 U.S. stocks falter on lingering Greek debt concernsU.S. stock indices lightened up on Monday, interrupting a multi-week uptrend.
Losses however were limited with the bulk of them clawed back in the final hour of trading.
The wrangle over... | |
 Europe slump to hit China growth, warns IMFNEW YORK - The IMF has warned of lower growth in China in view of the economic slump in Europe, and cut its forecast for the world's second largest economy this year to 8.25 per cent from 9 per cent... |
 China gives Citigroup the nod to offer credit card in ChinaNEW YORK - Citigroup's Chinese subsidiary has been granted permission to offer its credit cards in China, becoming the first US based bank and the second foreign bank to receive the nod.
Currently... |
 Bristol pound to be launched on May 21BRISTOL - Hundreds of traders and business establishments have signed up for Bristol's own currency to be launched May 21, with the backing of the Bristol Credit Union, a bank run as a... |
 Greece to continue bailout talksATHENS - Greek Prime Minister Lucas Papademos has said he would continue intense talks with his coalition partners on austerity measures for a 130 billion-euro EU bailout plan second for... |
 No EU carbon tax, vows ChinaBEIJING - China's Monday asked its airlines not to pay a charge on carbon emissions imposed by the European Union (EU).
The authorities also asked the airlines not to hike freight or add other... |
| Honeywell to make more fiber Honeywell is planning to ramp up production of the fiber it makes for bulletproof vests and other ballistic protection items, and Chesterfield County is getting the work.The company is going to spend... |
| Which ads won twitter bowl? Here's the Twitter world's take on Super Bowl XLVI: Doritos is the most popular brand that advertised on Sunday; pizza is the favorite food of tweeters; beer was the beverage of choice, and... |
| MillerCoors buys Crispin, Mpls. maker of hard cider MillerCoors said Monday that it has purchased Minneapolis-based Crispin Cider Co., giving the big brewer a stake in the burgeoning hard cider business. The deal also will lead to an infusion of... |
| No Missoni redux as Jason Wu hits Target Target Corp.'s debut of its limited-edition Jason Wu collection went relatively smoothly Sunday and Monday, especially compared with its chaotic Missoni launch last fall. There were no... |
| Netflix under siege by Verizon and Redbox LOS ANGELES - Betting that a combination of Internet streaming and kiosk DVD rentals can give consumers the most complete package in a fractured media landscape, Redbox and Verizon are teaming on a... |
| Regulators act against Edina's Crown Bank Crown Bank's client list has included a rogue's gallery of customers, including fallen auto king Denny Hecker, bankrupt former Carlson heir Curtis Carlson Nelson, as well as Tom Petters and... |
| Hecker's ex-wife loses out on retirement cash A Minnesota appellate court ruled Monday that Tamitha Hecker is not entitled to retirement funds that once belonged to her ex-husband Denny Hecker, a former auto dealer serving 10 years in federal... |
| Eastwood's 'Halftime in America' ad stirs up political divide WASHINGTON - Perhaps the most attention-getting Super Bowl ad -- other than that dog blackmailing his owner with tortilla chips to keep quiet over a felinicide, of course -- was Clint Eastwood's... |
| Wal-Mart debuts 'Great for You' seal NEW YORK -; You may like the food you buy, but is it "Great for You"? Wal-Mart Stores Inc. plans to help its customers figure that out by adding a new green icon that reads "Great... |
| Looking for work? There may be an app for that SAN FRANCISCO -; Looking for a promising career in a lousy economy? A new study suggests you're apt to find it in apps - the services and tools built to run on smartphones, computer tablets and... |
| Workers enter faulty reactor, prepare inspection A reactor at the San Onofre nuclear plant has cooled down enough for workers to install inspection equipment Monday that may help find a leak among generator steam tubes.Heat transfer tubes are under... |
| Food trucks lack letter grades Meet San Diego's food trucks The explosion of San Diego's gourmet food trucks, serving everything from seared ahi and grass-fed sliders to New England lobster rolls, has brought them a... |
| Is J.C.Penney a Target wannabe? JCPenney's "rebranded" stores were unveiled Wednesday, including the one in Westfield Plaza Bonita in National City, shown here. The department store has a redesigned logo and... |
| SDG&E entered eagle ''no-fly'' zone Jacob letter regarding eagle no-fly zones San Diego Gas & Electric helicopters building the Sunrise Powerlink have committed three more violations of the "no-fly" zones set up to... |
| Humana, Skechers, Sysco are market movers NEW YORK -; Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market: NYSE Humana Inc., down $4.87 at $85.25 The health insurer said... |
| JPMorgan settlement hit: $110M JPMorgan Chase has agreed to pay $110 million to settle consumer litigation accusing it of charging excessive overdraft fees. The largest US bank by assets joined Bank of America and other lenders in... |
| TiVo records a solid gain TiVo Inc. climbed to its highest since May 2010 as the digital-video recording provider expands technology offerings and benefits from patent-lawsuit settlements and new client contracts.TiVo closed... |
| Cracks threaten US mortgage pact The sweeping 50-state foreclosure settlement being pushed by the Obama administration seems to be unraveling just when Washington was hoping to wrap it up.At least six state attorneys general were... |
| Citi cards go to China China’s decision, announced Sunday, to allow Citigroup to issue credit cards in its own name may signal an opening in its banking industry. Citigroup is the first Western bank to be permitted... |
| Medco merger not as sick as some think Medco Health Solutions got sick quickly yesterday - its shares falling 8 percent after a report that its $29 billion merger with rival Express Scripts was in danger.However, a source close to the... |
| Greek bailout may be blocked The leaders of France and Germany turned up the heat on Greece yesterday, saying the indebted eurozone country won’t receive new bailout funds next month unless it implements austerity measures... |
| Witness: Stanford’s SEC hustle HOUSTON - Even as his financial house of cards began to collapse, R. Allen Stanford was still trying his salesman hustle, a court in Houston was told yesterday. The disgraced financier, with US... |
| Ad Agency Behind Clint Eastwood Chrysler Superbowl Ad Also Did Simpsons Coca-Cola Spot shaking their heads . I thought it was a pretty good spot as far as these things go, though I prefer Eastwood’s longer directorial stuff for obvious reasons. Here’s the... |
| Stock Rally Turns Hedge Fund Losers Into Winners Several of the largest hedge funds that ended last year deep in the red, jumped to good starts in January, giving their wealthy investors reason to believe savvy traders are getting back their magic... |
| Super Bowl, Madonna Set New TV Audience Records Quarterback Eli Manning and his New York Giants may have beaten superstar Tom Brady and the New England Patriots at Sunday's Super Bowl, but none them could outmuscle Madonna -- at least, where... |
| Greece Is a 'Sideshow' for Investors: Fund Manager that would grant it $170 billion. But, Robert Horrocks, Chief Investment Officer, Matthews Asia, says investors should treat Greece as a "sideshow", as a default would not have a large... |
| After US Oil Snub, Canada Focuses on China Canada will focus on exporting oil and other goods to China and other booming Asian economies even if Washington overturns its decision to block a pipeline that would have sent more Canadian crude to... |
| Yum Brands Profit Rises as China Keeps Growing reported fourth-quarter earnings that topped Wall Street's view after accelerating sales and operating profit at established restaurants in China helped ease worries that growth in its top... |
| Euro Weakens Amid Greece Debt Discussions; China’s Stocks Drop Feb. 7 (Bloomberg) -- The euro weakened for a second day as Greek leaders tried to forge an agreement to get a rescue package, while Chinese shares fell from a two-month high on concern economic... |
| Fisker’s Delaware Project ‘Delayed’ After U.S. Freezes Loan Feb. 6 (Bloomberg) -- Fisker Automotive Inc., a recipient of U.S. loans to develop electric cars, said it "temporarily" stopped work on developing a plant in Wilmington, Delaware, after the... |
| Americans Gaining Energy Independence With U.S. as Top Producer Feb. 7 (Bloomberg) -- The U.S. is the closest it has been in almost 20 years to achieving energy self-sufficiency, a goal the nation has been pursuing since the 1973 Arab oil embargo triggered a... |
| Tepco Injects Boric Acid Into Reactor as Temperatures Rise Feb. 7 (Bloomberg) -- Tokyo Electric Power Co. injected boric acid into a reactor at its crippled Fukushima nuclear plant to prevent an accidental chain reaction known as re- criticality after... |
| Genting-Backed Casino Bill Stalls in Florida Legislature Feb. 3 (Bloomberg) -- Plans by Genting Bhd., Asia’s second- biggest casino operator by market value, to build a 5,200-room resort overlooking Miami’s Biscayne Bay stalled when a Florida... |
| Microsoft co-founder Paul Allen: most generous living donor Paul Allen was the third most generous donor in America last year, and the most generous one still alive. This is Allen's 10th year on the list. Only two donors have made the list more times:... |
| Top Congressional stock picks: Microsoft beats Apple Follow this company . Stock ownership by members of Congress has been an issue recently after several media reports that were critical of what some viewed as politicians capitalizing on... |
| Univision, Disney look at English news channel MIAMI — Univision and Disney are in negotiations to create a 24-hour news channel for Latinos in English, two sources close to the negotiations said Monday. Both sources declined to go... |
| McDonalds pulls ad after pit bull owner outrage Look for moreexciting eats and foodie trends on the Bites blog The ad that said eating a Chicken McBite was less risky than petting a pit bull enraged pit bull owners and their defenders. ... |
| Coyne: Caterpillar commentary runs off the rails of logic By now, the nationalist version of last week's closing of the Electro-Motive Diesel locomotive plant in London, Ont., has been firmly established in the public mind, told and retold in a... |
| Caterpillar's EMD facility never really was ‘our’ plant By now, the nationalist version of last week's closing of the Electro-Motive Diesel locomotive plant in London, Ont., has been firmly established in the public mind, told and retold in a... |
| Labour To Step Up Attack On Bonus Culture Stephen Hester's bonus of almost 1m for last year, until he decided to waive the shares-only payment. The boss of RBS, which is 83% owned by the taxpayer, had faced growing calls to give up... |
| Mike Norman on Austerity in Europe, Debt Deflation, and the Emasculation of Wall Street? As Greek debt talks continue to painfully drag on, new EU statistics speak to the success of debt crisis policy prescriptions in counties forced to seek bailouts…THET DEBT, rose in Greece,... |
| Greece wrangling tempers market momentum; RBA holds rates The French and German leaders told Greece time was running out as it attempts to get a deal on a debt restructuring plan, and warned Athens it would only get its second bailout if it delivers on its... |
