KLM pushes to resume passenger flights after tests (AP)

A cloud of black ash looms above a building in a farm at Drangshlid 2 at Eyjafjoll April 17, 2010. An Icelandic volcano that is spewing ash into the air and wreaking havoc on flights across Europe appeared to be easing up on Saturday but could continue to erupt for days or even months to come, officials said. REUTERS/Ingolfur Juliusson  (ICELAND ANIMALS - Tags: DISASTER ENVIRONMENT)AP - Dutch airline KLM pressed for commercial air traffic to resume Sunday after conducting a test flight "with no irregularities" through the volcanic ash cloud that has paralyzed air travel in Europe.



Source: Yahoo! News: Business News | 18 Apr 2010 | 4:16 am

Fiat design focuses on Italian innovation (AP)

File - Wednesday, Feb. 17, 2010 file photo of  an Alfa Romeo MiTo car displayed at the Fiat Style Center in Turin, Italy.   The world is still waiting to see what kind of auto design emerges from the alliance of Italy's Fiat and U.S. Chrysler. One thing is clear: there's a lot of Italian flair to draw on, in the person of Fiat's design chief Lorenzo Ramaciotti.  Ramaciotti helped design everything from the high-end Ferrari Enzo to the economical Peugeot 407 during his career at independent styling house Pininfarina. Expect some surprises ahead.  (AP Photo/Massimo Pinca, file)AP - The world is still waiting to see what kind of auto design emerges from the alliance of Italy's Fiat and U.S. Chrysler. One thing is clear: there's a lot of Italian flair to draw on, in the person of Fiat's design chief Lorenzo Ramaciotti.



Source: Yahoo! News: Business News | 18 Apr 2010 | 3:16 am

UAE airline Etihad plans to start Iraq flights (AP)

AP - Etihad Airways says it plans to launch regular flights to Baghdad next week, making it the latest carrier to begin flying passengers to the Iraqi capital.
Source: Yahoo! News: Business News | 18 Apr 2010 | 3:15 am

Asian currencies to gain from yuan revaluation: analysts

Speculation of an imminent yuan revaluation has boosted other Asian currencies against the dollar recently, reflecting the region's world-leading recovery from recession, say analysts. ...
Source: RSS feed - channel BNewsBusiness | 18 Apr 2010 | 2:06 am

Business Letters

E-books are not for sharing

Re: Michael Hiltzik's business column " Choosing sides in net neutrality battle ," April 14:



Source: L.A. Times - Business | 18 Apr 2010 | 1:00 am

Builders likely to offer incentives after federal tax credits expire

Free options and upgrades, help with closing costs or even cash may be used to attract home buyers in an effort to keep the sales momentum going.

With the April 30 deadline looming, home buyers need to get a move on if they hope to qualify for the federal tax credits of $8,000 for first-timers or $6,500 for owners wishing to move up.



Source: L.A. Times - Business | 18 Apr 2010 | 1:00 am

Spreading the health

The Kaiser Family Foundation's president and CEO transformed the organization from a sleepy grant maker into a major nonpartisan healthcare information source.

The gig: President and chief executive of the Henry J. Kaiser Family Foundation, a private nonprofit research and communications organization in Menlo Park, Calif., devoted to U.S. and worldwide healthcare issues.



Source: L.A. Times - Business | 18 Apr 2010 | 1:00 am

Spreading the health

The Kaiser Family Foundation's president and CEO transformed the organization from a sleepy grant maker into a major nonpartisan healthcare information source. ...
Source: RSS feed - channel BNPaperBusiness | 18 Apr 2010 | 1:00 am

After the bust, prime parcels at cut-rate prices

A look at high-profile Los Angeles-area properties whose developers saw their high hopes come crashing down with the real estate market.

Scattered around town are some surprisingly valuable vacant lots disguised by weeds or broken blacktop or the remains of an unwanted building -- and many have quietly come to market, thanks to the real estate collapse.



Source: L.A. Times - Business | 18 Apr 2010 | 1:00 am

Southern California office market continues to weaken

Vacancies are increasing and rents are falling. The trend is tough for landlords but great for tenants who are looking for new space or negotiating to renew their existing leases. ...
Source: RSS feed - channel BNPaperBusiness | 18 Apr 2010 | 1:00 am

Laguna Beach house seamlessly blends art, architecture

The contemporary home in the private community of Irvine Cove has five bedrooms, 6 1/2 bathrooms and panoramic ocean views. ...
Source: RSS feed - channel BNPaperBusiness | 18 Apr 2010 | 1:00 am

Southern California office market continues to weaken

Vacancies are increasing and rents are falling. The trend is tough for landlords but great for tenants who are looking for new space or negotiating to renew their existing leases.

Southern California's long-suffering office market continued to weaken in the first quarter as demand slid and rents fell, a pattern expected to carry on through the months ahead.



Source: L.A. Times - Business | 18 Apr 2010 | 1:00 am

Laguna Beach house seamlessly blends art, architecture

The contemporary home in the private community of Irvine Cove has five bedrooms, 6 1/2 bathrooms and panoramic ocean views.

Art and architecture blend seamlessly in this contemporary Laguna Beach home in the private community of Irvine Cove.



Source: L.A. Times - Business | 18 Apr 2010 | 1:00 am

These financial blogs are worth your time

A guide to some of the best -- and often little-known -- websites to help manage your finances.

After spending the bulk of my career writing solely for newspapers, I stepped into the blogosphere a year ago and discovered a whole new world of financial advice.



Source: L.A. Times - Business | 18 Apr 2010 | 1:00 am

After the bust, prime parcels at cut-rate prices

A look at high-profile Los Angeles-area properties whose developers saw their high hopes come crashing down with the real estate market. ...
Source: RSS feed - channel BNPaperBusiness | 18 Apr 2010 | 1:00 am

Business Letters

E-books are not for sharing Re: Michael Hiltzik's business column " Choosing sides in net neutrality battle ," April 14:
Source: RSS feed - channel BNPaperBusiness | 18 Apr 2010 | 1:00 am

Lap-band patients operate in the dark

Information about facilities' disciplinary histories is public, but few consumers know how to find it.

Willie Brooks Jr. was a 35-year-old substitute custodial worker for the Pomona school district when he decided to do something about his weight last year.



Source: L.A. Times - Business | 18 Apr 2010 | 1:00 am

Lap-band patients operate in the dark

Information about facilities' disciplinary histories is public, but few consumers know how to find it. Willie...
Source: RSS feed - channel BNPaperBusiness | 18 Apr 2010 | 1:00 am

These financial blogs are worth your time

A guide to some of the best -- and often little-known -- websites to help manage your finances. After spending...
Source: RSS feed - channel BNPaperBusiness | 18 Apr 2010 | 1:00 am

Builders likely to offer incentives after federal tax credits expire

Free options and upgrades, help with closing costs or even cash may be used to attract home buyers in an effort to keep the sales momentum going. ...
Source: RSS feed - channel BNPaperBusiness | 18 Apr 2010 | 1:00 am

Ash cloud over Europe deepens travel chaos

Europe’s air travel chaos deepened on Saturday as a huge cloud of volcanic ash spread further across the continent, halting nearly three in four flights and stranding thousands of passengers worldwide
Source: Financial Times - US homepage | 17 Apr 2010 | 11:34 pm

Chavez: China to devote $20B to Venezuela projects

President Hugo Chavez has announced an agreement with China that would have the Asian economic giant devote $20 billion to financing long-term development projects in Venezuela. The...
Source: RSS feed - channel BNewsBusiness | 17 Apr 2010 | 10:10 pm

Mutual Funds: First-Quarter Report Card (Screens)

With earnings season here, we look at funds that fared well -- and poorly.



Source: SmartMoney.com | 17 Apr 2010 | 10:00 pm

Venezuela says China offers $20 billion in financing

CARACAS (Reuters) - Venezuelan President Hugo Chavez said on Saturday that China was providing his nation with a long-term, $20 billion financing plan for major projects in the South American oil-exporter.



Source: Reuters: Business News | 17 Apr 2010 | 8:32 pm

Venezuela says China offers $20 billion in financing

CARACAS (Reuters) - Venezuelan President Hugo Chavez said on Saturday that China was providing his nation with a long-term, $20 billion financing plan for major projects in the South...
Source: RSS feed - channel BNewsBusiness | 17 Apr 2010 | 8:32 pm

Aussie bosses pledge to promote women in business

Canberra - A group of top male bosses will work together on strategies to lift the representation of women at the corporate level.The 10-man group includes CEOs and chairman from some of the nation's largest employers including...
Source: nzherald.co.nz - Business | 17 Apr 2010 | 8:30 pm

Geithner predicts passage of financial overhaul (AP)

Treasury Secretary Timothy Geithner leaves a meeting on Capitol Hill in Washington, Friday, April 16, 2010. (AP Photo/Harry Hamburg)AP - Treasury Secretary Timothy Geithner says a strong overhaul of the financial system will emerge from the current impasse in Congress and protect taxpayers against fraud and abuse in the financial industry.



Source: Yahoo! News: Business News | 17 Apr 2010 | 8:24 pm

Goldman case likely to unleash torrent of lawsuits

The fraud charges against Goldman Sachs & Co. that rocked financial markets Friday are no slam dunk, as hazy evidence and strategic pitfalls could easily trip up government lawyers. Yet...
Source: RSS feed - channel BNewsBusiness | 17 Apr 2010 | 7:00 pm

Geithner predicts passage of financial overhaul

Treasury Secretary Timothy Geithner says strong overhaul of the financial system will emerge from the current impasse in Congress and protect taxpayers against fraud and abuse in the...
Source: RSS feed - channel BNewsBusiness | 17 Apr 2010 | 6:12 pm

Ecuadorean threat to oil giants

Ecuador threatens to take over foreign oil concessions if companies resist growing state control of the industry.
Source: BBC News | Business | World Edition | 17 Apr 2010 | 6:02 pm

Center Parcs opens Russian front

CENTER PARCS is considering plans to open in Russia, in what would be the first move overseas for the British holiday company.


Source: Latest Business News from Times Online | 17 Apr 2010 | 6:01 pm

Prudential throws money at Asia

ADVISERS to Prudential, one of Britain’s biggest insurers, are working on plans to buy as much as 10% of the company’s shares in the next few weeks.


Source: Latest Business News from Times Online | 17 Apr 2010 | 6:01 pm

British economy will surge next year

BRITAIN is heading for strong growth in 2011 and 2012 on the back of exports and investment, but there will be only a modest upturn this year, according to the latest Ernst & Young Item Club forecast, to be published tomorrow.


Source: Latest Business News from Times Online | 17 Apr 2010 | 6:01 pm

Nick Clegg: the third man

Away from the gentlemanly sparring of the political party leaders on television, the spin kings went into overdrive behind the scenes last Thursday night.


Source: Latest Business News from Times Online | 17 Apr 2010 | 6:01 pm

Martin Belsham, chief executive of City Index

Want to find out who is going to win the general election? Who better to ask than City Index, one of our best-known spread-betting firms? Maybe it could give you a spread on just how many viewers loved that TV debate or not...


Source: Latest Business News from Times Online | 17 Apr 2010 | 6:01 pm

We can make it here but try telling the politicians

A few weeks ago I was in Surrey and visited the Brooklands museum. It is a fascinating if slightly down-at-heel tribute to Britain’s manufacturing heritage.


Source: Latest Business News from Times Online | 17 Apr 2010 | 6:01 pm

FSA probe into Goldman Sachs ‘fraud’

THE City watchdog has launched a probe into the London operations of Goldman Sachs after shock claims that the giant international bank orchestrated a $1 billion ($£650m) fraud against investors. Investigators from the Financial Services Authority are liaising with their American counterparts at the Securities and Exchange Commission (SEC), which took action against the bank in a New York court on Friday.


Source: Latest Business News from Times Online | 17 Apr 2010 | 6:01 pm

Robert Tchenguiz’s Icelandic loans kept banks at bay

THE property tycoon Robert Tchenguiz received a series of loans from one of Iceland’s failed banks to keep his other lenders at bay, according to a report for the Icelandic government.


Source: Latest Business News from Times Online | 17 Apr 2010 | 6:01 pm

Americans’ power grab

AES, the American power giant that lost nearly £2 billion after buying Drax, Britain’s biggest power station, is betting again on the UK energy market.


Source: Latest Business News from Times Online | 17 Apr 2010 | 6:01 pm

Jaguar Land Rover factory may survive as sales rise

JAGUAR LAND ROVER (JLR) is weighing a dramatic about-face on plans to close one of its three UK production plants.


Source: Latest Business News from Times Online | 17 Apr 2010 | 6:01 pm

Clean green image fails to fire in US

Don't bother mentioning "sustainability" or "carbon footprint" to the average American consumer - they won't know what you're talking about.Kiwi companies looking to sell their wares in the US are being told to tone down the clean...
Source: nzherald.co.nz - Business | 17 Apr 2010 | 6:00 pm

Ecuador threatens to take over foreign oil firms (Reuters)

Reuters - Ecuador will move to take over the operations of foreign oil companies in the country unless they sign new contracts agreeing to increased state control over the sector, President Rafael Correa said on Saturday.
Source: Yahoo! News: Business News | 17 Apr 2010 | 5:18 pm

UPDATE 3-Ecuador threatens to take over foreign oil firms

* Says he has "lost patience" with oil contract talks (Adds analyst comment, byline)
Source: RSS feed - channel BNewsBusiness | 17 Apr 2010 | 5:17 pm

Icelandic volcano grounds another 17,000 flights

Ash from an Icelandic volcano grounds another 17,000 flights across Europe, and the chaos looks set to continue.



Source: MarketWatch.com - Top Stories | 17 Apr 2010 | 5:13 pm

Martin Hawes: Enforced savings are a homeowner's advantage

One of the good things about home ownership is that it provides an enforced savings plan. If you own a home with a mortgage you will have to make the payments. Every dollar you pay off the mortgage is a dollar that is added to your...
Source: nzherald.co.nz - Business | 17 Apr 2010 | 5:00 pm

Goldman Sachs charged with fraud by SEC (Reuters)

The new Goldman Sachs Group, Inc. headquarters, also known by its address as 200 West Street, is seen in New York's lower Manhattan, April 16, 2010. REUTERS/Brendan McDermidReuters - Goldman Sachs Group Inc was charged with fraud by the U.S. Securities and Exchange Commission over its marketing of a subprime mortgage product, igniting a battle between Wall Street's most powerful bank and the nation's top securities regulator.



Source: Yahoo! News: Stock Markets News | 17 Apr 2010 | 4:53 pm

Goldman Sachs charged with fraud by SEC

NEW YORK (Reuters) - Goldman Sachs Group Inc was charged with fraud by the U.S. Securities and Exchange Commission over its marketing of a subprime mortgage product, igniting a battle between Wall Street's most powerful bank and the nation's top securities regulator.



Source: Reuters: Business News | 17 Apr 2010 | 4:53 pm

Jamie Oliver named as one of UK's most generous donors

Jamie Oliver will be named as one of the richest people in Britain next week as he makes his debut in The Sunday Times Rich List.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 17 Apr 2010 | 4:39 pm

Goldman case breathes life back into the blame game

The fallout from the Abacus affair could see Lloyd Blankfein humbled and US banks brought dramatically to heel
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 17 Apr 2010 | 4:15 pm

Goldman Sachs May Have Known About Charges For Nine Months

Goldman Sachs Group Inc (NYSE: GS) was warned about pending charges against it as early as nine months before the SEC charges were brought. SEC rules apparently do not require a public company to disclose the receipt of a Wells Notice from the agency. The notice is an indication that charges will be filed and a chance for the firm in [...]

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Source: 24/7 Wall St. | 17 Apr 2010 | 4:12 pm

Auction of New Luxury Residence in The Strand at Headlands in Dana Point, California a Success


Source: RSS feed - channel BNewsBusiness | 17 Apr 2010 | 4:09 pm

HIT loses $500m in pre-school TV market

The owner of Thomas the Tank Engine, HIT Entertainment, has been forced to write $500m (£325m) off its value, wiping out the entire investment of private equity owners Apax Partners.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 17 Apr 2010 | 3:28 pm

Deutsche Bahn woos Arriva

Arriva has entered a fresh round of talks with Chiltern Railways owner Deutsche Bahn that made an unsolicited 700p-a-share approach for the UK train and bus operator earlier this year.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 17 Apr 2010 | 3:28 pm

EU finance ministers fail on levy talks

European finance ministers have failed to reach an agreement on how to impose a banking tax across the continent, raising concerns that disagreements between European nations could lead to a delay on a global banking deal.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 17 Apr 2010 | 3:27 pm

Goldman Sachs faces $4bn profit row

Bank faces public anger as it posts 50pc quarterly rise and Congress seeks derivatives trading ban for Wall Street giants
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 17 Apr 2010 | 3:27 pm

Tesco profits helped by strong showing abroad


Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 17 Apr 2010 | 3:26 pm

Chad Hurley: YouTube's got TV in its sights

Internet video chief says he wants YouTube to be watched in the same way as television, up from 15 minutes a day to an average of five hours.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 17 Apr 2010 | 3:20 pm

Goldman had 9 months' warning from SEC: report

Goldman Sachs was warned nine months ago that SEC staff wanted to bring a civil case against it, but the investment bank reportedly didn’t specifically disclose this to investors in regulatory filings.



Source: MarketWatch.com - Top Stories | 17 Apr 2010 | 3:14 pm

YouTube boss equates more minutes with more money

On its fifth birthday, the leaders of the internet video phenomenon explain their vision for the future
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 17 Apr 2010 | 3:09 pm

NewsWatch: U.S. stocks face new week with fresh humility

The U.S. stock market will begin the week with a new, and humbled, perspective -- thanks to the volcanic eruption that hit Wall Street in the form of Securities and Exchange Commission charges against Goldman Sachs.



Source: MarketWatch.com - Top Stories | 17 Apr 2010 | 3:05 pm

E&Y ITEM Club warns of 'dismal' 2010 ahead

Fitful hopes are being pinned on an export-led revival in a year's time
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 17 Apr 2010 | 2:57 pm

Ecuador's Correa to propose oil nationalization bill

Ecuador's President Rafael Correa said Saturday he will introduce legislation under which foreign oil companies will face nationalization if they fail to sign contracts acceptable to Quito.
Source: RSS feed - channel BNewsBusiness | 17 Apr 2010 | 2:49 pm

Kuwait's largest bank posts 20 percent profit rise in Q1

National Bank of Kuwait, the emirate's largest lender, on Saturday reported a 20-percent rise in net profits for the first quarter of this year after a decline in the same period of 2009.
Source: RSS feed - channel BNewsBusiness | 17 Apr 2010 | 2:02 pm

Radio beckons after Sunrise

No one would accuse them of having faces for radio.But former Sunrise hosts Carly Flynn and Oliver Driver are close to making the switch from TV.They're among staff weighing up options after Mediaworks bosses axed the TV3...
Source: nzherald.co.nz - Business | 17 Apr 2010 | 2:00 pm

Webcast Alert: S&T Bancorp 1st Quarter 2010 Conference Call


Source: RSS feed - channel BNewsBusiness | 17 Apr 2010 | 2:00 pm

Market Snapshot: U.S. stocks face new week with fresh humility

The U.S. stock market will begin the week with a new, and humbled, perspective -- thanks to the volcanic eruption that hit Wall Street in the form of Securities and Exchange Commission charges against Goldman Sachs.



Source: MarketWatch.com - Top Stories | 17 Apr 2010 | 1:41 pm

New York OTB board extends operations for a year

NEW YORK (Reuters) - The board of New York City's bankrupt Off-Track Betting Corporation voted on Saturday to continue operations for another year, just one day before a scheduled shutdown of the horse racing gambling parlors.



Source: Reuters: Business News | 17 Apr 2010 | 1:14 pm

Report: Germany may consider Goldman action (AP)

Stock prices whiz by on a ticker near the Goldman Sachs booth on the floor of the New York Stock Exchange on April 16. Goldman Sachs was charged with fraud by the Securities and Exchange Commission over its marketing of a subprime mortgage product, sending its stock price sharply lower.(AFP/Getty Images/Chris Hondros)AP - The German government may consider taking legal action in a case in which Goldman Sachs & Co. is accused of defrauding investors, a newspaper reported Saturday.



Source: Yahoo! News: Business News | 17 Apr 2010 | 1:03 pm

Iceland's government sees economy recovering, but IMF aid is key

REYKJAVIK (Reuters) - Iceland's government expects the economy to turn a corner in the second half of 2010 but said risks remained significant and the flow of aid from the International Monetary Fund would be crucial.



Source: Reuters: Business News | 17 Apr 2010 | 12:06 pm

Masses gather to mourn Smolensk victims

About 80,000 people filled one of Warsaw’s main squares for a sombre memorial mass to bid farewell to their president and the other 95 people who died in the Smolensk air crash a week ago
Source: Financial Times - US homepage | 17 Apr 2010 | 11:43 am

China needs to consider currency 'reforms': EU (AFP)

european=AFP - China needs to consider "reforms" to bring an end to imbalances between its currency and global competitors, the European commissioner for economic and monetary affairs said on Saturday.



Source: Yahoo! News: Business News | 17 Apr 2010 | 10:08 am

The Unusual Suspects (AVAV, AAPL, BSX, C, GGP, GS, HSP, LULU, PALM, GLD, FAZ, FAS)

This weekend’s edition of the Unusual Suspects would have probably been all about earnings, earnings, earnings.  Friday’s SEC-Goldman news changed that.  Our cast of characters for this coming week’s Unusual Suspects include AeroVironment, Inc. (NASDAQ: AVAV), Apple Inc. (NASDAQ: AAPL), Boston Scientific Corporation (NYSE: BSX), Citigroup, Inc. (NYSE: C), General Growth Properties Inc. (NYSE: GGP), [...]

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Source: 24/7 Wall St. | 17 Apr 2010 | 10:04 am

Golf resort deja vu

Katikati's Golf Pacifica resort has been put up for mortgagee sale, with its lender owed a total of $11 million.It is the second time the golf resort has gone to the wall.Lender Guardian Asset Securities called in the receivers...
Source: nzherald.co.nz - Business | 17 Apr 2010 | 10:00 am

New Blue Chip evidence

An investigation has revealed for the first time that mortgage documents for dozens of Blue Chip investors contained false information.The information has been passed to the Serious Fraud Office and may lead to another legal challenge...
Source: nzherald.co.nz - Business | 17 Apr 2010 | 10:00 am

Born in New Zealand and being worn over there

Chris Bennett, co-owner of eco-leather baby shoe maker Bobux, says Americans are intrigued by New Zealand. "It's sort of a land of mystery to them."Bobux exports up to 40 per cent of its production of shoes and childrenswear to...
Source: nzherald.co.nz - Business | 17 Apr 2010 | 10:00 am

Bayliss moves on

Air New Zealand has disestablished the job of its general manager marketing, Steve Bayliss. The airline has merged its top marketing and public relations roles and appointed Mike Tod, head of public affairs, to the newly created position...
Source: nzherald.co.nz - Business | 17 Apr 2010 | 10:00 am

Bernard Hickey: Bubbles float from China

Here's a little factoid that should make any politician and first-home buyer uncomfortable. Last week it emerged the average house price in Vancouver, Canada has now hit C$1 million ($1.4 million), partly because of heated interest...
Source: nzherald.co.nz - Business | 17 Apr 2010 | 10:00 am

NewsWatch: U.S. stocks end lower on financials, Goldman scare

U.S. stocks sink Friday after the Securities and Exchange Commission charged Goldman Sachs with civil fraud for misleading investors about a financial product tied to subprime mortgages.



Source: MarketWatch.com - Top Stories | 17 Apr 2010 | 10:00 am

Stuck for help? Not any longer

Need to move a lion or a priceless antique? Left your laptop in Sydney? Try transport company Freightways' new service.The express package specialist has launched 0800 STUCKNZ because it saw a gap in the market for people needing...
Source: nzherald.co.nz - Business | 17 Apr 2010 | 10:00 am

Wall Street to be driven by tech, financial sectors (AFP)

Traders on the floor of the New York Stock Exchange. US stocks ended the week on a sour note after top firm Goldman Sachs was charged with fraud but analysts see a buoyant Wall Street amid positive outlook for the technology and financial sectors.(AFP/File/Don Emmert)AFP - US stocks ended the week on a sour note after top firm Goldman Sachs was charged with fraud but analysts see a buoyant Wall Street amid positive outlook for the technology and financial sectors.



Source: Yahoo! News: Stock Markets News | 17 Apr 2010 | 9:57 am

Greece to decide on EU/IMF aid within weeks

ATHENS/MADRID (Reuters) - Greece will decide within weeks on whether to activate a euro zone aid package, Prime Minister George Papandreou said, as a poll showed austerity measures had begun hitting Athenians' pocket books.



Source: Reuters: Business News | 17 Apr 2010 | 9:34 am

Greece to decide on EU/IMF aid within weeks (Reuters)

Greek Prime Minister George Papandreou leaves the European council headquarters at the end of the first day of a EU leaders summit in Brussels March 25, 2010. REUTERS/Yves HermanReuters - Greece will decide within weeks on whether to activate a euro zone aid package, Prime Minister George Papandreou said, as a poll showed austerity measures had begun hitting Athenians' pocket books.



Source: Yahoo! News: Business News | 17 Apr 2010 | 9:34 am

Social startup poised for IPO

Social networking startup Demand Media is preparing an initial public offering and has hired Goldman Sachs as an underwriter, according to a report published Friday.
Source: Business and financial news - CNNMoney.com | 17 Apr 2010 | 8:56 am

How Twitter plans to make $

What a week for Twitter.
Source: Business and financial news - CNNMoney.com | 17 Apr 2010 | 8:56 am

EU finance ministers fail to reach deal on bank levy

MADRID (Reuters) - European Union finance ministers failed to agree on Saturday how to impose a bank levy, possibly delaying a global accord on taxing the financiers many accuse of causing recession.



Source: Reuters: Business News | 17 Apr 2010 | 8:47 am

How big was Apple's Q2?


Source: Business and financial news - CNNMoney.com | 17 Apr 2010 | 8:45 am

Will customers ditch Goldman?

This, friends, is the Goldman Sachs story we've all been waiting for, the accusation that just might stick. The Securities and Exchange Commission has charged Goldman and a senior employee with deliberate deception of some customers in order to benefit others.
Source: Business and financial news - CNNMoney.com | 17 Apr 2010 | 8:40 am

FDIC Total Bank Closings Hit 48–Details Of The Eight Latest

The FDIC announced the detail fo eight more bank closings, bringing the 2010 total to forty-eight. The current pace would put total bank failures to nearly 200 this year. Those shuttered include  City Bank, Lynnwood, WA, Tamalpais Bank, San Rafael, CA,  Innovative Bank, Oakland, CA, Butler Bank, Lowell, MA,  Riverside National Bank of Florida, Fort Pierce, FL, [...]

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Source: 24/7 Wall St. | 17 Apr 2010 | 8:20 am

No new cuts sought for EU, IMF loans: Greek minister (AFP)

Greek Minister of Finance George Papaconstantinou addresses a news conference in Athens. He said that neither the EU nor the IMF has yet demanded new budget cuts or tax hikes this year in exchange for rescue loans.(AFP/File/Louisa Gouliamaki)AFP - Greek Finance Minister George Papaconstantinou insisted on Saturday that neither the EU nor the IMF has yet demanded new budget cuts or tax hikes this year in exchange for rescue loans.



Source: Yahoo! News: Business News | 17 Apr 2010 | 8:17 am

Reform will mean smaller bank profits: FSB's Draghi

MADRID (Reuters) - Necessary reform of the international financial system will mean banks make smaller profits in future, Financial Stability Board President Mario Draghi said on Saturday.



Source: Reuters: Business News | 17 Apr 2010 | 8:08 am

China Raises Down Payment for Second Homes

By Fu Tao and Feng Zhe, Caixin Minimum down payments for second homes increased to 50 percent, as part of an aggressive policy to counter overheating in the property market Read more…. China’s State Council, the cabinet, has raised the minimum down payment from 40 percent of the total price of a second home to 50 percent in [...]

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Source: 24/7 Wall St. | 17 Apr 2010 | 8:06 am

Toyota to recall 870,000 minivans

Toyota has recalled another 870,000 vehicles in North America, this time over concerns that spare tyres could fall onto the road due to a corroding cable
Source: Financial Times - US homepage | 17 Apr 2010 | 7:05 am

NewsWatch: U.S. stocks end lower on financials, Goldman scare

U.S. stocks sink Friday after the Securities and Exchange Commission charged Goldman Sachs with civil fraud for misleading investors about a financial product tied to subprime mortgages.



Source: MarketWatch.com - Top Stories | 17 Apr 2010 | 7:05 am

Stocks to Watch: Stocks in focus for Monday

A roundup of news and events likely to move U.S. stocks on Monday.



Source: MarketWatch.com - Top Stories | 17 Apr 2010 | 7:00 am

Nick Godt's Market Medics: Ashes of subprime volcano fall on Wall Street

Air safety matters more than airline stocks, as the economy matters more than Goldman.



Source: MarketWatch.com - Top Stories | 17 Apr 2010 | 6:56 am

Germany needs no extra budget for Greek aid: finance minister

BERLIN (Reuters) - Germany will not need a supplementary budget to pay for an aid package to Greece, Finance Minister Wolfgang Schaeuble was quoted as saying on Saturday, adding he did not expect German taxpayers to suffer.



Source: Reuters: Business News | 17 Apr 2010 | 6:21 am

China should let yuan appreciate: EU's Rehn

MADRID (Reuters) - China should let its yuan currency appreciate to help ease imbalances in the global economy, European Economic and Monetary Affairs Commissioner Olli Rehn said on Saturday.



Source: Reuters: Business News | 17 Apr 2010 | 6:17 am

Top Ten: The week's Top 10 videos on MarketWatch

In case you missed them, here are the top 10 videos that appeared on MarketWatch for the week of April 12-16:



Source: MarketWatch.com - Top Stories | 17 Apr 2010 | 6:01 am

Personal Finance Daily: The week's 10 best Personal Finance stories

In case you missed them, here are the top 10 Personal Finance stories from MarketWatch for the week of April 12-16:



Source: MarketWatch.com - Top Stories | 17 Apr 2010 | 6:00 am

Toyota recalls 600,000 Sienna minivans (AP)

In this photo released by Toyota, a 2004 Toyota Sienna XLE LTD AWD is shown. Toyota Motor Corp. said Friday, April 16, 2010, it was recalling 600,000 Sienna minivans sold in the United States to address potential rusting spare tire cables that could break and create a road hazard in the latest safety problem to strike the beleaguered automaker.  (AP Photo/Toyota) NO SALESAP - As congressional investigators dig further into potential electronic problems in runaway Toyotas, the automaker is facing other safety concerns, recalling 600,000 Sienna minivans over rusting spare tire holders.



Source: Yahoo! News: Business News | 17 Apr 2010 | 5:12 am

SEC accuses Goldman Sachs of defrauding investors (AP)

the=AP - The government on Friday accused Wall Street's most powerful firm of fraud, saying Goldman Sachs & Co. sold mortgage investments without telling the buyers that the securities were crafted with input from a client who was betting on them to fail.



Source: Yahoo! News: Stock Markets News | 17 Apr 2010 | 3:36 am