Sunday, August 28, 2011

Daily News Digest: Reuters Business News Headlines - Yahoo! News

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Sunday, August 28, 2011 12:06 AM PDT
Today's Reuters Business News Headlines - Yahoo! News:
Air Canada flight attendants reject tentative pact
Sat,27 Aug 2011 04:49 PM PDT
Reuters - TORONTO (Reuters) - Air Canada flight attendants have rejected a tentative contract that union bargainers negotiated with the country's largest air carrier, and the union has scheduled a strike vote for next month. Full Story
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Comments by Lagarde, Trichet at Jackson Hole
Sat,27 Aug 2011 04:41 PM PDT
Reuters - JACKSON HOLE, Wyoming (Reuters) - Following are comments by European Central Bank President Jean-Claude Trichet and IMF Managing Director Christine Lagarde at a Federal Reserve conference on Saturday: Full Story
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Exchanges expect normal stock trading despite Irene
Sat,27 Aug 2011 03:54 PM PDT
Reuters -

photoNEW YORK (Reuters) - The New York Stock Exchange and Nasdaq repeated on Saturday that, despite the arrival of Hurricane Irene in New York, both expect to conduct a normal trading session to start the week.


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"Act now" to save global recovery, IMF chief urges
Sat,27 Aug 2011 03:37 PM PDT
Reuters -

photoJACKSON HOLE, Wyo (Reuters) - The new head of the IMF on Saturday called on global policymakers to pursue urgent action, including forcing European banks to bulk up their capital, to prevent a descent into a renewed world recession.


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ECB's Trichet - price stability absolutely essential
Sat,27 Aug 2011 03:31 PM PDT
Reuters - JACKSON HOLE, Wyoming (Reuters) - Asked to comment on whether the greater risk to the euro zone was weak growth rather than inflation, European Central Bank President Jean-Claude Trichet said on Saturday it is important for the central bank to maintain confidence in price stability. Full Story
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Banks scramble to add cash as Irene approaches
Sat,27 Aug 2011 01:13 PM PDT
Reuters -

photoNEW YORK (Reuters) - Cash is king in a hurricane, but getting it is another question entirely.


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Emerging economies shouldn't rely on dollar: economist
Sat,27 Aug 2011 08:07 AM PDT
Reuters - JACKSON HOLE, Wyoming (Reuters) - Emerging economies should find other ways to buffer themselves from global crises than stockpiling U.S. government debt, a prominent economist argued on Saturday. Full Story
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Schaeuble warns coalition MPs to back EFSF reforms
Sat,27 Aug 2011 07:30 AM PDT
Reuters -

photoBERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble warned members of parliament in his ruling coalition that financial markets may doubt Europe's ability to act if they fail to back measures bolstering the powers of the euro zone bailout fund.


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Stocks eye perfect storm of Irene and jobs
Fri,26 Aug 2011 09:14 PM PDT
Reuters -

photoNEW YORK (Reuters) - U.S. stocks are setting up for another turbulent week that will begin with a focus, oddly enough, on the weather.


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U.S. oil-spill ruling pleases plaintiff lawyers
Fri,26 Aug 2011 06:30 PM PDT
Reuters - NEW YORK (Reuters) - Plaintiff lawyers claimed a victory on Friday when a federal judge overseeing hundreds of lawsuits against BP and others over last year's big oil spill in the Gulf of Mexico allowed much of the case to move ahead, including punitive damages claims. Full Story
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Insight: Apple's board set for bigger role under new regime
Fri,26 Aug 2011 06:10 PM PDT
Reuters -

photoNEW YORK (Reuters) - The departure of Steve Jobs as Apple's CEO is likely to trigger some major changes for the company's board.


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Photo of seemingly frail Jobs appears on Web
Fri,26 Aug 2011 04:47 PM PDT
Reuters -

photoLOS ANGELES (Reuters) - A photograph appearing to show an emaciated Steve Jobs surfaced on celebrity website TMZ, which said the picture was taken on Friday, two days after he resigned as Apple Inc's CEO.


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Stocks eye perfect storm of Irene and jobs
Fri,26 Aug 2011 04:31 PM PDT
Reuters - NEW YORK (Reuters) - U.S. stocks are setting up for another turbulent week that will begin with a focus, oddly enough, on the weather. Full Story
Top

Failed experiment: Apple pulls TV rentals from iTunes
Fri,26 Aug 2011 04:29 PM PDT
Reuters - LOS ANGELES (TheWrap.com) - "Modern Family" fans will no longer have the option to rent or buy -- at least when it comes to iTunes. Full Story
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Fed to hold hearings on Capital One, ING deal
Fri,26 Aug 2011 03:23 PM PDT
Reuters -

photoWASHINGTON (Reuters) - The Federal Reserve announced on Friday that it will hold three public meetings on the proposed purchase of ING Groep NV's online bank ING Direct by Capital One Financial Corp.


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