Move away from dollar reserves still all talk
Central bank holdings of U.S. dollars continue to mount, despite talk of diversification into other currencies, but questions remain about the sustainability of the rise in dollar reserves.
Fearing risk, debt investors demand more protection
Scared by losses at two hedge funds that invested in securities backed by home loans, investors in securities backed by mortgages, junk bonds, and other assets are demanding more protection for the first time in years.
Ford says ahead of turnaround plan targets
Ford Motor Co. is ahead of where it expected to be in reducing an overhang of excess production capacity at this point in its turnaround effort and has made encouraging progress in stabilizing its U.S. market share, a senior executive said on Friday.
Office Depot shares off on sales warning
Shares of Office Depot Inc. fell nearly 5 percent on Friday, a day after the office supplies retailer said a soft U.S. economy will hurt its domestic sales and quarterly earnings.
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Sanofi pulls obesity drug application in U.S.
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Restaurants on list of top 100 US retailers: report
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Oil rises to $71 on drop in U.S. fuel stocks
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NETeller founder pleads guilty in gambling case
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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
More news
Moore hits snag on Wall Street promoting SiCKO
The filmmaker said he was barred from the New York Stock Exchange for an interview.
Film makers cross the line to secretive North Korea
Forty-five years ago, Private First Class Joe Dresnok got fed up with the U.S. Army and decided to try his luck on the other side of the demilitarized zone, in North Korea.
Marriott to triple India hotel portfolio
Marriott International Inc., the top U.S. hotel operator, said on Friday it would more than triple its hotel portfolio in India by the end of 2010 as it cashes in on rising business and leisure travel.
Yen, European stocks fall
The yen faced fresh losses on Friday, while bonds were flat as investors put this week's wave of risk aversion behind them, comforted by a relatively neutral statement from the Federal Reserve.
Stocks set to fall post Fed, price data looms
Stock futures eased on Friday suggesting a fall on Wall Street after the Federal Reserve kept interest rates unchanged on Thursday but flagged persistent price pressures, reducing the chances of a rate cut.
Ex-HealthSouth CEO Scrushy sentenced to prison
Ousted HealthSouth Corp. Chief Executive Richard Scrushy, acquitted two years ago in a major corporate fraud case, and former Alabama Gov. Don Siegelman were both sentenced to prison on Thursday for bribery.
Dollar up vs yen after Fed but flat vs Europe
The dollar strengthened against the low-yielding yen on Friday after the Federal Reserve reiterated its concern over persistent price pressures, suggesting little chance of an interest rate cut soon.
Apple's Jobs: iPhone won't hurt iPod sales: WSJ
Apple Inc. Chief Executive Steve Jobs said on Thursday he is not too worried that its new iPhone mobile telephone will dampen sales of the popular iPod music and video players.
Dow Jones pact gives group power to OK editors
A tentative deal between News Corp. and Dow Jones & Co Inc. would give an independent board the power to approve the hiring and firing of top editors at The Wall Street Journal, three sources said on Thursday.
U.S. growth slows to 4-year low in first quarter
The U.S. economy grew slightly faster than previously estimated in the first quarter, but still at the weakest pace in more than four years and inflation was higher as well, data on Thursday showed.
KB Home posts loss on housing slump
KB Home, the No. 5 U.S. home builder, posted a quarterly net loss on Thursday, partly on land value-related charges that reflect the continuing decaying U.S. housing market.
Australia court clears Citigroup of insider trading
Court ruled the U.S. bank's 'Chinese Walls' were not breached when it traded shares in a company it knew was a takeover target.
Futures flat before Fed rate decision
Stock index futures pointed to a flat to slightly higher market open on Thursday ahead of a packed agenda that includes the latest interest-rate decision from the Federal Reserve.
Oil climbs towards $71 after U.S. fuel stock drop
Oil rose towards $71 a barrel on Thursday after a surprisingly steep decline in U.S. gasoline stocks revived supply worries during the height of the summer driving season.
Constellation Brands profit falls; affirms outlook
Wine and spirits company Constellation Brands Inc. said on Thursday that quarterly profit fell sharply, hurt by a plan to cut the amount of wine it ships to U.S. distributors and lower results from its British business.
Gold bounces from 3-mth low, awaits Fed meet outcome
Gold steadied on Thursday after hitting three-month lows the previous day, but analysts were waiting for the outcome of a two-day Federal Reserve meeting that should steer financial markets in the short term.
Yen rally stalls, investors enticed by risk
The yen's three-day rally fizzled out on Thursday as a rebound in stocks eased concerns about the U.S. high-risk mortgage market and prompted investors to borrow the Japanese currency again to fund carry trades.
World stocks regain poise, yen down as risk bid again
World stocks regained composure on Thursday after an almost week-long sell-off and the yen's rally fizzled out as investors dipped their toe back into risky assets, encouraged by a rebound on Wall Street.
Stocks snap 3-day decline; energy, tech lead
Stocks rose on Wednesday as investors snapped up beaten-down shares after a three-day slide and a nearly 2 percent jump in oil prices boosted demand for energy companies.
Best Buy to expand; raises dividend, share buyback
Best Buy Co. Inc. said on Wednesday that it would open more North American stores than previously planned, buy back $5.5 billion in stock and raise its dividend 30 percent.
Steadier dollar may burst commodity bubble: fund
The commodity market bubble could burst at some stage and prices will tumble if the dollar stabilizes and China's banking system hits trouble, a fund manager told a conference on Wednesday.
Aeroflot pull-out threatens Alitalia sale
Russian airline Aeroflot pulled out of the bidding for Alitalia on Wednesday, leaving Rome's auction of the unprofitable airline in danger of collapse with just two players left.
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