Business Finance News Summary: Movie Star Tells Interesting Financing Stories
Business Finance News Summary: Movie Star Tells Interesting Financing Stories
Sturgell Strands Travelers With Crackdown After Criticism
Robert Sturgell, a federal agency chief unknown to most air travelers, helped strand 273000 of them by cracking down on safety after being criticized for doing too little.
Airline investors find they’re always losing altitude Houston Chronicle
American scrubs more flights for inspections
Scientific American Microsoft-Yahoo: Motivated Buyer Yet?
With Google and AOL in the picture, Microsoft faces pressure to raise its offer before Yahoo! can seal a deal that spoils Redmond’s takeover bid by Catherine
Sizing Up a Post-Yahoo Ad Landscape
Microsoft-Yahoo So Far A Lot Of Talk
US Biotechs On Sale
Takeda, Japan’s biggest drug company, is buying Cambridge, Mass.-based Millennium Pharmaceuticals for $8.8 billion, or $25 a share.
Japanese Drug Company Bids for US Biotech Firm
Takeda Faces Generic Threat Even With Millenium Buy (Update1)
While ECB Holds the Line
The Bank of England cut its key interest rate Thursday while the European Central Bank, faced with record inflation, kept its policy rate unchanged.
Video: Eurozone rates ‘to stay at 4%’ bbcworldnews
European Bank Holds Fast as England Cuts Rate
Japan’s Fuji Heavy shares rally on expanded alliance with Toyota group
Shares in Fuji Heavy Industries Ltd. surged in morning trade on Friday after the company said Toyota Motor Corp.
Asian Stocks Advance, Led by Technology Companies, Retailers
Toyota: Tighter with Subaru, Daihatsu
Ottawa Citizen Lehman liquidates three floundering funds-filing
Lehman Brothers Holdings Inc (LEH.N: Quote, Profile, Research) has liquidated three floundering investment funds that lost value and ended up taking $1 billion of assets from the funds onto its balance sheet …
Lehman Bails Out Hedge Funds Forbes
Lehman Says It Bailed Out Money Market, Cash Funds (Update4)
Earthtimes UK’s Darling wants bigger IMF surveillance role
The International Monetary Fund needs to beef up its oversight of the world economy and be held to account for its performance if future financial crises are to be prevented, British finance minister Alistair …
Proposals Aim to Make IMF More Proactive
UK’s Darling Urges Bigger IMF Role in Surveillance of Markets
KLEW Sharp Curb on Salmon Season
Faced with the collapse of the fall Chinook salmon run in the Sacramento River, the Pacific Fishery Management Council voted Thursday to cancel all commercial salmon fishing this year from the California coast to north-central …
Council Approves Salmon Fishing Ban
Salmon fishing off California, Oregon banned San Francisco Chronicle
Mizuho cuts fiscal 2007 net outlook to $3 billion
Mizuho Financial Group Inc. said profits in fiscal 2007 fell by more than 50% from the past year because of write-offs on subprime-related losses at its securities unit.
Mizuho Profit Drops by 50% as Subprime Losses Swell (Update2)
Japan’s Mizuho cuts estimate again on subprime Forbes
Identity thieves tax the system
David Hodge got a shock when he filed his federal tax returns last year. An identity thief had beaten him to it.
IRS Promises Better Response to ID Theft
IRS Knocked on Identity Theft
Falcon Oil & Gas, ExxonMobil in deal over developing Hungary
Falcon Oil & Gas Ltd said it and its unit TXM Exploration and Production LLC have entered into a Production and Development Agreement with Exxon Mobil Corp’s Esso Exploration International Limited under which Falcon and ExxonMobil will …
UPDATE 1-Falcon Oil, Exxon in Hungarian development deal
Falcon Oil & Gas Ltd. Enters Into Production and Development
Hong Kong shares end morning higher on Wall Street rebound, yuan …
Hong Kong shares ended Friday morning higher, tracking overnight gains on Wall Street and advances in mainland markets.
PREVIEW-Singapore Exchange profit may be smallest in 4 quarters
Tokyo lifts region as exporter shares climb
Arkansas Business Online Most retailers lose fight against downturn
With little money left after buying food and fuel, American shoppers handed most retailers their most dismal March in 13 years.
Wal-Mart, Costco Sales Gain as Bargains Lure Shoppers (Update8)
4th UPDATE: March Retail Sales Fall Amid Early Easter
WBT Surprising Growth in the Trade Deficit
The gap between what Americans import and export unexpectedly widened in February as domestic demand rose for automobiles and fell back for crude oil.
US Economy: Trade Gap Unexpectedly Grew on Imports (Update5)
Increase in Trade Deficit Raises Concern
Chinese Yuan sets new high against dollar
China’s yuan, which has been appreciating since its peg to the US dollar ended in July 2005, broke through the 7-to-1 threshold Thursday.
China central bank adviser says sharp yuan fluctuation not desirable RMB
Yuan Hits Milestone Against Dollar
FGIC and XLCA Continue to Work with Jefferson County to Solve Debt …
Financial Guaranty Insurance Company (”FGIC”), a wholly owned subsidiary of FGIC Corporation, and XL Capital Assurance Inc. (”XLCA”), a wholly owned subsidiary of Security Capital Assurance …
Bond Insurers Aid Alabama County
Bond Help for Jefferson County
The Southern Ledger Oil Falls Below $110 on Stronger Dollar
Oil prices retreated further Friday to less than $110 a barrel as a stronger US dollar prompted investors to book profits after this week’s rally to a record.
Energy Sector Roundup: Oil Goes Lower
Energy stocks mixed as oil retreats from record MarketWatch
The Daily Deal (subscription) First American’s IDR cut to ‘BBB’
Fitch Ratings said it has downgraded First American Corp.’s (NYSE:FAF) issuer default rating (IDR) to ‘BBB’ from ‘BBB+’ and senior unsecured debt to ‘BBB-’ from ‘BBB’, and First American …
Fitch Downgrades First American Houston Chronicle
Fitch Affirms $2.3B & Downgrades $1.7B from 11 First Franklin 2005
Oil company, environmental groups meet to discuss future
Rarely do you find oil companies and environmental groups on the same side, but that’s what happened Thursday in Santa Barbara.
Environmental Groups Announce Landmark Agreement to Limit Oil … FOXBusiness
California environmental groups in deal with offshore oil company San Jose
Billions of Barrels of Oil May Lie Under Northern Plains
An area of shale and other rock in North Dakota and Montana is estimated to hold the largest potential oil resources in the 48 contiguous states, according to an assessment released Thursday by the United States Geological Survey. Agency releases oil field report Grand Forks
US pumps up Bakken oil estimate
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