Wall Street rose in early trading after a better-than-expected reading on the nation’s economy and a drop in jobless claims. Discussion
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The bank cited better results in its financial markets and retail banking units, as well as a gain on the merger of Canada’s derivatives and stock-exchange operators. Discussion
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The Dutch grocery chain owner reported a sharp fall in second quarter earnings after selling operations in the same period a year ago. Discussion
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The bank said third-quarter net income dropped as a difficult capital markets environment reduced profit in its wholesale business, but it raised its dividend. Discussion
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The retailer reported a 29 percent drop in second-quarter profit and cut its third-quarter and full-year forecasts as the weak U.S. economy and slumping housing market hit sal ... Discussion
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Oil prices rose above $119 a barrel Thursday on fears that Tropical Storm Gustav could strengthen on its way toward crude and natural gas rigs in the Gulf of Mexico and refine ... Discussion
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The retailer also delivered a downbeat outlook, predicting that its sales and gross profit margins will continue to be pressured amid a difficult economic environment. Discussion
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The jewelry retailer said second-quarter profit jumped to $80.8 million, beating Wall Street expectations, as sales rose by double-digit percentages in Asia and Europe. Discussion
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Gross domestic product increased at a 3.3 percent annual rate in the quarter, the government said. The revised reading was much better than its initial estimate of a 1.9 perce ... Discussion
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China and Iraq have signed a $3 billion deal revising a deal for China’s biggest oil company to help develop an oil field, according to the Iraqi Embassy in Beijing. Discussion
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Toyota lowered its global sales target for 2009 by 700,000 vehicles to 9.7 million Thursday. Discussion
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China and Iraq have signed a $3 billion deal revising a deal for China’s biggest oil company to help develop an oil field, according to the Iraqi Embassy in Beijing. Discussion
2 days ago
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The Apparel retailers Chico’s FAS and American Eagle Outfitters posted better-than-expected profits despite taking deep markdowns to lure shoppers of all ages, sending their s ... Discussion
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Target has agreed to pay $6 million in damages to plaintiffs in California unable to use its online site as part of a class-action settlement with the National Federation of t ... Discussion
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Mr. Setubal was a former foreign minister who also helped build one of Brazil’s largest banks, Banco Itaú. Discussion
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Wall Street posted a big advance after a larger-than-expected increase in orders for durable goods, indicating that the economy is stronger than many investors thought. Discussion
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MBIA agreed to take control of nearly $200 billion of municipal bonds currently backed by a rival bond insurer, in a move that could help its competitor avoid bankruptcy. Discussion
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TiVo posted a quarterly profit for only the third time in its 11-year history as the pioneer in digital video recorders improved margins on hardware and reduced marketing cost ... Discussion
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The Justice Department will roll back a set of rules that penalized companies if they insisted on paying employees’ legal fees or protecting their confidential communications ... Discussion
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Before they ship PCs to retailers like Best Buy, computer makers load them up with lots of free software. For $30, Best Buy will get rid of it for you. Discussion
2 days ago
Category: News
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