http://www.earthtimes.org The Earth Times online newspaper, serving the planet with business news that matters en-us PHP/4.4.4 http://www.earthtimes.org/articles/show/293641,five-more-us-bank-failures-bring-total-for-2009-to-120.html New York - Bank failures in the United States have risen to 120 this year as five more regional institutions were added to the list, the US agency that guarantees the safety of bank deposits said. United Commercial Bank in San Francisco with assets o... US,Business Sat, 07 Nov 2009 04:46:19 GMT http://www.earthtimes.org/articles/show/293641,five-more-us-bank-failures-bring-total-for-2009-to-120.html http://www.earthtimes.org/articles/show/293633,us-stocks-climb-slightly-despite-double-digit-jobless-rate.html New York - US stocks posted mild gains Friday to end the week as investors shrugged off government figures that put the unemployment rate above 10 per cent. The Labour Department said the jobless rate hit 10.2 per cent in the month of October, the hi... US,Business Fri, 06 Nov 2009 22:16:17 GMT http://www.earthtimes.org/articles/show/293633,us-stocks-climb-slightly-despite-double-digit-jobless-rate.html http://www.earthtimes.org/articles/show/293605,us-joblessness-hits-102-per-cent-highest-in-26-years.html Washington - The US unemployment rate surged to 10.2 per cent in October, the highest in 26 years as another 190,000 people lost their jobs, the Labour Department reported Friday. The figure comes after a 9.8-per-cent jobless rate in September and wa... US,Business Fri, 06 Nov 2009 16:22:21 GMT http://www.earthtimes.org/articles/show/293605,us-joblessness-hits-102-per-cent-highest-in-26-years.html http://www.earthtimes.org/articles/show/293585,us-joblessness-jumps-to-102-per-cent-highest-since-1983.html Washington - The US unemployment rate surged to 10.2 per cent in October, the highest in 26 years, as another 190,000 people lost their jobs during the month, the US reported Friday. The figure reported by US Labour Department came after the 9.8 per ... US,Business Fri, 06 Nov 2009 13:58:20 GMT http://www.earthtimes.org/articles/show/293585,us-joblessness-jumps-to-102-per-cent-highest-since-1983.html http://www.earthtimes.org/articles/show/293579,us-jobless-rate-jumps-to-102-per-cent.html Washington - The US unemployment rate surged to 10.2 per cent in October as another 190,000 people lost their jobs, according to US Labour Department figures released Friday. The jobless rate stood at 9.8 per cent in September. Unemployment had been ... US,Business Fri, 06 Nov 2009 13:40:24 GMT http://www.earthtimes.org/articles/show/293579,us-jobless-rate-jumps-to-102-per-cent.html http://www.earthtimes.org/articles/show/293519,bulls-stop-james-edge-cavs--summary.html Los Angeles - The King couldn't deliver in the clutch. Luol Deng and Joakim Noah combined to deny LeBron James a potential game-winning drive in the final seconds as and the visiting Chicago Bulls snapped the Cleveland Cavaliers' three-game winning... US,Business Fri, 06 Nov 2009 08:28:21 GMT http://www.earthtimes.org/articles/show/293519,bulls-stop-james-edge-cavs--summary.html http://www.earthtimes.org/articles/show/293488,mortgage-lender-fannie-mae-posts-nearly-19-billion-dollar-loss.html Washington - US mortgage lender Fannie Mae said Thursday that it would seek 15 billion dollars in federal aid, after posting its ninth consecutive quarterly loss. Fannie Mae reported a net loss of 18.9 billion dollars in the third quarter of 2009, co... US,Business Fri, 06 Nov 2009 01:52:17 GMT http://www.earthtimes.org/articles/show/293488,mortgage-lender-fannie-mae-posts-nearly-19-billion-dollar-loss.html http://www.earthtimes.org/articles/show/293486,germany-satisfied-us-was-not-involved-in-gms-opel-turnabout.html Washington - Germany's Foreign Minister Guido Westerwelle said Thursday he was satisfied that the US government was not involved in General Motors' sudden decision this week to keep its European subsidiary Opel. US Secretary of State Hillary Rodham C... US,Business Fri, 06 Nov 2009 00:16:18 GMT http://www.earthtimes.org/articles/show/293486,germany-satisfied-us-was-not-involved-in-gms-opel-turnabout.html http://www.earthtimes.org/articles/show/293484,starbucks-earnings-perk-up.html San Francisco - US coffee house giant Starbucks reported sharply higher earnings Thursday as it benefited from cost cuttings and a return of customers to its deluxe caffeinated offerings. The Seattle-based chain said it earned 150 million dollars in ... US,Business Fri, 06 Nov 2009 00:04:20 GMT http://www.earthtimes.org/articles/show/293484,starbucks-earnings-perk-up.html http://www.earthtimes.org/articles/show/293483,dow-climbs-back-over-10000-on-upbeat-economic-data.html New York - The Dow Jones Industrial Average surged more than 2 per cent on Thursday for its biggest gain since July, pushing the US index back above 10,000 points amid better-than-expected economic data on jobs and productivity. The Labour Department... US,Business Thu, 05 Nov 2009 23:22:21 GMT http://www.earthtimes.org/articles/show/293483,dow-climbs-back-over-10000-on-upbeat-economic-data.html http://www.earthtimes.org/articles/show/293467,apples-steve-jobs-named-ceo-of-the-decade.html San Francisco - He single-handedly saved Apple, wrought a revolution in online music, created a world-beating smartphone and led Pixar to dominate computer animation. So it's no surprise that Apple chief executive Steve Jobs was named CEO of the deca... US,Business Thu, 05 Nov 2009 21:16:34 GMT http://www.earthtimes.org/articles/show/293467,apples-steve-jobs-named-ceo-of-the-decade.html http://www.earthtimes.org/articles/show/293461,us-lawmakers-extend-unemployment-benefits-tax-credits-for-housing.html Washington - US lawmakers on Thursday approved legislation that would extend unemployment benefits and popular tax credits for home buyers, in a bid to keep the US economic recovery on track. The House of Representatives overwhelmingly approved the b... US,Business Thu, 05 Nov 2009 20:16:24 GMT http://www.earthtimes.org/articles/show/293461,us-lawmakers-extend-unemployment-benefits-tax-credits-for-housing.html http://www.earthtimes.org/articles/show/293444,hyatt-raises-nearly-1-billion-dollars-in-stock-offering.html New York - International hotel chain Hyatt raised nearly 1 billion dollars Thursday in what was the third-largest initial public offering of stock on US markets this year. The Hyatt group is controlled by the Pritzker family, one of the richest in th... US,Business Thu, 05 Nov 2009 17:52:17 GMT http://www.earthtimes.org/articles/show/293444,hyatt-raises-nearly-1-billion-dollars-in-stock-offering.html http://www.earthtimes.org/articles/show/293443,us-prosecutors-charge-14-in-widening-insider-trading-scandal.html New York - The United States has charged 14 more people as part of a widening crackdown on insider trading on Wall Street, prosecutors announced Thursday. A total of 20 top hedge fund managers and their accomplices have now been charged for allegedly... US,Business Thu, 05 Nov 2009 17:46:26 GMT http://www.earthtimes.org/articles/show/293443,us-prosecutors-charge-14-in-widening-insider-trading-scandal.html http://www.earthtimes.org/articles/show/293345,unilever-shares-drop-after-announcing-lower-q3-turnover.html Amsterdam - Share prices for British-Dutch food multinational Unilever dropped Thursday morning after the company reported third quarter turnover which fell short of analysts predictions. By 10 am (0900 GMT), Unilever shares had fallen 2.5 per cent t... US,Business Thu, 05 Nov 2009 10:04:21 GMT http://www.earthtimes.org/articles/show/293345,unilever-shares-drop-after-announcing-lower-q3-turnover.html http://www.earthtimes.org/articles/show/293294,news-corp-earnings-rise-on-cable-tv-and-film-gains.html Los Angeles - Media conglomerate News Corp posted an 11-per- cent rise in quarterly earnings Wednesday as strong performances by the company's film and television businesses offset losses at its newspapers and broadcast television units. The New York... US,Business Wed, 04 Nov 2009 23:28:21 GMT http://www.earthtimes.org/articles/show/293294,news-corp-earnings-rise-on-cable-tv-and-film-gains.html http://www.earthtimes.org/articles/show/293288,cisco-earning-drop-19-per-cent-but-beat-expectations.html San Francisco - Networking equipment giant Cisco reported a 19-per-cent drop in first quarter income Wednesday as sales dropped 13 per cent. However the results were above analyst expectations and marked the second quarterly improvement in a row, sig... US,Business Wed, 04 Nov 2009 22:04:18 GMT http://www.earthtimes.org/articles/show/293288,cisco-earning-drop-19-per-cent-but-beat-expectations.html http://www.earthtimes.org/articles/show/293287,small-gains-for-us-stocks-as-fed-keeps-rates-steady.html New York - US stocks posted mild gains Wednesday as the Federal Reserve kept interest rates at their record low of close to 0 per cent. The central bank signalled it would continue to keep its benchmark federal funds rate at 0-0.25 per cent for an e... US,Business Wed, 04 Nov 2009 21:58:24 GMT http://www.earthtimes.org/articles/show/293287,small-gains-for-us-stocks-as-fed-keeps-rates-steady.html http://www.earthtimes.org/articles/show/293281,federal-reserve-keeps-rates-at-record-low-despite-recovery--summary.html Washington - The US Federal Reserve on Wednesday kept interest rates at their historic low of near 0 per cent as the world's largest economy embarks on a slow recovery from recession. The central bank's board said economic conditions continued to pi... US,Business Wed, 04 Nov 2009 20:22:26 GMT http://www.earthtimes.org/articles/show/293281,federal-reserve-keeps-rates-at-record-low-despite-recovery--summary.html http://www.earthtimes.org/articles/show/293275,federal-reserve-keeps-interest-rates-at-record-low-despite-recovery.html Washington - The US Federal Reserve on Wednesday kept interest rates at their historic low of near 0 per cent as the world's largest economy embarks on a slow recovery from recession. The central bank's board said economic conditions had continued t... US,Business Wed, 04 Nov 2009 19:28:24 GMT http://www.earthtimes.org/articles/show/293275,federal-reserve-keeps-interest-rates-at-record-low-despite-recovery.html