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AIG talking to big investors on AIA IPO

AIG talking to big investors on AIA IPO

the Mesh Report Staff August 12, 2010 0

American International GroupInc (AIG.N) has started talks with potential investors to sell stakes in its Asian life insurance business AIA ahead of AIA's planned

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GM posts $1.33 billion profit, a sign of strength

GM posts $1.33 billion profit, a sign of strength

the Mesh Report Staff August 12, 2010 0

General Motors Co. said Thursday it made $1.33 billion in the second quarter, a sign it's getting healthier as it prepares to sell stock to the public

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Stocks retreat as Fed grows more cautious

Stocks retreat as Fed grows more cautious

the Mesh Report Staff August 11, 2010 0

Stocks and interest rates tumbled as investors worldwide grew increasingly concerned about the health of the U.S. economy based on actions by the Fed

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Oil falls below $80 amid growth slowdown fears

Oil falls below $80 amid growth slowdown fears

the Mesh Report Staff August 11, 2010 0

Oil prices fell below $80 a barrel Wednesday as signs of slowing growth in China, a cautious statement from the Federal Reserve and falling stock markets

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Nestle makes $5B half-year profit, raises outlook

Nestle makes $5B half-year profit, raises outlook

the Mesh Report Staff August 11, 2010 0

Swiss food and drinks company Nestle SA reported Wednesday a 7.5 percent rise in half-year net profit to $5 billion

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Productivity falls, Fed mulls stimulus

Productivity falls, Fed mulls stimulus

the Mesh Report Staff August 10, 2010 0

U.S. business productivity fell for the first time in 1-1/2 years in the second quarter and labor costs hardly rose, according to government data

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Wall Street dragged down by commodities

Wall Street dragged down by commodities

the Mesh Report Staff August 10, 2010 0

Stocks dropped sharply on Tuesday as commodity shares were hit by indications China's economic growth may be slowing

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Apple executive leaves company after iPhone 4 antenna issues

Apple executive leaves company after iPhone 4 antenna issues

the Mesh Report Staff August 10, 2010 0

Mark Papermaster, Apple Inc. executive overseeing hardware engineering for the company's iPhone, is stepping down from his post

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Fed ponders more easing as economy stumbles

Fed ponders more easing as economy stumbles

the Mesh Report Staff August 10, 2010 0

The Federal Reserve's monetary policy committee gathered on Tuesday to consider measures to prop up the U.S. economic recovery

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Significant chance of recession next 2 years: SF Fed

Significant chance of recession next 2 years: SF Fed

the Mesh Report Staff August 9, 2010 0

There is a "significant" chance the U.S. economy will slip back into recession in the next two years

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