Business and Finance News

Henry Paulson makes positive speech on economy
El Salvador News.Net
US Treasury Secretary Henry Paulson has said he believes the financial crisis is coming to an end but society could take some time to fully emerge from the malaise.
UK construction industry hit by government squeeze
El Salvador News.Net
A squeeze on UK government spending has begun to hit the construction industry.
Car sales hold up in Europe
El Salvador News.Net
New car registrations are up in Europe.
Winemaking patriarch Robert Mondavi dies
MSNBC
A winery spokeswoman says California winemaking patriarch Robert Mondavi has died. He was 94.Robert Mondavi Winery spokeswoman Mia Malm says Mondavi died peacefully at his home in...
SingTel moves into faster networks
El Salvador News.Net
Singapore Telecommunications, otherwise known as SingTel, has awarded a SIN$220 million contract to Ericsson Telecommunications to expand its 2G and 3G mobile network.
Indonesian leaders to meet over fuel prices
El Salvador News.Net
Indonesia’s House of Representatives Speaker, Agung Laksono, has invited President Susilo Bambang Yudhoyono to a consultative meeting on the government's plan to raise fuel oil prices.
Indian car maker launches eco-friendly model
El Salvador News.Net
Tata Motors of India has launched a new dual fuel, eco-friendly model of its Indica range of vehicles.
Bacon painting fetches record price
El Salvador News.Net
Renowned artist Francis Bacon's masterpiece, 'Triptych', has set a new record in sales by fetching a whopping 43 million pounds at an auction in New York.
British Airways lifts profits
El Salvador News.Net
British Airways has reported a 45% rise in annual profits but warned that economic uncertainty and high fuel costs pose challenges.
US stocks lower after a good week
El Salvador News.Net
U.S. stocks closed mostly lower on Friday, with a slide in consumer confidence and surging crude oil prices fueling worries about the economy.
Australian cricketers coaxed back to Jaipur
El Salvador News.Net
Faced with the threat of losing future earnings in the Indian Premier League, Australia's contingent from the Rajasthan Royals franchise were coaxed back to Jaipur despite their fears following Tuesday's deadly terrorist attack in the capital city of Rajasthan.
Microsoft Windows comes to green laptop
Earth Times
San Francisco - The One Laptop Per Child project will install Windows XP on its low-cost laptops for students in developing countries, according to a joint announcement Friday. The operating...
Most stocks drop on Wall Street
Earth Times
New York - Most stocks fell Friday on Wall Street, led by retailers and financial services companies, after consumer confidence slumped to the lowest in 28 years and Merrill Lynch & Co advised...
$100 laptop nonprofit now teamed with Microsoft
KeralaNext
The One Laptop Per Child project is about to find out whether Microsoft Corp., a rival the nonprofit group once derided, is the solution to its problems in spreading inexpensive portable...
; Store Joins Target, Wal-Mart in Selling Discounted 90-Day Generic Prescriptions
RedOrbit
Posted on: Saturday, 17 00:00 CDT By CHERYL CASWELL Kroger is jumping on the prescription discount bandwagon and offering 90-day supplies of hundreds of generic medications for $10. The...
SoCal developer Maguire to end bid to buy company
San Diego Union-Tribune
LOS ANGELES &#8211; Developer Robert F. Maguire III has abandoned efforts to buy back the company that bears his name and is on the verge of being replaced as its chief executive and chairman, The...
California winemaking patriarch Robert Mondavi dead at 94
San Diego Union-Tribune
BERKELEY &#8211; Robert Mondavi, the pioneering vintner who put California wine country on the global map, has died. He was 94. Mondavi died peacefully at his home in Yountville on Friday, said...
AOL sheds its brand to draw specialty audiences
San Diego Union-Tribune
NEW YORK &#8211; Unless you're looking carefully, you'll likely miss the fact that the new Asylum Web site for young men is a creation of Time Warner Inc.'s AOL. Same for WalletPop on personal...
Interior Department to hold Alaska oil lease sale
San Diego Union-Tribune
JUNEAU, Alaska &#8211; The Interior Department said Friday it is moving forward with an oil and gas lease sale covering nearly 4 million acres in Alaska's National Petroleum Reserve. The...
Inspire, Saten test dry eye product
Herald Sun
Inspire Pharmaceuticals Inc. announced Friday the receipt of a $1.25 million milestone payment from its Asian partner, Santen Pharmaceutical Co. Ltd., for the completion of Santen's Phase 3 testing...
American Axle and UAW reach tentative agreement
Reuters
Research ) reached a tentative contract agreement late Friday aimed at ending an 11-week-long strike that had triggered thousands of layoffs and cost General Motors Corp...
U.S. Airways pilots say too soon for United tie-up
San Diego Union-Tribune
PHOENIX &#8211; The pilots union for US Airways says the carrier should focus on its last merger before discussing another tie-up with United Airlines. The US Airline Pilots Association says it's...
Yahoo seeks to conceal parts of shareholder lawsuit over Microsoft offer
C News
Yahoo Inc. is seeking to conceal large portions of a shareholder lawsuit alleging the Internet company's board improperly thwarted Microsoft Corp.'s US$47.5-billion takeover offer...

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