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NYSE-Frankfurt stock exchange merger blocked

February 8th, 2012

The parent company of the New York Stock Exchange said Wednesday that it plans to end its proposed merger with the parent of the Frankfurt exchange, after European officials blocked the deal. Read Original Post Here

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Chrysler: From bankruptcy to profit in 2 years

February 8th, 2012

Chrysler Group reported its first annual profit since 2005 Wednesday, capping a comeback a little more than two years after a federal bailout, a bankruptcy filing and a takeover by Italian automaker Fiat. Read Original Post Here

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China manufacturing gives off mixed signals

February 8th, 2012

The Chinese government said Wednesday that manufacturing in the world’s second-largest economy expanded slightly in January, while a report from a leading bank indicated contraction in the sector for the third straight month. Read Original Post Here

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Chrysler: From bankruptcy to profit in 2 years

February 8th, 2012

Chrysler Group reported its first annual profit since 2005 Wednesday, capping a comeback a little more than two years after a federal bailout, a bankruptcy filing and a takeover by Italian automaker Fiat. Read Original Post Here

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Chinese auto parts could spark next trade fight

February 8th, 2012

A coalition of labor and trade activists joined Democratic lawmakers from industrial states Tuesday to push the Obama administration to take action against the growing imports of auto parts from China. Read Original Post Here

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China manufacturing gives off mixed signals

February 8th, 2012

The Chinese government said Wednesday that manufacturing in the world’s second-largest economy expanded slightly in January, while a report from a leading bank indicated contraction in the sector for the third straight month. Read Original Post Here

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Carnival alters forecast after cruise ship tragedy

February 8th, 2012

Carnival Corp. lowered its 2012 forecast on Monday to reflect the fatal accident of a cruise ship off the coast of Italy earlier this month, as well as the rising cost of fuel. (see correction below) Read Original Post Here

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Chinese auto parts could spark next trade fight

February 8th, 2012

A coalition of labor and trade activists joined Democratic lawmakers from industrial states Tuesday to push the Obama administration to take action against the growing imports of auto parts from China. Read Original Post Here

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Exxon reports $9.4 billion profit

February 8th, 2012

Exxon reported a 2% rise in fourth-quarter earnings Tuesday, even as oil and gas production fell. Read Original Post Here

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Carnival alters forecast after cruise ship tragedy

February 8th, 2012

Carnival Corp. lowered its 2012 forecast on Monday to reflect the fatal accident of a cruise ship off the coast of Italy earlier this month, as well as the rising cost of fuel. (see correction below) Read Original Post Here

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