Business and Finance News
 BP scaling back oil response efforts
Baltimore News.Net
BP will begin scaling back its oil containment efforts, CEO-elect Robert Dudley told reporters on his first trip to the Gulf since the board vote.
 Unemployment soaring for Spain
Baltimore News.Net
Spain's economy continues to take a hammering with the latest unemployment figures showing the highest levels in thirteen years.
Microsoft to challenge Yahoo Japan-Google deal
Business Journal
's search and advertising technology should be blocked. “We plan to present evidence to the Japanese FTC explaining why we believe that this deal is substantially more harmful to competitio...
It’s a recovery -- nod, nod, wink, wink
Financial Post
This time last summer, the idea of an American Idle reality TV series caught our fancy. Unfortunately, the show, if it were a reality and not a jest, could go into its second season this fall, along w...
Insurance fraud rears its ugly head
Financial Post
The good news is automobile insurance in Ontario will not go up much under new rules that come into effect on Sept. 1, and might even go down slightly.The bad news is you are about to get less coverag...
Obama Slams GOP's "Do-Nothing Policies"
CBS News
President Barack Obama places his order for a submarine sandwich with Carl Padavano, before meeting with small business owners at the Tastee Sub Shop in Edison, N.J. on Wednesday.
Microsoft to challenge Yahoo Japan-Google deal
Silicon Valley/San Jose Business Journal
's search and advertising technology should be blocked. “We plan to present evidence to the Japanese FTC explaining why we believe that this deal is substantially more harmful to competitio...
Dity Dozen: 12 Work-From-Home Schemes
ABCNews
Ellie Kay has ways to avoid the growing number of work-from-home scams. In July 2008 Teresa Yeast, of Platea, Pa., heard about Darling Angel Pin Creations through her sister who saw an ad in a local ...
Eurazeo Picks Carlyle for Exclusive Talks on B&B
Business Week
July 31 (Bloomberg) -- Eurazeo SA, France’s largest publicly traded private equity firm, said it’s in exclusive talks to sell B&B Hotels, the budget chain it bought five years ago, to ...
When Double Dippers Become Economic Party Poopers
ABCNews
They're a minority, but a vocal one, and they're hovering like storm clouds over a brittle recovery. They're the Double Dippers — the politicians, economists and analysts who foresee back-to-back...
Wall St faces volatile week with jobs report
Times of India
NEW YORK: US stocks are expected to face a volatile week as Wall Street awaits a key government jobs report expected to show unemployment at elevated levels. The government will release the Jul...
AP EXCLUSIVE: Salazar Tours Rigs, Keeps Drill Ban
ABCNews
The helicopter passes over the blue waters of the Gulf of Mexico — with surprisingly little oil visible on its surface — when out of the sea rises a skyscraper-like structure nearly 350 feet above...
Coal India IPO likely between Oct 18-21
Times Of India
KOLKATA: The country's largest coal producer, Coal India Limited (CIL), expects to make its maiden public offering of shares between October 18 and 21, a top official said on Saturday. "Our IPO ...
China No. 2 eco, topples Japan
Times Of India
BEIJING: China has overtaken Japan to become the world's second-largest economy, the fruit of three decades of rapid growth that has lifted hundreds of millions of people out of poverty. Dependi...
Obama: Republicans holding small businesses "hostage"
Fox Business
By Ross Colvin WASHINGTON (Reuters) - U.S. President Barack Obama Saturday accused Republicans of holding American small businesses "hostage to politics" after Republican senators refused to back...
ICICI Bank Profit up 17 Percent on Better Loans
ABCNews
ICICI Bank, India's largest private sector bank, said quarterly profit rose 17 percent as it cut costs and eliminated bad loans amid revived credit demand in India's growing economy. Net profit in ...
Obama Decries GOP Over Small Business Lending Bill
ABCNews
President Barack Obama waves as he exits Air Force One at Andrews Air Force Base, Md., Friday, July 30, 2010, after returning from a trip to Michigan. (AP Photo/Cliff Owen) (AP) President Barack Obama...
Poles Hope Deadly Knights Will Now Bring Some Good
ABCNews
They were bloody medieval warriors who spread Catholicism by the sword and seized Polish lands with great cruelty. But that's not stopping the Polish city of Kwidzyn from capitalizing on the aura surr...
ATF prices to go up by 2.7% from midnight
Times Of India
NEW DELHI: State-owned oil firms today raised jet fuel, or ATF, prices by 2.7 per cent after lowering the rates at the last fortnightly revision on July 16. Aviation Turbine Fuel (ATF) rates in ...
Jamaica sells 3 sugar plants to China's Complant
Fox Business
July 31, 2010 KINGSTON (Reuters) - China National Complete Plant Import & Export Co Ltd signed a US$9 million agreement on Friday to buy three Jamaican government-owned sugar factories. Jama...
BP may sell German gas stations for $2.6 billion
Reuters
VIENNA (Reuters) - BP Plc is seeking to sell its German petrol station chain Aral for around 2 billion euros ($2.6 billion), German magazine Wirtschaftswoche reported on Saturday, citing investment ba...
Video: Raging Wildfire in So. Calif.
CBS News
A wall of flames roared through the hills just outside Los Angeles Thursday night, as fire officials continue to fight to control the blaze. Ben Tracy reports from Palmdale, Calif.
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