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Top Stories: Stocks in the U.S. were higher Tuesday as export companies rallied on the back of a weaker dollar. Big News Network.com Tue, 01 Dec 2009 15:07:07 -0500Greece's new government has said it will try to improve its credibility in the financial markets. Big News Network.com Tue, 01 Dec 2009 06:41:49 -0500Dubai World has released a statement to say that it will restructure part of the group, including its property arm Nakheel. Big News Network.com Mon, 30 Nov 2009 17:58:14 -0500The aging population of China is threatening the current pension system. Big News Network.com Tue, 01 Dec 2009 01:52:25 -0500NYSE Euronext, which operates the New York Stock Exchange and European tradin markets has completed its acquisition of trading technology provider NYFIX Inc. Big News Network.com Tue, 01 Dec 2009 02:13:32 -0500A list of the world's best business hotels has been released by Travel + Leisure magazine. Big News Network.com Tue, 01 Dec 2009 06:35:47 -0500India is concerned that the rise of the industrial production index is making the price of food rise uncontrollably. Big News Network.com Tue, 01 Dec 2009 01:35:21 -0500The Nano, built in India by the Tata group is going to have a hybrid makeover. Big News Network.com Tue, 01 Dec 2009 01:26:18 -0500A French court has ordered online auction site eBay to pay 1.7 million euros to a high-end perfume maker. Big News Network.com Tue, 01 Dec 2009 01:41:15 -0500Lawyers for Merck & Co have told the US Supreme Court that investors shouldn't have waited so long to sue the drug maker over warnings about the risks of its painkiller Vioxx. Big News Network.com Mon, 30 Nov 2009 18:07:16 -0500NEW YORK - Shares of CPFL Energia SA climbed on Tuesday as an analyst upgraded the Brazilian power company, citing expectations for strengthened sales and better economic conditions. In afternoon tr... Star Tribune Tue, 01 Dec 2009 14:05:53 -0500DETROIT - U.S. auto sales in November showed more signs of stability, with Ford and Toyota reporting steady to higher sales. But Chrysler struggled for another month, while Hyundai again posted doub... Star Tribune Tue, 01 Dec 2009 14:05:52 -0500PHILADEPHIA - Shares of Clearwire Corp. rose Tuesday after an analyst said the company's path to growth seemed more certain following a round of financing that will give it the capital needed to grow... Star Tribune Tue, 01 Dec 2009 14:05:50 -0500ST. PAUL, Minn. - Despite billions of dollars in recent cost-cutting, Minnesota's budget keeps springing leaks. State finance officials will detail on Wednesday how much money trouble lies ahead, by... Star Tribune Tue, 01 Dec 2009 14:05:49 -0500SAN FRANCISCO (MarketWatch) -- Canadian shares rebounded sharply Tuesday, led by mining firms, as investors took hope from a manufacturing expansion in China and talks of debt restructuring for a Duba... MarketWatch Tue, 01 Dec 2009 13:59:25 -0500So who should pay for the deficits in large final-salary pension schemes that have opened up over the last 10 years? Ofcom describes the argument as a contest between shareholders and customers. It sa... Guardian Tue, 01 Dec 2009 13:56:01 -0500A spokesperson for Microsoft told Betanews early this afternoon that it has officially investigated claims that its latest security updates are the cause of an alleged "crop" of "Black Screen of Death... Beta News Tue, 01 Dec 2009 13:50:14 -0500US shares headed higher on Tuesday after a flurry of economic data pointed to a rebound in the economy - and took dealers's minds off the Dubai story.Better reports on construction and housing suggest... BBC Tue, 01 Dec 2009 13:40:49 -0500Strictly Come Dancing judge Alesha Dixon is set to take up a seat in the boardroom after landing a lucrative deal as brand ambassador for gym chain LA Fitness. Sky News Tue, 01 Dec 2009 13:40:40 -0500In the past week, the open-source business community appears to have reached consensus: making money from open-source software is a bad model, but making money with open source is golden. This can't ... CNet Tue, 01 Dec 2009 13:39:14 -0500December 1, 2009 Jerusalem - Coca-Cola Israel announced on Tuesday it was recalling several products because of "quality problems." The soft drinks giant said a quiet recall begun last week was bei... Business Report Tue, 01 Dec 2009 13:34:12 -0500BOSTON -- Shares of Radian Group Inc. were up 14% on Tuesday after the mortgage insurer's chief financial officer said delinquencies rose in October and November but were lower than expected. "The fo... Fox Business Tue, 01 Dec 2009 13:33:24 -0500SAN FRANCISCO -- Chrysler LLC said Tuesday its November sales fell 25% to 63,560 vehicles from 85,260 a year ago, with both cars and trucks showing double-digit drops. Car sales were down 30% to 14,4... Fox Business Tue, 01 Dec 2009 13:33:23 -0500WASHINGTON -- Charles Plosser, the president of the Philadelphia Federal Reserve Bank, became the first top central bank official to call for higher interest rates in this cycle. In a speech on Tuesd... Fox Business Tue, 01 Dec 2009 13:33:20 -0500SAN FRANCISCO - Cisco Systems on Tuesday said it is extending the offer period for its bid to acquire Tandberg of Norway. The networking gear maker said the new deadline is Dec. 3. Cisco last month r... Fox Business Tue, 01 Dec 2009 13:33:14 -0500Philadelphia Federal Reserve Bank President Charles Plosser said he has become more confident in the sustainability of the U.S. economic recovery even once government stimulus fades, and stressed the ... Reuters Tue, 01 Dec 2009 13:32:15 -0500"We will not go back to the world before this recession," Warren Jestin, chief economist with Scotia Capital, said while presenting his 2010-2011 economic outlook Tuesday morning. "Sticking with the .... Financial Post Tue, 01 Dec 2009 13:31:36 -0500OTTAWA -- Canada's main opposition Liberal Party expects to back the Conservative government's attempt to speed through legislation to end a strike by locomotive engineers at Canadian National Railway... Financial Post Tue, 01 Dec 2009 13:31:34 -0500Soldiers may go into battle better equipped to handle equipment and with a greater knowledge of their surroundings after an intellectual property licensing deal Monday between Microsoft and Lockheed M... CIO Tue, 01 Dec 2009 13:31:27 -0500The Coca-Cola Company will announce a significant new commitment to reduce direct greenhouse gas emissions. Greenpeace has urged Coca-Cola to expand its climate commitments and supports this announcem... Earth Times Tue, 01 Dec 2009 13:31:03 -0500Microsoft Careers , a great source for scraps on future Microsoft products, had to say about Windows 8 over the last 30 days or so. This month we saw seven job postings regarding the successor to both... Ars Technica Tue, 01 Dec 2009 13:27:13 -0500Owners of retail shops and service businesses can borrow Disney's "secondary-guest" strategy to convince customers to keep returning... BusinessWeek Tue, 01 Dec 2009 13:09:06 -0500US shares headed higher on Tuesday after a flurry of economic data pointed to a rebound in the economy - and took dealers's minds off the Dubai story.Better reports on construction and housing suggest... BBC Tue, 01 Dec 2009 13:03:13 -0500A weak US dollar has pushed up demand for gold to another record level.Gold struck $1,201.63 (£722.69) an ounce on the London Bullion Market, after striking historic peaks over recent weeks. The... BBC Tue, 01 Dec 2009 13:03:12 -0500PHILADELPHIA - General Electric Co.'s agreement to buy out the portion of NBC Universal it doesn't already own paves the way for the sale of a controlling stake to Comcast Corp. in a deal that promis... Star Tribune Tue, 01 Dec 2009 12:41:02 -0500OMAHA, Neb. - Rural areas in middle America are being hit particularly hard by what could be another dip into recession for the region, according to a survey of business leaders and supply managers in... Star Tribune Tue, 01 Dec 2009 12:40:57 -0500NEW YORK - Citi on Tuesday said it renewed and extended its contract with Victory Capital Management Inc. and the Victory Funds. The renewal calls for Citi's Securities and Fund Services business to... Star Tribune Tue, 01 Dec 2009 12:40:56 -0500NEW YORK - Staples Inc., the largest U.S. office supply retailer, provided an upbeat outlook Tuesday as it reported that its customers bought more school and office supplies and technology products i... Star Tribune Tue, 01 Dec 2009 12:40:55 -0500WASHINGTON, Dec. 1 /PRNewswire-FirstCall/ -- Baby boomers have a unique relationship to technology -- different from any generation before or since -- and they are actively shaping the devices, softwa... RedOrbit Tue, 01 Dec 2009 12:39:18 -0500ATLANTA, GA--(Marketwire - December 1, 2009) - Nivis, LLC, the world's leading developer and integrator of wireless network technologies, announces Doug Johns, Chairman of the Board of Directors, ha... Market Wire Tue, 01 Dec 2009 12:35:49 -0500NEW YORK (MarketWatch) -- As the decade nears an end, regional energy supplier Southwestern Energy Co. ranks as the S&P 500's best performing stock while a one-time high-flying technology company,... MarketWatch Tue, 01 Dec 2009 12:34:42 -0500LONDON (MarketWatch) -- Share prices for mining stocks could have further to go in the current commodity price environment, executives at a London mining conference said Tuesday. This year, metal... MarketWatch Tue, 01 Dec 2009 12:34:40 -0500Ofcom , which sets the prices that BT's wholesale division Openreach can charge companies to use its services, has opened a consultation into whether the company's pensions costs should be taken into ... Guardian Tue, 01 Dec 2009 12:31:20 -0500Miners led the way as the market's fears about the fallout from debt-laden Dubai started to fade, and the FTSE 100 recorded its biggest one day points gain since April.With metal prices again boosted ... Guardian Tue, 01 Dec 2009 12:31:17 -0500Ryanair is set to sidestep the growing number of customers who use Visa Electron to escape its £5-a-leg card charges by introducing a fee for its use. But in a bid to make sure its adverts for "free"... Guardian Tue, 01 Dec 2009 12:31:15 -0500An investigation by "Globes" at Israel's main retail chains showed that sales of Coca-Cola have fallen by 10-20% in recent days after the Central Bottling Company Ltd. (Coca-Cola Israel) pulled bottle... Globes Tue, 01 Dec 2009 12:31:06 -0500In an interview with "Globes", Kodak Israel general manager Hezi Rotman said that Eastman Kodak Company (NYSE: EK) has taken a strategic decision to concentrate additional activities in Israel. "The c... Globes Tue, 01 Dec 2009 12:31:04 -0500Asian stock markets rose yesterday following modest gains on Wall Street and amid increased confidence the Dubai debt crisis was unlikely to derail the global recovery.Most major benchmarks were up ab... eTaiwan News Tue, 01 Dec 2009 12:30:53 -0500Microsoft claimed to eWEEK that it had fixed a controversial "bug" that made Bing Image Search deliver pro-Chinese-government results in response to politically sensitive queries. Independent testing ... eWeek Tue, 01 Dec 2009 12:22:15 -0500NEW YORK -- Individual investors moved assets back into cash in November, after three months of increasing holdings of stocks and bonds, according to a new survey by the American Association of Indiv... Fox Business Tue, 01 Dec 2009 12:08:20 -0500NEW YORK -- The dollar fell back to a 15-month low versus the euro on Tuesday, extending a decline that pushed the shared currency to $1.5115, up from $1.5007 in North American trade late Monday. The... Fox Business Tue, 01 Dec 2009 12:08:18 -0500GES ) surged to a 52-week high Tuesday after the retailer reported better-than-expected quarterly results and a bullish outlook for the holiday shopping season. Guess’s quarterly report, which wa... Fox Business Tue, 01 Dec 2009 12:08:16 -0500SAN FRANCISCO -- Freddie Mac said Tuesday it priced $4 billion in new 1.375% three-year Reference Notes at 99.903, or 31 basis points above three-year U.S. Treasury notes. The issue price represents ... Fox Business Tue, 01 Dec 2009 12:08:13 -0500SBUX ) named a new head of its international operations on Tuesday, replacing Martin Coles, who resigned to “pursue new opportunities.” The coffee giant said John Clover will take over as presid... Fox Business Tue, 01 Dec 2009 12:08:08 -0500NEW YORK (Reuters) - The U.S. manufacturing sector grew for the fourth straight month in November, though at a slower pace, and questions remain about the staying power of the incipient economic recov... Reuters Tue, 01 Dec 2009 12:07:16 -0500Canada’s economic growth rate should be a little rosier in the remainder of this year and in 2010, Finance Minister Jim Flaherty said on Tuesday... Financial Post Tue, 01 Dec 2009 12:06:49 -0500Edward Sonshine, chief executive of RioCan REIT, which on Tuesday said it that its share of a deal to purchase four new format retail shopping centres in Western Canada is $166-million. Financial Post Tue, 01 Dec 2009 12:06:45 -0500OTTAWA -- More than half of Canadians are cutting back on holiday spending this year and one in five are not buying gifts at all, even though the majority expect the economy to improve in the new year... Financial Post Tue, 01 Dec 2009 12:06:37 -0500Teck Resources Ltd., Canada's largest base-metals producer, said its partnership with China's sovereign wealth fund will win the company more coal, copper and zinc sales and provide financing for futu... Financial Post Tue, 01 Dec 2009 12:06:36 -0500WASHINGTON -- Pending sales of previously owned U.S. homes rose unexpectedly to their highest level in 3-1/2 years in October, a survey showed on Tuesday, suggesting the housing market recovery was ga... Financial Post Tue, 01 Dec 2009 12:06:33 -0500DUBAI -- Gulf markets dropped again on Tuesday, taking little comfort from Dubai World's plan to restructure about US$26-billion of debt, while the rulers of Abu Dhabi and Dubai talked up their econom... Financial Post Tue, 01 Dec 2009 12:06:32 -0500Canwest Global Communications Corp. won an extension from its lenders on Tuesday, giving the media firm's main holding unit more time to re-capitalize under court protection. Canwest, which owns ... Financial Post Tue, 01 Dec 2009 12:06:30 -0500Australia's Glenn Stevens will continue leading the world in raising interest rates, with economists predicting a record fourth straight increase at the central bank's next meeting in February. R... Financial Post Tue, 01 Dec 2009 12:06:29 -0500---------- BOJ's new steps will be 'quite effective': Keidanren chief SINGAPORE - The head of Japan's most powerful business lobby on Tuesday welcomed the Bank of Japan's decision to implement additio... Breitbart Tue, 01 Dec 2009 11:43:42 -0500-(Dow Jones)- Major U.S. banks are slightly more than halfway finished absorbing loan losses from the financial crisis and building up reserves, Citigroup said Monday. Morning Star Tue, 01 Dec 2009 11:39:40 -0500A former Nakheel executive has told the BBC the company expanded too quickly. Nakheel put Dubai on the map by building offshore islands such as The Palm and The World. Now it is at the heart of the de... BBC Tue, 01 Dec 2009 11:38:37 -0500The cost of paying off the massive pension scheme deficit at BT may lead to higher charges for some of the company's business customers.The telecoms regulator Ofcom is consulting on whether or not to ... BBC Tue, 01 Dec 2009 11:38:36 -0500A former lawyer based in South Florida has been charged with operating a $1bn (£603m) investment fraud scheme.Scott Rothstein, 47, is expected to appear before a federal magistrate in Fort Laude... BBC Tue, 01 Dec 2009 11:38:35 -0500(RTTNews) - Stocks are seeing considerable strength in mid-morning trading on Tuesday, largely holding onto their earlier gains after the release of a series of mixed economic reports. The major aver... Quote.com Tue, 01 Dec 2009 11:37:38 -0500NEW YORK - The number of homebuyers who signed contracts to buy previously occupied homes rose for the ninth straight month as buyers rushed to take advantage of a tax credit for first-time owners be... Star Tribune Tue, 01 Dec 2009 11:05:16 -0500MARSHALL, Minn. - Schwan Food has sold its contact center business to a Bloomington company. The sale includes a call center building in Marshall. Schwan Food Company has previously handled customer... Star Tribune Tue, 01 Dec 2009 11:05:14 -0500HARTFORD, Conn. - Shares of Packaging Corp. of America jumped Tuesday as Credit Suisse said profit will likely rise next year at the cardboard box material maker. Credit Suisse added the Lake Forest... Star Tribune Tue, 01 Dec 2009 11:05:13 -0500MERRILLVILLE, Ind. - Northern Indiana Public Service Co. says it is reinstating a heating assistance program in line with a state order requiring it to pay more of the program's funding. NiSource In... Star Tribune Tue, 01 Dec 2009 11:05:12 -0500BOSTON (MarketWatch) -- Drug stocks trended higher in early trading Tuesday as shares of Pfizer Inc. rose on news that it has signed a deal with Israeli drugmaker Protalix BioTherapeutics to commercia... MarketWatch Tue, 01 Dec 2009 10:59:05 -0500NEW YORK (MarketWatch) -- Energy stocks are leading the market higher Tuesday as equities tied to the oil and gas business get a double lift from rising oil prices and easing jitters over Dubai. ... MarketWatch Tue, 01 Dec 2009 10:58:59 -0500NEW YORK (MarketWatch) -- Airline stocks got a boost Tuesday from a robust market rally and expectations that Continental Airlines will report improved revenue trends for November thanks to firmer dem... MarketWatch Tue, 01 Dec 2009 10:58:58 -0500NEW YORK (MarketWatch) -- A slew of analyst comments on banking stocks lifted the industry in early Tuesday trade, lending support to the broader financial sector and the rest of the market. Anal... MarketWatch Tue, 01 Dec 2009 10:58:56 -050027 Apr 2009: More than £150bn has been wiped off the fortunes of the UK's richest people. In just a year the number of billionaires has fallen from 75 to 43... Guardian Tue, 01 Dec 2009 10:55:25 -0500Two of the UK's biggest building societies are in advanced talks about a potential merger.The Yorkshire Building Society, the UK's second biggest society, and Chelsea, the fifth biggest, are negotiati... Guardian Tue, 01 Dec 2009 10:55:24 -0500Property prices, especially flats and apartments, have recently taken a hammering. Photograph: Christopher Thomond The average house price rose by more than £700 last month, and they will end the y... Guardian Tue, 01 Dec 2009 10:55:21 -0500The company is predicting shortages of a number of key products, in particular its Go Go Pets - robotic hamsters which presumably live longer than the real thing - and Peppa Pig products. It also hope... Guardian Tue, 01 Dec 2009 10:55:16 -0500By STEPHEN BERNARDAP BUSINESS WRITER NEW YORK -- American International Group Inc. on Tuesday slashed the amount of money it owes the government by $25 billion, completing a move of two subsidiarie... Seattle Post-Intelligencer Tue, 01 Dec 2009 10:45:51 -0500NEW YORK (CNNMoney.com) -- Life might be good again on Wall Street these days, but financial firms are taking pains not to pop the champagne corks this holiday season.Faced with a public relations nig... CNN Money Tue, 01 Dec 2009 10:42:52 -0500(Fortune Magazine) -- The scariest six words a consumer electronics chain can hear are "Wal-Mart is getting into your space." That's exactly the problem Best Buy is facing this holiday seaso... CNN Money Tue, 01 Dec 2009 10:42:47 -0500(Fortune Magazine) -- The scariest six words a consumer electronics chain can hear are "Wal-Mart is getting into your space." That's exactly the problem Best Buy is facing this holiday seaso... Fortune Tue, 01 Dec 2009 10:42:39 -0500Supermarket giant Tesco has delayed the opening of a new supermarket until after Christmas following a threat of legal action.The store in Newtown, Powys, has been built, but roadworks on the site are... BBC Tue, 01 Dec 2009 10:36:49 -0500The iPhone may top many Christmas lists this year, but there are fears the surge of new users could help squeeze the UK's 3G networks to breaking point. Sky News Tue, 01 Dec 2009 10:36:30 -0500PEORIA, Ill. (AP) ? Caterpillar said Monday it plans to buy a subsidiary of a South Korean manufacturer of components for earthmoving and other machinery. International Herald Tribune Tue, 01 Dec 2009 10:33:30 -0500Dear Credit Score Report, I have a small bank loan (less than 3K) that originated in 95. The originator placed in write-off status in 2000-2001. I found out it was sold to a collection agency around... Fox Business Tue, 01 Dec 2009 10:29:21 -0500BOSTON -- Drug stocks trended higher in early trading Tuesday while shares of Human Genome Sciences, or HGS, fell the day after it announced it commenced a public offering of 12.5 million of its comm... Fox Business Tue, 01 Dec 2009 10:29:19 -0500NEW YORK -- A slew of analyst comments on banking stocks lifted the industry in early Tuesday trade, lending support to the broader financial sector and the rest of the market. Analysts at Citigroup ... Fox Business Tue, 01 Dec 2009 10:29:16 -0500NEW YORK -- Retail stocks rose on Tuesday after No. 1 U.S. office-supplies retailer Staples Inc. posted a better than expected profit, boosted by its first North American retail traffic gain in nine ... Fox Business Tue, 01 Dec 2009 10:29:15 -0500NEW YORK - Airline stocks got a boost Tuesday from a robust wider-market rally and with expectations that Continental Airlines will report improved revenue trends for November thanks to firmer demand... Fox Business Tue, 01 Dec 2009 10:29:13 -0500SAN FRANCISCO - Technology stocks posted early gains on Tuesday, as the broader market also rose amid optimism that the Dubai crisis will be contained in the region. The Nasdaq Composite Index went u... Fox Business Tue, 01 Dec 2009 10:29:10 -0500NEW YORK -- U.S. stocks began strongly higher Tuesday ahead of economic reports on housing and manufacturing. Materials and energy shares fronted the gains. The Dow Jones Industrial Average gained 10... Fox Business Tue, 01 Dec 2009 10:29:06 -0500IT ) said Tuesday it has inked a $64 million all-cash deal to acquire fellow IT research firm AMR Research. The companies said the buyout is expected to expand Gartner’s range of research offering... Fox Business Tue, 01 Dec 2009 10:29:04 -0500 |
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