Business and Finance News
Earnings Preview: MasterCard to post 2Q results
Sign on San Diego
NEW YORK Payment processing company MasterCard Inc. reports its second-quarter results before the market opens Tuesday. WHAT TO WATCH FOR: MasterCard's results may reflect a drop in U.S. ...
Chrysler to add 900 jobs to midsize-car plant
Star Tribune
DETROIT - Chrysler Group LLC said Friday that it will add nearly 900 jobs at a factory in suburban Detroit and spare it from a planned closure. The decision is a show of optimism that consumers will e...
Earnings Preview: MasterCard to post 2Q results
Miami Herald
NEW YORK -- Payment processing company MasterCard Inc. reports its second-quarter results before the market opens Tuesday.WHAT TO WATCH FOR: MasterCard's results may reflect a drop in U.S. retail sal...
Best and worst U.S. stocks in July
MarketWatch
SAN FRANCISCO (MarketWatch) -- As U.S. stocks made a comeback in July, some biotech, resource and industrial stocks lapped the broad market -- and several health-care and tech stocks fell far behind. ...
Disney sells Miramax to investment group for $660m
Guardian
Walt Disney today sold Miramax for $660m (£422m), the film studio that in its heyday reshaped Hollywood with a long reel of hits including Pulp Fiction, The English Patient and Shakespeare in Love.Di...
Modine reports sales, earnings increases
Business Journal
Modine Manufacturing Co. reported Friday that its fiscal first-quarter net income climbed to $3.1 million, or 7 cents per diluted share, due to dramatically improved sales in a number of its key marke...
Repsol Said to Seek $4 Billion for IPO of Brazil Unit
Business Week
July 30 (Bloomberg) -- Repsol YPF SA, Spain’s largest oil company, is seeking to raise about $4 billion from an initial public offering of its Brazilian business, valuing the unit at about $10 b...
U.S. Will File Labor Complaint Against Guatemala
Business Week
July 30 (Bloomberg) -- The U.S. filed a complaint against Guatemala today over its lack of labor protections, using provisions in a regional free-trade agreement, U.S. Trade Representative Ron Kirk sa...
Earnings Preview: MasterCard to post 2Q results
The Seattle Times
NEW YORK — Payment processing company MasterCard Inc. reports its second-quarter results before the market opens Tuesday. WHAT TO WATCH FOR: MasterCard's results may reflect a drop in U.S. reta...
Microsoft opening MOA retail store
Business Journal
. Microsoft CEO Steve Ballmer announced plans for the Mall of America store, as well as a location at Oakbrook Center near Chicago, at an investor conference Thursday. A spokesperson with Bloomingto...
Microsoft CEO sees iPad rival as 'Job One'
Business Journal
's iPad is "Job One" at his company these days. "(Apple has) sold certainly more than I'd like them to sell, let me just be clear about that," Ballmer said. Despite the f...
Earnings Preview: MasterCard to post 2Q results
Seattle Post-Intelligencer
By EILEEN AJ CONNELLYAP BUSINESS WRITER NEW YORK -- Payment processing company MasterCard Inc. reports its second-quarter results before the market opens Tuesday. WHAT TO WATCH FOR: MasterCard's r...
Obama selling auto bailout good news
MSNBC
President Barack Obama tours a Chrysler plant in Detroit Friday. Obama is in the heart of the U.S. auto industry to push an important election-year claim: that his administration's unpopular auto indu...
A possible successor to Buffett at Berkshire?
MSNBC
The oft-debated question of who will take over from Warren Buffett as the investment head of Berkshire Hathaway may have moved a notch closer to resolution, according to the Wall Street Journal Friday...
Alberta leads in average earnings
CBC News
Alberta continued to have the country's highest average weekly earnings among the provinces in May, despite a dip from the month earlier, Statistics Canada reported Friday.
Alberta leads in average earnings
CBC News
Alberta continued to have the country's highest average weekly earnings among the provinces in May, despite a dip from the month earlier, Statistics Canada reported Friday.
GDP Report Bad News for Job Seekers
Fox Business
Second-quarter GDP numbers show the economy is not growing fast enough to create jobs and bring down unemployment. Of the 2.4% growth reported Friday, 1.1% was an increase in inventories -- essential...
Consumer Sentiment Sags to Lowest Since November
Fox Business
Consumer sentiment plunged in July to its lowest level in 9 months on bleak prospects for jobs and income a year since the economic recovery began, a private survey released on Friday showed. There w...
Imports slow second-quarter growth
Reuters
WASHINGTON (Reuters) - Economic growth slowed in the second quarter as companies invested heavily in equipment from abroad and the pace of consumer spending eased, raising concerns about the recovery ...
Merck pares 2010 forecast, despite beat in quarter
Reuters
NEW YORK (Reuters) - Merck and Co issued a more cautious 2010 profit outlook on Friday and reported disappointing second-quarter sales of its vaccines and Singulair asthma drug, sending its shares dow...
Chrysler to keep Michigan plant open, add jobs
Reuters
DETROIT (Reuters) - Chrysler Group LLC will add a second shift to the Sterling Heights Assembly Plant near Detroit in early 2011 and keep that plant open beyond 2012, when it had been planned to shut,...
China overtakes Japan as No.2 economy: FX chief
Reuters
BEIJING (Reuters) - China has overtaken Japan to become the world's second-largest economy, the fruit of three decades of rapid growth that has lifted hundreds of millions of people out of poverty.
Disney to sell Miramax for over $660 million
Reuters
LOS ANGELES (Reuters) - Walt Disney Co has agreed to sell Miramax, the studio behind such films as "Trainspotting" and "No Country for Old Men," for more than $660 million to Filmyard Holdings LLC, en...
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