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Business News | | | 
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Stocks Higher in Early Trading on Economic Data
New York Times - Jul 25, 2008, 10:00 AM, Fri
Stocks rose modestly after the government reported that orders for big-ticket items rose at the fastest pace in four months, sharply higher than analysts expected.
Source URL: http://www.nytimes.com
Netflix 2Q profit up 4 pct, beats analyst views
Associated Press - Jul 25, 2008, 09:58 AM, Fri
SAN FRANCISCO (AP) -- Netflix Inc.'s second-quarter profit crept up 4 percent, beating analyst expectations as the online DVD rental leader signed up 168,000 new customers while spending less money to attract them to the service....
Source URL: http://www.ap.org
Durable Goods Orders Rise Unexpectedly
New York Times - Jul 25, 2008, 09:56 AM, Fri
A government report suggested that the manufacturing sector has muddled through the downturn on the strength of military goods and exports.
Source URL: http://www.nytimes.com
Durable goods orders in surprise rise CNN
Financial compensation claims dip
BBC News - Jul 25, 2008, 09:51 AM, Fri
The number of claims received by the Financial services Compensation Scheme (FSCS) fell by 33% in the past year.
Source URL: http://news.bbc.co.uk
New home sales stronger than expected
CNN - Jul 25, 2008, 09:48 AM, Fri
New home sales fell in June, the government said Friday, but the annual rate was stronger than economists expected.
Source URL: http://www.cnn.com
U.S. home sales stronger than expected International Herald Tribune
Stocks advance on upbeat economic reports
Associated Press - Jul 25, 2008, 09:47 AM, Fri
NEW YORK (AP) -- Upbeat economic data lifted stocks Friday, placating a market pummeled a day earlier by concerns about housing and the financial sector....
Source URL: http://www.ap.org
New home sales drop 0.6 percent in June
Associated Press - Jul 25, 2008, 09:44 AM, Fri
WASHINGTON (AP) -- Sales of new homes fell in June for the seventh time in the past eight months, more proof that the worst housing slump in decades is getting deeper....
Source URL: http://www.ap.org
Oil drops again as US pump prices slip to near $4
Associated Press - Jul 25, 2008, 09:43 AM, Fri
NEW YORK (AP) -- Oil prices fell sharply Friday, dropping at times below $123 for the first time in weeks as investors questioned whether prices have cooled off enough to reflect deteriorating demand....
Source URL: http://www.ap.org
Big business to the rescue - for now
CNN - Jul 25, 2008, 09:42 AM, Fri
Corporate America is keeping the economy afloat. But some economists worry that it can't last.
Source URL: http://www.cnn.com
The oil speculator sideshow
CNN - Jul 25, 2008, 09:41 AM, Fri
Watch out, speculators: The Commodity Futures Trading Commission is getting tough on crime. But since, as the CFTC has said, speculation hasn't pushed up prices, the crackdown will benefit its image more than the economy.
Source URL: http://www.cnn.com
Wall Street rebounds on economy, oil
CNN - Jul 25, 2008, 09:37 AM, Fri
Stocks bounced back Friday from a steep decline in the previous session, as investors welcomed encouraging reports on new home sales and factory orders.
Source URL: http://www.cnn.com
Mortgage industry grilled in Washington
CNN - Jul 25, 2008, 09:37 AM, Fri
A key House committee was set to grill home lenders and housing advocates on Friday about mortgage industry efforts to work out affordable loans for troubled homeowners.
Source URL: http://www.cnn.com
Mortgage industry gets a grilling in Washington CNN
Get a grip on your work week
CNN - Jul 25, 2008, 09:34 AM, Fri
Joe Burke never has to look for business. "Old clients give us more work while new clients keep rolling in," says Burke, who runs a five-person engineering design firm, KPEngineering, in Lindenhurst, NY. For many small business owners, this is a dream. But for Burke, it's a problem. "The result is grueling 70-hour weeks," he says.
Source URL: http://www.cnn.com
N.M. researchers hope to cultivate 'calming herb'
Associated Press - Jul 25, 2008, 09:25 AM, Fri
ALBUQUERQUE, N.M. (AP) -- The plant has been described by local residents as magical, its qualities almost mythical....
Source URL: http://www.ap.org
Oil price decline picks up pace
CNN - Jul 25, 2008, 09:19 AM, Fri
Oil prices resumed their downward slide Friday as investors remain concerned about falling demand.
Source URL: http://www.cnn.com
At Ford, end of a big-vehicle era takes a toll
International Herald Tribune - Jul 25, 2008, 09:16 AM, Fri
The automaker, hit by abysmal sales of its most profitable vehicles and a shift in consumers' tastes, suffered its worst quarter ever.
Source URL: http://www.iht.com
At Ford, End of a Big-Vehicle Era Takes a Toll New York Times
Defense spending sends U.S. manufacturing index higher
International Herald Tribune - Jul 25, 2008, 09:16 AM, Fri
Excluding orders for defense-related goods, orders were up only 0.1 percent. Economists had expected orders to fall for the month.
Source URL: http://www.iht.com
Denied visa, chief of TNK-BP is forced to leave Russia
International Herald Tribune - Jul 25, 2008, 09:16 AM, Fri
The departure of the executive, Robert Dudley, an American, is the latest twist in a rising nationalism that is shutting Western oil companies out of energy-rich regions and has wide implications for BP.
Source URL: http://www.iht.com
Denied Visa, Chief of BP Joint Venture Is Forced to Leave Russia New York Times
European automakers bearish on global outlook
International Herald Tribune - Jul 25, 2008, 09:16 AM, Fri
Daimler and Renault warned Thursday that the global slowdown would hit their results, sending their shares sharply lower, as Ford announced a loss of $8.7 billion.
Source URL: http://www.iht.com
European data show broad drop in business confidence
International Herald Tribune - Jul 25, 2008, 09:16 AM, Fri
Europe's economy is taking a bigger hit than expected as the global credit crunch and rising costs erode corporate and consumer confidence, data showed on Thursday.
Source URL: http://www.iht.com
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