Copyright (c) 2009 Yahoo! Inc. All rights reserved. http://news.yahoo.com/i/1885 business Business en-us Sat, 07 Nov 2009 20:51:01 GMT 5 142 18 http://news.yahoo.com/i/1885 http://l.yimg.com/a/i/us/nws/th/main_142b.gif http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20091106/bs_nm/us_column_stocks_outlook nm/20091106/us_column_stocks_outlook Reuters business Fri, 06 Nov 2009 23:59:07 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20091106/bs_nm/us_column_stocks_outlook"><img src="http://d.yimg.com/a/p/afp/20091107/capt.photo_1257614491875-1-0.jpg?x=130&y=86&q=85&sig=2UB009iAXvIZd.m5uzhjqQ--" align="left" height="86" width="130" alt="Traders work on the floor of the New York Stock Exchange moments before the closing bell on November 5. Wall Street's gravity-defying rally found new life over the past week, providing optimism for investors heading into what has historically been one of the best periods of the year.(AFP/Getty Images/File/Spencer Platt)" border="0" /></a>Reuters - As unemployment in the United States edges above 10 percent, anxious investors will look to earnings reports from major retailers for signs of life in the beaten-up consumer.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20091106/bs_nm/us_column_stocks_outlook"><img src="http://d.yimg.com/a/p/afp/20091107/capt.photo_1257614491875-1-0.jpg?x=130&y=86&q=85&sig=2UB009iAXvIZd.m5uzhjqQ--" align="left" height="86" width="130" alt="photo" title="Traders work on the floor of the New York Stock Exchange moments before the closing bell on November 5. Wall Street's gravity-defying rally found new life over the past week, providing optimism for investors heading into what has historically been one of the best periods of the year.(AFP/Getty Images/File/Spencer Platt)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20091107/bs_nm/us_g20_geithner nm/20091107/us_g20_geithner Reuters business Sat, 07 Nov 2009 19:52:36 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20091107/bs_nm/us_g20_geithner"><img src="http://d.yimg.com/a/p/rids/20091107/i/r4117273305.jpg?x=107&y=130&q=85&sig=_9xjyj1CARSUG2GIFQu9aQ--" align="left" height="130" width="107" alt="Britain's Chancellor of the Exchequer Alistair Darling (R) chats with U.S. Treasury Secretary Timothy Geithner as they gather for the family photo at the G20 Finance Ministers meeting at a hotel in St. Andrews, Scotland, November 7, 2009. REUTERS/Andrew Winning" border="0" /></a>Reuters - Treasury Secretary Timothy Geithner on Saturday stressed the necessity of keeping global economic stimulus in place until recovery is assured and opposed the utility of a tax on financial transactions as a way to dampen risky bank behavior.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20091107/bs_nm/us_g20_geithner"><img src="http://d.yimg.com/a/p/rids/20091107/i/r4117273305.jpg?x=107&y=130&q=85&sig=_9xjyj1CARSUG2GIFQu9aQ--" align="left" height="130" width="107" alt="photo" title="Britain's Chancellor of the Exchequer Alistair Darling (R) chats with U.S. Treasury Secretary Timothy Geithner as they gather for the family photo at the G20 Finance Ministers meeting at a hotel in St. Andrews, Scotland, November 7, 2009. REUTERS/Andrew Winning" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20091107/bs_nm/us_g20_brown_tax nm/20091107/us_g20_brown_tax Reuters business Sat, 07 Nov 2009 18:44:03 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20091107/bs_nm/us_g20_brown_tax"><img src="http://d.yimg.com/a/p/rids/20091107/i/r621949366.jpg?x=93&y=130&q=85&sig=etpG1WPIZdWeqATq3I5JCA--" align="left" height="130" width="93" alt="Britain's Prime Minister Gordon Brown gestures during his speech on Afghanistan at the Royal College of Defence Studies in London November 6, 2009. REUTERS/Oli Scarff/Pool" border="0" /></a>Reuters - Britain urged world governments on Saturday to consider a levy on banks to fund future bailouts, departing from long-held opposition, though there was little sign of the consensus needed to make it fly.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20091107/bs_nm/us_g20_brown_tax"><img src="http://d.yimg.com/a/p/rids/20091107/i/r621949366.jpg?x=93&y=130&q=85&sig=etpG1WPIZdWeqATq3I5JCA--" align="left" height="130" width="93" alt="photo" title="Britain's Prime Minister Gordon Brown gestures during his speech on Afghanistan at the Royal College of Defence Studies in London November 6, 2009. REUTERS/Oli Scarff/Pool" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20091107/bs_nm/us_rusal_ipo nm/20091107/us_rusal_ipo Reuters business Sat, 07 Nov 2009 19:45:54 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20091107/bs_nm/us_rusal_ipo"><img src="http://d.yimg.com/a/p/rids/20091107/i/r273920962.jpg?x=130&y=102&q=85&sig=RHShRvjVpZZNvYPZnMeYsg--" align="left" height="102" width="130" alt="Russian tycoon Oleg Deripaska speaks during an economic conference in Moscow February 11, 2009. REUTERS/Alexander Natruskin" border="0" /></a>Reuters - Wall Street firms are in a quandary about getting involved with a planned public offering of Russian aluminum producer UC RUSAL because its founder has been barred from getting a U.S. visa on account of allegations that he is connected to organized crime, the Wall Street Journal reported on Saturday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20091107/bs_nm/us_rusal_ipo"><img src="http://d.yimg.com/a/p/rids/20091107/i/r273920962.jpg?x=130&y=102&q=85&sig=RHShRvjVpZZNvYPZnMeYsg--" align="left" height="102" width="130" alt="photo" title="Russian tycoon Oleg Deripaska speaks during an economic conference in Moscow February 11, 2009. REUTERS/Alexander Natruskin" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20091107/bs_nm/us_freddiemac_results nm/20091107/us_freddiemac_results Reuters business Sat, 07 Nov 2009 00:00:47 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20091107/bs_nm/us_freddiemac_results"><img src="http://d.yimg.com/a/p/rids/20091106/i/r447035111.jpg?x=130&y=91&q=85&sig=DjkxIUKKVd_w3q6L3ZPKfg--" align="left" height="91" width="130" alt="A couple listens as a representative from Freddie Mac talks to them about a loan modification for their home at the National Urban League's Economic Empowerment Tour in Dallas, Texas June 13, 2009. REUTERS/Jessica Rinaldi" border="0" /></a>Reuters - Freddie Mac , the second largest provider of U.S. residential mortgage funding, on Friday posted a loss of $5 billion in the third quarter and predicted it would need more government support amid a "prolonged deterioration" in housing.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20091107/bs_nm/us_freddiemac_results"><img src="http://d.yimg.com/a/p/rids/20091106/i/r447035111.jpg?x=130&y=91&q=85&sig=DjkxIUKKVd_w3q6L3ZPKfg--" align="left" height="91" width="130" alt="photo" title="A couple listens as a representative from Freddie Mac talks to them about a loan modification for their home at the National Urban League's Economic Empowerment Tour in Dallas, Texas June 13, 2009. REUTERS/Jessica Rinaldi" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20091106/ap_on_bi_st_ma_re/us_wall_street ap/20091106/us_wall_street AP business Fri, 06 Nov 2009 23:10:08 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20091106/ap_on_bi_st_ma_re/us_wall_street"><img src="http://d.yimg.com/a/p/ap/20091106/capt.62fc73cedf2149bab81109f7df711e5c.wall_street_nybz160.jpg?x=130&y=81&q=85&sig=QhDlo3hTNaBinOc9BEJRrg--" align="left" height="81" width="130" alt="FILE - In the Nov, 6, 2008 file photo, people look through the windows of the Nasdaq MarketSite in New York. Stocks rose early Friday, Nov. 6, 2009, as investors shrugged off news that more jobs were lost in October than expected, pushing the unemployment rate above 10 percent for the first time since 1983.(AP Photo/Mark Lennihan, file)" border="0" /></a>AP - Investors undaunted by a surprisingly weak jobs report found enough positive news to nudge stocks higher Friday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20091106/ap_on_bi_st_ma_re/us_wall_street"><img src="http://d.yimg.com/a/p/ap/20091106/capt.62fc73cedf2149bab81109f7df711e5c.wall_street_nybz160.jpg?x=130&y=81&q=85&sig=QhDlo3hTNaBinOc9BEJRrg--" align="left" height="81" width="130" alt="photo" title="FILE - In the Nov, 6, 2008 file photo, people look through the windows of the Nasdaq MarketSite in New York. Stocks rose early Friday, Nov. 6, 2009, as investors shrugged off news that more jobs were lost in October than expected, pushing the unemployment rate above 10 percent for the first time since 1983.(AP Photo/Mark Lennihan, file)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20091107/ap_on_bi_ge/us_earns_freddie_mac ap/20091107/us_earns_freddie_mac AP business Sat, 07 Nov 2009 00:35:17 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20091107/ap_on_bi_ge/us_earns_freddie_mac"><img src="http://d.yimg.com/a/p/ap/20091107/capt.29eaf458e3f4437bb76aa007f49eb585.earns_freddie_mac__wx101.jpg?x=130&y=78&q=85&sig=.77z4px1OMkHMsKVfoZ_wA--" align="left" height="78" width="130" alt="FILE - In this July 13, 2008 file photo, the Freddie Mac's corporate offices are seen in McLean, Va. Freddie Mac says its losses narrowed to $6.3 billion in the third quarter and the company didn't need a federal cash infusion. (AP Photo/Pablo Martinez Monsivais, FILE)" border="0" /></a>AP - Freddie Mac's losses narrowed to $6.3 billion in the third quarter, but the government-controlled mortgage finance company didn't need a federal cash infusion.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20091107/ap_on_bi_ge/us_earns_freddie_mac"><img src="http://d.yimg.com/a/p/ap/20091107/capt.29eaf458e3f4437bb76aa007f49eb585.earns_freddie_mac__wx101.jpg?x=130&y=78&q=85&sig=.77z4px1OMkHMsKVfoZ_wA--" align="left" height="78" width="130" alt="photo" title="FILE - In this July 13, 2008 file photo, the Freddie Mac's corporate offices are seen in McLean, Va. Freddie Mac says its losses narrowed to $6.3 billion in the third quarter and the company didn't need a federal cash infusion. (AP Photo/Pablo Martinez Monsivais, FILE)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20091106/ap_on_bi_ge/us_bear_stearns_trial ap/20091106/us_bear_stearns_trial AP business Fri, 06 Nov 2009 22:48:50 GMT AP - Two former Bear Stearns hedge fund managers charged with lying to investors always were honest about the risks of investing in securities linked to the volatile subprime mortgage market, a defense lawyer told a jury on Friday. http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/afp/20091107/bs_afp/germanyeconomyretailcompanyarcandorkarstadt afp/20091107/germanyeconomyretailcompanyarcandorkarstadt AFP business Sat, 07 Nov 2009 20:51:01 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/afp/20091107/bs_afp/germanyeconomyretailcompanyarcandorkarstadt"><img src="http://d.yimg.com/a/p/afp/20091107/capt.photo_1257627039645-1-0.jpg?x=130&y=109&q=85&sig=xFClLO6KfMvOaycDvLBRvA--" align="left" height="109" width="130" alt="Two department stores of German retailers Karstadt and Kaufhof stand side-by-side in the southern German city of Trier. Employees of the embattled German department store chain Karstadt, owned by the insolvent retail group Arcandor, agreed Saturday to take salary cuts as part of a last-ditch effort to save their jobs.(AFP/DDP/File/Torsten Silz)" border="0" /></a>AFP - Employees of the embattled German department store chain Karstadt, owned by the insolvent retail group Arcandor, agreed Saturday to take salary cuts as part of a last-ditch effort to save their jobs.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/afp/20091107/bs_afp/germanyeconomyretailcompanyarcandorkarstadt"><img src="http://d.yimg.com/a/p/afp/20091107/capt.photo_1257627039645-1-0.jpg?x=130&y=109&q=85&sig=xFClLO6KfMvOaycDvLBRvA--" align="left" height="109" width="130" alt="photo" title="Two department stores of German retailers Karstadt and Kaufhof stand side-by-side in the southern German city of Trier. Employees of the embattled German department store chain Karstadt, owned by the insolvent retail group Arcandor, agreed Saturday to take salary cuts as part of a last-ditch effort to save their jobs.(AFP/DDP/File/Torsten Silz)" border="0"/></a></p><br clear="all"/> (AFP)