Toyota Prius tops October sales in Japan

Tweet By 2010-11-05T06:13:44Z TOKYO (AP) — Toyota’s Prius ranked as Japan’s best-selling car in October, keeping the No. 1 spot for the 18th straight month even as sales tumbled due to the termination of subsidies for green cars… More here: Toyota Prius tops October sales in Japan  Read More →

CFTC and SEC await advice from "flash crash" panel

Tweet WASHINGTON (Reuters) – U.S. regulators may get the ammunition they need to impose new market rules when they meet an advisory panel on Friday to discuss the May 6 plunge that briefly sent the… Read the original: CFTC and SEC await advice from "flash crash" panel  Read More →

Expo over, Shanghai in deal for Disney theme park

Tweet By ELAINE KURTENBACH 2010-11-05T04:23:25Z SHANGHAI (AP) — Just days after Shanghai wrapped up its role as host to the World Expo, China’s commercial capital is setting its sights on another big tourism draw, a long-awaited Disney theme park…. More here: Expo over, Shanghai in deal for Disney theme park  Read More →

Japan central bank keeps key rate at near zero

Tweet By 2010-11-05T04:21:15Z TOKYO (AP) — Japan’s central bank kept its key interest rate unchanged at near zero Friday and said it will start buying government bonds next week under a previously announced plan to help foster an economic recovery…. Read more here: Japan central bank keeps key rate at near zero  Read More →

Starbucks: 4th-quarter net income nearly doubles

Tweet By EMILY FREDRIX 2010-11-05T04:20:37Z NEW YORK (AP) — As more people visited Starbucks cafes and spent more at the end of summer, the company’s fourth-quarter net income nearly doubled, handily beating estimates, and the company raised its target Thursday for fiscal 2011 profit…. Excerpt from: Starbucks: 4th-quarter net... 

Payrolls likely grew in October, jobless rate steady

Tweet WASHINGTON (Reuters) – U.S. employers added jobs last month for the first time since May, the government is expected to report on Friday, but at such a slow pace that it is unlikely to make a dent in… See the original post here: Payrolls likely grew in October, jobless rate steady  Read More →

Royal Dutch Shell, others pay $236M in bribe cases

Tweet By MARCY GORDON 2010-11-05T03:03:14Z WASHINGTON (AP) — Seven companies – Royal Dutch Shell PLC, a big Swiss freight company, four oil service companies and a U.S. shipping firm – have agreed to pay $236.5 million to settle criminal and civil charges that they bribed foreign officials, the government announced Thursday….... 

BP defends ‘F’ ratings on Alaska oil pipelines

Tweet By RACHEL D’ORO 2010-11-05T02:51:26Z ANCHORAGE, Alaska (AP) — Internal “F” ratings of pipeline sections operated by BP PLC in Alaska’s North Slope show the company’s corrosion monitoring program is succeeding, not failing, a company spokesman said Thursday…. View original post here: BP defends... 

BOJ holds off on easing policy as yen stable post: Fed

Tweet TOKYO (Reuters) – The Bank of Japan on Friday kept interest rates at zero and held off on easing monetary policy, as the Federal Reserve’s bond buying plan did not trigger yen gains sharp enough to… More: BOJ holds off on easing policy as yen stable post: Fed  Read More →

Kraft revenue misses; keeps outlook

Tweet NEW YORK (Reuters) – Kraft Foods Inc reported weaker-than-expected quarterly revenue, after price increases taken to offset rising ingredient costs hurt sales. Read the rest here: Kraft revenue misses; keeps outlook  Read More →