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Business News |
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Consumers Less Cheerful in March, Survey Finds (Reuters)
Reuters - U.S. consumer confidence ebbed in
March as higher gasoline prices and a turbulent job market
dampened the moods of car-reliant Americans, a report said on
Tuesday.
Northwest, Delta Aim for More Savings (Reuters)
Reuters - Northwest Airlines Corp. and
Delta Air Lines Inc. on Tuesday proposed cost-savings
plans aimed at offsetting the unprecedented burdens of soaring
fuel costs and low-fare ...
Impath's Ex-Top Execs Face Fraud Charges
NEW YORK (Reuters) - The former chief executive and president of Impath Inc.
Car Sales Up, But Not for GM and Ford
DETROIT (Reuters) - U.S. vehicle sales probably rose this month from a lackluster February but tracked a similar pattern, with Asian automakers stealing more market share from General ...
Stocks Fall, Caterpillar Tumbles
NEW YORK (Reuters) - U.S. stocks tumbled lower on Tuesday, hurt by a rebound in oil prices and steep falls in industrial stocks such as heavy equipment maker Caterpillar Inc.
Northwest, Delta Aim for More Savings
CHICAGO (Reuters) - Northwest Airlines Corp. NWAC. and Delta Air Lines ...
Dollar, Supplies Keep Oil Near $54
NEW YORK (Reuters) - Oil prices ended with modest gains on Tuesday, holding near $54 a barrel as OPEC said it would not immediately increase output to cool the market.
Retailer Ahold Posts Loss for 2004 (AP)
AP - Dutch retailer Royal Ahold NV said Tuesday that its fourth-quarter profit surged sevenfold because of improved margins and lower costs and taxes, but still posted a loss for the full ...
Circuit City to Delay Earns Announcement (AP)
AP - Circuit City Stores Inc. said Tuesday it will delay its year-end earnings announcement until the nation's No. 2 chain of consumer electronics stores has finished a ...
Inflation in Brazil Expected to Accelerate (AP)
AP - Brazil's central bank on Tuesday raised its estimate for inflation this year but said that consumer price increases should come in lower than originally expected in 2006.
IRS Sees $300 Billion Gap (Reuters)
Reuters - The difference between what U.S.
taxpayers owe the U.S. government and what they actually pay on
time totals more than $300 billion a year, the Internal Revenue
Service said on ...
Blockbuster Settles 'No Late Fees' Claims (Reuters)
Reuters - Blockbuster Inc. , the top U.S.
video rental chain, will pay $630,000 to settle 47 states'
claims that its "No Late Fees" policy deceived customers, the
company ...
HP Hires NCR's Top Exec as CEO-Reports (Reuters)
Reuters - Hewlett-Packard Co. has
named NCR Corp. Chief Executive Mark Hurd to lead the
No. 2 computer maker and replace CEO Carly Fiorina, who was
ousted in February, according to ...
MCI Accepts Verizon's $7.6 Billion Offer (Reuters)
Reuters - MCI Inc. on Tuesday accepted a
sweetened takeover offer of $7.6 billion from Verizon
Communications Inc., citing Verizon's scale and growth
prospects in rejecting Qwest ...
Buffett Never Briefed on AIG Deal Details (Reuters)
Reuters - Berkshire Hathaway Inc. Chairman
Warren Buffett never received detailed briefings on a deal with
the American International Group that is now at the center of a
mushrooming ...
AIG's Greenberg to Retire This Week
NEW YORK (Reuters) - Maurice "Hank" Greenberg, who turned American International Group Inc. into a global insurance powerhouse, is stepping down as chairman this week as investigations ...
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