China's Trade Surplus Narrows Posted: 09 Dec 2010 07:24 PM PST China's trade surplus narrowed in November from October, but beat forecasts by economists, adding to rising inflationary pressures. |
Brazil Economy Slows in Third Quarter Posted: 09 Dec 2010 04:49 PM PST Brazil's pace of growth eased from earlier this year, an indication that interest-rate hikes and the expiration of tax cuts are working their way through the broader economy. |
Asia Mixed as China Eyed Posted: 09 Dec 2010 06:51 PM PST Asian stock markets were mixed, with many investors on the sidelines amid heightened speculation of an imminent rate hike from Beijing. The Nikkei fell 0.5%. |
Borders Loss Widens as Sales Drop Posted: 09 Dec 2010 05:33 PM PST Borders's fiscal third-quarter loss widened sharply as the bookseller's sales continued to slide and margins declined. |
Beckman Coulter Up for Sale Posted: 09 Dec 2010 04:59 PM PST Beckman Coulter, which makes diagnostic instruments used in clinical testing, has put itself on the block and could fetch more than $5 billion in a sale. |
Roark to Purchase Atkins Diet Company Posted: 09 Dec 2010 05:16 PM PST Atkins Nutritional Holdings Inc., the company behind the low-carbohydrate Atkins diet that has drawn both devotees and derision, is being sold to private-equity firm Roark Capital Group. |
Pfizer's New CEO Challenged Overseas Posted: 09 Dec 2010 05:02 PM PST Just a few days into the reign of Pfizer's new CEO Ian Read, several events are creating challenges in fast-growing emerging markets—an area vital to the drug giant's future as it faces the loss of its top-selling product |
BofA Restarts Some Foreclosures Posted: 09 Dec 2010 04:57 PM PST Bank of America said it restarted 16,000 foreclosure cases across the U.S. on Monday. |
World Trade Center Bond Offer Delayed Posted: 09 Dec 2010 05:17 PM PST Facing a choppy municipal-bond market, the developer of three office towers at the World Trade Center decided Thursday to pull back on a scheduled $1.3 billion bond sale. |
Repeal of Gay Ban Defeated in Senate Posted: 09 Dec 2010 05:59 PM PST Senate Republicans blocked an effort to allow gays to serve openly in the military, leaving the drive to repeal the "don't ask, don't tell" policy in considerable doubt. |
Community Health Makes Bid for Tenet Posted: 09 Dec 2010 04:39 PM PST Hospital chain Community Health Systems made a $3.3 billion unsolicited offer for smaller rival Tenet Healthcare. |
U.K. Vote on Student Fees Sparks Protests Posted: 09 Dec 2010 04:29 PM PST The U.K.'s coalition government narrowly won a vote to raise the cap on tuition fees, against a backdrop of large-scale and sometimes tense student protests outside Parliament. A car carrying Prince Charles was attacked by protesters. |
Probes Lead Bank to Reconsider 'Expert' Unit Posted: 09 Dec 2010 04:48 PM PST An investment bank's pioneering "expert network" business linking doctors to hedge funds could shut down next year amid heightened government scrutiny of the industry, according to a firm executive. |
How the Fed's Crisis Aid Got Tested Posted: 09 Dec 2010 07:19 PM PST The same Fed liquidity-injection program that helped borrowers from General Electric to Harley-Davidson during the financial crisis revived an obscure investment vehicle that was shut out of the commercial-paper market long before the program was launched. |
FAA Steps Up Boeing Checks Posted: 09 Dec 2010 05:11 PM PST Aviation regulators are poised to order stepped-up inspections of more than 600 Boeing 757 jetliners, prompted by a recent in-flight incident that left roughly a one-foot hole in the fuselage of an American Airlines plane. |
Carlyle Jumps In Off the Sidelines Posted: 09 Dec 2010 04:36 PM PST As other private-equity players fret about high takeover prices and a weak economy, Carlyle is in the midst of one of the biggest deal splurges in its 23-year history. |
J&J Recalls Rolaids Posted: 09 Dec 2010 03:05 PM PST Johnson & Johnson recalled more than 13 million packages of Rolaids after consumers complained of finding metal and wood particles in the heartburn product. |
China Property Prices Continue to Rise Posted: 09 Dec 2010 03:42 PM PST Property prices in 70 of China's large and medium-sized cities rose 0.3% in November from the previous month, the third consecutive monthly rise. |
AFL-CIO, Steelworkers Oppose Korea Trade Deal Posted: 09 Dec 2010 04:07 PM PST The AFL-CIO and United Steelworkers Thursday said they oppose a proposed U.S.-South Korea trade pact, despite new provisions negotiated by the Obama administration to protect U.S. auto workers. |
Democrats 'Say No' in Symbolic Tax Vote Posted: 09 Dec 2010 06:55 PM PST House Democrats held an unusual vote within their caucus to demand changes in the tax-cut deal struck by Obama and Republican lawmakers. |