Business and Finance News
A Look At The Details Of The Health Care Overhaul Bill
Star Tribune
Congress approved a major overhaul of the nation's health care system for President Barack Obama's signature. Here are some of the features of the legislation. HOW MANY COVERED: 32 million uninsured.... Icap Closes Division With Loss Of 114 Jobs
Guardian
ICAP is cutting 114 jobs after admitting that its ambitious move into stockbroking has floundered.The world's biggest interdealer broker is to close its cash equities sales and research business in Eu... E-trade Names Former Citigroup Exec As New Ceo
Examiner
Brokerage firm E-Trade Financial has tapped former Citigroup executive Steven Freiberg as its new CEO, starting next month.He takes over for Robert Druskin - another former Citigroup Inc. executive - ... Pepsico Reaffirms Long-term Earnings Forecasts
Examiner
PepsiCo Inc. maintained its forecast for long-term earnings growth as it looks to increase overseas revenue.The world's second-biggest food and beverage company said Monday that it still anticipates 2... Chrysler To Build All-electric Model Of Fiat 500
MSNBC
Chrysler is behind other major automakers in bringing rechargeable electric vehicles to market. Nissan Motor Co., General Motors Co. and Ford Motor Co. will sell electric models this year. Frito-lay, Pepsi Products To Shed Sodium, Fat
MSNBC
NEW YORK - PepsiCo Inc. plans to cut the sodium found in each serving of its key brands by one-fourth in five years, the company announced Monday, as the industry deals with pressure from the governme... Employer Health Care Costs Rise 7.3 Percent
MSNBC
WASHINGTON - Average health care costs for U.S. employers rose by 7.3 percent in 2009, surpassing inflation and the growth rate in overall health care spending, a Thomson Reuters report said Monday. Republicans Plan Assault On Financial Reform
MSNBC
March 21: The financial reform debate is heating up as the markup of Sen. Dodd's bill begins today. Sen. Bob Corker, R-Tenn., and Sen. Evan Bayh, D-Ind., share their insight. Irn Bru Maker Increases Profits
BBC
The maker of Irn Bru, AG Barr, has reported annual pre-tax profits after exceptionals of £24.5m - a 5.3% rise.The Cumbernauld-based company also makes St Clements, Tizer and Rubicon. It said lik... Gmtv Rapped Over Consumer Expert
BBC
GMTV was wrong to allow consumer expert Martin Lewis to promote his commercial website on Lorraine Kelly's show, broadcasting watchdog Ofcom has ruled.In its March bulletin, Ofcom said GMTV had breach... This Is Not Just M&s Food Porn - Ads Dropped
Sky News
The retail giant will replace the well-known strapline "This is not just..." at the end of each ad with the new "Just because...". According to the company's marketing chief Steve Sharp it represents... Oil Down 2% On Rising Dollar, Inflation Worries
Fox Business
A rising dollar and growing concerns about global inflation and interest rates pulled oil prices 2% lower Monday. Oil for April delivery was down $1.72 to $78.92 a barrel in electronic trade, while c... U.s. Stocks Mostly Up As Health-care Stocks Rise
Fox Business
NEW YORK -- U.S. stocks turned mostly higher on Monday, with gains in the health-care and consumer-related sectors offsetting losses in energy and material companies. The Dow Jones Industrial Average... Gold Futures Dip 1% To Under $1,100 An Ounce
Fox Business
SAN FRANCISCO -- Continued dollar strength pulled gold futures 1% lower on Monday, below the $1,100-an-ounce mark, a level the precious metal had managed to hold on to for the past three weeks. Gold ... Drug Stocks Trade Modestly Higher
Fox Business
BOSTON -- Shares of most of the major pharmaceutical makers traded modestly higher early Monday, the day after Congress passed a controversial bill aimed at expanding health insurance coverage for th... Health-care Stocks Gain, Led By Tenet, After Vote
Fox Business
SAN FRANCISCO -- Health care stocks gained Monday, the day after the House passed a landmark bill that will expand insurance coverage to 32 million uninsured Americans and make other changes, paid in... Tech Stocks Rise Early; Novell Rejects Buyout Bid
Fox Business
SAN FRANCISCO -- Technology stocks edged upward in early trading Monday, with gains from Apple Inc. , Dell Inc. and Oracle Corp. . Novell Inc. shares rose 30 cents, or more than 5%, to $5.94 after th... Palm Lines Up Pre And Pixi For At&t
Fox Business
SAN FRANCISCO -- Palm Inc. said Monday morning that its wireless phones running on the new webOS operating system will be available on the AT&T wireless network. No specific launch date was given for... Alliancebernstein Names John Howard Cfo
Fox Business
NEW YORK -- AllianceBernstein Holding L.P. and AllianceBernstein L.P. today announced that John B. Howard, 40, has been appointed senior vice president and chief financial officer effective immediate... Tiffany Drops, Williams-sonoma Up In Mixed Sector
Fox Business
NEW YORK -- Retail stocks were mixed Monday after luxury jewelry retailer Tiffany & Co.'s fourth-quarter profit fell short of Wall Street expectations. Tiffany shares fell 4.4% even after its sales r... Chrysler To Make Fiat 500 Electric Car For U.s.
Fox Business
LONDON -- Chrysler said it plans to engineer and produce an electric vehicle using the Fiat 500 platform of part-owner Fiat . Beginning in 2012, Chrysler Group will manufacture the Fiat 500EV for the... E*trade Names New Ceo, Plans Reverse Stock Split
Reuters
E*Trade also said on Monday that it will seek approval from stockholders for a 1-for-10 reverse stock split, which would decrease the number of authorized common shares to 400 million. Melnyk Gives Up On Winning Back Biovail
Financial Post
Mr. Melnyk, who also owns the Ottawa Senators of the National Hockey League, has sold more than 9.6 million shares of Biovail since November 2009, essentially giving up on a company he has tried to ..... Corporate U.s.a. Braces For Health Care Reform Bill
Financial Post
Following a final day of high-stakes political brinkmanship inside the U.S. Capitol and outbursts of angry protest outside, Democrats won a narrow 219-212 vote on a bill that will extend medical ... Real Estate Association To Vote On Amendments Monday
Financial Post
OTTAWA -- The Canadian Real Estate Association is expected to vote Monday on modifications to the way Canadians buy and sell homes. CREA has proposed an overhaul of its rules in the wake of allegatio... Markets Lower As Commodities Slide
Financial Post
Markets opened lower Monday as commodities fell and concerns continued about Greece's debt problems. The Toronto Stock Exchange's S&P/TSX composite index was down 52.3 points to 11,895.6 at 9.55 ... China Pushes May Meeting To Ease Strains With U.s.
Financial Post
BEIJING -- A top-level dialogue between China and United States in May will be "very important" for defusing strains between the two big economies, Chinese Premier Wen Jiabao said on Monday. The prem...
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