News Alerts
For Reno's small business owners, securing loans can be biggest obstacle (Jul-27, 08:40 EDT )-- Shelby Molchan admits she did not fit the profile of an ideal business loan candidate.
1st credit union business loan made in state (Jul-27, 08:04 EDT )-- The U.S. Small Business Administration and U.S. Senator Tom Carper joined local elected officials and representatives of Newark-based American Spirit Federal Credit Union to mark the opening of Queen Bee Beauty Supply in Smyrna.
RSS Feed Alerts
Dudley Vows to Fulfill BP’s Commitments in the Gulf (Jul-27, 09:49 EDT )-- BP said it had set aside $32.2 billion to deal with the aftermath of the spill, leading to a second-quarter loss of $17 billion.
U.S. Markets Recover After a Dip As Consumer Confidence Slips (Jul-27, 09:47 EDT )-- The Conference Board said that Americans’ confidence in the economy slipped further in July amid job worries.
Amid Job Worries, Confidence in Economy Wanes (Jul-27, 09:40 EDT )-- Confidence in the economy eroded further in July, raising concerns about the overall economy and the back-to-school season.
Yahoo Japan Teams With Google on Search (Jul-27, 09:30 EDT )-- Yahoo Japan announced it would use Google technology to power its Internet search engine, putting Yahoo Japan on a divergent path from that of its American cousin.
How I Managed to Take a Vacation (Jul-27, 09:21 EDT )-- The sky did not fall, the bookkeeper paid the bills, and we didn't run out of money.
ECB Says Loans to European Companies Fell in June (Jul-27, 08:59 EDT )-- Credit to European companies fell in June in a sign that business expansion remains tepid, according to data issued by the European Central Bank.
Stimulus Counterfactual (Jul-27, 08:42 EDT )-- Overall government spending has not changed significantly even though state and local spending has fallen sharply.
UBS and Deutsche Bank Report Gains for Second Quarter (Jul-27, 07:10 EDT )-- Shares of both banks rose sharply after they reported second-quarter earnings, signaling renewed confidence in European banks.
New Medicare Rules May Curb Use of Anemia Drugs for Dialysis (Jul-27, 06:34 EDT )-- Amgen's Epogen may be affected significantly through new rules issued by Medicare.
Dealbook Column: Documents Back Goldman’s Contentions on A.I.G. (Jul-27, 06:24 EDT )-- Documents released by the Senate Finance Committee show Goldman Sachs had hedged against losses to A.I.G. and that the Fed was aware of it.
Basel Group Agrees to New Global Rules for Banks (Jul-27, 05:02 EDT )-- Germany has yet to sign on to the new standards out of concern they could disadvantage some of its lending institutions.
Debating the Securitization of Mortgages (Jul-27, 05:00 EDT )-- The securitization of mortgages may have encouraged risky lending, but it also kept the weight of the housing crisis from falling entirely on banks in the United States, an economist writes.
Billionaire Nears Purchase Of Bridge To Ontario (Jul-27, 03:00 EDT )-- A Michigan billionaire is a step closer to owning a second bridge over one of the busiest border crossings in North America. But plans to build a second span between Detroit and Windsor, Ontario, are still blocked by competing public and private...
After Hayward, What's Next For BP? (Jul-27, 03:00 EDT )-- BP announced Tuesday that CEO Tony Hayward will step down from his position on Oct. 1. Oil industry analyst Holly Pattenden discusses the future running of BP and what it will mean for the company once Hayward is replaced.
BP Seeks To Pay Spill Costs Through Taxes (Jul-27, 03:00 EDT )-- BP says that its costs from the oil spill will come out of taxes it pays to the government. BP announced Monday its quarterly financial results and said costs of the spill came to about $32 billion. But about $10 billion of that will be deducted from...
CEO Pay Doesn't Translate Into Shareholder Gains (Jul-27, 03:00 EDT )-- Four of the top 10 highest-earning executives ran companies whose shareholders lost money over the decade, the Wall Street Journal reports. That includes the No. 2 on the list, entertainment mogul Barry Diller, and Angelo Mozilo, the former CEO of...
Hayward To Step Down As BP CEO (Jul-27, 01:15 EDT )-- In a statement accompanying its earnings update on Tuesday, BP says the decision was made by "mutual agreement." BP also reports it has taken a pretax charge of $32.2 billion for the Gulf of Mexico spill, and plans to sell assets for up to $30 billion...
Neighborly Lending In The Digital Age (Jul-26, 23:52 EDT )-- In these difficult economic times, many Americans are wary of buying items they'll use just once or twice and then store in the garage. But for those times you really need a hedge clipper or camping stove, there's NeighborGoods.net, an inventory of...
A Novel Approach: Free Books For Donations (Jul-26, 23:01 EDT )-- The Concord Free Press has been publishing books and giving them away for the past two years. The Massachusetts-based publisher just asks readers to make a donation to a charity or a person in need and to chart the donation online. It also encourages...
Political Combat Over A Fighter Jet's Engine (Jul-26, 23:01 EDT )-- Congress and the Obama administration are approaching a showdown over the new F-35 joint strike fighter. The Pentagon wants the jet to use a Pratt & Whitney engine. Congress wants an optional engine from GE and Rolls Royce -- and it keeps sticking...
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