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Business - Top Stories latest news

Business - Top Stories latest news


Employers 'cut back recruitment'
Demand for permanent staff in the UK fell in June for the first time in five years, a report suggests
BBC Tuesday, July 08, 2008

Yahoo: Icahn's Eager-Seller Tactics
The billionaire investor has lured Microsoft back to the table, but lack of an alternative Yahoo strategy could result in a lower price
BusinessWeek Tuesday, July 08, 2008

Fed's Yellen says stability is top priority
Janet Yellen, president of the San Francisco Federal Reserve Bank, spoke at a conference Monday at UC San Diego and gave the clearest indication yet of the Fed's top economic priority. WHAT SHE SAID: The Federal Reserve "cannot and will not allow a wage-price...
San Francisco Chronicle Tuesday, July 08, 2008

As auto sales drop, GM may try to shed some hefty brands / But interest in Buick, Saturn and Saab expected to be low
General Motors Corp. is reviewing its brands and may try to jettison some to raise money as it burns through cash at an alarming rate. But industry analysts say buyer interest in the brands most likely to be sold - Buick, Hummer, Saab and Saturn - may be low...
San Francisco Chronicle Tuesday, July 08, 2008

Insurance firm in crosshairs / Anthem Blue Cross may be hit with stiffer fines
California health insurance regulators are scrutinizing 1,770 patient policies canceled by Anthem Blue Cross to see if they can impose a penalty stiffer than a $1 million fine they announced but never enforced last year. Each case of a canceled policy carries...
San Francisco Chronicle Tuesday, July 08, 2008

Oil prices holds steady after sharp $4 drop
Oil held steady Tuesday in Asia as a weaker dollar and renewed buying interest helped support prices after a plunge of nearly $4 in the previous session. Monday's sharp drop was driven by easing concerns over potential supply disruptions but analysts warned...
San Francisco Chronicle Tuesday, July 08, 2008

US exports to Iran increase in Bush years
U.S. exports to Iran grew more than tenfold during president bush's years in office even as he accused Iran of nuclear ambitions and helping terrorists. America sent more cigarettes to Iran _ at least $158 million worth under Bush _ than any other products....
San Francisco Chronicle Tuesday, July 08, 2008

Farmers in southern Kansas eager to harvest wheat
Jerry McReynolds usually cuts his own wheat fields. But not this year. After a volatile spring of heavy rains, widespread hail and tornadoes, the Woodston farmer wanted to get his crop cut quickly. "I got some custom cutters to help me finish," McReynolds...
San Francisco Chronicle Tuesday, July 08, 2008

G8: Oil prices pose risk to world economy
Leaders of the Group of Eight nations expressed long-term optimism Tuesday about their economies. They also expressed concern over high commodity prices, including the prices of food and oil.
CNN Money Tuesday, July 08, 2008

The Fed finds its missing link
Elizabeth "Betsy" Duke, the newest addition to the Federal Reserve's chief policymaking group, is a lifelong commercial banker who many Fed watchers hope can balance out a board riven by inflation pressures, a weakened wall street, and a slowing economy.
CNN Money Tuesday, July 08, 2008

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