Business and Finance News
Aer Lingus needs to cut costs
Caribbean News.NetIrish airline, Aer Lingus, has reported a loss for 2009.
Eurotunnel results show a profit
Caribbean News.NetEurotunnel 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
Caribbean News.NetIcelanders have voted overwhelmingly against a referendum to allow taxpayers money to be used to repay international debts.
Clinton says Papandreou is making right moves
Caribbean News.NetUS Secretary of State, Hillary Clinton, has met Greek Prime Minister George Papandreou in Washington.
U.S. stocks creep higher
Caribbean News.NetU.S. stocks made narrow advances Tuesday, as traders remained cautious on the economy.
Brazil conservation program protects sardines
Caribbean News.NetThe Brazilian government has ordered the implementation of a sardine conservation awareness program.
Chinese passenger cars in strong demand
Caribbean News.NetChinese 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
Caribbean News.NetThe 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.
More protests in India after raising of fuel price
Caribbean News.NetThe main opposition Bharatiya Janata Party in india has protested over a hike in fuel prices.
Expensive houses wear well in UK economic crisis
Caribbean News.NetLand Registry sale price statistics have shown that exclusive houses in England and Wales are still maintaining their high prices.
US rate rise inevitable
Caribbean News.NetEconomists in Washington have suggested the Federal Reserve will soon raise benchmark interest rates.
Toyota chief expecting return to growth in US
Caribbean News.NetThe market for Toyota cars in North America is expected to recover in March, according to the head of the company, Akio Toyoda.
Latin America expected to grow at good pace
Caribbean News.NetThe Latinamerican economy could grow by 3% or more this year according to the Inter American Development Bank.
One hundred dollar bill redesigned
Caribbean News.NetThe US has redesigned its hundred dollar bill to feature special security measures.
Qatar Airways building fleet
Caribbean News.NetQatar Airways has doubled its fleet size over the past five years.
Internet Explorer users told to upgrade
Caribbean News.NetGoogle has warned that anyone not using Internet Explorer 8 will soon lose service through the company.
US stocks gain on financial firms
Caribbean News.NetMajor 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 TribuneThe 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 TribuneNote: 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 TribuneNEW 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 ...
Toyota says it will expand recall of Tundra pickups to address frame rust issue
Star TribuneWASHINGTON - Toyota says it will expand a recall announced last year to fix Tundra pickup trucks with frames that could rust. Toyota spokesman Brian Lyons says the recall will cover Tundra pickups f...
US stocks gain on financial firms
New KeralaNew 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.
Iraqis Maneuver Amid Signs No Party Will Win Election Majority
Business WeekMarch 10 (Bloomberg) -- Iraq faces tough political coalition-building as leaders maneuvered amid indications that no party would win a majority when initial results from the parliamentary election are...
Hedge Funds Returned 0.5% in February on Stock Market Recovery
Business WeekMarch 10 (Bloomberg) -- Hedge funds returned 0.5 percent in February, led by North American managers, as global stock markets rose on signs of recovery in corporate earnings and U.S. interest rates ar...
US stocks gain on financial firms
SifyMajor 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
MSNBCDETROIT - 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
MSNBCEach 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'
BBCFraudsters 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 BusinessLOS 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 BusinessLOS 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...
They can't read, can't write, keep time or be tidy: Tesco director's verdict on school-leavers
The GuardianLucy Neville-Rolfe, excecutive director of corporate and legal affairs at Tesco, has attacked school leavers' standards. Photograph: Fiona Hanson/PA Archive/PA Photos A main board director of
Unions to Kick Off Major Anti-Bank, Pro-Jobs Campaign Monday
Fox BusinessAs labor unions wind down their fight for health care reform, they will announce details Monday of their next major campaign: an attack on the nation’s biggest banks for their role in the financial...
Cavuto: Our Big Fat Greek Mess
Fox BusinessMissed 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 BusinessLOS 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 BusinessSAN 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"
ReutersWASHINGTON (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
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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
ReutersDETROIT (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 PostGoldman 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 PostThe 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...
PicksThatMove.com Provides Investment Opinion on Apple Inc, Dell Inc., Microsoft Corporation, Research In Motion and Palm Inc.
Earth TimesCALGARY, Alberta - (Business Wire) The investment opinions offered below and in this press release are provided by Nick Hunter, RIA, of PicksThatMove.com. PicksThatMove is pleased to bring investors s...
Intuitive Surgical, Inc. Announces First Quarter, 2010 Earnings Conference Call
Earth TimesSUNNYVALE, Calif. - (Business Wire) Intuitive Surgical, Inc. (NASDAQ: ISRG), the leader in operative surgical robotics, will hold its quarterly conference call to discuss first quarter, 2010 results, ...
Video: Prius Driver's Frantic 911 Call
CBS NewsToyota 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 NewsChina 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 NewsExactly 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 NewsThe 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 JournalHigher 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
ABCNewsICF 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
ABCNewsWintrust 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...