 Drop in greenback lifts Wall StreetU.S. stocks nudged higher on Tuesday, with a gain in the Dow Jones of 33 points.
The euro strengthened as a deal with Greece on its bond debt looked increasingly closer.
U.S. investors, as with... | |
 Cameron unveils plans to upgrade apprenticeship programmesLONDON - Prime Minister David Cameron Tuesday unveiled plans to club apprenticeships with higher education to remove the poor class tag often attached to the vocational training programme.
"We... |
 Lloyds Banking Group restructuring plans to cull 900 more jobsLondon - Part-nationalised Lloyds Banking Group Tuesday announced plans to cut 900 jobs as part of wider plans unveiled last year to cull 15,000 posts across the company.
The banking group,... |
 JAL says first Dreamliner delivery will be delayedTOKYO - Japan Airlines (JAL) said Tuesday that delivery of first Dreamliner aircraft originally expected by February end would be delayed as Boeing was removing a technical glitch in some of the... |
 As Greece mulls a proposed crunch, unions strike in protest ATHENS - Unions in Greece went on strike against austerity measures Tuesday as Prime Minister Lucas Papademos tried hard to persuade leaders of his coalition government to accept the tough bailout... |
 Glencore, Xstrata sign giant $90 bn mergerNEW YORK Mining giant Xstrata and Glencore, the world's biggest commodity trader, have announced a $90 billion all-share merger to create the world's fourth largest natural resources company.... |
| Citigroup becomes first global bank to flood China with credit cards Citigroup (c) is set to become the first global bank to issue its own credit cards in China.
The financial giant said that Chinese banking regulators have given the company the go-ahead to begin... |
| Apple's iPhone business alone now bigger than whole of Microsoft Apple's iPhone business alone is now bigger than the whole of Microsoft, recent revenue figures have revealed.
The tech giant's popular smartphone division generated 24.4 billion dollars of revenue... |
| Wall Street holds gains, erasing early losses US stocks held steady in the green on Tuesday afternoon on growing confidence about the US job market and hope that Greece will reach a debt deal. The Dow Jones industrial average is on pace to... |
| Union angry over Alcoa review The union representing workers at Alcoa's Point Henry aluminium smelter in Victoria says it is angry with the company's decision to put 600 jobs at risk.Alcoa said on Wednesday it would... |
| Wal-Mart Labels Some Food as Great for You' In case you can't tell which foods at Wal-Mart are healthful, the world's largest retailer will make it obvious right on the package with a "Great For You" label. Wal-Mart, which... |
| Disney earnings miss Street expectations DIS-N reported a quarterly revenue increase that fell short of Wall Street expectations as media networks and theme parks gained, but revenue at its movie studio declined.Disney shares fell 1.8 per... |
| Hedge fund sues Petters' former law firm The role of the Minneapolis law firm Fredrikson & Byron in the business affairs of convicted businessman Tom Petters is under scrutiny. A lawsuit filed in U.S. District Court in Minneapolis... |
| Stocks rise as Greece nears deal on budget NEW YORK - U.S. stocks rose Tuesday, sending the Dow industrials to their highest close since 2008, as Greece reportedly neared accord on budget cuts, job openings rose in America and the Federal... |
| Oil giant BP reports strong profits and raises dividend HOUSTON - Less than two years ago, the British oil company BP was worried about its very survival as a seemingly unstoppable oil spill in the Gulf of Mexico threatened to destroy its finances and... |
| Earnings jump 33% at Buffalo Wild Wings Buffalo Wild Wings Inc. on Wednesday posted a 33 percent increase in fourth-quarter earnings, blowing past Wall Street's profit and sales expectations and assuaging fears about a spike in... |
| Alexander: Yahoo mail not to blame for Web problems QI'm having trouble when I go from my Yahoo e-mail to other websites using Internet Explorer 9. For example, when I accessed a Publishers Clearinghouse website, the screen broke into three... |
| Social media flexing muscle in Congress SAN JOSE, CALIF. - On the Internet, Google Inc. and Facebook Inc. have both become superpowers. But until recently, they have often looked more like 90-pound weaklings in Washington, D.C. That is... |
| Asia stocks up following surge on Wall Street BANGKOK -; Asian stock markets followed Wall Street higher on Wednesday as Greece appeared close to a deal with creditors to cut its massive debts and avoid a chaotic bankruptcy. Japan's... |
| Woman charged in real estate scam SOUTH COUNTY -; A 45-year-old woman pleaded not guilty Tuesday to 61 charges in what prosecutors said was a massive real estate scam centered in the South Bay.Dianne "Harmony" Brown was... |
| State clears San Diego redevelopment projects The future of San Diego's skyline -- and neighborhoods -- depends in part on how $6.5 billion in leftover redevelopment plans are acceptable to the state. - Eduardo... |
| ViaSat files lawsuit against satellite builder Next ViaSat of Carlsbad has filed a federal lawsuit against the builder of its new $400 million high-capacity Internet satellite for breach of confidentially agreements and patent infringement.The... |
| Illumina's board says no to Roche takeover San Diego's Illumina rejected Roche's $5.7 billion takeover offer on Tuesday, calling it "grossly inadequate." The decision by gene mapping company's board of directors was... |
| Coinstar, Guess, Walgreen are market movers NEW YORK -; Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE McClatchy Co., up 48 cents at $2.72 The publisher of the... |
| Disney 1Q revenue misses estimates but profits up In this Feb. 6, 2012 photo, The Disney Soda Fountain & Studio Store marquee is seen on Hollywood Boulevard in Los Angeles. Walt Disney Co. releases quarterly financial earnings Tuesday, Feb. 7,... |
| Summary Box: Jobs flow from mobile, Facebook apps CAREER OPPORTUNITY: All those apps being made for smartphones, computer tablets and Facebook's online social network are helping the U.S. economy lower its unemployment rate. A study released... |
| San Diego MLS fights for Zillow, Trulia exposure A debate over listing data continues between real estate brokers and websites like Zillow and Trulia as the San Diego region's Multiple Listing Service seeks to control content to outside... |
| Disney profit rises 12% on ESPN, theme parks BURBANK, Calif. -- Walt Disney Co. said Tuesday that its fiscal first-quarter profit rose 12 percent due to higher fees paid to its ESPN cable network and improved results at its US theme parks and... |
| Yahoo to restructure board of directors SUNNYVALE, Calif. -- Yahoo Inc. announced Tuesday that Chairman Roy Bostock and three other directors will not seek re-election to the company's board.In a statement, Yahoo said Bostock, Vyomesh... |
| Stocks to Watch: Stocks to watch Wednesday: Disney, Wyndham CHICAGO (MarketWatch) -- Among the stocks that could see active trade in Wednesday's session are CVS Caremark, Time-Warner and Wyndham... |
| Tech Stocks: NCR, AMD lead techs higher SAN FRANCISCO (MarketWatch) -- Shares of NCR Corp. and Advanced Micro Devices were up sharply on Tuesday leading the tech sector to modest... |
| Team Health Holdings reports stronger 4Q earnings The company's year-end earnings totalled $65.5 million compared to $6.8 million in 2010. Year-end revenues also increased to $1.75 billion, up from $1.52 billion the previous... |
| Disney Earnings Rise 12 Percent Disney has started off the year strongly. The biggest U.S. entertainment conglomerate on Tuesday reported a 12 percent rise in first-quarter earnings thanks to strong demand at its theme parks... |
| Hundreds more jobs set to go at Lloyds and Clydesdale Hundreds more banking jobs could be at risk after National Australia Bank (NAB) said it was taking a much more pessimistic view of the UK economy and was launching a strategic review of its wholly... |
| Temenos and Misys close to merger Misys said on Tuesday they have agreed on several key terms on a possible all-share merger that could create one of the world's largest standalone financial software companies.Under the... |
| Apple working on ARM port for Mac OS X: will Macbook Airs see it first? A paper by a Dutch intern reveals that in 2010 it took just 12 weeks to get Mac OSX's kernel ported from Intel to ARM as part of a 'larger project'. Like Microsoft and Windows 8, there... |
| Nervous GlaxoSmith-Kline pulls cash out of eurozone to avoid crisis GlaxoSmithKline has been pulling cash out of some eurozone countries in case the debt crisis takes a turn for the worse.Speaking at the drugmaker's annual results presentation in London, the... |
| Glencore and Xstrata's chief executives' links go back to university days Glencore was "Everest". The name was apt - both Sir John Bond, the chairman of Xstrata, and Simon Murray, the chairman of Glencore, are keen mountaineers.Bond's daughter Annabelle is... |
| Index of global shipping, Baltic Dry falls to a 25-year-low global economy . David Blanchflower was a big fan, and used to cite the Baltic Dry when he was trying, unsuccessfully, to persuade his fellow members of the Bank of England's monetary policy... |
| Kipper Williams: Glencore merger: Xstrata shareholders to oppose deal Glencore merger: Xstrata shareholders oppose deal Standard Life and Schroders come out against the $90bn mega-merger, saying it undervalues mining group... |
| Greece Talks, Earnings Will Keep Markets on Edge The slow progress in Greece's debt talks will hang over markets Wednesday, as investors also watch one of the last big blasts of the quarter's earnings... |
| Romney Battles Santorum, Paul in Colorado, Minnesota Ron Paul on Tuesday in political caucuses in Minnesota and Colorado, hoping to extend his winning streak in the race for the presidential... |
| Gold Strength to Continue; Next Target $1,880: Charts The gold price has been historically influenced by three main factors - currency hedging, jewelry demand and central bank activity. To these factors we add a fourth - the activity of Exchange Traded... |
| Qantas Grounds an Airbus A380 Due to Cracks said on Wednesday it had grounded one its flagship Airbus A380 aircraft for up to a week after engineers found dozens of cracks in its wings during detailed inspections following a flight hit by... |
| China Buys Up Saudi, Russian Oil to Squeeze Iran China is scouring the world for alternative oil supplies to replace a fall in its imports from Iran, as it seeks to negotiate lower prices from Tehran, and has been drawing heavily on Saudi... |
| Nouriel Roubini Is Bullish on Stocks—for Now Steve Grasso to completely re-think positions.And from what we're hearing - Grasso is hardly alone - a major market skeptic is changing his tune. The perennially negative Nouriel Roubini -... |
| Does More Consumer Credit Mean No Payroll Tax Cut? Consumer borrowing in the U.S. rose by far more than forecast in December--which may mean that the Fed will hold off any further quantitative easing for the time being. Consumer credit rose by $19.3... |
| Disney Earnings Beat Forecast but Revenue Misses ] delivered fiscal first-quarter earnings excluding items of 80 cents per share, up from 68 cents a share in the year-earlier period. Revenue was... |
| Caesar’s Scaled Back IPO Prices At $9.00 a Share It's a road to IPO that has been anything but smooth for the Nevada-based Casino operator. The company was originally expected to price the deal Monday night, but... |
