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Northern Rock boss Ron Sandler leads the race for Lloyds chairLloyds Banking Group has narrowed the search for a successor to chairman Sir Victor Blank with Ron Sandler head of stateowned Northern Rock emerging as the new favourite and frontrunner.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 19 Jul 2009 | 5:11 pm Wall Street looks to earnings to extend rally (AP)AP - Investors are hoping companies' streak of good earnings news continues this week.Source: Yahoo! News: Stock Markets News | 19 Jul 2009 | 5:10 pm German EconMin rules out GM buyback of Opel-paperFRANKFURT, July 19 (Reuters) - Germany's economics minister ruled out any attempt by General Motors to include an option to buy back majority control of Opel as part of a deal to give up over 50 percent...Source: RSS feed - channel BNewsBusiness | 19 Jul 2009 | 4:49 pm First look: 'Harry Potter' opens to $159.7 million, '500 Days' starts big"Half-Blood Prince" doesn't beat its predecessor by much.
Source: L.A. Times - Business | 19 Jul 2009 | 4:45 pm 'Question marks' over Opel bidsQuestions need to be answered by the three bidders for a majority stake in Opel, Germany's economy minister has said.Source: BBC News | Business | World Edition | 19 Jul 2009 | 4:32 pm Rodeos holding tight during economic recessionAs they ride out the economic recession, some American rodeos are bucking the hard times while others are sitting on the fence. Rodeo officials across the country say they've been...Source: RSS feed - channel BNewsBusiness | 19 Jul 2009 | 4:18 pm Xinjiang widens crackdown on UighursThe government of the western Chinese region is stepping up security amid a widening crackdown on members of Uighurs after ethnic unrest earlier this month that left more than 190 deadSource: Financial Times - US homepage | 19 Jul 2009 | 4:13 pm U.S. REITs seeking billions in IPOs, follow-ons (Reuters)Reuters - Several large investment firms are creating new lending companies that plan to go public to raise billions of dollars to take advantage of the distress in the commercial real estate market, and more are on the horizon.Source: Yahoo! News: Business | 19 Jul 2009 | 4:04 pm U.S. REITs seeking billions in IPOs, follow-onsNEW YORK (Reuters) - Several large investment firms are creating new lending companies that plan to go public to raise billions of dollars to take advantage of the distress in the commercial real estate market, and more are on the horizon.Source: Reuters: Business News | 19 Jul 2009 | 4:04 pm U.S. REITs seeking billions in IPOs, follow-onsNEW YORK (Reuters) - Several large investment firms are creating new lending companies that plan to go public to raise billions of dollars to take advantage of the distress in the...Source: RSS feed - channel BNewsBusiness | 19 Jul 2009 | 4:04 pm U.S. REITs seeking billions in IPOs, follow-ons (Reuters)Reuters - Several large investment firms are creating new lending companies that plan to go public to raise billions of dollars to take advantage of the distress in the commercial real estate market, and more are on the horizon.Source: Yahoo! News: Stock Markets News | 19 Jul 2009 | 4:04 pm First look: 'Harry Potter' opens to $159.7 million, '500 Days' starts big"Half-Blood Prince" doesn't beat its predecessor by much.Source: RSS feed - channel BNPaperBusiness | 19 Jul 2009 | 4:04 pm White House sees GDP showing signs of progressWASHINGTON (Reuters) - Second-quarter U.S. gross domestic product figures are likely to be better than the first quarter, showing some signs of improvements in the economy, White House Budget Director Peter Orszag said on Sunday.Source: Reuters: Business News | 19 Jul 2009 | 4:03 pm RPT-IPO VIEW-US REITs seeking billions in IPOs, follow-ons* REIT follow-ons up 150 pct so far this year (Repeating story that initially moved on Friday)Source: RSS feed - channel BNewsBusiness | 19 Jul 2009 | 4:02 pm White House sees GDP showing signs of progress (Reuters)Reuters - Second-quarter U.S. gross domestic product figures are likely to be better than the first quarter, showing some signs of improvements in the economy, White House Budget Director Peter Orszag said on Sunday.Source: Yahoo! News: Business | 19 Jul 2009 | 4:01 pm All Kiwis to be rated for credit reliabilityAll New Zealanders are to be assessed for creditworthiness under a new system the country's biggest credit agency is launching. Veda Advantage plans to give Kiwis a score from minus 330 to plus 1000. Most people will rate above...Source: New Zealand Herald - Business | 19 Jul 2009 | 4:00 pm Fonterra shake-up back on the tableCapital structure reform of New Zealand's biggest company, Fonterra, is to be a staged process, with shareholders likely to be asked to vote on the first of up to four steps in November. It will be the co-operative dairy giant's...Source: New Zealand Herald - Business | 19 Jul 2009 | 4:00 pm Diamonds are a pub's best friendFrom quiz nights to giving away diamonds, bars are coming up with creative ways to attract punters as the recession drags on. Last Thursday, the promise of $10,000 worth of free Moet at central Auckland bar Sale St's "Black & Bling"...Source: New Zealand Herald - Business | 19 Jul 2009 | 4:00 pm Former Lehman staff get bonusesBritish bank Barclays is to pay tens of millions of pounds to its investment bankers, with some of the biggest payouts expected to go to former Lehman Brothers traders. The bankers, who have made huge profits from trading in government...Source: New Zealand Herald - Business | 19 Jul 2009 | 4:00 pm NewsWatch: CIT in talks with bondholders on rescue: reportsCIT Group Inc. was trying to negotiate a rescue financing with a group of bondholders to avoid having to file for bankruptcy, media reports say.
Source: MarketWatch.com - Top Stories | 19 Jul 2009 | 4:00 pm Insulation offer cuts dole queueInsulation companies are hiring staff during the tough recession thanks to the Government's subsidised plan to make New Zealand houses more energy-efficient. Three firms the Herald spoke to have hired a combined total of 165...Source: New Zealand Herald - Business | 19 Jul 2009 | 4:00 pm Rio Tinto exec may be charged in China iron ore probeChina's arrest of Rio Tinto Group's Stern Hu is related to a criminal probe into iron-ore price talks, not espionage, and the case may result in a decision to charge the mining executive, Australia's Foreign Minister said last night. Stephen...Source: New Zealand Herald - Business | 19 Jul 2009 | 4:00 pm Corporates cut back on travelBusiness tourism has been hit hard in the past year, but an industry leader sees signs it is starting to pick up again. Alan Trotter, chief executive of Conventions and Incentives New Zealand, said that while association conferences...Source: New Zealand Herald - Business | 19 Jul 2009 | 4:00 pm Chuck Jaffe: Five reasons your mutual funds still disappointNelson, a 60-something investor from Boston, said he opened his mid-year mutual-fund statements expecting to see something he hadn’t seen in a while: respectable gains. He was disappointed.
Source: MarketWatch.com - Top Stories | 19 Jul 2009 | 4:00 pm Smart money for smart ideasWith an estimated $100 million in new capital needed by start-up businesses every year, Ken Erskine matches potential investors and compatible companies. As director of the Icehouse business incubator's start-up division and investor...Source: New Zealand Herald - Business | 19 Jul 2009 | 4:00 pm John Hartnell: Councils' GM phone poll farcical money-wasterSeven upper North Island councils will be wasting thousands of ratepayers' dollars in a planned telephone poll on genetic modification. The poll will ask if genetically modified organism (GMO) trials should be allowed to take place...Source: New Zealand Herald - Business | 19 Jul 2009 | 4:00 pm Bargain sale pulls millionaires resort from bankruptcyMONTANA - The ultra-posh, millionaires-only resort, the Yellowstone Club, is in new hands following a US$115 million deal that the new owner hopes will close the door on the club's much publicised descent into bankruptcy. Eight...Source: New Zealand Herald - Business | 19 Jul 2009 | 4:00 pm Al Rajhi Bank Achieves SR 3.5 Billion in Profits During the First Half of This Year, a 5% Increase Over Last YearRIYADH, Saudi Arabia, July 19 /PRNewswire/ -- Al Rajhi Bank CEO, Mr. Abdullah Sulaiman Al Rajhi announced that the Bank posted a net profit of SR 3,503 million, compared...Source: RSS feed - channel BNewsBusiness | 19 Jul 2009 | 3:30 pm China says recent Urumqi unrest was premeditated (AP)
Source: Yahoo! News: Stock Markets News | 19 Jul 2009 | 3:23 pm Boston Globe union to vote again on new contractMembers of The Boston Globe's largest labor union will decide this week whether to accept a new contract that makes deep cuts to wages and benefits. Monday's vote will be the second in...Source: RSS feed - channel BNewsBusiness | 19 Jul 2009 | 3:19 pm Mobius sees crisis repeat without derivative rulesMark Mobius, executive chairman of Franklin Templeton Investments, says he fears the U.S. and other countries will fail to regulate derivatives properly, setting the stage for a repeat of current financial turmoil in a few years.
Source: MarketWatch.com - Top Stories | 19 Jul 2009 | 3:07 pm Top Barclays executive 'to quit'The top Barclays executive behind the bank securing billions of pounds in overseas funding is set to quit, reports suggest.Source: BBC News | Business | World Edition | 19 Jul 2009 | 2:40 pm 'Harry Potter' tops North American box officeLOS ANGELES, July 19 (Reuters) - The sixth "Harry Potter" movie worked its charm at North American theaters, selling an estimated $159.7 million worth of tickets during its first five days of release,...Source: RSS feed - channel BNewsBusiness | 19 Jul 2009 | 2:35 pm Porsche boss to get 100-million-euro payoff: reportGerman sportscar maker Porsche's embattled chief executive stands to get a 100-million-euro (140-million-dollar) "golden parachute" following a takeover by Volkswagen, a press report said...Source: RSS feed - channel BNewsBusiness | 19 Jul 2009 | 1:53 pm Israel Stocks: Israel stocks up; Hutchison meets Partner suitors?Israel stocks rise, with broad strength led by the financial and real-estate stocks.
Source: MarketWatch.com - Top Stories | 19 Jul 2009 | 1:02 pm Examples of how tax increases could hit the richHow the tax increases would affect families at different incomes. Four-person families include two minor children. Projections assume a typical mix of earned income, capital gains and...Source: RSS feed - channel BNewsBusiness | 19 Jul 2009 | 1:00 pm NewsWatch: Stock investors look for crush of earnings aheadThe U.S. stock market faces an onslaught of earnings after getting a major lift from surprisingly upbeat results from a slew of big-name players, helping the major indexes to a 7% gain last week.
Source: MarketWatch.com - Top Stories | 19 Jul 2009 | 1:00 pm Zuma names new chief for S.Africa's central bankSouth African President Jacob Zuma said on Sunday that Gill Marcus will become the new governor of the South African Reserve Bank, after the current head's term expires in August. MarcusSource: RSS feed - channel BNewsBusiness | 19 Jul 2009 | 12:27 pm 25 Best Places for affordable homesResidents who buy real estate in these growing towns see their incomes go the furthest.Source: Business and financial news - CNNMoney.com | 19 Jul 2009 | 12:27 pm Earnings goose a rally - for nowSo far so good.Source: Business and financial news - CNNMoney.com | 19 Jul 2009 | 12:25 pm Zuma replaces central bank chiefSouth Africa's President Jacob Zuma names former deputy governor Gill Marcus as the new governor of the central bank.Source: BBC News | Business | World Edition | 19 Jul 2009 | 12:17 pm When franchises go bustRichard Carlton, who ran a Cork and Olive in Lakeland, Fla., is just one of many franchise owners picking up the pieces when the parent company went under.Source: Business and financial news - CNNMoney.com | 19 Jul 2009 | 12:05 pm America's best-loved carsIn J.D. Power's latest survey, new vehicle owners rate just how much they love their cars and trucks. The results include some pretty big surprises.Source: Business and financial news - CNNMoney.com | 19 Jul 2009 | 12:05 pm Economic recovery in UK 'on hold'The UK economy is set to shrink by 4.5% in 2009, the biggest annual fall since 1945, according to an influential think-tank.Source: BBC News | Business | World Edition | 19 Jul 2009 | 10:17 am CIT in talks with bondholders, as bankruptcy loomsNEW YORK (Reuters) - CIT Group Inc was in talks with a bondholder group on Saturday, as the lender tried to hammer out a rescue financing deal before markets opened and avoid bankruptcy, a source close to the situation said.Source: Reuters: Business News | 19 Jul 2009 | 9:54 am Washington Calendar: Washington events July 20-24Here's a schedule of Washington events for July 20 through 24.
Source: MarketWatch.com - Top Stories | 19 Jul 2009 | 9:18 am Swiss minister to meet Clinton ahead of UBS deadlineZURICH (Reuters) - The Swiss foreign minister is due to meet U.S. Secretary of State Hillary Clinton on July 31, just days before a deadline to reach a settlement in a damaging U.S. tax case against UBS .Source: Reuters: Business News | 19 Jul 2009 | 9:14 am CIT in talks with bondholders on rescue: reportsCIT Group Inc. was trying to negotiate a rescue financing with a group of bondholders to avoid having to file for bankruptcy, media reports say.
Source: MarketWatch.com - Top Stories | 19 Jul 2009 | 9:11 am Ponzi scheme: Police seize fleet of carsPolice swooped on a specialist car dealership this week to recover some of the proceeds of an £80 million financial fraud.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 19 Jul 2009 | 8:49 am Police uncover £80m 'Ponzi scheme'Celebrities sports stars and high profile businessmen are among those duped into an alleged £80 million Ponzi scheme.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 19 Jul 2009 | 8:48 am For a budget that works, get control of your debtThe proper amount of credit card debt is zero. To get there, start by allotting 20% of your take-home pay to debt repayment. Dear Liz:...Source: RSS feed - channel BNPaperBusiness | 19 Jul 2009 | 7:00 am Foreclosure fee added to monthly bill may be illegalIt could be a phantom assessment, one made by a board without following the law and without substantiating its actions. Question: I am...Source: RSS feed - channel BNPaperBusiness | 19 Jul 2009 | 7:00 am 'One small step for man,' one massive rocket project for engineersThe young scientists who created the Saturn V rocket that powered Aldrin, Armstrong and Collins to the moon on Apollo 11 in July 1969 were the unsung heroes in the space race with the Soviet Union. ...Source: RSS feed - channel BNPaperBusiness | 19 Jul 2009 | 7:00 am OLED TV competitor to enter market and rival SonyAn LG Display executive says the company will debut an organic light-emitting diode television by January 2010, in South Korea first and then globally. ...Source: RSS feed - channel BNPaperBusiness | 19 Jul 2009 | 7:00 am Bombings, business and the future of IndonesiaOne of two attacks Friday on hotels in Jakarta happened during a round table of foreign business leaders. The business community debates whether political strife will curb investments. ...Source: RSS feed - channel BNPaperBusiness | 19 Jul 2009 | 7:00 am Colleague's fatter paycheck irks workerAnswering questions about the etiquette of business and money. Dear Alana: I "accidentally" saw a colleague's pay stub. We have the same...Source: RSS feed - channel BNPaperBusiness | 19 Jul 2009 | 7:00 am New federal rules protecting applicants for home loans take effect July 30The Federal Reserve regulations require lenders to provide consumers with initial disclosures of their mortgage costs within three business days of their loan applications, among other changes. ...Source: RSS feed - channel BNPaperBusiness | 19 Jul 2009 | 7:00 am Commercial real estate slumps hard in the SouthlandOffices and warehouses empty out, even as rents decrease, in L.A., Riverside, Orange and San Bernardino counties. A turnaround might be years away. ...Source: RSS feed - channel BNPaperBusiness | 19 Jul 2009 | 7:00 am Commercial real estate slumps hard in the SouthlandOffices and warehouses empty out, even as rents decrease, in L.A., Riverside, Orange and San Bernardino counties. A turnaround might be years away.The lousy economy continues to quash the commercial real estate market, driving down rents and pushing out tenants.
Source: L.A. Times - Business | 19 Jul 2009 | 7:00 am Commercial brokers are swimming in empty spaceIn a distressed market, the stakes are higher and deals are more elusive.Real estate broker Carl Muhlstein maneuvered his silver BMW convertible through downtown Los Angeles traffic, one hand steering the car and the other pressing a cellphone to his ear.
Source: L.A. Times - Business | 19 Jul 2009 | 7:00 am New federal rules protecting applicants for home loans take effect July 30The Federal Reserve regulations require lenders to provide consumers with initial disclosures of their mortgage costs within three business days of their loan applications, among other changes.If you're applying for a loan to buy a primary or secondary home, or planning to refinance, you should be aware of a little-publicized set of federal consumer-protection rules that take effect July 30.
Source: L.A. Times - Business | 19 Jul 2009 | 7:00 am OLED TV competitor to enter market and rival SonyAn LG Display executive says the company will debut an organic light-emitting diode television by January 2010, in South Korea first and then globally.In January 2008, Sony introduced the first commercial OLED TV with a near-paper-thin display and jaw-dropping picture quality. Two problems: The screen was only 11 inches (measured diagonally) and the price was $2,500.
Source: L.A. Times - Business | 19 Jul 2009 | 7:00 am Bombings, business and the future of IndonesiaOne of two attacks Friday on hotels in Jakarta happened during a round table of foreign business leaders. The business community debates whether political strife will curb investments.For years, James Castle has been Mr. Indonesia, a well-known Western face here promoting the world's most populous Muslim nation as a sensible international investment destination.
Source: L.A. Times - Business | 19 Jul 2009 | 7:00 am The Callaway Cars founder channels his need for speed into producing souped-up CorvettesThe gig : Founder of Callaway Cars. The company, based in Connecticut with a major assembly plant in Corona and another plant in Leingarten, Germany, is best known for producing souped-up and restyled Chevrolet Corvettes in cooperation with General Motors.
Source: L.A. Times - Business | 19 Jul 2009 | 7:00 am So you're a consultant now? Deduct like oneWhen you join the ranks of the self-employed, you get access to a world of tax deductions and credits. Here are some that can save you a fortune in April.You may not like how your consulting career was born, but there are some benefits to being your own boss, not the least of which are federal income tax breaks.
Source: L.A. Times - Business | 19 Jul 2009 | 7:00 am For a budget that works, get control of your debtThe proper amount of credit card debt is zero. To get there, start by allotting 20% of your take-home pay to debt repayment.Dear Liz: I am a single, 38-year-old mother of a college student and make about $80,000 a year, which isn't too bad considering my upbringing. My parents were alcoholics, and thus I never had a financial role model. Now that I am making decent money, I need to know how to spend it appropriately. What I mean is that even though I bring home $4,000 a month, you would think that I make minimum wage if you saw my house and the way I live.
Source: L.A. Times - Business | 19 Jul 2009 | 7:00 am The Callaway Cars founder channels his need for speed into producing souped-up CorvettesThe gig : Founder of Callaway Cars. The company, based in Connecticut with a major assembly plant in Corona and another plant in Leingarten, Germany, is best known for producing souped-up and restyled...Source: RSS feed - channel BNPaperBusiness | 19 Jul 2009 | 7:00 am Banks with bailout funds say loans rise: surveyWASHINGTON (Reuters) - More than 80 percent of the U.S. banks that received federal bailout funds said the money had helped them increase lending or avoid a drop in lending as the recession worsened earlier this year, according to a new survey released on Sunday.Source: Reuters: Business News | 19 Jul 2009 | 4:29 am Economic Preview: Data to accentuate the positiveThis will be a thin week for economic data but the few releases should bolster the case for a second-half improvement.
Source: MarketWatch.com - Top Stories | 19 Jul 2009 | 4:01 am CIT in talks with bondholders, as bankruptcy looms (Reuters)Reuters - CIT Group Inc was in talks with a bondholder group on Saturday, as the lender tried to hammer out a rescue financing deal before markets opened and avoid bankruptcy, a source close to the situation said.Source: Yahoo! News: Business | 19 Jul 2009 | 2:40 am VW to pay $11.28 billion for all of Porsche: reportFRANKFURT (Reuters) - Porsche SE's controlling families will agree on Thursday to accept an offer by Volkswagen to buy its sports car business Porsche AG for roughly 8 billion euros ($11.28 billion), Der Spiegel reported on Saturday.Source: Reuters: Business News | 19 Jul 2009 | 1:45 am Magna promises to maintain VauxhallCANADA’s Magna International made a last-ditch effort to seal its proposed takeover of GM Europe this weekend by publicly pledging to keep both Vauxhall’s UK plants open until 2013. Source: Latest Business News from Times Online | 19 Jul 2009 | 12:00 am Bosses braced for water warBRITAIN’s water companies are heading for a showdown with Ofwat, the industry regulator, over its ruling to be announced this week on how much profit it will allow them to make for the next five years. Source: Latest Business News from Times Online | 19 Jul 2009 | 12:00 am RBS lost 700 top tradersTHE Royal Bank of Scotland (RBS) has lost more than 700 of its top investment bankers to rivals who are offering to pay guaranteed cash bonuses and higher salaries. Source: Latest Business News from Times Online | 19 Jul 2009 | 12:00 am Jobs cull at Bob the Builder groupHIT ENTERTAINMENT has cut one in five jobs in an attempt to avoid breaching its banking covenants this September. Source: Latest Business News from Times Online | 19 Jul 2009 | 12:00 am Yahoo-Microsoft tie-up may challenge GoogleTHE activist investor Carl Icahn this weekend turned up the heat on Yahoo as the internet company closes in on an advertising alliance with Microsoft. Source: Latest Business News from Times Online | 19 Jul 2009 | 12:00 am Telecoms giant plans flotationA CONSORTIUM of the world’s biggest private-equity funds is in talks with bankers about a possible stock-market flotation of TDC, Denmark’s biggest telecommunications group. Source: Latest Business News from Times Online | 19 Jul 2009 | 12:00 am Glaxo talks to 30 governments for swine flu jabEUROPE’S biggest drugs group, Glaxo Smith Kline, is in talks with the governments of up to 30 countries about supplying them with the swine flu vaccine. Source: Latest Business News from Times Online | 19 Jul 2009 | 12:00 am Bernard Madoff auditor set for plea bargainAN AMERICAN federal judge has granted prosecutors time to hammer out a possible plea bargain with Bernard Madoff’s long-standing auditor. Source: Latest Business News from Times Online | 19 Jul 2009 | 12:00 am UK economy heading for ‘fragile’ recoveryOFFICIAL FIGURES this week for Britain’s second-quarter gross domestic product will confirm the worst of the recession is over. But a report from the Ernst & Young Item club, using the Treasury’s economic model, will warn of a fragile recovery, with the threat of a “double dip” back into recession. Source: Latest Business News from Times Online | 19 Jul 2009 | 12:00 am Lloyds to stun City on profitLLOYDS BANKING GROUP could shock the market with its first-half results by announcing that accounting trickery has helped it scrape into the black. Despite enormous bad-debt provisions – estimated at £13 billion – the bank is likely to post a modest headline profit for the first six months of the year. Source: Latest Business News from Times Online | 19 Jul 2009 | 12:00 am Lord Myners the finance minister attacks lack of 'moral purpose' in the CityLord Myners the finance minister appointed to clean up the City has revealed that he plans to study theology after becoming disillusioned with the banking world.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 18 Jul 2009 | 11:33 pm Walker's 39 steps to solving Lloyds mysteryIn John Buchan's The ThirtyNine Steps Richard Hannay the novel's protagonist attempts to piece together a mysterious assassination plot that leads him to seek refuge in Scotland.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 18 Jul 2009 | 9:29 pm Mandelson warns Tata over Jaguar dealLord Mandelson has warned the owner of Jaguar Land Rover to accept a revised proposal to guarantee hundreds of millions of pounds in shortterm funding or risk losing it.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 18 Jul 2009 | 9:20 pm Northern Rock's Sandler in frame for top Lloyds postRon Sandler chairman of Northern Rock has emerged as a surprise candidate to replace Sir Victor Blank at the helm of Lloyds Banking Group.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 18 Jul 2009 | 9:16 pm Hester courts Brussels in bid to avoid fire saleStephen Hester the Royal Bank of Scotland chief executive has had an "informal" meeting with European competition officials.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 18 Jul 2009 | 9:14 pm Top Barclays dealmaker quits for new ventureRoger Jenkins the executive who secured billions of pounds in overseas funding to help Barclays remain free from direct Government investment last year is poised to leave the bank.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 18 Jul 2009 | 9:14 pm VW near deal to buy Porsche: reportsDebt-saddled Porsche Automobil Holding SE is close to a deal in which it would be acquired by Volkswagen AG, according to media reports Saturday.
Source: MarketWatch.com - Top Stories | 18 Jul 2009 | 9:01 pm NewsWatch: Stock investors look for crush of earnings aheadThe U.S. stock market faces an onslaught of earnings after getting a major lift from surprisingly upbeat results from a slew of big-name players, helping the major indexes to a 7% gain last week.
Source: MarketWatch.com - Top Stories | 18 Jul 2009 | 9:00 pm BHP Billiton looks for new chairmanMining giant is understood to have singled out two nonexecutive directors to replace chairman Don Argus who is expected to announce his retirement later this year.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 18 Jul 2009 | 8:57 pm Wireless firms make the call to nickel-and-dime customersVerizon, AT & T, Sprint Nextel and T-Mobile have raised a monthly fee they charge to help recoup business costs. The fee is pocket change for most people -- and adds up to millions of dollars in revenueCellphone customers gripe about being nickel-and-dimed to death by their wireless service providers. But guess what happens when you put all those nickels and dimes together?
Source: L.A. Times - Business | 18 Jul 2009 | 8:49 pm Icahn weighs in on new Microsoft/Yahoo chatterRead full story for latest details.Source: Business and financial news - CNNMoney.com | 18 Jul 2009 | 5:43 pm Family doctors, endangered speciesLuis Manriquez and Katherine Glass share a common -- and increasingly rare -- ambition: They both want to become family doctors.Source: Business and financial news - CNNMoney.com | 18 Jul 2009 | 5:21 pm
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