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Business News >> Top News

Nasdaq vaults to 11-year high on surge in jobs (Reuters)

A trader yells out prices during the Initial Public Offering of Greenway Medical Technologies Inc. on the floor of the New York Stock Exchange February 2, 2012. REUTERS/Lucas JacksonReuters - A surge in hiring in the world's largest economy last month drove the Nasdaq to an 11-year high on Friday as optimism grew that the labor market is on a steady path to recovery.



02/03/2012 - 04:42 PM

 

Jobless rate at 3-year low as payrolls surge (Reuters)
Reuters - The United States created jobs at the fastest pace in nine months in January and the unemployment rate unexpectedly dropped to a near three-year low, giving a boost to President Barack Obama.
02/03/2012 - 05:14 PM

 

Analysis: Stock-picking makes a comeback as macro tides fade (Reuters)
Reuters - Stock-picking once again matters on Wall Street.
02/03/2012 - 02:44 PM

 

New York sues banks over electronic mortgage system (Reuters)
Reuters - New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices.
02/03/2012 - 05:54 PM

 

Wall Street analysts struggle to predict Apple (Reuters)
Reuters - Leitao is part of a cadre of amateur forecasters, bloggers and hobbyists who sift through reams of data every quarter to guess at Apple's quarterly results - often putting professional analysts to shame by coming up with more accurate predictions.
02/03/2012 - 05:50 PM

 

A list of notable IPOs on the Nasdaq and NYSE (AP)
AP - Some recent high-profile stock offerings on the New York Stock Exchange and Nasdaq:
02/02/2012 - 05:22 PM

 

U.S. Companies 'Yammer' for a Productivity Revolution (ContributorNetwork)
ContributorNetwork - SAN FRANCISCO -- In a pleasant surprise, the Department of Labor has reported an another increase in total nonfarm employment. The U.S. added 243,000 jobs in January, ticking the unemployment rate to 8.3 percent.
02/03/2012 - 01:58 PM

 

Aon Q4 profit rises, but margin pressures persist (Reuters)
Reuters - Aon Corp posted a higher quarterly profit that narrowly beat market estimates, but the world's largest insurance broker continued to face margin pressures in its Aon Hewitt segment for the second-straight quarter.
02/03/2012 - 10:54 AM

 

Report: Monti says Italy a "safe place" (AP)

US Secretary of State Hillary Rodham Clinton arrives at the Security Conference on Saturday, Feb. 4, 2012 in Munich, Germany. Politicians and military representatives will join for the 48. Munich Security conference from Friday, Feb. 3 until Sunday, Feb. 5, 2012.(AP Photo/Frank Augstein)AP - Italy is now a "safe place" amid market turbulence, Premier Mario Monti said in an interview published Saturday, pressing for Europe to turn its political energy to generating growth rather than further plans to strengthen budget discipline.



02/04/2012 - 04:22 AM

 

NY's Schneiderman sues banks in foreclosure effort (AP)
AP - New York's attorney general on Friday accused some of the nation's largest banks of deceit and fraud in using an electronic mortgage registry that he said puts homeowners at a disadvantage in foreclosures.
02/03/2012 - 01:35 PM

 

Clinton: US, Europe must do more against tyrants (AP)

US Secretary of State Hillary Rodham Clinton arrives at the Security Conference on Saturday, Feb. 4, 2012 in Munich, Germany. Politicians and military representatives will join for the 48. Munich Security conference from Friday, Feb. 3 until Sunday, Feb. 5, 2012.(AP Photo/Frank Augstein)AP - The Obama administration on Saturday called for stepped up U.S.-European cooperation to isolate tyrannies like the Assad regime in Syria, promote democracy in the Arab World and beyond and repair damage from the global financial crisis.



02/04/2012 - 04:41 AM

 

Euro zone sales tumble at Christmas, no sign of growth (Reuters)
Reuters - Retail sales in the euro zone tumbled unexpectedly in December, the biggest drop in the Christmas period in three years, data showed on Friday, with rising joblessness and stubborn inflation undercut signs of a stabilization in Europe's economy.
02/03/2012 - 06:38 AM

 

Romney focuses on Obama, Gingrich on Romney in NV (AP)

Republican presidential candidate, former House Speaker Newt Gingrich speaks at Stoney's Rockin Country, Friday, Feb. 3, 2012, in Las Vegas, Nev.  (AP Photo/Evan Vucci)AP - A confident Mitt Romney accused President Barack Obama of failing to do enough to create jobs as he campaigned Friday ahead of GOP presidential caucuses this weekend in a state with sky-high unemployment and foreclosure rates. Newt Gingrich, who is fighting for a respectable showing here, rolled out a fresh line of criticism by comparing the former Massachusetts governor to Obama.



02/03/2012 - 06:35 PM

 

Iran calls on EU to review oil embargo decision (Reuters)
Reuters - Iran's oil minister called on the European Union to review its decision to impose sanctions on the Islamic state's oil exports and said that the international oil market was balanced.
02/04/2012 - 03:52 AM

 

Arizona Senate approves motion picture tax credit (AP)
AP - The Arizona Senate has approved a bill creating a tax credit for motion picture production in the state.
02/03/2012 - 10:42 AM

 

Detroit automakers say 'no' to Japan joining trade talks (Reuters)
Reuters - Detroit automakers are urging President Barack Obama to reject Japan's bid to join talks on a regional free trade agreement, the head of an automotive group representing GM, Ford and Chrysler said on Thursday.
02/03/2012 - 12:30 PM

 

 

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