Copyright (c) 2012 Yahoo! Inc. All rights reserved. http://news.yahoo.com/business business Business News en-us Tue, 14 Feb 2012 15:08:26 GMT 5 142 18 http://news.yahoo.com/business http://l.yimg.com/a/i/us/nws/th/main_142c.gif http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20120214/bs_nm/us_markets_stocks nm/20120214/us_markets_stocks Reuters business Tue, 14 Feb 2012 14:50:49 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20120214/bs_nm/us_markets_stocks"><img src="http://d.yimg.com/a/p/rids/20120214/i/r2521205839.jpg?x=130&y=86&q=85&sig=0UVDsvF8uXsZnRBS8o0PHA--" align="left" height="86" width="130" alt="Traders work on the floor of the New York Stock Exchange February 7, 2012. REUTERS/Brendan McDermid" border="0" /></a>Reuters - The S&P 500 index retreated from near a seven-month high Tuesday after weaker-than-expected January U.S. retail sales data curbed investors' appetite for risky assets.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20120214/bs_nm/us_markets_stocks"><img src="http://d.yimg.com/a/p/rids/20120214/i/r2521205839.jpg?x=130&y=86&q=85&sig=0UVDsvF8uXsZnRBS8o0PHA--" align="left" height="86" width="130" alt="photo" title="Traders work on the floor of the New York Stock Exchange February 7, 2012. REUTERS/Brendan McDermid" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20120214/bs_nm/us_usa_economy nm/20120214/us_usa_economy Reuters business Tue, 14 Feb 2012 15:08:26 GMT Reuters - Retail sales rose less than expected in January as consumers cut back on car purchases, but a rebound in an underlying sales gauge suggested a solid underpinning for the economy's recovery. http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20120214/bs_nm/us_ratings_europe nm/20120214/us_ratings_europe Reuters business Tue, 14 Feb 2012 14:24:41 GMT Reuters - Rating agency Moody's warned it may cut the triple-A ratings of France, Britain and Austria and it downgraded six other European nations including Italy, Spain and Portugal, citing growing risks from Europe's debt crisis. http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20120214/bs_nm/us_michaelkors nm/20120214/us_michaelkors Reuters business Tue, 14 Feb 2012 14:45:52 GMT Reuters - Michael Kors Holdings Ltd reported higher quarterly results, helped by strong demand for its namesake luxury brand, sending shares of the designer apparel and accessory company up 23 percent. http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20120214/bs_nm/us_usa_economy_geithner nm/20120214/us_usa_economy_geithner Reuters business Tue, 14 Feb 2012 15:01:08 GMT Reuters - Treasury Secretary Timothy Geithner warned on Tuesday that Europe's debt problems along with the slowdown in other major economies present "potential impediments" to U.S. growth. http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20120213/ap_on_bi_ge/us_investing_homebuilders_stocks ap/20120213/us_investing_homebuilders_stocks AP business Mon, 13 Feb 2012 21:33:13 GMT AP - The housing market recovery hasn't taken off yet, but a rally in its stocks sure has. The Standard & Poor's homebuilders index is up 60 percent since October. http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20120214/ap_on_bi_ge/eu_britain_economy ap/20120214/eu_britain_economy AP business Tue, 14 Feb 2012 10:30:06 GMT AP - Britain's inflation rate fell to 3.6 percent in the year to January from 4.2 percent the previous month, official figures showed Tuesday, to the likely relief of cash-strapped households which have seen muted pay increases more than eaten up by rising prices. http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20120214/ap_on_bi_ge/us_earns_avon_products ap/20120214/us_earns_avon_products AP business Tue, 14 Feb 2012 13:50:35 GMT AP - Avon Products Inc. posted a fourth-quarter net loss as sales slumped, costs rose and the beauty products company marked down the value of a silver jewelry company it acquired in 2010. http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20120214/ap_on_bi_ge/eu_europe_financial_crisis ap/20120214/eu_europe_financial_crisis AP business Tue, 14 Feb 2012 15:06:20 GMT AP - Greece's international creditors spelled out the spending cuts and reforms that Athens has to put into practise before it can receive vital bailout cash, according to a draft document obtained by The Associated Press on Tuesday. http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20120213/ap_on_bi_ge/us_bear_stearns_settlement ap/20120213/us_bear_stearns_settlement AP business Mon, 13 Feb 2012 22:37:39 GMT AP - Two former Bear Stearns executives reached settlements Monday with federal regulators over civil charges they mislead investors about risky mortgage securities when the housing market was collapsing. http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20120214/ap_on_bi_ge/eu_europe_financial_crisis_glance ap/20120214/eu_europe_financial_crisis_glance AP business Tue, 14 Feb 2012 13:25:07 GMT AP - Greece's international creditors have spelled out the austerity measures promised by Athens that have to be put into practice before it can receive new bailout cash, totaling more than euro2.5 billion ($3.31 billion). http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20120212/bs_nm/us_energy_gasoline_retail nm/20120212/us_energy_gasoline_retail Reuters business Sun, 12 Feb 2012 20:34:25 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20120212/bs_nm/us_energy_gasoline_retail"><img src="http://d.yimg.com/a/p/rids/20120210/i/r395431447.jpg?x=130&y=86&q=85&sig=wTZXDNrxG79wytxwzpsJ.g--" align="left" height="86" width="130" alt="Pipelines in a Galp Energia refinery is seen near Sines February 10, 2012. Portuguese fuel and oil company Galp Energia posted a higher-than-expected fourth-quarter net profit that doubled from a year earlier as higher crude prices and volumes of natural gas sold offset a steep fall in refining margins. Galp, which is largely a refiner and a fledgling crude producer, said on Friday it expected refining margins to recover this quarter while gas volumes should also increase. REUTERS/Rafael Marchante (PORTUGAL - Tags: BUSINESS ENERGY)" border="0" /></a>Reuters - The average price for a gallon of gasoline in the United States rose nearly 12 cents in the past three weeks to about $3.51, due in part to higher prices for North Sea crude oil, according to the nationwide Lundberg Survey.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20120212/bs_nm/us_energy_gasoline_retail"><img src="http://d.yimg.com/a/p/rids/20120210/i/r395431447.jpg?x=130&y=86&q=85&sig=wTZXDNrxG79wytxwzpsJ.g--" align="left" height="86" width="130" alt="photo" title="Pipelines in a Galp Energia refinery is seen near Sines February 10, 2012. Portuguese fuel and oil company Galp Energia posted a higher-than-expected fourth-quarter net profit that doubled from a year earlier as higher crude prices and volumes of natural gas sold offset a steep fall in refining margins. Galp, which is largely a refiner and a fledgling crude producer, said on Friday it expected refining margins to recover this quarter while gas volumes should also increase. REUTERS/Rafael Marchante (PORTUGAL - Tags: BUSINESS ENERGY)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20120213/ap_on_el_pr/us_romney_secret_bundlers ap/20120213/us_romney_secret_bundlers AP business Mon, 13 Feb 2012 23:00:55 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20120213/ap_on_el_pr/us_romney_secret_bundlers"><img src="http://d.yimg.com/a/p/ap/20120213/capt.9767aac18d394273b301b820e7a7a181-9767aac18d394273b301b820e7a7a181-0.jpg?x=99&y=130&q=85&sig=yN8WAe3vlPZD_cVtvhpFzA--" align="left" height="130" width="99" alt="FILE - In this Feb. 10, 2012 file photo, Republican presidential candidate Mitt Romney speaks in Portland, Maine. Romney accepted nearly $280,000 in contributions raised by a former lobbyist for Fannie Mae, despite the GOP candidate's blistering criticism of the mortgage giant. Romney and other Republicans haven't identified other so-called fundraising “bundlers,” leaving voters in the dark about who their campaigns are indebted to. (AP Photo/Robert F. Bukaty, File)" border="0" /></a>AP - Despite criticism of Fannie Mae by Republican presidential candidate Mitt Romney, his campaign accepted nearly $280,000 in donations raised by a registered lobbyist who once represented the government mortgage giant and whose clients now include a private equity firm and the drug company Pfizer.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20120213/ap_on_el_pr/us_romney_secret_bundlers"><img src="http://d.yimg.com/a/p/ap/20120213/capt.9767aac18d394273b301b820e7a7a181-9767aac18d394273b301b820e7a7a181-0.jpg?x=99&y=130&q=85&sig=yN8WAe3vlPZD_cVtvhpFzA--" align="left" height="130" width="99" alt="photo" title="FILE - In this Feb. 10, 2012 file photo, Republican presidential candidate Mitt Romney speaks in Portland, Maine. Romney accepted nearly $280,000 in contributions raised by a former lobbyist for Fannie Mae, despite the GOP candidate's blistering criticism of the mortgage giant. Romney and other Republicans haven't identified other so-called fundraising “bundlers,” leaving voters in the dark about who their campaigns are indebted to. (AP Photo/Robert F. Bukaty, File)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20120214/ap_on_bi_ge/oil_prices ap/20120214/oil_prices AP business Tue, 14 Feb 2012 09:41:32 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20120214/ap_on_bi_ge/oil_prices"><img src="http://d.yimg.com/a/p/rids/20120214/i/r1676787409.jpg?x=130&y=78&q=85&sig=Kx4_caOmdgGR47exmdWYNA--" align="left" height="78" width="130" alt="A worker checks the valve gears in a natural gas control centre of Turkey's Petroleum and Pipeline Corporation, 35 km (22 miles) west of Ankara, February 14, 2012. REUTERS/Umit Bektas (TURKEY - Tags: BUSINESS ENERGY)" border="0" /></a>AP - Oil prices hovered below $101 a barrel Tuesday in Asia ahead of U.S. crude supply figures that will provide clues about the strength of demand.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20120214/ap_on_bi_ge/oil_prices"><img src="http://d.yimg.com/a/p/rids/20120214/i/r1676787409.jpg?x=130&y=78&q=85&sig=Kx4_caOmdgGR47exmdWYNA--" align="left" height="78" width="130" alt="photo" title="A worker checks the valve gears in a natural gas control centre of Turkey's Petroleum and Pipeline Corporation, 35 km (22 miles) west of Ankara, February 14, 2012. REUTERS/Umit Bektas (TURKEY - Tags: BUSINESS ENERGY)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20120214/ap_on_go_pr_wh/us_obama ap/20120214/us_obama AP business Tue, 14 Feb 2012 13:26:12 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20120214/ap_on_go_pr_wh/us_obama"><img src="http://d.yimg.com/a/p/ap/20120213/capt.13c26aa761cb4c4f814a4f0d86f42573-13c26aa761cb4c4f814a4f0d86f42573-0.jpg?x=130&y=89&q=85&sig=OPK6u5Z8PcfA8yLHS.lyDQ--" align="left" height="89" width="130" alt="President Barack Obama greets members of the audience after speaking about his fiscal 2013 federal budget and his education initiatives, Monday, Feb. 13, 2012, at Northern Virginia Community College in Annandale, Va. (AP Photo/Susan Walsh)" border="0" /></a>AP - President Barack Obama is turning to the American people for help in pushing Congress to extend a payroll tax cut due to expire at the end of February.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20120214/ap_on_go_pr_wh/us_obama"><img src="http://d.yimg.com/a/p/ap/20120213/capt.13c26aa761cb4c4f814a4f0d86f42573-13c26aa761cb4c4f814a4f0d86f42573-0.jpg?x=130&y=89&q=85&sig=OPK6u5Z8PcfA8yLHS.lyDQ--" align="left" height="89" width="130" alt="photo" title="President Barack Obama greets members of the audience after speaking about his fiscal 2013 federal budget and his education initiatives, Monday, Feb. 13, 2012, at Northern Virginia Community College in Annandale, Va. (AP Photo/Susan Walsh)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ac/20120213/pl_ac/10932936_chrysler_clint_eastwood_say_super_bowl_ad_isnt_political ac/20120213/10932936_chrysler_clint_eastwood_say_super_bowl_ad_isnt_political ContributorNetwork business Mon, 13 Feb 2012 23:30:52 GMT ContributorNetwork - Chrysler Group CEO Sergio Marchionne defended the auto company's "It's Halftime in America" commercial during the Super Bowl featuring Clint Eastwood talking up Detroit. The ad slot stirred up debate for being a political statement, but Marchionne says it wasn't that, MLive reports. Here are details about Chrysler's ad.