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EBA credibility further undermined ahead of new forecasts

The credibility of the European Banking Authority was undermined by reports from Bloomberg that the regulator is planning to release vastly increased capital requirements for banks.

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Australia cuts interest rates amid global slowdown

The Reserve Bank of Australia has cut interest rates in an effort to encourage growth amid a global slowdown.

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Standard and Poors may downgrade 15 eurozone nations

Kicking the dog while it's down, the rating agency Standard and Poor's has warned embattled eurozone leaders that 15 of the bloc's member nations could face downgrades.

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Japan milk powder maker recalls radioactive formula

Japanese milk powder maker, Meiji, has voluntarily recalled its baby formula after discovering radioactive caesium in the product.

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Disgraced hedge fund manager arrives in prison in US

Fallen hedge fund founder Raj Rajaratnam has been taken into custody by a federal prison in Massachusetts to begin his record jail term for insider trading.

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EU urges US to bolster data protection practices

BRUSSELS -; The EU wants the United States to strengthen data protection practices in order to create a uniform "privacy landscape" on both sides of the Atlantic, a top official said ...

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Labor Department errs in Cargill contract amount

In a recent discrimination suit against Cargill Inc., the U.S. Labor Department incorrectly stated that the agribusiness giant has more than $550 million in federal contracts. The Labor ...

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Toro reports record results

The Toro Co. said Tuesday that it made more money than ever in fiscal year 2011, with sales of its lawn and golf course equipment up 11.5 percent to nearly $1.9 billion. The Bloomington-based ...

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HickoryTech buys Fargo network for $28M

HickoryTech Corp., a Mankato telephone company striving to become regional, expanded its network coverage Tuesday with the $28 million cash acquisition of IdeaOne Telecom Group, a fiber-optic ...

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Microsoft releases Exchange Server 2010 SP2

Microsoft has rolled out the second service pack for Exchange Server 2010, adding new features such as a lightweight Outlook web app and a configuration tool for hybrid on-premise and cloud ...

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Toll Brothers' 4Q profit falls, tops Wall St. view

HORSHAM, Pa. (AP) -- Toll Brothers Inc.'s fiscal fourth-quarter net income slid 70 percent, partly because last year's quarter was helped by a large tax ...

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Listed firms expect 26% rise in earnings in 2nd half of FY 2011+

TOKYO, Aug. 5 (AP) - (Kyodo)-;Listed nonfinancial companies in Japan are expecting a steep rebound in earnings in the second half of fiscal 2011 as supply chains of industrial products will ...

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Coca-Cola Plant Shut Down in India

Chinta Dewi, Coca-Cola Bhagao, Krishi Bachao Sangharsh Samiti +91 94507 79325 (Hindi) Nandlal Master, Lok Samiti +91 94153 00520 (Hindi) Amit Srivastava, India Resource Center +91 98103 46161 ...

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Formal Complaint for FEC Investigation of Wal-Mart's Unlawful Federal...

Formal Complaint for FEC Investigation of Wal-Mart's Unlawful Federal Election Activity WASHINGTON - August 14 - Today American Rights at Work, the AFL-CIO, Change to Win, and ...

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European stock markets eye bumper seasonal rally

onal rally if regional leaders deliver the market an early Christmas present and act decisively to stem the euro zone debt crisis at a summit on Friday. Over the last 40 years, December, on average, ...

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U.S. blue chip stocks advance while techs fall

U.S. stocks were mixed on Tuesday with industrials rising and techs falling.

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Kroger - Analyst Blog

KR ), one of the largest grocery retailers, recently posted better-than-expected third-quarter 2011 results, thereby prompting management to raise its fiscal 2011 earnings guidance. Street ...

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Man Says Lender Destroyed His Marriage

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Microsoft explores connection between spam filtering and HIV

Microsoft Corp. researchers , however, there's a link between the way spammers change their tactics to avoid filters and the constant mutation of the HIV ...

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Jeremy Grantham's 4 tips for investors

GMO , has been bearish far more often than bullish on U.S. equities for almost two decades, so his latest downbeat quarterly letter to investors should come as little surprise. The Boston-based ...

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