Business and Finance News
Petters appeals conviction in massive fraud case
Star Tribune
Attorneys for Tom Petters on Friday appealed the December conviction of the former Wayzata businessman, asserting that he was denied the ability to detail the deep criminal past of one of his then bus... Paperwork nightmare: A struggle to fix new law
Seattle Post-Intelligencer
By STEPHEN OHLEMACHERASSOCIATED PRESS WRITER WASHINGTON -- Talk about a paperwork nightmare: Tucked into the massive new health care law is a demand that nearly 40 million U.S. businesses file tax ... FAA downgrades Mexico's air safety rating
Seattle Post-Intelligencer
By JOAN LOWYASSOCIATED PRESS WRITER WASHINGTON -- Mexico's aviation safety rating was downgraded Friday due to concerns about the country's safety oversight, the Federal Aviation Administration sai... Wealthy Dallas brothers become SEC fraud target
Seattle Post-Intelligencer
FILE ** In this file photo of Sept. 2, 2008 Sam Wyly poses at his Explore book store in Aspen, Colo. Famed Dallas billionaire investors Sam and Charles Wyly made $550 million in undisclosed profits th... Berkshire succession plans point company east
MarketWatch
SAN FRANCISCO (MarketWatch) -- The search for successors to Berkshire Hathaway Chairman and Chief Executive Warren Buffett took a big leap forward Friday after The Wall Street Journal reported that Ch... Alcatel-Lucent Lights Up After Earnings
Forbes
Alcatel-Lucent reported that second quarter revenue increased 17.4% sequentially and decreased 2.4% year-over-year to Euro 3.813 billion. Net loss was Euro 184 million or a loss of Euro 0.08 per dilut... Alcatel-Lucent Lights Up After Earnings
Forbes
Alcatel-Lucent reported that second quarter revenue increased 17.4% sequentially and decreased 2.4% year-over-year to Euro 3.813 billion. Net loss was Euro 184 million or a loss of Euro 0.08 per dilut... US stocks little changed despite weak economic growth
Earth Times
economy grew at an annual rate of 2.4 per cent in the second quarter, a sharp slowdown from the 3.7-per-cent growth rate in the first three months of 2010 and worse than most economists expected.The r... Caterpillar picks NC for equipment plant, 500 jobs
The Seattle Times
Heavy-equipment manufacturer Caterpillar Inc. said Friday it will build a parts plant for large mining machines and it expects to employ about 510 full-time and contract workers in five years. 'There's urge to return to low-cost aviation'
Times Of India
There's very little that's official about Captain G R Gopinath, the former chairman of the erstwhile Air Deccan and also the pioneer of low-cost airline business in India. We hesitated to spell out... Ranbaxy boosts profit of Daiichi
Times Of India
TOKYO: Daiichi Sankyo's first-quarter recurring profit jumped nearly tenfold and kept its annual outlook, boosted by its Indian arm Ranbaxy. Daiichi posted an April-June recurring profit of 70.1 bi... BlackBerry to bring tablet PC to counter iPad
Times Of India
Research In Motion, maker of the BlackBerry smartphone, plans to introduce a tablet computer in November to compete with Apple Inc's iPad, according to two people familiar with the company's plans.... Time to scrap BP? Gas station owners divided
MSNBC
The BP logo is seen at a gas station in Washington. BP gas station owners across the country are divided over whether the oil giant should rebrand U.S. outlets as Amoco or another name to repair... Madonna's junior fashion line debuts next week
MSNBC
NEW YORK — The Material Girl is launching a new clothing line for juniors that will hit stores in the U.S. next week, just in time for back-to-school shopping. Madonna teamed up with her 13-y... Law creates paperwork fiasco for businesses
MSNBC
WASHINGTON — Talk about a paperwork nightmare: Tucked into the massive new health care law is a demand that nearly 40 million U.S. businesses file tax forms for every vendor that sells them more... Microsoft to challenge to Google-Yahoo Japan deal
CNet
Yahoo Japan's decision to swap it out for Google as main search partner? Yeah, not too happy about it. And it's going to do all that it can to thwart the deal. "We plan to present evidence to the Japa... Stocks slide on weak corporate earnings
Gulf News
Mumbai: India's benchmark stock index fell, completing its first weekly slide in four weeks, led by Hero Honda Motors Ltd. after its quarter earnings fell short of analysts' estimates. Hero Honda, th... NY Mets owner Wilpon sued over Madoff losses
Fox Business
By Jonathan Stempel NEW YORK (Reuters) - New York Mets principal owner Fred Wilpon was sued on Friday over alleged losses suffered by retirement plan participants at his firm Sterling Equities. ... U.S. nuclear front-runners begin to slow spending
Fox Business
By Eileen O'Grady HOUSTON, (Reuters) - Two companies leading the U.S. nuclear power revival may curb spending on the next generation of reactors due to delays in federal loan support, officials s... Disney Appoints New Head of ABC Entertainment
Fox Business
DIS ) announced Friday a replacement to take the reigns from Steven McPherson as president of the ABC Entertainment Group. Paul Lee, former head of ABC Family, will take the reigns from McPherson, wh...
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