Big Media earnings seen strong, but doubts linger
A rebound in advertising should give a lift to the earnings of the big four U.S. media conglomerates, but there is uncertainty about the extent of the recovery and mixed views on the trajectory of their stocks.
HP to buy Palm in bet on smartphone arena
Hewlett-Packard Co announced a $1.2 billion deal to buy Palm Inc , betting it can resuscitate the struggling smartphone maker to compete with the likes of Apple Inc and RIM .
BofA names Holliday as chairman
Bank of America Corp named DuPont's long-time chief executive, Charles Holliday, as its chairman on Wednesday, hours after the largest U.S. consumer bank concluded its 2010 annual meeting.
U.S. deficit serious, action needed: policymakers
U.S. deficit woes are not as dire as the fiscal problems of Greece and other nations, but a quick, credible action plan is still needed to avoid a future crisis, economists and policymakers said on Wednesday.
Australian dollar outlook 29/4/2010
Australia: It was another choppy session for the AUD overnight after the US central bank left its interest rates at historical lows and Standard and Poor lowered its long-term credit rating for Spain
Republicans back down on financial reform
A three-day Senate standoff over efforts to overhaul financial regulation ended on Wednesday as Republicans dropped efforts to block a Democratic bill in exchange for a handful of concessions.
High Doses of Vitamin B prove Harmful to Diabetics with Kidney Failure
TORONTO - Diabetics with impaired kidneys should avoid taking high doses of certain B vitamins because the supplements may do serious harm, researchers say.
Senate agrees to take up financial reform bill
The Senate on Wednesday unanimously agreed to take up a sweeping financial reform bill, breaking a partisan logjam that had paralyzed the chamber for three days.
Merkel demands faster Greek rescue, Spain downgraded
German Chancellor Angela Merkel said on Wednesday Greece's international bailout must be accelerated for the sake of the entire euro zone, as the far bigger Spanish economy suffered a credit rating downgrade.
Daily forex forecast - 29/4/2010
Australian Dollar: The Australian Dollar opens at 0.9250 this morning higher against the Greenback after another night of volatile trade.
U.S. office survival guide sees humor in job misery
Sometime during the recession, work -- or the lack of it -- became funny.
Ex-McDonald's visionary now beats his own investment drum
CHICAGO (Reuters.com) - When it comes to understanding U.S. sensibilities, European entrepreneur Mats Lederhausen has always been ahead of the curve.
Many workers lack useful job feedback: survey
A majority of U.S. workers do not clearly understand how to help their companies' meet objectives and most say they don't get useful feedback from supervisors, according to research released on Wednesday.
HP says to buy Palm in smartphone bet
Hewlett-Packard Co said it has struck a $1.2 billion deal for Palm Inc , offering a 23 percent premium to expand into the smartphone market.
SAP to release delayed Web software in July
SAP AG will start selling a long-delayed suite of Web-based software for running small to mid-sized businesses in July, a top company executive said on Wednesday.
BofA names Holliday chairman after annual meeting
Bank of America Corp named Charles Holliday as its chairman on Wednesday, hours after the largest U.S. consumer bank concluded its 2010 annual meeting.
Republicans to back down on financial reform
U.S. Senate Republicans on Wednesday were poised to clear the way for formal debate to begin on the most sweeping overhaul of financial regulation since the 1930s as they dropped efforts to block the bill.
Wall Street rises after Fed statement
U.S. stocks rose on Wednesday after the Federal Reserve pointed to signs of strength in the economy, comments that gave some relief to investors worried about possible debt defaults in Europe.
Wall Street gains as Fed offsets debt woes
U.S. stocks rose on Wednesday after the Federal Reserve pointed to signs of strength in the economy in comments that gave some relief to investors worried about debt defaults in Europe.
At Buffett gala, all that glitters is not Goldman
Almost two decades ago, as interim chairman of Salomon Inc, Warren Buffett worked to restore order at the Wall Street firm after a Treasury auction scandal. Integrity mattered more to him than a few dollars lost.
BofA holders OK one of seven shareholder proposals
Bank of America Corp investors peppered Chief Executive Officer Brian Moynihan with questions and complaints about its lending policies and dividend, but they rejected all but one of seven shareholder proposals at the company's annual meeting on Wednesday.
GOP blocks Senate financial reform for 3rd day
Senate Republicans blocked progress on landmark financial reform legislation for a third day on Wednesday, prompting Democrats to schedule an unusual overnight session to weaken resistance.
Goldman stock dead money at best, Calamos says
Calamos Investments sold its Goldman Sachs Group Inc holdings when the news of the civil fraud charges against the bank hit, fearing the stock was at best dead money, Co-Chief Investment Officer Nick Calamos said on Wednesday.
Could growth trump unemployment in election?
If the unemployment rate remains high, it is received political wisdom that President Barack Obama's ruling Democrats will be punished by the voters in congressional elections in November.
Europe charts route for electric car roll-out
Europe took the first steps toward a massive roll-out of electric vehicles on Wednesday, backing up past rhetoric with plans for pan-European standards that the industry has cried out for.
Forex - Fed renews low rate promise, upbeat on economy
The Federal Reserve offered a more upbeat view of the U.S. economy and employment prospects on Wednesday, even as it left interest rates on hold near zero and promised to keep them low for an extended period.
Fed renews low rate promise, upbeat on economy
The Federal Reserve offered a more upbeat view of the U.S. economy and employment prospects on Wednesday, even as it left interest rates on hold near zero and promised to keep them low for an extended period.
Greece ready to take steps to beat crisis
ATHENS, April 28 (Reuters) - Greek Prime Minister George Papandreou said the euro zone member state was ready to make the changes needed to emerge from its debt crisis.
Apple to host conference in June: new iPhone expected
Apple Inc will host its annual developers conference starting June 7, where the company is expected to unveil the latest version of the iPhone.
Dow Chemical profit, revenue spike; shares jump
Dow Chemical Co posted a stronger than expected first-quarter profit on Wednesday as higher pricing and volume pushed revenue up around the globe, news that lifted shares more than 5 percent.