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Business News: Most Emailed
Last update: 268 days, 11 hours ago
 
Philippine property firms look closer to home for sales
12 Apr 08, 20:38 ET
Reuters - Merly Paz, a Filipina domestic worker in Hong Kong, has stopped sending money for the construction of her home in southern Iriga City because the peso value of her U.S. dollar-pegged salary has fallen sharply.
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Finance chiefs urge IMF to sharpen crisis radar
12 Apr 08, 15:40 ET
Reuters - Financial leaders on Saturday urged the International Monetary Fund to sharpen its oversight of the global economy, which is burdened by surging food prices and a credit crisis that shows no end in sight.
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Paulson urges diligent IMF forex surveillance
12 Apr 08, 13:00 ET
Reuters - The International Monetary Fund should sharpen its focus on currency exchange rate surveillance, challenges posed by sovereign wealth funds and supporting global financial market stability, Treasury Secretary Henry Paulson said on Saturday.
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Pilots union lashes out at American
12 Apr 08, 10:24 ET
AP - Thousands of people were exasperated and upset by the cancellation of more than 3,000 flights at American Airlines this week, and the loudest complaints came from the airline's own employees.
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China Mobile seeking small stakes in global peers
12 Apr 08, 09:37 ET
Reuters - China Mobile, the world's largest mobile phone operator, said on Saturday that it was seeking small stakes in global telecom firms because controlling stakes had become too expensive.
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Incoming UBS chairman wants 'one bank'
12 Apr 08, 07:05 ET
AP - The incoming chairman of UBS AG, Peter Kurer, said the Swiss bank would stick to its integrated business model, despite massive write-downs caused by the subprime mortgage crisis, according to a newspaper interview published Saturday.
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Airlines face new cash challenge
12 Apr 08, 05:50 ET
AP - Frontier Airlines, the latest airline to file for bankruptcy, was pushed over the brink by a problem that could spread to other carriers: credit card troubles.
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Gas prices set record, oil moves higher
12 Apr 08, 05:47 ET
AP - Gas and diesel pump prices jumped to yet another record Friday, piling on the costs for motorists as well as consumers reliant on trucks, trains and ships that deliver goods to market.
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Market bellwether GE sees profit drop
12 Apr 08, 05:41 ET
AP - HARTFORD, Conn. - General Electric Co. CEO Jeff Immelt was expected to tell the world Friday how the conglomerate's global strategy had paid off and allowed it to ride out the credit crisis.
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Homeowners feel heat in West coal boom
12 Apr 08, 05:02 ET
AP - A hamlet near here of wooded gulches, rocky outcrops and views of the snowy tops of southern Colorado's Sangre de Cristo mountains is the perfect escape for retirees and telecommuters who've settled in.
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Calls against big CEO pay grow louder
12 Apr 08, 04:49 ET
AP - Wall Street's high-rolling CEOs live a lifestyle that would make Hollywood movie stars jealous - penthouse apartments, private jets, and paychecks tipping $60 million a year.
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Lew Uhler, National Tax Limitation Committee, Debunks the Myth of Paper Bags vs. Plastic Bags
12 Apr 08, 03:01 ET
PRWeb - Lew Uhler, President of the National Tax Limitation Committee, applauds the actions of young people in celebrating the myth of Global Warming and environmental doomsday, which underlies the battle over paper bags verses plastic bags. Young people have the greatest stake in our planet and a free society.
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Austin-Based Violinist Omar Lopez to Open for Rock Icon Pat Benatar in San Antonio
12 Apr 08, 03:01 ET
PRWeb - Omar Lopez, the "guy with the red violin", will open for Pat Benatar at San Antonio's Municipal Auditorium May 18th.
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