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Top Stories: Sovereign debt remains an issue with Dubai still in the spotlight, while a debt downgrade for Greece by Fitch Ratings also raised eyebrows. Big News Network.com Wed, 09 Dec 2009 13:52:55 -0500US President Barack Obama has outlined proposals to boost US employment by calling for breaks for small business. Big News Network.com Wed, 09 Dec 2009 03:20:59 -0500Gatorade has said it will discontinue its Tiger Focus drink campaign. Big News Network.com Wed, 09 Dec 2009 03:42:34 -0500A drawing by Raphael has been sold for a record price at Christie’s in London. Big News Network.com Wed, 09 Dec 2009 03:26:00 -0500The US Supreme Court has given disgraced Anglo-Canadian media mogul Conrad Black hope for another day in court. Big News Network.com Wed, 09 Dec 2009 03:12:48 -0500Ireland is going ahead with a public service austerity package for its 2010 annual budget. Big News Network.com Wed, 09 Dec 2009 03:04:03 -0500Paul Volcker, a former chairman of the US Federal Reserve, has criticised high-level bankers for failing to grasp the magnitude of the financial crisis. Big News Network.com Wed, 09 Dec 2009 02:58:21 -0500The CIT Group in the US has managed to reorganiseits bankrupcy protection plan. Big News Network.com Tue, 08 Dec 2009 20:14:39 -0500United Airlines has announced it will take 25 Airbus and 25 Boeing widebody aircraft. Big News Network.com Tue, 08 Dec 2009 19:46:42 -0500Visa and MasterCard have agreed to pay over one billion dollars to merchants across the United States as part of an antitrust settlement. Big News Network.com Tue, 08 Dec 2009 19:39:20 -0500Washington, Dec 9 (IANS) Dodgy answers to questions by an airport inspector about his overseas travels that he could not back with documentary proof put Pakistani American David Headley, alias Daood Gilani, who has been charged with helping to plan the Mumbai terror assault, on the primary scanner of US investigators, according to the Wall Street Journal. IANS Wed, 09 Dec 2009 04:50:04 -0500Chicago, Dec 9 (IANS) The Indian arm of GE Healthcare, the $17 billion healthcare business of General Electric Company, is promoting a unique public-private partnership (PPP) initiative to bring accessible and affordable rural healthcare across India. IANS Wed, 09 Dec 2009 01:40:03 -0500Washington, Dec 9 (IANS) Deceptive answers about his travels abroad to an airport inspector proved to be the undoing of Pakistani American terror suspect David Headley, charged with helping to plan the Mumbai terror attacks, according to the Wall Street Journal. IANS Wed, 09 Dec 2009 00:50:02 -0500New York, Dec 9 (DPA) US stocks fell Tuesday, following a retreat in global markets amid credit worries for Dubai and Greece. IANS Tue, 08 Dec 2009 18:40:01 -0500CHARLOTTE, N.C. - Bank of America Corp. said Wednesday it has repaid the entire $45 billion it owed U.S. taxpayers as part of the Troubled Asset Relief Program. Bank of America, which announced its ... Star Tribune Wed, 09 Dec 2009 16:07:28 -0500COPENHAGEN - Declaring "it's a matter of survival," one of the world's tiniest nations, speaking for imperiled islands everywhere, took on global industrial and oil powers Wednesday at the ... Star Tribune Wed, 09 Dec 2009 16:07:26 -0500CUB ) today reported record high sales and earnings for the fiscal year ended September 30, 2009. Sales in fiscal 2009 were $1.017 billion, exceeding $1 billion for the first time and representing ... Market Wire Wed, 09 Dec 2009 16:02:34 -0500National insurance contributions will rise by 0.5%, it was announced in the pre-budget report. Photograph: Corbis/Richard Baker Business leaders condemned the chancellor's decision to raise national... Guardian Wed, 09 Dec 2009 15:57:22 -0500Debenhams earned big bonuses last year – despite cutting the dividend paid to shareholders.Chief executive Rob Templeman was paid a total of £1.2m, including a bonus of £428,000, while finance dir... Guardian Wed, 09 Dec 2009 15:57:20 -0500Rail passengers in the north-west to benefit from faster train journeys as government extends its modernisation programme. Photograph: Jonny Green... Guardian Wed, 09 Dec 2009 15:57:17 -0500Labour would nurture the recovery; the Tories would put it at risk by cutting deeper, earlier and more indiscriminately.This was part of an attempt to construct a political narrative for the coming mo... Guardian Wed, 09 Dec 2009 15:57:16 -0500New York Gov. David Paterson tried to pump up Wall Street on Wednesday, while his No. 2 official said the state deficit next year has risen to $9 billion. In a campaign-style speech, Paterson, who ha... Business Journal Wed, 09 Dec 2009 15:51:01 -0500NetView filed a complaint in Boston District Court , alleging Microsoft’s Office Sharepoint Server infringes a 2007 patent protecting a process for extracting information from a spreadsheet. Th... Business Journal Wed, 09 Dec 2009 15:50:44 -0500Washington, D.C., will be the host of the Microsoft Worldwide Partner Conference, an event that will bring more than 10,000 individuals to the city. The event is expected to generate $14.5 million in... Puget Sound Business Journal Wed, 09 Dec 2009 15:50:28 -0500NetView filed a complaint in Boston District Court , alleging Microsoft’s Office Sharepoint Server infringes a 2007 patent protecting a process for extracting information from a spreadsheet. Th... Boston Business Journal Wed, 09 Dec 2009 15:49:47 -0500SAIC Inc. reported higher revenue and earnings for its latest quarter, but said the growth ahead will be at the low end of its goals. The McLean, Va.-based provider of information technology services... Baltimore Business Journal Wed, 09 Dec 2009 15:49:33 -0500Former Bank of England policy maker Willem Buiter said Greece may be the first major country in the European Union to default on its debts since the aftermath of World War II. Buiter, who will join... Times Of India Wed, 09 Dec 2009 15:17:14 -0500SAN FRANCISCO (MarketWatch) -- A Google Inc. executive said Wednesday that the company's Apps software has won over 20 million users across "a few million businesses," as it looks ahead to an impendin... Market Watch Wed, 09 Dec 2009 15:06:01 -0500BOSTON -- UBS on Wednesday lowered its share-price targets on a trio of trust banks: State Street Corp. , Bank of New York Mellon Corp. and Northern Trust Corp. . "We think trust banks remain lacklus... Fox Business Wed, 09 Dec 2009 15:04:38 -0500BOSTON -- Shares of exchange operator NYSE Euronext were up nearly 3% on a quiet day in the financial sector Wednesday after Raymond James upgraded its view on the company to outperform from market p... Fox Business Wed, 09 Dec 2009 15:04:36 -0500NEW YORK -- Gold futures fell Wednesday for a fourth straight session to the lowest level in nearly one month, as the dollar rose against the euro after Standard & Poor's cut the outlook on Spain, a ... Fox Business Wed, 09 Dec 2009 15:04:30 -0500LOS ANGELES -- Deals that brought Chinese and Brazilian companies public drove recovery in global activity for initial public offerings in the second half of 2009, according to a report issued Wednes... Fox Business Wed, 09 Dec 2009 15:04:28 -0500BOSTON -- Shares of mortgage insurers were lower in afternoon trading Wednesday after Fitch Ratings downgraded the insurer financial strength rating of CMG Mortgage Insurance Company to 'BBB' from 'A... Fox Business Wed, 09 Dec 2009 15:04:27 -0500NEW YORK -- The Treasury Department sold $21 billion in 10-year notes on Wednesday at a yield of 3.448%, higher than traders anticipated, according to CRT Capital Group. The sale is a reopening, mean... Fox Business Wed, 09 Dec 2009 15:04:24 -0500WASHINGTON -- President Barack Obama on Wednesday urged top lawmakers to follow through with proposals to create jobs, including eliminating the capital gains tax on small business investment and a t... Fox Business Wed, 09 Dec 2009 15:04:21 -0500CHICAGO (Reuters) - Traders have been scooping up Research in Motion's call options this week, betting the shares will benefit from a BlackBerry distribution deal in China and stronger-than-expected e... Reuters Wed, 09 Dec 2009 15:02:56 -0500LONDON (Reuters) - Angry London bankers and traders accused finance minister Alistair Darling on Wednesday of "lip service" to appease the poor with a levy on bank bonuses. Reuters Wed, 09 Dec 2009 15:02:54 -0500Treasury Secretary Timothy Geithner testifies on Capitol Hill in Washington, Thursday, Nov. 19, 2009, before the Joint Economic Committee hearing on financial regulatory reform. Geithner announced tod... CBS News Wed, 09 Dec 2009 15:00:14 -0500Henderson Exits As GM Board Seeks Faster Change (AP) House and Senate leaders proposed a compromise plan Tuesday to give shuttered General Motors and Chrysler dealers an appeals process to... CBS News Wed, 09 Dec 2009 15:00:13 -0500Videos such as Michael Jackson Universal Music Group dreamed it up, Sony Music and Abu Dhabi invested, and now, the on-demand music-video service Vevo has finally launched. The main inspiration for th... Wired News Wed, 09 Dec 2009 14:55:08 -0500Yair Reiner, an analyst for Oppenheimer, has lit some incense, drained his tea-cup and stared deep into the pattern of the remaining leaves. The fates have thus communicated to him the following ̶... Wired News Wed, 09 Dec 2009 14:55:05 -0500LONDON: Britain forecast a far deeper recession than thought on Wednesday, with the economy set to shrink 4.75% this year, while it used a budget statement to unveil a tax on bankers’ bonuses. ... Times Of India Wed, 09 Dec 2009 14:33:52 -0500EGN today approved the energy company’s 2010 budget, which supports calendar-year earnings within a range of $4.20−$4.60 per diluted share. This reflects an increase of 20 cents per diluted sha... CNBC Wed, 09 Dec 2009 14:31:07 -0500/PRNewswire-FirstCall/ - Harry Winston Diamond Corporation (TSX: HW, NYSE: HWD) (the "Company") today reported third quarter results for the period ended... CNBC Wed, 09 Dec 2009 14:31:04 -0500All PR Newswire news Sales Increased 9% To $4.4 Million For The Quarter; Sales Increased 13% To $10.5 Million For The Six MonthsBoot Hill Casino & Resort Is Scheduled To Open Mid December... CNBC Wed, 09 Dec 2009 14:31:01 -0500The power generator supplier Aggreko, which rents out generators for events such as the Glastonbury music festival, is to enter the FTSE 100.The firm will replace pest control and business services gr... BBC Wed, 09 Dec 2009 14:30:34 -0500WASHINGTON - President Barack Obama on Wednesday praised a Senate health care compromise that would jettison a full-blown government insurance plan in favor of expanding Medicare and creating new pri... Star Tribune Wed, 09 Dec 2009 13:47:06 -0500WASHINGTON - President Barack Obama says he is still hoping for bipartisan support in using financial bailout money to help small businesses and bring down double-digit unemployment. Emerging from a... Star Tribune Wed, 09 Dec 2009 13:47:05 -0500SAN FRANCISCO (MarketWatch) -- Canadian stocks headed for their fifth straight loss Wednesday, giving up earlier gains and weighed down by a drop in insurance and health-care stocks. The S&P/... MarketWatch Wed, 09 Dec 2009 13:40:38 -0500NEW YORK (MarketWatch) -- Airline stocks were mostly in the red Wednesday as oil prices edged higher, while Southwest Airlines Co. and Delta Air Lines Inc. disagreed over whether the business travel m... MarketWatch Wed, 09 Dec 2009 13:40:35 -0500VW's acquisition of a £1.5bn stake in Suzuki could lead to a joint venture targeting success in emerging markets. Photograph: Krafft Angerer/Getty Images... Guardian Wed, 09 Dec 2009 13:36:48 -0500Stagecoach has called a truce in its acrimonious dispute with the government, months after the public transport group launched an extraordinary tirade against the "dysfunctional" Department for Transp... Guardian Wed, 09 Dec 2009 13:36:45 -0500'Strong character' and easyjet owner Sir Stelios Haji-Ioannou is known to have a long-running dispute with resigning chairman Andy Harrison. Photograph: Linda Nylind The wave of management departure... Guardian Wed, 09 Dec 2009 13:36:43 -0500While the chancellor's pre-budget report offers some help to the unemployment, most people's finances remain in status quo. Photograph: Andy Rain/EPA The... Guardian Wed, 09 Dec 2009 13:36:37 -0500Conservatives are making use of Google's AdWords platform to make sure that anyone searching for "Budget", "Pre-Budget Report" or "Treasury" will see their website prominently displayed.AdWords allows... Guardian Wed, 09 Dec 2009 13:36:35 -0500Alistair Darling will use the proceeds of his one-off windfall tax on bankers' bonuses to give extra help to the young unemployed.The chancellor announced that everyone aged 18-24 who had been out of ... Guardian Wed, 09 Dec 2009 13:36:32 -0500Pinkstinks , "the culture of pink invades every aspect of girls' lives", and the relentless march of pinkification must be stopped before the nation's six-year-olds set out, en masse, to shred the las... Guardian Wed, 09 Dec 2009 13:36:30 -0500The Federation of Small Businesses welcomed plans to set up a national investment corporation to be funded with £500m of contributions from banks and other financial institutions and designed to supp... Guardian Wed, 09 Dec 2009 13:36:26 -0500A cut in bingo duty, as part of the chancellor's pre-budget report is set to help an industry hit by the recession and smoking ban. Photograph: Graeme Robertson Britain's gaming industry has given a... Guardian Wed, 09 Dec 2009 13:36:24 -0500City of Industry, CA --(www.FinancialNewsUSA.com)-- 12/09/2009 - Retail industry news provided by Financial News USA. Neiman Marcus, Inc. today reported financial results for the first quarter of fisc... Financial News USA Wed, 09 Dec 2009 13:36:20 -0500IDG News Service - Microsoft may begin collecting royalties again for licensing some protocols because clear technical documentation is now available, the U.S. Department of Justice (DOJ) said on Tues... Computerworld Wed, 09 Dec 2009 13:32:49 -0500IT vendors such as Cisco, HP, IBM, Microsoft, and EMC have joined the Enterprise Cloud Buyers Council, a group created by TM Forum to remove the challenges that are making it difficult for the larger ... eWeek Wed, 09 Dec 2009 13:25:51 -0500Financial markets have been watching statements by Greek and EU policymakers, as concerns Europe's richer economies might not step in to bail Greece out of its financial difficulties rise. The Greek F... BBC Wed, 09 Dec 2009 12:44:38 -0500The chairman of United Airlines has told the BBC that its deal to buy 50 Airbus and Boeing jets is affordable, and can be scaled back if the economy does not recover quickly enough. Glenn Tilton said ... BBC Wed, 09 Dec 2009 12:44:37 -0500Young people who are unemployed for six months will be guaranteed work or training, Chancellor Alistair Darling, has announced.The scheme, which will begin next month, was unveiled as part of his pre-... BBC Wed, 09 Dec 2009 12:44:35 -0500RMBS ), settling a disagreement over patent royalties charged for computer memory chips. Rambus agreed not to charge royalties for two of its previous chips, and will charge 1.5% for more recent mode... Fox Business Wed, 09 Dec 2009 12:22:51 -0500SAN FRANCISCO -- Hewlett-Packard Co. is "in a very different place than we were a year ago," according to Chief Financial Officer Cathie Lesjak. Speaking at the Barclays Tech Conference in San Franci... Fox Business Wed, 09 Dec 2009 12:22:50 -0500CHICAGO -- Gannett Co. U.S. Community Publishing President Bob Dickey said Thursday that advertising trends at the company's newspapers are improving during the fourth quarter, across the classified,... Fox Business Wed, 09 Dec 2009 12:22:48 -0500NEW YORK -- U.S. stocks turned higher on Wednesday, with energy shares fronting the rise, after the government reported oil inventories fell last week, bolstering the price of crude. The Dow Jones In... Fox Business Wed, 09 Dec 2009 12:22:46 -0500NEW YORK (Reuters) - The Treasury Department said on Wednesday it froze a $1 billion public-private investment fund set up by TCW Group Inc to buy toxic financial assets, saying the departure of star ... Reuters Wed, 09 Dec 2009 12:21:41 -0500NEW YORK (Reuters) - Shares of U.S. health insurers rose on Wednesday after efforts to overhaul the health system moved away from creating a government-run insurance plan long viewed as damaging to th... Reuters Wed, 09 Dec 2009 12:21:40 -0500Traders are snapping up options on Research In Motion Ltd., betting the shares will climb 31% in five weeks as sales in China accelerate. Investors buying contracts to purchase RIM for $80 throug... Financial Post Wed, 09 Dec 2009 12:21:05 -0500Cnooc Ltd., China's biggest offshore oil explorer, said its Canada-based partner Husky Energy Inc. has made a second "significant" deepwater gas discovery in the South China Sea, indicating "huge pote... Financial Post Wed, 09 Dec 2009 12:21:01 -0500Microsoft Tuesday created a new division designed to brings its cloud and on-premises software development together and provide a consistent platform for corporate customers. CIO Wed, 09 Dec 2009 12:20:52 -0500By Blaise Robinson PARIS, Dec 9 (Reuters) - European stocks were ahead slightly at midday on Wednesday, after three days of losses, but financial shares remained under pressure as Greek banking stocks... London South East Wed, 09 Dec 2009 12:07:24 -0500— Ai Li's Buick may help push China past the U.S. as the world's largest car market this year. That may be little consolation to General Motors Co. and Volkswagen AG as overcapacity in the count... Business Week Wed, 09 Dec 2009 11:58:51 -0500The maximum penalty for offshore tax dodging will double to 200% of the unpaid tax, the government has announced in its pre-Budget report.The plan is one of 14 separate new measures announced aimed at... BBC Wed, 09 Dec 2009 11:52:23 -0500Experts have criticised fresh changes to the pension system for adding a greater burden to employers running schemes.Chancellor Alistair Darling announced moves to prevent people with incomes of over ... BBC Wed, 09 Dec 2009 11:52:22 -0500The Irish government has unveiled one of the most severe budgets in the Republic's history.Finance Minister Brian Lenihan announced pay cuts for public sector workers, as part of efforts to achieve sa... BBC Wed, 09 Dec 2009 11:52:19 -0500PORTLAND, Maine - A bankruptcy court hearing has been put on hold on a motion by FairPoint Communications asking that it not be forced to give rebates to its Maine customers. The hearing in U.S. Ban... Star Tribune Wed, 09 Dec 2009 11:21:29 -0500TV cooking star Paula Deen's holiday dishes may be rich, but they're not costly to prepare.Her Southern-style comfort food — down-home and traditional — is a natural fit for the season t... Star Tribune Wed, 09 Dec 2009 11:21:26 -0500WESTON, FL--(Marketwire - December 9, 2009) - Wall Street News Alert's "stocks to watch" this morning are: PrimeGen Energy Corporation (... Market Wire Wed, 09 Dec 2009 11:16:46 -0500NEW YORK (MarketWatch) -- Energy stocks reversed course and rose slightly Wednesday on a draw down in petroleum inventories, but supplies of gasoline increased. MarketWatch Wed, 09 Dec 2009 11:15:16 -0500SAN FRANCISCO (MarketWatch) -- Sprint Nextel Corp. was lifted to a buy rating by Citigroup on Wednesday morning, with the broker citing the possibility for further cost reductions and a potential merg... MarketWatch Wed, 09 Dec 2009 11:15:13 -0500SAN FRANCISCO (MarketWatch) -- The tech sector dipped early Wednesday as shares of Texas Instruments Inc. fell on what analysts said was likely a wave of profit-taking. MarketWatch Wed, 09 Dec 2009 11:15:11 -0500BOSTON (MarketWatch) -- Drug stocks moved south early Wednesday, joining the broader market in negative territory. The NYSE Arca Pharmaceutical Index... MarketWatch Wed, 09 Dec 2009 11:15:08 -0500BOSTON (MarketWatch) -- U.S. financial stocks were little-changed in the early going Wednesday as investors were greeted with news the Treasury Department plans to extend the financial-bailout program... MarketWatch Wed, 09 Dec 2009 11:15:06 -0500Standard Chartered bank is positioning itself for growth in Asia and the other emerging markets it has a presence. Photograph: Samantha Sin/AFP/Getty Images... Guardian Wed, 09 Dec 2009 11:11:43 -0500Alistair Darling's tax on banking bonuses could fall victim to the City's clever accounting. Photograph: David Levene Filed your tax return already? Like most of the country, you probably see your t... Guardian Wed, 09 Dec 2009 11:11:40 -0500The reaction, or rather non-reaction, of the financial markets to the pre-budget report came from a sense of relief that the underlying budget deficit picture was left broadly unchanged... Guardian Wed, 09 Dec 2009 11:11:37 -0500The chancellor is to increase help for young jobseekers by using funds from the windfall tax on banks as part of anti-unemployment measures. Photograph: Ben Stansall/AFP Young jobseekers will be gua... Guardian Wed, 09 Dec 2009 11:11:24 -0500Alistair Darling's speech .Well, OK: Osborne's claim is literally indisputable. Darling's statement was in every way dominated by the coming general election. But don't let's get too ahead of ourselve... Guardian Wed, 09 Dec 2009 11:11:21 -0500Stamp duty will revert to £125,000 from January 2010, it was announced today. Photograph: David Levene First-time buyers were dealt a blow in today's... Guardian Wed, 09 Dec 2009 11:11:17 -0500 |
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