Financial news on August 1st, 2009
Business and Financial news
As stock markets improve, investment bankers seek out foreign and domestic capital. Read more..
What happens behind the scenes to automobiles traded in the cash-for-clunkers program. Read more..
Europe’s antitrust commissioner, Neelie Kroes, said she would approve Lufthansa’s bid for Austrian Airlines with conditions. Read more..
The Federal Communications Commission is examining a recent decision by Apple to reject a program that Google had developed for the iPhone. Read more..
As the recession drags on, luxury retailers’ secret sales, once kept for the stores’ best customers, have spread. Read more..
The banks’ obligation to the taxpayers who saved them is to stay in business. If the people want more, the government has to demand it. Read more..
European unemployment rose less than economists had forecast in June as the jobless rate in Spain increased less than previously estimated. Read more..
The economy shrank at a slower-than-expected annual rate of 1 percent from April through June. Read more..
The world’s largest retailer asked a court in Quebec to stop a union Web site from using the company’s name. Read more..