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Dodd to offer his own financial regulation bill (AP)
Categorie : World Business NewsAP - WASHINGTON AP) — Unable to muster bipartisan agreement on key banking provisions, Senate Banking Committee Chairman Christopher Dodd said Thursday he will offer his own version of a sweeping overhaul of financial regulations without Republican support. ...
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Thu Mar 2010
Stolen Swiss bank data at HSBC hits 24,000 clients (AFP)
Categorie : World Business NewsAFP - A Swiss unit of global banking giant HSBC revealed Thursday that details on 24,000 bank customers may have been leaked in a major security breach that has helped fuel pressure on Switzerland over tax evasion. ...
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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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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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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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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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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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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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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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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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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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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. ...
read more Thu Mar 2010