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| European Stocks Close Little Changed After US Payrolls Report BusinessWeek Jan. 6 (Bloomberg) -- European stocks closed little changed, with the Stoxx Europe 600 Index completing its third straight weekly gain, as a report showed US employers added more jobs than economists had predicted. Daimler AG and Bayerische Motoren ... See all stories on this topic » | ||
| Spanish Bonds Decline Amid Slowdown Concern; French Bonds Fall BusinessWeek By David Goodman and Lukanyo Mnyanda Jan. 7 (Bloomberg) -- Spanish 10-year yields rose by the most in almost 17 years, leading the bonds of the euro region's most-indebted countries lower, on concern that they will struggle to cut budget deficits amid ... See all stories on this topic » | ||
| PayPal Test Program Will Let Home Depot Shoppers Pay at Checkout BusinessWeek By Danielle Kucera Jan. 7 (Bloomberg) -- EBay Inc.'s PayPal division plans to announce a partnership with Home Depot Inc. that lets shoppers use the payment system at checkout, taking aim at Visa Inc. and MasterCard Inc.'s credit card-swiping customers ... See all stories on this topic » | ||
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| Freddie Mac Increases Mortgage Relief for Unemployed Borrowers Washington Post Jan. 6 (Bloomberg) -- Freddie Mac, the mortgage-finance firm operating under US conservatorship, will let unemployed homeowners delay up to a year's worth of loan payments to help keep families in their homes. Borrowers whose loans are owned or ... See all stories on this topic » | ||
| Steel company Severstal denied $730M federal loan Detroit Free Press By Todd Spangler WASHINGTON -- A Russian steelmaker's North American subsidiary won't get a $730-million government loan to produce at a Dearborn plant advanced high strength steel for cars. A US Department of Energy official confirmed Friday that ... See all stories on this topic » | ||
| Fed Officials Say Housing Market Needs More Aid to Boost Growth BusinessWeek Jan. 7 (Bloomberg) -- Three Federal Reserve policy makers said the US government should try new ways to spur the housing market without agreeing about how much more the central bank needs to do to bring down interest rates. ... See all stories on this topic » | ||
| Brazil Hit Inflation Target, But Not Bull's-eye, in 2011 Wall Street Journal By JEFF FICK RIO DE JANEIRO—The Brazilian Central Bank scored a narrow victory in its fight against inflation in 2011, but the war against price pressures may be far from over as 2012 begins with continued global economic uncertainty. ... See all stories on this topic » | ||
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| Skier visits down by 15.3 percent for Vail Resorts Summit Daily News By Lauren Glendenning Happier times in Vail Mountain's Sun Down Bowl last season. This year, the mountain's back bowls haven't been able to open yet due to low snow conditions. • 15.3 percent drop in skier visits across its six mountain resorts through ... See all stories on this topic » | ||
| Pound Rises 5th Week Versus Euro on Europe Debt Woes; Gilts Fall BusinessWeek By Anchalee Worrachate Jan. 7 (Bloomberg) -- The pound rose for a fifth week against the euro as signs the European debt crisis is worsening spurred demand for the relative safety of the UK currency. Sterling climbed to the strongest in 15 months ... See all stories on this topic » | ||
| US Navy team saves Iranians on hijacked ship Detroit Free Press A US Navy helicopter and an inflatable boat assigned to the USS Kidd come to the aid of the Al Molai, an Iranian fishing vessel held captive for more than 40 days. The State Department wouldn't comment on whether the incident Thursday would ease ... See all stories on this topic » | ||
| US could be in cycle of robust job growth, economists contend Detroit Free Press A construction worker directs a hoist at the foundation of a condo complex in Sunrise, Fla., Thursday. A burst of hiring in December pushed the unemployment rate to its lowest level in nearly three years. / J. Pat Carter/ASSOCIATED PRESS By Paul ... See all stories on this topic » | ||
| Sprint Consumer, Business Divisions To Merge; 4 Executives To Depart - Reports NASDAQ (RTTNews.com) - Sprint Nextel Corp. (S) is reportedly merging its Consumer and Business divisions in a restructuring move that is also expected to see the departure of four executives. Chief sales officer Paget Alves is expected to lead the combined ... See all stories on this topic » | ||
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| Moody's lowers Illinois credit rating, again Chicago Sun-Times AP January 6, 2012 10:04PM SPRINGFIELD — Illinois, unable to solve its long-running financial problems, was given the lowest credit rating of any state in the country by Moody's Investors Service on Friday, a move that will increase costs to taxpayers. ... See all stories on this topic » | ||
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| Wall Street Week Ahead: Focus shifts back to US earnings Reuters By Caroline Valetkevitch | NEW YORK (Reuters) - Stocks have strayed from their recent link to euro moves, and the start of US corporate earnings next week could help shift investor focus back to US fundamentals from Europe. Stocks have traded in line ... See all stories on this topic » | ||
| Volusia-Flagler area gas prices on rise Daytona Beach News-Journal By VALERIE WHITNEY, BUSINESS WRITER DAYTONA BEACH -- Gasoline prices locally have spiked this week, mirroring increases at the fuel pump nationally that industry analysts say are the highest ever recorded to start a year. On Friday, the average price ... See all stories on this topic » | ||
| High gains in jobs report attributed to seasonal retail activity NJBIZ By Melinda Caliendo Defying expectations of many economists, the federal Bureau of Labor Statistics reported 200000 job gains for December, according to its household survey. Patrick O'Keefe, director of economic research for JH Cohn, in Roseland, ... See all stories on this topic » | ||
| Marino: Iran is biggest US threat Towanda Daily Review By Rob Wheary (Times-Shamrock Writer) SHAMOKIN - If Iran decides to block a key waterway in the Persian Gulf, it could be considered "an act of war," US Rep. Tom Marino (R-10) said. But, the congressman added, he doesn't think it will come to that. ... See all stories on this topic » | ||
| Best buy is not dunn yet New York Post By JAMES COVERT Business at Best Buy is so obviously bad that the retailer's top exec is blogging about it. Best Buy CEO Brian Dunn admitted in a blog post yesterday that it was "fair criticism" that the electronics giant has been slow to react to ... See all stories on this topic » | ||
| Pressed by US, Asian Countries Look for Ways to Reduce Purchases of Iranian Oil New York Times HONG KONG — Under growing pressure from the United States, some of Asia's largest economies are reluctantly looking for options to reduce the amount of oil they buy from Iran, a move that would further tighten the economic vise on an increasingly ... See all stories on this topic » | ||
| Goldman, Morgan estimates cut New York Post Goldman Sachs Group Inc. and Morgan Stanley, the major US banks most reliant on trading, had their earnings estimates reduced by analysts as a weak fourth quarter dimmed prospects for a capital-markets rebound in the first half of 2012. ... See all stories on this topic » | ||
| China airlines won't pay EU carbon tax Reuters By Alison Leung and Harry Suhartono | HONG KONG/SINGAPORE (Reuters) - China's airlines will refuse to pay any charges under the European Union's new carbon trading scheme, while other Asia Pacific carriers, already battling a weak travel market, ... See all stories on this topic » | ||
| Gold eases as market digests US payrolls data Reuters By Frank Tang and Maytaal Angel | NEW YORK/LONDON (Reuters) - Gold eased on Friday, snapping a five-session winning streak, but trade was choppy as investors digested a report of better US job growth and the unemployment rate near a three-year low. ... See all stories on this topic » | ||
| Swiss Politician Acted as 'Postman' for Hildebrand Data BusinessWeek By Leigh Baldwin Jan. 6 (Bloomberg) -- A Swiss politician at the heart of currency-trading allegations against central bank chief Philipp Hildebrand said he delivered what he thought was evidence of wrongdoing to the government, and wasn't sure it was ... See all stories on this topic » | ||
| Corn, Wheat, Soybeans Called to Open Higher on South America Crop Concerns Bloomberg What follows are opening calls for US grain and oilseed markets. -- Corn futures are called to open 3 cents to 5 cents a bushel higher on the Chicago Board of Trade on expectations that excessive heat and little rain over the next three days will cause ... See all stories on this topic » | ||
| A Digital Death? Why Kodak Stopped Clicking NPR by Jim Zarroli Steven J. Sasson shows the world's first digital camera (left), which he built in 1975, next to Kodak's EasyShare One, at Kodak headquarters in Rochester, NY, in 2005. The company is now trying to sell about a thousand patents for ... See all stories on this topic » |
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