Wall St falls on tech outlook worries (Reuters)

Traders work on the floor of the New York Stock Exchange, July 22, 2010. REUTERS/Brendan McDermidReuters - U.S. stocks sagged in volatile trading on Thursday after weak outlooks from technology companies and downbeat comments from a Federal Reserve official gave investors little reason to buy.



Citigroup to pay $75 million to settle SEC charges (Reuters)

Pedestrians walk past a Citibank branch in Washington in this January 19, 2010 file photo. REUTERS/Jim YoungReuters - Citigroup Inc will pay $75 million to settle charges that it failed to disclose subprime exposure to investors in 2007, the U.S. Securities and Exchange Commission said on Thursday.



Colgate, Glaxo sue over toothpaste "nurdle" (Reuters)
Reuters - Two lawsuits have been filed over a gob of toothpaste.

SEC charges Wyly brothers with $550 million fraud (Reuters)
Reuters - The Securities and Exchange Commission charged billionaire Samuel Wyly and his brother Charles with fraud for reaping more than $550 million of illicit gains by trading stock in four companies while they were serving as directors.

MetLife posts Q2 earnings of $1.5 billion, beating Street (Reuters)
Reuters - MetLife Inc , the biggest U.S. life insurance company, posted a second-quarter profit of $1.53 billion, helped by higher premium revenue from sales domestically and abroad.

FTSE 100 edges up in early deals (AFP)

London's leading shares rose slightly at the start of trading on Thursday as positive corporate earnings figures countered weak US economic data.(AFP/File/Carl de Souza)AFP - London's leading shares rose slightly at the start of trading on Thursday as positive corporate earnings figures countered weak US economic data.



Big Oil posts better profits on higher fuel prices (AP)

FILE - In this file photo taken July 7, 2010, an unidentified oilfield worker ties pipes to be raised on an oil rig as the sun sets in the Persian Gulf desert oil field of Sakhir, Bahrain. Exxon earned the majority of its income from exploration and production operations in foreign waters, particularly in Africa, Asia and the Middle East. Exxon's results showed a jump in profits across its exploration and production, refining and chemicals businesses. (AP Photo/Hasan Jamali, file)AP - The major oil companies continue to climb back from the recession, with higher fuel prices driving up earnings.



Epicor 2Q loss narrows (AP)
AP - Business software maker Epicor Software Corp. said Thursday that its second-quarter loss narrowed as revenue climbed.

Italy seeks private sponsors to restore Colosseum (AP)
AP - Italian officials are seeking to raise some euro25 million (about $32 million) in private money to finance the restoration of one of the country's iconic landmarks: the Colosseum.

NY AG announces probe of life insurance industry (AP)
AP - New York Attorney General Andrew M. Cuomo says his office has opened a "major fraud investigation" into the life insurance industry.

China allows release of critical IMF report (AFP)

Chinese 100 yuan notes being counted in Beijing in June 2010. China allowed an IMF report critical of its currency policy to be released Thursday for the first time in four years, signaling Beijing's increasing confidence that it can control the international debate on the yuan.(AFP/File/Frederic J. Brown)AFP - China allowed an IMF report critical of its currency policy to be released Thursday for the first time in four years, signaling Beijing's confidence that it can control the debate on the yuan.



Out-of-stock Kindle may mean new version coming (Reuters)
Reuters - Amazon.com said its best-selling Kindle device was currently out of stock, leading one Internet analyst to surmise the online retailer was poised to launch a new version.

1    2    Next