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GM's Saab deal falls throughCNNMoney.com - - 12 minutes ago Deal to sell niche Swedish brand to Koenigsegg Group, a maker of high-end sports cars, is called off. By Chris Isidore, CNNMoney.com senior writer It turns out the day after Thanksgiving is a great day to shop for a car. Saab May Be Dead Atlantic Online fdic's Bair cautions on big bank break-up powerReuters - - 31 minutes ago WASHINGTON (Reuters) - A top US bank regulator on Tuesday said lawmakers need to be careful about moving forward with a proposal that could break up the largest financial institutions, while also voicing support for its objective. FDIC fund tumbles into red Bizjournals.com Banks earn $2.8B in 3Q; FDIC says dangers persist The Associated Press Agency is slow on crib recallCoos Bay World - 4 minutes ago WASHINGTON (AP) - The head of the Consumer Product Safety Commission conceded today the agency “hasn't been acting as quickly as it should” on crib safety problems. Infant Deaths Spur Recall of 2.1 Million Stork Craft Cribs U.S. News & World Report China's State Grid Enters Utility Storage MarketCNNMoney.com - 1 hour ago SHANGHAI -(Dow Jones)- China's State Grid Corp. said last week that it had developed its own sodium-sulfur battery for large-scale energy storage applications, marking the entry into that market of a major energy player. The Electric Car Will Usher in Smart Grid 2.0 Seeking Alpha (blog) Treasury Notes Rise After $42 Billion 5-Year Sale as Fed LoomsBloomberg - - 39 minutes ago Nov. 24 (Bloomberg) -- Treasury notes rose after a record $42 billion sale of five-year debt drew the strongest demand in over two years before the Federal Reserve releases the minutes of its November meeting, ... Treasury's Five-Year Auction Draws Strong Demand Wall Street Journal Stocks Fall after GDP RevisionBusinessWeek - 1 hour ago The economy's Q3 growth rate was revised lower to 2.8% from 3.5%. Traders Tuesday also weighed data on home prices and consumer confidence US stock indexes were broadly lower Tuesday morning after reports that third-quarter gross domestic product (GDP) ... Housing Watch: Case-Shiller Up Again TheStreet.com More shoppers plan Black Friday visitsReuters - - 30 minutes ago SAN FRANCISCO (Reuters) - Up to 134 million US consumers may shop for holiday gifts this Thanksgiving weekend, although most will check the bargains before venturing out, according to a survey released on Tuesday. Survey: Black Friday crowds may thicken this year National Jeweler Network Retailers Expect 'Black Friday' Sales to Boom PC Magazine US airlines fined for stranding travelers on planeReuters - - 1 hour ago WASHINGTON (Reuters) - The US government on Tuesday imposed its first-ever punishment against airlines for stranding passengers aboard aircraft, fining three carriers $175000 for a six-hour ordeal in Minnesota. Airport delay results in first-ever federal fine Houston Chronicle 3 airlines fined in Minnesota tarmac stranding The Associated Press US Economy: Growth Estimate Cut as Consumers Curb SpendingBloomberg - - 2 hours ago Nov. 24 (Bloomberg) -- The US economy expanded less than initially estimated last quarter as consumer spending trailed forecasts, raising concerns about the strength of the recovery. Economy's rebound not as strong as first thought The Associated Press Bull Trip? Q3 GDP Report Shows Most of Gains Were Government Sponsored Seeking Alpha (blog) Reports on consumer confidence, GDP tug at stocksThe Associated Press - - 50 minutes ago NEW YORK - Stocks retreated from 13-month highs after a lackluster reading on consumer confidence and a report showing slower economic growth sapped the market's optimism. Consumers more optimistic about recovery CNNMoney.com US Airways defers delivery of 54 aircraftThe Associated Press - 35 minutes ago TEMPE, Ariz. - US Airways said Tuesday it will delay delivery of 54 Airbus jets until at least 2013 as it tries to bolster its financial strength. US Airways Defers 54 Jets Amid Finance Squeeze BusinessWeek US Stocks Down On Worries Over Consumer Spending, EconomyWall Street Journal - - 18 minutes ago Stocks continued their slump Tuesday afternoon as investors worried about consumer spending and the economy and a possible clampdown on bank lending in China. US stocks trim decline after FOMC MarketWatch Stocks retreat after rally CNNMoney.com WRAPUP 1-Barnes & Noble cuts outlook; Borders sales fallReuters - - 2 hours ago NEW YORK, Nov 24 (Reuters) - Barnes & Noble Inc (BKS.N) cut its full-year forecast on expectations of a tough holiday season and high costs for its Nook electronic reader, while rival Borders Group Inc (BGP. Retail Stocks Mixed; Barnes & Noble Cuts Outlook Wall Street Journal WestLB's Owners, German Government Agree on RescueBloomberg - - 1 hour ago Nov. 24 (Bloomberg) -- WestLB AG's owners reached agreement with Germany's bank-bailout fund to rescue the country's third- biggest state-owned lender, which is seeking to shift about 85 billion euros ($127 billion) ... German Govt Gets WestLB Core Bank Silent Participation -Sources Wall Street Journal Medtronic 2Q Profit Soars 59%; EPS Outlook RaisedWall Street Journal - - 36 minutes ago Medtronic Inc.'s (MDT) fiscal second-quarter earnings surged 59% compared with a charge-addled period last year with help from strong revenue growth and an implantable defibrillator business that seemed to shrug off ... Medtronic 2Q profits up nearly 60%, ups guidance for year Bizjournals.com NYMEX-Crude slips on GDP revision, inventory viewsReuters - 1 hour ago NEW YORK, Nov 24 (Reuters) - US crude oil futures fell on Tuesday as on a report showing third-quarter economic growth was less than earlier estimated and on expectations that crude oil inventories rose last week. Crude Oil Futures Slide TheStreet.com Rajaratnam Slams Wiretaps, Cites Analysts in DefenseBloomberg - - 1 hour ago Nov. 24 (Bloomberg) -- Attorneys for Galleon Group founder Raj Rajaratnam denied a US regulator's claims he engaged in insider trading, saying he based investments on analyst research and media reports and ... Rajaratnam Responds to SEC Wall Street Journal Rajaratnam Denies Insider Trading Charges FOXBusiness News Corp. Joined by Rivals Weighing Google BlockBloomberg - - 10 hours ago Nov. 24 (Bloomberg) -- Publishers of the Denver Post and the Dallas Morning News may pull some of their stories from Google Inc.'s news site, a move that would emulate News Corp. News Corp.'s Talks with Microsoft: A Flawed Deal? BusinessWeek Dollar Tree posts 3Q profit on sales boostBusinessWeek - 1 hour ago Dollar Tree Inc. on Tuesday reported a 58 percent rise in profit for the third quarter that topped Wall Street expectations as consumers shopped at the discount store during the weak economy. Dollar Tree Winning; Fred's Losing TheStreet.com Heinz 2Q profit falls 16 percentThe Associated Press - - 1 hour ago PORTLAND, Ore. - HJ Heinz Co.'s says its business is thriving in emerging markets but the recession continued to drag down its US and European sales during the second quarter as shoppers limited spending or chose lower-priced products. Heinz Raises Forecast After Solid Results Briefing.com |
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