Daily news

Daily Business news, Financial news & World news

The Federal Reserve cut a key interest rate by a quarter-point Wednesday, a smaller move than the aggressive easing it undertook earlier this year. There were signs the Fed may believe it has done enough to prevent a deep recession. The Fed action, after a…

More here:
Fed cuts key rate by a quarter-point

  • There are Comments Off
  • and it is filed under: Uncategorized

Wall Street gave up sharp gains and closed lower Wednesday after the Federal Reserve cut interest rates by a quarter point but left investors guessing about the central bank’s next move. The Dow Jones industrial average, momentarily soaring above 13,000…

See the original post here:
Markets react to Fed by slumping

  • There are Comments Off
  • and it is filed under: Uncategorized

NEW YORK (Reuters) – Stocks closed lower on Wednesday after the Federal Reserve trimmed interest rates as expected but left the outlook for further cuts unclear, prompting investors to lock in profits.

More here:
Market ends lower with outlook for rates unclear

  • There are Comments Off
  • and it is filed under: Uncategorized

The Federal Reserve has cut a key interest rate by a quarter-point, a smaller move than the aggressive easing it undertook earlier this year. The Fed action, announced Wednesday after a two-day regular meeting, pushed the federal funds rate down to 2 percent,…

Read more here:
Federal Reserve cuts key interest rate by quarter-point

  • There are Comments Off
  • and it is filed under: Uncategorized

CHICAGO (Reuters) – Kellogg Co , the world’s largest breakfast cereal maker, posted higher-than expected profits on Wednesday as price increases helped offset soaring commodity costs.

Read more from the original source:
Kellogg earnings beat estimates but stock dips

  • There are Comments Off
  • and it is filed under: Uncategorized

LOS ANGELES (Reuters) – Starbucks Corp on Wednesday reported a 28 percent drop in quarterly profit, a week after it warned on weak results from its key California and Florida markets and forecast its first annual earnings drop since 2000.

The rest is here:
Starbucks profit falls as consumer weakens

  • There are Comments Off
  • and it is filed under: Uncategorized

WASHINGTON (Reuters) – The Federal Reserve lowered a key U.S. interest rate by a modest quarter percentage point on Wednesday and hinted the move could be the last in a series dating to mid-September.

Go here to see the original:
Fed lowers rates, hints cuts may be at end

  • There are Comments Off
  • and it is filed under: Uncategorized

Wall Street has given up a big gain and closed lower after the Federal Reserve cut interest rates by a quarter point but left investors guessing about its next move. The Dow Jones industrial average, momentarily soaring above 13,000 for the first time since…

Read more from the original source:
Stocks lower with investors flummoxed over Fed

  • There are Comments Off
  • and it is filed under: Uncategorized

Owners of Wii game consoles from Nintendo Co. have always enjoyed the freedom its motion-sensing games offer, but the wire between the remote and the nunchuk needed for some games could limit movement. Video game accessory maker Nyko Technologies Inc. on…

More:
Variety grows in accessories for Nintendo’s Wii console

  • There are Comments Off
  • and it is filed under: Uncategorized

Google Inc.’s once-austere Web site is turning into an eclectic art gallery. Hoping to spur more customization of its home page, the Internet search leader has unveiled a lineup of colorful graphics dreamed up by a mix of creative souls, ranging from fashion…

Excerpt from:
Google unveils eclectic mix of designs by prominent artists

  • There are Comments Off
  • and it is filed under: Uncategorized

A new industry promises to help counter negative search results on the Web. Hiring one of these fixers may make nasty comments go away

Here is the original post:
Do Reputation Management Services Work?

  • There are Comments Off
  • and it is filed under: Uncategorized

Britain is heading to the polls in local elections Thursday amid union unrest, falling housing prices and layoffs in London’s financial district _ the first real electoral test for Prime Minister Gordon Brown. With no general election expected until 2009 or…

Read the original post:
Brown faces first electoral test; London picks a mayor

  • There are Comments Off
  • and it is filed under: Uncategorized

Premier Match CEO Christie Nightingale discusses establishing and growing her business during two periods of economic weakness

See the original post:
Video: Matchmaking Mission

  • There are Comments Off
  • and it is filed under: Uncategorized

Entrepreneurs are great idea people. But some small companies pursue so many trends, products, and strategies that they lose focus on their core competency, says Andrew Graham, head of Kepner-Tregoe, a consulting and training services firm in Princeton, N.J.

Excerpted from:
Podcast: You Can Have Too Many Great Ideas

  • There are Comments Off
  • and it is filed under: Uncategorized

Civilians deployed to war zones often encounter problems receiving medical treatment and are hesitant to seek help for emotional stress caused by their deployment, a new congressional report finds. Federal policies on the treatment of nonmilitary personnel _…

Read more:
Deployed civilians face hurdles in getting medical treatment

  • There are Comments Off
  • and it is filed under: Uncategorized