Oil jumps on deadly Egypt clashes, inflation
Wed, 2 Feb 2011 11:31 pm PST
 Reuters - Oil prices surged past $103 on Thursday as pro-democracy protests in Egypt turned violent, while commodities markets raced even higher, adding to worries of mounting inflationary pressures could threaten the global economic recovery. Full Story | Top |
Prosecutors widen currency probes: report
Wed, 2 Feb 2011 08:21 pm PST
Reuters - Prosecutors assisted by whistleblowers are widening an investigation into whether banks overcharged public pension funds in the United States by tens of millions of dollars for foreign-exchange transactions, the Wall Street Journal reported. Full Story | Top |
Sony profit drops as TVs erase gaming gains
Wed, 2 Feb 2011 11:26 pm PST
Reuters - Japan's Sony Corp posted a 5.9 percent fall in third-quarter profit on Thursday as a price war hit its TV unit and a stronger yen weighed, and lowered its revenue forecast on slower-than-expected TV sales. Full Story | Top |
U.S. illegal immigrant population steady
Wed, 2 Feb 2011 05:58 am PST
Reuters - The number of illegal immigrants in the United States leveled off at around 11 million last year, ending a two-year slide since the start of the recession, according to a study released on Tuesday. Full Story | Top |
Unilever 4th quarter profit rose 15 percent
Wed, 2 Feb 2011 11:52 pm PST
AP - Unilever NV, maker of Dove Soaps, Lipton's teas and Ben & Jerry's ice cream, says its fourth quarter earnings rose 15 percent on strong sales growth in emerging markets, though margins suffered slightly from rising commodity costs. Full Story | Top |
UN says Asian tech exports far outpace US
Wed, 2 Feb 2011 07:35 am PST
 AP - Asia is now exporting two-thirds of the world's mobile phones, personal computers, digital televisions and other high-tech goods for information and communications, in a significant shift in world trade accentuated by the global financial crisis, the U.N. reported Wednesday. Full Story | Top |
APNewsBreak: Feds end prisoners' bogus tax refunds
Wed, 2 Feb 2011 04:31 pm PST
 AP - A new agreement aims to stop federal prisoners from filing for and collecting millions of dollars in bogus tax refunds from their cells. Pressure from U.S. senators in New York, Ohio, Minnesota and Florida in January led to an agreement signed Wednesday between the Internal Revenue Service and the federal Bureau of Prisons to break down bureaucratic and regulatory barriers to end the practice. Full Story | Top |
A Change in Career Strategy
Tue, 1 Feb 2011 05:08 am PST
BusinessWeek - The extent and degree to which global warming causes our climate to change is still unknown. While all qualified scientific organizations agree that greenhouse gas emissions are causing our planet to warm, there are various opinions about the influence they have had on rising temperatures and sea levels and dangerous storms. By making no political attempt to curb emissions, it is as if we are conducting a high-stakes science experiment with our planet. We'll keep pumping carbon into our atmosphere and see how the earth responds. ... Full Story | Top |
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