Hot finance topics

Stocks are closing higher for the third day in a row on hopes that European leaders are moving closer to a plan to contain that region’s debt crisis.
Germany’s chancellor Angela Merkel said her country would do whatever it could to help Greece. Greece’s finance minister also said that country would receive the next round of […]

TORONTO

President Barack Obama is on the road selling his jobs plan _ and his re-election hopes _ to plugged-in networkers in Silicon Valley and around the country.
He was to appear Monday at a town hall-style event hosted by the career-focused social networking site LinkedIn to pitch his nearly $450 billion jobs proposal as he travels […]

ST. LOUIS - The first international cargo flight from China landed at Lambert International Airport today.
The China cargo Boeing 777 landed at 3:50 p.m. Local leaders said they hoped it would be the first of many cargo flights from China at the airport.
Helping attract a cargo hub at Lambert is one of the issues being […]

Nike Inc. reported its fiscal first-quarter profit rose 15 percent as demand grew for its sneakers and athletic apparel in nearly every market worldwide despite an uncertain global economy.
The results, which were reported after the close of the stock market on Thursday, beat Wall Street’s expectations and sent its shares up in after-hours trading.
Under the […]

A Spanish union official says Madrid teachers are staying off the job in massive numbers on the second day of a strike over staff cuts.
Colleagues in the northwest region of Galicia also went on strike.
Virginia Fernandez of the UGT union says official numbers for Madrid are not in but it seems Wednesday’s strike is about […]

Dan Chan, with a B-plus average and only a few volunteering credentials, wasn’t optimistic when he applied for a $20,000 scholarship at Ryerson University. But he took the time to fill out a submission, highlighting his achievements, and received one of the awards for the 2010 year.
Nobody was more surprised than the recent MBA graduate, […]

ST. LOUIS

European Union finance ministers are debating a tax on financial transactions that would raise money for the EU and make banks share bailout burdens with taxpayers.
The tax would take a tiny fraction from a wide range of financial dealings and use the money to relieve member states’ membership contributions to the EU.
France and Germany support […]

The head of the International Monetary Fund called Thursday for bold and collective action to combat a slowing global economy and a worsening European debt crisis.
IMF Managing Director Christine Lagarde also said she welcomed President Barack Obama’s U.S. job-creation plan in light of the unemployment crisis in the United States.
Lagarde will preside at her first […]