Business News http://content.bimedia.net/business RSS Feed for Business News en-us Tue, 30 Jun 2009 22:33:31 GMT Ten or more face possible Madoff charges http://content.bimedia.net/business/49548182.html U.S. investigators say 10 or more people associated with imprisoned swindler Bernard Madoff could face criminal charges in the coming months, a law enforcement source said on Tuesday. AIG shareholders to elect new directors at meeting http://content.bimedia.net/business/49452567.html American International Group Inc, the insurer rescued by a series of federal bailouts, is set to pad out its shrinking board on Tuesday when a new slate of directors stands for election at its annual meeting. Consumer spending rises; mood improves http://content.bimedia.net/business/49204117.html U.S. consumer spending in May rose for the first time since February and savings hit a record high as federal stimulus measures boosted incomes, while consumer sentiment edged higher in June, bolstering the view that the economy was close to emerging from recession. Wall Street rallies on Bernanke relief, consumer shares http://content.bimedia.net/business/49121932.html Stocks rallied on Thursday as investors were relieved Fed Chairman Ben Bernanke withstood a barrage of pointed questions from Congress on the Bank of America-Merrill Lynch deal relatively unscathed. New TARP chief: Economy on mend, but vigilance needed http://content.bimedia.net/business/49039086.html The new overseer of the U.S. government's $700 billion bank bailout fund said on Wednesday an intently awaited program to cleanse toxic assets from banks' balance sheets should soon be ready to roll out. Americans struggle to pay for healthcare http://content.bimedia.net/business/48788437.html Americans are struggling to pay for healthcare in the ongoing economic recession, with a quarter saying they have had trouble in the past 12 months, according to a survey released on Monday. Smaller crowds greet new iPhone http://content.bimedia.net/business/48630807.html Apple Inc's latest iPhone hit stores on Friday with new features and faster speeds, drawing plenty of fans, if not the crowds that had swarmed the previous iPhone debuts. S&P, Nasdaq gain on Microsoft; stocks slip for week http://content.bimedia.net/business/48630552.html The S&P 500 and Nasdaq rose on Friday as positive broker comments on Microsoft boosted technology shares, but the major averages lost ground for the week for the first time in five weeks. Wall Street gains on upbeat data http://content.bimedia.net/business/48537497.html Stocks extended gains on Thursday after three days of losses as data on the job market and regional manufacturing revived hopes that the recession-hit economy is stabilizing. Nasdaq advances with tech, but banks curb Dow, S&P http://content.bimedia.net/business/48286857.html Technology shares buoyed the Nasdaq on Wednesday after positive broker comments on Qualcomm, but financial shares' losses held back the Dow and the S&P 500.