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Posts Tagged ‘Business’

Ferrari recalls 1,248 supercars after fires

Ferrari recalls 1,248 supercars after fires

Thursday, September 2, 2010 13:06

Ferrari says it is recalling 1,248 of its “458 Italia” supercars after reports of fires breaking out in five of the luxury vehicles in several countries.

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Oh snap! Carrot campaign mimics junk food

Thursday, September 2, 2010 11:41

Baby carrot farmers are launching a campaign that pitches the little, orange, crunchy snacks as daring, fun and naughty — just like junk food.

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ConsumerMan: Beware of acai berry offers

ConsumerMan: Beware of acai berry offers

Thursday, September 2, 2010 10:55

The exotic acai berry has been the superstar in the world of diet supplements. But the federal government is cracking down on false advertising claims and unlawful payment practices

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Pending home sales rise 5.2% in July

Thursday, September 2, 2010 9:30

The number of buyers who signed contracts to purchase previously occupied homes increased in July but remained well below last year's levels, a sign that demand for housing remains weak.

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Low interest rates squeeze pension funds

Thursday, September 2, 2010 9:29

The plunge in interest rates has put the nation’s public and private pension funds badly underfunded, leaving pension fund managers with a giant hole to fill.

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GM roadshow to begin after elections: sources

GM roadshow to begin after elections: sources

Thursday, September 2, 2010 7:06

Automaker General Motors Co plans to begin courting investors for its initial public offering immediately after the November 2 U.S.

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Summary Box: US fears mean risk for ECB (AP)

Wednesday, September 1, 2010 13:30

AP - THE SITUATION: Indicators are pointing up at the European Central Bank, which may be about to raise its 2010 economic projections. But that brightening picture is being increasingly darkened by fears about the recovery in the U.S.

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U.S., Europe auto sales tumble as subsidies fade 
    (Reuters)

U.S., Europe auto sales tumble as subsidies fade (Reuters)

Wednesday, September 1, 2010 13:30

Reuters - Auto sales in the United States and Europe slumped in August, reflecting the end of government subsidies that had propped up demand and underscoring uncertainty about the strength of the U.S.

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Deflation key to more easing: Fed’s Plosser (Reuters)

Wednesday, September 1, 2010 12:38

Reuters - The Federal Reserve should only embark upon further monetary easing if faced with a dangerous downward price spiral, otherwise it risks undermining its credibility, a top Fed official said on Wednesday.

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Private employers cut 10,000 jobs in August

Wednesday, September 1, 2010 7:59

Private employers unexpectedly cut jobs in August, a report by a payrolls processor showed on Wednesday, delivering another blow to the already faltering economic recovery.

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