 U.S. stocks rise modestly after leaders in Greece ratify reformsU.S. stocks were only modestly higher Thursday despite leaders in Greece ratifying reforms that will pave the way for a deal between the debt-laden country, the European Union and the International... | |
| Reversing trend, China's inflation rises to 4.5 per cent BEIJING China's inflation rose to 4.5 per cent in January with soaring food prices contributing significantly to the reversal of a five month trend of easing prices.
Inflation in December was... |
| US stocks little changed after Greece deal US stocks traded in a very narrow range around the breakeven line Thursday as investors felt little thrilled after Greek political leaders had agreed on austerity cuts after a dangerous... |
 LNG to be a key focus of BG groupLONDON - Oil and gas major BG Group plans to capitalise on strong global demand for liquefied natural gas to boost investments and growth prospects, the company said Thursday announcing $8.209... |
 Bailout: Greece's ruling coalition couldn't agree on cutsATHENS - Greek Prime Minister Lucas Papademos has failed to garner support from his coalition partners for new austerity measures, necessary for a crucial 130 billion euros European Union bailout... |
 Huge rise in News Corp net profitNEW YORK - Profits of Rupert Murdoch's News Corporation have risen sharply by 65 per cent in the quarter ending December, despite an ongoing investigations into the closure of the 'News of the World'... |
 Settlement reached in 15 more phone hacking casesLONDON - Rupert Murdoch's News Corp's British arm has reached out of court settlements with 15 more phone hacking victims including politicians, sportsmen and celebrities in the scam, the high court... |
 In 2011 German exports edged past trillion euros mark BERLIN - German exports have grown 11.4 per cent to top one trillion euros in 2011 but a sharp decline towards the end of the year has triggered fears in Europe's biggest economy, according to fresh... |
 Shareholders force Yahoo board shake upSAN FRANCISCO - Yahoo's chairman and three other board members have decided not to stand for re-election, giving in to the demands of its shareholders frustrated over the Internet company's declining... |
| Philip Morris International income up nearly 8 percent Cigarette maker Philip Morris International says its fourth-quarter net income grew nearly 8 percent as it commanded higher prices for its... |
| End of era: Kodak to stop making cameras, digital frames ROCHESTER, N.Y. - Eastman Kodak Co. said today it will stop making digital cameras, pocket video cameras and digital picture frames, marking the end of an era for the company that brought photography... |
| Wall Street futures fall as Greece fails to OK all cuts NEW YORK - U.S. stock futures are falling after Greek leaders failed to accept the entire batch of new austerity measures demanded by creditors, leaving its bailout in... |
| Microsoft reveals Windows On ARM will bind developers Microsoft has given details of the first version of Windows to be tailored to ARM-based chips, revealing that the OS will have a number of restrictions for app... |
| Kodak Getting Out of Digital Camera Business "phase out its dedicated capture devices business – comprising digital cameras, pocket video cameras and digital picture frames – in the first half of... |
| Kodak to stop making cameras, digital frames Kodak Co. said Thursday it will stop making digital cameras, pocket video cameras and digital picture frames, marking the end of an era for the company that brought photography to the masses more... |
| Kodak to stop making cameras Eastman Kodak says it will stop making digital cameras, pocket video cameras and digital picture frames, marking the end of an era for the company that brought photography to the masses more than a... |
| Hotai Motor`s Pretax Earnings Up 33% in 2011 Taipei, Feb. 9, 2012 (CENS)--Hotai Motor Co. Ltd., local general agent of Toyotas and Lexus and the long-term No. 1 dealer in Taiwan, registered pretax earnings of NT$7.4 billion (US$246.6 million)... |
| Data center construction strong Here's a bright spot in commercial real estate: Construction of data centers. This, according to Golden Valley-based Mortenson Construction. A recent report done by the firm notes the expansion... |
| Minn. expects up to $280M from national mortgage relief deal Minnesota mortgage borrowers will have access to up to $280 million as part of a multibillion-dollar deal reached among the states, federal agencies and the nation's biggest mortgage lenders... |
| Prudential sacks, sues its 'Agent of the Year' Four days after being named "Agent of the Year," St. Louis Park insurance salesman Terry Sandvold was sacked last month by his longtime agency, The Prudential Insurance Agency of America. ... |
| Hecker moved to a higher security prison in Wisconsin Denny Hecker addressed the media outside of ?the U.S. Court House in Minneapolis on Thursday afternoon. Hecker pleaded not guilty Thursday afternoon to federal charges that he defrauded Chrysler... |
| New Canada-to-Iron Range power line proposed Minnesota Power said Thursday that it plans to construct a new transmission line from Winnipeg to bring hydropower to its customers in northern Minnesota. The Duluth-based company, a division of... |
| Calpine nixes Mankato plant sale Houston-based energy giant Calpine Corp. has reportedly shelved plans to sell its natural gas plant in Mankato. The company told the Mankato Free Press that it could not find a buyer with an... |
| Groupon stock plunges on growth worries NEW YORK -; Groupon had a lot to prove with its first earnings report as a public company. The 12 percent slide in its stock Thursday suggests investors wanted more. The online deals site on... |
| FAQ for borrowers on CA's $18B deal with banks Borrowers who are struggling to pay their mortgages, are facing imminent foreclosure, or have been foreclosed upon may have a shot at benefits through... |
| Wholesale inventories rose 1 percent in December In this Feb. 7, 2012 photo, Costco members pump gas outside a Costco Wholesale store in West Homestead, Pa. Wholesale businesses increased their stockpiles sharply in December although the gains are... |
| Calif. to get $18 billion in U.S. mortgage deal FAQ for borrowers on CA's $18B deal with banks California is set to get $18 billion in a multi-state mortgage deal with the nation's largest lenders, said Attorney General Kamala... |
| Oracle to pay $1.9B for personnel software co. NEW YORK -; Oracle is paying $1.9 billion for Taleo Corp., a company that helps businesses manage their employees. The planned purchase of Taleo extends Oracle's offerings in the growing... |
| Some doubtful of U.S. mortgage deal with banks Calif. will receive $18 billion in U.S. mortgage settlement Major news outlets reported Wednesday night that two key states, California and New York, are set to sign onto a historic mortgage... |
| Coca-Cola Enterprises Q4 Profit Rises; Backs 2012 Outlook News ) beverages, reported Thursday a profit for the fourth quarter that increased from last year, reflecting revenue growth amid solid volume growth. Adjusted earnings per share matched... |
| Australian Market Drifts Lower On Weak Earnings Reports 2/8/2012 8:38 PM ET (RTTNews) - The Australian stock market is trading notably lower on Thursday with investors pressing sales in several front line stocks across various sectors following some... |
| Apple to launch iPad3 in March CUPERTINO, Calif. -- Apple will hold an event in March to launch its next iPad, AllThingsDigital reported Thursday, citing sources.Sources said the company has chosen the first week in March to debut... |
| Mets owners seek help from Supreme Court WASHINGTON - The owners of the Mets want the Supreme Court to get involved in their attempt to recover money from Bernard Madoff’s Ponzi scheme. Sterling Equities Associates, which owns the... |
| Kodak to stop making digital cameras, picture frames and pocket video cameras ROCHESTER, N.Y. - Kodak says it will stop making digital cameras, pocket video cameras and digital picture frames in order to focus on its more profitable businesses. The storied photography company,... |
| Pair of Ford execs to retire, Huntsman to join board DEARBORN, Mich. -- Ford announced Thursday the retirement of Lewis Booth, its chief financial officer, as well as global products chief Derrick Kuzak.Dearborn, Mich.-based Ford also unveiled the... |
| Weekly jobless claims fall 15K, better than expected WASHINGTON -- The number of Americans filing initial claims for state unemployment benefits fell by 15,000 to a seasonally-adjusted 358,000, the Labor Department said Thursday.A survey of economists... |
| Greece reaches deal on austerity cuts demanded by creditors to release $173 billion bailout ATHENS, Greece - Greece has reached a tentative agreement on new austerity cuts demanded by creditors to release a (euro) 130 billion ($173 billion) bailout, hours before a crucial meeting of finance... |
| PepsiCo reports better-than-expected fourth quarter earnings as company says it will cut 8,700 jobs PepsiCo plans to cut 8,700 jobs, or about 3 percent of its workforce, as it seeks to offset high commodity costs and increases investment in advertising and marketing in North America. The maker of... |
| Groupon shares slammed in after-hours trading after deals company posts unexpected fourth-quarter loss Groupon shares got slammed in after-hours trading last night, tumbling 15.58 percent after the daily deals titan posted an unexpected loss in the fourth quarter.The company, which had been dogged in... |
| NY AG joins $25B foreclosure settlement After 16 months of heated negotiations and arm-twisting, state and federal officials did it: They reached an agreement that could bring some financial relief to millions of homeowners whose mortgages... |
| Caesars selling properties to raise $500 million EXCLUSIVE Caesars Entertainment shares soared 71 percent in their debut yesterday - but quietly, behind the glitz, America’s largest casino chain is selling some properties to raise $500... |
| Groupon Earnings Report Disappoints Investors February 9, 2012 Groupon was expected to show a profit in its first earnings report since going public last fall. Instead, the company booked a net loss of about eight cents a share last quarter.... |
| Sorghum project to shore up farmers’ earnings in Siaya County PHOTO/ FILE A sorghum farm. Siaya County farmers are set to benefit from a new sorghum growing venture piloted by EABL in conjunction with the Ministry of Agriculture and... |
| Kodak moments are coming to an end The company that invented home photography has tossed in the towel on it.Eastman Kodak, the bankrupt inventor of the hand-held camera, plans to stop making digital cameras, pocket video cameras and... |
| Metals Stocks: Gold rises as euro gains against the dollar SAN FRANCISCO (MarketWatch) -- Gold futures rose Thursday as news that Greek officials had reached the austerity deal on which new loan funds are predicated buoyed the euro and as European central... |
