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Business News
German unemployment up to 7 pct in Jan amid seasonal factors
BERLIN (AP) -- German unemployment rose to 7 percent in January, but the increase was due largely to seasonal factors and the Federal Labor Agency says the job market remains strong....
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Royal Dutch Shell reports 57 percent drop in net income
LONDON (AP) -- Royal Dutch Shell PLC, Europe's largest oil company by market value, said Thursday that fourth quarter net income fell 57 percent to $773 million and that it would cap spending this year in response to falling oil prices....
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Nokia turns to fourth quarter profit buoyed by strong growth
HELSINKI (AP) -- After selling its ailing handset unit, Nokia has turned a fourth-quarter net profit of 443 million euros ($502 million) with sales increasing nearly 10 percent, partly buoyed by strong growth in North America....
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Deutsche Bank posts surprise profit as litigation costs ease
FRANKFURT, Germany (AP) -- Deutsche Bank rebounded to make a surprise fourth-quarter profit of 441 million euros ($498 million) as it saw lower charges for settling accusations of wrongdoing....
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S&P close to $1.37B deal over risky mortgage bond ratings
WASHINGTON (AP) -- Standard & Poor's is close to a $1.37 billion settlement with the Obama administration and U.S. states over allegations it knowingly inflated its ratings of risky mortgage investments that helped trigger the financial crisis....
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Poll
Because we haven't asked in a while, how would you characterize this winter so far?
  Worse than normal!
  Pretty typical.
  Better than normal!
 
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