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Sunday, September 26, 2010 12:00 AM PDT

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Today's Business News: Wall Street Week Ahead: Stocks eye strong September finish Japan to "ease policy appropriately if necessary" Sinochem in early talks to finance Potash bid: report Blavatnik fights back on Lyondell creditors claims Ratings, merger force exit of NBC Universal and CNN execs SEC commissioner questions new market maker rules Fed boss says plodding economy still needs help KB Home 3rd-quarter loss narrows as revenue rises Moscow-Nice run: Got time? Money? Take new train AIG says AIA will make more than $2B this year Turkish PM does not rule out IMF-backed fiscal reform Zara owner posts profit jump on back of Asian expansion 2 charged in Ohio real estate agent's slaying BP fund czar promises bigger, faster claims Boehner criticizes postponement of tax cut vote Ford announces second engine plant in China How to Keep the Bedbugs from Biting Wall Street Week Ahead: Stocks eye strong September finish Fri, 24 Sep 2010 05:42 pm PDT Reuters - Stock investors will head into next week wondering if September will end as strongly as it began for the market, with manufacturing and personal income data among the top indicators on tap. Full Story Top Japan to "ease policy appropriately if necessary" Sat, 25 Sep 2010 11:00 pm PDT Reuters - Japan will ease monetary policy appropriately if necessary, while keeping an eye on the impact of the yen's rise on the economy, Bank of Japan Governor Masaaki Shirakawa said on Sunday. Full Story Top Sinochem in early talks to finance Potash bid: report Fri, 24 Sep 2010 07:27 pm PDT Reuters - China's Sinochem Corp is in early talks with banks to finance its likely bid for all or part of Potash Corp of Canada (POT.TO), a newspaper reported on Saturday, in a sign that China is serious about derailing BHP Billiton Ltd's (BLT.L) $39 billion hostile bid. Full Story Top Blavatnik fights back on Lyondell creditors claims Fri, 24 Sep 2010 08:06 pm PDT Reuters - Billionaire investor Len Blavatnik and his company Access Industries on Friday hit back at claims he knew the $12 billion 2007 leveraged buyout that created petrochemicals maker LyondellBasell (LALLF.PK) would fail. Full Story Top Ratings, merger force exit of NBC Universal and CNN execs Fri, 24 Sep 2010 05:35 pm PDT Reuters - Two of the media industry's highest profile executives said on Friday they would leave NBC Universal and CNN, victims of a ratings war and chaotic shifts in the business. Full Story Top SEC commissioner questions new market maker rules Fri, 24 Sep 2010 11:39 am PDT Reuters - A commissioner at the U.S. Securities and Exchange Commission questioned on Friday the value of saddling high-frequency trading firms with tighter market-making rules, which has emerged as a key possible response to the May "flash crash." Full Story Top Fed boss says plodding economy still needs help Fri, 24 Sep 2010 04:10 pm PDT AP - The economy is recovering from a deep recession more slowly than anticipated and still needs help from the Federal Reserve, Chairman Ben Bernanke said Friday. Full Story Top KB Home 3rd-quarter loss narrows as revenue rises Fri, 24 Sep 2010 01:43 pm PDT AP - KB Home said Friday it narrowed its fiscal third-quarter loss, as the homebuilder booked fewer write-downs and higher average selling prices helped boost revenue. Full Story Top Moscow-Nice run: Got time? Money? Take new train Sat, 25 Sep 2010 01:56 pm PDT AP - A new train taking rich Russians to the French Riviera in style and luxury has arrived in Nice, some 53 hours after it departed from Moscow. Full Story Top AIG says AIA will make more than $2B this year Sat, 25 Sep 2010 02:36 pm PDT AP - American International Group Inc. says the Asian life insurance unit it plans to spin off will make an operating profit of at least $2 billion this fiscal year. Full Story Top Turkish PM does not rule out IMF-backed fiscal reform Sat, 25 Sep 2010 04:24 am PDT Reuters - Turkish Prime Minister Tayyip Erdogan said on Saturday he did not completely rule out an International Monetary Fund-backed fiscal reform bill that reins in the public spending. Full Story Top Zara owner posts profit jump on back of Asian expansion Wed, 22 Sep 2010 10:12 am PDT AFP - Spain's Inditex, the world's biggest clothing retailer, reported a 68-percent rise in first half net profit Wednesday as its aggressive expansion abroad, especially in Asia, paid off. Full Story Top 2 charged in Ohio real estate agent's slaying Fri, 24 Sep 2010 08:36 pm PDT AP - Two men have been charged with killing an Ohio real estate agent who was showing a vacant house for sale, the first of two agents killed in a week in the region, authorities said Friday. Full Story Top BP fund czar promises bigger, faster claims Sat, 25 Sep 2010 10:08 pm PDT AP - Victims of the Gulf of Mexico oil spill should start getting bigger payments faster, the administrator of the fund set up to help them said Saturday. Full Story Top Boehner criticizes postponement of tax cut vote Fri, 24 Sep 2010 08:57 pm PDT AP - U.S. House Republican leader John Boehner (BAY-ner) is criticizing Democratic leaders in Congress for postponing a vote on extending Bush-era tax cuts until after the Nov. 2 election. Full Story Top Ford announces second engine plant in China Sat, 25 Sep 2010 10:26 am PDT AFP - US auto giant Ford Motor Company said Saturday that it signed an agreement with Chinese officials to open a second engine plant in the southwestern city of Chongqing. Full Story Top How to Keep the Bedbugs from Biting Fri, 24 Sep 2010 05:08 am PDT BusinessWeek - Until it was banned in 1972, the pesticide DDT helped keep bedbugs in check. Increased international travel and other modern phenomena have contributed to a resurgence of the apple-seed-size insects, which feed on human blood. Outbreaks have hit several U.S. cities. In New York, stores including Niketown and Victoria's Secret have closed temporarily because of infestations. The pests are now attracting attention from scientists and entrepreneurs. On Sept. 21 and 22, the experts showed off their anti-insect weapons at the first-ever North American BedBug Summit in Chicago. Full Story Top

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