Wednesday, April 7, 2010 as of 11:14 AM ET
David Glasgow Farragut (July 5, 1801 – August 14, 1870) was a flag officer of the United States Navy during the American Civil War.
Read More at Wikipedia ›By Nick ZieminskiNEW YORK (Reuters) - For years, low prices on China-sourced goods helped dampen inflation in the United States.
Now China's efforts to boost domestic consumer spending, reducing reliance on exports, are leading to higher costs for multinationals that manufacture goods there.Eventually, China could export its inflation.Conglomerates ranging from Emerson Electric <EMR.N> to Honeywell International <HON.N> feel pressure on margins from double-digit wage increases in China. So have toymaker Mattel <MAT.O>, fast-food chain Yum! Brands <YUM.N> and computer maker Dell <DELL.O>, analysts and investors say.Yum, the No. 1 Western restaurant brand in the world's fastest-growing major economy, generates a third of its profit from China. It said its full-year margins will dip this year, citing labor inflation in the mid-to-high teens."I do believe that labor inflation will continue high for quite a while," Yum CFO Rick Carucci said on the company's earnings conference call. He call...By Scott Malone and Mike TarsalaBOSTON/NEW YORK (Reuters) - Weakening demand in the United States and Europe has spooked some in corporate America, prompting big com...
NEW YORK (Reuters) - Industrial conglomerateEmerson Electric Co raised its 2010 earnings forecastThursday to reflect gains from recent asset sales and anacquisition,...
(Refiles to add dropped word in first paragraph)By Scott Malone and Soyoung KimBOSTON/NEW YORK (Reuters) - Faced with a slow crawl out of recession, some top U.S. co...
By Scott Malone and Soyoung KimBOSTON/NEW YORK (Reuters) - Faced with a slow crawl out of recession, some top U.S. companies have begun to talk up their interest in ...
By Nick ZieminskiNEW YORK (Reuters) - Steamy summer weather helped Emerson Electric Copost higher-than-expected quarterly profit Tuesday as sales growth resumed in t...
"Tax increases are highly contractionary…The large effect stems in considerable part from a powerful negative effect of tax increases on investment...[the finding i...
July 22, 2010 1:33 PM Autopilot Thinking on the Bush Tax Cutsby Elizabeth MacDonaldSelect rating Poor Okay Good Great Awesome Average: 4.5 ( 40 votes)Comments » "Tax...
