San Jose Sun
SanJoseSun.com Wednesday 10th March 2010 Volume 1004/2010
bullet
Front Page Breaking Business News
corner
BA strike to go ahead after talks failureBA strike to go ahead after talks failure
There has been no agreement reached between British Airways and the Unite...


Add to My Yahoo!
Defects unable to stop Toyota sales in USDefects unable to stop Toyota sales in US
The US sales of Toyota vehicles declined nearly 9 percent in...
Chrysler takes Volkswagen exec to run FiatChrysler takes Volkswagen exec to run Fiat
The Chrysler Group in the US has named a new executive to head the reintroduction of the Fiat brand to the local...
Wall Street listless after wholesale inventories diveWall Street listless after wholesale inventories dive
U.S. stocks inched up Wednesday after an unexpected fall in wholesale...
Carlos Slim becomes the new Bill GatesCarlos Slim becomes the new Bill Gates
Mexican telecom giant Carlos Slim has topped Forbes magazine's billionaire's...
UK bank has better time in 2009UK bank has better time in 2009
The Northern Rock bank in the UK has announced good progress throughout 2009 as it prepares to be...
Orange County residents can now go direct to the islandsOrange County residents can now go direct to the islands
The John Wayne Airport in Orange County, California has been given permission to once again run flights to and from the Hawaiian...
Russia goes to Argentina for caviar fixRussia goes to Argentina for caviar fix
A Russian company has gone to Argentina to increase its supply of...
Emaar Properties to go ahead with Lombok proposalEmaar Properties to go ahead with Lombok proposal
Gulf company, Emaar Properties, has announced it will restart discussions with the Indonesian government on a project that was postponed during the economic...
Asia free-trade agreements attract AmericansAsia free-trade agreements attract Americans
The United States, in an effort to improve its influence in the Asia-Pacific region, has arranged talks to discuss a proposed Trans-Pacific partnership...
Another Toyota runs away from driverAnother Toyota runs away from driver
A reported runaway Toyota Prius in California has had US safety investigators involved in determining the cause of a terrifying...
Nasdaq crash was ten years ago Nasdaq crash was ten years ago
It is ten years since the dotcom bubble...
Los Angeles County mooted for new Chinese carsLos Angeles County mooted for new Chinese cars
The Los Angeles Business Journal has reported that Chinese car maker BYD may build an assembly plant in Los Angeles...
Irish airline millions of euros downIrish airline millions of euros down
Irish airline, Aer Lingus, has reported a loss for...
Eurotunnel makes profit even with poor economy
Eurotunnel has announced a profit of 1.4 million euros for last year, despite the weather, a fire in the tunnel and poor economic...
Referendum to pay Britain and Holland will not go aheadReferendum to pay Britain and Holland will not go ahead
Icelanders have voted overwhelmingly against a referendum to allow taxpayers money to be used to repay international...
Greek austerity plans given Clinton approvalGreek austerity plans given Clinton approval
US Secretary of State, Hillary Clinton, has met Greek Prime Minister George Papandreou in...
Brazilian sardine industry under protectionBrazilian sardine industry under protection
The Brazilian government has ordered the implementation of a sardine conservation awareness...
February sales up in Chinese passenger carsFebruary sales up in Chinese passenger cars
Chinese passenger car sales have climbed 55 percent from February 2009, with strong demand for smaller cars and four wheel drive...
Twin Cities Home Prices Are Up Again
an average of the price of homes sold this month versus a year ago in the same month. If people buy slightly more expensive homes than they did a year ago (larger, more bedrooms, etc) you report that...
Another Quiet Day On Wall Street: Dow Industrials Creep Up 2 Points
NEW YORK - U.S. stocks rose for a second day Wednesday as a drop in wholesale inventories and improvement in corporate bond markets added to signs the economy is strengthening, overshadowing concern...
Inventories Stayed Lean In January, Down 0.2%
Inventories stayed lean in January, down 0.2% Businesses trimmed inventories at the wholesale level again in January even though sales rose for a 10th consecutive month. The dip in inventories...
Senators Proposing A Shield For Certain Lenders
WASHINGTON - Payday lenders, pawnbrokers, car dealers and other companies that make loans but do not hold bank charters would be shielded from the scrutiny of a proposed federal consumer protection...
Motorola Announces Alliance With Microsoft For Search And Maps Services; Launching On New Smart Phones In China
Motorola , Inc. (NYSE: MOT) today announced a global alliance with Microsoft Corp. (NYSE: MSFT) to deploy Bing services on Motorola devices powered by Android. This new offering, launching in China...
Us Stocks Gain On Financial Firms
New York, March 11: Major stock indices closed higher Wednesday amid gathering optimism about the US economy, with shares of financial firms leading the stock...
Japanese Stocks Rise On Weaker Yen, Wall Street Gains
Tokyo - Stocks in Tokyo climbed in Thursday morning trading following modest gains on Wall Street as Japan's export-oriented issues were bolstered by a weaker yen. The benchmark Nikkei 225 Stock...
Nomura Taps David Puritz Of Deutsche Bank As Convertibles Head
March 11 (Bloomberg) -- Nomura Holdings Inc., Japan’s biggest brokerage, hired David Puritz, head of U.S. convertible bond trading at Deutsche Bank AG, to run the business in New York, two...
Australian Employers Add Fewest Jobs In Six Months
March 11 (Bloomberg) -- Australian employers added the fewest jobs in six months in February, suggesting the central bank has room to slow the pace of future interest-rate...
Shinsei Said To Mull Canceling Merger, Selling Shares
March 11 (Bloomberg) -- Shinsei Bank Ltd., the Japanese lender backed by U.S. investor Christopher Flowers, may abandon its merger with Aozora Bank Ltd. and instead raise 75 billion yen ($830...
Telecom Magnate Carlos Slim Is 'world's Richest' Person: Forbes
MEXICO CITY: Mexico's Carlos Slim, the son of an immigrant shopkeeper who amassed a $53.5 billion fortune and bought a major stake in the New York Times, became the first person from a developing ...
Bank Of Korea Stands Pat On Policy Interest Rate
TOKYO -- The Bank of Korea kept its policy interest rate unchanged at 2% Thursday as the domestic economy "continued on a recovering trend." The decision had been widely expected. But the monetary...
China's Consumer Prices Rise More Than Expected
HONG KONG -- China's consumer price index accelerated to a pace of 2.7% in February from the year-earlier month, driven by a surge in food prices, according to official data released Thursday. The...
Update: Sensata Ipo Prices At $18, Within Expected Range
High-tech sensor company Sensata Technologies Holding added another upbeat data point to the U.S. IPO market Wednesday, pricing its 31.6 million-share offering at $18 a share, within its expected...
Update: Us Governors Ask Congress To Stop Epa Rules
(Updates with comment from EPA) WASHINGTON -(Dow Jones)- Governors of 18 U.S. states on Wednesday urged Congress to stop "harmful" Environmental Protection Agency regulation of greenhouse-gas...
Bank Permata Gets Idr700 Billion Fresh Funds From Standard Chartered
JAKARTA -(Dow Jones)- PT Bank Permata (BNLI.JK) has raised IDR700 billion ($76 million) by selling 10-year unsecured subordinated medium-term notes to its shareholder Standard Chartered PLC...
Australia Unemployment Rises To 5.3% In February
SAN FRANCISCO -- Australia's unemployment rate was at 5.3% in February, compared to a downwardly-revised 5.2% in the prior month, according to data published Thursday by the Australian Bureau of...
Cavuto: Plan On More Speeches
Missed Wednesady's Cavuto? Catch "The Deal" right here on FOXBusiness.com Signed, sealed, and now waiting to be delivered. Here's the deal. The defense rests. President Obama's closing argument...
Cera Week: Natural Gas Industry Looks To Shore Up Demand
HOUSTON -(Dow Jones)- The natural gas industry is grappling with a big problem: trying to find an outlet for vast new supplies of the fuel. The boom in domestic natural-gas production from onshore...
Gymboree Shares Up On 4q Beat, Strong View
GYMB ) shares were up more than 5% in after-hours trading Wednesday, after the company posted fourth-quarter results that beat expectations and gave first-quarter guidance that topped estimates. ...
Japan Shares Rise As Trading Firms Strengthen
TOKYO -- Japanese shares traded broadly higher Thursday morning in Tokyo with trading firms among the bigger advancers following strength in oil prices in New York. The Nikkei 225 was up 0.7% at...
Best Buy Bets On 3d Tv, But No Quick Payoffs Seen
A man watches a 3D movie at the Panasonic booth during the 2010 International Consumer Electronics Show (CES) in Las Vegas, Nevada January 7, 2010 file...
Senate Passes $149 Bln For Jobless Aid, Tax Breaks
WASHINGTON (Reuters) - The Senate on Wednesday passed a $149 billion package of jobless aid and tax breaks, as Democrats continued efforts to lower the 9.7 percent unemployment rate before...
Gm Ceo Says U.s. Will Make Money On Bailout
SAN ANTONIO (Reuters) - General Motors Co will pay back roughly $8 billion in debt to the United States and Canada before June and could go public in a way that would allow taxpayers to make a profit...
Macquarie In Push To Expand U.s. Presence: Report
Tim Bishop, chief executive officer of Macquarie Capital's U.S. division, told Bloomberg in an interview that the bank has "eyes and ears open" for opportunities in the United...
75 Years On, Bank Gets It Right On Inflation
Bank notes are counted and bundled for distribution across the country in this 1960 Bank of Canada photo. The newly constituted Bank of Canada took over responsibility for Canada’s currency 75...
Full Coverage Of This Week's Prospectors And Developers Conference
FP's Peter Koven and a team of reporters brings you the latest news from the Prospectors and Developers Association of Canada conference in...
Less Tropicana O.j. For Your Buck
PepsiCo cites the deep freeze that hurt much of Florida's citrus crop as to why it is raising prices and shrinking packaging on its popular Tropicana orange...
Video: Bowling For Employment
Losing a job in this recession can be traumatic, but for some it is an opportunity to follow a dream. Ben Tracy shows us one man whose dreams of professional bowling came...
Video: Sugar To Replace Corn Syrup?
High fructose corn syrup is used as a sweetener for many popular foods, but recently there has been a push to replace it by going back to sugar. Michelle Miller has the...