The week ahead
Categories: Financial Media
Entrepreneur's Edge: Jelli.com
Reuters Small Business presents expansion pitches from upstarts across the country. In the era of iTunes and mp3s, does anyone listen to the radio? Jelli's founders believe they can reinvent radio for the social media generation. Here is their pitch:
Categories: Financial Media
RIM's Pearl 3G to power profit, analyst says
OTTAWA (Reuters) - Research In Motion is poised to beat profit expectations over the next 12 months, powered by demand for its new BlackBerry Pearl 3G smartphone, a TD Newcrest analyst said on Friday.
Categories: Financial Media
Goldman shares rise on false SEC settlement rumor
NEW YORK (Reuters) - Goldman Sachs Group Inc shares rose as much as 5.4 percent on Friday on rumors of a possible settlement with regulators and a feeling that the stock could be oversold.
Categories: Financial Media
State jobless rates ease in April
CHICAGO (Reuters) - State April unemployment rates were higher than a year ago in most states but fell from March 2010 levels in dozens of states, the Labor Department reported on Friday, as recession-fueled joblessness eased.
Categories: Financial Media
LeBow overtakes Ackman as Borders' top shareholder
NEW YORK (Reuters) - Financier Bennett LeBow is buying a 15.5 percent stake in Borders Group Inc , making him the bookseller's top shareholder ahead of William Ackman, and could command an even greater share of the company through a warrants issue.
Categories: Financial Media
Factbox: Comparing EU and U.S. financial reform
LONDON (Reuters) - The Senate approved a reform of Wall Street on Thursday and President Barack Obama may be signing into law the most sweeping changes to financial rules since the 1930s as soon as next month.
Categories: Financial Media
Obama meeting Dodd, Frank on financial reform
WASHINGTON (Reuters) - President Barack Obama will meet on financial reform on Friday with Senator Christopher Dodd, the chairman of the Senate banking committee, and Representative Barney Frank, chairman of the House financial services committee, the White House said.
Categories: Financial Media
Euro finance chiefs target crisis
May 21 - Euro ministers meet for the first time to discuss changes to the way the 27-nation bloc manages public finances and its coordination of economic policy as investors flee the euro.
Categories: Financial Media
SEC and Goldman have not reached settlement: sources
WASHINGTON (Reuters) - U.S. regulators and Goldman Sachs Group Inc have not reached an agreement to settle civil fraud charges, sources familiar with the matter said on Friday.
Categories: Financial Media
Euro rises against the dollar
May 21 - The euro rises for its first weekly gain versus the U.S. dollar in six weeks, as investors who had bet the currency would fall further bought it to prevent losses in case of currency intervention.
Categories: Financial Media
Senate approves sweeping Wall Street reform bill
WASHINGTON (Reuters) - The Senate approved a sweeping Wall Street reform bill on Thursday night, capping months of wrangling over the biggest overhaul of financial regulation since the 1930s.
Categories: Financial Media
Google shares rise after regulator approves AdMob deal
NEW YORK (Reuters) - Shares in Google Inc rose 0.4 percent to $477.50 after the Federal Trade Commission said on Friday it was closing its investigation of Google's AdMob deal after finding that it was unlikely to harm competition. Just after the news the shares rose almost 1 percent.
Categories: Financial Media
BA posts record loss
May 21 - British Airways posts a record 531 million pounds full-year loss, hit by the recession, industrial disputes and the winter snow.
Categories: Financial Media
Business Update: Rally attempt
May 21 - Wall Street is trying to put together a rally as it tries to rebound from another sharp opening drop. Conway G. Gittens reports.
Categories: Financial Media
Business Update: Germany says yes
May 21 - Germany's parliament gives a multi billion euro zone aid package the nod, while British Airways announces record losses and BP fends off accusations of underplaying the severity of the Gulf of Mexico oil spill.
Categories: Financial Media
PepsiCo to invest $2.5 billion more in China
CHICAGO (Reuters) - PepsiCo Inc plans to invest $2.5 billion in China over the next three years to expand its presence in a major, growing market where its drinks lag behind rival Coca-Cola Co .
Categories: Financial Media
April mass layoffs rise led by manufacturing
WASHINGTON (Reuters) - The number of mass layoffs by U.S. employers rose in April led by manufacturers who shed workers even as the economy began to recover.
Categories: Financial Media
Support for UBS tax deal rises in Swiss parliament
BERNE (Reuters) - A key lawmaker from Switzerland's largest party said on Friday he expected parliament to back a controversial Swiss-U.S. deal to end a bitter tax dispute over UBS.
Categories: Financial Media
Berlin approves euro-aid bill
Categories: Financial Media










