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Business News |
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Merrill to Pay $13.5 Mln in Timing Case (Reuters)
Reuters - Merrill Lynch & Co. agreed to
pay $13.5 million to resolve charges it failed to supervise
employees who made improper mutual fund trades, authorities
said on Tuesday.
Cincinnati Reds Baseball Team for Sale (Reuters)
Reuters - Several long-time Cincinnati Reds
Baseball Club owners said on Tuesday they plan to sell their
majority stake in the team, which has been controlled by a
group since controversial ...
Unions, U.S. Fight Over Union Audits (Reuters)
Reuters - U.S. labor union locals are being
audited by teams of federal government inspectors in what
officials say is part of a labor law enforcement campaign and
union leaders charge is ...
Govt Sees Record Gas Price of $2.15/gal (Reuters)
Reuters - U.S. retail gasoline prices will hit
a record high this spring, reaching a national monthly average
of $2.15 a gallon due mostly to soaring crude oil prices, the
government said ...
Oil Flirts with Record on Cold, Dollar (Reuters)
Reuters - Oil prices brushed within 60 cents of
a new record over $55 a barrel on Tuesday as cold weather
boosted fuel demand in U.S. Northeast, the world's largest
heating oil market.
Merrill to Pay $13.5 Mln in Timing Case
NEW YORK (Reuters) - Merrill Lynch & Co. MER.N agreed to pay $13.5 ...
McDonald's Shrs Off 2 Pct on Europe Sales
LOS ANGELES (Reuters) - McDonald's Corp. on Tuesday said sales at its namesake U.S. restaurants open at least 13 months rose a better-than-expected 4.6 percent in February, but weak ...
Revlon Posts First Profit in Six Years
WASHINGTON (Reuters) - Cosmetics maker Revlon Inc. REV.N posted its ...
Jury Still Undecided in Trial of Ebbers
NEW YORK (Reuters) - Jurors deciding the fate of former WorldCom Inc. chief executive Bernard Ebbers on Tuesday finished their third day of deliberations without a verdict in the ...
Dollar Drops in Technical-Driven Sell-Off
NEW YORK (Reuters) - The dollar tumbled across the board on Tuesday, driven lower more by technical than fundamental factors, but with concerns about the dollar's longer-term structural ...
Stocks Fall; Semis Slide, Oil Near Record
NEW YORK (Reuters) - U.S. stocks fell on Tuesday, as a disappointing forecast from chip maker Texas Instruments Inc.
Cincinnati Reds Baseball Team for Sale
NEW YORK (Reuters) - Several long-time Cincinnati Reds Baseball Club owners said on Tuesday they plan to sell their majority stake in the team, which has been controlled by a group ...
Unions, U.S. Fight Over Union Audits
HOUSTON (Reuters) - U.S. labor union locals are being audited by teams of federal government inspectors in what officials say is part of a labor law enforcement campaign and union ...
Govt Sees Record Gas Price of $2.15/gal
WASHINGTON (Reuters) - U.S. retail gasoline prices will hit a record high this spring, reaching a national monthly average of $2.15 a gallon due mostly to soaring crude oil prices, the ...
Oil Flirts with Record on Cold, Dollar
NEW YORK (Reuters) - Oil prices brushed within 60 cents of a new record over $55 a barrel on Tuesday as cold weather boosted fuel demand in U.S. Northeast, the world's largest heating ...
Kroger Quarterly Loss Widens, Shares Fall (Reuters)
Reuters - Kroger Co., the top U.S. grocery
chain, on Tuesday reported a wider quarterly loss on a special
charge to write down the value of more than 70 money-losing
stores.
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