Business

Traders work on the floor of the New York Stock Exchange Reuters

Indexes open down on lingering econ fears

Reuters – 44 mins ago

NEW YORK (Reuters) – Stocks opened lower on Friday following losses in global equity markets as worries about the economic recovery persisted. Full Story »

  • India sees solution on BlackBerry emails next week: source

    Reuters – 1 hr 15 mins ago  

    NEW DELHI (Reuters) - BlackBerry-maker Research In Motion may provide some solution next week to help Indian security agencies access corporate email by obtaining encrypted data in readable format, a government source said on Friday. Full Story »

  • KNOC launches $2.6 billion hostile bid for Dana Petrlm

    Reuters – 34 mins ago  
    A worker works at the loading/unloading bay of Korea National... Reuters

    LONDON/SEOUL (Reuters) - State-run Korea National Oil Corp (KNOC) made a hostile cash bid worth $2.6 billion for Britain's Dana Petroleum Plc on Friday, highlighting a strengthening in South Korea's resolve to secure energy assets overseas. Full Story »

  • A look at the Vice Fund

    AP – Thu Aug 19, 3:25 pm ET  

    Here's a look at the Vice Fund, a mutual fund that specializes in buying the "sin stocks" of companies in the cigarette, alcoholic beverage, gambling and defense contracting industries: Full Story »

  • Economic numbers point to darker outlook

    Reuters – Thu Aug 19, 4:53 pm ET  
    Case worker Jessica Yon discusses job eligibility for unemployed... Reuters

    WASHINGTON (Reuters) - The frail U.S. economy received fresh setbacks as new U.S. jobless claims scaled a nine-month high last week and Mid-Atlantic manufacturing shrank in August for the first time in more than a year. Full Story »

  • Glance: A look at Hormel's revenue by category

    AP – 17 mins ago  

    Hormel Foods Corp., the maker of Spam and Dinty Moore meat products, said revenue rose 10 percent in the third quarter. Here's a closer look at results. Full Story »

  • US appeals own win in WTO spat over EU Airbus aid

    AP – Thu Aug 19, 6:09 pm ET  

    GENEVA - The U.S. appealed on Thursday its own victory in a landmark trade ruling against European subsidies for planemaker Airbus, asking the World Trade Organization to toughen its condemnation of the EU's financial meddling in a market worth more than $3 trillion over the next two decades. Full Story »

  • Summary Box: Mortgage rates drop to 4.42 pct.

    AP – Thu Aug 19, 3:47 pm ET  

    RATES SINKING: The average rate for 30-year fixed loan fell this week to 4.42 percent, mortgage buyer Freddie Mac said. Analysts say they could dip below 4 percent if the economy worsens. Full Story »

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World News

Massive flooding in Pakistan appears to be draining support for the already-weak civilian government while boosting the powerful military, a blow to U.S. and domestic hopes for a strong Pakistani democracy capable of undercutting the allure of al-Qaida and the Taliban. Full Story »

Technology News

E-reading: Revolution in the making or fading fad?

AP – Fri Aug 20, 3:33 am ET

The marriage of an American technology firm and a Taiwanese display panel manufacturer has helped make digital reading a prospective challenger to paper as the main medium for transmitting printed information. Full Story »

Science News

Fifty-eight pilot whales died after they washed onto an isolated beach in northern New Zealand and rescue volunteers' initial efforts to refloat 15 others that survived failed Friday. Full Story »

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