Business and Finance News
Food prices push up China's inflation to 4.5 per cent
Calcutta News.Net
BEIJING China's inflation rose to 4.5 per cent in January with soaring food prices contributing significantly to the reversal of a five month trend of easing prices.
Inflation in December was ... US stocks little changed after Greece deal
Calcutta News.Net
US stocks traded in a very narrow range around the breakeven line Thursday as investors felt little thrilled after Greek political leaders had agreed on austerity cuts after a dangerous ... BG Group aggressive on LNG growth prospects
Calcutta News.Net
LONDON - Oil and gas major BG Group plans to capitalise on strong global demand for liquefied natural gas to boost investments and growth prospects, the company said Thursday announcing $8.209 ... Greece bailout: Ruling coalition fails to strike deal
Calcutta News.Net
ATHENS - Greek Prime Minister Lucas Papademos has failed to garner support from his coalition partners for new austerity measures, necessary for a crucial 130 billion euros European Union bailout ... Murdoch's News Corp earns 65 per cent profit
Calcutta News.Net
NEW YORK - Profits of Rupert Murdoch's News Corporation have risen sharply by 65 per cent in the quarter ending December, despite an ongoing investigations into the closure of the 'News of the ... Food prices push up China's inflation to 4.5 per cent
Calcutta News.Net
BEIJING - China's inflation rose to 4.5 per cent in January with soaring food prices contributing significantly to the reversal of a five month trend of easing prices.
Inflation in December was ...  German exports hit a record of trillion euros
Calcutta News.Net
BERLIN - German exports have grown 11.4 per cent to top one trillion euros in 2011 but a sharp decline towards the end of the year has triggered fears in Europe's biggest economy, according to fresh ... Kodak to stop making cameras, digital frames
Washington Times
Kodak Co. said Thursday it will stop making digital cameras, pocket video cameras and digital picture frames, marking the end of an era for the company that brought photography to the masses more ... Kodak to stop making cameras
West Australian
Eastman Kodak says it will stop making digital cameras, pocket video cameras and digital picture frames, marking the end of an era for the company that brought photography to the masses more than a ... Hotai Motor`s Pretax Earnings Up 33% in 2011
Taiwan Headlines
Taipei, Feb. 9, 2012 (CENS)--Hotai Motor Co. Ltd., local general agent of Toyotas and Lexus and the long-term No. 1 dealer in Taiwan, registered pretax earnings of NT$7.4 billion (US$246.6 million) ... Kodak to stop making cameras
The Globe And Mail
Eastman Kodak Co., the inventor of the hand-held camera, plans to stop making digital cameras, pocket video cameras and digital picture frames in the first half of 2012 in a bid to cut costs.The ... Data center construction strong
Star Tribune
Here's a bright spot in commercial real estate: Construction of data centers. This, according to Golden Valley-based Mortenson Construction. A recent report done by the firm notes the ... Prudential sacks, sues its 'Agent of the Year'
Star Tribune
Four days after being named "Agent of the Year," St. Louis Park insurance salesman Terry Sandvold was sacked last month by his longtime agency, The Prudential Insurance Agency of America. ... Hecker moved to a higher security prison in Wisconsin
Star Tribune
Denny Hecker addressed the media outside of ?the U.S. Court House in Minneapolis on Thursday afternoon. Hecker pleaded not guilty Thursday afternoon to federal charges that he defrauded Chrysler ... New Canada-to-Iron Range power line proposed
Star Tribune
Minnesota Power said Thursday that it plans to construct a new transmission line from Winnipeg to bring hydropower to its customers in northern Minnesota. The Duluth-based company, a division of ... Calpine nixes Mankato plant sale
Star Tribune
Houston-based energy giant Calpine Corp. has reportedly shelved plans to sell its natural gas plant in Mankato. The company told the Mankato Free Press that it could not find a buyer with an ... Kodak to stop making cameras, digital frames
San Francisco Chronicle
(02-09) 08:08 PST Rochester, N.Y. (AP) -- Eastman Kodak Co. said Thursday that it will stop making digital cameras, pocket video cameras and digital picture frames, marking the end of an era for ... Groupon stock plunges on growth worries
San Diego Union-Tribune
NEW YORK -; Groupon had a lot to prove with its first earnings report as a public company. The 12 percent slide in its stock Thursday suggests investors wanted more. The online deals site on ... Wholesale inventories rose 1 percent in December
San Diego Union-Tribune
In this Feb. 7, 2012 photo, Costco members pump gas outside a Costco Wholesale store in West Homestead, Pa. Wholesale businesses increased their stockpiles sharply in December although the gains are ... Calif. to get $18 billion in U.S. mortgage deal
San Diego Union-Tribune
FAQ for borrowers on CA's $18B deal with banks California is set to get $18 billion in a multi-state mortgage deal with the nation's largest lenders, said Attorney General Kamala ... Oracle to pay $1.9B for personnel software co.
San Diego Union-Tribune
NEW YORK -; Oracle is paying $1.9 billion for Taleo Corp., a company that helps businesses manage their employees. The planned purchase of Taleo extends Oracle's offerings in the growing ... Kodak to stop making cameras, digital frames
San Diego Union-Tribune
In this Jan. 5, 2012 photo, a Kodak Easyshare digital camera is displayed at B&H Photo & Video, in New York. Eastman Kodak Co. said Thursday, Feb. 9, 2012, it will stop making digital ... Some doubtful of U.S. mortgage deal with banks
San Diego Union-Tribune
Calif. will receive $18 billion in U.S. mortgage settlement Major news outlets reported Wednesday night that two key states, California and New York, are set to sign onto a historic mortgage ... Kodak to stop making cameras
SBS
Eastman Kodak says it will stop making digital cameras, pocket video cameras and digital picture frames, marking the end of an era for the company that brought photography to the masses more than a ... Apple to launch iPad3 in March
New York Post
CUPERTINO, Calif. -- Apple will hold an event in March to launch its next iPad, AllThingsDigital reported Thursday, citing sources.Sources said the company has chosen the first week in March to ... Mets owners seek help from Supreme Court
New York Post
WASHINGTON - The owners of the Mets want the Supreme Court to get involved in their attempt to recover money from Bernard Madoff’s Ponzi scheme. Sterling Equities Associates, which owns the ... Pair of Ford execs to retire, Huntsman to join board
New York Post
DEARBORN, Mich. -- Ford announced Thursday the retirement of Lewis Booth, its chief financial officer, as well as global products chief Derrick Kuzak.Dearborn, Mich.-based Ford also unveiled the ... Weekly jobless claims fall 15K, better than expected
New York Post
WASHINGTON -- The number of Americans filing initial claims for state unemployment benefits fell by 15,000 to a seasonally-adjusted 358,000, the Labor Department said Thursday.A survey of economists ... NY AG joins $25B foreclosure settlement
New York Post
After 16 months of heated negotiations and arm-twisting, state and federal officials did it: They reached an agreement that could bring some financial relief to millions of homeowners whose ... Caesars selling properties to raise $500 million
New York Post
EXCLUSIVE Caesars Entertainment shares soared 71 percent in their debut yesterday - but quietly, behind the glitz, America’s largest casino chain is selling some properties to raise $500 ... Groupon Earnings Report Disappoints Investors
NPR
February 9, 2012 Groupon was expected to show a profit in its first earnings report since going public last fall. Instead, the company booked a net loss of about eight cents a share last quarter. ... Kodak moments are coming to an end
MSNBC
The company that invented home photography has tossed in the towel on it.Eastman Kodak, the bankrupt inventor of the hand-held camera, plans to stop making digital cameras, pocket video cameras and ...
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