Senate Republicans blocked a final vote on a bill to provide aid for small businesses Thursday, using procedural tactics to stymie President Obama's election-year agenda. Each side accused the other of playing politics.

Continue reading Senate Republicans Block Small Business Aid Bill

Senate Republicans Block Small Business Aid Bill originally appeared on DailyFinance on Thu, 29 Jul 2010 15:55:00.

In a paper titled "Seven Faces of the Peril," St. Louis Fed chief James Bullard lays out two possible paths for the U.S. economy. One is that the country falls into a Japanese-style, years-long rut of deflation.

Continue reading St. Louis Fed Chief James Bullard: Dueling With the Deflation Demon

St. Louis Fed Chief James Bullard: Dueling With the Deflation Demon originally appeared on DailyFinance on Thu, 29 Jul 2010 15:40:00.

AstraZeneca's core earnings per share rose 9% in the second quarter, helped by a strong performance in emerging markets. While the British pharmaceutical warned the rest of the year will be "challenging," it also raised its 2010 earnings forecast for the third time this year.

Continue reading AstraZeneca Earnings Rise, and Future Looks Bright for New Drug Brillinta

AstraZeneca Earnings Rise, and Future Looks Bright for New Drug Brillinta originally appeared on DailyFinance on Thu, 29 Jul 2010 15:29:00.

Continue reading Citigroup Fined $75 Million to Settle Allegations that It Misled Investors

Citigroup Fined $75 Million to Settle Allegations that It Misled Investors originally appeared on DailyFinance on Thu, 29 Jul 2010 14:32:00.

Continue reading Trading in Cisco Shares Halted As Circuit Breaker Kicks In

Trading in Cisco Shares Halted As Circuit Breaker Kicks In originally appeared on DailyFinance on Thu, 29 Jul 2010 14:05:00.

In short, she found that federal law trumps the struck-down parts of Arizona's law because they imposed burdens on legal immigrants that only the federal government can impose, and because the law would force the U.S. government to reallocate resources away from its priorities, something states can't do.

Continue reading The Arizona Immigration Ruling: How Judge Bolton Made Her Calls

The Arizona Immigration Ruling: How Judge Bolton Made Her Calls originally appeared on DailyFinance on Thu, 29 Jul 2010 14:00:00.

As St. Louis Fed President James Bullard warns of the growing threat of Japanese-style deflation, investors need to rethink their strategies. In a video interview, market bear Gary Shilling looks at how to invest in an economy in which prices are falling.

Continue reading Gary Shilling: Investing Advice for a Deflationary Economy

Gary Shilling: Investing Advice for a Deflationary Economy originally appeared on DailyFinance on Thu, 29 Jul 2010 12:25:00.

On Thursday, Sanofi-Aventis reported its second-quarter net profit rose 7.6% to 2.48 billion euros, beating expectations. But the French drugmaker warned that earnings may fall for the full year, and it remained silent about its rumored plan to make a friendly bid for Genzyme.

Continue reading Sanofi-Aventis Earnings Beat Expectations, but No Word on Genzyme Bid

Sanofi-Aventis Earnings Beat Expectations, but No Word on Genzyme Bid originally appeared on DailyFinance on Thu, 29 Jul 2010 11:23:00.

The granite-bellied, cello-voiced Old Spice Man can bake cakes, refurbish kitchens and change pants instantaneously -- but can he sell Old Spice products? The answer is a qualified yes.

Continue reading The Old Spice Man Is a Hit with Viewers, but Can He Sell Products?

The Old Spice Man Is a Hit with Viewers, but Can He Sell Products? originally appeared on DailyFinance on Thu, 29 Jul 2010 11:15:00.

In the wake of Supreme Court ruling that restricted the use of the "honest services" statute as a basis for fraud convictions, former Enron CEO Jeff Skilling has joined the queue of high-profile corporate convicts asking for bail pending their fraud appeals.

Continue reading Legal Briefing: Ex-Enron Boss Jeff Skilling Wants Bail, Too

Legal Briefing: Ex-Enron Boss Jeff Skilling Wants Bail, Too originally appeared on DailyFinance on Thu, 29 Jul 2010 10:32:00.