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Global Chief to Lead Wal-Mart

Posted by neophyteblogger 1283 days ago (http://www.washingtonpost.com)
Category: Business | Tags: economy growing market share wal-mart
Wal-Mart made the surprise announcement yesterday that Mike Duke, the head of its international division, will replace H. Lee Scott Jr. as chief exec[...] read more »
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Bank of Japan holds rates unchanged

Posted by neophyteblogger 1284 days ago (http://www.marketwatch.com)
Category: Economy | Tags: bank of japan overnight call rate
The Bank of Japan's Policy Board voted unanimously Friday to hold its key overnight call rate unchanged at 0.3%, as expected. read more »
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Argentine Senate Approves Takeover of $24 Billion in Pensions

Posted by neophyteblogger 1284 days ago (http://www.bloomberg.com)
Category: Economy | Tags: argentine senate pensions
Argentina’s Senate approved President Cristina Fernandez de Kirchner’s plan to nationalize about $24 billion in private pensions, a move the oppositi[...] read more »
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R.I. unemployment rate climbs to 9.3%

Posted by neophyteblogger 1284 days ago (http://www.projo.com)
Category: Economy | Tags: r.i unemployment rate
Rhode Island’s unemployment rate last month climbed to 9.3 percent, the highest since 1983, as job cuts in the private and public sectors coursed thr[...] read more »
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Crude Oil Rises From Lowest Since May 2005 as Equities Rebound

Posted by neophyteblogger 1284 days ago (http://www.bloomberg.com)
Category: Economy | Tags: bank of japan crude oil
Crude oil rose from near the lowest level since May 2005 as Asian equities gained for the first time in five days on speculation governments will ste[...] read more »
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Fannie, Freddie Said to Increase Efforts to Cut Foreclosures

Posted by neophyteblogger 1294 days ago (http://www.bloomberg.com)
Category: Real Estate | Tags: fannie freddie
Fannie Mae, Freddie Mac and housing industry officials plan a new mortgage modification program designed to cut payments for hundreds of thousands of[...] read more »
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AIG insurance

Posted by neophyteblogger 1294 days ago (http://www.bloomberg.com)
Category: Economy | Tags: aig leads insurance losses as global tal
American International Group Inc. has led North American insurers to more than $120 billion in debt- market losses, helping to push the tally for the[...] read more »
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Economy fears dog Asia stocks

Posted by neophyteblogger 1294 days ago (http://www.reuters.com)
Category: Stocks | Tags: asia stocks
Asian stock markets and oil prices retreated on Tuesday while the yen pushed higher as a souring economic outlook cooled investor hopes sparked by Ch[...] read more »
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China's Stimulus Plan Cheers Markets, But Doubts Remain

Posted by neophyteblogger 1294 days ago (http://online.wsj.com)
Category: Economy | Tags: asia financial market
Asia's financial markets greeted China's massive stimulus plan warmly, but with caveats that underscored concern that economic stability in China w[...] read more »
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Circuit City Files for Chapter 11 Protection

Posted by neophyteblogger 1294 days ago (http://www.washingtonpost.com)
Category: Tech | Tags: circuit city
Circuit City Stores, the nation's second-largest consumer electronics retailer, said yesterday that tightened credit and rapidly declining consumer [...] read more »
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American Express Wins Federal Reserve Approval to Become Bank

Posted by neophyteblogger 1294 days ago (http://www.bloomberg.com)
Category: Economy | Tags: american express bank
American Express Co. won Federal Reserve approval to become a commercial bank, gaining access to funds as credit losses build and sales of asset-back[...] read more »
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Managing Mortgage Credit Risk in America

Posted by neophyteblogger 1294 days ago (http://www.findapdf.com)
Category: Economy | Tags: mortgage credit risk
The present mortgage crisis in America has forced us to consider our options to measure and manage mortgage credit risk. Evidently the mortgage risk [...] read more »
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Walgreen Plans Revamp Amid Rising Competition

Posted by neophyteblogger 1305 days ago (http://online.wsj.com)
Category: Economy | Tags: walgreen
Walgreen Co. plans to cut costs, overhaul stores and change the way it fills prescriptions as it shifts gears to respond to rising competition and s[...] read more »
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Asian Bond Risk Rises by Record in October on Earnings Concern

Posted by neophyteblogger 1305 days ago (http://www.bloomberg.com)
Category: Stocks | Tags: asia bonds
The cost of protecting Asia-Pacific bonds from default rose by a record in October on concern slowing economic growth will hurt companies' earnings [...] read more »
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Oil producers’ profits may be at their peak

Posted by neophyteblogger 1305 days ago (http://www.chron.com)
Category: Economy | Tags: exxon profits
Exxon Mobil Corp. is less than $4 billion away from crushing last year’s $40.6 billion record for the largest-ever annual profit at a public company,[...] read more »
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