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Markets slip as China inflation raises concerns
Categorie : World Business NewsNEW YORK (Reuters) - U.S. stocks edged lower on Thursday as China inflation data raised worries about reduced demand from one of the world's largest economies, but gains in big-cap technology shares limited losses. ...
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Thu Mar 2010
Jobless claims fall, trade gap narrows on oil
Categorie : World Business NewsWASHINGTON (Reuters) - The number of U.S. workers filing new claims for unemployment benefits fell only slightly last week, indicating that rapid job growth would probably continue to elude the economy for a while. ...
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Financial reform deal fails, hopes for 2010 dim
Categorie : World Business NewsWASHINGTON (Reuters) - Chances of a broad overhaul of U.S. financial regulation this year dimmed on Thursday after bipartisan Senate talks collapsed. ...
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Exxon Mobil boosts 2010 capital spending 4 percent
Categorie : World Business NewsNEW YORK (Reuters) - Exxon Mobil Corp will increase its capital spending nearly 4 percent this year to $28 billion in part as the largest U.S. oil company seeks to increase its share of the global market for natural gas. ...
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CFTC head scolds Wall Street for resisting reforms
Categorie : World Business NewsBOCA RATON, Florida (Reuters) - 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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HSBC says Swiss data theft affects 24,000 accounts
Categorie : World Business NewsLONDON/GENEVA (Reuters) - HSBC , Europe's biggest bank, said a theft of data by a former employee affected up to 24,000 Swiss client accounts, dealing a hefty blow to the reputation of its private bank. ...
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Simon CEO: No pressure from rival Gen Growth plan
Categorie : World Business NewsNEW YORK (Reuters) - The chief executive of Simon Property Group Inc said on Thursday a revised plan by management of General Growth Properties Inc to emerge from bankruptcy would not put pressure on his company to sweeten its own $10 billion offer. ...
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EADS to cut bonuses, not jobs after A400M: exec
Categorie : World Business NewsHELSINKI (Reuters) - Top executives at aerospace group EADS will see their bonuses hit after the cost debacle surrounding the delayed A400M military transport aircraft, but staff will mostly be spared, its top personnel executive said on Thursday. ...
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How free markets sank the U.S. economy
Categorie : World Business NewsNEW YORK (Reuters) - Two years ago, a poisonous brew of bad economics, lax regulation, and egregious behavior boiled over, scalding the financial system and pitching the United States into its steepest downturn since the Great Depression. ...
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Trade deficit shrinks as auto and oil imports drop (AP)
Categorie : World Business NewsAP - 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. ...
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Toyota troubles put spotlight on US safety agency (AP)
Categorie : World Business NewsAP - The government may require automakers to include brake systems that can override the gas pedal in response to Toyota's massive recalls, auto safety officials told Congress on Thursday. ...
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Stocks trade flat on concern about China inflation (AP)
Categorie : World Business NewsAP - Stocks traded in a tight range for a fourth day Thursday after China reported a jump in inflation. Mixed U.S. economic news also held the market back. ...
read more Thu Mar 2010