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    Business Sub-Categories
    Corporate Earnings, European Business & Economy, Personal Finance, Stock Markets, U.S. Economy
    Business Headlines
    U.S. retailer Mervyn's fights for survival: WSJ (Reuters)
    Reuters - Department store chain Mervyn's LLC is fighting for survival after a lender pulled financing and some vendors stopped shipments, the Wall Street Journal reported on its website on Sunday. -- read full article
    Mon, 21 Jul 2008 02:03:29 GMT - Yahoo! News: Business
    Banks sound but economy to take time: Paulson (Reuters)
    Reuters - The U.S. economy needs months to recover from its slowdown, but the banking system remains sound despite a home mortgage crisis that could cause more problems, Treasury Secretary Henry Paulson said. -- read full article
    Sun, 20 Jul 2008 18:58:07 GMT - Yahoo! News: Business
    Oil up over $1 on Iran talks, Mexico Gulf storm (Reuters)

    Members of Ijaw communities in Bayelsa State march during against protest against oil companies in 2005. Nigerian villagers blew up a key crude oil supply pipeline operated by Agip, the Nigerian subsidiary of Italian group Eni, early Thursday, cutting production, industry sources told AFP.(AFP/File/Pius Utomi Ekpei)Reuters - Oil rose towards $130 a barrel on Monday after its biggest one-week slide on record as inconclusive talks between Iran and world powers over Tehran's disputed nuclear programme dimmed prospects of ending the row.


    -- read full article
    Mon, 21 Jul 2008 03:51:49 GMT - Yahoo! News: Business
    European shares fall, oil up at $130 a barrel (Reuters)

    Traders work on the floor of the New York Stock Exchange July 11, 2008 in New York City. A newly revived Wall Street faces a fresh test of momentum in the coming week with a wave of corporate results that may indicate whether the latest rebound is for real.(AFP/Getty Images/File/Mario Tama)Reuters - A raft of concerns about the state of the global economy, corporate earnings and the banking system sent European shares lower on Monday, shrugging off large gains in Asia.


    -- read full article
    Mon, 21 Jul 2008 08:02:35 GMT - Yahoo! News: Business
    Roche offers to buy out Genentech for $43.7 billion (Reuters)
    Reuters - Swiss drugmaker Roche Holding AG offered to acquire all outstanding shares in its U.S. partner Genentech Inc for $43.7 billion in cash to reinforce its position in cancer medicines. -- read full article
    Mon, 21 Jul 2008 07:28:51 GMT - Yahoo! News: Business
    ECB fight against inflation a tough sell as economy stumbles (AFP)

    File photo shows a giant Euro symbol in front of Frankfurt's Eurotower, which houses the European Central Bank (ECB). The European Central Bank is trying to convince people in the eurozone that taking a tough stand on inflation will get them through lean economic times, arguing that long-term gains warrant short-term pain.(AFP/File/John Macdougall)AFP - The European Central Bank is trying to convince people in the eurozone that taking a tough stand on inflation will get them through lean economic times, arguing that long-term gains warrant short-term pain.


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    Sun, 20 Jul 2008 04:19:07 GMT - Yahoo! News: Business
    Wal-Mart's fashion show previews back-to-school (Reuters)
    Reuters - Wal-Mart Stores Inc presented a colorful, casual line of youthful looks for kids and teens on Saturday at a fashion show that previewed the mass-market chain's new low-cost offerings for back to school. -- read full article
    Sun, 20 Jul 2008 06:03:51 GMT - Yahoo! News: Business
    Court upholds dismissal of verdict against trader (Reuters)

    The sun lights the exterior of the New York Stock Exchange, as people walk past on the shadowed street, July 16, 2008.  REUTERS/Chip East  (UNITED STATES)Reuters - A judge was right to throw out a jury's securities fraud conviction of a former New York Stock Exchange floor trader because prosecutors did not prove their case, a federal appeals court ruled on Friday.


    -- read full article
    Fri, 18 Jul 2008 16:10:48 GMT - Yahoo! News: Business
    Bush assures US economy will 'pull through' (AFP)

    US President George W. Bush at the White House in Washington, June 2008. Bush assured Americans that the battered US economy will AFP - US President George W. Bush assured Americans Saturday that the battered US economy will "pull through" despite continuing housing woes and a spike in inflation.


    -- read full article
    Sat, 19 Jul 2008 14:12:06 GMT - Yahoo! News: Business
    EU wants co-operation with SEC on rating agencies: report (Reuters)
    Reuters - The European Commission wants to cooperate closely with the U.S. Securities and Exchange Commission (SEC) on the planned regulation of credit rating agencies, the German financial weekly Euro am Sonntag reported. -- read full article
    Sat, 19 Jul 2008 10:00:15 GMT - Yahoo! News: Business
    Ford to retool U.S. plants for European cars: report (Reuters)
    Reuters - Car maker Ford Motor Co is drawing up plans to retool American plants to make small, fuel-efficient passenger cars that it mainly makes and sells in Europe, the Wall Street Journal reported on Saturday. -- read full article
    Sat, 19 Jul 2008 17:52:14 GMT - Yahoo! News: Business
    Small-Biz Entrepreneurs' 401(k) Perks (Investor's Business Daily)
    Investor's Business Daily - If you run a small company that does not have a 401(k) plan, you may be missing out on a two-pronged benefit. -- read full article
    Fri, 18 Jul 2008 22:11:20 GMT - Yahoo! News: Business
    British finance minister paints bleak picture of economy (AFP)

    Chancellor of the exchequer Alistair Darling. Britain's economic downturn is worse than previously thought and there is no extra money available for public spending, finance minister Darling said in an interview(AFP/Shaun Curry)AFP - Britain's economic downturn is worse than previously thought and there is no extra money available for public spending, finance minister Alistair Darling said in an interview published Saturday.


    -- read full article
    Sat, 19 Jul 2008 00:24:27 GMT - Yahoo! News: Business
    Bids for Cubs baseball team submitted (Reuters)

    In this April 7, 2007 file photo, Chicago Cubs fans gather on opening day outside Wrigley Field which is up for possible sale along with the Cubs as a result of the deal for Tribune Company to be acquired by real estate investor Sam Zell. in Chicago.(AP Photo/M. Spencer Green, file)Reuters - The first bids for the storied Chicago Cubs baseball team and related assets were submitted on Friday in an auction that could fetch more than $1 billion, according to a source close to the process.


    -- read full article
    Sat, 19 Jul 2008 01:39:10 GMT - Yahoo! News: Business
    Government weighs more charges in Bear case (Reuters)

    Former Bear Stearns hedge fund manager Matthew Tannin, center, exits Brooklyn federal court following a scheduled hearing, Friday, July 18, 2008, in New York. Indictments were handed down in June on Tannin and ex-manager Ralph Cioffi both accused of securities fraud in the wake of the collapse of the subprime mortgage market which foreshadowed Bear Stearns' own demise. (AP Photo/ Louis Lanzano)Reuters - The government is considering bringing further criminal charges in the case involving two former Bear Stearns executives indicted last month related to the collapse of two hedge funds they oversaw, a federal prosecutor said on Friday.


    -- read full article
    Fri, 18 Jul 2008 21:38:50 GMT - Yahoo! News: Business
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