Business and Finance News
Cargill ground beef tied to rare E. coli strain
Star Tribune
Public health officials have linked recalled ground beef to illnesses from a rare strain of E. coli, the first such linkage to that strain in this country, adding fuel to an already fierce debate over...
Wall Street's Still-Warped Incentives
International Herald Tribune
my July 7 column, “Let Goldman Be Goldman,” which took to task both the Obama administration and the Democratic-controlled Congress for “demonizing” Goldman Sachs, and much of the rest of Wall...
Dem AG candidates slam Albany, Wall Street
Newsday
kathleen.kerr@newsday.com Responding to a moderator's rapid-fire questions, all five Democratic candidates for New York attorney general Thursday night called for reform in state government and highl...
Oil prices waiver on mixed economic news
eTaiwan News
Oil prices headed higher Thursday after an initial retreat as reports on jobs, manufacturing and home sales gave mixed signs about the economy.Benchmark oil for October delivery rose 30 cents to $74.2...
Otsuka Said to Hire Morgan Stanley, Nomura, UBS
Business Week
Sept. 3 (Bloomberg) -- Otsuka Holdings Inc., Japan’s largest privately owned drugmaker, hired Morgan Stanley, Nomura Holdings Inc. and UBS AG to manage an initial public offering that may take p...
Fugitive Tycoon Finally Faces The Music
Sky News
download Flash from the Adobe download website. The 69-year-old returned to Britain last month to face the music after 17 years on the run. A Sky News team travelled on the plane with him as h...
HK stocks seen higher as overseas mkts extend gains
Fox Business
HONG KONG, Sept 3 (Reuters) - Hong Kong stocks are set toextend gains on Friday on the back of continued strength inoverseas markets, although the benchmark index could be capped bykey technical resis...
Finland's economic outlook "highly uncertain"-IMF
Fox Business
WASHINGTON (Reuters) - Finland's economy willlikely recover from a deep recession this year and nextalthough its outlook is "highly uncertain," the InternationalMonetary Fund said Thursday. Finland's ...
Nikkei crawls higher, but wary before jobs data
Fox Business
By Elaine Lies TOKYO, Sept 3 (Reuters) - Japan's Nikkei average climbed 0.7percent on Friday as more encouraging data reassured investorsabout the state of the global economic recovery and sparkedshor...
JGBs fall after data continue easing economy worries
Fox Business
TOKYO, Sept 3 (Reuters) - Japanese government bonds fell onFriday, with the benchmark 10-year yield touching a seven-weekhigh, as stronger-than-expected U.S. housing data added to thisweek's list of i...
Japan imposes additional sanctions on Iran
Fox Business
Iran over its disputed nuclear programme on Friday,following the lead of the United States in putting pressure onTehran despite Tokyo's reliance on oil imports from the country. The fresh measures tha...
Japan capex fall slows, 2nd qtr GDP seen revised up
Fox Business
China pose risks (Adds analyst quotes, details) By Kaori Kaneko TOKYO, Sept 3 (Reuters) - Japanese companies cut capitalspending in April-June by a less-than-expected 1.7 percent fromthe same period l...
Banks admit better disclosure on bonuses needed
Fox Business
By Steve Slater LONDON, Sept 3 (Reuters) - Banks said they need to be moreopen about the size of their bonus pools and the methodology forpaying star bankers, after making progress in other areas ofre...
Kia To Recall 35,000 Cars In U.S., Report Says
Fox Business
SYDNEY -- South Korean automaker Kia Motors Corp. said Friday that it will recall 35,000 vehicles in the U.S. due to defective wiring, according to a Yonhap news report. The auto maker reportedly said...
Kosmos could be valued at $5 bln if goes public-FT
Fox Business
NEW YORK (Reuters) - The private equity backers ofoil firm Kosmos Energy are considering taking it public ineither the U.K. or U.S., which could value the company ataround $5 billion, the
Australia Shares Rise On Oil, Gold Price Strength
Fox Business
gold prices in New York provided a lift to resource stocks. The S&P/ASX 200 added 0.5% to 4,555.70. Among resource shares, shares of OZ Minerals Ltd added 2.7%, Newcrest Mining Ltd. rose 1.1% and Wood...
Japan Shares Rise On Cue From U.S. Stock Advance
Fox Business
TOKYO -- Japanese shares edged higher Friday morning in Tokyo, with technology and auto firms among the gainers on the heels of an advance on the U.S. stock market. The Nikkei Stock Average rose 0.6% ...
Nikkei edges up on techs, exporters; eyes on data
Fox Business
TOKYO, Sept 3 (Reuters) - Japan's Nikkei edged up 0.4 percenton Friday, buoyed by tech and exporter shares after U.S. datashowed improvement in housing and the job market, further calmingfears about t...
Australian Services Improved But Still Contracting
Fox Business
SYDNEY -- The Australian services sector edged up month-on-month, according to data for August released Friday, but remained below the level indicating expansion. The Australian Industry Group/Commonw...
Video: Oil Rig Explosion Rocks Gulf
CBS News
Workers were doing routine maintenance when a fire broke out on the upper deck of Vermillion 380 located in the Gulf of Mexico; all 13 rig workers were rescued. Don Teague reports.
Video: Beach Towns Brace for Earl
CBS News
As tourists obeyed orders to leave North Carolina's coastal towns, locals are stocking up on supplies and preparing for the powerful Hurricane Earl. Kelly Cobiella reports.
Funk Band War Tells Pepsico They're Not Friends
CBS News
(AP) Members of the original funk band War say they can't be friends with PepsiCo. They're suing the soft drink maker for more than $10 million, saying it did not negotiate with them to use their s...
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