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| Business Headlines |
| Fed Beige Book: some higher costs passed on
(Reuters)
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| Reuters - U.S. businesses were able to raise
prices for consumers in some areas even as the economy
weakened, the Federal Reserve said in a report on Wednesday
showing higher energy and commodity prices are causing
inflation pressures.
-- read full article |
| Wed, 11 Jun 2008 18:18:31 GMT - Yahoo! News: Business |
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| Japan revises up 1st quarter GDP to 4 percent
(AP)
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| AP - Japan on Wednesday raised its reading for economic growth in the first quarter, driven up by a stronger-than-expected increase in capital investment. But economists warned the world's No. 2 economy could slow to a standstill later this year. -- read full article |
| Wed, 11 Jun 2008 05:55:44 GMT - Yahoo! News: Business |
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| Icahn and shareholders raise pressure on Yahoo board
(Reuters)
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| Reuters - Yahoo Inc's board of
directors came under increasing pressure over an employee
severance plan on Tuesday, with shareholders suing the company
demanding a swift trial and investor Carl Icahn threatening to
hold the board "personally liable" for approving it.
-- read full article |
| Wed, 11 Jun 2008 05:19:54 GMT - Yahoo! News: Business |
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| Toyota to start lithium-ion battery output in 2009
(Reuters)
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| Reuters - Toyota Motor Corp (7203.T) said on
Wednesday its battery joint venture with Matsushita Electric
Industrial Co (6752.T) will start full-scale production of
lithium-ion batteries in 2010 as it aims to roll out more
electricity-driven cars over the next few years.
-- read full article |
| Wed, 11 Jun 2008 05:53:21 GMT - Yahoo! News: Business |
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| Lehman may raise capital from Korea: report
(Reuters)
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| Reuters - Lehman Brothers almost
struck a deal with Korean financial institutions as part of
raising $6 billion in capital, and may yet arrange one by the
end of the year, the Financial Times reported on its website on
Tuesday, citing people familiar with the matter.
-- read full article |
| Wed, 11 Jun 2008 07:27:00 GMT - Yahoo! News: Business |
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| Goody's Family Clothing files for Chapter 11
(AP)
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| AP - Privately owned Goody's Family Clothing Inc., a moderately priced retailer operating primarily in the Southeast, said Monday it is filing for Chapter 11 bankruptcy protection and will close 103 stores and an Arkansas distribution center. -- read full article |
| Mon, 09 Jun 2008 20:13:23 GMT - Yahoo! News: Business |
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