Business News - UPI.com

Grain futures mixed Friday

Fri, 20 Nov 2009 16:39:35 -0500

CHICAGO, Nov. 20 (UPI) -- Grain futures closed mixed on the Chicago Board of Trade Friday as Wall Street equities spent the entire day in negative territory.

Crude oil prices slide Friday

Fri, 20 Nov 2009 15:58:45 -0500

NEW YORK, Nov. 20 (UPI) -- Crude oil prices dipped below $77 per barrel on the New York Mercantile Exchange as declines in equity markets hinted at slow demand.

Gorilla Inc. safety harnesses recalled

Fri, 20 Nov 2009 15:35:08 -0500

WASHINGTON, Nov. 20 (UPI) -- The U.S. Consumer Product Safety Commission announced a voluntary recall of Gorilla Inc. EXO-Tech safety harnesses due to a fall hazard.

Salomon USA ski bindings recalled

Fri, 20 Nov 2009 15:22:57 -0500

WASHINGTON, Nov. 20 (UPI) -- The U.S. Consumer Product Safety Commission announced a voluntary recall of Salomon USA ski bindings due to a fall hazard.

Roubini paints grim picture on jobs

Fri, 20 Nov 2009 15:05:21 -0500

WASHINGTON, Nov. 20 (UPI) -- Former Clinton administration economist Nouriel Roubini warned U.S. job losses could be expected to continue well past the end of the recession.

Cost Plus cookware recalled

Fri, 20 Nov 2009 14:49:16 -0500

WASHINGTON, Nov. 20 (UPI) -- The U.S. Consumer Product Safety Commission announced a voluntary recall of Cost Plus World Market stainless steel cookware due to a burn hazard.

Employees head for door during downturn

Fri, 20 Nov 2009 14:35:54 -0500

PHILADELPHIA, Nov. 20 (UPI) -- A majority of U.S. workers in a national survey indicated they would leave their jobs within a year, a sign of unhappy workers, an employment expert said.

Study: Michigan turnaround in late 2011

Fri, 20 Nov 2009 14:32:02 -0500

LANSING, Mich., Nov. 20 (UPI) -- University of Michigan economists said Michigan, with the highest unemployment rate in the nation, should see a slight resurgence in late 2011.

U.S. markets lower Friday

Fri, 20 Nov 2009 13:33:13 -0500

NEW YORK, Nov. 20 (UPI) -- U.S. markets pulled back from early losses, but remained in negative territory Friday after a week of shaky economic data.

First out of economic trouble: Norway

Fri, 20 Nov 2009 12:23:39 -0500

PARIS, Nov. 20 (UPI) -- The Organization for Economic Cooperation and Development in Paris said this week Norway would be the first European state to return to economic health.

UPI NewsTrack Business

Fri, 20 Nov 2009 11:44:32 -0500

U.S. markets head lower Friday ... House panel approves Fed audits ... Delinquencies top second quarter record ... Number of millionaires grows in China ... News from United Press International.

Number of millionaires grows in China

Fri, 20 Nov 2009 11:17:01 -0500

BEIJING, Nov. 20 (UPI) -- The number of millionaires in China continued to rise while many world economies struggled against a deep recession, a private research group said.

House panel approves Fed audits

Fri, 20 Nov 2009 09:53:58 -0500

WASHINGTON, Nov. 20 (UPI) -- A congressional panel approved a bill that would put the traditionally independent U.S. Federal Reserve under closer scrutiny of politicians.

Delinquencies top second quarter record

Fri, 20 Nov 2009 09:35:53 -0500

WASHINGTON, Nov. 20 (UPI) -- The Mortgage Bankers Association said nearly 10 percent of U.S. homeowners were one payment or more behind on their mortgage payments.

Economic Outlook: Frustrations build

Fri, 20 Nov 2009 09:12:21 -0500

By ANTHONY HALL
United Press International
Battles over regulatory change in Washington heated up Thursday, as a House panel approved audits of the U.S. Federal Reserve.

Govt. says Japan in deflation

Fri, 20 Nov 2009 07:32:30 -0500

TOKYO, Nov. 20 (UPI) -- Japan, hit by falling prices, is faced with a deflationary situation despite recent signs of recovery, the government said Friday.

S. Korea says no to FTA renegotiation

Thu, 19 Nov 2009 22:39:26 -0500

SEOUL, Nov. 19 (UPI) -- The June 2007 South Korea-U.S. free trade agreement cannot be renegotiated, a South Korean presidential official said Friday.

Google shows off Chrome

Thu, 19 Nov 2009 19:40:29 -0500

MENLO PARK, Calif., Nov. 19 (UPI) -- U.S. Internet behemoth Google Thursday showed off for the first time the Chrome operating system it intends to debut in late 2010.

Extending unpopular TARP considered

Thu, 19 Nov 2009 18:38:58 -0500

WASHINGTON, Nov. 19 (UPI) -- Sources close to the government said the Obama administration is leaning toward an extension of the $700 billion bailout fund, in part to pay down U.S. debt.

UPI NewsTrack Business

Thu, 19 Nov 2009 18:38:23 -0500

U.S. markets slide Thursday ... Report: Corporate crime up in Canada ... Lending up nominally in Britain ... Mid-Atlantic manufacturing up slightly ... News from United Press International.

Crude oil prices drop on demand concerns

Thu, 19 Nov 2009 18:26:17 -0500

NEW YORK, Nov. 19 (UPI) -- Crude oil prices dropped to under $78 per barrel in part because the weather has been nice, industry analysts said.

Grain futures close mixed

Thu, 19 Nov 2009 18:18:27 -0500

CHICAGO, Nov. 19 (UPI) -- Grain futures closed mixed on the Chicago Board of Trade Thursday as equities dropped and oil prices fell due to concerns of slow demand.

U.S. markets slide Thursday

Thu, 19 Nov 2009 16:30:50 -0500

NEW YORK, Nov. 19 (UPI) -- U.S. markets were down Thursday, despite leading indicators rising slightly in October.

A Democrat calls for Geithner to go

Thu, 19 Nov 2009 16:18:20 -0500

WASHINGTON, Nov. 19 (UPI) -- Rep. Peter DeFazio, D-Ore., said Thursday top members of President Obama's economic team were focused on Wall Street, not Main Street.

Geithner presses committee for reforms

Thu, 19 Nov 2009 15:56:35 -0500

WASHINGTON, Nov. 19 (UPI) -- U.S. Treasury Secretary Timothy Geithner pressed lawmakers in Washington Thursday to stay the course on regulatory reform for the financial system.