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| Stocks Fall, Yen Gains on Stimulus Concerns; Commodities Drop BusinessWeek By Stephen Kirkland June 8 (Bloomberg) -- Stocks fell in Europe for a sixth and the yen strengthened after Federal Reserve Chairman Ben S. Bernanke gave no hint of a new round of stimulus. US index futures declined, while oil led commodities lower as ... See all stories on this topic » | ||
| Exxon Mobil will fuel boom with new complex Houston Chronicle By NANCY SARNOFF and PURVA PATEL Exxon Mobil Corp. is consolidating thousands of Houston-area employees into an elaborate new campus being developed just south of The Woodlands — a move that could trigger a real estate boom in the surrounding area, ... See all stories on this topic » | ||
| IMF Signals Support For Japan Sales Tax Hike Wall Street Journal --The IMF says Japan could raise its 5% sales tax from as early as next year, signalling support for the government's aim to double the rate in five years to mend public finances. --IMF Acting Managing Director Lipsky says not raising the tax during an ... See all stories on this topic » | ||
| Discounts or no discounts, shoppers riled by poor service Chicago Sun-Times BY SANDRA GUY Business Reporter/sguy@suntimes.com Jun 7, 2011 10:44PM Though shoppers are pinching pennies, they still get mad if they get poor customer service, a Consumer Reports survey shows. The survey, issued Tuesday, found that 64 percent of ... See all stories on this topic » | ||
| Mobile payment firm Square adds Silicon Valley vet Vinod Khosla to board Los Angeles Times Square, the rapidly growing mobile paymentstart-up, named Silicon Valley veteran Vinod Khosla to its board of directors on Tuesday. Khosla, who founded Khosla Ventures and was one of the founders of Sun Microsystems, is among the earliest investors in ... See all stories on this topic » | ||
| Blue Shield of California to cut many premiums 2.5% this year Los Angeles Times Health insurer Blue Shield says its initiative will result in $167 million in savings for nearly 2 million customers. By Duke Helfand, Los Angeles Times Health insurer Blue Shield of California, under fire for a series of recent rate hikes and the pay ... See all stories on this topic » | ||
| US stock futures signal lower open for equities Reuters * US stock index futures pointed to a weaker open on Wall Street on Wednesday, extending losses to a sixth straight session, with futures for the S&P 500 SPc1, for the Dow Jones DJc1 and for the Nasdaq 100 NDc1 down 0.4 to 0.6 percent. ... See all stories on this topic » | ||
| Pound Weakens After Moody's Says U.K.'s Aaa Credit Rating Might Be at Risk Bloomberg By Paul Dobson - Wed Jun 08 08:50:52 GMT 2011 The pound weakened for the seventh consecutive day against the euro after Moody's Investors Service said the UK's Aaa credit rating may be at risk should the government miss its debt reduction targets amid ... See all stories on this topic » | ||
| Delaware posts 1.3 percent GDP growth in 2010 The News Journal The welcome uptick in gross domestic product enjoyed by nearly the entire nation last year was relatively muted in Delaware, according to data released Tuesday by the US Bureau of Economic Analysis. The state's lackluster GDP growth of 1.3 percent ... See all stories on this topic » | ||
| Hon Hai Chairman: Mulling Building New Plants In Africa Wall Street Journal TAIPEI (Dow Jones)--Hon Hai Precision Industry Co. (2317.TW), a contract producer of electronics for Apple Inc. and other brands, is mulling building new factories in Africa to tap the abundant labor supply and natural resources in that region, ... See all stories on this topic » | ||
| ONGC, GAIL Keen To Buy Exxon Mobil Stake In Kazakhstan Oil Field Wall Street Journal By Rakesh Sharma NEW DELHI (Dow Jones)--Oil & Natural Gas Corp. (532155.BY) and GAIL (India) Ltd. (532155.BY) are working on a plan to buy at least a part of Exxon Mobil Corp.'s (XOM) stake in Kazakhstan's Kashagan oil field, in yet another push by the ... See all stories on this topic » | ||
| World Bank Urges Rate Rises in Emerging Nations With Global Growth at 3.2% Bloomberg By Sandrine Rastello - Wed Jun 08 08:42:38 GMT 2011 Emerging-market economies, growing almost three times faster than their developed counterparts, need to speed spending cuts and interest-rate increases as they fight inflation and overheating, ... See all stories on this topic » | ||
| Steve Jobs Is Building A Giant Spaceship In California Business Insider Steve Jobs gave a speech to the Cupertino City Council to get them to give them approval for a new Apple campus. It looks like "a spaceship just landed there," Jobs said. And indeed it's a very ambitious thing. It's one giant building that would hold ... See all stories on this topic » | ||
| La agent, 2 insurance fraud investigators dead Forbes By KEVIN McGILL , 06.08.11, 05:42 AM EDT VILLE PLATTE, La. -- Authorities were probing the deaths Wednesday of two unarmed state investigators shot dead by a troubled small-town insurance agent whose office they were paying a visit. ... See all stories on this topic » | ||
| U.S. Corn-Crop Delays Signal Tightest World Supply Since 1974, Price Gains Bloomberg By Jeff Wilson and Whitney McFerron - Wed Jun 08 04:00:00 GMT 2011 Corn futures more than doubled in the past year to $7.365 a bushel in Chicago and may top $9 if conditions worsen, according to Morgan Stanley. Photographer: Patrick Fallon/Bloomberg ... See all stories on this topic » | ||
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| Still no fines after a year of tarmac delay rule CBS News (AP) NEW YORK (AP) — There were four planes stuck on the tarmac for more than three hours in April, the government said Tuesday. That's the same number as a year ago when a rule limiting lengthy tarmac delays went into effect. ... See all stories on this topic » | ||
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| Consumers charged less, borrowed more The Detroit News Washington — Americans borrowed more money in April for the seventh straight month, but they cut back on using their credit cards. The Federal Reserve said consumer borrowing rose by nearly $7.2 billion and was fueled by greater demand for school and ... See all stories on this topic » | ||
| Traders Draw 'Line in the Sand' for Sprint Wall Street Journal By CHRIS DIETERICH NEW YORK—Options traders looked for shares of Sprint Nextel to find their footing after a dour call from Wall Street sent the stock spiraling lower, building positions that benefit from limited declines over the next five weeks. ... See all stories on this topic » | ||
| Hovnanian's Revenue Falls 20%, a Worse Loss Than Expected New York Times By BLOOMBERG NEWS Hovnanian Enterprises, the home builder, reported a wider quarterly loss on Tuesday as revenue fell 20 percent amid slumping demand for new houses. The net loss was $72.7 million, or 69 cents a share, compared with a loss of $28.6 ... See all stories on this topic » | ||
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| U.S. April Job Openings and Labor Turnover Report (Text) Bloomberg By Chris Middleton - Tue Jun 07 14:23:17 GMT 2011 There were 3.0 million job openings on the last business day of April, the US Bureau of Labor Statistics reported today. The job openings rate (2.2 percent), the hires rate (3.0 percent), ... See all stories on this topic » | ||
| Impax Labs gets FDA warning on manufacturing BusinessWeek Generic drugmaker Impax Laboratories Inc. said Monday that it received a warning from the Food and Drug Administration about manufacturing practices at its plant in Hayward. Impax said the warning letter came Friday. It said during a review, ... See all stories on this topic » | ||
| Axa Unit Agrees to Purchase Citigroup Buyout Fund Assets for $1.7 Billion Bloomberg By Anne-Sylvaine Chassany - Wed Jun 08 08:48:53 GMT 2011 The Axa Private Equity logo is seen at the company's headquarters in Paris. Photographer: Antoine Antoniol/Bloomberg Citigroup Inc. (C) agreed to sell $1.7 billion of investments in leveraged ... See all stories on this topic » | ||
| SunPower Trims 2011 Outlook On Italy Changes, Aims For US Wall Street Journal By Cassandra Sweet and John Kell Of DOW JONES NEWSWIRES SAN FRANCISCO (Dow Jones)--SunPower Corp. (SPWRA) trimmed its 2011 earnings outlook Tuesday following solar-policy changes in Italy and said the US will be its biggest market for the next few ... See all stories on this topic » | ||
| Comcast to offer home security package Reuters NEW YORK (Reuters) - Comcast Corp is adding home security to its package of services for homes where it already delivers cable television, broadband and phone. The largest US cable provider sees security technology and home management technology as ... See all stories on this topic » | ||
| Johnson & Johnson shares slip following court ruling Rochester Democrat and Chronicle Shares of Johnson & Johnson, one of the area's largest employers through its Ortho-Clinical Diagnostics unit in Greece, slipped almost 1 percent to $65.50 after a negative court ruling. The US Court of Appeals in Washington upheld a lower court ruling ... See all stories on this topic » | ||
| Nevin Shapiro Gets 20 Years in $880 Million Ponzi Scheme Bloomberg By David Voreacos - Wed Jun 08 04:01:01 GMT 2011 Nevin Shapiro, the former owner of a bogus wholesale-grocery distribution business who pleaded guilty to running an $930 million Ponzi scheme, was given a 20-year prison term. ... See all stories on this topic » | ||
| Is Bankruptcy Near For Talbots? San Francisco Chronicle The Talbots, Inc. (NYSE: TLB) shares continue to get crushed, and are down nearly 40% today on 30 million shares on news the company is lowering its guidance, and said that the company's sales slump is likely to continue to worsen in the near term, ... See all stories on this topic » |
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