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    Business Headlines
    Altria stubs out Marlboro Ultra Smooth: report (Reuters)

    Packs of cigarettes are stacked inside a supermarket in New York September 21, 2004. (Shannon Stapleton/Reuters)Reuters - Altria Group Inc's Philip Morris USA has cancelled its Marlboro Ultra Smooth cigarettes, highlighting challenges it faces in trying to grow its tobacco business despite a decline in U.S. cigarette sales, The Wall Street Journal reported on Monday.


    -- read full article
    Mon, 23 Jun 2008 05:21:55 GMT - Yahoo! News: Business
    Citigroup to cut 10 percent of investment bank unit: report (Reuters)

    The Citibank building is seen in San Francisco, California April 30, 2008. (Robert Galbraith/Reuters)Reuters - Citigroup Inc is set to slash about 6,500 jobs in its investment banking division, the Wall Street Journal said on its website on Sunday.


    -- read full article
    Mon, 23 Jun 2008 04:39:25 GMT - Yahoo! News: Business
    Google has best reputation in U.S., airlines fall: survey (Reuters)

    Employees use community bikes to travel around Google headquarters in Mountain View, California March 3, 2008. (Erin Siegal/Reuters)Reuters - Google Inc's famous employee perks -- from providing "nap pods" for a quick break during the day to allowing engineers to spend 20 percent of their work time on side projects that may spark new ideas -- have given the Internet leader the best reputation in corporate America, according to a study released on Monday.


    -- read full article
    Mon, 23 Jun 2008 04:37:35 GMT - Yahoo! News: Business
    Halliburton quits Expro fight (Reuters)
    Reuters - U.S. oil services firm Halliburton said it has ended talks to buy UK rival Expro after its target refused to open an auction and opted for a 1.8 billion pound ($3.5 billion) rival bid. -- read full article
    Sun, 22 Jun 2008 11:05:04 GMT - Yahoo! News: Business
    Fed seen holding rates steady, eyeing prices (Reuters)

    Treasury Secretary Henry Paulson pauses during remarks about the Federal Reserve and trying to reduce threats to the economy at a Women in Housing and Finance meeting in Washington, June 19, 2008. (Jonathan Ernst/Reuters)Reuters - The U.S. Federal Reserve is expected to hold interest rates steady at a meeting this week and suggest it is in no rush to raise them, even as it acknowledges some troubling signs on the inflation front.


    -- read full article
    Sun, 22 Jun 2008 16:26:01 GMT - Yahoo! News: Business
    Jeddah deepens oil price dialogue, but no quick fix (Reuters)

    Saudi Arabia's King Abdullah (C) attends the opening ceremony of the Jeddah Energy Meeting June 22, 2008. (Ali Jarekji/Reuters)Reuters - World energy powers embarked on a new level of dialogue to try to rein in runaway oil prices at an emergency meeting in this Red Sea city, but were unable to come up with a quick fix.


    -- read full article
    Sun, 22 Jun 2008 18:14:16 GMT - Yahoo! News: Business
    "Made in Asia" label helps, hinders luxury goods makers (Reuters)

    Italian fashion designer Giorgio Armani speaks in front of the media at his new flagship store, the biggest in Japan, in Tokyo's Ginza shopping district in this November 6, 2007 file photo. Faced with shoppers' concerns about product quality, environmental standards and working conditions in Asia, many European luxury goods makers are determined to keep their factories at home. But some argue that new manufacturing sites can actually boost quality and creativity. (Toru Hanai/Files/Reuters)Reuters - Years ago, when the first Armani boutiques opened in China, a furious customer walked into one of the shops, brandishing two Armani T-shirts.


    -- read full article
    Sun, 22 Jun 2008 00:10:06 GMT - Yahoo! News: Business
    Busch family member backs "strong" Anheuser-Busch (Reuters)

    Bud Light and Budweiser beer is shown in a cooler at the Toluca Mart liquor store in Los Angeles, California June 16, 2008. (Fred Prouser/Reuters)Reuters - Andrew D. Busch, a nonemployee member of Anheuser-Busch Cos Inc's founding Busch family, said on Saturday that he supports the U.S. brewer's efforts to remain "a strong company headquartered in St. Louis."


    -- read full article
    Sat, 21 Jun 2008 23:20:13 GMT - Yahoo! News: Business
    Oil powers seek tonic to record prices in Jeddah (Reuters)

    Saudi officials walk past a Jeddah conference logo in Jeddah, June 21, 2008. (Ali Jarekji/Reuters)Reuters - The world's top energy policy makers meet in this Red Sea city on Sunday for emergency talks on halting oil's unrelenting rally, but divided views over the cause of recent gains emerged early.


    -- read full article
    Sun, 22 Jun 2008 07:42:18 GMT - Yahoo! News: Business
    Lloyds TSB eyes potential German deal: sources (Reuters)

    A man enters a branch of LloydsTSB bank in London, February 22, 2008. (Luke MacGregor/Reuters)Reuters - British bank Lloyds TSB would consider a significant acquisition and is looking at a possible deal in Germany, people familiar with the situation said on Saturday.


    -- read full article
    Sat, 21 Jun 2008 16:50:25 GMT - Yahoo! News: Business
    Other OPEC members may join Saudi oil output hike (Reuters)

    Saudi officials walk past a Jeddah conference logo in Jeddah, June 21, 2008. (Ali Jarekji/Reuters)Reuters - OPEC members with any capacity to spare will discuss boosting output together with top oil exporter Saudi Arabia at an emergency meeting to try to tame record oil, a senior Gulf OPEC official said on Saturday.


    -- read full article
    Sat, 21 Jun 2008 12:40:48 GMT - Yahoo! News: Business
    Banco Santander expects rise in profits in 2008 (Reuters)

    Emilio Botin, chairman of Spain's biggest bank Banco Santander, attends a shareholders meeting in Santander June 21, 2008. (Victor Fraile/Reuters)Reuters - Spain's biggest bank, Banco Santander said on Saturday it would significantly boost profits in 2008, buoyed by growth in Latin America just as many of its international peers suffer credit crunch woes.


    -- read full article
    Sat, 21 Jun 2008 11:04:52 GMT - Yahoo! News: Business
    European shares falter, London banks in focus (AFP)

    A trader shows the GCDS index curve at a bank in Paris, January 2008. Europe's main stock markets dropped, with London hit by losses to heavyweight banks after share prices fell further in Japan(AFP/File/Jean Ayissi)AFP - Europe's main stock markets dropped Friday, with London hit by losses to heavyweight banks after share prices fell further in Japan, traders said.


    -- read full article
    Fri, 20 Jun 2008 12:19:12 GMT - Yahoo! News: Business
    Economy - Friday (Investor's Business Daily)
    Investor's Business Daily - The Int'l Monetary Fund said the U.S. economic slowdown has been less than feared and a slow recovery should begin in '09. The group didn't mention recession in its annual review and urged the Fed to hold interest rates steady. The recommendation assumed inflation will be contained. The IMF sees GDP growth of 1% in '08 and 0.8% in '09 vs. its prior estimates of 0.5% and 0.6%, respectively. -- read full article
    Fri, 20 Jun 2008 23:14:15 GMT - Yahoo! News: Business
    Chrysler says on track despite downturn (Reuters)

    Chrysler Group announces the production of its all new 2008 Chrysler Sebring convertible (R) at the Sterling Heights Assembly plant in Sterling Heights, Michigan June 4, 2007. (Rebecca Cook/Reuters)Reuters - Chrysler LLC is meeting or topping its financial targets despite the deepening slump in U.S. market, the automaker's senior spokeswoman said on Friday.


    -- read full article
    Fri, 20 Jun 2008 23:22:16 GMT - Yahoo! News: Business
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