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Reuters: Business News
  • Yahoo profit down, outlook intact; CEO set to stay
    SAN FRANCISCO (Reuters) - Yahoo Inc's net profit fell 19 percent but investors took heart that it did not change its outlook despite a weakening U.S. economy and the distraction of Microsoft Corp's failed takeover bid.

  • Wachovia, other U.S. banks post dismal results
    NEW YORK (Reuters) - Wachovia Corp and Washington Mutual Inc led several large U.S. banks in posting weak second-quarter results on Tuesday, hurt by soaring losses from mortgages and other debt.

  • Stocks rise as oil's drop trumps earnings
    NEW YORK (Reuters) - Stocks rose more than 1 percent on Tuesday as oil prices slid over $3 a barrel, taking the edge off a raft of disappointing earnings from American Express and others as well as a weak outlook from iPod maker Apple.

  • National City looking to sell unit: report
    NEW YORK (Reuters) - National City Corp is trying to sell its money-management unit, according to the Wall Street Journal's online edition.

  • Vote looms in Congress on housing rescue plan
    WASHINGTON (Reuters) - A major rescue package for the U.S. housing market is scheduled to come to a vote in the House of Representatives on Wednesday, with lawmakers agreeing final language late on Tuesday and congressional analysts putting a $25-billion potential price tag on a new provision.

Reuters TV: Business
Comprehensive coverage of stories that are currently moving the financial markets around the world.

Coverage includes breaking news, market reports, newsmaker interviews and key company profiles.

  • Japan back from Bubble
    Oct. 18 - Japanese real estate prices are rising again, 16 years after its "Bubble" era ended in tears.
  • Intel cheers Asian shares
    Oct. 18 - Asian shares rose Thursday on expectations of lower U.S. interest rates and strong results by tech giant Intel.
  • New facets for diamond business
    Oct. 16 - The world diamond industry says it wants to rethink its business strategy and give more power to producing countries in Africa.
  • Posting for profit
    Oct. 10 - A new service from Blinkx.com allows consumers to take a cut of ad revenue from video on their own websites.
  • A380 finally lands in Singapore
    Oct. 17 - Two years later than originally scheduled, the Airbus A380 superjumbo lands in Singapore ready for commercial service.
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