Mortgage rates remain below 5 percent (AP)
Categorie : World Business NewsAP - Mortgage rates held below the 5 percent threshold for the second straight week, a report said Thursday, weeks before a government program that has been keeping rates low is scheduled to expire. ...
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Thu Mar 2010
A decade later, lessons in the Nasdaq collapse (Reuters)
Categorie : World Business NewsReuters - Ten years ago today, before the dot-com bubble burst, the Nasdaq composite index hit a record 5,132.52 points -- a peak that the technology-heavy market shows no sign of scaling again any time soon. ...
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Thu Mar 2010
Obama pushes trade initiative as jobs helper (AP)
Categorie : World Business NewsAP - President Barack Obama sought Thursday to put some detail behind his lofty drive to double U.S. exports over the next five years, calling the effort imperative to putting people back to work. But doubts remain about how many net jobs his trade agenda will create — and how he will get it d ...
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Thu Mar 2010
Willbros posts 4Q loss as revenue tumbles (AP)
Categorie : World Business NewsAP - Willbros Group Inc., an engineering and construction company, reported Thursday a narrower fourth-quarter loss as it cut costs as its revenue fell by more than half. ...
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Thu Mar 2010
Police clash with protesters as Greeks fight cuts (Reuters)
Categorie : World Business NewsReuters - Police clashed with stone-throwing youths in Athens on Thursday as tens of thousands of strikers protested against draconian cutbacks aimed at pulling Greece out of a debt crisis shaking the euro zone. ...
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Thu Mar 2010
Stocks Are Quiet While Currencies Scream (The Motley Fool)
Categorie : World Business NewsThe Motley Fool - After a down January, the stock market is again positive for the year. The much-fabled January effect barometer didn't work in 2009, and it remains to be seen if it will work in 2010. Economic data has continued its slow improvement, keeping stocks fairly calm. The wild action so f ...
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Thu Mar 2010
CFTC head scolds Wall Street for resisting reforms (Reuters)
Categorie : World Business NewsReuters - The head of the top U.S. futures regulator chided Wall Street on Thursday for resisting calls to make over-the-counter derivatives markets more transparent, arguing major reforms are required after the recent financial crisis. ...
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Thu Mar 2010
Retail leaders group spent $850,000 lobbying in 4Q (AP)
Categorie : World Business NewsAP - The Retail Industry Leaders Association spent $850,000 in the fourth quarter to lobby on a variety of issues from health care reform to consumer product safety, according to a recent disclosure report. ...
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Thu Mar 2010
Summary Box: Foreclosures grow more slowly (AP)
Categorie : World Business NewsAP - FORECLOSURES UP: Foreclosure listing service RealtyTrac says the number of households facing foreclosure last month grew 6 percent from a year ago. ...
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Thu Mar 2010
Oil prices drift below $82 (AP)
Categorie : World Business NewsAP - Oil prices drifted below $82 on Thursday, as investors mulled demand uncertainties and a government report that showed the country's huge natural gas reserves shrank a little last week. ...
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Thu Mar 2010
U.S. traffic deaths down; regulators probed on Toyota (Reuters)
Categorie : World Business NewsReuters - U.S. traffic deaths in 2009 hit their lowest level in since the mid-1950s, according to preliminary data released ahead of a congressional hearing expected to take a critical view of auto regulators response to recent safety problems at Toyota Motor Corp. ...
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Thu Mar 2010
The Ambitions of Prudential's Tidjane Thiam (BusinessWeek)
Categorie : World Business NewsBusinessWeek - According to insiders at Prudential Plc , Tidjane Thiam, the chief executive of the insurer which said last week that it was bidding $35.5bn (23.6bn) to buy AIG's Asian insurance business is a firm believer in emotion over analysis. ...
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Thu Mar 2010
Pink Floyd wins battle with EMI over online sales (AP)
Categorie : World Business NewsAP - Album lovers may rejoice a little at last: a British court says Pink Floyd, purveyor of iTunes-unfriendly concept records, cannot be unbundled. ...
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Thu Mar 2010
Pink Floyd wins UK court battle with EMI label (Reuters)
Categorie : World Business NewsReuters - British rock band Pink Floyd won its court battle with EMI on Thursday with a ruling that prevents the record company from selling single downloads on the Internet from the group's concept albums. ...
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Thu Mar 2010