8/2 Business - Google News

Business - Google News         'Dire' Fiscal State Forces Rhode Island City Into Bankruptcy - San Francisco Chronicle August 1, 2011 at 4:15 PM   Here And Now 'Dire' Fiscal State Forces Rhode Island City Into Bankruptcy San Francisco Chronicle Aug. 1 (Bloomberg) -- Central Falls, Rhode Island's poorest city, sought Chapter 9 bankruptcy protection as it struggles to meet pension obligations. A petition was filed today after state officials failed to persuade police, fire and municipal ... Central Falls Joins Munis Gone BustTheStreet.com 'Dire' Situation Forces Rhode Island City of Central Falls Into BankruptcyBloomberg Central Falls Becomes Second Muni Casualty of 2011Wall Street Journal (blog) The Associated Press -Boston Globe -Business Insider all 356 news articles »         Manufacturing growth hits lowest level in 2 years - Colorado Springs Gazette August 1, 2011 at 4:14 PM   KATU Manufacturing growth hits lowest level in 2 years Colorado Springs Gazette AP WASHINGTON • Manufacturers had their weakest growth in two years in July, a sign that the economy could weaken this summer. The Institute for Supply Management, a trade group of purchasing executives, said Monday that its index of manufacturing ... Is the Manufacturing Sector in Contraction Mode?ETFguide Treasuries Close Notably Higher On Disappointing Manufacturing DataRTT News ISM Manufacturing Index Drops To A Lower-Than-Expected 50.9ThirdAge AdvisorOne -Seeking Alpha -Wall Street Journal all 452 news articles »         S&P under pressure over US credit rating - Financial Times August 1, 2011 at 4:10 PM   Sydney Morning Herald S&P under pressure over US credit rating Financial Times The question facing the credit rating agency is whether it will downgrade the triple A credit rating of the US, or whether a tentative debt deal struck in Washington involving up to $2400bn in deficit ... Analysis: If US debt is downgraded, will anyone care?Reuters Debt Deal Doesn't Lift Threat of Credit DowngradeFox Business Newton to discuss credit rating with Moody's todayBoston Globe CNBC.com -Business Insider -WBUR all 87 news articles »         House moves ahead on debt deal; CBO confirms it would save $2.1 trillion - Washington Post August 1, 2011 at 3:53 PM   Politico House moves ahead on debt deal; CBO confirms it would save $2.1 trillion Washington Post President Obama and congressional leaders sought to rally their parties Monday behind a compromise debt-reduction deal that nonpartisan analysts said would save at least $2.1 trillion over the next ... CBO confirms that debt-ceiling plan would cut $2.1 trillionLos Angeles Times Scaturro: Overcoming a Low Ceiling on LeadershipPatch.com Grading debt deal: The good, bad and the uselessMarketWatch Forbes (blog) -USA Today -Daily Caller all 338 news articles »         Dianne Feinstein backs debt-ceiling agreement - Los Angeles Times August 1, 2011 at 3:37 PM   Reuters Dianne Feinstein backs debt-ceiling agreement Los Angeles Times California Sen. Dianne Feinstein said Monday that she supported the deficit-reduction package agreed upon by congressional leaders and President Obama, calling it a "settlement of necessity" to avert a federal default. ... Scramble to secure debt deal supportFinancial Times Leaders race to garner support for debt billCBS News Biden predicts passage of US debt limit billReuters Politico -Bizjournals.com -TPMDC all 151 news articles »         Fares drop to $9 each way in 'Colorado Day' fare war - USA Today August 1, 2011 at 3:31 PM   Fares drop to $9 each way in 'Colorado Day' fare war USA Today A fare war appears to brewing in Denver, where competition among airlines has been extraordinarily intense in recent years. The city is home to a large hub for United -- the world's largest carrier -- and to low-cost ... Frontier Airlines set to restructure, move to Denver9NEWS.com Frontier's Colorado Day sale: $84 each way from Chicago to Denver -- and moreChicago Tribune Frontier, Southwest offering aggressive sales from DenverDenver Post Triangle Business Journal -Bizjournals.com -MarketWatch (press release) all 24 news articles »         CBO confirms debt deal would save at least $2.1 trillion - Washington Post August 1, 2011 at 2:05 PM   Business Standard CBO confirms debt deal would save at least $2.1 trillion Washington Post The Congressional Budget Office confirmed Monday that the debt-reduction deal struck by the White House and congressional leaders would cut deficits by at least $2.1 trillion over the next 10 years, ... Budget analysis says debt-limit deal saves $2.1 trillionUSA Today CBO: Debt ceiling deal cuts at least $2.1 trillionCNNMoney Compromise Debt-Limit Plan to Save $2.1 Trillion Over 10 Years, CBO SaysBloomberg MainStreet -Reuters -The Associated Press all 281 news articles »         Sources: Giants to re-sign top rusher Bradshaw - ESPN August 1, 2011 at 2:04 PM   NJ.com Sources: Giants to re-sign top rusher Bradshaw ESPN Running back Ahmad Bradshaw has re-signed with the New York Giants, sources told ESPN NFL Insider Adam Schefter on Monday. The Giants had been clearing cap space to make an offer to their leading rusher. The 25-year-old Bradshaw finished last season ... Ahmad Bradshaw Re-Signing With Giants, Taking One Team Off Jason Snelling ListSB Nation Ahmad Bradshaw: Re-Signs With GiantsRotowire Giants, Bradshaw agree on new dealNew York Post (blog) The Star-Ledger - NJ.com -NorthJersey.com -New York Daily News (blog) all 46 news articles »         HSBC tops forecasts with profits of $11.5bn - Telegraph.co.uk August 1, 2011 at 2:04 PM   CTV.ca HSBC tops forecasts with profits of $11.5bn Telegraph.co.uk HSBC surprised the City on Monday with better-than-expected results for the first half of the year that beat analysts expectations by $600m (£365m). The increase in profits was largely driven by falling impairments against toxic assets, which helped ... Fate of HSBC bank branches in the north country unclearNorth Country Public Radio HSBC will maintain NY workforce; selling branchesWall Street Journal Scale of Gulliver's brutal revolution emergesFinancial Times Patch.com -STLtoday.com -Christian Post all 2,127 news articles »         Allstate's Wilson Bets on Corporate Bonds, Adds Cash Amid U.S. Debt Clash - Bloomberg August 1, 2011 at 1:59 PM   Reuters Allstate's Wilson Bets on Corporate Bonds, Adds Cash Amid U.S. Debt Clash Bloomberg Allstate Corp. (ALL), the auto and home insurer with a $99.3 billion investment portfolio, is betting on corporate bonds and building cash holdings as Congress nears a deadline for raising the US debt ... Will Allstate Deflate?Barron's Allstate beats estimates despite catastrophesFinancial Times Allstate Swings To Loss As Catastrophe Claims SoarWall Street Journal Washington Post -Forbes -Insurance Networking News all 258 news articles »         Gap hopes freezer tip will crystallise sales - Financial Times August 1, 2011 at 1:56 PM   Boston Globe Gap hopes freezer tip will crystallise sales Financial Times Gap is publicising an employee's tip to clean jeans by putting them in the freezer as part of an effort to revitalise its struggling sales through videos targeting smartphone-carrying shoppers. The retailer has struggled ... Gap weaves fabric of LA into 1969 jeans campaignLos Angeles Times Gap's Fall Campaign Changes Core Customer in 'Moment of Truth'Bloomberg Gap aims to sell jeans with tacos, videosCBS News Styleite -DailyFinance -Huffington Post all 257 news articles »         US Stocks Decline As Investors Eye Weak Data, Debt Drama; DJIA Off 110 - Wall Street Journal August 1, 2011 at 1:45 PM   Daily Mail US Stocks Decline As Investors Eye Weak Data, Debt Drama; DJIA Off 110 Wall Street Journal NEW YORK (Dow Jones)--US stocks fell Monday, erasing an early rally, as weak manufacturing data and worries that ratings firms could still downgrade the US government's credit overpowered investor relief about a ... Dow skids on manufacturing report, giving up gainsThe Associated Press Conservative Republicans Ready To Oppose Debt-Ceiling DealNASDAQ Stocks jump on news of debt dealDaily Caller CNBC.com -Hilton Head Monthly -Bloomberg all 436 news articles »         Windstream's Plan for Paetec - Light Reading August 1, 2011 at 1:44 PM   Wager Run News Windstream's Plan for Paetec Light Reading "Windstream has made eight acquisitions in the past five years or so," says Ed Gubbins, analyst with New Paradigm Resources Group Inc. "Paetec acquired Xeta in February after buying Cavalier last year. So they've both been busy. ... Ryan & Maniskas, LLP Announces Investigation of PAETEC Holding Corp.MarketWatch (press release) Windstream Obtains $1.1 Billion Financing for Paetec AcquisitionBusinessWeek Windstream to buy Paetec for $891 mln in stockReuters FierceTelecom -Charlotte Observer -Wall Street Journal all 218 news articles »         Dollar Hits New Lows Against Yen, Franc - ABC News August 1, 2011 at 1:33 PM   Reuters Dollar Hits New Lows Against Yen, Franc ABC News The dollar fell to new lows Monday against the Swiss franc and the Japanese yen, which traders tend to buy when they're seeking safety. But it made gains against most other major currencies. Analysts say investors are worried about a possible downgrade ... FOREX-Euro tumbles broadly as weak data spurs risk aversionReuters Franc Climbs to Record on Bets US Economy to Slow; Euro FallsBusinessWeek Forint Weakens to New Record Versus Franc on U.S. ManufacturingBloomberg RTT News -Wall Street Journal -MarketWatch all 245 news articles »         Party Leaders Confront Skeptics in Their Ranks - Bloomberg August 1, 2011 at 1:18 PM   Reuters Party Leaders Confront Skeptics in Their Ranks Bloomberg After months of bitter negotiations, Democratic and Republican leaders have finally reached an agreement to raise the nation's debt ceiling. After months of bitter negotiations, Democratic and Republican ... Pleasing Few, Debt Deal to Go to VoteNew York Times Senator Reid hopeful debt limit bill will passReuters U.S. Debt Drama Enhances Cantor's CloutWall Street Journal Telegraph.co.uk -AFP -The Seattle Times all 12,653 news articles »         ISM July Manufacturing Index, New Orders Measure - Bloomberg August 1, 2011 at 1:06 PM   MyFox Washington DC ISM July Manufacturing Index, New Orders Measure Bloomberg Aug. 1 (Bloomberg) -- John Silvia, chief economist at Wells Fargo Securities LLC, talks about the Institute for Supply Management's factory index report released today. The ISM factory index fell to 50.9 in July from 55.3 the prior month. ... Clinton swears in Gary Locke as new US envoy to China, first Chinese-American ...Washington Post all 346 news articles »         'Dire' Situation Forces Rhode Island City of Central Falls Into Bankruptcy - Bloomberg August 1, 2011 at 12:41 PM   Boston Globe 'Dire' Situation Forces Rhode Island City of Central Falls Into Bankruptcy Bloomberg Retired firefighters Rick McDermott, left, and Paul St. George, right, react as the city announces that it will file for Chapter 9 bankruptcy protection in Central Falls, ... Central Falls, Rhode Island: A Bankrupt Crystal Ball For Future AmericaBusiness Insider Rhode Island city files for bankruptcyCNN Small Rhode Island Town Goes BankruptDailyFinance The Associated Press -Boston Globe -Financial Times all 418 news articles »         'Dire' Situation Forces Rhode Island City of Central Falls Into Bankruptcy - Bloomberg August 1, 2011 at 12:41 PM   Boston Globe 'Dire' Situation Forces Rhode Island City of Central Falls Into Bankruptcy Bloomberg Central Falls, Rhode Island's poorest city, filed for Chapter 9 bankruptcy protection as it struggles to meet its pension obligations. The petition was filed today after state ... Rhode Island City Files for BankruptcyWall Street Journal Rhode Island's Central Falls files for bankruptcyReuters Cash-strapped RI city files for bankruptcyWatertown Daily Times Boston Globe -The Associated Press -GoLocalProv all 328 news articles »         Foxconn, HSBC Join Global Trend: Technology Reducing Labor Costs - International Business Times August 1, 2011 at 11:38 AM   Reuters Foxconn, HSBC Join Global Trend: Technology Reducing Labor Costs International Business Times Sooner or later, it had to happen -- the world outsmarting itself. It's happening at this moment, the global worker getting left behind by technology. Consider only that Foxconn, the Chinese maker of Apple's ... Report: Foxconn to Replace Humans With 1 Million Robots?PC Magazine Foxconn to replace large percentage of workforce with robots, not likely to ...Macgasm Foxconn to rely more on robots; could use 1 million in 3 yearsReuters Mobiledia -Telegraph.co.uk -CNN all 154 news articles »         Commodity currencies and yuan increasingly favoured over US dollar - Channel News Asia August 1, 2011 at 11:37 AM   Reuters Commodity currencies and yuan increasingly favoured over US dollar Channel News Asia SINGAPORE: According to the IMF, the US dollar's share of global foreign exchange reserves has fallen to 60 per cent from 70 per cent a decade ago. While traditional alternatives to the US dollar have ... FOREX-Dollar skids vs Swiss franc and yen on economy fearsReuters Forint Weakens to New Record Versus Franc on U.S. ManufacturingBloomberg Swiss Franc, Yen Strengthen on Speculation US Economy to SlowBusinessWeek CNBC.com -ABC News -Wall Street Journal all 182 news articles »         Windstream to buy PAETEC - Omaha World-Herald August 1, 2011 at 11:35 AM   RTT News Windstream to buy PAETEC Omaha World-Herald Windstream Communications, the primary telecommunications provider in Lincoln and southeast Nebraska, announced Monday that it plans to acquire PAETEC Holding Corp., a local exchange carrier that serves 46 states. ... Windstream Obtains $1.1 Billion Financing for Paetec AcquisitionBusinessWeek Windstream to buy Paetec for $891 mln in stockReuters Windstream to acquire Paetec HoldingBizjournals.com Wall Street Journal -ConnectedPlanet -Data Center Knowledge all 139 news articles »         Congress Plans Monday Vote on Framework To Avoid Federal Default - California Healthline August 1, 2011 at 11:35 AM   CBC.ca Congress Plans Monday Vote on Framework To Avoid Federal Default California Healthline President Obama and congressional leaders on Sunday night announced that they had reached an agreement on a fiscal year 2012 budget framework that would cut the federal deficit by trillions of dollars over the next decade and raise the federal debt ... The ransom dealNewsworks.org Debt Deal Heads to SenateDaily Beast AT A GLANCE: The Debt DealNASDAQ CBC.ca -Daily Nation -Los Angeles Times all 11,438 news articles »         Markets fret over US economy despite debt deal - Forbes August 1, 2011 at 11:21 AM   Kansas City Star Markets fret over US economy despite debt deal Forbes Market relief over a US agreement to raise the country's debt ceiling proved short-lived on Monday after a downbeat survey stoked fears that the world's largest economy may be sliding back into recession. ... Global Markets Mixed After US Debt AgreementNew York Times Stocks Cheer Debt DealTheStreet.com International Stock Markets Show Relief After US DealSecaucus New Jersey News WESH Orlando -CNBC.com -Sydney Morning Herald all 1,264 news articles »         NYSE-Deutsche Boerse to jump to top options spot - Reuters India August 1, 2011 at 11:21 AM   Reuters India NYSE-Deutsche Boerse to jump to top options spot Reuters India A listing identifer for NYSE Euronext with it's ticker symbol NYX is seen on the booth where it is traded on the floor of the New York Stock Exchange, July 7, 2011. CHICAGO (Reuters) - NYSE Euronext (NYX.N) and Germany's Deutsche Boerse AG (DB1Gn. ... LSE chief warns of merger's threat to UK voiceFinancial Times NYSE-Deutsche Boerse to jump to top options spotIBTimes Canada HFTs weigh in on NYSE Euronext dealFierceFinance Galaxy Stocks -Automated Trader all 32 news articles »         HSBC Eyes 30K Job Cuts, Reveals Flat 1H Revenue - Fox Business August 1, 2011 at 11:19 AM   The Guardian HSBC Eyes 30K Job Cuts, Reveals Flat 1H Revenue Fox Business In one of the deepest job cut announcements of the year, UK banking giant HSBC (HBC) revealed plans on Monday to slash 30000 jobs amid stalling revenue growth during the first half of 2011. The move comes as HSBC posted a ... HSBC reveals Project Merlin lending commitmentsThe Guardian First Niagara Dips on DilutionTheStreet.com AT A GLANCE: Weak Results, More Regulation Mean UK Bank Job CutsWall Street Journal Bizjournals.com -USA Today -Christian Post all 1,998 news articles »         June construction spending hits 6-month high - Reuters August 1, 2011 at 11:01 AM   Lexington Herald Leader June construction spending hits 6-month high Reuters WASHINGTON (Reuters) - Construction spending unexpectedly rose in June to touch a six-month high as an increase in private outlays offset a drop to a four-year low in public spending, a government report showed on Monday. Construction spending advanced ... Construction Spending in U.S. Climbs for Third Straight MonthBloomberg Construction spending rises 0.2 percentSeattle Post Intelligencer U.S. June construction spending up 0.2%MarketWatch NASDAQ -RTT News -Transport Topics Online all 223 news articles »         Instant view: Manufacturing sector slows in July: ISM - Reuters August 1, 2011 at 11:01 AM   The Associated Press Instant view: Manufacturing sector slows in July: ISM Reuters NEW YORK (Reuters) - The pace of growth in the US manufacturing sector slowed more than expected in July, according to an industry report released on Monday. "The oil market is really flailing around this morning and the initial euphoria of the debt ... US manufacturing slowdown raises economy concernsFinancial Times Manufacturing Growth Is MutedWall Street Journal U.S. ISM Manufacturing Index Fell to 50.9 in July From 55.3Bloomberg TheStreet.com -CNNMoney -USA Today all 465 news articles »         Instant view: Manufacturing sector slows in July: ISM - Reuters August 1, 2011 at 11:01 AM   Bellingham Herald Instant view: Manufacturing sector slows in July: ISM Reuters NEW YORK (Reuters) - The pace of growth in the US manufacturing sector slowed more than expected in July, according to an industry report released on Monday. "The oil market is really flailing around this morning and the initial euphoria of the debt ... Manufacturing recovery slowsCNNMoney Manufacturing growth slows to a crawlMiddle East North Africa Financial Network US manufacturing slowdown raises economy concernsFinancial Times Wall Street Journal -USA Today -TheStreet.com all 333 news articles »         Global Markets Are Up After US Debt Deal - New York Times August 1, 2011 at 9:27 AM   USA Today Global Markets Are Up After US Debt Deal New York Times LONDON — European and Asian financial markets heaved a sigh of relief Monday over the last-minute agreement in Washington to raise the US debt limit, shrugging off for now the lingering concerns about ... Asian Shares End Higher on US Debt DealCNBC.com Deal or no deal? Markets bracing for MondayBusinessWeek US stock futures rise broadly in wake of debt dealThe Associated Press Washington Post -Wall Street Journal -Sacramento Bee all 1,110 news articles »         Sluggish US economic growth sinks dollar - KPVI-TV August 1, 2011 at 9:20 AM   Reuters Sluggish US economic growth sinks dollar KPVI-TV NEW YORK (AP) — The dollar is sinking after a report showed the US economy grew at the slowest pace in the first six months of the year since the recession ended. Meanwhile, lawmakers are still fighting over how to raise the US debt limit. ... FOREX-Dollar at record low vs Swiss franc on rating riskReuters Yen Slides as US Debt-Limit Accord Reduces Demand for RefugeBusinessWeek Asia Stocks, U.S. Futures Gain on Debt-Plan Deal; Dollar RisesSan Francisco Chronicle Financial Times -Bloomberg -MarketWatch all 81 news articles »         Windstream To Buy PAETEC Holding For $2.3 Bln - RTT News August 1, 2011 at 9:20 AM   RTT News Windstream To Buy PAETEC Holding For $2.3 Bln RTT News (RTTNews) - Telecommunications services provider Windstream Corp. (WIN: News ) Monday said it has agreed to buy peer PAETEC Holding Corp. (PAET: News ) for about $2.3 billion. The transaction is expected to close within six months, subject to certain ... Windstream To Buy Paetec In $891 Million Stock DealWall Street Journal Windstream to buy PAETEC for $891 mln in stockReuters PAETEC to be sold to WindstreamRochester Democrat and Chronicle MPNnow.com -Danbury News Times all 88 news articles »         Congress moving quickly on debt and spending deal - Salt Lake Tribune August 1, 2011 at 9:20 AM   The Hindu Congress moving quickly on debt and spending deal Salt Lake Tribune WASHINGTON - Congress is moving quickly on an agreement to avert a potentially devastating default on US obligations, with legislation that mixes a record increase in the government's borrowing cap with the promise of more than $2 ... Our Ongoing Nullification CrisisPatch.com Obama-GOP debt debate just beginningUSA Today WHouse adviser says deficit deal will pass CongressReuters The Seattle Times -The Atlantic -Bloomberg all 11,961 news articles »         NYMEX-Crude jumps after US debt-limit deal - Reuters August 1, 2011 at 9:00 AM   Moneycontrol.com NYMEX-Crude jumps after US debt-limit deal Reuters NEW YORK, Aug 1 (Reuters) - US crude futures rose on Monday as a tentative deal reached in Washington to end the debt-ceiling row and prevent an unprecedented default lifted equities and oil prices. After months of discord, Republican and Democratic ... Oil Advances From Two-Week Low as Lawmakers Reach Debt AgreementSan Francisco Chronicle Oil Prices JumpWall Street Journal Middle East Oil Trades at Discount on Taiwan's Refinery ShutdownBloomberg AFP -Transport Topics Online -Reuters Africa all 257 news articles »         CNA's catastrophe losses hurt Loew's results - Chicago Tribune August 1, 2011 at 8:54 AM   CNA's catastrophe losses hurt Loew's results Chicago Tribune Loews Corp.'s second-quarter earnings fell 31 percent as higher natural catastrophe losses contributed to a 55 percent drop in its CNA Financial Corp. insurance unit's profit. Insurers have faced a difficult pricing environment due to high competition ... CORRECT: Loews 2Q Net Falls 31%; CNA Financial 2Q Net Drops 55% On CatastrophesWall Street Journal Loews Q2 Profit Down 31% - UpdateRTT News Loews Corporation Reports Net Income for the Second Quarter of 2011MarketWatch (press release) Benzinga all 29 news articles »         Verizon Taps AmEx In Bid To Expand Mobile Payment Presence - Wall Street Journal August 1, 2011 at 8:52 AM   Verizon Taps AmEx In Bid To Expand Mobile Payment Presence Wall Street Journal SAN FRANCISCO (Dow Jones)--Verizon Wireless said on Monday it will use technology from American Express Co. (AXP) for mobile phone payments, a move that underscores a growing realization among telecom carriers ... American Express, Verizon Enter Deal to Allow Payments on Mobile DevicesBloomberg Verizon, American Express partner on mobile paymentsCNET American Express' Serve digital wallet now serving Verizon devicesGigaOm MarketWatch (press release) -VentureBeat -IntoMobile all 24 news articles »         Apple manufacturer Foxconn replaces staff with robots - Telegraph.co.uk August 1, 2011 at 8:31 AM   Reuters Apple manufacturer Foxconn replaces staff with robots Telegraph.co.uk Foxconn, the world's largest electronics manufacturer whose vast Chinese factories assemble products for the likes of Apple, Nokia and Sony, has said it wants to use one million robots to replace workers. By Malcolm Moore, Shanghai Foxconn, ... Apple manufacturer to replace some of workforce with robotsCNN Foxconn to rely more on robots; could use 1 million in 3 yearsReuters Foxconn to increase use of robots 100-foldFinancial Times International Business Times -ThirdAge -PCWorld all 139 news articles »         CORRECT: HSBC To Slash 30000 Jobs As 1H Revenue Stagnates - Wall Street Journal August 1, 2011 at 8:25 AM   The Guardian CORRECT: HSBC To Slash 30000 Jobs As 1H Revenue Stagnates Wall Street Journal ("UPDATE: HSBC To Slash 30000 Jobs As First-Half Revenue Stagnates," published at 0859 GMT, mis-attributed quotes made by the CEO in the second and eighth paragraphs. The correct version follows.) By Margot Patrick Of DOW JONES NEWSWIRES LONDON (Dow ... HSBC to cut 30000 jobs in global overhaulDetroit Free Press HSBC says banking reform could cost UK jobsThe Guardian HSBC to cut another 25000 jobsCNNMoney USA Today -Bizjournals.com -San Francisco Chronicle all 1,914 news articles »         HSBC to cut another 25000 jobs - CNNMoney August 1, 2011 at 7:02 AM   The Guardian HSBC to cut another 25000 jobs CNNMoney NEW YORK (CNNMoney) -- HSBC reported Monday that it will cut 25000 more jobs around the world, in addition to the thousands of job cuts already underway, after reporting a surge in profit. ... HSBC to cut 30000 jobs in global overhaulUSA Today HSBC to Cut 25000 More Jobs by 2013Bloomberg HSBC to axe up to 30000 jobs by 2013AFP DailyFinance -Financial Times -Wall Street Journal all 1,607 news articles »         Obama: Debt Ceiling Agreement Has Been Reached - Christian Post August 1, 2011 at 7:01 AM   The Hindu Obama: Debt Ceiling Agreement Has Been Reached Christian Post "The leaders of both parties, in both chambers, have reached an agreement that will reduce the deficit and avoid default," announced President Obama Sunday night. US President Barack Obama delivers remarks on ... Debt deal advances as world watchesMontreal Gazette Debt-Limit Deal to Get Congress Vote TodayBloomberg Congressional Leaders to Pitch Debt-Reduction Compromise to CaucusesFox News The Guardian -CNN -The Associated Press all 11,238 news articles »         Mitsubishi Motors posts profit as new markets grow - Sacramento Bee August 1, 2011 at 7:01 AM   Kansas City Star Mitsubishi Motors posts profit as new markets grow Sacramento Bee AP TOKYO -- Mitsubishi Motors sprang back into the black for the fiscal first quarter as growth in emerging markets offset damage from the quake in northeastern Japan. Mitsubishi Motors Corp. said Monday it posted a 4.3 billion yen ($55 million) profit ... Honda 1Q Profit Drops In Post-Quake Funk, But Lifts FY OutlookWall Street Journal Mitsubishi Motors Returns to Profit With 4.3 Billion Yen NetBloomberg Honda's quarterly profit plunges 90%TODAYonline Forbes all 286 news articles »         Futures Jump After Debt Deal - Morningstar.com August 1, 2011 at 7:00 AM   Reuters Futures Jump After Debt Deal Morningstar.com Stock index futures in the United States rose in early trade after Congressional leaders struck a deal to increase the United States' borrowing limit and avert a payments default. ... Wall St futures jump on US debt deal reliefReuters all 22 news articles »         China manufacturing activity shrinks in July - MarketWatch August 1, 2011 at 7:00 AM   Telegraph.co.uk China manufacturing activity shrinks in July MarketWatch HONG KONG (MarketWatch) — China's manufacturing activity contracted slightly in July, signaling a deterioration in the operating environment at the nation's factories, as tighter monetary conditions weighed further on the ... U.K. Manufacturing ContractsWall Street Journal Manufacturing contracts for first time in two yearsFinancial Times Manufacturing activity fall fuels fears for economyThe Guardian BBC News -Reuters Canada -The Independent all 278 news articles »         Brent off 6-week high on debt progress - Reuters August 1, 2011 at 6:47 AM   Moneycontrol.com Brent off 6-week high on debt progress Reuters LONDON (Reuters) - Brent crude futures hit a 6-week high on Monday before easing, topping $120 a barrel in a relief rally after Washington reached a last-minute deal to escape a debt default. By 1008 GMT, Brent crude was trading up ... OIL FUTURES: Crude Holds Gains On US Debt DealWall Street Journal Oil Climbs in New York as U.S. Senate Leader Close to Deal on Debt CeilingBloomberg Oil futures climb after U.S. debt dealMarketWatch AFP -Sydney Morning Herald -Economic Times all 212 news articles »         FOREX-Dollar rallies on debt deal, but downside risks seen - Reuters August 1, 2011 at 6:36 AM   Reuters FOREX-Dollar rallies on debt deal, but downside risks seen Reuters LONDON, Aug 1 (Reuters) - The dollar rallied against the yen and the Swiss franc on Monday as investors unwound safe-haven plays on expectations US lawmakers would pass a deal to raise the country's borrowing limit, averting the risk ... Yen and Swiss franc pull back from record levelsFinancial Times Switzerlaned's Franc Weakens Versus Euro, Dollar on U.S. Debt-Ceiling DealBloomberg Dollar Gains on U.S. Debt DealWall Street Journal MarketWatch -San Francisco Chronicle -World Radio Switzerland all 73 news articles »         Stocks set to advance on debt deal - CNN August 1, 2011 at 6:26 AM   Daily Mail Stocks set to advance on debt deal CNN By CNNMoney staff August 1, 2011: 6:22 AM ET NEW YORK (CNNMoney) -- US stocks were poised for a higher open Monday, after President Obama and congressional leaders struck a deal to raise the debt ceiling and cut federal spending, calming investor fears ... Deal in sight, global markets look up to Mondaymsnbc.com Deal in sight, global markets look up to MondayNevada Appeal Markets continue to soar after debt dealPolitico CNBC.com -Morningstar.com -Forbes (blog) all 660 news articles »         Foxconn to Rely More on Robots for Manufacturing - PCWorld August 1, 2011 at 6:22 AM   Afterdawn.com Foxconn to Rely More on Robots for Manufacturing PCWorld Foxconn, the maker of Apple's iPhone and iPad, plans to rely more on robots for manufacturing over the coming years, allowing the company to invest more in research and development and save on labor costs. ... Foxconn plans to use 1 million robots in 3 yearsReuters Foxconn plans to use 1 million robotsReuters India Foxconn looks to use robots to replace a million human workersSlashGear The Atlantic -Fast Company all 100 news articles »             This email was sent to tuyetandmarketing.acne-treatment@blogger.com. 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