Fri,8 Jul 2011 11:11 PM PDT
Reuters - CHICAGO (Reuters) - Toyota Motor Corp's brand Lexus will end its streak of 11 years as the top luxury brand in the U.S. market due to lost sales in the aftermath of the Japan earthquake and tsunami, said Mark Templin, Lexus Division general manager.
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Q+A: State of play in debt and deficit talks Fri,8 Jul 2011 11:09 PM PDT Reuters - WASHINGTON (Reuters) - Budget talks between President Barack Obama and top Republicans enter a critical phase this weekend as they try to end a standoff over raising the government's borrowing limit. Full Story1 |
Dismal jobs picture complicates debt talks Fri,8 Jul 2011 10:59 PM PDT Reuters - WASHINGTON (Reuters) - Dismal unemployment figures on Fridaycomplicated efforts to avert a looming U.S. debt default, and a top Republican said negotiators were not close to a deal that would ensure continued borrowing. Full Story1 |
Murdoch papers treat World's End with tabloid flare Fri,8 Jul 2011 08:22 PM PDT Reuters - LONDON/NEW YORK (Reuters) - Some of Rupert Murdoch's newspapers feasted on Friday on the demise of one of their own -- Britain's News of the World -- serving up headlines such as "World's End" and "Hacked To Death." Full Story1 |
IPO view: Toys R Us IPO taking shape slowly, now seen in 2012 Fri,8 Jul 2011 08:18 PM PDT Reuters - NEW YORK (Reuters) - Selling Barbie dolls and Hot Wheels to children may prove far easier than hawking Toys R Us to investors. Full Story1 |
Murdoch hosts film screening amid hacking scandal Fri,8 Jul 2011 07:34 PM PDT Reuters - SUN VALLEY, Idaho (Reuters) - A crisis has erupted at media mogul Rupert Murdoch's London newspapers, but that didn't stop the News Corp. chief executive and his wife, Wendi, from hosting a screening of a new movie co-produced by Mrs. Murdoch. Full Story1 |
J&J sued over sales deal for oral cancer product Fri,8 Jul 2011 05:44 PM PDT Reuters - (Reuters) - J&J was sued by a company called Oral Cancer Prevention International that claimed the drug major "interfered" with a sales agreement related to the distribution of an oral cancer prevention product to protect sales of its popular mouthwash, Listerine, according to court documents. Full Story1 |
Three US banks in Illinois, Colorado close: FDIC Fri,8 Jul 2011 05:25 PM PDT Reuters - WASHINGTON (Reuters) - U.S. authorities closed three banks on Friday, bringing the total number of foreclosures in 2011 to 51. Full Story1 |
Lexus to lose top spot in U.S. luxury car market Fri,8 Jul 2011 04:56 PM PDT Reuters - CHICAGO (Reuters) - Toyota Motor Corp's brand Lexus will end its streak of 11 years as the top luxury brand in the U.S. market due to lost sales in the aftermath of the Japan earthquake and tsunami, said Mark Templin, Lexus Division general manager. Full Story1 |
Poll: Dealers expect unemployment to ease through '12 Fri,8 Jul 2011 04:08 PM PDT Reuters - NEW YORK (Reuters) - Economists at top financial institutions expect the U.S. unemployment rate to fall in 2011 and 2012 despite a surprisingly weak jobs report on Friday, a Reuters poll found on Friday. Full Story1 |
Wall St Week Ahead: Recipe for a rally? Beat lowered estimates Fri,8 Jul 2011 03:23 PM PDT Reuters - NEW YORK (Reuters) - Wall Street heads into earnings season next week playing a typical game: Worrying about results a lot, and then rallying on pleasant surprises.Full Story1 |
C$ falls on fears of lackluster U.S. recovery Fri,8 Jul 2011 02:24 PM PDT Reuters - TORONTO (Reuters) - Canada's dollar weakened against the greenback on Friday after a dismal report on the U.S. labor market raised concerns that a U.S. economic recovery is further away than anticipated. Full Story1 |
TSX stung by weak U.S. jobs data as oils drop Fri,8 Jul 2011 02:07 PM PDT Reuters - TORONTO (Reuters) - Toronto's main stock market index fell on Friday as disappointing U.S. jobs data for June hit sentiment, though the decline was tempered by hopes the setback to economic recovery was temporary. Full Story1 |
Wall Street uses Wal-Mart bias ruling in MBS defense Fri,8 Jul 2011 01:54 PM PDT Reuters - WILMINGTON, Delaware (Reuters) - The U.S. Supreme Court's dismissal of a massive sex-bias case against Wal-Mart Stores Inc may have handed Wall Street a new weapon in its battle against angry investors who lost billions on securitized home loans. Full Story1 |
Factbox:What Coulson, Brooks and Hinton said about phone hacking Fri,8 Jul 2011 01:48 PM PDT Reuters - (Reuters) - Former News of the World editor Andy Coulson, News International CEO Rebekah Brooks, and Dow Jones CEO Les Hinton gave evidence to a British parliamentary committee between 2003 and 2009 about phone hacking and police payments. Full Story1 |
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