Business News
                                                                    

Sep 02, 2010 01:45PM

Stocks rise on economic hopes ahead of payrolls (Reuters)

Reuters - Stocks rose on low volume on Thursday as data showed improvement in housing and the job market a day ahead of the critical monthly payrolls figures.

Sep 02, 2010 01:32PM

Economic data damp down fears of new recession (Reuters)

Reuters - Pending sales of previously owned U.S. homes rebounded unexpectedly in July and new claims for jobless benefits fell last week, helping quell fears the economy could face a double-dip recession.

Sep 02, 2010 01:42PM

Burger King agrees to $3.3 billion sale to 3G Capital (Reuters)

Reuters - Burger King Holdings Inc agreed to sell itself to investment firm 3G Capital for $3.26 billion, giving the No. 2 U.S. fast-food chain breathing room to fix its business and close the gap with leader McDonald's Corp.

Sep 02, 2010 05:41PM

Murdoch: Global economy is still not out of turmoil (Reuters)

Reuters - News Corp Chief Executive Rupert Murdoch said the global economy is still in an uncertain state and the media industry is going through a fundamental transformation that is unpredictable

Sep 02, 2010 02:40PM

Bernanke takes blame for muddled message on Lehman (Reuters)

Reuters - U.S. Federal Reserve Chairman Ben Bernanke said he was partly to blame for leaving the wrong impression that the central bank could have saved Lehman Brothers from failure in 2008.

Dec 31, 1969 04:59PM

BP Says Limits on Drilling Imperil Oil Spill Payouts - New York Times

Telegraph.co.uk

BP Says Limits on Drilling Imperil Oil Spill Payouts New York Times BP is warning Congress that if lawmakers pass legislation that bars the company from getting new offshore drilling permits, it may not have the money to pay for all the damages caused by its oil spill in the Gulf ... Offshore Oil Platform Explodes in Gulf of Mexico, But No Leak FoundABC News US offshore oil fire may delay lift of drill banReuters Platform owner involved in previous offshore accidents, regulators sayLos Angeles Times Wall Street Journal -USA Today -Bloomberg all 4,570 news articles »

Dec 31, 1969 04:59PM

Burger King Agrees to $4 Billion Private Equity Offer - New York Times

ABC News

Burger King Agrees to $4 Billion Private Equity Offer New York Times Burger King agreed on Thursday to sell itself to an investment firm with roots in Brazil in a deal valued at $4 billion, including the assumption of debt. The deal is the largest leveraged buyout of a fast-food chain ever, ... Burger King Bounds Higher On TakeoverForbes Fitch cuts rating for Burger King on buyout dealBusinessWeek Burger King Agrees to $3.3 Billion 3G Capital OfferBloomberg San Francisco Chronicle -The Associated Press -Reuters all 1,404 news articles »

Dec 31, 1969 04:59PM

Hewlett-Packard wins bidding war for 3Par - Los Angeles Times

Moneycontrol.com

Hewlett-Packard wins bidding war for 3Par Los Angeles Times Computer maker Dell Inc. withdrew Thursday from the three-week bidding war over tiny data storage company 3Par Inc., which quickly accepted the latest offer at $33 a share from Dell rival Hewlett-Packard Co. ... Kumar Says HP's Offer for 3Par `Extremely Expensive': VideoBloomberg Dell's Enterprise Challenge Remains After 3ParABC News 3Par bid war boosts Brocade speculationBizjournals.com TheStreet.com -Reuters India -The Associated Press all 1,750 news articles »

Dec 31, 1969 04:59PM

Index of pending home sales rises 5.2% - Los Angeles Times

Central Florida News 13

Index of pending home sales rises 5.2% Los Angeles Times July's increase from June in the National Assn. of Realtors' gauge for previously owned residences follows two straight months of declines and a report that sales of such homes dived 27.2%. By Alejandro Lazo, Los Angeles Times An index of home purchase ... Pending home sales riseSan Francisco Chronicle Economic Data Damp Down Fears of New RecessionABC News Housing Stocks Lift As Pending Sales Pick UpForbes The Associated Press -The Atlantic -Ocean City Today all 342 news articles »

Dec 31, 1969 04:59PM

Japan Said to View US Opposition as Yen Intervention Obstacle - Bloomberg

New York Times

Japan Said to View US Opposition as Yen Intervention Obstacle Bloomberg Sept. 2 (Bloomberg) -- John Vail, chief global strategist at Nikko Asset Management, talks about equity investment opportunities in Japan and the impact of the strengthening yen on ... Euro zone support to weaken yen not discussed-sourcesReuters Strong Yen Helps to Fuel Germany's Export BoomNew York Times More on Potential Intervention in JapanSeeking Alpha (blog) The Economist -istockAnalyst.com (press release) -Forexyard all 40 news articles »

Kym McNicholas on Sep 02, 2010 06:19PM

Take-Two Shares Soar

After hours: Ulta Salon and Cooper Companies top estimates; H&R Block narrows loss.

Forbes India Staff on Sep 02, 2010 03:00PM

What's a Hacker's Biggest Fear?

Hackers. Faceless people who deface government Web sites, who can peek into your computer without you knowing. What are they like? We asked Akash Mahajan, a Certified Ethical Hacker, for a few insights into the shadowy world.

Oxford Analytica on Sep 02, 2010 03:00AM

Saudi Arabia's U.S. Ties

The Saudi arms request will likely lock Riyadh and Washington into a close military relationship for 20 more years.

Kym McNicholas on Sep 01, 2010 06:14PM

Harry Winston Diamond Dazzles

After hours: SAIC beats Street; Collective Brands reports weak sales.

T. Surendar on Sep 01, 2010 03:00PM

India's Health Insurance Hurdles

As state-owned insurance companies scramble to get their act together, third party administrators need to be more efficient to justify their existence.

Sep 02, 2010 04:38PM

Alcohol drinking 'continues fall'

Alcohol consumption has fallen faster than ever, figures from the British Beer and Pub Association suggest.

Sep 02, 2010 02:52PM

Europe agrees finance watchdogs

The European Union agrees to reform financial supervision, with new agencies to oversee banks, insurers and financial markets.

Sep 02, 2010 01:44AM

House prices fall again in August

House prices fell for the second month in a row in August, according to the Nationwide building society.

Sep 02, 2010 08:20AM

Four power firms face sales probe

Four of the "big six" UK energy suppliers are to be investigated amid concerns of mis-selling to customers, the regulator says.

Sep 02, 2010 08:49AM

Dell pulls out of battle for 3Par

Dell withdraws its bid for 3Par after rival Hewlett-Packard raises its offer for the data storage company to $2.1bn.