Sunday, April 4, 2010

Daily News Digest: Business News

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Sunday, April 4, 2010 12:02 AM PDT
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Today's Business News:
Flash, and some nods to recession, at NY auto show
Sat, 3 Apr 2010 09:25 pm PDT
AP - Teenage car enthusiast Frank Vecchio stood in awe before a Rolls-Royce Ghost with a $301,575 sticker price — admiring a detail he had seen only in a video game. Full Story
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Census jobs provide short but welcome opportunity
Sat, 3 Apr 2010 06:47 pm PDT
AP - As census workers gear up to count us, they are counting themselves lucky to be employed. Full Story
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US delaying currencies report amid China dispute
Sat, 3 Apr 2010 08:04 pm PDT
AP - The Obama administration is delaying a report to Congress on currency policies amid calls from some lawmakers that it should cite China as a currency manipulator harmful to the U.S. economy. Full Story
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Apple fans eagerly touch and swipe first iPads
Sat, 3 Apr 2010 09:48 pm PDT
AP - Now that the iPad is in the hands of early adopters, the hard work for Apple Inc. begins. Full Story
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Political Economy: Nailing Jello
Sat, 3 Apr 2010 04:03 pm PDT
CQPolitics.com - Last week, with the enactment of the health care reconciliation package, Congress struck a blow to the tax shelter business after many years of trying. There's a good chance, though, that the blow will be glancing and that the lawmakers' intent won't be achieved. Full Story
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Inquiry begins into deadly Wash. refinery blast
Sat, 3 Apr 2010 02:03 pm PDT
AP - Investigators launched an inquiry into a deadly Washington state oil refinery blast as families hoped for the best Saturday for two employees who suffered severe burns over most of their bodies. Full Story
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Ford, Research in Motion, Citigroup are big movers
Thu, 1 Apr 2010 02:43 pm PDT
AP - Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market: Full Story
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Highlights of March jobs report, at a glance
Fri, 2 Apr 2010 02:21 pm PDT
AP - The nation's economy generated 162,000 jobs last month as the unemployment rate remained 9.7 percent for the third straight month, the Labor Department said Friday. The report is the latest sign that the economic recovery is gaining momentum. Full Story
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Q1 Earnings Season Should Be Strong, With Broad Gains
Thu, 1 Apr 2010 04:44 pm PDT
Investor's Business Daily - Analysts expect to see more robust growth when corporate earnings roll in this month, though this time prior-year comparisons should be a little less skewed than they were in the prior quarter. Full Story
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Stung by costly loans, Greece doubts EU debt plan
Sat, 3 Apr 2010 10:46 pm PDT
AFP - Greece fought for months to get EU help to tackle its mounting debt crisis but it has taken only days for fresh doubts to emerge on the deal and the country's ability to put its finances in order. Full Story
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Icahn now owns whole mortgage on Trump casinos
Fri, 2 Apr 2010 06:02 am PDT
AP - Carl Icahn has bought the remaining half of the $500 million mortgage on the three Trump Entertainment Resorts casinos he's trying to buy out of bankruptcy. Full Story
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ECB to hold first meeting since EU Greece showdown
Sat, 3 Apr 2010 10:39 pm PDT
AFP - European Central Bank governors meet this week to set monetary policy for the first time since EU leaders agreed to accept potential IMF help for Greece, despite strong objections by the ECB. Full Story
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Group 1 Automotive closes $15M note offering
Thu, 1 Apr 2010 02:20 pm PDT
AP - Auto retailer Group 1 Automotive Inc. said Thursday that its sale of $15 million of convertible senior notes due 2020 has closed. Full Story
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U.S. probing LPS unit Docx LLC: report
Sat, 3 Apr 2010 08:49 am PDT
Reuters - A unit of Lender Processing Services Inc (LPS.N), a U.S. provider of paperwork used by banks in the foreclosure process, is being investigated by federal prosecutors, the Wall Street Journal reported on Saturday. Full Story
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Environmentalists blast Obama mining rule reversal
Fri, 2 Apr 2010 01:44 pm PDT
AP - The same week President Barack Obama riled environmentalists with plans for offshore oil drilling, he faces criticism for signaling he will support a Bush-era policy criticized as giving mining companies unlimited access to public lands to dump toxic waste. Full Story
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Peace breaks out on S.Korean factory floors
Sat, 3 Apr 2010 11:44 pm PDT
AFP - Eight months ago, Ssangyong Motor's car plant looked like a war zone as unionists occupying the premises battled riot police with catapults, firebombs and steel pipes. Full Story
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The Man Behind London's Shard Skyscraper
Fri, 2 Apr 2010 05:08 am PDT
BusinessWeek - In case anybody doesn't know it, a dramatic change to London's skyline is emerging in the shape of the Shard, a skyscraper on the city's South Bank that resembles a giant wigwam of glass. When completed in 2012, it will be Europe's tallest building. And Irvine Sellar is the man responsible for it. Full Story
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