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• Wall Street little changed on mixed data (Reuters)
• Warren Buffett: "We're still in a recession" (Reuters)
• Jobless claims rise, home sales trend higher (Reuters)
• Blockbuster files for bankruptcy (Reuters)
• McDonald's raises quarterly dividend 11 percent (Reuters)
• Mavericks' owner can have SEC documents: court (Reuters)
• (AP)
• Rite Aid takes bigger 2Q loss on lower sales (AP)
• Irish borrowing rates climb to new euro-era high (AP)
• Average mortgage rates unchanged at 4.37 pct. (AP)
• New financial oversight panel to meet Oct. 1 (AP)
• Zara owner posts profit jump on back of Asian expansion (AFP)
• US home sales edge off lows (AFP)
• Iraq oil exports slightly down in August: ministry (AFP)
• Democrats divided on Bush-era tax cuts vote (Reuters)
• Nissan, Renault to develop platform: report (AFP)

Wall Street little changed on mixed data (Reuters) Posted: 23 Sep 2010 08:05 AM PDT Reuters - The Dow and the S&P 500 indexes were flat on Thursday on a mixed reading on the economy from weaker jobs and improving home sales.

Warren Buffett: "We're still in a recession" (Reuters) Posted: 23 Sep 2010 07:50 AM PDT Reuters - Billionaire investor Warren Buffett said the U.S. economy remains in recession, disputing this week's assessment by a leading arbiter of economic activity that the downturn ended more than a year ago.

Jobless claims rise, home sales trend higher (Reuters) Posted: 23 Sep 2010 08:14 AM PDT Reuters - New claims for jobless benefits rose unexpectedly last week, but existing home sales in August rose from a 13-year low, suggesting the economy was stabilizing after a sharp summer slowdown.

Blockbuster files for bankruptcy (Reuters) Posted: 23 Sep 2010 07:27 AM PDT Reuters - Video rental chain Blockbuster Inc filed for bankruptcy protection on Thursday after years of struggling to compete with online and mail-order movie services such as Netflix Inc.

McDonald's raises quarterly dividend 11 percent (Reuters) Posted: 23 Sep 2010 08:04 AM PDT Reuters - McDonald's Corp raised its quarterly cash dividend by 11 percent on Thursday.

Mavericks' owner can have SEC documents: court (Reuters) Posted: 22 Sep 2010 10:39 AM PDT Reuters - A federal judge on Wednesday said the U.S. Securities and Exchange Commission improperly withheld documents from the Dallas Mavericks' billionaire owner Mark Cuban, who is defending against insider trading charges.

(AP) Posted: 23 Sep 2010 07:21 AM PDT AP - Obama: Israel should extend freeze on West Bank construction; peace talks must press on.

Rite Aid takes bigger 2Q loss on lower sales (AP) Posted: 23 Sep 2010 07:38 AM PDT AP - Drugstore operator Rite Aid Corp. on Thursday reported a bigger loss for its fiscal second quarter as its revenue slipped 2.5 percent and it refinanced some of its debts.

Irish borrowing rates climb to new euro-era high (AP) Posted: 23 Sep 2010 07:02 AM PDT AP - Investors sold off Irish and Portuguese bonds Thursday, driving the borrowing costs of both countries to euro-era records amid continuing fears about heavy government debt levels in Europe.

Average mortgage rates unchanged at 4.37 pct. (AP) Posted: 23 Sep 2010 07:19 AM PDT AP - Rates on 30-year mortgages this week were unchanged from the previous week, staying slightly above the lowest level in decades.

New financial oversight panel to meet Oct. 1 (AP) Posted: 23 Sep 2010 06:30 AM PDT AP - The new council of top regulators charged with spotting early warning signs of a developing financial crisis will hold its first meeting on Oct. 1.

Zara owner posts profit jump on back of Asian expansion (AFP) Posted: 22 Sep 2010 10:12 AM PDT AFP - Spain's Inditex, the world's biggest clothing retailer, reported a 68-percent rise in first half net profit Wednesday as its aggressive expansion abroad, especially in Asia, paid off.

US home sales edge off lows (AFP) Posted: 23 Sep 2010 07:52 AM PDT AFP - US home sales rose in August for the first time in four months, an industry group said, as the moribund housing sector showed the slightest signs of life.

Iraq oil exports slightly down in August: ministry (AFP) Posted: 23 Sep 2010 09:04 AM PDT AFP - Iraq's oil exports dipped slightly in August, but still topped 55 million barrels and brought in nearly four billion dollars in revenues, the oil ministry said on Thursday.

Democrats divided on Bush-era tax cuts vote (Reuters) Posted: 23 Sep 2010 08:31 AM PDT Reuters - Democrats cannot decide whether to hold a vote on extending tax cuts, as some lawmakers fear the issue could hurt their re-election chances in November.

Nissan, Renault to develop platform: report (AFP) Posted: 22 Sep 2010 11:53 PM PDT AFP - Japan's Nissan Motor and its partner Renault of France will jointly develop a platform for at least 10 models of vehicle to consolidate suppliers and cut procurement costs, a report has said.

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