Stock futures point to Wall Street rising
Stock futures pointed to a higher start for Wall Street on Wednesday, ahead of GDP data. At 4:02 a.m. EDT, futures for the Dow Jones, S&P 500 and Nasdaq were up between 0.6 and 0.7 percent. * The FTSEurofirst 300 index of top European shares was up 0.5 percent at 805.38 points, with Banco Santander and Siemens among shares to rise after company re...
U.S. investors find stress tests stressful
Some investors are finding the stress tests to be mighty stressful, and wish the government would just disclose the final results.
BofA's Lewis may be voted out of chairman role: report
Bank of America Corp Chief Executive Kenneth Lewis may be forced to give up his role as chairman but is set to win re-election to the bank's board by a wide margin, the Wall Street Journal said.
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Positive earnings drive stocks higher; yen dips
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Citi, BofA may need more capital after stress tests
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Asian stocks fall on swine flu, U.S. bank worries
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Citigroup asks U.S. Treasury to approve new bonuses: WSJ
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CES 2021 Highlight: Robot Vacuum And Mop From Roborock Unveiled, 50Hz Scrubber For Tough Stains
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CES 2021 Highlight: HONOR Band 6 Global Version Launch, The Most Functional Affordable Fitness Tracker to Date
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CalPERS will vote against Ken Lewis as BofA Chairman
The California Public Employees’ Retirement System, which is the largest U.S. public pension fund, announced on Tuesday that it will vote against the re-election of the entire Bank of America board of Directors, including Chief Executive Officer and Chairman Ken Lewis.
U.S. wind energy industry grew in first quarter
The wind energy industry installed 2,836 megawatts of new generating capacity from January to March 2009, double the amount of the same period a year ago, said the American Wind Energy Association on Tuesday.
E*Trade pressured to raise capital; reports loss
E*Trade Financial Corp, a U.S. retail brokerage, said it is facing regulatory pressure to boost capital as it posted its seventh straight quarterly loss, and its shares fell 25 percent in after-hours trade.
U.S. Justice Department looks into Google books deal
The U.S. Justice Department is making inquiries about a class action deal that Google Inc struck giving it the right to digitize and sell entire libraries, two experts on digitization told Reuters on Tuesday.
U.S. authors can delay decision on online books: judge
A group of authors who are considering whether to opt out of a settlement with Google Inc that gives it the right to distribute books online were granted a delay by a federal judge on Tuesday.
Chrysler lenders and Treasury set deal framework: sources
The U.S. Treasury has reached a tentative deal with banks representing most of Chrysler LLC's first-lien debt but the agreement needs approval from more than 40 other lenders holding the automaker's debt, people familiar with the talks said on Tuesday.
Airline shares fall on flu scare; cruises rebound
Airline shares around the world largely took another hit on Tuesday on fears of steep falls in business and leisure traffic because of the swine flu outbreak.
Authors can delay decision on online books: U.S. judge
A group of authors who are considering whether to opt out of a settlement with Google Inc that gives it the right to distribute books online were granted a delay by a federal judge on Tuesday.
E*Trade reports first-quarter loss
E*Trade Financial Corp said on Tuesday its loss in the first quarter deepened missing Wall Streets expectations and that it would have to raise new capital. Its were down 23 percent in after-hours trade.
Wells Fargo CEO: ‘There are rays of hope’
Wells Fargo's CEO is feeling optimistic about the economy and believes the recession is near the end.
Tips for Staying Safe during Swine Flu Epidemic
The number of confirmed Swine Flu cases in the U.S. has risen to 64 leading the government to declare a state of emergency; doctors fear this may cause a pandemic as the number of infected continues to rise.
U.S. swine flu caseload jumps to 65
The U.S. swine flu caseload rose to 65 in six states on Tuesday as lawmakers launched emergency hearings to evaluate the government's response to what doctors warn could become a pandemic.
New swine flu infections intensify travel fears
New swine flu infections were found around the world on Tuesday and the specter of a pandemic began to hit the travel industry as governments warned people to stay away from Mexico where 149 people have died.
New Google search tool opens up federal data to the public
Google rolled out a new search tool on Tuesday that is designed to help Web users more easily find public data that is often hidden in hard-to-navigate government Web sites.
Another Adobe Reader vulnerability Emerged
Another hole in Adobe Reader that could allow attackers to remotely execute malicious code on end-users' machines was discovered on Tuesday.
Wall St slips as more bank woe offsets data, IBM
U.S. stocks fell on Tuesday as fresh worries that major banks may need to raise more money offset more reassuring economic data that suggested the worst may be over and a big dividend boost from IBM.
Companies restrict travel, advise staff on flu
Companies began restricting employee travel in response to a potential flu pandemic that has claimed at least 149 lives in Mexico and weighed stronger measures, while an unconfirmed case at Ernst & Young led the firm to close a portion of its New York office.
Obama asks for $1.5 billion to help fight flu
President Barack Obama asked congressional leaders for an additional $1.5 billion dollars on Tuesday to enhance the U.S. response to the swine flu outbreak.
Utility execs fear impact of U.S. policies on profit
Less than half of utility executives support the Obama Administration's plan to make the United States a leader on climate change and are concerned about the impact related policies will have on industry profits, according to a survey released on Monday.
Nissan reshapes Americas' operations, seeks electric car market
Nissan Motor Co. announced Monday a new operational system across the Americas while emphasizing its move to introduce electric, zero emissions vehicles in its car lineup.
Oil falls as flu adds to demand concerns
Oil prices fell on Tuesday on concerns the swine flu outbreak could further depress fuel demand, already hard hit by the global financial crisis.
Wall Street advances as IBM and data offset bank fears
Stocks rose on Tuesday as IBM's dividend boost and reassuring data that could point to a bottom in the slow economic cycle offset worries that major banks may need to raise more money.
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