- EU Want $12B/Yr Trade Sanction On US For Boeing
September 27 2012 9:27 AM
The European Union asked the World Trade Organization on Thursday for the right to impose annual trade sanctions worth up to $12 billion on the United States in retaliation for illegal subsidies to plane maker Boeing (NYSE: BA.N).
- Romney, Ryan Face Tough Road In Ohio
September 26 2012 7:35 AM
Facing a tough path to victory if they cannot win Ohio, Republicans Mitt Romney and Paul Ryan launched a two-day bus tour on Tuesday to try to boost their fortunes in a state that polls show could be slipping away from them.
- US Mortgage Applications Rose In Latest Week
September 26 2012 7:30 AM
Applications for U.S. home mortgages rose last week as interest rates dropped to record lows in the wake of the Federal Reserve's latest stimulus efforts, data from an industry group showed on Wednesday.
- Lehman To Pay Creditors Another $10.5 Billion
September 25 2012 1:32 PM
Lehman Brothers Holdings Inc on Tuesday said it will pay about $10.5 billion to creditors starting early next month, the second leg of a plan to eventually pay out more than $65 billion.
- US Home Prices Rose 0.4% In July - Less than Expected
September 25 2012 9:54 AM
U.S. single-family home prices rose for a sixth month in a row in July, though the improvement was not as strong as expected, a closely watched survey showed on Tuesday.
- Romney Losing Support Among Senior Citizens
September 24 2012 1:52 PM
Even before his running mate was booed by a lobbying group for older Americans on Friday, Republican presidential nominee Mitt Romney was losing support among such voters, whose backing is crucial to his hopes of winning the November 6 election.
- Romney's 2011 Tax Rate Was 14.1 Percent
September 21 2012 2:29 PM
Republican presidential candidate Mitt Romney paid $1.9 million in taxes in 2011 on income of more than $13 million, his campaign said on Friday in attempt to counter claims by Democrats that he has been secretive about his taxes.
- GM Recalls 474,000 Cars For Gear Shift Problem
September 21 2012 9:30 AM
General Motors Co is recalling 473,841 Chevrolet, Pontiac and Saturn sedans globally to fix a condition that could cause the cars to roll over when the drivers think they are in park gear, the No. 1 U.S. automaker said on Friday.
- Obama Leads Romney 48% To 43%: Poll
September 20 2012 4:00 PM
President Barack Obama maintains a lead of 5 percentage points over Republican Mitt Romney as he solidifies his advantage in the U.S. presidential race, according to a Reuters/Ipsos poll released on Thursday.
- US Jobless Claims Dip By 3,000 To 382,000
September 20 2012 8:58 AM
The number of Americans filing new claims for jobless benefits fell by 3,000 to 382,000 last week, unwinding some of the weather-related spike during the previous week
- Steve Sabol, Co-Creative Force Behind NFL Films, Dies At 69
September 18 2012 4:30 PM
Steve Sabol, who along with father Ed, revolutionized the promotion of sports with NFL Films, the marketing and filming operation of the National Football League, died Tuesday of cancer at age 69, the National Football League announced.
- US Treasury Resists GM Plan For Government Stake Sale: WSJ
September 17 2012 2:31 PM
The U.S. Treasury Department is unwilling to sell the government's stake in General Motors Co because a sale now would mean huge investment losses, the Wall Street Journal reported on Monday, citing people close to the matter.
- Occupy Wall Street Marks 1-Year Anniversary Monday With NYSE Protest
September 17 2012 9:33 AM
A few hundred Occupy Wall Street activists gathered in New York's financial district on Monday but police kept them well back from the New York Stock Exchange, which they had threatened to surround as part of a day of protests marking the movement's one-year anniversary.
- Occupy Wall Street - Passé Or Canary In A Coal Mine?
September 16 2012 11:32 AM
The Occupy Wall Street protest movement is expected to resume Monday, on the 1-year anniversary of the protests. Is the coalition passé and irrelevant? Or is it a canary in a coalmine - an indicator of worsening economic and social problems in the United States?
- City, Chicago Teachers Reach Tentative Deal To End Strike: Report
September 14 2012 4:46 PM
Striking teachers in Chicago have reached a tentative deal with the city to end a five-day strike, the Washington Post reported Friday.
- UTexas, North Dakota State U Evacuated Friday After Bomb Threats
September 14 2012 1:04 PM
The University of Texas at Austin and North Dakota State University ordered evacuations on Friday because of bomb threats, the schools said.
- Protesters Set US School On Fire in Tunis
September 14 2012 11:37 AM
Protestors have set fire to a U.S. school in Tunis, Reuters reported Friday.
- US Federal Reserve Sept. 13 Meeting Statement [Full Text]
September 13 2012 12:38 PM
In the statement, the Federal Reserve announced Thursday it will buy $40 billion per month of mortgage-backed securities, the start of the so-called third round of quantitative easing, QE3. The Fed also said it will continue 'Operation Twist,' bringing total securities purchased per month to $85 billion.
- Chesapeake Energy To Raise $6.9 Billion Via Asset Sales
September 12 2012 9:18 AM
Chesapeake Energy Corp said it will sell most of its Permian Basin properties to Royal Dutch Shell Plc and Chevron Corp and a majority of its pipeline assets to raise about $6.9 billion in cash.
- Egyptians Angry At Film Scale US Embassy Walls
September 11 2012 2:17 PM
Egyptian protesters scaled the walls of the U.S. embassy in Cairo on Tuesday and pulled down the American flag during a protest over what they said was a film being produced in the United States that insulted Prophet Mohammad, witnesses said.