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Business - Top Stories latest news

Business - Top Stories latest news




U.S. stops filling oil reserve / Move fails to halt rising crude prices, which hit record $126.29 a barrel
Bowing to pressure from Congress, the Energy Department said Friday that it would temporarily suspend a program to fill the U.S. strategic oil stocks. But the move, which some analysts and politicians had hoped would help break the rally in oil prices, failed...
San Francisco Chronicle Saturday, May 17, 2008

Orange to help Apple expand iPhones overseas
In the latest agreement to put the iPhone in the hands of international users, France's Orange said Friday that it has signed a deal to offer the popular smart phone in parts of Europe, the Middle East and Africa. Apple Inc.'s iPhone has become so popular...
San Francisco Chronicle Saturday, May 17, 2008

State's unemployment rate holds steady
California's job picture was little changed in April as the state lost 800 jobs outside the farm sector after seasonal adjustment. The unemployment rate stayed steady at 6.2 percent, the state Employment Development Department reported Friday. The tiny drop...
San Francisco Chronicle Saturday, May 17, 2008

Walsh waives £700k as BA sees profits take off
BRITISH Airways has posted its first dividend since before the 9/11 terrorist attacks, as chief executive Willie Walsh yesterday waived his £700,000 bonus due to the Terminal
Scotsman Saturday, May 17, 2008

£56m profit as HBOS sells last of its stake in Rightmove website
THERE was further turmoil in the housing market yesterday as HBOS off-loaded its 13 per cent stake in property website Rightmove for more than £50 million.
Scotsman Saturday, May 17, 2008

City Wharf deal to bring in £3m for Sigma Capital
EDINBURGH-BASED investment house Sigma Capital Group is set to bank more than £3 million after completing its seventh property acquisition.
Scotsman Saturday, May 17, 2008

New leaders unlikely to ease US-Russian tensions
Russia's new president has promised the kind of democratic change that Washington advocated during predecessor Vladimir Putin's tenure. At the same time, all the candidates to succeed president bush have promised a break from a foreign policy that Moscow has...
San Francisco Chronicle Saturday, May 17, 2008

Summer may bring a turning point for stock market
After nine months of turmoil that started with the collapse of the subprime mortgage market, wall street appears to be at a turning point of sorts. The data of the past few weeks have given investors some hope that the worst of the credit crisis has passed,...
San Francisco Chronicle Saturday, May 17, 2008

Fresh worries for farmers
It's boom time in farm country, but creeping inflation and larger risks bring fresh worry for farmers and consumers. Everything from the production of ethanol to the price of steak is in play.
Startribune.com Saturday, May 17, 2008

Budget cuts threatening internship program
Minneapolis' Step-Up program, which places hundreds of high schoolers in jobs, may be hobbled by the slower economy.
Startribune.com Saturday, May 17, 2008

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April 2008
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