Today: BUSINESS News, Jul 10 2011

Search

ALS, Alexander Language Schools Franchise


Jul 10, 2011

BUSINESS News, Jul 10 2011

China June import growth weakest in 20 months
Sat,9 Jul 2011 11:36 PM PDT
Reuters -
photoBEIJING (Reuters) - China's import growth fell sharply to its slowest pace in 20 months in June in further evidence of the broad impact of monetary tightening on the economy, while a wider trade surplus suggested capital inflows will remain a challenge for authorities.
 
Last phone-hack paper published, Murdoch heads to UK
Sat,9 Jul 2011 06:53 PM PDT
Reuters -
photoLONDON (Reuters) - The final edition of the newspaper engulfed in a phone-hacking scandal was published on Sunday as Rupert Murdoch headed to London to try to save the bigger prize of his takeover of the British broadcaster BSkyB.

Could Murdoch deputy Hinton take the fall?
Sat,9 Jul 2011 04:43 PM PDT
Reuters -
photoLONDON/NEW YORK (Reuters) - Les Hinton was adamant. Asked in 2007 by a British parliamentary committee whether the News of the World had "carried out a full, rigorous internal inquiry" into the use of illegal phone hacking by the newspaper and was "absolutely convinced" it was limited to a single reporter, Hinton did not hesitate.

Tears, cheers and anger at News of the World farewell
Sat,9 Jul 2011 03:10 PM PDT
Reuters -
photoLONDON (Reuters) - In a moment of celebration tinged with sorrow and no little anger, the staff of Britain's best-selling News of the World tabloid cheered as they left their offices on Saturday for the last time.

Church of England threatens to pull News Corp investment
Sat,9 Jul 2011 12:58 PM PDT
Reuters - LONDON (Reuters) - The Church of England has threatened to pull its $6 million investment in Rupert Murdoch's News Corp over the phone hacking scandal at its News of the World paper. Full Story1

Murdoch says current News Corp. management stands
Sat,9 Jul 2011 12:36 PM PDT
Reuters -
photoSUN VALLEY, Idaho (Reuters) - Rupert Murdoch, whose News Corp is ensnared in a growing phone-hacking scandal, said on Saturday that key deputy Rebekah Brooks has his full support and no management changes are planned as a result of the scandal.

Obama: political sacrifices needed for debt deal
Sat,9 Jul 2011 03:40 AM PDT
Reuters -
photoWASHINGTON (Reuters) - President Barack Obama said on Saturday political sacrifices will be needed by both Democrats and Republicans to break a budget impasse and avoid a looming debt default.

Recipe for a rally? Beat lowered estimates
Sat,9 Jul 2011 01:22 AM PDT
Reuters -
photoNEW 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.

Lexus to lose top spot in U.S. luxury car market
Fri,8 Jul 2011 11:11 PM PDT
Reuters -
photoCHICAGO (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.

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

Murdoch papers treat World's End with tabloid flare
Fri,8 Jul 2011 08:22 PM PDT
Reuters -
photoLONDON/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."

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 -
photoSUN 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.

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


 

No comments: