Clinton Backer Forced To Quit Over Race Remarks A key member of Hillary Clinton’s finance committee, former vice-presidential candidate Geraldine Ferraro, has been forced to step down after she suggested a kind of reverse racism had given Senator C... Read Full ArticleA Rate Cut, A Rally And A Plunge The Federal Reserve cut short-term interest rates last week, but the broad stock market fell anyway.... Read Full ArticleCigna’s Profit Rises On Overseas Business PHILADELPHIA (AP) ? The Cigna Corporation, a health insurer, said on Wednesday that fourth-quarter profit rose 13 percent as growth in its overseas business and in its group disability and life operat... Read Full ArticleSee Cookies? Go Watch A Movie Consumers make more impulsive choices after being exposed to ?appetitive stimuli,? according to a new study.... Read Full ArticleUnion Calls Off Three-day Postal Strike Postal strikes scheduled for tomorrow, Thursday and Friday have been called
off as union executives meet to discuss the agreement reached with Royal
Mail management at the end of last week.... Read Full Article
Business News
DealBook: Linens ?n Things Lands in Chapter 11 2008-05-03 05:48 - The seller of housewares and bedding is now one the biggest companies taken private in the recent buyout boom to land in bankruptcy court.
Chevron Earnings Up 10% on Record Oil Prices 2008-05-03 05:48 - Net income in the first quarter rose to $5.17 billion at Chevron as soaring oil prices outweighed weak profits from gasoline production.
Stocks Mostly Advance After Employment Report 2008-05-03 05:48 - Wall Street was mostly higher after a better-than-expected government employment report stirred optimism about the buoyancy of the economy.
U.S. Seeks New Curbs on Credit-Card Practices 2008-05-03 05:48 - The rules are aimed at making it more difficult for credit card companies to raise rates arbitrarily, conceal high penalty fees, or engage in other practices that consumer groups say are abusive.
Fed Takes Steps to Add Liquidity 2008-05-03 05:48 - The Federal Reserve moved to increase the size of its cash auctions to banks and allow financial institutions to put up credit card debt, student loans and car loans as collateral for Fed loans.
Raising Yahoo Bid, Microsoft Steps Up Talks 2008-05-03 05:48 - In a breakthrough after a months-long standoff, Microsoft has increased its offer and intensified negotiations, a person involved in the talks said.
U.S. Shed Fewer Jobs Than Expected in April 2008-05-03 05:48 - The economy in April lost 20,000 jobs, fewer than predicted, but the report suggested to many economists that the U.S. is ensnared in a recession.
Bloomberg faces 58 claims of bias over pregnancy 2008-05-03 05:25 - The number of pregnant women who claim to have suffered sexual discrimination
while working at Bloomberg, the financial news and data group, has grown
from three to 58, it emerged in a pretrial hearing yesterday.
Five forces out second executive in one week 2008-05-03 05:25 - Five, the broadcaster behind Neighbours, has lost its second top executive in
a week, after Lisa Opie, its senior programmer, was forced out by owner,
European media group RTL.
