Business and Finance News
 Fund-poor schools close in Missouri
Philadelphia News.Net
In the US, the school board in Kansas City has decided to close 26 of the city's 59 public schools to keep the district afloat financially.
Forbes says Gates no longer the world's richest
Philadelphia News.Net
Mexican tycoon Carlos Slim is the world's richest person, knocking Microsoft founder Bill Gates into second spot, as the wealth of the world's billionaires grew by 50 per cent over the last year.
Hsbc: Data On 24,000 Swiss Account Holders Stolen
Seattle Post-Intelligencer
By FRANK JORDANSASSOCIATED PRESS WRITER GENEVA -- Information on 24,000 HSBC customers with Swiss accounts has been stolen, the British bank said Thursday, potentially exposing large numbers of int...
Eu Says Us Has Pressed It On Hedge Fund Rules
Seattle Post-Intelligencer
THE ASSOCIATED PRESS BRUSSELS -- The European Union's top finance official says the U.S has pressed him on draft EU rules for hedge funds - and hopes the U.S. will respect Europe's right to decide ...
Microsoft Warns Of Web Browser Flaws
RedOrbit
Posted on: Thursday, 11 March 2010, 06:20 CST Microsoft warned this week that hackers are targeting a weakness in earlier versions of its Internet Explorer (IE) Web browser software. The company sa...
Gold Wheaton Reports Earnings For 2009
Market Wire
is pleased to announce the financial results of its first full year of operations for the year ended December 31, 2009 (unless otherwise indicated, all dollar amounts are expressed in United States...
Hsbc: Swiss Bank Data Theft Affects 24,000 Accounts
Guardian
* Bank previously said fewer than 10 clients affected * Former IT worker Falciani handled stolen data * HSBC shares dip 1.2 pct on index down 0.5 pct (Adds Swiss investigation) By Steve Slater and La...
Foreclosures Rise At Slowest Pace In 4years
Business Week
March 11 (Bloomberg) -- U.S. foreclosure filings rose at the slowest pace in four years in February as the government sought to reduce record bank seizures, RealtyTrac Inc. said.
Indiana Stakes Claim To Electric Car Industry
MSNBC
Richard Canny, CEO of THINK electric cars, shows off the automaker’s Think City electric vehicle at the Washington, D.C., auto show in January. The company plans to make vehicles in Indiana.
Fed Emerges From Battle Poised To Be Stronger
MSNBC
Senate negotiators are considering giving the Fed the authority to supervise nonbank financial institutions that are so large and intertwined that their failure could pose a risk to the entire economy...
Consumerman: The Hazards Of Kids And Credit
MSNBC
Credit card companies have a simple marketing strategy: Get your customers while they are young. This explains why banks try so hard to sign up college students, even though most of these kids have no...
Hmrc Ready To Back Pompey Set-up
BBC
HM Revenue and Customs (HMRC) will not pursue its dispute over the validity of the administration at Portsmouth football club, the BBC has learned.A scheduled High Court hearing is still expected to g...
Scottish Power To Cut Gas Bills
BBC
Scottish Power has announced it is to cut gas prices by an average of 8% from the end of March.The company said its 1.6 million domestic gas customers would save an average of £66 a year on thei...
Profits Halve For Scotsman Owners
BBC
The owners of the Scotsman and Yorkshire Post has seen full year pre-tax profits fall by 56% to £43m.Edinburgh-based Johnston Press said the recession had had a dramatic effect on advertising re...
Rail Workers Back Strikes In Union Ballot
Sky News
The threat of Easter train travel disruption is looming after the RMT union said a ballot of Network Rail maintenance workers showed 77% supported strike action.
London Underground To Cut 800 Workers
Sky News
The cuts will include 100 managers, 450 ticket office posts and up to 200 other jobs. The transport giant said it is aiming to slim down staff without making compulsory redundancies. It said the tra...
Smithfield Foods Swings To A Profit
Fox Business
NEW YORK -- Smithfield Foods Inc. said Thursday its third-quarter net income rose to $37.3 million, or 22 cents a share, from a loss of $105.7 million, or 74 cents a share, in the year-ago period. Ad...
British Mps Turn Up Oil Sands Heat
Financial Post
Climate protestors demonstrate outside BP's headquarters in London last year. British Members of Parliament have joined the campaign to force BP and Shell to provide more information on their ...
China Overheating Fears Grow, Spurring Tightening Talk
Financial Post
BEIJING -- Chinese consumer inflation spurted to a 16-month high in February and a raft of economic data displayed broad-based strength, providing fresh arguments for policy tightening sooner rather t...
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