Reuters
NEW YORK (Reuters) – Stocks index futures pointed to a slightly higher open on Wednesday as investors looked to build on a rally in the last session and push the S&P; 500 above key technical levels. Full Story »
SAN FRANCISCO (Reuters) - Hewlett-Packard Co , which dazzled Wall Street with rock-steady performance during Mark Hurd's five-year reign, faces the difficult task this week of reassuring investors it can sustain that showing as competitors search for openings. Full Story »
Reuters CHICAGO (Reuters) - Target Corp posted higher quarterly earnings, helped by sales of more profitable items like clothing and improved profit at its credit card business. Full Story »
AFP/File LONDON (AFP) - London shares rose on Tuesday as a climb in metal prices boosted mining stocks while a solid start on Wall Street also supported trade. Full Story »
AP NEW YORK - Hot weather kept gardeners indoors and economic uncertainty still had professional builders holding back during the second quarter, Home Depot said Tuesday. Full Story »
AP NEW YORK - Target Corp.'s second-quarter net income rose 14.3 percent, helped by cost-cutting that offset weaker-than-expected revenue. Full Story »
HIGH PRICES: Inflation eased in Britain to 3.1 percent last month from 3.2 percent in June. But it remained well above the government's 2 percent target for the eighth straight month. Full Story »
Reuters WASHINGTON (Reuters) - Fannie Mae and Freddie Mac should be abolished rather than reformed as part of the Obama administration's planned overhaul of the government's role in housing finance, Rep. Barney Frank, chairman of the House Financial Services committee, said on Tuesday. Full Story »
AFP/File NEW DELHI (AFP) - India said Tuesday it may take the United States to the World Trade Organisation over a "protectionist" US move to hike work visa fees that will hit the country's flagship outsourcing sector. Full Story »
BANGALORE (Reuters) - Furniture maker and retailer La-Z-Boy Inc posted a quarterly loss and said its storm-hit Mexico operations had not yet normalized. Full Story »
Politicians don't want future taxpayer bailouts of Fannie Mae and Freddie Mac but also don't want to do anything to hurt home prices. Full Story »
TOKYO (Reuters) - Checks on a Japanese tanker damaged by what it reported as an "explosion" near the Strait of Hormuz oil shipping route found a soot-like substance in a large dent in its hull, the Transport Ministry in Tokyo said on Wednesday. Full Story »
AP BELL, Calif. - The California city of Bell has ended a loan program devised by the former city administrator whose exorbitant salary sparked a scandal in the small working class city, interim city manager Pedro Carrillo said Tuesday. Full Story »
SHANGHAI/BEIJING (Reuters) - General Motors and China's SAIC Motor Corp (600104.SS) deepened their ties to include the joint development of small engines and transmissions as the U.S. automaker seeks to draw on the allure of the fast-growing China market ahead of a highly anticipated IPO. Full Story »
WikiLeaks founder Julian Assange says the U.S. Army has expressed willingness to discuss the online whistleblower's request for help in reviewing classified documents from the Afghan war and removing information that could harm civilians. Full Story »
Udoay Ghosh sat sipping coffee before an early morning flight from Dubai International Airport, looking with affection at his two — yes, two — BlackBerry smart phones laid out in front of him. Full Story »
Researchers are warning that the Gulf of Mexico oil spill is a bigger mess than the government claims and that a lot of crude is lurking deep below the surface, some of it settling perhaps in a critical undersea canyon off the Florida Panhandle. Full Story »
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