CAIRO, Egypt | OPEC oil ministers on Friday downplayed expectations of, but didn’t dismiss outright, an immediate output cut as they planned to meet for the third time in three months.
Economic news and earnings reports involving companies of regional interest: •MONDAY Cyber Monday for online retail sales
NEW YORK | Overseas shoppers who once arrived in the U.S. with empty suitcases to take back their holiday loot may decide to stay home this year amid high-priced airline tickets, unfavorable exchange rates and lingering economic woes.
Goldman Sachs Group Inc. won approval for a New York state banking license to transform into a bank holding company and take deposits.
The Federal Reserve reported Friday that commercial banks averaged $93.6 billion in daily borrowing this week. That was up from an average of $91.6 billion last week. The report also said investment firms borrowed an average of $52.4 billion from the Fed’s emergency loan program, up from an average of $50.2 billion the previous week.
Production at Japan’s vital manufacturers is sinking fast — and is projected to turn in its worst quarter ever — amid a plunge in global demand.
The public can testify Tuesday in Kansas City about proposed changes to Missouri law governing prepaid funeral plans.
For the Week: Soybeans .43 to .49 higher, Wheat .31 to .51 higher, Corn .08 to .18 higher, Sorghum .14 to .27 higher.
Wheat 4,956 bushels: 5 1/2 cents lower to 11 1/2 cents higher; No. 2 hard 5.02-5.21 1/2 n; No. 3 4.91-5.20 1/2 n; No. 2 red wheat 4.00-5.09 1/2 n; No. 3 red wheat 3.89-5.08 1/2 n. Corn 61,229 bushels: 4 1/2 cents lower to 5 1/2 cents lower; No. 2 white 3.66-3.82n; No. 2 yellow 3.35 3/4 -3.47 1/2 n; No. 3 yellow 3.15 3/4 -3.46 1/2 n. No. 2 milo 4.39-4.51n. Soybeans 52,006 bushels: 6 cents lower to 16 1/2 cents lower; No. 1 soybeans 8.31-8.52 1/2 n. Hoppers 125.00-130.00.
MUMBAI, India | The terrorist attacks that rocked India’s financial capital could depress stocks, dampen tourism and slow new investment in the near term.
Cbiz and Mayer Hoffman McCann PC have bought a New York-based accounting and management consulting firm, the largest acquisition in the company’s history.
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Westport’s famed Napoleon Bakery has reopened with a new owner. Wholesale pastry chef James Holmes has been looking for a retail spot since 2002. Earlier this year, he made plans to open in the former Starbucks space at Westport Road and Broadway. But that spot is still in litigation and has been gutted, so Holmes would have had to — pardon the expression — start from scratch.
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