Monthly Archives: October 2011

Qantas ordered to halt dispute after fleet grounded (Reuters)

Written on October 30, 2011 by Editor - Business News

MELBOURNE/SYDNEY (Reuters) – An Australian labor tribunal ordered Qantas Airways and its unions to immediately terminate all industrial action and return to the negotiating table to resolve a dispute after the airline grounded its entire global fleet. Fair Work Australia, … Continue reading →

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Germany, France back SNB chief to lead FSB: report (Reuters)

Written on October 30, 2011 by Editor - Business News

ZURICH (Reuters) – German Chancellor Angela Merkel and French President Nicolas Sarkozy are backing the candidacy of the head of Switzerland’s central bank to lead the Financial Stability Board, a newspaper reported on Sunday. The FSB, the G20′s regulatory task … Continue reading →

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Insight: Dreaded "Brazil cost" may dim Foxconn’s iPad dreams (Reuters)

Written on October 30, 2011 by Editor - Business News

JUNDIAI, Brazil (Reuters) – The nondescript stretch of asphalt is an unlikely symbol of Brazil’s attempt to lift its economy into a new high-tech era. If officials in the industrial town of Jundiai get their way, it will soon be … Continue reading →

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Commentary says China not a "savior" for Europe (Reuters)

Written on October 30, 2011 by Editor - Business News

BEIJING (Reuters) – Europe should not expect China to ride to the rescue as its “savior” from the debt crisis, though Beijing will do what it can to help a friend in need, state-run news agency Xinhua said in a … Continue reading →

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Whirlpool to cut 5,000 jobs to reduce costs

Written on October 30, 2011 by Editor - Finance Top Stories

A Whirlpool logo is seen on a Whirlpool refrigerator on the Singers showroom floor Thursday, Oct. 27, 2011 in Philadelphia. Whirlpool Corp. says it will cut 5,000 jobs in an effort as it faces soft demand and higher costs for … Continue reading →

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Clear Channel cuts jobs in regional reorganization

Written on October 30, 2011 by Editor - Finance Top Stories

SymbolPriceChangeP15.13+0.31{“s” : “p”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} LOS ANGELES (AP) — Clear Channel Communications Inc. said Friday that it had dismissed some on-air and off-air staff earlier this week, in a reshaping of its regional and local programming … Continue reading →

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Behind the numbers: Samsung passes Apple in phones

Written on October 30, 2011 by Editor - Finance Top Stories

Visitors pass by a billboard of Samsung Electronics’ Galaxy smartphone in Seoul, South Korea, Friday, Oct. 28, 2011. Samsung’s net profit has slid 23 percent in the third quarter despite strong smartphone sales. (AP Photo/Lee Jin-man) SymbolPriceChangeAAPL404.95+0.26NOK7.18-0.13{“s” : “aapl,nok”,”k” : … Continue reading →

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Oil prices lower a day after big gains

Written on October 30, 2011 by Editor - Finance Top Stories

NEW YORK (AP) — Oil prices dropped Friday as investors acknowledged that Europe needs to tighten its belt for years to work through a credit crisis and factory production stalled in Japan. Benchmark crude fell 64 cents to end the … Continue reading →

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Chase, Wells Fargo drop debit fees, BofA to adjust

Written on October 30, 2011 by Editor - Finance Top Stories

SymbolPriceChangeBAC7.35+0.30C34.16+0.39JPM36.69+0.02RF4.27+0.13WFC27.08+0.01{“s” : “bac,c,jpm,rf,wfc”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} Read More from the Article Source: http://us.rd.yahoo.com/finance/news/rss/story/*http%3A//us.rd.yahoo.com/finance/news/topfinstories/*http%3A//biz.yahoo.com/ap/111028/us_debit_fees_about_face.html

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Stocks finish mixed after Thursday’s big rally

Written on October 30, 2011 by Editor - Finance Top Stories

In this Oct. 27, 2011 photo, specialist Jennifer Klesaris, right, works at her post on the floor of the New York Stock Exchange Thursday, Oct. 27, 2011. The euphoric rally in share prices fed by a European deal to cut … Continue reading →

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