Most interesting finance and busines news.
Higher gas costs drove U.S. wholesale prices up last month. But excluding the big jump in gas, inflation was mostly tame.
The Labor Department says the producer price index rose 0.4 percent in February, the most since September. The so-called “core” index, which excludes food and gas prices, increased 0.2 percent, the smallest gain in three […]
Wal-Mart, the world’s biggest retailer, can go ahead with its 17 billion rand ($2.2 billion) purchase of a controlling share of a South African chain, a South African regulatory appeals body said Friday.
The Competition Appeal Court upheld a ruling last year by the Competition Tribunal, the government agency charged with promoting competition and protecting consumers. […]
It’s boom times once again for Ohio’s manufacturing industry.
Manufacturing, the largest sector in the Buckeye State’s economy, is revving up production and employment after being hit hard by the Great Recession.
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Filed under: Canada, Uncategorized by Guru
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Las Vegas casino owner Steve Wynn unveiled details Friday of a proposed Massachusetts resort casino he hopes to develop near the home of the New England Patriots.
Wynn mailed a brochure and 20-minute DVD to thousands of Foxborough households explaining the proposal, which has met resistance from many residents who are worried that it will add […]
An inquiry into Australian media prompted by last year’s News Corp. scandal recommended on Friday better oversight of the industry and called for the establishment of a government-funded council to set and enforce journalistic standards.
The investigation was launched after Rupert Murdoch’s News Corp. closed its top-selling British tabloid, News of the World, last year over […]
Buoyant trading in Asia helped HSBC Holdings PLC, Europe’s biggest bank by market value, report a 28 percent increase in full-year profit Monday _ a marked contrast to the performance of other big British banks.
HSBC said its net profit for 2011 was $16.8 billion, up from $13.2 billion. Net operating income was 11 percent higher […]
Regulators on Friday shuttered small banks in Georgia and Minnesota, bringing to 11 the number of U.S. bank failures this year.
By this time last year, regulators had closed more than twice as many banks _ 23.
All told, 92 banks were closed in 2011, representing a sharp decline from the two previous years, when banks were […]
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For much of the 2000’s, Josh Bolten helped steer the country. Now he’ll help steer Emerson.
The Ferguson-based manufacturer said Wednesday that Bolten, who held several top posts in the George W. Bush administration, has joined its board of directors. He was White House chief of staff from 2006 until 2009, director of the Office of […]
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