Business and Finance News
 Mini gets upsized in UK
Mumbai News.Net
The Mini family is about to get a new member with the upsized Countryman model. Harley, union reach proposed labor agreement
Star Tribune
MILWAUKEE - Harley-Davidson Inc. and its union leaders have reached a proposed labor agreement that would keep manufacturing operations and about 1,340 jobs in Wisconsin. The company declined to reve... Delta flight attendants union vote set
Star Tribune
An election to decide whether more than 20,000 flight attendants for Delta Air Lines will be unionized has been scheduled for nearly five weeks beginning Sept. 29, the National Mediation Board said Fr... Obama planning new package of economic aid
Seattle Post-Intelligencer
President Barack Obama reports on the economy as the latest unemployment figures are released, Friday, Sept. 3, 2010, in the Rose Garden at the White House in Washington. (AP Photo/J. Scott Applewhite... Dollar slides after jobs report tops forecast
Miami Herald
NEW YOK -- The dollar slid Friday after a government report on jobs was not as bad as many market watchers had feared, helping assuage fears of another downturn in the U.S.The better-than-expected jo... Judge OKs Kodak's settlement of race-based lawsuit
Miami Herald
ROCHESTER, N.Y. -- A federal judge has approved Eastman Kodak Co.'s $21.4 million offer to settle class-action lawsuits by black employees who maintained white counterparts were favored for pay and p... Goldman to shutter principal strategies unit
MarketWatch
NEW YORK (MarketWatch) -- Goldman Sachs & Co. has decided to shutter its principal strategies unit, which does its proprietary trading, in the wake of financial-overhaul regulation passed by Congr... Wal-Mart Spends Money Now To Make More Later
Forbes
The current Trefis stock price estimate for Wal-Mart is $65.42 , about 28% higher than the current market price of around $50. Reasons for our bullish outlook include Wal-Mart’s rapid internatio... H&R Block Climbs as CEO Says Mortgage Claims ‘Better’
Business Week
Sept. 3 (Bloomberg) -- H&R Block Inc., the tax preparer whose stock slid 18 percent last month, told investors to ignore speculation that it faces a surge in costs tied to its defunct mortgage bus... Medtronic to Seek ‘Opportunistic’ Deals, CEO Says
Business Week
Sept. 3 (Bloomberg) -- Medtronic Inc., the world’s largest heart-device maker, will be “opportunistic” in seeking acquisitions of as much as $1 billion to restore sales growth, Chair... Goldman Sachs Said to Be Closing Principal Strategies
Business Week
Sept. 3 (Bloomberg) -- Goldman Sachs Group Inc. is shutting its principal-strategies business, a group that makes bets with the firm’s own capital, to comply with new U.S. rules aimed at curbing... Celldex Plunges After Pfizer Ends Cancer Vaccine Pact
Business Week
Sept. 3 (Bloomberg) -- Pfizer Inc. is pulling out of an agreement with Celldex Therapeutics Inc. to fund the development of an experimental brain tumor vaccine. Celldex shares fell the most in almost ... Dollar slides after jobs report tops forecast
The Seattle Times
The dollar slid Friday after a government report on jobs was not as bad as many market watchers had feared, helping assuage fears of another downturn in the U.S. Judge OKs Kodak's settlement of race-based lawsuit
The Seattle Times
A federal judge has approved Eastman Kodak Co.'s $21.4 million offer to settle class-action lawsuits by black employees who maintained white counterparts were favored for pay and promotion. Stocks Extend September Rally After Jobs Report
WBZ
The Dow Jones industrial average jumped 128 points Friday, its fourth straight day of gains. The strong start to September marked a turnaround from a dismal performance in August. A better report o... Oil Settles Below $75 After Jobs Report
WBZ
NEW YORK (AP) ― Oil prices retreated Friday after a closely watched U.S. employment report threw cold water over future energy demand from the world's largest economy. Judge OKs Kodak's Settlement Of Race-Based Lawsuit
WBZ
ROCHESTER, N.Y. (AP) ― A federal judge has approved Eastman Kodak Co.'s $21.4 million offer to settle class-action lawsuits by black employees who maintained white counterparts were favored for... 'India is a core strategic market for StanChart'
Times Of India
Mumbai Marathon and the global economy. Excerpts: The US 10-year rate recently jumped from 2.5% to 8%. How do you explain this disconnect? Some economists are trying to explain imbalances which would ... 'Infosys open to foreigner as chief'
Times Of India
Narayana Murthy on Friday said the company is open to a foreigner becoming his successor. ''Well, given that we have a significant percentage of foreign holdings in Infosys, I don't think it should ma... Truck rentals dip 5-7% in Aug, 1st fall in 9 mths
Times Of India
truck rentals witnessed a fall by 5-7% on major trunk routes. Since October 2009, the truck rentals saw a cumulative rise of nearly 25%, before the decline in August. This fall is attributed to curtai... I failed to foresee crisis: Bernanke
Times Of India
subprime mortgage crisis was likely to be contained, said on Thursday that he had failed to recognize flaws in the financial system that amplified the housing downturn and led to an economic disaster.... Experts see trouble ahead for developed world
MSNBC
Israeli President Shimon Peres, center, arrives for the ‘Intelligence on the World, Europe, and Italy’ economic forum, at Villa d’Este, in Cernobbio, on Lake Como, Italy, Friday. Experts at the ... Strength in temporary jobs a welcome sign
MSNBC
NEW YORK — One of the strongest signs yet that the U.S. jobs picture is brightening is the persistent rise in temporary employment. This leading indicator of future U.S. employment growth is ... UN calls meeting on rising food prices
MSNBC
ROME — A U.N. food agency has called a special meeting on the recent spike in food prices in response to concerns of a repeat of the shortages that led to riots in parts of the world two years a... Mayo Vs. Citi, M&A Madness - Week in Review
Fox Business
signed a $1.4 billion deal Monday to buy Infineon’s wireless segment , in a move that could help boost its presence in the smartphone sector. Infineon is a Germany-based company that manufactu... Continental To Recall 132 Furloughed Pilots
Fox Business
Continental Airlines said Friday that the carrier plans to recall more than 100 furloughed pilots over the next 18 months. Capt. Jay Pierce, chairman of Continental's pilot unit of the Air Line Pilots... Oil Settles Lower But Keeps Above $74 a Barrel
Fox Business
SAN FRANCISCO -- Crude-oil futures declined Friday, as a better-than-expected jobs report wasn't enough to give prices a long-standing lift. Oil for October delivery declined 42 cents, or 0.6%, to $74... Goldman to close principal strategies desk-report
Fox Business
Goldman Sachs Group Incis closing its principal strategies desk as it works to complywith new U.S. rules on proprietary trading, Bloomberg Newsreported Friday. The report, citing two people with knowl... FOREX-Dollar falls vs euro, higher-yielding currencies
Fox Business
* U.S. service sector activity growth slows in August (Updates prices, adds quotes, details, changes byline) By Aleksandra Michalska NEW YORK (Reuters) - The U.S. dollar fell againstmost foreign curre... Petrobras to sell $65 bln stock in record offer
Fox Business
By Brian Ellsworth RIO DE JANEIRO (Reuters) - Brazilian state oilcompany Petrobras Friday filed to sell up to $64.5 billionof new stock -- the largest in capital markets history -- sending its stock s... SOFTS-Arabica coffee ends at 13-yr top, sugar mixed
Fox Business
(Recasts, updates prices, market activity to U.S. close; addssecond byline, dateline, previously LONDON) By Rene Pastor and David Brough NEW YORK/LONDON (Reuters) - Arabica coffee futuresrallied late ... US judge rules in favor of Kuwait's Agility
Fox Business
ATLANTA (Reuters) - U.S. prosecutors failed tofollow the law when they indicted Kuwait logistics companyAgility for fraud over multibillion dollar contracts,according to a U.S. magistrate judge. Thurs...
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