Business and Finance News

Henry Paulson makes positive speech on economy
Mongolia News.Net
US Treasury Secretary Henry Paulson has said he believes the financial crisis is coming to an end but society could take some time to fully emerge from the malaise.
UK construction industry hit by government squeeze
Mongolia News.Net
A squeeze on UK government spending has begun to hit the construction industry.
Car sales hold up in Europe
Mongolia News.Net
New car registrations are up in Europe.
Winemaking patriarch Robert Mondavi dies
MSNBC
A winery spokeswoman says California winemaking patriarch Robert Mondavi has died. He was 94.Robert Mondavi Winery spokeswoman Mia Malm says Mondavi died peacefully at his home in...
SingTel moves into faster networks
Mongolia News.Net
Singapore Telecommunications, otherwise known as SingTel, has awarded a SIN$220 million contract to Ericsson Telecommunications to expand its 2G and 3G mobile network.
Indonesian leaders to meet over fuel prices
Mongolia News.Net
Indonesia’s House of Representatives Speaker, Agung Laksono, has invited President Susilo Bambang Yudhoyono to a consultative meeting on the government's plan to raise fuel oil prices.
Indian car maker launches eco-friendly model
Mongolia News.Net
Tata Motors of India has launched a new dual fuel, eco-friendly model of its Indica range of vehicles.
Bacon painting fetches record price
Mongolia News.Net
Renowned artist Francis Bacon's masterpiece, 'Triptych', has set a new record in sales by fetching a whopping 43 million pounds at an auction in New York.
British Airways lifts profits
Mongolia News.Net
British Airways has reported a 45% rise in annual profits but warned that economic uncertainty and high fuel costs pose challenges.
US stocks lower after a good week
Mongolia News.Net
U.S. stocks closed mostly lower on Friday, with a slide in consumer confidence and surging crude oil prices fueling worries about the economy.
Australian cricketers coaxed back to Jaipur
Mongolia News.Net
Faced with the threat of losing future earnings in the Indian Premier League, Australia's contingent from the Rajasthan Royals franchise were coaxed back to Jaipur despite their fears following Tuesday's deadly terrorist attack in the capital city of Rajasthan.
Microsoft Windows comes to green laptop
Earth Times
San Francisco - The One Laptop Per Child project will install Windows XP on its low-cost laptops for students in developing countries, according to a joint announcement Friday. The operating...
Cathay Pacific Airways considers cutting routes
Seattle Post-Intelligencer
Cathay Pacific Airways might cut routes to help cope with surging fuel prices, its chief executive said. Tony Tyler said in an internal company...
County employment data show some promise
San Diego Union-Tribune
After a sluggish winter, employment in San Diego County rebounded last month, fueled by strong hiring in hotels, restaurants and government work, according to data released by the California...
Health care billing fight is looming
San Diego Union-Tribune
Doctors and hospital officials will square off with health insurers Monday in San Diego over a state plan to ban medical providers from billing emergency room patients for charges not covered by...
Alvarado Hospital loses dispute with Blue Shield
San Diego Union-Tribune
Alvarado Hospital in San Diego has lost its court battle over a contract dispute with Blue Shield of California, demonstrating how challenging it can be for stand-alone hospitals to demand higher...
U.N. predicts downturn for world economy
San Diego Union-Tribune
The world economy is &#8220;teetering on the brink&#8221; of a severe downturn and is expected to grow only 1.8 percent in 2008, the United Nations said in its midyear economic projections....
Most stocks drop on Wall Street
Earth Times
New York - Most stocks fell Friday on Wall Street, led by retailers and financial services companies, after consumer confidence slumped to the lowest in 28 years and Merrill Lynch & Co advised...
$100 laptop nonprofit now teamed with Microsoft
KeralaNext
The One Laptop Per Child project is about to find out whether Microsoft Corp., a rival the nonprofit group once derided, is the solution to its problems in spreading inexpensive portable...
; Store Joins Target, Wal-Mart in Selling Discounted 90-Day Generic Prescriptions
RedOrbit
Posted on: Saturday, 17 00:00 CDT By CHERYL CASWELL Kroger is jumping on the prescription discount bandwagon and offering 90-day supplies of hundreds of generic medications for $10. The...
AOL sheds its brand to draw specialty audiences
San Diego Union-Tribune
NEW YORK &#8211; Unless you're looking carefully, you'll likely miss the fact that the new Asylum Web site for young men is a creation of Time Warner Inc.'s AOL. Same for WalletPop on personal...
U.S. Airways pilots say too soon for United tie-up
San Diego Union-Tribune
PHOENIX &#8211; The pilots union for US Airways says the carrier should focus on its last merger before discussing another tie-up with United Airlines. The US Airline Pilots Association says it's...
Stocks pare losses to finish mixed after oil spikes
San Diego Union-Tribune
... amp;gt; But investors were clearly sidetracked for much of the session by energy prices and their effect on consumer spending, which accounts for more than two-thirds of...

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