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Caulk Replaces Show Kitchens at Home Depot, Lowe's
Dyane Townley craves new kitchen counters for her home in Greensboro, North Carolina. Husband Jeff, a Honda Aircraft Co. engineer, wants a bigger back deck. With money tight, the Townleys are putting those dreams on hold.
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IRS Says May It Withdraw UBS Lawsuit After Handover of Swiss Account Data
Switzerland said it expects to deliver account data on almost 4,450 UBS AG clients suspected by the U.S. of tax evasion, prompting the Internal Revenue Service to say it will drop a lawsuit against the bank within months.
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Botswana Holds Benchmark Interest Rate at 10% for Fourth Straight Time
Botswana held its key interest rate at 10 percent for the fourth consecutive time today over concerns that economic growth in the southern African may slow during the third quarter of the year.
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Gas Drops to 11-Month Low After U.S. Supplies Increase More Than Predicted
Natural gas futures fell to an 11- month low after an Energy Department report today showed that U.S. stockpiles rose more than forecast last week.
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Delta Seeks London Heathrow Service From Miami, Boston in Challenge to AMR
Delta Air Lines Inc. said it’s seeking to add flights from London’s Heathrow Airport to Boston and Miami, routes flown by AMR Corp. ’s American Airlines.
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Yen, Dollar Fall as Investor Appetite Increases for Higher-Yielding Assets
The yen and dollar fell against most of their major counterparts as investors sought higher-yielding assets, damping demand for the two currencies as a refuge.
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Obama Administration Seeks to Tighten U.S. Trade Laws
The Obama administration plans to step up enforcement of trade laws against nations, such as China and Vietnam, that help subsidize companies exporting cheap goods to the U.S.
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Ernst & Young Sued by Investors Over $17 Million Loss in Parkcentral Funds
Investors in Parkcentral Capital Management LP hedge funds, whose investments were wiped out in 2008, sued Ernst & Young LLP, accusing the accounting firm of fraud in its role as the funds’ auditor.
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Canadian Solar May Profit on Ontario Panel Demand, Analyst iSuppli Says
Canadian Solar Inc. , a manufacturer of solar-power modules, will benefit as rules in the Canadian province of Ontario that require local manufacturing will create demand for its products, industry analyst iSuppli said.
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Flu Kills 23,607 in U.S. Yearly, One-Third Fewer than Previously Estimated
Influenza killed an average 23,607 people each year in the last three decades, one-third fewer than the 36,000 estimate previously used to weigh the severity of a flu season, a U.S. study found.
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If Rich CEOs Are Outsiders, McCain Is One Too: Margaret Carlson
As the noted political pundit John Lennon put it, “Your inside is out and your outside is in.”
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VTB Bondholders Hit as Bank Forgoes Call Option: Russia Credit
Investors in Russian corporate bonds are facing losses after the plunge in U.S. Treasury yields to near record lows spurred VTB Bank to become the nation’s first lender to pass up an option to repay debt before it’s due.
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Top-Seed Nadal Draws Gabashvili at U.S. Open; Roddick May Play Davydenko
Rafael Nadal ’s quest for his first U.S. Open title to complete a career Grand Slam will begin against a Russian barely ranked in the top 100 who has a big upset on his resume.
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Societe Generale Hires Joseph White as U.S. Equity Derivatives Sales Head
Societe Generale SA hired Joseph White , founder of derivatives consulting firm JW Advisors LLC, as a director of U.S. equity derivatives sales.
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EQUITY INDEXES
Dow | 10005.90 | -54.16 | -0.54% |
S&P; 500 | 1049.53 | -5.80 | -0.55% |
FTSE 100 | 5155.84 | +46.44 | +0.91% |
DAX | 5912.58 | +13.08 | +0.22% |
Nikkei | 8906.48 | +61.09 | +0.69% |
Hang Seng | 20612.10 | -22.92 | -0.11% |
CURRENCIES
EURO | 1.2727 | +0.0069 | +0.54% |
JAPANESE YEN | 84.4550 | -0.1200 | -0.14% |
COMMODITIES
BRENT CRUDE | 74.92 | +1.44 | +1.96% |
Gold | 1239.50 | -1.80 | -0.15% |
CORN | 432.00 | +12.00 | +2.86% |
BONDS
U.S. 3-month | 0.14 | 0.15 |
U.S. 2-year | 99.72 | 0.52 |
U.S. 10-year | 101.14 | 2.49 |
MUNICIPAL BONDS
2 Year | 0.32 | -0.03% |
5 Year | 1.18 | -0.02% |
10 Year | 2.49 | -0.06% |
30 Year | 4.25 | -0.05% |