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Solis: Small business tax credit key

Reuters Business Video - Fri, 03/09/2010 - 19:45
Sept. 3 - U.S. Labor Secretary Hilda Solis says the labor market can expect ups and downs, but the economic recovery is headed in the right direction.
Categories: Financial Media

Small business lending up in July

Reuters Business Video - Fri, 03/09/2010 - 19:38
Sept. 3 - The Thomson Reuters/PayNet index rose 2 percent in July, adding to signs the US economic recovery is gaining a little steam but it remains near historically low levels.
Categories: Financial Media

Obama to offer new economic plans

Reuters Business Video - Fri, 03/09/2010 - 19:38
Sep 3 - U.S. President Obama says economy moving in the right direction but not fast enough, and that he will offer a new plan next week to help growth. Deborah Lutterbeck reports.
Categories: Financial Media

Steady growth for euro zone services

Reuters Business Video - Fri, 03/09/2010 - 19:38
SEP 03 - Recovery in the euro zone's service sector steadies, Roche's cost cutting plans, BP revises spill costs, fugitive businessman in London court and UK alcohol consumption is down.
Categories: Financial Media

Kia recalls 56,000 Souls, Sorentos in U.S., S. Korea

Reuters Business News - Fri, 03/09/2010 - 18:23
DETROIT/SEOUL (Reuters) - Kia Motors said on Friday it had started a recall of some 56,000 Soul and Sorento vehicles sold in the United States and South Korea due to defective wiring harnesses that could cause fires.


Categories: Financial Media

Obama talks jobs, small business

Reuters Business Video - Fri, 03/09/2010 - 17:46
Sept. 3 - U.S. President Barack Obama discusses August jobs data, which came in better than expected.
Categories: Financial Media

Campbell Soup profit beats Street but sales light

Reuters Business News - Fri, 03/09/2010 - 17:45
CHICAGO (Reuters) - Campbell Soup Co posted lower-than-expected quarterly sales and forecast sales growth for the new fiscal year below its long-term target as the world's largest soup company grapples with a weak economy.


Categories: Financial Media

Non-manufacturing sector slows in August: ISM

Reuters Business News - Fri, 03/09/2010 - 17:10
NEW YORK (Reuters) - The U.S. non-manufacturing sector grew in August for an eighth straight month but at a slower pace than July and at a rate that was below expectations, according to an industry report released on Friday.


Categories: Financial Media

Owners of a third of 3PAR back HP bid

Reuters Business News - Fri, 03/09/2010 - 16:26
NEW YORK (Reuters) - Data storage provider 3PAR Inc said on Friday that shareholders owning about a third of its shares have agreed to accept Hewlett-Packard Co's proposal to buy the company for $2.4 billion.


Categories: Financial Media

Walgreen same-store sales miss expectations

Reuters Business News - Fri, 03/09/2010 - 16:15
CHICAGO (Reuters) - Walgreen Co posted weaker-than-expected August sales at stores open more than a year, hurt by generic drug introductions and a decrease in customer traffic.


Categories: Financial Media

Global food supply fears grow

Reuters Business Video - Fri, 03/09/2010 - 16:13
Sept. 3 - The concern over global food supply is increasing amid food riots in Mozambique and Russia extending their wheat export ban.
Categories: Financial Media

Drugmaker Roche's cost cutting plans

Reuters Business Video - Fri, 03/09/2010 - 16:08
Sept. 3 - Swiss drug maker Roche is to review its business and cut costs to cope with recent setbacks on key drugs and rising pressures on prices from healthcare reforms.
Categories: Financial Media

Heavy in dollars, China warns of depreciation

Reuters Business News - Fri, 03/09/2010 - 15:34
BEIJING (Reuters) - China on Friday offered a rare glimpse into its foreign exchange reserves, confirming that they are overwhelmingly allocated in dollars, while a central banker said the mountain of cash could face depreciation risks.


Categories: Financial Media

BP oil spill costs hit $8bln

Reuters Business Video - Fri, 03/09/2010 - 14:53
Sept 3. - BP says the cost of dealing with its spill in the Gulf of Mexico has risen to $8 billion and that it's a fortnight away from sealing the well for good.
Categories: Financial Media

Banks admit better disclosure on bonuses needed

Reuters Business News - Fri, 03/09/2010 - 14:32
LONDON (Reuters) - Banks have acknowledged they need to be more open about the size of their bonus pools and the methodology for paying star bankers after making progress in other areas of reforming pay structures.


Categories: Financial Media

Service sector spotlight shines on Germany, China

Reuters Business News - Fri, 03/09/2010 - 13:32
LONDON (Reuters) - Global service sector surveys highlighted a growing divergence in economic recovery on Friday with a pick up in growth in China and Germany but slowdowns in Britain and Spain and an expected deceleration in the United States.


Categories: Financial Media

Canada's Goldcorp to buy Andean for $3.4 billion

Reuters Business News - Fri, 03/09/2010 - 12:09
SYDNEY (Reuters) - Canada's Goldcorp Inc agreed to buy Argentina-focused gold miner Andean Resources Ltd for C$3.6 billion ($3.4 billion), trumping a competing offer from rival Eldorado Gold Corp.


Categories: Financial Media

Strong yen has upside for Japanese

Reuters Business Video - Fri, 03/09/2010 - 10:03
Sep 3 - Japanese officials are struggling with the strongest currency in 15 years, but for consumers and some companies there have been benefits. Dan Sloan reports.
Categories: Financial Media

Samsung raises 2010 smartphone sales target: report

Reuters Business News - Fri, 03/09/2010 - 08:32
SEOUL (Reuters) - Samsung Electronics Co Ltd , the world's No.2 handset maker, expects to sell up to 25 million smartphones this year, exceeding its earlier target, and aims to double shipments next year, media reports said on Friday.


Categories: Financial Media

HP wins 3PAR for $2.4 billion as Dell drops out

Reuters Business News - Fri, 03/09/2010 - 04:20
NEW YORK (Reuters) - Hewlett-Packard Co won the bidding war to buy data storage company 3PAR Inc for $2.4 billion, as rival Dell Inc bowed out on Thursday.


Categories: Financial Media