General Mills Q4 profit falls, meets forecast
Food company General Mills Inc. on Thursday said quarterly profit fell 52 percent from a year earlier, when it recorded a big gain from selling some businesses, and forecast profit for the current fiscal year that was slightly below Wall Street forecasts.
Boeing to take up to $1.1 billion in charges
Boeing Co. said on Thursday it will take up to $1.1 billion in charges to cover the costs of two delayed surveillance aircraft contracts and the previously announced settlement of U.S. government investigations into its defense unit.
FTSE 100 at 3-week high as oils and miners jump
Britain's FTSE 100 share index hit a 3-week high on Thursday, fired up by strong resources and bank stocks, although trading levels were modest ahead of a U.S. interest rate decision.
Banks saw HSBC and Royal Bank of Scotland gain 1.1 percent, while Barclays put on 1.5 percent.
Diversity and Networking
When it comes to business networking, you never know who people know. One of the important keys to being successful at building a powerful personal network is diversity.
Morgan Stanley sees foreigners returning to Japan
Foreign investors are likely to return to Japanese stocks as companies begin to lift their earnings forecasts this summer, and could help boost the TOPIX index as much as 18 percent by the end of this year, Morgan Stanley's Japan equity strategist said on Wednesday.
Dollar firm, awaits Fed rate decision, statement
The dollar edged higher across the board on Wednesday as investors awaited signals from the Federal Reserve on further interest rate hikes which may accompany a rise widely anticipated for later this week.
Markets stall as Fed meeting looms, oil at $72
Financial markets stalled on Wednesday as uncertainty about when the Federal Reserve will end its monetary tightening campaign kept investors sidelined, while crude oil rose above $72 a barrel on worries about U.S. gasoline supplies.
Nikkei falls 1.7 pct as Bridgestone slides
The Nikkei fell 1.74 percent on Wednesday as tyre maker Bridgestone Corp. a day earlier cut its profit forecast citing higher raw material costs, pulling down its own shares and those of rivals and chemical makers.
UK stocks head higher as takeover action returns
Takeover action spurred UK stocks higher on Wednesday, with music group EMI surging after rejecting a bid from Warner Music and steelmaker Corus rising on talk of a possible offer from Russia's Severstal.
U.S. stocks set to open up on energy; focus on Fed
U.S. stock futures rose on Wednesday, suggesting a higher open on Wall Street before the start of the Federal Reserve's two-day policy meeting, with energy shares set to lead the way.
India's Emerging Elite: The Accidental Developers
In a rush to build shops, offices and houses worthy of a thriving economy, a new elite is emerging in India - young men asked to turn plots of family land into a property business.
Japan Real Estate No Longer an Easy Ride
Investors in Asia's biggest property market, Japan, will need to be more selective and work harder on refurbishing buildings to make good returns as the cost of borrowing increases, fund managers say.
GM says 35,000 Accept Early Retirement Package
qGeneral Motors Corp. said on Monday that 35,000 workers - or almost a third of its hourly work force - had accepted payouts to retire and leave the company, topping expectations and putting the world's largest automaker two years ahead of schedule on planned job cuts.
Shop smart for long-term care insurance
Long-term care insurance isn't new anymore. Insurance companies are getting smarter about how to write their plans, and financial advisers are getting more savvy about how to choose them.
Virgin Tip Sparked BA Cartel Inquiry
A tip off by Virgin Atlantic Airways triggered an investigation into alleged airfare price-fixing by British Airways after it passed on information to Britain's Office of Fair Trading (OFT) about its arch rival, an industry source said on Saturday.
Wall St. Week Ahead: For Stocks, Fed's Rate Move in Focus
Fed watchers are set to take over on Wall Street next week as a Federal Open Market Committee meeting could give stock investors more clues on the outlook for interest rates.
Energy Deals Flourish Even With Lofty Price Tags
Anadarko Petroleum Corp.'s blockbuster $21 billion move on Friday to buy two sizeable U.S. oil and gas companies signals that a rush is on to grab energy assets, even with their lofty price tags.
Televisa Group Bids for Univision
An investor group led by Mexican broadcaster Televisa submitted a bid for Univision Communications Inc. on Friday, but a rival offer expired, casting new doubts on a closely watched auction for the largest U.S. Hispanic broadcaster.
U.S. Treasuries Slip More On Rate Hike Expectations
U.S. Treasury debt prices slipped on Friday, dropping for the eighth straight day on expectations the Federal Reserve will raise interest rates next week and perhaps again in August.
Stocks Rally on Strong U.S. Earnings, Yen Slips
Stock markets rallied on Thursday on hopes that strong earnings will continue with mining companies among the top gainers on the back of a jump in commodity prices.
Adobe to be Google's latest Web search distributor
Adobe Systems Inc. said on Wednesday Google Inc. had agreed to pay the multimedia software maker a significant amount to distribute the Web search leader's software.
Chrysler to offer new discounts in July to clear glut
Chrysler Group, a unit of DaimlerChrysler AG, will roll out a new program of discounted vehicle pricing in July in a move intended to clear an overhang of unsold 2006 models, the company said on Wednesday.
UK and US launch probe into airlines pricing
Britain's Office of Fair Trading (OFT) and the U.S. Department of Justice are investigating alleged cartel activity involving British Airways Plc (BA) and other airlines, BA said on Thursday.
Sony Launches Movies In Next-Gen DVD Battle
The battle for the next generation of DVDs intensified on Tuesday as Sony Corp. released its first set of seven movies for the new Blu-ray Disc format to coincide with the sale of the first new player this week by Samsung.
Electronic Arts Buys Mythic Entertainment
Electronic Arts, the videogame developer and distributor, announced on Tuesday that it will buy Virginia-based Mythic Entertainment.
Investing: Screening for bargains
If recent stock market declines have you shopping for bargains, you may want to use an Internet-based screening tool to find them.
Kraft: Major Takeovers Tough Before Spin-Off
The world's second-largest food company, Kraft Foods Inc., said on Wednesday that large acquisitions would be difficult to make ahead of its full spin-off from majority owner Altria Group Inc.
Apple in talks to offer movies at iTunes
Apple Computer Inc. is in talks with most of Hollywood's studios to offer movie downloads via its popular online iTunes Music Store, show business newspaper Daily Variety reported on Monday.
Traditional Media Rules Retail -- For Now
U.S. retailers, always on the lookout for hot trends, appear to be deliberately behind the times when it comes to advertising.
Stock Futures Mixed Ahead of Housing Data
U.S. stock futures on Tuesday pointed to an uncertain start after two sessions of losses, with the housing sector in renewed focus ahead of housing starts data.