January 27th, 2012 at 05:58pm Under business
Reuters - Texas financier Allen Stanford used lies and bribes to steal the hard-earned savings of his customers, prosecutors said on Tuesday.
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January 27th, 2012 at 05:58pm Under business
AP - President Barack Obama is courting Hispanics in politically important states, setting himself up as a champion of the crucial Latino voting bloc and as a foil to Republican candidates fighting for a share of support from the same groups.
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January 27th, 2012 at 05:35pm Under business
Reuters - U.S. stocks opened lower on Friday after data showed the U.S. economy grew less than expected in the fourth quarter, while weak earnings from Ford and Procter & Gamble and euro zone debt worries also weighed on the market.
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January 27th, 2012 at 05:30pm Under business
AP - Leading finance chiefs sought to reassure anxious global business leaders on Friday that Europe is on track to solve its crippling debt crisis before it drags the world’s economies down.
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January 27th, 2012 at 05:29pm Under business
Reuters - Eastman Chemical is buying specialty chemical maker Solutia Inc for about $3.38 billion in cash and stock to extend its reach in emerging markets, particularly the Asia-Pacific region.
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January 27th, 2012 at 05:23pm Under business
Reuters - Ford Motor Co reported a lower-than-expected fourth-quarter profit on Friday as commodity costs shot up and results from operations outside North America fell short of expectations.
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January 27th, 2012 at 05:19pm Under business
AP - Procter & Gamble Co.’s net income fell 49 percent in its fiscal second quarter, hobbled by higher materials costs and a writedown in the value of some of its businesses. P&G also lowered its earnings predictions for the year.
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January 27th, 2012 at 05:18pm Under business
Reuters - Chevron Corp reported lower quarterly earnings on Friday, missing Wall Street forecasts, as rising spending on oil and gas projects and losses at its U.S. refinery business offset gains from higher crude oil prices.
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January 27th, 2012 at 05:15pm Under business
Reuters - The U.S. economy grew at its fastest pace in 1-1/2 years in the fourth quarter of 2011, but a strong rebuilding of stocks by businesses and a slower pace of spending on capital goods hinted at softer growth early this year.
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January 27th, 2012 at 01:55pm Under world
Reuters - Several of Italy’s consumer groups signed an agreement with Costa Cruises to offer about 11,000 euros ($14,500) to each of the more than 3,000 passengers aboard the Costa Concordia when it hit a rock and capsized near the Italian island of Giglio on January 13, a statement from the consumer groups said.
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