Business and Finance News
U.S. stocks creep higher
Iraq News.NetU.S. stocks made narrow advances Tuesday, as traders remained cautious on the economy.
Food prices in 2050 will be shocking
Iraq News.NetThe head of the UN Food and Agriculture Organisation has warned another food price crisis might happen if record high energy prices, growing demand for bio-fuels and low grain reserves force up price benchmarks.
More protests in India after raising of fuel price
Iraq News.NetThe main opposition Bharatiya Janata Party in india has protested over a hike in fuel prices.
Expensive houses wear well in UK economic crisis
Iraq News.NetLand Registry sale price statistics have shown that exclusive houses in England and Wales are still maintaining their high prices.
US rate rise inevitable
Iraq News.NetEconomists in Washington have suggested the Federal Reserve will soon raise benchmark interest rates.
Toyota chief expecting return to growth in US
Iraq News.NetThe market for Toyota cars in North America is expected to recover in March, according to the head of the company, Akio Toyoda.
Latin America expected to grow at good pace
Iraq News.NetThe Latinamerican economy could grow by 3% or more this year according to the Inter American Development Bank.
One hundred dollar bill redesigned
Iraq News.NetThe US has redesigned its hundred dollar bill to feature special security measures.
Qatar Airways building fleet
Iraq News.NetQatar Airways has doubled its fleet size over the past five years.
Internet Explorer users told to upgrade
Iraq News.NetGoogle has warned that anyone not using Internet Explorer 8 will soon lose service through the company.
Microsoft rolls out new MSN site design
Sign on San DiegoREDMOND, Wash. Microsoft is rolling out the new design for its MSN Web portal in the U.S. The software maker is saying goodbye to MSN.com's blue background and its blocks of text links. I...
Federal investigator sent to determine cause of reported runaway Prius on California freeway
Star TribuneEL CAJON, Calif. - Federal officials are sending an investigator to determine what caused a Toyota Prius to race out of control on a California freeway. A spokeswoman for the U.S. Department of Trans...
Sonic Automotive Inc. to sell up to $210 million in notes to retire higher-interest debt
Star TribuneDETROIT - Auto dealership group Sonic Automotive Inc. will offer up to $210 million in senior subordinated notes to institutional buyers, the company said Tuesday. Proceeds from the sale will cover ...
Microsoft rolls out new MSN site design
Seattle Post-IntelligencerTHE ASSOCIATED PRESS REDMOND, Wash. -- Microsoft is rolling out the new design for its MSN Web portal in the U.S. The software maker is saying goodbye to MSN.com's blue background and its blocks o...
Continental CEO will cancel flights before fines
Seattle Post-IntelligencerFILE - In this June 5, 2008 file photo, a Continental Airlines jet lands at George Bush Houston Intercontinental Airport, in Houston. Continental Airlines plans to cancel flights rather than risk stif...
Microsoft rolls out new MSN site design
Miami HeraldREDMOND, Wash. -- Microsoft is rolling out the new design for its MSN Web portal in the U.S.The software maker is saying goodbye to MSN.com's blue background and its blocks of text links. Instead, st...
Canadian Markets: Canadian stocks fall on oil, gold losses
MarketWatchSAN FRANCISCO (MarketWatch) -- Canadian stocks traded lower for a second session Tuesday as the price of commodities slipped. The S&P/TSX Composite Index
Best and worst stocks since market hit bottom
MarketWatchNEW YORK (MarketWatch) -- The U.S. stock market has gained 68% since the 17-month bear market hit its bottom one year ago, making winners out of a group of onetime basement-dwelling stocks and losers ...
Brussels targets derivatives to help euro
GuardianGreece by considering a ban on complex derivatives allegedly being used to undermine the single currency.The draconian move suggested by José Manuel Barroso, commission president, follows a joint cam...
Analysis: All pain and no gain as sterling's weakness fails to boost exports
GuardianUK manufacturing has been so hollowed it that it can no longer take full advantage of the weak pound. Photograph: Russell Binns/Rex Features A fall in the value of the pound pushes up the cost of im...
FTSE 100 ends day in negative territory
GuardianWeir Group, whose shares rose to a nineteen month high after the engineering company raised its outlook for the year on better than expected trading in the first weeks of 2010. "We're starting to see ...
Markets News Afternoon: One year after bear market 12 year lows in US and Europe when Warren Buffett said the US economy had "fallen off a cliff"
Finfacts Business NewsSee Search Box lower down this column for searches of Finfacts news pages. Where there may be the odd special character missing from an older page, it's a problem that developed when Interactiv...
Microsoft rolls out new MSN site design
ExaminerMicrosoft is rolling out the new design for its MSN Web portal in the U.S.The software maker is saying goodbye to MSN.com's blue background and its blocks of text links. Instead, starting Tuesday, the...
Bull Market Leaves Exxon Mobil Lagging Behind
CNBC] up about 40 percent. The commodity Exxon peddles has surged more than 70 percent in 12 months. “Money managers want a high beta energy play when oil starts to take off,” said Joe Terranova,...
Couche-Tard earnings fall to $54.8 million from $71.1 million
Canadian BusinessMONTREAL - Alimentation Couche-Tard Inc., Canada's largest convenience store operator (TSX:ATD.B) reports its third quarter profits fell to US$54.8 million from $71.1 million as the company was hit wi...
Boeing Exec: Tanker ‘Soap Opera’ May Not Be Over
Business WeekMarch 9 (Bloomberg) -- Northrop Grumman Corp.’s decision to forgo bidding on the U.S. Air Force’s $35 billion refueling tanker program, leaving Boeing Co. without a competitor, may not mar...
Cadillac Distances Itself From GM
Business WeekMarch 9 (Bloomberg) -- Cadillac, the luxury brand General Motors Co. acquired in 1909, is distancing itself from the Detroit-based automaker to avoid the stigma of the parent company’s $50 billi...
‘Cinderella’ Valley Vintners May Go Broke After Quake
Business WeekMarch 9 (Bloomberg) -- Chile’s strongest earthquake in 50 years may bankrupt smaller winemakers after vines collapsed, casks broke apart and millions of liters were spilled, a former Goldman Sac...
SEC Economist to Step Down Amid Conflict Over Short-Sale Rules
Business WeekMarch 9 (Bloomberg) -- The U.S. Securities and Exchange Commission’s top economist is leaving the agency after Chairman Mary Schapiro merged his office with another and passed short- selling rul...
N.J.’s Christie Says Layoffs Out for Cutting Budget
Business WeekMarch 9 (Bloomberg) -- New Jersey Governor Chris Christie said he’s unable to lay off or furlough unionized state workers to help close an $11 billion budget gap.
General Growth Investors Add $3.93 Billion to Plan
Business WeekMarch 9 (Bloomberg) -- General Growth Properties Inc. said its biggest debt and equity holders offered to jointly invest $3.93 billion in the company, bolstering a plan with Brookfield Asset Managemen...
Microsoft rolls out new MSN site design
The Seattle TimesREDMOND, Wash. — Microsoft is rolling out the new design for its MSN Web portal in the U.S. The software maker is saying goodbye to MSN.com's blue background and its blocks of text links. Inste...
Microsoft rolls out new MSN site design
Seattle Post-IntelligencerTHE ASSOCIATED PRESS REDMOND, Wash. -- Microsoft is rolling out the new design for its MSN Web portal in the U.S. The software maker is saying goodbye to MSN.com's blue background and its blocks o...
Chevron to shed 2,000 jobs this year
MSNBCChevron Corp. said Tuesday it will cut 2,000 jobs this year and sell some overseas operations as it revamps its struggling refinery, marketing and transportation operations.
Job openings rise; hiring may start to pick up
MSNBCThe number of openings in January rose about 7.6 percent, to 2.7 million, compared with December, the Labor Department said. And the job openings rate climbed to 2.1 percent, the highest in nearly a y...
Microsoft ditches MSN's signature blue background
C NewsREDMOND, Wash. - Microsoft is rolling out the new design for its MSN Web portal in the U.S. The software maker is saying goodbye to MSN.com's blue background and its blocks of text links. Instead...
Couche-Tard earnings fall to $54.8 million from $71.1 million
C NewsMore than one million Canadians have lost money in an investment scheme, still many Canadians are making easily-avoidable mistakes leaving their personal financial information up for grabs by fraudste...
Payment protection rules delayed
BBCThe Financial Services Authority (FSA) is delaying its plans combat the mis-selling of payment protection insurance (PPI).Criticism from the financial industry has forced the FSA to extend its consult...
Chevron Sale Puts 1,400 Oil Jobs At Risk
Sky NewsUp to 1,400 oil refinery jobs have been placed at risk after Chevron announced plans to sell off a UK plant - with closure an option if it fails to find a buyer.
Microsoft rolls out new MSN site design
Associated PressThe software maker is saying goodbye to MSN.com's blue background and its blocks of text links. Instead, starting Tuesday, the site is sporting more white space and fewer categories.
DirecTV Issuing $2.98 Billion In New Debt
Fox BusinessSAN FRANCISCO -- DirecTV Holdings LLC, a unit of DirecTV , said Tuesday that it priced about $2.98 billion in new debt for general corporate purposes. DirecTV is issuing $1.2 billion of 3.55% senior ...
EIA Projects Oil At $85 a Barrel By End Of 2011
Fox BusinessNEW YORK -- The price of crude oil is expected to average above $80 a barrel this spring, then rise to about $82 a barrel by the end of the year, the U.S. Energy Information Administration projected ...
J.P. Morgan Issues Cloudly Outlook For Solar
Fox BusinessNEW YORK -- J.P. Morgan on Tuesday said the solar power business faces a risk of oversupply in the second half of 2010 and that other segments such as LED lighting and wind may offer better short-ter...
Cisco Introduces Faster Router
Fox BusinessNEW YORK--Cisco Systems Inc (CSC), the world's top maker of network equipment, introduced a router that it says can handle 12 times the Internet traffic of the nearest competing product. Cisco share...
Cisco Unveils New Routing System
Fox BusinessCisco Systems (CSCO) on Tuesday introduced a new routing system that it says is geared "to serve as the foundation of the next generation Internet." The company's CRS-3 Carrier Routing System is bi...
Millionaire Ranks up 16% Last Year
Fox Businesshouseholds with a net worth of at least $1 million jumped 16% last year after dipping sharply during the financial crisis, an industry consulting group said on Tuesday. Households with a net worth ...
Pentagon could award aerial tanker work sooner
ReutersWhitman told reporters the Pentagon had anticipated only two bids for the tanker contract, which could be worth up to $50 billion, before Northrop withdrew.
Cisco introduces faster router
Reuters(Reuters) - Cisco Systems Inc, the world's top maker of network equipment, introduced a router that it says can handle 12 times the Internet traffic of the nearest competing product.
Canada looks at asset sales to curb deficit
Financial PostCanadian Finance Minister Jim Flaherty said the country is studying the sale of government assets in a bid to fill a budget shortfall. "Governments end up owning some things that they don't need ...
Cisco unveils high-capacity routing system
Financial PostJohn Chambers, chairman and president of Cisco Systems Inc., laughs after dropping a presentation remote control during the 2010 International Consumer Electronics Show (CES) in Las Vegas, Nevada, ...