Yahoo! News: Business News
Business News
Stocks drop early after mixed jobs report
(AP)
11 Mar 2010 at 6:47am
AP - Stocks fell in early trading Thursday after China reported a sharp jump in inflation. Mixed U.S. economic news also held the market back.
Trade deficit shrinks as auto and oil imports drop
(AP)
11 Mar 2010 at 6:28am
AP - The U.S. trade deficit unexpectedly shrank in January, reflecting a big drop in imports of oil and foreign cars. American exports also fell, a potential blow to hopes that the economic recovery will be aided this year by U.S. sales abroad.
EU says US has pressed it on hedge fund rules
(AP)
11 Mar 2010 at 6:40am
AP - The U.S. has pressed the European Union on draft rules to regulate hedge funds, but should respect Europe's right to decide its own legislation, a top EU finance official said Thursday.
First-time jobless claims drop slightly last week
(AP)
11 Mar 2010 at 6:08am
AP - The number of newly laid-off workers requesting unemployment benefits slipped last week, the latest sign the employment picture is slowly brightening.
Senate passes $149 billion for jobless aid
(Reuters)
10 Mar 2010 at 8:45pm
Reuters - The Senate on Wednesday passed a $149 billion package of jobless aid and tax breaks, as Democrats continued efforts to lower the 9.7 percent unemployment rate before congressional elections in November.
Foreclosure rates up by smallest amount in 4 years
(AP)
11 Mar 2010 at 5:10am
AP - The foreclosure crisis isn't over, but the pace of growth may finally be slowing down.
SEC chief economist leaving
(AP)
9 Mar 2010 at 4:25pm
AP - The chief economist of the Securities and Exchange Commission, who is an expert on the financial instruments that figured largely in the 2008 crisis, is leaving his position for the private sector.
India aims to be world's fastest growing economy
(AP)
11 Mar 2010 at 12:14am
AP - Just how fast can India grow? Ask Manal Farooq, who can't make gloves quickly enough.
Imax posts 4Q profit, reversing loss
(AP)
11 Mar 2010 at 5:47am
AP - Giant-screen movie technology company Imax Corp. posted a fourth-quarter profit Thursday, reversing a year-ago loss on a sharp jump in its movie theater equipment sales and rentals.
Greece hit by strikes, riots over austerity plan
(AP)
11 Mar 2010 at 6:31am
AP - Serious street clashes erupted between rioting youths and police in central Athens Thursday as some 30,000 people demonstrated during a nationwide strike against the cash-strapped government's austerity measures.
Quinn seeks income tax hike for schools
(AP)
10 Mar 2010 at 11:47am
AP - Calling himself a realist, Gov. Pat Quinn on Wednesday scaled back his proposal to raise income taxes, shifting to a call for an increase of just one percentage point to be used solely for preventing deep cuts to education.
Signature Bank warrants bring $11.15 million
(AP)
11 Mar 2010 at 6:19am
AP - The Treasury Department has received $11.15 million from the sale of warrants it received from New York's Signature Bank as part of the support it provided during the financial crisis.
Wal-Mart spent $1.78 million lobbying in 4Q
(AP)
10 Mar 2010 at 3:00pm
AP - Wal-Mart Stores Inc., the world's largest retailer, spent nearly $1.78 million lobbying in the fourth quarter on a wide range of issues from health care reform to organized crime and food safety issues, according to a recent disclosure report.
Home loan demand nudges higher in latest week
(Reuters)
10 Mar 2010 at 7:00am
Reuters - U.S. mortgage applications nudged higher last week, reflecting increased demand for home purchase loans even as interest rates trekked higher, data from an industry group showed on Wednesday.
Oil steadies after recent surge
(AFP)
11 Mar 2010 at 4:22am
AFP - Oil prices held steady on Thursday as investors paused for breath following recent gains made after data that showed stronger US energy demand, analysts said.
|
