Business News Archives

Stocks rise in early trading (AP)

Monday, March 29th, 2010 at 7:49 am  
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Traders work on the floor of the New York Stock exchange during afternoon trading on March 17 in New York City. Wall Street stocks are set to build on nearly year and a half highs as they face next week's key economic reports and the Federal Reserve's monetary policy meeting.(AFP/Getty Images/File/Spencer Platt)AP – Stocks are rising in early trading as investors grow more comfortable about a global economic recovery.


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Greece to issue new 7-year govt bond (AP)

Monday, March 29th, 2010 at 5:46 am  
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A European Union flag waves under Acropolis hill in Athens, on Friday, March 26, 2010. Greek markets rallied and the largest union said it would hold off on further strikes amid widespread relief in the debt-plagued country over a cash support program agreed by other euro countries. (AP Photo/Thanassis Stavrakis)AP – Greece appointed five banks to handle a new seven-year bond issue Monday — the first after eurozone nations agreed on a plan to help the debt-ridden country should it find itself unable to pay off loans.


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China slaps Rio employees with up to 14 years jail (AP)

Monday, March 29th, 2010 at 3:47 am  
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Factfile on the trial of four Rio Tinto employees in China, accused of bribery and industrial espionage. A Chinese court convicted four employees of mining giant Rio Tinto including an Australian national on bribery and trade secrets charges, handing down jail terms ranging from seven to 14 years.(AFP/Martin Megino/Gal)AP – A Chinese court slapped four employees of mining giant Rio Tinto with jail terms of seven to 14 years on bribery and commercial secrets charges, unexpectedly harsh sentences that included a decade of imprisonment for Australian Stern Hu.


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JP Morgan payoff in WaMu case faces FDIC hurdle: report (Reuters)

Monday, March 29th, 2010 at 1:48 am  
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The JP Morgan and Chase headquarters is seen in New York in this January 30, 2008 file photo. REUTERS/Shannon StapletonReuters – The Federal Deposit Insurance Corp is not yet on board with Washington Mutual Inc’s bankruptcy reorganization plan, including a massive tax refund to JPMorgan Chase & Co , according to the company and a Wall Street Journal report.


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Farmers group touts lentils, other healthy legumes (AP)

Monday, March 29th, 2010 at 1:48 am  
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AP – Lentils are a hot topic among gourmets these days, with recipes for them popping up in most major food magazines.

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