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Stocks rise on data, S&P tops 1,500 (Reuters)

Posted on May 3rd, 2007. About Business.

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A General Motors employee in a file photo. U.S. stocks rose on Thursday, sending the S and P 500 past the 1,500 mark, after a report showed the U.S. service sector expanded at a greater-than-expected rate in April, suggesting strength in the economy. (J.P. Moczulski/Reuters)Reuters - The Standard & Poor's 500 index broke through 1,500 for the first time since September 2000 on Thursday after a series of indicators showed signs of strength in the economy without fanning fears of inflation.


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BP study lambasts firm's corporate culture (Reuters)

Posted on May 3rd, 2007. About Business.

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The BP logo in an undated file photo. An internal report into a deadly explosion at BP Plc's Texas refinery sharply criticized the company's global management culture and recommended the firing of four executives, according to a copy of the report released to the media. (Kieran Doherty/Reuters)Reuters - An internal report into a deadly explosion at BP Plc's Texas refinery sharply criticized the company's global management culture and recommended the firing of four executives, according to a copy of the report released to the media.


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OfficeMax shares sink after profit miss (AP)

Posted on May 3rd, 2007. About Business.

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AP - OfficeMax Inc. said Thursday it swung to a first-quarter profit, but retail sales declined and results fell short of analyst expectations. Its stock tumbled as much as 16 percent.

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Media in focus as Wall St gains (FT.com)

Posted on May 3rd, 2007. About Business.

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FT.com - Wall Street stocks were higher at midmorning on Wednesday, boosted by better-than-expected earnings from a number of companies, while the media sector remained in the spotlight.

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Network Marketing For Believers And Non Believers Alike Posted By : The Cayman Host

Posted on May 3rd, 2007. About Ebooks Marketing.

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There are thousands of experts out there who will tell you how to succeed with network marketing. Some of them really do know what theyre talking about, even if their message is often delivered in that rather consultant speak manner that makes so many of us cringe and shy away.

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Berkshire holdings to face scrutiny (AP)

Posted on May 3rd, 2007. About Business.

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Investor Warren Buffett plays bridge with shareholders May 7, 2006, during the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Buffett usually attracts most of the spotlight when the holding company he built is in the news, leaving many pieces of Berkshire Hathaway Inc. hidden in the shadows. The company's list of more than 60 holdings includes the Helzberg jewelry stores, Fruit of the Loom, Spalding, World Book encyclopedias and many other businesses. And Berkshire holds large blocks of stock in Coca-Cola, Wal-Mart, Anheuser-Busch and other companies.(AP Photo/Nati Harnik)AP - The mix of companies and investments billionaire Warren Buffett’s company holds makes some people think investing in Berkshire Hathaway Inc. is a bit like buying shares of a mutual fund that emphasizes insurance. But some analysts say that’s not the right way to think of the Omaha-based company because it owns more than 60 different companies outright in addition to its $61.5 billion investment portfolios.


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Services growth jumps, productivity solid (Reuters)

Posted on May 3rd, 2007. About Business.

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Construction workers at the site of a new condominium in Washington in this September 8, 2006 file photo. Business productivity grew a greater-than-expected 1.7 percent in the first three months of 2007 but labor costs rose far less than forecast, a Labor Department report showed on Thursday. (Kamenko Pajic/Reuters)Reuters - The vast services sector expanded at a faster pace than expected in April and productivity improved more than forecast in the first quarter, reports showed on Thursday, easing concerns about economic weakness and inflation.


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Dutch court tells ABN to freeze LaSalle sale (Reuters)

Posted on May 3rd, 2007. About Business.

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Judge Huub Willems reads his ruling to freeze the $21 billion sale of LaSalle to Bank of America in Amsterdam May 3, 2007. (Jerry Lampen/Reuters)Reuters - A Dutch court ruled on Thursday that ABN AMRO must freeze its $21 billion sale of U.S. unit LaSalle to Bank of America , opening up the possibility of a rival bid for the Netherlands' biggest bank.


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