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Monday, February 08, 2010

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  • Ford earns $2.7 billion in 2009 (AP)

     

    FILE - In this Jan. 26, 2010 file photo, Ford Motor Co. President and Chief Executive Officer Alan Mulally talks about Ford's progress in the economic recession, during a news conference at the Washington Auto Show in Washington. Ford Motor Co. said Thursday, Jan. 28, made $2.7 billion in 2009, its first annual profit in four years.(AP Photo/J. Scott Applewhite, file)

    AP - Ford Motor Co. made $2.7 billion in 2009, its first annual profit in four years.


  • Toyota extends recall to Europe amid US problems (AP)

     

    Employee Raul Quecada places a 'No Sale' sign on a used Toyota vehicle at a Toyota dealership Wednesday, Jan. 27, 2010 in Alhambra, Calif. Toyota Motor Corp. announced late Tuesday it would halt sales of some of its top-selling models to fix gas pedals that could stick and cause unintended acceleration. (AP Photo/Nick Ut)

    AP - Toyota's massive recalls over problem gas pedals in the U.S. are being extended to Europe, the latest blow to the world's top automaker as it struggles to salvage its safety reputation.


  • AstraZeneca reports strong rise in earnings (AP)

     AP - Pharmaceutical company AstraZeneca PLC said Thursday it plans to ax 8,000 more jobs to cut costs as it reported a 26 percent jump in fourth quarter net profit to $1.56 billion.

  • World stock markets gain after Obama address (AP)

     

    People look at the electronic stock board of a securities firm in Tokyo, Japan, showing Japan's benchmark Nikkei 225 stock average gains 133.91 to 10,385.99 point Thursday, Jan. 28, 2010, shortly after U.S. President Barack Obama's State of the Union address. (AP Photo/Koji Sasahara)

    AP - World stock markets recovered their poise Thursday after the U.S. Federal Reserve indicated that interest rates would not rise soon — even though the first cracks appeared on the central bank's rate-setting committee.


  • Obama Pushes $10,000 College Tax Credit and Student Debt Relief (Bloomberg)

     Bloomberg - Jan. 28 (Bloomberg) -- President Barack Obama touted education among his top priorities in his first State of the Union address, proposing a $10,000 higher-education tax credit for families and debt forgiveness for people who have been repaying their college loans for at least 20 years.

  • Drugmaker Eli Lilly reports 4Q profit, sales jump (AP)

     AP - Pharmaceutical company Eli Lilly and Co. said Thursday it turned a fourth-quarter profit after recording a loss in 2008 following the buyout of cancer drug maker ImClone Systems Inc.

  • European stocks drop on economic growth concerns (AFP)

     

    Brokers on ICAP's dealing floor in London. Europe's main stock markets slid on concerns over economic recovery that also pushed Asian shares deeper into the red(AFP/File/Leon Neal)

    AFP - Europe's main stock markets slid Wednesday on concerns over economic recovery that also pushed Asian shares deeper into the red, dealers said.


  • Obama, Biden to direct $8 bln into high-speed rail (AFP)

     

    Florida Governor Charlie Crist attends a bill signing ceremony for the passenger rail bill in Fort Lauderdale, Florida. The bill helps the state's chances at winning federal stimulus money to build a high-speed rail line by 2014. President Barack Obama and Vice President Joe Biden are to direct $8 billion in economic stimulus funding toward a long-awaited high-speed rail system.(AFP/Getty Images/File/Joe Raedle)

    AFP - President Barack Obama and Vice President Joe Biden will on Thursday direct $8 billion in economic stimulus funding toward a long-awaited US high-speed rail system.


  • Estee Lauder 2Q up on Asia results, cost cuts (AP)

     AP - Growth in Asia and a cost-cutting program helped Estee Lauder's second-quarter profit rise 62 percent.
Yahoo! News: Business News Thu, 28 Jan 2010 12:38:05 GMT

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