Business and Finance news
February 28, 2011
Asian shares fell in early trading Monday, continuing a trend from last week that saw political turmoil in Libya pull global indexes lower.
Japan’s Nikkei 225 stock average fell 0.6 percent to 10,467.8. The yen showed renewed strength, which can hurt exporters, and government data showed industrial production for January was below forecasts.
South Korea’s Kospi index […]
February 26, 2011
The neighborhood’s toilet is a portable one out on Keller Street. The water supply is cut, making showers and clean laundry distant dreams. Resident stay fresh with bottles of hand sanitizer, and they’re running low.
“Don’t stand too close to anyone,” Judy Prime said with a chuckle as she took a break from shoveling huge piles […]
marketing, real estate - Comments closed
February 25, 2011
In an impressive comeback from bankruptcy, General Motors last year posted its first annual profit since 2004.
GM posted net income of $4.7 billion last year, fueled by strong sales in China and the U.S. as the global auto market began to recover. It earned $2.89 per share on revenue of $135.6 billion.
It was the company’s […]
February 23, 2011
Panera Bread Co. has agreed to pay $5.75 million to settle a class action lawsuit brought by shareholders who alleged the chain of bakery cafes misled investors about the success of its Crispani pizza, a product Panera discontinued in 2008.
Western Washington Laborers-Employers Pension Trust filed the lawsuit in January 2008 in the U.S. District Court […]
February 21, 2011
Oil consuming nations have emergency reserves they can use to stabilize markets in case the violence in Libya and the wider Middle East escalates and crimps production, officials said Monday.
But international executives and analysts meeting in London were nervously watching developments in the oil-rich region, worried about the sharp shock political unrest is giving to […]
Uncategorized, online - Comments closed
February 20, 2011
Could the latest iPhone or a new pair of platform heels signal marital trouble?
It could, if you hide the purchase from your spouse.
Research shows that roughly a third of couples admit to lying to their spouse or partner about money at some point in their relationship. Many married couples might suggest that figure is somewhat […]
mortgage, real estate - Comments closed
February 18, 2011
Stocks are little changed in early trading on a day with little expected in the way of economic reports or corporate earnings announcements.
Major indexes have risen steadily this month. The Dow Jones industrial average has fallen on only three trading days in February. The Dow is up 0.4 percent this week. The S&P 500 is […]
legal, management - Comments closed
February 17, 2011
CBS says its fourth-quarter earnings more than quadrupled against a year-earlier quarter hurt by charges, and as advertisers spent more on television and radio campaigns during last year’s political campaign and holiday shopping season.
The results released Wednesday also were boosted by higher licensing fees for CBS Corp.’s highly rated television shows.
CBS earned $283 million, or […]
economics, real estate - Comments closed
February 13, 2011
President Barack Obama’s budget plan would cut $100 billion from Pell Grants and other higher education programs over a decade through belt-tightening and use the savings to keep the maximum college financial aid award at $5,550, an administration official said.
Nearly $90 billion of the projected savings would be achieved through two changes, said the official, […]