Oracle names ex-HP CEO Mark Hurd co-president
(AP)
Tue, 7 Sep 2010, 4 mins agoAP - Oracle Corp. has announced former Hewlett-Packard Co. CEO Mark Hurd is joining the database software maker as co-president.
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Obama assails GOP, promotes new jobs program
(AP)
Mon, 6 Sep 2010, 4 hours agoAP - A combative President Barack Obama rolled out a long-term jobs program Monday that would exceed $50 billion to rebuild roads, railways and runways, and coupled it with a blunt campaign-season assault on Republicans for causing Americans' hard economic times.
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US won't say if blowout preventer on way to shore
(AP)
Mon, 6 Sep 2010, 4 hours agoAP - The Justice Department won't say if the blowout preventer that failed to stop oil from gushing from BP's undersea well into the Gulf of Mexico is on its way to shore.
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Argentines risking all to carry huge wads of cash
(AP)
Mon, 6 Sep 2010, 5 hours agoAP - The "marker" lurks inside the bank, looking for people pulling large amounts of cash from a safe deposit box or bank account. The gunmen linger outside, usually on motorcyles, waiting to make their move.
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French unions launch strike over pension overhaul
(AP)
Mon, 6 Sep 2010, 6 hours agoAP - French train traffic began tapering off Monday at the start of what promises to be a major strike over unpopular conservative President Nicolas Sarkozy's plans to raise the retirement age from 60 to 62.
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Mozambican radio: 9 who call for protests arrested
(AP)
Mon, 6 Sep 2010, 6 hours agoAP - Mozambicans found Monday they could not send text messages, after some used the technology to call for protests in this impoverished country over increases in food, water and electricity prices.
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Unions suspend South African civil service strike
(AP)
Mon, 6 Sep 2010, 6 hours agoAP - South African civil servants unions are suspending a nationwide strike for higher wages to give members time to consider the government's latest offer, labor leaders said Monday.
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NY cigarette tax plans raise reservation tensions
(AP)
Mon, 6 Sep 2010, 7 hours agoAP - As New York Indian Nation leaders battle in courtrooms to preserve their tax-free cigarette market, tensions are rising on reservations, where the state's renewed efforts to tax sales to non-Native customers is viewed as yet another attack on Native American rights.
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US investors seek pay for pre-WWII German bonds
(AP)
Mon, 6 Sep 2010, 8 hours agoAP - More than 80 years ago, Germany sold tens of thousands of bonds to American investors in an effort to recover financially from World War I. Later, Adolf Hitler used some of the money raised by those bonds to build the powerful Nazi war machine that would ravage Europe during World War II.
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FDA relents from midodrine withdrawal plan
(AP)
Mon, 6 Sep 2010, 8 hours agoAP - Federal regulators have backed off a plan to remove a Shire PLC low blood-pressure treatment from the market after warning in August that the drug has not been proven effective.
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German banker hits nerve with anti-immigration book
(AFP)
Mon, 6 Sep 2010, 15 hours agoAFP - Politicians have rushed to condemn a board member of the German central bank for a new book tackling immigration, but his views have found considerable support among the population at large.
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Taiwan's HTC: iPhone's `quiet' challenger
(AP)
Mon, 6 Sep 2010, 22 hours agoAP - East Asia is the world's electronics factory, yet unless they are Japanese, producers are largely anonymous. Now HTC Corp., a Taiwanese maker of smart phones, is moving out of the shadows and trying to establish its own brand name as it competes with Apple's iPhone.
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China allows insurers to invest in private equity, real estate
(Reuters)
Mon, 6 Sep 2010 12:45:39 AMReuters - China will allow insurers to broaden investment channels into private equity and real estate, a move that could unleash as much as $100 billion worth of fresh funding into unlisted firms and the property sector.
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Want cheapskates to spend? Hawk gizmos that save
(AP)
Sun, 5 Sep 2010 11:13:07 PMAP - How do you get penny pinchers to spend these days? Pitch products that promise to save them money.
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What might make the Fed flinch?
(Reuters)
Sun, 5 Sep 2010 07:54:49 PMReuters - The U.S. economy appears to be trudging along, neither booming nor busting, growing steadily enough to diminish double-dip recession fears but not quickly enough to bring down unemployment.
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Future hiring will mainly benefit the high-skilled
(AP)
Sun, 5 Sep 2010 05:54:52 PMAP - Whenever companies start hiring freely again, job-seekers with specialized skills and education will have plenty of good opportunities. Others will face a choice: Take a job with low pay — or none at all.
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Official: Obama backing research tax credits
(AP)
Sun, 5 Sep 2010 04:23:01 PMAP - Seeking ways to spur economic growth ahead of the November elections, President Barack Obama will ask Congress to increase and permanently extend research and development tax credits for businesses, a White House official said Sunday.
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Afghan Central Bank: Kabul Bank has `stabilized'
(AP)
Sun, 5 Sep 2010 03:16:48 PMAP - Afghanistan's largest bank remained solvent Sunday after a nearly weeklong run on the troubled institution, according to the governor of the nation's central bank, which is being criticized for looking the other way at the bank's mismanagement problems for too long.
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Pulitzer-winning cartoonist Paul Conrad dies at 86
(AP)
Sun, 5 Sep 2010 09:41:02 AMAP - For more than half a century, Pulitzer Prize winning cartoonist Paul Conrad poked fun at politicians, taking on presidents from Harry S. Truman to George W. Bush.
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IMF's Lipsky says moderate world recovery underway
(Reuters)
Sun, 5 Sep 2010 05:07:07 AMReuters - The world economy is recovering moderately but still faces challenges such as the need for medium-term fiscal consolidation, the IMF's First Managing Director, John Lipsky, said on Sunday.
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