Here are the prices of some key commodities traded in New York on Monday: Crude oil prices rose less than $1 to close at $93.26 a barrel. Coffee futures fell 6 cents to finish at $2.44 per pound. Copper prices lost 3 cents to end at $4.08 a pound. Cocoa futures gained $50 to $2,967 […]
US Stocks Rise
U.S. stock market indexes rose in Monday’s trading. The Dow Jones Industrial Average gained six-tenths of one percent to close at 12,080. The S&P 500 rose half a percent to finish at 1,278 and the NASDAQ gained half a percent to end at 2,630. European stock markets were lower at the close of trading. London’s […]
US Stocks Rise
U.S. stock market indexes rose in Monday’s midday trading. The Dow Jones Industrial Average and the NASDAQ gained six-tenths of a percent while the S&P 500 rose a half-percent. European stock markets were lower at the close of trading. London’s Financial Times 100 index lost four-tenths of a percent to end at 5,693. The CAC […]
Eurozone Ministers to Greece: No Bailout Payment Without Spending Cuts
( Title: GREECE ECONOMY 2nd UPD HEAD: Eurozone Ministers to Greece: No Bailout Payment Without Spending Cuts DATE: 06/20/11 NUMBER: 1054029 TYPE: CN )) Eurozone finance ministers say Greece must pass strong austerity measures before it receives the next $17 billion emergency loan payment from the European Union and the IMF to help stabilize its […]
Wal-Mart Wins Huge Discrimination Lawsuit
The U.S. Supreme Court has ruled against a huge group of women suing Wal-Mart for alleged gender discrimination. Under U.S. law, if an issue involves large numbers of people with very similar claims, the litigation can be combined into what is called a “class-action” lawsuit. This lawsuit potentially involved as many as 1.6 million women, […]
Eurozone Ministers to Greece: No Bailout Payment Without Spending Cuts
( Title: GREECE ECONOMY 1ST UPD HEAD: Eurozone Ministers to Greece: No Bailout Payment Without Spending Cuts DATE: 06/20/11 NUMBER: 1053482 TYPE: CN )) Eurozone finance ministers say Greece must pass strong austerity measures before it receives the next $17 billion emergency loan payment from the European Union and the IMF to help stabilize its […]
Japan Exports Fall, Government Forecasts Economic Gains
Japan’s government has lifted its assessment of the country’s economy for the first time since a devastating earthquake and tsunami struck in March, saying the economy is moving upward. However, the Cabinet Office’s assessment Monday made clear that deep economic scars remain from the disaster, which left more than 23,000 people dead or missing, and […]
Eurozone Ministers to Greece: No Bailout Payment Without Spending Cuts
Eurozone finance ministers say Greece must pass severe economic reforms before it receives the next $17 billion loan payment from the European Union and the IMF. The finance ministers failed to sign off on the next installment of the $160 billion bailout package after hours of talks ended early Monday in Luxembourg. However, the ministers […]
Taiwan Telecom Firm Allows Falungong TV to Use Satellite
Taiwan’s Chunghwa Telecom Company said Monday it will let a television station run by China’s outlawed Falungong movement use its new satellite, reversing an earlier decision to end their contract. The company said last month that there would not be enough bandwidth on the new ST-2 satellite for the Falungong station, triggering anger from the […]
Study: US Charitable Giving Rebounded in 2010
Charitable giving in the United States is recovering from a recession-induced decline, rising by nearly four percent in 2010. A study by the Giving USA Foundation being released Monday shows that charitable contributions increased by $10 billion last year. While individual gifts rose only slightly at 2.7 percent, corporate donations soared by 10 percent. Charitable […]