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Wall Street buoyed by upbeat economic data
(Reuters)
Reuters - Stocks rose modestly on Thursday as better-than-expected jobs and trade data added to optimism over the economic recovery.
Data shows economic recovery still on track
(Reuters)
Reuters - New U.S. claims for unemployment benefits fell more than expected last week to a two-month low, while the trade deficit narrowed sharply in July, hopeful signs for the stuttering economic recovery.
As Wall Street Sheriff, Coffey would be discreet
(Reuters)
Reuters - New York state attorney general candidate Sean Coffey on Thursday said he was the only contender qualified to police Wall Street and called Democratic rivals career politicians fixated on becoming governor.
McDonald's France lags in August, shares fall
(Reuters)
Reuters - McDonald's Corp's European sales growth fell in August from the sizzling levels it experienced for much of the year due to weakness in France, which generates the company's biggest European sales, and its shares fell nearly 3 percent.
British MPs to grill BP CEO Hayward
(Reuters)
Reuters - British Members of Parliament (MPs) will next week grill outgoing BP Plc Chief Executive Tony Hayward, as part of an investigation into risks around deepwater drilling in the North Sea.
Kuwait appoints first stock market regulator
(AFP)
AFP - Kuwait has appointed its first independent regulatory body, the Capital Market Authority, to oversee its stock exchange, Commerce Minister Ahmad al-Harun said on Wednesday.
US jobless claims drop faster than expected
(AFP)
AFP - The number of Americans filing new claims for jobless benefits fell faster than expected last week, extending a three-week decline, government data showed Thursday.
Spartech posts fiscal 3Q loss, misses expectations
(AP)
AP - Plastic sheet and packaging maker Spartech Corp. reported a net loss for its fiscal third quarter on Wednesday and said that despite higher revenue, the overall market recover is slower than expected.
Struggling Spain OKs labor market reforms
(AP)
AP - Spain gave final approval Thursday to labor market reforms designed to shake up a listless economy and help slash a bloated deficit that has prompted European-wide worries of another Greek-style debt crisis.
Retire Rich While Others Work Forever
(The Motley Fool)
The Motley Fool - The looming cloud hanging over our collective financial future has a big, fat silver lining -- if you bother to look for it.
CA-CANADA Summary
(Reuters)
Reuters - Canadian Finance Minister Jim Flaherty said on Thursday he is concerned by the record high trade deficit Canada had in July and he called on the private sector to step up investment to improve productivity and help support economic growth. Canada's monthly trade deficit in July rose more than expected as anemic demand from the United States sapped exports, while imports surged to their highest level since November 2008.
Toys R Us to double U.S. store print for holiday season
(Reuters)
Reuters - U.S. retailer Toys R Us, which has filed for an initial public offering, said it plans to open about 600 temporary stores in malls and shopping centers nationwide, doubling the number of store locations for the holiday season.
Avg. mortgage rate up to 4.35 pct. off decades-low
(AP)
AP - Mortgage rates mostly edged up last week as investors' fears about the economy eased.
Teamsters Support Steelworkers Trade Case Against Illegal Activities By China
(PR Newswire)
PR Newswire - USW Case Exposes Violations of Trade Law by China in Effort to Dominate Alternative and Renewable Energy Industry
Obama firm against tax cuts for rich
(Reuters)
Reuters - President Barack Obama stood firm on Thursday in opposition to a Republican push to extend Bush-era tax cuts for the rich but stopped short of threatening to veto such a measure if passed by Congress.
Ford summons dealers to discuss Lincoln's future
(Reuters)
Reuters - Ford Motor Co will host a meeting for its Lincoln dealers in early October to discuss its plans for re-energizing a brand that has long trailed luxury market competitors such as Cadillac and Mercedes.
Web Impostors May Face Prison in California
(BusinessWeek)
BusinessWeek - California Web impostors beware: You may soon be breaking the law, even if you aren't one of the perpetrators targeted by the state's "e-personation" bill.
