Top Stories: Citigroup and Wells Fargo banks have announced 45 billion dollars has been repaid to the US government from the massive TARP program that was used to bail out the banking system. Big News Network.com Fri, 25 Dec 2009 05:45:23 -0500Cambodia’s Angkor Air has begun to turn a profit. Big News Network.com Fri, 25 Dec 2009 05:42:15 -0500The Ford Motor Company Volvo unit is likely to be sold to China’s Geely. Big News Network.com Fri, 25 Dec 2009 05:39:26 -0500U.S. stocks reached new 2009 highs on Christmas Eve. Big News Network.com Thu, 24 Dec 2009 16:19:16 -0500Nestle has suspended operations at its dairy plant in Zimbabwe saying the closure is due to pressure from the Mugabe government. Big News Network.com Thu, 24 Dec 2009 19:23:54 -0500Pay for the chief executives of mortgage finance companies Fannie Mae and Freddie Mac will be increased to between $4 and $6 million. Big News Network.com Thu, 24 Dec 2009 19:20:36 -0500Sweeping power cuts have been felt by Venezuelan industry after the government said it needed to save its limited energy resources to avoid mass blackouts. Big News Network.com Thu, 24 Dec 2009 19:17:55 -0500UK entertainment group HMV is hoping to takeover live music venues run by the MAMA Group. Big News Network.com Thu, 24 Dec 2009 19:14:33 -0500New research has found that thousands of eco-tourists visiting Antarctica each year are adding to the warming that results in melting of the polar ice caps. Big News Network.com Thu, 24 Dec 2009 19:10:57 -0500"},"id":"ymh-browse-load","current_item":"17300058"}], "data":{"total":300,"items":{"17300058":{"clipId":"17300058","title":"2009 Stocks End on Good Note, Wall Street Sings","subtitle":"ABC News","de... Yahoo! News Fri, 25 Dec 2009 07:42:08 -0500Dec. 25 (Bloomberg) -- European stocks rose for a second week, with the benchmark Dow Jones Stoxx 600 Index heading for its largest annual increase in a decade, amid signs the global economy is recove... Business Week Fri, 25 Dec 2009 05:37:50 -0500Vast sums of money have been spent on bank bailouts in the UK and the US, but are these taxpayer guaranteed banks any safer? The BBC's Martin Webber spoke to leading economist Roger Bootle to find out... BBC Fri, 25 Dec 2009 05:04:11 -0500HONG KONG - Asian markets ended mixed in narrow-range trade Friday, with export-related stocks in Japan under pressure as the yen strengthened, while mid-sized banks were among weak performers in Sha... Fox Business Fri, 25 Dec 2009 04:14:36 -0500SACRAMENTO, Calif. - Recent successes by the Humane Society of the United States in securing protections in some states for chickens, pigs and veal calves have prompted the dairy industry to launch a... Star Tribune Fri, 25 Dec 2009 03:25:22 -0500FTSE 100 index climbed 0.56% to end at 5,402.41 points - a level not seen since September 2008. Mining and oil stocks contributed to its rise, with banks also lending support. "With half a day's tra... Sky News Fri, 25 Dec 2009 03:01:29 -0500Qualcomm is realigning its business units following the resignation of Chief Operating Officer Len Lauer, who is leaving to become CEO of an unnamed company, the wireless technology vendor announced... Fox Business Fri, 25 Dec 2009 02:54:51 -0500TOKYO (Reuters) - Shares in Tokyo slipped on Friday as investors took profits in trade thinned by the Christmas break in many other markets, while Shanghai fell and the dollar hung near its highs of t... Reuters Fri, 25 Dec 2009 02:54:16 -0500ANCHORAGE, Alaska - A tugboat put in service to help prevent another oil spill disaster in Prince William Sound ran aground on the same reef as the Exxon Valdez 20 years ago in what remains the natio... Star Tribune Fri, 25 Dec 2009 02:05:59 -0500HDMI Consortium is preparing to add 3D support to its latest 1.4 specification, which could bring 3D gaming and movie watching to high-definition TVs. HDMI (high-definition multimedia interface) por... Fox Business Fri, 25 Dec 2009 01:37:28 -0500TORONTO -- The Toronto Stock Exchange finished a strong week on a positive note Thursday, as energy and financials advanced during an abbreviated trading session ahead of the Christmas holiday. The b... Financial Post Fri, 25 Dec 2009 01:36:18 -0500As a relatively subdued rush of last-minute pre-Christmas shopping came to a close Thursday, retailers were hoping to entice procrastinating consumers to keep on buying through the holiday and after. ... Star Tribune Fri, 25 Dec 2009 00:47:25 -0500Microsoft has lost an appeal in a patent case over Microsoft Word. A U.S. court of appeals upheld a jury verdict against the company for infringing on a patent held by Toronto's i4i. Microsoft lost... Web Pro News Fri, 25 Dec 2009 00:17:56 -0500Everybody knows tonight’s the night Santa departs the North Pole on his round-the-world trip delivering presents. What you might not know is that because the weather at the North Pole can be cha... Wired News Fri, 25 Dec 2009 00:10:43 -0500Shoppers searching for bargains in the seasonal sales may find they are a year too late for the best deals, according to experts.Retailers offered huge discounts at Christmas in 2008 as they had exces... BBC Thu, 24 Dec 2009 23:50:02 -0500Hundreds of thousands of Abbey customers failed to have money transferred into their accounts owing to a technical error.The problem, which occurred overnight on Tuesday/Wednesday, meant many faced de... BBC Thu, 24 Dec 2009 23:50:01 -0500The UK economy shrank by 0.2% between July and September, figures show, an upward revision to the previous estimate of a 0.3% contraction.It means that officially the recession has not yet ended. Anal... BBC Thu, 24 Dec 2009 23:49:59 -0500SAN FRANCISCO (MarketWatch) -- The final stock-trading week of the year promises to test investors' temperaments -- whether they take the long view, looking to the past for a sign of what's to come, o... MarketWatch Thu, 24 Dec 2009 23:20:01 -0500ROCHESTER, New York -- Eastman Kodak Co. said Wednesday that Samsung Electronics Co. has agreed to pay the camera maker an undisclosed sum as the two sides try to settle a dispute over patents used in... The China Post Thu, 24 Dec 2009 23:14:35 -0500LONDON/TOKYO -- The dollar lost ground against the euro and yen on Thursday in the wake of recent disappointing U.S. economic data and as traders awaited more key figures from the world's biggest econ... The China Post Thu, 24 Dec 2009 23:14:21 -0500HONG KONG -- Japanese stock indexes ended the morning session lower Friday, as a modest gain in the yen versus the U.S. dollar prompted selling in tech exporters, drawing back some of the gains seen ... Fox Business Thu, 24 Dec 2009 22:56:10 -0500LOS ANGELES -- Shanghai stocks moved slightly lower Friday morning in lackluster trade and with most other major markets closed for holidays. The Shanghai Composite fell 0.4% to 3,141.58, with many o... Fox Business Thu, 24 Dec 2009 22:56:08 -0500LOS ANGELES -- China's government said Friday it has raised the value of its 2008 gross domestic product by 4.5% to 31.405 trillion yuan ($4.6 trillion) from its earlier estimate of 30.067 trillion, ... Fox Business Thu, 24 Dec 2009 22:56:05 -0500TOKYO (Reuters) - Prime Minister Yukio Hatoyama came under fire over a funding scandal on Christmas Day, with Japanese media speculating that he might have to step down if voters found his explanation... Reuters Thu, 24 Dec 2009 22:55:22 -0500Local officials in many areas have gotten creative with public Christmas trees and decorations in these tough economic times. Ben Tracy reports from Concord, Calif. CBS News Thu, 24 Dec 2009 22:53:47 -0500The U.S. Senate has passed health care reform legislation without any support from Republican lawmakers. Wyatt Andrews reports from Washington and Jeff Greenfield provides analysis. CBS News Thu, 24 Dec 2009 22:53:46 -0500At the turn of the 21st century, reality crashed the TV party in every imaginable way. Driven by advances in digital video and a seemingly bottomless appetite for contrived spectacle, unscripted compe... Wired News Thu, 24 Dec 2009 22:49:13 -0500We love Cassini more with every amazing image the intrepid spacecraft sends back from its travels, and this latest treat is no exception. The Cassini imaging team has assembled images of some of Satu... Wired News Thu, 24 Dec 2009 22:49:11 -0500(AP) ? Key barometers in the Treasury market late Thursday, compared with late Wednesday. Price changes in the 10-year note and 30-year bond are per $1,000 invested:... New Jersey Online Thu, 24 Dec 2009 22:44:57 -0500It's the season for fixing hips and knees, shoulders and elbows. People slip on ice and snow. College kids come home for the holidays -- and elective surgeries. And, given the choice, most Minnesotan... Star Tribune Thu, 24 Dec 2009 22:00:15 -0500NEW YORK - Stocks ended a holiday-shortened session Thursday at new highs for the year following upbeat reports on unemployment and durable goods orders. A weaker dollar also helped the market, lifti... Star Tribune Thu, 24 Dec 2009 22:00:11 -0500NEW YORK - The government has handed its ATM card to beleaguered mortgage giants Fannie Mae and Freddie Mac. The Treasury Department said Thursday it removed the $400 billion financial cap on the mon... Star Tribune Thu, 24 Dec 2009 22:00:07 -0500MARTINEZ, Calif. - Chevron Corp. could be getting back millions of dollars from the San Francisco Bay area city of Richmond after a judge struck down a tax assessed on a refinery the oil giant operat... Star Tribune Thu, 24 Dec 2009 22:00:05 -0500LOS ANGELES -- Shares of Toyota Motor Corp. fell 0.8% to 3,860 yen ($41.17) in Friday morning trade in Tokyo, a day after a report its Chinese unit plans to recall just over 43,000 vehicles. The reca... Fox Business Thu, 24 Dec 2009 21:30:35 -0500In a decade fueled by hyperconsumption and paranoia, some musicians stood out by balancing cultural relevance, technological innovation and raw lyrical and sonic power. These artists and their record... Wired News Thu, 24 Dec 2009 21:24:16 -0500Nearly 62 years after researchers at Bell Labs demonstrated the first functional transistor, scientists say they have made another major breakthrough. Researchers showed the first functional transist... Wired News Thu, 24 Dec 2009 21:24:14 -0500The decade defined first and foremost by 9/11 yielded a bitter, brilliant Cinema of Paranoia. A new breed of brooding, believable superheroes inhabited worlds ripped from the pages of comic books R... Wired News Thu, 24 Dec 2009 21:24:12 -0500NEW YORK (Ben Sheffner for Billboard/Reuters) — Almost a decade after the major labels launched their legal assault on Napster, courts are still writing the rules of the road for the music busin... Wired News Thu, 24 Dec 2009 21:24:10 -0500Japan's government is likely to cut the spending plans it made during its election campaign earlier this year to help bring its large debt burden under control, but the bond market was wary of plans t... People's Daily Thu, 24 Dec 2009 21:02:14 -0500A proposed conflict-of-interest policy aimed at eliminating inappropriate financial relationships between faculty and staff at the University of Minnesota and business has drawn heated debate from all... Star Tribune Thu, 24 Dec 2009 20:28:35 -0500Bob and Polly McCrea are the low-digit millionaires next door in a Lake Minnetonka area known for fabulous wealth. They sold their successful small businesses more than a decade ago. Polly's was a cu... Star Tribune Thu, 24 Dec 2009 20:28:33 -0500WASHINGTON - The government is requiring makers of products for infants and toddlers to create ways to keep in touch with people who own cribs, strollers, and other items. Under the new rule, manufac... Star Tribune Thu, 24 Dec 2009 20:28:33 -0500Minnesota investors got their holiday wish for the first time since 2006: appreciating year-end stock portfolios. Of course, that's because the markets had fallen so far in the fall of 2008 as the eco... Star Tribune Thu, 24 Dec 2009 20:28:31 -0500Research by Celebration cracker factory, based in Dorset, has revealed that people are fed up with the boring and predicable gags read over the Christmas table. But with 20 million crackers sold ever... Sky News Thu, 24 Dec 2009 20:05:53 -0500LOS ANGELES -- Japanese stock indexes fell in the early minutes of Friday trade after a slightly positive open, with tech exporters giving back some of their gains from the previous session, helped l... Fox Business Thu, 24 Dec 2009 19:59:32 -0500LOS ANGELES -- Japanese November data released Friday painted a mostly dim picture of the economy, with unemployment gaining slightly and deflation rising, albeit in line with expectations. Japan's u... Fox Business Thu, 24 Dec 2009 19:59:30 -0500The ’00s will be remembered as the decade when the videogame industry got flipped on its head. Going into the year 2000, the general feeling was that the game industry was ready to put away chi... Wired News Thu, 24 Dec 2009 19:52:28 -0500Ask any investor and they'll tell you that 2009 has suffered from a split personality. There was January through mid-March, when the Standard & Poor's 500, worth less than half what it was at its ... Star Tribune Thu, 24 Dec 2009 19:05:58 -0500Dec. 24 (Bloomberg) -- New York Senator Charles Schumer warned Wall Street firms to “live up to your responsibilities” and increase lending, particularly to small businesses, while showing... Business Week Thu, 24 Dec 2009 18:42:44 -0500U.S. retailers used extra promotions and extended hours to draw procrastinators and shoppers delayed by the East Coast snowstorm in the final stretch before Christmas. Target Corp. extended its h... Financial Post Thu, 24 Dec 2009 18:36:45 -0500Canplats Resources Corp. is accepting a sweetened bid from Goldcorp Inc. that matches the rival offer tabled by Minera Penmont, a joint venture between Fresnillo PLC and U.S. gold giant Newmont Mining... Financial Post Thu, 24 Dec 2009 18:36:34 -0500Glencore International AG, the world's largest commodity trader, is considering an initial public offering after the credit crisis and tumbling commodity prices threatened to curb its funding. Financial Post Thu, 24 Dec 2009 18:36:31 -0500WASHINGTON -- New orders for long-lasting U.S. manufactured goods excluding transportation surged in November, and applications for jobless benefits fell last week, pointing to a firmly entrenched eco... Financial Post Thu, 24 Dec 2009 18:36:29 -0500When Eric Agius paid his first visit to Seoul, Korea, six weeks ago, the first thing he saw upon clearing customs was a giant display screen built by LG Electronics Inc. It was like a giant welcome m... Financial Post Thu, 24 Dec 2009 18:36:26 -0500The Canadian economy strung together back-to-back months of growth for the first time in almost two years, but economists warn that consumers and government stimulus have been "carrying the ball" by f... Financial Post Thu, 24 Dec 2009 18:36:24 -0500OTTAWA -- Canada's economy rose 0.2% in October, the second straight monthly gain, Statistics Canada reported Wednesday, but growth was at a weaker pace than expected. Analysts were expecting a 0.3% ... Financial Post Thu, 24 Dec 2009 18:36:21 -0500PARIS -- World stocks extended gains to their highest level in almost three weeks on Thursday while oil also gained as investors confident of a strong global economic recovery into 2010 chased risky a... Financial Post Thu, 24 Dec 2009 18:36:19 -0500The oil sands, site of billions of dollars of energy development in northeast Alberta, found itself in the crosshairs of environmentalists — and took heat from Ontario and Quebec officials — durin... Financial Post Thu, 24 Dec 2009 18:36:17 -0500BlackBerry service resumed as phone maker Research In Motion Ltd. released new software to fix program flaws, which caused a second disruption in less than a week. The interruption was resolved l... Financial Post Thu, 24 Dec 2009 18:36:15 -0500Intrawest ULC, a Vancouver-based ski-resort operator owned by private-equity firm Fortress Investment Group LLC, is in talks with lenders about a debt payment due Wednesday on a US$1.4- billion loan, ... Financial Post Thu, 24 Dec 2009 18:36:13 -0500WASHINGTON -- Convicted swindler Bernard Madoff was moved last week to the medical center within a federal prison for undisclosed reasons, a spokeswoman for the Federal Bureau of Prisons said on Wedne... Financial Post Thu, 24 Dec 2009 18:36:10 -0500LONDON -- White sugar futures on Liffe rose on Wednesday to a record high for the benchmark front month, boosted by reduced crop prospects in top exporter Brazil following heavy and persistent rains. ... Financial Post Thu, 24 Dec 2009 18:36:09 -0500NEW YORK -- Oil rose above US$76 a barrel on Wednesday after key inventory data out of the United States showed crude oil inventories in the world's energy consumer fell more than expected. Commercia... Financial Post Thu, 24 Dec 2009 18:36:07 -0500NEW YORK -- Wells Fargo also paid dividends of US$131.9-million to the government as part of the repayment, it said in a statement. The bank has paid US$1.44-billion in dividends on the government's ... Financial Post Thu, 24 Dec 2009 18:36:05 -0500WASHINGTON/TORONTO -- Canadian fertilizer maker Agrium, which is attempting a hostile takeover of U.S. rival CF Industries CF.N, has won U.S. antitrust approval of the proposed deal after agreeing to ... Financial Post Thu, 24 Dec 2009 18:36:04 -0500NEW YORK -- Sales of newly built U.S. single-family homes fell to their lowest level in seven months in November, a blow to the housing market's recovery. The Commerce Department said sales dropped 1... Financial Post Thu, 24 Dec 2009 18:36:02 -0500Nortel Networks Corp., the bankrupt Canadian maker of phone equipment, agreed to sell its unit that provides Internet-calling gear to Genband Inc. for US$282-million. Genband, a closely held comp... Financial Post Thu, 24 Dec 2009 18:36:01 -0500Ford Motor Co. agreed with China's Zhejiang Geely Holding Group Co. on most terms about a sale of its Volvo Car Corp. unit and the automakers aim to complete the transaction in the second quarter. ... Financial Post Thu, 24 Dec 2009 18:36:00 -0500Canada's Finance Minister Jim Flaherty said China, with the world's largest currency reserves of US$2.3-trillion, may be poised to buy Canadian dollars as it seeks to shield its reserves against the U... Financial Post Thu, 24 Dec 2009 18:35:58 -0500We must wait a decade to find out the true harm these financial institutions inflicted on investors. That’s when the restructured ABCP notes mature and the real price tag will be known. Financial Post Thu, 24 Dec 2009 18:35:55 -0500Billionaire Warren Buffett, chairman of Berkshire Hathaway Inc., told employees of Burlington Northern Santa Fe Corp. that he's buying the railroad because of its position in the U.S. West. "I think ... Financial Post Thu, 24 Dec 2009 18:35:54 -0500One of the strangest and sorriest episodes in the history of Canadian capital markets is back on the radar. Today, a group of people will try to reactivate an Ontario company that many investors woul... Financial Post Thu, 24 Dec 2009 18:35:52 -0500NEW YORK -- Sales of previously owned U.S. homes surged to their highest level in almost three years, but the unexpectedly strong gain came mainly from a big tax-break for first-time homebuyers. Abse... Financial Post Thu, 24 Dec 2009 18:35:48 -0500LONDON -- Gold slid to its lowest since early November at US$1,074.10 per ounce on Tuesday, as the dollar gained ground against the euro and a basket of currencies - a trend analysts see pressuring bu... Financial Post Thu, 24 Dec 2009 18:35:47 -0500VANCOUVER -- Shares in Ballard Power Systems rose more than 7% on Tuesday morning after the fuel cell maker agreed to offload its stake in a fuel cell research group for about $44.5-million. Ballard ... Financial Post Thu, 24 Dec 2009 18:35:46 -0500TORONTO -- Canadian merchant bank C.A. Bancorp Inc. urged shareholders on Tuesday to reject a $1.22 per share bid from private equity firm Maxam, saying the offer was too low and that it was talking t... Financial Post Thu, 24 Dec 2009 18:35:43 -0500OTTAWA -- Canada's auto industry will return to profitability in 2010 after enduring a year that shook the sector to its core, the Conference Board of Canada said in a report Tuesday. The board forec... Financial Post Thu, 24 Dec 2009 18:35:42 -0500OTTAWA - The number of people receiving employment insurance benefits declined in October, continuing a downward trend that began in July, Statistics Canada reported Tuesday. Regular EI beneficiaries... Financial Post Thu, 24 Dec 2009 18:35:41 -0500National Bank Financial Inc. has agreed to pay $75-million, while Canadian Imperial Bank of Commerce and its capital markets arm will hand over $22-million in settlements with regulators related to th... Financial Post Thu, 24 Dec 2009 18:35:39 -0500Scotiabank said Tuesday it will be the first Canadian bank to open its own branch in Dubai's financial district. The bank's ScotiaMocatta precious metals trading division has secured a licence fr... Financial Post Thu, 24 Dec 2009 18:35:38 -0500ATHENS -- Moody's Investors Service cut Greece's debt rating on Tuesday but partially reassured financial markets by saying the country remained far from a crisis, igniting a rally in Greek bonds and ... Financial Post Thu, 24 Dec 2009 18:35:37 -0500LUANDA -- OPEC oil producers agreed on Tuesday to keep their supply curbs unchanged but may face an uphill battle to improve compliance with those restrictions if they want to drain bulging global fue... Financial Post Thu, 24 Dec 2009 18:35:35 -0500Only allowing Chinese viewers to access sites registered on a whitelist would give Chinese authorities much greater control, but would also block millions of completely innocuous sites. Financial Post Thu, 24 Dec 2009 18:35:32 -0500EDMONTON -- Canadians who have profited from how our financial institutions weathered the global economic crisis wonder whether the punch bowl has been removed and the investment party is over. Since... Financial Post Thu, 24 Dec 2009 18:35:29 -0500Think of Canada's housing market as a ticking time bomb. Think of Finance Minister Jim Flaherty as the unlucky bomb disposal expert called in to deal with the problem. Flaherty is moving slowly - oh,... Financial Post Thu, 24 Dec 2009 18:35:28 -0500DETROIT/SEATTLE -- General Motors Co has hired Chris Liddell, the chief financial officer of Microsoft Corp, as its new finance chief, filling a key position with the automaker's highest-profile hire ... Financial Post Thu, 24 Dec 2009 18:35:25 -0500NEW YORK -- Santa came early for Wall Street this year by giving the S&P 500 a 22% gain for 2009, and with just eight trading days left in the year, stock investors are not expecting to find much ... Financial Post Thu, 24 Dec 2009 18:35:24 -0500Galleon hedge fund founder Raj Rajaratnam, right, and co-defendant Danielle Chiesi asserted their innocence Monday to charges of securities fraud, in what U.S. prosecutors describe as the biggest ... Financial Post Thu, 24 Dec 2009 18:35:22 -0500OTTAWA -- Consumer confidence rose in December following two months of declines, the Conference Board of Canada said Monday. The results of the board's monthly survey showed the greatest gains in exp... Financial Post Thu, 24 Dec 2009 18:35:14 -0500Dubai World, which met its creditors on Monday, said it would work with lenders to seek a debt standstill in "an orderly way" and will get government financial support if an agreement is reached. Financial Post Thu, 24 Dec 2009 18:35:10 -0500 | 
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