Obituaries in the newsBen Ali WASHINGTON (AP) — Ben Ali, the founder of Ben’s Chili Bowl diner, a landmark in Washington’s black business and entertainment district and a frequent stop for politicians and celebrities, has died. He was 82. Latin American stocks gain on local credit moves, expected rate cutsMEXICO CITY — Latin American stocks rose Wednesday as investors focused on regional steps to ease credit and the likelihood of further interest rate cuts, lifting local markets higher in a rare contrast to falling U.S. equities. How the Dow Jones industrials and other major stock indexes fared in Wednesday’s tradingNagging worries about banks upended a stock rally Wednesday after Morgan Stanley and credit card issuer Capital One Financial Corp. posted lackluster quarterly reports. Investors have been worried about rising levels of souring debt on bank balance sheets. A late-session drop in bank stocks left Wall Street’s major benchmarks mixed. Bank stocks upend market rally as investors worry about rising levels of bad debtNEW YORK — Nagging worries about banks upended a stock market rally Wednesday. Falling bank stocks upend market rally as investors worry about rising levels of bad debtNEW YORK — Nagging worries about banks upended a stock market rally Wednesday. Crude settles near $49 as government reports show US uses least petroleum in a decadeNEW YORK — Oil prices increased Wednesday even though U.S. supplies continued to swell and Americans cut way back on energy consumption. Government data shows the country is using the least amount of petroleum in a decade. Stocks mostly rise as investors worry about banks but look to upbeat results from AT&T, BoeingNEW YORK — Nagging worries about banks dented some of the stock market’s gains Wednesday. A look at economic developments and activity in stock markets around the world WednesdayA look at economic developments and activity in major stock markets around the world Thursday: European, US stock markets gain as traders focus on upbeat earnings after Morgan Stanley upsetLONDON — European and U.S. stock markets rose Wednesday after investors put aside worries about investment bank Morgan Stanley’s wider-than-expected loss for the first quarter and responded to better earnings news from companies including Boeing Co. and Yahoo Inc. Wall Street reverses early losses as investors focus on upbeat results; AT&T, Boeing gainNEW YORK — Investors set aside worries about bank earnings Wednesday to focus on upbeat reports from industrial and technology companies. European, US stock markets slide as Morgan Stanley results fall short of expectationsLONDON — European and U.S. stock markets dropped Wednesday after investment bank Morgan Stanley reported a wider-than-expected loss for the first quarter and reduced its dividend. Stocks fluctuate in morning trading as Morgan Stanley results fall short of expectationsNEW YORK — Investors unnerved by mixed news from corporate earnings reports sent stocks mostly lower in early trading Wednesday. Stocks fall in early trading as Morgan Stanley results fall short of expectationsNEW YORK — Investors unnerved by mixed news from corporate earnings reports sent stocks lower in early trading Wednesday. Stock futures signal moderately lower open as investors examine flurry of quarterly resultsNEW YORK — Wall Street signaled the week’s back-and-forth could continue Wednesday as investors look to another batch of corporate profit reports for clues about the economy. Stock futures signal moderately lower open ahead of earnings from AT&T, Boeing and McDonald’sNEW YORK — Wall Street signaled the week’s back-and-forth will continue Wednesday as investors look to another batch of corporate profit reports for clues about the economy. European markets higher as banks buoyed by US Treasury comments; investors await UK budgetLONDON — European markets were cautiously higher Wednesday, as overnight comments from the U.S. Treasury chief pushed up banking stocks and investors digested the British government’s new budget. European Union wants drastic cut in fishing fleet to build up dwindling fish stocksBRUSSELS — With almost all stocks overfished, the European Commission on Wednesday called for drastic cuts in the EU’s 90,000-strong fishing fleet and subsidies to safeguard a sustainable and economically-viable fishing industry. Most Asian markets fall as banks hit after Geithner fails to ease financial fearsHONG KONG — Most Asian markets faltered again Wednesday, with China and Hong Kong shares tumbling almost 3 percent, as positive comments from the U.S. Treasury chief failed to reassure many investors about the health of the financial system. European stocks were slightly higher. Asia stocks mostly higher after Geithner says banks have enough capital, but fears remainHONG KONG — Asian stock markets stabilized Wednesday after the U.S. Treasury secretary said most of the country’s hard-hit banks have enough capital to weather the global financial crisis. Bank of New York Mellon, General Motors, Delta, Broadcom are big market movers TuesdayNEW YORK — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market: How the Dow Jones industrials and other major stock indexes fared in Tuesday’s tradingRising bank stocks pulled the market higher Tuesday after Treasury Secretary Timothy Geithner reassured investors about banks’ balance sheets. Geithner’s assertion that “the vast majority” of banks have enough capital pulled stocks from a slump that began with a sell-off Monday and spilled over into Tuesday morning. Banks pull Street from slump after Geithner says ‘vast majority’ of banks have enough capitalNEW YORK — Treasury Secretary Timothy Geithner convinced Wall Street to give banks another chance Tuesday. Oil languishes below $46 in Asia after US bank concerns send crude, stocks plungingSINGAPORE — Oil prices languished below $46 a barrel Tuesday in Asia after renewed doubts about the health of U.S. banks sent crude and stock markets tumbling. Asian stock markets tumble as worries about banking industry flare; HK off 3.7 pctHONG KONG — Asian stock markets tumbled Tuesday, with benchmarks in Tokyo and Hong Kong down 2-3 percent, after news of mounting bad loans at Bank of America rekindled worries about the financial system and halted Wall Street’s six-week rally. European markets traded higher. Oil hovers below $46 in Asia after US bank concerns send crude, stocks plungingSINGAPORE — Oil prices languished below $46 a barrel Tuesday in Asia after renewed doubts about the health of U.S. banks sent crude and stock markets tumbling. Most Asian markets inch higher as investors await earnings; China shares gain on Wen commentsHONG KONG — Asian stocks edged higher Monday as the Chinese premier’s positive assessment of the world’s third-largest economy helped soothe nerves ahead of key earnings reports from leading U.S. companies. European markets opened lower. |
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