Viacom video lawsuit vs. Google revived
05.04.2012 16:09 3219521 views 0 comments
(Reuters) - A federal appeals court has revived Viacom Inc's lawsuit accusing Google Inc of allowing copyrighted videos on its YouTube service without permission. The 2nd U.S. Circuit Court of Appeals said a reasonable jury could have found that YouTube knew of specific infringing activity on its website. As a result, it said a lower court made a mistake in dismissing Viacom's $1 billion lawsuit. (Reporting By Jonathan Stempel in New York; Editing by Gerald E. McCormick) Read more »
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Retailers report positive March sales
05.04.2012 16:09 2992933 views 0 comments
Retailers from discounter Target to department-store chain Macy's reported better-than-expected sales in March in the latest sign that Americans are feeling better about the economy.
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Treasurys rise as fear of European debt returns
05.04.2012 16:09 2412791 views 0 comments
Treasury prices are rising as fear about Europe's shaky financial situation returns to the market. Read more »
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US unemployment claims hit 4-year low of 357K
05.04.2012 16:08 2300741 views 0 comments
The number of people seeking U.S. unemployment benefits fell to a four-year low last week, suggesting employers kept hiring in March at a healthy pace.
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US rate on 30-year mortgage falls to 3.98 percent
05.04.2012 16:06 1842130 views 0 comments
The average U.S. rate on the 30-year fixed mortgage was mostly unchanged this week, as the cost of home-buying and refinancing stayed near record lows. Read more »
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Gary Sinise cancels appearances after car accident
05.04.2012 16:02 2940108 views 0 comments
Gary Sinise is canceling appearances with his Lt. Dan Band after suffering injuries in a car accident.
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Morgan Stanley CEO Gorman paid $13 million in 2011
05.04.2012 15:55 3195281 views 0 comments
An Associated Press analysis shows Morgan Stanley CEO James Gorman was paid compensation worth $13 million in 2011, a 15 percent drop from the previous year. Read more »
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Natural gas dips after US supplies grow
05.04.2012 15:54 2863397 views 0 comments
The price of natural gas is falling after the government reported a surprisingly large increase in supply. Read more »
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UK's Sky News: We hacked in the public interest
05.04.2012 15:53 2797045 views 0 comments
Rupert Murdoch's Sky News channel twice authorized its reporters to hack into computers, a potentially embarrassing revelation that could further dent the media tycoon's hope of acquiring full control over satellite broadcaster BSkyB.
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US unemployment claims hit 4-year low of 357K
05.04.2012 15:52 3093317 views 0 comments
The number of people seeking U.S. unemployment benefits fell to a four-year low last week, suggesting employers kept hiring in March at a healthy pace.
Read more »
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Retailers report positive March sales
05.04.2012 15:39 3639976 views 0 comments
Retailers from discounter Target to department-store chain Macy's reported better-than-expected sales in March in the latest sign that Americans are feeling better about the economy.
Read more »
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Retailers report positive March sales
05.04.2012 15:39 3203225 views 0 comments
Retailers from discounter Target to department-store chain Macy's reported better-than-expected sales in March in the latest sign that Americans are feeling better about the economy.
Read more »
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Jobless claims fall to lowest since 2008
05.04.2012 15:35 3548197 views 0 comments
WASHINGTON (Reuters) - The number of Americans lining up for new jobless benefits dropped to the lowest level in nearly four years last week, according to a government report that showed ongoing healing in the labor market. Initial claims for state unemployment benefits fell 6,000 to a seasonally adjusted 357,000, the lowest level since April 2008, the Labor Department said on Thursday. New claims have fallen sharply in recent months, boosting expectations the end of a long cycle of heavy layoffs will lead to more hiring. ...
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Analysis: Too slowly, euro zone laggards start to shape up
05.04.2012 15:32 3256520 views 0 comments
LONDON (Reuters) - It may be cold comfort for countries on the euro zone's southern periphery mired in recession, but they are making clear strides by some measures towards putting their economies on a sounder long-term footing. After years of excessive debt-fuelled consumption at home, Spain and Portugal are seeing a big increase in exports, while Italy's budget deficit is now comfortably below Europe's mandated ceiling of 3 percent of national output. ... Read more »
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US mortgage rates for past 52 weeks at a glance
05.04.2012 15:28 3343792 views 0 comments
The average rate on the U.S. 30-year fixed mortgage was mostly unchanged this week near record lows. Historically low rates are making home-buying and refinancing more affordable. Read more »
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Greece extends bond swap deadline again for holdouts
05.04.2012 15:26 3122473 views 0 comments
ATHENS (Reuters) - Greece extended a deadline for a second time on Thursday for remaining bondholders to accept a debt swap, giving Athens a little more breathing space to formulate a response to investors who have refused to sign up for the landmark deal. Athens must in any case make a decision soon, in coordination with its EU and IMF backers, because a 450 million euro bond expires on May 15, finance ministry and banking officials said. ...
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US stocks drift lower on European debt worries
05.04.2012 15:26 3160324 views 0 comments
Stocks slipped early Thursday on renewed fears over the European debt crisis.
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Wall Street flat as euro-zone concerns weigh
05.04.2012 15:18 2916063 views 0 comments
NEW YORK (Reuters) - Stocks were little changed on Thursday despite data showing ongoing improvement in the labor market, as a rise in Spanish bond yields renewed concerns about the euro zone's financial health. The number of Americans submitting claims for new jobless benefits fell to the lowest in nearly four years last week, according to government data, as a separate report showed the number of planned layoffs at U.S. firms fell to its lowest level in 10 months. ...
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US rate on 30-year mortgage falls to 3.98 percent
05.04.2012 15:15 2933228 views 0 comments
The average U.S. rate on the 30-year fixed mortgage was mostly unchanged this week, as the cost of home-buying and refinancing stayed near record lows. Read more »
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AC casino profits fall 7.4 percent in 2011
05.04.2012 15:07 3133322 views 0 comments
Atlantic City's casinos saw their gross operating profits decline by 7.4 percent last year, to just under $495 million. Read more »
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