Telegraph.co.ukAustralia cuts rate to support economyFinancial TimesBy Neil Hume in Sydney The Reserve Bank of Australia on Tuesday lowered interest rates by the largest amount since the height of the global financial crisis in an effort to support the…
Lafarge, Anglo U.K. Venture Requires Asset Sales, Regulator SaysBloombergAnglo American Plc (AAL) and Lafarge SA (LG)'s proposed $2.9 billion UK venture will need to sell assets as it could harm competition in the market for cement and other constr…
Sydney Morning HeraldTitanic II Planned by Australian BillionaireWall Street JournalBy ROBB M. STEWART MELBOURNE-An Australian billionaire with aspirations to enter federal politics has plans to launch Titanic II, a luxury ship that will be built to th…
MarketWatchU.S.-China talks may yield little major progressMarketWatchBy Chris Oliver, MarketWatch HONG KONG (MarketWatch) — China experts don't expect high-level talks between Washington and Beijing this week to yield major progress on big issue…
AFPAir India's 787 Dreamliner rolls out of Boeing's new US plantEconomic TimesAmid great fanfare, Boeing has rolled out the first 787 Dreamliner aircraft produced at its brand new plant in South Carolina and built for Air India to be delivered …
Al-ArabiyaCrude ends up; weak GDP raises hopes for Fed easingEconomic TimesNEW YORK: US crude futures ended higher on Friday, up for the sixth session in a row, on hopes that weaker-than-expected growth data will spur the US Fed to initiate more moneta…
AFPStay In Stocks Or Sell In May?Forbes“Sell in May and go away” is strategy that some investors and traders are likely contemplating right now. The adage is based on the historically weaker performance of stocks during the May through October time…
The Folly of Corporate Relocation Incentives
Julie Irwin Zimmerman
7:58 AM ET
Christmas came early this year for retail giant Sears, which is weighing offers on whether to move from its suburban-Chicago headquarters. Ohio officials have put together…
As state budgets strain under huge debt loads, they are counting increasingly on “sin taxes”, one of the few reliable sources of revenue in these uncertain economic times. States have profited from the public’s voracious appetite for easy mo…
First time unemployment claims rose by 52,038 to 577,279 in the week ended January 1. The Wall Street captive media is, as usual fudging the…