Recent Posts
Related News & Stories - MashGet
Return To Blog Listing
Aggregate news, stories from all around the web and provide related items on a single page
Recent Posts Tagged With 'business'
Mortgage foreclosures still swamping federal efforts to help
News & ObserverWASHINGTON -- Banks and other lenders are still foreclosing on Americans' homes at a rate that's outpacing the Obama administration's main effort to stem the crisis.In fact, while the Treasury Department's Home Affordable Modifica...
Gates close on live racing at Raynham
BostonRAYNHAM - Tony Bonaminion held his racing form close to make sure he had the name of each dog ready. Pulling on his headset, he pushed the red button that sounded the familiar bugle call summoning the dogs to their posts. From his rooftop perch...
Japan\'s Aiful wins backing for debt rescheduling
Forbes* Wins unanimous consent from creditors for debt freeze* Asked for rescheduling on $3.1 billion in debt* To cut 2,100 employees, nearly 50 pct of workforce* Outlook still bleak -analyst* Shares jump 9 pct, still down 46 pct this yearTOKYO, Dec ...
Emerging Market, Asian Stocks Advance on Growth; Copper Gains
BloombergDec. 24 (Bloomberg) -- Stocks gained around the world, with China’s benchmark index posting its biggest advance this month, on expectations the global economic recovery will strengthen. Copper rose, heading for the best year in more than t...
Oil Pares Gains After Rallying Yesterday on US Inventory Drop
BloombergDec. 24 (Bloomberg) -- Oil traded little changed after a government report yesterday showed a larger-than-expected decline in U.S. stockpiles, signaling a recovery in fuel demand in the world’s largest energy consumer.U.S. crude inventorie...
Stocks creep up even as new-home sales fall
DispatchNEW YORK (AP) -- Stocks ended an erratic session with a slender gain yesterday as rising commodities prices offset disappointment over an unexpected drop in home sales.Gains in commodities drove the shares of energy- and materials-producing c...
GLOBAL MARKETS: European Stocks Quiet; Investors Look Ahead
Wall Street JournalLONDON (Dow Jones)--European stocks were trading quietly Thursday, with a steady performance across the bourses that remained open on Christmas Eve, while the foreign exchanges and other markets were similarly subdued.By 0900 GMT, ...
Weekend Before Christmas Shopping Will Drive Up Holiday Sales, Retail Group Says
ABC NewsIt's beginning to look a lot like the Christmas, at least when it comes to shopping.Prices have largely stabilized and shopping patterns are returning to historic norms in contrast to last year when retailers hit the panic button during the f...
Santa Claus rally could still show up this year
Yahoo! NewsAP - Graphic shows average monthly change in Standard and Poor’s ...Skeptical kids can doubt whether Santa Claus exists. But for stock-market statisticians, there's not much debate: The year-end lift known as the Santa Claus rally is no ...
Credit Suisse to pay $536M to US
MiamiHeraldCredit Suisse agreed to pay $536 million to settle claims the bank helped process payments that let Iran and other nations -- including Cuba -- avoid government sanctions and gain access to U.S. financial markets.The Zurich-based bank ente...
NTSB fills in details on errant Northwest flight
USA TodayWASHINGTON - Glitches in a system designed to alert the military about security breaches over the nation's skies added more confusion to the recent debacle in which a Northwest Airlines jet flew 150 miles past its destination, federal invest...
Treasury backs out of plans to sell Citi stake
ForbesIn a striking reversal of its attempts to unwind the government's financial stakes in big banks, the Treasury Department has backed out of plans to sell its 34 percent stake in Citigroup Inc.The move came after investors responded tepidly to a ...
Fed Says US Economy Still Needs Low Rates After Markets Heal
BloombergDec. 17 (Bloomberg) -- Federal Reserve officials declared financial markets healthy enough to remove most emergency aid without going as far on their support for the U.S. economy.The Fed, after concluding a two-day meeting yesterday, said mo...
Roy Disney dies at 79 after cancer bout
CNNLos Angeles, California (CNN) -- Roy Edward Disney, the nephew of Walt Disney, died Wednesday after a yearlong battle with stomach cancer, according to a Walt Disney Co. spokesman.Disney "played a key role in the revitalization of the Walt Di...
U.S. pay czar brings in limit on fat bonuses
thestarWASHINGTON–The Obama administration's pay czar is limiting the cash compensation for executives at companies that received the largest taxpayer bailouts to $500,000.The 25th through the 100th top earners at Citigroup, GMAC, American Inte...
Volkswagen starts production of first India car
Houston ChronicleMUMBAI, India - Volkswagen AG started production of its first compact car in India on Saturday, hoping to capture up to 10 percent of the country's fast-growing automobile market within the next six years, the company said.The Polo, ...
German exports spur growth hopes, hitting 2009 peak
Forbes* German trade surplus hits one-year high* Exports rise for fifth time in six months* Adjusted export volume the highest in 2009(Adds details, labour costs, background)BERLIN, Dec 9 (Reuters) - Germany's exports rose more than expected in Octob...
Stocks Retreat on Dubai, Greece Debt Concern; Yen, Gold Advance
BloombergDec. 9 (Bloomberg) -- Stocks fell in Asia and Europe, with the benchmark index for emerging markets sinking for a fourth day, as Dubai struggled to restructure debt and Greece’s bonds faced a further downgrade. The yen and gold rose.The MS...
Volkswagen to buy 20 percent of Suzuki for $2.5B
BusinessWeekVolkswagen AG will buy a 20 percent stake in Suzuki Motor Corp. for 222.5 billion yen ($2.5 billion), forming a broad alliance that could give a boost to the automakers in fast-growing Asian markets.Suzuki, which makes small cars such as ...
Auto exemption stirs CFPA debate
POLITICOThe debate over financial reform legislation at times can seem impenetrable to anyone without a finance degree, dealing as it does with arcane issues and terminology such as systemic risk, resolution authority and exotic financial instruments...
TCW Said to Seek Sale of Bonds as Investors Pull $1 Billion
BloombergDec. 9 (Bloomberg) -- TCW Group Inc. put $450 million of mortgage securities up for sale as clients pulled about $1 billion from its funds, the latest fallout from last week’s firing of the Los Angeles-based firm’s chief investment offic...
Dubai Property Slump Hits Nakheel
Wall Street JournalDUBAI--Dubai World's property unit Nakheel, which is seeking to renegotiate debt, Wednesday posted a first-half loss of 13.43 billion U.A.E. dirhams ($3.66 billion), bogged down by a slump in the emirate's property market.Revenue f...
European, Asian Stocks Decline; National Bank of Greece Slides
BloombergDec. 9 (Bloomberg) -- European and Asian stocks declined, dragging the MSCI World Index lower for a fifth day, after Japan’s economy grew more slowly than estimated and Fitch Ratings downgraded five Greek banks.National Bank of Greece SA a...
Obama Offers Help for Small Businesses
New York TimesPresident Obama and Congress are ending the year as they began it, at work on an economic stimulus package of tax cuts and spending, with the latest effort likely to raise the total cost of antirecession measures to the $1 trillion leve...
Volkswagen to \'partner\' Suzuki with $2.5B stake
CNN(CNN) -- German auto giant Volkswagen is buying a a 20 percent stake in Japan's Suzuki Motor Corporation, in a deal worth $2.5 billion, the companies announced Wednesday.The deal will make the two a formidable presence in Asia as demands for autom...
Chevron in deal with Tokyo Electric for natural gas from Wheatstone project in Australia
ChicagoTribuneSAN RAMON, Calif. (AP) - Chevron Corp. on Saturday said it has signed a deal with Tokyo Electric Power Co. to deliver liquefied natural gas for up to 20 years from the Wheatstone Project in northwestern Australia.Chevron also said TEPCO...
Options Exchange Weighs IPO by May
Wall Street JournalThe Chicago Board Options Exchange could launch by May an initial public offering valuing the company at an estimated $5 billion following the settlement of a long-running legal dispute, according to a person close to the discussio...
Connecticut Sues CVS Drug Store For Selling Expired Products, Medications
The InquisitrHartford, Connecticut (AHN) – Connecticut's attorney general filed a suit against CVS Caremark Corp, for selling products that were past their expiration dates. The products include food, beverages and over-the-counter medications....
US dlr selling gathers pace, yen off lows
ReutersSYDNEY (Reuters) - The U.S. dollar was on the defensive broadly on Wednesday while the euro and higher-yielding currencies extended impressive gains as investor risk appetite showed little sign of waning ahead of the year end.The yen was off i...
Media execs make case for online fees at FTC panel
AOL NewsWASHINGTON -Media companies need to deliver compelling information on a variety of electronic devices and overcome readers' resistance to paying for material online, news executives said Tuesday at a government-sponsored journalism conference...
