Provides the latest RSS feeds for Breaking Business News. For more headlines on Breaking, National, Business, Finance, Sports and World News, visit our home page Phoenix Herald.com http://www.phoenixherald.com/index.php/ct/10/id/3a8a80d6f705f8cc/ en-us Fri, 30 Jul 2010 23:00:59 -0400 Fri, 30 Jul 2010 23:00:59 -0400 30 The more than 25-year old bank was shut on Friday as the FDIC took over as receiver. http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/666470/cs/1/ Fri, 30 Jul 2010 22:26:41 -0400 Phoenix Herald.com http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/666470/cs/1/ The major indices finished flat Friday despite a weaker than expected GDP figure for the June quarter. http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/666452/cs/1/ Fri, 30 Jul 2010 17:05:32 -0400 Phoenix Herald.com http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/666452/cs/1/ The banks origins date back to 1897 when Apalachicola State Bank was founded. http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/666455/cs/1/ Fri, 30 Jul 2010 20:30:34 -0400 Phoenix Herald.com http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/666455/cs/1/ First quarter growth was revised upwards to an annualised 3.7% growth rate. http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/666330/cs/1/ Fri, 30 Jul 2010 09:09:14 -0400 Phoenix Herald.com http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/666330/cs/1/ Bank branches across Washington and Oregon were closed on Friday as the Cowlitz Bank group collapsed. http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/666468/cs/1/ Fri, 30 Jul 2010 21:43:36 -0400 Phoenix Herald.com http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/666468/cs/1/ The NorthWest Bank and Trust, of Acworth, Georgia is no more. http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/666453/cs/1/ Fri, 30 Jul 2010 19:27:21 -0400 Phoenix Herald.com http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/666453/cs/1/ Google's search engine has once again started working in China, where users had been temporarily blocked from accessing the site. http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/666034/cs/1/ Fri, 30 Jul 2010 01:54:36 -0400 Phoenix Herald.com http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/666034/cs/1/ The first flights have been arriving this week at India's newest and largest air terminal. http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/666349/cs/1/ Fri, 30 Jul 2010 09:51:25 -0400 Phoenix Herald.com http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/666349/cs/1/ The Italian parliament has approved its austerity package by a vote 321 to 270 votes. http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/666032/cs/1/ Fri, 30 Jul 2010 01:45:47 -0400 Phoenix Herald.com http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/666032/cs/1/ The French energy infrastructure firm Alstom has signed a memorandum of understanding with the Iraqi government. http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/666029/cs/1/ Fri, 30 Jul 2010 01:30:17 -0400 Phoenix Herald.com http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/666029/cs/1/ The Italian energy group, ENI, has agreed to aid in the production and transport of oil and gas supplies in Egypt. http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/666028/cs/1/ Fri, 30 Jul 2010 01:21:39 -0400 Phoenix Herald.com http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/666028/cs/1/ Toyota Motors has told US owners of their high-priced passenger cars and SUVs that they could be in for a recall. http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/666001/cs/1/ Thu, 29 Jul 2010 21:29:28 -0400 Phoenix Herald.com http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/666001/cs/1/ The giant Anglo-Australian miner, Rio Tinto, has agreed to a joint venture with Chinese firm, Chinalco. http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/665999/cs/1/ Thu, 29 Jul 2010 21:15:00 -0400 Phoenix Herald.com http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/665999/cs/1/ Bangladesh has told its garment workers they can have another $20 per month in a minimum wage case. http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/665997/cs/1/ Thu, 29 Jul 2010 20:58:08 -0400 Phoenix Herald.com http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/665997/cs/1/ The private details of 100 million Facebook users have been published online. http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/666000/cs/1/ Thu, 29 Jul 2010 21:21:31 -0400 Phoenix Herald.com http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/666000/cs/1/ NEW YORK - Stocks had a fitting end to a choppy July as prices seesawed their way to a narrowly mixed finish. The market still had its best month in a year. Investors had an ambivalent response Frida... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378824/ Fri, 30 Jul 2010 21:18:00 -0400 Star Tribune http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378824/ BATTLE CREEK, Mich. - Michigan Gov. Jennifer Granholm says there has been "significant progress" in cleaning up an oil spill in the Kalamazoo River. Granholm says that a Friday helicopter ... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378825/ Fri, 30 Jul 2010 21:17:59 -0400 Star Tribune http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378825/ SAN FRANCISCO (MarketWatch) -- Among the companies whose shares are expected to see active trading in Monday's session are Humana Inc., NRG Energy Inc. and VeriSign Inc. Humana Inc. http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378812/ Fri, 30 Jul 2010 21:07:53 -0400 MarketWatch http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378812/ mortgages feeling very smug.And it's not too late to join their ranks. There are some great tracker home loan deals on offer, particularly if you are looking to remortgage and have built up a reasonab... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378818/ Fri, 30 Jul 2010 20:58:23 -0400 Guardian http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378818/ has come under pressure ahead of next week's results and imminent news from a US study into treatments for attention-deficit hyperactivity disorder (ADHD).The study, commissioned by the US Food and Dr... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378819/ Fri, 30 Jul 2010 20:58:20 -0400 Guardian http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378819/ (AP) - Among the earnings stories for Friday, July 30, from AP Financial News: NEW YORK (AP) — Shares of Genworth Financial Inc. plunged a day after the insurer and financial services company&#... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378830/ Fri, 30 Jul 2010 20:50:54 -0400 Canadian Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378830/ Dow Jones Industrials High: 10,507.19 Low: 10,347.50 Close: 10,465.94 Change: —1.22 Other Indexes Standard&Poors 500 Index: 1101.60 +0.07 NYSE Index: 6998.99 +4.42 Nasdaq Composite ... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378831/ Fri, 30 Jul 2010 20:50:46 -0400 Canadian Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378831/ July 31 (Bloomberg) -- Asian currencies strengthened this week, led by the Philippine peso and Indonesia’s rupiah, as the fastest economic growth in the world and relatively high interest rates ... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378817/ Fri, 30 Jul 2010 20:50:35 -0400 Business Week http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378817/ GDP report for the second quarter has prompted much concern about the tepid 2.4 percent growth rate, but there are three other aspects of the report worth noting. First, the bifurcated economy live... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378827/ Fri, 30 Jul 2010 20:40:53 -0400 MSNBC http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378827/ Tony Hayward, who is stepping down as chief executive of BP in the wake of the Gulf oil spill, has said that he was turned into "a villain for doing the right thing." In his first interview since d... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378828/ Fri, 30 Jul 2010 20:40:52 -0400 MSNBC http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378828/ July 31 (Bloomberg) -- European stocks declined this week as slower-than-forecast U.S. economic growth overshadowed a rally in banks after European Union stress tests eased concern that lenders may ne... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378816/ Fri, 30 Jul 2010 20:28:14 -0400 Business Week http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378816/ (Credit: Microsoft) Microsoft plans to release a patch on Monday for a flaw involving how Windows handles shortcut files, after seeing the hole being used to spread a particularly nasty and fast-s... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378813/ Fri, 30 Jul 2010 20:20:57 -0400 CNet http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378813/ INTC ) is in talks with Infineon Technologies AG to acquire the company’s wireless chip division, according to reports. According to people familiar with the situation, Intel is looking to buy the ... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378835/ Fri, 30 Jul 2010 20:10:43 -0400 Fox Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378835/ SAN FRANCISCO -- The Federal Deposit Insurance Corp. said Friday it sold securities backed by $471.3 million of performing single-family mortgages originated by 16 failed banks. The FDIC pilot program... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378836/ Fri, 30 Jul 2010 20:10:40 -0400 Fox Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378836/ SEATTLE -- Two bank closures in Florida on Friday brought the total number U.S. failures for the year to 106. The Federal Deposit Insurance Corp. said in a statement that Port Saint Joe, Fla.-based Ba... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378837/ Fri, 30 Jul 2010 20:10:36 -0400 Fox Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378837/ NOK ) is in talks with several private equity firms about the sale of a minority stake in the company in order to raising $1 billion in cash, according to reports. According to people familiar with t... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378838/ Fri, 30 Jul 2010 20:10:34 -0400 Fox Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378838/ WASHINGTON -- Companies that drill for oil in U.S. waters would be required to pay 100% of spill-related damages under a bill approved Friday in the House of Representatives. Written in response to th... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378839/ Fri, 30 Jul 2010 20:10:30 -0400 Fox Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378839/ July 30, 2010 LONDON, July 30 (Reuters) - Bob Dudley, BP Plc's newly appointed chief executive, will fly to Moscow next week to meet shareholders in its Russian joint venture TNK-BP, a source clos... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378840/ Fri, 30 Jul 2010 20:10:25 -0400 Fox Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378840/ FCVA ) said Friday that its second-quarter loss widened, compared to a year ago, as the company added $6.3 million to its loan loss reserves, nearly doubling them to 2.78% of total loans. "The Compan... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378842/ Fri, 30 Jul 2010 20:10:17 -0400 Fox Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378842/ July 30, 2010 WASHINGTON (Reuters) - The U.S. House of Representatives Friday voted to end the federal moratorium on deepwater drilling for oil companies that meet new federal safety requirements... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378844/ Fri, 30 Jul 2010 20:10:11 -0400 Fox Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378844/ July 30, 2010 * Plans to invest are at an early stage - sources * Nokia Siemens Networks recently bought Motorola unit (Adds background, Bain Capital) By Megan Davies NEW YORK (Reuters) - B... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378847/ Fri, 30 Jul 2010 20:10:07 -0400 Fox Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378847/ July 30, 2010 By Caroline Valetkevitch 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 ... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378846/ Fri, 30 Jul 2010 20:10:03 -0400 Fox Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378846/ July 30, 2010 * Brazil outperforms on local earnings * Slowing U.S. second quarter growth hits Mexico * Bovespa gains 0.84 pct, Mexico's IPC down 0.48 pct (Updates to close) SAO PAULO/MEXICO ... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378845/ Fri, 30 Jul 2010 20:09:59 -0400 Fox Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378845/ July 30, 2010 * Imperial, Exxon to have 25 pct stakes, BP 50 pct * Talks began in 2009 to team up on Beaufort acreage * No work planned until NEB offshore review (Adds details, background) ... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378848/ Fri, 30 Jul 2010 20:09:55 -0400 Fox Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378848/ July 30, 2010 * COMEX copper sets highest close since April 30 * Aluminium hits 11-week high on consumer buying * Strong US Midwest business gauge spurs month-end buying * Coming Up: On Monday... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378849/ Fri, 30 Jul 2010 20:09:52 -0400 Fox Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378849/ 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. http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378815/ Fri, 30 Jul 2010 20:07:44 -0400 Reuters http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378815/ TORONTO -- Canadian life insurers have “concerns” about the impact on capital levels of new global accounting standards released in draft form yesterday that appear to disrupt the matching on thei... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378823/ Fri, 30 Jul 2010 20:06:42 -0400 Financial Post http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378823/ It's official; the Guiness World Records has declared the "haute dog" at New York's legendary Serendipity 3 as the most expensive hot dog in the world, at $69 a serving. CBSNews.com's Karina Mitchell ... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378798/ Fri, 30 Jul 2010 20:04:17 -0400 CBS News http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378798/ (AP) General Motors said Friday that it is boosting production capacity for its new Chevrolet Volt due to strong public interest in the electric car that goes on sale this year. GM will now have a ... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378797/ Fri, 30 Jul 2010 20:04:15 -0400 CBS News http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378797/ (AP) BP gas station owners across the country are divided over whether the oil giant stained by its handling of the Gulf spill should rebrand U.S. outlets as Amoco or another name as part of its effor... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378799/ Fri, 30 Jul 2010 20:04:11 -0400 CBS News http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378799/ (CBS/AP) Updated at 6:33 p.m. ET U.S. gross domestic product increased at an annual rate of 2.4 percent in the second quarter of this year. That lackluster performance was less than the 2.5 percent http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378800/ Fri, 30 Jul 2010 20:04:06 -0400 CBS News http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378800/ (CBS/AP) The president wants you to know Detroit's Big Three are in the black again. President Barack Obama is going to the heart of the U.S. auto industry to push an important election-year claim: h... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378801/ Fri, 30 Jul 2010 20:04:02 -0400 CBS News http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378801/ (AP) The Walt Disney Co. said Friday that it agreed to sell its Miramax Films to an investor group for about $660 million, ending a 17-year association with the studio and a six-month bidding process.... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378802/ Fri, 30 Jul 2010 20:03:59 -0400 CBS News http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378802/ James Lee Witt, right, listens to incoming BP CEO Bob Dudley as he announces Witt's hiring as a spill cleanup consultant in Biloxi, Miss., July 30, 2010. Witt was the head of FEMA under President Bill... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378805/ Fri, 30 Jul 2010 20:03:56 -0400 CBS News http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378805/ Katie Couric exposes the "dirty little secret" of life insurance providers Prudential and MetLife who profited from the death benefits of fallen soldiers. http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378803/ Fri, 30 Jul 2010 20:03:47 -0400 CBS News http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378803/ (AP) Mortgage rates are the most affordable in decades for those who can qualify for a loan. For many, the opportunity to buy a home or refinance at this time is lost because of the tough economy a... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378806/ Fri, 30 Jul 2010 20:03:44 -0400 CBS News http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378806/ Gulf Visibly Cleaner, Oil Rare On day 100 of the devastating oil spill, Mark Strassmann reports from Gulfport, Miss. that with the well capped and the spill breaking up it's tough to find any oil on t... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378807/ Fri, 30 Jul 2010 20:03:40 -0400 CBS News http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378807/ Online Gambling's Illegality Online poker is thriving but illegal in the U.S., but the ban is almost impossible to enforce, since the sites and computers that randomly deal cards and keep track of the... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378808/ Fri, 30 Jul 2010 20:03:34 -0400 CBS News http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378808/ (AP) Updated at 4:41 p.m. ET Toyota is recalling nearly half a million cars, most of them large sedans sold in the U.S., for problems that can cause the steering wheel to lock up. It's the latest i... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378809/ Fri, 30 Jul 2010 20:03:30 -0400 CBS News http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378809/ (CBS) Have you ever checked the license of the person styling your hair? Maybe it's time you started. On Thursday, "Early Show" Consumer Correspondent Susan Koeppen shared her startling investigati... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378810/ Fri, 30 Jul 2010 20:03:26 -0400 CBS News http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378810/ Northwest Pipe Co. on Friday said it will restate previously issued financial statements because of a "material error" in its accounting practice that caused it to overstate earnings by as m... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378814/ Fri, 30 Jul 2010 19:59:24 -0400 The Business Journal http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378814/ Massachusetts House and Senate leaders Friday agreed on a bill to legalize casino gambling in the state — drawing immediate criticism from Gov. Deval Patrick who threatened to veto the measure. T... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378794/ Fri, 30 Jul 2010 19:59:02 -0400 ABCNews http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378794/ Talk about a paperwork nightmare: Tucked into the massive new health care law is a demand that nearly 40 million U.S. businesses file tax forms for every vendor that sells them more than $600 in goods... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378795/ Fri, 30 Jul 2010 19:58:58 -0400 ABCNews http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378795/ Regulators on Friday shut two banks in Florida and one in Georgia, lifting to 106 the number of U.S. banks to fail this year as the industry has struggled to cope with mounting loan defaults and reces... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378796/ Fri, 30 Jul 2010 19:58:55 -0400 ABCNews http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378796/ NEW YORK: US 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 ... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378826/ Fri, 30 Jul 2010 19:58:44 -0400 Times of India http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378826/ report cited "two people familiar with the company's plans" to build an iPad-like touchscreen device and release it this fall. Dubbed the "Blackpad," the device will ostensibly run the as-yet-unreleas... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378832/ Fri, 30 Jul 2010 19:54:14 -0400 Ars Technica http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378832/ TOKYO —  Microsoft Corp. is planning to present the Japan Fair Trade Commission with evidence to prove that the planned tie-up between Yahoo Japan Corp. and Google Inc. will impair fair compet... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378820/ Fri, 30 Jul 2010 19:44:30 -0400 Japan Today http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37378820/ Attorneys for Tom Petters on Friday appealed the December conviction of the former Wayzata businessman, asserting that he was denied the ability to detail the deep criminal past of one of his then bus... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375582/ Fri, 30 Jul 2010 19:00:27 -0400 Star Tribune http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375582/ WASHINGTON - Talk about a paperwork nightmare: Tucked into the massive new health care law is a demand that nearly 40 million U.S. businesses file tax forms for every vendor that sells them more than... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375583/ Fri, 30 Jul 2010 19:00:24 -0400 Star Tribune http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375583/ WASHINGTON - Mexico's aviation safety rating was downgraded Friday due to concerns about the country's safety oversight, the Federal Aviation Administration said. The action won't stop flights betwe... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375584/ Fri, 30 Jul 2010 19:00:18 -0400 Star Tribune http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375584/ FILE ** In this file photo of Sept. 2, 2008 Sam Wyly poses at his Explore book store in Aspen, Colo. Famed Dallas billionaire investors Sam and Charles Wyly made $550 million in undisclosed profits th... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375593/ Fri, 30 Jul 2010 18:58:05 -0400 Seattle Post-Intelligencer http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375593/ SAN FRANCISCO (MarketWatch) - Shares of TeleNav Inc. lost more than a third of their value Friday after the mobile-navigation-services company said it was in negotiations with its largest customer, wh... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375556/ Fri, 30 Jul 2010 18:48:58 -0400 MarketWatch http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375556/ SAN FRANCISCO (MarketWatch) -- The search for successors to Berkshire Hathaway Chairman and Chief Executive Warren Buffett took a big leap forward Friday after The Wall Street Journal reported that Ch... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375557/ Fri, 30 Jul 2010 18:48:55 -0400 MarketWatch http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375557/ Dow Jones Industrials High: 10,507.19 Low: 10,347.50 Close: 10,465.94 Change: —1.22 Other Indexes Standard&Poors 500 Index: 1101.60 +0.07 NYSE Index: 6998.99 +4.42 Nasdaq Composite ... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375595/ Fri, 30 Jul 2010 18:31:28 -0400 Canadian Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375595/ FILE - In this file photograph taken July 25, 2007, a Chevron gas station service sign is displayed in Menlo Park, Calif. Chevron Corp. said Friday, July 30, 2010, its second-quarter earnings tripled ... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375596/ Fri, 30 Jul 2010 18:31:19 -0400 Canadian Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375596/ Heavy-equipment manufacturer Caterpillar Inc. said Friday it will build a parts plant for large mining machines and it expects to employ about 510 full-time and contract workers in five years. http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375564/ Fri, 30 Jul 2010 18:31:18 -0400 The Seattle Times http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375564/ TORONTO - Canadian earnings declared Friday as of 5 p.m. ET: Angiotech Pharmaceuticals Inc. (TSX:ANP): Three months ended June 30, 2010, net loss $14,074,000, net loss $0.17 a share; 2009, net loss $... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375597/ Fri, 30 Jul 2010 18:31:12 -0400 Canadian Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375597/ TORONTO - The Toronto stock market fought a losing battle to emerge from the red on Friday as investors weighed underwhelming readings for both Canadian and U.S. economies. The S&P/TSX composite ... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375598/ Fri, 30 Jul 2010 18:31:09 -0400 Canadian Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375598/ July 30 (Bloomberg) -- The U.S. House adopted an amendment to legislation overhauling offshore drilling rules that would set aside the Obama administration moratorium on deep-water exploration as rigs... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375571/ Fri, 30 Jul 2010 18:31:07 -0400 Business Week http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375571/ July 30 (Bloomberg) -- Piers Morgan, the “America’s Got Talent” judge, has been given approval by NBC to hold negotiations with Time Warner Inc.’s CNN to replace talk-show host... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375572/ Fri, 30 Jul 2010 18:31:06 -0400 Business Week http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375572/ July 30 (Bloomberg) -- Crude oil increased, capping its biggest monthly gain since March, as rallies in commodities led by wheat and aluminum took the S&P GSCI Commodity Index to a 12- week high. http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375573/ Fri, 30 Jul 2010 18:31:04 -0400 Business Week http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375573/ There's very little that's official about Captain G R Gopinath, the former chairman of the erstwhile Air Deccan and also the pioneer of low-cost airline business in India. We hesitated to spell out... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375565/ Fri, 30 Jul 2010 18:24:25 -0400 Times Of India http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375565/ TOKYO: Daiichi Sankyo's first-quarter recurring profit jumped nearly tenfold and kept its annual outlook, boosted by its Indian arm Ranbaxy. Daiichi posted an April-June recurring profit of 70.1 bi... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375566/ Fri, 30 Jul 2010 18:24:22 -0400 Times Of India http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375566/ Research In Motion, maker of the BlackBerry smartphone, plans to introduce a tablet computer in November to compete with Apple Inc's iPad, according to two people familiar with the company's plans.... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375567/ Fri, 30 Jul 2010 18:24:19 -0400 Times Of India http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375567/ NEW YORK — The Material Girl is launching a new clothing line for juniors that will hit stores in the U.S. next week, just in time for back-to-school shopping. Madonna teamed up with her 13-y... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375589/ Fri, 30 Jul 2010 18:20:14 -0400 MSNBC http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375589/ Yahoo Japan's decision to swap it out for Google as main search partner? Yeah, not too happy about it. And it's going to do all that it can to thwart the deal. "We plan to present evidence to the Japa... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375558/ Fri, 30 Jul 2010 18:02:29 -0400 CNet http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375558/ IMO ) formed a joint venture to explore for oil and gas in Canada's Beaufort Sea, an Imperial Oil spokesman said Friday. BP, Exxon, and Imperial Oil--Exxon's separately traded Canadian subsidiary--hav... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375602/ Fri, 30 Jul 2010 17:51:59 -0400 Fox Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375602/ July 30, 2010 (Recasts first paragraph, adds details, quotes throughout) LOS ANGELES (Reuters) - The ABC television network Friday named company veteran Paul Lee as president of its entertainmen... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375601/ Fri, 30 Jul 2010 17:51:58 -0400 Fox Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375601/ By Jonathan Stempel NEW YORK (Reuters) - New York Mets principal owner Fred Wilpon was sued on Friday over alleged losses suffered by retirement plan participants at his firm Sterling Equities. ... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375603/ Fri, 30 Jul 2010 17:51:56 -0400 Fox Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375603/ By Eileen O'Grady HOUSTON, (Reuters) - Two companies leading the U.S. nuclear power revival may curb spending on the next generation of reactors due to delays in federal loan support, officials s... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375605/ Fri, 30 Jul 2010 17:51:55 -0400 Fox Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375605/ DIS ) announced Friday a replacement to take the reigns from Steven McPherson as president of the ABC Entertainment Group. Paul Lee, former head of ABC Family, will take the reigns from McPherson, wh... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375604/ Fri, 30 Jul 2010 17:51:53 -0400 Fox Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375604/ July 30, 2010 * Maverick fund not probed by SEC after co-founder charged * Wyly no longer involved with fund but still an investor * Maverick manages $11.4 billion in assets (Adds legal exper... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375606/ Fri, 30 Jul 2010 17:51:52 -0400 Fox Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375606/ July 30, 2010 WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke's personal finances recovered in 2009, disclosure forms released by the central bank Friday showed. Bernanke listed ass... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375607/ Fri, 30 Jul 2010 17:51:49 -0400 Fox Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375607/ July 30, 2010 * Tutor/Colony team to buy Miramax * Agreement caps months of stop-and-go talks * Focus on library; no current production plans - source (Adds Barrack investment, closing share ... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375608/ Fri, 30 Jul 2010 17:51:44 -0400 Fox Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375608/ SAL ), a Connecticut-chartered commercial bank, landed up more than 3% Friday after it reported earlier in the day a stronger-than-expected second-quarter profit. The company posted a net income of $... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375611/ Fri, 30 Jul 2010 17:51:38 -0400 Fox Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375611/ ITT ) second-quarter net profit rose 13% from a year earlier, but weakness in the company's defense business triggered a sell-off of ITT shares Friday. ITT closed down 5.6%, or $2.80, at $47.12 as inv... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375616/ Fri, 30 Jul 2010 17:51:35 -0400 Fox Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375616/ July 30, 2010 * Mexicana in talks with creditors * Continues operating normally (adds company comments, background) MEXICO CITY (Reuters) - Mexicana de Aviacion, one of Mexico's two biggest ... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375615/ Fri, 30 Jul 2010 17:51:32 -0400 Fox Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375615/ July 30, 2010 * US files first labor case against a free-trade partner * Calls on Guatemala to improve labor law enforcement * Case comes as Colombia trade deal faces opposition (Adds AFL-CIO c... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375614/ Fri, 30 Jul 2010 17:51:29 -0400 Fox Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375614/ July 30, 2010 * C$ rises to 97.25 U.S. cents * Bond prices firm across curve * Canadian financial markets closed on Monday (Updates to close) By Ka Yan Ng OTTAWA (Reuters) - The Canadian ... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375613/ Fri, 30 Jul 2010 17:51:26 -0400 Fox Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375613/ MS ) shares to get its ownership below 10% of the investment bank, Wall Street should expect CIC to sell millions more shares between now and the middle of August. As reported, CIC has been selling Mo... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375618/ Fri, 30 Jul 2010 17:51:12 -0400 Fox Business http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375618/ Banking groups Mitsubishi UFJ Financial Group Inc. and Mizuho Financial Group Inc. on Friday reported sharp improvements in earnings in the April-June period amid Japan's economic recovery that has re... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375577/ Fri, 30 Jul 2010 17:49:27 -0400 Japan Times http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375577/ WIND Mobile has taken its share of lumps. The carrier launched cellphone services in December immediately following a rare decision from the federal cabinet to allow the firm to operate. WIND has bee... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375581/ Fri, 30 Jul 2010 17:47:51 -0400 Financial Post http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375581/ MONTREAL — Xstrata PLC, one of the world’s top mining groups, plans to take full ownership of Noranda Income Fund’s zinc plant and refinery at Valleyfield, near Montreal.Canadian subsidiary Xstr... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375578/ Fri, 30 Jul 2010 17:47:44 -0400 Financial Post http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375578/ , as a member of the board of directors. Matthews, a Houston attorney, spent his entire career at Exxon and its successor Exxon Mobil. He first joined the company’s legal department in 1971 and... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375563/ Fri, 30 Jul 2010 17:39:07 -0400 San Antonio Business Journal http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375563/ received a follow-up contract worth $90 million for the guidance system for the Atlas V rocket. Honeywell (NYSE:HON) will build the fault-tolerant inertial navigation unit and the redundant rate gyro... http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375561/ Fri, 30 Jul 2010 17:39:01 -0400 The Business Journal http://story.phoenixherald.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/37375561/