U.S. leading index at 1-1/2-yr high, loan defaults up
September 22, 2009
A measure of the U.S. economy’s prospects scaled a 1-1/2-year high in August but a record rise in home loan defaults cast doubts over […]
finance - Comments closed
Archive for 'finance'
U.S. posts $111.4 billion August budget deficit
September 12, 2009
The U.S. government on Friday posted a smaller-than-expected $111.40 billion budget deficit for August, marking a record-matching 11 straight months of deficits.
The August budget […]
finance - Comments closed
Motorola unveils Google phone to muted response
September 11, 2009
Motorola Inc unveiled on Thursday the first of many cellphones to be developed in partnership with Google, but analysts questioned if it could revive […]
finance - Comments closed
Kraft will be “disciplined” over Cadbury: exec
September 9, 2009
Kraft is the most logical buyer for British chocolate firm Cadbury, but the U.S. rival will remain “financially disciplined,” one of the company’s executives […]
finance - Comments closed
Auto-parts firms get helping hand
September 6, 2009
A Crown corporation has introduced a new financing program that will provide up to $5 million to smaller struggling auto-parts makers so they can stay […]
finance - Comments closed
Lawsuit claims Textron misled investors on backlog
August 13, 2009
A U.S. institutional investor sued Textron Inc on Thursday, charging the world’s largest maker of corporate jets with misleading investors with an overly rosy […]
finance - Comments closed
Could bonds pull mortgage rates down even more?
July 11, 2009
Falling bond yields could spur a slight drop in medium-term residential mortgage rates this summer, but bargain-hungry consumers would be foolish to count on considerably […]
finance - Comments closed
EU extends import fee on U.S. biodiesel
July 9, 2009
BRUSSELS — The European Union extended import fees on U.S. biodiesel Tuesday, saying it had to protect European producers from unfair American subsidies and […]
finance - Comments closed
EU Backs New Financial Agencies to Unify Oversight
June 21, 2009
European Union leaders agreed to their most sweeping overhaul of financial regulation, sharpening scrutiny of banks and risks after spending more than half a […]
finance - Comments closed
Should the new GM start with a new name?
June 14, 2009
ValuJet was reborn as AirTran. Philip Morris rechristened itself Altria. Blackwater became Xe.
Would a name change work for beleaguered General Motors?
It would […]
finance - Comments closed