Business - Houston Chronicle - 2010-09-07 18:02:16.

Stocks fall as worries about European debt return

stocks+fall+as+worries+about+european+debt+returnNEW YORK — Stocks closed lower Tuesday following new worries about Europe's debt problems. Treasury prices rose and gold settled at a new high as investors sought out safe assets.


 

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Business - Los Angeles Times - 2010-09-07 17:32:05.

Obama seeks massive tax break for business

Companies could save $200 billion by writing off capital investment. The president also announces a $50-billion spending plan for roads, runways and railroads.

President Obama this week will call for tax incentives that would allow businesses to write off 100% of new capital investment through 2011 — moves that the White House says could save businesses $200 billion over two years.


 

Business - Los Angeles Times.

HP sues ex-HP CEO Hurd over new job at Oracle

Hewlett-Packard Co. is suing the chief executive it ousted last month, Mark Hurd, to stop him from taking a top job at rival Oracle Corp.


 

Business - Los Angeles Times.

David Westin leaving as president of ABC News, no successor named

David Westin, the longtime president of ABC News who spent much of his tenure managing newsroom upheaval and most recently a round of brutal cuts, announced he is leaving the network at the end of the year.


 

Business - Los Angeles Times.

European Union OKs new financial oversight deal

European Union nations agreed to create new financial oversight institutions Tuesday, hoping to prevent a repeat of the government debt crisis that nearly left Greece bankrupt and brought the European banking system to its knees.


Business - Los Angeles Times.

Stocks close down as worries about European debt return

Stocks closed lower Tuesday following new worries about Europe's debt problems. Treasury prices rose and gold settled at a new high as investors sought out safe assets.


 

 

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