Drop in greenback lifts Wall StreetU.S. stocks nudged higher on Tuesday, with a gain in the Dow Jones of 33 points.
The euro strengthened as a deal with Greece on its bond debt looked increasingly closer.
U.S. investors, as with... | |
Cameron unveils plans to upgrade apprenticeship programmesLONDON - Prime Minister David Cameron Tuesday unveiled plans to club apprenticeships with higher education to remove the poor class tag often attached to the vocational training programme.
"We... |
| Citigroup becomes first global bank to flood China with credit cards Citigroup (c) is set to become the first global bank to issue its own credit cards in China.
The financial giant said that Chinese banking regulators have given the company the go-ahead to begin... |
| Apple's iPhone business alone now bigger than whole of Microsoft Apple's iPhone business alone is now bigger than the whole of Microsoft, recent revenue figures have revealed.
The tech giant's popular smartphone division generated 24.4 billion dollars of revenue... |
Lloyds Banking Group restructuring plans to cull 900 more jobsLondon - Part-nationalised Lloyds Banking Group Tuesday announced plans to cut 900 jobs as part of wider plans unveiled last year to cull 15,000 posts across the company.
The banking group,... |
JAL says first Dreamliner delivery will be delayedTOKYO - Japan Airlines (JAL) said Tuesday that delivery of first Dreamliner aircraft originally expected by February end would be delayed as Boeing was removing a technical glitch in some of the... |
As Greece mulls a proposed crunch, unions strike in protest ATHENS - Unions in Greece went on strike against austerity measures Tuesday as Prime Minister Lucas Papademos tried hard to persuade leaders of his coalition government to accept the tough bailout... |
Glencore, Xstrata sign giant $90 bn mergerNEW YORK Mining giant Xstrata and Glencore, the world's biggest commodity trader, have announced a $90 billion all-share merger to create the world's fourth largest natural resources company.... |
| Coca-Cola eyes cost savings as it posts 'solid' results KO-N reported better-than-expected quarterly results and announced a new cost-savings program that it will use to boost its brands and mitigate higher commodity costs.Coke’s results on Tuesday... |
| Video: Troubling news for earnings Enjoy the convenience of having The Globe and Mail delivered right to your door, your mobile phone and computer. From exclusive content and mobile apps to online tools and loyalty programs, The Globe... |
| Wal-Mart debuts ‘Great for You’ seal Wal-Mart Stores Inc. plans to help its customers figure that out by adding a new green icon that reads "Great for You" to packaging of some of its house-brand... |
| Supervalu to cut 800 jobs Struggling Eden Prairie-based supermarket giant Supervalu said Tuesday that it will cut 800 corporate jobs nationwide, including about 200 in the Twin Cities or about 7 percent of its corporate... |
| Goodbye Michael Graves: Final products to hit Target stores in March Michael Graves' curtain call with Target Corp. is set for this spring. The Minneapolis-based retailer said Tuesday that the final installment of Michael Graves-designed kitchen gadgets,... |
| Job openings jump in December to nearly match 3-year high; hiring, quits decline WASHINGTON - The number of available jobs in the United States jumped in December to near a three-year high, supporting other data that show a brighter outlook for hiring. Companies and governments... |
| Documentary highlights innovative housing Our friends over at Twin Cities Public Television have produced a new documentary about three innovative housing developments built for those Twin Citians living on limited incomes. "Homes... |
| Stratasys reports strong 2011 sales Stratasys Inc. finished last year on a high note, reporting Tuesday that fourth quarter revenue jumped nearly 30 percent. The Eden Prairie-based maker of 3D printers said sales during the final... |
| Bernanke sticks with Fed plan to hold interest rates low until '14, despite strong jobs report WASHINGTON - Ben Bernanke on Tuesday reiterated the Federal Reserve's plan to hold interest rates near record lows until at least late 2014. The Fed chairman stuck with the three-year time... |
| ZARA store to open in San Diego The fast-fashion retail powerhouse ZARA is opening its first San Diego store this fall in Fashion Valley Mall.With European style and accessible prices, ZARA carries clothing for women, men and... |
| Calif. 'not there yet' in U.S. mortgage settlement Kamala D. Harris - AP file photo California has not yet decided if it will take part in a proposed $25 billion mortgage settlement with the country's largest banks over foreclosure and... |
| Emporio Armani opens first San Diego store Like Italian fashion? Legendary designer Giorgio Armani has opened San Diego's first Emporio Armani store, carrying a line that embodies the "modern, casual lifestyle" with high... |
| Newsstand magazine sales down 10 percent in US NEW YORK -; U.S. magazine sales at newsstands and other retailers dropped 10 percent in the second half of 2011, a sign that Americans are still careful about discretionary spending and impulse... |
| Small biotech, big pharma: match made in S.D. bbry@blackbirdv.com . Your place or mine. It wasn't a bar or a club; it was Biocom's second annual Global Life Science Partnering Conference last week at the Lodge at Torrey Pines. It was... |
| Coca-Cola quarterly results beat forecasts Coca-Cola's fourth-quarter net income dropped 71%, weighed down by restructuring charges and a difficult comparison with last year's fourth quarter, when the beverage maker had a hefty... |
| Jared Kushner among bidders for LA Dodgers: report New York real estate mogul Jared Kushner is among the bidders for the Los Angeles Dodgers, according to a new report. Kushner, who also owns the New York Observer, would be Major League... |
| Citigroup To Issue Credit Cards In China February 7, 2012 China used to require western banks to co-brand with Chinese operators. But now Citi can sell its own plastic, just as credit cards become more popular. Rising incomes are boosting... |
| After Hours: Disney results slated for after-hours release LOS ANGELES (MarketWatch) -- Walt Disney Co. and Life Technologies Corp. are each expected by Wall Street to report an increase in earnings and revenue when the media conglomerate and the... |
| Canadian Markets: Canada stocks set to extend loss to second session SAN FRANCISCO (MarketWatch) -- Canadian equities inched lower Tuesday, looking set to extend losses from the previous session with the diversified metals and mining sector posting the largest... |
| Market Snapshot: U.S. stocks gain on hopes for Greece NEW YORK (MarketWatch) -- U.S. stocks erased losses and turned higher Tuesday, with the Dow industrials at a multi-year high, as Greece reportedly neared accord on budget cuts and U.S. job openings... |
| Futures Movers: Oil gains 1.6% as Greece nears deal SAN FRANCISCO (MarketWatch) -- Crude futures shook off initial weakness to trade 1.6% higher on Tuesday, gaining as Greece reportedly neared a deal that could avoid a messy default and drag the world... |
| Financial Stocks: Money-market-fund report hits Federated, Schwab NEW YORK (MarketWatch) -- U.S. financial firms with a big business in money-market funds fell Tuesday after a report said that the Securities and Exchange Commission is close to proposing new... |
| Energy Stocks: Anadarko up, BP down; energy stocks mixed NEW YORK (MarketWatch) -- Anadarko Petroleum Corp. led gains among big oil producers on Tuesday, but shares of natural gas and oil service specialists fell... |
| Market Extra: Coinstar surges on Redbox sales and deals SAN FRANCISCO (MarketWatch) -- Coinstar Inc. saw its shares climb more than 18% Tuesday on upbeat reaction to a trifecta of announcements, including strong quarterly results and new shots at Netflix... |
| Earnings Watch: Updates, advisories and surprises +0.42% reports its fiscal first-quarter earnings following the market's close on Tuesday, investors should focus on fees paid by cable operators to the company's ESPN and other cable... |
| Coinstars 4Q earnings soar on strong Redbox Technology News: BELLEVUE, With the company's Redbox kiosks for renting DVDs picked up customers who stopped getting their discs through Netflix's rival service, Coinstar's... |
| Sensient 4Q earnings up 11% Sensient Technologies Inc. reported Tuesday a nearly 11% increase in fourth-quarter earnings on flat revenue growth. The Milwaukee-based manufacturer of colors, flavors and fragrances said net... |
| US stocks open in the red US stocks opened lower Tuesday as traders awaited fresh testimony from Federal Reserve chief Ben Bernanke to Congress on the economy and watched fraught efforts to resolve the Greek debt... |
| Coca-Cola Records $8.6 Billion Profits for 2011 A worldwide sales increase of 5 per cent saw US giant Coca-Cola record profits of 8.6 billion dollars for 2011, the company reported Tuesday. However, that meant profits were 27 per cent lower than... |
| Occupy Wall Street protester vows to fight subpoena over Twitter account Occupy Wall Street activist whose tweets have become the subject of a subpoena by a New York prosecutor is seeking to quash the order in court.A lawyer for Malcolm Harris, 23, who was arrested along... |
| Xstrata's rebels are right Glencore are miserable. As matters stand, Sir John Bond and Mick Davis, chairman and chief executive of Xstrata, have granted Glencore's Ivan Glasenberg greatest wish and extracted too little in... |
| Dow committed to providing London 2012 stadium wrap despite criticism Demonstrators in Bhopal urge the organisers of the London Olympics to stop Dow Chemical's involvement in the 2012 Games. Photograph: Sanjeev... |
| BP chief defends high executive pay and bonuses BP chief executive Bob Dudley says that his work keeps him too busy to think about his 1m pay package or has the time to spend it. Photograph Toby... |
| Inmarsat takes off on bid talk but FTSE dips as Greek drama continues has taken off on talk of a possible bid for the satellite operator.Its shares have jumped 15.2p to 437.2p - a 3.6% rise - on suggestions of a 700p offer, with US giant GE and private equity both... |
| Glencore was the World Food Programme's most viable option | Felicity Lawrence The World Food Programme has been criticised for buying wheat from Glencore during last year's famine in the Horn of Africa. Photograph: Tariq Mahmood/AFP/Getty... |
| Capita dips on concerns it could miss out on Army recruitment contract has fallen back on concerns it could miss out on a lucrative Army contract.The company has already had a disappointing start to 2012, says Espirito Santo, missing out on a couple of prospects in... |
| Shareholders protest at Tui Travel's executive pay and bonus packages Tui Travel .Independent shareholders on Tuesday delivered a heavy protest vote against the company's executive pay arrangements with 50% of independent investors voting against salary and... |
| UBS cuts 2011 bonus pool by 40% as profits plunge the alleged rogue trading incident that had caused 1.4bn of losses .Carsten Kengeter, the head of investment banking, is waiving his potential multimillion-pound bonus for 2011 as it was his arm of... |
| Goldman Sachs's CEO shows gay marriage is a no-risk trade Goldman Sachs ," the man says with his unmistakably Brooklynese accent, "and I support marriage equality." In line with the HRC's policy of homosexual self-erasure, Blankfein... |
| Sprint Earnings On Wednesday Could Propel Stock On Path To $4.25 Sprint plans to announce its earnings for the fourth quarter 2011 on Wednesday, February 8. During the earnings call, we will be closely watching the company's net postpaid additions for the... |
| Forbes Earnings Preview: PPL fourth quarter earnings announcement slated for Friday, February 10, 2012, expectations have risen for the upcoming results. The consensus analyst estimate has gone from 61 cents per share to the... |