| BUSINESS DIRECTORY |
Business News |
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Williams-Sonoma Quarterly Profit Rises (Reuters)
Reuters - Williams-Sonoma Inc. said on
Tuesday quarterly earnings rose as cost controls and well-timed
discounts at its stores overcame disappointing sales growth.
Alcoa Cutting 2,000 Jobs in Restructuring (Reuters)
Reuters - Alcoa Inc. , following up on
pledges to streamline operations and cut costs, on Tuesday set
a restructuring that will include 2,000 job cuts and the sale
of its stake in a ...
Car Price Drop Restrains Producer Prices (Reuters)
Reuters - Big gains in food and energy costs
pushed U.S. producer prices up sharply last month, but slumping
vehicle prices kept a gauge of underlying costs largely in
check, a government ...
Beverly Enterprises to Auction Company
PHILADELPHIA (Reuters) - Nursing home operator Beverly Enterprises Inc.
Lufthansa Seals Swiss Intl Air Takeover
FRANKFURT/ZURICH (Reuters) - Germany's Deutsche Lufthansa LHAG.DE ...
Leading Airlines Reinstate Fare Increase
NEW YORK (Reuters) - Leading U.S. airlines on Tuesday said they have reinstated a one-way fare increase less than a day after rescinding it, pressing forward in their bid to recoup ...
YUKOS Says to Drop U.S. Bankruptcy Appeals
HOUSTON (Reuters) - Russian oil company YUKOS YUKO.RTS said on Tuesday it will no longer pursue its U.S. bankruptcy case appeals and would instead focus on other strategies to keep its ...
GE Denies Withdrawing GM Loan Facility
DETROIT (Reuters) - General Electric Co. GE.N on Tuesday said it had ...
Oil Drops as OPEC Mulls Output Rise
NEW YORK (Reuters) - Oil prices fell sharply on Tuesday on profit-taking as producer group OPEC mulled another output hike to cool the red-hot market.
Alcoa Cutting 2,000 Jobs in Restructuring
NEW YORK (Reuters) - Alcoa Inc. AA.N, following up on pledges to ...
Car Price Drop Restrains Producer Prices
WASHINGTON (Reuters) - Big gains in food and energy costs pushed U.S. producer prices up sharply last month, but slumping vehicle prices kept a gauge of underlying costs largely in ...
Stocks Lower After Fed, Inflation Weighs
NEW YORK (Reuters) - U.S. stocks fell on Tuesday after the Federal Reserve acknowledged that pressures from inflation had picked up in recent months.
Wal-Mart to move Asian headquarters to China's Shenzhen (AFP)
AFP - Wal-Mart, the world's largest retailer, plans to move its Asian headquarters from Hong Kong to Shenzhen in southern China, state media reported.
South Korea's economy disappoints in 2004, but better times ahead (AFP)
AFP - South Korea's economy grew 4.6 percent in 2004, well short of the government's five percent target as slow domestic demand undercut robust exports, the central bank said.
European Stocks Up Led by Allianz (Reuters)
Reuters - To access running updates on what's moving European stocks
double click on.
Fed Expected to Raise Rates (Reuters)
Reuters - The Federal Reserve is widely
expected to nudge U.S. interest rates up a seventh straight
time on Tuesday, but financial markets are wondering whether
the central bank may prepare ...
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