World News Center
Crafting a Career in Eco-Chic Jewelry (BusinessWeek)
September 5, 2010BusinessWeek - Goldman Sachs may not have a lot of friends in the White House these days, but one of its former employees has made a good impression. After three years as an analyst in Goldman's fixed-income, currencies, and commodities division, Monique Pean began her own jewelry line that can now be found in Barneys, Jeffrey New York, and around the neck of Michelle Obama.
Suzuki to build new auto plant in India (AFP)
September 5, 2010
AFP - Japan's top minicar maker Suzuki Motor Corp. is to build a new auto assembly plant near the Indian capital New Delhi in a bid to meet growing demand in the country, a newspaper reported on Sunday.
Obama planning new package of economic aid (AP)
September 5, 2010
AP - Eager to jumpstart the economy ahead of crucial midterm elections, President Barack Obama said Friday he intends to unveil a new package of proposals, likely including tax cuts and targeted spending, to spark job growth.
BP: Crews lifting device from Gulf face delay (AP)
September 5, 2010
AP - Investigators looking into what went wrong in the Gulf of Mexico oil spill are a step closer to answers now that a key piece evidence is secure aboard a ship.
MGIC added $1.2B in mortgage coverage in August (AP)
September 5, 2010AP - Private mortgage insurer Mortgage Guaranty Insurance Corp. said Friday it added $1.2 billion in new primary insurance coverage in August and the number of delinquent loans it insures declined.
Exclusive: American Apparel in talks with restructuring firm (Reuters)
September 5, 2010Reuters - Hipster brand American Apparel Inc is in talks to bring in an outside restructuring firm as the manufacturer and retailer struggles to fix its flagging operations, sources told Reuters on Friday.
Spending cuts before 2011 could hurt recovery: IMF, ILO (AFP)
September 5, 2010
AFP - The IMF and the UN labour agency are urging advanced economies not to cut government spending before 2011, warning that a move to tighten fiscal policies could hurt the global recovery.
Petrobras sells 64 bln dlrs of stock to fund oil exploration (AFP)
September 5, 2010
AFP - Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.
Trichet calls for united EU at the IMF (AFP)
September 5, 2010
AFP - European Central Bank chief Jean-Claude Trichet called Saturday for Europe to hold a united position on refomin the International Monetary Fund.
Campbell reports Q4 profit rise on better margins (AP)
September 5, 2010
AP - Summer is rarely a hot sales season for Campbell Soup Co., and this year's sweltering June and July made that even more true, but the company said Friday that cost-cutting and strong drink sales helped its net income climb.
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