GM IPO filing may slip to early next week: source
General Motors Co may delay its filing for an initial public offering to early next week from the initial target date of Friday after the unexpected departure of Chief Executive Ed Whitacre
Rural healthcare needs $1 billion additional budget, 2,000 doctors
The Rural Doctors' Association of Queensland (RDAQ) said the country's rural health system needs a boost to the tune of $1 billion additional budget per year and 2,000 additional doctors.
Toyota says halted exports to Iran since June
Toyota Motor Corp said on Wednesday it had suspended auto exports to Iran indefinitely since June, amid growing international scrutiny of companies dealing with the country.
Visteon in exit financing talks: sources
Bankrupt U.S. auto parts supplier Visteon Corp is in talks with at least three bank groups on exit financing worth about $700 million
South Africa car workers strike, production stalls
South African autoworkers seeking wage increases more than triple the inflation rate went on an indefinite strike on Wednesday, slamming the brakes on auto production in Africa's largest economy.
BP to pay record fine for Texas safety violations
BP Plc has agreed to pay a record $50.6 million fine for safety violations from a deadly 2005 explosion at its troubled Texas City, Texas refinery, U.S. Labor Secretary Hilda Solis said Thursday.
Cisco CEO Chambers stokes fears of downturn 2.0
Cisco Systems Inc CEO John Chambers' comments on the economy sent jitters through financial markets on Thursday, stoking fears that a recovery in technology spending could be waning.
Wall Street bonuses to rise this year: report
Wall Street bonuses likely will rise this year, despite the regulatory cloud hanging over compensation, as the financial sector recovers from recession faster than the broader U.S. economy, according to a published report.
Kohl's sees costs from new credit cards, shares fall
Kohl's Corp gave a profit forecast that missed Wall Street expectations, citing the cost of adapting to new consumer credit card laws, and expects slower sales growth.
Dubbo child care centre mulls relocation as rent hike looms
The management of the Playmates Cottage Child Care Centre in Dubbo is considering relocating the facility in response to the plan of the Greater Western Area Health Service to raise its rent.
Wall Street down for third day on jobs data and Cisco
Stocks fell for a third straight day on Thursday as a discouraging report on jobless claims underlined the lack of progress in turning around the anemic labor market.
Construction of NSW super clinic to proceed
The commercial hub of Clarence River Valley will have its new GP super clinic next year as the company that will build and run the facility will proceed with the project no matter which party wins the August 21 elections.
GM CEO Whitacre step downs
General Motors Chief Executive Ed Whitacre announced on Thursday that he would step down as CEO effective September 1 and would be replaced by Dan Akerson, a GM board member.
Wall Street drops as jobless claims and Cisco take toll
Stocks fell on Thursday as weekly jobless claims unexpectedly rose and a sobering forecast from Cisco Systems fed worries about the economy's health.
Immigrant workers faring better than U.S.-born in New York
Immigrants in New York City have a lower unemployment rate and participate in the labor force at a higher rate than native-born Americans, a divergence from the national trends that may reflect optimism about the recovery.
GM CEO steps down as profit revs up IPO engine
General Motors Co posted its biggest quarterly profit in six years on Thursday and CEO Ed Whitacre stepped aside on the cusp of an IPO expected to allow the U.S. government to relinquish its majority stake.
Barnes & Noble and Burkle in talks to end fight: source
Barnes & Noble Inc is in talks to end a battle with one of its top investors, a source with knowledge of the discussions said, as the bookseller tries to attract buyers for its business.
Wall St falls as jobless claims and Cisco weigh
Stocks declined on Thursday as an unexpected rise in weekly jobless claims and a disappointing forecast from Cisco Systems fueled worries about the economic recovery.
Housing market to skirt another big downturn
The housing market should skirt another major downturn, even though stubbornly high unemployment and foreclosures will curb demand and keep home prices mostly flat through 2011, a Reuters poll showed.
Management Tip of the Day: Beat the postrecession blues
If the recession is officially over (according to government statistics), why are you still down in the dumps? It may be your mindset. It is hard to see opportunity amidst high unemployment rates, tight credit, a slow housing market, and more.
Small PR firms in survival mode
When the recession took hold, Sally Hodge was forced to make some drastic changes at her small Chicago-based public relations firm, Hodge Schindler Integrated Communications.
Museum tour? There's an app for that, too
During a visit to New York's Museum of Modern Art, Aaron Radin had an a-ha moment. Browsing the Internet on his cellphone for details on the art in front of him, he got to thinking: what if there was a mobile app for that?
Jobless claims jump shows labor market ailing
The number of U.S. workers filing new claims for unemployment insurance unexpectedly rose last week to its highest level in close to six months, a fresh signal of a weak jobs market.
Secondary school students experimenting with anabolic steroids
Many teens in secondary schools are experimenting with anabolic steroids, according to a survey of the National Drug and Alcohol Research Centre (NDARC).
Parents to pay child carers more with proposed new standards in family day care
Some parents will have to pay up to $50 more in weekly child care service if the proposed new standards in family day care is approved and implemented.
Oil at two-week low as U.S. jobs market ails
Oil fell to a two-week low near $76 a barrel on Thursday, marking a third straight session of sharp losses, as fickle fuel demand continued to sour investor risk appetite.
Demand worries grew as data showed that people filing new claims for unemployment benefits in the United States unexpectedly rose in the latest week to its highest level in close to six months.
3 Australians infected with superbug
Health authorities revealed on Thursday that there are three Australians infected with the superbug or bacteria resistant to antibiotics.
USDA makes surprisingly deep cut to world wheat
Devastating drought in Russia and neighboring countries has reduced world wheat harvest prospects more than expected, a U.S. government report showed on Thursday, threatening to renew a blistering price rally that has revived memories of 2008.
Many Americans don't want government to push fast Internet
The majority of Americans do not favor making affordable high-speed Internet access a government priority, according to a study released by the Pew Internet & American Life Project on Wednesday.
Barnes & Noble, Burkle in talks to end fight: source
Bookseller Barnes & Noble Inc is in talks with Ronald Burkle's investment firm to end the billionaire's lawsuit and avoid a potential fight over the company's board, a source with knowledge of the talks told Reuters late Wednesday.