MOSCOW, Dec 12- Russia's economic slowdown is mainly being driven by domestic causes, President Vladimir Putin said on Thursday, singling out low labour productivity as a problem. Putin had previously blamed weak global conditions for Russia's economic slowdown.» Read More
WASHINGTON, July 24- Add this to the growing pile of research that seems designed to scare baby boomers out of their Birkenstocks. "The baby boom may end with a whimper," wrote Chris Kahn, the Bankrate analyst who worked on the study. " Before 1940 there was no Social Security.
July 24- Boeing Co will turn out more jetliners at higher profit margins in coming years but sees looming risk in the defense sector as Pentagon spending cuts take effect, the company's chief executive said on Wednesday.
July 24- A federal appeals court on Wednesday rejected Twenty-First Century Fox Inc's effort to stop Dish Network Corp from selling devices that let viewers skip over commercials on primetime broadcast shows.
*Delta, US Airways say corporate revenue strong. July 24- Delta Air Lines and US Airways Group reported higher-than-expected quarterly profits as fuel costs decreased, and both airlines said demand was improving after weakness earlier this year.
LONDON, July 24- Watch governments' revenues, and not just how much their economies produce, to see if they can support their debt piles. Federal Reserve policy thinking and the dollar's exchange rate, Chinese growth concerns and domestic political risks in the likes of Turkey or South Africa.
Rhodes also extended that stay to lawsuits filed against Michigan's governor, state treasurer and Kevyn Orr, Detroit's state-appointed emergency manager who filed the biggest Chapter 9 municipal bankruptcy petition in U.S. history for the city on July 18.
WASHINGTON, July 24- Saudi Arabia may not be able to create all the private sector jobs it needs for its rapidly growing population, which could lead to higher unemployment, the International Monetary Fund said on Wednesday.
SAN FRANCISCO, July 24- Google Inc on Wednesday showcased a new-generation, slimmer Nexus 7 tablet that the Internet search company hopes will expand its presence in consumer hardware, and ensure that its online services remain front-and-center on mobile devices.
NEW ORLEANS, July 24- A Louisiana agency sued 97 oil companies- including BP Plc, Exxon Mobil Corp, Chevron Corp and Royal Dutch Shell Plc- in state court on Wednesday for allegedly damaging hundreds of miles of sensitive wetlands by cutting through them with pipelines and transportation canals.
DETROIT, July 24- A U.S. bankruptcy court judge on Wednesday suspended lawsuits brought in Michigan state courts that had challenged Detroit's bankruptcy filing on state constitutional grounds while the judge reviews the city's petition for protection from creditors.
NEW YORK, July 24- Former UBS AG banker Peter Ghavami was sentenced to 18 months in prison on Wednesday for his role in deceiving U.S. municipalities by rigging bids to invest municipal bond proceeds, a much shorter sentence than prosecutors had sought.
July 24- Nasdaq OMX Group reported a 5.4 percent decline in quarterly profit on Wednesday, mainly due to costs from two recently completed acquisitions, but the transatlantic exchange operator said one of the deals has already begun adding to earnings.
*Australian dollar falls as HSBC's China flash PMI hits 11- month low. NEW YORK, July 24- The dollar rallied across the board on Wednesday, bolstered by a rise in U.S.
NEW YORK/ LONDON, July 24- Gold fell around 2.5 percent on Wednesday, as signs of continued economic recovery in the United States and Europe prompted funds to exit the bullion market after its recent gain to a one-month high. Gold extended losses throughout the session after data showed new U.S. home sales vaulted to a five-year high in June.
GENEVA, July 24- Pascal Lamy signed off as head of the World Trade Organization on Wednesday with criticism of the way the 159 member countries try- and usually fail- to agree new trade deals.
July 24- A muted revenue outlook from hard-disk drive maker Seagate Technology Plc sparked concerns that its cloud storage business was not growing fast enough to offset falling demand from PC makers, sending its shares down as much as 10 percent.
President Barack Obama sought to inject momentum into his economic and domestic policy agenda on Wednesday with a speech designed to clarify his vision for his second term and hammer Republicans in the House of Representatives for getting in his way. Obama faces a battle this fall with Republicans in Congress over the budget and raising the debt ceiling.
*Health exchanges, Medicaid expansion to boost revenue. July 24- WellPoint Inc, the nation's second largest health insurer, sees President Barack Obama's healthcare reform giving a $20 billion boost to its revenue by 2016, led by an expansion of the Medicaid program for the poor and the introduction of subsidized coverage for the uninsured.
A spokesman for SAC Capital also declined to comment. The Wall Street Journal reported that prosecutors are planning to charge SAC Capital with criminal wrongdoing as soon as this week. It is unclear exactly what the nature of the criminal charges against SAC Capital would be and what illegal activities authorities are focusing on.
*AT&T, Caterpillar results miss forecast, cools Wall Street. Poor earnings from Caterpillar and AT&T overshadowed robust earnings from iPad and iPhone maker Apple and data showing a pick-up in U.S. manufacturing and new home sales.