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Wednesday, August 3, 2011

8/3 Business - Google News

     
    Business - Google News    
   
Standard Chartered Forecasts Eighth Year of Record Income - Bloomberg
August 3, 2011 at 6:02 AM
 

BBC News

Standard Chartered Forecasts Eighth Year of Record Income
Bloomberg
Net income climbed 19 percent to $2.57 billion for the six months ended June 30 from a year earlier. Net income climbed 19 percent to $2.57 billion for the six months ended June 30 from a ...
StanChart makes record profit, weathers India slumpReuters
No Chinese Bubble, Says Standard Chartered CEOCNBC.com
StanChart first-half profits beat forecastsFinancial Times
Wall Street Journal -Hindu Business Line -AFP
all 117 news articles »
   
   
Democrats, credit rating sore after debt deal compromise - Toledo On The Move
August 3, 2011 at 5:58 AM
 

CBC.ca

Democrats, credit rating sore after debt deal compromise
Toledo On The Move
Obama is feeling the heat from Democratic lawmakers upset with the debt deal. / AP photo WASHINGTON -- Major credit rating agencies might still have US debt at their highest "AAA" category following the last-minute passage of ...
Business Daily - US credit ratingBBC News
AAA rating not all it used to beBoston Globe
AAA Rating Is a Rarity in BusinessNew York Times
USA Today -Detroit Free Press -Bloomberg
all 1,770 news articles »
   
   
SNB Cuts Rate To Zero To Counter Franc Strength - Wall Street Journal
August 3, 2011 at 5:58 AM
 

The Guardian

SNB Cuts Rate To Zero To Counter Franc Strength
Wall Street Journal
ZURICH (Dow Jones)--Switzerland's central bank Wednesday trimmed its key three-month Libor rate target to as close to zero as possible in an effort to stem investor demand for a "massively overvalued" Swiss franc. ...
Norway's Krone Strengthens as Swiss Seek to Weaken FrancBusinessWeek
SNB cuts rates to counter steep Swiss franc riseReuters
Swiss Central Bank Takes Surprise Action to Weaken FrancNew York Times
Bloomberg -MarketWatch -The Guardian
all 123 news articles »
   
   
Toyota posts profit of $14 million - South Bend Tribune
August 3, 2011 at 5:55 AM
 

Reuters

Toyota posts profit of $14 million
South Bend Tribune
TOKYO -- Toyota eked out a $14 million quarterly profit and raised its annual earnings forecast Tuesday as it mounts a comeback from the devastation of the earthquake and tsunami in northeastern Japan. Still, April-June profit for Toyota Motor Corp. ...
Auto industry uneasy after weak JulyBoston Globe
Auto sales are sluggish in July but inch up slightlyLos Angeles Times
Results are mixed as automakers report salesHouston Chronicle
Detroit Free Press -Bloomberg -Reuters
all 1,349 news articles »
   
   
US stock futures signal bounce after sell-off - Reuters Africa
August 3, 2011 at 5:54 AM
 

Reuters

US stock futures signal bounce after sell-off
Reuters Africa
* US stock index futures pointed to a higher open on Wall Street on Wednesday following the previous session's sharp sell-off, with futures for the S&P 500 up 0.51 percent, Dow Jones futures up 0.34 percent and Nasdaq 100 futures up 0.54 percent at ...
U.S. Stock-Index Futures Climb; Benchmark S&P 500 May Snap Seven-Day SlideBloomberg
Stocks plummet as debt deal fails to trump economic woesistockAnalyst.com (press release)
Investors fear new economic downturnLos Angeles Times
Wall Street Journal -The Associated Press
all 1,931 news articles »
   
   
Italy's Biggest Bank Grapples With 'Reprobate' Prime Minister - CNBC.com
August 3, 2011 at 4:53 AM
 

ABC News

Italy's Biggest Bank Grapples With 'Reprobate' Prime Minister
CNBC.com
In an interview with CNBC at the end of May the boss of Unicredit, Federico Ghizzoni, played down fears over Italian government debt and claimed his country's problem was not a huge external debt but a lack of growth. "I think that the real problem of ...
Italy begins crisis talks with EUBBC News
Italian Borrowing Rates Hit New HighABC News
Italian borrowing rates hit new highCBS MoneyWatch.com
Reuters -Wall Street Journal -New York Times
all 222 news articles »
   
   
High radiation still plaguing Japan plant - Boston Globe
August 3, 2011 at 4:53 AM
 

Reuters Africa

High radiation still plaguing Japan plant
Boston Globe
AP / August 3, 2011 TOKYO — Tokyo Electric Power Co. reported its second deadly radiation reading in as many days yesterday at its wrecked Fukushima nuclear plant north of Tokyo. The utility said it detected 5 sieverts of radiation per hour in the No. ...
Japan to announce new nuclear watchdogReuters
Tepco Reports Second Deadly Radiation Reading at FukushimaBloomberg
Japan closer to nuclear pay-outTimes LIVE
Wall Street Journal -New York Times -AFP
all 420 news articles »
   
   
China urges US to handle debt responsibly - Atlanta Journal Constitution
August 3, 2011 at 3:46 AM
 

Financial Times (blog)

China urges US to handle debt responsibly
Atlanta Journal Constitution
AP BEIJING — China's central bank governor urged Washington to handle its debt responsibly, warning Wednesday that uncertainty in the market for Treasury debt might harm a global economic recovery. China is the biggest foreign owner of ...
China calls on US to manage its debt 'responsibly' from now onThe Guardian
China warns of choppy Treasury market, urges US to deal with debt issueReuters
China Unenthused Over US Debt DealRTT News
Inventorspot -Wall Street Journal -San Francisco Chronicle
all 533 news articles »
   
   
Budget-Cut Panel Assignments Have Congressmen in Rare State of Being Demur - Bloomberg
August 3, 2011 at 3:12 AM
 

Los Angeles Times

Budget-Cut Panel Assignments Have Congressmen in Rare State of Being Demur
Bloomberg
Aug. 2 (Bloomberg) -- Sean Egan, president of Egan-Jones Ratings Co., Lawrence White, economics professor at New York University's Stern School of Business, and Bloomberg News reporter ...
Debt ceiling deal ignores real driver of deficits: healthcare costsLos Angeles Times
Lawmakers in Both Parties Fear That New Budget Panel Will Erode AuthorityNew York Times
Dems Preparing to Renew Push for Revenue Increases on Proposed Deficit PanelFox News
North Platte Bulletin -NASDAQ -Wall Street Journal
all 87 news articles »
   
   
US keeps bond rating, but Moody's assigns negative outlook - Detroit Free Press
August 3, 2011 at 3:05 AM
 

Globe and Mail

US keeps bond rating, but Moody's assigns negative outlook
Detroit Free Press
Moody's Investors Service said Tuesday evening that the US will retain its AAA bond rating following passage of legislation to boost the debt ceiling. However, the rating agency said it is lowering the outlook for possible future changes to negative. ...
Ratings agency mulls US downgradeBBC News
AAA Rating Is a Rarity in BusinessNew York Times
US credit rating still at risk if ratings firms unappeasedUSA Today
Bloomberg -Reuters -Investor's Business Daily
all 1,649 news articles »
   
   
Colorado plans disclosure rules for fracking fluids by end of year - Denver Post
August 3, 2011 at 3:02 AM
 

Colorado plans disclosure rules for fracking fluids by end of year
Denver Post
Colorado is aiming to join the growing number of states requiring the disclosure of chemicals used in the fracking process by the oil and gas industry, Gov. John Hickenlooper said Tuesday. Hickenlooper, speaking at the Colorado Oil and ...
Hickenlooper: Expect fracking-ingredients ruleDenver Business Journal
Governor announces fracking fluid plansThe Durango Herald
Colorado announces water-sampling effort to fight fracking fearsPlatts
The Colorado Independent -FuelFix (blog) -Huffington Post
all 46 news articles »
   
   
EURO GOVT-Bunds rally on growth and debt worries - Reuters
August 3, 2011 at 3:02 AM
 

Moneycontrol.com

EURO GOVT-Bunds rally on growth and debt worries
Reuters
LONDON Aug 3 (Reuters) - German government bonds opened higher on Wednesday, supported by the dreary outlook for global growth which increased pressure on Spain and particularly Italy, as the euro zone debt crisis intensified. ...
Italy now under fire in eurozone crisisMontreal Gazette
Spain Is No Longer Master of Its Economic DestinyWall Street Journal
Italy, Spain 10-Year Bond Spreads Reach Euro-Era Record on Growth ConcernBloomberg
New York Times -DAWN.com -Telegraph.co.uk
all 665 news articles »
   
   
Societe Generale May Miss Target After Net Falls on Greece - Bloomberg
August 3, 2011 at 3:01 AM
 

BBC News

Societe Generale May Miss Target After Net Falls on Greece
Bloomberg
The Societe Generale SA company logo is seen outside the banks headquarters in Paris, France. The Societe Generale SA company logo is seen outside the banks headquarters in Paris, France. ...
Societe Generale profits hit by Greek debt writedownBBC News
Societe Generale Q2 Profit Drops On Greece Write-downRTT News
Societe Generale profit falls as Greece takes tollReuters
Interactive Investor -Herald Sun
all 55 news articles »
   
   
Results are mixed as automakers report sales - Houston Chronicle
August 3, 2011 at 1:32 AM
 

Reuters

Results are mixed as automakers report sales
Houston Chronicle
SAN ANTONIO — High gasoline prices, scarcity of some vehicles and consumers' unease translated to less than robust sales for many automakers in July, analysts said Tuesday. While GM, Ford and Chrysler showed gains, sales for Japanese ...
Chrysler leads Detroit automakers in July sales bumpThe Detroit News
"New era" of higher income car buyers: Ford executiveReuters
Hyundai, Kia U.S. Sales Surge as Honda's Inventory Woes LingerBloomberg
New York Times -CNNMoney -Wall Street Journal
all 304 news articles »
   
   
Marathon Oil Corp. may part with more assets - Houston Chronicle
August 3, 2011 at 1:32 AM
 

CSP Daily News

Marathon Oil Corp. may part with more assets
Houston Chronicle
Fresh from spinning off its refining arm, newly independent exploration and production company Marathon Oil Corp. may consider divesting additional assets as it pursues aggressive growth plans in coming years, CEO Clarence Cazalot said ...
MPC 'Optimistic' on GrowthCSP Daily News
Marathon Petroleum Profit Rises on Midwest Refining MarginBloomberg
Marathon Oil 2Q profits jump 41 pctBusinessWeek
Wall Street Journal -MarketWatch -Forbes
all 121 news articles »
   
   
Oil near $93 as weak US economy drags markets down - Economic Times
August 3, 2011 at 1:17 AM
 

Moneycontrol.com

Oil near $93 as weak US economy drags markets down
Economic Times
SINGAPORE: Oil prices fell to near $93 a barrel Wednesday in Asia as investor pessimism about US economic growth dragged down global markets. Benchmark oil for September delivery was down 39 cents to $93.40 a barrel at midday Singapore time in ...
Oil Slides a Fourth Day as US Spending Drops, Moody's Warns of DowngradeBloomberg
Crude drops under $94Houston Chronicle
U.S. cash crudes - Grades gain as arb blows outReuters
TheStreet.com -Wall Street Journal -MarketWatch
all 855 news articles »
   
   
Stocks on long losing streak as economy weakens - NewsOK.com
August 3, 2011 at 1:11 AM
 

Globe and Mail (blog)

Stocks on long losing streak as economy weakens
NewsOK.com
The stock market is on its longest losing streak since the financial meltdown of 2008, confronted almost every day by fresh evidence that the economy is in serious trouble again. BY MARTIN CRUTSINGER Leave a comment WASHINGTON — The stock market is on ...
Investors fear new economic downturnLos Angeles Times
S&P turns negative for 2011Washington Post
Stocks now down for Year as Economic Concerns GrowWBEN 930
ABC News -MarketWatch -Wall Street Journal
all 1,893 news articles »
   
   
Dagong Chinese Rating Agency Downgrades US Debt Despite Debt Deal - Eurasia Review
August 3, 2011 at 1:09 AM
 

CNN International

Dagong Chinese Rating Agency Downgrades US Debt Despite Debt Deal
Eurasia Review
China's leading debt rating agency Dagong Global Credit Rating Co., Inc. has downgraded its US credit rating. According to Dagon, despite the US Congress approving the bill to raising the debt ceiling of the government, which enables the government to ...
China's Dagong Cuts U.S. Credit Rating to Same Level as RussiaSan Francisco Chronicle
Chinese agency downgrades US credit ratingBoston Globe
Chinese Agency Downgrades US Credit RatingWPTZ The Champlain Valley
CNBC.com -Xinhua
all 260 news articles »
   
   
Cruze slips to 2nd in sales - Warren Tribune Chronicle
August 3, 2011 at 12:51 AM
 

CBC.ca

Cruze slips to 2nd in sales
Warren Tribune Chronicle
LORDSTOWN - The Lordstown-built Chevrolet Cruze in July lost its one-month title of best-selling car in America but still set the pace for General Motors Co. cars at a time when signs of weaker consumer confidence is rattling industry leaders. ...
Sales of Chevrolet Cruze show no sign of stalling anytime soonYoungstown Vindicator
Summary Box: US auto sales eke out 1 percent riseSacramento Bee
GM July US Sales Up 7.6% On Higher Car, Crossover SalesWall Street Journal
USA Today -TheStreet.com
all 202 news articles »
   
   
Tepco Reports Second Deadly Radiation Reading at Fukushima - Bloomberg
August 3, 2011 at 12:48 AM
 

Telegraph.co.uk

Tepco Reports Second Deadly Radiation Reading at Fukushima
Bloomberg
A handout photograph shows a gamma camera image of an area around the main exhaust stuck of Unit 1 and 2 at Tokyo Electric Power Co.'s (Tepco) Fukushima Dai-Ichi nuclear power station ...
Japan law creates body to pay nuclear victimsAFP
Tepco Compensation Plan Passes Japan ParliamentWall Street Journal
Tepco Compensation Support Plan Passes Japan ParliamentFox Business
BBC News -New York Times -Hindu Business Line
all 334 news articles »
   
   
Asian Stocks Drop Most Since March Amid US Economy Pessimism - Bloomberg
August 3, 2011 at 12:37 AM
 

Reuters

Asian Stocks Drop Most Since March Amid US Economy Pessimism
Bloomberg
Asian stocks fell, poised for the biggest two-day drop since March, as exporters tumbled after rating agencies warned the US may be downgraded and an unexpected decline in consumer spending increased concern ...
Asian stocks slump on fresh global economy fearsAFP
Asian stocks fall amid dim US economy prospectsSeattle Post Intelligencer
Asian stocks fall amid dim US economy prospectsThe Herald | HeraldOnline.com
Sydney Morning Herald -Reuters
all 205 news articles »
   
   
Stocks plunge, S&P goes negative - CNN International
August 3, 2011 at 12:10 AM
 

New York Daily News

Stocks plunge, S&P goes negative
CNN International
NEW YORK (CNNMoney) -- US stocks plunged on Tuesday as fears about a weak US economy were enflamed after investors got another disappointing economic report - this time on consumer spending. ...
S&P 500 Percentage of Stocks Above 50-Day AveragesSeeking Alpha
What To Do With Stock Weakness?Benzinga
Dow drops 266 points, pushes market into negative; S&P 500 hit with longest ...New York Daily News
Investing Daily -RTT News -Zacks.com
all 105 news articles »
   
   
Saudi prince developing world's tallest building - San Francisco Chronicle
August 2, 2011 at 11:28 PM
 

Reuters

Saudi prince developing world's tallest building
San Francisco Chronicle
That's the minimum height - 1000 meters - of a new skyscraper that billionaire Prince Alwaleed bin Talal is developing in Jiddah, Saudi Arabia. He's hired Saudi Binladin Group, owned by Osama bin Laden's family, to construct what will become the ...
Saudi Arabia plans to build world's tallest skyscraperKansas City Star
Saudi Set for World's Tallest TowerWall Street Journal
Chicago firm's design towers over the restChicago Tribune
Financial Times -Bloomberg -The Guardian
all 366 news articles »
   
   
Moody's Affirms US Rating, Warns of Downgrades - Bloomberg
August 2, 2011 at 10:53 PM
 

Globe and Mail

Moody's Affirms US Rating, Warns of Downgrades
Bloomberg
Aug. 3 (Bloomberg) -- Bret Barker, a portfolio manager at Los Angeles-based TCW Group Inc., talks about the implications of raising the US debt limit for the country's credit rating and Treasuries. ...
Concerns persist that credit rating of US will slideKansas City Star
Moody's backs US triple-A rating; outlook negativeLompoc Record
AAA Rating Is a Rarity in BusinessNew York Times
NewsOK.com -Charlotte Observer -USA Today
all 1,597 news articles »
   
   
Investors fear new economic downturn - Los Angeles Times
August 2, 2011 at 10:37 PM
 

Globe and Mail (blog)

Investors fear new economic downturn
Los Angeles Times
Stock prices plummet despite the debt ceiling deal. Analysts say the prospect of even modest federal budget cuts in an anemic economy is spooking markets. Traders work on the floor of the New York Stock Exchange. A cascade of selling knocked the Dow ...
Stocks on long losing streak as economy weakensNewsOK.com
Stocks now down for Year as Economic Concerns GrowWBEN 930
Exxon, Chevron knocked down in energy stock dropMarketWatch
TheStreet.com -Wall Street Journal -The Associated Press
all 1,838 news articles »
   
   
Debt crisis to be focus in UniCredit results - Reuters
August 2, 2011 at 10:25 PM
 

BBC News

Debt crisis to be focus in UniCredit results
Reuters
MILAN, Aug 3 (Reuters) - Investors will look past UniCredit SpA's expected higher second-quarter net profit on Thursday to focus on the reaction of Italy's biggest bank to the sovereign debt crisis it and other lenders are enduring. ...
Spain Is No Longer Master of Its Economic DestinyWall Street Journal
Spain and Italy rush to quell fresh crisisFinancial Times
Italy, Spain 10-Year Bond Spreads Reach Euro-Era Record on Growth ConcernBloomberg
New York Times -Telegraph.co.uk -Los Angeles Times
all 659 news articles »
   
   
China Rating Agency Cuts US Rating Further - CNBC.com
August 2, 2011 at 10:11 PM
 

CNN International

China Rating Agency Cuts US Rating Further
CNBC.com
China's Dagong Global Credit Rating has cut its credit rating on US sovereign debt to A from A+, Chen Jialin, general manager of the international department at the firm confirmed to CNBC on Wednesday. According to Xinhua, Dagong's decision was based ...
Chinese agency downgrades U.S. credit ratingCNN International
Chinese agency cuts U.S. debt rating againMarketWatch
Chinese rating agency downgrades US credit rating after debt limit increaseXinhua
Reuters
all 212 news articles »
   
   
Chicago firm's design towers over the rest - Chicago Tribune
August 2, 2011 at 9:36 PM
 

Reuters

Chicago firm's design towers over the rest
Chicago Tribune
The competition to design a new skyscraper in Saudi Arabia had a simple but lofty rule: The tower had to be the world's first kilometer-tall building. The design submitted by Chicago architects Adrian Smith and Gordon ...
Saudi Set for World's Tallest TowerWall Street Journal
Saudi Arabia plans world's tallest skyscraperFinancial Times
Alwaleed's Kingdom Signs Deal With Binladin to Build World's Tallest TowerBloomberg
The Guardian -NEWS.com.au -Bangladesh News 24 hours
all 351 news articles »
   
   
Auto sales are sluggish in July but inch up slightly - Los Angeles Times
August 2, 2011 at 8:51 PM
 

CTV.ca

Auto sales are sluggish in July but inch up slightly
Los Angeles Times
US carmakers General Motors, Ford and Chrysler showed increases compared with a year earlier. Japanese manufacturers had a rockier month, with Toyota, Honda and Subaru sales sliding. Assembly line worker Edward Houie moves a door into position for a ...
Toyota down 22.7%, Honda off 28% -- Nissan, Kia upUSA Today
Overall US auto sales picked up in JulyMinneapolis Star Tribune
Despite Rising US Sales, Automakers Are StrugglingNew York Times
Bloomberg -Moneycontrol.com -AutoTalk
all 758 news articles »
   
   
Crude drops under $94 - Houston Chronicle
August 2, 2011 at 8:46 PM
 

MiamiHerald.com

Crude drops under $94
Houston Chronicle
AP NEW YORK — Oil settled below $94 per barrel Tuesday as investors continued to worry about weak consumer spending and sluggish economic growth. Benchmark West Texas Intermediate crude for September delivery lost $1.10 to settle at $93.79 per barrel ...
Oil Slides a Fourth Day as US Spending Drops, Moody's Warns of DowngradeBloomberg
U.S. cash crudes - Grades gain as arb blows outReuters
Oil Prices Sink on Weak OutlookTheStreet.com
MarketWatch -Wall Street Journal -Inquirer.net
all 853 news articles »
   
   
Gold hits record as focus turns to weak global economy - Reuters
August 2, 2011 at 8:30 PM
 

Reuters India

Gold hits record as focus turns to weak global economy
Reuters
SINGAPORE (Reuters) - Gold surged to a fresh record high on Wednesday as investors sought a safe haven in the face of a fragile global economy and mounting financial market pressure on Italy in the euro zone's widening debt crisis. ...
PRECIOUS METALS: Gold At Record As Focus Shifts To Growth WorryWall Street Journal
Gold Prices Spike on Safe-Haven Appeal, South Korea BuyTheStreet.com
Sector Snap: Gold miners up on higher gold pricesBusinessWeek
Reuters India -Los Angeles Times -Bloomberg
all 304 news articles »
   
   
Economic Fears Hit Global Markets - Wall Street Journal
August 2, 2011 at 8:17 PM
 

BBC News

Economic Fears Hit Global Markets
Wall Street Journal
Worries about the global economy rippled through financial markets on Tuesday, driving down share prices from Tokyo to New York and placing new strains on Spanish and Italian bonds. Concerns that have been building ...
Spain, Italy Grapple with DebtMarketWatch
Spain and Italy rush to quell fresh crisisFinancial Times
Italy, Spain 10-Year Bond Spreads Reach Euro-Era Record on Growth ConcernBloomberg
New York Times -Reuters -Telegraph.co.uk
all 541 news articles »
   
   
US credit rating still at risk if ratings firms unappeased - USA Today
August 2, 2011 at 8:08 PM
 

Globe and Mail

US credit rating still at risk if ratings firms unappeased
USA Today
With the debt ceiling raised and a deficit-reduction plan in place, one remaining shoe to drop in the debt saga playing out in the nation's capital could be a downgrade of the US credit rating. By Jacquelyn Martin, AP By ...
AAA Rating Is a Rarity in BusinessNew York Times
US rating maintained by Moody's, Fitch; S&P in focusReuters India
Moody's and Fitch keep US triple-A credit rating, but say outlook is negativeLos Angeles Times
Bloomberg -CNN
all 1,675 news articles »
   
   
US Airways to refund ticket taxes - AZ Central.com
August 2, 2011 at 7:56 PM
 

USA Today

US Airways to refund ticket taxes
AZ Central.com
On Tuesday, Tempe-based US Airways announced it will refund ticket taxes charged for travel during the Federal Aviation Administration's shutdown. US Airways' decision to refund ticket taxes follows a similar ...
Some airlines to help passengers get ticket tax refundsThe Seattle Times
Some fliers could benefit from FAA shutdownMarketWatch
Delta to process aviation tax refundsUSA Today
Accounting Today -Forbes -WALB-TV
all 148 news articles »
   
   
US Credit Rating Faces Downgrade - Bloomberg
August 2, 2011 at 7:55 PM
 

Globe and Mail

US Credit Rating Faces Downgrade
Bloomberg
Aug. 2 (Bloomberg) -- Jim Bianco, president of Bianco Research LLC, talks about the likelihood of a downgrade of the AAA rating of the US government's debt and its impact on the economy and financial markets. Bianco speaks with Adam Johnson and Carol ...
Moody's affirms AAA rating, lowers outlookCNN
US debt deal alone won't sustain AAA ratingThe Associated Press
US rating depends on economy, deficit: Moody'sCNBC.com
Houston Chronicle -Business Insider -Wall Street Journal
all 1,509 news articles »
   
   
Bin Ladens bid to build world's tallest tower - Sydney Morning Herald
August 2, 2011 at 7:53 PM
 

Globe and Mail

Bin Ladens bid to build world's tallest tower
Sydney Morning Herald
After one of their own destroyed what were once the world's tallest buildings, Saudi Arabia's bin Laden family is in the running to build the world's tallest tower. The Twin Towers of the World Trade Centre in New York, the world's tallest from 1971 to ...
Saudi Set for World's Tallest TowerWall Street Journal
Chicago architecture firm to design world's tallest towerChicago Tribune
Saudi Arabia to build world's tallest skyscraperThe Guardian
Financial Times -Bloomberg -ThirdAge
all 305 news articles »
   
   
Oil Declines as US Spending Slides, Moody's Warns of Downgrade - BusinessWeek
August 2, 2011 at 7:27 PM
 

MiamiHerald.com

Oil Declines as US Spending Slides, Moody's Warns of Downgrade
BusinessWeek
Aug. 3 (Bloomberg) -- Oil declined for a fourth day in New York, its longest losing streak since May, as investors bet that signs of a slowing US economy indicate fuel demand will falter in the world's biggest crude ...
Oil Declines for Fourth Day in New York After US Personal Spending DropsBloomberg
U.S. cash crudes - Grades gain as arb blows outReuters
Oil Prices Sink on Weak OutlookTheStreet.com
UPI.com -MarketWatch -Wall Street Journal
all 841 news articles »
   
   
Gold trades near record on US debt deal, Korean buy - Economic Times
August 2, 2011 at 7:13 PM
 

Moneycontrol.com

Gold trades near record on US debt deal, Korean buy
Economic Times
LONDON: Gold traded within sight of record highs on Tuesday after a last-minute deal to avoid an unprecedented US debt default and the first bullion purchase by Korea in 13 years, against a backdrop of growing economic pessimism. ...
PRECIOUS METALS: Gold At Record As Focus Shifts To Growth WorryWall Street Journal
Sector Snap: Gold miners up on higher gold pricesBusinessWeek
PRECIOUS-Gold slips on US debt deal reliefReuters
Bloomberg -TheStreet.com -The Guardian
all 295 news articles »
   
   
Wall Street tumbles despite debt deal agreement - Telegraph.co.uk
August 2, 2011 at 7:03 PM
 

Moneycontrol.com

Wall Street tumbles despite debt deal agreement
Telegraph.co.uk
Stock markets tumbled in a final frantic hour of trading on Wall Street as fears of a deepening economic slowdown on both sides of the Atlantic sent the Dow Jones Industrial Average on its worst run since the financial crisis. ...
Markets draw bead on Italy, SpainGlobe and Mail
Euro-Zone Worries Still Bog Down Commercial Paper MarketWall Street Journal
Eurocontagion SpreadsThe Atlantic
Bloomberg -Financial Times -The Guardian
all 622 news articles »
   
   
Exxon, Chevron knocked down in energy stock drop - MarketWatch
August 2, 2011 at 6:21 PM
 

Boston Globe

Exxon, Chevron knocked down in energy stock drop
MarketWatch
NEW YORK (MarketWatch) — Energy stocks moved lower with the broad equities market on Tuesday in the face of a 266-point drop in the Dow Jones Industrial Average, after Congress approved a new US debt ceiling. ...
Stocks now down for year as economic concerns growBusinessWeek
US STOCKS-Massive rout spells trouble for Wall StreetReuters
Wall Street, Arizona stocks take Tuesday beatingBizjournals.com
ABC News -Bloomberg -ThirdAge
all 1,996 news articles »
   
   
Stocks Fall on Concern Economic Growth Faltering; S&P Erases 2011 Gain - Bloomberg
August 2, 2011 at 5:22 PM
 

Boston Globe

Stocks Fall on Concern Economic Growth Faltering; S&P Erases 2011 Gain
Bloomberg
Aug. 2 (Bloomberg) -- Martin Feldstein, an economics professor at Harvard University, talks about the risk of the US economy slipping into a recession. Feldstein, speaking with Tom Keene on Bloomberg ...
US Stocks Close Sharply Lower, S&P 500 Hits 2011 LowWall Street Journal
Stock market tumbles again despite avoidance of US defaultLos Angeles Times (blog)
US stocks wipe out 2011 gainsSydney Morning Herald
Reuters -MiamiHerald.com -Pensions & Investments
all 1,340 news articles »
   
   
Stocks Fall on Concern Economic Growth Faltering; S&P Erases 2011 Gain - Bloomberg
August 2, 2011 at 5:22 PM
 

Kansas City Star

Stocks Fall on Concern Economic Growth Faltering; S&P Erases 2011 Gain
Bloomberg
Aug. 2 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the US equity market today. US stocks tumbled, erasing the 2011 gain for the Standard & Poor's 500 Index, ...
Stocks' losing streak is worst since 2008 crisisTampabay.com
Wall Street slips 2 amid economic worriesMoneycontrol.com
Exxon, Chevron knocked down in energy stock dropMarketWatch
The Associated Press -ABC News -BusinessWeek
all 1,994 news articles »
   
   
News Hub: World's Tallest Tower to Rise in Jeddah - MarketWatch
August 2, 2011 at 5:21 PM
 

The Guardian

News Hub: World's Tallest Tower to Rise in Jeddah
MarketWatch
Saudi Arabia's Kingdom Holding, run by billionaire Prince Alwaleed bin Talal, has signed a $1.23 billion deal with Bin Laden Group to build the world's tallest tower in Jeddah, which will soar 3281 feet. Summer Said has details from Saudi Arabia.
World's Tallest Skyscraper Set for Saudi ArabiaMyFox Atlanta
Chicago firm designing new tallest buildingChicago Sun-Times
Chicago Firm to Design World's Tallest TowerNBC Chicago
Popular Science -Wall Street Journal -Chicago Tribune
all 272 news articles »
   
   
Republic Airways, owner of Frontier, posts Q2 loss - Bizjournals.com
August 2, 2011 at 5:20 PM
 

USA Today

Republic Airways, owner of Frontier, posts Q2 loss
Bizjournals.com
Republic Airways Holdings Inc. , parent of Frontier Airlines, reported a $14.9 million net income loss for the second quarter of 2011 Tuesday, but officials predicted profitable third and fourth quarters as the company completes a restructuring program ...
Republic Airways Appoints VP-Human ResourcesMarketWatch (press release)
Republic Airways CEO Plans To Stick With FrontierWall Street Journal
Fares drop to $9 each way in 'Colorado Day' fare warUSA Today
The Republic -Indianapolis Star -Indianapolis Business Journal
all 77 news articles »
   
   
Ford, GM Expect Second-Half Gains - TheStreet.com
August 2, 2011 at 5:13 PM
 

Reuters

Ford, GM Expect Second-Half Gains
TheStreet.com
DETROIT (TheStreet) -- Two problems -- reduced inventories and sagging consumer confidence related partially to the debt ceiling debate -- held auto sales back in July. Nevertheless, the Detroit Three all saw sales ...
Chrysler leads Detroit automakers in July sales bumpThe Detroit News
Summary Box: US Auto Sales Eke out 1 Percent RiseABC News
US automakers post higher July salesSan Antonio Express
USA Today -Wall Street Journal -CNNMoney
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Your money in a AA-rated world - CNN
August 2, 2011 at 5:07 PM
 

Globe and Mail

Your money in a AA-rated world
CNN
Money Magazine -- Though you no longer have to worry about the havoc a debt-ceiling default could wreak on your finances, another threat lingers for Americans: The fallout from any future downgrade of US government debt. Both Moody's and Standard ...
US rating at risk of negative outlook: FitchReuters
Fitch: US debt deal alone won't sustain AAA ratingThe Associated Press
US Rating Safe ... For Now: FitchTheStreet.com
Wall Street Journal -Bloomberg -San Francisco Chronicle
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New distribution deals help CBS results - Reuters
August 2, 2011 at 5:01 PM
 

RTT News

New distribution deals help CBS results
Reuters
NEW YORK (Reuters) - CBS Corp said its quarterly profit and revenue rose sharply, reaping the benefits of new distribution deals and higher spending by advertisers on national television campaigns. CBS, whose namesake broadcast network ...
CBS Profit Jumps on Strong Licensing and Ad RevenueWall Street Journal
CBS Profit More Than Doubles on Rerun Sales, Fees From Cable TV OperatorsBloomberg
CBS Receives Boost From Content DealsTheStreet.com
CNBC.com -RTT News -MediaPost Publications
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PRECIOUS METALS: Gold At Record As Focus Shifts To Growth Worry - Wall Street Journal
August 2, 2011 at 4:42 PM
 

Moneycontrol.com

PRECIOUS METALS: Gold At Record As Focus Shifts To Growth Worry
Wall Street Journal
NEW YORK (Dow Jones)--Gold futures pushed to record highs Tuesday as concerns about a slowdown in global growth and Europe's debt crisis spurred investor demand for the metal as a refuge. US leaders Tuesday gave final ...
Gold Prices Spike on Safe-Haven Appeal, South Korea BuyTheStreet.com
Sector Snap: Gold miners up on higher gold pricesBusinessWeek
Gold soars to high on South Korea purchase, economic jittersLos Angeles Times
MarketWatch -Bloomberg -Reuters
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Obama signs debt-limit bill into law - Washington Post
August 2, 2011 at 4:31 PM
 

USA Today

Obama signs debt-limit bill into law
Washington Post
The Senate passed a landmark plan to raise the federal debt limit and reduce government spending Tuesday, ending a partisan stalemate that threatened to plunge the nation into default and destabilize ...
Analysis: Debt debate diminishes almost everyoneReuters
5 Ways the Debt Crisis Changed WashingtonThe Atlantic
Barack Obama hints at tax rises after US debt bill goes through SenateThe Guardian
ABC News -USA Today -Economic Times
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Market Erases 2011 Gains on Concern of Recession Return - Bloomberg
August 2, 2011 at 4:27 PM
 

MyFox Tampa Bay

Market Erases 2011 Gains on Concern of Recession Return
Bloomberg
Traders work on the floor of the New York Stock Exchange on Aug. 2, 2011. Photographer: Jin Lee/Bloomberg Aug. 2 (Bloomberg) -- Timothy Bitsberger, managing director at BNP Paribas and ...
Landmark Low Yields For Treasurys, Bunds, Gilts On Growth FearsWall Street Journal
US 2-year yields hit low; 30-yr yield below 4%MarketWatch
TREASURIES-Bonds soar for 4th straight day on economy worriesReuters
The Seattle Times -Washington Post -TheStreet.com
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