Business and Finance News
 Fund-poor schools close in Missouri
Brazil News.Net
In the US, the school board in Kansas City has decided to close 26 of the city's 59 public schools to keep the district afloat financially.
Forbes says Gates no longer the world's richest
Brazil News.Net
Mexican tycoon Carlos Slim is the world's richest person, knocking Microsoft founder Bill Gates into second spot, as the wealth of the world's billionaires grew by 50 per cent over the last year.
Asian Stocks Mixed After S&p Index Clears Hurdle
Sign on San Diego
NEW YORK Asian stock markets were mixed in early trading Friday after the Standard & Poor's 500 index closed at a 17-month high with investors worried about inflationary pressures in China. ...
Feds: Denny Hecker Fraud Goes Back Years
Star Tribune
Federal authorities are investigating the business dealings of Denny Hecker stretching as far back as a decade, according to affidavits unsealed this week. The FBI affidavits, which relate to searche...
Malaysia’s Anwar Targets Ruling Party Stronghold
Business Week
(Adds consultant’s comment in sixth paragraph.) By Ranjeetha Pakiam March 12 (Bloomberg) -- Malaysia’s opposition leader Anwar Ibrahim said he is targeting the ruling party stronghold of ...
Greece's Weakness Is Its Strength
Business Week
If you want to learn how to dig yourself out of a deep hole, watch Greek Prime Minister George Papandreou. The 57-year-old socialist is urgently seeking some kind of financial backstop from other Euro...
Air China Shares Higher After Fundraising Plans
Fox Business
HONG KONG -- Air China Ltd.'s shares in Hong Kong were up as much as 13% in resumed mid-morning trade Friday after the Chinese carrier announced fundraising plans involving the private placement of l...
Hong Kong Shares Drop On Policy Tightening Fears
Fox Business
HONG KONG -- Hong Kong shares declined early Friday as concerns that Beijing may tighten monetary policy pressured Chinese banking and property stocks, though Air China Ltd. soared after its shares r...
Video Game Sales Fall Again In February
Fox Business
Video-game sales declined again in February, as some of the month's new releases performed relatively weakly. Sales of game software declined by 15% for the month to $624.4 million compared to the sa...
S&p 500 Hits 17-month High As Banks Lift Wall Street
Reuters
NEW YORK (Reuters) - The S&P 500 hit a 17-month closing high as rising bank shares led a late rally that lifted stocks on Thursday, more than offsetting worries China may move to cool its overheat...
Asia Stocks Head For 5th Week Of Gains
Reuters
SINGAPORE (Reuters) - Asian stocks edged up on Friday, heading for a fifth straight week of rises, with energy stocks firm as oil held above $82 a barrel and financials ticking higher after U.S. talks...
U.s. "very Close" To Job Growth: Summers
Reuters
(Reuters) - White House economic adviser Larry Summers said on Thursday that the United States is "very close" to the point where job growth can begin. (Reporting by
Rodobens Discloses Its 4q09 And 2009 Earnings Release
Earth Times
/PRNewswire-FirstCall/ -- Rodobens Negocios Imobiliarios (Bovespa: RDNI3), discloses today its audited results of the year 2009 and the fourth quarter (4Q09). The financial and operating information ...
Money Fund Assets Fell To $3.090t In Latest Week
ABCNews
Total money market mutual fund assets fell by $36.22 billion to $3.090 trillion for the week, the Investment Company Institute said Thursday. Assets of the nation's retail money market mutual funds...
Asian Stocks Mixed After S&p Index Clears Hurdle
ABCNews
Investors look at a stock price monitor at a private securities company Wednesday, March 10, 2010 in Shanghai, China. Chinese shares have ended a three-day rally and fell amid uncertainty about the di...
Extra Federal Aid Could Solve Sd Budget Problem
ABCNews
The South Dakota Legislature's plans to cut state spending next year were thrown into question Thursday when lawmakers learned the state might get an extra $36 million in federal aid. The Legislatu...
Summary Box: Regulators Appeal On Swaps
ABCNews
WARNING ON DERIVATIVES: The head of the Securities and Exchange Commission is calling anew for Congress to impose new oversight on financial derivatives. Mary Schapiro warns that allowing risky instru...
Citigroup Says Bank On Path To Profit
Yahoo!7 News
Vikram Pandit said on Thursday.Investors embraced his bullish view, sending Citigroup shares up 5.6 per cent to $4.18.Pandit didn't give a timetable for returning to profitability. But he said Cit...
Gol Releases 4q09 Results
CNBC
R$1,498 .5mm in 4Q09, 0.2% up year-over-year due to non-recurring expenses and provisions of approximately R$73mm, as a result of improvements to its internal controls and higher automation of ac...
Asian Stocks Mixed After S&p Index Clears Hurdle
Tampa Bay Online
NEW YORK (AP) -- Asian stock markets were mixed in early trading Friday after the Standard & Poor's 500 index closed at a 17-month high with investors worried about inflationary pressures in China.
Anoka Man Sues Toyota Over New Car
Star Tribune
A Minneapolis law firm filed suit Thursday against Toyota Motor Corp., joining the growing number of cases seeking class-action status against the Japanese automaker for massive recalls that have left...
World Trade Heading For Double-digit Growth In 2010
Finfacts Business News
. The emerging markets have seen external trade pick up strongly and in some cases rapidly, unlike the developed economies. In a few instances, the export performance of emerging markets is close or a...
|