Business and Finance News
- Fannie Mae CEO answers hard questions
Philadelphia News.Net
Investors reckon that Fannie Mae and Freddie Mac are running on borrowed time.
- Nintendo sued by American electronics company
Philadelphia News.Net
Nintendo's hit Wii console with its wandlike remote controller has been sued by a U.S. technology company.
- Continental-Schaeffler deal seems set
Philadelphia News.Net
Auto parts maker Continental AG has ended a standoff over a takeover bid from smaller rival Schaeffler KG.
- Scientists find new ways to convert ethanol into hydrogen
Philadelphia News.Net
Scientists have found a way to convert ethanol and other biofuels into hydrogen very efficiently, by using a new catalyst that makes hydrogen from ethanol with 90 percent yield, at a workable temperature, and using inexpensive ingredients.
- Bratz vs Barbie trial winding up
Philadelphia News.Net
A federal trial pitting the maker of Bratz dolls against the house of Barbie could cost MGA Entertainment up to $2 billion.
- Saudi stock exchange welcomes foreign investors
Philadelphia News.Net
Saudi market authorities have approved a new law that will allow non-resident foreign investors to invest in Saudi Arabia's stock exchange.
- BAE signs UK defence deal
Philadelphia News.Net
BAE Systems has signed a 15-year deal with the UK Ministry of Defence to supply the UK armed forces with small arms and medium-calibre ammunition.
- Shanghai Airlines breaks into profit on soaring traffic
Philadelphia News.Net
Shanghai Airlines flew into the black in the first half of this year on rising traffic and a government subsidy.
- Water resources under extreme pressure in Asia
Philadelphia News.Net
Inspired leaders who champion reforms, mobilize resources and involve communities can play a key role in helping Asia meet its many water and sanitation supply challenges, said Xianbin Yao, Acting Director General of Asian Development Bank's Regional and Sustainable Development Department.
- Popularity of newspapers continue to shrink
Philadelphia News.Net
There's an old newspaper expression: Stop the presses.
- Down Under leaders launch Pacific infrastructure initiative
Philadelphia News.Net
Prime Minister of Australia Kevin Rudd, New Zealand Prime Minister Helen Clark, Asian Development Bank President Haruhiko Kuroda and World Bank Group President Robert B. Zoellick Wednesday launched a new Pacific Region Infrastructure Facility.
- Gulf oil earnings to touch record $562 bn in 2008
Philadelphia News.Net
Oil producing nations in the Gulf will earn a record $562 billion by the end of this year, as oil prices are expected to remain above $100 a barrel, according to a new report.
- US stocks rise on energy, overcoming Fannie-Freddie slump
Philadelphia News.Net
Major US stock indices improved Wednesday on the back of gains in energy and metal shares, while new mortgage-market fears weighed heavily on financial institutions.
- Musharraf was on Qaeda
Philadelphia News.Net
New York, : During his seven-year rule as President of Pakistan, Pervez Musharraf defused tensions with India and also cut off terror infiltration routes across Kashmir, and "due to such co-operation, he was at the top of Al Qaeda's target list and dodged three assassination attempts," said an editorial in the Wall Street Journal.
- Bancroft Fund Ltd. Announces Earnings and Financial Update
Market Wire
Net Income $970,000 $1,309,000 $3,127,000 $3,647,000 ...
- Citigroup Issues Dour View On Brokerages
Morning Star
DOW JONES NEWSWIRES Yet another firm released a bleak outlook on the brokerage sector late Wednesday, as a Citigroup analyst predicted more mortgage-related write-downs ...
- A century after introduction, Hydrox cookies back
San Diego Union-Tribune
Are you a gourmet who has had to come up with creative ways to cut costs as food prices soar? How do you shop for and prepare meals on a budget? Contact Jennifer Davies...
- Time for a Fresh Look
Business Week
If someone told you that a particular sector in the S&P 500 beat the market seven out of the last eight years by an average 17.9 percentage points per year (143 percentage points...
- Kitchen cabinet maker American Woodmark shares off
CNBC
All Associated Press news Shares of American Woodmark Corp., a major kitchen cabinet supplier to Home Depot and Lowe's, fell Thursday after reporting a big fiscal 2009 first-quarter...
- Volcanic Lake Explodes, Killing Thousands
Wired News
Volcanoes can kill in many ways, but this one is pretty weird. A volcanic lake in the West African nation of Cameroon degassed violently (you could say it burped, or worse) in the middle of the...
- ‘Pitchy’ Sanjaya becomes Nationwide pitchman
MSNBC
Malakar says that's something he knows from personal experience. In a statement, he points out that he went from an unknown singer to appearing before of millions of people on...
- Oil rises on U.S.-Russia tensions, sliding dollar
San Diego Union-Tribune
Are you a gourmet who has had to come up with creative ways to cut costs as food prices soar? How do you shop for and prepare meals on a budget? Contact Jennifer Davies...
- Wall St set to drop on credit woes, oil
Earth Times
Stock headed for a lower open on Thursday as fears of more credit losses in the financial sector rattled investors while shares of mortgage finance companies...
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