IBT Staff Reporter

The Fourth of July fireworks show will come a few days early on Wall Street - but like a damp bottle-rocket, it may soon fizzle out.

Jun 29, 2006

Conventional wisdom holds that it's better to defer taxes as long as possible, but that's not always true. Sometimes you want to pay some taxes now, to avoid paying more later.

Jun 29, 2006

Food company General Mills Inc. on Thursday said quarterly profit fell 52 percent from a year earlier, when it recorded a big gain from selling some businesses, and forecast profit for the current fiscal year that was slightly below Wall Street forecasts.

Jun 29, 2006

Boeing Co. said on Thursday it will take up to $1.1 billion in charges to cover the costs of two delayed surveillance aircraft contracts and the previously announced settlement of U.S. government investigations into its defense unit.

Jun 29, 2006

Britain's FTSE 100 share index hit a 3-week high on Thursday, fired up by strong resources and bank stocks, although trading levels were modest ahead of a U.S. interest rate decision. Banks saw HSBC and Royal Bank of Scotland gain 1.1 percent, while Barclays put on 1.5 percent.

Jun 29, 2006

When it comes to business networking, you never know who people know. One of the important keys to being successful at building a powerful personal network is diversity.

Jun 28, 2006

Foreign investors are likely to return to Japanese stocks as companies begin to lift their earnings forecasts this summer, and could help boost the TOPIX index as much as 18 percent by the end of this year, Morgan Stanley's Japan equity strategist said on Wednesday.

Jun 28, 2006

The dollar edged higher across the board on Wednesday as investors awaited signals from the Federal Reserve on further interest rate hikes which may accompany a rise widely anticipated for later this week.

Jun 28, 2006

Financial markets stalled on Wednesday as uncertainty about when the Federal Reserve will end its monetary tightening campaign kept investors sidelined, while crude oil rose above $72 a barrel on worries about U.S. gasoline supplies.

Jun 28, 2006

The Nikkei fell 1.74 percent on Wednesday as tyre maker Bridgestone Corp. a day earlier cut its profit forecast citing higher raw material costs, pulling down its own shares and those of rivals and chemical makers.

Jun 28, 2006

Takeover action spurred UK stocks higher on Wednesday, with music group EMI surging after rejecting a bid from Warner Music and steelmaker Corus rising on talk of a possible offer from Russia's Severstal.

Jun 28, 2006

U.S. stock futures rose on Wednesday, suggesting a higher open on Wall Street before the start of the Federal Reserve's two-day policy meeting, with energy shares set to lead the way.

Jun 28, 2006

In a rush to build shops, offices and houses worthy of a thriving economy, a new elite is emerging in India - young men asked to turn plots of family land into a property business.

Jun 28, 2006

Investors in Asia's biggest property market, Japan, will need to be more selective and work harder on refurbishing buildings to make good returns as the cost of borrowing increases, fund managers say.

Jun 27, 2006

qGeneral Motors Corp. said on Monday that 35,000 workers - or almost a third of its hourly work force - had accepted payouts to retire and leave the company, topping expectations and putting the world's largest automaker two years ahead of schedule on planned job cuts.

Jun 27, 2006

Long-term care insurance isn't new anymore. Insurance companies are getting smarter about how to write their plans, and financial advisers are getting more savvy about how to choose them.

Jun 26, 2006

A tip off by Virgin Atlantic Airways triggered an investigation into alleged airfare price-fixing by British Airways after it passed on information to Britain's Office of Fair Trading (OFT) about its arch rival, an industry source said on Saturday.

Jun 25, 2006

Fed watchers are set to take over on Wall Street next week as a Federal Open Market Committee meeting could give stock investors more clues on the outlook for interest rates.

Jun 24, 2006

Anadarko Petroleum Corp.'s blockbuster $21 billion move on Friday to buy two sizeable U.S. oil and gas companies signals that a rush is on to grab energy assets, even with their lofty price tags.

Jun 24, 2006

An investor group led by Mexican broadcaster Televisa submitted a bid for Univision Communications Inc. on Friday, but a rival offer expired, casting new doubts on a closely watched auction for the largest U.S. Hispanic broadcaster.

Jun 23, 2006

U.S. Treasury debt prices slipped on Friday, dropping for the eighth straight day on expectations the Federal Reserve will raise interest rates next week and perhaps again in August.

Jun 23, 2006

Stock markets rallied on Thursday on hopes that strong earnings will continue with mining companies among the top gainers on the back of a jump in commodity prices.

Jun 22, 2006

Adobe Systems Inc. said on Wednesday Google Inc. had agreed to pay the multimedia software maker a significant amount to distribute the Web search leader's software.

Jun 22, 2006

Chrysler Group, a unit of DaimlerChrysler AG, will roll out a new program of discounted vehicle pricing in July in a move intended to clear an overhang of unsold 2006 models, the company said on Wednesday.

Jun 22, 2006

Britain's Office of Fair Trading (OFT) and the U.S. Department of Justice are investigating alleged cartel activity involving British Airways Plc (BA) and other airlines, BA said on Thursday.

Jun 22, 2006

The battle for the next generation of DVDs intensified on Tuesday as Sony Corp. released its first set of seven movies for the new Blu-ray Disc format to coincide with the sale of the first new player this week by Samsung.

Jun 21, 2006

Electronic Arts, the videogame developer and distributor, announced on Tuesday that it will buy Virginia-based Mythic Entertainment.

Jun 21, 2006

If recent stock market declines have you shopping for bargains, you may want to use an Internet-based screening tool to find them.

Jun 21, 2006

The world's second-largest food company, Kraft Foods Inc., said on Wednesday that large acquisitions would be difficult to make ahead of its full spin-off from majority owner Altria Group Inc.

Jun 21, 2006