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Todays Top Business News
From around the world and across the street.
•Oil Drifts Below $82 as Month-Long Rally Stalls
11 minutes ago Oil drifts below $82 in Asia as month-long rally stalls Asia - Events - Recreation - Business - United States
[From ABC News: Money]
•Oil drifts below $82 as month-long rally stalls
by By ALEX KENNEDY
12 minutes ago SINGAPORE (AP) -- Oil prices drifted below $82 a barrel Friday in Asia, pulling back from a monthlong rally that was fueled by mostly positive news about the U.S. economy....
[From AP Top Business News At 4:34 a.m. EDT]
•Health Care Bill Extends Wage Tax to Investments
38 minutes ago Health care bill would increase wage taxes, add new levy on investments for high earners Health care - United States - Insurance - Politics - Health Care Reform
[From ABC News: Money]
•Samsung, LG see growth, but know rivals are catching
41 minutes ago SEOUL (Reuters) - Technology powerhouses Samsung Electronics and LG Electronics reinforced market optimism that strong demand recovery is in place, while cautioning that competition from global rivals is heating up.
[From Reuters: Business News]
•Fargo floods turn farm fields into sprawling lakes
by By JOHN FLESHER
57 minutes ago KRAGNES, Minn. (AP) -- For farmer Brian Thomas, getting to town for errands is no simple matter these days as floodwaters cover fields and sections of country roads in the rural areas near Fargo, N.D....
[From AP Top Business News At 4:34 a.m. EDT]
•Food experts: TV, travel have made cheese trendy
by By DINESH RAMDE
1 hour ago MADISON, Wis. (AP) -- Americans who grew up on grilled cheese and macaroni have developed more adventuresome tastes in adulthood, experimenting with a broader range of cheeses and often seeking the sharper flavors that have traditionally been popular in Europe....
[From AP Top Business News At 4:34 a.m. EDT]
•Asian stock markets gain after US economic reports
1 hour ago HONG KONG (AP) -- Most Asian stock markets turned higher Friday as modestly positive reports about the U.S. economy underpinned optimism about the global recovery....
[From AP Top Business News At 4:34 a.m. EDT]
•China tries to cool yuan dispute with U.S.
1 hour ago BEIJING (Reuters) - China on Friday said it was sending an envoy to Washington to try to ease trade frictions as its currency regime comes under fire, warning that threats from U.S. legislators could stifle room for progress.
[From Reuters: Business News]
•Asia stocks head for 6th week of gains
1 hour ago HONG KONG (Reuters) - Asian stocks rose for a sixth straight week on Friday, their longest string of weekly gains since a global bull market began a year ago, with consumer-related shares leading the way on hopes of a steady economic recovery.
[From Reuters: Business News]
•Japanese fish dealers welcome tuna ban rejection
by By MALCOLM FOSTER
3 hours ago TOKYO (AP) -- Japanese fish dealers on Friday welcomed the rejection of a proposed trade ban on Atlantic bluefin tuna - a prized ingredient of sushi - while urging that existing quotas be more strictly enforced to protect the species from overfishing....
[From AP Top Business News At 4:34 a.m. EDT]
•Hollywood and Bollywood join arms to fight piracy
by By ERIKA KINETZ
3 hours ago MUMBAI, India (AP) -- Hollywood and Bollywood linked arms Thursday to fight piracy, with the announcement of a coalition among the Motion Picture Association of America and seven Indian companies to tackle counterfeiting in one of the world's largest film markets....
[From AP Top Business News At 4:34 a.m. EDT]
•Samsung aims for double-digit sales growth
by By KELLY OLSEN
3 hours ago SEOUL, South Korea (AP) -- Samsung Electronics predicted a strong 2010 as economic expansion in advanced and large developing economies gains speed and said it is aiming for double-digit sales growth from last year's record high....
[From AP Top Business News At 4:34 a.m. EDT]
•Japan police recommend charges in Prius crash
by By YURI KAGEYAMA
3 hours ago TOKYO (AP) -- Japanese police are recommending charges against a driver who says his Toyota Prius crashed because of brake failure after an analysis of "black box" data showed no defects....
[From AP Top Business News At 4:34 a.m. EDT]
•China calls on Washington cool yuan pressure
by By JOE McDONALD
4 hours ago BEIJING (AP) -- China stepped up resistance Friday to U.S. pressure over currency, calling on Washington to cool its "politicization and emotionalization" of the issue and warning a further rise in its yuan could drive exporters out of business....
[From AP Top Business News At 4:34 a.m. EDT]
•Google may announce China plans next Monday: report
7 hours ago SHANGHAI (Reuters) - Google Inc may make an announcement next Monday about whether it will pull out from China, the China Business News reported on Friday, quoting an unnamed Google employee.
[From Reuters: Business News]
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