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Business
  News in this category: 50
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News
Nasdaq vaults to 11-year high on surge in jobs (Reuters)
A trader yells out prices during the Initial Public Offering of Greenway Medical Technologies Inc. on the floor of the New York Stock Exchange February 2, 2012. REUTERS/Lucas JacksonReuters - A surge in hiring in the world's largest economy last month drove the Nasdaq to an 11-year high on Friday as optimism grew that the labor market is on a steady path to recovery.
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Jobless rate at 3-year low as payrolls surge (Reuters)
Reuters - The United States created jobs at the fastest pace in nine months in January and the unemployment rate unexpectedly dropped to a near three-year low, giving a boost to President Barack Obama.
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Analysis: Stock-picking makes a comeback as macro tides fade (Reuters)
Reuters - Stock-picking once again matters on Wall Street.
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New York sues banks over electronic mortgage system (Reuters)
Reuters - New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices.
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Wall Street analysts struggle to predict Apple (Reuters)
Reuters - Leitao is part of a cadre of amateur forecasters, bloggers and hobbyists who sift through reams of data every quarter to guess at Apple's quarterly results - often putting professional analysts to shame by coming up with more accurate predictions.
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A list of notable IPOs on the Nasdaq and NYSE (AP)
AP - Some recent high-profile stock offerings on the New York Stock Exchange and Nasdaq:
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U.S. Companies 'Yammer' for a Productivity Revolution (ContributorNetwork)
ContributorNetwork - SAN FRANCISCO -- In a pleasant surprise, the Department of Labor has reported an another increase in total nonfarm employment. The U.S. added 243,000 jobs in January, ticking the unemployment rate to 8.3 percent.
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Aon Q4 profit rises, but margin pressures persist (Reuters)
Reuters - Aon Corp posted a higher quarterly profit that narrowly beat market estimates, but the world's largest insurance broker continued to face margin pressures in its Aon Hewitt segment for the second-straight quarter.
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Greek debt talks to stretch into weekend (AP)
IMF chief debt inspector Poul Thomsen arrives at a government office building before meeting Greek Finance Minister Evangelos Venizelos  in central Athens on Friday, Feb. 3, 2012. Unions and employers' associations rejected demands for private-sector wage cuts, despite pressure for the country to introduce strict austerity measures if it is to receive a crucial bailout package. (AP Photo/Petros Giannakouris)AP - "Crucial" issues remain to be resolved in Greece's critical negotiations over a second multibillion euro international bailout, and talks would continue into the weekend, the country's Finance Minister said early Saturday.
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NY's Schneiderman sues banks in foreclosure effort (AP)
AP - New York's attorney general on Friday accused some of the nation's largest banks of deceit and fraud in using an electronic mortgage registry that he said puts homeowners at a disadvantage in foreclosures.
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