BNET News Articles

Dollar Status Unlikely to Be in G8 Communique: G8 Source

BT Trax — Jul 03, 2009 11:31 AM PDT

(Reuters) - The dollar's status as the top global reserve currency is unlikely to be mentioned explicitly in the final communique at next week's Group of Eight summit, a European G8 source involved in preparations for the meeting said on Friday.

Michael Jackson's Death Could Benefit Dutch Fund

BT Trax — Jul 03, 2009 10:31 AM PDT

By Gilbert Kreijger

Teck to Sell 17 Percent Stake to China For C$1.74 Billion

BT Trax — Jul 03, 2009 2:45 PM PDT

By Cameron French and Euan Rocha

Medici Lawyer Says Kohn Didn't Get Madoff Payments

BT Trax — Jul 03, 2009 10:30 AM PDT

By Martha Graybow and Boris Groendahl

Oil Falls Below $66 After Bleak U.S. Jobs Data

BT Trax — Jul 03, 2009 10:47 AM PDT

By Alex Lawler and Barbara Lewis

CEOs Use Obama Visit to Press Russia on Rule of Law

BT Trax — Jul 03, 2009 7:32 AM PDT

By Dmitry Zhdannikov

China Moves on Opel With BAIC Bid

BT Trax — Jul 03, 2009 7:32 AM PDT

By Angelika Gruber and Christiaan Hetzner

Oil Brokerage PVM Names Rogue Trader Behind Oil Spike

BT Trax — Jul 03, 2009 5:46 AM PDT

By David Sheppard

Rio Wraps Up Rights Issue

BT Trax — Jul 03, 2009 5:02 AM PDT

SYDNEY (Reuters) - Global miner Rio Tinto wrapped up one of the world's biggest rights issues on Friday, saying its Australian shareholders had taken up 94.76 percent of their entitlements to the new shares.

Major Nations Should Back Dollar as Key Currency: Japan

BT Trax — Jul 03, 2009 10:31 AM PDT

By Yoko Nishikawa

Global Stocks Dip as Investors Cautious on Recovery

BT Trax — Jul 03, 2009 5:01 AM PDT

By Natsuko Waki

Earnings to Set Tone For Stocks in Week Ahead

BT Trax — Jul 03, 2009 2:01 AM PDT

By Leah Schnurr

Wall St Sinks on Bleak June Payrolls Report

BT Trax — Jul 02, 2009 2:00 PM PDT

By Ellis Mnyandu

Oil Steady Above $69 After Fall on Gasoline Build

BT Trax — Jul 01, 2009 10:00 PM PDT

By Fayen Wong

Treasury to Name Up to 9 Managers For Toxic-asset Plan: Source

BT Trax — Jul 01, 2009 8:30 PM PDT

NEW YORK (Reuters) - The Treasury Department is expected to name as many as nine fund managers to operate the long-awaited Public-Private Investment Program (PPIP) to cleanse banks of toxic assets, a person familiar with the plan said on Wednesday.

Rio Rights Get Strong Demand, Chinalco Bids in Full

BT Trax — Jul 01, 2009 7:30 PM PDT

By Denny Thomas

Auto Supplier Lear to File For Bankruptcy, Obtains Financing

BT Trax — Jul 01, 2009 6:45 PM PDT

By Kevin Krolicki

GM Tells Judge That Asset Sale is Its "only Option"

BT Trax — Jul 01, 2009 6:45 PM PDT

By Emily Chasan and Phil Wahba

U.S. Mortgage Applications Fall to 7-month Low

BT Trax — Jul 01, 2009 5:16 AM PDT

By Julie Haviv

Microsoft's Bing Search Wins Share From Google

BT Trax — Jul 01, 2009 5:00 AM PDT

LONDON/SEATTLE (Reuters) - Microsoft Corp's new Bing search engine gained U.S. market share in its first month in operation but still trails dominant rival Google Inc, according to data released on Wednesday.

General Mills Profit Tops View; 2010 Outlook Strong

BT Trax — Jul 01, 2009 5:15 AM PDT

NEW YORK (Reuters) - General Mills Inc , the maker of Cheerios cereal and Yoplait yogurt, forecast better-than-expected earnings for the current fiscal year, helped by new products and moderating commodity costs.

Citi Raises Rates on Millions of Credit Cards: Report

BT Trax — Jul 01, 2009 3:01 AM PDT

(Reuters) - Citigroup Inc has increased interest rates on up to 15 million U.S. credit card accounts just months before curbs on such rises come into effect, the Financial Times reported citing people close to the situation.

Oil Above $71 on Inventory Drop, Nigeria

BT Trax — Jul 01, 2009 3:30 AM PDT

By Emma Farge and Ikuko Kao

Fiat CEO Says Chrysler Cash Burn Slows: Report

BT Trax — Jul 01, 2009 2:45 AM PDT

MILAN (Reuters) - U.S. automaker Chrysler Group LLC has stemmed the pace at which it uses cash after emerging from bankruptcy last month as a slimmer company, Chief Executive Sergio Marchionne said in an interview with Bloomberg published on Wednesday.

Auto Sales Seen Showing Signs of Stability

BT Trax — Jul 01, 2009 2:45 AM PDT

By David Bailey

Wall St Gains on Recovery Hopes, But Job Data Looms

BT Trax — Jul 01, 2009 2:45 PM PDT

By Ellis Mnyandu

BofA's Asset Management Unit Gets Lukewarm Bids: Report

BT Trax — Jun 30, 2009 10:15 PM PDT

(Reuters) - Bank of America Corp's primary investment management unit is drawing lower than expected bids after its likeliest suitor, BlackRock Inc , inked a blockbuster deal to buy Barclays Global Investor , the Financial Times reported, citing people close to the matter.

Monster Online Jobs Index Dips in June

BT Trax — Jun 30, 2009 10:15 PM PDT

NEW YORK (Reuters) - A monthly gauge of online labor demand in the United States fell a touch in June and its decline slowed on a year-over-year basis, suggesting stabilization in the jobs market, a private research group said on Wednesday.

AIG Gets New Directors at Subdued Annual Meeting

BT Trax — Jun 30, 2009 9:30 PM PDT

By Lilla Zuill and Paritosh Bansal

Ten Or More Face Possible Madoff Charges: Source

BT Trax — Jun 30, 2009 9:30 PM PDT

By Grant McCool

U.S. Group Questions AstraZeneca's Crestor Patent

BT Trax — Jun 30, 2009 9:30 PM PDT

WASHINGTON (Reuters) - A U.S. patent research group says it has uncovered evidence that could be used to declare AstraZeneca Plc's patent for its cholesterol fighter Crestor invalid.

Putnam Chairman Charles "Ed" Haldeman Stepping Down

BT Trax — Jun 30, 2009 7:30 PM PDT

NEW YORK (Reuters) - Putnam Investments said Charles "Ed" Haldeman Jr. will step down on Tuesday as chairman of the Boston investment company, ending a turbulent seven-year run at the firm.

Fed's Yellen: Rates Could Be Near Zero For Years

BT Trax — Jun 30, 2009 8:30 PM PDT

SAN FRANCISCO (Reuters) - U.S. benchmark lending rates could stay near zero for a couple of years based on the amount of slack now in the economy, San Francisco Federal Reserve Bank President Janet Yellen said on Tuesday.

GM CEO Makes Case For Bankruptcy Asset Sale

BT Trax — Jun 30, 2009 5:45 PM PDT

By Emily Chasan and Caroline Humer

Gannett Laying Off 1,000 as Ad Sales Slide: Report

BT Trax — Jun 30, 2009 5:15 PM PDT

SAN FRANCISCO (Reuters) - Gannett Co. Inc Co, which owns top-selling newspaper USA Today, is laying off more than 1,000 staff to try and combat persistent declines in revenue, the Wall Street Journal reported on Tuesday.

Wal-Mart Supports Employer-mandated Health Coverage

BT Trax — Jun 30, 2009 2:15 PM PDT

By Nicole Maestri

SEC May Tighten Executive Pay Rules: Sources

BT Trax — Jun 30, 2009 3:00 PM PDT

By Rachelle Younglai and Jonathan Stempel

Fed's Bullard Says Must Shield Fed Independence

BT Trax — Jun 30, 2009 2:15 PM PDT

By Alister Bull

Judge Orders Allen Stanford Jailed Until Trial

BT Trax — Jun 30, 2009 3:15 PM PDT

By Eileen O'Grady and Bruce Nichols

Wall St Brakes on Confidence Data, But Has Upbeat Q2

BT Trax — Jun 30, 2009 2:30 PM PDT

By Ellis Mnyandu

Japan's Elpida Secures Lifeline With $1.7 Billion Aid

BT Trax — Jun 30, 2009 1:30 AM PDT

By Mayumi Negishi

Jury Returns $1.67 Billion Drug Verdict Against Abbott

BT Trax — Jun 30, 2009 12:45 AM PDT

NEW YORK (Reuters) - A U.S. federal jury returned a $1.67 billion verdict against Abbott Laboratories in a patent suit brought by Johnson & Johnson related to arthritis treatments, the drug companies said on Monday.

Asia Stocks Up, Oil Surges at Quarter's End

BT Trax — Jun 30, 2009 12:45 AM PDT

By Kevin Plumberg

General Motors Close to Opel Deal With RHJ: Report

BT Trax — Jun 30, 2009 1:30 AM PDT

By Anne Jolis

GM CEO Makes Case For Bankruptcy Asset Sale

BT Trax — Jun 30, 2009 3:15 PM PDT

By Emily Chasan and Caroline Humer

Ford Sees Market Share Gains, Increases Production

BT Trax — Jun 29, 2009 3:30 PM PDT

By David Bailey

AIG Shareholders to Elect New Directors at Meeting

BT Trax — Jun 29, 2009 3:30 PM PDT

By Lilla Zuill

Judge Delays Ruling on Allen Stanford Bail

BT Trax — Jun 29, 2009 3:30 PM PDT

By Anna Driver and Eileen O'Grady

Apple CEO Steve Jobs Returns to Work

BT Trax — Jun 29, 2009 3:30 PM PDT

By Gabriel Madway

Court Rejects Appeal on Cablevision Network DVR

BT Trax — Jun 29, 2009 9:45 AM PDT

WASHINGTON (Reuters) - The U.S. Supreme Court said on Monday it rejected an appeal by film studios and television networks of a ruling allowing a new digital video recorder service by New York cable operator Cablevision Systems Corp.