Credit Card Offers logo News Archive Compare Credit Card Offers gif

CompareCC News Archive Listing for Business during 2009-06-23.
Please select an article.

Select
Example Headline of Genre for Date

Ideas Online, Yes, but Some Not So Presidential
 
When the White House asked people to post ideas on open government on a new Web site, it heard about U.F.O.?s, marijuana and the president?s birth certificate.
Airport Projects Delayed or Canceled
 
As airports scale back, delay or cancel many capital improvement projects, they risk paying higher costs once the number of passengers increases.
Stocks and Bonds: After Down Week, Markets Have a Down Day
 
Fears about the economy jolted Wall Street, dragging stocks lower after their first losing week in a month.
U.S. to Start Financing Efficient Car Design
 
First round of financing goes to Ford, Nissan and Tesla; Chrysler and General Motors are not viable enough to qualify.
Asian markets continue big falls
 
Asian shares fall in Tuesday trading, echoing declines in the US and Europe after a downbeat global economy report.
Apple chief Jobs 'back at work'
 
Apple chief Steve Jobs is back running the company he co-founded following six months' medical leave, reports say.
Asia stocks fall on economy doubts
 
Reuters - Asian stocks tumbled on Tuesday, after falling commodity prices and a sharp drop on Wall Street spooked investors into taking profits and buying the yen on speculation the rapid pace of recovery may not be sustainable.
Toyota confirms new management under Akio Toyoda
 
Reuters - Toyota Motor Corp confirmed Akio Toyoda as its new president on Tuesday, promoting the grandson of the company's founder to guide the world's No.1 automaker through the worst downturn in its history.
Ford and Nissan to tap factory retool loans: report
 
Reuters - The U.S. government plans to disclose that Ford Motor Co , Tesla Motors Inc and Nissan Motor Co (7201.T) will be among the beneficiaries of a $25 billion loan program created by Congress to help auto makers retool factories for advanced-technology vehicles, the Wall Street Journal said.
Asian Stocks Sag on Economic Worries
 
Key indexes in Japan, Australia and Hong Kong all slumped more than 3 percent as renewed caution about the precarious state of the global economy returned in full force.
Founder's grandson to lead Toyota
 
Toyota appoints the grandson of the company's founder as its new president, as the carmaker aims to turnaround its fortunes.
Anglo snubs Xstrata merger move
 
Mining giant Anglo-American has rejected an approach from Swiss-based rival Xstrata about a possible merger.
Reuters to end its London listing
 
Thomson Reuters plans to scrap its London stock exchange listing as part of plans to simplify the company.
Italian job: Mystery surrounds the $134bn suitcase
 
The mystery of a stash of bonds seized by Italian police on the border with Switzerland has sent bloggers into conspiracy overdrive.
'Talks planned' over refinery row
 
Union officials tell the BBC they are due to meet contractors later to hold talks over the sacking of 647 workers at the Lindsey oil refinery.
Global stocks drop on economic jitters
 
Reuters - Asian stocks tumbled on Tuesday, as confidence in the recovery ebbed and falling commodity prices and a sharp drop on Wall Street spooked investors into taking profits and buying the yen for safety.
Justice Deptartment may drop UBS tax evasion case: report
 
Reuters - The U.S. Justice Department may drop a legal case aimed at forcing UBS AG to reveal the names of 52,000 wealthy American clients suspected of offshore tax evasion, the New York Times said, citing a United States official briefed on the matter.
Black seeks release before appeal
 
Former media mogul Conrad Black asks a Chicago federal judge to release him ahead of a Supreme Court hearing.
Airbus makes first plane in China
 
Airbus delivers its first Chinese-made plane, as it aims to meet China's fast-growing demand for commercial aircraft.
Liverpool close to bank debt deal
 
Liverpool Football Club is close to renegotiating its debt with the Royal Bank of Scotland, the BBC learns.
Debt woes hit Independent
 
Newspaper publisher Independent News & Media confirms it needs to raise money to pay off an outstanding bond.
'Steady rise' in mortgage lending
 
Mortgage lending by the UK's major banks has returned to levels seen early last year, figures show.
U.S. credit rating a "solid triple-A": Moody's
 
Reuters - Moody's Investors Service said on Tuesday that the U.S. government's triple-A credit rating was safe but added that it could be at risk if Washington were unable to bring its public debt back to a downward trajectory.
Toyota confirms Akio Toyoda as new president
 
Reuters - Toyota Motor Corp confirmed Akio Toyoda as its new president on Tuesday, promoting the grandson of the company's founder to guide the world's No.1 automaker through the worst downturn in its history.
Justice Department may drop UBS tax evasion case: report
 
Reuters - The U.S. Justice Department may drop a legal case aimed at forcing Swiss bank UBS AG to reveal the names of 52,000 wealthy American clients suspected of offshore tax evasion, the New York Times reported on Tuesday.
Madoff Suits Add Details About Fraud
 
Regulators have accused four people of knowingly steering billions of dollars into Bernard L. Madoff?s Ponzi scheme.
European Trading Muted After Asian Stocks Sag
 
Asian markets were lower across the board, following Wall Street?s lead, on renewed concerns about the global economy.
Occasional Smoker, 47, Signs Tobacco Bill
 
With a reference to his own struggles with a cigarette habit, President Obama signed legislation Monday bringing tobacco products under federal control for the first time.
Federal Saving From Lowering of Drug Prices Is Unclear
 
Pharmaceutical companies promised to help narrow a gap in Medicare coverage of prescription drugs known as the doughnut hole, which is more likely to lower costs for individuals.
Toyota's Toyoda
 
What the founder's grandson will bring to the top job
Jobs saved at call centre company
 
Hundreds of under-threat call centre workers at Telecom Services Centre near Falkirk are told their jobs are safe.
Stock futures point up as Moody's says U.S. rating safe
 
Reuters - Wall Street was set to rise at the open on Tuesday, the day after the worst one-day loss in two months, as Moody's Investors Service said the U.S. government was not in danger of losing its top rating.
MySpace to axe two-thirds of international workforce
 
Reuters - MySpace, the social network owned by Rupert Murdoch's News Corp, said it plans to cut about two-thirds of its international workforce and close at least four of its offices outside the United States.
Boeing Delays 1st Flight of Dreamliner
 
The delay, to reinforce an area on the body of the new jet, is the latest setback in a program that is considered crucial to Boeing?s future.
MySpace to Cut Two-Thirds of Staff Outside U.S.
 
The decision to cut 300 of 450 jobs outside the United States reflects the tough competition on its market as well as a decline in advertising spending.
Economix: America?s Health Care Priorities
 
Suggestions from five experts to help sort through a big, nasty, complicated, subject. The first in a series of posts.
Wall Street Little Changed in Early Trading
 
Modest activity in Europe and Wall Street was in sharp contrast to the Asian markets, which dropped sharply on renewed concerns about the global economy.
Apple?s Obsession With Secrecy Grows Stronger
 
Employees have been fired for leaks, and Apple has been known to spread disinformation to its own workers.
Kroger?s Profit Rises as More Eat at Home
 
The grocery operator said first-quarter profit shot up 12.7 percent, as recession-hit households ate at home more and sought food bargains.
Fresh delay for Boeing Dreamliner
 
Boeing delays the maiden flight of its new Dreamliner 787 aircraft, the latest postponement to hit the project.
Nissan eyes an electric car boost
 
Nissan aims to make 100,000 electric cars a year by 2012, as it aims to become the first auto firm to mass produce the vehicles.
Banks 'not Robin Hood in reverse'
 
The House of Lords has been told that banks are not 'Robin Hoods in reverse' when they levy overdraft fees.
Wall Street pares gains after home sales data
 
Reuters - Stocks pared gains on Tuesday after data showed sales of previously owned homes rose at a slower-than-expected pace in May.
May U.S. existing home sales rise 2.4 percent
 
Reuters - Sales of previously owned homes in the United States rose at a slower-than-expected pace in May, an industry survey showed on Tuesday, pointing to a sluggish recovery from the severe economic recession.
Boeing delays Dreamliner test flight again
 
Reuters - Boeing Co said on Tuesday that the first flight of its long-delayed 787 Dreamliner would be postponed once more to reinforce an area within the side-of-body section of the aircraft.
Ford to get government technology loan: sources
 
Reuters - Ford Motor Co will receive a share of $25 billion in government loans designed to help automakers retool factories for making fuel-efficient cars, according to sources familiar with the decision by the Obama administration.
Europe and U.S. Accuse China of Trade Restrictions
 
Complaints filed with the World Trade Organization accuse China of restricting exports of raw materials to give domestic manufacturers a competitive advantage.
DealBook: Madoff Lawyers Seek Leniency in Sentencing
 
Lawyers for Bernard L. Madoff, who has confessed to running what may be the biggest Ponzi scheme in modern history, asked a judge for leniency when he imposes a sentence at a hearing next week.
U.S. Home Sales Rose for a Third Month in May
 
Existing home sales rose 2.4 percent last month, a real estate group said. Prices, meanwhile, dropped by 16.8 percent from a year ago.
Setanta goes into administration
 
The Irish broadcaster Setanta Sports goes into administration in Britain with the immediate loss of 200 jobs.
Refinery row talks get under way
 
Union officials are holding talks with contractors over the sacking of 647 workers at the Lindsey oil refinery.
'Threat' to final-salary pensions
 
A survey of 157 firms suggests 55 will freeze their final-salary pension schemes for existing members in the next five years.
Wall Street drops as Boeing delay, housing data weigh
 
Reuters - Stocks fell on Tuesday as Boeing again delayed the first test flight of its Dreamliner aircraft and housing data pointed to a sluggish economic recovery.
May U.S. existing home sales rise
 
Reuters - Sales of previously owned homes in the United States rose at a slower-than-expected pace in May, an industry survey showed on Tuesday, pointing to a sluggish recovery from the severe economic recession.
CarMax focused on cost-cutting, execution
 
AP - CarMax Chief Executive Tom Folliard says the auto retailer is focused on eliminating waste and improving execution to weather the weak automotive market and better position it for future growth.
As Day Wears on, Markets Move Little
 
Modest activity in Europe and Wall Street was in sharp contrast to the Asian markets, which dropped sharply on renewed concerns about the global economy.
Ford Among First to Get Loans for More Efficient Cars
 
Ford will get $5.9 billion, Nissan $1.6 billion, and Tesla Motors $465 million in a program aimed at helping carmakers meet more stringent fuel-economy standards.
DealBook: Huntsman Reaches $1.7 Billion Settlement With Banks
 
The company alleged Credit Suisse and Deutsche Bank interfered with its agreement to be acquired by Hexion when they balked at financing the transaction.
Justice Department Denies Plan to Settle UBS Case
 
The Justice Department denied a New York Times report that it might agree to drop the suit against UBS by mid-July to avoid protracted litigation.
Founder?s Grandson Takes Over at Toyota
 
Shareholders approved the appointment of Akio Toyoda as president in the hope that reaching back to the automaker?s family roots will help steer the company out of its crisis.
Small rise seen in US home sales
 
Sales of previously owned homes in the US rise for the second month in a row in May but at a slower-than-expected pace.
Wall Street flat as Boeing offset by bargain hunting
 
Reuters - Stocks were little changed on Tuesday as a delay in Boeing's first test flight of the 787 Dreamliner was offset by investors' search for bargains following Wall Street's worst day in two months.
U.S. home sales add to recovery worries
 
Reuters - Sales of previously owned U.S. homes rose for a second straight month in May but were weaker than expected, adding to growing fears of an anemic economic recovery from a deep recession.
Ford to get $6 billion technology loan
 
Reuters - Ford Motor Co will receive nearly $5.9 billion in U.S. government loans to spur development of more fuel-efficient vehicles, the Obama administration said on Tuesday.
Fed Chief Works to Secure More Power for Agency
 
Ben Bernanke has been seeking a larger role for the central bank in regulating several aspects of the economy.
China?s Bid to Stir Its Economy Draws Cries of Protectionism
 
One part of China?s effort ? limits on the export of certain raw materials ? has drawn a formal complaint by the United States to the World Trade Organization.
Nokia and Intel to Work Together on Mobile Computing
 
The companies said they plan to jointly create mobile computing products that will meld the features of phones and computers.
Square Feet: A Resort Downriver From Washington
 
National Harbor groups a convention center, hotels, shopping and residences just a short drive from the monuments of Washington.
Company Offering Fee-Based Airport Security Check Closes
 
The closure of Verified Identity Pass leaves some frequent fliers wondering what will happen to the personal information they provided the company.
Intel and Nokia band together
 
The two respective giants of computer chips and mobile phones have partnered together to create new mobile products.
S&P 500 up on bargain-hunting
 
Reuters - The S&P 500 rose slightly on Tuesday as investors hunted for bargains a day after a steep sell-off, while the Nasdaq was flat and another delay for Boeing's 787 Dreamliner kept the Dow in the red.
Wal-Mart aims to keep a new flock of customers
 
AP - The recession steered a new type of customer to Wal-Mart — deeper in the pockets and suddenly looking for bargains. Now the world's largest retailer has to figure out how to keep that customer when the economy recovers.
Regulator in Stanford Case is Fired
 
U.S. officials have also has asked that the regulator, Leroy King, be detained, pending a formal extradition process.
Markets End About Where They Started
 
Modest activity in Europe and Wall Street was in sharp contrast to the Asian markets, which dropped sharply on renewed concerns about the global economy.
Profit Down as Sales Fall at Oracle
 
The software maker said it was hurt by the stronger dollar but results topped analyst expectations.
China Accused of Trade Restrictions
 
Complaints filed with the W.T.O. accuse China of trade rules designed to give domestic manufacturers an edge.
OECD members pressure tax havens
 
Ministers from 18 countries back a plan to impose sanctions on countries who do not do enough to clamp down on tax fraud.
S&P gains on bargain hunting, but Boeing hits Dow
 
Reuters - The S&P 500 rose on Tuesday as investors hunted for bargains a day after a steep sell-off, but another delay for Boeing's 787 Dreamliner kept the Dow in the red.
U.S. home sales rise, manufacturing activity mends
 
Reuters - Sales of previously owned U.S. homes rose for a second straight month in May but were weaker than expected, adding to growing fears of an anemic economic recovery from a deep recession.
Discounts Have Restaurants Eating Own Lunch
 
Midprice chain restaurants are attracting cost-conscious diners with deep discounts, but some fear the tactic could do harm in the long term.
As China Stirs Economy, Some See Protectionism
 
New Chinese limits on the export of certain raw materials has drawn a formal complaint by the United States to the World Trade Organization.
Nokia and Intel to Pair Up on Mobile Devices
 
The companies said they plan to jointly create mobile computing products that will meld the features of phones and computers.
Company Closes Its Airport Screening Lines
 
The closure of Verified Identity Pass leaves some frequent fliers wondering what will happen to the personal information they provided the company.
A Smartphone Heavy on Style
 
Analysts say Palm has been slow to cultivate a system that allows programmers to develop applications for the Pre smartphone.
Advertising: Madison Avenue Positions Itself for a Recovery
 
Madison Avenue is showing signs of life, with efforts to attract and keep talented workers and some deal-making in progress.
JPMorgan tops strong bank list, RBS biggest loss
 
Reuters - JPMorgan tops a list of the world's strongest banks, while Royal Bank of Scotland suffered the biggest loss of any lender last year, according to new industry rankings on Wednesday.
Now Hiring Specially Skilled Workers
 
Unemployment is high, but employers are begging for skilled applicants in fields like critical care nursing and geology.
Citigroup Is Said to Be Raising Pay
 
The plan is a test for the Obama administration, which wants to limit compensation at companies that have received federal bailouts.
Cable TV?s Big Worry: Taming the Web
 
The heads of the media conglomerates have made protecting cable TV from the ravages of the Internet a top priority.
Medtronic Gets Subpoena Regarding Disputed Study
 
The Justice Department is asking about the company?s ties to a former Army surgeon whose report on a bone growth product is now disputed.
Investors Are Awaiting Moves From the Fed
 
The Federal Open Market Committee is expected to maintain interest rates at near zero, but its statement on the economy is eagerly awaited.
Huntsman Settles Dispute With Banks Over Failed Bid
 
The chemical company, which will receive $1.7 billion in cash and loans, had argued that Credit Suisse and Deutsche Bank interfered in a deal for it to be taken over by Hexion.
Vaccine Maker Facing Possible Bankruptcy Wins Contract
 
Creditors recently filed a petition that said Protein Sciences Corporation owed more than $11 million and accused its executives of fraud.
Japan Exports Show Little Sign of Quick Recovery
 
Japan?s exports continued to tumble in May, with even shipments to China showing little sign of improvement, suggesting that hopes for a quick recovery in global demand may be premature.
Lenders Challenge Delphi Over Plan to Exit Bankruptcy
 
They accuse the auto parts company of striking a sweetheart deal to sell many of its assets to Platinum Equity.
In Bedrock, Clean Energy and Quake Fears
 
AltaRock Energy will drill ground laced with fault lines using a method that has caused earthquakes elsewhere.
Ikea Plans to Halt Investment in Russia
 
Ikea?s 83-year-old founder said the company had made the decision because of pervasive corruption and demands for bribes.
Breakingviews.com: All Sides Win in Buyout Battle
 
Deutsche Bank and Credit Suisse have settled Huntsman?s lawsuit over the chemical maker?s broken leveraged buyout by Apollo Management.
Rich and poor discussing downturn
 
A summit of rich and poor nations to discuss the impact of the worldwide financial crisis gets under way in New York later.
Citigroup Has a Plan to Fatten Salaries
 
The plan is a test for the Obama administration, which wants to limit compensation at companies that have received federal bailouts.
Deep in Bedrock, Clean Energy and Quake Fears
 
AltaRock Energy will drill ground laced with fault lines using a method that has caused earthquakes elsewhere.
Apps Deficit Hurts Palm In Rivalry With iPhone
 
Analysts say Palm has been slow to cultivate a system that allows programmers to develop applications for the Pre smartphone.
Another Flight Delay for Boeing?s Troubled Dreamliner
 
Additional stress was found where the wings attach to the sides of the plane, but executives said that minor modifications would fix the problem.
Memphis Hospital Says It Did Jobs?s Liver Surgery
 
Methodist University Hospital has Steve Jobs?s permission to speak, and it says his prognosis is excellent.
Madoff?s Lawyers Seek 12-Year Term, Citing His Shame
 
The man accused of operating a giant fraud is scheduled to be sentenced on Monday. He faces a maximum of 150 years.
Senate Panel Cites Investors for Inflated Wheat Prices
 
A report will recommend that regulators sharply limit the amount of futures trading by index investors.
Antigua Dismisses Regulator Charged in Stanford Case
 
U.S. officials have also has asked that the regulator, Leroy King, be detained, pending a formal extradition process.
Weak Dollar Helps Send Profit Down at Oracle
 
The software company attributed declines in sales and profits to a stronger dollar, which makes deals in other currencies worth less.
Zegna Explores New Markets in Face of Downturn
 
Its traditional markets faltering, Ermenegildo Zegna has turned its focus to less mature luxury markets like Australia and Latin America.
Long Island Laboratory?s Expansion Hides in
 
At Cold Spring Harbor Laboratory on Long Island, a new 100,000-square-foot science lab will enable more research into the genetic origins of diseases.
Energy Bill Unfinished, but Vote Nears
 
The House is moving toward a vote Friday on energy and climate change legislation with Democratic leaders expressing confidence that they will pass it.
Home Sales Rose for a Third Month in May
 
While existing-home sales were up, prices were still down. But economists were cheered that inventories were shrinking.
Citi intends to raise employees' base pay: report
 
Reuters - Citigroup Inc intends to raise employees' base salaries by as much as 50 percent this year to offset smaller annual bonuses, the New York Times said, citing people with direct knowledge of the plan.

First Genre Prior Genre   Next Genre Last Genre


Credit Card Offers   |   Privacy Statement   |   Terms of Use   |   Comparison Grid   |   Credit Articles   |   News Archives   |   Site Map
Valid XHTML 1.0 Transitional
©Copyright 2012 ENC Group, Inc.
Valid CSS!