all stories on this topic » | ||
| New York neighborhood first to go wireless Reuters NEW YORK (Reuters Life!) - A waterfront area in the New York borough of Brooklyn has become the first city neighborhood to feature free wireless service on streets and in parks and plazas. DUMBO, short for Down Under the Manhattan Bridge Overpass, ... See all stories on this topic » |
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