Finance Info Blog

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CIT, Chevron Likely In Focus Friday

Troubled lender CIT may ask creditors to exchange debt while Chevron said refining profits were down.
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Why investors are right to worry that a new study could damage the company’s outlook.
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China’s Medical Bonanza

Promise shifts homeward for China’s biggest medical device maker.
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Prices are poised to suffer. Expect more players to fall out of the market.
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Amazon’s Untethered Ambitions

The retailer launches a special site for cellphones. Other wireless gadgets could end up there too.
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The World’s Hardest-Hit Economies

If you think times are tough in America or Western Europe, take a look at these 10 nations.
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The Longest Tweet In History

The short tale of a Forbesian technological breakthrough.
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Eric Schmidt resisted the development of Google’s own computer operating system — what later would be named the Chrome OS — for the first six years after he joined the company as chief executive in 2001
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Anglo American picks new chairman

Anglo American is set to name Sir John Parker as its new chairman in a movethat seems designed aiming in a move to reassure shareholders that the international mining group has a strong independent future after its the company’s emphatic rejection of a n ambitious merger offer from rival Xstrata
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Californians will have fewer places to redeem IOUs issued by the cash-strapped state after Friday.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/lrGs07o797w” height=”1″ width=”1″/
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Homeless families spike in the suburbs

Homeless families in suburban and rural areas jumped by 56% in 2008, according to a government report released Thursday.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/3zP1gN50v-s” height=”1″ width=”1″/
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Read full story for latest details.img src=”http://feeds.feedburner.com/~r/rss/money_markets/~4/o7wiOwq_St8″ height=”1″ width=”1″/
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Lloyd’s of London has begun the biggest strategic review it has undertaken this decade in an attempt to ensure the more than 320-year-old insurance market does not fail in exploiting the gaps in the market thrown up by the financial crisis
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Don’t Discount Crude

Analysts remain bearish on refiners but believe in oil for the long run.
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Police refuse fresh probe but Conservative spin doctor comes under pressure
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The military overthrow of the Honduran president echoes the violence of the 1980s and throws up Barack Obama’s first serious foreign policy test in the region
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The View From Main Street

Capital markets may be recovering, but American families continue to suffer.
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Sprint forms $5bn Ericsson network deal

Sprint Nextel, the struggling US mobile network operator, is to outsource the management and day-to-day running of its two nationwide networks to Sweden’s Ericsson in a seven-year deal worth between $4.5bn and $5bn.
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Former Federal Reserve Chairman Alan Greenspan said the credit crunch should be over by now. But just ask anyone who has tried to get a loan recently, and they’ll tell you a different story.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/Q-GvvGUhS7U” height=”1″ width=”1″/
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US stocks staged a modest rally as a positive start to earnings season and better-than-expected economic data failed to lift the caution that has dominated Wall Street since last week’s jobs report
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The ambitious pipeline proposal to bring natural gas to the European Union from the Caspian region will pass its first ­significant milestone on Monday when an agreement between the project’s backers is signed
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China Gobbles Up U.S. Soybeans

Strong export sales and a weaker U.S. dollar helped solidify prices on agricultural commodities.
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The ambitious pipeline proposal to bring natural gas to the European Union from the Caspian region will pass its first ­significant milestone on Monday when an agreement between the project’s backers is signed
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Stimulus not enough to juice consumers

It looks like Americans still aren’t in the mood to splurge at the mall.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/IFTHsY1SqNM” height=”1″ width=”1″/
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China attacks dollar’s dominance

Concern among western leaders over fears that even discussion of long-term currency issues could unsettle markets and undercut economic recovery
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