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Updated: 12 min 46 sec ago

Oil hovers above $81 amid mixed US inventory data (AP)

42 min 45 sec ago

AP - Oil prices hovered above $81 a barrel Wednesday in Asia after a report showed mixed evidence about U.S. crude demand.


Categories: BUSINESS

'IMF' for Europe a distracting sideshow: experts (AFP)

1 hour 11 min ago

AFP - Talk of a European version of the International Monetary Fund to rescue errant EU states is little more than a distracting sideshow, analysts and a key central banker say.


Categories: BUSINESS

Toyota, U.S. officials investigate runaway Prius (Reuters)

1 hour 26 min ago

Reuters - U.S. safety regulators and Toyota dispatched teams on Tuesday to inspect a Prius that sped out of control on a California freeway a day earlier, as the automaker struggled to reassure consumers shaken by its recall crisis.


Categories: BUSINESS

China's February exports jump 45.7 percent (AP)

1 hour 34 min ago

AP - China's exports grew strongly in February in a new sign of a rebound in global demand, government figures showed Wednesday.

Categories: BUSINESS

Oil slips for 2nd day as U.S. crude inventories climb (Reuters)

1 hour 44 min ago

Reuters - Oil fell for a second day on Wednesday after an industry report showed U.S. crude stockpiles jumped more than expected last week, dampening hopes of a strong recovery of demand in the world's top user.


Categories: BUSINESS

Soaring China home prices thwart ordinary buyers (AP)

2 hours 14 min ago

AP - The luxury apartment buildings Yang Xuhua passes on her way to work are a daily reminder of her own frustrated efforts to buy a home. Prices for even modest apartments in Shanghai have soared, putting home purchases out of reach for white collar workers and professionals.

Categories: BUSINESS

Feds to probe cause of runaway Prius in California (AP)

2 hours 58 min ago

AP - The government sent investigators Tuesday to examine a Prius that sped out of control on a California freeway, and Toyota said it wanted to interview the driver as the besieged automaker dealt with a high-profile new headache that raised questions about the safety of its beloved hybrid.


Categories: BUSINESS

Obama: Greece, facing bad days, has US as ally (AP)

3 hours 9 min ago

AP - President Barack Obama stood with Greek Prime Minister George Papandreou on Tuesday and pledged that the United States would work with its ally, even as Greece's enormous debts sparked frenzied trading.


Categories: BUSINESS

EU urges US to join in action against speculators (AP)

3 hours 28 min ago

AP - European officials urged the U.S. to join in a crackdown on speculators who bet against Europe's currency union, warning they might ban some credit default swaps — opaque financial instruments blamed for worsening the world financial crisis.

Categories: BUSINESS

Asian stock markets trade in narrow range again (AP)

3 hours 31 min ago

AP - Asian stock markets were little moved in early trading Wednesday after investors in the U.S. seemed to pause and look back on a year of recovery from the market's 12-year lows.


Categories: BUSINESS

ICF International's 4Q net ticks higher (AP)

4 hours 22 min ago

AP - ICF International Inc.'s quarterly profit ticked higher as the company benefited from a lower tax rate and higher revenue from its consulting and technology services.

Categories: BUSINESS

Dollar General sues rival chain over colors (AP)

4 hours 39 min ago

AP - Dollar General Corp. has filed a federal lawsuit against rival discount chain Fred's Inc., claiming the smaller company is using its trademark yellow and black colors.

Categories: BUSINESS

Gas price rises seen gentler on consumer wallets (AP)

5 hours 2 min ago

AP - As the economy recovers, energy prices are rising and that is placing extra strain on families' budgets.


Categories: BUSINESS

US seeks talks to avert trade war with Brazil (AFP)

5 hours 5 min ago

AFP - Visiting US Commerce Secretary Gary Locke said Tuesday that Washington was seeking talks with Brazil before it imposes retaliatory trade tariffs for US cotton subsidies the WTO ruled as discriminatory.


Categories: BUSINESS

Flow International narrows 3Q loss (AP)

5 hours 26 min ago

AP - Flow International Inc., which makes water jet machines for cutting and cleaning applications, said Tuesday it narrowed its loss in the third quarter, compared with a year-ago quarter weighed by a hefty charge.

Categories: BUSINESS

J Crew beats in quarter, posts robust sales (Reuters)

5 hours 35 min ago

Reuters - Apparel retailer J Crew Group Inc on Tuesday posted a net profit in its holiday quarter that beat Wall Street estimates, helped by tight inventory and double-digit sales growth.

Categories: BUSINESS

Job openings up sharply in January to 2.7M (AP)

5 hours 45 min ago

AP - Job openings rose sharply earlier this year, evidence that employers are slowly ramping up hiring as the economy improves.


Categories: BUSINESS

Feds to probe cause of runaway Prius in California (AP)

5 hours 48 min ago

AP - The government sent investigators Tuesday to examine a Prius that sped out of control on a California freeway, and Toyota said it wanted to interview the driver as the besieged automaker dealt with a high-profile new headache that raised questions about the safety of its beloved hybrid.


Categories: BUSINESS

Bailed-out U.S. financial stocks surge (Reuters)

5 hours 54 min ago

Reuters - The shares of companies bailed out by the U.S. government during the financial crisis surged on Tuesday, fueled by speculation about money-making asset sales, cheap valuations and a recovery.

Categories: BUSINESS

Gas price rises seen gentler on consumer wallets (AP)

6 hours 11 min ago

AP - As the economy recovers, energy prices are rising and that is placing extra strain on families' budgets.

Categories: BUSINESS

 

 

 
 

 

 

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