Business and Finance News
Eu 'nearing' Greece Bail-out Deal
BBC
The EU is poised to reach agreement on a multi-billion euro bail-out for Greece after weeks of crisis, senior officials have told the BBC.The rescue package would provide loans and guarantees for Gree...
Brian Pitman, Former Lloyds Chief, Dies At 78
International Herald Tribune
Go to your Portfolio » His death was announced by the British Bankers’ Association, which said he had a heart attack earlier in the week. Mr. Pitman joined Lloyds Bank in 1952 and was chi...
Fdic Shuts 30th Bank For 2010
CBS News
People are seen inside the LibertyPointe Bank branch at 120 Broadway Friday in New York. Regulators on Friday shut down banks in New York, Florida and Louisiana, raising to 30 the number of failures t...
Video: Text Messages That Self-destruct
CBS News
Shira Lazar talks to Jeffrey Evans who began Tiger Text, a texting application that allows the sender to control the lifespan of their text messages.
China Gov't Advisers Urge Steady Economy
ABCNews
Delegates queue up to leave the main hall at the Great Hall of the People after the closing session of the Chinese People's Political Consultative Conference, China's top political advisory body, in B...
Wal-mart Will Pay Millions In Bias Case
Lexington Herald-Leader
The country's largest private employer, retail giant Wal-Mart Stores Inc., will pay $11.7 million to settle a federal discrimination lawsuit that contended the company didn't hire women at its London ...
Stocks To Watch: Stocks In Focus For Monday
MarketWatch
This is the right time for stocks Historically, there have been two particularly auspicious times to buy stock each year. Right now is one of them, writes Kevin Marder.
Royal Mail Quality Tests 'rigged'
BBC
The postal watchdog is considering taking action against Royal Mail after finding quality tests had been rigged.Postcomm, acting on an insider tip-off, found that addresses involved in test deliveries...
Subscribers: Us Switches To Daylight-saving Time
Fox Business
The U.S. and much of Canada will move to daylight-saving time from standard time on Sunday, when clocks will be moved forward by one hour. Regular items transmitted from these countries will appear o...
Canwest Lp Proceeds With Sale
Financial Post
Canwest Global Communications Corp. said yesterday it is moving on to the second phase of the bidding process for its newspaper division with several non-binding offers in hand. The country's largest...
Video: Text Messages That Self-destruct
CBS News
Shira Lazar talks to Jeffrey Evans who began Tiger Text, a texting application that allows the sender to control the lifespan of their text messages.
Video: Baby Sling Safety Warning
CBS News
The Consumer Product Safety Commission is investigating at least 14 deaths involving baby slings. Safety officials warned parents of the potential danger of carrying infants in them. Elaine Quijano re...
Exxon Mobil To Proceed With Lng Project
Yahoo!7 News
Papua New Guinea .Sales and purchase agreements with LNG buyers, and financing arrangements with lenders, have been completed, the company said on Saturday.Its affiliate, Esso Highlands Limited, is no...
Wall Street Faces Fed Meeting With Momentum
Yahoo!7 News
Wall Street stocks are set to build on nearly year-and-a-half highs as they face next week's key economic reports and the US Federal Reserve's monetary policy meeting."We are in the process of te...
From Three Local Authors Who Know Volumes
Star Tribune
Three folks with deep business roots in the Twin Cities have recently published interesting books. Robert MacGregor was a Presbyterian minister in southeast Minneapolis 50 years ago, who went from co...
New Owner Plans To Finish Sexton Lofts
Star Tribune
The Sexton Lofts condominium development in downtown Minneapolis has a new owner that plans to complete units left unfinished when the project was hit with financial and legal problems. Minneapolis L...
Blue Cross Is Sued Over Disclosing Woman's Records
Star Tribune
Blue Cross and Blue Shield of Minnesota, the state's largest health insurer, accidentally published a customer's personal medical information in a handbook prepared for 95,000 members of a popular hea...
Buyout Rumors Push Supervalu Stock Up 6%
Star Tribune
Supervalu Inc. shares rose the most in almost a year and trading of bullish options surged to a record Friday on speculation that the Eden Prairie-based grocery chain will be acquired. The shares cli...
Cavuto: Hold On To Your Wallets
Fox Business
Missed Friday's Cavuto? Catch "The Deal" right here on FOXBusiness.com Around the clock to get the votes for a package whose price is out of this world. Here's the deal: Get the deal done. Now. So...
Nortel Sales Decline As Customers Cut Spending
Reuters
(Reuters) - Bankrupt Nortel Networks Corp on Friday posted a 62 percent drop in quarterly revenue, as customers cut spending in the face of uncertainty about its bankruptcy proceedings and the shaky e...
Wamu Reaches Settlement With Jpmorgan, Fdic
ABCNews
Washington Mutual Inc. has tentatively resolved disputes with JPMorgan Chase & Co. and the Federal Deposit Insurance Corp. over some $4 billion at issue in the bank holding company's Chapter 11 bankru...
Nortel Networks Posts Profit In 4q
ABCNews
Bankrupt telecom equipment maker Nortel Networks Corp. said Friday it posted a profit in the fourth quarter, thanks to a large gain related to an asset sale. For the three months ended Dec. 31, Nor...
Hecker Won't Wipe Out $767 Million In Debt
Star Tribune
Besieged auto dealer Denny Hecker this week gave up his desperate court fight to get out of debt so he can focus his energies on staying out of prison. In a surprising twist, the defeated auto mogul ...
Us Stocks Mixed At Week's End
Earth Times
New York - US stocks were mixed on Wall Street Friday, with an unexpected increase in retail sales as shoppers defied heavy snow in February, boosting some results. Retail sales rose in February by 0....
Wsj: When Archbishop, Pope Knew Of Sex-offender Priest
Fox Business
VATICAN CITY -(Dow Jones)- A burgeoning sex-abuse scandal among German priests escalated on Friday with a disclosure by Pope Benedict XVI's former archdiocese, which said a priest known to the church...
Nortel Reports Fourth-quarter Profit
Fox Business
SAN FRANCISCO -- Nortel Networks Corp. said Friday it swung to a fourth-quarter profit of $1.78 billion, or $3.34 a share, from a loss of $2.14 billion, or $1.02 a share in the same period a year ear...
Evolving Systems Board Chairman Steps Down
Fox Business
EVOL ) announced Friday that the Chairman of its Board of Directors, Stephen K. Gartside, resigned, after serving on the board since January of 2004. Thad Dupper, the software solutions and services...
Tax Q&a On Withholding, And Spouses Who Live Apart
Fox Business
LOS ANGELES -- When you and your wife live and work in two separate states, how do you file your tax returns? And whose fault is it if your payroll department took too little withholding out of your ...
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