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Growth hopes boost global equities (Reuters)
Mon, 06 Sep 2010 16:40:01 GMT

People are reflected in a stock index board outside a brokerage in Tokyo August 31, 2010. REUTERS/Kim Kyung-HoonReuters - World stocks rose on Monday on hopes the U.S. economy can avoid slipping back into recession, although the International Monetary Fund's chief economist warned of weak growth in both the United States and Europe.


Obama kicks off campaign with infrastructure plan (Reuters)
Mon, 06 Sep 2010 22:49:42 GMT

Audience members cheer as U.S. President Barack Obama attends the Milwaukee Laborfest event in Wisconsin to celebrate Labor Day, September 6, 2010. REUTERS/Larry DowningReuters - President Barack Obama, scrambling to jump-start job creation in a sluggish economy, proposed a six-year plan on Monday to rebuild aging roads, railways and runways with an initial $50 billion investment.


Oil operations in Gulf unaffected by storm (Reuters)
Mon, 06 Sep 2010 19:15:45 GMT
Reuters - BP Plc , the largest oil producer in U.S.-regulated areas of the Gulf of Mexico, and Shell Oil Co (RDSa.L) said Monday that Tropical Storm Hermine was not affecting their offshore operations.
Basel committee seeks 9 percent Tier 1 capital: report (Reuters)
Mon, 06 Sep 2010 18:43:56 GMT
Reuters - Global banks will be required to hold Tier 1 capital of nine percent including a 3 percent so-called "conservation buffer," German weekly Die Zeit reported, quoting a draft proposal from the Basel Committee, the body tasked with drawing up global banking rules.
Fed should not set limit on economy aid: Kohn (Reuters)
Mon, 06 Sep 2010 16:48:40 GMT
Reuters - The Federal Reserve should not announce a limit on its actions if it resumes purchases of Treasury securities to stimulate the U.S. economy, the former vice chairman of the central bank said.
A look at economic developments around the globe (AP)
Fri, 03 Sep 2010 17:00:38 GMT
AP - A look at economic developments and activity in major stock markets around the world Friday:
Want cheapskates to spend? Hawk gizmos that save (AP)
Sun, 05 Sep 2010 23:13:07 GMT

This photo taken Aug. 9, 2010, shows the Squeezeit product on a toothpaste tube in New York. Demand is rising for kitchen and bath gadgets that squeeze out that last blob of toothpaste and help get the suds out of tiny slivers of soap. Cheapskate gadgets may be a sign of the times, but they're also a sign of how product makers and retailers are trying to get people back in the spending habit. (AP Photo/Richard Drew)AP - How do you get penny pinchers to spend these days? Pitch products that promise to save them money.


Campbell reports Q4 profit rise on better margins (AP)
Fri, 03 Sep 2010 20:48:36 GMT

In this June 19, 2010 photograph, people walk along inside the new building at the Campbell Soup Co. headquarters, in Camden, N.J. The Campbell Soup Co. said Friday, Sept. 3, 2010, it made a profit of $113, or 33 cents per share during the fourth fiscal quarter, when the temperature rises and its soup sales traditionally drop. (AP Photo/Mel Evans)AP - Summer is rarely a hot sales season for Campbell Soup Co., and this year's sweltering June and July made that even more true, but the company said Friday that cost-cutting and strong drink sales helped its net income climb.


 Troubles mount for EU bid to re-draw economic government (AFP)
Mon, 06 Sep 2010 21:15:27 GMT

European Union President Belgian Herman Van Rompuy (R) speaks with Belgium Finance Minister Didier Reynders before a meeting on Economic Governance at the EU headquarters in Brussels. Plans to radically re-draw cross-border economic government across Europe hit a stumbling block on Monday 10 days from a deadline for concrete action set by European Union leaders.(AFP/John Thys)AFP - Plans to radically re-draw cross-border economic government across Europe hit a stumbling block on Monday 10 days from a deadline for concrete action set by European Union leaders.


Petrobras sells 64 bln dlrs of stock to fund oil exploration (AFP)
Fri, 03 Sep 2010 20:57:08 GMT

An oil platform off the coast of Brazil. Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.(AFP/File/Antonio Scorza)AFP - Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.


WTO to issue Boeing subsidies verdict Sept. 15: source (AFP)
Mon, 06 Sep 2010 17:12:52 GMT

An A320 Airbus aircraft. The World Trade Organization will issue its long-awaited opinion on Europe's challenge to American subsidies to US aerospace giant Boeing next week, a source close to the matter said Monday.(AFP/File)AFP - The World Trade Organization will issue its long-awaited opinion on Europe's challenge to American subsidies to US aerospace giant Boeing next week, a source close to the matter said Monday.


Venezuela OKs payment for French retailer Casino (Reuters)
Sat, 04 Sep 2010 21:09:56 GMT
Reuters - Venezuelan President Hugo Chavez has approved a $690 million payment to French retailer Casino and other owners of a supermarket chain nationalized earlier this year, state media said on Saturday.
MGIC added $1.2B in mortgage coverage in August (AP)
Fri, 03 Sep 2010 18:50:41 GMT
AP - Private mortgage insurer Mortgage Guaranty Insurance Corp. said Friday it added $1.2 billion in new primary insurance coverage in August and the number of delinquent loans it insures declined.
US won't say if blowout preventer on way to shore (AP)
Mon, 06 Sep 2010 20:24:33 GMT

Jocelyn Davis, 8, waits for the judges costume results during the 75th Annual Shrimp and Petroleum Festival on September 4, in Morgan City, Louisiana. Jocelyn's costume was titled the AP - The Justice Department won't say if the blowout preventer that failed to stop oil from gushing from BP's undersea well into the Gulf of Mexico is on its way to shore.


McCain Hits Democrats for 'Flailing Around' on Economy (CQPolitics.com)
Sun, 05 Sep 2010 17:28:49 GMT
CQPolitics.com - Leading voices in both parties sparred Sunday over the state of the economy and the role that Bush tax cuts should play in the recovery.
Fiat to name Toyota executive to head sales: report (Reuters)
Mon, 06 Sep 2010 19:13:41 GMT
Reuters - Italian car maker Fiat SpA will hire Toyota Motor Europe's (7203.T) Andrea Formica to head sales at its four-brand automotive group, Automotive News Europe said, citing sources familiar with the matter.
Crafting a Career in Eco-Chic Jewelry (BusinessWeek)
Fri, 03 Sep 2010 12:08:42 GMT
BusinessWeek - Goldman Sachs may not have a lot of friends in the White House these days, but one of its former employees has made a good impression. After three years as an analyst in Goldman's fixed-income, currencies, and commodities division, Monique Pean began her own jewelry line that can now be found in Barneys, Jeffrey New York, and around the neck of Michelle Obama.