April, 2010

Federal Reserve welcomes improving jobs …

By James Quinn, US Business EditorPublished: 10:57PM BST 28 Apr 2010 The Federal Reserve building in Washington The US Federal Reserve’s Open Markets committee chose to hold its base federal funds rate at a range of 0-0.25pc for the 12th meeting in a row. But in despite of holding its position, as economists had expected [...]

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Get Quote Symbol Lookup More Business Sources say Continental board weighs United deal 04.28.10 Stocks climb on earnings; Fed holds rate steady 04.28.10 Retired pastor from Diamond finds unusual diamond 04.28.10 Report: Afghans still skeptical of new government 04.28.10 About 18 months ago, three Silicon Valley professionals in their 60s wound up in the same [...]

Palm may be forced out of market it laun…

Get Quote Symbol Lookup More Business Mortgage holders seek relief at Wells' event 04.27.10 Court OKs women's bias suit against Wal-Mart 04.27.10 Ship traffic for Tuesday, April 27, 2010 04.27.10 GM repays federal loan with government money 04.27.10 Palm pioneered mobile computing and established the smart phone market, but as it struggles to survive in [...]

General Election 2010: IFS attacks Labou…

No party is ‘anywhere close’ to outlining cuts Labour has said least about where axe would fall Government blamed for not holding spending review Tory cuts would be worse since Second World War Lib Dem plans ‘misguided’ and ‘highly speculative’ Voters are being deceived over huge tax rises and spending cuts needed after the election, [...]

US Airways reports much narrower 1Q loss

Get Quote Symbol Lookup More Business Goldman execs defend conduct under Senate barage 04.27.10 Stocks pull back on Europe's deepening debt woes 04.27.10 Summary Box: Europe's debt woes send bonds higher 04.27.10 Use of costly scans is climbing in cancer patients 04.27.10 (04-27) 06:48 PDT MINNEAPOLIS, (AP) – US Airways Group Inc. reported a narrower [...]

Stephen Lonie joins the Rock

Stephen Lonie joins the Rock Building Society STEPHEN Lonie is the new chairman of Rock Building Society, two weeks after he abruptly departed as head of the board at Australia's oldest company, AAco. The Rock made the announcement this morning after finalising the appointment over the weekend, but made no mention of Lonie’s 10 months [...]

Court told of BA calls to fix fuel surch…

By Alistair Osborne, Business EditorPublished: 10:29PM BST 26 Apr 2010 Previous  of  Images Next Iain Burns, BA’s former communications chief, leaves Southwark Crown Court Martin George, BA’s former commercial director Iain Burns, BA’s former communications chief, was claimed to have called Paul Moore, Virgin’s former corporate affairs head, on August 6 2004 – three days before [...]

Ericsson’s profit and sales fall

Swedish telecoms equipment group Ericsson has reported a fall in first-quarter profit and sales. Its operating profit, excluding joint ventures and restructuring costs, was 4.5bn Swedish crowns ($625m: £407m) against 4.7bn crowns a year ago. Meanwhile, its first quarter sales were 45.1bn crowns, a drop of 9% from the year before. Boss Hans Vestberg said [...]

Nummi hot topic of East Bay delegation t…

Bottom Line Nummi hot topic of East Bay delegation to China 04.27.10 Probing Stanford alum’s role in Goldman crisis 04.25.10 Redwood Trust sells mortgage-backed securities 04.23.10 Big bucks pushing to ‘Stop Hidden Taxes’ 04.22.10 More Bottom Line » The Chinese are definitely coming – just not yet. Earlier this month, East Bay officials took a [...]

Craigslist in hot water over sex ads

By James Quinn, US Business EditorPublished: 6:33PM BST 26 Apr 2010 Richard Blumenthal, Connecticut’s attorney general, has written to the US-based internet company about the prevalence of prostitution adverts on its site. In a private letter, published in part by the New York Times, Mr Blumenthal wrote: “I believe Craigslist acted irresponsibly when it unilaterally [...]