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- Wall St advances on technical bounce (Reuters)
- Durable orders slump in April on autos, aircraft (Reuters)
- AIG stock dips after $8.7 billion share sale (Reuters)
- Divided SEC approves whistleblower rule (Reuters)
- OECD sees growth firm, but risks abounding (Reuters)
- How the major stock indexes fared Tuesday (AP)
- BOJ sees recovery signs, exports slump taken in (Reuters)
- Summary Box: Hormel Foods 2Q profit rises (AP)
- Greek PM insists govt will see through reforms (AP)
- Awaiting the Next Crash (The Motley Fool)
- Jim Flaherty says Lagarde, Carstens strong IMF candidates (Reuters)
- New Touchscreen Nook Costs $139 with Word Lookup (NewsFactor)
- The Case for and Against TARP (U.S. News & World Report)
- Exxon facing questions about natural gas push (AP)
- 4 convicted in NYC of helping wealthy dodge taxes (AP)
- Oil rises above $100 as dollar falls back (AP)
- To the MBA Class of 2011 (BusinessWeek)
| Wall St advances on technical bounce (Reuters) Posted: 25 May 2011 09:14 AM PDT
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| Durable orders slump in April on autos, aircraft (Reuters) Posted: 25 May 2011 07:22 AM PDT Reuters - New orders for long-lasting U.S. manufactured goods recorded their largest decline in six months in April as aircraft and motor vehicle bookings tumbled, indicating the economy remained stuck in a soft patch. |
| AIG stock dips after $8.7 billion share sale (Reuters) Posted: 25 May 2011 09:10 AM PDT
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| Divided SEC approves whistleblower rule (Reuters) Posted: 25 May 2011 09:11 AM PDT Reuters - A divided U.S. Securities and Exchange Commission approved a new program that would compensate whistleblowers whose tips lead to sanctions of over $1 million. |
| OECD sees growth firm, but risks abounding (Reuters) Posted: 25 May 2011 01:53 AM PDT Reuters - Global economic recovery is on track, helped by a stronger United States, but threats ranging from high oil prices to European sovereign debt crises could yet combine to create a bout of stagflation, the OECD said on Wednesday. |
| How the major stock indexes fared Tuesday (AP) Posted: 24 May 2011 02:11 PM PDT AP - More worries about Europe's lingering debt crisis overshadowed a small rebound in oil prices Tuesday, leaving stocks slightly lower. |
| BOJ sees recovery signs, exports slump taken in (Reuters) Posted: 25 May 2011 04:09 AM PDT
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| Summary Box: Hormel Foods 2Q profit rises (AP) Posted: 25 May 2011 09:10 AM PDT AP - RISING PROFIT: Hormel Foods Corp.'s second-quarter net income climbed 41 percent to $109.6 million, or 40 cents per share, on strong performance of its refrigerated foods and Jennie-O Turkey business. |
| Greek PM insists govt will see through reforms (AP) Posted: 25 May 2011 08:01 AM PDT
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| Awaiting the Next Crash (The Motley Fool) Posted: 24 May 2011 11:54 AM PDT The Motley Fool - "We've now dropped three or four hundred points here in the past few minutes," said CNBC anchor Erin Burnett. |
| Jim Flaherty says Lagarde, Carstens strong IMF candidates (Reuters) Posted: 25 May 2011 09:14 AM PDT Reuters - France and Mexico have put forth strong contenders to replace Dominique Strauss-Kahn as head of the IMF, Canadian Finance Minister Jim Flaherty said on Wednesday, suggesting Ottawa will not endorse its own central bank chief as a candidate. |
| New Touchscreen Nook Costs $139 with Word Lookup (NewsFactor) Posted: 24 May 2011 02:30 PM PDT NewsFactor - Barnes & Noble unwrapped a new nook e-reader Tuesday that the giant book retailer is touting as an ultralight "simple touch reader" featuring extended battery life. Slated to begin shipping June 10, the new nook's black-and-white E Ink display minimizes screen flashing and reduces page-turn time by up to 80 percent compared to other e-readers. |
| The Case for and Against TARP (U.S. News & World Report) Posted: 25 May 2011 06:44 AM PDT U.S. News & World Report - Chrysler has repaid much of its TARP money, GM is hiring again, and the financial sector is booming. Two and a half years after the Troubled Assets Relief Program was conceived, these are encouraging signs that the program my have helped avert disaster. However, despite the government's best efforts, the housing market remains anemic. Furthermore, many argue that the infusion of recovery funds further promotes bad behavior on the part of banks. So was TARP a win or a wash? Here are five arguments in the program's favor--and the top five against it. |
| Exxon facing questions about natural gas push (AP) Posted: 25 May 2011 09:10 AM PDT AP - Exxon Mobil Corp. rode higher oil prices to a $30 billion profit last year. But shareholders at its annual meeting Wednesday were more concerned about its big push into natural gas. |
| 4 convicted in NYC of helping wealthy dodge taxes (AP) Posted: 24 May 2011 05:31 PM PDT AP - A jury on Tuesday convicted two prominent lawyers, the former head of a major accounting firm and an accountant of mail fraud charges in a massive multi-billion-dollar tax shelter prosecution, ending a 10-week trial that featured a parade of wealthy Americans from across the country who told how they dodged taxes through the complex investment instruments the defendants created. |
| Oil rises above $100 as dollar falls back (AP) Posted: 25 May 2011 08:59 AM PDT
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| To the MBA Class of 2011 (BusinessWeek) Posted: 25 May 2011 05:08 AM PDT BusinessWeek - Two years ago I wrote a column about what I would say to the MBA of 2009 if I were selected to deliver a commencement address. That graduation occurred just as the savage effects of the Great Recession were unfolding. Millions had lost their jobs and millions more would fear losing them. Business confidence was nonexistent. More often than not, you heard executives say they'd not seen anything like that before. |
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