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| Debt-Limit Deal to Get Congress Vote Today Bloomberg By Julie Hirschfeld Davis and Mike Dorning - Mon Aug 01 09:05:33 GMT 2011 Aug. 1 (Bloomberg) -- Congressional leaders, leaving no extra time before a default threatened for tomorrow, are racing to push through a compromise sealed with President Barack ... See all stories on this topic » | ||
| Stocks set to advance on debt deal CNN By CNNMoney staff August 1, 2011: 6:22 AM ET NEW YORK (CNNMoney) -- US stocks were poised for a higher open Monday, after President Obama and congressional leaders struck a deal to raise the debt ceiling and cut federal spending, calming investor fears ... See all stories on this topic » | ||
| FOREX-Dollar rallies on debt deal, but downside risks seen Reuters By Naomi Tajitsu LONDON, Aug 1 (Reuters) - The dollar rallied against the yen and the Swiss franc on Monday as investors unwound safe-haven plays on expectations US lawmakers would pass a deal to raise the country's borrowing limit, averting the risk ... See all stories on this topic » | ||
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| OIL FUTURES: Crude Holds Gains On US Debt Deal Wall Street Journal By Max Lin Of DOW JONES NEWSWIRES SINGAPORE (Dow Jones)--Crude futures prices held on to early gains in Asia trading Monday as lawmakers reached an agreement to raise the US debt ceiling, easing concerns about a potential credit downgrade or default ... See all stories on this topic » | ||
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| Foxconn to Rely More on Robots for Manufacturing PCWorld By Michael Kan, IDG News Foxconn, the maker of Apple's iPhone and iPad, plans to rely more on robots for manufacturing over the coming years, allowing the company to invest more in research and development and save on labor costs. ... See all stories on this topic » | ||
| TNT Express Profit Down As Losses Outside Europe Rise Wall Street Journal By Robin van Daalen AMSTERDAM (Dow Jones)--Delivery and freight company TNT Express NV (TNTE.AE) Monday reported an 85% drop in second-quarter net profit as improved profitability in Europe was offset by steeper losses in other regions as well as ... See all stories on this topic » | ||
| Honda 1Q Profit Drops In Post-Quake Funk, But Lifts FY Outlook Wall Street Journal (Recasts throughout, adds comments by Honda CFO in the 5th paragraph, plant establishment in the 6th paragraph and Mitsubishi Motors' earnings in the 12th to the 14th paragraphs.) By Yoshio Takahashi Of DOW JONES NEWSWIRES TOKYO (Dow Jones)--Honda ... See all stories on this topic » | ||
| Hang Lung Not Considering To Buy New Land In China, Hong Kong For Now Wall Street Journal By Polly Hui HONG KONG (Dow Jones)--Hang Lung Properties Ltd. (0101.HK) Chairman Ronnie Chan said Monday the blue-chip developer isn't planning on buying new land in mainland China and Hong Kong for now because of excessively high property prices. ... See all stories on this topic » | ||
| EADS acquires Vizada for $960m Financial Times By James Boxell in Paris EADS has boosted its Astrium space business with the $960m (€666m, £583m) purchase of Vizada, a satellite communications company, as it looks to lessen its reliance on its Airbus passenger jet and military sales. ... See all stories on this topic » | ||
| In wake of debt deal, Asian and European markets surge Washington Post By Chico Harlan, TOKYO — Asian and European markets surged Monday after President Obama and congressional leaders reached a deal to raise the debt ceiling, avoiding a US default that threatened painful implications for the global economy. ... See all stories on this topic » | ||
| Sohu Second-Quarter Profit Misses Estimates as Costs Erode Sales Increases Bloomberg By Mark Lee - Mon Aug 01 06:13:53 GMT 2011 Sohu.com Inc. (SOHU), operator of China's fifth most-visited website, reported second-quarter profit rose 37 percent, missing analysts' estimates, after the company boosted spending to offer online games and ... See all stories on this topic » | ||
| Allstate reports 2nd-quarter loss of $620 million msnbc.com NORTHBROOK, Ill. — Allstate is reporting a $620 million second-quarter loss, as the property and casualty insurer was hit by a previously disclosed $2.3 billion in catastrophe losses. Allstate Corp. said Monday that it recorded losses from 33 ... See all stories on this topic » | ||
| IMF: Romania's economy growing again Sacramento Bee AP BUCHAREST, Romania -- An International Monetary Fund official says Romania can afford to increase public sector wages as the economy rebounds. Jeffrey Franks, the IMF envoy to Romania, said Monday the government could raise salaries "in the coming ... See all stories on this topic » | ||
| US Airways pilots deny illegal work slowdown Reuters By Jonathan Stempel NEW YORK (Reuters) - A union representing US Airways Group Inc (LCC.N) pilots on Sunday rejected the carrier's accusations that it was encouraging an illegal work slowdown, resulting in more flight and baggage delays and increased ... See all stories on this topic » | ||
| Budget targets leisure travelers with car ad deals Seattle Post Intelligencer ERRIN HAINES, AP In this photo taken July 19, 2011, Odade Palmer applies an advertising wrap to a car in the Budget Rent A Car rental car pool in Sandy Springs, Ga. Budget is hoping more deal-hungry vacationers want the chance to rent cheaper vehicles ... See all stories on this topic » | ||
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| Peabody, Arcelor Go Hostile for Macarthur TheStreet.com By Joseph Woelfel 08/01/11 - 04:40 AM EDT ST. LOUIS (TheStreet) -- Peabody Energy (BTU) and ArcelorMittal(MT) said Monday they are launching a hostile A$4.7 billion ($5.2 billion) takeover bid for Australia's Macarthur Coal . Earlier Monday, the board ... See all stories on this topic » | ||
| Nearly 1000 cab drivers in China protest, urging government to hike fares amid ... Washington Post By AP, BEIJING — Nearly 1000 cab drivers in eastern China blocked traffic and protested Monday over a lack of government intervention into rising fuel costs. It was the latest sign of discontent over the country's surging inflation. ... See all stories on this topic » | ||
| Air Liquide First-Half Profit Rises 11% as Revenue Jumps Bloomberg By Francois de Beaupuy - Mon Aug 01 05:40:51 GMT 2011 A technician works in the rare gas control room at the Air Liquide factory in Moissy Cramayel, France. Photographer : Fabrice Dimier/Bloomberg A technician works in the rare gas control room at the ... See all stories on this topic » | ||
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| Audit Faults MTA on Subway Service Changes New York Times By MOSI SECRET New York City Transit's poor management of subway service diversions leads to tens of millions of dollars in cost overruns and leaves the public ill-informed about when and where maintenance is happening, according to an audit by the ... See all stories on this topic » | ||
| Central Falls bankruptcy decision due Monday Boston Globe CENTRAL FALLS, RI—Gov. Lincoln Chafee (Chay-'FEE) and the state-appointed receiver overseeing Central Falls are expected to announce whether bankruptcy will be sought to help the cash-strapped city get back on its feet. Chafee and receiver Robert ... See all stories on this topic » | ||
| Traders Eye Oil-Tanker Play Wall Street Journal By SARAH KENT LONDON—Storing oil in tankers offshore is on the rise again in the US Gulf of Mexico, a sign of traders' increased confidence in higher crude prices ahead. It's also a side effect of the flood of barrels from emergency stockpiles. ... See all stories on this topic » | ||
| Validus' CEO on Transatlantic Bid: 'We're Not Going Away' New York Times By MICHAEL J. DE LA MERCED Validus Holdings' chairman and chief executive, Edward J. Noonan, wants to make one thing clear about his company's pursuit of Transatlantic Holdings: He isn't giving up. Days after Transatlantic set up defenses against ... See all stories on this topic » | ||
| Formosa Petrochemical: Already Halted Exports Of Oil Products Wall Street Journal TAIPEI (Dow Jones)--Formosa Petrochemical Corp. (6505.TW) has halted exports of oil products from its refineries at the Mailiao petrochemical complex after a fire on Saturday morning led to the closure of the site for safety checks, the company's ... See all stories on this topic » | ||
| Flight diverted to Indianapolis after passenger falls ill, dies Indianapolis Star A Southwest Airlines flight bound for Ohio was diverted to Indianapolis late Saturday after a passenger became ill and died, according to an Indianapolis International Airport official. Southwest Flight 1891 from Las Vegas to Columbus landed in ... See all stories on this topic » | ||
| Q+A: What's going on at Japan's crippled nuclear power plant? Reuters By Shinichi Saoshiro TOKYO (Reuters) - Tokyo Electric Power (Tepco), the owner of the quake and tsunami-hit Fukushima Daiichi plant, said on Monday it had successfully begun to cool one of two spent fuel pools that were still considered unstable. ... See all stories on this topic » |
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