Business and Finance News
 BP scaling back oil response efforts
Albuquerque News.Net
BP will begin scaling back its oil containment efforts, CEO-elect Robert Dudley told reporters on his first trip to the Gulf since the board vote.  Unemployment soaring for Spain
Albuquerque News.Net
Spain's economy continues to take a hammering with the latest unemployment figures showing the highest levels in thirteen years. ATF prices to go up by 2.7% from midnight
Times Of India
NEW DELHI: State-owned oil firms today raised jet fuel, or ATF, prices by 2.7 per cent after lowering the rates at the last fortnightly revision on July 16. Aviation Turbine Fuel (ATF) rates in ... Jamaica sells 3 sugar plants to China's Complant
Fox Business
July 31, 2010 KINGSTON (Reuters) - China National Complete Plant Import & Export Co Ltd signed a US$9 million agreement on Friday to buy three Jamaican government-owned sugar factories. Jama... BP may sell German gas stations for $2.6 billion
Reuters
VIENNA (Reuters) - BP Plc is seeking to sell its German petrol station chain Aral for around 2 billion euros ($2.6 billion), German magazine Wirtschaftswoche reported on Saturday, citing investment ba... Video: Raging Wildfire in So. Calif.
CBS News
A wall of flames roared through the hills just outside Los Angeles Thursday night, as fire officials continue to fight to control the blaze. Ben Tracy reports from Palmdale, Calif. Video: BP Scales Back
CBS News
Families of soldiers serving at war often worry that they will one day face that dreaded knock at the door. Terry McCarthy reports on the spouses back home of the "Thundering Third" battalion. Video: Main Street's Slow Recovery
CBS News
Friday: Economic recovery not as strong as originally thought; Also, military spouses face dread over bad news; And, a farm sanctuary that helps both animals and humans. Video: Economic Recovery Slowdown
CBS News
There have been some troubling signs lately of a fiscal slowdown for the U.S. economy. As Anthony Mason reports, economic growth was down in the second quarter of this year. Video: World's Most Expensive Hot Dog
CBS News
It's official; the Guiness World Records has declared the "haute dog" at New York's legendary Serendipity 3 as the most expensive hot dog in the world, at $69 a serving. CBSNews.com's Karina Mitchell ... GM Hikes Production Capacity for Volt by 50%
CBS News
(AP) General Motors said Friday that it is boosting production capacity for its new Chevrolet Volt due to strong public interest in the electric car that goes on sale this year. GM will now have a ... Gas Station Owners Divided on Nixing BP Brand
CBS News
(AP) BP gas station owners across the country are divided over whether the oil giant stained by its handling of the Gulf spill should rebrand U.S. outlets as Amoco or another name as part of its effor... Paperwork Nightmare: A Struggle to Fix New Law
ABCNews
Tucked into the nation's massive new health care law is a requirement that could become a paperwork nightmare for nearly 40 million businesses. The rule: They must file tax forms for every vendor t... House Approves Oil Spill Bill; Stalled in Senate
ABCNews
Demonstrator Mary Ann Thomas wears chocolate syrup on her face next to a similarly stained stuffed duck on a fence during a protest in Berkeley, Calif. on Friday, July 30, 2010 to mark the 100th day a... Arizona immigration law appeal set for November
Fox Business
July 31, 2010 * Court to hear Arizona's appeal on immigration law * Request for expedited hearing denied PHOENIX, Ariz. (Reuters) - A U.S. court denied a request for an expedited hearing Frida... Arena Rises As Editorial Raises Questions About Rival
Fox Business
ARNA ) stock rose 14% on optimism for its experimental weight-loss drug Lorcaserin, after an editorial in a medical journal raised questions about the need for more data from a potential rival treatme... Out of Pilots, Philippine Airline Grounds Flights
ABCNews
Good morning, passengers, and welcome aboard. We're expecting clear skies today, but we're out of pilots. National air carrier Philippine Airlines had to cancel at least five flights Saturday — o... Seardel sees loss 23.4 cents vs 53.3 cents earnings
Business Report
Submit your comment Seardel last week reported that its headline loss per share for the six months ended September 2009 was at 23.4 cents, down 56.2 percent from the 53.3 cents reported last year. ... HCI: Seardel gives earnings boost
Business Report
Submit your comment Hosken Consolidated Investments (HCI) reported a 17 percent rise in full-year earnings yesterday, helped by growth in its media business and its stake in textile firm Seardel. H... Wall Street trades flat after mixed data
People's Daily
A trader works on the floor of the New York Stock Exchange in New York, the United States, July 30, 2010. Wall Street traded flat on Friday as investors weighed mixed messages in economic reports. (Xi... July is best month for stocks on Wall Street in a year
Business Journal
July ended up being a big positive month for the stock market, as the Dow Jones Industrial Average closed up nearly 7.1 percent for the month, making it the strongest month in a year. While news that... US stocks move little but have best month in a year
New Zealand Herald
NEW YORK - Stocks had a fitting end to a choppy July on Friday, US time, as prices seesawed their way to a narrowly mixed finish. But despite the turbulence, this was still the market's best month in ... Mexico says GDP up about 7 pct yr/yr in 2nd qtr
Fox Business
July 31, 2010 MEXICO CITY (Reuters) - Mexico's finance ministry said Friday the Mexican economy likely grew about 7 percent during the second quarter from a year earlier. The ministry also said ... U.S. bank failures total 108 after 5 shut on Friday
Fox Business
July 31, 2010 By Corbett B. Daly WASHINGTON, July 30 (Reuters) - U.S. bank failures reached 108 so far in 2010 on Friday as regulators seized five small banks in the Pacific Northwest and the So... US Regulators Close Five Banks In Four States
Fox Business
WASHINGTON -(Dow Jones)- U.S. regulators closed five more banks in four states Friday evening, as a still-weak economy continues to batter the banking industry. Federal regulators said banks in Georgi...
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