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Hyundai profits -- and Sonata sales -- keep rolling
Fri, 30 Jul 2010 00:02:00 GMT
Hyundai Motor reported today that global net income jumped 71% to $1.2 billion in the second quarter. The automaker also said it expects to beat ...
Disney sells Miramax to investor for $660 million
Fri, 30 Jul 2010 16:07:43 GMT
The Walt Disney Co. said Friday that it agreed to sell its Miramax Films to an investor group for about $660 million, ending a 17-year association ...
Investor fears outweigh stunning earnings gains
Fri, 30 Jul 2010 14:26:19 GMT
Investors may be fretting over the chance of a double-dip recession, but companies' earnings are coming in with sprinkles on top.
Stocks fall, regain, fall again in fitting end to choppy July
Fri, 30 Jul 2010 18:46:20 GMT
News that economic growth slowed during the spring gave the stock market a fitting end to a choppy July yet another back-and-forth day.
Banks seek customers' help to stop online thieves
Fri, 30 Jul 2010 15:37:53 GMT
For generations, U.S. consumers have relied on banks to bear the primary responsibility for keeping their hard-earned cash deposits out of the ...
College students may get break on textbook expenses
Fri, 30 Jul 2010 18:26:27 GMT
College students will be able to shop around more for deals on textbooks, thanks to a new law that took effect this month.
N.Y. suit seeks $30 million in Madoff family money
Fri, 30 Jul 2010 16:12:01 GMT
The court-appointed trustee seeking to recover billions of dollars lost by jailed financier Bernard Madoff sued three entities Thursday to get ...
Websites help patients compare prices for health care
Fri, 30 Jul 2010 17:20:30 GMT
As Alan Grunberg neared 50, he knew he was going to need a colonoscopy, so he began shopping around to find the best place to get it done.
Toxic AIG, Bear Stearns assets gaining value, says N.Y. Fed
Fri, 30 Jul 2010 16:24:15 GMT
Toxic assets the U.S. government bought during the bailouts of American International Group and Bear Stearns are finally gaining value, the Federal ...
Economic growth slowed to 2.4% rate in second quarter
Fri, 30 Jul 2010 17:45:23 GMT
U.S. economic growth slowed to a 2.4% annual rate in second quarter, weakest pace in nearly a year
Surprise: Sales of big SUVs surging faster than small cars
Fri, 30 Jul 2010 04:52:39 GMT
"Subcompacts and small cars aren't the hot segments anymore," says George Magliano, director of auto forecasting for IHS Global Insight.
Honda posts record profit, Mazda reduces loss
Fri, 30 Jul 2010 12:31:46 GMT
Honda's quarterly profit ballooned to a record $3.2 billion while Mazda reduced its losses, rounding out a tale of recovery among Japanese a ...
Obama to auto workers: 'You are proving the naysayers wrong'
Fri, 30 Jul 2010 16:19:00 GMT
President Obama said today the economy is still recovering despite disappointing growth in the past three months, especially a car industry that ...
Money management a difficult lesson for NFL's rookie class
Fri, 30 Jul 2010 18:04:49 GMT
As they begin life in the NFL, rookies also can ponder sobering fine print that tempers the allure of becoming rich and famous. They could also ...
Merck's 2Q net income drops 52% on higher costs, charges
Fri, 30 Jul 2010 12:38:27 GMT
Drugmaker Merck on Friday reported a 52% drop in second-quarter net income, due to big merger and restructuring charges and lower income from ...
