Top Business Information

Business News Feeds

2012-01-28T07:12:00.001-08:00

Business News Feeds

Stocks edge lower after GDP growth disappoints
Chevron posts record-high profit
Cyprus FinMin says banks won't need gov't help
IMF chief presses for more cash to fight crisis
Deficit focus questioned as answer to euro crisis
Leadership scramble: GOP rivals vie for title
AP Interview: Roubini warns of tough times ahead
Screen Actors Guild votes to approve merger plan
Officer in Katrina shootings probe to be retried
PG&E fined $16.8M for shoddy gas leak surveys
Senegal's president cleared to run for 3rd term
Matson raises Hawaii fuel surcharge
Ship traffic for January 28, 2012
Economy grew at 2.8% annual rate in 4th quarter
Facebook IPO filing early next week, reports say
Walmart pulls greeters from overnight shift
WellPoint to pay doctors more for better care
Google privacy policy draws lawmakers' concern
Apple says it's 'attacking' supply chain problems
Macworld | iWorld: beer opener, styluses, scanners
New Swipe Fee Battle: More Consumer Pain?
One-Percenters Want to Buy the Corner Bakery
The Wealth Debate
Cyprus FinMin says banks won't need gov't help (AP)
Facebook Gets Ready For Its IPO Filing
Superfood: What's In It?
How Much Is Facebook Worth?
Greece Inches Toward Deal in Talks With Its Creditors
Greece, creditors laboriously piece together debt deal (Reuters)
IMF chief presses for more cash to fight crisis (AP)
Jefferies, Cantor Outlooks Lowered to ‘Negative’ by S&P
RIM’s Heins ‘Here to Fight’ for BlackBerry Revival Against Apple
Ackermann Says Greek Default Would Be ‘Playing With Fire’
The Oil Off Cuba: Washington and Havana Dance at Arms Length Over Spill Prevention (Time.com)
Germany wants Greece to give up budget control (Reuters)
Refinery closings could push gasoline prices back to $4
IMF leads global push for euro zone to boost firewall (Reuters)
Davos Leaders Urge Europe to Fix Crisis Risking World Economy
Citigroup Said to Cut Bonuses in Investment Bank By About 30%
Honda President Ito Forecasts Year of ‘Complete Rebound’
Simpson Says ‘Terrified’ Obama Walked Away From Deficit Issue
Five arrested in police corruption operation
Greek yogurt on a marathon-like growth spurt
Money & Politics: Liberate Health Care
Celebrity Ex-Cons: America's Amoral Fascination
Apple makes move into offices
Close Ties to Goldman Enrich Romney’s Public and Private Lives
Even Ford's Mulally Can't Fix Everything
Facebook IPO Filing as Early as Next Week
Big Bank CEO Davos Predictions
Quest for the golden cross (Reuters)
Exxon to sell part of Tonen stake for about $3.9 billion:sources (Reuters)
Mini puts a price on topless fun
When Twitter Blocks Tweets, It’s #Outrage
Pentagon Seeks Mightier Bomb vs. Iran
5 Top S&P Dividend Stock Picks
Money Watch: Tapping into your 401(k) early can be costly
Delta Weighs a US Air Deal
EU Opens Probe of Air Venture
Ford Motor Profit Lifted by U.S. Sales, Tax Gain
Presented By:
U.S. fourth-quarter GDP falls short of expectations
U.S. may rely on aging U-2 spy planes longer than expected
Buyers more cautious at Sundance Film Festival
Foreclosure relief program is extended, expanded
Facebook IPO filing reportedly could come 'as early as next week'
Viacom executives again among America's highest paid
Chevron earnings dragged down by refinery business
Common Sense: In the Top 1%, but of Taxpayers, Not Income — Common Sense
Off the Charts: Survey Takes Public’s Pulse on Business Regulations
Shortcuts: Putting a Price on Your Work - Shortcuts
Wealth Matters: Low Bond Yields Make Building a Portfolio Harder
Your Money: In Search of an App to Monitor Average Bank Balances
New Fraud Investigation Group Issues Subpoenas to Financial Companies
Bydureon, a Diabetes Drug from Amylin, Wins F.D.A. Approval

Stocks edge lower after GDP growth disappoints

Posted: 28 Jan 2012 02:53 PM PST

(01-27) 08:54 PST NEW YORK, (AP) -- Stocks were trading mostly lower after the government reported the U.S. economy grew at a slower pace than economists had expected in the fourth quarter. The Dow Jones industrial...

Chevron posts record-high profit

Posted: 28 Jan 2012 02:53 PM PST

Despite refinery problems that dragged down its fourth-quarter results, Chevron Corp. reported the highest annual profit in its 132-year history on Friday, a $26.9 billion tally made possible by high and relatively...

Cyprus FinMin says banks won't need gov't help

Posted: 28 Jan 2012 02:53 PM PST

(01-28) 06:38 PST NICOSIA, Cyprus (AP) -- Cyprus' banks will be able to recapitalize on their own and won't need state support thanks to fiscal measures buttressing the island's financial system, the government said on...

IMF chief presses for more cash to fight crisis

Posted: 28 Jan 2012 02:53 PM PST

(01-28) 05:41 PST DAVOS, Switzerland (AP) -- The head of the International Monetary Fund appeared to making headway Saturday in her drive to boost the institution's financial firepower so that it can help Europe prevent...

Deficit focus questioned as answer to euro crisis

Posted: 28 Jan 2012 02:53 PM PST

(01-28) 03:33 PST FRANKFURT, Germany (AP) -- Europe is getting tougher on government debt. After more than two years struggling to rescue financially shaky governments, leaders of the 17 countries that use the euro are...

Leadership scramble: GOP rivals vie for title

Posted: 28 Jan 2012 02:53 PM PST

(01-28) 03:21 PST WASHINGTON (AP) -- The Republican presidential contenders are making a pitch to voters that sounds a lot like a children's game: Follow the leader. When Mitt Romney and Newt Gingrich aren't puffing up...

AP Interview: Roubini warns of tough times ahead

Posted: 28 Jan 2012 02:53 PM PST

(01-28) 00:37 PST DAVOS, Switzerland (AP) -- Economist Nouriel Roubini, nicknamed "Dr. Doom" for his gloomy predictions in the run-up to the financial meltdown four years ago, says the fallout from that crisis could...

Screen Actors Guild votes to approve merger plan

Posted: 28 Jan 2012 02:53 PM PST

(01-27) 20:24 PST LOS ANGELES, (AP) -- The Screen Actors Guild national board of directors has voted to approve a plan to merge with the American Federation of Television and Radio Artists. In a statement, SAG says the...

Officer in Katrina shootings probe to be retried

Posted: 28 Jan 2012 02:53 PM PST

(01-27) 19:58 PST New Orleans (AP) -- Prosecutors intend to retry a retired police sergeant charged with helping cover up deadly shootings on a New Orleans bridge after Hurricane Katrina. U.S. Attorney Jim Letten made...

PG&E fined $16.8M for shoddy gas leak surveys

Posted: 28 Jan 2012 02:53 PM PST

(01-27) 17:32 PST SAN FRANCISCO, (AP) -- State regulators plan to fine Pacific Gas & Electric Co. $16.8 million for failing to perform gas leak surveys in the wake of a deadly pipeline explosion in a San Francisco...

Senegal's president cleared to run for 3rd term

Posted: 28 Jan 2012 02:53 PM PST

(01-27) 17:31 PST DAKAR, Senegal (AP) -- Senegal's highest court ruled Friday the country's increasingly frail, 85-year-old president could run for a third term in next month's election, a deep blow to the country's...

Matson raises Hawaii fuel surcharge

Posted: 28 Jan 2012 02:53 PM PST

(01-27) 17:27 PST Honolulu (AP) -- The largest shipping company that carries goods to Hawaii from the U.S mainland is raising its fuel surcharge after recently decreasing it three times. Matson Navigation Company...

Ship traffic for January 28, 2012

Posted: 28 Jan 2012 02:53 PM PST

Due to arrive today SHIP FROM PORT Leda Trader Los Angeles OAK Triton Ace New Westminster, British Columbia RCH YM Colombo Los Angeles OAK Wadi Feran Unknown SFO Zim Pusan Long Beach OAK Due to depart today SHIP TO PORT...

Economy grew at 2.8% annual rate in 4th quarter

Posted: 28 Jan 2012 02:53 PM PST

Number of the day 2.8% That was the annualized growth rate of the U.S. economy in the fourth quarter, the Commerce Department announced Friday. Gross domestic product - the value of all goods and services produced -...

Facebook IPO filing early next week, reports say

Posted: 28 Jan 2012 02:53 PM PST

Facebook is aiming to file for its initial public offering as early as next week, two people with knowledge of the matter said. The company is discussing a valuation of $75 billion to $100 billion, said two people, who...

Walmart pulls greeters from overnight shift

Posted: 28 Jan 2012 02:53 PM PST

Walmart has removed greeters from the overnight shift at its U.S. supercenters, chipping away at a 30-year tradition of making sure all shoppers are welcomed. The move by the world's largest retailer will save money and...

WellPoint to pay doctors more for better care

Posted: 28 Jan 2012 02:53 PM PST

WellPoint Inc., the largest U.S. health insurer by enrollment, will tie the amount of money doctors receive to the quality of care provided, offering more pay for keeping patients healthier and costs down. The program,...

Google privacy policy draws lawmakers' concern

Posted: 28 Jan 2012 02:53 PM PST

INTERNET Google privacy policy draws heat U.S. lawmakers asked the Federal Trade Commission whether changes announced this week by Google to its privacy policy violate terms of a 20-year settlement the company reached...

Apple says it's 'attacking' supply chain problems

Posted: 28 Jan 2012 02:53 PM PST

TECHNOLOGY Apple pledges problem-solving in its supply chain Apple is "attacking problems" with conditions at its supply factories and is committed to educating workers about their rights, Chief Executive Officer Tim...

Macworld | iWorld: beer opener, styluses, scanners

Posted: 28 Jan 2012 02:53 PM PST

Macworld | iWorld continued at Moscone Center West on Friday with hundreds of exhibitors hawking their wares to a legion of Apple fans. As many as 25,000 people are expected over the course of the three-day event, which...

New Swipe Fee Battle: More Consumer Pain?

Posted: 28 Jan 2012 07:00 AM PST

NEW YORK (LowCards.com) -- Another major dispute on interchange fees could take place, and this one may have new, painful consequences for consumers. This time, the battle centers around the swipe fee that retailers pay on credit card transactions.

According to CNBC, there is an antitrust suit between 5 million retailers and Visa, MasterCard and 13 large banks, including Citi, Bank of America, Chase, Capital One, U.S. Bancorp and Wells Fargo. Retailers claim that banks and the payment systems have unfairly worked together to increase the amount of the interchange fee retailers pay on any purchase made with a credit card. Shoppers may see even lower swipe fees at the checkout, but banks will surely look elsewhere to make up for billions in lost revenue. ...

One-Percenters Want to Buy the Corner Bakery

Posted: 28 Jan 2012 06:40 AM PST

Smarting from poor returns in the markets, ultrawealthy individuals plan to increase their investments in small businesses

The Wealth Debate

Posted: 28 Jan 2012 06:40 AM PST

Cyprus FinMin says banks won't need gov't help (AP)

Posted: 28 Jan 2012 06:38 AM PST

AP - Cyprus' banks will be able to recapitalize on their own and won't need state support thanks to fiscal measures buttressing the island's financial system, the government said on Saturday.

Facebook Gets Ready For Its IPO Filing

Posted: 28 Jan 2012 06:37 AM PST

Facebook could file papers for an IPO as early as this coming week and is looking at a valuation of $75 billion to $100 billion. The social network is close to picking Morgan Stanley as the lead underwriter.

Superfood: What's In It?

Posted: 28 Jan 2012 06:34 AM PST

How Much Is Facebook Worth?

Posted: 28 Jan 2012 06:32 AM PST

How small investors can get exposure to the social-networking giant before its IPO.

Greece Inches Toward Deal in Talks With Its Creditors

Posted: 28 Jan 2012 06:25 AM PST

The latest progress comes in the wake of two days of talks in Athens between the bankers lobby representing most investors, and Greece's political leadership.

Greece, creditors laboriously piece together debt deal (Reuters)

Posted: 28 Jan 2012 06:21 AM PST

Reuters - Greece and its private creditors head back to the negotiating table on Saturday to put together the final pieces of a long-awaited debt swap agreement needed to avert an unruly default.

IMF chief presses for more cash to fight crisis (AP)

Posted: 28 Jan 2012 06:17 AM PST

AP - The head of the International Monetary Fund appeared to be making headway Saturday in her drive to boost the institution's financial firepower so that it can help Europe prevent its crippling debt crisis from further damaging the global economy.

Jefferies, Cantor Outlooks Lowered to ‘Negative’ by S&P

Posted: 28 Jan 2012 06:10 AM PST

Jefferies Group Inc. and Cantor Fitzgerald LP had their outlooks lowered to “negative” by Standard & Poor’s on the prospect that concern about Europe’s debt crisis will weigh on trading and investment banking.

RIM’s Heins ‘Here to Fight’ for BlackBerry Revival Against Apple

Posted: 28 Jan 2012 06:08 AM PST

Research In Motion Ltd.’s Thorsten Heins, five days into his job as chief executive officer, pledged to regain lost ground in the U.S. smartphone market and said he held talks with rivals eager to license its software.

Ackermann Says Greek Default Would Be ‘Playing With Fire’

Posted: 28 Jan 2012 06:07 AM PST

The economic and political consequences of Greece defaulting instead of reaching a voluntary debt-restructuring deal are being underestimated, Deutsche Bank AG Chief Executive Officer Josef Ackermann said.

The Oil Off Cuba: Washington and Havana Dance at Arms Length Over Spill Prevention (Time.com)

Posted: 28 Jan 2012 06:05 AM PST

Time.com - Despite the embargo and their cold war, the two countries appear to be in some synch over fear of potential drilling catastrophes

Germany wants Greece to give up budget control (Reuters)

Posted: 28 Jan 2012 06:03 AM PST

Reuters - Germany is pushing for Greece to relinquish control over its budget policy to European institutions as part of discussions over a second rescue package, a European source told Reuters on Friday.

Refinery closings could push gasoline prices back to $4

Posted: 28 Jan 2012 06:00 AM PST

Refineries are closing because high crude prices and low demand for gasoline are squeezing profits.

IMF leads global push for euro zone to boost firewall (Reuters)

Posted: 28 Jan 2012 05:53 AM PST

Reuters - International Monetary Fund chief Christine Lagarde led a global push on Saturday for the euro zone to boost its financial firewall, saying "if it is big enough it will not get used."

Davos Leaders Urge Europe to Fix Crisis Risking World Economy

Posted: 28 Jan 2012 05:53 AM PST

Global finance chiefs warned no economy is safe from Europe’s debt crisis, adding urgency to their calls for its governments to deliver a swift resolution.

Citigroup Said to Cut Bonuses in Investment Bank By About 30%

Posted: 28 Jan 2012 05:50 AM PST

Citigroup Inc., the third-biggest U.S. lender by assets, cut 2011 bonuses in its investment banking division by about 30 percent on average amid slumping revenue, according to a person briefed on the matter.

Honda President Ito Forecasts Year of ‘Complete Rebound’

Posted: 28 Jan 2012 05:50 AM PST

Honda Motor Co. President Takanobu Ito forecast that business results at Japan’s third-biggest carmaker will climb to the highest in at least five years, led by sales of Accord sedans and Civic compacts in North America.

Simpson Says ‘Terrified’ Obama Walked Away From Deficit Issue

Posted: 28 Jan 2012 05:50 AM PST

President Barack Obama “walked away” from his bipartisan U.S. deficit-cutting commission’s plan “because he knew he’d be torn to bits,” said former Republican Senator Alan Simpson, who was co-chairman of the panel.

Five arrested in police corruption operation

Posted: 28 Jan 2012 05:20 AM PST

Police officer detained following investigation of illegal methods at News of the World

Greek yogurt on a marathon-like growth spurt

Posted: 28 Jan 2012 05:10 AM PST

Upstate New York company Chobani is making Greek yogurt as fast as Americans are eating it.

Money & Politics: Liberate Health Care

Posted: 28 Jan 2012 05:00 AM PST

Congressman Paul Broun (R., Ga.) explains how his health care bill would put patients in charge.

Celebrity Ex-Cons: America's Amoral Fascination

Posted: 28 Jan 2012 05:00 AM PST

The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.

NEW YORK (TheStreet) -- What do Jack Abramoff, Vaclav Havel, Nelson Mandela and Aung-San-Suu-Kyi have in common? To start, they are all ex-con celebrities who have written books with a political freedom theme. For all of them, prison followed their perspectives on political freedoms. Only Jack Abramoff was jailed for abusing these freedoms, for example by teaching his clients "how Washington worked." The others wanted to sample freedoms, like those Americans take for granted. They would never have thought of perverting the precious gift of protected freedoms.

Jack Abramoff ...

Apple makes move into offices

Posted: 28 Jan 2012 05:00 AM PST

Younger workers and those near or at the top of the corporate ladder were more likely to use Apple products.

Close Ties to Goldman Enrich Romney’s Public and Private Lives

Posted: 28 Jan 2012 04:54 AM PST

Goldman Sachs, which manages Mitt Romney's family's fortune, is also his largest source of campaign contributions.

Even Ford's Mulally Can't Fix Everything

Posted: 28 Jan 2012 04:49 AM PST

DETROIT TheStreet) -- Alan Mulally fixed Ford , but he did not fix the world economy, and Ford paid for that in the fourth quarter.

The automaker reported Friday that, during the quarter, it underperformed in every region of the world except for the U.S. It lost money in Asia and Europe and its earnings fell in South America. Shares fell about 4%, to $12.21, after Ford missed estimates of 25 cents by 5 cents. Ford has been transformed under Alan Mulally, but that doesn't mean it can totally avoid negative economic trends.

The truth is that the U.S. automakers are recovering very nicely, but these sprawling international companies cannot get too far ahead of world economies. Sure, it is great to be a far-flung global enterprise, taking advantage of all the growth trends around the world. But globalization also means sensitivity to every problem that crops up. ...

Click to view a price quote on F.

Click to research the Automotive industry.

Facebook IPO Filing as Early as Next Week

Posted: 28 Jan 2012 04:42 AM PST

Facebook Inc., the world’s largest social-networking service, is aiming to file for its initial public offering as early as next week, two people with knowledge of the matter said.

Big Bank CEO Davos Predictions

Posted: 28 Jan 2012 04:41 AM PST

NEW YORK (TheStreet) - Wall Street CEOs were dominating the headlines this week as they spouted off on everything from the European crisis to regulation and compensation at the World Economic Forum at Davos, Switzerland.

Here's a roundup of some of the notable things they said. ...

Click to view a price quote on C.

Click to research the Banking industry.

Quest for the golden cross (Reuters)

Posted: 28 Jan 2012 04:25 AM PST

Reuters - January has turned out strong for equities with just two trading days to go. If you're afraid to miss the ride, there's still time to jump in. You just might want to wear a neck brace.

Exxon to sell part of Tonen stake for about $3.9 billion:sources (Reuters)

Posted: 28 Jan 2012 04:15 AM PST

Reuters - Exxon Mobil plans to sell a large part of its 50 percent stake in TonenGeneral Sekiyu KK (5012.T) back to its Japanese refining partner in a deal that could be worth about 300 billion yen ($3.9 billion), and will make an announcement as early as Monday, four sources with direct knowledge of the matter said.

Mini puts a price on topless fun

Posted: 28 Jan 2012 04:03 AM PST

Can you put a price on fun? Mini thinks you can

When Twitter Blocks Tweets, It’s #Outrage

Posted: 28 Jan 2012 03:56 AM PST

Twitter's announcement that it would agree to block certain messages in countries where they were deemed illegal prompted outcry, argument and even calls for a boycott.

Pentagon Seeks Mightier Bomb vs. Iran

Posted: 28 Jan 2012 03:20 AM PST

Pentagon war planners have concluded that their largest conventional bomb isn't yet capable of destroying Iran's most heavily fortified underground facilities, and are stepping up efforts to make it more powerful.

5 Top S&P Dividend Stock Picks

Posted: 28 Jan 2012 03:00 AM PST

The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.

NEW YORK (Insider Monkey) -- During the recent market turmoil, the financial markets have been hit by one crisis after another. Most people are pessimistic about the economy.

Central banks all around the world have been trying to stimulate the economy by applying inflationary monetary policies. One result of the Fed's monetary policy is ultra-low yielding long-term Treasuries. It doesn't make sense to invest in 10-year Treasuries for the long term. With the low interest rates, investors are better off by investing in high-dividend stocks. ...

Click to view a price quote on EPD.

Click to research the Energy industry.

Money Watch: Tapping into your 401(k) early can be costly

Posted: 28 Jan 2012 02:00 AM PST

Q: I am 55 years old and unemployed. I need to use the money in my 401(k) plan to survive. What is the penalty for tapping into it?

Delta Weighs a US Air Deal

Posted: 28 Jan 2012 01:37 AM PST

Delta Air Lines is studying US Airways as a possible acquisition target as U.S. carriers prepare for a new round of consolidation.

EU Opens Probe of Air Venture

Posted: 28 Jan 2012 01:33 AM PST

European regulators opened a new probe into a trans-Atlantic joint venture involving Air France-KLM, Delta Air Lines and Alitalia, members of the SkyTeam carrier alliance.

Ford Motor Profit Lifted by U.S. Sales, Tax Gain

Posted: 28 Jan 2012 12:49 AM PST

Ford reported a record fourth-quarter profit on a one-time tax allowance, though slower sales in Europe, growing pains in Asia and heightened competition at home signaled greater turbulence ahead.

Presented By:

Posted: 28 Jan 2012 12:37 AM PST

U.S. fourth-quarter GDP falls short of expectations

Posted: 28 Jan 2012 12:00 AM PST

The nation's broadest measure of U.S. economic output rose at a 2.8% annual rate — many analysts had predicted 3% — in the October through December period, and signs point to economic weakness ahead.

The U.S. economy ended last year on firmer footing with modestly stronger growth. But output fell short of what analysts expected, and signs point to weakness ahead.

U.S. may rely on aging U-2 spy planes longer than expected

Posted: 28 Jan 2012 12:00 AM PST

The Pentagon has proposed delaying a plan to replace the U-2s with RQ-4 Global Hawk drones because of Defense Department cutbacks.

Wars have come and gone. But for more than half a century, the CIA and U.S. military have relied on a skinny sinister-looking black jet to go deep behind enemy lines for vital intelligence-gathering missions.

Buyers more cautious at Sundance Film Festival

Posted: 28 Jan 2012 12:00 AM PST

Nearly every major film buyer bought at least one movie; they just paid less.

This year's Sundance Film Festival didn't produce a blizzard, but it did generate some strong flurries.

Foreclosure relief program is extended, expanded

Posted: 28 Jan 2012 12:00 AM PST

The mortgage modification program is extended another year and expanded to include investors. Large banks will get more incentives to help struggling homeowners.

Struggling homeowners are set to get more help from the federal government as the Obama administration extends its key foreclosure prevention plan for a year.

Facebook IPO filing reportedly could come 'as early as next week'

Posted: 28 Jan 2012 12:00 AM PST

Facebook's initial public offering of stock has been anticipated for months and is speculated to be worth as much as $100 billion whenever it arrives.

Viacom executives again among America's highest paid

Posted: 28 Jan 2012 12:00 AM PST

Billionaire Sumner Redstone last year got a 39% boost in compensation — to $21 million — for his role as executive chairman of Viacom Inc.

Chevron earnings dragged down by refinery business

Posted: 28 Jan 2012 12:00 AM PST

Chevron reports a profit of $5.12 billion in the fourth quarter, down 3.2% from a year earlier. Its refinery and marketing business swings to a $204-million loss.

Refining losses marred the fourth-quarter performance for Chevron Corp., the nation's second-biggest oil company, leaving it with a profit decline compared with 2010 and dropping it below Wall Street expectations.

Common Sense: In the Top 1%, but of Taxpayers, Not Income — Common Sense

Posted: 27 Jan 2012 11:20 PM PST

With all the focus on tax rates, a business columnist for The New York Times sat down with his 2010 returns, calculator in hand. He is still reeling from the results.

Off the Charts: Survey Takes Public’s Pulse on Business Regulations

Posted: 27 Jan 2012 11:00 PM PST

A survey shows there is widespread agreement around the world on one point: the current level of business regulation is not right.

Shortcuts: Putting a Price on Your Work - Shortcuts

Posted: 27 Jan 2012 11:00 PM PST

Charge too little and you feel cheated; charge too much and you risk pricing yourself out of the market.

Wealth Matters: Low Bond Yields Make Building a Portfolio Harder

Posted: 27 Jan 2012 10:11 PM PST

At one time, Treasuries and other highly rated bonds were a safe way for older investors to generate income. But today's low bond yields call for a new strategy.

Your Money: In Search of an App to Monitor Average Bank Balances

Posted: 27 Jan 2012 10:11 PM PST

Many banks have built free-checking scoreboards for people who want to avoid fees, but they're not putting the numbers up until the end of the month, when a fee has already been assessed.

New Fraud Investigation Group Issues Subpoenas to Financial Companies

Posted: 27 Jan 2012 10:11 PM PST

Information is being sought from 11 financial companies related to their actions in the market for residential mortgage-backed securities.

Bydureon, a Diabetes Drug from Amylin, Wins F.D.A. Approval

Posted: 27 Jan 2012 10:10 PM PST

The Food and Drug Administration twice declined to approve Bydureon in 2010, with its most serious concern being that the drug might contribute to heart rhythm abnormalities.

Business News Feeds

2012-01-27T07:31:00.001-08:00

Business News Feeds

US stock futures fall slightly after 4Q GDP report
More seek unemployment aid, claims fall in Ohio
Taxpayers still owed $132.9B from bailout: report
Gov. pitching Conn. to business leaders in Davos
Brazilian company to expand plant in Ala.
Unemployment up in 5 Ill. metro areas, down in 5
UPS says accounting charge will cut 4Q results
Chevron 4Q profit falls 3 pct on refinery decline
US Airways, flight attendants reach tentative deal
Obama to target rising college tuition costs
Economy grew modest 2.8 pct. in Q4, best in 2011
FedEx employee charged for bomb joke on Army base
Ship traffic for Jan. 27
Nintendo's losses mount as gamers turn to Apple
Nokia smart-phone sales beat analysts' predictions
Unexpected dip in U.S. new home sales in December
Nintendo triples its loss forecast as sales lag
Investors want 'a gusher'; Apple weighs options
Juniper Networks' outlook lower than estimates
Chevron case: Judge can't block ruling, court says
Proposal to cap California utility execs' pay
Penthouse atop San Francisco's Art Deco Hamilton
Apple's sweet week marred by sour news
Online privacy battle brings gains, setbacks
Macworld vendors have apps worth a look
Ship traffic for Jan. 26
RIM Director Adds to Stake
What the GDP Report Says About 2012
Finance chiefs reassure CEOs over European crisis (AP)
Recovering from a too risky portfolio
Gingrich Leading as Fight Intensifies
Stocks open lower after GDP report disappoints
Managing the family finances: 'Spying was easier'
U.S. economy growing faster, but still struggling
$34,000 in debt, wants to start a business
Chevron profit falls as refineries, output suffer (Reuters)
Ford Profit Lifted by U.S. Sales, Tax Gain
USD-JPY: Bears Take Control
Nonprofit founders put passions ahead of planning
Can S&P 500 stay above 1300 this time?
Ford hit by commodity costs, international woes (Reuters)
US growth accelerates to 2.8%
P&G's Profit Drops 49%
Rehn Says Authorities ‘Very Close’ to Reaching Greek Agreement
Perdue Won’t Run for Re-Election as North Carolina Governor
Amgen Misses Profit Estimates on Slowing Anemia Drug Sales
Economy grew a modest 2.8% in late 2011
Wall Street lower at open after GDP data
New York Times Co. Faces Leadership Vacuum After Robinson Ouster
U.S. Stocks Fall as Economy Grew Less Than Forecast in Quarter
Wall Street lower at open after GDP data (Reuters)
Dole Slams Gingrich as ‘One-Man-Band’ Who Will Hurt Party
Romney Spotlight Costs Private-Equity Backers
Obama Proposes to Link U.S. College Aid to Affordability
U.S. Recovery Slowly Gained Speed in Late ’11, Data Show
US Airways Flight Attendant Deal Could Help Merger Effort
Ford: Biggest profit since '98
Key Report for Homebuilders ETF
If You Can't Beat Them, Join Them: MBB
Stocks open lower on unimpressive U.S. growth
DealBook: Eastman Chemical to Buy Solutia for $3.4 Billion
Stock Market Story: Jan. 27
Analysts' Actions: CELG, HIG, JCP, JNPR
DealBook: Geithner Offers Upbeat U.S. Outlook, With European Caveat
Eastman Chemical to buy Solutia for $3.38 billion (Reuters)
BP fails to shift $15 billion oil spill costs onto Transocean
GDP grows 2.8% at year's end but rate falls short of expectations
Taco Bell, Samsung: Hot Trends
P&G's net income falls, hobbled by higher costs (AP)
Chevron 4Q profit falls 3 pct on refinery decline (AP)
U.S. growth quickens in Q4, but speed-bumps ahead (Reuters)
Grim Economic Forecast for Greece as It Negotiates With Creditors
Ford Posts Third-Straight Annual Profit
EM Central Banks: What Has Changed?
Mets Owners Seek Dismissal of Madoff Lawsuit
Costa offers $14,460 per person for ruined cruise
Chevron's Profit Edges Lower
Altria Earnings Drop 9%
The CEO Bankruptcy Bonus

US stock futures fall slightly after 4Q GDP report