Business Headlines Breaking Business News latest RSS headlines - Big News Network.com U.S. stocks make modest gains U.S. stocks made narrow advances Tuesday, as traders remained cautious on the economy. (Tue, 09 Mar 2010 11:28:11 -0500) UN says world food supplies are unbalanced The head of the UN Food and Agriculture Organisation has warned another food price crisis might happen if record high energy prices, growing demand for bio-fuels and low grain reserves force up price benchmarks. (Tue, 09 Mar 2010 03:12:15 -0500) Indian fuel prices receive protests The main opposition Bharatiya Janata Party in india has protested over a hike in fuel prices. (Tue, 09 Mar 2010 03:08:37 -0500) London houses sell well in Henry Higgins territory Land Registry sale price statistics have shown that exclusive houses in England and Wales are still maintaining their high prices. (Tue, 09 Mar 2010 03:15:43 -0500) Federal Reserve preparing public for rates rise Economists in Washington have suggested the Federal Reserve will soon raise benchmark interest rates. (Mon, 08 Mar 2010 19:07:48 -0500) Toyota chief sees US sales getting back to normal The market for Toyota cars in North America is expected to recover in March, according to the head of the company, Akio Toyoda. (Mon, 08 Mar 2010 19:17:47 -0500) One hundred dollar bill revamped The US has redesigned its hundred dollar bill to feature special security measures. (Mon, 08 Mar 2010 19:13:46 -0500) Qatar Airways increasing fleet numbers Qatar Airways has doubled its fleet size over the past five years. (Mon, 08 Mar 2010 19:05:17 -0500) Google wants users to change to Internet Explorer 8 Google has warned that anyone not using Internet Explorer 8 will soon lose service through the company. (Mon, 08 Mar 2010 19:02:54 -0500) Using Twitter for work, not diversion A common reason given by those who have yet to try Twitter: "I have nothing to say." The truth is, you don't have to post a message to get the most out of Twitter. At its best, the social ... (Tue, 09 Mar 2010 17:10:08 -0500) Identity theft fraud suspect pleads guilty The wife of a suspected ringleader in a mammoth Twin Cities identity fraud organization pleaded guilty Tuesday in St. Paul to conspiracy to defraud Capital One Bank by using counterfeit credit cards t... (Tue, 09 Mar 2010 17:10:05 -0500) Goodyear chief executive gets 2009 compensation valued at $14 million, up 40 percent from 2008 NEW YORK - An Associated Press analysis shows that Goodyear Tire & Rubber Co.'s chairman and outgoing chief executive received a pay package valued at $14 million in 2009, a 40 percent increase from ... (Tue, 09 Mar 2010 17:10:04 -0500) EU urges US to join in action against speculators By AOIFE WHITEAP BUSINESS WRITER BRUSSELS -- European officials urged the U.S. to join in a crackdown on speculators who bet against Europe's currency union, warning they might ban some credit defa... (Tue, 09 Mar 2010 17:08:38 -0500) Trade deficit soars to four-year high Hopes that the cheaper pound will power the UK to an export-led economic renaissance suffered a blow with news that the trade gap widened sharply in January.With sterling around 25% weaker than before... (Tue, 09 Mar 2010 16:56:58 -0500) Even masters of the universe have money problems Private equity is struggling to float businesses on the stock market, as New Look, Travelport and Merlin Entertainments can testify. Now it looks as if the masters of the universe, circa 2003-2007, ca... (Tue, 09 Mar 2010 16:56:56 -0500) Carolyn McCall introduces the 'power of 10' Guardian Media Group launches sustainability vision Owner of Guardian and Observer to tackle 10 issues ranging from environmental management and ethical procurement to employee and community engagem... (Tue, 09 Mar 2010 16:56:51 -0500) GMG's 2015 vision and strategy • All businesses report to their board on sustainability progress against all parts of the GMG 2015 sustainability vision once a quarter and have a board member identified as sustainability champion... (Tue, 09 Mar 2010 16:56:48 -0500) Microsoft skips patch for PowerPoint add-on Computerworld - Microsoft fixed eight flaws in Windows and Office today, but passed on patching one Windows component because it cannot be automatically updated. The eight bugs patched today were far ... (Tue, 09 Mar 2010 16:52:04 -0500) Tanker ‘Soap Opera’ May Not Be Over March 9 (Bloomberg) -- Northrop Grumman Corp.’s decision to forgo bidding on the U.S. Air Force’s $35 billion refueling tanker program, leaving Boeing Co. without a competitor, may not mar... (Tue, 09 Mar 2010 16:50:43 -0500) Cadillac Distances Itself From GM March 9 (Bloomberg) -- Cadillac, the luxury brand General Motors Co. acquired in 1909, is distancing itself from the Detroit-based automaker to avoid the stigma of the parent company’s $50 billi... (Tue, 09 Mar 2010 16:50:42 -0500) Jihad Jane Indicted in Pennsylvania for Murder Plot March 9 (Bloomberg) -- A Pennsylvania woman who used the alias Jihad Jane plotted to recruit jihadist fighters and conspired to commit murders overseas, according to an indictment unsealed in Philadel... (Tue, 09 Mar 2010 16:50:42 -0500) Kroger 4Q earnings summary SALES UP, PROFITS DOWN: Cincinnati-based Kroger Co. says fourth-quarter profits fell 27 percent, even as sales rose 7 percent in a tough competitive and pricing environment. (Tue, 09 Mar 2010 16:49:06 -0500) Kroger 4Q earnings at glance Cincinnati-based Kroger Co. reported fourth quarter and annual earnings Tuesday: THE QUARTER: Net income was $255.4 million, or 39 cents per share, down from $349.2 million or 53 cents, a year ago. S... (Tue, 09 Mar 2010 16:48:41 -0500) Microsoft researcher Chuck Thacker wins Turing award Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times technology reporter Sharon Chan. (Tue, 09 Mar 2010 16:47:49 -0500) Wall Street rises on anniversary of bear market low It is one year today since US stocks fell to their lowest level in more than 12 years, amid Wall Street's worst point in the global financial crisis. Since then, the S&P 500 Index has rallied by 68 p... (Tue, 09 Mar 2010 16:47:15 -0500) Samsung, Panasonic start selling 3-D TVs this week NEW YORK: Samsung and Panasonic will start selling 3-D TVs in US stores this week, inaugurating what TV makers hope is the era of 3-D viewing in the living room. Samsung Electronics Co. announce... (Tue, 09 Mar 2010 16:46:15 -0500) When jobless benefits turn to welfare But complaints that extending unemployment payments discourages job-seeking have begun to bubble into the political debate. Sen. Jim Bunning (R-Ky.) recently single-handedly held up the latest extensi... (Tue, 09 Mar 2010 16:43:20 -0500) How to stop your car when the throttle is stuck March 9: A driver says his Toyota suddenly accelerated to 90 mph, taking him on a terrifying 30-mile ride on a San Diego County freeway. With the help of a California Highway Patrol officer, the driv... (Tue, 09 Mar 2010 16:43:19 -0500) TSX struggles despite better Scotiabank earnings The Toronto Stock Exchange saw its second straight day of losses Tuesday as commodity prices fell slightly and better-than-expected earnings from Bank of Nova Scotia weren't enough to spark investor i... (Tue, 09 Mar 2010 16:39:25 -0500) TSX struggles despite better Scotiabank earnings The Toronto Stock Exchange saw its second straight day of losses Tuesday as commodity prices fell slightly and better-than-expected earnings from Bank of Nova Scotia weren't enough to spark investor i... (Tue, 09 Mar 2010 16:39:23 -0500) 'UK's Stormy Finances Have A Bright Future' download Flash from the Adobe download website. Speaking on Jeff Randall Live, Monetary Policy Committee member Dr Adam Posen said the UK's spiralling debt problem will be solved no matter whic... (Tue, 09 Mar 2010 16:37:39 -0500) Microsoft warns of zero-day IE hole on Patch Tuesday Microsoft's Adrian Stone and Jerry Bryant explain the security bulletins in a video on the Microsoft Security Response Center blog. (Credit:Microsoft) (Tue, 09 Mar 2010 16:36:18 -0500) Microsoft tweaks browser ballot code browser ballot page to give European users a choice of browsers to install. But the company was criticized for using sloppy code that didn't adequately randomize the order in which each browser's icon... (Tue, 09 Mar 2010 16:36:12 -0500) World stock markets return from the brink in two phases On Monday, it was exactly one year. World stock markets closed at their low for the crisis exactly 12 months ago. The rally that then started is still intact. The FTSE All-World index is up 75 per ce... (Tue, 09 Mar 2010 16:35:42 -0500) Steel Dynamics See 1Q Earnings Below Estimates STLD ) predicted earnings in the first quarter could fall short of analysts expectations, but said the company expects strong order entry and price improvements in the quarter. For the quarter, the... (Tue, 09 Mar 2010 16:29:03 -0500) U.S. Stocks Reconsider Gains In Low Volume NEW YORK -- U.S. stocks erased the bulk of their gains Tuesday to turn nearly neutral late in the session. "On the one-year anniversary of the bear market lows, investors certainly seem to be in a be... (Tue, 09 Mar 2010 16:29:00 -0500) GMAC Chief Financial Officer To Leave for Private Equity Firm GMAC Financial Services chief financial officer Robert Hull plans to leave the company at the end of the month. Hull, who joined GMAC in 2007, will join Providence Equity Partners as chief financial ... (Tue, 09 Mar 2010 16:28:58 -0500) Quarterly Unit Revenue Growth Could Hit 7.5% NEW YORK -- American Airlines parent company AMR Corp. said Tuesday its first-quarter passenger unit revenue is expected to climb between 6.5% to 7.5% versus the year-ago period. For the year, capaci... (Tue, 09 Mar 2010 16:28:55 -0500) Airline On-Time Performance On the Rise in January U.S. airlines recorded a 78.7% on-time rate in January, topping the rate from the same month a year ago. The rate was also more than 6 percentage points higher than December's on-time rate of 72 perc... (Tue, 09 Mar 2010 16:28:53 -0500) Oil Falls 0.5% To $81.49 As Dollar Ticks Higher SAN FRANCISCO -- Oil futures closed slightly lower Tuesday, pulled down by a rise in the U.S. dollar and after the most active contract had topped $82 barrel in the prior session. Oil for April deliv... (Tue, 09 Mar 2010 16:28:51 -0500) Sachs calls for Robin Hood tax on 'smirking' Wall Street Aids orphans sing and dance at a ceremony for World Aids Day in Katlehong, South Africa. A Robin Hood tax could make good promises on aid to Africa, says Jeffrey Sachs. Photograph: Kim Ludbrook/EPA ... (Tue, 09 Mar 2010 16:28:50 -0500) Bove Upbeat on Citigroup's Turnaround Plans C ) stock jumping to a four-month high Tuesday reflects, in part, the growing realization that the bank is in the midst of a turnaround and a transformation to its pre-Sandy Weill days. The bullish... (Tue, 09 Mar 2010 16:28:48 -0500) Navistar Partners with GE Capital in U.S. NAV ) will join forces with GE Capital for all retail financing needs, the company announced Tuesday. GE Capital will provide financing and support for sales of Navistar trucks and school buses in t... (Tue, 09 Mar 2010 16:28:43 -0500) II-VI Withdraws Takeover Bid for Zygo ZIGO ). The bid for $169.4 million, or $10 per share, was offered approximately one month ago, when Zygo rejected it. II-VI CEO Francis J. Kramer said the company retracted its bid due to lack of co... (Tue, 09 Mar 2010 16:28:40 -0500) Yahoo on Microsoft Deal Benefits for Advertisers, Consumers, Publishers Buzz This Yahoo's line of thinking with regards to the big Microsoft/Yahoo search and advertising deal is that it will benefit both Microsoft and Yahoo's advertisers, as well as consumers and publishe... (Tue, 09 Mar 2010 16:28:37 -0500) Cable group ask U.S. FCC to end fee disputes (Reuters) - A coalition of cable, satellite and telephone companies will this week call on the U.S. Federal Communications Commission to create a new process to resolve increasingly bitter disputes ov... (Tue, 09 Mar 2010 16:27:29 -0500) Toyota seeks to block executive testimony in suit The appeal was filed late Monday after a Flint, Michigan area judge denied a motion to keep the two executives, Toyota Motor North America President Yoshi Inaba and Jim Lentz, head of U.S. sales for T... (Tue, 09 Mar 2010 16:27:29 -0500) Toyota plans Prius recall over floor mats reports. But the recall hasn't been issued because Toyota "hasn't developed the remedy yet," Toyota spokesman Brian Lyons told the Journal. The news comes the day after a highly pu... (Tue, 09 Mar 2010 16:26:57 -0500) Freed fiery litigator warns of new fraud wave SAN FRANCISCO - His debt to society finally paid in full, William Lerach, the fiery shareholder litigator who exposed the excesses of Enron before running afoul of the law himself, warned of another w... (Tue, 09 Mar 2010 16:26:55 -0500) Jobless aid, tax breaks clear hurdle in U.S. Senate The 66 to 34 vote allows the Senate to move toward a final vote for the bill, part of what Democrats call a “jobs agenda” to bring down the country’s 9.7% unemployment rate before November ... (Tue, 09 Mar 2010 16:26:53 -0500) Citigroup shares surge 8% on Fairholme interview NEW YORK -- Citigroup Inc stock surged as much as 8.4% on Tuesday after a prominent fund manager said the bank's shares were underpriced. In an interview with Fortune, Fairholme fund manager Bruce Be... (Tue, 09 Mar 2010 16:26:50 -0500) Minco Gold shares jump on gold discovery in China Shares of Minco Gold Corp jumped 33% percent on Tuesday, after the junior gold explorer reported discovery of a "significant gold zone" at one of its exploration properties in China. The company said... (Tue, 09 Mar 2010 16:26:47 -0500) Couche-Tard lifts dividend despite U.S. margin woes Convenience store operator Alimentation Couche-Tard Inc. has reported a 22.9% profit drop for its latest quarter as gross margins on the gasoline it sells at U.S. outlets ripped US$37-million from its... (Tue, 09 Mar 2010 16:26:45 -0500) Microsoft Seeks Browser Comeback with IE 9 Industry watchers say Microsoft's Internet Explorer 9 browser could help the software giant regain market share and get products in front of more customers. (Tue, 09 Mar 2010 16:26:37 -0500) Microsoft Warns of New IE Bug; Attacks Under Way Microsoft today warned of a critical vulnerability in Internet Explorer that is already being exploited by hackers, the second such admission in the last two months. (Tue, 09 Mar 2010 16:26:35 -0500) Microsoft warns of zero-day IE hole on Patch Tuesday (Credit: Microsoft ) Microsoft warned of a new vulnerability in Internet Explorer 6 and IE 7 that has been targeted in attacks, and released fixes for eight holes in Windows and Office as part of P... (Tue, 09 Mar 2010 16:26:32 -0500) TSX struggles despite better Scotiabank earnings The Toronto Stock Exchange saw its second straight day of losses Tuesday as commodity prices fell slightly and better-than-expected earnings from Bank of Nova Scotia weren't enough to spark investor i... (Tue, 09 Mar 2010 16:25:22 -0500) The 4 Biggest Lies in Real Estate Digital photos and video have been a godsend for real estate agents, homebuyers and sellers, enticing prospects to drool over images of Viking ranges, sparkling pools and lush lawns. Lately, agents ha... (Tue, 09 Mar 2010 16:25:02 -0500) Battle Lines Redrawn in Web Sales Tax War Tips for Safe Online Shopping (CNET) Jeremy Bray received an e-mail message this morning with an unwelcome surprise: Amazon.com told him it had canceled its affiliate program, which provides small pay... (Tue, 09 Mar 2010 16:25:00 -0500) A Year After Market Hit 12-year Low Dow's One-Year Gain CBS Moneywatch.com's Jill Schlesinger takes the pulse on Wall Street after last year's major market correction and offers tips for how to take perspective on investments. (Tue, 09 Mar 2010 16:24:56 -0500) Stimulus supports thousands of Kansas construction jobs, report finds The 50 ongoing or completed stimulus-financed highway construction projects in Kansas have supported 5,681 jobs that wouldn’t exist otherwise, a new report shows. Washington-based (Tue, 09 Mar 2010 16:24:07 -0500) Body Found in Mississippi River Is Missing Houston Exec. Douglas Schantz was fished out of the Mississippi River today, four days after surveillance video caught him stumbling up the narrow gangplank of a docked riverboat. (Tue, 09 Mar 2010 16:23:42 -0500) Gov't says Baby Slings Can Suffocate Infants The editor-in-chief of CoolMomPicks.com shares her favorite baby shower gifts. The U.S. government is preparing a safety warning about baby slings — those popular and fashionable infant carrier... (Tue, 09 Mar 2010 16:23:40 -0500) Company Kept Shipping Flavoring Even After Finding Salmonella, FDA Says the recall of two flavors of Pringles : Restaurant Cravers Cheeseburger and Family Faves Taco Night. Both products included hydrolyzed vegetable protein (HVP), an obscure but widely-used flavor-enhanc... (Tue, 09 Mar 2010 16:23:38 -0500) Whitman Defines Herself as the Un-Schwarzenegger Meg Whitman, who is running for governor of California, attends a meeting at the Union Pacific railroad offices in Oakland, Calif., Tuesday, March 9, 2010. (AP Photo/Paul Sakuma) (AP) Former eBay chi... (Tue, 09 Mar 2010 16:23:36 -0500) Casey's General Stores Fall After 3Q Results Miss Shares of Casey's General Stores fell Tuesday after the convenience store operator reported fiscal third-quarter results below analyst expectations. The company, based in Ankeny, Iowa, reported lat... (Tue, 09 Mar 2010 16:23:35 -0500) Reconciliation Bill Will Be Hard for GOP to Derail Senate Majority Leader Harry Reid of Nev. walks to the Senate floor on Capitol Hill in Washington, Tuesday, March 9, 2010, following the weekly caucus luncheons. (AP Photo/Harry Hamburg) (AP) Democra... (Tue, 09 Mar 2010 16:23:32 -0500) BA Gets Extension To Crunch Strike Talks Unions have agreed to extend a deadline for talks aimed at averting a British Airways cabin crew strike. Talks between Unite and the airline will continue to noon on Wednesday as the parties try to ... (Tue, 09 Mar 2010 16:07:13 -0500) Chevron Invites Bids For Welsh Refinery US oil giant Chevron has confirmed it is looking for a buyer for a Welsh refinery which employs 1,400 people. Chevron, which owns the Texaco filling stations brand, is allowing 24 months for the sal... (Tue, 09 Mar 2010 16:07:12 -0500) Npower Follows Rivals With Gas Price Cut Energy firm npower has followed three of its rivals by announcing a gas price cut of up to 7% in standard bills. From March 26, the supplier's two million residential gas customers will pay on avera... (Tue, 09 Mar 2010 16:07:12 -0500) New Yorkers Face 'Soda Tax' On Soft Drinks Politicians in New York are pushing for a 'soda tax' that could see 8p added to the cost of a can of fizzy drink. The tax would help curb obesity and recoup some of the billions of dollars the state... (Tue, 09 Mar 2010 16:07:10 -0500) Mobile Giant Vodafone To Cut 375 Jobs Mobile phone giant Vodafone is to cut 375 jobs across its business. The company said the job losses would primarily affect back office positions in a number of locations, including its headquarters ... (Tue, 09 Mar 2010 16:07:10 -0500) Shoppers Return After Deep Freeze Thaws Shoppers returned to the high street last month after the deep freeze of January kept customers away, figures show. Retail sales showed a 2.2% rise, but the British Retail Consortium (BRC) warned th... (Tue, 09 Mar 2010 16:07:09 -0500) Strike Wouldn't Derail Us The man in charge of Britain's rail system has told Sky News that Network Rail would be able to cope with a walkout by maintenance staff. Speaking on Jeff Randall Live, Network Rail chief executive ... (Tue, 09 Mar 2010 16:07:09 -0500) Fire And Ice Take Toll Cross-channel transport firm Eurotunnel has seen its profits collapse as a result of fire and extreme winter weather. The company, which operates the Channel Tunnel and runs vehicle shuttle services... (Tue, 09 Mar 2010 16:07:08 -0500) London Wheel Is Decade Old The London Eye - one of the UK's most iconic and popular tourist attractions - is celebrating its 10th birthday today. Since it was opened in March 2000, more than 36 million people have gone on the... (Tue, 09 Mar 2010 16:07:08 -0500) Global Med Technologies Reports Q4 and Year End Results March 9 /PRNewswire-FirstCall/ -- Global Med Technologies®, Inc. (OTC Bulletin Board: GLOB) ("Global Med" or the "Company"), an international e-Health, medical information technology company, today i... (Tue, 09 Mar 2010 16:02:30 -0500) Body of missing oil exec who vanished in New Orleans found in river, no foul play suspected NEW ORLEANS - Police in New Orleans say the body of a missing Texas oil executive has been pulled from the Mississippi River. Bob Young of the New Orleans police department says police believe Dougl... (Tue, 09 Mar 2010 15:25:01 -0500) Summary of Kroger Co.'s fourth-quarter earnings report SALES UP, PROFITS DOWN: Cincinnati-based Kroger Co. says fourth-quarter profits fell 27 percent, even as sales rose 7 percent in a tough competitive and pricing environment. BUILDING LOYALTY: Kroger'... (Tue, 09 Mar 2010 15:24:59 -0500) Wall Street Journal Names SOASTA a Top 50 Venture-Backed Company MOUNTAIN VIEW, CA--(Marketwire - March 9, 2010) - The Wall Street Journal today announced and included SOASTA in its list of the Top 50 venture-backed companies. The Next Big Thing ranking, based on p... (Tue, 09 Mar 2010 15:18:03 -0500) J.Crew, Collective Brands results set to arrive LOS ANGELES (MarketWatch) -- Apparel retailer J. Crew Group Inc. is forecast to swing to a quarterly profit and footwear retailer Collective Brands Inc. is likely to report a narrower loss, with each ... (Tue, 09 Mar 2010 15:16:20 -0500) Judge certifies class-action lawsuit against Microsoft Canada VANCOUVER, B.C. - A British Columbia judge has certified a class-action lawsuit against Microsoft that alleges the software giant engaged in anti-competitive behaviour that enabled it to charge higher... (Tue, 09 Mar 2010 15:03:26 -0500) CBS Producer Pleads Guilty in David Letterman Extortion Case March 9 (Bloomberg) -- CBS Corp. Producer Robert “Joe” Halderman pleaded guilty to second-degree larceny for trying to extort $2 million from David Letterman after he drafted a screenplay ... (Tue, 09 Mar 2010 15:03:18 -0500) Florida $650 Million Land Bond Faces Financial, Legal Challenge March 9 (Bloomberg) -- Florida’s plan to borrow $650 million to buy private land for Everglades restoration faces political and legal hurdles amid warnings that water managers can’t afford... (Tue, 09 Mar 2010 15:03:17 -0500) American Eagle to report 4Q earnings Wednesday American Eagle Outfitters (NYSE:AEO) is set to report its fourth-quarter and year-end earnings Wednesday, and Wall Street expects the teen clothing retailer to build on strong sales over the past few ... (Tue, 09 Mar 2010 15:03:09 -0500) Young adults anxious about future, finances WASHINGTON - Young adult Americans are financially anxious, worried that they cannot meet their educational, housing and health care needs, according to a new poll. (Tue, 09 Mar 2010 14:55:20 -0500) Revisiting the Face of 'Necessity Entrepreneurs' We profiled 26 such ventures one year ago . Over the past month, we reached out to all of them to find out how they've fared. Of 23 who responded, 15 are still pursuing their original businesses full-... (Tue, 09 Mar 2010 14:50:29 -0500) The Rebounders, One Year Later we profiled 26 ventures started by the newly unemployed. These entrepreneurs span industries ranging from programming to manufacturing to retail. Some saw the chance to chase ideas or passions they co... (Tue, 09 Mar 2010 14:50:27 -0500) Not a Consultant, an Interim Executive Interim executives fill managerial roles. To get the most out of them, companies must find the right match and acknowledge internal problems (Tue, 09 Mar 2010 14:50:26 -0500) AIG, Citigroup, Fannie Mae, Freddie Mac Shares Surge in U.S. March 9 (Bloomberg) -- American International Group Inc. surged, leading gains by financial companies bailed out by the U.S. government, on speculation the insurer will sell more assets after raising ... (Tue, 09 Mar 2010 14:50:22 -0500) Aer Lingus to make 670 job cuts Aer Lingus has announced plans to lay off 670 staff, including nearly a quarter of its cabin crew, as part of large-scale restructuring plans.The Irish Airline says it plans to save 97m euros (£... (Tue, 09 Mar 2010 14:50:01 -0500) Sony eyeing June launch of 3D TV Sony plans to launch new 3D television sets in Japan from 10 June.A 46-inch 3D screen will cost around 350,000 yen ($3,898; £2,608), 52% more expensive than a regular Sony flatscreen television.... (Tue, 09 Mar 2010 14:49:58 -0500) Naming of Philippine Street After Philip Morris Being Probed MANILA - The Department of Trade and Industry (DTI) has ordered an investigation into the decision of the Tanauan City council in Batangas Province to name a local street after the U.S. cigarette bran... (Tue, 09 Mar 2010 14:49:45 -0500) Citigroup is 'back in business,' CreditSights says +7.58% is "back from the brink and back in business," research firm CreditSights said in a report released late Monday evening. "Citi is still a work in progress," the research firm explained, but t... (Tue, 09 Mar 2010 14:42:46 -0500) U.S. Chamber To Run Anti-health-reform Ads SAN FRANCISCO -- A business coalition of trade groups representing the retail, construction and manufacturing industries announced on Tuesday a multimillion dollar TV ad campaign opposing the health-... (Tue, 09 Mar 2010 14:41:58 -0500) Retail Gasoline Prices Top $2.75 a Gallon NEW YORK -- Average U.S. retail gasoline prices edged up a penny to $2.76 a gallon on Tuesday, according to the AAA Daily Fuel Gauge Report. The price at the pump has risen by a nickel in the past we... (Tue, 09 Mar 2010 14:41:56 -0500) Bronco Drilling Narrows 4Q Loss; Shares Off On Revenue Decline BRNC ) narrowed its fourth-quarter loss, but plunging revenue sent the shares down 5% in Tuesday trading. For the quarter, the company reported a loss of $6.1 million, or 23 cents per share, compare... (Tue, 09 Mar 2010 14:41:53 -0500) U.S. Government May Soon Ease Out of Citi Stake The U.S. government, looking to unwind its investment in the banking system following the near-collapse of the financial system in 2008, is discussing plans to sell its massive stake in Citigroup ( (Tue, 09 Mar 2010 14:41:49 -0500) Treasury Sells $40 Bln In 3-year Debt At 1.437 % NEW YORK -- The Treasury Department sold $40 billion in 3-year notes on Tuesday at a yield of 1.437%, in the first of three big note and bond auctions this week. Bidders offered to buy 3.13 times the... (Tue, 09 Mar 2010 14:41:45 -0500) When refinancing, closing credit card accounts can cost you Dear Credit Score Report, I just started paying attention to the new credit card laws. I will be paying off my credit card balance very soon with my income tax refund, but I am concerned now because... (Tue, 09 Mar 2010 14:41:44 -0500)