Business Today: Index futures off but Hewlett-Packard up after view

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Good Morning Aron, WED 29 Sep 2010    Index futures off but Hewlett-Packard up after view House set to approve bill aimed at China yuan More Fed easing not yet a done deal, Lockhart says BP vows to boost safety, ousts exploration chief Live Nation chairman steps down: report U.S. aims to unveil plan to end AIG support: report Family Dollar profit tops Wall Street view Deficit-cut panel convenes amid skepticism Kohl's to open 21 US stores, service center Drinks magnate tops China rich list, worth $12 billion Japan biz sentiment up, outlook dour Asian stocks hit 27-month high Hot holiday toys Index futures off but Hewlett-Packard up after view September 29, 2010 07:59 AM ET NEW YORK (Reuters) - Stock index futures edged lower on Wednesday as investors remained cautious after a strong rally in September but appeared willing to get into the market on dips. Full Article House set to approve bill aimed at China yuan September 29, 2010 07:48 AM ET WASHINGTON (Reuters) - The House of Representatives is poised on Wednesday to pass legislation to pressure China to let its yuan currency rise more quickly, fanning the flames of a long-running dispute over trade and jobs. Full Article More Fed easing not yet a done deal, Lockhart says September 29, 2010 07:54 AM ET SEWANEE, Tennessee (Reuters) - A top Federal Reserve official said on Tuesday that he has yet to make up his mind whether further ease monetary policy is needed, despite a weakening U.S. economy and some risk of deflation. Full Article BP vows to boost safety, ousts exploration chief September 29, 2010 07:35 AM ET LONDON (Reuters) - BP Plc's incoming Chief Executive Bob Dudley ousted the oil group's exploration and production chief following the Gulf of Mexico oil spill and promised to restructure the company to boost safety. Full Article Live Nation chairman steps down: report September 29, 2010 08:32 AM ET (Reuters) - Live Nation Entertainment Inc Chairman Barry Diller on Tuesday stepped down from his post and from the concert promotion giant's board of directors, the Wall Street Journal reported. Full Article U.S. aims to unveil plan to end AIG support: report September 29, 2010 06:34 AM ET NEW YORK (Reuters) - The Obama administration hopes to announce by next week a plan to end its support of insurance giant American International Group Inc, the New York Times reported on Tuesday, quoting unnamed sources. Full Article Family Dollar profit tops Wall Street view September 29, 2010 07:36 AM ET BANGALORE (Reuters) - Family Dollar Stores Inc posted a better-than-expected quarterly profit as cash-strapped consumers continued to seek low prices on everyday items like food. Full Article Deficit-cut panel convenes amid skepticism September 29, 2010 03:40 AM ET WASHINGTON (Reuters) - With just two months left before it has to issue a final report, a U.S. commission looking at ways to cut the federal deficit was to meet again on Wednesday amid questions about its hard-headedness. Full Article Kohl's to open 21 US stores, service center September 29, 2010 08:29 AM ET NEW YORK (Reuters) - Department store chain Kohl's Corp said it is creating 4,000 jobs as it opens 21 U.S. stores and a new customer service center this fall. Full Article Drinks magnate tops China rich list, worth $12 billion September 29, 2010 08:15 AM ET BEIJING (Reuters) - Beverage magnate Zong Qinghou tops the list of the richest men in China with a personal wealth worth an estimated $12 billion, according to the partial results of a survey released on Wednesday. Full Article

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