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Source Match Business News

EPA seeks chemical info on hydraulic fracturing (AP)

AP - The Environmental Protection Agency is asking nine natural gas companies to voluntarily disclose the chemical components used in a drilling technique called hydraulic fracturing.

Mortgage rates edge up; Housing market still slow (AP)

AP - Record-low mortgage rates failed to pull the housing market out of its funk. Now rates are inching higher, but don't blame them if home sales stay sluggish.

Shoe seller DSW's operator says 2Q profit jumps (AP)

AP - Retail Ventures Inc., which operates the DSW shoe store chain, posted a 67 percent jump in second-quarter net income as a key revenue figure improved.

Wall Street buoyed by upbeat economic data (Reuters)

Traders work on the floor of the New York Stock Exchange, September 7, 2010.REUTERS/Brendan McDermidReuters - Stocks rose on Thursday as stronger-than-expected jobs and trade data helped lift optimism about the economic recovery, although sentiment was fragile as investors fretted over European banks.


CA-CANADA Summary (Reuters)

Reuters - A Canadian man's own actions will prove he lied to a court about having no knowledge of the conspiracy that led to the deadly bombing of Air India Flight 182 in 1985, prosecutors said at the start of a perjury trial on Thursday.

SC had tax liens against gov hopeful's family biz (AP)

AP - A business owned by the family of South Carolina Republican gubernatorial candidate Nikki Haley has been penalized for failing to pay taxes three times since 2003, according to records obtained by The Associated Press.

Wal-Mart US merchandising now headed by four execs (Reuters)

Reuters - Wal-Mart Stores Inc will remain without a chief merchandising officer for its U.S. stores for now, instead naming four new product heads to take over that responsibility, the retailer said on Thursday.

Ford summons dealers to discuss Lincoln's future (Reuters)

Reuters - Ford Motor Co will host a meeting for its Lincoln dealers in early October to discuss its plans for re-energizing a brand that has long trailed luxury market competitors such as Cadillac and Mercedes.

McDonald's France lags in August, shares fall (Reuters)

McDonald's product is pictured in a restaurant in Washington, July 23, 2010. REUTERS/Molly RileyReuters - McDonald's Corp's European sales growth fell in August from the sizzling levels it experienced for much of the year due to weakness in France, which generates the company's biggest European sales, and its shares fell nearly 3 percent.


As Wall Street Sheriff, Coffey would be discreet (Reuters)

Reuters - New York state attorney general candidate Sean Coffey on Thursday said he was the only contender qualified to police Wall Street and called Democratic rivals career politicians fixated on becoming governor.

Irish bonds rebound, banks hold ground after Anglo (AP)

AP - Investors welcomed Ireland's plan to split up its most debt-crippled bank, Anglo Irish, by bidding strongly Thursday for government bonds. Ireland's battered bank shares also held their ground.

Merkel: economic upswing should benefit workers (AP)

AP - German chancellor Angela Merkel said Thursday the current economic upswing should benefit workers who were hit by the economic and financial crisis.

Data shows economic recovery still on track (Reuters)

London shares ended in positive territory Thursday on US jobs and home sales data after falling in early deals.(AFP/File/Carl de Souza)Reuters - New U.S. claims for unemployment benefits fell more than expected last week to a two-month low, while the trade deficit narrowed sharply in July, hopeful signs for the stuttering economic recovery.


Web Impostors May Face Prison in California (BusinessWeek)

BusinessWeek - California Web impostors beware: You may soon be breaking the law, even if you aren't one of the perpetrators targeted by the state's "e-personation" bill.

British MPs to grill BP CEO Hayward (Reuters)

Reuters - British Members of Parliament (MPs) will next week grill outgoing BP Plc Chief Executive Tony Hayward, as part of an investigation into risks around deepwater drilling in the North Sea.

FDIC's Bair warns of government "exposure" in mortgages (Reuters)

Reuters - A key U.S. banking regulator raised concern on Wednesday about the risk of "exposure" the government is taking on in the mortgage market and urged more stringent standards for underwriting mortgages.

Flash crash report: plunge still a mystery: sources (Reuters)

Securities and Exchange Commissioner Mary Schapiro gestures as she testifies before the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises, on Capitol Hill in Washington in this July 20, 2010 file photo. REUTERS/Jonathan ErnstReuters - Regulators probing the stock market "flash crash" last May still have not uncovered a single cause but will point to "stub quotes" and other previously identified issues as having exacerbated the market's dramatic drop, according to two sources familiar with the probe.


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