Business and Finance news
May 9, 2011
Commodity prices clawed back some of their losses from last week Monday, helping to lift stocks of energy companies and metals miners. The broader market was mixed after more worries flared about Greece’s debt problems.
The S&P 500 fell less than a point, or 0.1 percent, to 1,340 in morning trading. The Dow Jones industrial average […]
April 25, 2011
The yen and dollar fell versus most of their major peers on speculation the central banks in Japan and the U.S. will this week keep interest rates near zero, while policy is being tightened elsewhere.
The euro rose toward a 16-month high versus the dollar on prospects European Central Bank officials will signal that further […]
April 20, 2011
Japan’s exports in March fell for the first time in 16 months, hit by the fallout from last month’s massive earthquake and tsunami, which destroyed factories and crippled supply chains, the government said Wednesday.
Auto exports especially took a beating in the month as the twin disasters forced Toyota, Honda and Nissan to suspend their all […]
March 15, 2011
One of the top conservatives in the House is opposing a measure to keep the government running for three more weeks while the White House and Republican lawmakers seek a longer-term agreement on spending cuts.
Republican Rep. Jim Jordan of Ohio chairs a group of conservative lawmakers that makes up a sizable majority of House Republicans.
Jordan […]
March 6, 2011
U.S. markets fell sharply Friday as oil prices jumped to more than $104 a barrel. Still, stocks managed to eke out gains for the week.
The Dow Jones industrial average (INDU) dropped 88 points, or 0.7%, to 12,170. The Dow had lost as much as 170 points earlier in the session.
The S&P 500 (SPX) […]
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 […]
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February 9, 2011
Investors in the do-it-yourself version of Missouri’s college savings plan should see a 44 percent reduction in fees starting in June, state Treasurer Clint Zweifel said today.
The fee reduction was negotiated as part of the state’s five-year deal with the investment firms that administer the program, called Missouri Saving for Tuition, or MOST.
Zweifel said 27 […]
January 30, 2011
The upper house of the Irish legislature is preparing to resume debate on a contentious Finance Bill needed to comply with terms of the country’s international bailout.
The lower house is standing by to reconvene Saturday evening if the upper house makes any amendments to the bill.
The Finance Bill is designed to comply with a massive […]
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January 5, 2011
FedEx Corp., the second-largest U.S. package-shipping company, started direct cargo flights between southern China and India to meet rising demand for express deliveries.
The company expects “dramatic growth in trade” between China and India, David Cunningham Jr., Asia-Pacific president of the FedEx Express unit, said in a Bloomberg Television interview in Hong Kong today. […]
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