Business and Finance News U.S. stocks creep higher
UAE News.Net
U.S. stocks made narrow advances Tuesday, as traders remained cautious on the economy.
 Food prices in 2050 will be shocking
UAE News.Net
The head of the UN Food and Agriculture Organisation has warned another food price crisis might happen if record high energy prices, growing demand for bio-fuels and low grain reserves force up price benchmarks.
US rate rise inevitable
UAE News.Net
Economists in Washington have suggested the Federal Reserve will soon raise benchmark interest rates.
Using Twitter for work, not diversion
Star Tribune
A common reason given by those who have yet to try Twitter: "I have nothing to say." The truth is, you don't have to post a message to get the most out of Twitter. At its best, the social ...
Identity theft fraud suspect pleads guilty
Star Tribune
The wife of a suspected ringleader in a mammoth Twin Cities identity fraud organization pleaded guilty Tuesday in St. Paul to conspiracy to defraud Capital One Bank by using counterfeit credit cards t...
EU urges US to join in action against speculators
Seattle Post-Intelligencer
By AOIFE WHITEAP BUSINESS WRITER BRUSSELS -- European officials urged the U.S. to join in a crackdown on speculators who bet against Europe's currency union, warning they might ban some credit defa...
Trade deficit soars to four-year high
Guardian
Hopes that the cheaper pound will power the UK to an export-led economic renaissance suffered a blow with news that the trade gap widened sharply in January.With sterling around 25% weaker than before...
Even masters of the universe have money problems
Guardian
Private equity is struggling to float businesses on the stock market, as New Look, Travelport and Merlin Entertainments can testify. Now it looks as if the masters of the universe, circa 2003-2007, ca...
Trade deficit snuffs hopes of export-led recovery
Guardian
Upbeat surveys last year showed that manufacturers were not exporting more goods they were enjoying boost to their profits. Photograph: David Levene The run of economic data has been miserable since...
Carolyn McCall introduces the 'power of 10'
Guardian
Guardian Media Group launches sustainability vision Owner of Guardian and Observer to tackle 10 issues ranging from environmental management and ethical procurement to employee and community engagem...
GMG's 2015 vision and strategy
Guardian
• All businesses report to their board on sustainability progress against all parts of the GMG 2015 sustainability vision once a quarter and have a board member identified as sustainability champion...
Microsoft skips patch for PowerPoint add-on
Computerworld
Computerworld - Microsoft fixed eight flaws in Windows and Office today, but passed on patching one Windows component because it cannot be automatically updated. The eight bugs patched today were far ...
Boeing Exec: Tanker ‘Soap Opera’ May Not Be Over
Business Week
March 9 (Bloomberg) -- Northrop Grumman Corp.’s decision to forgo bidding on the U.S. Air Force’s $35 billion refueling tanker program, leaving Boeing Co. without a competitor, may not mar...
Cadillac Distances Itself From GM
Business Week
March 9 (Bloomberg) -- Cadillac, the luxury brand General Motors Co. acquired in 1909, is distancing itself from the Detroit-based automaker to avoid the stigma of the parent company’s $50 billi...
Jihad Jane Indicted in Pennsylvania for Murder Plot
Business Week
March 9 (Bloomberg) -- A Pennsylvania woman who used the alias Jihad Jane plotted to recruit jihadist fighters and conspired to commit murders overseas, according to an indictment unsealed in Philadel...
Correction: Cooper earnings stories
The Seattle Times
In headlines for a March 4 story and headlines and a story March 5 about Cooper Companies Inc., The Associated Press reported erroneously the fiscal period for the company's earnings. The company repo...
Kroger 4Q earnings summary
The Seattle Times
SALES UP, PROFITS DOWN: Cincinnati-based Kroger Co. says fourth-quarter profits fell 27 percent, even as sales rose 7 percent in a tough competitive and pricing environment.
Kroger 4Q earnings at glance
The Seattle Times
Cincinnati-based Kroger Co. reported fourth quarter and annual earnings Tuesday: THE QUARTER: Net income was $255.4 million, or 39 cents per share, down from $349.2 million or 53 cents, a year ago. S...
Wall Street rises on anniversary of bear market low
ABC Australia
It is one year today since US stocks fell to their lowest level in more than 12 years, amid Wall Street's worst point in the global financial crisis. Since then, the S&P 500 Index has rallied by 68 p...
Samsung, Panasonic start selling 3-D TVs this week
Times Of India
NEW YORK: Samsung and Panasonic will start selling 3-D TVs in US stores this week, inaugurating what TV makers hope is the era of 3-D viewing in the living room. Samsung Electronics Co. announce...
Won't mop up gold or ditch US bonds: China
Times Of India
BEIJING: China on Tuesday said it was not planning a mopping up operation in the international gold market as some bullion experts had been speculating for some time. This could be an important sig...
WP: When jobless benefits turn to welfare
MSNBC
But complaints that extending unemployment payments discourages job-seeking have begun to bubble into the political debate. Sen. Jim Bunning (R-Ky.) recently single-handedly held up the latest extensi...
How to stop your car when the throttle is stuck
MSNBC
March 9: A driver says his Toyota suddenly accelerated to 90 mph, taking him on a terrifying 30-mile ride on a San Diego County freeway. With the help of a California Highway Patrol officer, the driv...
TSX struggles despite better Scotiabank earnings
Vancouver Sun
The Toronto Stock Exchange saw its second straight day of losses Tuesday as commodity prices fell slightly and better-than-expected earnings from Bank of Nova Scotia weren't enough to spark investor i...
TSX struggles despite better Scotiabank earnings
Leader-Post
The Toronto Stock Exchange saw its second straight day of losses Tuesday as commodity prices fell slightly and better-than-expected earnings from Bank of Nova Scotia weren't enough to spark investor i...
'UK's Stormy Finances Have A Bright Future'
Sky News
download Flash from the Adobe download website. Speaking on Jeff Randall Live, Monetary Policy Committee member Dr Adam Posen said the UK's spiralling debt problem will be solved no matter whic...
Microsoft tweaks browser ballot code
CNet
browser ballot page to give European users a choice of browsers to install. But the company was criticized for using sloppy code that didn't adequately randomize the order in which each browser's icon...
Steel Dynamics See 1Q Earnings Below Estimates
Fox Business
STLD ) predicted earnings in the first quarter could fall short of analysts expectations, but said the company expects strong order entry and price improvements in the quarter. For the quarter, the...
U.S. Stocks Reconsider Gains In Low Volume
Fox Business
NEW YORK -- U.S. stocks erased the bulk of their gains Tuesday to turn nearly neutral late in the session. "On the one-year anniversary of the bear market lows, investors certainly seem to be in a be...
AMR: Quarterly Unit Revenue Growth Could Hit 7.5%
Fox Business
NEW YORK -- American Airlines parent company AMR Corp. said Tuesday its first-quarter passenger unit revenue is expected to climb between 6.5% to 7.5% versus the year-ago period. For the year, capaci...
Airline On-Time Performance On the Rise in January
Fox Business
U.S. airlines recorded a 78.7% on-time rate in January, topping the rate from the same month a year ago. The rate was also more than 6 percentage points higher than December's on-time rate of 72 perc...
Oil Falls 0.5% To $81.49 As Dollar Ticks Higher
Fox Business
SAN FRANCISCO -- Oil futures closed slightly lower Tuesday, pulled down by a rise in the U.S. dollar and after the most active contract had topped $82 barrel in the prior session. Oil for April deliv...
Bove Upbeat on Citigroup's Turnaround Plans
Fox Business
C ) stock jumping to a four-month high Tuesday reflects, in part, the growing realization that the bank is in the midst of a turnaround and a transformation to its pre-Sandy Weill days. The bullish...
Navistar Partners with GE Capital in U.S.
Fox Business
NAV ) will join forces with GE Capital for all retail financing needs, the company announced Tuesday. GE Capital will provide financing and support for sales of Navistar trucks and school buses in t...
II-VI Withdraws Takeover Bid for Zygo
Fox Business
ZIGO ). The bid for $169.4 million, or $10 per share, was offered approximately one month ago, when Zygo rejected it. II-VI CEO Francis J. Kramer said the company retracted its bid due to lack of co...
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