RSS Feed Alerts
Weak Economic Data Sends Shares Lower (Jul-1, 15:20 EDT )-- Stocks start the quarter with a loss after reports on jobs, housing and manufacturing suggest sluggish economic growth ahead.
New-Vehicle Sales Slowed in June (Jul-1, 15:10 EDT )-- The report raised new doubts about the market’s recovery after months of slow but encouraging gains.
Diageo Uses Scotch to Plug Gap in Pension Plan (Jul-1, 15:08 EDT )-- Diageo, the maker of Johnnie Walker whiskey, put aside 2 million barrels of maturing Scottish whiskey to plug a gaping deficit in its pension plan.
Home Sales and Construction Slowed in May (Jul-1, 15:00 EDT )-- The reports on Thursday contributed to a sluggish outlook for the economy, highlighting the significance of government stimulus and job creation.
Panel Questions Pricing Role of Goldman and A.I.G. (Jul-1, 14:20 EDT )-- The panel’s chairman asked Goldman if its negative bets in the market became a “self-fullfilling prophecy.â€
Google to Add Pay to Cover a Tax for Same-Sex Benefits (Jul-1, 14:20 EDT )-- Google will raise the salaries of gay and lesbian employees whose partners receive domestic partner benefits, to compensate them for a tax they pay that heterosexual married couples do not.
Credit Still Tightening, Fed Governor Says (Jul-1, 14:10 EDT )-- The level of outstanding credit in the U.S. economy continues to fall as strong and weak banks alike pull back on lending, according to Federal Reserve governor.
Finland Approves New Nuclear Plants (Jul-1, 14:01 EDT )-- The move is the latest victory for proponents of atomic energy in Europe.
Most People Notice Drug Ads, But Few Get Prescriptions Because Of Them (Jul-1, 13:45 EDT )-- Even though two-thirds of Americans recall having seen or heard a drug ad recently, only about 8 percent asked their doctors for a prescription.
Faulty Hayabusa Space Probe Tests Japan’s Expertise (Jul-1, 13:38 EDT )-- Japan’s hopes for a bigger share of the global market for satellites and other space infrastructure may rest on an asteroid mission with only qualified success.
Economists Will Scour Private Sector in June Jobs Report (Jul-1, 13:34 EDT )-- Census Bureau layoffs will probably present a dismal figure for the June unemployment report, but any increase in private sector hiring would be a glimmer of hope.
The State Budget Disaster (Jul-1, 13:23 EDT )-- An already storm-tossed economy is about to receive a thorough drenching, as states across the nation face a collective budget shortfall of $140 billion this summer.
Construction Spending, Pending Home Sales Fall (Jul-1, 12:30 EDT )-- Construction spending declined 0.2 percent in May as residential building fell after a popular homebuyers' tax credit expired. And a seasonally adjusted index of sales agreements for previously occupied homes dropped 30 percent in May.
Kin You Believe It? Microsoft Hangs Up New Phones (Jul-1, 12:28 EDT )-- The battle for market share in the red-hot mobile phone market claimed another victim, and this time it happened in what seemed like the blink of an eye. In less than two months, Microsoft decided to stop shipping its Kin models beyond the U.S.
Toyota Still Struggling To Restore Its Quality Image (Jul-1, 12:04 EDT )-- The Japanese automaker, which may recall 270,000 more vehicles, is trying to win back its reputation with U.S. consumers. Toyota has hired outside experts to examine its cars, taken steps to improve quality control and is offering some of the best...
Treasury Sells 1.1 Billion More Citi Shares (Jul-1, 11:26 EDT )-- The Treasury Department said Thursday that it has sold about 1.1 billion more of its common shares in Citigroup, as the government continues to unwind the stake it took in the bank as part of its bailout program.
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