U.S. stocks fell for a second day amid growing concern lawmakers will limit trading at banks and speculation that China will restrict economic growth to curb inflation.

See the rest here:
U.S. Stocks Fall on Concerns Over Banking Rules, China Economy

Two iconic American clothing labels _ preppy Tommy Hilfiger and classic Calvin Klein _ are coming together under one roof after Phillips-Van Heusen said it will purchase Tommy Hilfiger for about $3 billion in cash and stock. The deal adds a prominent brand to…

Phillips-Van Heusen – Tommy Hilfiger – Business – Apax Partners – Calvin Klein

Read the original here:
Calvin Klein parent to buy Tommy Hilfiger for $3B

Goldman Sachs Group Inc. and JPMorgan Chase & Co., two of the biggest traders of over-the- counter derivatives, are exploiting their growing clout in that market to secure cheap funding in addition to billions in revenue from the business.

See more here:
Goldman Sachs Demands Collateral It Won’t Dish Out (Update1)

Target-date funds did better than other mutual funds in retirement plans and continue to attract investments, Morningstar, the Chicago-based equity-market researcher, said today.

View original post here:
Target-Date Funds Outperform Peers, Morningstar Says (Correct)

Democrats say they are poised to move forward with legislation calling for the broadest changes to U.S. health care in more than four decades after a year of partisan wrangling and missed deadlines.

Read more from the original source:
Obama Pushes Ahead on Health Care in Face of Hurdles (Update1)

Oil prices tumbled to near $79 a barrel Monday, dragged down by a stronger dollar and increasing investor concerns about energy demand. Energy prices fell across the board, with benchmark crude contracts for April delivery sliding $1.65 to $79.59 a barrel on…

International Energy Agency – Developed country – Business – Economic – Energy

Go here to read the rest:
Oil falls near $79 on US crude demand worries

Consol Energy Inc. said Monday it agreed to buy Dominion Resources Inc.’s Appalachian exploration and production business for $3.475 billion, substantially increasing its natural gas reserves and production capacity. The deal will give the coal and natural…

Consol Energy – Business – Energy – Dominion Resources – Technology

The rest is here:
Consol Energy to buy Dominion’s drilling business

Police are escorting truck convoys carrying sandbags into the lowest areas of Fargo, N.D. because the Red River is rising rapidly. The river in eastern North Dakota and western Minnesota is expected to crest on Saturday about 20 feet above flood stage and 3…

North Dakota – Minnesota – Red River of the North – Flood – Fargo

Excerpted from:
Sandbag delivery begins ahead of floods in Fargo

David Beckham checked into a hospital Monday for surgery on his torn left Achilles’ tendon, hoping for a “swift and full recovery” from an injury that will keep him out of the World Cup. Beckham left a private jet on crutches at Turku airport and was whisked…

AC Milan – David Beckham – World Cup – Achilles tendon – sport

Read the rest here:
David Beckham arrives in Finland for surgery

A Grand Island manufacturer of biodegradable clothes hangers, golf tees, guitar picks and other items has filed for Chapter 11 bankruptcy protection. The Wheatware products of Midwest Manufacturing Co. Inc. had been featured as one of the “Modern Marvels” on…

Chapter 11 Title 11 United States Code – Guitar – Manufacturing – Modern Marvels – Business

Maker of Wheatware products files for bankruptcy

World stock markets and the euro fell Monday as investors awaited confirmation from a meeting of European finance ministers of a rescue package for debt-laden Greece. In Europe, the FTSE 100 index of leading British shares was down 21.42 points, or 0.4…

Economy of the United States – Price of petroleum – Business – Asia – Stocks and Bonds

Read the original post:
World stocks down as markets await Greek aid news

Mobile-phone companies may be the biggest winners from a U.S. plan for more high-speed Internet service

The rest is here:
FCC Winners: AT&T, Verizon, Google

Industrial production edged up 0.1 percent in February, beating expectations and marking the eighth straight monthly increase. The manufacturing sector _ for months a rare bright spot in the economy _ produced less due to winter storms but is expected to…

Federal Reserve System – Manufacturing – Economy – Economic – Social Sciences

Excerpted from:
Industrial production rises 0.1 percent in Feb.

WASHINGTON (Reuters) – A bipartisan group of 130 U.S. lawmakers on Monday urged top Obama administration officials to take immediate action to address China’s “currency manipulation.”

Continued here:
Lawmakers press for action on China currency

Aristide Economopoulos/The Star-LedgerFile photo of a Merck stockholders’ meeting held at Raritan Valley Community College in Branchburg, April 28, 2009. Merck & Co. and Portola Pharmaceuticals Inc.’s experimental anti-clotting drug betrixaban caused less bleeding than an older treatment in people…

See the rest here:

• On Mar 15, 2010
• Posted by .
• There are 0 Comments
• and it is filed under: business