Friday, October 1, 2010

BMW recalls 350000 cars



US STOCKS-Wall St to rise as Chinese manufacturing grows
Reuters
By Edward Krudy NEW YORK, Oct 1 (Reuters) - Wall Street was set to rise on Friday as a pick up in Chinese manufacturing eased concerns about the state of the global economy, and investors now focusing on US manufacturing data later in the day. ...
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Personal income is up, and so is spending
CNNMoney
By Charles Riley, staff reporterOctober 1, 2010: 10:06 AM ET NEW YORK (CNNMoney.com) -- Personal income rose 0.5% in August, the largest increase this year, while spending by individuals remained steady, according to a government report released Friday ...
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HP on Apotheker: 'We have never felt more confident'
CNNMoney
By Julianne Pepitone, staff reporterOctober 1, 2010: 10:02 AM ET NEW YORK (CNNMoney.com) -- Léo Apotheker was the only person offered the CEO job at Hewlett-Packard, company leaders said Friday in a press conference to discuss their surprising choice. ...
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Fed's Dudley: Fed Action To Support Economy 'Likely'
Wall Street Journal
By Michael S. Derby Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--A top Federal Reserve official said Friday the central bank is almost certain to have to offer fresh support to ensure that already tepid US economic growth doesn't falter further, ...
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UPDATE 1-BMW recalls 350000 cars, including Rolls-Royces
Reuters
PARIS, Oct 1 (Reuters) - BMW (BMWG.DE) is voluntarily recalling 350000 cars worldwide due to a possible brake problems that the world's biggest premium carmaker said have not caused any accidents. "In some cars brake fluid has leaked into the ...
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Repsol To Sell 40% Of Brazil Assets To Sinopec
Wall Street Journal
(Updates with additional information on Brazilian offshore discoveries, background on Repsol, analyst comment and updated share price information.) By Santiago Perez, Simon Hall and Bernd Radowitz MADRID (Dow Jones)-- In one of the largest Chinese oil ...
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United, Continental Complete Merger to Form Largest Carrier
Bloomberg
By Mary Jane Credeur and Mary Schlangenstein - Fri Oct 01 12:19:23 GMT 2010 UAL Corp.'s United Airlines and Continental Airlines Inc. completed their $3.47 billion all- stock merger, forming the world's largest carrier and clearing the way to begin ...
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Fisher-Price Recall: Toys, Trikes, High Chairs Named (FULL LIST)
CBS News
(CBS) People who associate the name Fisher-Price with safe, wholesome fun for kids got a bit of a jolt this week, as the toy manufacturer announced the recall of 10.1 million potentially dangerous toys and high chairs due to potential hazards. ...
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CBS News
Oil May Rise as Economy Growth Rebounds, Inventories Fall, Survey Shows
Bloomberg
By Mark Shenk - Fri Oct 01 04:00:01 GMT 2010 Crude oil may rise next week on speculation that US inventories will drop as the economic rebound accelerates, a Bloomberg News survey showed. Fifteen of 36 analysts, or 42 percent, forecast crude oil will ...
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RIP, TARP: Government Rescue Ends Sunday
ABC News
By MATTHEW JAFFE But the political ramifications of the Wall Street bailout live on -- and seem sure to haunt lawmakers come November. Supporters say the Troubled Asset Relief Program rescued the country from another Great Depression. ...
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