Friday, November 5, 2010

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Reactions to October payrolls report
MarketWatch
By MarketWatch WASHINGTON (MarketWatch) — The following are reactions from lawmakers and economists to the October jobs report, which showed that nonfarm payrolls rose by 151000 and the nation's unemployment rate held steady at 9.6%. ...
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Pending US Home Resales Unexpectedly Fell 1.8% in September, Index Shows
Bloomberg
By Courtney Schlisserman - Fri Nov 05 16:30:00 GMT 2010 Pending sales of US existing homes unexpectedly declined in September, a sign the housing market will take a long time to mend. The National Association of Realtors' index of pending home resales ...
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Sprint Sees Substantial Impact If Clearwire Defaults
Wall Street Journal
By Roger Cheng Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Sprint Nextel Corp. (S) disclosed on Friday that it faces the risk of an adverse impact involving its majority stake in Clearwire Corp. (CLWR) if the cash-starved, next-generation wireless ...
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Qantas 747 Lands With Engine Fault a Day After Airbus Blowout
Bloomberg
By Anand Krishnamoorthy - Fri Nov 05 16:57:52 GMT 2010 A Qantas Airways Ltd. Boeing Co. 747 jumbo jet returned to Singapore with an engine problem, a day after an exploded turbine forced an Airbus SAS A380 operated by the Australian carrier to make an ...
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Gold Rises to Record on Bets Dollar to Falter; Silver Advances
BusinessWeek
By Pham-Duy Nguyen Nov. 5 (Bloomberg) -- Gold rose to a record on bets the Federal Reserve's stimulus plan to bolster the US economy will erode the value of the dollar, boosting demand for precious metals as alternative assets. ...
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AT&T U-verse customers lose Scripps Networks programs
Reuters
NEW YORK (Reuters) - AT&T Inc's 2.7 million U-verse television customers lost access on Friday to Scripps Networks' popular channels like the Food Network after negotiations over programing fees collapsed. AT&T U-verse claims that Scripps, ...
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Starbucks-Kraft spat could shake up single-cup coffee market
MarketWatch
By Matt Andrejczak, MarketWatch SAN FRANCISCO (MarketWatch) — Starbucks Corp. wants to part ways with Kraft Foods Inc., a move that could shake up the single-cup coffee market in US grocery stores. Late Thursday, Starbucks (NASDAQ:SBUX) said it wants ...
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BMW to Make Hybrid Sports Car
Wall Street Journal
By CHRISTOPH RAUWALD LEIPZIG, Germany—German car maker BMW AG said Friday it will start series production of a new plug-in hybrid sports car in 2013, to be based on the Vision EfficientDynamics Concept car shown at the Frankfurt auto show in September ...
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Treasuries Drop, Stocks Fluctuate, Dollar Gains After Jobs Data
BusinessWeek
By Michael P. Regan and Rita Nazareth Nov. 5 (Bloomberg) -- Treasuries fell, with five-year note yields rising for the first time in seven days, and the dollar strengthened as jobs growth bolstered optimism in the economy. US stocks fluctuated after a ...
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