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Top Stories: A dramaticically improved jobs situation failed to lift Wall Street Friday. Big News Network.com Fri, 04 Dec 2009 14:46:38 -0500A new service from Google will allow estate agents and private property sellers in the UK to put their property as an overlay on Google Maps. Big News Network.com Fri, 04 Dec 2009 01:58:18 -0500Egypt has begun registrations for the first Arabic language Internet domain. Big News Network.com Fri, 04 Dec 2009 01:52:20 -0500United Airlines has excelled in November with a rise in passenger numbers. Big News Network.com Fri, 04 Dec 2009 01:46:25 -0500The state of New York has announced a new public worker pension plan that has been described as a landmark reform. Big News Network.com Fri, 04 Dec 2009 01:42:23 -0500Developers of a wind farm in the UK's Bristol Channel have scrapped their plans and have stopped work on 30 massive turbines. Big News Network.com Fri, 04 Dec 2009 01:33:01 -0500A conference will take place over the weekend in Abu Dhabi to discuss the challenges and opportunities in the field of higher education. Big News Network.com Fri, 04 Dec 2009 01:26:01 -0500The founder and president of Subway restaurants is being sued by one of the developers of the company. Big News Network.com Fri, 04 Dec 2009 01:21:28 -0500The average interest rate for a 30-year mortgage in the US dropped to a record low of 4.71 percent this week. Big News Network.com Thu, 03 Dec 2009 19:04:26 -0500A person claiming to be the daughter of the recently-departed boss of General Motors has posted a raw attack on the company's web site. Big News Network.com Thu, 03 Dec 2009 19:13:48 -0500NEW YORK ? Treasury prices tumbled Friday after the Labor Department said employers cut far fewer jobs than anticipated in November. The better-than-expected jobs report provided the latest... Sign on San Diego Fri, 04 Dec 2009 16:17:28 -0500Information publisher Thomson Reuters has laid off 120 of the 7,000 employees in its legal database business in Eagan, citing a decline in revenue from law firm customers during the recession. Most o... Star Tribune Fri, 04 Dec 2009 16:11:54 -0500WASHINGTON - The Energy Department is awarding grants totaling nearly $1 billion to speed up the development of commercial-scale projects to capture carbon dioxide at three coal-burning power plants.... Star Tribune Fri, 04 Dec 2009 16:11:53 -0500GLENVIEW, Ill. - Industrial equipment maker Illinois Tool Works Inc. said Friday a member of the company's founding family has been elected to the board of directors. David B. Smith Jr. is executive... Star Tribune Fri, 04 Dec 2009 16:11:51 -0500SUNNYVALE, Calif. -- Shares plunged in Finisar Corp. on Friday after the networking-components maker reported lower-than-expected profit margins and fell short of expectations for the second quarter.... Miami Herald Fri, 04 Dec 2009 16:06:11 -0500SAN FRANCISCO (MarketWatch) - DuPont shares fell about 7% Friday after the chemical giant's Pioneer Hi-bred business said it would postpone the release of its new corn and soybean seed products. MarketWatch Fri, 04 Dec 2009 16:05:46 -0500NEW YORK (MarketWatch) -- Financial shares are likely to get investors' attention after the close Friday with the market on the lookout for what would be the 125th bank failure this year and Bank of A... MarketWatch Fri, 04 Dec 2009 16:05:44 -0500NEW YORK (MarketWatch) -- Mexico's benchmark stock index again climbed to the highest since mid-2008, with almost all sectors of the market participating, after surprisingly strong jobs data in the U.... MarketWatch Fri, 04 Dec 2009 16:05:41 -0500CHENNAI: Microsoft India has launched a new consumer-led education and enforcement initiative to reduce the menace of piracy. The new initiative, Consumer Action Day, aims to protect consumers from th... The Hindu Fri, 04 Dec 2009 16:02:45 -0500High-street retailers are bracing themselves for a potentially big rise in VAT next year, warning that it would stoke inflation and could halt the economic recovery.One VAT increase, on 1 January, is ... Guardian Fri, 04 Dec 2009 16:02:06 -0500BAA is pushing ahead with a planning application for a third runway at Heathrow despite a warning from the government-backed Carbon Trust that airport expansion might have to be curbed to meet emissio... Guardian Fri, 04 Dec 2009 16:02:04 -0500The government has announced mental health co-ordinators will be based in Jobcentres. Photograph: Matt Cardy/Getty Images Jobless Britons are to be offered therapy to help them get back into work, u... Guardian Fri, 04 Dec 2009 16:02:02 -0500Logistics Services is looking to build a facility in Clayton and may be bringing 500 jobs along with it. The project is scheduled to go before the... Business Journal Fri, 04 Dec 2009 15:58:34 -0500, announced earnings of $6.09 million, or 77 cents a share, for the quarter that ended Sept. 30. It had earnings of $1.01 million or 13 cents a share during the same period a year ago. Return on asse... Business Journal Fri, 04 Dec 2009 15:57:03 -0500, claiming the Redmond software giant infringed its patent on a business method for extracting data from spreadsheets. Founded in 2000 by Robert Handsaker and Gregory Rasin, Belmont, Mass.-based... Puget Sound Business Journal Fri, 04 Dec 2009 15:55:50 -0500WASHINGTON - US software giant Microsoft has blamed a problem during testing for a half-hour outage of its new Web search engine Bing. In a post on the Bing blog, Satya Nadella, senior vice president ... Inquirer Fri, 04 Dec 2009 15:52:37 -0500By MARCY GORDONAP BUSINESS WRITER WASHINGTON -- The Securities and Exchange Commission culture that allowed the Madoff fraud scandal to go undetected for nearly two decades may not change and the a... Seattle Post-Intelligencer Fri, 04 Dec 2009 15:52:17 -0500Citigroup and Mr. Pandit, its chief executive, were left in the uncomfortable position of being the last of the Wall Street giants to remain tethered to the state. That will put the struggling bank at... International Herald Tribune Fri, 04 Dec 2009 15:43:11 -0500BOSTON -- A huge exchange-traded fund that holds gold bullion was down 5% Friday afternoon on record trading volume as the precious metal's price fell after an upbeat jobs report. More than 70 millio... Fox Business Fri, 04 Dec 2009 15:39:09 -0500NEW YORK -- Standard & Poor's confirmed Friday afternoon that it is raising the share count for Bank of America in the S&P 500 Index tonight, following the bank's issuance of 1.29 billion new shares.... Fox Business Fri, 04 Dec 2009 15:39:07 -0500GE ) and Vivendi reportedly drafted a deal Monday on their NBC Universal stake, beginning a week full of news surrounding the media company’s future. Sources told the Wall Street Journal that GE p... Fox Business Fri, 04 Dec 2009 15:39:05 -0500NEW YORK -- Gold futures tumbled 4% Friday, sustaining their first major loss in a robust run since the beginning of November, as the U.S. dollar rose sharply after an upbeat U.S. jobs report. On the... Fox Business Fri, 04 Dec 2009 15:39:00 -0500BAC ) announcement Thursday that it would repay its $45 billion share of the Troubled Asset Relief Program, the government may be close to selling its stake in Citigroup (... Fox Business Fri, 04 Dec 2009 15:38:59 -0500GE ) NBC Universal won’t be known for years, there are more than a few acquisitions that have been engineered over the past decade whose verdicts have already been rendered -- and the results aren... Fox Business Fri, 04 Dec 2009 15:38:57 -0500SAN JOSE, California (Reuters) - Federal investigators suspected a decade ago that Galleon Group hedge fund founder Raj Rajaratnam was trading on inside information but were unable to prove he was bre... Reuters Fri, 04 Dec 2009 15:38:00 -0500Gold fell for the first time this week, heading for the biggest drop in a year, as a rising dollar spurred some investors to sell bullion on the heels of a rally to a record. The U.S. Dollar Inde... Financial Post Fri, 04 Dec 2009 15:37:26 -0500WHITE PLAINS, N.Y. - (Business Wire) ITT Corporation (NYSE: ITT) Chairman, President and Chief Executive Officer Steve Loranger will present at the Bank of America Merrill Lynch 2009 Global Industries... Earth Times Fri, 04 Dec 2009 15:37:13 -0500AFP, SAN FRANCISCO Saturday, Dec 05, 2009, Page 10 Reports of counterfeit software, much of it tainted with computer viruses, have doubled during the past two years, Microsoft said. The US techno... Taipei Times Fri, 04 Dec 2009 15:29:11 -0500WASHINGTON: Under fire from Democrats and Republicans alike, Ben S Bernanke defended his record as chairman of the Federal Reserve but conceded that the central bank’s lapses contributed to the f... Times Of India Fri, 04 Dec 2009 15:10:06 -0500NEW YORK - A former government official once lauded as a Sept. 11 hero was convicted Friday of taking bribes to let an asbestos-cleanup company overcharge for work on the World Trade Center cleanup. ... Star Tribune Fri, 04 Dec 2009 14:22:36 -0500NEW YORK - Shares of DuPont tumbled Friday on news that the company's Pioneer Hi-Bred seed business will delay the release of its corn hybrids and soybean varieties products. DuPont said the current... Star Tribune Fri, 04 Dec 2009 14:22:35 -0500PLEASANTON, Calif. - Ross Stores Inc. said Friday that it promoted Michael O'Sullivan to president and chief operating officer. O'Sullivan, 45, previously served as executive vice president and chie... Star Tribune Fri, 04 Dec 2009 14:22:33 -0500/PRNewswire-Asia-FirstCall/ -- China Cord Blood Corporation (NYSE: CO; "the Company") today announced its plan to release financial results for the second quarter of fiscal year 2010 on... RedOrbit Fri, 04 Dec 2009 14:21:02 -0500NEW YORK (MarketWatch) -- Canadian stocks fell Friday, dragged by mining and metals shares as gold prices tumbled more than 4%, dragged down by a sharply rebounding dollar after the U.S. released a su... MarketWatch Fri, 04 Dec 2009 14:16:52 -0500A factory in Yutian, east of Beijing: China is reported to want to set up factories in Africa. Photograph: Peter Parks/AFP/Getty images The Chinese government has shown "strong interest" in setting ... Guardian Fri, 04 Dec 2009 14:12:38 -0500Good point Tim. The deep green, ultra conservative, back to nature, localism is a strand of environmentalism at odds with the economic reality of the modern world as you say. Ultimately it goes back t... Guardian Fri, 04 Dec 2009 14:12:36 -0500All it lacked was a "barker" calling out "Roll up,roll up,ten years of growth under a Labour Goverment .Vote for Gordon ,a safe pair of hands".Alternative ,"When the American Banks are behind us ,the ... Guardian Fri, 04 Dec 2009 14:12:33 -0500(MSFT), claiming the Redmond, Wash., software giant infringed its patent on a business method for extracting data from spreadsheets. Founded in 2000 by Robert Handsaker and Gregory Rasin, Belmont, Ma... Business Journal Fri, 04 Dec 2009 14:06:23 -0500(MSFT), claiming the Redmond, Wash., software giant infringed its patent on a business method for extracting data from spreadsheets. Founded in 2000 by Robert Handsaker and Gregory Rasin, Belmont, Ma... Boston Business Journal Fri, 04 Dec 2009 14:05:25 -0500For about 40 minutes starting at approximately 9:30 pm EST Thursday evening, by Betanews estimates, the main page of Microsoft's Bing Web site was inaccessible to users. In its place was a message fil... Beta News Fri, 04 Dec 2009 14:05:23 -0500Microsoft's original Software Factory worker has a new position and is taking his expertise to the cloud. Jack Greenfield, who came to Microsoft from what is now IBM's Rational software division, int... eWeek Fri, 04 Dec 2009 14:01:59 -0500US stocks opened with a bang today as the market cheered a strong November jobs report, stoking hopes the labour market may be recovering. The Daily Telegraph Fri, 04 Dec 2009 13:50:06 -0500US stocks opened with a bang today as the market cheered a strong November jobs report, stoking hopes the labour market may be recovering. News.com.au Fri, 04 Dec 2009 13:49:54 -0500December 4, 2009 Banking group Absa (advised on Friday that its headline earnings per share (HEPS) for the year ending 31 December 2009 are expected to be between 25% and 35% lower than that reported ... Business Report Fri, 04 Dec 2009 13:48:41 -0500GS ) will likely pay top executives in stock instead of cash, The Financial Times reported. Executives, including company chief executive Lloyd Blankfein, could be awarded their 2009 bonuses in stock... Fox Business Fri, 04 Dec 2009 13:48:17 -0500NEW YORK -- The U.S. stock rally lost its steam Friday as investors moved in to lock in profits after an unexpectedly positive jobs report. "People are taking advantage of the strength in the market ... Fox Business Fri, 04 Dec 2009 13:48:14 -0500NEW YORK -- Crude-oil futures edged lower Friday, erasing earlier gains, as a strongly rebounding U.S. dollar weighed on commodities prices, offsetting an upbeat jobs report which has raised economic... Fox Business Fri, 04 Dec 2009 13:48:12 -0500DETROIT -- General Motors Co announced a broad shake-up of its senior leadership on Friday, just three days after replacing chief executive Fritz Henderson. "I want to give people more responsibility... Financial Post Fri, 04 Dec 2009 13:47:48 -0500Posted: December 04, 2009, 12:27 PM by Drew Hasselback Ben Bernanke, the Federal Reserve chairman, has a little problem. He missed one of the biggest housing bubbles in history as it swelled right... Financial Post Fri, 04 Dec 2009 13:47:42 -0500Christmas is a waste of money because people who give presents overestimate how much recipients will enjoy their offerings, economist Joel Waldfogel said. "The way we celebrate Christmas around t... Financial Post Fri, 04 Dec 2009 13:47:38 -0500TORONTO -- Barrick Gold said on Friday that a U.S. Appeals Court judge has ruled that Barrick's Cortez Hills gold project in northeast Nevada requires additional environmental analysis to be conducted... Financial Post Fri, 04 Dec 2009 13:47:37 -0500TORONTO - November housing sales across the country are set to reach new highs based on fresh data from the country's two most expensive markets. The national numbers from the Ottawa-based Canadian R... Financial Post Fri, 04 Dec 2009 13:47:33 -0500OTTAWA -- The Conservative government might be forced to think the unthinkable: a rise in the GST. An increasing number of economists believe a hike, even a temporary one, is the only way Canada is g... Financial Post Fri, 04 Dec 2009 13:47:23 -0500LONDON -- British finance minister Alistair Darling will next week stake his government's future on tax rises for the rich to pay for continued support for the recession-hit economy and to bring down ... Financial Post Fri, 04 Dec 2009 13:47:20 -0500TORONTO - Shares in Canadian Imperial Bank of Commerce climbed the highest in more than a year after as the country's fifth-largest bank appeared to shake off its recent subprime woes with fourth quar... Financial Post Fri, 04 Dec 2009 13:47:19 -0500Two Canadian economists, David Rosenberg and Sherry Cooper, have been named in a list celebrating the top 10 economic forecasters over a period which marked the worst recession in the post world war .... Financial Post Fri, 04 Dec 2009 13:47:17 -0500TORONTO - Tony Clement, the federal Industry Minister, said yesterday there was "some urgency" required in determining whether he will uphold a regulatory ruling or overturn it and allow startup cellp... Financial Post Fri, 04 Dec 2009 13:47:16 -0500MONTREAL – National Bank of Canada is nearing the $1-billion annual profit mark as it aims to join the ranks of the country's top lenders in cracking the milepost. The Montreal-based lender, Canada... Financial Post Fri, 04 Dec 2009 13:47:14 -0500Cliffs Natural Resources raised its friendly takeover offer for Freewest Resources Canada on Thursday, hoping of trumping a rival bid from Noront Resources and gain control of Freewest’s Canadian ..... Financial Post Fri, 04 Dec 2009 13:47:12 -0500By a vote of 192 to 32, MPs on Thursday overwhelmingly gave their first nod of approval to the minority Conservative government’s plan to enable Ontario and British Columbia to harmonize their sales... Financial Post Fri, 04 Dec 2009 13:47:09 -0500Bombardier Inc. has suspended flight testing on its new CRJ1000 aircraft, and will push back its first delivery into second half of next year. The Montreal plane and train maker had planned to delive... Financial Post Fri, 04 Dec 2009 13:47:07 -0500Alberta once again topped the rankings in the 2009 report with a score of 8.5 out of 10, but Saskatchewan came in at 6.6, up from 5.9 in 2008, followed by British Columbia. Financial Post Fri, 04 Dec 2009 13:47:05 -0500Helped by lower provisions for loan losses and strong results in its core businesses, Canadian Imperial Bank of Commerce reported fourth quarter results ahead of analyst estimates. Canada's fifth big... Financial Post Fri, 04 Dec 2009 13:46:53 -0500NEW YORK -- Exactly eight years after Enron Corp filed for bankruptcy protection, a federal judge has dismissed a lawsuit by investors against banks they accused of helping the energy company commit f... Financial Post Fri, 04 Dec 2009 13:46:51 -0500Shares in Toronto Dominion Bank declined this morning as the bank reported results that were ahead of analyst estimates. In the fourth quarter Canada's second biggest bank had net earnings of $1.... Financial Post Fri, 04 Dec 2009 13:46:48 -0500The European Central Bank kept rates at a record low of 1% as expected on Thursday, leaving markets firmly focused on how it plans to handle the delicate process of phasing out its financial crisis ..... Financial Post Fri, 04 Dec 2009 13:46:43 -0500A flood of Canadian tax cheats are voluntarily coming forward to disclose hidden assets and offshore accounts in record numbers, says Jean-Pierre Blackburn, the Minister of National Revenue. Financial Post Fri, 04 Dec 2009 13:46:33 -0500Executives can't sell stock to raise money for repayment until the Treasury signals how it will unload its 7.7 billion Citi shares, sources say... Business Week Fri, 04 Dec 2009 13:23:59 -0500-(Dow Jones)- U.S. President Barack Obama on Friday welcomed improved job data as "good news" but said the road ahead could be bumpy and he's prepared to take more steps to create jobs and boost eco... Morning Star Fri, 04 Dec 2009 13:18:23 -0500U.S. President Barack Obama on Friday welcomed a better-than-expected jobs report as good news but said the road ahead could be bumpy and he's prepared to take more steps to create jobs and boost ec... Morning Star Fri, 04 Dec 2009 13:18:15 -0500NEW YORK - Shares of Under Armour Inc. rose on Friday, following the broader markets higher, after an analyst started coverage of the athletic apparel and shoe company with a "Buy" rating and said it... Star Tribune Fri, 04 Dec 2009 12:38:55 -0500NEW YORK - A rare copy of Edgar Allan Poe's first book has sold for $662,500, smashing the previous record price for American literature. The copy of "Tamerlane and Other Poems" had been e... Star Tribune Fri, 04 Dec 2009 12:38:53 -0500Lord Mandelson want's long-term commitment to any purchaser of Cadbury, for which Kraft made a hostile bid Lord Mandelson extended the reach of his self-styled industrial activism strategy todaywhen... Guardian Fri, 04 Dec 2009 12:29:43 -0500Deutsche Bank was also optimistic on the airline after the November figures, and helped push its shares up 5.8p to 212p, making it the biggest riser in the FTSE 100 index. There is however another wor... Guardian Fri, 04 Dec 2009 12:29:39 -0500, the property company which has rejected a 50p a share bid from near 30% shareholder Nathan Kirsh.At the company's annual meeting today Kirsh's bid vehicle KiFin used its stake to vote down the reapp... Guardian Fri, 04 Dec 2009 12:29:32 -0500WASHINGTON -- Orders to U.S. factories unexpectedly rose in October, the sixth gain in the past seven months. It was further evidence that the manufacturing sector is beginning to recover, which will ... Seattle Post-Intelligencer Fri, 04 Dec 2009 12:19:47 -0500This may seem like excellent news for my country (America), but, in reality, it is only because stores are hiring for Christmas help. The unemployment rate will rise again by the end of January. Sky News Fri, 04 Dec 2009 12:12:33 -0500US stocks opened with a bang today as the market cheered a strong November jobs report, stoking hopes the labour market may be recovering. The Daily Telegraph Fri, 04 Dec 2009 12:07:26 -0500The Dow Jones Industrial Average lifted 104.22 points (1.01 per cent) to 10,470.37 in the first three minutes of trade.The Nasdaq composite rose 27.90 points (1.28 per cent) to 1,803.76 and the broad-... The Courier Mail Fri, 04 Dec 2009 12:06:58 -0500LONDON -- Rio Tinto said it's sold its 50% stake in Hydrogen Energy International Ltd., a carbon capture and hydrogen-fuel business running a project in Abu Dhabi, to its venture partner, BP , for an... Fox Business Fri, 04 Dec 2009 12:04:31 -0500SAN FRANCISCO -- Delta Air Lines Inc. said Friday that total November traffic fell 7.1% to 13.57 billion revenue passenger miles from 14.61 billion a year ago. A revenue passenger mile equals one pas... Fox Business Fri, 04 Dec 2009 12:04:29 -0500WASHINGTON (Reuters) - Inventories at U.S. factories increased for the first time in more than a year in October, while factory orders also rose an unexpected 0.6 percent, the Commerce Department said... Reuters Fri, 04 Dec 2009 12:03:25 -0500DETROIT (Reuters) - In a sharp move three days after replacing Chief Executive Fritz Henderson, General Motors Co Chairman and acting CEO Ed Whitacre announced a broad shake-up of the automakers senio... Reuters Fri, 04 Dec 2009 12:03:24 -0500DETROIT -- General Motors Co announced a broad shake-up of its senior leadership on Friday, just three days after replacing chief executive Fritz Henderson. "I want to give people more responsibility... Financial Post Fri, 04 Dec 2009 12:03:02 -0500NEW YORK -- The U.S. dollar soared against the yen on Friday and also rose on the euro after data showed the United States shed a far fewer-than-expected 11,000 jobs last month, boosting hopes that re... Financial Post Fri, 04 Dec 2009 12:02:57 -0500OTTAWA -- The Conservative government might be forced to think the unthinkable: a rise in the GST. An increasing number of economists believe a hike, even a temporary one, is the only way Canada is g... Financial Post Fri, 04 Dec 2009 12:02:46 -0500LONDON -- British finance minister Alistair Darling will next week stake his government's future on tax rises for the rich to pay for continued support for the recession-hit economy and to bring down ... Financial Post Fri, 04 Dec 2009 12:02:43 -0500Two Canadian economists, David Rosenberg and Sherry Cooper, have been named in a list celebrating the top 10 economic forecasters over a period which marked the worst recession in the post world war .... Financial Post Fri, 04 Dec 2009 12:02:40 -0500 |
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