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For more headlines on Breaking, National, Business, Finance, Sports and World News, visit our home page St Louis Star.com http://www.stlouisstar.com/index.php/ct/10/id/3a8a80d6f705f8cc/ en-us Wed, 07 Jan 2009 20:00:02 -0500 Wed, 07 Jan 2009 20:00:02 -0500 30 The anti-Government protests that crippled Bangkok's two major airports toward the end of last year, are estimated to have cost Thailand US$11.5 million. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450938/cs/1/ Wed, 07 Jan 2009 19:20:59 -0500 St Louis Star.com http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450938/cs/1/ US President-elect Barack Obama has admitted he expects to inherit a US budget deficit approaching $1 trillion. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450937/cs/1/ Wed, 07 Jan 2009 19:18:52 -0500 St Louis Star.com http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450937/cs/1/ Apple has unveiled the new 17-inch MacBook Pro. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450936/cs/1/ Wed, 07 Jan 2009 19:17:24 -0500 St Louis Star.com http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450936/cs/1/ More casualties of the financial crisis have been announced in the UK, with one of the country's oldest clothing retailers placed in administration. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450935/cs/1/ Wed, 07 Jan 2009 19:16:28 -0500 St Louis Star.com http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450935/cs/1/ Mitsubishi Motors in Japan has signaled a downsizing operation. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450934/cs/1/ Wed, 07 Jan 2009 19:15:17 -0500 St Louis Star.com http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450934/cs/1/ China has issued licenses to make internet access on mobile handsets available to hundreds of millions of people. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450933/cs/1/ Wed, 07 Jan 2009 19:14:07 -0500 St Louis Star.com http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450933/cs/1/ Three international submarine cables located between Egypt and Italy, have been repaired. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450932/cs/1/ Wed, 07 Jan 2009 19:12:47 -0500 St Louis Star.com http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450932/cs/1/ The New Year surge on Wall Street petered out on Wednesday. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450922/cs/1/ Wed, 07 Jan 2009 12:27:33 -0500 St Louis Star.com http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450922/cs/1/ The head of the Ukraine gas company Naftogaz intends going to Moscow on Thursday to negotiate the gas dispute with Russia. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450499/cs/1/ Tue, 06 Jan 2009 20:42:40 -0500 St Louis Star.com http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450499/cs/1/ Former Enron CEO Jeff Skilling will have his 24-year prison term re-adjusted. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450498/cs/1/ Tue, 06 Jan 2009 20:41:16 -0500 St Louis Star.com http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450498/cs/1/ A German billionaire has committed suicide due to money problems. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450497/cs/1/ Tue, 06 Jan 2009 20:40:01 -0500 St Louis Star.com http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450497/cs/1/ Bank of America's top executive has said he will take no bonus for last year’s performance, neither will he recommend any for other executives. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450496/cs/1/ Tue, 06 Jan 2009 20:38:22 -0500 St Louis Star.com http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450496/cs/1/ Japanese electronics giant Sanyo intends slashing 1,000 jobs. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450495/cs/1/ Tue, 06 Jan 2009 20:37:03 -0500 St Louis Star.com http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450495/cs/1/ 13 per cent or Alcoa’s global workforce is about to be slashed. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450494/cs/1/ Tue, 06 Jan 2009 20:36:03 -0500 St Louis Star.com http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450494/cs/1/ Apple has announced its iTunes service will supply digital music without protection software. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450493/cs/1/ Tue, 06 Jan 2009 20:35:03 -0500 St Louis Star.com http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450493/cs/1/ 25 percent of Alitalia shares have been earmarked for Air France-KLM. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450492/cs/1/ Tue, 06 Jan 2009 20:34:00 -0500 St Louis Star.com http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450492/cs/1/ The Porsche company in Germany has increased its share of Volkswagen to 50.76 percent from 42 percent. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450491/cs/1/ Tue, 06 Jan 2009 20:32:14 -0500 St Louis Star.com http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450491/cs/1/ US stocks rallied Tuesday over speculation that president-elect Barack Obama's stimulus package will jump start the ailing US economy. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450515/cs/1/ Tue, 06 Jan 2009 22:00:24 -0500 St Louis Star.com http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450515/cs/1/ The largest US aluminium maker, Alcoa, announced Tuesday that it would cut its global workforce by 13,500 jobs, or 13 percent, by the end of the year amid the widening recession. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450512/cs/1/ Tue, 06 Jan 2009 22:00:05 -0500 St Louis Star.com http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450512/cs/1/ London, Jan 7 : Lloyds TSB, the leading financial institution, has topped the league table of the UK's most gay-friendly employers in a new survey. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450702/cs/1/ Wed, 07 Jan 2009 06:00:11 -0500 St Louis Star.com http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450702/cs/1/ The world's largest brewer, Anheuser-Busch InBev, is going to close a historic 600-year-old brewery on the banks of the river Thames in London. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450490/cs/1/ Tue, 06 Jan 2009 20:30:59 -0500 St Louis Star.com http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/450490/cs/1/ SAN FRANCISCO (MarketWatch) -- Shares of data storage technology provider EMC Corp. rose nearly 4% in after-hours trading as the company issued a financial outlook and said it will cut about 2,400 job... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943357/ Wed, 07 Jan 2009 18:51:03 -0500 MarketWatch http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943357/ By CHUCK BARTELSAP BUSINESS WRITER LITTLE ROCK, Ark. -- Wal-Mart Stores Inc., the world's largest retailer, on Wednesday named the president and CEO of its Sam's Club warehouse division to fill the... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943429/ Wed, 07 Jan 2009 18:34:10 -0500 Seattle Post-Intelligencer http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943429/ President-elect Barack Obama confirmed to CNBC Thursday that he plans to lay out a roughly $775 billion economic stimulus plan but indicated that the amount could grow once it gets taken up by Congres... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943275/ Wed, 07 Jan 2009 18:32:03 -0500 MSNBC http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943275/ January 07, 2009 — IDG News Service — Microsoft has struck a five-year deal to pre-install its Live Search as the default search engine on Verizon mobile phones. Users will be able to d... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943389/ Wed, 07 Jan 2009 18:15:11 -0500 CIO http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943389/ NEW YORK — A warning from tech giant Intel about poor business conditions and more evidence of rising unemployment left stocks with their biggest losses in a month Wednesday. The news upended s... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943404/ Wed, 07 Jan 2009 19:02:06 -0500 Star Tribune http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943404/ Car manufacturers are offering incentives for three model years of new vehicles — 2007, 2008 and 2009. Here is a snapshot of some current incentives that offer $2,000 or more back to new purcha... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943407/ Wed, 07 Jan 2009 19:02:01 -0500 Star Tribune http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943407/ Microsoft is preparing to announce Wednesday it has been selected as the search provider for Verizon mobile phones, beating out archrival Google and Yahoo, according to http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943361/ Wed, 07 Jan 2009 18:22:50 -0500 CNet http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943361/ recession which could include throwing lifelines to big companies, small businesses and households starved of finance in the money markets.A high level team of officials from the Treasury and other go... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943395/ Wed, 07 Jan 2009 18:46:57 -0500 Guardian http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943395/ Tuesday’s report that the U.S. budget deficit will swell to $1.2 trillion in the current fiscal year isn’t a complete surprise. President-elect Barack Obama warned this week of "trillion-dollar de... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943427/ Wed, 07 Jan 2009 18:32:00 -0500 MSNBC http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943427/ stocks fell sharply Wednesday, as a handful of bleak profit outlooks and more evidence of escalating unemployment served as stark reminders the economy remains in rough shape. The Dow Jones dropped ... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943445/ Wed, 07 Jan 2009 19:05:38 -0500 West Australian http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943445/ US stocks have suffered their worst decline in more than a month after a grim private-sector jobs report coupled with a revenue warning from top chip maker Intel revived deep concerns about the econom... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943409/ Wed, 07 Jan 2009 18:01:38 -0500 Stuff http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943409/ NEW YORK - General Motors and Chrysler say they’re both expanding deals that offer low-cost loans and special pricing incentives to credit union members to all 50 states. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943425/ Wed, 07 Jan 2009 18:31:56 -0500 MSNBC http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943425/ /PRNewswire-FirstCall/ -- Hanger Orthopedic Group, Inc. (NYSE: HGR) announced today that it plans to report its results of operations for the year ended http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943436/ Wed, 07 Jan 2009 18:58:26 -0500 RedOrbit http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943436/ (AXcess News) Reno - Microsoft dealt a blow to search competitors Google and Yahoo after Verizon's chief executive said Verizon Communications would use Microsoft's mobile search over rival Google or ... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943439/ Wed, 07 Jan 2009 17:34:21 -0500 Axcess News http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943439/ The robbery happened Tuesday night, Mobil Producing Nigeria said in a statement. "Production was not impacted by the incident," said the company, which is Nigeria's largest foreign operator, produci... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943375/ Wed, 07 Jan 2009 17:29:09 -0500 Morning Star http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943375/ Now, she has even fewer. Mrs. Kohn has dropped out of sight, leaving the firm she founded, Bank Medici, in the hands of Austrian regulators, who took it over last week. Embarrassment from investing h... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943393/ Wed, 07 Jan 2009 17:46:33 -0500 Gadsden Times http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943393/ DETROIT -- Even by the standards of battered automakers, Chrysler is in dire shape. Its sales in December were down a stunning 53 percent, far worse than Ford or General Motors, and analysts say it pr... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943406/ Wed, 07 Jan 2009 19:02:05 -0500 Star Tribune http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943406/ The Food and Drug Administration says the industrial chemical melamine and a byproduct cyanuric acid have now been detected in four of 89 containers of infant formula made in the United States, dou... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943424/ Wed, 07 Jan 2009 18:15:47 -0500 Newsday http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943424/ RGA plans to release fourth-quarter earnings on Monday, January 26, at approximately 5 p.m. Eastern Time. The release will be issued via newswire and will also be available through RGA’s Web site... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943366/ Wed, 07 Jan 2009 17:29:01 -0500 CNBC http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943366/ ENWV today provided an updated revenue estimate for its fourth quarter of 2008. Management currently anticipates reporting fourth quarter revenues of approximately $10 million as contrasted with re... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943365/ Wed, 07 Jan 2009 17:29:02 -0500 CNBC http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943365/ All Associated Press news WILMINGTON, Mass. (AP) - UniFirst Corp., which supplies uniforms and protective clothing, said Wednesday its fiscal first-quarter earnings rose 14 percent due to improving re... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943370/ Wed, 07 Jan 2009 17:28:57 -0500 CNBC http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943370/ All PR Newswire news Strong First Quarter Performance; Changing Global Economic Conditions; Enterprise Strategy Remains Intact; Two Million Shares Repurchased http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943369/ Wed, 07 Jan 2009 17:28:59 -0500 CNBC http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943369/ TORONTO -- The Canadian dollar fell against the U.S. currency Wednesday as the price of oil tumbled 12% on a buildup in inventory and as bleak U.S. employment data raised concerns about a deeper reces... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943398/ Wed, 07 Jan 2009 18:15:15 -0500 Financial Post http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943398/ DETROIT -- United Auto Workers bargaining teams are arriving this week in Detroit as the union gears up for negotiations with General Motors Corp and Chrysler LLC, which are mandated to cut labor cost... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943401/ Wed, 07 Jan 2009 18:15:14 -0500 Financial Post http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943401/ KIEV: Russia shut off all gas supplies to Europe through Ukraine on Wednesday - leaving more than a dozen countries scrambling to cope during a winter cold snap. Prime Minister Vladimir Putin endor... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943383/ Wed, 07 Jan 2009 17:32:14 -0500 Times Of India http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943383/ TAKING THE PULSE: Many semiconductor manufacturers cut their fourth-quarter earnings forecasts in the past two months as the global economic slowdown worsened, sapping demand for electronic devices ... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943380/ Wed, 07 Jan 2009 17:29:45 -0500 Morning Star http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943380/ (AP) Late payments on consumer loans in last year's third quarter hit the highest level since record-keeping began in 1980, the American Bankers Association said Wednesday.The association said delinqu... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943356/ Wed, 07 Jan 2009 18:12:43 -0500 CBS News http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943356/ Western Asset Managed High Income Fund Inc., which is listed on the New York Stock Exchange under the symbol “MHY”, today announced the financial position of the Fund as of November 30, 2008. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943364/ Wed, 07 Jan 2009 17:29:03 -0500 CNBC http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943364/ SAN FRANCISCO (MarketWatch) -- Energy stocks fell Wednesday as crude-oil prices posted a staggering 12% loss on a bearish rise in U.S. stockpiles and the Dow Jones Industrial Average shed 245 points t... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943358/ Wed, 07 Jan 2009 18:51:02 -0500 MarketWatch http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943358/ NEW YORK (CNNMoney.com) -- The dollar retreated against major currencies Wednesday as two weak jobs reports showed that the already battered U.S. labor market wasn't getting better.The reports were a ... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943390/ Wed, 07 Jan 2009 18:30:29 -0500 Fortune http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943390/ Bank of Nova Scotia, Canada's third-biggest bank by assets, agreed to sell $200-million (US$167.3-million) of preferred shares, the fourth Canadian lender this week to boost capital amid a recession.S... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943399/ Wed, 07 Jan 2009 18:15:14 -0500 Financial Post http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943399/ Sam's Club unit. In terms of credentials for the new spot, during 1998 and 1999, McMillon was vice president and general merchandise manager for Sam's Club International. In his current position, Mc... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943379/ Wed, 07 Jan 2009 17:29:09 -0500 Morning Star http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943379/ (AP) - A look at economic developments and stock-market activity around the world Wednesday: ——— KIEV, Ukraine — Russia shut off all gas supplies to Europe through Ukraine, f... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943443/ Wed, 07 Jan 2009 18:41:32 -0500 Canadian Business http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943443/ ONNN today announced that it is taking additional cost reduction measures. In the fourth quarter of 2008, the company began taking initial actions to reduce overall spending levels. The actions inc... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943374/ Wed, 07 Jan 2009 17:28:53 -0500 CNBC http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943374/ TORONTO - Some of the most active companies traded Wednesday on the Toronto Stock Exchange and the TSX Venture Exchange: Toronto Stock Exchange (9,121.32, down 350.77 points): Oilexco Inc. (TSX:OIL)... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943442/ Wed, 07 Jan 2009 18:41:33 -0500 Canadian Business http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943442/ /* Alcoa expects up to $230M charge in 4Q */ yld_mgr.content_topic_id_list=[ "20275001", "20201501"]; // [News (NPC), Business (NPC)] // no custom categories // []; yld_mgr.content_type_list=[ "f... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943397/ Wed, 07 Jan 2009 18:31:46 -0500 Knox News http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943397/ State Comptroller Thomas DiNapoli dismisses concerns that Wall Street will never be the same whenever the unrelenting shake-up on the markets comes to an end. Yet he doesn’t sugarcoat what a ne... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943413/ Wed, 07 Jan 2009 18:39:14 -0500 Buffalo Business First http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943413/ /PRNewswire/ -- BioMedical Enterprises, Inc. (BME), a cutting edge medical device company focused on the development of orthopaedic memory metal implants, announced today that it has appointed http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943437/ Wed, 07 Jan 2009 18:58:25 -0500 RedOrbit http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943437/ /PRNewswire-FirstCall/ -- Sanmina-SCI Corporation (Nasdaq: SANM) announced today that it will host its fiscal 2009 first quarter earnings conference call on http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943435/ Wed, 07 Jan 2009 18:58:32 -0500 RedOrbit http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943435/ SIOUX FALLS (South Dakota): Energy prices plunged across the board on Wednesday after a government report showed U.S. oil reserves were much greater than expected, suggesting demand continues to fa... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943382/ Wed, 07 Jan 2009 17:32:18 -0500 Times Of India http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943382/ WASHINGTON (MarketWatch) -- Citigroup Inc., General Motors and Chrysler have agreed to account for how they are using billions of dollars invested in their corporations by the Treasury Department as p... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943359/ Wed, 07 Jan 2009 18:51:00 -0500 MarketWatch http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943359/ Wall Street relationships, and the savings crisis. In 2007, the housing bubble decompressed. In 2008, Wall Street unraveled. Now it's 2009, and the last punch is coming into view: The scary economic ... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943428/ Wed, 07 Jan 2009 18:31:55 -0500 MSNBC http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943428/ JNPR , the leader in high-performance networking, today announced it will release financial results for the fourth quarter ending December 31, 2008, on January 29, 2009 after the close of the marke... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943367/ Wed, 07 Jan 2009 17:29:00 -0500 CNBC http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943367/ WASHINGTON -- Some of the investors who lost money in an alleged US$50-billion fraud run by Bernard Madoff may be able to recover funds within the next few months, the president of the Securities Inve... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943402/ Wed, 07 Jan 2009 18:15:12 -0500 Financial Post http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943402/ The One Laptop Per Child (OLPC) project announced Wednesday that it plans to downsize half of its staff and reduce the salary of the remaining employees. OLPC will also halt its development of the ope... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943396/ Wed, 07 Jan 2009 18:08:55 -0500 Ars Technica http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943396/ Microsoft is celebrating the success of its popular game console Xbox 360 that enjoyed a record year in 2008.It was the year the most Xbox 360 consoles, games and online entertainment experiences were... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943433/ Wed, 07 Jan 2009 18:38:59 -0500 Arabian Business http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943433/ Bad employment news drives markets down Jan. 7: Weak employment numbers and bleak outlooks from key industries caused a steep decline in the stock market today. Michael Crofton of Philadelphia Trust C... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943426/ Wed, 07 Jan 2009 18:31:58 -0500 MSNBC http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943426/ LONDON (AP) - Most world stock markets fell sharply Wednesday, undercut by fresh worries about the U.S. labor market following a grim jobs survey and aluminum producer Alcoa's announcement that it... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943441/ Wed, 07 Jan 2009 18:41:34 -0500 Canadian Business http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943441/ SAN FRANCISCO - Shares of Microsoft Corp., the world's largest software maker, sank Wednesday after chip maker Intel Corp. said fourth-quarter sales missed already lowered expectations. Redmond, Was... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943408/ Wed, 07 Jan 2009 19:02:31 -0500 Star Tribune http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943408/ NYSETime Warner Inc., down 69 cents at $10.29The company will write down $25 billion related to its cable, publishing and AOL assets, leading to an annual loss.Alcoa Inc., down $1.23 at $10.89The alum... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943391/ Wed, 07 Jan 2009 17:46:19 -0500 Gadsden Times http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943391/ CARACAS, Venezuela - Venezuela says it is reducing oil output by 189,000 barrels per day under new OPEC production cuts. Venezuela says it will stop shipping 166,000 barrels a day to the United Stat... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943405/ Wed, 07 Jan 2009 19:02:03 -0500 Star Tribune http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943405/ After announcing Tuesday that it would cut a third of its work force and scale back production in 2009, the stock price for Alcoa Inc. dropped by more than 10 percent Wednesday. By 2:30 p.m., the sha... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943414/ Wed, 07 Jan 2009 18:39:48 -0500 Business Journal http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943414/ January 07, 2009 — IDG News Service — Microsoft has discontinued negotiations over leasing a new office building in Seattle due to the deteriorating economic situation, it said. The com... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943388/ Wed, 07 Jan 2009 18:15:20 -0500 CIO http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943388/ The pound has risen to its highest level against the euro for three weeks, ahead of the Bank of England's interest rates announcement on Thursday. The euro fell 0.5% against the pound to close at 90.... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943360/ Wed, 07 Jan 2009 17:28:13 -0500 BBC http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943360/ Taking a cue from the cellphone industry, an upstart South African airline is selling flights by the minute and allowing customers to buy tickets and book flights via text message. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943410/ Wed, 07 Jan 2009 18:06:29 -0500 Wired News http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943410/ Foucault pendulums are a popular feature in science museums around the world. This one hangs out in the National Museum of Science and Technology in Milan, Italy. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943412/ Wed, 07 Jan 2009 18:06:21 -0500 Wired News http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943412/ (AP) - Among the earnings stories for Wednesday, Jan. 7, from AP Financial News: UNION, N.J. (AP) — Home decor chain Bed Bath & Beyond Inc. said Wednesday that its third-quarter earnings fe... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943440/ Wed, 07 Jan 2009 18:41:35 -0500 Canadian Business http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943440/ NEW YORK/NEW DELHI: New York Stock Exchange on Wednesday halted trading in Satyam Computer at its bourses in the US as well as Amsterdam in Europe, after founder and Chairman Ramalinga Raju disclos... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943384/ Wed, 07 Jan 2009 17:32:15 -0500 Times Of India http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943384/ Global markets opened lower after Alcoa's announcement late Tuesday that it was slashing 13 percent of its worldwide labor force and reducing output sharply to cope with the economic slowdown. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943421/ Wed, 07 Jan 2009 18:36:23 -0500 Times of India http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943421/ WIBC , will hold its quarterly conference call to discuss 2008 fourth quarter and year end results on Tuesday, January 27, 2009, at 11:00 A.M. PST (2:00 P.M. EST). http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943373/ Wed, 07 Jan 2009 17:28:55 -0500 CNBC http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943373/ BLUD ), Wednesday said its second quarter profit increased from last year, helped by improved pricing and higher sales. Both earnings and revenues topped the Street estimates. The company also raise... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943415/ Wed, 07 Jan 2009 17:26:37 -0500 Quote.com http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943415/ (RTTNews) - After seeing some early selling pressure, stocks saw some further downside over the course of trading day on Wednesday, ending the session sharply lower. The substantial weakness came as... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943416/ Wed, 07 Jan 2009 17:26:34 -0500 Quote.com http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943416/ BBBY ) is scheduled to report financial results for its fiscal third quarter after markets close on Wednesday.In early December, the Union, New Jersey-based company cut its earnings and sales guidanc... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943417/ Wed, 07 Jan 2009 17:26:32 -0500 Quote.com http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943417/ (RTTNews) - After seeing some early selling pressure, stocks saw some further downside over the course of trading day on Wednesday, ending the session sharply lower. The substantial weakness came as ... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943419/ Wed, 07 Jan 2009 17:26:27 -0500 Quote.com http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20943419/ KIEV, Ukraine - Russia shut off all gas supplies to Europe through Ukraine on Wednesday, forcing countries to scramble for alternative sources of energy during a winter cold snap. Prime Minister Vlad... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935422/ Wed, 07 Jan 2009 14:46:04 -0500 Star Tribune http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935422/ The biggest force propping up stocks now is widespread confidence that the government is moving aggressively to revive the battered economy and credit markets. That confidence rests heavily on reports... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935229/ Wed, 07 Jan 2009 14:18:38 -0500 MSNBC http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935229/ YANGON, Myanmar - The number of foreign tourists who visited Myanmar in the first nine months of 2008 was almost one-quarter less than for the same period a year earlier, official statistics show. T... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935420/ Wed, 07 Jan 2009 14:46:07 -0500 Star Tribune http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935420/ WASHINGTON - The federal budget deficit will hit an unparalleled $1.2 trillion for the 2009 budget year, according to grim new Congressional Budget Office figures. The CBO estimate released Wedne... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935436/ Wed, 07 Jan 2009 14:01:23 -0500 Newsday http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935436/ "We have an economic situation that is dire, and we're going to have to jump start this economy with my economic recovery plan, creating 3 million jobs," President-elect Barack Obama says. "That's goi... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935442/ Wed, 07 Jan 2009 14:18:38 -0500 MSNBC http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935442/ U.S. futures extended losses Wednesday after a worse-than-expected reading on U.S. employment added to pressure from Alcoa's decision to slash jobs and lower production. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935449/ Wed, 07 Jan 2009 14:04:01 -0500 Market Watch http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935449/ ANZ Commodity Price Index, December 2008Earnings from New Zealand's main export products have had their biggest drop in 20 years because of the world economic crisis.The ANZ Commodity Price Index show... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935452/ Wed, 07 Jan 2009 14:22:22 -0500 New Zealand Herald http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935452/ Actress Patty Duke reprises her roles as the cousins she played in the '60s sitcom, "The Patty Duke Show" as they approach the age of Social Security. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935438/ Wed, 07 Jan 2009 14:01:17 -0500 Newsday http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935438/ TORONTO -- Toronto's main stock index was 3% lower at midday on Wednesday, led down by oil and gold shares as commodity prices dropped and as a bout of profit-taking set in after six straight sessions... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935408/ Wed, 07 Jan 2009 14:00:31 -0500 Financial Post http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935408/ Obama pledges to tackle government spending President-elect Obama says he'll have to juggle the competing interests of economic stimulus and deficit control, but that restoring general business health... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935228/ Wed, 07 Jan 2009 14:18:39 -0500 MSNBC http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935228/ A woman searches through job listings at an employment center in Glendale, California. Private employers in the United States shed 693,000 jobs in December, up sharply from the revised 476,000 jobs ..... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935404/ Wed, 07 Jan 2009 14:00:34 -0500 Financial Post http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935404/ Satyam Computer Services Ltd. Chairman Ramalinga Raju resigned after saying he falsified earnings and assets, prompting a collapse in the stock of India's fourth-largest software-services provider.Raj... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935407/ Wed, 07 Jan 2009 14:00:32 -0500 Financial Post http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935407/ Long Island and sold its six active developments here to the man who helped them enter the local housing arena in 2002. The developments went for an "eight-figure" sum to local developer Don Everso... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935441/ Wed, 07 Jan 2009 14:01:11 -0500 Newsday http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935441/ SAN FRANCISCO (MarketWatch) -- Alcoa Inc. shares fell 9% in midday trading Wednesday as investors worried that the aluminum giant may be forced to cut its dividend and slash more output on top of just... http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935450/ Wed, 07 Jan 2009 14:04:18 -0500 Market Watch http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935450/ The lawsuit surrounding the construction of a Wal-Mart store in Clark County ended with a verdict last month in favor of the construction company that sued the store. http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935425/ Wed, 07 Jan 2009 14:27:14 -0500 Business Journal http://story.stlouisstar.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/20935425/