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Asia takes aim at Europe in luxury yacht building
KAOHSIUNG, Taiwan (Reuters) - Fast-moving Asia is vying for a bigger share of the multi-billion-dollar luxury ship market serving the rich and famous.Source: Reuters: Business News | 07 20 2008 | 3:17 am
Understanding FDIC insurance is key to standing by your bank - The Eureka Reporter
 Calgary Herald | Understanding FDIC insurance is key to standing by your bank The Eureka Reporter - By CAROL HARRISON, The Eureka Reporter Created in 1933 in response to thousands of bank failures in the Depression era, the Federal Deposit Insurance Corp. Do you know if your bank account is insured? FDIC seeks to bolster reserves through higher premiums |
Source: Google News - Business | 07 20 2008 | 3:05 am
MillerCoors CEO must smoothly blend brands - Chicago Tribune
MillerCoors CEO must smoothly blend brands Chicago Tribune - By Mike Hughlett | Chicago Tribune reporter Chicago has always been a "beer town," says Leo Kiely, chief executive of MillerCoors, and now it's poised to become a capital for the beer industry. Anheuser-Busch buyout carries $1.25B breakup fee Coors transfers properties to MillerCoors |
Source: Google News - Business | 07 20 2008 | 3:02 am
Aviation industry shows green efforts at Farnborough - Seattle Times
Aviation industry shows green efforts at Farnborough Seattle Times - The aviation industry, including Boeing, used the Air Show to press the message that it is making great progress in reducing its carbon emissions. Airbus Tops Boeing at Air Show Rescued by Mideast (Update1) Airbus Lands $40 Billion in Deals But Warns of Slower Second Half |
Source: Google News - Business | 07 20 2008 | 2:55 am
The Economy: How Bad Can It Get? - Wall Street Journal
 The Southern Ledger | The Economy: How Bad Can It Get? Wall Street Journal - By MARK GONGLOFF A full year into the miserable journey of the credit crisis, the economy and financial markets have come to a crossroads, beyond which lay several possible destinations, not all of them pleasant. Sky Not Falling: Dow Surges 276 Points Banks Rally Off Earnings, Street Retains Gains |
Source: Google News - Business | 07 20 2008 | 2:48 am
Ex-Fannie Mae chief laments company's tumble - Denver Post
 StarPhoenix | Ex-Fannie Mae chief laments company's tumble Denver Post - By Anita Huslin Franklin Raines, accused of overseeing accounting manipulations during his tenure at Fannie Mae, has an office in DC with views of St. Spreading Information, Not Panic Fannie and Freddie's woes no big threat to money market funds |
Source: Google News - Business | 07 20 2008 | 2:32 am
Wal-Mart's fashion show previews back-to-school
SAN FRANCISCO (Reuters) - Wal-Mart Stores Inc presented a colorful, casual line of youthful looks for kids and teens on Saturday at a fashion show that previewed the mass-market chain's new low-cost offerings for back to school.Source: Reuters: Business News | 07 20 2008 | 2:03 am
Wind might have a big impact on our wallets - Houston Chronicle
 HispanicBusiness.com | Wind might have a big impact on our wallets Houston Chronicle - By LOREN STEFFY I'd like to think that it will blow across the West Texas plains, bringing cheap, clean power and leaving in its path jobs that spring forth and revive the economies of dying rural towns. Texas Approves a $4.93 Billion Wind-Power Project Wind sails into the Pa. power scene |
Source: Google News - Business | 07 20 2008 | 1:43 am
Brazil official's Nazi reference rocks WTO talks - The Associated Press
 The Associated Press | Brazil official's Nazi reference rocks WTO talks The Associated Press - GENEVA (AP) - Some pre-negotiation jabbing turned into a potentially damaging diplomatic incident Saturday when Brazil's foreign minister said rich countries' deception in trade talks reminded him of tactics used by Nazi propaganda chief Joseph ... Is this the last stand for globalisation? For Global Trade Talks, the Stakes Have Risen |
Source: Google News - Business | 07 19 2008 | 11:41 pm
Bids for Chicago Cubs submitted
CHICAGO/NEW YORK (Reuters) - The first bids for the storied Chicago Cubs and related assets were submitted on Friday in an auction that could fetch more than $1 billion, according to a source close to the process.Source: Reuters: Business News | 07 19 2008 | 10:31 pm
Ford to retool U.S. plants for European cars: report
CHICAGO (Reuters) - Car maker Ford Motor Co is drawing up plans to retool American plants to make small, fuel-efficient passenger cars that it mainly makes and sells in Europe, the Wall Street Journal reported on Saturday.Source: Reuters: Business News | 07 19 2008 | 1:52 pm
Citigroup $2.5 billion loss soothes investors
NEW YORK (Reuters) - Citigroup Inc posted a smaller-than-expected quarterly loss, despite $11.7 billion of write-downs and credit losses tied to deteriorating capital markets and a slumping economy.Source: Reuters: Business News | 07 19 2008 | 7:48 am
EU wants co-operation with SEC on rating agencies: report
FRANKFURT (Reuters) - The European Commission wants to cooperate closely with the U.S. Securities and Exchange Commission (SEC) on the planned regulation of credit rating agencies, the German financial weekly Euro am Sonntag reported.Source: Reuters: Business News | 07 19 2008 | 6:00 am
Ex-SocGen trader Kerviel changes legal team
PARIS (Reuters) - Jerome Kerviel, the banker blamed for the world's worst rogue trading scandal, has changed his legal team to focus on a more "aggressive" defense strategy, a spokeswoman for Kerviel said on Saturday.Source: Reuters: Business News | 07 19 2008 | 5:33 am
Google Stock Drops As Investors Fear Economy Taking Toll (Investor's Business Daily)
Google paid a price for what an analyst called a failure to communicate.Source: Yahoo! Finance: US Market News | 12 31 1969 | 7:00 pm
Textbooks, free and illegal, online
Faced with soaring prices for textbooks, cash-strapped students have discovered a tempting, effective, but illicit alternative - pirated electronic books, available for free over the Internet.Source: BuzzTracker.com - Business |
Ping: Inside Nairobi, the Next Palo Alto?
A relatively small number of places — all in wealthy countries or in China and India — create nearly every important technological advance. But some in Nairobi are hoping to change that.Source: BuzzTracker.com - Business |
Microsoft Call: Online Ad Business Is Bad; Share Weakness Out Of Our Control
The audio on this call is very bad, so we may have to check the transcript later to see what we missed. Although the company's outlook is seen as weak, Microsoft (NSDQ: MSFT) CFO Chris Liddel characterized the company's numbers as "Relatively consistent with what we told you in April.Source: BuzzTracker.com - Business |
Google shares plummet after disappointing earnings (AP)
Google Inc. shares plunged nearly 10 percent Friday after the Internet search leader's second-quarter earnings missed analysts' expectations.Source: Yahoo! Finance: US Market News | 12 31 1969 | 7:00 pm
Business Highlights (AP)
The price of oil recorded its biggest weekly drop ever, and a gallon of gas finally pulled back from its record high. So is it time to declare the energy bubble popped? Experts won't go that far just yet.Source: Yahoo! Finance: US Market News | 12 31 1969 | 7:00 pm
Sector roundup: RV makers, teen apparel (AP)
Shares of recreational vehicle makers declined Friday after Monaco Coach Corp. said it will shutter three factories and cut a third of its work force, citing a weak economy and lower demand for RVs.Source: Yahoo! Finance: US Market News | 12 31 1969 | 7:00 pm
Gordon Brown and Alistair Darling throw prudence to the wind
Gordon Brown and Alistair Darling are to attempt to borrow their way out of Britain’s economic problems by drastically revising the rules that have governed Labour’s stewardship of the economy for 11 years.Source: BuzzTracker.com - Business |
Wall Street mixed after earnings reports (AP)
Wall Street closed out an impressive week with a mixed performance Friday after disappointing high-tech earnings punctured some of investors' enthusiasm over better-than-expected bank earnings reports.Source: Yahoo! Finance: US Market News | 12 31 1969 | 7:00 pm
Taxpayer can bear no more, admits Alistair Darling
Taxpayers are at the limit of what they are willing to pay to fund public services, the Chancellor has said in an interview with The Times.Source: BuzzTracker.com - Business |
Freddie Mac CEO gets $19.8 million in 2007 (AP)
Freddie Mac Chairman and Chief Executive Richard Syron pocketed nearly $19.8 million in compensation last year, according to a Securities and Exchange Commission filing Friday, even though the mortgage company's stock lost half its value in 2007.Source: Yahoo! Finance: US Market News | 12 31 1969 | 7:00 pm
Western Olympic Ads Cheerlead for China
Global corporations are appealing to nationalism in an advertising blitz the likes of which China has never seen.Source: BuzzTracker.com - Business |
Citi, Schlumberger, Google, Mattel are big movers (AP)
Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market: NYSE Citigroup Inc., up $1.38 at $19.35Source: Yahoo! Finance: US Market News | 12 31 1969 | 7:00 pm
Sure, the CBS-CNET Deal Seems Crazy–But Maybe in a Good Way [BoomTown]
A lot of people have been piling on CBS for its deal to buy Web site operator CNET Networks for $1.8 billion in cash. Not BoomTown. And it is not because newly crowned CBS Interactive CEO Quincy Smith is the ever-amusing Energizer Bunny of the Internet.Source: BuzzTracker.com - Business |