Archive for the “Latest News” Category

Nigeria police seize funds allegedly raised for Obama - Los Angeles Times
LAGOS, NIGERIA — Nigerian anti-graft police have seized $629,834 raised at a gala dinner in support of Sen. Barack Obama’s presidential campaign, authorities said Sunday. Obama’s campaign said it was in no way affiliated with the group Africans for

Chicago’s Olympic potential - Chicago Tribune
For two weeks, Beijing was the talk of the world. Eight years from now, that might be Chicago. The Tribune’s Kathy Bergen reported recently that this city has emerged as the front-runner to be host of the 2016 summer Olympics . “It’s Chicago’s to

Michigan delegates to Republican convention raise money for Gustav - Detroit News
Michigan delegates to Republican convention raise money for Gustav relief Deb Price / The Detroit News ST. PAUL, Minn. — Michigan Republican delegates pitched in at a silent auction Sunday night to raise money to help any Gulf Coast victims of

India’s Reliance abandons stake transfer, has funds - Reuters
MUMBAI, Sept 1 (Reuters) - India’s Reliance Industries Ltd (RELI.BO: Quote , Profile , Research , Stock Buzz ) has abandoned a plan to transfer an 80 percent stake in a deepwater block to its subsidiaries as it has raised the money it needs for the

Ad targeting based on ISP tracking now in doubt - Detroit News
NEW YORK — It sounded like a winning proposition — free money — for World wide web access providers. By tracking their subscribers’ personal Web surfing habits, they could help deliver ads targeted to the consumers’ interests, and claim a share of the

Oil rises on storm fears - MSN UK News
HONG KONG (Reuters) - Oil rose above $116 a barrel on Monday, as a quarter of U.S. crude production was shuttered because of Hurricane Gustav, while Asian stocks were stung by slumping technology shares. Gustav was expected to strike land west of New

Oil up on storm fears as Asia stocks slump - MSN MoneyCentral
HONG KONG (Reuters) - Oil rose above $116 a barrel on Monday, as a quarter of U.S. crude production was shuttered because of Hurricane Gustav, while Asian stocks were slammed by slumping technology shares. European share market futures pointed to a

Florida delegates focus on Gustav - Miami Herald
MINNEAPOLIS A pep rally for Florida delegates is being recast as a prayer breakfast. Money for a post-convention pool celebration is going to the American Red Cross. Gov. Charlie Crist may skip the whole thing, delivering storm briefings from Tallahassee

RPT-GLOBAL MARKETS WEEKAHEAD-September test for stocks - Reuters
LONDON, Aug 31 (Reuters) - September is when many major investors are back from their summer break, so this week will be the first test of whether they are ready to jump into battered equity markets to salvage a bad year. It will also be crucial for

Chinese bankers, wives found guilty in bank scam - Miami Herald
LAS VEGAS Two former Bank of China managers and their wives have been convicted of conspiracy charges in an elaborate, 13-year scheme to embezzle $485 million from a state-owned bank and launder the money in other countries. Former bankers Xu Chaofan

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Del Rio officials sign coop agreement with Small Business … - Del Rio Live!

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Sarah Palin: Just How Pro-Small Business Is She? - U.S. News & World Report


Times On the web

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Click here for an archive of Jim Cramer's Mad Money recaps. - TheStreet.com

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Money managers anticipate muted year-end tech rally - guardian.co.uk

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CHINA'S AG BANK ISSUES US$39 BLN LOANS TO SMALL BUSINESS IN H1 - Trading Markets (press release)

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Best Buy(R) News Media Policy Eases Store Access For West Virginia - MSN MoneyCentral
  Ideal Purchase is pleased to participate in West Virginia’s upcoming sales tax holiday September 1 -7. During the holiday, all ENERGY STAR-qualified products including appliances and electronics that are priced less than $2,500 can be bought tax-free

Mozilla’s Google subsidy to last three more years - CNET News
Mozilla and Google have extended a search deal through 2011, providing some financial security to the backer of the open-source Firefox Web browser. “We’ve just renewed our agreement with Google for an additional three years. This agreement now ends

Answers to 401(k) plan questions - MSN MoneyCentral
(AP) - Making decision about retirement savings can be complicated. Many workers may see recent drops in the value of their employer-sponsored 401(k) programs and question whether they should be making changes. Following are some answers to common

Hoffman Estates police seek 2 men who robbed Mobil gas station at - Chicago Tribune
Two men robbed a Hoffman Estates gas station at gunpoint and escaped with an undisclosed amount of cash, police said Thursday. The men walked into a Mobil station at 2595 W. Golf Rd. about 8:45 p.m. Wednesday and demanded money, stated Police Lt. Rich

RBC has “aggressive but disciplined” M&A approach - Reuters
TORONTO, Aug 28 (Reuters) - Royal Bank of Canada (RY.TO: Quote , Profile , Research , Stock Buzz ) is looking at potential acquisitions in U.S. personal and commercial banking “with a tremendous amount of caution,” President and Chief Executive Gord

Seniors want retirement at 75 - News.com.au
Seniors group wants retirement age raised to 75 They also want the way pensions are set to be re-evaluated More superannuation news in our Money section THE nation’s peak seniors group has called on the Rudd Government to raise the retirement age to

Fannie Video Gallery - CNBC
News from Fannie and MBIA after the bell, with the Fast Money traders. SEC Chairman on Fannie, Fre SEC Chairman Christopher Cox discusses the future of troubled mortgage lenders Fannie Mae and Freddie Mac with CNBC’s Er Should Fannie & Freddie

Newport News police searching for two men in connection with attempted - The Virginian-Pilot
An 18-year-old was shot Tuesday night as he ran away from an attempted robbery and police are asking the public’s help finding two suspects. The two suspects went into the Texaco at 4900 Jefferson Ave. shortly before midnight and asked the 18-year

Some Clinton fundraisers squeezing money for Obama - The Washington Times
DENVER (AP) - Alexander Heckler is working hard to dispel The Rift. Here at the Democratic National Convention, the youthful and energetic former Florida finance chairman for Hillary Rodham Clinton is handing out party tickets and hard-to-get floor

Transcript: Color of Money Book Club - Washington Post
Personal finance columnist Michelle Singletary hosted an online discussion with Carolyn Warren , author of “Mortgage Rip-Offs and Money Savers” (John Wiley & Sons), on Thursday, Aug. 28 at Noon ET. Carolyn Warren: I list 7 disadvantages of an

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CEOs Get Fewer Perks - BusinessWeek
It may still be good to be king, but increasingly the job is coming with fewer perks. In its third annual study of fringe benefits for chief executives, compensation research firm Equilar found that the median values of seven of the nine major CEO

City calls on Brown not to hit energy profits - Financial Times
The City urged Gordon Brown yesterday to resist pressure from his own backbenchers to impose a windfall tax on energy companies. The prime minister is facing a growing rank-and-file rebellion after almost 80 Labour MPs signed a petition calling for

PetroChina 1H profit down 35 pct, CNOOC up 89 pct - Washington Post
SHANGHAI, China — Earnings results announced Wednesday by major Chinese oil companies were in line with expectations, with industry leader PetroChina ’s first-half net profit falling 34.5 percent amid rising losses in its refining business

Most Japan Stocks Fall on Bankruptcy Concern; Acom Surges - Bloomberg
Aug. 28 (Bloomberg) — Most Japan stocks fell on concern more real estate companies will go bankrupt, and shipping lines declined on a sixth-straight drop in cargo fees for commodities. Mitsui Fudosan Co., Japan’s largest developer, lost 2.2 percent

China, Iraq reach $3 bln oil service deal - Washington Post
SHANGHAI, China — China and Iraq have signed a $3 billion deal revising an earlier agreement for China’s biggest oil company to help develop the Ahdab oil field, according to a statement from the Iraqi Embassy in Beijing. The deal, restoring a

Germany’s Jobless Rate Declines to Lowest in 16 Years (Update1) - Bloomberg
Aug. 28 (Bloomberg) — German unemployment fell more than economists expected in August, pushing the jobless rate to the lowest level in 16 years. The number of people out of work, adjusted for seasonal swings, dropped 40,000 to 3.2 million after

Big Shift in Accounting Rules Nears - BusinessWeek
Searching for what he called a “lingua franca” of financial statements, Securities & Exchange Commission Chairman Christopher Cox announced on Aug. 27 a road map by which U.S. companies may report their numbers using international accounting rules

European Shares Set to Tick Up; Earnings, Oil Eyed - CNBC
European shares were set to open slightly higher on Thursday amid a flurry of corporate results, with gains tempered by an oil price that threatened to rise past $120 a barrel. Bookmakers expected Britain’s FTSE 100 to open up 6-11 points, DAX down 3

Deals of the day — mergers and acquisitions - Reuters
Aug 28 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0530 GMT on Thursday. (For Reuters columns on deals, click on [DEALTALK] ** Nokia Siemens Networks [NSN.UL] said

Mortgage finance firm Fannie Mae shakes up executive ranks as shares - Los Angeles Times
WASHINGTON (AP) _ Mortgage finance giant Fannie Mae shook up its executive ranks Wednesday, after shares in it and sibling company Freddie Mac rose for a third straight day as investors appeared less certain a government bailout of the two troubled

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Splash out without drowning in debt - The Independent
Filling your wallet with all those grown-up-looking plastic cards is one of the joys of starting university. Matriculation card, bank card, drinking society card: you name it, there’s a card for it. But students could be carrying significantly

DriverSide Acquires fairBenjamin, Giving Consumers Even More - MSN MoneyCentral
The 196 Million U.S. Car Owners Can Now Get Improved Data on the Cost of Service SAN FRANCISCO , Aug. 27 /PRNewswire/ — DriverSide, the first full service Web site dedicated to saving consumers time and money by making the ownership or lease

The Conference Board(R) Australia Business Cycle Indicators(SM) - MSN MoneyCentral
Australia Leading Economic Indicators and Related Composite Indexes for June 2008 NEW YORK , Aug. 27 /PRNewswire/ The Conference Board announced this day that the leading index for Australia declined 0.5 percent and the coincident index remained

Rising fraud threats in virtual worlds - CNET News
Virtual worlds are playgrounds not just for people who want some online fantasy role playing, but for cyber criminals who are looking for places to launder money and steal data, according to a new whitepaper from McAfee . The in-game economies of

News - Security - CNET News
Virtual worlds are playgrounds not just for people who want some on the web fantasy role-playing, but for cybercriminals who are looking for places to launder money and steal data, according to a new white paper from McAfee (PDF) . The in-game economies

Jurors of Chicago inspections supervisor view alleged exchange of cash - Chicago Tribune
City inspector Travis Echols wandered toward his boss’ desk as he said he’d done before , telling the supervisor he was fresh from a building site with a pocketful of bribe money from a contractor who needed him to look the other way. “I got a

Exec behind male supplement Enzyte gets 25 years for fraud - USA Today
Steve Warshak, 42, founder of Berkeley Premium Nutraceuticals, also was ordered to pay $93,000 in fines. He was convicted in February on 93 counts of conspiracy, fraud and money laundering.

In Iraq, displaced families return to ruins - Los Angeles Times
HAY ASKARI, IRAQ — After the gunfire and explosions, after the panicked flight to an unfamiliar town, the Kadims had one more shock in store: the homecoming. When the family of 12 returned to Hay Askari in mid-July, tiny remained of the prosperous

Democrats confident relief money headed for Iowa - Chicago Tribune
DENVER - Democratic lawmakers say they believe Congress can pass a package of financial flood aid by the end of September. U.S. Home Speaker Nancy Pelosi and Senate Majority Whip Dick Durbin told the Des Moines Register on Wednesday that they’re

‘Fast Money’ Recap: Natural Gas Glows - Street.Com
On CNBC’s “Fast Money,” Melissa Lee started the program by mentioning the “there was a jump in crude oil this day as a result of the Hurricane Gustav.” Many investors are speculating the hurricane will hit the Gulf Coast. Lee asked the panelist whether

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Stocks open flat after durable goods orders rise - Forbes
Stocks are tiny changed in early trading as rising oil prices are again limiting the market’s upbeat reaction to economic data. Crude oil is up $2.51 a barrel at $118.78 on the New York Mercantile amid continuing concerns that Tropical Storm Gustav

US STOCKS-Wall Street gains on stronger data, financials - Reuters
NEW YORK, Aug 27 (Reuters) - U.S. stocks advanced moderately on Wednesday on an unexpectedly strong rise in orders for durable manufactured goods and resilience in the financial sector. Investors also welcomed remarks from Atlanta Federal Reserve

Euro Stocks Pare Losses on US Durable Goods Data - CNBC
European shares pared losses in afternoon trade on Wednesday to turn flat after U.S. durable goods data came in stronger than expected. The FTSEurofirst 300 index of top European shares was 0.06 percent lower at 1,170.40 points, rising from 1,165.63

Oil tops $119 a barrel on worry about Gustav; stocks rise - USA This day
NEW YORK — Oil prices shot above $119 a barrel Wednesday, rising for a third day as Tropical Storm Gustav spun toward the Gulf of Mexico on a possible collision course with offshore oil and gas platforms. Stocks turned higher Wednesday after the

HEADLINE STOCKS-U.S. stocks on the move on Aug 27 - Reuters
The No. 4 U.S. investment bank, which has posted $7 billion in write-downs and losses, has asked three private equity firms to remain in the bidding for its asset management arm even though it has yet to decide on whether to sell it, the Financial

Stocks strengthen on durables - CNN Money
NEW YORK (CNNMoney.com) — Stocks pointed to higher open Wednesday, as a better-than-expected durable goods report offset a jump in oil prices. After drifting in negative territory for most the morning, futures were higher less than a half hour

BeaconEquity.com Issues Technical Trade Alerts on Agriculture Chemical - Forbes
DALLAS, Aug. 27 /PRNewswire/ — BeaconEquity.com announces the availability of Trade Alerts on stocks making news this day. Investors can view all of the daily trading notes for free by visiting: http://www.BeaconEquity.com/m Today’s Trade Alerts

7 Highly Rated Stocks on Sale - MSNBC
I’m always looking for a good deal, whether that means buying an extra box of Golden Grahams when they’re on sale, or pouncing on undervalued stocks. The idea that anybody would sell a stock for less than its worth may seem silly, but legendary value

Brazilian Stocks Gain Most in Week, Led by Banks; Bolsa Rises - Bloomberg
Aug. 27 (Bloomberg) — Brazilian stocks gained the most in a week as the first drop in wholesale prices in two years boosted retailers and banks while rising commodity prices sent energy and steel producers higher. Lojas Americanas SA and Banco do

Stocks open blended after durable-goods report - MSNBC
NEW YORK - Wall Street opened blended Wednesday after the government reported a larger-than-expected increase in orders for big-ticket manufactured goods. The Commerce Department says orders for durable goods jumped 1.3 percent in July compared to the

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