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Archive for 'business'

Wells Fargo agrees to pay $37M in bid-rigging case

November 8, 2011

Wells Fargo & Co. said Tuesday it has agreed to pay at least $37 million in a lawsuit which alleges several banks rigged bidding competitions […]

business, economics - Comments closed

Shanghai owners protest as developers slash prices

October 25, 2011

Property owners in Shanghai and other big Chinese cities are protesting as measures to cool the once-overheated real estate market prompt developers to slash prices.
The […]

business, mortgage - Comments closed

US retail sales data give stocks a further boost

October 15, 2011

Stocks pushed higher Friday as better than expected U.S. retail sales data and positive corporate news overshadowed fears from Europe’s debt crisis.
U.S. retail sales for […]

business, marketing - Comments closed

BlackBerry services still spotty, RIM CEO finally speaks

October 13, 2011

TORONTO — BlackBerry email and texting services are returning to normal, but the co-CEO of the company behind the smartphone device says it’s too soon […]

business, stocks - Comments closed

US stock futures fall before September jobs report

October 7, 2011

U.S. stock index futures are sinking ahead of the government’s September jobs report, which will likely show a U.S. labor market that remains weak.
Economists expect […]

Uncategorized, business - Comments closed

UK firm buys control of Libyan oil field company

October 4, 2011

British company Heritage Oil PLC said Tuesday that it has acquired a controlling interest in a Libyan company licensed to provide oil field services including […]

business, online - Comments closed

Stocks fall as gloomy 3rd quarter ends

September 30, 2011

U.S. stocks are falling as traders close out a quarter of volatile trading that pulled major indexes down more than 10 percent.
Markets swung wildly in […]

business, term - Comments closed

Lowe’s 2Q net income flat on muted demand

August 16, 2011

Lowe’s Cos. says its second-quarter net income was nearly flat as volatile weather and shoppers’ worries about the economy muted demand during the key summer […]

business, marketing - Comments closed

Progress scarce as debt limit impasse continues

July 21, 2011

Progress remains elusive as official Washington grapples day after day for a way out of a debt dilemma that has the government sliding toward a […]

USA, business - Comments closed

Stocks fall after Bernanke dims stimulus hopes

July 14, 2011

Stocks are closing lower after remarks from Federal Reserve Chairman Ben Bernanke dimmed hopes for a third round of bond-buying.
In a second day of testimony […]

business, money - Comments closed