Categories
Better-than-expected payroll data lift markets
Categorie : World Business NewsNEW YORK (Reuters) - U.S. stocks rose on Friday as data showed U.S. employers cut fewer jobs than expected last month, offering relief to investors braced for bad labor market news. ...
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Fri Mar 2010
Payrolls data buoy job creation hopes
Categorie : World Business NewsWASHINGTON (Reuters) - U.S. employers cut fewer jobs than expected during snow-battered February and the unemployment rate held steady at 9.7 percent, bolstering views the economy was on the brink of creating jobs. ...
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House panel says Toyota shows no proof yet of study
Categorie : World Business NewsWASHINGTON (Reuters) - Toyota Motor Corp has not adequately supported its contention that it has rigorously evaluated electronic throttle systems for possible problems, lawmakers said on Friday. ...
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IPad to hit stores April 3
Categorie : World Business NewsSAN FRANCISCO/NEW YORK (Reuters) - Apple Inc said the first iPads will be in U.S. stores on April 3 and hit nine international markets later in the month, easing concerns that manufacturing constraints could delay launch. ...
read more Fri Mar 2010
GE's Immelt declines bonus, total pay nudges up
Categorie : World Business NewsNEW YORK/BOSTON (Reuters) - General Electric Co Chairman and Chief Executive Jeffrey Immelt declined a bonus for a second consecutive year, but his total compensation rose slightly from 2008, largely reflecting a change in pension values. ...
read more Fri Mar 2010
GM to restore U.S. dealers after arbitration: sources
Categorie : World Business NewsDETROIT (Reuters) - General Motors Co will begin notifying some of its 1,160 U.S. dealers marked for shutdown that their franchises will be restored after congressionally mandated arbitration, two sources briefed on the matter said on Friday. ...
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Bipartisan financial reform deal uncertain: Dodd
Categorie : World Business NewsWASHINGTON (Reuters) - Christopher Dodd, the chief negotiator for the Democrats in U.S. Senate talks on financial regulation reform, said on Friday he was uncertain whether bipartisan support for a compromise bill could be achieved. ...
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Bumpy ride for corporate giving amid recession
Categorie : World Business NewsNEW YORK (Reuters) - Giving by U.S. companies endured the worst recession in decades with mixed results as some pared back philanthropy in the face of tough times, others increased budgets and most predicted a steady 2010. ...
read more Fri Mar 2010
Coke CEO pay falls 16 pct in 2009 to $18.8 million
Categorie : World Business NewsNEW YORK (Reuters) - Coca-Cola Co , the world's largest soft drink maker, said it awarded Chairman and Chief Executive Muhtar Kent compensation worth $18.8 million for 2009, 16 percent below the $22.4 million he received in 2008. ...
read more Fri Mar 2010
U.S. companies amass record cash vs debt: report
Categorie : World Business NewsNEW YORK (Reuters) - U.S. corporate borrowers amassed the most cash relative to debt on record through the fourth quarter and will likely preserve cash levels this year, supporting corporate bonds, Morgan Stanley said on Friday. ...
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GM to reinstate 600 dealerships slated to be cut (AP)
Categorie : World Business NewsAP - General Motors Co. says it will reinstate about 600 dealerships that were slated to be cut from the automaker's network. ...
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Unemployment rate unchanged as 36K jobs lost (AP)
Categorie : World Business NewsAP - The unemployment rate held at 9.7 percent in February as employers shed 36,000 jobs, fewer than expected. The figures suggested the job market is slowly healing but that significant hiring has yet to occur. ...
read more Fri Mar 2010