Greece's finance minister is confident that talks will wrap up soon on providing badly needed financial support for his debt-plagued government.
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Greek finance minister says debt talks going well (AP)
Posted by skelllie 131 days ago (http://us.rd.yahoo.com)Greece: Aid available in several days (AP)
Posted by skelllie 133 days ago (http://us.rd.yahoo.com)
Greece's Finance Minister says it is only a matter of days before the debt-ridden country can start receiving money from the eurozone-IMF financial rescue plan.
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Google discloses demands for censorship, user data (AP)
Posted by skelllie 135 days ago (http://us.rd.yahoo.com)
Google Inc. has set up a new tool to show where it's facing the most government pressure to censor material and turn over personal information about its users.
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Obama talks jobs to NC audience; Payrolls improve (AP)
Posted by skelllie 154 days ago (http://us.rd.yahoo.com)
President Barack Obama is pushing his administration's plans to create jobs, a crucial campaign issue for Democrats as they look toward November's midterm elections.
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Nissan will sell electric car for just over $25K (AP)
Posted by skelllie 156 days ago (http://us.rd.yahoo.com)
Nissan's new electric car will cost just over $25,000 when it goes on sale in the U.S. in December, aiming to bring gasoline-free technology within reach of mainstream drivers.
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Economy the focus as China political session ends (AP)
Posted by skelllie 174 days ago (http://us.rd.yahoo.com)
Mao Zedong's grandson couldn't have put it more simply. China's biggest challenge? "Economic development," he said, as the nation's most public political meetings end with sweeping goals to expand growth -- and helping more Chinese enjoy it.
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World stocks flat but pound takes another hit (AP)
Posted by skelllie 177 days ago (http://us.rd.yahoo.com)
World stock markets traded in a narrow range Wednesday as investors looked for renewed direction, while the British pound continued to founder following unimpressive industrial output figures.
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Toyota's president to visit China on Monday (AP)
Posted by skelllie 186 days ago (http://us.rd.yahoo.com)
Fresh from a grilling by U.S. lawmakers, Toyota President Akio Toyoda will speak Monday in China about his company's quality problems, seeking to boost confidence and ease consumer worries in the world's biggest auto market.
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Watchdog: Bailouts created more risk in system (AP)
Posted by skelllie 215 days ago (http://us.rd.yahoo.com)
The government's response to the financial meltdown has made it more likely the United States will face a deeper crisis in the future, an independent watchdog at the Treasury Department warned.
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As stocks keep rallying, IPOs return (AP)
Posted by skelllie 351 days ago (http://us.rd.yahoo.com)
Coming off its worst year in three decades, the market for initial public offerings is starting to show signs of life. Eight companies are looking to raise as much as $3.7 billion when they go public next week, the most activity the U.S.
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`Up' maintains No. 1 box-office altitude with $44M (AP)
Posted by skelllie 453 days ago (http://us.rd.yahoo.com)
Two live-action comedies were unable to bring down the animated adventure "Up." Disney and Pixar Animation's "Up" reeled in $44.2 million to remain on top of the box office for the second weekend in a row, according to studio estimates Sunday.
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More auto cuts: GM will eliminate 1,100 US dealers (AP)
Posted by skelllie 476 days ago (http://us.rd.yahoo.com)
General Motors on Friday told about 1,100 of its dealers -- one in five -- that they would be dropped by late next year, adding to the economic pain radiating from the beleaguered Detroit automakers to cities and towns across the country.
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Health groups offer $2 trillion in cost savings (AP)
Posted by skelllie 480 days ago (http://us.rd.yahoo.com)
President Barack Obama's plan to provide medical insurance for all Americans took a big step toward becoming reality Sunday after leaders of the health care industry offered $2 trillion in spending reductions over 10 years to help pay for the program.
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Layoffs slow to 539K in April; jobless rate rises (AP)
Posted by skelllie 483 days ago (http://us.rd.yahoo.com)
The pace of layoffs slowed in April when employers cut 539,000 jobs, the fewest in six months. But the unemployment rate climbed to 8.9 percent, the highest since late 1983, as many businesses remain wary of hiring given all the economic uncertainties.
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Bank stress tests show some banks need more funds (AP)
Posted by skelllie 484 days ago (http://us.rd.yahoo.com)
Some of the nation's largest banks will be scrambling to demonstrate that they can raise capital after results of government stress tests leaked out, showing many need more funds. The Treasury Department will officially release results later Thursday.
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Stock futures dip after big gains (AP)
Posted by skelllie 486 days ago (http://us.rd.yahoo.com)
Caution returned to Wall Street Tuesday ahead of results of the government's stress tests of banks. Stock futures dipped slightly following the big advance Monday that sent one key Wall Street indicator, the Standard & Poor's 500 index, into positive territory for the year and the Dow Jones industrials up more than 200 points.
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Fed sees signs recession may easing (AP)
Posted by skelllie 492 days ago (http://us.rd.yahoo.com)
The Federal Reserve says it sees signs the recession may be easing but warns the U.S. economy is likely to remain weak. Against that backdrop the Fed held its key lending rate at a record low of between zero and 0.25 percent.
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AP Exclusive: Fed tests harder on regional banks (AP)
Posted by skelllie 499 days ago (http://us.rd.yahoo.com)
The government's "stress tests" of 19 large banks take a harsher view of loans than of other troubled assets, according to a Federal Reserve document obtained by the Associated Press.
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China's premier says economy better than expected (AP)
Posted by skelllie 502 days ago (http://us.rd.yahoo.com)
Chinese Premier Wen Jiabao said Saturday the country's stimulus package is working and the economy is "better than expected," but he cautioned that complete recovery will take much more time because the global financial crisis continues to spread.
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AP IMPACT: Chinese drywall poses potential risks (AP)
Posted by skelllie 509 days ago (http://us.rd.yahoo.com)
At the height of the U.S. housing boom, when building materials were in short supply, American construction companies used millions of pounds of Chinese-made drywall because it was abundant and cheap.
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SEC is floating options to limit short sales (AP)
Posted by skelllie 513 days ago (http://us.rd.yahoo.com)
Federal regulators are floating several options for reining in the practice of short-selling stocks, as investors, corporations and lawmakers clamor for restrictions on moves they say gutted vulnerable companies and worsened the market's downward spiral.
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Big cuts seen for F-22, other big weapon programs (AP)
Posted by skelllie 515 days ago (http://us.rd.yahoo.com)
The nation should stop pouring billions into futuristic, super-expensive F-22 jet fighters, pull the plug on new presidential helicopters and put the money into systems U.S. soldiers can use against actual foes, Defense Secretary Robert Gates declared Monday.
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Obama tries to rally world to cope with downturn (AP)
Posted by skelllie 520 days ago (http://us.rd.yahoo.com)
On the eve of a global economic summit, President Barack Obama promised world leaders he would listen, not lecture, as they seek a common fix to the financial crisis. "We can only meet this challenge together," he said Wednesday as the U.S. and Russia spoke on the summit sidelines about nuclear warhead reduction.
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Wall Street rebounds on last day of the quarter (AP)
Posted by skelllie 521 days ago (http://us.rd.yahoo.com)
Wall Street is turning higher as investors buy up technology and financial stocks to square their portfolios on the last day of the quarter.
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Obama puts GM, Chrysler on short leash (AP)
Posted by skelllie 521 days ago (http://us.rd.yahoo.com)
President Barack Obama asserted unprecedented government control over the auto industry Monday, bluntly rejecting turnaround plans by General Motors Corp. and Chrysler LLC, demanding fresh concessions for long-term federal aid and raising the possibility of quick bankruptcy for either ailing auto giant.
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