 U.S. stocks rise as unemployment plummets243,000 new jobs were added to the U.S. economy in January, pushing unemployment down to 8.3% from 8.5%.
Market analysts were stunned by the improvement in employment, a major bellwether for the... | |
| Imogen Thomas dresses down for shopping Imogen Thomas was spotted in a dressed down look for her trip to Tesco in North London on Thursday - a far cry from her glamorous appearance at a party the night before.
The 29-year-old glamour... |
 Hope for eurozone debt as China indicates it may help in bailoutBEIJING - China, the holder of one of the world's largest foreign exchange reserves, has indicated it may get "more deeply involved" in resolving the European Union debt crisis.
This was stated... |
 Japanese electronic giant Panasonic forecasts staggering lossesTOKYO - Japan's Panasonic Friday predicted staggering annual loss of $10.2 billion, joining rivals Sony and Sharp who have also forecast combined losses of $6 billion.
Panasonic said it was headed... |
 Fear of recession eases as Eurozone service sector growsLONDON - The eurozone's service sector has shown some growth, marginal though, for the first time in four months, raising expectations that a recession could be kept at bay.
The Markit eurozone... |
 EU in grip of severe cold, facing gas supply crunchBRUSSELS - Several countries in Europe are facing gas supply crunch with severe cold weather driving up demand and drop in Russian supplies via Kiev, raising fears of a repeat of the 2009... |
 Government offers bailout to 7 debt-ridden NHS trustsLONDON - Seven National Health Services (NHS) trusts, including three in London, have been identified for a bailout from a 1.5 billion pounds government fund to relieve major financial pressures.
... |
| Caterpillar to close Ontario locomotive plant where workers resisted wage cut Caterpillar subsidiary Electro-Motive Diesel (EMD) has announced that it is transforming the lockout at its London, Ontario diesel-locomotive manufacturing facility into a plant closure. Six weeks... |
| Unique ministry celebrates new space The new SpringHouse Ministry Center is planning an open house Saturday, Feb. 4, from 1 p.m. to 4 p.m. in south Minneapolis. This is a beautiful renovated church at 610 W. 25th Street in the former... |
| Atypical weather in northern Minnesota sends Toro to Michigan's UP to test snowblowers In this Feb. 2, 2012 photo, Joe Stein tests a snowblower at the Gogebic-Iron County Airport in Ironwood, Mich.. The Toro company is testing here because of lack of snow in northern... |
| Bilbray went to bat for energy aid Issa-backed carmaker closes without energy aid Rep. Brian Bilbray, who said he worried about political pressure on the Department of Energy in approving $535 million in loan guarantees to solar-panel... |
| For Facebook 'Hacker Way' is way of life This Dec. 13, 2011 file photo, shows of worker inside Facebook headquarters in Menlo Park, Calif. Facebook, the social network that changed "friend" from a noun to a verb, is expected to... |
| Greece: Debt talks must be done by late Sunday ATHENS, Greece - Greece’s finance minister says negotiations for bailout deals must be completed by late Sunday. Evangelos Venizelos said talks in Athens with rescue creditors for a new (euro)... |
| Giants' Cruz knows Super Bowl win can profit his clothing line INDIANAPOLIS -- Having salsa danced his way into the hearts of millions, Giants wide receiver Victor Cruz is hoping to make his way into their closets with his men's clothing line.Started with... |
| Sony quietly cuts 100 US jobs as it reshapes operations SAN DIEGO, Calif. -- Sony Electronics, the US arm of the Japanese consumer products company, has cut around 100 workers from its ranks over the past several weeks, AllThingsDigital has learned.Though... |
| Walmart to start sharing its sales data Walmart is finally opening the kimono. After decades of zealously guarding its sales data as top secret, the world’s biggest retailer has begun to make it available - most recently in a deal... |
| Allen Stanford's former CFO testifies that jailed financier bribed Antiguan bank officials in exchange for helping ward off regulators HOUSTON - Jailed financier R. Allen Stanford bribed Antiguan bank officials in exchange for their help in warding off American regulators scrutinizing his shady Caribbean bank, Stanford’s... |
| Apple the target of playwright's ire over Chinese worker abuse exploited and abused workers in China , for almost 18 months. Daisey played to small but appreciative crowds across the US, winning critical praise but stirring little trouble, not even with the... |
| Apple's iPhone Business is Now Larger Than All of Microsoft Microsoft . I’ll confess that while I was aware of the numbers I obviously wasn’t paying attention as this point hadn’t occurred to me. Parislemon... |
| Where now for Microsoft and Windows Phone? Nokia Concept Devices (Wikipedia) Apple have had a historic quarter, Android devices have the lions share of the market, so where now for Windows Phone? Let’s be honest here, Microsoft will... |
| Think Your Tax Rate Is Too High? Try Paying 102% "I realize I am very fortunate, and in fact I am a member of the 1 percent," Mr. Ross wrote in an email. His rsum is studded with elite institutions: Yale, Columbia Law School and stints at... |
| Syrian Activists: 200 Dead in Government Assault Syrian forces hammered restive neighborhoods in the city of Homs for hours with mortars and artillery Saturday, sending terrified residents fleeing into basements and killing more than 200 people in... |
| Bank Recapitalization Agreed, Issues Remain: Greece Greece has agreed with euro zone partners on how to recapitalize Greek banks after a planned bond swap, but has yet to resolve issues related to labor reform and spending cuts in talks with lenders,... |
| Greek Labor Reforms, Fiscal Measures Sticking Points for Troika Feb. 4 (Bloomberg) -- Greek Finance Minister Evangelos Venizelos said talks with international creditors had made progress with two major issues still to be... |
| ECB Said to Consider Ways to Use Bond Holdings in Greek Rescue Feb. 4 (Bloomberg) -- The European Central Bank is considering using its bond holdings to bolster Greece’s next rescue program and support efforts to contain the sovereign debt crisis, three... |
| Obama Promotes Homeowner Plan to Eliminate U.S.’s ’Biggest Drag’ Feb. 4 (Bloomberg) -- President Barack Obama is asking Americans to press Congress to pass his new U.S. homeowner relief plan that includes a tax on financial companies that Republicans have already... |
| Romney’s ‘Very Poor’ at Highest in 35 Years as Safety Gaps Grow Feb. 3 (Bloomberg) -- Republican presidential candidate Mitt Romney’s statement that the "very poor" don’t concern him comes at a time when the portion of Americans living in... |
| Greece says bank recapitalization agreed, but issues remain ATHENS (Reuters) - Greece has agreed with euro zone partners on how to recapitalize Greek banks after a planned bond swap, but has yet to resolve issues related to labor reform and spending cuts in... |
| Risky Mortgage-Bond Trading Rise May Invite Fed Sale NEW YORK – Trading in the riskiest mortgage-backed securities has more than doubled since the start of the year, encouraging once-shy investors to try to strike deals with motivated sellers,... |
| OAS battle no retirement crisis The idea of hiking the OAS eligibility age from 65 to 67 has led to a huge political battle -- and lots of angry seniors -- but it's a stretch to call this a retirement... |
| Brands tap into Facebook's power Marie-Jose Lamothe learned her Facebook lesson the hard way. As the chief marketing officer for L'Oreal Canada, Ms. Lamothe understands that sampling is the cornerstone of cosmetics marketing,... |
| Are mega caps ready to wake up? Although many U.S. mega cap stocks are among the biggest and most successful companies in the world, their valuations have wallowed in mediocrity during the past 10 years. But as investors continue... |
| Put your child’s money to work Maybe you can't make your child work, but you can make their investments work for you. If you have unregistered money, at least $100,000 makes it worthwhile, RBC Wealth Management says a family... |
| Canada launches new oil sands monitoring policy Stung by criticism of its oil sands development, the federal and Alberta governments have stepped up to launch a new plan to improve environmental monitoring in the province. "The Alberta oil... |
| Signs point to more strong jobs growth: Expert (CBS News) There are indications the economy is getting stronger. The Labor Department said Friday 243,000 jobs were added last month, the largest gain since April of last year, and the unemployment... |
| Hackers apparently hit Swedish government site STOCKHOLM -; A group linked to the hacker network Anonymous says it has attacked the Swedish government's website and shut it down by overloading it. CyberForce used Twitter to claim... |
| EconoMeter: How much should the wealthy be taxed? James Hamilton Answer: NO Raising taxes always has some undesirable consequences, regardless of who pays them. In the case of capital income, that income has already been taxed once through the... |
| SD restaurants expecting rebound in 2012 The National Restaurant Association releases its industry forecast The National Restaurant Association has issued a rosy forecast for 2012, predicting that sales across the country will reach a... |
| CEO of chip maker Micron dies in plane crash BOISE, Idaho - The image Steve Appleton cultivated as a stunt pilot and off-road rally driver became the perfect metaphor for his wild, 18-year ride as the leader of Micron Technology Inc., where... |
| JCPenney Stands by Ellen DeGeneres as Spokeswoman said on Friday said it fully backs its partnership with chat show host Ellen DeGeneres after a conservative group urged the retailer to reconsider hiring DeGeneres as a spokeswoman because she is a... |
| Zuckerberg May Sell $1.67 Billion in Facebook Stock to Pay Taxes Feb. 4 (Bloomberg) -- Mark Zuckerberg may sell about $1.67 billion of Facebook Inc. stock in the company’s initial public offering to pay off taxes he will owe when he exercises options to buy... |
| Malema Loses Appeal Against Suspension From South Africa’s ANC Feb. 4 (Bloomberg) -- Julius Malema, leader of the Youth League of South Africa’s ruling African National Congress, lost an appeal against his suspension from the party, the disciplinary... |
| National Fuel's earnings rise 3.7% National Fuel Gas Co. had a very good first quarter despite head winds created by an unseasonably warm winter and lower gas prices, says chairman and CEO David F.... |
| US Jobs Rise Boosts Hopes For World Economy The global economy received a boost after better-than-expected US jobs figures pushed the Dow Jones stock market index to its highest level since before the 2008 financial... |
| Hungary seeks 15-20 billion euro IMF/EU credit line: official BUDAPEST (Reuters) - Hungary is seeking an international credit line of 15 to 20 billion ($20 to $26.3 billion) euros, the secretary of state heading the prime minister's office, Mihaly Varga,... |
| Deutsche Boerse board member wants CEO out: paper Reto Francioni, CEO of Deutsche Boerse AG (German stock exchange) delivers a speech a news conference at the Frankfurt stock exchange February 1,... |
| Jill on Money: Real estate, saving, annuities MP3 )The Facebook IPO was all the rage, but not for "Jill on Money" listeners, who wanted to talk about real estate, savings and annuities. If you want a quick summary of the Facebook IPO,... |
| Google Privacy Policy: Close But No Cigar Last week was a pretty good one for the notion of privacy in America, which has increasingly become forlorn and tattered as a result of the advancement of digital technology. First, the Supreme Court... |
| Jobs Report Lifts Dow to High Mark A drop in the unemployment rate to its lowest level in three years propelled the Dow Jones industrial average Friday to its highest close since May 2008. The Nasdaq composite index hit an 11-year... |
