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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.

  • Ethical = profitable?
    Mar. 30 - A new wave of eco-friendly entrepreneurs are carving out niches for their ethical businesses.
  • Stocks mixed in cautious trade
    Mar. 22 - U.S. stocks finished narrowly mixed on Thursday as investors juggled profit warnings, rising energy costs and uncertainty about the direction of interest rates.
  • Asia rises on oil price gains
    Mar 30 - Asian markets rallied on Friday as oil prices climbed above US$66 a barrel.
  • Japan land market blooms
    Mar 30 - Japanese real estate is blooming again, with a new Tokyo development launching Friday.
  • Author Amy Tan on China
    Mar 26 - China continues to grow at breakneck speed, despite government policies to curb the pace of expansion.
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Thu, Jul 24th, 2008, @8:00am
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