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Top news - Business latest news

Top news - Business latest news


Big Oil Profits Go To Investors, Not R&D
As giant oil companies like Exxon Mobil and ConocoPhillips get set to report what will probably be another round of eye-popping quarterly profits, just where is all that money going?
CBS News Tuesday, July 22, 2008

Social Security unveils new earnings calculator
People planning for retirement got a new tool this week: a fast and easy online estimator for their social Security benefits.
MSNBC.com Tuesday, July 22, 2008

GM touts fuel efficency in ... new Camaro
General Motors' Chevrolet unveiled its 2010 Camaro on Monday, bringing back to life the iconic sports car it retired in 2002, but with a focus on fuel efficiency.
MSNBC.com Tuesday, July 22, 2008

Paulson: Housing Correction in 'Months'
The Treasury Secretary thinks it will take just months, not years, for house prices to stabilize and most excesses to be washed away
BusinessWeek Tuesday, July 22, 2008

Telecom gear makers anticipate windfall
Winners of new wireless licences will need to spend billions more to upgrade or build from scratch their high-speed networks
The Globe and Mail Tuesday, July 22, 2008

Huntsman shareholder files suit against Hexion
A Huntsman Corp. shareholder has launched her own offensive against Hexion Specialty Chemicals' attempt to back out of its agreement to acquire the Utah-based chemicals conglomerate.
The Salt Lake Tribune Tuesday, July 22, 2008

Fannie, Freddie books under inspection - report
Bank examiners from the Federal Reserve and the Comptroller of the Currency are scrutinizing the books of U.S. mortgage finance giants Fannie Mae and Freddie Mac, according to a published report.
CNN Money Tuesday, July 22, 2008

Yahoo's future still unclear despite truce with Icahn
Board nomination of former AOL boss revives talk of tie-up with Time Warner unit
The Globe and Mail Tuesday, July 22, 2008

Face-Off For StudiVZ
German Web site doesn't deny it's similar to Facebook, but accuses rival of trying to create monopoly over social networking sites.
Forbes Tuesday, July 22, 2008

Bush Prods Congress, as Financers Are Inspected
Treasury Secretary Henry M. Paulson Jr. said examiners are inspecting the books of Fannie Mae and Freddie Mac.
The New York Times Tuesday, July 22, 2008

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