Google News - Business
Updated : Tue, 06 Jan 2009 09:06:48 GMT
Asia markets up; US stocks lower - CNN
 Washington Times | Asia markets up; US stocks lower CNN - (CNN) -- Asian Pacific markets traded up Tuesday, as a stronger dollar made export-related stocks favorable to investors. A priest officiates a mass at the Philippine Stock Exchange Monday. US Stocks Retreat on Earnings Concern; AT&T, JPMorgan Decline Stocks Close Down Despite Automakers' Rally |
Publ.Date : Tue, 06 Jan 2009 06:08:53 GMT
Toyota, Honda US Slump Ends Gains Dating to Mid-90s - Bloomberg
 New York Times | Toyota, Honda US Slump Ends Gains Dating to Mid-90s Bloomberg - By Alan Ohnsman and Mike Ramsey Jan. 6 (Bloomberg) -- Toyota Motor Corp. and Honda Motor Co. said US sales plummeted by more than a third in December as the recession and weak consumer confidence ended annual gains for Japan’s two largest automakers ... Video: Chrysler, Toyota, Lead Declines in Auto Sales Detroit 3 look for midyear sales boost in stimulus aid |
Publ.Date : Tue, 06 Jan 2009 07:37:43 GMT
Russia Reduces Gas Deliveries Via Ukraine; Balkan Supply Halted - Bloomberg
Russia Reduces Gas Deliveries Via Ukraine; Balkan Supply Halted Bloomberg - By Daryna Krasnolutska Jan. 6 (Bloomberg) -- Russia reduced natural gas shipments to Europe through Ukraine and deliveries to the Balkans were cut at the Romanian border as a dispute over pricing and transit fees led to a sixth day of supply disruption ... Video: Ukraine to make up for stolen European gas Russia supplies to south-east Europe halted |
Publ.Date : Tue, 06 Jan 2009 08:12:22 GMT
Nikkei up 0.4 pct on yen, hopes for US econ steps - Reuters
 BBC News | Nikkei up 0.4 pct on yen, hopes for US econ steps Reuters - By Aiko Hayashi TOKYO, Jan 6 (Reuters) - The Nikkei average rose 0.4 percent to hit a two-month closing high on Tuesday, buoyed by exporters such as Canon Inc (7751. Japan stocks rise on weaker yen, US stimulus plan Profit-taking expected to soften share gains in Asia |
Publ.Date : Tue, 06 Jan 2009 08:10:01 GMT
Venture firms find turning investments tougher - San Francisco Chronicle
 Wall Street Journal Blogs | Venture firms find turning investments tougher San Francisco Chronicle - Liquefying venture capital investments is harder than ever amid the global economic downturn and financial turmoil. Far fewer venture-backed companies went public or were sold in 2008 than in previous years, said a report released Monday by the ... IPOs at standstill as economy stalls Slowdown puts start-up funds in peril |
Publ.Date : Tue, 06 Jan 2009 08:11:24 GMT
Citgo Stops US Oil Gifts in Sign Chávez Feels Pain - Wall Street Journal
 Boston Globe | Citgo Stops US Oil Gifts in Sign Chávez Feels Pain Wall Street Journal - By JOEL MILLMAN and ANA CAMPOY Citgo Petroleum Corp., the US refiner owned by the Venezuelan government, will suspend charitable contributions of home heating oil to poor US households -- a sign that falling oil prices may hamstring Venezuelan ... Venezuela Suspends Heating Aid to the US Chavez Says He’ll ‘Protect’ Dollars Amid Drop in Oil |
Publ.Date : Tue, 06 Jan 2009 05:02:35 GMT
Hyundai gives recession-fearful buyers a way out - Los Angeles Times
 Cars.com | Hyundai gives recession-fearful buyers a way out Los Angeles Times - Those who finance or lease a new vehicle in the next 12 months can return it if they 'experience an involuntary loss of income' within a year. Hyundai Plans 'Giveback' Program on Cars Hyundai rolls out no-cost car return program |
Publ.Date : Tue, 06 Jan 2009 08:02:11 GMT
Report: China targets Web sites with 'porn' - CNN International
 Siliconrepublic.com | Report: China targets Web sites with 'porn' CNN International - (CNN) -- China has released a blacklist of 19 major online portals and Web sites, including Google and Baidu, that it claims provide and spread pornographic or obscene content, state media reported. China raps Google for allowing 'vulgar' content China cracks down on porn |
Publ.Date : Tue, 06 Jan 2009 08:25:17 GMT
Manhattan Apartment Sales Drop for Fourth Quarter in Recession - Bloomberg
 PR-Inside.com (Pressemitteilung) | Manhattan Apartment Sales Drop for Fourth Quarter in Recession Bloomberg - By Peter S. Green Jan. 6 (Bloomberg) -- Manhattan apartment sales fell for the fourth straight quarter and prices for the most expensive apartments dropped for the first time since the recession began as the national housing slump hit the metropolitan ... Striking Declines Seen in Manhattan Real Estate Market Manhattan's Sterling Real-Estate Market Begins to Tarnish |
Publ.Date : Tue, 06 Jan 2009 05:52:50 GMT
Tech Stocks Seize Day Across Asia - Forbes
 Boston Globe | Tech Stocks Seize Day Across Asia Forbes - Investors embrace more risk in Japan, South Korea and Australia, while Hong Kong comes down from New Year's rally. Most markets across Asia extended their rallies Tuesday. GLOBAL MARKETS-Asia stocks up for 7th day on recovery hopes Asian markets extend gains, Nikkei up 0.4 percent |
Publ.Date : Tue, 06 Jan 2009 07:11:40 GMT
Madoff sends valuables to family - BBC News
 Boston Globe | Madoff sends valuables to family BBC News - US prosecutors have called for Bernard Madoff to be locked up until his trial after it emerged he had been sending valuables to family and friends. Madoff Sons Reported Jewelry Violations to US, Lawyer Says Prosecutors say Madoff's gift-giving broke rules |
Publ.Date : Tue, 06 Jan 2009 07:47:22 GMT
Logitech to Slash Jobs, Withdraws Financial Targets - Bloomberg
 Sify | Logitech to Slash Jobs, Withdraws Financial Targets Bloomberg - By Andrea Tan and Allan Lopez Jan. 6 (Bloomberg) -- Logitech International SA, the world’s biggest maker of computer mice, withdrew its fiscal 2009 financial targets and said it will cut 15 percent of its salaried workforce because of the deepening ... Logitech to slash 15 pct of jobs, withdraws targets Logitech withdraws 2009 estimate; cuts 15% of salaried jobs |
Publ.Date : Tue, 06 Jan 2009 04:45:03 GMT
JD Capital to Close Fund - Wall Street Journal
 State Journal | JD Capital to Close Fund Wall Street Journal - By JOSEPH CHECKLER JD Capital Management LLC, a hedge-fund firm founded by Goldman Sachs veteran J. David Rogers, is winding down its once-$1.3 billion multistrategy hedge fund after big losses in 2008. Harley International Fund Said to Have Invested With Madoff Hedge fund JD Capital liquidates Tempo Master fund |
Publ.Date : Tue, 06 Jan 2009 05:02:41 GMT
Euro Falls to Three-Week Low on Speculation ECB Will Cut Rates - Bloomberg
 RTE.ie | Euro Falls to Three-Week Low on Speculation ECB Will Cut Rates Bloomberg - By Stanley White Jan. 6 (Bloomberg) -- The euro fell to a three-week low against the dollar and declined versus the yen before data that will probably show slowing regional inflation, giving the European Central Bank more room to lower interest rates. Euro extends losses, hits 3-week low vs dollar, pound Dollar hits 3-week high vs euro, rate gap eyed |
Publ.Date : Tue, 06 Jan 2009 08:23:32 GMT
Fed Focuses on Consumer, Corporate Rate Spreads Over Treasuries - Bloomberg
 Sovereign Society | Fed Focuses on Consumer, Corporate Rate Spreads Over Treasuries Bloomberg - By Craig Torres Jan. 6 (Bloomberg) -- Federal Reserve officials are focused on driving down the spreads between US Treasury yields and consumer and corporate loans, after cutting the main interest rate to almost zero failed to revive lending. Big Year Coming For Bonds BOND REPORT: Treasurys Move Higher As Fed Buys Mortgage Bonds |
Publ.Date : Tue, 06 Jan 2009 05:18:28 GMT
Navistar Sees a Truck Rebound - Wall Street Journal
 Reuters | Navistar Sees a Truck Rebound Wall Street Journal - By AJA CARMICHAEL Navistar International Corp. projected fiscal 2009 earnings below analysts' expectations amid what it called a weak North American business climate. Optimistic forecast boosts Navistar shares Investors Get Navistar Struck |
Publ.Date : Tue, 06 Jan 2009 05:02:40 GMT
Merrill’s Brokerage Head Departs After Bank of America Purchase - Bloomberg
 CNBC | Merrill’s Brokerage Head Departs After Bank of America Purchase Bloomberg - By Josh Fineman and David Mildenberg Jan. 6 (Bloomberg) -- Merrill Lynch & Co. brokerage head Bob McCann announced plans to leave the company less than a week after Bank of America Corp. Merrill brokerage chief McCann to leave Merrill Lynch brokerage chief reportedly departs - Update |
Publ.Date : Tue, 06 Jan 2009 05:08:51 GMT
Oil above $48 as investors eye Gaza conflict, OPEC - The Associated Press
 BBC News | Oil above $48 as investors eye Gaza conflict, OPEC The Associated Press - SINGAPORE (AP) - Oil prices remained above $48 a barrel Tuesday in Asia amid signs OPEC is implementing announced production cuts and as Israel's ground offensive in Gaza kept tensions high in the oil-rich Middle East. Oil Curve Steeper Than '99 Shows Possible Gain in '09 NYMEX-Crude oil steady below $49 after gains on Gaza |
Publ.Date : Tue, 06 Jan 2009 07:50:13 GMT
Banks Don't Need to Be Forced to Lend - Wall Street Journal
 WCBD | Banks Don't Need to Be Forced to Lend Wall Street Journal - By BERT ELY Tomorrow, the House Financial Services Committee will hold a hearing to "discuss priorities" for the Obama administration's use of Troubled Asset Relief Program (TARP) funds. Michigan banks get short end of TARP; some say Treasury avoiding state Treasury provides $15B from bailout pot to 7 banks |
Publ.Date : Tue, 06 Jan 2009 05:02:36 GMT
New US Congress set to convene, focused on economy - Reuters
 Joy Online | New US Congress set to convene, focused on economy Reuters - By Thomas Ferraro and Richard Cowan WASHINGTON, Jan 6 (Reuters) - The new US Congress convenes on Tuesday under pressure to deal with a worsening economy by passing a stimulus package that Barack Obama could sign into law soon after being sworn in as ... Video: Obama's Pushes Stimulus Plan Obama's plan holds promise for Michigan |
Publ.Date : Tue, 06 Jan 2009 07:06:19 GMT
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