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Toyota’s safety woes spread to Prius brakes (AFP)
February 2, 2010 by admin · Leave a Comment
AFP - Toyota Motor, reeling from a public-relations nightmare over accelerator problems, on Wednesday reported dozens of complaints in North America and Japan about brake failure on its top-selling Prius hybrid.
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Toyota’s safety woes spread to Prius brakes
(AFP)
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Kraft gets 1.52 percent acceptance for Cadbury bid (Reuters)
January 6, 2010 by admin · Leave a Comment
Reuters - Kraft said it had a 1.52 percent take-up from Cadbury shareholders for its 10.5 billion pound ($16.8 billion) hostile bid, with analysts saying the U.S. food group will have to raise its offer to win.
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Kraft gets 1.52 percent acceptance for Cadbury bid
(Reuters)
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Asian consumers most upbeat, American sentiment dips (Reuters)
January 6, 2010 by admin · Leave a Comment
Reuters - Consumer confidence is strongest in emerging Asia, Brazil and Australia, but weakened slightly in the United States in the fourth quarter as Americans worried about job security, a survey showed on Wednesday.
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Asian consumers most upbeat, American sentiment dips
(Reuters)
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American Airlines parent AMR raises $2.9 billion (Reuters)
September 17, 2009 by admin · Leave a Comment
Reuters - American Airlines parent AMR Corp said it had raised $2.9 billion and promised to shift flying to more profitable routes, news that sent its shares up nearly 24 percent.
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American Airlines parent AMR raises $2.9 billion
(Reuters)
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AIG taps former MetLife chief Benmosche to be CEO (Reuters)
August 3, 2009 by admin · Leave a Comment
Reuters - American International Group Inc said it had tapped former MetLife chief Robert Benmosche to be its new CEO, effective next Monday.
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AIG taps former MetLife chief Benmosche to be CEO
(Reuters)
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SEC: Ex-Kmart CEO should give up more than $22M (AP)
August 3, 2009 by admin · Leave a Comment
AP - Federal regulators are seeking more than $22 million from the former head of Kmart Corp., who was found liable for misleading investors about the company’s finances before a bankruptcy filing in 2002.
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SEC: Ex-Kmart CEO should give up more than $22M
(AP)
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BP ups cost cut target as profits dive (Reuters)
July 28, 2009 by admin · Leave a Comment
Reuters - Oil giant BP Plc said it had increased its cost reduction targets for 2009 by 50 percent to $3 billion, as it reported a halving in second quarter profits due to lower oil prices and weaker refining margins.
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BP ups cost cut target as profits dive
(Reuters)
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U.S. housing chiefs to push lenders for aid (Reuters)
July 27, 2009 by admin · Leave a Comment
Reuters - Senior U.S. housing officials and leading mortgage companies on Tuesday will make a fresh commitment to help troubled borrowers keep their homes and will promise to expand foreclosure-prevention aid, sources familiar with the plans said.
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U.S. housing chiefs to push lenders for aid
(Reuters)
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CFTC report blames speculators for oil price swings: report (Reuters)
July 27, 2009 by admin · Leave a Comment
Reuters - The U.S.
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CFTC report blames speculators for oil price swings: report
(Reuters)
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Nigerian rebels say hit Shell site despite amnesty (Reuters)
June 26, 2009 by admin · Leave a Comment
Reuters - Nigeria’s main militant group said it had blown up a well-head in a Royal Dutch Shell oil field in Delta state late Thursday, hours after President Umaru Yar’Adua announced an amnesty offer for gunmen.
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Nigerian rebels say hit Shell site despite amnesty
(Reuters)