Alcoa posts first-quarter profit | NEW YORK (Reuters) - Aluminum producer Alcoa Inc on Tuesday reported a first-quarter profit after a loss in the fourth quarter of 2011 as a result of improved market conditions. | | | | | | Best Buy CEO out as more shoppers move online | (Reuters) - Best Buy Co Chief Executive Brian Dunn is stepping down from the world's largest consumer electronics chain, which said it is looking for a new CEO to help it better compete against Internet retailers and discounters. | | | | | | February job openings rise to 3.5 million | WASHINGTON (Reuters) - The number of unemployed American workers for every job opening fell in February to its lowest since late 2008, pointing to ongoing healing in the still-weak labor market. | | | | Wholesale stocks rise boosts Q1 GDP forecasts | WASHINGTON (Reuters) - Wholesale inventories rose solidly in February as petroleum recorded the biggest increase in a year, prompting analysts to raise their estimates for first-quarter economic growth. | | | | | | Fannie, Freddie loan write downs possible: regulator | WASHINGTON (Reuters) - The regulator for Fannie Mae and Freddie Mac said on Tuesday it might make sense for the housing finance companies to write down loan principal under an Obama administration plan, but further study was needed. | | | | Top Goldman Sachs dealmaker Zaoui to retire | LONDON (Reuters) - Veteran Goldman Sachs dealmaker Yoel Zaoui is set to retire, the latest in a series of high profile departures from investment banks shaking up top management in the wake of the financial crisis. | | | | | | Sony sees record $6.4 billion loss on tax hit | TOKYO (Reuters) - Japan's Sony Corp flagged a record $6.4 billion annual net loss, double an earlier forecast and a fourth straight year of red ink, as it writes off deferred tax credits, heaping more pressure on its new CEO to turn around the electronics giant. | | | | | | Nike, Reebok settle Tim Tebow apparel dispute | (Reuters) - Nike Inc and Reebok International Ltd have settled a lawsuit over the right to sell New York Jets football apparel bearing the name of the Jets' new quarterback, Tim Tebow. | | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |
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