Major companies tentatively scheduled to report quarterly earnings next week: Monday: CINCINNATI _ The E.W. Scripps Co. releases first-quarter financial results. OVERLAND PARK, Kan. _ Sprint Nextel Corp. releases first-quarter financial results. SPRINGDALE,…

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Earnings schedule for week of 05/04/09

The University of California, Santa Barbara, is investigating allegations of improper conduct and anti-Semitism against a Jewish professor who compared Israel’s treatment of Palestinians to the Holocaust. Sociology professor William I. Robinson sent an e-mail…

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UCSB prof probed after comparing Israel to Nazis

Chrysler’s bankruptcy is testing Wall Street’s resilience. After rising sharply in early trading Thursday, the Dow Jones industrial average pared its gains and traded up about 17 points after President Barack Obama confirmed that Chrysler LLC will be going…

Stocks pare gains after Chrysler bankruptcy news

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Japan’s Export Rebound

WASHINGTON (Reuters) – The number of U.S. workers filing new claims for unemployment aid fell unexpectedly last week, suggesting the pace of layoffs was easing, even as benefit rolls in mid-April swelled to another record high.

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Jobless claims fall, but incomes and spending ease

NEW YORK (Reuters) – The Nasdaq rose on Thursday while the Dow industrials and S&P 500 declined as upbeat corporate profits and reassuring job market data offset investors’ anxiety about Chrysler’s bankruptcy filing.

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Nasdaq up, but Chrysler hits Dow and S&P

DETROIT/WASHINGTON (Reuters) – Chrysler LLC filed for bankruptcy on Thursday after talks to restructure its debt with lenders broke down.

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Chrysler files for bankruptcy

NEW YORK (Reuters) – Oil fell on Thursday as rising inventories and Chrysler’s bankruptcy filing weighed on markets.

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Oil falls as Chrysler weighs on markets

DETROIT — Chrysler CEO Robert Nardelli says he will step down after the company emerges from bankruptcy protection. President Barack Obama announced today that the automaker would file for Chapter 11 after the government could not reach a debt-reduction agreement…

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Chrysler’s CEO says he’ll leave after bankruptcy

NEW YORK (Reuters) – Cell phone maker Motorola Inc posted a smaller-than-expected quarterly loss thanks to cost cuts that helped offset a sharp drop in cellphone sales.

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Motorola posts loss, investors concerned about cash

DETROIT/WASHINGTON (Reuters) – Chrysler LLC will file for bankruptcy on Thursday after talks to restructure its debt with lenders broke down, U.S. President Barack Obama said on Thursday.

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Obama confirms Chrysler to file for bankruptcy

Kansas City Southern on Thursday said it lost money in its fiscal first quarter as the struggling global economy reduced the size and number of railroad shipments. However, the Kansas City-based company said it was able to offset some of the decline with a 19…

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KC Southern reports 1Q loss

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Battle Heats Up on Hedge Fund Rules

Detroit Red Wings forward Kris Draper says he will miss Games 1 and 2 against the Anaheim Ducks. Draper said Thursday his upper-body injury will be evaluated later this week. He did not play in the first round against the Columbus Blue Jackets. Draper’s plus-…

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Red Wings’ Draper out for Games 1-2 against Ducks

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VW Usurps Daimler’s Automaker Throne