Reuters
LONDON (Reuters) – Stock futures for the Dow Jones industrial average, the S&P; 500 and the Nasdaq 100 rise 0.3 to 0.5 percent, pointing to a higher start on Wall Street on Wednesday, after steep declines in the previous session on grim data. Full Story »
DUBLIN (Reuters) - Ireland's financial headache worsened on Wednesday after Standard & Poor's cut its credit rating in a move criticized by the country's debt management agency. Full Story »
WASHINGTON (Reuters) - Shareholders may soon get more power to shake up corporate boardrooms in the U.S. after the financial crisis exposed glaring weaknesses in how companies were managed. Full Story »
TORONTO (Reuters) - Toronto's main stock index closed sharply lower on Tuesday as Bank of Montreal's results came in below market expectations and concerns over domestic growth and the global recovery pressured commodity prices. Full Story »
AFP/File NEW YORK (AFP) - The dollar lost ground against the euro and the yen on Tuesday after a bleak report on housing sales raised fears about the recovery of the US economy. Full Story »
AMSTERDAM - Heineken NV, the world's third-largest brewer, said Wednesday its first-half net profit rose by 42 percent thanks to one-time financial gains, cost cutting and positive currency effects. Full Story »
SHARP RISE: Germany's deficit jumped to 3.5 percent of economic output in the first half of 2010. That puts it on track to break EU budget rules due to the costs of the global economic and financial crisis. Full Story »
Reuters HONG KONG (Reuters) - American International Group Inc is expected to decide by early next week whether to enter formal negotiations with strategic investors for its Asian life insurance business, AIA, sources familiar with the process told Reuters on Wednesday. Full Story »
AFP/File BERLIN (AFP) - Slovakia's prime minister Wednesday launched a vigorous defence of her country's refusal to help pay for a joint EU-IMF bailout for Greece and demanded an apology from Brussels for criticising the decision. Full Story »
ANAHEIM, Calif. - Teen retailer Pacific Sunwear of California Inc. posted a wider loss in its fiscal second quarter as sales fell 10 percent and issued a third-quarter outlook that partly fell below analyst expectations. Full Story »
Low prices and rates can't slow fall in home sales Full Story »
AP NEW ORLEANS - The cleanup of history's worst peacetime oil spill is generating thousands of tons of oil-soaked debris that is ending up in local landfills, some of which were already dealing with environmental concerns. Full Story »
Washington - House Republican leader John Boehner Tuesday called on President Obama to extend the Bush tax cuts, fire his economic team, and listen to the fears and “entrenched uncertainty” that is stalling job growth on Main Street. Full Story »
TOKYO (Reuters) - Toyota Motor Corp said on Wednesday it wants to reach cumulative sales of 5 million hybrid vehicles in the early part of this decade. Full Story »
At least one airline had questioned the safety of nighttime landings at the relatively new airport in northeast China where a passenger jet crashed and burned while trying to land at night on a fog-shrouded runway, killing 42 people and injuring 54. Full Story »
Microsoft Corp.'s technology is now processing all the search requests on Yahoo Inc.'s website in the U.S. and Canada, completing a long-awaited leap that creates a more formidable challenger to Google Inc. in the most lucrative part of the online advertising market. Full Story »
A newly discovered type of oil-eating microbe is suddenly flourishing in the Gulf of Mexico. Full Story »
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