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| Business Headlines |
| Wal-Mart branches out into locally grown produce
(AP)
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| AP - Wal-Mart stores in Arizona now stock Grand Canyon sweet onions while aisles in New York display state-grown eggplant, as the world's largest retailer says it has become the nation's largest buyer of locally grown fruits and vegetables.
-- read full article |
| Wed, 02 Jul 2008 06:19:08 GMT - Yahoo! News: Business |
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| U.S. wins court order for UBS Swiss bank records
(Reuters)
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| Reuters - A federal judge in Miami has
authorized U.S. officials to seek information from UBS AG
about U.S. taxpayers suspected of using Swiss bank
accounts to evade income taxes, part of a probe that could
crack open Switzerland's tradition of bank secrecy.
-- read full article |
| Tue, 01 Jul 2008 23:45:34 GMT - Yahoo! News: Business |
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| Economy - Tuesday
(Investor's Business Daily)
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| Investor's Business Daily - Treasury Sec'y Henry Paulson, in the midst of a 5-day European tour, said he discussed currencies and rising commodity costs with European Central Bank President Jean-Claude Trichet. He declined comment on a likely ECB rate hike this week, saying he respects central banks' independence. -- read full article |
| Tue, 01 Jul 2008 22:42:15 GMT - Yahoo! News: Business |
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| Auto sales hit 15-year low
(Reuters)
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| Reuters - U.S. auto sales plunged in June to a
15-year low, but a month-end clearance sale helped General
Motors Corp retain its No. 1 spot and steer clear of the
wipeout many had feared, sending its shares higher.
-- read full article |
| Wed, 02 Jul 2008 04:42:29 GMT - Yahoo! News: Business |
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| Grasso wins pay dispute ruling
(Reuters)
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| Reuters - Former New York Stock Exchange chief
Richard Grasso won another big victory on Tuesday in his
efforts to keep his $187.5 million pay package, with a court
throwing out state officials' remaining claims against him.
-- read full article |
| Tue, 01 Jul 2008 18:16:39 GMT - Yahoo! News: Business |
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| Inflation flare-up mars factory rebound
(Reuters)
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| Reuters - Manufacturing expanded in June for the
first time in five months, helped by a weak dollar, but
inflation pressures soared to their highest since the
stagflation-ravaged 1970s, according to a report that
highlighted the bind facing policy-makers.
-- read full article |
| Tue, 01 Jul 2008 17:06:35 GMT - Yahoo! News: Business |
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