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Yahoo! News: Business News');document.write('
Stock futures up on Europe data ahead of jobless claims (Reuters)');document.write('
Reuters - Stock index futures rose on Thursday following two days of declines for the S&P 500 after upbeat European economic data and ahead of an expected drop in U.S. jobless claims.
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Panasonic buying Sanyo, other unit for $9.4 billion (Reuters)');document.write('
Reuters - Japan\'s Panasonic Corp (6752.T) plans to buy out subsidiaries Sanyo Electric (6764.T) and Panasonic Electric Works (6991.T) for up to 818.4 billion yen ($9.4 billion) to strengthen its push into greener businesses.
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Shell Q2 profits double as overhaul beats targets (Reuters)');document.write('
Reuters - Royal Dutch Shell Plc (RDSa.L) said second-quarter current cost of supply (CCS) net income jumped 94 percent to $4.53 billion thanks to a strong operating environment and a speedy restructuring of the group.
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Moody\'s reports higher second-quarter profit (Reuters)');document.write('
Reuters - Moody\'s Corp reported a higher second-quarter profit as a pickup in debt issuance drove an increase in demand for it ratings.
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Two IPOs get mixed reception (Reuters)');document.write('
Reuters - A natural gas limited partnership IPO was priced at the top of the expected range on Wednesday while an investment technology platform company IPO was priced at the bottom of the range and sold fewer shares.
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Soros to buy 4 pct stake in Bombay bourse: report (AFP)');document.write('
AFP - Billionaire investor George Soros is close to sealing a 40-million-dollar deal to buy Dubai Holding\'s 4.0 percent stake in the Bombay Stock Exchange (BSE), the Financial Times reported Wednesday.
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Jobless rate to stay high: former Fed No. 2 (Reuters)');document.write('
Reuters - The United States will suffer high unemployment for some time as it slowly recovers from the deep recession that ended in 2009, a former second in command at the Federal Reserve said on Wednesday.
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Thomson Reuters 2Q profit slips 9 percent (AP)');document.write('
AP - Thomson Reuters Corp. says its second-quarter net income fell 8 percent on weakness in its legal and markets divisions.
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Eurozone economic confidence \'highest in two years\' (AFP)');document.write('
AFP - Business and consumer confidence in the 16-nation eurozone jumped in July to its highest level in more than two years, driven by regional powerhouse German, the European Union said Thursday.
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Mortgage lenders must register in database (AP)');document.write('
AP - Loan officers at banks will be required to provide their names and fingerprints to a national database as part of an effort to crack down on shady operators who fed the real estate bubble.
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Greek police tear gas protesting fuel drivers (AP)');document.write('
AP - Greek police used tear gas Thursday to disperse protesting fuel-truck drivers, whose strike is hurting tourism and industry, after the government issued an emergency order to force them back to work.
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Out-of-stock Kindle may mean new version coming (Reuters)');document.write('
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.
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France Telecom first half net profit up 45 pct (AP)');document.write('
AP - France Telecom SA said Thursday that first half net profit rose 45 percent due to a one-off gain, although revenue and margins were eroded by regulatory costs and competition in the home market in France.
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Shell defends deep-water drilling as profits soar (AFP)');document.write('
AFP - Royal Dutch Shell posted soaring profits on Thursday and defended deep-water oil production, saying it has an \"important role\" to play despite the US Gulf of Mexico disaster that rocked rival BP.
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When the Tax Hikes Are Coming (U.S. News & World Report)');document.write('
U.S. News & World Report - If you love class warfare, your moment has arrived. The next several weeks, leading up to the November elections, are sure to be filled with resounding political invective over who should pay for Washington\'s profligate spending over the last decade. Democrats will argue that the rich and near-rich should pony up, since they have the most money to start with. Republicans will point to the needy, arguing that they\'ve been getting too much aid for too long. Tea Partiers will struggle to decide whose benefits should be cut in order to achieve the smaller government they envision. ...
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Toyota recalls 412,000 cars in US, mostly Avalons (AP)');document.write('
AP - Toyota is recalling 412,000 passenger cars, mostly the Avalon model, in the U.S. for steering problems in which three accidents have been reported, the automaker said Thursday.
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Five Insights into Innovating via Mobile Devices (BusinessWeek)');document.write('
BusinessWeek - Hey, you rock star, you. You know all about innovating through mobility, right? You do the text messaging and the digital coupons. You\'re even developing the app your boss wants. You\'re mirroring what you have on your website. All in all, you have it under control. Yep, you can check another item off your to-do list.
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