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Reuters: Business News
Reuters: Business News
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Reuters News
  • Wall Street marks best month in a year in July
    NEW YORK (Reuters) - U.S. stocks closed little changed on Friday, but Wall Street wrapped up its best month in a year after the earnings season rounded the final turn with a group of strong results that offset the impact of poor economic data.




  • Jobs data, earnings latest test for stocks
    NEW YORK (Reuters) - U.S. stocks are unlikely to break above a key technical level next week unless monthly jobs data and consumer company results paint a more promising picture of the recovery.




  • Bernanke recouped personal losses in 2009
    WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke's personal finances recovered in 2009, disclosure forms released by the central bank on Friday showed.




  • Disney to sell Miramax for more than $660 million
    LOS ANGELES/NEW YORK (Reuters) - Walt Disney Co has struck a deal to sell Miramax, the studio behind such films as "Trainspotting" and "No Country for Old Men," for more than $660 million to a group that includes construction magnate Ron Tutor and investment firm Colony Capital LLC.




  • Imports slow Q2 growth as business spending surges
    WASHINGTON (Reuters) - U.S. economic growth slowed in the second quarter as companies invested heavily in equipment from abroad and the pace of consumer spending eased, raising concerns about the recovery in the rest of 2010.




  • Delta's Northwest pleading guilty to price fixing
    WASHINGTON (Reuters) - Northwest Airlines, now a part of Delta Air Lines, has agreed to plead guilty to conspiring to fix the prices of air cargo, the U.S. Justice Department said on Friday.




Hamas vows revenge after Israeli strikes on Gaza (AFP)

A man carries a wounded young child into a hospital following Israeli air strikes on Gaza City on July 30, 2010. Israeli warplanes attacked the territory, killing one person and wounding eight, the army and medics said on Saturday, a day after a rocket fired from the strip hit a southern Israeli city.(AFP)AFP - Hamas vowed revenge on Saturday after Israeli airstrikes on the Gaza Strip killed a senior militant and wounded eight other people.



Gore will not be charged over masseuse allegations (AP)

FILE - In this Friday, July 16, 2010 file photo, former Vice President Al Gore introduces Vice President Joe Biden at the annual Tennessee Democratic Party Jackson Day in Nashville, Tenn. Former Vice President Al Gore was cleared Friday, July 30, 2010 of allegations he groped and assaulted a masseuse in a luxury Portland hotel room in 2006, closing a case that could have tarnished the Nobel prize winner's reputation. (AP Photo/Mark Humphrey, File)AP - The case of the Nobel Peace Prize winner and the massage therapist has been closed.



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