Thursday, September 30, 2010

Google Alert - finance

News10 new results for finance
 
US Postal Service loses bid to raise rates
Reuters
WASHINGTON (Reuters) - US regulators on Thursday denied the beleaguered Postal Service an average 5.6 percent rate increase it had requested to help its financially ailing operations cope with the impact of the recession. ...
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CORRECTED - UPDATE 1-AIG exit plan to slash US bailout costs-official
Reuters
The marriage of UAL and Continental will be official as early as this week, but the honeymoon will be fleeting as the carriers confront the monumental task of blending 87000 employees into one workforce. Full Article | Related Story By David Lawder ...
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Fisher-Price recalls 10 million items
Los Angeles Times
Toddler tricycles, high chairs and toy cars are included in the four kinds of products in the year's biggest safety recall so far. By Andrea Chang, Los Angeles Times Toy maker Fisher-Price, a unit of El Segundo-based Mattel Inc., said Thursday that it ...
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US mortgage bond issuance leaps year to date
Reuters
NEW YORK, Sept 30 (Reuters) - US mortgage-backed securities issuance jumped in the first nine months of 2010 from the same period a year earlier as credit markets loosened up and investors' risk appetite improved, a keenly watched survey showed on ...
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FDA unaware of 'phantom' J&J recall
CBC.ca
Johnson and Johnson hired contract workers in the spring of 2009 to buy up thousands of bottles of Motrin instead of issuing a recall of the defective product, an action for which the company's chief executive has apologized. ...
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Novartis to pay $422.5 million for off-label marketing
Reuters
By Jon Hurdle and Bill Berkrot PHILADELPHIA/NEW YORK (Reuters) - Swiss drugmaker Novartis AG will plead guilty and pay a total of $422.5 million to settle criminal and civil charges of improperly marketing its epilepsy drug Trileptal, the US government ...
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Interior Secretary Announces Drilling-Safety Rules
Wall Street Journal
By Siobhan Hughes and Tennille Tracy Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--US Interior Secretary Ken Salazar on Thursday announced long-expected offshore-drilling and workplace-safety rules and said the requirements are the first in a wave of ...
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Love It or Hate It (Most Do), TARP Didn't Bust the Bank
BusinessWeek
By Rebecca Christie Bailed-out banks, insurers, and automakers are a sore spot for millions of Americans hit hard by the financial crisis. Candidates running in November, especially those waving the Tea Party banner, are using "no more bailouts" as ...
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Dollar Thrifty Shareholders Vote Against Hertz Offer
Bloomberg
By Mark Clothier - Thu Sep 30 19:36:16 GMT 2010 Dollar Thrifty Chairman Thomas Capo, center, and Chief Executive Officer Scott Thompson attend the special shareholders meeting. Photographer: Tim Boyle/Bloomberg The vote at the special meeting in ...
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Transatlantic differences split debate on banks
Financial Times
By Gillian Tett What would happen if a big (or mid-sized) bank were to go bust today? At the start of this year, some policymakers and investors might have thought the question was becoming more academic, as the worst of the financial crisis appeared ...
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