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Archive for 'news'

Production, Home Starts Probably Climbed: U.S. Economy Preview

December 14, 2009

Industries in the U.S. boosted production in November for a fifth consecutive month and housing starts rebounded, showing the world’s largest economy is picking […]

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Senate approves jobless, housing aid

November 5, 2009

The Senate vote unanimously on Wednesday to extend aid for jobless workers and broaden tax breaks for homebuyers and businesses in a bid to […]

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Lawmakers close in on extending housing support

October 30, 2009

U.S. lawmakers on Thursday approved a measure to extend a government prop to the mortgage market, hoping to keep borrowing costs low and foster […]

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Don’t resist reform, G7 policymakers tell banks

October 5, 2009

Global finance chiefs told commercial banks at the weekend that resisting tighter regulation of the industry was futile, though bankers warned the reforms could […]

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Drug bust snags 9 American Air workers

September 17, 2009

U.S. anti-drug agents arrested more than 20 people, nine of them employees of American Airlines, in raids to bust a drug trafficking ring between […]

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Opel deal has Magna’s 2nd biggest customer worried

September 12, 2009

Auto parts supplier Magna is discovering that its customers like BMW are concerned that it may become a competitor as well as a vendor […]

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Producer prices fall almost 1%

August 20, 2009

U.S. producer prices fell by a larger-than expected amount in July and notched a record decline compared with a year earlier as gasoline prices […]

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Citi trader’s $100M payday exempt from TARP rules

August 15, 2009

Citigroup Inc.’s contract with energy trader Andrew Hall, which reportedly could pay him up to $100 million this year, will not be subject to […]

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Choppy day for stocks

July 30, 2009

Stocks ended mixed Tuesday as investors weighed a weaker-than-expected consumer confidence report and a better-than-expected housing report in the aftermath of a big rally.
The […]

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Chinese agencies back Tengzhong-Hummer deal

July 15, 2009

China’s Ministry of Commerce on Wednesday played down reports that it is at odds with the economic planning agency over a controversial deal for […]

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