Oct 1, 2011, 10:29 p.m.
Europe, China woes fuel earnings worries
NEW YORK (Reuters) - Investors are worried U.S. earnings growth may finally fall back to earth as turmoil in Europe and signs of a less robust Chinese economy hurt foreign support. The euro zone's debt crisis and weakness in China have fueled investor concern that the global economy could tip back into recession, possibly dampening U.S. earnings growth at a time when the U.S. economy is still struggling to gain ground.
State job cuts on table at Greek loan talks
ATHENS (Reuters) - Greece hopes to clinch a deal with its EU and IMF lenders on how to meet a promise to lay off state workers -- a key condition to free up urgently needed bailout aid -- by Sunday, senior government officials said. Without the release of an 8 billion euro ($10.7 billion) tranche of an EU bailout, massively indebted Greece could run out of money to pay state wage bills within weeks.
Alibaba's Ma: "very interested" in buying Yahoo
PALO ALTO, California (Reuters) - Jack Ma, the founder and CEO of Chinese e-commerce giant Alibaba, is keen on buying Yahoo Inc
China paper urges Europe get act together on debt crisis
BEIJING (Reuters) - European countries must act decisively to resolve the euro zone debt crisis or risk having some member states forced out of the single currency, China's top newspaper said in a front page commentary on Saturday. The call came in the overseas edition of the People's Daily, the official paper of the ruling Communist Party.
Kodak denies bankruptcy plan but shares plummet
(Reuters) Eastman Kodak Co
Tesla wannabe owners get a gander at Model S Sedan
FREMONT, California (Reuters) - Electric carmaker Tesla Motors threw open its factory doors to customers who have preordered its forthcoming Model S sedan on Saturday evening. Customers got tours of the Fremont, California, factory, rides in a prototype of the Model S, and a plea for support from Tesla Chief Executive Elon Musk, a co-founder of eBay.
Citigroup faces regulatory scrutiny in Japan: source
TOKYO (Reuters) - Citigroup
- For Creedence Clearwater Revisited drummer Doug Clifford, playing in the Valley is ...
- “One person...Six questions” is a continuing series of columns about Tucson-area residents ...
- My nightmare is always the same.