Business Stories from September 28, 2012 (Change date)
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AMR cash, short-term investments fell by $805 million in AugustOct 02, 2012 5:38 pm - AMR Corp.’s unrestricted cash and short-term investments fell by $805 million in August, the parent of American Airlines Inc. said in an operating report. The net loss f...
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Newsprint baron Brant pledges Warhols to revive family businessSep 28, 2012 11:33 am - Peter Brant, a one-time billionaire and an early patron of artist Andy Warhol, is using part of his contemporary art collection to help recapitalize the family newsprint...
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Facebook has 63.5 Million users skirting China banOct 02, 2012 5:38 pm - Facebook Inc. and Twitter Inc. have millions of users in China, the world's largest Internet market, where the social networking services are banned, according to the re...
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Merkel’s spokesman: Germany leaving euro ‘absurd’Sep 28, 2012 11:33 am - BERLIN — Chancellor Angela Merkel’s spokesman has dismissed the idea of Germany abandoning the euro as “absurd.” Steffen Seibert was asked Friday about comments by Italy...
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Amtrada sees world Robusta coffee shortage in 2012-13 seasonOct 02, 2012 5:38 pm - Robusta coffee demand will exceed supplies in the season starting Oct. 1 in most countries, with global usage increasing and a smaller crop in Vietnam, the world’s bigge...
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Walgreen fourth-quarter profit declines after losing customersOct 02, 2012 5:38 pm - Walgreen Co., the largest U.S. drugstore retailer, reported a decline in fiscal fourth-quarter earnings after the loss of customers to rivals hurt sales. Net income in t...
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Oil prices march upward for second daySep 28, 2012 7:53 am - BANGKOK — Hopes that the global economy might see some improvement after Spain announced far-reaching steps to fix its ailing economy helped keep oil prices on the upswi...
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Markets falter as focus remains on SpainSep 28, 2012 7:40 am - LONDON — Markets stuttered Friday as investors continued to fret over the economy of Spain, which this week announced big spending cuts it hopes will convince potential ...
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