49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (AP) — Wall Street rallied yesterday after the government's jobless claims data and Ford Motor Co.'s first-quarter results helped reinject some optimism about the economy into the market.
The Dow Jones industrial rose more than 80 points as ...
DATE: Apr 25, 2008
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ZURICH, Switzerland (AP) — Credit Suisse Group yesterday swung to a first-quarter loss of 2.1 billion Swiss francs ($2.1 billion) as the US sub-prime mortgage crisis continued its spread across the Atlantic.
Switzerland's second-largest bank said it ...
DATE: Apr 25, 2008
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Meyer Group of Companies yesterday announced the promotion of Cheryl Hayward-Chew to the position of president. She assumes the role from her father, Henry Hayward, who remains chief executive officer.
In addition, the company announces the promotion...
DATE: Apr 25, 2008
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WASHINGTON (Reuters) - The chief executives of Delta Air Lines Inc and Northwest Airlines Corp sought to reassure Congress yesterday that their planned merger would not hurt service, cut jobs, or blunt competition.
Richard Anderson of Delta and Dougl...
DATE: Apr 25, 2008
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TORONTO (Reuters) - The Toronto Stock Exchange's main index pared early losses but still ended more than 100 points lower yesterday, dragged down by resource issues, which dropped with tumbling commodity prices.
Oil and gas producer Canadian Natural ...
DATE: Apr 25, 2008
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PHOENIX (AP) — US Airways Group Inc. said yesterday it swung to a loss in the first quarter, punished like other airlines by the rising cost of jet fuel.
The Tempe, Arizona-based carrier said it lost $236 million, or $2.56 per share, in the January-M...
DATE: Apr 25, 2008
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NEW YORK (Bloomberg) — Chubb Corp., the 11th-largest US property insurer, said first-quarter profit fell 6.5 percent amid claims losses were related to windstorms and tornadoes and a decline in underwriting income.
Net income fell to $664 million, or...
DATE: Apr 25, 2008
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Bermuda reinsurer IPC Holdings yesterday reported net income of $86.8 million for the first quarter, up 13 percent on the same period last year.
The catastrophe coverage specialists' losses in the first three months of the year included a $14.5-milli...
DATE: Apr 25, 2008
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AUTHOR:
Jonathan Kent
Ace USA is offering coverage against political evacuation, kidnap and extortion for multinational companies with employees working in hotspots around the world.
The US subsidiary of Bermuda-headquartered Ace Ltd. said yesterday it would add the cover...
DATE: Apr 25, 2008
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CATEGORY:
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AUTHOR:
Jonathan Kent
DEARBORN, Michigan (AP) — Ford Motor Co. surprised Wall Street yesterday with a $100 million profit in the first quarter as strong results from Europe and South America helped offset the impact of a slumping US economy that cut car and truck sales in...
DATE: Apr 25, 2008
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