Business and Finance News
Stock markets rise lifts household wealth
RTE
New statistics today show that Irish household net financial wealth - how much people own less their debts - grew by 58% to €95.8 billion in the first quarter of this year compared to the same ... ITT posts higher 2Q earnings, flat revenue
Miami Herald
WHITE PLAINS, N.Y. -- Defense contractor ITT Corp. said Friday its second-quarter net income got a boost from better operating margins with revenue nearly flat.The company earned $238 million, or $1.... Currencies: Dollar pares gains after U.S. GDP data
MarketWatch
NEW YORK (MarketWatch) -- The U.S. dollar held onto the bulk of its gains on Friday after the U.S. government gave a mixed read on growth in the first two quarters of the year. The greenback was ... Before the Bell: GDP data, Chevron, Merck in spotlight
MarketWatch
U.S. stock futures extended a bearish tone in the wake of gross-domestic-product data that showed the U.S. economy lost momentum in the second quarter. Real GDP rose at a 2.4% annualized rate in the q... Shares slide as US GDP disappoints
Guardian
Markets are on the slide again after new figures showed the US recession was deeper than previously thought.In the second quarter US GDP grew by 2.4%, compared to analysts' expectation of around 2.6%.... Are ebook readers for book-lovers?
Guardian
The question can´t be answered like that.Yes, the ebook readers are for book lovers.But, no, it cannot ever replace the real thing.I would love to have an ebook reader on my own (I have borrowed ... Chevron Tops Earnings and Revenue Forecasts
CNBC
The oil giant earned $2.70 a share in its second quarter, compared with 87 cents a share this time last year. Sales for the most recent quarter reached $53 billion, up from $40.21 billion in the same ... U.S. Economy Grew Less Than Forecast
Business Week
July 30 (Bloomberg) -- Growth in the U.S. slowed to a 2.4 percent annual rate in the second quarter, less than forecast, reflecting a larger trade deficit and an easing in consumer spending. Data: Recession Was Even Worse Than Estimated
Business Week
July 30 (Bloomberg) -- The worst U.S. recession since the 1930s was even deeper than previously estimated, reflecting bigger slumps in consumer spending and housing, according to revised figures. Obama Making Sales Pitch for Auto Bailouts to Voters
Business Week
July 30 (Bloomberg) -- President Barack Obama flies to the heart of the U.S. auto industry today on a mission to convince taxpayers that their investment in the bailouts of General Motors Co. and Chry... Singapore Death Penalty Book Author Won’t Apologize
Business Week
July 30 (Bloomberg) -- Alan Shadrake, the British author charged for contempt of court for challenging the integrity and independence of Singapore’s judiciary, said he wouldn’t apologize f... Perdue expected to announce Caterpillar win
Business Journal
Gov. Beverly Perdue is expected to announce today that Caterpillar has chosen Winston-Salem as the site of its new manufacturing plant and more than 500 jobs. A press conference has been scheduled fo... McKesson posts rise in 4Q earnings
Business Journal
McKesson Corp. reported a 3 percent spike in earnings during its first quarter. The San Francisco-based company (NYSE: MCK), whose McKesson Automation Inc. division is located in Cranberry Township, ... ITT posts higher 2Q earnings, flat revenue
Seattle Post-Intelligencer
THE ASSOCIATED PRESS WHITE PLAINS, N.Y. -- Defense contractor ITT Corp. said Friday its second-quarter net income got a boost from better operating margins with revenue nearly flat. The company ea... Economic growth slowed in second quarter
MSNBC
WASHINGTON — The nation’s economic recovery lost speed in the second quarter, according to the government's first reading on gross domestic product, released Friday. The U.S. economy grew a... Regional chains feed America's burger appetite
MSNBC
Whether you want pear chutney grown by local farmers on your sandwich, or an artery-clogging ball of meat and grease for less than a buck, there’s a regional burger chain for you somewhere in Americ... 10 hot startups with future potential
MSNBC
A "hot" startup company isn't the entrepreneurial equivalent of a winning lottery ticket. Probe a bit beneath the surface, and what you'll find is a combination of creativity, determination, hard work... Billionaire brothers accused of insider trading
MSNBC
In this file photo Sam Wyly poses at his Explore book store in Aspen, Colo. The SEC has accused famed Dallas billionaire investors Sam and Charles Wyly of defrauding the investing public. Disney sells Miramax film studios
BBC
Disney has been negotiating with potential buyers for months to sell the division, which has made films such as Pulp Fiction and Shakespeare in Love. Deadline for tax credits renewal
BBC
However, Mr Osborne said in his first Budget that there would be significant cuts in tax credits - currently available to 4.7 million households - from next April. US sees paper profit on bail-outs
BBC
Assets bought by the US to bail out AIG and Bear Stearns are showing a paper profit for the first time, the Federal Reserve Bank of New York has said.
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