World News Center
Asian shares slip as rising yen hits Nikkei (Reuters)
September 8, 2010
Reuters - Asian stocks fell on Wednesday, with Japan's big exporters among the heaviest losers as a rise in the yen to a new 15-year high threatens to erode their overseas earnings.
Obama pitches spending and tax incentives in Ohio (Reuters)
September 8, 2010
Reuters - President Barack Obama will push billions of dollars in new business tax incentives and spending on big construction projects on Wednesday, as he tries to convince a balky Congress to pass measures intended to spur the economy and create jobs.
HP sues to stop ex-CEO Hurd joining Oracle (Reuters)
September 8, 2010
Reuters - Hewlett-Packard Co sued former Chief Executive Mark Hurd and asked a court to block him from joining Oracle Corp, saying his hiring by the rival technology firm puts HP's trade secrets "in peril."
Japan's intervention hints fail to stop yen rally (Reuters)
September 8, 2010Reuters - Japan's government sharpened its rhetoric on foreign exchange intervention on Wednesday as a rise in the yen to a 15-year high underlined concerns that the currency's strength could threaten the economic recovery.
Sinochem approaches Temasek on Potash bid (Reuters)
September 8, 2010Reuters - China's state-owned Sinochem Corp has invited Temasek, the Singapore sovereign wealth fund, to join a consortium that may bid for Canada's Potash Corp , the world's largest fertilizer supplier, sources with knowledge of the matter said on Tuesday.
SEC's Schapiro: "Flash crash" report expected by month end (Reuters)
September 8, 2010Reuters - The top U.S. securities regulator said on Tuesday that the follow-up report on what might have caused the May "flash crash" is expected by the end of September.
Ex-budget chief differs with Obama on U.S. tax cuts (Reuters)
September 8, 2010Reuters - Tax cuts should be extended for all Americans to help spur the economy, but even the middle-class cuts should end in two years, former U.S. budget director Peter Orszag said on Tuesday.
Flow International posts small 1Q loss (AP)
September 8, 2010AP - Flow International Corp., a maker of industrial waterjet machines for cutting and cleaning, nearly washed away a first-quarter loss.
Financial Sheriffs to Monitor Banks, Markets in European Union (Time.com)
September 8, 2010Time.com - A trio of financial sheriffs will oversee finance in the entire European market
Bullish or Bearish? The World's Greatest Investors Debate. (The Motley Fool)
September 8, 2010The Motley Fool - The bears and bulls were battling as ferociously as ever over the past month. Let's dive right into the debate, through the words of some of the world's greatest investors.
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