Business News

Tue, February 07, 2012

Top Stanford witness says he tried to conceal fraud

By Anna Driver

HOUSTON (Reuters) - A former top aide to Texas financier Allen Stanford said on Tuesday he continued to hide financial misdeeds as ...

Tue, February 07, 2012

Yahoo chairman exits, review drags on

By Alexei Oreskovic

SAN FRANCISCO (Reuters) - Yahoo Inc Chairman Roy Bostock and three other directors will step down as the struggling company ploughs ahead ...

Tue, February 07, 2012

AIG reviewing succession as chairman takes new job

BOSTON (Reuters) - Bailed-out insurer American International Group will review its succession plans after its chairman accepted a job as the chief executive of an ...

Tue, February 07, 2012

January deficit fell sharply to $27 billion: CBO

WASHINGTON (Reuters) - The budget deficit shrank by nearly half in January compared to a year earlier as tax collections from individuals rose and outlays ...

Tue, February 07, 2012

Analysis: Banks largely reserved for U.S. mortgage pact cost

By Rick Rothacker and David Henry

(Reuters) - As the nation's five largest mortgage lenders edge close to a $25 billion settlement over foreclosure ...

Tue, February 07, 2012

MF Global shortfall worsened as bankruptcy neared

By Nick Brown

(Reuters) - In its chaotic final days, MF Global's floundering brokerage used increasingly large chunks of customer money in an effort ...

Tue, February 07, 2012

Disney revenue short of expectations, shares slip

(Reuters) - Walt Disney Co reported a quarterly revenue increase that fell short of Wall Street expectations as media networks and theme parks gained but ...

Tue, February 07, 2012

World watches as China economic leaders take stage

By Alan Wheatley, Global Economics Correspondent

LONDON (Reuters) - A new guessing game is about to begin: will China's incoming generation of leaders show ...

Tue, February 07, 2012

Exclusive: China buys up Saudi, Russian oil to squeeze Iran

By Judy Hua and Alex Lawler

BEIJING/LONDON (Reuters) - China is scouring the world for alternative oil supplies to replace a fall in its ...

Tue, February 07, 2012

"Prove critics wrong" under-fire RBS boss tells staff

LONDON (Reuters) - The boss of majority state-owned Royal Bank of Scotland urged his staff to "prove the critics wrong" and continue a clean-up that ...

SEVERE WEATHER ALERT: Flood Advisory  More Details Hide Details

mic077-081646- /o.con.kgrr.fl.y.0004.000000t0000z-120210t1800z/ /vckm4.n.sm.000000t0000z.000000t0000z.000000t0000z.oo/ 946 am est tue feb 7 2012 the flood advisory continues for the portage river near vicksburg * until friday afternoon. * at 07 am tuesday the stage was 4.6 feet. * bankfull stage is 4.5 feet. * flood stage is 5.0 feet. * forecast...the river will remain near 4.6 feet this afternoon. * impact...at 4.5 feet...river is bankfull $$