Saab runs out of cash to pay wages
June 23, 2011
Saab’s owner said Thursday it doesn’t have the money to pay employees’ wages, deepening the financial crisis that is pushing the struggling Swedish brand ever […]
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Stock market jitters are boon for annuities
June 5, 2011
U.S. insurers’ sales of variable annuities jumped 24 percent in the first quarter, led by policies that promise lifetime income and protect against market declines, […]
Vegetable scare hits Europe
June 3, 2011
Schools have pulled raw vegetables from menus, piles of cucumbers sit untouched on shop shelves, and farmers say they’re losing millions.
As scientists scramble to find […]
Boeing accused of retaliating against union
April 20, 2011
Federal labor regulators are accusing the Boeing Co. of putting one of its assembly lines for the new 787 in South Carolina to retaliate against […]
Commodity Price Swings Seen Threatening World Recovery, Needing Regulation - Bloomberg
April 14, 2011
The leaders of Brazil, Russia, India, China and South Africa said excessively volatile commodity prices pose a threat to the global economy and called for […]
Coffee market fires up as brew becomes liquid gold
March 21, 2011
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Icahn offers to buy Mentor Graphics at $17 a share
February 22, 2011
Activist investor Carl Icahn is offering to buy software maker Mentor Graphics Corp. for $17 per share in cash, or about $1.9 billion.
The offer is […]
More confident consumers break out credit cards
February 7, 2011
Americans are putting more money on their credit cards after more than two years of cutting back, a sign that they are gaining confidence in […]
Europe Watchdog May Be Toothless in Crisis Prevention - Bloomberg
January 21, 2011
Europe’s new risk watchdog probably lacks the teeth to avert the region’s next financial crisis, economists and analysts say.
The European Systemic Risk Board, […]
JGB Rebound Seen as Japan’s Yosano Joins Kan’s Cabinet - Bloomberg
January 17, 2011
Japanese Prime Minister Naoto Kan’s decision to bring former finance minister Kaoru Yosano into his Cabinet signals a return to fiscal reforms that helped send […]