Business News
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02/04/2012 02:58 PM
Eurogroup's Juncker warns of possible Greece default (Reuters)
Reuters - The possibility of a sovereign default by Greece cannot be ruled out, Jean-Claude Juncker, head of the Eurogroup of finance ministers from the single currency zone, said in a German magazine on Saturday.
02/04/2012 12:42 PM
Greece says faces 24-hour deadline to clinch rescue (Reuters)
Reuters - Greece has just one day left to strike a deal with impatient lenders and reluctant political party leaders on a 130 billion rescue plan before the country is pushed towards a chaotic default, its finance minister warned on Saturday.
02/04/2012 04:19 AM
Hungary seeks 15-20 billion euro IMF/EU credit line: official (Reuters)
Reuters - Hungary is seeking an international credit line of 15 to 20 billion ($20 to $26.3 billion) euros, the secretary of state heading the prime minister's office, Mihaly Varga, was quoted on Saturday as saying.
02/04/2012 04:48 AM
Deutsche Boerse board member wants CEO out: paper (Reuters)
Reuters - Deutsche Boerse's (DB1Gn.DE) chief executive Reto Francioni should step down following the collapse of its $7.4 billion plan to merge with NYSE Euronext , a member of the German exchange operator's supervisory board told a newspaper.
02/03/2012 08:10 AM
Central bank liquidity tap to stay open (Reuters)
Reuters - rallies that caught many in the market by surprise - investors will be paying keen attention to the world's central banks in the coming week for signs of continued easy money.
Latest stock market news from Wall Street - CNNMoney.com
02/03/2012 01:30 PM
Dow at 4-year high, Nasdaq hits 11-year high
U.S. stocks rallied Friday, as investors cheered a much stronger-than-expected jobs report.
02/03/2012 09:32 AM
Kiss QE3 hopes goodbye. And good riddance!
The strong January jobs report may finally put a nail in the QE3 coffin.
02/03/2012 10:24 AM
Facebook IPO shrinks private trading market
Facebook has played a big role in the private trading markets that allow eligible investors the chance to snap up shares of hot Internet companies years before they go public.
02/03/2012 09:17 AM
Auto stocks gain on jobs report. GM up 7%
Shares of General Motors and Ford surged on Friday following strong data on the U.S. job market.
02/02/2012 12:52 PM
Facebook's ripple effect: Zynga spikes 17%
Now that Facebook has finally filed for its much anticipated initial public offering, the enthusiasm for other social media investments has spread like wildfire.
02/02/2012 11:41 AM
The risks that killed MF Global
It's been three months since MF Global became the eighth-largest bankruptcy in U.S. history. Did anyone see this coming? Well, a few people had some idea, and a Congressional subcommittee will hear from them on Capitol Hill Thursday.
02/02/2012 12:30 PM
Facebook is great. But $100 billion great?
Facebook is a great company. It proved that in its IPO filing. A billion dollar annual profit and $3.9 billion in cash for something that didn't even exist 10 years ago? That's impressive.
02/02/2012 02:20 PM
Green Mountain Coffee shares surge
Shares of Green Mountain Coffee Roasters surged nearly 25% Thursday after a stellar earnings report. After the closing bell Wednesday, Green Mountain reported $96 million in net income for the quarter ended in December, a 264% increase over the same quarter in the previous year that crushed analyst estimates.
02/01/2012 02:52 PM
Facebook IPO: Morgan Stanley is big winner
If there's a crown jewel in the world of initial public offerings, it's Facebook.
02/01/2012 12:26 PM
Whirlpool surges 17%
Shares of Whirlpool spiked more than 17% Wednesday after the appliance maker issued a strong outlook for 2012, despite a soft fourth quarter.
Business
02/04/2012 05:00 AM
Houseboat Business Floats Back To Business
One employer just starting to come back from the brink is Majestic Yachts Incorporated, a houseboat manufacturer in Kentucky. Guest host David Greene checks back in with the CEO, Jim Hadley. He last spoke to Hadley in February 2009 as part of NPR's First 100 Days Project about the impact of the recession.
02/04/2012 05:00 AM
Komen Races To Restore Planned Parenthood Funds
In an about-face, the Susan G. Komen for the Cure foundation announced Friday that it is not cutting off funding for Planned Parenthood. Komen is one of the nation's most prominent breast cancer groups. They came under intense criticism for their initial decision to cut off some funding for Planned Parenthood. Guest host David Greene talks with NPR's Julie Rovner and Rob Stein, who have been covering the story.
02/04/2012 05:00 AM
China's New Pick-Up Truck Suspiciously Ford Tough
The Chinese automaker JAC unveiled their latest design this week, and it bears a rather notable resemblance to the Ford F-150. Though the engine is much smaller, the JAC 4R3 will go on sale across China and in Africa and Latin America, after its debut at the Beijing motor show in April.
02/04/2012 03:08 AM
'Buffett Rule' Becomes A Bill, And Congress Bickers
President Obama wants Congress to end certain tax breaks for the very wealthy. In response, Senate Democrats introduced legislation that would require those earning $1 million annually to pay no less than 30 percent in taxes. The bill faces Republican opposition, and is likely to be an election year issue.
02/03/2012 12:23 PM
Can Komen Recover From Controversy?
The breast cancer organization has suffered one of the worst public relations disasters in recent memory. Komen relies heavily on positive associations with its cause, but restoring its luster will be quite a task.