World News Center
Asia stocks slip on U.S. worries (Reuters)
July 30, 2010
Reuters - Asian stocks sagged on Friday as worries U.S. growth data may surprise on the downside and downbeat comments from a Federal Reserve official gave investors reason book profits from a steady rally this month.
Citigroup to pay $75 million to settle SEC charges (Reuters)
July 30, 2010
Reuters - 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)
July 30, 2010Reuters - Two lawsuits have been filed over a gob of toothpaste.
SEC charges Wyly brothers with $550 million fraud (Reuters)
July 30, 2010Reuters - 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)
July 30, 2010Reuters - 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.
European shares rise on strong earnings (AFP)
July 30, 2010
AFP - Europe's leading stock markets advanced on Thursday, shaking off falls in Tokyo, as dealers reacted to a barrage of earnings from blue-chip companies, including strong numbers from telecoms.
Business Highlights (AP)
July 30, 2010AP - Initial jobless claims drop to 457,000
Alcatel-Lucent posts 2nd quarter loss (AP)
July 30, 2010AP - Alcatel-Lucent SA says its net loss in the second quarter was a wider-than-expected euro184 million (US$240 million) but said it remains on track for a targeted improvement in profitability this year.
Italy seeks private sponsors to restore Colosseum (AP)
July 30, 2010AP - 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)
July 30, 2010AP - State Attorney General Andrew Cuomo said Thursday that he had opened a fraud investigation into how life insurers pay out benefits after policyholders die.
Pages: 1 2 3 4 5
