Worldwide Business News

US should avoid tariffs on China: Caterpillar CEO
ABC News - The head of the heavy machinery maker, speaking at a manufacturing conference near here, said policymakers should consider granting China “market economy” status prior to the current 2016 time frame. However, he said such a move could be contingent

Bruno defends Spitzer’s view that upstate economy is like Appalachia
WSTM - ALBANY, N.Y. Eliot Spitzer’s comment comparing impoverished upstate areas to Appalachia continues to stir controversy at the Capitol. The Democratic attorney general, who’s running for governor, said at a recent campaign stop that the upstate economy

Aerospace helps keep San Antonio economy flying
San Antonio Express News - San Antonio’s rich aviation heritage has spawned a lucrative aerospace industry that continues to pay dividends for the city, according to a study released Tuesday by the Greater San Antonio Chamber of Commerce. The aerospace industry contributed $3

Demand for home loans at lowest level this year
MSNBC - NEW YORK - Consumer demand for home mortgage loan applications fell last week to the lowest level this year despite a marked drop in interest rates, as industry trade group said on Wednesday. The Mortgage Bankers Association said its seasonally

U.S. dollar posts further gains
Ottawa Business Journal - A combination of factors pushed the U.S. dollar higher Wednesday morning. On Tuesday, Bank of Canada Governor David Dodge faced the media to clarify his economic outlook for the nation. “The economy is performing as expected. The Canadian economy is

U.S. Monthly Trade Deficit Zooms 5.29% to New Record
American Economic Alert - The January 2006 trade deficit in goods and services shot past December 2005 s level, reaching a new record of $68.51 billion. The January deficit was 5.29% greater than the December total of $65.07 billion, and 1% higher than the previous monthly

Bill Gates on the Future of Information Democracy
MSNBC - It’s Happening: Smarter software is turning mere data into real knowledge Issues 2006 - It’s hard to say exactly when it happened, but at some point in the last 20 years the word “knowledge” became an adjective. As intellectual property became

Auditor completes 2005 financial report
LimaOhio.com, OH - 6 hours ago Putnam County Auditor Marlene Lahey recently filed Putnam County s annual financial statement with the Auditor of State s office.

Counties seek state financial help
Pioneer Press, MN - 12 hours ago BY FREDERICK MELO. Bracing for deep cuts to social services, county officials are begging the state to shoulder a larger share of

Fewer Americans Are Concerned That Personal and Financial
PR Newswire (press release), NY - 6 hours ago BETHESDA, Md., March 21 /PRNewswire/ — Sixty-eight percent of the public is concerned that their personal and financial information would not be kept private

85.3% People Feel Financial Burden Heavier
CRI, China - 18 hours ago While 78.8% of people in the survey said their income increased compared with a decade ago, 85.3% felt that their financial burden was more than before.

Cervus Financial Group Inc. Announces Eastern Canada Expansion and
CCNMatthews (press release), Canada - 7 hours ago Cervus Financial Group Inc. (”Cervus”), (TSX:CFG), announced today Cervus Financial Group Inc. is a Canadian financial services

ECOVISION: Signs big financial information feed contract with
Kauppalehti (press release), Finland - 11 hours ago PRESS RELEASE 21.3.2006 Ecovision AB Ecovision signs big contract with Handelsbanken regarding financial information feed Ecovision and Handelsbanken have

Dubai Financial Market Creates New Classification
Dubai City Guide, United Arab Emirates - 3 hours ago Dubai Financial Market (DFM) has announced a new classification system for listed securities, whereby they will be divided into More Active and Less

DCI Expert Presented on Multi-Factor Authentication for Financial
Business Wire (press release), CA - 4 hours ago Technical Services, CSO for Hutchinson, Kan.-based DCI, a provider of full-service bank technology and processing solutions to the financial industry for more

South Street Financial Corp. Announces Declaration of Cash
Business Wire (press release), CA - 22 minutes ago ALBEMARLE, NC–(BUSINESS WIRE)–March 21, 2006–South Street Financial Corp., the parent holding company for Home Savings Bank of Albemarle, Inc., SSB

Japan Livedoor’s founder indicted again for alleged financial
Forbes - 8 hours ago filed another indictment against former Livedoor Co president Takafumi Horie and four of his associates for allegedly falsifying financial statements, Jiji

(PRN) - RSA Security Announces Key Findings from Annual Financial
Bolsamania.com, Spain - 1 hour ago [+]. (PRN) - Mellon Financial Enhances Performance and Analytics Offerings by Combining Mellon Analytical Solutions and Eagle Performance Products [+.

Rob Katzen: Financial director, AVI
Moneyweb, South Africa - 18 hours ago We welcome Rob Katzen, financial director at AVI. MONEYWEB: Rob, thank you for talking to us. Rob Katzen is financial director at AVI.

US Stocks Rise, Led by Financial Shares, on Goldman Earnings
Bloomberg - 34 minutes ago March 14 (Bloomberg) — US stocks rose, led by financial shares after Goldman Sachs Group Inc. reported Wall Street’s highest-ever

PetSmart names new financial officer
Phoenix Business Journal, AZ - 23 hours ago Storck replaces Mark Mumford, who is leaving PetSmart to become chief financial officer of Scottsdale-based restaurant chain PF Chang’s China Bistro Inc.

Report: DOJ investigates online music pricing
IT World - The U.S. Department of Justice (DOJ) has opened an investigation into online music pricing by major record labels, the Reuters news agency reported Friday, citing unnamed sources. DOJ investigators are looking at whether the labels may have colluded

Collins & Aikman plant lays off more workers at Roxboro plant
Herald Tribune - ROXBORO, N.C. — At least 65 Collins and Aikman workers have been laid off at the Roxboro plant as the automotive supplier continues cutbacks in response to job cuts in the American automobile industry. A company spokesman says nearly 125 employees

Trooper in murder-suicide had no alcohol or drugs in system
WTNH.com - (West Hartford-AP, Mar. 3, 2006 5:42 AM ) _ West Hartford police say a state trooper involved in a murder-suicide in November had no traces of alcohol or drugs in his body. Police received results this week of a toxicology test that checked Trooper

Stocks to Open Mixed
BusinessWeek - On Thursday, the Dow Jones industrial average fell 28.02 points, or 0.25%, to 11,025.51. The broader Standard & Poor’s 500 index slipped 2.08 points, or 0.16%, to 1,289.16. The tech-heavy Nasdaq composite index edged lower 3.53 points, or 0.15%, to 2

Martinsville to receive call center, 77 new jobs
Roanoke Times - MARTINSVILLE — This time, for a change, outsourcing could benefit working folks in Martinsville and Henry County. Or maybe not. State officials said Thursday that the volume of calls from residents with questions, tips and complaints related to

State agrees to cash settlement with trooper
WTNH.com - (Hartford-AP, Mar. 3, 2006 6:22 AM ) _ A state trooper who had sued his bosses over a free speech issue has reached a cash settlement with the state. The state has agreed to pay $450,000 to Mark Lauretano of Salisbury. The settlement comes after the

Bridgeport council considers public bathroom coat hooks
WTNH.com - (Bridgeport-AP, Mar. 3, 2006 6:24 AM ) _ The Bridgeport City Council is considering a local law to require coat hooks in all public bathrooms. The Council’s Ordinance Committee has endorsed a proposal from City Councilman Keith Rodgerson to require

Psychiatric Group Closing Down
Eyewitness News - HARTFORD — One of the largest mental health groups in Connecticut is expected to stop services today and it affects thousands of psychiatric patients. Many psychiatrists at Central Connecticut Psychiatric Group say they will continue to see their

All Nippon Airways ‘Ba3′ debt rating on review for possible upgrade
Forbes - TOKYO (AFX) - All Nippon Airways Co’s (ANA) ‘Ba3′ senior unsecured debt rating has been placed on review for possible upgrade, Moody’s Investors Service said. The rating action reflects Moody’s view that ANA’s profitability and its financial

Bayer proposes increasing dividend to EUR 0.95
WebWire - Thomas de Win elected Vice Chairman of the Supervisory Board. Leverkusen Bayer AG s Supervisory Board today accepted the proposal of the Board of Management to recommend to the Annual Stockholders Meeting on April 28, 2006, a dividend for