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Today is Nov 21 2008
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BusinessBusch family fight brewing over A-B as InBev targets board Source: USATODAY.com - Jul 7 2008 04:49 Brewer InBev says it will file a statement with U.S. regulators, seeking to remove the entire board of Anheuser-Busch, turning ...
J.C. Penney banking on more teen market share Source: Reuters - Jul 7 2008 00:57 SAN FRANCISCO (Reuters) - J.C. Penney Co Inc is
banking on fashion variety and price to spice up back-to-school
sales to middle America as the retailer's top customers shop
for bargains in hard times.
Las Vegas property market hits a losing streak Source: Reuters - Jul 7 2008 00:36 NEW YORK (Reuters) - As Las Vegas sees its hotel and casino businesses sputter and office, apartment and retail real estate markets flag, the rest of the country is hoping what happens in Vegas stays in Vegas.
BP's rivals shift in Russian tussle Source: Reuters - Jul 6 2008 20:11 MOSCOW (Reuters) - The fate of the second biggest foreign investment in Russia hangs in the balance amid signs of a shifting mood in the Kremlin which may have wrong-footed investors and one of the world's biggest oil companies.
Toyota to add solar panels to Prius hybrid: Nikkei Source: Reuters - Jul 6 2008 19:49 TOKYO (Reuters) - Toyota Motor Corp plans to install solar panels on its next-generation Prius hybrid cars, becoming the first major automaker to use solar power for a vehicle, the Nikkei business daily reported on Monday.
NBC Universal, partners to buy Weather Channel Source: Reuters - Jul 6 2008 16:41 PHILADELPHIA (Reuters) - NBC Universal and buyout firms Bain Capital and Blackstone Group said on Sunday they agreed to buy The Weather Channel from Landmark Communications.
Hyundai union calls for work stoppage next week Source: Reuters - Jul 4 2008 23:44 SEOUL (Reuters) - Unionized employees of Hyundai Motor Co will walk off the job for four hours next week to push for a pay increase, the auto maker's union said on Saturday.
Kimmitt confident in U.S. economic fundamentals Source: Reuters - Jul 4 2008 08:18 BERLIN (Reuters) - Deputy U.S. Treasury Secretary Robert Kimmitt said on Friday he was confident about the United States' economic fundamentals in the long term despite a current rough patch and was quite optimistic about the future.
Asia stocks slip as oil hovers near record Source: Reuters - Jul 4 2008 04:51 HONG KONG (Reuters) - Asian stocks slipped on Friday as record high crude oil prices threatened to jeopardize earnings and curb consumer spending, with the uncertain economic outlook following U.S. jobs data boosting safe-haven government bonds. This week has been punctuated by stagflation fears and deteriorating sentiment after the Dow Jones industrial average slipped into a bear market this week, down more than 20 percent from October highs, joining Asia markets and pushing investors into safe
Penn National says takeover deal terminated Source: Reuters - Jul 3 2008 12:43 PHILADELPHIA/NEW YORK (Reuters) - Casino and racetrack operator Penn National Gaming Inc said on Thursday its $6.1 billion takeover pact has been terminated, marking the latest leveraged buyout to crumble amid the tight credit markets and weak U.S. economy.
Staffing shares steady after jobs report Source: Reuters - Jul 3 2008 12:47 BOSTON (Reuters) - U.S. staffing and jobs services companies' shares were little changed on Thursday, after a government report showed employers cut jobs for the sixth straight month, but unemployment held steady.
Oil prices near $146 on threat of Iran conflict, supplies Source: USATODAY.com - Jul 3 2008 08:41 Oil prices neared $146 a barrel Thursday for the first time ever on reports of declining U.S. stockpiles and the threat of conflict ...
Asia stocks fall as stagflation menaces Source: Reuters - Jul 3 2008 04:36 HONG KONG (Reuters) - Asian stocks fell on Thursday, with Japanese stocks posting their longest losing streak in a half century, on heightened fears that record high oil and stagflation will continue to damage company earnings and consumer spending.
Office market sees rent growth evaporating Source: Reuters - Jul 3 2008 04:47 NEW YORK (Reuters) - U.S. office rent growth stalled in the second quarter and vacancies crept up, a trend that could portend rising loan defaults in the commercial real estate market, according to a report by real estate research firm Reis.
REITs dive after housebuilder capital warning
Source: Reuters - Jul 2 2008 08:52 LONDON (Reuters) - Commercial property shares slumped to a four-year low on Tuesday after cash-strapped housebuilder Taylor Wimpey said it had failed to raise the extra capital it needed.
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