Business and Finance News
 Fund-poor schools close in Missouri
Bangkok News.Net
In the US, the school board in Kansas City has decided to close 26 of the city's 59 public schools to keep the district afloat financially.
Forbes says Gates no longer the world's richest
Bangkok News.Net
Mexican tycoon Carlos Slim is the world's richest person, knocking Microsoft founder Bill Gates into second spot, as the wealth of the world's billionaires grew by 50 per cent over the last year.
Sarkozy, Merkel Propose Clampdown On Speculators
Seattle Post-Intelligencer
German chancellor Angela Merkel, right, is welcomed by Dutch Prime Minister Jan Peter Balkenende as she arrived for a meeting in The Hague, Netherlands, Thursday March 11, 2010. (AP Photo/Peter Dejong...
Cambium Learning Group, Inc. Announces 2009 Earnings
RedOrbit
DALLAS, March 11 /PRNewswire-FirstCall/ -- Cambium Learning Group, Inc. (Nasdaq: ABCD) ("the Company"), a leading provider of research-based education solutions for students in Pre-K through 12th grad...
Materials Decline As China Considers Higher Rates
MarketWatch
NEW YORK (MarketWatch) -- Chemical and mining stocks led a material-sector decline on Thursday after fresh data from China showed the nation continues to struggle with inflation, raising concerns it m...
Union Memo Adds To Toyota's Safety Woes
Guardian
Toyota Camry cars on the lot of a US dealer. Toyota has recalled millions of cars in America. Photograph: TANNEN MAURY/EPA A four-year-old memo from Japanese factory workers warning that safety was ...
Tory Tech Plans Let The City Off The Hook
Guardian
Tory technology manifesto of failing to keep up with the hot trends. Crowdsourcing parliament? Check. Superfast broadband? Check. Opensource software and open data standards? Tick. Tick. Even price co...
Pub Shares Lifted By Wetherspoon Results
Guardian
The company has been winning market share from competitors suffering in the depressed economy, and is now preparing to take over more of their pubs.With 746 pubs, the target is to open 500 in the next...
Wall Street Up On Wholesale Data
eTaiwan News
Wall Street stocks drifted higher Wednesday after government data showed a drop in wholesale inventories and rising sales, lifting hopes of economic recovery and improvement in the job market.The Dow ...
House, Senate Leaders Agree On Health
Business Week
March 11 (Bloomberg) -- U.S. House and Senate leaders have agreed on legislative language to push forward President Barack Obama’s proposed overhaul of the nation’s health-care system, a t...
Why I Don’t Want A Child Talking To My Pilot
Business Week
“I think it is ridiculous that the controller was even suspended! There was no safety risk, the kid did a top job and I think the world needs to wake up to itself and stop being so paranoid.”
Lockheed F-35 At Risk Of Missing Goals, Gao Says
Business Week
March 11 (Bloomberg) -- Lockheed Martin Corp.’s F-35 jet fighter, its largest program, faces “substantial risk” of not delivering “the expected number of aircraft and required ...
Iceland Unemployment Up Sharply: Data
Times Of India
REYKJAVIK: Iceland's unemployment rate jumped to 9.3 percent of the work force in February from 9.0 percent in January, official figures showed on Wednesday. The Labour Directorate has foreseen ...
Financial System Overhaul Hits A Hurdle
MSNBC
March 11: Senate Banking Committee Chairman Dodd plans to unveil a financial regulation bill Monday without GOP support. The CNBC news team has the details.
U.s. Court Reaffirms I4i Patent Win Over Microsoft
CBC News
Software company i4i says it has another legal victory over Microsoft Corp. in its patent infringement dispute. A three-member panel of the U.S. Court of Appeals for the Federal Circuit has again aff...
Big Majority Wants Wall Street Regulation
Reuters
(Reuters) - An overwhelming majority of Americans wants Wall Street subjected to tougher regulation in the aftermath of the bank bailout and the bonus scandals that have rocked the U.S. financial sect...
Big Majority Wants Wall Street Regulation
Reuters
(Reuters) - An overwhelming majority of Americans wants Wall Street subjected to tougher regulation in the aftermath of the bank bailout and the bonus scandals that have rocked the U.S. financial sect...
Exxon Mobil To Lift 2010 Project Spending
Market Watch
NEW YORK (MarketWatch) -- Exxon Mobil Corp. is looking beyond the current global glut in fossil fuels in anticipation of a spike in energy demand, Chief Executive Rex Tillerson said Thursday. The...
Ex-cazenove Broker Sentenced To 21 Months Jail
Fox Business
LONDON -- Malcolm Calvert, a former equities marketmaker at Cazenove, was sentenced to 21 months prison for insider trading, the Financial Services Authority said on Thursday. On Wednesday, Calvert w...
Natural Gas Off 2% After Supplies Data
Fox Business
NEW YORK -- Natural gas futures fell nearly 2% on Thursday, after the Energy Information Administration said U.S. supplies of natural gas fell 111 billion cubic feet in the week ended March 5, in lin...
Update: Chicago Board Options Exchange Files For Ipo
Fox Business
(Updates throughout with background, detail) Of DOW JONES NEWSWIRES BOCA RATON, Fla. -(Dow Jones)- The Chicago Board Options Exchange on Thursday moved ahead with plans for a long-delayed initial pub...
Freddie Mac: 30-yr Fixed-rate Mortgage Rate Slips
Fox Business
SAN FRANCISCO -- Freddie Mac said Thursday the 30-year fixed-rate mortgage average slid to 4.95% with an average 0.7 point for the week ending March 11. In the previous period, the average was 4.97%,...
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