News Alerts
Japan Business Loan Demand Declines (Jul-20, 21:13 EDT )-- Demand for loans from Japanese firms worsened markedly in July compared to April, an official survey of lending institutions shows.
Japan Business Loan Demand Declines (Jul-20, 20:57 EDT )-- (RTTNews) - Demand for loans from Japanese firms worsened markedly in July compared to April, an official survey of lending institutions shows. The Bank of Japan said the diffusion index measuring the demand for loans from firms fell to -17 from -10 in...
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Baseball Players Join First Lady to Fight Obesity (Jul-20, 21:53 EDT )-- Thirty television and 30 radio spots, customized for each Major League Baseball team, will encourage children to become active.
Fed in Hot Seat Again on Economic Stimulus (Jul-20, 21:36 EDT )-- The Federal Reserve’s chairman, Ben S. Bernanke, may be willing to pursue additional stimulus measures, but not quite yet.
Advertising: Luxottica Adds a Touch of Disney to Eyewear Shopping (Jul-20, 21:35 EDT )-- Luxottica’s new style of eyeglasses store is intended, in part, to resist the siphoning of customers by discount chains and online shopping.
Economic Scene: Overcome by Heat and Inertia (Jul-20, 21:30 EDT )-- Most Senate watchers think the odds of a major climate bill are not great; if this Congress can’t pass one, you have to wonder what the future of climate policy looks like.
S.E.C. Pursuing More Cases Tied to Financial Crisis (Jul-20, 21:30 EDT )-- Mary L. Schapiro said the S.E.C. had “a number of cases coming out of the financial crisis related to C.D.O.’s and other products.â€
Mobile and Computer Sales Lift Apple’s Profit 78% (Jul-20, 21:30 EDT )-- Revenue rose 61 percent in the third quarter as the electronics giant Apple continued to grow faster than most rivals.
Top Editor at The Daily News Is Departing (Jul-20, 21:20 EDT )-- Martin Dunn is leaving The Daily News to care for his ailing wife and will be succeeded by Kevin R. Convey, editor of The Boston Herald.
Square Feet: After Sports Careers, Athletes Enter the Real Estate Game (Jul-20, 21:20 EDT )-- Some former athletes have discovered that their competitive sports skills translate nicely to property development.
With Sale of Assets, BP Is Betting on More Deep Wells (Jul-20, 21:20 EDT )-- The company agreed to sell $7 billion of oil and gas fields to the Apache Corporation. The move will help raise the $20 billion it said it would put in escrow to pay claims for the oil spill.
Payback Time: Maine Takes 2nd Look at Social Security (Jul-20, 21:20 EDT )-- Some states provide retirement benefits for their employees solely from their state pension programs, but Maine, spurred by costs, is considering changes.
Japanese Trainee Program Accused of Exploiting Migrant Workers (Jul-20, 21:10 EDT )-- A program brings thousands of apprentices to Japan, but critics say employers pay illegally low wages and treat workers poorly.
Greece’s Debt-Ridden Rail System Adds to Economic Breakdown (Jul-20, 21:10 EDT )-- The state-owned railway loses about $3.8 million a day, prompting a search for solutions: maybe a foreign investor or a complete overhaul.
Panel Urges End to Avastin Use in Breast Cancer (Jul-20, 21:10 EDT )-- An advisory committee recommended revoking federal approval of the drug as a treatment for breast cancer.
Congress Looks For Good News From Fed Chief (Jul-20, 17:19 EDT )-- Federal Reserve Chairman Ben Bernanke goes to Capitol Hill on Wednesday and Thursday to present the Fed's twice-yearly report on the state of the economy and its forecast for growth. He will face lawmakers anxious for answers on how the country can...
BP Selling $7 Billion In Assets To Help Pay For Spill (Jul-20, 16:34 EDT )-- BP PLC said it is selling assets in the U.S., Canada and Egypt to Apache Corp. for $7 billion to help pay the costs from the Gulf oil spill. The proceeds will go towards a $20 billion fund to help pay cleanup costs and damages from the spill. Apache...
Apple Tops Profit Outlook On iPhone, iPad Sales (Jul-20, 16:22 EDT )-- Apple Inc. said its fiscal third-quarter net income rose 78 percent, thanks to sales of its iPhone and the new iPad tablet computer. Apple said it sold about 3.3 million iPads in April through June, the gadget's first three months on the market. IPhone...
Feds To Let BP Well Stay Capped For Another Day (Jul-20, 12:57 EDT )-- The government's point man on the spill also said Tuesday that another well was to blame for seepage detected over the weekend, and that leaks in the well were more like "drips." Officials are weighing a proposal to plug the well by pumping heavy mud...
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