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The Consumer Price Index dropped by its sharpest rate in 61 years in October, the U.S. Department of Labor said Wednesday. The drop of 1 percent in the headline figure meant consumers had taken their collective foot off the the gas...
United Press Internationa, 1:38pm ET
A California think tank says there has been a sharp increase in the number of children being home schooled in the United States. The latest issue of Education Next, published by Stanford University's Hoover Institution, cites government...
United Press Internationa, 1:38pm ET
Al-Qaida criticized U.S. President-elect Barack Obama Wednesday with a racist diatribe that also predicted an ultimate U.S. defeat in Iraq and Afghanistan. The missive from No. 2 terrorist Ayman al-Zawahiri was posted on an Islamist Web...
United Press Internationa, 1:38pm ET
A complaint against Alaska Gov. Sarah Palin charges she violated state ethics rules by publicly discussing her political future from the governor's office. Zane Henning from Wasilla, Alaska, told The Anchorage Daily News he filed the...
United Press Internationa, 1:38pm ET
Aon Corp. said Wednesday that it has received antitrust clearance for its $1.58 billion purchase of British reinsurance broker Benfield Group Ltd., which Aon originally disclosed in late August. The Chicago-based insurance broker said...
McClatchy-Tribune Informa, 1:43pm ET
A group of consumers filed a proposed nationwide class-action lawsuit earlier this week against Bayer Healthcare LLC, a subsidiary of Bayer AG (FRA: BAY), alleging the pharmaceutical giant skirted FDA requirements in marketing two aspirin-based...
PR Newswire, 12:38pm ET
Intuit Inc. (Nasdaq:INTU) today announced first-quarter revenue of $481 million, an 8 percent increase over the year-ago quarter. "First-quarter revenue was within our expected range, and operating income and earnings per...
BusinessWire, 4:03pm ET
Microsoft Corp. today held its Annual Shareholder Meeting, where Microsoft chief executive officer Steve Ballmer discussed the company's plans to drive continued long-term growth and shareholder value in a challenging economic environment....
PR Newswire, 1:18pm ET
Researchers have sold over 1,000 solar stoves to rural families in Senegal in a bid to prove that the ovens can improve child and maternal health and reduce household fuel consumption. Many institutions including the World Health...
All Africa Global Media, 5:04pm ET
Nexterra Energy Corp. (www.nexterra.ca) announced today that it has been selected by Kruger Products Ltd. to supply a biomass gasification system for its tissue mill in New Westminster, B.C. The new system will be the first of its kind in the...
PR Newswire, 12:04pm ET
President-elect Barack Obama, D-Ill., may face the issues of climate change and alternative energy in the coming years, and some are wondering what he will do with his Cabinet to address them. Robert Brown, director of the Iowa Farm...
University Wire, 8:03am ET
Nexterra Energy Corp. (www.nexterra.ca) announced today that it has been selected by Kruger Products Ltd. to supply a biomass gasification system for its tissue mill in New Westminster, B.C. The new system will be the first of its kind in the...
CNW Group, 12:04pm ET
Pratt & Whitney Rocketdyne has taken a major step toward powering the nation's next-generation space launch vehicle with the completion of the J-2X engine Critical Design Review (CDR). Pratt & Whitney Rocketdyne is a United Technologies...
PR Newswire, 4:04pm ET
In the latest step in the search for life on Mars, a project led by the University of Arizona and involving professors and researchers at other American universities, finished gathering data from the Phoenix Mars Lander last week. The...
University Wire, 7:29am ET
The Air Force Office of Scientific Research has awarded Aurora Flight Sciences a Small Business Technology Transfer (STTR) Phase 1 contract to begin development of an innovative concept for the aerial recovery of Micro Air Vehicles (MAVs) by...
Market Wire, 3:14pm ET
When David Welch began receiving phone calls and e-mails to his home and business from all sorts of companies about applications for loans, cash advances and credit cards, he got worried: The owner of a legal staffing business in Fort Lauderdale...
McClatchy-Tribune Informa, 4:14pm ET
Shares of Bank of Montreal , Bank of Nova Scotia and Canadian Imperial Bank of Commerce led Canadian banking stocks lower on Wednesday morning as analysts said big securities-related writedowns loom in their upcoming quarterly reports....
Xinhua Financial News, 3:03pm ET
U.K. businesses are having to pay more to borrow and are cutting back on investment as a result, the Bank of England's regional agents said in a report published Wednesday. In early November, the BOE cut its key Bank rate to 3.0% from...
DowJones Select, 9:19am ET
Turkey's central bank cut its key benchmark borrowing rate by 50 basis points in a surprise move on Wednesday, saying it expected inflation to fall faster than previously forecast. The bank also cut its overnight lending rate by 100...
Xinhua Financial News, 3:03pm ET
Japan's top six banking groups, hit by the global financial crisis, saw their combined profits plummet 58 percent in the first six months in fiscal 2008. Their profits, shown in their earnings statements released Tuesday, totaled 398...
United Press Internationa, 9:19am ET
Stock Market Update Updated: 19-Nov-08 The market at 15:00 ET Dow: -191.63... Nasdaq: -49.25... S&P: -26.87... NYSE Vol: 991 mln.. Adv: 305.. Dec: 2841 Nasdaq Vol: 1.65 bln.. Adv:...
Briefing.com Market Comme, 3:14pm ET
U.S. stocks headed for a sharply lower open on Wednesday as diminishing prospects for a U.S. auto industry government rescue added to worries about the slumping global economy. The upheaval rocking the U.S. auto industry was underscored...
Xinhua Financial News, 9:24am ET
U.S. stocks fell on Wednesday as financial shares tumbled and uncertainty over a possible rescue for the U.S. auto industry fueled concerns about the deepening economic slump. Adding to the gloom, the Federal Reserve slashed its...
Xinhua Financial News, 3:14pm ET
Stock Market Update Updated: 19-Nov-08 The market at 09:14 ET Dow: ... Nasdaq: ... S&P: ... NYSE Vol: .. Adv: .. Dec: Nasdaq Vol: .. Adv: .. Dec: Moving the Market...
Briefing.com Market Comme, 9:24am ET
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