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Wall St slides on US slowdown concerns

  The Australian Business Briefing  
  omss, this is your Australian Business update for Tue Aug 31 08:25:43 EST 2010  
 
Wall St slides on US slowdown concerns
Wall Street UPDATE: Donna Kardos Yesalavich US stocks fell today after weak personal income and manufacturing data highlighted a slowdown in the US economic recovery.
 
No silver bullet to fix economy: Obama
Barack Obama Jared Favole PRESIDENT Barack Obama says his economic team is working to identify new measures to stimulate US growth but there is no "silver bullet".
 
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Google buy to help tackle Facebook
Google Scott Morrison GOOGLE has bought social games start-up SocialDeck, the latest in a series of acquisitions aimed at competing with Facebook.
 
Former MFS chief examined by court
Court Bridget Carter THE Michael King that arrived at the NSW Supreme Court yesterday was vastly different to the $3 million-a-year CEO of MFS.
 
Banks chase cash with high rates
banks Scott Murdoch THE major Australian banks are growing their retail deposit bases with high online introductory savings rates.
 
Dark clouds over small business
consumers ANALYSIS: Kathleen Madigan WHEN consumers sneeze, small businesses reach for the zinc tablets.
 
Leaders bemoan lack of political vision
people shadows Damon Kitney and Annabel Hepworth AS the chartered jet flew out on Sunday with the cream of the nation's corporate elite, many were asking the same question.
 
Financial Markets
Wall St slides on US slowdown concerns
Wall Street UPDATE: Donna Kardos Yesalavich US stocks fell today after weak personal income and manufacturing data highlighted a slowdown in the US economic recovery.
 
Oil slips on worries US struggling
Centro warns of hedging troubles
 
Financial Markets Coverage
 
Mining & Energy
Oil slips on worries US struggling
oil Jerry DiColo OIL settled slightly lower today, dropping after a three-session rally ahead of data expected to show that the US economy struggling.
 
Floods drain Beach profits
Infigen profits blowing in the wind
 
More Mining & Energy Coverage
 
Business Breaking News
 
08:22am Genzyme rejects $21bn Sanofi offer
08:22am Dollar opens lower on US spending data
07:52am No silver bullet to fix economy: Obama
07:22am Google buy to help tackle Facebook
07:12am Dark clouds over small business
06:43am New Holden runs on bio-ethanol
06:23am Wall St slides on US slowdown concerns
05:59am Oil slips on worries US struggling
04:27am Jews share same gene - German banker
12:00am Bluetooth option for friendlier keyboard
12:00am Dollar up on US optimism
12:00am Macquarie Uni on course for $200m in notes
12:00am Banks chase cash with high rates
12:00am Japan's loan move fails to impress
12:00am Stocks rise on Bernanke pledge
 
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Little guys prosper as NBN clouds outlook
WITH Telstra in a state of flux over the future of the NBN, emerging telcos have rung up upbeat numbers on the back of acquisitions.
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City Beat
A rumour about QBE succession
THE insurance industry rumour mill went into overdrive yesterday on reports Peter Harmer was to succeed Frank O'Halloran at QBE Insurance.
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Grain growers don't share Agrium vision
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Banking & Finance
Banks chase cash with high rates
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Healthcare
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Telecoms
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Transport & Logistics
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Highlights
No silver bullet to fix economy: Obama
Barack Obama Jared Favole PRESIDENT Barack Obama says his economic team is working to identify new measures to stimulate US growth but there is no "silver bullet".
 
Banks chase cash with high rates
Leaders bemoan lack of political vision
 
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