Business & Finance news ...

How some textile mills sidestepped Armageddon
Wed, 30 Jun 2010 16:44:57 -0400
WALNUT COVE, North Carolina (Reuters) - To get an idea of how some U.S. textile mills can compete with developing-world rivals who pay far lower wages, roll a bowling ball down one of the production lines at Parkdale Mills' Walnut Cove yarn plant.

Special Report: How some textile mills sidestepped Armageddon
Tue, 29 Jun 2010 01:58:18 -0400
WALNUT COVE, North Carolina (Reuters) - To get an idea of how some U.S. textile mills can compete with developing-world rivals who pay far lower wages, roll a bowling ball down one of the production lines at Parkdale Mills' Walnut Cove yarn plant.

Genzyme, Icahn reach accord, ending proxy fight
Wed, 09 Jun 2010 15:49:51 -0400
BOSTON (Reuters) - Activist investor Carl Icahn has abandoned his proxy fight at Genzyme Corp in return for the biotechnology company's acceptance of two of his representatives to its board.

At UPS hub, touch a package, pay for college
Wed, 26 May 2010 14:04:28 -0400
LOUISVILLE, Kent. (Reuters) - In the depths of what United Parcel Service calls its "Primary Matrix," not a soul stands alongside the intricate grid of belts 155 miles long conveying more than a million packages into and out of the hub here daily.

U.S. bank leader sees new rules passing
Mon, 26 Apr 2010 17:22:33 -0400
WASHINGTON (Reuters) - Republicans will eventually vote for financial reform, paving the way for the completion this year of a massive rewrite of rules for banks and financial markets, the head of the American Bankers Association said on Monday.

U.S. business risks from volcano smolder
Mon, 19 Apr 2010 19:16:33 -0400
NEW YORK (Reuters) - U.S. sellers of everything from cosmetics to cruises to car rentals were scrambling for options after a tower of ash from an Icelandic volcano turned much of Europe into a no-fly zone.

Yuan rise would drive U.S. companies' China profits
Mon, 05 Apr 2010 18:30:25 -0400
CHICAGO (Reuters) - U.S. companies selling everything from soft drinks to cars to millions of Chinese are seen as potential investments for those weighing the likelihood of a yuan revaluation by Beijing.

Ex-VP sues Goldman over "mommy track"
Wed, 24 Mar 2010 16:14:14 -0400
NEW YORK (Reuters) - Goldman Sachs Group Inc was sued for alleged bias by a former vice president, who said the Wall Street bank consigned her to a "mommy track" that led to her firing while she was on maternity leave.

China in a dilemma as home prices soar
Wed, 17 Feb 2010 03:02:37 -0500
SHENZHEN, China (Reuters) - In the hard, exhaust-choked reality of his days trawling Longhua's clogged roads, taxi driver Zhang Bo's ambition to buy a small flat for his young family has slipped out of reach for now.

Social, economic dilemma for China as home prices soar
Tue, 16 Feb 2010 19:07:01 -0500
SHENZHEN, China (Reuters) - In the hard, exhaust-choked reality of his days trawling Longhua's clogged roads, taxi driver Zhang Bo's ambition to buy a small flat for his young family has slipped out of reach for now.

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