The Up To Date News!

“ We provide current headlines and news stories and
information from official sources that concern our world. ”

BREAKING BUSINESS NEWS
Business news stories and events from the corporate world.
XML error: Invalid document end at line 87

We provide breaking corporate business news and headlines

Stocks rally as jobs data spurs optimism (Reuters)

Traders work on the floor of the New York Stock Exchange, August 31, 2010. REUTERS/Brendan McDermidReuters - 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)

FILE - In this June 13, 2010 file photo, Tim Allen arrives at the world premiere of 'Toy Story 3,' at The El Capitan Theater in Los Angeles. General Motors Co. said Friday, Sept. 3, 2010, Tim Allen will be a spokesman for the brand and will star in a series of TV ads for the 2011 Chevrolet Cruze that begin airing on Tuesday. (AP Photo/Katy Winn, file)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.


China tells state companies to explore Potash bid (Reuters)

Potash Corp mill general superintendent Trevor Berg holds a handful of chicklet potash inside the Cory mine facilities near Saskatoon August 19, 2010. REUTERS/David StobbeReuters - 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 says his economic policies halted 'bleeding' (Reuters)

President Barack Obama (L) delivers remarks on the latest employment statistics released on Friday, alongside Treasury Secretary Tim Geithner in the Rose Garden of the White House, September 3, 2010. REUTERS/Jason ReedReuters - President Barack Obama, previewing a big push on the U.S. economy next week, on Saturday defended policies that he said 'have stopped the bleeding' and put the middle class on the road to recovery.


Japan Noda warns on yen, suggests joint steps difficult (Reuters)
Reuters - Japanese Finance Minister Yoshihiko Noda said on Saturday Tokyo would take decisive steps to stem the yen's rise when needed, while suggesting that coordinated currency market intervention was a difficult option.