Business and Finance News
 Chinese cars to be built in US
The Sydney News.Net
The Los Angeles Business Journal has reported that Chinese car maker BYD may build an assembly plant in Los Angeles County. Eurotunnel results show a profit
The Sydney News.Net
Eurotunnel has announced a profit of 1.4 million euros for last year, despite the weather, a fire in the tunnel and poor economic conditions.  Iceland votes not to hold referendum
The Sydney News.Net
Icelanders have voted overwhelmingly against a referendum to allow taxpayers money to be used to repay international debts.  Chinese passenger cars in strong demand
The Sydney News.Net
Chinese passenger car sales have climbed 55 percent from February 2009, with strong demand for smaller cars and four wheel drive vehicles. US stocks gain on financial firms
The Sydney News.Net
Major US stock indices posted mild gains Tuesday, led by troubled financial firms bailed out by the US government in the past year. Microsoft takes on iPlayer with MSN Video
The Guardian
iPlayer – but including 30-second adverts before, during and after each programme.The iPlayer, which like the original BBC content has no ads, is one of the most popular websites in the UK, allowing... Charles Allen: Career highs and lows
Guardian
Charles Allen is a hard man to keep down. During his career he has been derided as an "upstart caterer", dismissed as little more than a "Scottish accountant", forced to eat humble pie by a knitted mo... The debt that lies beneath | Dan Roberts
Guardian
Signs of the times: the future of the housing market remains uncertain. Photograph: Christopher Furlong/Getty Images When the nation's top financial watchdog tells banks to brace themselves for a wo... Eastman Kodak tender offer expires
The Seattle Times
ROCHESTER, N.Y. — Eastman Kodak Co. said Wednesday its tender offer to buy up to $200 million of its outstanding 7.25 percent senior notes due 2013 has expired. The company said about $220 mill... Aditya Birla Retail to rope in investor
Times Of India
MUMBAI: Kumar Mangalam Birla's retail venture, Aditya Birla Retail, is reportedly open to roping in a financial investor to fund its expansion plans. Even though the company declined comment, it is... House OKs ’09 tax break for Chile gifts
MSNBC
WASHINGTON - The House has passed a bill that would allow taxpayers to write off charitable donations to Chile earthquake relief efforts when they file their 2009 taxes this spring. ‘Material Girl’ launching new line at Macy’s
MSNBC
MG Icon, a newly formed venture between the pop star and Iconix Brand Group Inc., announced a licensing agreement Wednesday with Macy's for an exclusive new line of teen clothing that will be in 200 s... The demise of boutique bank Pali Capital
MSNBC
Pali Capital, a boutique firm specializing in derivatives and fixed-income trading, was one of the few financial outfits hiring traders and bankers — often from the likes of imploding Wall Street be... Payroll tax hike hits small businesses
MSNBC
CHICAGO - Indiana small business owner Mike Hutson is facing a wakeup call when payroll taxes come due in April. Hutson's bill is set to triple as record-high numbers of unemployed workers claim benef... Pompey axe 85 jobs to cut costs
BBC
The administrators of Portsmouth have started to make employees redundant, with 85 people losing their jobs.Administrator Andrew Andronikou said no players were being made redundant as they were the &... Microsoft looks to 'Elevate' California
CNet
announced by Microsoft a year ago as the country was gripped by recession, with Washington state as the first government partner. Since then, other states have slowly been coming on board. Seven stat... Regulators Honing in on Size of BofA
Fox Business
BAC ) are coming under increasing pressure to downsize the firm as federal regulators seek to prevent large, cumbersome financial institutions from once again tanking the financial system as they di... GAP Wants Your Old Jeans
Fox Business
GPS ) is going green with a little help from your blues… blue jeans and denim, that is. Gap and Cotton Inc. are working together to take your used denim and turn them into UltraTouch Natural Cotto... 7 credit card disasters who became credit masters
Fox Business
Repaying big credit card balances is hard enough, but remaining debt-free can be even more of a challenge. The best advice on how to stay debt-free comes from people who have climbed their way ou... Treasury Receives Record Bids For 10-year Notes
Fox Business
NEW YORK -- The Treasury Department sold $21 billion in 10-year notes on Wednesday at a yield of 3.735%.The auction is a reopening, meaning the debt sold will carry the same coupon and maturity date ... Gold, Metals Turn Lower Along With Oil
Fox Business
NEW YORK -- Gold and metals futures turned lower on Wednesday, losing early momentum provided by strong Chinese import data and tracking a move in crude oil. Gold for April delivery was last down $16... Lexmark Stock Rebound Follows Moves Up Market
Fox Business
SAN FRANCISCO -- For too long, Lexmark International Group Inc.'s shares seemed to run parallel to the prices of its personal printers -- cheap and falling. That's started to change.Lexmark's stock h... Five Democrat Senators Introduce Volcker Rule Bill
Fox Business
WASHINGTON - Big commercial banks would be barred from speculative investments in stocks and derivatives and prohibited from owning hedge funds or private equity firms, according to legislation intro... Oil Turns Lower After Failing To Breach 2010 Highs
Fox Business
NEW YORK -- Crude oil futures turned lower on Wednesday, after a move towards crude's highest level of 2010 failed to hold in light of a continued weak picture for U.S. demand. Crude oil for April de... Stocks Trim Advance As Equities Stay In Range
Fox Business
NEW YORK -- U.S. stocks pared their gains Wednesday, as investors reverted to the indecisive trading pattern of recent days. "Don't be surprised by a range the next few days as the market consolidate... Wider "Volcker rule" bill unveiled in Senate
Reuters
(Reuters) - Legislation that would write into law and widen the proposed "Volcker rule" to limit proprietary trading was unveiled in the U.S. Senate on Wednesday with the support of five Democratic se... Citi, AIG, leap with other bailed-out firms
Reuters
Citi option volume also heated up on Wednesday, and was four times greater than usual in midday trading. In all, about 1.13 million calls and 350,000 puts changed hands, according to option analytics ... Viterra to buy pasta maker in US$240-million deal
Financial Post
Viterra Inc. says it will buy Viterra says it will buy Dakota Growers Pasta Co. Inc., the third-largest dry pasta producer and one of the largest durum wheat mills in North America. Another runaway Toyota Prius reported
Financial Post
DETROIT -- Federal regulators said they were looking into a report of another runaway Toyota Prius, this one in Westchester County, New York, where police said a woman pulling out of a driveway zoomed... Google Maps offers cyclist directions in the U.S.
Financial Post
Cycling By Meghan Housley Cyclists in some American cities can now make their way from A to B without having to guess which route provides designated bike space or will be kindest on their quads. Goo... Terra tells Yara that CF bid superior
Financial Post
Terra has given notice to Yara of its intention to terminate their agreement, and Yara has five business days to make an offer that’s at least as favourable as CF’s proposal. Solazyme signs deal with Unilever
Business Journal
Solazyme CEO Jonathan Wolfson (left) and President Harrison Dillon want to have their algae oil for transportation fuels, personal care products, and eat it, too.
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