Category Archives: Business News

Bank rescue details key to stave off bears (Reuters)

A man walks past a Citibank branch downtown Washington, February 20, 2009. (Yuri Gripas/Reuters)Reuters - Bears could have the upper hand again this week if Wall Street fails to get assurance that major banks can be rescued without being seized by the U.S. government.


Price of oil having little effect on gas costs - Statesville Record & Landmark


Washington Post

Price of oil having little effect on gas costs
Statesville Record & Landmark
By Bethany Fuller | Statesville R&L The price of a barrel of oil and at the local gas pumps usually go hand in hand, but in recent months the two have been moving in different directions.
Oil prices: Down in US, up in UK Seattle Times
Raise the price of gas to $4 – before the next oil crunch Christian Science Monitor
Daily Press - RTT News - The Associated Press - Battle Creek Enquirer
all 231 news articles

Will pension funds suffer the next financial implosion? - Christian Science Monitor


Will pension funds suffer the next financial implosion?
Christian Science Monitor
By Kathleen Connell If you are troubled by the loss in value in your 401(k) or other retirement account, you have plenty of company.
Feds subpoena pension official in Detroit corruption probe Detroit Free Press
Montroll: Making hard choices on pension reform BurlingtonFreePress.com
San Diego Union Tribune - Phoenixville News - Allentown Morning Call - Voice of San Diego
all 16 news articles

Swiss Weigh Bank Secrecy Options Amid UBS Deal - Wall Street Journal


ABC News

Swiss Weigh Bank Secrecy Options Amid UBS Deal
Wall Street Journal
By MARTIN GELNAR ZURICH -- A deal between Switzerland's largest bank UBS AG and US authorities has Switzerland weighing the options of its banking secrecy laws and has triggered some protest.
Swiss party wants to punish US for UBS probe Reuters
Banking secrecy needs to be redefined: Luxembourg AFP
Financial Times - Bloomberg - New York Times - MarketWatch
all 2,385 news articles

UBS chairman attacked over U.S. tax fraud probe: paper (Reuters)

Chairman of the Board of Directors of Swiss bank UBS Peter Kurer gestures as he makes a speech during an extraordinary shareholders meeting in Lucerne November 27, 2008. (Arnd Wiegmann/Reuters)Reuters - Pressure mounted on Sunday on the chairman of UBS to step down after the Swiss bank was engulfed in a storm of criticism over its handling of a U.S. probe into tax fraud.


Street Eyes Geithner's Second Act - Forbes


Javno.hr

Street Eyes Geithner's Second Act
Forbes
Treasury secretary whiffed on his first bank bailout speech; traders hope round two will be better. Stocks finished off their worst levels of the session in New York Friday, but investors should not read too much into the modest recovery.
Did Geithner Undersell His Plan? Seeking Alpha
US bank stress tests to show capital needs -source Reuters
CNNMoney.com - AsiaOne - Washington Post - Independent
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Emaar shares fall after US unit bankruptcy - Reuters


ArabianBusiness.com

Emaar shares fall after US unit bankruptcy
Reuters
By Jason Benham DUBAI, Feb 22 (Reuters) - Shares in Emaar Properties EMAR.DU, the developer behind the world's tallest tower, fell 9.6 percent on Sunday on fear of writedowns and weaker earnings from its home market after its US unit filed for ...
Calif. home builder seeks bankruptcy protection BusinessWeek
John Laing Homes files for Chapter 11 Los Angeles Times
Bizjournals.com - Orange County Business Journal - Bloomberg - Emirates Business 24/7
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Journal Register files to reorganize in Chapter 11 - MarketWatch


Graphic Arts Online (press release)

Journal Register files to reorganize in Chapter 11
MarketWatch
By Robert Daniel, MarketWatch TEL AVIV (MarketWatch) -- Journal Register Co., the Yardley, Pa., newspaper publisher, filed to reorganize under Chapter 11 of federal bankruptcy law.
Journal Register seeks bankruptcy protection Reuters
Journal Register files for bankruptcy protection RTT News
Philadelphia Inquirer - Detroit Free Press - Newsweek - The Associated Press
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Wal-Mart expands where it once wasn't wanted - Arkansas Democrat Gazette


KIMA CBS 29

Wal-Mart expands where it once wasn't wanted
Arkansas Democrat Gazette
BY STEVE PAINTER Wal-Mart Stores Inc., still growing despite the sharp downturn in the economy, is finding doors that were once closed might open as cities cope with shuttered stores, budget shortfalls and, in some cases, a shortage of food retailers.
Wal-Mart Agrees To Pay $17.5 Million To Settle Race Bias Suit CNNMoney.com
Wal-Mart settles trucker discrimination lawsuit Reuters
Bloomberg - Bizjournals.com - Los Angeles Times - Crain's Chicago Business
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Don't let last-minute cruising deals blind you to important tips - Detroit Free Press


Cruise Critic

Don't let last-minute cruising deals blind you to important tips
Detroit Free Press
ABOARD THE MARINER OF THE SEAS OFF THE COAST OF ECUADOR -- I'm sorry, did you say something? Oh, right. You want to know about what it's like to take a last-minute cruise.
Cruisin' along San Jose Mercury News
CRUISE ISSUE | PRACTICAL TRAVELER Deep discounts on the high seas International Herald Tribune
Oakland Tribune - Contra Costa Times - CruiseCritic.co.uk - USA Today
all 30 news articles