iPhones Carry Apple Past Wall Street Estimates; Coca-Cola Beats Estimates of Overseas Sales; CIT May Still Face Bankruptcy; TARP Czar Calls for Transparency; Caterpillar Stock Jumps on Brighter Outlook; BlackRock Beats Estimates, State Street Falls Short; Merck Considering Partner For Schering-Plough Consumer Health Operations; Yahoo Sales Down, Profit Up
TARP May Cost Taxpayers $23.7 Trillion; Economists: Recession Not Over Yet; GM Gets 3 Bids for Opel; Defaults on Commercial Real Estate Hit 20-year High; Drug Company’s Stock Rises 276.81% After Successful Test; Porsche/Volkswagen Deal On Hold For Now; LEI Rises Again; AOL CEO to Revamp Advertising, Develop Community Sites…
Google Revenues, Profits Rise; IBM’s Bumps Margins; Foreclosures Up as Well as Single-Family Homebuilder Confidence; Initial Unemployment Claims Fall to Lowest Level Since January; Sun Shareholders Approve Oracle Merger
Tech Bulls Boost Markets; Crude Tops $60 a Barrel; Bing Takes Bite Out of Yahoo, But Not Google; Weatherization Funds Cause Concern About Fraud; Paulson Defends BofA/Merrill Deal; U.S. Weighs in On China’s Spy Game; Microsoft Stores: Next to An Apple Store Near You
These days, we’re all facing unemployment, whether or not we’re working. That’s because as unemployment rises, as layoffs continue and as prospects for a “jobless recovery” escalate, losing a job is top-of-the mind, if not all-consuming and all-encompassing.
Retail Sales Rise; Eurozone Output Up; Intel Posts Loss, Lower Sales; KFC/Pizza Hut Parent Sees Profit Rise; Layoffs Ground US Airways; Continental Records $44 Million Charge; Wells Fargo Sells $600 Million in Bad Mortgages?
GM May Salvage Pontiac Car; CIT Void to Be Filled, More Expensive; Dell Expects Higher Q2 Revenue; U.S., UBS Lawsuit Delayed for Possible Settlement; U.S. Deficit Grows; Russian Investor Boosts Stake in Facebook; Microsoft Office Goes Online
Alcoa Inc. (NYSE: AA) reported a lower-than-expected second-quarter loss on Wednesday, the first in what is projected to be a lackluster season for U.S. corporate earnings.
Jobless Claims Fall; China Detains Four Rio Tinto Employees for Alleged Espionage; Retail Roughed Up in June; China Auto Sales Skyrocket; Broadcom Drops Acquisition Attempt; Mortgage Rates Fall; Madoff Won’t Appeal Sentence
