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    Business Headlines
    China market sees signs of economic policy easing (Reuters)

    A vendor rests at a cloth stall of a market in Hefei, Anhui province June 10, 2008. (Jianan Yu/Reuters)Reuters - A flurry of visits by Chinese leaders to cities hit by sluggish exports and a reported tax rebate for textile exporters are being interpreted by the market as signals that Beijing might cautiously ease tight economic policies.


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    Wed, 09 Jul 2008 12:52:53 GMT - Yahoo! News: Business
    Stocks fall as oil rises, Cisco drops (Reuters)

    Traders work on the floor of the New York Stock Exchange, July 8, 2008. (Brendan McDermid/Reuters)Reuters - Stocks fell on Wednesday as rising oil prices renewed concerns about the impact of higher energy costs on consumer spending, while a sharp drop in Cisco Systems Inc shares sent the Nasdaq nearly 1 percent lower.


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    Wed, 09 Jul 2008 17:58:44 GMT - Yahoo! News: Business
    Best Buy looks to new categories to drive sales (Reuters)

    A Best Buy store in Westminster, Colorado June 27, 2007. (Rick Wilking/Reuters)Reuters - Electronics retailer Best Buy Co is looking to new product categories and business models to help it double annual sales to $80 billion over the next five years, executives said on Wednesday.


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    Wed, 09 Jul 2008 18:50:20 GMT - Yahoo! News: Business
    Anheuser urges holders to revoke consent to InBev (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 - Brewer Anheuser-Busch Cos Inc on Wednesday urged its shareholders to withhold consent to InBev NV , which is trying to replace Anheuser's board of directors with its own slate, and to revoke any consent already given.


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    Wed, 09 Jul 2008 18:10:02 GMT - Yahoo! News: Business
    Northwest to trim staff by 8 percent to cut costs (Reuters)

    A Northwest Airlines jet taxis past a Delta Airlines jet at Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, April 15, 2008. (Tami Chappell/Reuters)Reuters - Northwest Airlines Corp said on Wednesday it would cut its frontline and management staff by 8 percent as part of a sweeping capacity reduction aimed at offsetting the soaring cost of jet fuel.


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    Wed, 09 Jul 2008 18:44:46 GMT - Yahoo! News: Business
    Pentagon to seek new bids in tanker competition (Reuters)

    Secretary of Defense Robert Gates speaks during a press briefing at the Pentagon in Washington, July 9, 2008. (Molly Riley/Reuters)Reuters - Defense Secretary Robert Gates said on Wednesday he planned to reopen a $35 billion competition between Boeing Co and a team of Northrop Grumman Corp and Europe's EADS to build new aerial refueling tankers.


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    Wed, 09 Jul 2008 18:09:18 GMT - Yahoo! News: Business
    Fed may keep open lifeline to financial firms (Reuters)

    Federal Reserve Board Chairman Ben Bernanke speaks at the Senate Finance Committee health reform summit in Washington, June 16, 2008. (Jim Young/Reuters)Reuters - Federal Reserve Chairman Ben Bernanke said on Tuesday the U.S. central bank might keep open a lifeline to financial firms, while the latest data showed distress in the housing and retail sectors continues.


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    Tue, 08 Jul 2008 21:08:33 GMT - Yahoo! News: Business
    Economy - Tuesday (Investor's Business Daily)
    Investor's Business Daily - That was slightly better than Wall St. estimates, while April's rise in consumer credit outstanding was revised down to $7.8 bil. Credit card and other revolving debt grew by $5.7 bil after April's drop of $424 mil. Auto, boat and other nonrevolving loans rose $2.1 bil. -- read full article
    Tue, 08 Jul 2008 22:49:32 GMT - Yahoo! News: Business
    Japan's machinery orders surprise but still fears for economy (AFP)

    File photo shows Honda vehicles in front of a car-carrier ship in Narashino, near Tokyo. Japan's core machinery orders were unexpectedly strong in May but experts warned the official figures had failed to dispel gloom about prospects for Asia's largest economy(AFP/File/Toshifumi Kitamura)AFP - Japan's core machinery orders were unexpectedly strong in May but experts warned the official figures released on Wednesday had failed to dispel gloom about prospects for Asia's largest economy.


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    Wed, 09 Jul 2008 06:13:59 GMT - Yahoo! News: Business
    Google's YouTube ad revenue short of expectations: report (Reuters)

    A screenshot of YouTube.com, taken on July 3, 2008. (www.youtube.com/Reuters)Reuters - Advertising revenue from YouTube is likely to total about $200 million this year and thus fall short of parent company Google Inc's


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    Wed, 09 Jul 2008 06:50:15 GMT - Yahoo! News: Business
    WPP makes hostile $2.1 billion TNS takeover bid (Reuters)
    Reuters - WPP Group , the world's second-largest advertising company, launched on Wednesday a hostile bid worth 1.08 billion pounds ($2.13 billion) for British market research firm Taylor Nelson Sofres . -- read full article
    Wed, 09 Jul 2008 07:42:29 GMT - Yahoo! News: Business
    Alcoa's profit lower but tops Street forecasts (Reuters)

    People leave the Alcoa Business Services Center in Pittsburgh, Pennsylvania, February 13, 2007. (Jason Cohn/Reuters)Reuters - Aluminum producer Alcoa Inc on Tuesday posted a better-than-expected quarterly profit, lifting its shares, as higher aluminum prices and sales volumes offset increased costs.


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    Tue, 08 Jul 2008 23:31:47 GMT - Yahoo! News: Business
    Oil rebounds by $1 on Iran missile test (Reuters)

    A New York City cab driver fills his taxi up with gas at a Hess station in New York July 2, 2008. (Shannon Stapleton/Reuters)Reuters - Oil rose a dollar on Wednesday, recovering from a more than $5 fall a day ago, after Iranian state media reported that the country had test-fired missiles that could reach Israel and U.S. bases in the region.


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    Wed, 09 Jul 2008 07:12:37 GMT - Yahoo! News: Business
    Asia stocks cut gains, U.S. dollar slips on Iran (Reuters)

    A man looks at an electronic board showing stock information at a brokerage house in Wuhan, Hubei province July 8, 2008. (Stringer/Reuters)Reuters - The U.S. dollar fell and Asian stocks surrendered some gains on Wednesday, after a report that Iran tested a missile that could reach Israel, raising concerns this week's $9 dip in oil prices is only fleeting.


    -- read full article
    Wed, 09 Jul 2008 06:31:21 GMT - Yahoo! News: Business
    Office Depot sees quarterly sales decline; shares fall (Reuters)

    A family leaves an Office Depot store in a Denver, Colorado suburb, February 10, 2005. (Rick Wilking/Reuters)Reuters - Office supplies retailer Office Depot Inc said on Tuesday that its North American same-store sales fell nearly 10 percent in the second quarter and warned its operating margins would fall more than expected, hit by a weakening U.S. economy.


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    Tue, 08 Jul 2008 13:23:32 GMT - Yahoo! News: Business
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