U.S. stocks were weaker on Tuesday as commodity prices crumbled and the dollar advanced.
Big News Network.com Tue, 08 Dec 2009 13:55:13 -0500

The CIT Group in the US has managed to reorganiseits bankrupcy protection plan.
Big News Network.com Tue, 08 Dec 2009 20:14:39 -0500

United Airlines has announced it will take 25 Airbus and 25 Boeing widebody aircraft.
Big News Network.com Tue, 08 Dec 2009 19:46:42 -0500

Visa and MasterCard have agreed to pay over one billion dollars to merchants across the United States as part of an antitrust settlement.
Big News Network.com Tue, 08 Dec 2009 19:39:20 -0500

Iceland's recession deepened in the third quarter.
Big News Network.com Tue, 08 Dec 2009 03:35:00 -0500

Officials from the General Motors Co in Detroit have been in discussions with BAIC, China's fifth largest car maker, over a partial takeover of the of the Saab brand.
Big News Network.com Tue, 08 Dec 2009 01:24:58 -0500

Executives from the collapsed mortgage lender New Century Financial Corp have been accused of fraud by US regulators.
Big News Network.com Tue, 08 Dec 2009 01:40:15 -0500

The state of Kansas has been given a $2 million federal grant for a rural broadband program.
Big News Network.com Tue, 08 Dec 2009 03:42:32 -0500

A 17-year deal to host the British Grand Prix has gone to Silverstone.
Big News Network.com Tue, 08 Dec 2009 01:32:17 -0500

Berkshire Hathaway, the Warren Buffett’s company, has said it should soon be able to acquire railroad operator Burlington Northern Santa Fe Corp.
Big News Network.com Tue, 08 Dec 2009 01:18:17 -0500

US Federal Reserve chairman, Ben Bernanke, has given a mixed assessment of the US economy.
Big News Network.com Mon, 07 Dec 2009 20:36:08 -0500

Greece has been warned it may have its credit rating cut.
Big News Network.com Mon, 07 Dec 2009 20:11:46 -0500

New York, Dec 9 (DPA) US stocks fell Tuesday, following a retreat in global markets amid credit worries for Dubai and Greece.
IANS Tue, 08 Dec 2009 18:40:01 -0500

London, December 08 : Swindon, a town in Britain, has become Walt Disney World's first ever twin town.
ANI Tue, 08 Dec 2009 06:00:31 -0500

Washington, December 8 : Martina Navratilova's lesbian lover has slapped the tennis great with a lawsuit, claiming she was unexpectedly dumped and left with nothing.
ANI Tue, 08 Dec 2009 03:40:29 -0500

OKLAHOMA CITY - Oklahoma City residents were to decide Tuesday whether they wanted to continue paying an additional one-cent sales tax that in recent years has helped transform downtown and provided ...
Star Tribune Tue, 08 Dec 2009 21:03:46 -0500

China exposure's downside Japanese machinery stocks benefited from China's government stimulus-driven economic recovery, but next year might be different.
MarketWatch Tue, 08 Dec 2009 20:57:51 -0500

Tesco warned the next government not to raise VAT too high as the retailer reported that its third-quarter UK sales had been "disappointing" despite a massive investment in its Clubcard loyalty scheme...
The Independent Tue, 08 Dec 2009 20:53:46 -0500

The rewards of banking , 7 December) has a point: bankers are human too. Most of them want exactly the same as us: a decent quality of life. But bankers are not islands: they have to deal with (or are...
Guardian Tue, 08 Dec 2009 20:51:50 -0500

Infrastructure UK will aim to attract investment from pension funds to finance projects such as the high speed rail network. Photograph: Ian West/PA...
Guardian Tue, 08 Dec 2009 20:51:48 -0500

NetApp and Microsoft, two companies that have worked together for more than a decade but have never announced a formal partnership, did just that on Dec. 8. The two companies announced a new three-...
eWeek Tue, 08 Dec 2009 20:43:13 -0500

THERE is little evidence that turning legal services over to banks or supermarkets will improve access to justice in Scotland, a senior legal academic has warned.
The Scotsman Tue, 08 Dec 2009 20:34:51 -0500

THERE is little evidence that turning legal services over to banks or supermarkets will improve access to justice in Scotland, a senior legal academic has warned.
The Scotsman Tue, 08 Dec 2009 20:34:29 -0500

In a much anticipated move, Microsoft announced the combination of the Windows Azure group with the Windows Server and Solutions group into a new organization, titled the Server and Cloud Division. Th...
CNet Tue, 08 Dec 2009 20:33:42 -0500

LONDON (MarketWatch) -- For investors in European equities, this decade has been marred by two spectacular downturns for share returns. The performance of the Dow Jones Stoxx 600 index has been d...
Market Watch Tue, 08 Dec 2009 20:28:55 -0500

TOKYO -- Japan's Nikkei 225 Average fell 1.1% to 10,026.54 and the Topix was at 886.34, down 1.8%, in early trading Wednesday, weighed by disappointing economic data and an overnight fall on Wall Str...
Fox Business Tue, 08 Dec 2009 20:27:46 -0500

SAI ) saw shares fall slightly after Tuesday's bell, after the company reaffirmed its fiscal 2010 guidance and posted third quarter earnings per share above the Street’s view, with revenue coming ...
Fox Business Tue, 08 Dec 2009 20:27:43 -0500

LOS ANGELES -- Japan revised its third-quarter economic growth downward Wednesday, and while a cut to the number was expected, the revision proved larger than forcast. The Cabinet Office said real gr...
Fox Business Tue, 08 Dec 2009 20:27:41 -0500

PEP ) updated its outlook for fiscal 2009 and reaffirmed its guidance for 2010, on Tuesday afternoon. The company said it expects 2009 earnings per share to grow by 5% to 6%, while revenue is expect...
Fox Business Tue, 08 Dec 2009 20:27:39 -0500

LOS ANGELES -- Australian stocks heading lower in a broad sell-off Wednesday highlighted by weakness for financials and mining companies. Sydney's benchmark S&P/ASX 200 dropped by 1.4% to 4,608.2 in ...
Fox Business Tue, 08 Dec 2009 20:27:37 -0500

Research in Motion said it planned to expand the China market for its BlackBerry smartphone to include consumers and small businesses, amid fierce competition in the world's biggest mobile market.
Financial Post Tue, 08 Dec 2009 20:26:24 -0500

Global, CTV and CBC have seen revenues decline steadily in recent years as competition from specialty channels and to a lesser extent online sources chip away at their hold over advertisers.
Financial Post Tue, 08 Dec 2009 20:26:22 -0500

Among the highlights, provisions for credit losses declined from the previous quarter at nearly all the banks, providing confidence that “spikes are off the table,” said Robert Sedran, an analyst ...
Financial Post Tue, 08 Dec 2009 20:26:19 -0500

Given the market's volatility of late, it's not likely that anyone can predict what the Toronto Stock Exchange will look like on Jan.1, 2011. However, one thing seems certain. There's going to be a va...
Financial Post Tue, 08 Dec 2009 20:26:16 -0500

After over 50 years on the air, CBS has decided to end one of the longest-running Television programs, the daytime drama "As The World Turns." Janet Choi reports from New York.
CBS News Tue, 08 Dec 2009 20:24:27 -0500

Alesco Corporation Ltd has forecast a drop in earnings in the first half of fiscal 2010 despite signs of improvement in the housing market and a rising Australian dollar.Alesco says it expects earning...
Yahoo!7 News Tue, 08 Dec 2009 20:21:48 -0500

Japan has agreed a 7.2 trillion Yen stimulus plan designed to prevent the country's economy from slipping back into recession. The economy has been growing for two quarters in a row but unemployment r...
BBC Tue, 08 Dec 2009 19:55:40 -0500

Stocks fell on Tuesday after disappointing corporate news from 3M Co and McDonald's, while negative developments in global credit markets caused a shift to safe-haven assets. Equities faced pressure ...
SINA Tue, 08 Dec 2009 19:54:32 -0500

Apple's reconfigured iMac desktop -- a bright, shiny, wide-screen example of a home computer -- works beautifully ... unless it doesn't work at all or arrives with a cracked display.
Star Tribune Tue, 08 Dec 2009 19:15:14 -0500

WASHINGTON - Federal regulators have sued a defunct California investment brokerage and its former CEO, accusing them of fraud in selling more than $300 million worth of risky mortgage-backed securit...
Star Tribune Tue, 08 Dec 2009 19:15:12 -0500

City of Industry, CA --(www.FinancialNewsUSA.com)-- 12/08/2009 - Financial News industry news provided by Financial News USA. Stocks tumbled Tuesday, with the Dow losing over 100 points, as investors ...
Financial News USA Tue, 08 Dec 2009 19:05:10 -0500

City of Industry, CA --(www.FinancialNewsUSA.com)-- 12/08/2009 - Financial industry news provided by Financial News USA. WASHINGTON (AP) -- General Electric Co. says profits at its lending arm will st...
Financial News USA Tue, 08 Dec 2009 19:05:06 -0500

(AP) - Among the earnings stories for Tuesday, Dec. 8, from AP Financial News: CINCINNATI (AP) — The Kroger Co. is hurting from California's ailing economy and the overall bite of a dollar-...
Canadian Business Tue, 08 Dec 2009 19:01:11 -0500

In this undated image provided by the Consumer Product Safety Commission, a Amby Baby Motion Bed is seen. Two infant deaths have led to the recall of about 24,000 of the beds, which are hammock-like b...
Seattle Post-Intelligencer Tue, 08 Dec 2009 18:56:05 -0500

SAN FRANCISCO (MarketWatch) -- Texas Instruments Inc. on Tuesday narrowed its revenue and earnings outlook, pointing to a better-than-expected fourth quarter. The chip maker's shares fell in afte...
Market Watch Tue, 08 Dec 2009 18:42:08 -0500

MW ) plunged more than 15% in after-hours trading on Tuesday, after the company issued fourth-quarter earnings per share guidance below expectations. The retailer said it expects fourth-quarter net ...
Fox Business Tue, 08 Dec 2009 18:41:11 -0500

WASHINGTON--The U.S. Senate rejected Tuesday an attempt to tighten restrictions on abortion coverage in a healthcare overhaul, threatening a crucial Democrat's support for passage of the final bill. ...
Fox Business Tue, 08 Dec 2009 18:41:09 -0500

BFB ), maker of alcoholic beverages including Jack Daniel’s whiskey and Finlandia vodka, reported a 3% rise in earnings for its fiscal second-quarter. Revenue dropped 4% to $892.9 million, beating...
Fox Business Tue, 08 Dec 2009 18:41:08 -0500

SPG ) said Tuesday it will acquire outlet shopping mall company Prime Outlets Acquisition for around $700 million in cash and equity. Simon will pay 80% cash and 20% in units of its operating partne...
Fox Business Tue, 08 Dec 2009 18:41:07 -0500

CNO ) announced on Tuesday plans to amend its senior credit facility and projected that operating profit for 2010 would be lower-than-expected. The news sent the company’s shares down by 6%. The ...
Fox Business Tue, 08 Dec 2009 18:41:05 -0500

JOLTS ) – which cast new doubt on last Friday’s report showing job losses shrank to 11,000 in November, one-tenth the number of jobs lost in October. According to the JOLTS data, job openings d...
Fox Business Tue, 08 Dec 2009 18:41:03 -0500

WASHINGTON -- An effort to add abortion restrictions to the sweeping Senate health-care bill failed on Tuesday as senators shot down an amendment offered by Sen. Ben Nelson, D-Neb. Nelson's amendment...
Fox Business Tue, 08 Dec 2009 18:41:00 -0500

XOM ) agreed on Tuesday to move forward with a planned $15 billion liquefied natural gas project in Papua New Guinea. The project's approval is hinging on landing sales agreements in Asia. The deals...
Fox Business Tue, 08 Dec 2009 18:40:58 -0500

LOS ANGELES (Reuters) - PepsiCo Inc lowered the top end of its revenue and earnings outlooks, as it steps up investments in projects aimed at increasing its growth and profitability amid falling North...
Reuters Tue, 08 Dec 2009 18:40:14 -0500

NEW YORK (Reuters) - Texas Instruments Inc said on Tuesday its fourth-quarter earnings and revenue would be at the high end of its target range, but its shares fell almost 2 percent as some investors ...
Reuters Tue, 08 Dec 2009 18:40:13 -0500

NEW YORK (Reuters) - JPMorgan Chase & Co sees additional losses on credit cards and home loans next year although there are some signs the rate of losses is settling and it may not need to build c...
Reuters Tue, 08 Dec 2009 18:40:13 -0500

Canwest Global Communications Corp. says it acted within its legal rights to bring its shares in specialty television channels it co-owns with Goldman Sachs & Co. into its creditor-protection proc...
Financial Post Tue, 08 Dec 2009 18:39:57 -0500

Dave & Buster's, Inc., a leading operator of high volume entertainment/dining complexes, today announced that it plans to report financial results for its third quarter 2009 before the Market op...
CNBC Tue, 08 Dec 2009 18:10:15 -0500

ACTU , the people behind BIRT™, and Xenos Group Inc. (TSX:XNS), the market-leading provider of high-performance software solutions that deliver a superior Return on Information™, today announce...
CNBC Tue, 08 Dec 2009 18:10:13 -0500

- Q4 molybdenum prices significantly boosted the company's treasury since Q3 end; - Cash costs of approximately Cdn$7.30 (US$6.65) for the year; - Average molybdenum recoveries of approximately 95%...
CNBC Tue, 08 Dec 2009 18:10:07 -0500

Oil prices have fallen for the fifth day in a row, weighed down by a stronger US dollar and amid concerns over demand.Prices dropped after the US Energy Information Administration lowered its forecast...
BBC Tue, 08 Dec 2009 18:09:38 -0500

(RTTNews) - Stocks fell by notable margins on Tuesday, as traders took the opportunity to do some profit taking on a day that was once again light on economic catalysts in the U.S. Some traders looke...
Quote.com Tue, 08 Dec 2009 18:08:51 -0500

United Airlines is ordering 50 new airplanes the way some people ease into a cold lake. Toes first, and very slowly. The deal announced Tuesday has several conservative pieces. United split its order...
Star Tribune Tue, 08 Dec 2009 17:26:44 -0500

TALLAHASSEE, Fla. - A bill that would clear the way for commuter and transit rail systems, which may in turn attract federal stimulus money to also build a high-speed line, sped to Gov. Charlie Crist...
Star Tribune Tue, 08 Dec 2009 17:26:43 -0500

BATTLE CREEK, Mich. - Food maker Kellogg Co. said Tuesday it has promoted Ronald Dissinger, a 22-year veteran of the company, to chief financial officer as of Jan. 3. He takes over from John Bryant,...
Star Tribune Tue, 08 Dec 2009 17:26:42 -0500

NEW YORK (MarketWatch) -- Stocks endured their steepest daily loss Tuesday since the Dubai debt crisis erupted as comments from credit-rating agencies rekindled worries about the emirate and other sov...
MarketWatch Tue, 08 Dec 2009 17:20:34 -0500

On Dec. 8, an early version of MarketWatch's Market Snapshot column should have reported Greece's credit rating was cut at Fitch to triple-B-plus, not triple-B-minus.
MarketWatch Tue, 08 Dec 2009 17:20:27 -0500

London's Canary Wharf financial district. After years of reliance on the financial sector to drive the UK economy, Labour now aims to diversify. Photograph: Guardian House prices are booming, indust...
Guardian Tue, 08 Dec 2009 17:17:03 -0500

Tesco reported slower than expected quarterly sales growth today, disappointing some City analysts who had expected its recent marketing blitz to pay off before Christmas.
Guardian Tue, 08 Dec 2009 17:17:00 -0500

While his contemporaries are probably still learning the ropes in their first jobs and coming to terms with the end of university, Jan Sramek is already making waves in the Square Mile. The 22-year-ol...
Guardian Tue, 08 Dec 2009 17:16:59 -0500

Conrad Black's lawyer Miguel Estrada attends the supreme court hearing in Washington. Photograph: Evan Vucci/AP If he'd been allowed out of his prison cell at Florida's Coleman correctional complex,...
Guardian Tue, 08 Dec 2009 17:16:57 -0500

Climate Change report into aviation, and warned that it will make the "biggest mistake ever" if it blocks a third runway at Heathrow.In a tirade at one of...
Guardian Tue, 08 Dec 2009 17:16:55 -0500

A truck leaves DP World Jebel Ali Port in Dubai. The company was one of six downgraded by Moody's credit ratings agency. Photograph: Steve Crisp/Reuters Credit woes extended to...
Guardian Tue, 08 Dec 2009 17:16:53 -0500

Computerworld - Microsoft today patched 12 vulnerabilities in Windows, Office and Internet Explorer (IE), including three critical bugs in the company's newest browser, IE8. Of the 12 flaws fixed in T...
Computerworld Tue, 08 Dec 2009 17:13:29 -0500

Microsoft has used blog postings and Twitter feeds over the past few days to remind users that support for Windows XP Service Pack 2 and Windows 2000 will expire in July 2010, perhaps encouraging user...
eWeek Tue, 08 Dec 2009 17:06:48 -0500

Microsoft released fixes on Tuesday for a critical vulnerabilities in Internet Explorer, including one for which exploit code has been released. Adobe, meanwhile,...
CNet Tue, 08 Dec 2009 16:57:19 -0500

Microsoft released fixes on Tuesday for a critical vulnerabilities in Internet Explorer, including one for which exploit code has been released. Adobe, meanwhile,...
CNet Tue, 08 Dec 2009 16:57:15 -0500

SAN FRANCISCO -- SAIC Inc. said late Tuesday that its third-quarter profit rose to $135 million, or 34 cents a share, from $120 million, or 29 cents a share, in the year-ago period. Revenue rose to $...
Fox Business Tue, 08 Dec 2009 16:51:39 -0500

SAN FRANCISCO -- Men's Wearhouse late Tuesday reported its third-quarter net income rose to $19.7 million, or 37 cents a share, from $14.6 million, or 28 cents a share, in the same quarter a year ago...
Fox Business Tue, 08 Dec 2009 16:51:38 -0500

SAN FRANCISCO -- PepsiCo Inc. said late Tuesday it agreed to make and distribute certain Dr Pepper Snapple Group Inc. products following Pepsi's acquisition of bottlers Pepsi Bottling Group Inc. and ...
Fox Business Tue, 08 Dec 2009 16:51:36 -0500

WASHINGTON -- The Treasury Department announced Tuesday that it will sell 84.4 million warrants to purchase common stock of JP Morgan Chase & Co. in a secondary public offering. The auction will comm...
Fox Business Tue, 08 Dec 2009 16:51:35 -0500

NEW YORK -- U.S. stocks finished sharply lower Tuesday as the U.S. dollar gained strength, sparking a decline in commodities and equities. "We spent two months agreeing that when the dollar goes down...
Fox Business Tue, 08 Dec 2009 16:51:33 -0500

TLB ) on Tuesday announced it will repurchase the 54% stake held in the company by Japan's Aeon via a special-purpose acquisition vehicle. Talbots will repurchase the stock via a merger agreement wi...
Fox Business Tue, 08 Dec 2009 16:51:30 -0500

NEW YORK -- Executives from GE Capital, a unit of General Electric Co. , said on Tuesday that the company expects to have about $7 billion in unrealized losses in the battered commercial real estate ...
Fox Business Tue, 08 Dec 2009 16:51:28 -0500

NEW YORK (Reuters) - Billionaire hedge fund manager John Paulson said on Tuesday he still sees compelling long-term returns in equities even after their sharp run-up this year, while holding no short ...
Reuters Tue, 08 Dec 2009 16:50:18 -0500

TORONTO -- Canada's Cameco Corp. said on Tuesday it will sell its entire 49% stake in Asia-focused miner Centerra Gold for $872 million, a discount on the price of Centerra's publicly traded shares. ...
Financial Post Tue, 08 Dec 2009 16:49:38 -0500

TORONTO -- The head of Royal Bank of Canada said on Tuesday the bank is mulling acquisitions to build its business, particularly in global wealth management, but does not see a blockbuster U.S. retail...
Financial Post Tue, 08 Dec 2009 16:49:36 -0500

Microsoft released fixes on Tuesday for a critical vulnerabilities in Internet Explorer, including one for which exploit code has been released. Adobe, meanwhile,...
CNet Tue, 08 Dec 2009 16:49:27 -0500

Dubai Debt Sparks Uncertainty An embattled Wall Street now faces concerns over debts plaguing the once-prosperous city of Dubai. As Hari Sreenivasan reports, Dubai's setbacks have caused fears of a ne...
CBS News Tue, 08 Dec 2009 16:47:45 -0500

Two clients plan to pull money from the bond-fund outfit as 14 more staffers leave in the wake of the departure of its star manager Jeffrey Gundlach...
Business Week Tue, 08 Dec 2009 16:24:35 -0500

WOLFSBURG (GERMANY): European auto giant Volkswagen Aktiengesellschaft on Tuesday said it has bought 49.9% stake in luxury car maker Porsche for $5.8 billion. Volkswagen said the combination of the...
Times Of India Tue, 08 Dec 2009 16:21:24 -0500

Microsoft Corp. (MSFT) is expected to formally resolve its dispute with European Commission antitrust regulators over its Internet Explorer browser...
Morning Star Tue, 08 Dec 2009 16:19:06 -0500

CMRO , a leading provider of innovative mobile power solutions through its ChargeSource? line of multi-function universal mobile power products, today announced a significantly improved financial pe...
CNBC Tue, 08 Dec 2009 16:18:35 -0500

About 24,000 hammock-like baby beds sold by a Twin Cities company are being recalled and all sales halted after two infants died, federal officials said Tuesday, adding that parents should stop using ...
Star Tribune Tue, 08 Dec 2009 15:35:53 -0500

BOSTON - If the key to successful investing is buying low, then an abundance of caution is in order if you're rebalancing your portfolio.This year's rally has sent prices for everything from stocks t...
Star Tribune Tue, 08 Dec 2009 15:35:51 -0500

WASHINGTON - General Electric says the financial stability of its big lending arm has improved since earlier this year, but high losses on loans gone bad in areas like commercial real estate will con...
Star Tribune Tue, 08 Dec 2009 15:35:50 -0500

Lord Mandelson's Business Department announced a £5,000 grant in spring to help buy electric cars. Photograph: Everett Kennedy Brown/EPA Big incentives to boost electric cars in company car fleets ...
Guardian Tue, 08 Dec 2009 15:24:55 -0500

Conrad Black leaves the federal courthouse after his sentencing hearing in Chicago on 10 December 2007. Photograph: John Gress/Reuters/Reuters Disgraced press baron...
Guardian Tue, 08 Dec 2009 15:24:53 -0500

Grand Theft Auto IV: developed in Scotland. Calls from video game developers for government support are understood to have fallen on deaf ears, with chancellor Alistair Darling expected to reject th...
Guardian Tue, 08 Dec 2009 15:24:52 -0500