Business and Finance News
- U.S. stocks end week mixed
Atlanta News.Net
Traders knocked off early Thursday ahead of the weekend.
- General Motors makes biggest drop on market
Atlanta News.Net
In the US, General Motors has plunged 74 percent in the past nine months, giving the Dow Jones Industrial Index its biggest stock decline.
- U.S. slips into a bear market
Atlanta News.Net
The Dow Jones Industrial Average has slipped into a bear market for the 12th time since 1962.
- G8 summit will tackle food crisis
Atlanta News.Net
Next week’s G8 summit is likely to concentrate on world food prices.
- Bangladesh anti-corruption drive scares investors
Atlanta News.Net
The interim government of Bangladesh, in running an anti-corruption drive, has inadvertently caused a slide in Bangladesh's domestic and foreign investment.
- Hollywood stars go bust
Atlanta News.Net
Famous Hollywood star, Elizabeth Taylor and her business partner, Kathy Ireland, have closed the doors on the House of Taylor Jewelry.
- American Airlines prepares to pay unwanted workers
Atlanta News.Net
American Airlines, in reducing flights to cover record high fuel costs, says it will probably have to cut 900 flight attendant jobs.
- Survey reveals UK money needs
Atlanta News.Net
A single person living the UK now requires a pre-tax income of £13,400 to achieve an acceptable standard of living.
- German bankers happy with result
Atlanta News.Net
German bank, IKB, which nearly went bankrupt after the US subprime housing crisis, has posted an annual loss of just 24 million euros.
- US considers sanctions over high Chinese currency
Atlanta News.Net
US legislators are still hoping to impose sanctions on China over what they say is its undervalued yuan currency.
- US stocks mixed amid another record day for oil
Atlanta News.Net
US stock indices saw mixed results Thursday as oil prices continued climbing to record highs and the US economy shed more jobs.
- Disney to expand TV interests into Europe
Atlanta News.Net
Disney, the iconic US movie and theme-park group is about to launch new European television channels.
- McCann Loses Piece of Microsoft Creative
Ad Age
2008 - Interpublic Group of Cos.' McCann Erickson has lost a chunk of Microsoft's business, with the software giant confirming that creative duties for one of its...
- What You Need to Know
U.S. News & World Report
Permanent Link A few thoughts and observations arising from today's employment report, which shows the economy lost 62,000 jobs in June (with total negative revisions of 52,000 for May and April)...
- Stock markets decline across Asia
CNN Money
Asian markets were broadly lower Thursday, although some pared early losses as bargain hunters snapped up shares that had been thrashed over the past few sessions. Exporters such...
- Nontraditional tenants filling up vacant malls
MSNBC
Community college classes in the old mall movie theater. A DMV office across from the Starbucks. Maybe a local library between the Victoria's Secret and the Gap.Mall and strip center owners are...
- NY Jet Chad Pennington selling Muttontown house
Newsday
Muttontown mansion on the market for $4.095 million. The six-bedroom, 7½-bath, brick center-hall Colonial is on 2-plus acres in a private gated compound. The listing agents...
- Staffing shares steady after jobs report
Reuters
U.S. staffing and jobs services companies' shares were little changed on Thursday, after a government report showed employers cut jobs for the sixth straight month, but...
- Microsoft promises four patches next week
Computerworld
Microsoft Corp. on Thursday chalked in four security updates for next week that would fix vulnerabilities in Windows, SQL Server and Exchange Server. All four were labeled "important," the company's...
- Stocks end mixed following jobs, services data
San Diego Union-Tribune
NEW YORK – Wall Street capped a shortened trading week with a mixed finish Thursday after some uneven economic data: news of a contraction in the nation's services sector and a tame reading on...
- Former Refco CEO sentenced to 16 years in prison
San Diego Union-Tribune
NEW YORK – Phillip Bennett, the former chief executive of Refco, was sentenced to 16 years in prison Thursday for fleecing investors of more than $2.4 billion in a fraud that destroyed the...
- Microsoft may refresh Yahoo bid
CNN
Microsoft trying to recruit partners to put together a joint bid that would slice up Yahoo Latest twist in Microsoft's convoluted courtship is causing Yahoo's shares to rise Unconfirmed report...
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