Tuesday, August 10, 2010

Business - 10 August 2010

  • How Facebook Changes Marketing And Sales
    Tue, 10 Aug 2010 09:00:00 -0700
    Author of ''The Facebook Era'' on the glories of hypertargeting customers.
  • Best Back-To-School Gadgets
    Tue, 10 Aug 2010 09:00:00 -0700
    The tech items your child should have, wants to have and the ones they really don't need.
  • McDonald's profit: Secret's in the cup
    Tue, 10 Aug 2010 08:54:00 -0700
    McDonald's performance over the past couple of years is often characterized as a classic recession success story: Strapped or worried consumers always flock to fast-food joints during hard times, hunting bargains, the theory goes, so of course McDonald's has done well. But while it's certainly true that the company has benefited from the downturn, that's only part of the story, and a relatively small part at that.
  • Global stock markets retreat ahead of Fed meeting
    Tue, 10 Aug 2010 08:52:55 -0700
    Signs of slowing economic growth in the US and China made investors more cautious ahead of policy meeting.
  • Norway: Fjords, Oil, Plenty of Jobs
    Tue, 10 Aug 2010 08:50:59 -0700
    A flood of stimulus cash has kept unemployment low—at worst, it may hit 4 percent—but some economists now fear overheating
  • Special Report: Focus on Jobs
    Tue, 10 Aug 2010 08:50:59 -0700
  • The Exclusive No-Cell Club
    Tue, 10 Aug 2010 08:50:59 -0700
  • Eyeing Nasdaq IPO, Brazil tech firm goes global
    Tue, 10 Aug 2010 08:50:37 -0700
    SAO PAULO (Reuters) - For once, Sao Paulo's horrid traffic could help a local company get somewhere.
  • Petronet taps spot LNG mkt after 7 mths
    Tue, 10 Aug 2010 08:50:27 -0700
    NEW DELHI (Reuters) - Petronet LNG will get a spot liquefied natural gas (LNG) cargo on Aug. 20, its chief executive said on Tuesday, the first in seven months to plug supplies hit by a shutdown of oil and gas fields on the west coast.
  • Verizon unveils Droid 2
    Tue, 10 Aug 2010 08:49:49 -0700
    Verizon Wireless on Tuesday unveiled the Motorola Droid 2, the successor to one of the company's most prominent and best-selling devices.
  • Investors await Fed meeting moves
    Tue, 10 Aug 2010 08:47:38 -0700
    The US Federal Reserve's policy meeting later will indicate how the central bank views prospects for the economy.
  • 5 big ways to fix the economy
    Tue, 10 Aug 2010 08:44:38 -0700
    Despite the $787 billion stimulus plan Congress passed in 2009 following the financial crisis, it's been a painfully weak economic recovery. With unemployment staying at an unnervingly high 9.5%, economists expect growth to continue slowing later this year. This has only fueled talk of the need for another round of government spending.
  • U.S. productivity falls, Fed mulls stimulus
    Tue, 10 Aug 2010 08:40:26 -0700
    WASHINGTON (Reuters) - U.S. business productivity fell for the first time in 1-1/2 years in the second quarter and labor costs hardly rose, according to government data that underlined the halting pace of economic recovery.
  • Elders of the economy: Raise taxes now
    Tue, 10 Aug 2010 08:34:35 -0700
    First it was Greenspan. Now one by one other elders of the economy are speaking out against deficits, and they're making the surprising argument for higher taxes.
  • Stocks sink ahead of Fed
    Tue, 10 Aug 2010 08:31:36 -0700
    Stocks turned sharply lower Tuesday, following a weak report on U.S. productivity, as investors await the latest statement about interest rates and the economy from the Federal Reserve.
  • The secret to retirement catch-up
    Tue, 10 Aug 2010 08:30:50 -0700
    Question: I'm behind in saving for retirement. Should I take more risk to catch up? --James Wilson, San Antonio
  • Airline Tarmac Delays Drop to 3 From 268 in June, U.S. Says
    Tue, 10 Aug 2010 08:24:04 -0700
    U.S. airline flights stuck for at least three hours on tarmacs dropped to three in June from 268 a year earlier, according to a government report.
  • Repsol to Sell Shares in Brazil Unit to Fund Fields
    Tue, 10 Aug 2010 08:22:00 -0700
    Repsol YPF SA, Spain’s largest oil company, filed to sell voting shares in its Brazilian unit to fund exploration and production at offshore fields.
  • Looking at ways to maintain stable rand: S.Africa's ANC
    Tue, 10 Aug 2010 08:21:34 -0700
    South Africa's ruling ANC is looking at ways to maintain stability in the rand without harming exports, a senior party official said on Tuesday.
  • Google-Verizon plan
    Tue, 10 Aug 2010 08:21:18 -0700
    Google and Verizon unveiled a joint policy proposal for an open Internet standard known as "Net neutrality" on Monday.
  • Wall Street dragged down by commodities
    Tue, 10 Aug 2010 08:19:22 -0700
    NEW YORK (Reuters) - Stocks dropped sharply on Tuesday as commodity shares were hit by indications China's economic growth may be slowing and by mounting uncertainty over the Federal Reserve's assessment of the U.S. economy, due later in the session.

  • Pakistani Evacuates Flood Zone as 14 Million Uprooted
    Tue, 10 Aug 2010 08:17:00 -0700
    Pakistan’s most destructive flood in memory surged south toward Hyderabad, the biggest city in its path, as the government and aid agencies said they are unable to reach or help many of the 14 million uprooted so far.
  • Jefferies Seeks Bond Dealer Roles to Fuel Growth
    Tue, 10 Aug 2010 08:16:00 -0700
    Jefferies Group Inc., one of 18 bond dealers required to bid at U.S. Treasury auctions, plans to trade debt directly with most European central banks by the end of next year to grab market share and boost earnings.
  • Boeing assessing 787 manufacturing issues
    Tue, 10 Aug 2010 08:08:50 -0700
    CHICAGO (Reuters) - Boeing Co is assessing new issues related to manufacturing the long-delayed 787 Dreamliner, but the company still aims to make first delivery of the plane by the end of this year, the chief executive of Boeing Commercial Airplanes said on Tuesday.

  • Productivity falls, Fed mulls stimulus
    Tue, 10 Aug 2010 08:07:06 -0700
    WASHINGTON (Reuters) - U.S. business productivity fell for the first time in 1-1/2 years in the second quarter and labor costs hardly rose, according to government data that underlined the halting pace of economic recovery.

  • Ambac Looks At Options While MBIA Cooks
    Tue, 10 Aug 2010 08:03:00 -0700
    Bond insurer MBIA reported second quarter earnings of $1. 3 billion as Ambac looks at options to get out of a pinch.
  • InterContinental Hotels Posts Profit
    Tue, 10 Aug 2010 08:00:00 -0700
    Company reverses year-earlier loss, but economic environment remains challenging.
  • New York Real Estate Developer Paul Milstein Dead At 88
    Tue, 10 Aug 2010 08:00:00 -0700
    Paul Milstein made a fortune building thousands of New York apartments and rehabilitating entire neighborhoods.
  • Pound vs dollar: Sterling drops ahead of Federal Reserve statement
    Tue, 10 Aug 2010 07:57:12 -0700
    The pound was down against the dollar this afternoon ahead of a statement due today from the U.S. Federal Reserve and following weak economic data from Britain.
  • Top EADS official, ex-U.S. Sen. Stevens in plane crash
    Tue, 10 Aug 2010 07:50:26 -0700
    WASHINGTON (Reuters) - The head of plane manufacturer EADS North American unit, Sean O'Keefe, and former Republican U.S. Senator Ted Stevens were aboard a plane that crashed in Alaska, and it was not immediately known if they survived, a congressional source said on Tuesday.
  • Bond Insurers Report Mixed Results
    Tue, 10 Aug 2010 07:40:00 -0700
    After the bell yesterday, bond insurer MBIA (MBI) reported second quarter earnings of $1. 3 billion as
  • InterContinental Hotels Profits In 2Q
    Tue, 10 Aug 2010 07:30:00 -0700
    This morning, InterContinental Hotels (IHG) reported earnings of $87 million in the second quarter, reversing
  • Is There a Double-Dip Recession Ahead?
    Tue, 10 Aug 2010 07:29:17 -0700
    Small business owners? perception of the economy hits lowest level in history.
  • Is There a Double-Dip Recession Ahead?
    Tue, 10 Aug 2010 07:29:17 -0700
    Small business owners? perception of the economy hits lowest level in history.
  • Malware most active ever in first half of 2010: McAfee
    Tue, 10 Aug 2010 07:27:45 -0700
    Production of malware, a software program that can damage computers and involve in password thefts, has touched highest levels in the first half of 2010 making the period as the most active half-year ever for total malware production, according to report from McAfee Inc.
  • US stocks plunge ahead of FOMC statement
    Tue, 10 Aug 2010 07:17:19 -0700
    US stocks plunged in early trade on Tuesday as investors and markets wait for the Federal Open Market Committee meeting results after disappointing nonfarm productivity data.
  • Skype IPO A ?Hot Deal?? Hold The Phone
    Tue, 10 Aug 2010 07:13:47 -0700
    Running the numbers contained in Skype's S-1 SEC filing.
  • Texas Rangers Sold For Record Price
    Tue, 10 Aug 2010 06:57:48 -0700
    The winning bid by Rangers Baseball Express placed an enterprise value on the Texas Rangers and the
  • Travelers beware! airfares rising: BTM data
    Tue, 10 Aug 2010 06:55:11 -0700
    Overall airfares for the first half of 2010 have increased substantially from last year, climbing steadily towards pre-recession levels as of June 2010, according to a data from American Express Business Travel Monitor.
  • Suniva Chief Argues Solar Sky Isn?t Falling
    Tue, 10 Aug 2010 06:50:15 -0700
    The up-and-coming solar panel maker Suniva has expanded its plant near Atlanta three times and is so
  • Fed ponders more easing as economy stumbles
    Tue, 10 Aug 2010 06:29:16 -0700
    WASHINGTON (Reuters) - The Federal Reserve's monetary policy committee gathered for a one-day meeting on Tuesday to consider, and perhaps adopt, additional measures to prop up a softening U.S. economic recovery.

  • Japanese-style deflation more likely in Europe, rather than U.S.
    Tue, 10 Aug 2010 06:24:54 -0700
    The emergence of a period of Japanese-style deflation is probably more likely to happen in the Euro Zone rather than in the U.S., given some of the common characteristics that the economies and populations of Japan and Western Europe share.
  • Google under probe in South Korea over data collection
    Tue, 10 Aug 2010 06:21:15 -0700
    SEOUL (Reuters) - South Korean police said they raided Google Inc's Seoul office on Tuesday on suspicion that the Internet search leader had illegally collected data on users.

  • US futures dip after productivity data
    Tue, 10 Aug 2010 05:54:31 -0700
    Futures on major U.S. stock indices extended their losses after nonfarm productivity in U.S. unexpectedly fell in second quarter.
  • Nvidia should pursue "strategic alternatives", analyst says
    Tue, 10 Aug 2010 05:46:03 -0700
    Graphics card marker Nvidia (NVDA) needs to pursue strategic alternatives in response to secular market challenges, according to an analyst at ThinkEquity.

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