Business and Finance news
July 30, 2011
President Hugo Chavez said Friday that Venezuela’s oil production quota within OPEC should increase now that its proven crude reserves have grown.
Chavez said in a televised speech that oil production quotas will need to be revised.
“The more reserves you have, the higher the quota you have,” Chavez said.
Earlier this month, OPEC recognized Venezuela as the […]
July 28, 2011
Enterprise Financial Services Corp. posted a record profit in the second quarter, boosted by growth in commercial and industrial loans and higher net interest income.
Enterprise’s $9.9 million profit, or 52 cents a share, in the second quarter that ended June 30 is up from a profit of $737,000 in the second quarter of 2010, or 1 cent […]
July 27, 2011
Now playing: Movies at Walmart.com.
The world’s largest retailer on Tuesday started streaming many movies the same day they come out on DVD, in a second bid for a share of popular movie rental and streaming website Netflix Inc.’s business and just two weeks after Netflix announced new price increases.
Wal-Mart Stores Inc. bought video-streaming service Vudu.com […]
July 25, 2011
A Cairo court decided Monday to combine the trials of ousted President Hosni Mubarak and his former interior minister on charges they ordered the killings of protesters during Egypt’s uprising.
The trial for Mubarak, his former security chief Habib el-Adly, and six aides will start Aug. 3, the court ruled during a chaotic hearing where lawyers […]
Uncategorized, term - Comments closed
July 22, 2011
How do I improve my property with energy-efficient solutions?
With the ever-increasing cost of utilities, this question is becoming a major focus of design professionals. Not matter if you are a homeowner or a facilities manager of multiple buildings, the cost of operations is a burden we all live with.
The concept of an energy audit is […]
July 20, 2011
President Barack Obama summoned top Democratic lawmakers back to the White House Wednesday to resume negotiations on averting a potentially crippling government default, as attention focused on a new bipartisan budget plan emerging in the Senate.
The White House also indicated Obama would be willing to sign a short-term debt limit increase _ something he’s opposed […]
Uncategorized, legal - Comments closed
July 19, 2011
Gold’s reputation as a safe place for your money sent it above $1,600 for the first time.
Investors are worried about debt problems on both sides of the Atlantic. So they bid gold up $12.30 an ounce Monday to settle at $1,602.40. That’s a record for the market price for gold, but below its 1980 peak […]
July 17, 2011
The apologies keep coming from Rupert Murdoch, who has taken out a second newspaper ad promising that his News Corp. will make amends for the phone hacking scandal shaking his global media empire.
The ad in several British Sunday newspapers says News Corp. will assist the police investigation and there will be “be no place to […]
July 16, 2011
Eight of 90 banks flunked stress tests projecting how they would fare in another recession, and 16 more barely passed _ but the results proved controversial.
Some countries challenged the results as inaccurate and overly pessimistic, while analysts worried the tests did not account for the key risk of a Greek debt default.
As it presented the […]
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