GM expects to repay $1 billion loan to Treasury: report
General Motors Co expects to repay $1 billion to the U.S. Treasury on Wednesday, attempting to settle the loan with the government ahead of schedule, the Wall Street Journal said, citing a person familiar with the plan.
UBS cuts 200 jobs in its U.S. brokerage unit: source
Swiss banking giant UBS AG has slashed about 200 jobs in its U.S. brokerage unit, a source told Reuters.
Study: Workplace makes People Fat
In their study they found that 72 to 75 percent of the employees were overweight or obese. Most of the study volunteers were middle-aged, white, married, highly educated (college degree or more), relatively well-paid (earning more than $60,000 a year), with an average of almost 22 years at the company.
New study: Breast Cancer Survivors can have Babies
In a meta-analysis of 14 trials, presented today (Friday) at the seventh European Breast Cancer Conference, researchers from Belgium and Italy found that, not only was pregnancy safe for breast cancer survivors, but, in fact, it could improve their chances of survival.
RPT ECB's Trichet says euro solution for Greece workable
The financial aid mechanism for Greece agreed by euro zone leaders on Thursday is workable but unlikely ever to be activated, European Central Bank President Jean-Claude Trichet said.
White House to announce housing aid Friday: sources
The White House plans to announce on Friday that it will require lenders to lower the mortgage payments of some unemployed workers and encourage lenders to eliminate some principal debt of homeowners who owe more than their home is worth, sources familiar with the plan said on Thursday.
'A-maize-ing' discovery could lead to higher corn yields for food, feed and fuel
Scientists may have made an a-maize-ing discovery that could lead to higher corn yields in the United States.
Justin Bieber seen topping next Billboard 200
LOS ANGELES - On next week's Billboard 200 album chart, look for Justin Bieber to claim his first No. 1, as My World 2.0 is on track to open atop the list.
China yuan decision hinges on jobs -c.bank adviser
China could move again to greater flexibility in its currency regime but needs to take domestic factors such as employment into account when deciding whether to do so, a central bank adviser said in remarks published on Friday. In an op-ed article titled Toying with yuan won't help us, Fan Gang, the only academic member of the People's Bank of China's monetary policy committee, wrote that a rise in the currency itself was not a solution for U.S. economic problems, including employment.
Euro edges up on Greece aid plan but markets wary
The euro inched up from a 10-month low on Friday and Treasury yields slipped after euro zone leaders and the IMF agreed to provide a joint financial safety net for debt-laden Greece.
Democrats aim at GOP split on financial reform
Democratic lawmakers dug in again on Thursday to break off just enough support from Republicans to keep an overhaul of the U.S. financial system moving in the Senate.
Matters of the Heart for Bullies
Bullying is common in classrooms around the world: About 15 percent of children are victimized, leading to depression, anxiety, loneliness, and other negative outcomes. What's driving bullies to behave the way they do?
Future Tires made from sugar?
Motorists will be driving on the world's first green tires within the next five years, scientists predicted here today, thanks to a revolutionary new technology that produces a key tire ingredient from renewable feedstocks rather than petroleum-derived feedstocks.
Role of Parents on Teenagers’ Materialism
Today's adolescents have been characterized as the most materialistic generation in history: a brand-oriented and consumer-involved group who derive self-worth from owning luxury handbags and the latest technology devices.
Oracle sees software sales up
Oracle Corp issued its strongest sales forecast in more than a year as a rebound in corporate technology spending boosted demand for its computer programs.
Europe agrees on Greek safety net with IMF role
Euro zone leaders agreed on Thursday to create a joint financial safety net with the IMF to help debt-ridden Greece and to try to restore confidence in their common currency after weeks of wrangling.
Democrats hammer at GOP divide on financial reform
The next phase of the financial reform debate opened on Thursday in Congress as Democrats worked to divide Republicans and break off just enough support to get a bill moving in the Senate.
Euro zone backs Greek safety net with IMF role
Euro zone leaders agreed on a joint European-IMF financial safety net for debt-stricken Greece on Thursday after weeks of wrangling, hoping to restore confidence in their common currency.
Oracle software sales up; investors eye Sun
Oracle Corp reported a higher-than-expected 13 percent jump in new software sales as a rebound in corporate technology spending boosted sales of its business computer programs.
Daily Forecast - 26/3/2010
The Aussie dollar clawed back some of its losses in Asia yesterday climbing back above 91 cents as commodity prices steadied and the RBA painted a positive picture of the Australian economy.
Fed's balance sheet rises to record in latest week
The U.S. Federal Reserve's balance sheet rose to a record high in the latest week, surpassing the previous week's record level, Fed data released on Thursday showed.
Key lawmaker backs FCC's spectrum plan
A key U.S. lawmaker expressed support on Thursday for a proposal by communications regulators to give auction proceeds to broadcasters as an incentive to give up some airwaves highly sought by wireless broadband providers.
Oracle profit rises, lifted by new software sales
Oracle Corp , the world's No. 2 business software maker, slightly beat Wall Street forecasts for its third-quarter profit as bigger spending on corporate information technology lifted sales of its computer programs.
Treasury planning Citi stake sale: Bloomberg
The Treasury could unveil a preset trading plan next month for the sale of its 27 percent stake in Citigroup Inc , Bloomberg said on Thursday, citing people with direct knowledge of the matter.
$10.5 million U.S. media project aimed at local news gap
The U.S. Corporation for Public Broadcasting launched a $10.5 million project on Thursday to increase regional reporting, filling a growing gap due to cutbacks in the news industry where profits have tumbled.
British parties imitate Obama in e-election
U.S. President Barack Obama's use of the Web on his way to the White House in 2008 has inspired British political parties to ramp up their digital campaigns for a general election expected in May.
Wall Street finishes flat after auction, debt concerns
U.S. stocks ended flat on Thursday, dropping off earlier highs as a weak U.S. bond auction and global debt concerns continued to weigh on investor sentiment.
Toyota warned dealers of crash risk in 2007
When Toyota Motor Corp concluded that seemingly harmless floormats posed a danger in all of its cars and trucks, the automaker sent a stark warning intended to prevent crashes.
SEC says Daimler made $56 million in bribe payments
Car and truck manufacturer Daimler AG allegedly earned $1.9 billion in revenue and at least $91.4 million in illegal profits from transactions tainted by bribes, according to the U.S. Securities and Exchange Commission.
Jayant Patel Trial: Patient Mervyn Morris received 24/7 care
A patient allegedly killed by Dr Jayant Patel received round-the-clock continuous care following an operation at the Bundaberg Base hospital, a court has heard.