Google Readertag:google.com,2005:reader/user/01051173488600990633/bundle/Business NewsCNfO-9TEtq4CMark2012-02-24T14:16:04Ztag:google.com,2005:reader/item/070c2c2507cc4a142012-02-24T13:06:15Z2012-02-24T13:06:15Z

Hewlett-Packard Co. dropped the most in six months after the company’s fiscal second-quarter profit forecast fell short of analysts’ estimates as consumers curtailed personal-computer purchases.

(author unknown)tag:google.com,2005:reader/feed/http://www.businessweek.com/rss/bwdaily.rsstag:google.com,2005:reader/item/394650b4299d8ba92012-02-24T13:06:13Z2012-02-24T13:06:13Z

Profits in the Standard & Poor’s 500 Index are rising faster than its price, leaving the gauge 9 percent cheaper than it was in April even after American equities climbed within 0.1 percent of last year’s high.

(author unknown)tag:google.com,2005:reader/feed/http://www.businessweek.com/rss/bwdaily.rsstag:google.com,2005:reader/item/41c28e0716db50582012-02-24T13:08:42Z2012-02-24T13:08:42Z

Lloyds Banking Group Plc, Britain’s largest mortgage lender, posted a wider-than-estimated full-year loss on a weaker U.K. economy and said income will drop in 2012.

(author unknown)tag:google.com,2005:reader/feed/http://www.businessweek.com/rss/bwdaily.rsstag:google.com,2005:reader/item/8cfec4cae96b60ea2012-02-24T13:07:29Z2012-02-24T13:07:29Z

American International Group Inc., the bailed-out insurer, cited a return to “sustainable operating profit” as it booked a tax benefit that fueled record fourth-quarter earnings.

(author unknown)tag:google.com,2005:reader/feed/http://www.businessweek.com/rss/bwdaily.rsstag:google.com,2005:reader/item/c7bf0fbc7d750f492012-02-24T13:07:12Z2012-02-24T13:07:12Z

How much BP Plc will pay for the 2010 explosion of a Gulf of Mexico oil rig that killed 11 people and caused the largest offshore spill in U.S. history may rest in the hands of a former maritime lawyer who began his career representing sailors in personal-injury cases.

(author unknown)tag:google.com,2005:reader/feed/http://www.businessweek.com/rss/bwdaily.rsstag:google.com,2005:reader/item/78eff0a2a465ba402012-02-24T13:06:59Z2012-02-24T13:06:59Z

Aquarius Platinum Ltd., the fourth- largest producer of the metal, fell to a more than three-year low in Johannesburg as Zimbabwe rejected a joint proposal with Impala Platinum Holdings Ltd. to meet local ownership rules.

(author unknown)tag:google.com,2005:reader/feed/http://www.businessweek.com/rss/bwdaily.rsstag:google.com,2005:reader/item/605ceda05b533d6b2012-02-24T13:06:57Z2012-02-24T13:06:57Z

The U.K. economy shrank in the fourth quarter as companies scaled back investment, underscoring the risks to a recovery that Bank of England Governor Mervyn King says will be “slow and uncertain.”

(author unknown)tag:google.com,2005:reader/feed/http://www.businessweek.com/rss/bwdaily.rsstag:google.com,2005:reader/item/e8f337be04060e0f2012-02-24T12:39:15Z2012-02-24T12:39:15Z

Morgan Stanley, owner of the world’s biggest brokerage, is setting up a fixed-income group in Mexico as part of its expansion in Latin America, said Christopher Harland, the bank’s regional head.

(author unknown)tag:google.com,2005:reader/feed/http://www.businessweek.com/rss/bwdaily.rsstag:google.com,2005:reader/item/b3bf8ede806cd5042012-02-24T12:37:42Z2012-02-24T12:37:42Z

Republican presidential candidate Mitt Romney’s plan to cut income tax rates by 20 percent without increasing the U.S. budget deficit relies on unspecified assumptions about economic growth and unannounced details about the tax breaks he would curtail.

(author unknown)tag:google.com,2005:reader/feed/http://www.businessweek.com/rss/bwdaily.rsstag:google.com,2005:reader/item/68134a00ecc0b5a32012-02-24T12:37:03Z2012-02-24T12:37:03Z

The yen fell to a three-month low against the euro as foreign-exchange volatility at its lowest level since August 2008 and signs of global growth prompted buying of higher-yielding currencies.

(author unknown)tag:google.com,2005:reader/feed/http://www.businessweek.com/rss/bwdaily.rsstag:google.com,2005:reader/item/d9a1924a265d01712012-02-24T12:35:43Z2012-02-24T12:35:43Z

Rick Santorum tells voters he prayed to decide whether to run for president. God, opposition to abortion and the primacy of the traditional family are staples of his campaign stump speech. He’s standing by a comment he once made that Satan was targeting the U.S.

(author unknown)tag:google.com,2005:reader/feed/http://www.businessweek.com/rss/bwdaily.rsstag:google.com,2005:reader/item/1c15e957c2e3d48f2012-02-24T11:27:44Z2012-02-24T11:27:44Z

For the first time since Republicans won control of the U.S. House of Representatives in November 2010, there isn’t a major fiscal policy bill requiring the immediate attention of Congress.

(author unknown)tag:google.com,2005:reader/feed/http://www.businessweek.com/rss/bwdaily.rsstag:google.com,2005:reader/item/1e5f99ee42a94b212012-02-24T11:23:43Z2012-02-24T11:23:43Z

Prime Minister Vladimir Putin will probably win Russia’s presidential election in the first round on March 4, the independent Levada Center said in its last projection before the vote.

(author unknown)tag:google.com,2005:reader/feed/http://www.businessweek.com/rss/bwdaily.rsstag:google.com,2005:reader/item/36fc820e1d07f6f42012-02-24T13:05:43Z2012-02-24T13:05:43Z

At least four nations may challenge European Union plans to limit their power to regulate bank capital as governments seek a compromise on implementing global rules on the reserves lenders must keep to prevent a financial crisis, according to four people with knowledge of the matter.

(author unknown)tag:google.com,2005:reader/feed/http://www.businessweek.com/rss/bwdaily.rsstag:google.com,2005:reader/item/7f2a28c3539a11542012-02-24T11:45:58Z2012-02-24T11:45:58Z

Oil advanced a seventh day, the longest winning streak since January 2010, on signs of economic recovery from the U.S. to Germany and concern escalating tension with Iran threatens crude supplies.

(author unknown)tag:google.com,2005:reader/feed/http://www.businessweek.com/rss/bwdaily.rsstag:google.com,2005:reader/item/c1905421de5910d12012-02-24T11:45:28Z2012-02-24T11:45:28Z

Billabong International Ltd. is so beaten down that potential buyers could top TPG Capital’s offer for the Australian surf-wear company and still pay the lowest valuation for an apparel deal on record.

(author unknown)tag:google.com,2005:reader/feed/http://www.businessweek.com/rss/bwdaily.rsstag:google.com,2005:reader/item/6bc85fca9546906a2012-02-24T11:42:42Z2012-02-24T11:42:42Z

Primus Green Energy Inc., a biofuel company backed by Israel Corp., may hold an initial public offering of shares to raise cash to build a factory that turns plants into gasoline.

(author unknown)tag:google.com,2005:reader/feed/http://www.businessweek.com/rss/bwdaily.rsstag:google.com,2005:reader/item/d5c38757151e6ad62012-02-24T12:39:16Z2012-02-24T12:39:16Z

OAO Lukoil jumped in New York, pushing its premium over Moscow stock to the most in nine weeks, as signs U.S. and European economies are reviving drove Urals crude to the highest level in more than three years.

(author unknown)tag:google.com,2005:reader/feed/http://www.businessweek.com/rss/bwdaily.rsstag:google.com,2005:reader/item/25f131bda2a0ba112012-02-24T11:30:41Z2012-02-24T11:30:41Z

Even with the yen’s slide to a seven-month low this week, the currency remains too strong relative to Japan’s economic fundamentals, said former top currency official Takatoshi Kato.

(author unknown)tag:google.com,2005:reader/feed/http://www.businessweek.com/rss/bwdaily.rsstag:google.com,2005:reader/item/841d2ebc5ce768a02012-02-24T11:01:59Z2012-02-24T11:01:59Z

JPMorgan Chase & Co. has more than tripled its holdings of mortgage securities without U.S. government guarantees to $72 billion as the nation’s biggest bank bets on borrowers from outside the country it calls home.

(author unknown)tag:google.com,2005:reader/feed/http://www.businessweek.com/rss/bwdaily.rss