Business and Finance News
Dow Joens extends gains
South America News.NetWhile the Dow continues to work its way higher, the broader market was soft Thursday.
March date set for Rio Tinto trial
South America News.NetRio Tinto has been made aware of a trial date for four of its workers in China.
Financial institutions get another boost from Japanese government
South America News.NetJapan's central bank has been encouraging financial institutions to lend more with a new stimulus package.
Boeing 777 software unsafe says FAA
South America News.NetThe Federal Aviation Administration in the US has ordered Boeing to fix software in hundreds of 777 aircraft.
Irish airports seeing less travellers
South America News.NetAir traffic in Ireland has slumped considerably over the past month.
Climate change ads hauled from British screens
South America News.NetTwo government advertisements in Britain have been banned because of overstatement.
US man in court for second time over alleged Ponzi scheme
South America News.NetA Colorado man has been accused of running an investment-fraud scheme while still under investigation for an earlier securities-fraud case.
Airlines invite business travellers back with perks
South America News.NetElite travellers are expected to start flying again soon, with airlines now gearing up for business travellers.
Orange Juice Prices Fall To Lowest Point In Nearly Three Weeks On Stronger Dollar
Star TribuneDENVER - Orange juice futures contracts fell to the lowest point in nearly three weeks Thursday as a stronger dollar made them less attractive for traders. The dollar's rise also diminished demand f...
Cvs Caremark Ceo Thomas Ryan Earns $14.4 Million In 2009, Down 17 Percent From Year Before
Star TribuneNEW YORK - The head of drugstore chain and pharmacy benefits manager CVS Caremark Corp. received compensation valued at $14.4 million in 2009, down 17 percent the $17.4 million he received the previo...
Barnes & Noble Makes Ceo Switch
Seattle Post-IntelligencerFILE - In this Oct. 20, 2009 file photo, William Lynch, then president of Barnes & Noble.com, unveils the "nook" electronic-book reader during a news conference in New York. Barnes & Noble changed CEO...
M&s And Itv Face Pay Row With Shareholders
Guardian• Deal for Sir Stuart Rose as he becomes Marks and Spencer non-executive chairman causes outrage• Michael Grade received £2.7m on leaving ITV• New ITV boss Adam Crozier could earn £17m by 2015
Alcatel-lucent Risks Loss Of Patent Royalties In Case
Business WeekMarch 18 (Bloomberg) -- Alcatel-Lucent, the world’s largest provider of land-line phone networks, may lose rights to patent royalties in a trial over whether it’s wrongly keeping TV and DV...
Gannett Expects To Meet 1q Earnings Forecasts
The Seattle TimesGannett Co. said Thursday that trends in advertising revenue are continuing in the right direction and the company should meet Wall Street expectations with first-quarter earnings.
Food Prices Dip But Rate Hike Looms
Times Of IndiaNEW DELHI: Food inflation slid to 16.3% in the first week of March, the lowest in four months, as prices of vegetables and lentils cooled. This vindicates the government's stand that food prices wi...
Greenspan Denies Fed Fueled Housing Bubble
MSNBCNEW YORK - Former Federal Reserve Chairman Alan Greenspan, whose legacy has been tarnished by the global financial crisis, on Thursday laid out a scholarly defense of why Fed policy did not fuel the h...
Virnetx Files New Patent Suit Against Microsoft
Business WeekMarch 18 (Bloomberg) -- VirnetX Holding Corp., which won a $105.8 million jury verdict this week against Microsoft Corp., filed a new complaint seeking additional cash from the software maker over use...
Pay Or Fail: Some Iphone App Sites Demand Money For Reviews
Wired NewsIf you can’t pitch the press, pay them. That’s the proposition some review sites have for publicity-starved iPhone developers. Several websites dedicated to iPhone app reviews are request...
Palm Shares Up Ahead Of Report
Fox BusinessSAN FRANCISCO -- Shares of Palm Inc. rose more than 5% to $5.67 late Thursday afternoon, ahead of the company's scheduled report for its third fiscal quarter. Palm previously announced an expected re...
Fund Managers Don't Fret Canadian Dollar At Par; Some Even Like It
Fox BusinessTORONTO -(Dow Jones)- Peter Hodson won't stop investing in U.S. equities now that the Canadian dollar is near par with the greenback, but he does offer the following caveat. "Either hedge, or make da...
Crude Oil Ends Lower, Hit By Dollar Strength
Fox BusinessNEW YORK -- Crude oil futures finished lower on Thursday, as hesitations over European plans to help Greece pressured the euro, lifted the dollar and weighed on commodities. Crude oil for April deliv...
Kabel Deutschland Offering To Be Middle Of Price Range - Source
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Update: Epa Studies Hydraulic-fracturing Effect On Water
Fox Business(Updates with industry and lawmaker comment) Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- The U.S. Environmental Protection Agency Thursday launched a study to determine whether a key oil and natu...
Peru To Reopen Machu Picchu, Inca Trail In April
Fox BusinessLIMA -(Dow Jones)- Peru plans to reopen two key tourist sites April 1, which have been closed due to damage caused by heavy rains. The government will reopen the Inca citadel of Machu Picchu, and the...
Fda Unveils Rules Restricting Tobacco Advertising To Kids
Fox BusinessWASHINGTON -(Dow Jones)- The U.S. Food and Drug Administration on Thursday unveiled a broad set of limits to how tobacco companies' advertising affect children. The rules, which are being implemented...
Brazil Planning Min: Government To Freeze Brl21.81 Billion In 2010 Spending
Fox BusinessBRASILIA -(Dow Jones)- Brazil's government will freeze 21.81 billion Brazilian reals ($12.25 billion) in planned 2010 spending in an effort to meet its year-end fiscal savings target, the Planning Mi...
S&p Cuts Blockbuster To 'cc,' Outlook Negative
Fox BusinessSAN FRANCISCO -- Standard & Poor's Ratings Services on Thursday downgraded Blockbuster Inc.'s corporate credit rating to a "most speculative" grade of CC from CCC. "The CC rating indicates that, in o...
Update:carrefour Picks Wal-mart Executive For Key Europe Post
Fox Business(Adds details, background and closing stock quote) PARIS -(Dow Jones)- French retail giant Carrefour SA (CA.FR) Thursday finalized its top management structure with the appointment of Vicente Trius, ...
Pnc's Rohr Gets $18 Million, Pay Up By Half In '09
ReutersRohr did not get a bonus in 2009 because of restrictions on executives of bailed-out banks. His pay includes $11.8 million in stock and options awards, $3.2 million in deferred pension earnings and a ...
Google Slams Viacom For Secret Youtube Uploads
ReutersThe Google logo is shown prior to the unveiling of the Nexus One Android smartphone, the first mobile phone the internet company will sell directly to consumers, during a news conference at Google hea...
Faa Proposes $300,000 Fine Against American Air
ReutersThe agency alleged on Thursday that American mechanics misdiagnosed a problem with the heater on an MD-82 air speed sensor in 2009 that should have restricted when the plane could fly.
Dodge Says Parity No Longer Uncharted Territory
Financial PostCanadians are more prepared for their currency to reach parity with the U.S. than they were a few years ago, former central bank governor David Dodge said.
Soviet Union's Fall Fuelled Housing Bubble: Greenspan
Financial PostNEW YORK -- Former Federal Reserve chairman Alan Greenspan, whose legacy has been tarnished by the global financial crisis, on Thursday laid out a scholarly defence of why Fed policy did not fuel the ...
Banks Unlikely To Party Like It's 2009
Financial PostTrading profits at Goldman Sachs Group Inc, Morgan Stanley and other banks may be recovering, but are still unlikely to match the blockbuster levels reached most of last year.
Fp Tech Desk: Apps To Track March Madness
Financial PostNothing heralds the arrival of spring quite like the opening round of the March Madness NCAA college basketball tournament. Over the next 19 days, millions of people will fill out their brackets with...
Greece Ups Stakes In Quest For Eu Help, Euro Falls
Financial PostBRUSSELS/ATHENS -- Greece raised the stakes on Thursday in its quest for EU help to tackle its debt crisis, saying it cannot achieve promised deficit cuts if its borrowing costs remain so high and may...
Microsoft Announces Windows 7 Sp1
CIOMicrosoft today announced service packs for both Windows 7 and Windows Server 2008 R2, but declined to set a release date or a schedule for getting a beta in users' hands.
Faa Proposes New $300,000 Penalty Against American
ABCNewsFederal regulators have hit American Airlines with $300,000 in new penalties over maintenance issues. The Federal Aviation Administration said Thursday American's mechanics put off maintenance last...
Gop Loses Fight With Democrats Over Health Votes
ABCNewsRepublicans have lost an effort to force House Democrats to hold a direct vote on the health overhaul bill. Democrats want to use a special procedure that would let the House automatically approve ...
Winners In 2010 World Championship Cheese Contest
ABCNewsThe 2010 World Cheese Championship Cheese Contest concluded Thursday with the crowning of the world champion in Madison, Wis. Here's a list of the top three finishers, along with the winning cheese pr...
Continental Asks To Be Exempted From Delays Rule
ABCNewsFILE - In this June 27, 2007 file photo, a Continental Airlines aircraft lands at Newark Liberty International Airport in Newark, N.J. Continental joined a growing list of carriers asking not to be pu...
Gannett Expects To Meet 1q Earnings Forecasts
Gadsden TimesMedia company Gannett says it is seeing improving trends in advertising revenue and should meet Wall Street expectations with first-quarter earnings.
<font Color="#996633" Face="times New Roman,times,times Newroman">update:carrefour Picks Wal-mart Executive For Key Europe Post</font>
Morning Starby revamping supermarkets, increasing its offering of company-label products and emphasizing smaller, urban stores. Executives are still working out plans to revive the retailer's aging hypermarkets...
Correction: Movado Earnings Story
Sign on San DiegoPARAMUS, N.J. In a story March 16 about quarterly results from Movado Group Inc., The Associated Press reported erroneously that the company posted net income of 64 cents per share in its fisc...
Continental Joins Delta, American And Jetblue In Seeking Exemption From Tarmac-delay Rule
Star TribuneNEW YORK - Continental Airlines Inc. has asked regulators for an exemption from new rules to punish airlines for long tarmac delays, saying construction at New York's Kennedy Airport will slow operat...
Newspaper Publisher Gannett Expects To Meet 1q Earnings Forecasts, Says Ad Slump Is Easing
Star TribuneNEW YORK - Media company Gannett says it is seeing improving trends in advertising revenue and should meet Wall Street expectations with first-quarter earnings. Gannett Co. says that in its publishi...
Ferrari Electronic Certified As Microsoft Exchange Server 2010 Fax Solution Partner
RedOrbit/PRNewswire/ -- Ferrari electronic AG, a Microsoft Gold Certified Partner and manufacturer of Unified Communications solutions, today announced that its fax solution is now certified as Interoperabl...
Microsoft Accelerates Desktop Virtualization
RedOrbitREDMOND, Wash., March 18 /PRNewswire-FirstCall/ -- Microsoft Corp. today announced new investments around desktop virtualization technologies and solutions, including virtual desktop infrastructure (V...
Gannett Expects To Meet 1q Earnings Forecasts
Miami HeraldNEW YORK -- Media company Gannett says it is seeing improving trends in advertising revenue and should meet Wall Street expectations with first-quarter earnings.Gannett Co. says that in its publishin...
Correction: Movado Earnings Story
Miami HeraldPARAMUS, N.J. -- In a story March 16 about quarterly results from Movado Group Inc., The Associated Press reported erroneously that the company posted net income of 64 cents per share in its fiscal 2...