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Business
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Energy to lead Wall Street higher, semis eyed (Reuters)
  Fri, 10 Sep 2010 13:21:22 GMT

Traders work on the floor of the New York Stock Exchange, September 7, 2010. REUTERS/Brendan McDermidReuters - Stocks were set to rise at the open on Friday after posting gains in six of the last seven sessions, buoyed by a jump in crude oil prices.




Nokia brings in Microsoft exec to replace CEO (Reuters)
  Fri, 10 Sep 2010 12:35:13 GMT

A girl tests out the new Nokia N8 mobile phone at the Nokia Flagship store in Helsinki September 10, 2010. REUTERS/Markku Ulander/LehtikuvaReuters - Nokia has hired Stephen Elop, a Canadian Microsoft executive of Silicon Valley pedigree, to replace its embattled chief executive and renew its drive to compete with Apple.




SEC probing certain investment advisory firms: report (Reuters)
  Fri, 10 Sep 2010 13:26:44 GMT
Reuters - The securities regulator is investigating investment advisory firms that channel investors' money into hedge funds, the Wall Street Journal reported.

D.Bank set to lead likely Basel cash call charge (Reuters)
  Fri, 10 Sep 2010 11:52:16 GMT

The headquarters of Deutsche Bank AG are pictured in Frankfurt July 23, 2010. REUTERS/Ralph OrlowskiReuters - Deutsche Bank is set to lead rivals raising billions of euros as new global capital rules to be unveiled this weekend bite, and showed it may be good to get the jump on the pack.




Dubai World reaches $24.9 billion debt deal (Reuters)
  Fri, 10 Sep 2010 10:07:41 GMT
Reuters - State-owned conglomerate Dubai World on Friday reached a formal deal to restructure around $24.9 billion of liabilities, partly easing recently heightened concerns over the Gulf emirate's debt woes.

SEC says proposed Citi settlement is fair (Reuters)
  Wed, 08 Sep 2010 22:21:49 GMT
Reuters - The top securities regulator defended its proposed $75 million settlement with Citigroup , saying the penalty reasonably accounts for the seriousness of the bank's alleged misconduct, according to a document filed in court on Wednesday.

Summary Box: Jobless claims drop, trade gap falls (AP)
  Thu, 09 Sep 2010 22:26:49 GMT
AP - JOBLESS CLAIMS: The number of people signing up for unemployment benefits dropped by 27,000 last week to 451,000, the lowest level in two months.

Shoe seller DSW's operator says 2Q profit jumps (AP)
  Thu, 09 Sep 2010 21:05:33 GMT
AP - Retail Ventures Inc., which operates the DSW shoe store chain, posted a 67 percent jump in second-quarter net income as a key revenue figure improved.

Greece pledges to overhaul loss-making state rail (AP)
  Fri, 10 Sep 2010 12:41:04 GMT

A policeman looks on as trucks are lined up in central Athens during a protest Wednesday, Sept. 8, 2010. Truck drivers, protesting changes in licensing rules, caused serious fuel shortages during a July strike. Greece's Socialist government, battling a major financial crisis, is facing strong opposition from unions and professional groups over plans to relax rules in tightly-regulated professions. (AP Photo/Alkis Konstantinidis)AP - The Greek government pledged Friday to radically overhaul loss-making state rail company OSE, as official data showed efforts to cut the country's bloated budget deficit remained on track, if slightly asthmatic.




Mortgage rates edge up; Housing market still slow (AP)
  Thu, 09 Sep 2010 21:27:41 GMT
AP - Record-low mortgage rates failed to pull the housing market out of its funk. Now rates are inching higher, but don't blame them if home sales stay sluggish.

Trichet: phasing out crisis measures to take time (AP)
  Fri, 10 Sep 2010 09:53:04 GMT
AP - It may take a while yet to phase out the special credit support that was given to banks in the wake of the financial crisis, the European Central Bank's president has said.

Wal-Mart US merchandising now headed by four execs (Reuters)
  Thu, 09 Sep 2010 20:19:26 GMT
Reuters - Wal-Mart Stores Inc will remain without a chief merchandising officer for its U.S. stores for now, instead naming four new product heads to take over that responsibility, the retailer said on Thursday.

Homeowners, Beware Association Costs (Investor's Business Daily)
  Thu, 09 Sep 2010 21:15:00 GMT
Investor's Business Daily - House and condo owners may face extra costs as their homeowner associations struggle with unpaid assessments, the legacy of neighbors hit by job losses and foreclosures.

Oil rises to over $75 on U.S. supply outage (Reuters)
  Fri, 10 Sep 2010 12:57:32 GMT

Oil prices rose as the International Energy Agency raised slightly its forecast for global oil demand this year and following the closure of a pipeline carrying crude to the United States.(AFP/File/Luis Robayo)Reuters - U.S. crude rose more than $1 to over $75 on Friday due to the shutdown of a major pipeline, but a leading forecaster said demand would remain tepid.




Analysis: Obama has tenuous grip on Democrats over taxes (Reuters)
  Thu, 09 Sep 2010 20:51:35 GMT

President Barack Obama attends Milwaukee Laborfest event in Wisconsin to celebrate Labor Day September 6, 2010. REUTERS/Larry DowningReuters - Democrats in Congress are distancing themselves from President Barack Obama's push to let taxes rise for the wealthiest Americans, fearing it will further harm them in November's mid-term elections.




Tokyo's electric taxi experiment (Reuters)
  Fri, 10 Sep 2010 13:06:50 GMT
Reuters - Yoshihiko Takahashi chuckles politely when asked if he's weary of having the same conversation with passengers, day in and day out, as he shuttles them around Tokyo in his white-and-blue all-electric taxi. How often do you have to recharge? How far can you go? Does this car really have no emissions?

Admissions Q&A: Brigham Young (BusinessWeek)
  Fri, 10 Sep 2010 12:08:41 GMT
BusinessWeek - Brigham Young University's Marriott School of Management (Marriott Full-Time MBA Profile) offers students more than a rigorous business education. Students at the school, owned by the Church of Jesus Christ of Latter-day Saints, are required to abide by a strict honor code, based on the tenets of the Mormon religion. The code includes rules against academic dishonesty and requires students to "live a chaste and virtuous life." It also prohibits drugs, alcohol, and coffee -- even at home. ...



     

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