Oil companies have begun to pump more petroleum and bring in more profits as they recover from an otherwise miserable year. None of the world’s biggest producers, however, see a quick return to boom times of last year. America’s thirst…

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Oil firms looking for a boom, production is up

NEW YORK (Reuters) – U.S. stock index futures dipped on Friday, a day after the market logged its best percentage gain in three months, as investors await data that will shed light on consumer sentiment.

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Futures dip after best day in 3 months

(10-30) 04:38 PDT NEW YORK, (AP) — Stocks are headed for a moderate decline Friday, erasing some of the big gains racked up a day earlier after the government said the economy grew more than expected in the third quarter. Overseas markets…

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Associated Press – Business – Government – NEW YORK – Investing

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Stock futures point to modestly lower opening

Q: When Provident Mutual demutualized, my wife and I, who are policyholders, were sent $12,000. The checks included IRS information, including a statement that a Court of Federal Claims ruling (Fischer vs. U.S.) disputes the IRS position that the cost…

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IRS appeal leaves taxpayer in limbo

Economist and writer Katerina Alexandraki has launched a creative idea for easing the housing crunch this holiday season. She’s asking Wall Streeters getting big bonuses to contribute them to folks in danger of losing their homes. Wall Streeters are expected to get a lot of heat this bonus season, …

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Should Bankers Give Bonuses to the Homeless?

Economist and writer Katerina Alexandraki has launched a creative idea for easing the housing crunch this holiday season. She’s asking Wall Streeters getting big bonuses to contribute them to folks in danger of losing their homes. Wall Streeters are expected to get a lot of heat this bonus season, …

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Should Wall Streeters Give Their Bonuses to the Homeless?

(10-30) 04:17 PDT TOKYO, Japan (AP) — Brandname Japanese technology companies, including Nintendo, reported dismal earnings Thursday with Sharp emerging an exception in doubling profits on brisk sales of flat-panel TVs in China, Japan and the U.S.</…

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Japan – China – Asia – Nintendo – United States

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Nintendo profit dives, others in red amid slump

(10-30) 04:16 PDT BRUSSELS, Belgium (AP) — Iran must stick by a deal that would limit its uranium enrichment if it wants to improve relations with the European Union, EU leaders said Friday. Western diplomats said this week Tehran had…

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European Union – Iran – Enriched uranium – Belgium – Government

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EU says Iran must stick by uranium limitation deal

(10-30) 04:14 PDT WASHINGTON (AP) — Internal investigations into the conduct of several House members have been exposed in an extraordinary, Internet-era breach of security involving the secretive process by which Congress polices lawmaker ethics.</…

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Ethics – United States Congress – Associated Press – Congress – Philosophy

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Ethics report leaked, discloses internal probes

Congress is a step closer to extending the $8,000 first-time homebuyer tax credit and offering a new credit to other types of buyers, but some analysts are downplaying the controversial stimulus’ effect on the housing market. Fox-Pitt Kelton analyst Robert…

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Analysts are divided on homebuyer credit’s likely extension

TOKYO/SEOUL (Reuters) – Samsung Electronics and Panasonic gave a robust outlook on improving demand and cost cuts, fuelling hopes a recovery in the global tech sector will outlive the pre-Christmas shopping season.

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Samsung, Panasonic signal tech industry upturn

APTrader Albert Young works on the floor of the New York Stock Exchange.NEW YORK — Stocks are headed for a modest decline today, erasing some of the big gains racked up a day earlier after the government said the economy…

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Wall Street expects opening pullback from Thursday’s gains

(10-30) 03:52 PDT BRUSSELS, Belgium (AP) — Inflation in the 16 nations that use the euro remained negative for a fifth consecutive month in October while unemployment continued to rise, the EU statistics agency said Friday, suggesting the region’s…

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European Union – Belgium – Unemployment – Inflation – EU

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Euro inflation stays negative, unemployment rises

(10-30) 03:45 PDT LONDON, United Kingdom (AP) — European stock markets showed little movement Friday after strong gains the day before on U.S. data revealing the world’s largest economy had broken out of a yearlong slump. In morning trading,…

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Thailand – Economy of the United States – Stock market – Asia – US

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End-of-week calm descends on European markets

PARIS (Reuters) – Sanofi-Aventis raised its outlook for 2009 thanks to sales of swine flu vaccine and posted earnings per share growth that beat forecasts as competition from generics was offset by revenue growth for other drugs.

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Sanofi lifts forecast on swine flu vaccine