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Obama firm: Don’t extend tax breaks for wealthiest (AP)

September 8, 2010 by admin · Leave a Comment 

AP - President Barack Obama strongly defended his opposition to extending Bush-era tax breaks for the wealthiest Americans on Wednesday and delivered a searing attack on Republicans and their House leader for advocating “the same philosophy that led to this mess in the first place.”

Original post: 
Obama firm: Don’t extend tax breaks for wealthiest
(AP)

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Foster’s knocks back $2.5 billion offer for wine unit (Reuters)

September 7, 2010 by admin · Leave a Comment 

Reuters - Foster’s Group Ltd , Australia’s largest brewer, said it rejected a private equity offer worth up to $2.5 billion for its wine unit as too cheap and would continue with the split of its beer and wine businesses.

Original post:
Foster’s knocks back $2.5 billion offer for wine unit
(Reuters)

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Congress Republicans wary of Obama economy plan (Reuters)

September 7, 2010 by admin · Leave a Comment 

Reuters - Republicans in Congress showed little willingness to help President Barack Obama approve billions of dollars in measures to boost the economy with midterm elections less than two months away.

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Congress Republicans wary of Obama economy plan
(Reuters)

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Congress Republicans wary of Obama economy plan (Reuters)

September 7, 2010 by publisher · Leave a Comment 

Reuters - Republicans in Congress showed little willingness to help President Barack Obama approve billions of dollars in measures to boost the economy with midterm elections less than two months away.

Read more: 
Congress Republicans wary of Obama economy plan
(Reuters)

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Flow International posts small 1Q loss (AP)

September 7, 2010 by admin · Leave a Comment 

AP - Flow International Corp., a maker of industrial waterjet machines for cutting and cleaning, nearly washed away a first-quarter loss.

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Flow International posts small 1Q loss
(AP)

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Financial Sheriffs to Monitor Banks, Markets in European Union (Time.com)

September 7, 2010 by publisher · Leave a Comment 

Time.com - A trio of financial sheriffs will oversee finance in the entire European market

Original post:
Financial Sheriffs to Monitor Banks, Markets in European Union
(Time.com)

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Suddenly, a raft of tax-break proposals from Obama (AP)

September 7, 2010 by admin · Leave a Comment 

AP - President Barack Obama’s proposed tax breaks for business sound like ideas that have enjoyed broad Republican backing in the past. But in today’s toxic political atmosphere, he’s unlikely to get much — if any — GOP help.

More here: 
Suddenly, a raft of tax-break proposals from Obama
(AP)

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Obama kicks off campaign with infrastructure plan (Reuters)

September 6, 2010 by admin · Leave a Comment 

Reuters - President Barack Obama, scrambling to spur job creation, proposed a six-year plan on Monday to rebuild infrastructure with an initial $50 billion investment and prepared new business tax cuts.

The rest is here: 
Obama kicks off campaign with infrastructure plan
(Reuters)

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Pending home sales rise 5.2 percent in July (AP)

September 2, 2010 by publisher · Leave a Comment 

AP - The number of buyers who signed contracts to purchase previously occupied homes increased in July but remained well below last year’s levels, a sign that demand for housing remains weak.

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Pending home sales rise 5.2 percent in July
(AP)

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Discounts, heat fuel August retail sales beat (Reuters)

September 2, 2010 by admin · Leave a Comment 

Reuters - U.S. retailers posted better-than-expected sales in August as consumers sought out bargains during the key back-to-school selling season.

Go here to read the rest: 
Discounts, heat fuel August retail sales beat
(Reuters)

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