INVESTMENT

A board at the New York Stock Exchange shows the final trading numbers for the day

Insight: Wall Street Slide Sends Waves Across Economy

A scary drop in stocks and commodities threatens to squeeze life out of an already faltering U.S. economy, with deal-making, investment in plants and equipment, and capital raising at risk of slowing down or freezing up.

Gold bounces as Asian stocks dive; premiums steady

Gold
Gold edged up more than half a percent on Friday as investors used bullion to shelter from the storm engulfing financial markets on concerns that the United States may be facing another recession and Europe's debt crisis is spreading to some of its largest economies.

Buyers ditch usual optimism after Wall Street mauled

A Trader works on the floor of the New York Stock Exchange
After the terrible rout in markets on Thursday investors spoke of holding fast and even poking around for buying opportunities, but that's hard when the market is likely facing another weak U.S. jobs report on Friday.
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Charles Koffi Diby

Ivory Coast finance minister pledges to tackle debt

Ivory Coast's levels of public investment will be "insignificant" over the next couple of years as the conflict-torn nation uses available funds to tackle its mounting debts, Finance Minister Charles Koffi Diby said on Thursday.
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Sustainable Mobility for Generation Y

I recently set out to look into all electric car sharing programs, like the one recently started in San Diego by car2go. After a little research into the program - run by a wholly-owned subsidiary of Daimler, stocked with Daimler Smart Fortwo EVs, and using ECOtality charging infrastructure - I became even more interested in the diversifying products of auto manufacturers. A number of auto OEMs around the world are starting to look like one-stop-shop transportation companies, investing in car sh...
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Dow Plunges: Wall Street Worries Meeting Main Street Woes

The Dow is plunging, as stocks are coming back to the woes that Main Street has grappled with since the recession. Stocks had soared this year while Main Street America grappled with slow growth and high unemployment.

Kraft's Rosenfeld breaking up food giant she built

Kraft Foods Inc Chief Executive Irene Rosenfeld is breaking up the food giant, just 18 months after driving through the controversial acquisition of UK chocolate maker Cadbury.
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Instant View: Jobless Claims Edge Down Last Week

New U.S. claims for unemployment benefits were little changed last week, a government report showed on Thursday, pointing to a marginal improvement in the labor market.
Traders work on the floor of the New York Stock Exchange

Search on For Safe Investment Ports in Crisis

The global economy is more sluggish than first thought, government bonds offer no real return, gold is super expensive and stock markets sell off at the slightest setback.
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KKR's lower earnings miss estimates, shares fall

Private equity firm KKR & Co reported lower-than-expected second-quarter earnings on Wednesday as investment income declined and the value of its investments rose less than the previous year, sending its shares lower.
Robert Mugabe

Essar to invest up to $4 bln in Zimbabwe steel plant

Indian conglomerate Essar plans to spend up to $4 billion constructing a plant to process iron ore from Zimbabwe's Mwanesi resource within the next five years, Industry and Commerce Minister Welshman Ncube said on Wednesday.
A couple walks on the grounds of the U.S. Capitol Building during a snow storm in Washington

U.S. rating maintained by Moody's and Fitch

The United States had its triple-A rating confirmed by two key ratings agencies on Tuesday after Washington struck a last-minute deal to avoid a debt default, but threats of future downgrades remain.
Bull and a bear styrofoam figurines are pictured at the trading floor of Frankfurt's stock exchange in a wide-angle picture taken during morning trading session

Stocks negative on the year, gold hits record

Major stock indexes around the world lost all of their gains on the year and gold hit a record on Tuesday after a deal to raise the U.S. debt ceiling gave no comfort to investors preoccupied with sluggish global growth.
Verizon Communications Inc. (NYSE: VZ)

Verizon, Comcast Exceed Speed Expectations, Says FCC Study

Internet service providers actually met -- and sometimes exceeded -- the speeds they advertised despite previous stereotypes, according to a report released on Tuesday by the U.S. Federal Communications Commission

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