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Latest news for Environmental and Safety

New York State sues UBS, alleges auction-rate fraud (Reuters)

24-07-2008 13:50

A man walks past a UBS AG building in central London April 1, 2008. (Alessia Pierdomenico/Reuters)Reuters - New York Attorney General Andrew Cuomo filed a civil lawsuit on Thursday against UBS AG , accusing the Swiss bank of deceptively steering customers into auction-rate securities that this year became impossible to sell amid the credit crunch.

Microsoft to expand Facebook ad pact: source (Reuters)

24-07-2008 13:28

Microsoft Chief Executive Officer Steve Ballmer speaks during the launch ceremony of Microsoft's new research and development centre in Herzliya near Tel Aviv May 21, 2008. Ballmer on Thursday defended the company's need to make steep investments in its Internet business in order to compete with Google Inc and said such moves could boost its value in time. (Gil Cohen Magen/Reuters)Reuters - Microsoft Corp will announce plans to expand its relationship with online social network Facebook to provide web search and search advertising, a source familiar with the matter said on Thursday.

New York sues UBS, alleges auction-rate fraud (Reuters)

24-07-2008 12:47

A man walks past a UBS AG building in central London April 1, 2008. (Alessia Pierdomenico/Reuters)Reuters - New York Attorney General Andrew Cuomo filed a civil lawsuit on Thursday against UBS AG , accusing the Swiss bank of deceptively steering customers into auction-rate securities that this year became impossible to cash out of amid the credit crunch.

CFTC charges Optiver with oil-market manipulation (Reuters)

24-07-2008 11:41

Traders work in the oil options pit of the New York Mercantile Exchange March 11, 2008. (Chip East/Reuters)Reuters - The U.S. Commodity Futures Trading Commission on Thursday charged global trading fund Optiver Holding BV with manipulating the NYMEX oil market in March 2007.

Economic data, earnings, oil weigh on Wall St (Reuters)

24-07-2008 11:37

The sun lights the exterior of the New York Stock Exchange, as people walk past on the shadowed street, July 16, 2008. (Chip East/Reuters)Reuters - Stocks slid on Thursday as major earnings disappointed, oil prices halted their decline and data showing weakness in the economy added to concerns about the profit outlook.

Dow Chemical quarterly profit hurt by costs (Reuters)

24-07-2008 11:34

Dow Chemical's corporate headquarters in Midland, Michigan is seen in an undated handout photo. (Handout/Reuters)Reuters - Dow Chemical Co posted second-quarter earnings that fell short of market expectations as its price increases did not completely offset a sharp spike in energy and raw material costs.

Home sales at 10-year low, jobless claims jump (Reuters)

24-07-2008 11:05

A newly built home sits vacant with a 'for sale' sign in front, in the Courtland Ridge development in Alpine, Utah, March 26, 2008. (George Frey/Reuters)Reuters - Jobless claims jumped last week and the pace of existing home sales tumbled to a 10-year low as slowing growth hit hiring and a glut of unsold homes weighed on the real estate market, data on Thursday showed.

Pace of existing home sales falls to 10-year low (Reuters)

24-07-2008 10:31

A newly built home sits vacant with a 'for sale' sign in front, in the Courtland Ridge development in Alpine, Utah, March 26, 2008. (George Frey/Reuters)Reuters - Existing home sales fell more sharply than forecast in June and dragged the annual sales pace to a 10-year low, the National Association of Realtors said on Thursday.

Wall Street extends drops after housing data (Reuters)

24-07-2008 10:12

The sun lights the exterior of the New York Stock Exchange, as people walk past on the shadowed street, July 16, 2008. (Chip East/Reuters)Reuters - Stock extended losses on Thursday following a report that showed a steeper-than-expected drop in existing-home sales in June, heightening concern about the impact of the housing slump on economic growth.

Ford posts $8.7 billion loss on truck slump (Reuters)

24-07-2008 10:00

The sign outside a Ford dealership in Broomfield, Colorado July 23, 2008. (Rick Wilking/Reuters)Reuters - Ford Motor Co posted a $8.7 billion quarterly loss on Thursday as it wrote down the value of truck and SUV operations and cautioned that it did not expect to see a U.S. economic turnaround until 2010.

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