IBT Staff Reporter

111961-111990 (out of 154953)

Chevron CFO says has no interest in small M&A

Chevron Corp, the second-largest U.S. oil company, would only seek mergers and acquisitions that add scale and fit strategically with the rest of the company, its chief financial officer said on Tuesday.

Retailers lead Wall Street decline

Retail stocks dragged Wall Street lower on Tuesday, a day after it reached a 13-month high, while gains in the U.S. dollar weakened commodity prices and stocks in the materials sector.

China studying plan to delay final climate deal

China on Monday distanced itself from proposals to delay a binding climate pact to 2010, but might be willing to sign up to a political deal at climate talks next month if it includes strong commitments from rich nations.

EU regulators urge U.S. to implement G20 measures

European regulators on Tuesday urged the United States and Europe to push through measures agreed by the G20 nations aimed at avoiding future financial crises, saying transatlantic relations were at risk if the effort flagged.

Target holiday results may disappoint, shares fall

Discount retailer Target Corp reported third-quarter results that beat Wall Street expectations but forecast a holiday quarter profit that could fall short of estimates, and its shares fell over 5 percent.

Climate deal must have immediate effect, Obama says

U.S. President Barack Obama said on Tuesday next month's climate talks in Copenhagen should cut a deal with immediate operational effect, even if its original aim of a legally binding pact is not achievable.

Obama orders task force to fight financial crime

President Barack Obama will issue an executive order on Tuesday creating an administration-wide task force to crack down on financial fraud following a rise in mortgage scams and high-profile Wall Street trading scandals, an administration official said.

Five Free Things to See in the United States

It has been said the best things in life are free-and there is nothing like a free admittance sign to bring out the miser in even the most discerning traveler. Yes, vacations cost money. Everyone from

NYSE member firms earnings hit record in first half

New York Stock Exchange member firms earned a record $35.7 billion for their broker-dealer operations in the first six months of this year, which is 1-1/2 times above the previous high-water mark set in 2000, the state comptroller said in a report on Tuesday.

France may inject up to $6 bln in high-tech, fibre

France might plough up to 4 billion euros ($6 billion) into high-technology projects through its national loan programme, with the largest chunk going to subsidise construction of high-speed broadband telecoms networks in smaller cities and rural areas, according to government sources.

Dillard's swings to profit in Q3

Dillard's Inc reported on Tuesday a quarterly profit from a year-ago loss, helped by a tax benefit and a move to slash inventory to counter weak consumer spending.

Wall Street profits revive, bank bonuses may jump

New York Stock Exchange member firms earned a record $35.7 billion for their broker-dealer operations in the first six months of this year, which is 1-1/2 times above the previous high-water mark set in 2000, the state comptroller said in a report on Tuesday.

Banks, policymakers spar over new rules

Big banks stepped up warnings on Tuesday that tightening capital rules too soon could stall economic recovery, but policymakers said the bailed out sector cannot rely on taxpayers again in future.

Target profit up, cautious on holiday

Target Corp reported a higher-than-expected quarterly profit on Tuesday, but remained cautious about the fourth quarter given a budding holiday season price war.

Pages