Business and Finance News
North Memorial CEO ousted after prostitution arrest
Star Tribune
David Cress, the president and chief executive officer of North Memorial Health Care who was arrested and charged with engaging in prostitution, has been suspended indefinitely without pay, hospital o... Economic reports help lift stocks as Dow up 50
Star Tribune
NEW YORK - Stocks rose Thursday, extending their gains from the day before, after reports on housing, manufacturing and jobs all indicated the economy continues to grow. The Dow Jones industrial aver... Fed could do nothing to save Lehman, Bernanke says
Star Tribune
WASHINGTON - Federal Reserve Chairman Ben Bernanke on Thursday strongly rejected as "myth" suggestions that he could have saved investment bank Lehman Brothers and prevented the near-collaps... Intel Wants to Be Inside Everything
Business Week
INTC ) held a contest for college students, asking them to come up with new uses for the company's Atom processor. One proposal: a shower that regulates water temperature and plays music from the Inte... Lisa Jackson's High-Wire Act on Carbon Controls
Business Week
Early in his Presidency, Barack Obama made it clear that if Congress failed to limit carbon emissions, he would use his authority under the Clean Air Act to control greenhouse gases. Now that Congress... Business Exchange: Carbon Markets
Business Week
Carbon offset credits allow companies and governments to comply with emissions standards by buying carbon credits. Some individuals and organizations also buy credits to offset the environmental damag... Builders of N.Y. mosque face financial hurdles
MSNBC
NEW YORK — The developers planning to build a $100 million Islamic center near the World Trade Center site still have financial hurdles to clear: They haven't finished buying all the property th... Take-Two Posts Strong 3Q Beat, Boosts View
Fox Business
TTWO ) surprised the Street on Thursday, posting third-quarter results that blew analyst expectations out of the water. The company also lifted its forecast for the current year and fiscal fourth quar... Petrobras CEO: First Oil From Franco Prospect In 2015
Fox Business
Dow Jones )- Brazilian state-run energy company Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, expects first oil from the Franco prospect in 2015, Chief Executive Jose Sergio Gabrielli said Thu... Cavuto: A Fee for Garage Sales
Fox Business
Missed Thursday's Cavuto? Catch "The Deal" right here on FOXBusiness.com You know things are bad when the government's scrounging around garage sales for spare change. Here's the deal: Garage sales... Florida Consumer Sues Google Over Nexus One Smartphone
Fox Business
Google violated the Communications Act by misleading customers about the device's capabilities. The lawsuit, which seeks class-action status, was filed Tuesday in a federal court in Santa Clara, Calif... Quicksilver 3Q EPS Beat, Revenue Misses
Fox Business
ZQK ) posted better-than-expected third-quarter earnings per share, as revenue came in just shy of estimates. The apparel company forecast fourth-quarter earnings to fall in the mid-single-digits, as... Coast Guard Now Reports No Sheen Near Stricken Rig
Fox Business
LOS ANGELES -- Coast Guard officials told reporters late Thursday that they can see no oil sheen around the stricken Mariner Energy production platform 80 miles off the Louisiana coast. The rig was hi... H&R Block 1Q Beats the Street
Fox Business
HRB ) posted a better-than-expected fiscal first-quarter loss from continuing operations, as the Kansas City, Mo.-based company said it worked to cut costs during the quarter. The tax preparer said i... Colombia's ETB Shares Fall 27% As Sale Process Flops
Fox Business
Dow Jones )- Shares of Colombian state-controlled telephone company Empresa de Telecomunicaciones de Bogota SA (ETB.BO), or ETB, lost 27% Thursday after the company halted the process to sell a contro... Take-Two posts profit, raises outlook
Reuters
The New York-based company raised its outlook for the fourth quarter and said it expects to be profitable for the full fiscal year, after previously forecasting a net loss. Tougher economy has TD watching costs
Financial Post
The economic recovery in North America is losing steam and that’s going to make things tougher for banks, the head of Toronto-Dominion Bank warned Thursday.“Does the world look as good as it did f... Bell's back up over downloads
Financial Post
TORONTO -- BCE Inc.’s Bell Canada is vehemently opposing a regulatory decision this week to allow smaller Internet providers more room on its network but not because of the immediate competitive thr... AIMCo takes aim at food, energy, materials
Financial Post
CALGARY -- Alberta’s $71-billion pension fund has its eye on food, energy and materials sectors, but argues investing directly in commodities in not the best way to reap the rewards.Leo de Bever, Al...
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