Daily News Alert | Monday, July 26, 2010 12:00 AM PDT |
Euro rises, Asian shares up after stress tests
Sun, 25 Jul 2010 11:14 pm PDT
Reuters - The euro edged up and Asian shares rose on Monday as solid U.S. corporate earnings and surprisingly strong euro zone data offset growing skepticism that stress tests on European banks were not strict enough. Full Story | Top |
BP CEO to walk away with $18 million: report
Sun, 25 Jul 2010 09:29 pm PDT
 Reuters - BP Chief Executive Tony Hayward will collect a pay and pension package worth at least 11.8 million pounds ($18.03 million) when he steps down from his role at the company, the Times newspaper reported on Sunday. Full Story | Top |
Sony to return to operating profit in Q1: report
Sun, 25 Jul 2010 09:32 pm PDT
Reuters - Sony Corp (6758.T)(SNE.N) will likely return to profitability in the April-June quarter, beating market expectations for an operating loss, on solid sales and cost cuts, the Nikkei business daily reported on Monday. Full Story | Top |
Most European banks past tests, stocks rise
Fri, 23 Jul 2010 02:30 pm PDT
AP - PASSING THE TEST: Most European banks passed so-called "stress" tests, which estimate their ability to withstand the continent's debt problems. That and more upbeat earnings reports sent stocks sharply higher for the second straight day. Full Story | Top |
As Cubans wait, Castro to mark revolution's start
Sat, 24 Jul 2010 01:56 pm PDT
 Reuters - President Raul Castro will mark the 57th anniversary of the start of the Cuban revolution on Monday on a bit of a roll internationally, but still struggling to modernize one of the world's last communist economies. Full Story | Top |
Wal-Mart to roll out smart tags on men's basics
Fri, 23 Jul 2010 10:53 am PDT
AP - Wal-Mart Stores Inc. is putting electronic identification tags on men's clothing like jeans starting Aug. 1 as the world's largest retailer tries to gain more control of its inventory. But the move is raising eyebrows among privacy experts. Full Story | Top |
NJ governor vetoes 3 bills, cites "economic crisis"
Fri, 23 Jul 2010 02:49 pm PDT
Reuters - New Jersey Governor Chris Christie on Friday vetoed three bills that would have provided tax credits to homebuyers and funded health services, citing the combined $132 million cost as the state struggles to close an $11 billion budget shortfall in the current year. Full Story | Top |
Who's Afraid of Steve Jobs?
Fri, 23 Jul 2010 05:08 am PDT
BusinessWeek - Two decades ago, when Consumer Reports started evaluating treadmills, it built a test machine it called the Johnny Walker. A drum-like steel cylinder studded with green rubber balls, the Johnny Walker spins above the rolling belts of its victims, pummeling them with blows meant to simulate the footsteps of a 170-lb. runner. In the early days, after a few hours of insistent pounding, some treadmills caught fire. Full Story | Top |
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