Business News

Wed, May 23, 2012

Goldman sets $40 billion clean energy investment plan

By Lauren Tara LaCapra

(Reuters) - Goldman Sachs Group Inc plans to channel investments totaling $40 billion over the next decade into renewable energy projects ...

Wed, May 23, 2012

Housing market recovery gains traction

By Lucia Mutikani

WASHINGTON (Reuters) - The U.S. spring home-selling season got off to a strong start in April, with rising sales and prices ...

Wed, May 23, 2012

Chesapeake defends board to shareholders

(Reuters) - Chesapeake Energy Corp defended its board of directors in a letter to shareholders on Wednesday as investors push for governance changes at the ...

Wed, May 23, 2012

Fed's Bullard says orderly Greek exit possible

By Mark Felsenthal

ST. LOUIS (Reuters) - Greece could exit the euro zone without doing deep damage to the U.S. and European economies if ...

Wed, May 23, 2012

HP to lay off about 27,000, profit slides 31 percent

By Poornima Gupta

SAN FRANCISCO (Reuters) - Hewlett Packard Co said on Wednesday it would lay off roughly 27,000 employees or about 8 percent ...

Wed, May 23, 2012

Apple: U.S. e-book lawsuit "fundamentally flawed"

By Jonathan Stempel

(Reuters) - Apple Inc is rejecting charges that it conspired to fix prices of electronic books, calling the U.S. government's ...

Wed, May 23, 2012

Fed near limit on scope to help jobs: Kocherlakota

By Kayla Gahagan

RAPID CITY, South Dakota (Reuters) - A rise in U.S. inflation over the past year suggests the Federal Reserve has little ...

Wed, May 23, 2012

NYSE pitches listing to Facebook after IPO mess: source

By Alexei Oreskovic

SAN FRANCISCO (Reuters) - Facebook is considering a stock-listing proposal put forward by the New York Stock Exchange, a source familiar with ...

Wed, May 23, 2012

Kocherlakota: rise in joblessness could trigger more Fed easing

RAPID CITY, South Dakota (Reuters) - The U.S. Federal Reserve, which has kept short-term rates near zero since December 2008, may need to ease ...

Wed, May 23, 2012

Spain struggles to meet regions' 36 billion-euro debts

By Julien Toyer and Andrés González

MADRID (Reuters) - Top Spanish officials are at odds over how to help the country's highly indebted regions ...