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            <![CDATA[ 570News: Recent  Business Articles]]>
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        <link>http://www.570news.com/business/rss</link>
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        <lastBuildDate>Fri, 03 Feb 2012 23:44:49 -0400</lastBuildDate>
        
        
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                      <title><![CDATA[Icon in the photography industry files for bankruptcy protection]]></title>
                     <description><![CDATA[It's been rumoured for weeks and photography icon Eastman Kodak has now filed for Chapter 11 bankruptcy protection.]]></description>
                      <link>http://www.570news.com/business/article/321376--icon-in-the-photography-industry-files-for-bankruptcy-protection</link>
                      <category>News</category>
                      <pubDate>Thu, 19 Jan 2012 07:45:57 -0400</pubDate>
                      <guid isPermaLink="false">321376</guid>
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                      <title><![CDATA[Steve Jobs, 1955-2011]]></title>
                     <description><![CDATA[CUPERTINO, Calif. - Apple says the company's co-founder Steve Jobs has died. He was 56. Submit your condolences &nbsp;&nbsp;&nbsp;]]></description>
                      <link>http://www.570news.com/business/article/285388--steve-jobs-1955-2011</link>
                      <category>News</category>
                      <pubDate>Thu, 06 Oct 2011 06:44:13 -0400</pubDate>
                      <guid isPermaLink="false">285388</guid>
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                      <title><![CDATA[Federal budget highlights]]></title>
                     <description><![CDATA[OTTAWA - Highlights of the 2011-12 federal budget: - Total spending of $278.7 billion (includes $33 billion in debt payments), up one per cent from 2010-11. - Total debt of $586 billion, up $29.6 billion from 2010-11.]]></description>
                      <link>http://www.570news.com/news/national/article/201183--federal-budget-highlights</link>
                      <category>News</category>
                      <pubDate>Tue, 22 Mar 2011 16:11:36 -0400</pubDate>
                      <guid isPermaLink="false">201183</guid>
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                      <title><![CDATA[Norway's Statoil increases Alaska holdings with ConocoPhillips deal]]></title>
                     <description><![CDATA[OSLO, Norway - Norwegian oil company Statoil ASA said Monday that its U.S. subsidiary has acquired a 25 per cent share in 50 ConocoPhillips oil leases in the Chukchi Sea off northwestern Alaska. In exchange, Statoil will pay an undisclosed sum and shares in its Gulf of Mexico operations. The]]></description>
                      <link>http://www.570news.com/business/article/20478--norway-s-statoil-increases-alaska-holdings-with-conocophillips-deal</link>
                      <category>News</category>
                      <pubDate>Mon, 25 Jan 2010 15:35:31 -0400</pubDate>
                      <guid isPermaLink="false">20478</guid>
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                      <title><![CDATA[Dundee selling Timok gold project in Serbia to PJV Resources and Rodeo Capital]]></title>
                     <description><![CDATA[TORONTO - Dundee Precious Metals Inc. (TSX:DPM) said Monday it plans to sell its Timok gold project in Serbia. The sale, to privately owned PJV Resources Inc. and publicly traded Rodeo Capital Corp., will be conducted through the sale of Dundee's Serbian subsidiary, Dundee Plemeniti Metali d.o.o]]></description>
                      <link>http://www.570news.com/business/article/20458--dundee-selling-timok-gold-project-in-serbia-to-pjv-resources-and-rodeo-capital</link>
                      <category>News</category>
                      <pubDate>Mon, 25 Jan 2010 15:25:00 -0400</pubDate>
                      <guid isPermaLink="false">20458</guid>
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                      <title><![CDATA[Hewlett-Packard Co. partners with UK's Omnifone to launch digital music service in Europe]]></title>
                     <description><![CDATA[LONDON - Hewlett-Packard Co. said Monday it was partnering with U.K. mobile music startup Omnifone Ltd. to launch a subscription music service on its personal computers in Europe, moving into a market dominated by Apple Inc.'s iTunes. Under the partnership, HP will offer a digital music service]]></description>
                      <link>http://www.570news.com/business/article/20456--hewlett-packard-co-partners-with-uk-s-omnifone-to-launch-digital-music-service-in-europe</link>
                      <category>News</category>
                      <pubDate>Mon, 25 Jan 2010 14:35:33 -0400</pubDate>
                      <guid isPermaLink="false">20456</guid>
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                      <title><![CDATA[W.Va. DuPont worker dies after exposure to chemical phosgene; Belle plant shut temporarily]]></title>
                     <description><![CDATA[Federal officials are investigating a series of leaks that shut down a DuPont chemical plant in West Virginia and resulted in the death of one worker. DuPont officials temporarily stopped production at the sprawling Belle plant over the weekend after three leaks were reported. One leak went unno]]></description>
                      <link>http://www.570news.com/business/article/20450--w-va-dupont-worker-dies-after-exposure-to-chemical-phosgene-belle-plant-shut-temporarily</link>
                      <category>News</category>
                      <pubDate>Mon, 25 Jan 2010 14:15:30 -0400</pubDate>
                      <guid isPermaLink="false">20450</guid>
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                      <title><![CDATA[Toronto Stock Exchange reviews Mega Brands shares for potential delisting]]></title>
                     <description><![CDATA[TORONTO - The Toronto Stock Exchange says it is reviewing the shares of Montreal-based toy maker Mega Brands (TSX:MB) for possible delisting. The country's largest stock market said Monday that Mega Brands will have 120 days to regain compliance with continued listing requirements. Mega Brand]]></description>
                      <link>http://www.570news.com/business/article/20335--toronto-stock-exchange-reviews-mega-brands-shares-for-potential-delisting</link>
                      <category>News</category>
                      <pubDate>Mon, 25 Jan 2010 12:54:00 -0400</pubDate>
                      <guid isPermaLink="false">20335</guid>
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                      <title><![CDATA[Walmart shares move ahead after job cuts at its Sam's Club stores]]></title>
                     <description><![CDATA[NEW YORK - Shares of Walmart Stores Inc. (NYSE:WMT) moved ahead Monday morning in the first trading since the retail giant announced on the weekend that it's slashing 11,200 jobs at Sam's Club warehouse stores. In New York, Walmart stock lifted 20.5 cents to US$53.14, as other U.S. retailers als]]></description>
                      <link>http://www.570news.com/business/article/20370--walmart-shares-move-ahead-after-job-cuts-at-its-sam-s-club-stores</link>
                      <category>News</category>
                      <pubDate>Mon, 25 Jan 2010 10:55:31 -0400</pubDate>
                      <guid isPermaLink="false">20370</guid>
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                      <title><![CDATA[Home sales plunge nearly 17 per cent in December after tax credit deadline extended]]></title>
                     <description><![CDATA[WASHINGTON - Sales of previously occupied homes in the United States took the largest monthly drop in more than 40 years last month, plunging far deeper than expected after lawmakers gave buyers extended time to use a tax credit. The National Association of Realtors says sales fell 16.7 per cent]]></description>
                      <link>http://www.570news.com/business/article/20362--home-sales-plunge-nearly-17-per-cent-in-december-after-tax-credit-deadline-extended</link>
                      <category>News</category>
                      <pubDate>Mon, 25 Jan 2010 10:35:32 -0400</pubDate>
                      <guid isPermaLink="false">20362</guid>
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                      <title><![CDATA[Thompson Creek expects net loss for 2009 due to change in accounting measures]]></title>
                     <description><![CDATA[TORONTO - Molybdenum producer Thompson Creek Metals (TSX:TCM) says its previously announced switch to U.S. accounting principles will require a different treatment for the warrants it has issued and that will result in a net loss for fiscal 2009. The 24.5 million warrants outstanding had a total]]></description>
                      <link>http://www.570news.com/business/article/20360--thompson-creek-expects-net-loss-for-2009-due-to-change-in-accounting-measures</link>
                      <category>News</category>
                      <pubDate>Mon, 25 Jan 2010 10:35:32 -0400</pubDate>
                      <guid isPermaLink="false">20360</guid>
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                      <title><![CDATA[Dubai-based port operator DP World says 2009 pre-tax profits hit by drop in trade]]></title>
                     <description><![CDATA[CAIRO, Egypt - Port operator DP World, the subsidiary of debt-saddled Dubai conglomerate Dubai World, said Monday its 2009 per-tax profits fell as the global recession led to a decline in container volumes. Dubai-based DP World said container volumes for the full year fell 8 per cent across its]]></description>
                      <link>http://www.570news.com/business/article/20298--dubai-based-port-operator-dp-world-says-2009-pre-tax-profits-hit-by-drop-in-trade</link>
                      <category>News</category>
                      <pubDate>Mon, 25 Jan 2010 07:05:36 -0400</pubDate>
                      <guid isPermaLink="false">20298</guid>
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                      <title><![CDATA[European stocks steady as US heads for solid open]]></title>
                     <description><![CDATA[LONDON - European stock markets traded in a narrow range Monday as expectations of a rebound on Wall Street helped limit ongoing fallout from President Barack Obama's plan to curb bank risk-taking. The FTSE 100 index of leading 100 shares was up 16.60 points, or 0.3 per cent, at 5,319.59 while G]]></description>
                      <link>http://www.570news.com/business/article/20270--european-stocks-steady-as-us-heads-for-solid-open</link>
                      <category>News</category>
                      <pubDate>Mon, 25 Jan 2010 06:35:31 -0400</pubDate>
                      <guid isPermaLink="false">20270</guid>
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                      <title><![CDATA[Survey shows German consumer confidence sliding amid fears of higher unemployment]]></title>
                     <description><![CDATA[BERLIN - Fears that Germany's economic recovery is weakening and unemployment will rise have led to a fourth consecutive monthly slip in consumer confidence, a survey found Monday. The GfK research group said its forward-looking consumer climate index for February stood at 3.2 points - down from]]></description>
                      <link>http://www.570news.com/business/article/20271--survey-shows-german-consumer-confidence-sliding-amid-fears-of-higher-unemployment</link>
                      <category>News</category>
                      <pubDate>Mon, 25 Jan 2010 05:05:36 -0400</pubDate>
                      <guid isPermaLink="false">20271</guid>
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                      <title><![CDATA[Italian confectioner Ferrero formally rules out bid for Cadbury]]></title>
                     <description><![CDATA[LONDON - Italian confectioner Ferrero International SA on Monday formally declared that it would not make a takeover bid for Cadbury PLC. That left Kraft Foods Inc. with no one contesting its 11.5 billion-pound ($19.5 billion) bid for Cadbury. The announcement came on the deadline for Ferrero to]]></description>
                      <link>http://www.570news.com/business/article/20269--italian-confectioner-ferrero-formally-rules-out-bid-for-cadbury</link>
                      <category>News</category>
                      <pubDate>Mon, 25 Jan 2010 05:05:36 -0400</pubDate>
                      <guid isPermaLink="false">20269</guid>
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                      <title><![CDATA[Forecasters say businesses expect to boost hiring and capital spending in the 2010 first half]]></title>
                     <description><![CDATA[NEW YORK - Businesses expect to boost hiring and capital spending in the first half of the year as the U.S. recovery from the recession slowly continues, according to a new survey. Since the fall of 2009 demand has edged higher in the goods-producing, finance and real estate industries, while ot]]></description>
                      <link>http://www.570news.com/business/article/20254--forecasters-say-businesses-expect-to-boost-hiring-and-capital-spending-in-the-2010-first-half</link>
                      <category>News</category>
                      <pubDate>Mon, 25 Jan 2010 01:55:29 -0400</pubDate>
                      <guid isPermaLink="false">20254</guid>
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                      <title><![CDATA[Taiwan to open key trade talks with China amid jousting between supporters and opponents]]></title>
                     <description><![CDATA[TAIPEI, Taiwan - Taiwan and China open negotiations Tuesday in Beijing on a trade pact that seems destined to change the island's character in a way not seen since it split from the Chinese mainland amid civil war 60 years ago. The accord seeks to add momentum to Taiwan's already improving relat]]></description>
                      <link>http://www.570news.com/business/article/20253--taiwan-to-open-key-trade-talks-with-china-amid-jousting-between-supporters-and-opponents</link>
                      <category>News</category>
                      <pubDate>Mon, 25 Jan 2010 01:55:28 -0400</pubDate>
                      <guid isPermaLink="false">20253</guid>
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                      <title><![CDATA[Chrysler turnaround depends on remaking car brands, turning heads]]></title>
                     <description><![CDATA[AUBURN HILLS, Mich. - Chrysler sold more than 118,000 Sebring sedans in 2001. Eight years later, the automaker barely sold 27,000 as its bankruptcy filing sent customers fleeing to the car's newer, better competitors. Chrysler now has a turnaround plan that promises improved quality and a stream]]></description>
                      <link>http://www.570news.com/business/article/20193--chrysler-turnaround-depends-on-remaking-car-brands-turning-heads</link>
                      <category>News</category>
                      <pubDate>Mon, 25 Jan 2010 01:39:00 -0400</pubDate>
                      <guid isPermaLink="false">20193</guid>
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                      <title><![CDATA[Mozilla leader worries that legal restrictions could limit Internet growth]]></title>
                     <description><![CDATA[MUNICH, Germany - The leader of the Mozilla Project, whose Firefox Web browser now has 350 million users, said Sunday that she is concerned that legal restrictions could limit Internet expansion. Mitchell Baker said she worried about "the increase in laws that make it difficult to run an open ne]]></description>
                      <link>http://www.570news.com/business/article/20221--mozilla-leader-worries-that-legal-restrictions-could-limit-internet-growth</link>
                      <category>News</category>
                      <pubDate>Sun, 24 Jan 2010 20:55:28 -0400</pubDate>
                      <guid isPermaLink="false">20221</guid>
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                      <title><![CDATA[A Bernanke defeat could raise risk of 'double dip' recession, but approval seems more likely]]></title>
                     <description><![CDATA[WASHINGTON - A defeat of Federal Reserve Chairman Ben Bernanke's quest for another four-year term could raise the risk of a "double dip" recession if political jousting over a successor were to drag on for months, economists warn. But Bernanke's prospects appeared to brighten Sunday, with three]]></description>
                      <link>http://www.570news.com/business/article/20223--a-bernanke-defeat-could-raise-risk-of-double-dip-recession-but-approval-seems-more-likely</link>
                      <category>News</category>
                      <pubDate>Sun, 24 Jan 2010 20:55:28 -0400</pubDate>
                      <guid isPermaLink="false">20223</guid>
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                      <title><![CDATA[Wal-Mart Stores cuts about 11,200 Sam's Club jobs nationwide as it outsources product sampling]]></title>
                     <description><![CDATA[NEW YORK - Wal-Mart Stores Inc. will cut about 11,200 jobs at Sam's Club warehouses as it turns over the task of in-store product demonstrations to an outside marketing company. The move is an effort to improve sales at Sam's Club, which has underperformed the company's namesake stores in the U.]]></description>
                      <link>http://www.570news.com/business/article/20155--wal-mart-stores-cuts-about-11-200-sam-s-club-jobs-nationwide-as-it-outsources-product-sampling</link>
                      <category>News</category>
                      <pubDate>Sun, 24 Jan 2010 20:34:00 -0400</pubDate>
                      <guid isPermaLink="false">20155</guid>
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                      <title><![CDATA[Homebuilders look to investment funds for a lifeline as banks curtail construction lending]]></title>
                     <description><![CDATA[LAS VEGAS - Take a risk. Put some money on the line. See what happens. It's a scenario that plays out daily in this gambling mecca. But even by Las Vegas standards, some of the riskiest action last week was happening far from the shimmery din of slot machines and blackjack tables. More than a]]></description>
                      <link>http://www.570news.com/business/article/20212--homebuilders-look-to-investment-funds-for-a-lifeline-as-banks-curtail-construction-lending</link>
                      <category>News</category>
                      <pubDate>Sun, 24 Jan 2010 19:05:28 -0400</pubDate>
                      <guid isPermaLink="false">20212</guid>
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                      <title><![CDATA[Airbus confirms minor technical glitch on A400M maiden flight]]></title>
                     <description><![CDATA[PARIS, France - The Airbus A400M military transport plane experienced a software glitch during its first test flight in December, but the problem was minor, the European planemaker said Sunday. The technical glitch was not reported when the four-engine turboprop aircraft - over-budget and behind]]></description>
                      <link>http://www.570news.com/business/article/20194--airbus-confirms-minor-technical-glitch-on-a400m-maiden-flight</link>
                      <category>News</category>
                      <pubDate>Sun, 24 Jan 2010 17:25:32 -0400</pubDate>
                      <guid isPermaLink="false">20194</guid>
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                      <title><![CDATA[Venezuela's Orinoco area holds vast supply of crude, US Geological Survey says]]></title>
                     <description><![CDATA[CARACAS, Venezuela - Venezuela's Orinoco Oil Belt is one of the world's largest known oil deposits, and the U.S. Geological Survey says in a new estimate that it likely holds 513 billion barrels of recoverable heavy crude - nearly twice as much as the proven reserves of Saudi Arabia. The USGS sa]]></description>
                      <link>http://www.570news.com/business/article/19906--venezuela-s-orinoco-area-holds-vast-supply-of-crude-us-geological-survey-says</link>
                      <category>News</category>
                      <pubDate>Fri, 22 Jan 2010 21:25:31 -0400</pubDate>
                      <guid isPermaLink="false">19906</guid>
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                      <title><![CDATA[Obama confident, but White House still works to secure Bernanke votes]]></title>
                     <description><![CDATA[WASHINGTON - Federal Reserve chairman Ben Bernanke faced mounting Senate opposition for another four-year term Friday, and the White House worked aggressively to keep his nomination afloat. President Barack Obama's chief of staff, Rahm Emanuel, and Treasury Secretary Timothy Geithner were on the]]></description>
                      <link>http://www.570news.com/business/article/19742--obama-confident-but-white-house-still-works-to-secure-bernanke-votes</link>
                      <category>News</category>
                      <pubDate>Fri, 22 Jan 2010 21:05:36 -0400</pubDate>
                      <guid isPermaLink="false">19742</guid>
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