Business and Finance News
 Fund-poor schools close in Missouri
Fort Worth News.Net
In the US, the school board in Kansas City has decided to close 26 of the city's 59 public schools to keep the district afloat financially. Forbes says Gates no longer the world's richest
Fort Worth News.Net
Mexican tycoon Carlos Slim is the world's richest person, knocking Microsoft founder Bill Gates into second spot, as the wealth of the world's billionaires grew by 50 per cent over the last year. Gates Regrets Northrop Withdrawal From Tanker Bid
Seattle Post-Intelligencer
In this photo released by the Saudi Press Agency, Saudi Crown Prince Sultan bin Abdul Aziz, left, greets U.S. Defense Secretary Robert Gates, right, before their talks in Riyadh, Saudi Arabia, Wednesd... Asian Stocks Post Tepid Gains; Europe Lower
Miami Herald
BANGKOK -- Asian stock markets posted tepid gains Thursday as China's burst of inflation tempered confidence in the regional economic rebound. European shares opened lower.Most Asian benchmarks fluct... Wetherspoons To Open At 7am
Guardian
JD Wetherspoon pub from next month after the chain today announced plans to extend its morning opening hours.Wetherspoons, which said it is now the country's second or third biggest coffee chain, is p... Greece Hit By New General Strike Over Austerity Plan
Guardian
protest against spending cuts imposed to alleviate the country's debt crisis.The action once again disrupted public transport and closed public buildings, including hospitals.Journalists, teachers, st... Connaught Climbs On 3i Takeover Talk
Guardian
, the support services group, the latest name in the frame.Traders heard suggestions that private equity group 3i might be looking to raise €350m in the bond market to buy the company. Earlier this ... Asian Stocks Post Tepid Gains; Europe Lower
Examiner
Asian stock markets posted tepid gains Thursday as China's burst of inflation tempered confidence in the regional economic rebound. European shares opened lower.Most Asian benchmarks fluctuated throug... Brown Tries To Turn Double-dip U.k. Threat To Benefit
Business Week
Brown is seeking a fourth term for Labour as Britain struggles to recover from its worst slump in six decades. While jobless claims are at the highest since the party came to power in 1997, opinion po... Oaktree Set To Take Over Almatis In Debt-equity Swap
Business Week
March 11 (Bloomberg) -- Oaktree Capital Management LLC, the investment fund with about $73 billion under management, is set to take control of Almatis from Dubai International Capital LLC under the te... Doubts Over 2012 Olympics Legacy
BBC
A Welsh MP has echoed the concerns of a former UK Sports minister casting doubt on the long term benefit of the London Olympics to the rest of the country.Labour MP for Vauxhall Kate Hoey told the Lon... Profits At John Lewis Rise 9.7%
BBC
Department store group John Lewis has reported annual pre-tax profits of £306.6m, a rise of 9.7%.The owner of the Waitrose supermarket chain is also paying workers a bonus equal to 15% of their ... Asia Markets Pare Gains After China Economic Data
Market Watch
HONG KONG (MarketWatch) -- Asian markets ended mixed on Thursday, with several markets paring gains as resource stocks fell after Chinese economic data sparked fresh worries of further tightening meas... Volkswagen Ag's Net Profit Down 80% In 2009
Fox Business
FRANKFURT -- Volkswagen AG , Europe's biggest car maker, said Thursday its 2009 net profit declined 80% to 960 million euros ($1.3 billion) from 4.75 billion euros in 2008. Revenue dropped 8% to 105.... Hannover Re Details Chile Hit As Profit Jumps
Fox Business
LONDON -- Hannover Re said its annual profit jumped to 295.5 million euros from 78.3 million euros as the reinsurer said the Chile earthquake and the Xynthia winter storm won't hit its 2010 target of... Iata Halves Its 2010 Loss Forecast For Airlines
Fox Business
IATA ) on Thursday halved its loss forecast for the global airlines industry in 2010 to $2.8 billion, from a December prediction of $5.6 billion, citing a much stronger-than-expected recovery in dem... Premier Oil Makes Discovery In North Sea
Fox Business
LONDON -(Dow Jones)- Oil and gas explorer Premier Oil PLC (PMO.LN) said Thursday that it has discovered oil in the Norwegian North Sea. The U.K.-based company said that oil was encountered in the Bla... Japan's Azearth To List On Jasdaq Apr 16
Fox Business
TOKYO -(Dow Jones)- Japan's Azearth Corp. (3161.JA), which sells protective clothing and fabrics, has received approval to list on the Jasdaq Securities Exchange on April 16, the JSE said Thursday. T... Futures Point To Weak Wall St; Devon Energy Seen Up
Reuters
(Reuters) - Stock index futures fell on Thursday, pointing to a weaker start for Wall Street. By 0859 GMT (3:59 a.m. ET), futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq s... Airlines Recovering Strongly, Still In Red: Iata
Reuters
GENEVA (Reuters) - Airlines are recovering strongly from the crisis, as passengers, freight and pricing power return, the airline industry association IATA said on Thursday, halving its forecast for a... U.s. Warns Eu Of Rift Over Fund Regulation: Report
Reuters
(Reuters) - U.S. Treasury Secretary Tim Geithner has written to the European Commission warning that plans to regulate hedge funds and private equity firms could cause tensions with Washington, the Fi... Foreclosures Still Increasing, But Slower
CBS News
Citi Offers "Foreclosure Alternatives" (AP) The foreclosure crisis isn't over, but the pace of growth may finally be slowing down. RealtyTrac Inc. said Thursday that the number of U.S. households f... Mexico's Carlos Slim World's Richest Man
CBS News
Mexican Mogul Slim Invests In NY Times (CBS/AP) The son of an immigrant shopkeeper has become the first person from a developing nation, and the first from Latin America, to be named the world's riche... Lawyers Seek Secrecy For Some Papers In Simon Case
ABCNews
Attorneys in the dispute over the estate of billionaire shopping mall magnate Melvin Simon have asked a judge to set strict limits on who can see certain documents that are presented as evidence. J... Volkswagen Confirms 2009 Net Income Fell 80 Pct
ABCNews
Picture taken Wednesday March 10, 2010 shows a VW Golf of German carmaker Volkswagen lifted in a storage and loading tower in the so called "Autostadt" in Wolfsburg, Germany. German car maker Volkswag... World Airlines See Blue Skies Ahead
ABCNews
(AP) Global airlines are undergoing a surprisingly strong recovery with Asian and Latin American carriers leading the way, the leading industry group said Thursday as it halved its loss forecast for ... Hsbc: Data On 15,000 Swiss Account Holders Stolen
ABCNews
British bank HSBC says information on 15,000 customers with accounts in Switzerland has been stolen. HSBC says a former employee stole the information in late 2006 and early 2007. The accounts were...
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