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| Business Headlines |
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| Shares tumble worldwide on "Super Thursday"
(Reuters)
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| Reuters - A global sell-off knocked world shares
to a five-month low on Thursday as surging oil fanned concerns
about inflation and slowing growth, just hours ahead of an
expected euro zone interest rate hike and a key U.S. jobs
report.
-- read full article |
| Thu, 03 Jul 2008 08:44:08 GMT - Yahoo! News: Business |
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| U.S. jobs picture grim, housing struggles
(Reuters)
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| Reuters - U.S. private employers slashed 79,000
jobs in June while planned layoffs at U.S. firms rose nearly 50
percent above year-ago levels, according to data that may spell
bad news for a government payrolls report this week.
-- read full article |
| Wed, 02 Jul 2008 15:21:37 GMT - Yahoo! News: Business |
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| Paulson: U.S. home prices to fall
(Reuters)
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| Reuters - U.S. Treasury Secretary Henry Paulson
said on Wednesday that high oil prices, further home price
declines and capital markets turmoil will prolong the American
economy's slowdown, while Europe and the UK were also showing
signs of slower growth.
-- read full article |
| Wed, 02 Jul 2008 15:02:04 GMT - Yahoo! News: Business |
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| Merrill says GM bankruptcy possible
(Reuters)
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| Reuters - General Motors Corp will need to
raise as much as $15 billion in cash to shore up liquidity and
bankruptcy is "not impossible" if the U.S. auto market
continues to slump, Merrill Lynch said.
-- read full article |
| Wed, 02 Jul 2008 16:42:00 GMT - Yahoo! News: Business |
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| 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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