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French power company in hunt for Constellation - The Associated Press

Business - 3 hours 5 min ago


French power company in hunt for Constellation
The Associated Press - 28 minutes ago
PHOENIX, Arizona (AP) - A $4.5 billion bid Wednesday by France's state-controlled power company for reactors in two states could lead to the only foreign ownership stake in US nuclear plants.
Warren Buffett: Why Fight When You Can Take the Money And Run? CNBC
EDF Takes On The Oracle Of Omaha Forbes
MarketWatch - Motley Fool - New York Times - Wall Street Journal
all 521 news articles

Categories: Business

State Street to cut up to 1800 jobs - BusinessWeek

Business - 3 hours 5 min ago


State Street to cut up to 1800 jobs
BusinessWeek - 28 minutes ago
State Street Corp. on Wednesday said it will cut 1600 to 1800 jobs, or 6 percent of its global work force, between now and the end of the 2009 first quarter, in an effort to reduce operating costs.
State Street to cut 6% of workforce, or up to 1800 jobs MarketWatch
State Street to cut 6 percent of work force Reuters
Boston Globe - Pittsburg Morning Sun - Boston Herald
all 23 news articles

Categories: Business

Google's free-wheeling research days wind down - CNET News

Business - 3 hours 6 min ago


CNET News

Google's free-wheeling research days wind down
CNET News - 28 minutes ago
The Wall Street Journal has artfully assembled a collection mostly-public indicators that Google is trying to rein in its expenses, but there are a few nuggets of note about the near-mythic company coming down to Earth.
Recession Hits Google PC World
Google Gears Down for Tougher Times Wall Street Journal
AFP - Computerworld - Washington Post - eWeek
all 46 news articles

Categories: Business

UAL plans 1100 more furloughs on its way to 7000 - MSN Money

Business - 3 hours 8 min ago


UAL plans 1100 more furloughs on its way to 7000
MSN Money - 31 minutes ago
MINNEAPOLIS (AP) - United Airlines plans to furlough 1088 workers at bases around the country, according to layoff notices and the unions that represent the workers.
UAL to cut 1200 jobs as part of earlier plan Reuters
United Air to Lay Off 1190 Workers as Part of Job-Cut Plan Bloomberg
Bizjournals.com - Chicago Tribune - Crain's Chicago Business - Chicago Tribune
all 20 news articles

Categories: Business

Neuberger Team Wins Bid for Lehman Unit - Wall Street Journal

Business - 3 hours 9 min ago


Reuters

Neuberger Team Wins Bid for Lehman Unit
Wall Street Journal - 31 minutes ago
By JOHN KELL A group of managers and senior employees of Lehman Brothers Holdings Inc.'s Neuberger Berman asset-management unit won a bid to acquire a majority interest in the division in an auction held Wednesday in US Bankruptcy Court in Manhattan.
Neuberger to Be Acquired by Management MarketWatch
Lehman Investment Unit to Be Acquired by Neuberger Executives Bloomberg
The Associated Press - BusinessWeek - Reuters - guardian.co.uk
all 166 news articles

Categories: Business

Collective Brands' 3Q profits jump 86 percent - Forbes

Business - 3 hours 17 min ago


Collective Brands' 3Q profits jump 86 percent
Forbes - 40 minutes ago
By DAVID TWIDDY , 12.03.08, 05:59 PM EST Shoe retailer Collective Brands Inc. said Wednesday its third-quarter profits rose 86 percent, as it enjoyed slightly higher sales in the midst of the overall economic slowdown.
UPDATE 1-Collective Brands Q3 profit up, shares rise Reuters
Collective Brands Reports Third Quarter 2008 Financial Results MarketWatch
NTV - StreetInsider.com (subscription) - International Business Times
all 16 news articles

Categories: Business

Fed paints dreary economic picture - CNNMoney.com

Business - 3 hours 24 min ago


AFP

Fed paints dreary economic picture
CNNMoney.com - 46 minutes ago
By Ben Rooney, CNNMoney.com staff writer The holiday shopping season is off to a slow start. What is your spending strategy? NEW YORK (CNNMoney.
Fed: Economic conditions decline in Ohio, surrounding areas Bizjournals.com
Beige Book Bleak Forbes
Reuters - Bloomberg - AHN - Monsters and Critics.com
all 558 news articles

Categories: Business

UPDATE 1-Intersil cuts Q4 outlook; says CFO resigns - Reuters

Business - 3 hours 28 min ago


UPDATE 1-Intersil cuts Q4 outlook; says CFO resigns
Reuters - 51 minutes ago
Dec 3 (Reuters) - Chipmaker Intersil Corp (ISIL.O: Quote, Profile, Research, Stock Buzz) cut its fourth-quarter outlook, citing a weak economy, and said its Chief Financial Officer David Zinser resigned to pursue another opportunity, sending its shares ...
Analog Devices names new CFO MarketWatch
Intersil CFO resigns Silicon Valley / San Jose Business Journal Bizjournals.com
San Jose Mercury News - WELT ONLINE - International Business Times - MarketWatch
all 26 news articles

Categories: Business

Shareholders Flee Fortress - Forbes

Business - 3 hours 28 min ago


Pique newsmagazine

Shareholders Flee Fortress
Forbes - 51 minutes ago
Stock tanks as publicly held hedge-fund company restricts withdrawals from some of its offerings. Fortress Investment Group pulled up the portcullis on its Drawbridge funds Wednesday, but it's stock is under seige.
Fortress Halts Drawbridge Global Fund Withdrawals (Update3) Bloomberg
Fortress suspends redemptions in biggest fund MarketWatch
Reuters - Wall Street Journal - New York Times Blogs - StreetInsider.com (subscription)
all 21 news articles

Categories: Business

Freeport to Cut 20% of US Staff Amid Metals Rout (Update1) - Bloomberg

Business - 3 hours 38 min ago


RTT News

Freeport to Cut 20% of US Staff Amid Metals Rout (Update1)
Bloomberg - 1 hour ago
By Stewart Bailey Dec. 3 (Bloomberg) -- Freeport-McMoRan Copper & Gold Inc., the world’s largest publicly traded copper producer, plans to reduce its workforce in North America by about 20 percent because of lower metal prices.
Summary of mining industry's economic woes CNNMoney.com
Mining giant Freeport-McMoRan slashes more jobs The Associated Press
Forbes - guardian.co.uk - Times Online - Wall Street Journal
all 219 news articles

Categories: Business

Adobe issues disappointing outlook, will cut jobs - MarketWatch

Business - 3 hours 40 min ago


All Things D Blogs

Adobe issues disappointing outlook, will cut jobs
MarketWatch - 1 hour ago
By John Letzing, MarketWatch SAN FRANCISCO (MarketWatch) -- Adobe Systems Inc. issued preliminary results for its fiscal fourth quarter and a sales outlook for the first quarter that fell short of expectations late Wednesday, while announcing that it ...
Adobe Revenue Forecast Trails Analysts’ Estimates (Update1) Bloomberg
Adobe Plans to Cut 600 Jobs Wall Street Journal
Bizjournals.com - San Jose Mercury News - CNET News - RTT News
all 68 news articles

Categories: Business

Financial industry pushes for lower mortgage rates - The Associated Press

Business - 3 hours 45 min ago


CEP News

Financial industry pushes for lower mortgage rates
The Associated Press - 1 hour ago
WASHINGTON (AP) - Financial industry lobbyists are urging the Treasury Department to take steps to lower mortgage rates in an effort to stabilize the housing market.
Paulson considers plan to lower mortgage rates Houston Chronicle
Treasury May Seek to Cut Mortgage Rates: Report TheStreet.com
MarketWatch - Reuters - Wall Street Journal - CNBC
all 202 news articles

Categories: Business

Yahoo, CBS Radio to collaborate Silicon Valley / San Jose Business ... - Bizjournals.com

Business - 4 hours 56 min ago


AFP

Yahoo, CBS Radio to collaborate Silicon Valley / San Jose Business ...
Bizjournals.com - 2 hours ago
Yahoo Inc. said Wednesday it reached a deal for CBS Corp. to run its streaming LAUNCHcast service. Sunnyvale-based Yahoo (NASDAQ:YHOO) said LAUNCHcast Radio's 150 stations and the about 180 CBS Radio stations will merge early in 2009 and a customized ...
A radio giant rides to Yahoo's rescue CNNMoney.com
Yahoo Taps CBS Radio to Run Launchcast Service Digital Media Wire
The Associated Press - Washington Post - Los Angeles Times - CNET News
all 183 news articles

Categories: Business

President-elect, key lawmakers criticize governance of bank bailout - MarketWatch

Business - 5 hours 4 min ago


findingDulcinea

President-elect, key lawmakers criticize governance of bank bailout
MarketWatch - 2 hours ago
By Ronald D. Orol, MarketWatch WASHINGTON (MarketWatch) - President-elect Barack Obama on Wednesday joined key GOP and Democratic lawmakers in calling on Treasury Secretary Henry Paulson to provide more details about how the government is allocating ...
Paulson said weighing bailout's next $350 billion Reuters
Obama: Financial bailout must help homeowners, too The Associated Press
findingDulcinea - Wall Street Journal - Bloomberg - ProPublica
all 338 news articles

Categories: Business

FINANCIAL STOCKS Bulls outlast bears in Wednesday grudge match - MarketWatch

Business - 5 hours 9 min ago


Yahoo

FINANCIAL STOCKS Bulls outlast bears in Wednesday grudge match
MarketWatch - 2 hours ago
By Greg Morcroft, MarketWatch NEW YORK (MarketWatch) - The financial sector bulls won a dramatic tug of war with the bears Wednesday, lifting financial stocks to a higher close as rising mortgage applications and comments from an influential money ...
Lower mortgage rates fuel increase in applications Bizjournals.com
Mortgage applications rise 112% InvestmentNews
Financial Times - Kansas City Star - Bloomberg - CNNMoney.com
all 131 news articles

Categories: Business

Del Monte supplies juicer outlook - MarketWatch

Business - 5 hours 10 min ago


RTT News

Del Monte supplies juicer outlook
MarketWatch - 2 hours ago
By Matt Andrejczak, MarketWatch SAN FRANCISCO (MarketWatch) -- Shares of Del Monte Foods Co. popped 18% Wednesday after the company boosted its fiscal-year sales forecast and topped Wall Street's earnings target for the quarter.
Sold business boosts Del Monte Foods 2Q profit Forbes
Del Monte Foods shares soar on 2Q earnings beat CNNMoney.com
PetProductNews.com - Bizjournals.com - Reuters - MSN Money
all 56 news articles

Categories: Business

GM, Chrysler Win Union Concessions to Bolster Aid Bid (Update1) - Bloomberg

Business - 5 hours 17 min ago


New York Daily News

GM, Chrysler Win Union Concessions to Bolster Aid Bid (Update1)
Bloomberg - 2 hours ago
By Mike Ramsey Dec. 3 (Bloomberg) -- General Motors Corp., Ford Motor Co. and Chrysler LLC, struggling for support in Congress for aid, won money-saving union agreements to delay contributions to medical funds and suspend a program that pays laid-off ...
Video: UAW to Renegotiate Labor Terms, Modify Jobs Bank AssociatedPress
UAW Says It Would Consider Modifying Contract New York Times
Reuters - CNNMoney.com - MarketWatch - Detroit Free Press
all 1,069 news articles

Categories: Business

Harvard Endowment Falls 22%, Poised for Worst Return (Update2) - Bloomberg

Business - 5 hours 17 min ago


CollegeOTR

Harvard Endowment Falls 22%, Poised for Worst Return (Update2)
Bloomberg - 2 hours ago
By Julie Ziegler Dec. 3 (Bloomberg) -- Harvard University’s endowment decreased 22 percent, or $8 billion, in the first four months of fiscal 2009, putting the fund on course to have its worst performance in at least four decades.
Harvard's endowment plunges $8 billion Boston Globe
Harvard endowment loses 22 percent in 4 months Reuters
New York Times - MarketWatch - Wall Street Journal - The Associated Press
all 312 news articles

Categories: Business

Activision inks deal with Microsoft unit - Bizjournals.com

Business - 6 hours 47 min ago


KIDK

Activision inks deal with Microsoft unit
Bizjournals.com - 4 hours ago
Activision Blizzard Inc. has signed a deal with Microsoft Corp. subsidiary Massive Inc. allowing Massive to provide a platform for dynamic, in-game advertising for 18 of Activision's titles, including "Guitar Hero: World Tour" and "James Bond: Quantum ...
paidContent.org - Massive Installs New Leader; Seals Extended Ad ... Washington Post
Microsoft's Massive ratchets up in-game ads CNET News
Motley Fool - The Associated Press - Shacknews - Silicon Alley Insider
all 117 news articles

Categories: Business

McMoRan stock down on capex cut, dividend - guardian.co.uk

Business - 7 hours 16 min ago


Dividend.com

McMoRan stock down on capex cut, dividend
guardian.co.uk - 39 minutes ago
By Euan Rocha and Steve James NEW YORK, Dec 3 (Reuters) - Freeport-McMoRan Copper & Gold Inc suspended its dividend, slashed capital expenditure by more than half and lowered copper output because of the recent slump in metal prices and its shares fell ...
Freeport shares fall on capex cut, dividend halt CNNMoney.com
Freeport Falls After Halting Dividend, Cutting Output (Update2) Bloomberg
Reuters - MarketWatch - The Associated Press - Smartmoney.com
all 136 news articles

Categories: Business


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