KAMPALA, March 9- With a World Bank scholarship and top grades in the first year of her masters degree in agriculture, 27- year-old Cleo Kambugu should be well on the road to her goal of an academic career in Uganda.» Read More
Oct 8- KFC parent Yum Brands Inc on Tuesday warned that sales at established restaurants in its top market of China are unlikely to rebound in the fourth quarter, as it had expected, and its shares tumbled 6.5 percent in extended trading.
Oct. 8- The super rich have one less thing to worry about, now that Neiman Marcus released its holiday catalog on Tuesday with gift suggestions topping $1 million.
Oct 8- Aluminum producer Alcoa Inc reported better than expected earnings on Tuesday, even as realized prices fell, helped in part by its value-added business and by productivity gains. Net income attributable to Alcoa was $24 million, or 2 cents a share, compared with a loss of $143 million, or 13 cents, a year earlier.
BOSTON, Oct 8- Microsoft Corp said on Tuesday it is paying a well-known hacking expert more than $100,000 for finding security holes in its software, one of the largest such bounties awarded to date by a high-tech company.
NEW YORK, Oct 8- Interest rates on one-month U.S. government debt hit a 5- year peak on Tuesday and stocks on Wall Street closed lower as anxiety rose on whether the United States will avert a debt default.
WASHINGTON, Oct 8- Jet engine maker Pratt& Whitney said on Tuesday it is working to fix the system it uses to provide the Pentagon with cost and schedule information, after the U.S. government decided to withhold 5 percent of future billings on four F-35 fighter engine contracts and a Navy deal.
OTTAWA, Oct 8- Canada's national statistics agency has spent nearly C $420,000 to retrofit its media room with impenetrable metal walls to prevent wireless communication from reporters who obtain market-moving data under embargo, a spokeswoman said on Tuesday.
Oct 8- Aluminum producer Alcoa Inc reported a third quarter profit on Tuesday, compared with a year-earlier loss, even as realized prices fell. Net income attributable to Alcoa was $24 million, or 2 cents a share, compared with a loss of $143 million, or 13 cents, a year earlier. Sales slipped to $5.77 billion from $5.83 billion.
NEW YORK, Oct 8- Crude oil prices on both sides of the Atlantic gained on Tuesday as geopolitical risk crept back into the markets, even as the dollar index turned positive after a mid-morning phone call between U.S. President Barack Obama and U.S. House Speaker John Boehner over the budget crisis.
NEW YORK, Oct 8- Interest rates on one-month U.S. government debt hit their highest levels in five years on Tuesday as anxiety rose over whether the United States will avert a debt default, while selling accelerated in U.S. stocks, particularly among those that have gained sharply of late.
NEW YORK/ LONDON, Oct 8- Gold prices eased on Tuesday as investors took profits, but losses were limited as growing uncertainty about the U.S. budget impasse and a looming deadline to raise the U.S. debt ceiling bolstered bullion's safe-haven appeal.
NEW YORK, Oct 8- U.S. stocks slid on Tuesday as traders cashed in gains in some of the year's best performers amid little progress to end a political crisis in Washington. The Dow Jones industrial average was down 158.75 points, or 1.06 percent, at 14,777.49. The Nasdaq Composite Index was down 75.54 points, or 2.00 percent, at 3,694.83.
CHICAGO, Oct 8- The would-be architects of a grand bargain to solve Illinois' $100 billion pension crisis have not met as a group for three months, and the state's last chance to strike a deal this year is slipping away. Credit agencies are threatening to cut Illinois' ratings, already the lowest of the 50 states, to BBB-plus, the level of Kazakhstan.
WASHINGTON, Oct 8- President Barack Obama turned up the political pressure on Republicans on Tuesday, saying he would be willing to negotiate on budget issues only after they agree to re-open the federal government and raise the debt limit with no conditions.
JOHNSTOWN, Pa./ NEW YORK, Oct 8- A Federal Reserve official known for her centrist views said on Tuesday she wanted to reduce the U.S. central bank's asset purchases last month, adding her voice to the Fed's so-called policy hawks who have spoken out against the shock decision to leave monetary policy unchanged.
BOSTON, Oct 8- Microsoft Corp is paying a hacking expert more than $100,000 for finding security holes in its software, one of the largest such bounties awarded to date by a high-tech company.
NEW YORK, Oct 8- U.S. stocks slid on Tuesday as traders cashed in gains in some of the year's best performers amid little progress to end a political crisis in Washington that could affect the U.S. fiscal standing and economic recovery. Shares of LinkedIn lost 5.9 percent to $223.14, and Netflix fell 4.7 percent to $303.06.
WASHINGTON, Oct 8- President Barack Obama on Tuesday rejected the idea floated by Republicans to form a bipartisan panel as a way to resolve an impasse over the budget and avoid a possible debt default because he is skeptical it would create any new momentum.
*Corn down 1.7 percent as yield reports remain robust. *Wheat mixed; CBOT contracts hit technical resistance. Corn was the leader on the downside, flirting with three-year lows as fields in places like Iowa and Illinois dried out and farmers rolled their combines.
SAN FRANCISCO, Oct 8- When Hewlett-Packard Co was removed from the Dow Jones Industrial Average a month ago, Chief Executive Officer Meg Whitman sent an impassioned email to the company's 300,000- plus employees. Two years into what she has always described as a five-year effort, HP's sales and profits are still sliding and Wall Street is losing patience.