Insurers lift Wall Street; Berkshire rating cut
Stocks snapped a two- day slide on Wednesday on news the government is shoring up life insurers and optimism about consumer spending after Bed Bath & Beyond Inc reported a better-than-expected profit.
Global stock gains ease after Fed mins
U.S. stock gains eased on Wednesday and risk aversion rose, driving bond prices higher, after minutes from the Federal Reserve's last meeting showed policy-makers worried about a steep drop in economic activity.
Analyst: 5-6 million new iPhones in production
Apple has already made plans to build between 5 to 6 million new iPhones, an analyst said Wednesday.
PluggedIn: Microsoft mobile photo service easier than Nokia's
Consumers are struggling to find an easy way to get files like photographs out of their phones to share with friends and family.
Microsoft mobile photo service easier than Nokia's
Consumers are struggling to find an easy way to get files like photographs out of their phones to share with friends and family.
Ford says has no interest in Chrysler brands
Ford Motor Co has no interest in acquiring any Chrysler assets or brands if the automaker is forced into bankruptcy, the president of Ford's Americas unit said on Wednesday.
G7 recession to rage on: survey
The recession chokehold that is gripping the world's richest nations won't loosen until late this year, and Reuters polls show the economic outlook has dimmed for 2009 despite a vigorous global stock market rally.
Wall St halts slide as insurers, retailers rally
Stocks snapped a two- day slide on Wednesday on news the government is shoring up life insurers and optimism about consumer spending after Bed Bath & Beyond Inc reported a better-than-expected profit.
Fed sees economy sliding further
Federal Reserve policy-makers, faced with bleaker forecasts for a rapidly worsening recession, decided to buy a substantial amount of U.S. Treasury and mortgage debt to halt the slide, minutes of their most recent meeting showed on Wednesday.
Belize
Belize is a peaceful, English-speaking country just two hours away from 3 major U.S. Gateways. With a diversity of adventure opportunities unmatched by any other country, the Belizean people have protected over 40% of the country as parks and natural reserves.
Acer third computer maker to test Android on netbooks
Google's operating system will not debut on netbooks anytime soon due to its browsing experience, said Acer executives.
Attract Employers with Your Business Card
Let's say you attend a business function. You meet a top tier prospect, and give her your card. As you are driving home, you realize that twenty other people may have approached that prospect and presented their business cards. So what will make your card stand out from the collected stack?
Analyst tells big banks to make money, or else
A banking analyst at Oppenheimer & Co said that when big banks proclaim that they are performing well, they better be right.
Sims creator Will Wright leaving Electronic Arts
Famed game designer Will Wright is leaving publisher Electronic Arts to focus on his own multimedia entertainment firm, the company said on Wednesday.
Alcoa shares rise as analyst sees cost cutting
Alcoa shares rose after analyst saw cost cutting progress inside it first-quarter loss.
Teck Cominco sells Kinross shares for $101 million
Teck Cominco said on Wednesday it sold the 5.6 million shares of Kinross Gold Teck acquired when it sold Kinross its 60 percent share of the Lobo-Marte gold property in Chile.
Wall Street split on Alcoa loss
Alcoa Inc stock see-sawed on Wednesday, with some on Wall Street seeing the aluminum producer's second consecutive quarterly loss as the glass being half full and others as half empty.
Shell, Gazprom sign LNG, pipeline supply agreements
Royal Dutch Shell and Russian gas giant Gazprom signed a series of gas supply agreements on Wednesday under which both parties will buy LNG from the Sakhalin II project in eastern Russia over 20 years.
Expect inflation as money from gov't policies buys rising commodities: Philipps
Author Kevin Phillips expects rising inflation, similar to the 1970s, as the economy recovers from the current recession.
Explaining the gov’t bank bailout loans plan
When it comes to paying back the financial bailout loans issued by the government in the last half year, the interests of taxpayers and banks come into play.
U.S. objects to involuntary bankruptcy for Madoff
U.S. authorities are opposing an effort to force Bernard Madoff into involuntary bankruptcy, a move some bilked clients contend would help ensure the confessed swindler's personal assets will be used to compensate his victims.
7 Ways to Escape from Job Captivity
Ever feel that your job holds you captive, so that you are practically imprisoned? My guess is that you can identify with this feeling of confinement quite easily.
Oil settles higher, but trims earlier gains
Oil settled above $49 a barrel on Wednesday, slightly up on the day but well off session highs on news that Federal Reserve officials still see a grim economic outlook.
American ethanol maker goes bankrupt due to low demand
Aventine Renewable Energy Holdings Inc., a U.S. based corn ethanol producer, filed for Chapter 11 bankruptcy in the District of Delaware on Wednesday due to shrinking profit margins.
Ship's captain reportedly held hostage after Somali hijack
The captain of a U.S.-flagged, Danish-owned container ship hijacked by pirates in the Indian Ocean is being held hostage on the ship's lifeboat, a crew member on the vessel told CNN on Wednesday.
Pulte to buy rival Centex for $1.3 billion
Pulte Homes said it would buy rival Centex Corp in a $1.3 billion all-stock deal to create the largest U.S. homebuilder, in what may be the first big merger in the consolidation of the badly beaten up sector.
Tech lifts Nasdaq, but Fed's view drags on Dow, S&P
The Nasdaq rose on Tuesday as investors bet that such bellwethers as Microsoft may be among the first sectors to see a recovery in demand, but the Dow and the S&P 500 were nearly flat on worries about the extent of the economic slump.
Has power grid been hacked? U.S. won't say
U.S. concerns about the potential for cyber-attacks on critical infrastructure extended to the American electrical power grid on Wednesday and experts pointed the finger anew at Chinese hackers, among others.
Norway
Norway is a long stretched country, reaching from an idyllic rocky coast with skerries in the south, to a wild and untamed meeting between land and sea in the north.
SEC to seek comment on short sale curbs
U.S. securities regulators will seek public comment on five proposals to curb short selling, blamed by some lawmakers and executives for deepening the financial crisis and driving down share prices.