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Thursday, December 23, 2010
China says it will bail out debt-ridden nations
In a fresh humiliation for Europe, Foreign Ministry spokesman Jiang Yu said it was one of the most important areas for China's foreign exchange investments....
Labels:
china,
europe,
the dollar,
yen,
yuan
Friday, November 5, 2010
Friday, October 1, 2010
Postal Service expects $6 billion loss this year
The Postal Service expects to lose about $6 billion this year because of steep declines in mail volume....
Labels:
recession,
us economy,
us postal service
Postal service denied rate increases for mail
The Postal Service's bid to raise the cost of mailing a letter by 2 cents was rejected Thursday, denying the agency immediate relief...
Wednesday, September 29, 2010
AIG's Miller says U.S. may profit on bailout
American International Group Inc is seeing plans to free itself of U.S. government support start to come together two years after it was bailed out...
Labels:
aig,
bailouts,
barack obama,
wall street fraud
Monday, September 27, 2010
Judge refuses to dismiss AIG lawsuit
A judge refused to dismiss a securities fraud lawsuit accusing American International Group Inc of misleading investors about its exposure to subprime mortgages, which led to a liquidity crisis and $182.3 billion of federal bailouts...
Labels:
aig,
sec,
securities,
wall street,
wall street fraud
Sunday, September 26, 2010
Computer attacks linked to wealthy group or nation
A powerful computer code attacking industrial facilities around the world, but mainly in Iran, probably was created by experts working for a country or a well-funded private group...
Saturday, September 25, 2010
SEC commissioner questions new market maker rules
A commissioner at the U.S. Securities and Exchange Commission questioned on Friday the value of saddling high-frequency trading firms with tighter market-making rules...
Labels:
barack obama,
ben bernanke,
fed,
sec,
securities and exchange comission
Saturday, September 18, 2010
GM IPO to be open to "all" investors: Treasury
The upcoming initial public offering of General Motors Co will be open to the widest possible range of investors, including both overseas funds and U.S. retail buyers....
Labels:
auto,
cars,
general motors,
gm,
investors,
ipo,
wall street
Friday, September 17, 2010
Senate passes $30B small business credit measure
The Senate passed long-delayed legislation Thursday designed to open up credit to small businesses and award them with other incentives to expand and hire new workers....
Labels:
sba,
small business credit measure
Thursday, September 16, 2010
Senate could pass small-business bill Thursday
The Senate on Thursday could pass a long-stalled measure that would boost lending to small businesses, giving President Barack Obama's Democrats....
Labels:
barack obama,
democrats,
gop,
republicans,
samll business,
sba
Wednesday, September 15, 2010
States cutting benefits for public-sector retirees
William Liberty began as a trash collector in Lindenwold 37 years ago and worked his way up to public works supervisor. Until recently...
Labels:
job benefits,
public sector,
trash collector
Tuesday, September 14, 2010
Basel eases capital fears, top banks in spotlight
New capital rules set by global regulators are expected to give weak lenders time to raise funds and free up strong banks to lift dividends...
Labels:
banks,
barack obama,
basel,
global regulators,
imf,
recession,
the fed
Monday, September 13, 2010
Oil jumps above $77 on US crude pipeline leak
Oil prices jumped above $77 a barrel Monday in Asia, extending gains for a second trading day after a leak forced the closure of a Chicago-area oil pipeline...
Labels:
arabs,
barack obama,
BP Oil Spill,
bp plc,
crude oil,
oil spill,
tony hayward
Sunday, September 12, 2010
BP evicted from ethical index, delays Q3 results
BP is to be evicted from the FTSE4Good ethical investment index due to its Gulf of Mexico oil spill, index compiler FTSE said on..
Labels:
barack obama,
bp,
bp plc,
bp stock price,
gulf of mexico,
oil spill,
tony hayward
Saturday, September 11, 2010
Nokia brings in Microsoft exec to replace CEO
Nokia has hired Stephen Elop, a Canadian Microsoft executive with Silicon Valley credentials, to replace its embattled chief executive...
Labels:
bill gates,
microsoft,
nokia,
silicon valley
Friday, September 10, 2010
Obama to take GOP to task on economy, tax cuts
Striving to gain the upper hand on a crucial political issue, President Barack Obama is faulting Republicans for refusing to help him turn....
Labels:
barack obama,
democrats,
gop,
republicans,
tax cuts
Thursday, September 9, 2010
Wall Street up as fears for European economy ease
US stocks were slightly up on Wednesday after news of a successful Portuguese debt auction eased the previous day's concerns about the European economy...
Labels:
deficit,
euro,
recession,
stock market,
the dollar,
us economy,
wall street fraud
Wednesday, September 8, 2010
Japan's intervention hints fail to stop yen rally
Japan's government sharpened its rhetoric on foreign exchange intervention on Wednesday as a rise in the yen to a 15-year high underlined concerns...
Labels:
china,
global economy,
japan,
recession,
the dollar,
us economy,
yen,
yuan
Tuesday, September 7, 2010
Justice department probes Google's ITA Software deal: report
Google bought ITA Software, one of the Web's key providers of airline travel software, for $700 million in July, in a move that Google..
Labels:
department of justice,
doj,
google,
software,
yahoo
Monday, September 6, 2010
Toyota Prius top-selling car in Japan for August
Toyota's Prius was the top selling car in Japan during August for the 16th straight month, as incentives for green vehicles continued to boost sales of the hybrid...
Sunday, September 5, 2010
Billionaire investor seals deal to buy German retail chain
The future of Germany's Karstadt, Europe's third-largest department store chain, appeared to be secured Friday as a court approved its acquisition by a billionaire investor....
Labels:
germany,
karstadt,
mergers and acquisitions,
nicolas berggruen
Saturday, September 4, 2010
Despite hiring, US unemployment rate seems frozen
Unemployment is stuck at high levels even though some companies are hiring. The problem, government data show, is that too few jobs are being created for the growing number of people...
Labels:
barack obama,
deficit,
deflation,
inflation,
us economy
Friday, September 3, 2010
Jobs report may show rise in unemployment rate
The unemployment rate may be about to rise again. Economists are bracing for a weak showing in the August employment report...
Labels:
jobless,
recession,
unemployment,
us economy
Thursday, September 2, 2010
Apple TV takes aim at Web-connected living room
Apple Inc unveiled a smaller, cheaper version of its Web-to-TV device on Wednesday, stepping up a battle with Google Inc and Microsoft Corp for control...
Wednesday, September 1, 2010
Asia shares rise on China, Australia economic news
Asian stock markets gained Wednesday after Australia's economy expanded at its fastest pace in three years and Chinese manufacturing...
Labels:
asia,
australia,
barack obama,
global economy,
recession
Tuesday, August 31, 2010
2 new programs planned to help homeowners
The Obama administration's top housing official says several new programs are in the works to help try to revive the housing market...
Labels:
barack obama,
foreclosure,
homeowners
Monday, August 30, 2010
China-Russia crude oil pipeline begins operations
China-Russia crude oil pipeline begins operations...
Russia has opened its section of a crude oil pipeline from eastern Siberia to China..
Sunday, August 29, 2010
Stocks gain as Bernanke, GDP reassure investors
Stocks posted big gains after Federal Reserve Chairman Ben Bernanke said the central bank was ready to step in if the U.S. economy...
Saturday, August 28, 2010
Recession may have pushed US birth rate to new low
Forget the Dow and the GDP. Here's the latest economic indicator: The U.S. birth rate has fallen to its lowest level in at least a century....
Labels:
babies,
birth rate,
recession,
us economy
Thursday, August 26, 2010
Wednesday, August 25, 2010
Low prices and rates can't slow fall in home sales
Home prices in many parts of the country scream bargain, and mortgage rates haven't been this low for decades....
Labels:
foreclosure,
home sales,
homeowners,
low prices,
rates,
slow fall
Tuesday, August 24, 2010
AIG repaying nearly $4 billion in federal loans
In its single biggest repayment of bailout loans so far, American International Group Inc. said Monday it is paying back nearly $4 billion....
Monday, August 23, 2010
Prosecutors Eye WikiLeaks Charges
Pentagon lawyers believe that WikiLeaks acted illegally in disclosing thousands of classified Afghan war reports....
Labels:
cia,
julian assange,
us military documents,
wall street,
wikileaks
Thursday, August 19, 2010
Wednesday, August 18, 2010
Obama's Islamic America
President Obama says Islam has always been part of America, which raises the question, does the president know something about American history that we don't?
Labels:
barack obama,
islam,
jews,
mosque,
muslims
Tuesday, August 17, 2010
Threat to Economy: Boomers Cutting Back
America's baby boomers—those born between 1946 and 1964—face a problem that could weigh on the economy for years to come...
Labels:
babay bommers,
barack obama,
recession,
u.s. deficit,
u.s. economy
Monday, August 16, 2010
Japan Loses Crown As World's Second Economy
Japan has lost its place as the second biggest world economy, after its sluggish growth figures saw it slip behind Asian neighbour China...
Labels:
china,
japan,
recession,
world economy
Saturday, August 14, 2010
Dell Accused of Concealing Evidence in PC Suit
Dell deliberately violated a court order by failing to hand over documents from top executives, a court filing said....
Friday, August 13, 2010
Number of people working beyond 65 soars
The number of people working beyond the age of 65 is rising at the fastest rate since records began...
Labels:
age 65,
seniors,
senoir citizen,
unemployment,
unemployment rates
Thursday, August 12, 2010
Dow Loses Grip on the Year's Gains
Unsettling data and central-bank messages from the U.S., Asia and Europe pushed global growth fears to the fore on Wednesday...
Labels:
dow,
nasdaq,
nyse,
stocks,
wall street
Wednesday, August 11, 2010
Tuesday, August 10, 2010
Monday, August 9, 2010
Japan Current Account Surplus Falls
Japan's current account surplus unexpectedly fell in June as foreign bond yields dropped and dividends from domestic firms' overseas....
Labels:
japan,
japan account surplus,
japan stock market,
recession
Sunday, August 8, 2010
BMW heiress in new sex video blackmail case
Three men have been arrested on suspicion of trying to blackmail Germany's richest woman with footage of her steamy encounters with a con man known as the Swiss Gigolo...
Labels:
bmw,
bmw heiress,
Helg Sgarbi,
Susanne Klatten,
swiss gigolo
Saturday, August 7, 2010
Hewlett-Packard Chief Hurd Quits in Scandal
Mr. Hurd spoke at the dedication ceremony of H-P's customer service and technical support center in Conway, Ark., on March 3, 2010...
Labels:
hewlett packard,
mark hurd,
sec,
wall street,
wall street fraud
Friday, August 6, 2010
Iran sees regional alliance to counter NATO
Iran's president told the leaders of Aghanistan and Tajikistan on Thursday that the three neighbours could provide a counterweight..
Thursday, August 5, 2010
U.S. Superrich Vow to Share Wealth
Billionaire Oracle Corp. founder Larry Ellison will join film director George Lucas and 38 other mega-wealthy people in following a call by Warren Buffett and Bill and Melinda Gates...
Wednesday, August 4, 2010
FTC to Announce Settlement With Intel
The U.S. Federal Trade Commission will announce Wednesday morning a legal settlement with Intel Corp. to resolve charges...
Labels:
ftc,
intel,
sec,
wall street fraud
Tuesday, August 3, 2010
Monday, August 2, 2010
Sunday, August 1, 2010
Sites Feed Personal Details To New Tracking Industry
The largest U.S. websites are installing new and intrusive consumer-tracking technologies on the computers of people visiting their sites...
Saturday, July 31, 2010
BofA Cuts Some CD Rates
Bank of America Corp. cut some rates on certificates of deposits this week, the latest in a round of cuts...
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