Business and Finance News
 Fund-poor schools close in Missouri
Jakarta News.Net
In the US, the school board in Kansas City has decided to close 26 of the city's 59 public schools to keep the district afloat financially.
Forbes says Gates no longer the world's richest
Jakarta News.Net
Mexican tycoon Carlos Slim is the world's richest person, knocking Microsoft founder Bill Gates into second spot, as the wealth of the world's billionaires grew by 50 per cent over the last year.
Exxon Mobil Forecasts $28b In Spending In 2010
Sign on San Diego
NEW YORK Exxon said Thursday that it will boost spending this year on new and existing projects even though global energy demand is still restrained. The world's largest publicly traded o...
Regulator Faults Wall Street Banks On Derivatives
Sign on San Diego
WASHINGTON A federal regulator says Wall Street banks are seeking exemptions to proposed new rules for financial derivatives that could shield more than half the trades in the complex instrume...
Hecker Documents Found In Search After Shooting
Star Tribune
Authorities discovered a note and documents that relate to former auto dealer Denny Hecker when his former in-law fatally shot himself last week in his car, according to newly unsealed court papers. ...
Regulator Faults Wall Street Banks On Derivatives
Seattle Post-Intelligencer
THE ASSOCIATED PRESS WASHINGTON -- A federal regulator says Wall Street banks are seeking exemptions to proposed new rules for financial derivatives that could shield more than half the trades in t...
Exxon Mobil Forecasts $28b In Spending In 2010
Miami Herald
NEW YORK -- Exxon said Thursday that it will boost spending this year on new and existing projects even though global energy demand is still restrained.The world's largest publicly traded oil company...
Us Chamber Of Commerce Slams Tobin Tax Proposals
Guardian
One of the report's authors claimed that the Tobin tax was designed to punish Wall Street but would shoot main-street in the foot. Photograph: Mark Lennihan/AP America's leading business advocacy gr...
Vulture Fund Bill Under Threat From Tory Backbencher
Guardian
Liberia, which lost a £13m court case against two vulture funds late last year. Photograph: Jerome Delay/AP Legislation to protect some of the world's poorest countries from being sued by rapacious...
Ex-cazenove Worker Jailed For Insider Dealing
Guardian
A former partner at the Queen's stockbrokers was jailed for 21 months today after being convicted of insider dealing.Malcolm Calvert, who retired from the investment bank Cazenove 10 years ago, used a...
Exxon Mobil Announces 2010 Capex Plans
Forbes
Exxon Mobil revealed its capital expenditures plans for 2010. In an analyst meeting, the oil giant said it will spend about $27 billion in 2010 on capital projects, $1 billion more than it spent in 20...
Exxon Mobil Announces 2010 Capex Plans
Forbes
Exxon Mobil revealed its capital expenditures plans for 2010. In an analyst meeting, the oil giant said it will spend about $27 billion in 2010 on capital projects, $1 billion more than it spent in 20...
U.s. Household Worth Rose At Slower Pace Last Quarter
Business Week
March 11 (Bloomberg) -- Household wealth in the U.S. grew in the fourth quarter at a slower pace, limited by a drop in home values that indicates the recovery in consumer spending will take time to ga...
Exxon Mobil Forecasts $28b In Spending In 2010
The Seattle Times
NEW YORK — Exxon said Thursday that it will boost spending this year on new and existing projects even though global energy demand is still restrained. The world's largest publicly traded oil c...
Willbros Shares Fall On Earnings, Acquisition News
Business Journal
Willbros Group Inc. fell nearly 12 percent to $13.33 per share in early trading Thursday after the company released its 2009 earnings and announced the acquisition of an electricity and natural gas co...
Exxon Mobil Forecasts $28b In Spending In 2010
Seattle Post-Intelligencer
THE ASSOCIATED PRESS NEW YORK -- Exxon said Thursday that it will boost spending this year on new and existing projects even though global energy demand is still restrained. The world's largest pu...
Americans' Wealth Up For 3rd Straight Quarter
MSNBC
The Federal Reserve says household net worth rose 1.3 percent in the fourth quarter to $54.2 trillion. It marked the third straight quarter of gains. Net worth had risen 4.5 percent in the second quar...
Obama Outlines Steps In Bid To Double Exports
MSNBC
WASHINGTON - President Barack Obama sought Thursday to put some detail behind his lofty drive to double U.S. exports over the next five years, calling the effort imperative to putting people back to w...
Obama Urges China Action On Yuan
BBC
President Barack Obama has urged China to change its currency strategy, a move that would effectively raise the value of the yuan and benefit US exporters.He said China should help re-balance global t...
'no Giveaway Budget' Says Uk
BBC
Chancellor Alistair Darling has warned people not to expect a "giveaway" when the government's Budget is announced later this month.Speaking to the BBC, Mr Darling said that the Budget would...
Free Financial Advice Launched
BBC
A free national financial advice service is being launched by the government.Called Moneymadeclear, it offers a telephone helpline, website and face-to-face sessions with independent financial experts...
Msn Launches New On-demand Video Player
Sky News
MSN Video Player was piloted in August last year, with a much smaller library of programmes and has since increased its content significantly. Endemol, creators of Big Brother, RDF Rights and Shed Me...
Wall St Stocks Slip On Jobless Data
The Daily Telegraph
WALL Street stocks fell overnight after official data showed higher-than-expected initial weekly jobless insurance claims and a slower pace of imports, suggesting slower economic activity.
Wall St Stocks Slip On Jobless Data
The Daily Telegraph
WALL Street stocks fell overnight after official data showed higher-than-expected initial weekly jobless insurance claims and a slower pace of imports, suggesting slower economic activity.
Wall St Stocks Slip On Jobless Data
The Courier Mail
WALL Street stocks fell overnight after official data showed higher-than-expected initial weekly jobless insurance claims and a slower pace of imports, suggesting slower economic activity.
Wall St Stocks Slip On Jobless Data
News.com.au
WALL Street stocks fell overnight after official data showed higher-than-expected initial weekly jobless insurance claims and a slower pace of imports, suggesting slower economic activity.
Caterpillar Mulls New U.s. Excavator Facility
Market Watch
SAN FRANCISCO (MarketWatch) -- Caterpillar said Thursday it will study whether it makes sense to move some of its heavy equipment manufacturing to the United States from Japan to free up capacity at i...
U.s. Households Increase Treasury Holdings: Fed
Fox Business
NEW YORK -- U.S. households increased their holdings of Treasury securities to the highest level in at least two years, according to data released by the Federal Reserve on Thursday. Households held ...
Exxon Mobil Ceo: Xto Transaction To Close In 2q
Fox Business
XTO ) in the second quarter. Speaking to analysts in the company's annual meeting in New York, Chief Tillerson said he believes that while the value of the acquisition to Exxon Mobil and its shareho...
Tech Stocks: Broad-market Weakness Hinders Tech Stocks
Fox Business
Technology stocks put in a mixed performance Thursday as the sector got caught up in the broader market's marginal losses fueled by rising prices and China and ever-present concerns about the U.S. ec...
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