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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....

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....

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...

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...

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...

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....

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....

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....

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...

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...

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...

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..

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...

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....

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...

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...

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..

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....

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...

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...

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...

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...

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....

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....

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....

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?

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...

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...

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...

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...

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....

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...

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...

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...

Tuesday, August 3, 2010

Monday, August 2, 2010

How to Avoid the Prying Eyes


The Internet is rife with surveillance technology, but you can cover some of your tracks...

Sunday, August 1, 2010

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...