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e-commerce,yahoo,business |
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Business Yahoo
US "dissatisfied" with China forex reform: Snow
(Reuters)
 Reuters - Treasury Secretary John Snow said on
Wednesday the Bush administration was "extremely dissatisfied"
with the slow pace at which China was adopting a more flexible
currency regime.
Fed raises rates, opens door to possible pause
(Reuters)
 Reuters - The Federal Reserve lifted interest
rates for a 16th straight time on Wednesday and said it would
keep raising them if necessary to check inflation, though it
opened the door to a possible rate pause.
AIG posts first-quarter lower earnings
(Reuters)
 Reuters - American International Group Inc.
, the world's largest insurance company by market value,
said on Wednesday that first-quarter earnings fell as expenses
increased.
News Corp profit rises on television growth
(Reuters)
 Reuters - Rupert Murdoch-controlled media
conglomerate News Corp. (NWSa.N) on Wednesday said quarterly
profit doubled, as strong advertising at its television
businesses outweighed profit declines for its films and
newspapers.
Whirlpool to close Maytag plants, cut 4,500 jobs
(Reuters)
 Reuters - Whirlpool Corp. on Wednesday said it
would cut 4,500 jobs, or nearly 6 percent of its work force, as
it closes three laundry appliance plants and various offices
including the Iowa headquarters of recently acquired Maytag.
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