Business and Finance News
 Fund-poor schools close in Missouri
Europe News.Net
In the US, the school board in Kansas City has decided to close 26 of the city's 59 public schools to keep the district afloat financially.
Forbes says Gates no longer the world's richest
Europe News.Net
Mexican tycoon Carlos Slim is the world's richest person, knocking Microsoft founder Bill Gates into second spot, as the wealth of the world's billionaires grew by 50 per cent over the last year.
Anoka Man Sues Toyota Over New Car
Star Tribune
A Minneapolis law firm filed suit Thursday against Toyota Motor Corp., joining the growing number of cases seeking class-action status against the Japanese automaker for massive recalls that have left...
World Trade Heading For Double-digit Growth In 2010
Finfacts Business News
. The emerging markets have seen external trade pick up strongly and in some cases rapidly, unlike the developed economies. In a few instances, the export performance of emerging markets is close or a...
Asian Stocks Mixed After S&p Index Clears Hurdle
Examiner
Asian stock markets were mixed in early trading Friday after the Standard & Poor's 500 index closed at a 17-month high with investors worried about inflationary pressures in China.Japan's Nikkei 225 s...
Will Tv Ratings Improve In Ipl 3?
Times Of India
NEW DELHI: Season Two of the Indian Premier League (IPL) saw television ratings dropping in comparison to the first season, but the total number of viewers and advertising time rising sharply. With...
New York Bank Closed By Regulators
Fox Business
SAN FRANCISCO -- New York, N.Y.-based LibertyPointe Bank was closed by regulators Thursday, marking the 27th U.S. bank failure of the year. LibertyPointe had $209.7 million in assets and $209.5 milli...
Obama To Tap Yellen For Fed Vice Chair:source
Reuters
WASHINGTON (Reuters) - President Barack Obama plans to nominate San Francisco Federal Reserve Bank President Janet Yellen to be vice chairman of the central bank, a source familiar with the process sa...
Wells Fargo First Quarter Earnings Information
Earth Times
SAN FRANCISCO - (Business Wire) Wells Fargo & Company (NYSE:WFC) is scheduled to announce its first quarter 2010 earnings on Wednesday, April 21, 2010, at 5 a.m. PDT (8 a.m. EDT). The news release...
Video: Banning Certain Earmarks
CBS News
Following a series of recent scandals for the Democratic Party, Nancy Cordes reports Congressional leaders are aiming for ethical reform by banning earmarks for private companies.
Obama Touts Effort To Double U.s. Exports
CBS News
Economic Growth Outpaces Expectations (AP) President Barack Obama sought Thursday to put some detail behind his lofty drive to double U.S. exports over the next five years, calling the effort imperati...
Republic Hits Speed Bump With Frontier Mechanics
ABCNews
The union for mechanics at Frontier Airlines is going to court over plans to shift their work to Milwaukee. Republic Airways Holdings Inc. bought Frontier last year, and wants to move Frontier's ma...
Regulators Shut Libertypointe Bank In Nyc
ABCNews
Regulators on Thursday shut down LibertyPointe Bank in New York City, boosting to 27 the number of bank failures in the U.S. so far this year following the 140 brought down in 2009 by mounting loan de...
Ceo Pay Watch: Graco's Mchale: $776,000
Star Tribune
For 2009 McHale qualified for a bonus of $81,228. But with employees having already made sacrifices, he declined to accept the award. McHale also requested, and the compensation committee approved, no...
Stocks To Watch: Stocks In Focus For Friday
MarketWatch
Russian ETF landscape State Street launches ETF tracking Russian stocks, going up against Van Eck’s Market Vectors Russia ETF, writes MarketWatch's John Spence.
Former Lloyds Banker Sir Brian Pitman Dies
The Independent
Sir Brian Pitman, arguably the most respected banker of his generation, has died of a heart attack aged 78. Sir Brian, had most recently been the chairman of Virgin Money, but he was became famous fo...
Citigroup Ceo Says Bank On Path To Profitability
Examiner
Citigroup Inc. says it's heading back toward sustained profitability after two years that saw the bank lose billions of dollars and be bailed out by the government.CEO Vikram Pandit said Thursday that...
Us Stocks Rally 0.4 Per Cent, Buoyed By Citigroup
Earth Times
New York - US stocks rose at least 0.4 per cent Thursday, after increases on the two previous days, buoyed by the bailed-out Citigroup's optimistic outlook. Citigroup chief executive Vikram Pandit pro...
Earnings Roundup: Xoma, Pacific Sunwear
The Seattle Times
Among the earnings stories for Thursday, March 11, from AP Financial News: BERKELEY, Calif. (AP) - Biotechnology company Xoma Ltd. said its fourth-quarter profit fell as its contract revenue dipped. ...
Ulta Salon Expects Earnings And Sales Growth
The Seattle Times
Ulta Salon Cosmetics & Fragrance Inc. on Thursday said it expects its earnings per share to double or nearly double in its fiscal first quarter compared with a year ago.
Weak Economy Means It's A Freebie Nation
MSNBC
You know the saying, “there’s no such thing as a free lunch?” Well, in this economy, getting a free lunch, a free book or even a free dress shirt may be easier than you think.
New York Banking Gains On London
BBC
New York and London have been ranked as the joint-top global financial centres, according to research published by the City of London Corporation.New York, which was previously second to London, was r...
Uk House Sales 'slow' In 2010
BBC
The number of homes sold in England and Wales at the start of 2010 fell back to levels seen at the depths of the downturn, a survey says.Transaction levels fell to 36,000 in January, a drop of 52% com...
Warning On Public Sector Pensions
BBC
The amount of money paid as pensions to many workers in the public sector could more than triple in the next 50 years, the National Audit Office suggests.Its report on unfunded public sector schemes s...
Report: Aig Employees To Surrender $45 Million
Fox Business
AIG ) will recover $45 million in the form of returned contentious retention payments made to AIG employees in 2009, the Wall Street Journal reported, Thursday. Employees of the troubled taxpayer-o...
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