 Wall Street withstands lower GDP figureThe major indices finished flat Friday despite a weaker than expected GDP figure for the June... | |
 $718 million deposits at LibertyBank seized by state regulator The more than 25-year old bank was shut on Friday as the FDIC took over as... |
 Incoming BP CEO vows long term support for Gulf residentsBP will begin scaling back its oil containment efforts, CEO-elect Robert Dudley told reporters on his first trip to the Gulf since the board... |
 Coastal Community and Apalachicola State Bank closed The banks origins date back to 1897 when Apalachicola State Bank was... |
 June quarter GDP comes in lower than expectedFirst quarter growth was revised upwards to an annualised 3.7% growth... |
 Spain unemployment double EU averageSpain's economy continues to take a hammering with the latest unemployment figures showing the highest levels in thirteen... |
 Cowlitz and Bay Bank branches in Washington and Oregon closedBank branches across Washington and Oregon were closed on Friday as the Cowlitz Bank group... |
 BA fails to make profit in second quarterBA has reported a loss of over £200 million in the second quarter of 2010, but still sees breakeven or profit for end of... |
 Centennial Bank takes over troubled Bayside Savings BankBayside Savings Bank is the third bank to fail in Florida in the past... |
 NorthWest Bank and Trust is terminatedThe NorthWest Bank and Trust, of Acworth, Georgia is no... |
 Terminal 3 opened at Indira Gandhi International AirportThe first flights have been arriving this week at India's newest and largest air... |
| Software giant selects Microsoft Turkiye as partner country of year World's leading computer software & electronics company Microsoft Corporation has selected its partner Microsoft Turkiye as the "partner country of the year". Microsoft... |
| Those predicting double dip recession may be helping to cause one by raising consumer anxiety WASHINGTON - They're a minority, but a vocal one, and they're hovering like storm clouds over a brittle recovery. They're the Double Dippers — the politicians, economists and analysts who... |
| AP EXCLUSIVE: On tour of oil production rigs, Salazar says deepwater drilling ban to continue ON THE GULF OF MEXICO - The helicopter passes over the blue waters of the Gulf of Mexico — with surprisingly little oil visible on its surface — when out of the sea rises a... |
| Coal India IPO likely between Oct 18-21 KOLKATA: The country's largest coal producer, Coal India Limited (CIL), expects to make its maiden public offering of shares between October 18 and 21, a top official said on Saturday. "Our IPO... |
| China No. 2 eco, topples Japan BEIJING: China has overtaken Japan to become the world's second-largest economy, the fruit of three decades of rapid growth that has lifted hundreds of millions of people out of poverty. ... |
| Obama: Republicans holding small businesses "hostage" By Ross Colvin WASHINGTON (Reuters) - U.S. President Barack Obama Saturday accused Republicans of holding American small businesses "hostage to politics" after Republican senators refused to... |
| ICICI Bank Profit up 17 Percent on Better Loans ICICI Bank, India's largest private sector bank, said quarterly profit rose 17 percent as it cut costs and eliminated bad loans amid revived credit demand in India's growing economy. Net profit in... |
| Obama Decries GOP Over Small Business Lending Bill President Barack Obama waves as he exits Air Force One at Andrews Air Force Base, Md., Friday, July 30, 2010, after returning from a trip to Michigan. (AP Photo/Cliff Owen) (AP) President Barack... |
| Poles Hope Deadly Knights Will Now Bring Some Good They were bloody medieval warriors who spread Catholicism by the sword and seized Polish lands with great cruelty. But that's not stopping the Polish city of Kwidzyn from capitalizing on the aura... |
| India's ICICI Bank says quarter profits up 17 pct, to $221 million, on better loans MUMBAI, India - ICICI Bank, India's largest private sector bank, said quarterly profit rose 17 percent as it cut costs and eliminated bad loans amid revived credit demand in India's growing economy.... |
| Obama decries Republicans for blocking $30 billion small business lending bill WASHINGTON - President Barack Obama said Saturday that the GOP stance on a small business lending bill is proof the country "can't afford the do-nothing policies and partisan maneuvering that... |
| ATF prices to go up by 2.7% from midnight NEW DELHI: State-owned oil firms today raised jet fuel, or ATF, prices by 2.7 per cent after lowering the rates at the last fortnightly revision on July 16. Aviation Turbine Fuel (ATF) rates in... |
| New Sundance Chairman Resumes Iron-Ore Talks With Cameroon YAOUNDE, Cameroon -(Dow Jones)- The new acting chairman of Sundance Resources Ltd. (SDL.AU), George Jones, began meeting with top Cameroon government officials to finalize negotiations that could... |
| Jamaica sells 3 sugar plants to China's Complant July 31, 2010 KINGSTON (Reuters) - China National Complete Plant Import & Export Co Ltd signed a US$9 million agreement on Friday to buy three Jamaican government-owned sugar factories. ... |
| BP may sell German gas stations for $2.6 billion VIENNA (Reuters) - BP Plc is seeking to sell its German petrol station chain Aral for around 2 billion euros ($2.6 billion), German magazine Wirtschaftswoche reported on Saturday, citing investment... |
| Video: Ask CBS News: Media to Blame for Economic Crisis? From a question via Facebook as part of the ongoing series, "Ask CBS News," Katie Couric asks senior business correspondent Anthony Mason if the media's negative portrayal of the economy has... |
| Video: Raging Wildfire in So. Calif. A wall of flames roared through the hills just outside Los Angeles Thursday night, as fire officials continue to fight to control the blaze. Ben Tracy reports from Palmdale,... |
| Video: BP Scales Back Families of soldiers serving at war often worry that they will one day face that dreaded knock at the door. Terry McCarthy reports on the spouses back home of the "Thundering Third"... |
| Video: Main Street's Slow Recovery Friday: Economic recovery not as strong as originally thought; Also, military spouses face dread over bad news; And, a farm sanctuary that helps both animals and... |
| Video: Economic Recovery Slowdown There have been some troubling signs lately of a fiscal slowdown for the U.S. economy. As Anthony Mason reports, economic growth was down in the second quarter of this... |
| Video: World's Most Expensive Hot Dog It's official; the Guiness World Records has declared the "haute dog" at New York's legendary Serendipity 3 as the most expensive hot dog in the world, at $69 a serving. CBSNews.com's Karina Mitchell... |
| GM Hikes Production Capacity for Volt by 50% (AP) General Motors said Friday that it is boosting production capacity for its new Chevrolet Volt due to strong public interest in the electric car that goes on sale this year. GM will now have a... |
| Gas Station Owners Divided on Nixing BP Brand (AP) BP gas station owners across the country are divided over whether the oil giant stained by its handling of the Gulf spill should rebrand U.S. outlets as Amoco or another name as part of its... |
| Stanford Said to Name Hewlett-Packard’s Frier to Endowment Post July 31 (Bloomberg) -- Stanford University, the third- richest U.S. college, plans to name Ken Frier chief investment officer, filling a position that’s been open more than two years, according... |
| Loonie’s First Monthly Gain Since April Reflects Growth Appeal July 31 (Bloomberg) -- Canada’s dollar strengthened against its U.S. counterpart in July, the first monthly gain since April, as increases in equities and commodities bolstered the appeal of... |
| 'Many of India's billionaires have made money by their proximity to govt' You refer in your book to the fact that India has the second largest number of billionaires per trillion dollars of GDP as a "dubious distinction". Why? It was second largest to Russia before... |
| SecurityCoverage Partners with Microsoft to Protect Customers SecurityCoverage joined the Microsoft Active Protections Program (MAPP), and will be provided with vulnerability information in advance of Microsoft's monthly security update... |
| Matrox to Demonstrate Extio KVM Extension Technology at 2010 Honeywell Users Group Pacific Symposium DORVAL, QUEBEC CA July 31, 2010 /24-7PressRelease/ -- Matrox Graphics, provider of the most extensive range of advanced multi-display graphics hardware for process automation systems, is proud to be... |
| Zambia 2010 Copper Output Seen 7% Up On Year--Central Bank DOW JONES NEWSWIRES Zambia's 2010 copper output is projected to increase by at least 7% on the year as the country's mines continue to ramp up output following the recovery of global copper prices,... |
| Debris in Relief Well Sets Back Work on Gusher Tropical Storm Bonnie left crews working to plug the Gulf oil gusher a little memento that is expected to push their work back about a... |
| Paperwork Nightmare: A Struggle to Fix New Law Tucked into the nation's massive new health care law is a requirement that could become a paperwork nightmare for nearly 40 million businesses. The rule: They must file tax forms for every vendor... |
| House Approves Oil Spill Bill; Stalled in Senate Demonstrator Mary Ann Thomas wears chocolate syrup on her face next to a similarly stained stuffed duck on a fence during a protest in Berkeley, Calif. on Friday, July 30, 2010 to mark the 100th day... |
| Abbott Overtakes Gillard in Pre-Ballot Australia Poll July 31 (Bloomberg) -- Australian opposition leader Tony Abbott’s coalition has an election-winning lead over Prime Minister Julia Gillard’s Labor Party with three weeks of campaigning... |
| Arizona immigration law appeal set for November July 31, 2010 * Court to hear Arizona's appeal on immigration law * Request for expedited hearing denied PHOENIX, Ariz. (Reuters) - A U.S. court denied a request for an expedited hearing... |
| Arena Rises As Editorial Raises Questions About Rival ARNA ) stock rose 14% on optimism for its experimental weight-loss drug Lorcaserin, after an editorial in a medical journal raised questions about the need for more data from a potential rival... |
| Judge Bars Expansion Of Mosaic Co Florida Phosphate Mine MOS ) from expanding a key phosphate mine in Florida due to environmental concerns. The ruling Friday evening by a federal district court judge in Jacksonville, Fla., found that the Sierra Club and... |
| Out of Pilots, Philippine Airline Grounds Flights Good morning, passengers, and welcome aboard. We're expecting clear skies today, but we're out of pilots. National air carrier Philippine Airlines had to cancel at least five flights Saturday —... |
| Seardel sees loss 23.4 cents vs 53.3 cents earnings Submit your comment Seardel last week reported that its headline loss per share for the six months ended September 2009 was at 23.4 cents, down 56.2 percent from the 53.3 cents reported last year. ... |
| HCI: Seardel gives earnings boost Submit your comment Hosken Consolidated Investments (HCI) reported a 17 percent rise in full-year earnings yesterday, helped by growth in its media business and its stake in textile firm Seardel. ... |
