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Updated: 5 min 36 sec ago

BP to Take Some, Not All, Blame in Report

Tue, 09/07/2010 - 11:44pm
BP's report on its investigation into the Deepwater Horizon disaster will apportion some of the blame to itself but also hold other companies responsible for the various decisions that led to the explosion.
Categories: Investment News

Web Privacy Start-Ups Struggle

Tue, 09/07/2010 - 11:20pm
New companies are popping up to help people browse the Internet and send messages anonymously, but will people pay for Web-privacy software?
Categories: Investment News

Bristol to Buy Biotech Company

Tue, 09/07/2010 - 11:01pm
Bristol-Myers Squibb Co. agreed to acquire biotechnology company ZymoGenetics Inc. for $735 million, in a move to strengthen its pipeline of drugs for hepatitis and other diseases.
Categories: Investment News

Stocks, Euro Hit by Bank Worries

Tue, 09/07/2010 - 10:40pm
Questions about the rigor of recently completed stress tests imposed on European banks dragged down global stock markets and drove up borrowing costs for several European nations.
Categories: Investment News

Indian Road Hits Unexpected Bump

Tue, 09/07/2010 - 10:31pm
India long has had trouble acquiring land to build the infrastructure and industries essential for continued rapid economic growth. Now its own ruling party is increasingly opposing developments.
Categories: Investment News

Facing the U.K.'s Problems with Exports

Tue, 09/07/2010 - 10:25pm
Despite a big depreciation in the pound over the past two years that should have made British-manufactured goods cheaper for foreign buyers, its exports haven't risen rapidly.
Categories: Investment News

Why Harrisburg Surrendered

Tue, 09/07/2010 - 10:23pm
Lay off police? Delay paying the light bill? The story behind Harrisburg, Pa.'s decision to default on its debt.
Categories: Investment News

Limited Benefit Seen in Tax Plan

Tue, 09/07/2010 - 9:50pm
Executives said proposed new tax breaks might accelerate some investment plans but many said they'd rather see income-tax cuts to spur consumption and a wider tax overhaul.
Categories: Investment News

Tea Party Favorite Unsettles Delaware GOP

Tue, 09/07/2010 - 9:06pm
In a year of GOP squabbles, few have been as ferocious as the clash over the Senate seat once held by Vice President Biden.
Categories: Investment News

Goldman in Bond Deal

Tue, 09/07/2010 - 8:33pm
Goldman Sachs Group is about to start selling municipal bonds directly to Mom and Pop.
Categories: Investment News

Gold Hits a New Peak

Tue, 09/07/2010 - 7:53pm
The Dow industrials fell 107.24 points, or 1%, to 10340.69, moving back into the red for the year, as banking worries from Europe put investors on the defensive.
Categories: Investment News

Cisco Settles Charges

Tue, 09/07/2010 - 7:20pm
The Justice Department said Cisco and Westcon Group North America agreed to pay $48 million to settle charges that the companies made misrepresentations during contract negotiations with the federal government.
Categories: Investment News

LCD-Panel Prices Falling

Tue, 09/07/2010 - 6:57pm
Signs of a sluggish back-to-school season for consumer electronics in the U.S. have hit prices of LCD panels, and some Asian makers of the components are forecasting continued weakness.
Categories: Investment News

EU Ministers Divided on Bank Tax

Tue, 09/07/2010 - 6:45pm
EU finance ministers remained divided after a debate on a bloc-wide bank levy and a fresh tax on financial transactions, indicating that neither measure is likely to materialize in the coming months.
Categories: Investment News

Eldorado Withdraws Bid

Tue, 09/07/2010 - 5:55pm
Eldorado Gold withdrew its competing bid for Andean Resources, saying it wouldn't top Goldcorp's offer of $3.48 billion.
Categories: Investment News

Judge Refuses to Stay Stem-Cell Ruling

Tue, 09/07/2010 - 5:18pm
A federal judge refused to stay his ruling that blocked the federal government from funding human embryonic stem-cell research.
Categories: Investment News

Housing Inventories Rise for Eighth Straight Month

Tue, 09/07/2010 - 3:57pm
Housing inventories rose in many U.S. cities for the eighth straight month in August in a sign of the continued headwinds facing a soft housing market.
Categories: Investment News

Chicago's Daley Won't Run Again

Tue, 09/07/2010 - 3:56pm
Richard Daley, Chicago's second-longest serving mayor, said he would not seek a seventh term in 2011. Rahm Emanuel earlier this year expressed interest in the job but only run if Daley did not run.
Categories: Investment News

Boeing to Revamp Military Aircraft Unit

Tue, 09/07/2010 - 3:46pm
Boeing said Tuesday it will restructure its military aircraft business, collapsing six divisions into four, which will lead to the loss of over 400 jobs.
Categories: Investment News

Bush Tax Cuts: White House Rejects New Orszag Proposal

Tue, 09/07/2010 - 3:31pm
Peter Orszag, who as White House budget director was in charge of putting out President Barack Obama’s first two budgets, did an about face, urging the extension of all the Bush tax cuts -- but just for a couple more years. The Obama White House quickly rejected the idea.
Categories: Investment News