RSS Feed Alerts
Turkey and Israel Do a Brisk Business (Aug-5, 09:18 EDT )-- Despite their strained politics, business between Turkey and Israel continues apace, albeit discreetly.
Who Has Time to Think? (Aug-5, 09:18 EDT )-- Last week, we had a little internal revolt at the agency on this topic.
Greece Gets Good Progress Report From Lenders (Aug-5, 09:15 EDT )-- The audit by E.U. and I.M.F. officials cleared the way for Greece to receive a 9 billion euro installment from its bailout package.
2 European Central Banks Hold Steady on Rates (Aug-5, 08:56 EDT )-- Both the European Central Bank and the Bank of England left rates at record lows.
Wall Street Lower After Latest Economic Snapshots (Aug-5, 08:55 EDT )-- Markets reacted to the news that claims for unemployment benefits rose unexpectedly last week and that retailers reported only modest growth in sales in July.
Retailers Report Modest Gains in July (Aug-5, 08:42 EDT )-- The sluggish spending raises worries about the health of the back-to-school season as Americans step up saving amid a stalling recovery.
The Treasury's Worrisome Position (Aug-5, 08:30 EDT )-- Treasury Secretary Timothy Geithner seems to be going out of his way to weaken some of the tough controls in the recently passed financial regulation bill, an economist writes.
Jobless Claims Hit Highest Level Since April (Aug-5, 07:57 EDT )-- The rise in filings for unemployment was the latest sign that hiring remained weak and some companies were still cutting workers.
Lebanon Is Latest Country With BlackBerry Concerns (Aug-5, 07:41 EDT )-- The head of the country’s regulatory agency plans to start talks with the device’s maker.
New Jobless Claims Rise Again (Aug-5, 07:38 EDT )-- Initial requests for unemployment benefits rose last week to their highest level since April, a sign that hiring remains weak and some companies are still cutting workers. New claims rose by 19,000 to a seasonally adjusted 479,000. Analysts had...
Rio Tinto First-Half Profit More Than Doubles (Aug-5, 07:30 EDT )-- The global mining company reported a record first-half profit on Thursday as metals prices recovered and its mines ran close to full throttle supplying China.
South Korea and China May Open Trade Talks (Aug-5, 07:24 EDT )-- South Korea's ambassador to China said in an interview published Thursday that his nation was likely to open free trade talks with Beijing next year.
Retailers Show Slight Gains As Shoppers Stay Wary (Aug-5, 07:19 EDT )-- Several chains such as Costco and Limited Brands reported solid increases last month, but those figures are being compared with dismal spending in July 2009. The sluggish spending raises worries about the back-to-school season as Americans step up saving.
Greece Nears Next Loan Amid Progress On Debt (Aug-5, 06:54 EDT )-- Greece has made "remarkable" progress implementing an austerity program to tackle its debt crisis and is expected to receive the second installment of rescue loans next month, the IMF and EU said Thursday. They warned, however, that the country still...
Google, Verizon Reportedly Near Net Neutrality Plan (Aug-5, 05:40 EDT )-- The companies are close to finalizing a proposal for "network neutrality" rules, which would dictate how broadband providers treat Internet traffic flowing over their lines, according to a person briefed on the negotiations. The source said a deal...
Positive Results at Barclays and Commerzbank (Aug-5, 05:01 EDT )-- Both banks reported solid profits and said provisions for credit losses had declined. But share prices sagged.
Consumers Not Buying Seafood's Clean Bill Of Health (Aug-5, 03:42 EDT )-- Certain areas of the Gulf of Mexico have been given permission to resume commercial fishing. Consumers, however, are still leery about eating seafood from the Gulf since all the oil hasn't been cleaned up yet.
Nolan Ryan Group Wins Auction For Texas Rangers (Aug-5, 03:15 EDT )-- An investment group led by Hall of Fame pitcher and Texas Rangers president Nolan Ryan won a contentious and unusual auction for the team early Thursday, beating back a nearly $600 million offer from outspoken Dallas Mavericks owner Mark Cuban.
Well Plugged, Washington Breathes Sigh Of Relief (Aug-5, 03:00 EDT )-- Oil is no longer flowing from BP's damaged well in the Gulf of Mexico. The well was plugged with mud, and the federal official overseeing the cleanup says he has given BP permission to reinforce that move by pumping cement into the well from the top....
High Schoolers Enjoy CSI Summer Camp (Aug-5, 03:00 EDT )-- Thanks to TV crime shows, forensic science summer camps are popping up nationwide. There's Stockton CSI camp in New Jersey and at least half a dozen others, according to The Wall Street Journal. Instead of singing around the campfire, high school...
Investors Buy Rangers, Billionaires Donate Funds (Aug-5, 03:00 EDT )-- A group of investors won a federal bankruptcy auction early Thursday morning to buy the baseball team the Texas Rangers. In other business news, 40 of the country's wealthiest families and individuals have pledged to give at least half of their wealth...
Gulf Residents Not Sure Leak's Worst Is Over (Aug-5, 03:00 EDT )-- It may be generations before the longterm impact of the BP oil spill is known. But for the Gulf Coast, the impact this summer has been a huge financial hit. As Washington and BP try to write the final chapter of the oil disaster, coastal residents are...
Jobless Report To Underscore Longterm Unemployed (Aug-5, 03:00 EDT )-- The government issues its latest unemployment report Friday. David Wessel of The Wall Street Journal tells Steve Inskeep economists will be paying special attention to the number of longterm unemployed -- people who've been out of work for months, even...
Father and Son to Pay $1.1 Million for Insider Trades (Aug-5, 01:40 EDT )-- Thomas Flanagan, a former partner at Deloitte & Touche, and his son Patrick traded on nonpublic information of the auditor’s clients.
Pulte Posts Its First Profit in Three Years (Aug-5, 01:40 EDT )-- The home builder’s revenue grew as consumers rushed to buy homes in time to qualify for federal tax credits.
Methane Monitors Recovered In Mine Blast Probe (Aug-5, 00:34 EDT )-- Investigators have recovered three key pieces of evidence in the explosion that killed 29 mine workers in West Virginia on April 5, NPR has learned. The evidence includes two safety devices that sound alarms and shut down mining machines when methane...
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