Posted: 05 Jul 2011 01:26 PM PDT
Reuters - Stocks ended a thinly traded session mostly flat on Tuesday as investors paused after last week's surge, though continually light volume suggested the market could encounter more choppy trading.Posted: 05 Jul 2011 02:26 PM PDT
Reuters - Moody's on Tuesday cut Portugal's credit standing to junk in the first such move by a ratings agency and warned the country may well need a second round of rescue funds before it can return to capital markets.
Posted: 05 Jul 2011 01:21 PM PDT
Reuters - Car maker Ford has suspended advertising in Britain's News of the World due to allegations of hacking by the newspaper, while lender Halifax joined a growing band of companies reviewing their policies.
Posted: 05 Jul 2011 01:34 PM PDT
Reuters - A group of bondholders plans to challenge Bank of America Corp's $8.5 billion settlement with holders in soured mortgage-backed securities, saying it may be unfair to other bond investors.Posted: 05 Jul 2011 05:01 PM PDT
Reuters - A former senior director at Flextronics International pleaded guilty on Tuesday, telling a U.S. judge he was paid $200 an hour by an expert network firm to spill inside information to hedge funds.
Posted: 05 Jul 2011 05:06 AM PDT
AP - Global stock markets pushed modestly higher Tuesday as investors awaited a raft of U.S. economic data this week that culminates with closely-watched payrolls figures.Posted: 05 Jul 2011 06:47 AM PDT
AP - Want some paprika-infused chorizo sausage? How about a bit of buffalo mozzarella? Or maybe you just need more cooking oil this month, or a homemade soft drink you can afford on paltry wages. Perhaps you are looking for something more precious, such as an imported air conditioner or some hand-rolled cigars at a fraction of the official price.Posted: 04 Jul 2011 10:34 PM PDT
Reuters - Samsung Electronics, the world's top maker of memory chips and televisions, is likely to report sharply lower second-quarter earnings this week, hit by a loss at its LCD display unit and as weak demand for computers hit sales of its semiconductors.
Posted: 05 Jul 2011 02:15 PM PDT
AP - Ratings agency Moody's downgraded Portugal's government debt on Tuesday, citing growing risks the country will require a second rescue package because it cannot meet its debt reduction targets.
Posted: 05 Jul 2011 02:59 PM PDT
AP - Bank of America's $8.5 billion settlement with investors over poor-quality mortgage bonds is facing a new challenge.
Posted: 05 Jul 2011 01:52 PM PDT
AFP - Former French finance minister Christine Lagarde took over as the new head of the International Monetary Fund Tuesday with fresh questions over Portugal's bailout posing an immediate challenge.Posted: 05 Jul 2011 12:54 PM PDT
AP - Trader Joe's, the specialty grocery chain, might not have the cheapest toilet paper or the most varieties of ketchup, but it hooks customers with mango butter, chocolate-covered pomegranate seeds and cilantro-and-jalapeno hummus.Posted: 05 Jul 2011 12:55 PM PDT
AFP - A group of bond-holders on Tuesday challenged Bank of America's record $8.5 billion settlement for losses on mortgage-backed securities, clouding its efforts to move past the subprime mortgage mess.Posted: 05 Jul 2011 12:56 PM PDT
Reuters - TransCanada Corp said on Tuesday that Exxon Mobil's 1,000-barrel oil spill into the Yellowstone River will not derail its plans to build the Keystone XL pipeline, but environmentalists promised renewed pressure to block approval.
Posted: 05 Jul 2011 04:38 PM PDT
AP - Democratic Gov. Mark Dayton and Republican leaders restarted budget talks Tuesday for the first time since Minnesota's government shut down five days earlier, but with no progress to speak of the focus shifted from the Capitol to a courtroom where recipients of government money pleaded for their services to continue.Posted: 05 Jul 2011 01:45 PM PDT
AP - A lawsuit claims General Motors Co. treated the police better than it did average citizens when taking care of a defective part in 2007 and 2008 Chevrolet Impalas.
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