Business and Finance News
 BP oil spill workers to be withdrawn from clean beaches
Azerbaijan News.Net
Incoming BP chief executive Bob Dudley has made a commitment to tackling the environmental oil damage in the Gulf of Mexico, but has also said it is time for the company to scale back some aspects of the oil spill clean-up.
 FAA downgrades Mexican airlines
Azerbaijan News.Net
Mexico's aviation safety rating has been downgraded by the US oversight organisation, the Federal Aviation Administration. The FAA has given Mexico a category 2 rating, which is often given to Third World countries. Mexican airlines will not be able to
 Interns could be entitled to wages
Azerbaijan News.Net
A new report from a US think tank, Internocracy, has said young people working for free as interns are legally entitled to be paid.
 BP scaling back oil response efforts
Azerbaijan News.Net
BP will begin scaling back its oil containment efforts, CEO-elect Robert Dudley told reporters on his first trip to the Gulf since the board vote.
 Unemployment soaring for Spain
Azerbaijan News.Net
Spain's economy continues to take a hammering with the latest unemployment figures showing the highest levels in thirteen years.
Indian economy moving fast towards $2 trillion mark
Times Of India
NEW DELHI: The Indian economy would grow to $1.72 trillion in 2011-12, moving closer towards the $2 trillion mark, according to an assessment by the Prime Minister's Economic Advisory Council (PMEA...
China Setting Milestone as Economy Passes Japan's
ABCNews
China is set to overtake Japan as the world's second-largest economy in a resurgence that is changing everything from the global balance of military and financial power to how cars are designed.
When Double Dippers Become Economic Party Poopers
ABCNews
FILE - In this July 29, 2010 file photo, President Barack Obama addresses the National Urban League 100th Anniversary Convention in Washington. (AP Photo/Pablo Martinez Monsivais, File) (AP) They'r...
When Double Dippers become economic party poopers
MSNBC
WASHINGTON — They're a minority, but a vocal one, and they're hovering like storm clouds over a brittle recovery. They're the Double Dippers — the politicians, economists and analysts who f...
UK's Osborne urges banks to lend, restrain bonuses
Fox Business
August 1, 2010 LONDON, July 31 (Reuters) - British finance minister George Osborne urged the country's banks to use strong first-half profits to boost business lending rather than pay large bonus...
S.Korea July average daily exports down vs June
Fox Business
August 1, 2010 SEOUL, Aug 1 (Reuters) - South Korea's average exports value per working day fell to $1.69 billion in July from a revised $1.82 billion in June, government data showed on Sunday. ...
UPDATE 1-Chinese output growth slows further in July
Fox Business
August 1, 2010 * Official PMI falls to 51.2 (forecast 51.1) vs 52.1 in June * Government economist still sees 2010 GDP growth at 9.5 pct * New export index falls, remains above 50 boom-bust li...
UK's Osborne urges banks to lend, restrain bonuses
Reuters
LONDON (Reuters) - British finance minister George Osborne urged the country's banks to use strong first-half profits to boost business lending rather than pay large bonuses, in an interview published...
FDIC Shuts Banks in Fla., Ga., Ore., Wash.
CBS News
(AP) Regulators on Friday shut banks in Florida, Georgia, Oregon and Washington, lifting to 108 the number of U.S. banks to fail this year as the industry has struggled to cope with mounting loan defa...
Salazar Tours Rigs in Gulf, Keeps Drill Ban
CBS News
BP Scaling Back Clean-Up Ops BP announced it will reduce the size of the cleanup effort in the Gulf and that has some locals fearing that it may be too soon for the oil giant to pull out. Don Teague r...
Your Wedding Gift Dilemmas Solved
CBS News
Guests spend an average of $60 to $120 on a wedding gift, depending on their relationship with the couple, according to TheKnot.com and WeddingChannel.com 2009 Registry Study.
Obama Slams GOP's "Do-Nothing Policies"
CBS News
President Barack Obama places his order for a submarine sandwich with Carl Padavano, before meeting with small business owners at the Tastee Sub Shop in Edison, N.J. on Wednesday.
How to Be a "Super Saver"
CBS News
secrets of so-called "super savers," and what they have in common. According to her report, super savers delay gratification, have no impulse buys, have an absolute avoidance of debt, automate their ...
Conn. Casino Bartenders, Others Vote to Unionize
ABCNews
Bartenders, beverage servers, and other workers at the Foxwoods Resort Casino voted Saturday in favor of having union representation. The National Labor Relations Board, which ordered the election,...
Coast Guard Allows Toxic Chemical Use on Gulf Oil
ABCNews
Oil containment boom is seen with fresh oil near Comfort Island, in Yscloskey, La. Saturday, July 31, 2010. On shore, BP, Halliburton and Transocean are engaging in a billion-dollar blame game over th...
24 Remain Trapped in Flooded Coal Mine in NE China
ABCNews
Two dozen workers were trapped in a flooded mine in northeast China on Sunday, the latest accident in the country's notoriously dangerous coal industry. The State Work Safety Administration has dis...
Insurance deals strike a dissonant chord
Star Tribune
Michael Antonello has used a lucrative career as an independent New Brighton life insurance agent as a way to finance his passions: American impressionist artwork and classical music. He amassed mill...
Car, credit problems top consumer complaints
Star Tribune
Billing disputes. Shoddy repairs. Outfits that promise to fix credit woes or stop houses veering toward foreclosure, but then take your money and disappear. Last week, the Consumer Federation of Ameri...
Test No. 1 in college: Picking a health insurer
Star Tribune
It's the first real-life test for students heading off to college: picking the right health insurance plan. The confusion starts before students even set foot on campus, when families must decide whe...
SEC: Out with 12b-1s, in with clear fees
Star Tribune
If you're like most mutual fund investors, you don't have a firm understanding of the fees you're being charged. And you may justifiably worry that you're paying more than you should. Such anxiety ma...
Coast Guard OK'd all BP requests to use dispersants
Star Tribune
While the BP well was still gushing, the Obama administration issued an order that limited the spreading of controversial dispersant chemicals on the Gulf of Mexico's surface. Their use, they said, sh...
Target buys space for store in downtown Seattle
Star Tribune
SEATTLE - Department-store chain Target has bought retail space near Pike Place Market for a store in downtown Seattle. The seller says the three story, 103,000-square-foot commercial space on Second...
Coast Guard allows toxic chemical use on Gulf oil
Seattle Post-Intelligencer
Oil containment boom is seen with fresh oil near Comfort Island, in Yscloskey, La. Saturday, July 31, 2010. On shore, BP, Halliburton and Transocean are engaging in a billion-dollar blame game over th...
Buffett-signed spoon a scoop for charity
MSNBC
Dairy Queen President and CEO John Gainor holds a 33-inch, red Dairy Queen spoon for Warren Buffett to sign at the Berkshire Hathaway shareholders meeting in May.
S.Korea exports to US and China higher in July
Fox Business
August 1, 2010 SEOUL, Aug 1 (Reuters) - South Korea's exports to China and the United States in the first 20 days of July were higher than the same period in June, the government said Sunday. Th...
|