Business and Finance News
 Luxury seating available in some aircraft
The Africa News.Net
Some airline passengers may be feeling more comfortable in their seats, with dozens of airlines opting to install wider seats with more leg room.
S.D.-based Gen-Probe posts higher earnings on shipments
Sign on San Diego
Thursday, July 29, 2010 at 5:59 p.m. Higher shipments of blood screening products helped boost second-quarter earnings to $26.1 million for medical test maker Gen-Probe, the San Diego company said Th...
Grandma's recipe was just the beginning
Star Tribune
When Laura and George Herberg decided in 1959 to market her lefse recipe, a thriving business in tiny Gonvick, Minn., wasn't the only payoff. Offering living proof that entrepreneurship runs in the g...
Ameriprise shares soar on strong profit
Star Tribune
Ameriprise Financial Inc. shares surged 12 percent Thursday after the financial services company reported a near tripling of its second-quarter profits, propelled largely by stock market gains and a l...
Treasurys mixed on earnings, new jobless claims
eTaiwan News
Treasury prices were mixed Thursday after U.S. companies reported strong earnings and the government said new jobless claims fell but remain elevated.The price of the 10-year note slipped 3.125 cents ...
Oil prices rise on better corporate earnings
eTaiwan News
Oil prices rose Thursday as better-than-expected earnings from Exxon Mobil Corp., Southwest Airlines Co. and others bolstered hope for an improving economy.Benchmark crude for September delivery rose ...
Citigroup paying $75M to settle fraud charges
eTaiwan News
Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007.The Securities an...
U.S. Denies Petitions Challenging Climate Science
Business Week
July 29 (Bloomberg) -- The Obama administration rejected challenges to its finding last year that climate change caused by emissions of greenhouse gases is a danger to public health.
Arizona Files Appeal Challenging Immigration Ruling
Business Week
July 29 (Bloomberg) -- Arizona appealed a judge’s ruling that struck key provisions of a state law requiring police to determine the immigration status of people stopped for questioning, said Go...
Emerging Bond, Equity Inflows Rise on Stress Tests
Business Week
July 30 (Bloomberg) -- Emerging-market equity and bond fund inflows rose in the week ended July 28 as European bank stress tests and U.S. earnings reports bolstered investor optimism, EPFR Global said...
Wyly Brothers’ $550 Million Stock Sales Draw SEC Suit
Business Week
July 29 (Bloomberg) -- Samuel Wyly and Charles Wyly, Texas- based entrepreneurs who financed ads supporting George W. Bush’s presidential campaigns, were sued by U.S. regulators for allegedly mi...
Google changes tune, search still working in China
Times Of India
SAN FRANCISCO: Google says its search engine and several other services are working normally in mainland China after previously reporting the service had been completely blocked. The company's s...
Microsoft makes cloud deal with South Korean telco
Infomatics
Microsoft has signed a deal to bring cloud computing applications to customers of the LG Uplus telecommunications service.Under the deal, Microsoft will work with the Korean telco provider to offer ...
Microsoft bangs the Office for Mac 2011 drum
Infomatics
Microsoft is trying to generate interest in its upcoming Office for Mac 2011 productivity suite by drip-feeding information about new features.The company has released the
JGBs edge up after soft data but capped before sale
Fox Business
July 30, 2010 TOKYO, July 30 (Reuters) - Japanese government bond futures edged up on Friday after Japan's industrial output fell unexpectedly in a sign production is levelling out, but investor ...
FOREX-Dollar on defensive, eyes on U.S. GDP
Fox Business
July 30, 2010 By Hideyuki Sano TOKYO, July 30 (Reuters) - The dollar eked out small gains against the euro in early trade on Friday, but remained on the defensive near a three-month low against ...
Ingram Micro 2Q More Than Doubles As Global Sales Rise
Fox Business
IM ) second-quarter profit more than doubled on lower operating costs and charges, and as worldwide sales rose sharply and results topped expectations. The computer-equipment distributor serves as a g...
Nikkei edges lower as tech shares lose ground
Fox Business
July 30, 2010 TOKYO, July 30 (Reuters) - Japan's Nikkei average lost 0.6 percent on Friday, with tech shares down after weak outlooks from U.S. technology companies and downbeat comments by a Fede...
Fed's Bullard: U.S. deflation risk has risen-Nikkei
Fox Business
July 29, 2010 (For more stories on the Japanese economy, click) TOKYO, July 30 (Reuters) - St. Louis Federal Reserve Bank President James Bullard said the risk of deflation in the United States ...
US House Set To Vote On Offshore-Drilling Overhaul
Fox Business
WASHINGTON -(Dow Jones)- The U.S. House of Representatives is set to vote Friday on remaking the entire offshore-drilling system, setting up a fight over how far the government should go in removing s...
Mexico arrests Pemex oil official in bribery case
Fox Business
July 29, 2010 MEXICO CITY (Reuters) - Mexican police have arrested an official at state oil monopoly Pemex on suspicion of trying to sell an exploration contract for around $19,000, the attorney ...
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