 Weather
Market Update - As Goldman Sachs Group winds down its Principal Strategies group in response to a law that limits banks' abililty to trade with their own money, the firm will be shutting a business that'... 
|
Business NewsWASHINGTON (AP) — The economy lost strength in late summer as factory production weakened in areas of the East Coast and Midwest.
NEW YORK (AP) — Stocks resumed their rally Wednesday after a successful auction of Portuguese government debt eased worries about Europe's financial system.
WASHINGTON (AP) — Consumer borrowing fell again in July as households cut back on their credit card use for a 23rd consecutive month, adding more drag on an economy struggling to mount a sustained rebound.
WASHINGTON (AP) — Job openings are rising modestly, a sign that employers may step up hiring soon. But rising openings in the past year haven't reduced unemployment, heightening concerns that the unemployed might lack the skills to fill the jobs that are coming available.
NEW YORK (AP) — Convenience store operator 7-Eleven Inc. is the mystery bidder for Casey's General Stores Inc. that is trying to top a Canadian rival, according to a published report.
SAN FRANCISCO (AP) — Hewlett-Packard Co.'s quarter-century alliance with Oracle Corp. has been "strained" by the dispute over Oracle's hiring of ousted HP CEO Mark Hurd, HP's interim chief said Wednesday.
LOS ANGELES (AP) — The Twitterverse is full of far more mysterious forces than indecipherable trending topics and Lady Gaga. There are people out there with dark, dastardly intents, as I learned when my account was hacked.
SAN FRANCISCO (AP) — Google Inc. stepped on its Internet search accelerator Wednesday by adding a feature that displays results as soon as people begin typing their requests.
DES MOINES, Iowa (AP) — Sen. Charles Grassley has asked Agriculture Secretary Tom Vilsack to address accusations that federal workers ignored complaints about conditions at an Iowa farm involved in a recall of salmonella-tainted eggs.
BRUSSELS (AP) — Ten people have been arrested in raids across Europe against computer pirates who put illegal copies of movies and television series on the Internet, Belgian police said Wednesday.
DUBLIN (AP) — Ireland plans to split its most troubled financial institution, Anglo Irish Bank, in two as part of wider efforts to reassure international lenders that the Irish are taking control of their debt crisis.
SHARJAH, United Arab Emirates (AP) — The hidden face of the Emirates' economic crunch is in places such as Industrial Zone 18 and the ramshackle compound for about 700 migrant workers within.
BUDAPEST, Hungary (AP) — Hungary will not seek any more loans from the International Monetary Fund or the European Union and will be able to meet its financing needs by selling bonds to international and domestic investors, Economics Minister Gyorgy Matolcsy said Wednesday.
LONDON (AP) — The little-known body that organized this summer's stress tests into 91 EU banks defended itself Wednesday against charges that its assessment was not rigorous enough, particularly with regard to the banks' exposure to potentially-risky government debt.
PARIS (AP) — French President Nicolas Sarkozy vowed Wednesday to press ahead with his contested overhaul of the country's pension system and unions promptly announced new national strikes and protests, a day after bringing more than 1 million people to the streets.
TORONTO (AP) — Canada's central bank raised a interest rate on Wednesday for the third consecutive time. The Bank of Canada increased its benchmark rate by a quarter point to 1 percent.
WASHINGTON (AP) — Applications for home loans dipped last week as mortgage rates ticked up slightly from the lowest level in decades.
WASHINGTON (AP) — The lead BP PLC investigator is saying that eight separate failures had to occur for the company's deepwater well to unleash the largest offshore oil spill in history.
MUMBAI, India (AP) — In a landmark ruling Wednesday, an Indian court said Vodafone Group Plc is liable for an estimated $2.6 billion in taxes for its 2007 acquisition of one of India's largest mobile phone companies.
BEIJING (AP) — Trying to smooth over recently rocky relations before a visit to Washington, Chinese President Hu Jintao told American officials on Wednesday that he wants to see healthy and stable ties between the two countries.
WASHINGTON (AP) — House Republican Leader John Boehner onWednesday proposed a two-year freeze on all tax rates and a cut in government spending to the levels of 2008, before a deep recession took hold of the economy.
WASHINGTON (AP) — House Republican Leader John Boehner (BAY'-nur) says "it's possible" his party could reclaim control of Congress in this fall's midterm elections.
MILAN (AP) — Swisscom AG announced Wednesday it will buy all outstanding shares in its Italian telecoms unit Fastweb SpA, which has been rocked by a money-laundering probe, for a total of euro256 million ($326 million).
BEIJING (AP) — Chinese steel mills and mobile phone factories are being idled and thousands of homes in one area are doing without electricity as local governments order power cuts to meet energy-saving targets set by Beijing.
|
||||||
