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  10:41am PST, 11/07/09
Business News
G-20 finance officials: Too early to end stimulus ST. ANDREWS, Scotland (AP) -- Finance officials from rich and developing countries pledged Saturday to maintain emergency support for their economies until recovery is assured and committed themselves to urgent action on tackling climate change....
Jobless: 10 percent is tougher than it used to be WASHINGTON (AP) -- It hurts more to be unemployed now than the last time the jobless rate hit 10 percent....
Software cos. eye key patent case in Supreme Court WASHINGTON (AP) -- With the technology industry looking on, the Supreme Court on Monday will explore what types of inventions should be eligible for a patent in a pivotal case that could undermine such legal protections for software....
Banks in Ga., Mich., Minn., Mo., Calif. closed CHARLOTTE, N.C (AP) -- Regulators on Friday shut banks in Georgia, Michigan, Minnesota, Missouri, and California, bringing the number of bank failures this year to 120 amid the struggling economy and a cascade of defaults on loans....
Obama appeals for health care votes WASHINGTON (AP) -- President Barack Obama made a last-minute personal appeal to Democrats to pass landmark health care legislation Saturday as the House opened debate on a bill to expand coverage to millions of the uninsured....
Analysis: 10 percent jobless is Obama's new world WASHINGTON (AP) -- For months he had warned it was coming but that didn't ease the political shockwaves for President Barack Obama when unemployment topped 10 percent....
China offers Africa more trade, investment BEIJING (AP) -- China is offering to abolish import duties on some commodities from Africa and make sure Chinese exports to the continent are safe as part of a package to boost already thriving economic ties, China's commerce minister said in an article published Saturday....
Both sides set to vote on Philly transit contract PHILADELPHIA (AP) -- Members of Philadelphia's largest transit union and the Southeastern Pennsylvania Transportation Authority are set to vote on a contract to end the strike that has idled buses, subways and trolleys for five days....
Berkshire Hathaway says 3Q profit triples to $3.2B OMAHA, Neb. (AP) -- Paper gains on derivative contracts helped Berkshire Hathaway Inc. triple its third-quarter profit as its insurance businesses did well, but Warren Buffett's company said Friday that many of its other operating businesses struggled....
Stocks post modest gains as job losses slow NEW YORK (AP) -- Investors undaunted by a surprisingly weak jobs report found enough positive news to nudge stocks higher Friday....
One minute of the latest headlines, direct from AP. (Updated hourly)
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Stocks post modest gains as job losses slow NEW YORK (AP) -- Investors undaunted by a surprisingly weak jobs report found enough positive news to nudge stocks higher Friday....
AIG, Magna, Activision Blizzard are big movers NEW YORK (AP) -- The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange:...
How the major stock indexes fared on Friday Investors added to the week's strong gains in the stock market after finding some positives in a surprisingly weak jobs report. Stock indexes posted a modest advance in light trading Friday after the Labor Department said the nation's unemployment rate topped 10 percent in October for the first time since 1983, but also that the pace of job losses slowed. The rise in joblessness, while not welcome news for the economy, reassured some investors that the Federal Reserve will have to hold inte...
 
 
Earnings Wire
Berkshire Hathaway says 3Q profit triples to $3.2B OMAHA, Neb. (AP) -- Paper gains on derivative contracts helped Berkshire Hathaway Inc. triple its third-quarter profit as its insurance businesses did well, but Warren Buffett's company said Friday that many of its other operating businesses struggled....
Earnings Preview: Ticketmaster 3Q results seen up LOS ANGELES (AP) -- Ticketmaster Entertainment Inc., the nation's largest ticket seller and proposed merger partner of Live Nation Inc., is scheduled to report its third-quarter earnings on Monday. The following is a summary of key developments and analyst opinion related to the period....
Earnings Preview: Live Nation 3Q seen lower LOS ANGELES (AP) -- Live Nation Inc., the world's biggest concert promoter and proposed merger partner of Ticketmaster Entertainment Inc., is scheduled to report its third-quarter earnings on Monday. The following is a summary of key developments and analyst opinion related to the period....
Freddie Mac loses $6.3B in 3Q WASHINGTON (AP) -- Freddie Mac's losses narrowed to $6.3 billion in the third quarter, but the government-controlled mortgage finance company didn't need a federal cash infusion....
Earnings roundup: Freddie Mac, PriceSmart Among the earnings stories for Friday, Nov. 6, from AP Financial News:...
 
 
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