News aggregator

A former Lloyds boss who led the bank's disastrous takeover of HBOS, has been handed a new job with the Government, Sky News has learned.

President Obama has outlined his new budget plan which is set to leave the US with a record-breaking deficit of $1.56trn in 2010.

The UK's manufacturing industry has recorded the highest figures in 15 years after an increase in demand at home and abroad.

Europe's largest low-fare airline Ryanair has reported a third-quarter loss of £9.6m but raised its annual profits forecast.

HSBC has retained its place as the most valuable banking brand in the world.

MiamiHerald.com
Gannett reports profit after belt tightening
Bizjournals.com
Gannett Co. Inc. is reporting a fourth-quarter profit on the heels of cost cutting due to job cuts. Net income was $133.6 million, or 56 cents a share, compared with a loss of $4.71 billion, or $20.65 a share, last year. Revenue declined 14 percent to ...
Gannett Swings To Profit On Stabilizing Ad Declines, Cost CutsWall Street Journal
Gannett profit beats estimates on cost cutsReuters
Gannett Reports Fourth-Quarter Profit After Cutting Costs, JobsBusinessWeek
TheStreet.com -FOXBusiness -Editor & Publisher
all 219 news articles »

Washington Post
Toyota: Dealers Will Extend Their Hours To Complete Repairs
Wall Street Journal
DETROIT (Dow Jones)--Toyota Motor Corp. (TM, 7203.TO), struggling to repair its blemished image, on Monday said its dealers will go to "extraordinary measures" to fix accelerator pedals involved in the recall of ...
Toyota Sends Repair Kits to Dealers, Plans to Resume ProductionBusinessWeek
Toyota Finds A Fix For Faulty PedalsForbes
Toyota offers pedal fix, apologizes to ownersDetroit Free Press
Bizjournals.com -Los Angeles Times -FOXNews
all 1,837 news articles »

ICM Commercial & Business News
Shell, Brazil's Cosan May Share Control of Top Cane Processor
BusinessWeek
Feb. 1 (Bloomberg) -- Royal Dutch Shell Plc formed an ethanol venture with Cosan SA Industria & Comercio in Brazil, an accord that may give the oil company shared control of the world's largest sugar-cane processor. ...
Brazil's Bovespa Rises, Rebounds After Monthly Drop; Real GainsBloomberg
Shell and Brazil's Cosan Sign $12B Energy DealABC News
Cosan shares jump on new Shell joint ventureMarketWatch
CNNMoney.com -Wall Street Journal -24/7 Wall St. (blog)
all 180 news articles »

President Obama announces a budget plan which, despite cuts in some programmes, will see the US deficit rising to record levels.

The new boss of Marks and Spencer, Marc Bolland, will get nearly £8.5m when he starts work on 1 May.

Reuters
JAL to Decide on Partner Soon
Wall Street Journal
TOKYO—Japan Airlines Corp. could decide by mid-month whether it will select Delta Air Lines Inc. or rival AMR Corp.'s American Airlines as a partner, its new president said, but the carrier currently remains ...
JAL says it will decide on alliance partner soonUSA Today
New Management Team Vows to Rescue Japan AirlinesVoice of America
Japan Airlines bellyflops in a sea of patronage and kickbacksVancouver Sun
The Journal of Commerce Online -ABC News -Capital FM
all 401 news articles »

RTT News
Boston Scientific To Pay J&J $1.73B To Settle Stent Patent Disputes
Wall Street Journal
Boston Scientific Corp. said Monday it would pay Johnson & Johnson a hefty $1.73 billion to end more disputes in long-running legal battles over patents for heart stents. The deal clears away some major legal exposure for Boston Scientific, ...
Drug stocks gain; Warner Chilcott, Boston Sci fallMarketWatch
Boston Sci to pay J&J $1.73 bln in settlementReuters
Boston Scientific to pay JNJ $1.73B in settlementBismarck Tribune
Bloomberg -Morningstar.com -TheStreet.com
all 228 news articles »

Washington Post
Stocks stage rally
CNNMoney.com
By Alexandra Twin, senior writerFebruary 1, 2010: 11:51 AM ET NEW YORK (CNNMoney.com) -- Stocks rallied Monday morning, starting off a new month on the right foot, as investors welcomed better-than-expected reports on personal income and manufacturing ...
US Stocks Gain as Manufacturing, Income, Exxon Beat ForecastsBloomberg
US Stocks Climb As Manufacturing Data Lift Sentiment; DJIA Up 78Wall Street Journal
RPT-US STOCKS-Wall St rises on manufacturing data, ExxonReuters
MarketWatch -BusinessWeek -Forbes
all 736 news articles »

MiamiHerald.com
Manufacturing expands in Jan; spending up slightly
Reuters
NEW YORK (Reuters) - A measure of the manufacturing sector hit its highest level since 2004 last month, but consumer spending grew only slightly as households remained cautious on the economic recovery and any increase in jobs, data showed on Monday. ...
US consumer spending slows in DecemberMarketWatch
Consumer Spending in US Increases for Third MonthBusinessWeek
US consumer spending rises less than expectedBBC News
Forbes -ABC News -TheStreet.com
all 414 news articles »

China has threatened to impose sanctions on firms involved in weapons deals with Taiwan.

Sunoco Sells Chemicals Business, Pares Operations
Bloomberg
Feb. 1 (Bloomberg) -- Sunoco Inc., the largest US refiner on the East Coast, will jettison its chemicals division, which hasn't turned a profit in three quarters, and permanently close its Eagle Point refinery in ...
Brazil's Braskem Plans More Overseas Acquisitions >BAKWall Street Journal
Brazil's Braskem eyeing new US purchases - CFOReuters
Sunoco to Sell Chemicals Unit to Braskem for $350MABC News
Pittsburgh Post Gazette -Oil & Gas Journal -MarketWatch
all 163 news articles »

Plans to reward eco-friendly householders for the green energy that their solar panels produce receive a muted welcome.

US consumer spending rises less than expected in December as people opt to save more - but spending in 2009 saw its biggest drop in 71 years.

The German Chancellor, Angela Merkel, says she will buy a list of alleged tax avoiders said to be hiding money in Switzerland - if it is a genuine one.

US oil giant Exxon Mobil reports a 23% drop in profits, but the result was better than many analysts had expected.