49296 results returned for search: "" category ("Other" AND "Business")
AMERICA'S biggest banks are doubling down on a bet that the economy will improve in the latter half of the year. If they're wrong, and borrowers don't pull out of a tailspin, bankers and their investors will take a beating.
That's because banks will ...
DATE: Jul 27, 2009
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The unemployment situation in the United States is quite dismal, and it is pretty awful just about everywhere else too. The global economy is experiencing its worst growth performance in 60 years and the effects are evident in the all-important labou...
DATE: Jul 27, 2009
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NEW YORK (Reuters) - Wall Street may take a breather this week after an earnings-driven rally lifted the major US stock indexes to their highest levels in months.
The blue-chip Dow Jones industrial average climbed back above the 9,000 mark last week ...
DATE: Jul 27, 2009
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TORONTO (Reuters) - Sweden's Ericsson has won an auction for the wireless assets of bankrupt Nortel Networks Corp, paying $1.13 billion for the crown jewels of the one-time Canadian telecom star.
In separate statements, the two companies said Saturda...
DATE: Jul 27, 2009
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How does hard cash flow into our economy? The executive rolls in on a private jet with his/her family: rents an executive cottage with five bedrooms, five bathrooms, a pool, and ocean views, purchases a car for the missus, gets the kids in private sc...
DATE: Jul 25, 2009
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Q Is there hope for my shares of MGM Mirage? They have been a major disappointment. - PK, via the Internet
A It's easy to see why you're hoping your luck will improve.
The economic downturn has been hard on the largest casino gaming operator in Las V...
DATE: Jul 25, 2009
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Bermuda Container Line Ltd. saw its share price slump by 20.41 percent ($2.45) on The Bermuda Stock Exchange yesterday.
The transportation company closed the day at $9.55, with 210 shares traded.
The Ascendant Group Ltd. also fell by 4.36 percent (70...
DATE: Jul 25, 2009
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TOKYO (Bloomberg) - It will be another 10 years before we can say whether Ben Bernanke is a genius or a madman.
For now, the activist and creative Federal Reserve chairman is getting the benefit of the doubt. Almost 75 percent of investors surveyed b...
DATE: Jul 25, 2009
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In Sweden, a new political party is gaining support, based on what it calls people's "human rights" to download content illegally from the Internet. Man, those wacky Swedes. Hollywood movies, patented medical pills, editorial content - members of the...
DATE: Jul 25, 2009
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NEW YORK (AP) — AT&T Inc.'s earnings fell 15 percent in the second quarter as it subsidised a record-setting launch of the newest iPhone. The weak economy also continued to sap its landline business.
The profit beat Wall Street estimates, however, an...
DATE: Jul 24, 2009
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