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U.S. judge favors Grupo Mexico bid for Asarco

November 17, 2009

A federal judge has issued a ruling supporting a nearly $2.5 billion bid by Grupo Mexico, the country’s largest mining company, for Asarco LLC, […]

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House votes to speed up credit card reform

November 6, 2009

The House passed a bill Wednesday to move up the effective date for credit card reforms to Dec. 1, from February and August 2010.
In […]

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Google back on growth track, eyes deals

October 16, 2009

Google Inc’s growth machine is back in gear.
The world’s No. 1 search engine not only posted higher-than-expected third-quarter profits and revenues, but also said […]

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High water marks still haunt hedge funds

October 14, 2009

Hedge funds have rallied from last year’s stunning losses, yet hundreds of managers remain deep in the hole and face some tough decisions in […]

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Strong retail sales raise holiday hopes

October 9, 2009

U.S. retailers gave investors an early Christmas present, posting their first monthly sales increase in more than a year and suggesting that wounded consumers […]

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St. Thomas jobs could be saved, CAW suggests

September 27, 2009

The Canadian Auto Workers union says it might not oppose the closing of a southwestern Ontario auto plant if Ford will commit to creating jobs […]

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U.S. mortgage delinquencies set record

September 22, 2009

High U.S. unemployment keeps pushing up the rate of mortgage delinquencies, which could in turn drive personal bankruptcies and home foreclosures, monthly data from […]

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Peabody Energy opens Singapore office

September 17, 2009

Peabody Energy Corp. opened an office in Singapore that will serve as the hub for coal trading and brokerage activities in southeast Asia.
[…]

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Analysts see nascent recovery for U.S. airlines

September 11, 2009

U.S. airlines are coming back into favor with analysts amid more competitive pricing and evidence the global economy is on a recovery path.
“We have […]

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Home loan demand at 3-month high, millions more foreclosures

September 10, 2009

The lowest mortgage rates in 3 months had U.S. consumers clamoring for home loans last week even as the government said on Wednesday it […]

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