Archive for the ‘Business’ Category

Stocks rise on economic hopes ahead of payrolls (Reuters)

Reuters - Stocks rose on low volume on Thursday as data showed improvement in housing and the job market a day ahead of the critical monthly payrolls figures. > Read full story Full story

Fears grow over global food supply

Read full story for latest details. > Read full story Full story

BP Says Limits on Drilling Imperil Oil Spill Payouts

The company, which had committed to setting aside $20 billion for damage claims and penalties, says proposed legislation could disrupt those efforts. > Read full story Full story

An Oil Platform Burns, Blanketing the Gulf With Angst

The mishap sent waves of anxiety along a coast that has just begun to recover from the Deepwater Horizon disaster. > Read full story Full story

Obama mulls new economic measures

After a week mostly focused on Iraq and Mideast diplomacy, it's back to the economy for President Barack Obama, who will deliver remarks Friday on the August unemployment numbers. > Read full story Full story

China approached Canadian fund on rival Potash bid (Reuters)

Reuters - Chinese and other investors have approached at least one big Canadian pension manager about a bid for Canada's Potash Corp to rival BHP Billiton's $39 billion hostile ... Full story

Cuban offshore oil plans gain momentum

While the Gulf of Mexico oil spill has sparked debate in America on the merits of deepwater drilling, 90 miles away Cuba's offshore plans are quietly taking shape. > Read full story Full story

Burger King agrees to be sold for $3.26 billion (Reuters)

Reuters - Burger King Holdings Inc , the No. 2 U.S. fast-food chain, agreed to sell itself to ... Full story

Strong Yen Helps to Fuel Germany’s Export Boom

European companies tend to focus on the dollar exchange rate, but the yen’s recent rise is also giving a significant lift to German companies. > Read full story Full story

Toyota Feels Exchange-Rate Pinch as Rivals Gain

For all the turmoil over Toyota's wave of recalls, the world's largest automaker may face a bigger problem: the surging yen. > Read full story Full story







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