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| Business Headlines |
| Pax fined for failure to screen investment funds
(AP)
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| AP - Pax World Management Corp. has agreed to pay a $500,000 fine because it failed to follow its own socially responsible investing criteria over a five-year period, when two of its mutual funds invested in off-limits industries such as gambling and liquor, and oil and gas exploration. -- read full article |
| Wed, 30 Jul 2008 18:56:56 GMT - Yahoo! News: Business |
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| Court overturns convictions of NYSE specialists
(AP)
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| AP - A federal appeals court dealt what was likely to be the final blow to the ill-fated prosecution of 15 New York Stock Exchange specialists Wednesday by overturning the securities fraud convictions of two of the floor supervisors. -- read full article |
| Wed, 30 Jul 2008 17:14:33 GMT - Yahoo! News: Business |
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| Economy - Wednesday
(Investor's Business Daily)
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| Investor's Business Daily - Employment listings posted on Internet job boards fell 7.9% to 3.86 mil in July from about 4.19 mil in June, according to the Conference Board. July is typically a slow month, but the figures were below forecasts. There were 4.08 mil help-wanted ads posted a year ago. The private research group said there is little sign of any upturn soon. -- read full article |
| Wed, 30 Jul 2008 22:49:11 GMT - Yahoo! News: Business |
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| Chrysler in talks with Tata and Fiat: sources
(Reuters)
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| Reuters - Chrysler is in talks to lease U.S.
production capacity and share retail distribution with Fiat SpA
, allowing the Italian automaker to return the U.S.
market for the first time in 25 years, people briefed on the
talks said on Wednesday.
-- read full article |
| Wed, 30 Jul 2008 22:43:42 GMT - Yahoo! News: Business |
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| Asia stocks gain but caution remains
(Reuters)
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| Reuters - Most Asian stock markets rose on
Thursday after a move by central banks to boost liquidity in
financial markets offset a $4 rebound in oil prices, while a
surprisingly strong U.S. jobs indicator kept the dollar well
bid.
-- read full article |
| Thu, 31 Jul 2008 06:57:41 GMT - Yahoo! News: Business |
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| Starbucks posts first loss, backs '09 profit target
(Reuters)
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| Reuters - Starbucks Corp posted its
first quarterly loss as a public company on Wednesday and said
its U.S. coffee chain would shrink in the year ahead, but
investors stunned by months of uncertainty sent shares up 4
percent as it stuck by its profit target for 2009.
-- read full article |
| Thu, 31 Jul 2008 01:35:49 GMT - Yahoo! News: Business |
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| SEC extends restrictions on short-selling
(AP)
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| AP - Federal regulators on Tuesday extended through mid-August a temporary order banning a certain kind of short-selling of the stocks of mortgage finance companies Fannie Mae, Freddie Mac and 17 large investment banks.
-- read full article |
| Wed, 30 Jul 2008 08:05:56 GMT - Yahoo! News: Business |
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| Central banks fire new round at credit crisis
(Reuters)
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| Reuters - The U.S., European, and Swiss
central banks on Wednesday extended emergency lending
facilities for investment banks and expanded other liquidity
programs to ease credit market strains that have weighed on the
global economy for nearly a year.
-- read full article |
| Wed, 30 Jul 2008 16:58:37 GMT - Yahoo! News: Business |
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