Posted: 27 Jun 2011 02:06 PM PDT
Reuters - Stocks rose from three days of losses on Monday, led by banks after news of more favorable capital requirements and optimism over Greece's austerity plan, but investors cautioned against high hopes.Posted: 27 Jun 2011 04:50 PM PDT
Reuters - Nike Inc reported stronger-than-expected quarterly earnings on Monday as a 14 percent increase in revenue helped offset higher costs, and orders showed surprising strength for the future.
Posted: 27 Jun 2011 01:48 PM PDT
Reuters - France offered a radical solution Monday for banks to roll over some Greek debt for 30 years as the Greek government fought for political support of its five-year austerity plan to avert bankruptcy.
Posted: 27 Jun 2011 05:24 PM PDT
Reuters - TerreStar Networks Inc did not receive any competing bids for its assets Monday, clearing the way for Dish Network Corp to acquire the company for about $1.38 billion, according to sources with direct knowledge of the situation.Posted: 27 Jun 2011 03:37 PM PDT
Reuters - Broker-dealers won additional time from federal regulators to comply with new rules banning "naked access," where brokers rent their IDs to unlicensed high-speed traders.
Posted: 24 Jun 2011 02:34 PM PDT
AP - A former investment manager known as Wall Street's "bad boy" may not testify at his securities fraud trial, but that didn't stop him from offering his own running commentary Friday about the case — and himself — outside court.Posted: 27 Jun 2011 11:24 AM PDT
Reuters - Rising Tea Party star Michele Bachmann leaped into the Republican 2012 presidential nomination race on Monday, saying the country cannot afford four more years of President Barack Obama's handling of the economy.Posted: 27 Jun 2011 05:02 PM PDT
AP - Nike Inc.'s fourth-quarter profit rose 14 percent to beat expectations as strong sales of sneakers and sportswear around the world offset higher costs.Posted: 27 Jun 2011 01:54 PM PDT
AP - Greece's beleaguered government is bracing for a 48-hour general strike as lawmakers debate a new round of austerity reforms designed to win the country additional rescue loans needed avoid bankruptcy.Posted: 27 Jun 2011 09:01 AM PDT
The Motley Fool - Then, the economy and stock market boomed for the first few months of the year only to peter out in summer. Same deal this year -- so far at least. The first few months brought the strongest job gains in years, a booming stock market, and hope that things were really turning the corner.
Posted: 27 Jun 2011 07:09 PM PDT
AFP - France's Christine Lagarde was poised to be named head of the International Monetary Fund Tuesday when the global crisis lender's board meets to replace Dominique Strauss-Kahn.Posted: 27 Jun 2011 03:02 PM PDT
AP - A former stockroom worker for Abercrombie & Fitch Co. sued the clothing retailer in federal court Monday, saying she was illegally fired after refusing to remove her Muslim headscarf while on the job.Posted: 27 Jun 2011 04:09 PM PDT
AP - Iran's oil minister has acknowledged strains within OPEC after its last meeting exposed deep rifts between his country and rival Saudi Arabia, but said the organization can solve them internally.Posted: 27 Jun 2011 06:41 PM PDT
AP - President Barack Obama plunged into deadlocked negotiations to cut government deficits and raise the nation's debt limit Monday, and the White House expressed confidence a "significant" deal with Republicans could be reached. But both sides only seemed to harden their positions as the day wore on, the administration insisting on higher taxes as part of the package but Republican leaders flatly rejecting the idea.Posted: 27 Jun 2011 04:06 PM PDT
Yahoo! News - With gas prices still hovering well above where many of us would like, the move towards ultra-fuel-efficient vehicles is stronger than ever. And while gas/electric hybrid vehicles like the Chevy Volt and Toyota Prius boast some pretty impressive fuel figures, …
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