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    Business Headlines
    Stocks tumble as Dell warns on tech spending (Reuters)

    Traders work on the floor of the New York Stock Exchange March 17, 2008. (Brendan McDermid/Reuters)Reuters - U.S. stocks tumbled on Friday, led lower by tech shares after computer maker Dell warned that companies worldwide are cutting back on technology spending.


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    Fri, 29 Aug 2008 20:23:22 GMT - Yahoo! News: Business
    Consumer spending flags, but confidence rises (Reuters)

    A shopper walks past a store display in New York July 1, 2008. (Lucas Jackson/Reuters)Reuters - Personal income tumbled unexpectedly in July and inflation-adjusted spending shrank as government economic stimulus waned, but consumer spirits rose this month, a hint the economy may muddle through its woes.


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    Fri, 29 Aug 2008 19:00:13 GMT - Yahoo! News: Business
    Suitmakers hit hard as retailers want discounts (Reuters)
    Reuters - Competition and a move away from tailored dressing, only exacerbated by a weak economy, are hurting the men's suit business hard, and retailers are adding to manufacturers' pain by demanding more discounts. -- read full article
    Fri, 29 Aug 2008 11:24:09 GMT - Yahoo! News: Business
    Natixis bank shareholders approve capital increase (AFP)

    From L: Chairman of Natixis' Supervisory Board Charles Milhaud, Natixis' Executive Chairman Philippe Dupont and Chief Executive Officer Dominique Ferrero attend the 2008 first semester results general assembly of French bank Natixis.(AFP/Pierre Verdy)AFP - Shareholders in French investment bank Natixis on Friday approved a planned 3.7 billion euros (5.44 billion dollars) capital increase to repair the damage caused by the US subprime home loan crisis.


    -- read full article
    Fri, 29 Aug 2008 17:08:19 GMT - Yahoo! News: Business
    Nintendo lifts profit, shares soar (Reuters)

    Nintendo Co's Wii game console is displayed at an electronic shop in Tokyo's Akihabara district January 24, 2008. (Yuriko Nakao/Reuters)Reuters - Nintendo Co boosted its annual profit outlook by 23 percent on white-hot demand for its Wii video game console and DS portable player, beating market expectations and sending its shares more than 8 percent higher.


    -- read full article
    Fri, 29 Aug 2008 10:13:20 GMT - Yahoo! News: Business
    Google to go ahead with Yahoo deal: report (Reuters)

    Yahoo! CEO Jerry Yang (C) talks to Google co-founders Larry Page (L) and Sergey Brin at the 26th annual Allen  and  Co conference in Sun Valley, Idaho, July 10, 2008. (Rick Wilking/Reuters)Reuters - Google Inc. , facing a U.S. Justice Department probe of its search-advertising partnership with Yahoo Inc. , will proceed with the agreement by early October, Bloomberg said.


    -- read full article
    Fri, 29 Aug 2008 11:22:43 GMT - Yahoo! News: Business
    Electric fault spurs big GM recall (Reuters)

    The 2007 Cadillac Escalade ESV is seen on the show floor at the North American International Auto Show in Detroit, Michigan January 8, 2006. (General Motors/Tom Pidgeon/Handout/Reuters)Reuters - General Motors Corp is recalling 857,735 vehicles equipped with a heated windshield wiper fluid system for a potential short-circuit problem, according to federal safety regulators.


    -- read full article
    Fri, 29 Aug 2008 17:03:04 GMT - Yahoo! News: Business
    Wall Street tumbles as Dell warns on tech spending (Reuters)

    Traders work on the floor of the New York Stock Exchange March 17, 2008. (Brendan McDermid/Reuters)Reuters - Stocks tumbled on Friday after a warning by computer maker Dell that companies worldwide are cutting back on technology spending spooked the tech sector.


    -- read full article
    Fri, 29 Aug 2008 17:59:45 GMT - Yahoo! News: Business
    Consumer spending weakens as stimulus fades (Reuters)

    A shopper walks past a store display in New York July 1, 2008. (Lucas Jackson/Reuters)Reuters - Personal income tumbled unexpectedly in July and inflation-adjusted spending shrank at sharpest rate in four years as the lift from government stimulus checks waned, a government report on Friday showed.


    -- read full article
    Fri, 29 Aug 2008 14:03:15 GMT - Yahoo! News: Business
    Carrefour profit rises, keeps targets (Reuters)

    A Carrefour supermarket is pictured in Dietlikon outside Zurich, August 21, 2007. (Siggi Bucher/Reuters)Reuters - Carrefour, the world's second-largest retailer, posted a 5.5 percent rise in first-half operating profit on Friday, lifted by strong performance in Latin America growth markets, and reiterated its 2008 targets.


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    Fri, 29 Aug 2008 07:35:51 GMT - Yahoo! News: Business
    Audit shows China's government mismanaged $6.7 billion (Reuters)

    A staff member displays Chinese yuan notes to the media at a currency exchange booth at Songshan airport in Taipei, July 26, 2008. (Pichi Chuang/Reuters)Reuters - Chinese central government departments misused or mismanaged more than 46 billion yuan ($6.73 billion) last year, including using disaster relief money to build government offices and diverting funds to speculate in stocks, the National Audit Office said on Thursday.


    -- read full article
    Thu, 28 Aug 2008 08:42:31 GMT - Yahoo! News: Business
    Oil rises 1 percent to $117 on storm fears (Reuters)

    Venezuela's President Hugo Chavez takes a sample of crude during his weekly broadcast at a nationalized oil field at Orinoco's belt in the southern strip of the eastern Orinoco River February 17, 2008. (Miraflores Palace/Handout/Reuters)Reuters - Oil rose more than $1 to $117 a barrel on Friday, as energy companies prepared for Tropical Storm Gustav to deliver what could be the hardest hit to the heart of U.S. offshore production since the devastating 2005 hurricane season.


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    Fri, 29 Aug 2008 07:31:24 GMT - Yahoo! News: Business
    Hyundai union to launch work stoppage next week (Reuters)

    A man holding an umbrella walks in front of a Hyundai billboard in Seoul July 24, 2008. (Ben Weller/Reuters)Reuters - Unionized workers at Hyundai Motor Co (005380.KS), South Korea's top automaker, said on Friday they had decided to hold brief work stoppages twice next week over a wage dispute and working conditions.


    -- read full article
    Fri, 29 Aug 2008 06:17:17 GMT - Yahoo! News: Business
    Lehman looking at cutting some 1,200 jobs: source (Reuters)

    Pedestrians walk past a Lehman Brothers sign in New York, June 19, 2008. (Lucas Jackson/Reuters)Reuters - Lehman Brothers Holdings Inc is looking at cutting some 1,200 jobs in its latest round of cost cutting, a person familiar with the matter said, as weak financial markets spur layoffs across Wall Street.


    -- read full article
    Thu, 28 Aug 2008 21:09:48 GMT - Yahoo! News: Business
    Dell sees Asia business sound but voices caution (Reuters)

    Shoppers walk past a Dell booth at the COMEX information technology and consumers technology exhibition in Singapore, August 28, 2008. (Tim Chong/Reuters)Reuters - Dell Inc , the world's No. 2 personal computer maker, said on Friday its Asia Pacific business was holding up even as corporations turned cautious about spending on technology because of slowing global growth.


    -- read full article
    Fri, 29 Aug 2008 06:12:14 GMT - Yahoo! News: Business
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