Business Today: Stock futures lower ahead of Fed

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Good Morning Aron, TUE 10 Aug 2010    Stock futures lower ahead of Fed Fed ponders more easing as economy stumbles Oracle's Ellison blasts HP board for Hurd's exit Productivity falls, labor costs up BlackBerry gets reprieve as Saudi praises progress China trade surplus soars as domestic demand flags Economists cut forecasts and see more Fed action Small business optimism sags in July JA Solar posts profit, ups 2010 sales view Wendy's/Arby's to expand into Russia Shanghai stocks lead Asia drop Honda recalls 428,000 N.America cars HP CEO exit sparks concern Stock futures lower ahead of Fed August 10, 2010 08:19 AM ET NEW YORK (Reuters) - Stock index futures fell on Tuesday, weighed by worries over weaker-than-expected import data from China and a cautious mood ahead of the Federal Reserve's meeting on monetary policy. Full Article Fed ponders more easing as economy stumbles August 10, 2010 06:37 AM ET WASHINGTON (Reuters) - The Federal Reserve meets on Tuesday to consider, and perhaps even adopt, additional measures to prop up a softening U.S. economic recovery. Full Article Oracle's Ellison blasts HP board for Hurd's exit August 10, 2010 03:09 AM ET SAN FRANCISCO (Reuters) - Oracle Chief Executive Larry Ellison blasted Hewlett-Packard on Monday for forcing CEO Mark Hurd to resign. Full Article Productivity falls, labor costs up August 10, 2010 08:32 AM ET WASHINGTON (Reuters) - U.S. non-farm productivity declined for the first time in 1-1/2 years during the second quarter this year and labor costs barely edged up, according to a Labor Department report on Tuesday that underlined a slowing pace of economic recovery. Full Article BlackBerry gets reprieve as Saudi praises progress August 10, 2010 04:45 AM ET JEDDAH, Saudi Arabia (Reuters) - BlackBerry maker Research In Motion on Tuesday won a reprieve from a threatened ban on its Messenger texting service as Saudi Arabia said progress was being made on addressing its concerns. Full Article China trade surplus soars as domestic demand flags August 10, 2010 07:55 AM ET BEIJING (Reuters) - China's trade surplus surged unexpectedly in July to an 18-month high of $28.7 billion as exports beat forecasts, but a government-induced slowdown in investment took a toll on imports. Full Article Economists cut forecasts and see more Fed action August 10, 2010 06:26 AM ET WASHINGTON (Reuters) - The economic recovery will fade as government supports dry up, and the Federal Reserve may need to do more to boost growth, economists said in a survey on Tuesday. Full Article Small business optimism sags in July August 10, 2010 07:34 AM ET WASHINGTON (Reuters) - Small business owners became more downbeat in July as expectations of weaker economic growth in the second half of the year reinforced a reluctance to hire, according to a survey published on Tuesday. Full Article JA Solar posts profit, ups 2010 sales view August 10, 2010 08:17 AM ET NEW YORK (Reuters) - JA Solar Holdings Co posted a second-quarter profit, meeting Wall Street estimates, and it raised its full-year sales forecast as demand topped its expectations.. Full Article Wendy's/Arby's to expand into Russia August 10, 2010 07:51 AM ET NEW YORK (Reuters) - Wendy's/Arby's Group Inc said on Tuesday it plans to open 180 dual-branded Wendy's and Arby's restaurants in Russia over the next ten years. Full Article

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