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FINANCE
Today's Business Headlines
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Aftershocks rattle quake-hit NZ city
September 6th, 2010, 12:47 am
More than 20 aftershocks, the strongest with a magnitude of 4.8, were felt through Monday, sending already loose masonry and bricks in damaged buildings crashing into the streets. However, despite early estimates of a NZ$2 billion ($1.4 billion) repair bill, financial markets were little affected ...

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Obama launches big week on economy
September 5th, 2010, 10:13 pm
WASHINGTON (Reuters) - President Barack Obama launches several economic initiatives this week aimed at generating some desperately needed U.S. job growth and limiting predicted Democratic losses in November 2 congressional elections. Struggling to persuade Americans that his economic policies are ...

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MADRID (Reuters) - The Basque rebel group ETA called a halt to armed attacks on Sunday but the government said the declaration was not enough and urged the weakened organization to renounce violence once and for all. The group, which has killed more than 850 people in half a century of armed ...

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The source said a final decision has not yet been made. Oracle was not immediately available for a comment. Hurd resigned on August 6, after a probe into sexual harassment allegations. HP said he filed inaccurate expense reports related to Jodie Fisher, a marketing contractor who worked for Hurd's ...

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ISLAMABAD (Reuters) - Pro-Taliban Pakistani militants are trying to create a sectarian rift, Interior Minister Rehman Malik said on Saturday, as a new wave of violence piled pressure on a government already struggling with a flood crisis. The Pakistani Taliban claimed responsibility for bomb ...

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NEW YORK/DETROIT (Reuters) - The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said. Subsequent offerings of the government's holdings may be profitable depending on how ...

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WASHINGTON (Reuters) - President Barack Obama, previewing a big push on the U.S. economy next week, on Saturday defended policies that he said "have stopped the bleeding" and put the middle class on the road to recovery. Obama, struggling to bring down the 9.6 percent jobless rate, is to ...

Last year, Craigslist replaced its "erotic services" ads with a new "adult" category it said would be closely screened. The move came after a masseuse who offered her services on Craigslist was killed and a client was charged with her murder. The man charged in the case ...

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WASHINGTON (Reuters) - President Barack Obama said on Friday he would outline new measures next week to boost the U.S. economy, but analysts were skeptical he would be able to deliver a big enough package to lift growth significantly. Obama made his remarks after August data showed that jobs -- ...

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HOUSTON (Reuters) - BP Plc successfully replaced a failed blowout preventer from atop its ruptured Gulf of Mexico oil well late on Friday, the top U.S. official overseeing the spill response said. Retired Coast Guard Admiral Thad Allen called the equipment switch "an important milestone" ...