RSS Feed Alerts
South Korea Raises Interest Rates (Jul-9, 20:56 EDT )-- Projecting growth of 5.8 percent and with an eye on inflation, Korea became the latest country in the Asia-Pacific region to raise the cost of borrowing.
In Part-Time Jobs, Women Out-Earn Men (Jul-9, 20:55 EDT )-- Among workers who work at least 40 hours a week, men still significantly out-earn women. But the reverse is true for workers who log fewer hours.
European Bank’s Economist Is Optimistic on Sovereign Debt (Jul-9, 20:54 EDT )-- The central bank’s top economist, Jürgen Stark, found his views a tough sell at a conference of analysts and economists, however.
U.S. Ramps Up Inquiry of HSBC (Jul-9, 20:30 EDT )-- Prosecutors are looking into whether “there’s a UBS-style situation of a bank actively marketing†tax evasion services, said a person briefed on the proceedings.
Stimulus Projects Bring Broadband to Disconnected (Jul-9, 20:21 EDT )-- A $7.2 billion federal stimulus package will help extend high-speed access to more poor and rural sections of the United States.
New Rules Threaten Future of Biomass Power (Jul-9, 20:21 EDT )-- In Massachusetts and elsewhere, environmentalists are questioning the clean and renewable energy claims made by developers of biomass power.
Nickel Miners in Ontario Vote to End Strike (Jul-9, 20:21 EDT )-- Workers at Vale’s nickel mine and smelter in Sudbury, Ontario, ratified a contract that would end a strike that had lasted nearly a year.
Boeing Bids for Tanker, and Reshapes 767 Production (Jul-9, 20:21 EDT )-- The aircraft maker submitted a bid for a $35 billion Air Force tanker contract and said it would cut costs on the production line to compete with its rival.
Shares Post Biggest Weekly Gains in a Year (Jul-9, 20:20 EDT )-- Big stock movements were kept in check as investors avoided risk ahead of earnings season.
Weighing the Possibility of Bankruptcy for BP (Jul-9, 19:56 EDT )-- Though liability claims are expected to be enormous, the company says it has the resources to meet the challenge.
Inventories Rose, but Sales Dipped in May (Jul-9, 19:31 EDT )-- The decline in sales is another sign that the recovery may be losing its momentum.
Weekend May Bring Turning Point In Gulf Mess (Jul-9, 12:18 EDT )-- National Incident Commander Thad Allen says work to replace a leaky containment cap on the well head with a tighter one will begin Saturday. And a third ship deployed to collect oil from the leak is expected to be available Sunday.
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