Business and Finance News
- Dow gains nearly 500 points as U.S. stocks roar
The San Antonio News.Net
U.S. stocks soared Friday, with gains accelerating in the final hour of trading.
- European equities give up early gains
The San Antonio News.Net
European shares traded higher for most of Friday but wilted towards the end.
- Asian stock markets close solidly higher
The San Antonio News.Net
Markets in Asia ignored losses on Wall Street overnight and posted solid gains Friday.
- Final overseas appearance coming up for Bush
The San Antonio News.Net
Leaders from the Pacific Rim are preparing for their annual APEC economic summit in Lima on the 21st-23rd November.
- San Francisco goes all-out to become electric
The San Antonio News.Net
The district mayors of the San Francisco area have projected their ideas for a US$1 billion network of electric car recharging stations.
- US Airways brings back free miles
The San Antonio News.Net
US Airways has announced the reinstatement of free miles, which were cancelled when fuel costs were rising.
- Citigroup options placed on the table
The San Antonio News.Net
Citigroup has suggested it might sell businesses and shares, as a means of dealing with the market crisis.
- Europe shows itself to the online world
The San Antonio News.Net
The European Union has launched a free online library which gives multilingual access to two million digitized books and other items of cultural significance.
- US Congress delays car bailout plan
The San Antonio News.Net
Democrats in the US Congress have been unable to secure the numbers to get auto-industry bailout legislation through Congress.
- Canada court rejects airline fee for obese passengers
The San Antonio News.Net
The Supreme Court in Canada has upheld a ruling that obese and disabled people will be able to have two seats for the price of one on domestic flights.
- Colgate-Palmolive riots flare in Nepal
The San Antonio News.Net
There has been a massive upheaval at the factory of Colgate Palmolive in Nepal, with the company announcing the sale of the company after 20 years of operations.
- Travel agents want a return to commission structure
The San Antonio News.Net
Travel agents associations in India have called on air operators to withdraw the transaction fee system they introduced on to reinstate the earlier five percent travel agents commission.
- Arab bourses suffer as Gulf stock loses $538 bn
The San Antonio News.Net
Arab stock markets continued their downward journey this week, with financial analysts Friday citing unjustified 'panic and psychological pressures' from the turmoil on global markets.
- Tokyo stocks extend losses over Wall Street plunge
The San Antonio News.Net
Tokyo stocks extended losses Friday after Wall Street plunged overnight and the global slowdown deepened.
- US Markets plunge, S&P 500 sinks to 11-year low
The San Antonio News.Net
US stocks plunged Thursday, with the broadbased Standard & Poor's 500 Index losing 6.7 percent to close at its lowest point since 1997 and economic indicators signalling a recession.
- Michael Jackson to appear in London court
The San Antonio News.Net
Pop legend Michael Jackson will give evidence in person at London's High Court to defend allegations that he owes $7 million to an Arab sheikh.
- Energy stocks gain back some of their losses
MarketWatch
Natural gas stocks gained back about a third of their steep 16% loss in the previous session on Friday while oil prices held near $50 a barrel and the broad market regained...
- US stocks show moderate advance after sell-off
Times of India
NEW YORK: Wall Street took a break from two days of steep selling to show a moderate advance on Friday as energy, technology and financial stocks mostly rose. Some bargain-hunting after the...
- Embarrassed GM axes two private jets
Guardian
General Motors , the embattled US carmaker, buffeted by criticism for sending its chief executive on a private jet to plead for government aid, vowed today to stop leasing two of its five company...
- Microsoft lets Zune music subscribers keep tunes; most songs in MP3 format
C News
Microsoft Corp. is giving an early holiday gift to people who pay for all-you-can-listen access to the Zune digital music store: 10 songs to keep each month, included in the US$14.99...
- Citigroup weighs potential sale
Business Journal
... announced Monday that it plans to cut 53,000 more jobs across its operations. Citigroup employs more than 3,000 people in Greater Cincinnati, including about 2,700 at its credit card service center...
- As stock plummets, Citi on the brink
MarketWatch
An analyst note Friday from Deutsche Bank illustrated the extent to which the Citigroup's plunging stock price could reduce the bank's value.
- Microsoft to Launch IE8 in First Half of
CIO
Microsoft said it will issue a release candidate for Internet Explorer 8 in Q1 of 2009, but Web developers are complaining that it's moving too fast to catch bugs.
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