Business News Headline - 24 August, 2008

[logo] Yahoo! News: Business   more  xml  hide  
Last updated: Sun, 24 Aug 2008 22:06:35 EST

Bernanke looks for new regulatory approach (Reuters) » Full Story

Chairman of the Federal Reserve Ben Bernanke reports his Monetary Policy Report before the U.S. Senate Banking Committee on Capitol Hill in Washington in this July 15, 2008 file photo. (Larry Downing/Reuters)Reuters - U.S. Federal Reserve Chairman Ben Bernanke's suggestion that financial supervision be revamped to take into account the health of the entire system is a logical response to recent market turmoil, but may be a difficult concept to execute.




Union rejects Boeing's wage increase offer as "insulting" (Reuters) » Full Story
Reuters - Boeing Co. offered its largest workers' union wage increases and other incentives for a new labor contract, but the union called the proposals "insulting" and stepped up its threat to go on strike in early September.

View of economy somber from Fed mountain retreat (Reuters) » Full Story

(L-R) Federal Reserve Chairman Ben Bernanke, New York Federal Reserve President Tim Geithner and Federal Reserve Vice Chairman Donald Kohn take a walk for a photo opportunity during the Annual Economic Symposium in Jackson Hole, Wyoming, August 22, 2008. (Bradly J. Boner/Reuters)Reuters - A towering grizzly bear guards the doorway to the Federal Reserve's annual policy retreat in this Teton Mountain resort, serving a reminder to central bankers of the battle to sooth the credit crunch.





[logo] Google News - Business   more  xml  hide  
Last updated: Sun, 24 Aug 2008 22:06:35 EST

At the Fed, a Debate Over Countering Inflation Grows Louder - New York Times » Full Story

CTV.ca

At the Fed, a Debate Over Countering Inflation Grows Louder
New York Times - 4 hours ago
By LOUIS UCHITELLE JACKSON HOLE, Wyo. - With the decline in oil prices, inflationary pressures are easing for the moment. The Federal Reserve’s policy makers all acknowledge as much.
Taipei shares outlook - Higher on Wall St gains, Bernanke comments Forbes
Financial crisis enters new, uncertain stage MarketWatch
USA Today - Reuters - Financial Times - The Associated Press
all 957 news articles


Irradiation step doesn't quiet debate on FDA moves - Chicago Tribune » Full Story

ABC News

Irradiation step doesn't quiet debate on FDA moves
Chicago Tribune - 1 hour ago
By Stephen J. Hedges | Washington Bureau WASHINGTON—After two years of nearly constant food-borne illness outbreaks and recalls of everything from tainted peanut butter to tons of hamburger meat the Food and Drug Administration's decision last week to ...
Sadex Corporation Sees "Green" After FDA Announcement KTIV
New FDA labeling rule could be lawsuit shield CNNMoney.com
New York Times - KARK - Reuters - KSFY
all 787 news articles


State files lawsuit against Countrywide - WISH » Full Story

State files lawsuit against Countrywide
WISH - 1 hour ago
CENTRAL INDIANA (WISH) - The Indiana Attorney General's office has filed a law suit against the mortgage lender, Countrywide. Attorney General Steve Carter said the company mislead homeowners and at times even flat out lied to them.
Indiana AG the latest to sue Countrywide Financial Legal News Line
State sues Countrywide over lending practices WTHR
Chicago Tribune - INDYchannel.com - Indianapolis Star
all 70 news articles


Looking Ahead Major Economic Reports for the Week - New York Times » Full Story

Looking Ahead Major Economic Reports for the Week
New York Times - 4 hours ago
By THE NEW YORK TIMES SIGNALS ON THE ECONOMY Reports this week will provide updates on the state of the housing market and the broader economy.
Big revision in GDP won't mean much MarketWatch
Home Sales Probably Held Near Decade Low: US Economy Preview Bloomberg
Seattle Times
all 8 news articles



[logo] NPR Topics: Business   more  xml  hide  
Last updated: Sun, 24 Aug 2008 22:06:35 EST

Dunkin Donuts Plans A Big Push West » Full Story
Dunkin Donuts has big plans for a major expansion program into the Western United States. The privately held company is expanding into the territory dominated by one of its chief rivals: Seattle-based Starbucks.

Dunkin Donuts has big plans for a major expansion program into the Western United States. The privately held company is expanding into the territory dominated by one of its chief rivals: Seattle-based Starbucks.

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'Dr. Doom' Economist's Dire Warnings Proved Right » Full Story
New York University economist Nouriel Roubini was viewed as a professional Cassandra when he warned of a coming housing crisis and a wave of bank foreclosures a couple of years ago. Now officials around the world are seeking his advice since he's been proven right.

New York University economist Nouriel Roubini was viewed as a professional Cassandra when he warned of a coming housing crisis and a wave of bank foreclosures a couple of years ago. Now officials around the world are seeking his advice since he's been proven right.

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[logo] Reuters: Small Business News   more  xml  hide  
Last updated: Sun, 24 Aug 2008 22:06:35 EST

Azure Dynamics to raise C$25 million via placing » Full Story
(Reuters) - Hybrid electric and electric powertrains maker Azure Dynamics Corp said it has opened a private placement to raise up to C$25 million ($23.65 million), sending its shares 17.24 percent higher in London.


Japan's Mizuho to invest in U.S. Evercore » Full Story
TOKYO (Reuters) - Mizuho Financial Group Japan's second-largest bank by assets, said on Thursday it would invest $120 million in U.S. merger advisory firm Evercore Partners marking the latest push by a Japanese financial company into the world's largest economy.


Salesforce shares tumble on concerns about growth » Full Story
BOSTON (Reuters) - Salesforce.com shares plunged as much as 16 percent on Thursday on concerns the business software maker's growth is slowing after its quarterly orders were lower than some investors had expected.



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