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Example Headline of Genre for Date
A Leader Is Called On to Turn Around Lloyds
In his new job in Britain, Winfried F.W. Bischoff has a chance to redeem himself after a frustrating experience in the United States.
France and Germany exit recession
The French and German economies both grew by 0.3% in the second quarter of 2009.
China regrets ruling in WTO case
China says it regrets the WTO ruling against it in a case lodged by the US over media products, and might appeal.
ABInbev profits jump after merger
Brewing giant ABInBev reports strong profits growth as the impact of the merger last year of Anheuser-Busch and InBev is felt.
Asia stocks, Australia dollar rise after Fed
Reuters - Asian stocks and commodities rose on Thursday after the Federal Reserve said the ailing U.S. economy was showing signs of 'leveling out,' spurring investors to buy back shares and other riskier assets and sell U.S. dollars.
Sales to be in focus when Wal-Mart reports results
Reuters - When Wal-Mart Stores Inc reports second-quarter results on Thursday, it will provide a much-awaited glimpse into the state of consumer spending as measured by the billions of dollars that flow through its cash registers every quarter.
AB InBev sees tough Q3, profit beats forecasts
Reuters - Anheuser-Busch InBev on Thursday reported second-quarter profit above analyst forecasts, but said the second half of the year would be significantly weaker.
Citi hires external help for management review: report
Reuters - Citigroup Inc has been forced by U.S. regulators to hire external consultants who will consider whether the New York company's current management is capable of leading it out of financial crisis, the Financial Times reported on its website.
France and Germany Unexpectedly Return to Growth
Germany and France enjoyed a surprising return to economic growth in the second quarter of the year, ending their recessions earlier than many expected.
Swine flu bill hits Thomas Cook
Travel firm Thomas Cook says the swine flu outbreak has cost it more than £12m after holidaymakers cancelled trips.
Stocks, commodities rally on brighter Fed view
Reuters - Asian stocks and commodities rose on Thursday after the Federal Reserve said it spotted stability in the U.S. economy, spurring investors to buy back shares and other riskier assets and sell U.S. dollars.
Stock futures point to higher Wall St open
Reuters - Stock index futures pointed to a higher start on Wall Street on Thursday ahead of Wal-Mart Stores Inc results and U.S. July retail sales data.
In an Upbeat Mood, Europe and Asia Markets Rise
Optimism was stoked by the Federal Reserve?s vote of confidence in the economy and new data that showed Germany and France returned to growth in the second quarter.
France and Germany Lift European Economy
The economies of both expanded by 0.3 percent in the second quarter, the clearest sign yet that a searing European recession is drawing to a close.
Wal-Mart?s Revenue Falls 1.4% Percent in Quarter
The world?s largest retailer said however that profit was about the same as a year ago. Kohl?s profit declines 3 percent.
Escada Files for Court Protection in Germany
The German fashion company Escada has filed for bankruptcy after being unable to obtain sufficient financing, a Munich district court said Thursday.
Russia set for scrappage scheme
Russia is set to introduce its own car scrappage scheme following the success of programmes in the US and Europe.
India and Asean sign trade deal
India and the South East Asian bloc Asean sign a free trade agreement at the end of more than six years of talks.
Stocks futures up after Wal-Mart results; jobs data on tap
Reuters - U.S. stock index futures rose more than 1 percent on Thursday after Wal-Mart Stores Inc reported second-quarter results that topped Wall Street's expectations, boosting investors' confidence in consumer spending ahead of a government report on July retail sales.
Walmart earnings better than expected
Reuters - Walmart Stores Inc reported roughly flat quarterly profit as the strong U.S. dollar lowered the value of its international sales and it faced tough comparisons with last year, when shoppers spent U.S. government issued stimulus checks in its stores.
Kohl's profit beats estimates by a penny
Reuters - Department store chain Kohl's Corp reported a better-than-expected quarterly profit on Thursday as it drew shoppers to its stores with cheaply-priced and trendy merchandise.
Charming to sell private label credit card program
AP - Apparel retailer Charming Shoppes Inc. said Thursday that it will sell its private label credit card program to Alliance Data Systems Corp. for about $110 million.
Wal-Mart?s Revenue Falls 1.4%
While the results beat analysts expectations, the underscored how challenging the retail market has become.
Even With ?Cash for Clunkers,? Retail Sales Fall in July
The decline of 0.1 percent in July was a much worse performance than the 0.7 percent gain that economists had expected.
Unsettled by Retail Sales, Wall Street Opens Softly
New reports showed retail sales fell unexpectedly in July and more workers are filing for unemployment benefits.
US retail sales in surprise fall
US retail sales fell unexpectedly in July, indicating that weaknesses still remain in the economy.
Wal-Mart profit and sales hold up
Wal-Mart announces steady profits and sales, despite seeing tougher trading conditions than it had expected.
Walmart results lift Wall Street at open
Reuters - U.S. stocks opened slightly higher on Thursday after Wal-Mart Stores Inc reported quarterly results that beat expectations.
Walmart quarterly profit tops estimates
Reuters - Walmart Stores Inc posted better-than-expected earnings on cost cuts, and forecast full year earnings that could beat Wall Street estimates, sending its shares up 1.6 percent.
Ford increases production as demand rebounds
Reuters - Ford Motor Co said on Thursday it is increasing production over the rest of the year to meet increased demand spurred by the U.S. government's 'Cash for Clunkers' sales incentive program.
Arison family plans to sell some Carnival shares
AP - Cruise operator Carnival Corp. said Thursday that some Arison family members and related entities plan to sell up to 8.5 million common shares for tax planning, estate planning and diversification purposes.
US retail sales take surprise dip in July
AFP - US retail sales unexpectedly dipped 0.1 percent in July after rising in the two previous months, government data showed Thursday in a report highlighting weak consumer demand amid a long recession.
Despite ?Cash for Clunkers,? Retail Sales Decline in July
The decline of 0.1 percent in July was a much worse performance than the 0.7 percent gain that economists had expected.
Ford Moves to Increase Production
The automaker will produce 10,000 more cars in the third quarter and 140,000 more in the fourth.
In Europe, Economic Signs Point to a Recovery
Unexpected strength in the second quarter was the clearest evidence yet that the recession would probably become a very modest expansion later this year.
China Scales Back Plans for Software Filter
Chinese officials retreated after complaints from Chinese Internet users and foreign computer manufacturers.
Out of recession
Why Germany and France are outpacing the UK
Market turns up; Wal-Mart earnings help
Reuters - U.S. stocks turned higher in morning trade on Thursday, boosted by stronger-than-expected earnings from Wal-Mart Stores Inc and gains in the financial sector.
Walmart's flat profit beats estimates, shares up
Reuters - Walmart Stores Inc posted better-than-expected quarterly earnings on Thursday as a clampdown on inventory offset falling sales, and the company forecast a full-year profit that could beat Wall Street estimates, sending its shares up 1.7 percent.
CIT to submit capital plan to NY Fed
Reuters - Troubled lender CIT Group Inc on Thursday said it agreed to provide a capital and liquidity management plan to its regulator within 15 days, sending its shares up by as much as 19 percent.
Magna says resolves final Opel issues with GM
Reuters - Magna and its Russian partner Sberbank have reached agreement in principle with General Motors management over a contract to buy a stake in GM's European unit Opel, Magna's co-CEO Siegfried Wolf told Reuters on Thursday.
U.S. mortgage rates rise, may curb demand: survey
Reuters - U.S. mortgage rates rose in the latest week as Treasury yields climbed, according to a survey released on Thursday, a move that may dampen home loan demand.
Wal-Mart 2Q profit beats forecast but sales fall
AP - Tighter inventory controls helped Wal-Mart Stores Inc. earn more than Wall Street forecast in its second quarter, but the key barometer of same-stores sales fell at the world's largest retailer — a worrisome confirmation of broad weakness in consumer spending.
Retail Sales Give Wall Street a Reason to Pause
New reports showed retail sales fell unexpectedly in July and more workers are filing for unemployment benefits.
New Jobless Claims Rose Last Week
While new filings rose, the number of people remaining on the benefit rolls fell sharply.
Amaranth Settles Charges of Market Manipulation
The hedge fund controlled more than half the United States natural gas market before its collapse in 2006.
US sugar supplies 'running out'
US food manufacturers call for an easing of sugar import limits, saying they fear the country may run out of supplies.
Markets rise on Walmart results, financials
Reuters - U.S. stocks edged up on Thursday as better-than-expected earnings by Wal-Mart Stores Inc. offset gloomy government numbers on retail sales and employment.
Ford boosts output as "clunker" sales surge
Reuters - Ford Motor Co said on Thursday it will increase production over the rest of the year after a surge in sales triggered by the U.S. government's 'Cash for Clunkers' sales incentive program.
Buffett's Berkshire: We goofed on derivative risks
Reuters - Warren Buffett's Berkshire Hathaway Inc (BRKa.N)(BRKb.N) underestimated the risks of falling stock prices to its billions of dollars of derivatives bets, yet still believes it is valuing the contracts fairly.
Store Sales Slip, and Wal-Mart?s Profit Is Flat
While the results beat analysts? expectations, they underscored how challenging the retail market has become.
Volkswagen and Porsche Close in on Merger Deal
VW will pay about $4.7 billion for a 42 percent stake in Porsche?s automotive unit as part of a plan for the gradual merger of the two manufacturers.
China Cracking Down on Credit Card Issuers
Rising debt, especially among young Chinese who were poor candidates for credit cards in the first place, has put a strain on some families.
China Scales Back Software Filter Plan
Chinese officials retreated after complaints from Chinese Internet users and foreign computer manufacturers.
Magna Says Its Offer for Opel Ready for G.M. Board
The Canadian car parts maker Magna International said it had ironed out the final details in its bid to buy the Opel unit from General Motors.
Wheels: G.M. to Build $43 Million Battery Plant in Michigan
General Motors said it will spend $43 million to turn a warehouse in a suburban Detroit industrial park into a factory to build battery packs for the Chevy Volt.
VW agrees Porsche merger details
Volkswagen and Porsche agree the details under which VW will merge with its German carmaking compatriot by 2011.
Wall St up as Wal-Mart offsets economic data
Reuters - Stocks rose on Thursday as better-than-expected earnings from Wal-Mart Stores Inc helped offset disappointing government numbers on retail sales and jobs.
CORRECTED: Fed orders CIT to submit capital plan
Reuters - (Removes Thursday from paragraph 1; corrects that Fed order Wednesday, CIT announced on Thursday, paragraph 2)
By Elinor Comlay
CFTC proposes new account class for OTC derivatives
Reuters - The Commodity Futures Trading Commission on Thursday proposed creating a new account class for over-the-counter derivatives.
Nordstrom 2nd-quarter profit matches expectations
AP - Luxury retailer Nordstrom Inc. says its second-quarter profit fell 27 percent, matching analyst expectations, as the company cut costs.
Beating Forecasts, InBev Expects Difficult 2nd Half
Anheuser-Busch InBev reported second-quarter profit above analyst forecasts, but said the second half of the year would be significantly weaker.
Dr. Pepper Snapple Profit Up 46 Percent
PLANO, Texas (AP) -- Dr. Pepper Snapple Group Inc. said Thursday that its second-quarter profit climbed 46 percent, free of costs that burdened the drinks maker a year ago.
Revenue Falls 22% as Blockbuster Posts a Loss
The struggling video rental chain said its second-quarter loss narrowed as it cut costs amid declines in revenue.
Estee Lauder Posts Loss
NEW YORK (AP) -- Estee Lauder Cos. said Thursday it posted a fiscal fourth-quarter loss because of hefty restructuring charges and unfavorable exchange rates that dampened sales for the cosmetics and perfume company.
Wall Street rises as Wal-Mart offsets weak data
Reuters - Stocks rose on Thursday as better-than-expected earnings by Wal-Mart Stores Inc helped offset disappointing government numbers on retail sales and jobs.
Fed orders CIT to submit capital plan
Reuters - The U.S. Federal Reserve has ordered CIT Group Inc , the cash-strapped corporate lender struggling to avoid bankruptcy, to submit a plan for raising capital and meeting debt obligations within 15 days.
Ford raises output as "clunker" sales surge
Reuters - Ford Motor Co said on Thursday it was increasing production after a surge in sales ignited by the U.S. 'Cash for Clunkers' program.
Ginnie Mae top exec leaving for private sector job
AP - The head of the government agency that packages federally backed mortgages into investments is stepping down for a new job, people familiar with his plans said.
Retailers Post Weak Quarterly Earnings and July Sales
Reports made clear that consumers were likely to continue hoarding their dollars into the back-to-school shopping season, a crucial time for retailers.
Jobless Claims Post Increase
The Labor Department said 558,000 people filed first-time claims for jobless benefits last week, up from 554,000 the week before.
Retail Sales Give Investors Reason to Pause
The markets closed up despite reports showing consumer spending fell in July and more workers filing for unemployment benefits.
High & Low Finance: Bank?s Plight Raises Questions About Rules/Regulations
A rapidly growing bank that paid consistent dividends may soon become the largest bank to fail in 2009.
Blockbuster?s Loss Exceeds Forecast
The struggling video rental chain said its second-quarter loss narrowed as it cut costs amid declines in revenue.
Tourists face car hire shortage
European holidaymakers are facing bigger bills for hire cars - or risk not getting one at all - due to a shortage of vehicles.
German exits recession
The French and German economies unexpectedly grew by 0.3% in the second quarter of 2009, ending their recessions.
'Second wave' repossession threat
Homeless charity Shelter is fearing a second wave of home repossessions, especially when interest rates rise.
Apple board to discuss Schmidt replacement: report
Reuters - Apple Inc's board plans to meet next Tuesday and discuss potential replacements for Google Inc Chief Executive Eric Schmidt, who stepped down from the board earlier this month, the Wall Street Journal reported on Thursday, citing a person familiar with the matter.
Visteon seeks to end retiree benefits
AP - Auto parts supplier Visteon Corp. is asking a Delaware bankruptcy judge for permission to terminate retiree health care and life insurance benefits for thousands of current and former workers.
Kohl's '09 profit view weak, but Nordstrom raises
Reuters - Department store operator Kohl's Corp gave a weak outlook for the rest of 2009 due to higher costs from new store openings, but upscale retailer Nordstrom Inc raised its profit view for the year and said recent sales trends were encouraging.
Europe?s Surge Signals Hope for Economic Recovery
The unexpected surge showed just how far Europe and the global economy had come since a harrowing free fall in late 2008.
Care to Write Army Doctrine? If You Have ID, Log On
In July, the Army began encouraging its personnel to go online and collaboratively rewrite seven of the field manuals that give instructions for Army life.
G.M.?s Unit for Investing to Attract Pay Scrutiny
Traders at Promark Global Advisors accounted for many of the top 25 earners at General Motors.
Woman Tells of Affair With Madoff in New Book
Sheryl Weinstein, the chief financial officer of an organization that invested with Bernard L. Madoff, will soon release a memoir disclosing the relationship.
Netscape Founder Backs New Browser
Now a prominent financier, Marc Andreessen is backing a start-up called RockMelt, that is building a new Internet browser.
Retailers Post Weak Earnings and July Sales
Reports made clear that consumers were likely to continue hoarding their dollars into the back-to-school shopping season, a crucial time for retailers.
Senators Investigate Hospital Purchasing
Private companies negotiate prices of medical goods, and Medicare reimburses hospitals. But lawmakers fear that the process may inflate health costs.
Volkswagen and Porsche Close In on Deal to Combine
VW will pay about $4.7 billion for a 42 percent stake in Porsche?s automotive unit as part of a plan for the gradual merger of the two manufacturers.
Dealers Can Reserve Vehicles to Cover Clunker Trade-Ins
The government?s car rebate program has been so popular that some buyers have had trouble finding the vehicles that they want.
A Partial Approval for Amgen?s Osteoporosis Drug
The new drug, the company?s best hope for future growth, won a partial endorsement from a federal advisory committee despite concerns about the product?s safety.
U.S. Builds Crime Cases on Clients of UBS
Criminal complaints are expected to result from many of the inquiries by federal prosecutors against UBS account holders.
Advertising: Host Loses Some Sponsors After an Obama Remark
As commentary on cable news reaches a rhetorical boiling point, advertisers may become more skittish about being near it.
Times Company Creating a Wine Club
The club, an unusual brand extension for the paper but similar to other publications?, will ship hard-to-find wines to members.
Ticketmaster in a Slide
The recession, declining ticket sales and charges related to its expected merger with Live Nation contribute to the drop in second-quarter net income.
China Warms to New Credo: Business First
China has tried to separate its push into the global business arena from domestic politics, but lately when politics and business have collided, business has won.
Breakingviews.com: Rock ?n? Roll, Then and Now
Rock ?n? Roll,.
High & Low Finance: Teetering On Failure, But Meeting Standards
A rapidly growing bank that paid consistent dividends may soon become the largest bank to fail in 2009.
Bank of America ends arbitration of card disputes
Reuters - Bank of America Corp , the largest U.S. bank, said on Thursday it is dropping a requirement that forces consumers with disputes on credit cards and other accounts into an arbitration process, which critics say favors card issuers.
Care to Write Army Doctrine? With ID, Log On
The Army has began encouraging the collaborative rewriting of some of the manuals that guide Army life.
Invigorated by Clunker Cash, Ford Moves to Increase Output
The automaker will produce 10,000 more cars in the third quarter and 140,000 more in the fourth.
Japan stocks at 10-month high after eurozone data
Reuters - Japan's Nikkei share average (.N225) rose to a 10-month high on Friday after upbeat eurozone growth data and positive earnings from the world's largest retailer helped offset gloomy U.S. retail and jobs data, factors which brought down the dollar.
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