Wednesday, 8 February 2012

Yahoo! News: Business News
Business News
  1. Stock futures signal higher Wall Street open (Reuters)

    Traders work on the floor of the New York Stock Exchange, February 6, 2012. REUTERS/Brendan McDermidReuters - Stock index futures pointed to a slightly higher open for equities on Wall Street on Wednesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 rising 0.2 to 0.3 percent.


  2. Greeks seek elusive bailout deal, EU tempers fray (Reuters)
    Reuters - Greek parties will try again on Wednesday to agree a reform deal in return for a new international rescue to avoid a chaotic default, after delays prompted some EU leaders to warn that the euro zone can live without Athens.
  3. Yahoo chairman exits, review drags on (Reuters)

    In this image released by Yahoo!, documentary filmmaker Morgan Spurlock is shown in 'The Failure Club,' a series about people trying to do the things they've always feared, for Yahoo! After years of drips and drabs of experimentation, the top video destinations on the Web are flush with original projects and teaming with a new wave of niche-oriented content creators. (AP Photo/Yahoo!)Reuters - Yahoo Inc Chairman Roy Bostock and three other directors will step down as the struggling company ploughs ahead with an internal overhaul, including discussions on dealing with its stakes in China's Alibaba Group and Yahoo Japan.


  4. Nissan sees annual profits beating Toyota, Honda (Reuters)
    Reuters - Nissan Motor Co (7201.T) is on track to be the most profitable of Japan's three big automakers this year, after record car sales last year and improved market share in every major region pushed up quarterly operating profit.
  5. Europe to extend Airbus A380 checks: sources (Reuters)
    Reuters - European air safety officials are preparing to extend checks for Airbus A380 wing cracks to the entire superjumbo fleet, sources close to the matter told Reuters on Wednesday.
  6. Bangladeshi Investors Badly Hit by the Stock-Market Crash (Time.com)
    Time.com - The dramatic rise and swift fall of Bangladesh's stock market is a cautionary tale for emerging-market investors oblivious to the perils of hasty deregulation and rapid capital inflows
  7. Job openings rise to 3.4 million in December (Reuters)
    Reuters - The number of jobs waiting to be filled rose in December as employers tried to ramp up hiring in factories, retail and business services, the government said on Tuesday.
  8. Spanish writedown costs Scandinavia's SAS dear (AP)
    AP - The Scandinavian airline group SAS recorded a loss of 1.7 billion kronor ($250 million) in 2011 after taking a big writedown following the bankruptcy of Spanish budget carrier Spanair.
  9. Monti says reforms to shield Italy from Greek risk: TV (Reuters)
    Reuters - Italian Prime Minister Mario Monti is confident reforms undertaken by his country over the last few months will help soften any blow from an unruly default by euro zone partner Greece.
  10. Eyes on dissident states as mortgage deal nears (Reuters)
    Reuters - A broad settlement with major banks over mortgage servicing abuses that would bring relief to distressed U.S. homeowners could be announced as early Thursday, two people familiar with the matter said.
  11. Greek party leaders prepare for crucial debt talks (AP)

    Riot Police push back protestors, one waving the Greek flag, who try to enter at the Parliament building at Athens' main Syntagma square, during a 24-hour strike on Tuesday, Feb. 7, 2012. A general strike against the impending cutbacks stopped train and ferry services nationwide, while many schools and banks were closed and state hospitals worked on skeleton staff. (AP Photo/Petros Giannakouris)AP - Greek coalition leaders are studying a draft deal on further austerity measures demanded to secure a new bailout that will determine whether the country avoids a looming bankruptcy next month.


  12. Walmart names ex-Woolworths veteran as new China CEO (Reuters)
    Reuters - Wal-Mart Stores Inc has named an industry veteran, but a relative newcomer to China, to run what is a strategically crucial business for the world's biggest retailer as it faces tougher competition in the fastest growing major economy.
  13. AP Enterprise: Brown bank regulator an insider (AP)

    In this photo taken Monday Jan. 9, 2012, Jan Owen, Gov. Jerry Brown's appointee to head the Department of Corporations, testifies before the Assembly Banking Committee in Sacramento, Calif. Consumer groups say Owen's background working for companies that were at the heart of the mortgage meltdown raises questions about her approach at the department that oversees California banking, financial and consumer regulations. (AP Photo/Rich Pedroncelli)AP - Gov. Jerry Brown's appointee to head the department that oversees banking, financial and consumer regulations in California led a trade association that fought against tighter lending restrictions before the subprime mortgage crisis exploded and was an executive with Washington Mutual when the now-failed bank was among the most aggressive marketers of loans to high-risk borrowers.


  14. Statoil earnings surge on higher oil, gas prices (AP)
    AP - Norwegian oil company Statoil ASA on Wednesday said its profits soared in the fourth quarter on higher oil and gas prices and a one-time gain from the sale of a stake in a gas transportation company.
  15. Defense relentless in questioning ex-Stanford exec (AP)
    AP - Liar. Hypocrite. Adulterer. Fraudster. Coward.