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    Business Headlines
    European stocks slide amid focus on heavyweights (AFP)

    A stock trader observes the developments in the stock market in Frankfurt. European equity prices dropped as oil and mining majors lost ground, but losses were limited by gains to banking share prices(AFP/DDP/File/Thomas Lohnes)AFP - European equity prices dropped on Friday as oil and mining majors lost ground, but losses were limited by gains to banking share prices, traders said.


    -- read full article
    Fri, 13 Jun 2008 11:49:44 GMT - Yahoo! News: Business
    Honda rolls latest fuel-cell car off assembly line (Reuters)

    Honda's FCX Clarity fuel cell vehicle is unveiled during the Los Angeles Auto Show in Los Angeles, California November 14, 2007. (Danny Moloshok/Reuters)Reuters - Honda Motor Co (7267.T) kicked off production on Monday of its newest fuel-cell car, as the automaker gears up for the battle to dominate the market for next-generation vehicles.


    -- read full article
    Mon, 16 Jun 2008 08:46:31 GMT - Yahoo! News: Business
    Japan police arrest 4 in Lehman loan scam case (Reuters)

    The exterior of the world headquarters for Lehman Brothers can be seen in New York, May 19, 2008. (Lucas Jackson/Reuters)Reuters - Japanese police have arrested four men on suspicion of defrauding U.S. investment bank Lehman Brothers by using fake documents carrying trading firm Marubeni Corp's (8002.T) letterhead, a police spokesman said.


    -- read full article
    Mon, 16 Jun 2008 07:25:33 GMT - Yahoo! News: Business
    Starbucks says international growth to cushion U.S. weakness (Reuters)

    A woman walks past a Starbucks store in Somerville, Massachusetts April 24, 2008. (Brian Snyder/Reuters)Reuters - Starbucks Corp is planning a more aggressive expansion into overseas markets to compensate for weakness in the United States, Starbucks CEO Howard Schultz said in a newspaper interview on Monday.


    -- read full article
    Mon, 16 Jun 2008 08:43:27 GMT - Yahoo! News: Business
    AIG replaces CEO Sullivan amid subprime woes (Reuters)

    AIG Chief Executive Martin Sullivan listens to speeches during a photocall to announce Manchester United's new shirt sponsorship deal with US insurance and finance company, American International Group (AIG), at the Old Trafford Stadium in Manchester, northern England, April 6, 2006. (Phil Noble/Reuters)Reuters - The world's biggest insurer, American International Group Inc , replaced CEO Martin Sullivan on Sunday after it suffered two quarters of record losses from risky mortgage bets and its share price more than halved over the past year.


    -- read full article
    Mon, 16 Jun 2008 03:20:07 GMT - Yahoo! News: Business
    Analysts see lower Q2 earnings at investment banks (Reuters)

    The exterior of the world headquarters for Morgan Stanley  and  Co. Incorporated is seen in New York, May 19, 2008. (Lucas Jackson/Reuters)Reuters - Wall Street analysts have forecast a huge drop in second-quarter earnings for Goldman Sachs Group Inc and Morgan Stanley , while Lehman Brothers Holdings Inc is expected to post its first-ever quarterly loss, mainly on hedging losses.


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    Mon, 16 Jun 2008 08:00:40 GMT - Yahoo! News: Business
    AP IMPACT: CEO pay chugs up in '07 despite economy (AP)

    Graphic shows Associated Press list of top 10 paid executives; 1c x 5 inches; 46.5 mm x 127 mmAP - As the American economy slowed to a crawl and stockholders watched their money evaporate, CEO pay still chugged to yet more dizzying heights last year, an Associated Press analysis shows.


    -- read full article
    Sun, 15 Jun 2008 18:39:20 GMT - Yahoo! News: Business
    RBS investors approach Sainsbury's chairman: report (Reuters)

    Royal Bank of Scotland signs are seen outside a branch in Edinburgh, Scotland April 22, 2008. (David Moir/Reuters)Reuters - Institutional investors in the Royal Bank of Scotland have approached Philip Hampton, chairman of supermarket group J. Sainsbury , about becoming chairman of the bank, the Sunday Telegraph reported.


    -- read full article
    Sun, 15 Jun 2008 11:45:53 GMT - Yahoo! News: Business
    Hedge investors hunt for next blockbuster strategy (Reuters)

    An investor looks at an electronic board showing stock information at a brokerage house in Wuhan, Hubei province June 12, 2008. (Stringer/Reuters)Reuters - Top hedge fund bosses will debate whether an upturn in distressed investing or profitable macro strategies offer 2008's blockbuster trade, just as short subprime was in 2007, when they meet in Monaco this week.


    -- read full article
    Sun, 15 Jun 2008 09:08:24 GMT - Yahoo! News: Business
    U.S. seeks Swiss help in UBS tax evasion probe (Reuters)

    A pedestrian walks past UBS offices, in central London on June 9 2008. (Rob Bodman/Reuters)Reuters - U.S. authorities have sought legal assistance from Switzerland's Federal Office of Justice in an investigation into tax evasion through offshore bank accounts at UBS , Swiss media reported on Sunday.


    -- read full article
    Sun, 15 Jun 2008 11:56:02 GMT - Yahoo! News: Business
    Chief executive of AIG expected to step down: report (Reuters)

    AIG Chief Executive Martin Sullivan listens to speeches during a photocall to announce Manchester United's new shirt sponsorship deal with US insurance and finance company, American International Group (AIG), at the Old Trafford Stadium in Manchester, northern England, April 6, 2006. (Phil Noble/Reuters)Reuters - The board of American International Group Inc was meeting on Sunday to accept the possible resignation of Chief Executive Martin Sullivan, The Wall Street Journal reported on its website, citing a person familiar with the matter.


    -- read full article
    Sun, 15 Jun 2008 17:38:14 GMT - Yahoo! News: Business
    Barclays says global credit crisis easing but not over (Reuters)

    A Barclays sign is seen outside a branch of Barclays Bank in central London May 15, 2008. Barclays said profits fell in the first quarter and refused to rule out a rights issue as it took a 1 billion pound ($2 billion) hit for the impact of the credit crunch. (Toby Melville/Reuters)Reuters - The global subprime crisis has yet to run its course, the chairman of British bank Barclays Plc said on Sunday, amid concerns that big lenders will unveil more credit-related losses in coming weeks.


    -- read full article
    Sun, 15 Jun 2008 05:22:30 GMT - Yahoo! News: Business
    G8 calls for oil output boost to ease economic threats (AFP)

    A map of Japan locating Osaka, venue of the Group of Eight (G8) finance ministers meeting. World finance chiefs warned on Saturday runaway oil prices could imperil global economic growth, calling on producers to open up the taps and tasking the IMF to investigate wild market swings.(AFP/Graphic)AFP - World finance chiefs warned on Saturday runaway oil prices could imperil global economic growth, calling on producers to open up the taps and tasking the IMF to investigate wild market swings.


    -- read full article
    Sat, 14 Jun 2008 16:11:19 GMT - Yahoo! News: Business
    G8 frets over commodity shock (Reuters)

    Delegates of the G8 Finance Minister Meeting attend the outreach dinner at Japanese restaurant Yodogawatei in Osaka, western Japan June 13, 2008. (Tomohiro Ohsumi/Pool/Reuters)Reuters - The world's richest nations warned on Saturday soaring commodity prices may slice into economic growth, but shrank from offering any plan to calm markets or quell protests over the cost of fuel and food.


    -- read full article
    Sat, 14 Jun 2008 10:13:46 GMT - Yahoo! News: Business
    Peter Lynch Caught Rising Stocks (Investor's Business Daily)
    Investor's Business Daily - Peter Lynch showed he was a money whiz with the first mutual fund he ran. -- read full article
    Fri, 13 Jun 2008 22:35:21 GMT - Yahoo! News: Business
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