Business and Finance News
Eurotunnel results show a profit
Pittsburgh News.Net
Eurotunnel has announced a profit of 1.4 million euros for last year, despite the weather, a fire in the tunnel and poor economic conditions.
 Iceland votes not to hold referendum
Pittsburgh News.Net
Icelanders have voted overwhelmingly against a referendum to allow taxpayers money to be used to repay international debts.
 U.S. stocks creep higher
Pittsburgh News.Net
U.S. stocks made narrow advances Tuesday, as traders remained cautious on the economy.
 Chinese passenger cars in strong demand
Pittsburgh News.Net
Chinese passenger car sales have climbed 55 percent from February 2009, with strong demand for smaller cars and four wheel drive vehicles.
 Food prices in 2050 will be shocking
Pittsburgh News.Net
The head of the UN Food and Agriculture Organisation has warned another food price crisis might happen if record high energy prices, growing demand for bio-fuels and low grain reserves force up price benchmarks.
US rate rise inevitable
Pittsburgh News.Net
Economists in Washington have suggested the Federal Reserve will soon raise benchmark interest rates.
US stocks gain on financial firms
Pittsburgh News.Net
Major US stock indices posted mild gains Tuesday, led by troubled financial firms bailed out by the US government in the past year.
Star Tribune names new advertising chief
Star Tribune
The Star Tribune has named Jeff Griffing as its new head of print and digital advertising. Griffing, 45, who currently is sales vice president and publisher of Time Inc.'s Sports Illustrated Group in...
CEO pay watch: Life Time Fitness' Akradi: $2.3 million
Star Tribune
Note: In 2008 Akradi elected to forgo a salary and take nearly all of his compensation in restricted stock, in part as a show of faith in the company's fortunes. Life Time's sales and earnings have in...
Stocks end day with small gains
Star Tribune
NEW YORK - U.S. stocks ended with a slight gain Tuesday after being whipsawed by bets in the financial sector and a rally in telecommunications, which benefited from Cisco Systems Inc.'s unveiling of ...
US stocks gain on financial firms
New Kerala
New York, March 10 : Major US stock indices posted mild gains Tuesday, led by troubled financial firms bailed out by the US government in the past year.
US stocks gain on financial firms
Sify
Major US stock indices posted mild gains Tuesday, led by troubled financial firms bailed out by the US government in the past year. Boeing, General Electric, AT&T and United Technologies also ...
Toyota recalling all 2000 to 2003 Tundras
MSNBC
DETROIT - Toyota said on Tuesday it would fix all Tundra pickups sold in the United States for the 2000 to 2003 model years to address a risk that part of the truck's frame could corrode, causing spar...
Gas prices’ run likely won’t top $3 a gallon
MSNBC
Each spring brings a familiar ritual in gasoline markets — rising prices — and this year won't be an exception. But motorists aren't likely to pay much more than $3 a gallon, on average, during th...
UK bank fraud 'moves to internet'
BBC
Fraudsters are continuing their switch from traditional card fraud to raiding online bank accounts, according to new research.Fraud losses on UK credit and debit cards totalled £440m in 2009 - a...
Japanese Wholesale Prices Rise 0.1% In February
Fox Business
LOS ANGELES -- Japan's corporate goods price index rose 0.1% in February from the month before, the Bank of Japan reported Wednesday. Compared to a year earlier, the CGPI measure of wholesale prices ...
Japan's Core Machinery Orders Down 3.7% In January
Fox Business
LOS ANGELES -- Japan's closely watched core machinery orders data showed a 3.7% drop in January, according to the Cabinet Office. The result matched analysts' average expectations, according to Dow J...
Cavuto: Our Big Fat Greek Mess
Fox Business
Missed Tuesday's Cavuto? Catch "The Deal" right here on FOXBusiness.com The Greeks. Coming to us. For financial advice. Here's the deal. "My Big Fat Greek wedding" is now "Our Big Fat Greek Mess." ...
Australian Shares Move Higher As Financials Gain
Fox Business
LOS ANGELES -- Australian shares gained in early Wednesday trading, helped by financial stocks tracking an advance by their U.S. peers overnight. The S&P/ASX 200 pulled higher by 0.4% to 4,837.1, wit...
NYSE Short Interest Drops, First Time Since Dec.
Fox Business
SAN FRANCISCO -- The NYSE Group Inc. said late Tuesday that short interest decreased to 13.8 billion shares at the end of Feb. 26 from 13.99 billion shares at the end of Feb. 12. A short sale is a be...
Senators to seek wider "Volcker rule"
Reuters
WASHINGTON (Reuters) - Two Senate Democrats said they will propose on Wednesday placing new limits on proprietary trading by banks and nonbank financial firms, widening the 'Volcker rule' backed by th...
Greece says G20 to review financial speculation
Reuters
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Bailed-out U.S. financial stocks surge
Reuters
(Reuters) - The shares of companies bailed out by the U.S. government during the financial crisis surged on Tuesday, fueled by speculation about money-making asset sales, cheap valuations and a recove...
Toyota to fix more Tundras for rust problems
Reuters
DETROIT (Reuters) - Toyota said on Tuesday it would fix all Tundra pickups sold in the United States for the 2000 to 2003 model years to address a risk that part of the truck's frame could corrode, ca...
Goldman seeks leave to appeal Shaw ruling
Financial Post
Goldman Sachs Group Inc. is seeking leave to appeal a lower court's ruling to approve a bid by Shaw Communications Inc. to purchase a controlling interest in Canwest Global Communications Corp. allegi...
Air Canada, Emirates war of words escalates
Financial Post
The fight to limit Emirates Airline's access to the Canadian market escalated Tuesday with Calin Rovinescu, Air Canada's chief executive, accusing the UAE airline of telling "fairy tales" about the ec...
Video: Prius Driver's Frantic 911 Call
CBS News
Toyota Prius driver Jim Sikes frantically called 911 when his car speed out of control on a stretch of San Diego highway. Ben Tracy reports the U.S. government wants to know what happened.
Video: Where America Stands: Green Energy
CBS News
China and the U.S. are fighting to lead the world in green energy technology, but China is way ahead. Celia Hatton reports on what the U.S. needs to do to keep up.
Video: Stock Market Scares Investors
CBS News
Exactly a year ago, stocks hit a 12-year low, dealing a 401-K-O to a lot of retirement accounts. As Anthony Mason reports, after a remarkable comeback, millions of investors missed out.
Despite Rally, Investors Stay on Sidelines
CBS News
The Dow Jones Industrial Average has risen 61 percent since hitting a 12-year-low a year ago, but most individual investors have kept their money on the sidelines since witnessing the economy's near-d...
Earnings: Advocat refocusing amid falling profits
Nashville Business Journal
Higher occupancy rates helped push revenue to $76.1 million for the fourth quarter, an increase of 2.9 percent over the same period a year earlier. But a 1 percent cut in Medicare rates that took effe...
ICF International's 4Q Net Ticks Higher
ABCNews
ICF International Inc.'s quarterly profit ticked higher as the company benefited from a lower tax rate and higher revenue from its consulting and technology services. The company's forecast for the...
Wintrust Financial Closes $182.9M Stock Offering
ABCNews
Wintrust Financial Corp., which operates community bank subsidiaries, said Tuesday it sold 5.8 million shares in a public offering that netted about $182.9 million. The stock offering was first ann...
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