Business News Headline - 19 August, 2008

[logo] Yahoo! News: Business   more  xml  hide  
Last updated: Tue, 19 Aug 2008 22:06:35 EST

HP results top Street despite stronger dollar (Reuters) » Full Story

A man walks past the Hewlett Packard logo at its French headquarters in Issy le Moulineaux, western Paris, September 16, 2005. (Charles Platiau/Reuters)Reuters - Hewlett-Packard Co results beat Wall Street targets as net profit rose 14 percent, subduing fears that slowing economies and a stronger dollar would weaken the world's biggest computer and printer maker and its rivals.




Inflation pressures mount as home building slows (Reuters) » Full Story

A woman shops at at a mall in a Denver suburb, May 16, 2008. (Rick Wilking/Reuters)Reuters - U.S. wholesale prices shot up in July at the fastest annual rate in 27 years, while home builders cut back on construction as they worked through a glut of unsold homes, government data showed on Tuesday.




Fannie, Freddie fears, inflation slam Wall St (Reuters) » Full Story

Traders work on the floor of the New York Stock Exchange August 8, 2008. (Joshua Lott/Reuters)Reuters - U.S. stocks fell for a second straight session on Tuesday as credit worries hit bank shares and a report showing inflation remains a threat despite slower growth stoked the market's anxiety.





[logo] Google News - Business   more  xml  hide  
Last updated: Tue, 19 Aug 2008 22:06:35 EST

HP results top Street despite stronger dollar - Reuters » Full Story

The Southern Ledger

HP results top Street despite stronger dollar
Reuters - 3 hours ago
By Robert MacMillan and Eric Auchard SAN FRANCISCO (Reuters) - Hewlett-Packard Co results beat Wall Street targets as net profit rose 14 percent, subduing fears that slowing economies and a stronger dollar would weaken the world's biggest computer and ...
Hewlett-Packard Net Gains on Overseas, Notebook Sales (Update2) Bloomberg
2nd UPDATE: Hewlett-Packard 3Q Net Up 14%; Weak Dollar Aids Revenue CNNMoney.com
Financial Times - TheStreet.com - The Associated Press - Forbes
all 483 news articles


Some Investors Say US Bailout of Housing Giants Is Inevitable - New York Times » Full Story

HispanicBusiness.com

Some Investors Say US Bailout of Housing Giants Is Inevitable
New York Times - 1 hour ago
By CHARLES DUHIGG and VIKAS BAJAJ Financial conditions are continuing to worsen at Fannie Mae and Freddie Mac, leading some investors to prepare for a government bailout of the housing giants even as the Treasury Department and the companies say such ...
Consumers feel fallout from Fannie, Freddie CNNMoney.com
Pressure intensifies as Freddie, Fannie slide further MarketWatch
Financial Times - Wall Street Journal - Forbes - International Herald Tribune
all 1,056 news articles


Venezuela Cement Takeover Widens Government's Control (Update4) - Bloomberg » Full Story

Reuters South Africa

Venezuela Cement Takeover Widens Government's Control (Update4)
Bloomberg - 3 hours ago
By Daniel Cancel and Steven Bodzin Aug. 19 (Bloomberg) -- Venezuela's government extended its hold on the economy with accords to take majority stakes in the local units of cement companies Lafarge SA and Holcim Ltd.
Venezuela seizes control of Cemex cement plants International Herald Tribune
Caracas gets tough over Cemex assets Financial Times
Reuters - Forbes - guardian.co.uk - CNNMoney.com
all 514 news articles


Court Rejects Agency Limits on States’ Emissions Rules - New York Times » Full Story

Court Rejects Agency Limits on States’ Emissions Rules
New York Times - 53 minutes ago
By FELICITY BARRINGER A federal appeals court on Tuesday threw out an Environmental Protection Agency rule limiting the ability of states to require monitoring of industrial emissions.
EPA: 2 eastern Iowa counties violate air standards Forbes
Court slaps Bush EPA for blocking air pollution monitoring Los Angeles Times
The Associated Press - CNNMoney.com - CBS2 Chicago - KSL-TV
all 119 news articles



[logo] NPR Topics: Business   more  xml  hide  
Last updated: Tue, 19 Aug 2008 22:06:35 EST

Soaring Food Prices Threaten Progress » Full Story
Food prices around the world have hit record highs — and that's starting to take a toll. For example, some experts worry those left hungry in Ethiopia will suffer permanent physical and mental disabilities, such as chronic illness and lower IQ.

Food prices around the world have hit record highs — and that's starting to take a toll. For example, some experts worry those left hungry in Ethiopia will suffer permanent physical and mental disabilities, such as chronic illness and lower IQ.

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How To Know If You're Rich » Full Story
Pastor Rick Warren asked both presidential candidates about their definition of "rich" this weekend. They gave very different answers. Jared Bernstein of the Economic Policy Institute offers his definition of rich, middle class and upper middle class.

Pastor Rick Warren asked both presidential candidates about their definition of "rich" this weekend. They gave very different answers. Jared Bernstein of the Economic Policy Institute offers his definition of rich, middle class and upper middle class.

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[logo] Reuters: Small Business News   more  xml  hide  
Last updated: Tue, 19 Aug 2008 22:06:35 EST

Google puts $10 mln into new geothermal technology » Full Story
LOS ANGELES (Reuters) - Google Inc is investing $10 million to produce electricity from underground heat with a breakthrough technology, as the Web search leader extends its clout to clean up the environment.


Albany: Customer's production cut to hit Q3, Q4 sales » Full Story
(Reuters) - Albany International Corp , a supplier of aircraft composites, said sales growth for the third and fourth quarters would be hurt as a key customer was cutting production of a jet, knocking its shares to a four-year low.


Superior Industries to cut US workforce by 29 pct » Full Story
(Reuters) - Aluminum wheel maker Superior Industries International Inc said it will be reducing 29 percent of its U.S. workforce and close a plant in Kansas, as part of a plan to cut costs.



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