Member 3855


Stocks rally as jobs data spurs optimism (Reuters)

04-09-2010 05h43
Reuters - Wall Street closed a stellar week on Friday after recent economic data, including a stronger-than-expected labor market report, bolstered optimism that the economy would not fall back into recession.

Taxpayers likely to face initial loss on GM IPO: sources (Reuters)

04-09-2010 08h33
Reuters - The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.

Payrolls data offer ray of hope for recovery (Reuters)

04-09-2010 08h24
Reuters - U.S. employment fell for a third straight month in August, but the drop was far less than expected and private hiring was a positive surprise, relieving concerns about a stalling economic recovery.

China tells state companies to explore Potash bid (Reuters)

04-09-2010 06h10
Reuters - Chinese officials have ordered state companies to meet investment bankers to explore ways to block BHP Billiton's $39 billion bid for Potash Corp, a source with direct knowledge of the matter said.

Obama to address new economic ideas next Wednesday (Reuters)

04-09-2010 07h14
Reuters - President Barack Obama said on Friday he would outline new measures next week to boost the U.S. economy, but analysts were skeptical he would be able to deliver a big enough package to lift growth significantly.
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