Business and Finance News
Recession talk quieted by improving economic data
Sign on San Diego
WASHINGTON — The feeble economy exhibited a smidgen of strength Thursday, with mildly positive reports on jobs, store sales and housing. Figures released on unemployment claims, store sales...
Government seeks to revoke Hecker's bond
Star Tribune
It looks like Denny Hecker may be heading back to the slammer. The government filed a motion Thursday afternoon seeking to revoke the bond of the former auto dealer pending his trial on federal bankr...
Pension fund approached on Potash bid
Seattle Post-Intelligencer
By ROB GILLIESASSOCIATED PRESS WRITER TORONTO -- The head of a major Canadian pension fund says a Chinese sovereign wealth fund is interested in making a joint-bid with a Canadian pension fund for ...
Dell's enterprise challenge remains after 3Par
Seattle Post-Intelligencer
FILE - In this file photo taken March 22, 2006, the Dell corporate logo is displayed in a Salt Lake City. Hewlett-Packard is raising its offer for data-storage maker 3Par to about $1.69 billion. That ...
Pop music as branding? Shh ... | Tom Ewing
Guardian
music industry , but it's rare to hear stars talk it. The idea of describing a pop group in terms of branding feels wrong to most fans: there's something distressing, almost icky about it, even coming...
How wrestling is taking over the movies
Guardian
Brace yourself, adjust the volume controls and get ready, in a very real sense, to rumble – because the wrestlers are coming. The good news, at least, is that they're not here to grapple or drop-kic...
Movado Moves Lower After Earnings
Forbes
Methode Electronics said that while they are encouraged by their first-quarter sales, they remain cautious about their business outlook for the next few quarters as the global financial recovery remai...
Movado Moves Lower After Earnings
Forbes
Methode Electronics said that while they are encouraged by their first-quarter sales, they remain cautious about their business outlook for the next few quarters as the global financial recovery remai...
Wall Street gains ahead of jobless report
Earth Times
unemployment report.Government figures also showed that pending sales of existing homes rose 5.2 per cent in July, surprising economists after a 2.8- per-cent drop the previous month.Stocks were also ...
Esterline Q3 earnings jump; fiscal guidance raised
Business Journal
Esterline Corp. reported third-quarter net income rose to $39.9 million, or $1.30 per share, from $42.5 million, or $1.09 per share a year earlier. Sales at the Bellevue aerospace company (NYSE: ESL)...
Microsoft Quincy datacenter faces Ecology hearing
The Seattle Times
datacenter in Quincy will undergo a public hearing, giving people a chance to weigh in on the addition of 13 diesel backup generators planned for the complex. The center already has 24 generators tha...
Digital River stock up on Microsoft deal
Business Journal
as part of an extended contract. Eden Prairie-based Digital River’s deal with Microsoft will now run through Oct. 31, 2013, the company reported in a regulatory filing. It was originally set to...
Summary Box: Stocks extend gains on economic news
The Seattle Times
ANOTHER LIFT: Stocks gained again on Thursday, though not as much as the day before, on the latest hopeful indicators on the economy. BETTER NEWS: There was moderately better news on home sales, unem...
US stocks rise on home sales, jobless data
ABC Australia
Wall Street extended yesterday's strong gains overnight, with some encouraging home sales figures and a fall in jobless claims boosting sentiment. Figures from the National Association of Realtors sh...
Lehman Bros units in trouble
Times Of India
US investment bank , need hundreds of millions of dollars in capital to stave off failure that could cost Lehman billions, according to court documents.
Life Inc.: Proof that we can't work any harder
MSNBC
By John Schoen, Senior Producer Feeling like you just can’t work any harder? That may be true. According to the latest government data, your boss may have reached the limit on how much more wo...
ABM to pay $5.8 million in harassment case
MSNBC
A large building-maintenance company will pay $5.8 million to settle a sexual harassment lawsuit brought by the government involving 21 Hispanic female workers who had to endure everything from explic...
Funk band War tells Pepsi they're not friends
MSNBC
LOS ANGELES — Members of the original funk band War say they can't be friends with PepsiCo. They're suing the soft drink maker for more than $10 million, saying it did not negotiate with them...
Wall St jumps on positive data
The Daily Telegraph
WALL Street stocks advanced today as better-than-expected jobs and housing data helped sustain the previous day's boom ahead of a key monthly employment report.
Wall St jumps on positive data
The Daily Telegraph
WALL Street stocks advanced today as better-than-expected jobs and housing data helped sustain the previous day's boom ahead of a key monthly employment report.
Wall St jumps on positive data
The Courier Mail
WALL Street stocks advanced today as better-than-expected jobs and housing data helped sustain the previous day's boom ahead of a key monthly employment report.
U.S. stocks end higher ahead of jobs report
Market Watch
NEW YORK (MarketWatch) -- U.S. stocks finished higher on Thursday, helped by a late-session buying spree, after a report on housing and retailers' monthly results tempered concerns about employment ah...
U.S. stocks try to extend rise on economic data
Market Watch
NEW YORK (MarketWatch) -- U.S. stocks were mostly higher on Thursday as Wall Street attempted to extend the prior day's strong rise after a series of data points proved better than anticipated. "The d...
US Airways August Consolidated Traffic Up 0.8%
Fox Business
US Airways said late Thursday consolidated traffic in August climbed 0.8% to 5.74 billion revenue passenger miles from 5.69 billion in August 2009. A revenue passenger mile is equal to one passenger f...
H&R Block Reports $131 Mln Quarterly Net Loss
Fox Business
SAN FRANCISCO -- H&R Block Inc. reported a fiscal first-quarter net loss of $131 million, or 41 cents a share, late Thursday. That compares to a net loss of $133.6 million, or 40 cents a share, in the...
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