Member 2472


GM stays U.S. market leader (Reuters)

02-07-2008 03h10
Reuters - General Motors Corp posted an 8.3 percent decline in June U.S. auto sales after adjusting for sales days in the month, a better-than-expected result for the embattled automaker.

S&P, Nasdaq up as GM's stock soars (Reuters)

02-07-2008 03h44
Reuters - Stocks cut losses on Tuesday, with both the S&P and the Nasdaq (.IXIC) turned positive after General Motors Corp reported stronger-than-expected June sales, helping temper worries about the impact of high fuel prices on corporate earnings.

Inflation flare-up mars factory rebound (Reuters)

02-07-2008 02h06
Reuters - Manufacturing expanded in June for the first time in five months, helped by a weak dollar, but inflation pressures soared to their highest since the stagflation-ravaged 1970s, according to a report that highlighted the bind facing policy-makers.

Grasso wins pay dispute ruling (Reuters)

02-07-2008 03h16
Reuters - Former New York Stock Exchange chief Richard Grasso won another big victory on Tuesday in his efforts to keep his $187.5 million pay package, with a court throwing out state officials' remaining claims against him.

Retail gasoline demand down on $4 pricetag (Reuters)

02-07-2008 03h03
Reuters - U.S. retail gasoline demand remained in a slump as high prices at the pump trimmed demand for the fuel, MasterCard Advisors said Tuesday.

Manufacturers struggle to overcome rising prices (AP)

02-07-2008 03h10
AP - Each week, Ira Cooper opens a letter from another supplier with the same message as the last: We're raising our prices, effective immediately. We can't tell you how long the new prices will last.

European shares dive as inflation worries bite (AFP)

01-07-2008 19h36
AFP - Europe's main markets slumped on Tuesday, the start of the third quarter, as oil prices jumped back toward record highs, fuelling worries about rising inflation.

Justice to seek more information from Swiss bank (AP)

01-07-2008 20h14
AP - The Justice Department said it is seeking information from Swiss bank UBS AG about U.S. taxpayers who may have used offshore accounts to avoid paying federal income taxes.
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