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Signs of oil spill recovery entering new phase (AP)

Yahoo News - Business - 13 min 35 sec ago

AP - BP's new boss says it's time for a "scaleback" in cleaning up the Gulf of Mexico oil spill. Federal officials say there is no way the crude could reach the East Coast. And fishing areas are starting to reopen.

Categories: BUSINESS

Chevy Volt to increase production 50%; Nissan Leaf rollout dates announced - Los Angeles Times

Google News - Business - 14 min 17 sec ago

AutoWeek
Chevy Volt to increase production 50%; Nissan Leaf rollout dates announced
Los Angeles Times
Counting on an eager -- and large -- fan base for the Chevrolet Volt, General Motors Co. announced Friday that it planned to boost US production of the electric car by 50%. As President Obama toured the company's plant in Hamtramck, Mich., ...
Chevrolet Volt Fatigue Setting InBusinessWeek
Obama takes the wheel of a Chevy VoltUSA Today
GM hikes production capacity for Volt by 50 pctThe Associated Press
Inside Line -The Detroit News -KETV Omaha
all 202 news articles »

Categories: BUSINESS

Dynavax posts 2Q loss, weighed down by expenses (AP)

Yahoo News - Business - 22 min 33 sec ago

AP - Drug developer Dynavax Technologies Corp. said Friday that higher operating expenses, weak revenue and costs linked to a stock offering drove it to a second-quarter loss, reversing a year-ago profit.

Categories: BUSINESS

Jobs data, earnings latest test for stocks (Reuters)

Yahoo News - Business - 29 min 54 sec ago

Reuters - U.S. stocks are unlikely to break above a key technical level next week unless monthly jobs data and consumer company results paint a more promising picture of the recovery.

Categories: BUSINESS

Questions surround Michigan oil spill response time - Detroit Free Press

Google News - Business - 36 min 37 sec ago

New York Times (blog)
Questions surround Michigan oil spill response time
Detroit Free Press
Government logs show Enbridge Energy Partners reported crude oil spilling into a creek that leads to the Kalamazoo River at 1:33 pm Monday, several hours after discovering the pipeline rupture and about 16 hours after Marshall-area ...
Enbridge: 5000-6000 Barrels Of Oil Removed From Michigan SpillWall Street Journal
Wildlife rescue escalates at Mich. river oil spillThe Associated Press
Granholm, EPA official to tour Kalamazoo River spill siteThe Detroit News
WILX-TV -EP Magazine -Washington Post
all 3,221 news articles »

Categories: BUSINESS

Signs of oil spill recovery entering new phase - The Associated Press

Google News - Business - 39 min 24 sec ago

Telegraph.co.uk
Signs of oil spill recovery entering new phase
The Associated Press
BILOXI, Miss. — BP's new boss says it's time for a "scaleback" in cleaning up the Gulf of Mexico oil spill. Federal officials say there is no way the crude could reach the East Coast. And fishing areas are starting to reopen. There were several signs ...
BP's Dudley: Time for 'scaleback' in Gulf cleanupUSA Today
NOAA: Probability Oil Spill Hitting S Fla, East Coast Still LowWall Street Journal
Worst job on Earth: BP calling all applicantsCNNMoney
NBC Miami -UPI.com -WALA-TV FOX10
all 1,860 news articles »

Categories: BUSINESS

Bernanke Recouped Personal Losses in 2009 - ABC News

Google News - Business - 48 min 29 sec ago

International Business Times
Bernanke Recouped Personal Losses in 2009
ABC News
WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke's personal finances recovered in 2009, disclosure forms released by the central bank on Friday showed. Bernanke listed assets in a range of $1.2 million to $2.5 million. ...
Bernanke bounces backCNNMoney (blog)
Bernanke's Assets Gained as Much as 31% Last Year as U.S. Stocks ReboundedBloomberg
Bernanke's Bottom LineWall Street Journal (blog)
MarketWatch -Procurement Leaders News -Commodity Online
all 27 news articles »

Categories: BUSINESS

Imports slow Q2 growth as business spending surges (Reuters)

Yahoo News - Business - 1 hour 10 min ago

Reuters - U.S. economic growth slowed in the second quarter as companies invested heavily in equipment from abroad and the pace of consumer spending eased, raising concerns about the recovery in the rest of 2010.

Categories: BUSINESS

Democrats Call on Republicans to Return Wyly Brothers' Donations - Wall Street Journal

Google News - Business - 1 hour 12 min ago

Washington Post
Democrats Call on Republicans to Return Wyly Brothers' Donations
Wall Street Journal
WASHINGTON—Dallas billionaire brothers accused of fraud became part of a Washington tug-of-war Friday over political donations. Democratic organizations called for Republicans to return hundreds of thousands of dollars in donations ...
SEC's Wyly brothers charges may depress donationsMarketWatch
SEC Charges Billionaire Brothers With FraudBenzinga
SEC Charges Wyly Brothers With Illegal Stock TradingInformationWeek
Washington Post (blog) -Sacramento Bee -AOL News
all 431 news articles »

Categories: BUSINESS

US Small-Cap Stocks Nearly Flat Friday, Up For July - Wall Street Journal

Google News - Business - 1 hour 14 min ago

Reuters
US Small-Cap Stocks Nearly Flat Friday, Up For July
Wall Street Journal
NEW YORK (Dow Jones)--US small-capitalization stocks traded in a tight range and the benchmark indexes narrowly diverged Friday, though both closed out July with gains of more than 6% and posted their first ...
Stocks: Best monthly gain in a yearCNNMoney
Stocks narrowly mixed as economic growth slowsThe Associated Press
US STOCKS SNAPSHOT-Profits lift stocks to best month in a yearReuters
TheStreet.com -Financial Times -Sydney Morning Herald
all 1,103 news articles »

Categories: BUSINESS

Obama defends economy, takes wheel of electric car (AFP)

Yahoo News - Business - Fri, 30/07/2010 - 23:56

AFP - President Barack Obama took to the wheel of a new electric car Friday on a Detroit-area tour of the revitalized auto industry, touting his economic policies but urging the need to do more.

Categories: BUSINESS

Wall Street marks best month in a year in July (Reuters)

Yahoo News - Business - Fri, 30/07/2010 - 23:45

Reuters - U.S. stocks closed little changed on Friday, but Wall Street wrapped up its best month in a year after the earnings season rounded the final turn with a group of strong results that offset the impact of poor economic data.

Categories: BUSINESS

FOREX-Dollar falls to 8-month low vs yen on US data - Reuters

Google News - Business - Fri, 30/07/2010 - 23:41

Moneycontrol.com
FOREX-Dollar falls to 8-month low vs yen on US data
Reuters
NEW YORK, July 30 (Reuters) - The dollar hit its lowest since November against the Japanese yen on Friday as data showed growth in the world's largest economy is slowing, reinforcing expectations for low US interest rates into 2011. ...
WORLD FOREX: Dollar Up Vs Euro, Down Vs Yen After US GDP ReportWall Street Journal
Stocks cheer a benign July; gold, dollar sufferMarketWatch
Dollar sinks to 8-month low vs yen as growth slowsThe Associated Press
IMarketnews.com -Bloomberg -San Francisco Chronicle
all 1,179 news articles »

Categories: BUSINESS

Northwest to Pay $38 Million Fine - Wall Street Journal

Google News - Business - Fri, 30/07/2010 - 23:41

Finance and Commerce
Northwest to Pay $38 Million Fine
Wall Street Journal
WASHINGTON—Northwest Airlines has agreed to plead guilty to fixing prices on air-cargo shipments and will pay a $38 million criminal fine, the Justice Department announced Friday. The department said Northwest Airlines Cargo engaged in ...
Delta fined $38M for Northwest cargo price-fixingThe Associated Press
Union files for another election in Delta's mergerAtlanta Journal Constitution
Northwest to pay $38M for price fixingUPI.com
BusinessWeek -Atlanta Business Chronicle -Financial News USA (press release)
all 189 news articles »

Categories: BUSINESS

Chevron 2Q income triples on higher energy prices (AP)

Yahoo News - Business - Fri, 30/07/2010 - 23:16

AP - Chevron's second-quarter earnings tripled on better refining margins and higher prices for oil and natural gas, the company said Friday.

Categories: BUSINESS

Wheat prices end July with huge monthly gain - The Associated Press

Google News - Business - Fri, 30/07/2010 - 23:12

Agriculture Online
Wheat prices end July with huge monthly gain
The Associated Press
NEW YORK — Wheat prices are rising in July by the biggest amount in more than a half century as severe drought conditions in Russia and other former Soviet republics destroyed grain crops. If the gains continue, US shoppers could see a bump up in ...
Grains Outlook for July 30, 2010Inside Futures
CBOT Corn Review: Set 2-Week Highs; Follows Wheats LeadCattleNetwork.com
Wheat Prices Hit 13-Month HighsWall Street Journal
Bloomberg -Agriculture Online -NASDAQ
all 83 news articles »

Categories: BUSINESS

Chrysler to add 900 jobs to midsize-car plant (AP)

Yahoo News - Business - Fri, 30/07/2010 - 22:52

AP - Chrysler Group LLC said Friday that it will add nearly 900 jobs at a factory in suburban Detroit and spare it from a planned closure. The decision is a show of optimism that consumers will embrace the company's refurbished midsize sedans.

Categories: BUSINESS

RIM plans to counter Apple's iPad with 'Blackpad' in November - Apple Insider

Google News - Business - Fri, 30/07/2010 - 22:43

Globe and Mail
RIM plans to counter Apple's iPad with 'Blackpad' in November
Apple Insider
By Slash Lane BlackBerry maker Research in Motion plans to enter the touchscreen tablet market and compete with Apple's iPad this November, when it will release the "Blackpad." Two people familiar with the plans confirmed the product to Bloomberg, ...
What is the RIM Blackpad?Christian Science Monitor
RIM preps BlackPad for November launchTG Daily
RIM to reveal BlackPad tablet in November?Afterdawn.com
CNET (blog) -Toronto Star -Computerworld
all 241 news articles »

Categories: BUSINESS

Chevron 2Q income triples on higher energy prices - The Associated Press

Google News - Business - Fri, 30/07/2010 - 22:31

Reuters (press release)
Chevron 2Q income triples on higher energy prices
The Associated Press
NEW YORK — Chevron's second-quarter earnings tripled on better refining margins and higher prices for oil and natural gas, the company said Friday. Chevron Corp. reported income of $5.4 billion, or $2.70 per share, for the three months ended June 30. ...
Chevron's quarterly profits soarLos Angeles Times
Chevron Posts Strong 2Q Profit on Higher Oil PricesFOXBusiness
Chevron 2Q Net Soars On Higher Prices, Refining MarginsWall Street Journal
Forbes -Morningstar.com -Bloomberg
all 260 news articles »

Categories: BUSINESS

Oil prices settle near $79 (AP)

Yahoo News - Business - Fri, 30/07/2010 - 22:31

AP - Energy prices settled higher on a day of uneven trading after the government said the economic recovery slowed during the second quarter as consumers conserved their money.

Categories: BUSINESS

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