NEW YORK (Reuters) – Chevron Corp posted a 51 percent drop in quarterly profit on Friday, the latest oil giant to be hit by the steep decline in oil and natural gas prices and the anemic margins for refineries.
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Chevron profit hit by oil, refinery weakness
NEW YORK (Reuters) – U.S. consumer sentiment slipped this month as Americans worried about their personal finances and focused on paying down debts, though confidence in a national recovery remained high, a survey showed on Friday.
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Consumer sentiment slips in October: survey
(10-30) 06:39 PDT NEW YORK, (AP) — The Washington Post Co. reported a 69 percent jump in third-quarter profit Friday as its newspapers trimmed their losses and its cable TV and education divisions held steady. The company, which owns…
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Washington Post – Newspaper – United States – NEW YORK – Associated Press
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Washington Post reports jump in 3Q profit
(10-30) 06:29 PDT NEW YORK, (AP) — YRC Worldwide said Friday it lost money in the third quarter, but the financially fragile trucking company is still working with lenders to stay out of bankruptcy. The company said it is currently in…
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Bankruptcy – Associated Press – NEW YORK – Truck driver – Law
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Trucker YRC Worldwide posts big 3Q loss
(10-30) 06:26 PDT (AP) — Oil prices traded down at just over $79 a barrel Friday as the strengthening U.S. dollar outweighed news that the U.S. economy had snapped four straight quarters of contraction, suggesting demand for crude will improve….
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Asia – Economy of the United States – US – Benchmark – Business
WASHINGTON (Reuters) – U.S. consumer spending fell in September after four months of gains as a government program to boost auto purchases ended, adding to fears that economic growth could stumble without government support.
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Spending drop raises concerns about growth
NEW YORK (Reuters) – Chevron Corp posted a 51 percent drop in quarterly profit on Friday, the latest oil giant to be hit by the steep decline in oil and natural gas prices and the anemic margins for refineries.
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Chevron Q3 profit hit by oil, refinery weakness
NEW YORK (Reuters) – Wall Street was looking at a weak open on Friday, a day after the market logged its best gain in three months, as investors await data that will shed light on consumer sentiment and Midwest business activity.
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Wall St set for weak open after best day in 3 months
LONDON/NEW YORK (Reuters) – Cost-cutting helped NYSE Euronext beat earnings expectations, and the transatlantic exchange operator announced the sale of a big stake in its U.S. derivatives exchange.
(10-30) 06:12 PDT Calhoun, Ga. (AP) — Floor covering maker Mohawk Industries Inc. reported a profit for its third-quarter as its efforts to cut or control costs offset a decline in revenue. The performance was a marked reveresal from a loss…
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Mohawk Industries – Associated Press – Business – United States – Counties
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Mohawk posts 3Q profit after year-earlier loss
(10-30) 06:10 PDT WASHINGTON (AP) — Internal investigations into the conduct of over two dozen House members have been exposed in an extraordinary, Internet-era breach of security involving the secretive process by which Congress polices lawmaker…
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Ethics – United States Congress – Associated Press – Congress – Philosophy
(10-30) 06:07 PDT TOKYO, Japan (AP) — Asia’s technology giants are showing mixed signs of recovery, with Japan’s electronics makers set to languish in the red this year while South Korean companies rebound sharply from a global industry slump. <…
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Japan – Asia – South Korea – TOKYO – Technology
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Japan tech giants slump as SKorean rivals rebound
WASHINGTON (Reuters) – U.S. consumer spending fell in September for the first time in five months as the boost from a government auto incentive faded, data showed on Friday, adding to fears that consumers may be pulling back as they head into the last quarter of the year.
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Personal spending falls 0.5 percent in September
I had quite an adventure at Rite Aid this past weekend. I clipped hundreds ā Iām serious, hundreds ā of coupons from the Sunday newspapers in recent weeks and sorted them into 12 envelopes. My goal was to save a…
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The more coupons, the merrier your wallet
NEW YORK (Reuters) – Goldman Sachs Group plans to trim the rescue loan it arranged for CIT Group Inc by $875 million to $2.125 billion, CIT said on Friday.
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Goldman trims CIT loan to $2.125 billion