Latest Business News
Economic Figures
Dollar & Gold News
Board of Trade News
Personal Finance
|
|
|
|
|
|
Asian stocks sink after Dow plunges
Feb 5 2008 11:23PM (CT)
BANGKOK, Thailand (AP) - Asian markets plunged Wednesday after a steep drop on Wall Street overnight fanned investors' fears the U.S. economy was sliding into a recession that would sap demand for Asian exports.
|
|
|
Asian stocks sink after Dow plunges
Feb 5 2008 11:23PM (CT)
BANGKOK, Thailand (AP) - Asian markets plunged Wednesday after a steep drop on Wall Street overnight fanned investors' fears the U.S. economy was sliding into a recession that would sap demand for Asian exports.
|
|
|
Asian stocks sink after Dow plunges
Feb 5 2008 11:23PM (CT)
BANGKOK, Thailand (AP) - Asian markets plunged Wednesday after a steep drop on Wall Street overnight fanned investors' fears the U.S. economy was sliding into a recession that would sap demand for Asian exports.
|
|
|
BHP Billiton bids for Rio Tinto
Feb 5 2008 9:44PM (CT)
SYDNEY, Australia (AP) - BHP Billiton formalized its unwelcome takeover bid for Rio Tinto on Wednesday and upped the stakes with an all-share offer worth $147.4 billion that would create a global mining monolith.
|
|
|
BHP Billiton bids for Rio Tinto
Feb 5 2008 9:44PM (CT)
SYDNEY, Australia (AP) - BHP Billiton formalized its unwelcome takeover bid for Rio Tinto on Wednesday and upped the stakes with an all-share offer worth $147.4 billion that would create a global mining monolith.
|
|
|
Disney posts lower 1Q profit; revenue up
Feb 5 2008 9:27PM (CT)
LOS ANGELES (AP) - The Walt Disney Co.'s quarterly profit fell 26 percent from a year earlier, when it benefited from the sale of a magazine and entertainment channel, but the media conglomerate notched a 9 percent jump in revenue powered by growth in its cable and television division.
|
|
|
Striking writers to be briefed on talks
Feb 5 2008 9:21PM (CT)
LOS ANGELES (AP) - Members of the striking Writers Guild of America will gather Saturday in Los Angeles and New York to be briefed on a possible contract with Hollywood studios.
|
|
|
Emerging markets lift Toyota profit
Feb 5 2008 9:20PM (CT)
TOKYO (AP) - Sales growth in China and other emerging markets offset a decline in North America to help push Toyota's profit up 7.5 percent for its third fiscal quarter.
|
|
|
Emerging markets lift Toyota profit
Feb 5 2008 9:20PM (CT)
TOKYO (AP) - Sales growth in China and other emerging markets offset a decline in North America to help push Toyota's profit up 7.5 percent for its third fiscal quarter.
|
|
|
Emerging markets lift Toyota profit
Feb 5 2008 9:20PM (CT)
TOKYO (AP) - Sales growth in China and other emerging markets offset a decline in North America to help push Toyota's profit up 7.5 percent for its third fiscal quarter.
|
|
|
Avon profit falls on restructuring costs
Feb 5 2008 5:53PM (CT)
NEW YORK (AP) - Avon Products Inc., a direct seller of beauty products, said Tuesday its fourth-quarter profit fell 30 percent on restructuring costs and other charges, but the results still beat Wall Street forecasts. The company also offered an upbeat outlook.
|
|
|
Treasurys rise; recession fear returns
Feb 5 2008 5:39PM (CT)
NEW YORK (AP) - Treasury prices rallied on recession fears Tuesday after a survey showed the services sector shrank for the first time in five years last month.
|
|
|
U.S. service sector slows down
Feb 5 2008 5:20PM (CT)
NEW YORK (AP) - Lingering hopes that the U.S. economy might avert a recession withered Tuesday after the nation's service sector _ its banks, travel companies, contractors and stores, among others _ shrank for the first time in five years.
|
|
|
Wheat nears record on supply concerns
Feb 5 2008 4:58PM (CT)
NEW YORK (AP) - Wheat prices soared near their highest levels ever Tuesday on concerns that growing demand in Asia coupled with dwindling stockpiles could lead to a grain shortage in the United States.
|
|
|
Wheat nears record on supply concerns
Feb 5 2008 4:58PM (CT)
NEW YORK (AP) - Wheat prices soared near their highest levels ever Tuesday on concerns that growing demand in Asia coupled with dwindling stockpiles could lead to a grain shortage in the United States.
|
|
|
Whirlpool's Maytag buy pays off in 4Q
Feb 5 2008 4:48PM (CT)
GRAND RAPIDS, Mich. (AP) - Whirlpool Corp. said Tuesday its fourth-quarter profit climbed 72 percent, helped by its Maytag acquisition and an improved product mix and the weak dollar. The news sent the value of the company's shares soaring.
|
|
|
2007 airline delays 2nd worst ever
Feb 5 2008 4:12PM (CT)
WASHINGTON (AP) - A quarter of domestic flights failed to arrive on time in 2007 _ the industry's second poorest performance on record _ and analysts say it is likely to get worse.
|
|
|
2007 airline delays 2nd worst ever
Feb 5 2008 4:12PM (CT)
WASHINGTON (AP) - A quarter of domestic flights failed to arrive on time in 2007 _ the industry's second poorest performance on record _ and analysts say it is likely to get worse.
|
|
|
2007 airline delays 2nd worst ever
Feb 5 2008 4:12PM (CT)
WASHINGTON (AP) - A quarter of domestic flights failed to arrive on time in 2007 _ the industry's second poorest performance on record _ and analysts say it is likely to get worse.
|
|
|
2007 airline delays 2nd worst ever
Feb 5 2008 4:12PM (CT)
WASHINGTON (AP) - A quarter of domestic flights failed to arrive on time in 2007 _ the industry's second poorest performance on record _ and analysts say it is likely to get worse.
|
|
|
Oil drops below $89 on recession fears
Feb 5 2008 3:34PM (CT)
NEW YORK (AP) - Oil futures fell Tuesday, dropping below $89 after financial markets were surprised by data that indicated the traditionally strong service sector shrank dramatically last month, raising the prospect that demand for energy will weaken along with the economy. Expectations that crude supplies are climbing also took prices lower.
|
|
|
Oil drops below $89 on recession fears
Feb 5 2008 3:34PM (CT)
NEW YORK (AP) - Oil futures fell Tuesday, dropping below $89 after financial markets were surprised by data that indicated the traditionally strong service sector shrank dramatically last month, raising the prospect that demand for energy will weaken along with the economy. Expectations that crude supplies are climbing also took prices lower.
|
|
|
U.S. service sector contracts in January
Feb 5 2008 3:16PM (CT)
NEW YORK (AP) - For the first time in almost five years, the nation's services sector _ including restaurants, travel, banking, construction and retail _ contracted in January, stoking rising worries of a recession.
|
|
|
AP IMPACT: FDA faults drug plants
Feb 5 2008 3:13PM (CT)
SAN JUAN, Puerto Rico (AP) - The first warning sign came when a sharp-eyed worker sorting pills noticed that the odd blue flecks dotting the finished drug capsules matched the paint on the factory doors.
|
|
|
AP IMPACT: FDA faults drug plants
Feb 5 2008 3:13PM (CT)
SAN JUAN, Puerto Rico (AP) - The first warning sign came when a sharp-eyed worker sorting pills noticed that the odd blue flecks dotting the finished drug capsules matched the paint on the factory doors.
|
|
|
Bubble Trouble: Are Treasurys overbid?
Feb 5 2008 3:03PM (CT)
NEW YORK (AP) - Investors' raging demand for safe assets over the past six months may have created a bubble in the Treasury market _ and some onlookers expect to hear a bursting sound any minute now.
|
|
|
GMAC Financial swings to loss on ResCap
Feb 5 2008 2:55PM (CT)
NEW YORK (AP) - GMAC LLC said Tuesday it lost $724 million in the final quarter of 2007 as the housing slump and disruptions in the credit and capital markets battered the lender's home mortgage division.
|
|
|
Companies see volunteering as a benefit
Feb 5 2008 1:57PM (CT)
NEW YORK (AP) - Colleen Bramhall's friends used to think she'd sold out by going to work for Accenture as a consultant after college. Now she says they're jealous.
|
|
|
Companies see volunteering as a benefit
Feb 5 2008 1:57PM (CT)
NEW YORK (AP) - Colleen Bramhall's friends used to think she'd sold out by going to work for Accenture as a consultant after college. Now she says they're jealous.
|
|
|
Companies see volunteering as a benefit
Feb 5 2008 1:57PM (CT)
NEW YORK (AP) - Colleen Bramhall's friends used to think she'd sold out by going to work for Accenture as a consultant after college. Now she says they're jealous.
|
|
|
Companies see volunteering as a benefit
Feb 5 2008 1:57PM (CT)
NEW YORK (AP) - Colleen Bramhall's friends used to think she'd sold out by going to work for Accenture as a consultant after college. Now she says they're jealous.
|
|
|
Companies see volunteering as a benefit
Feb 5 2008 1:57PM (CT)
NEW YORK (AP) - Colleen Bramhall's friends used to think she'd sold out by going to work for Accenture as a consultant after college. Now she says they're jealous.
|
|
|
Companies see volunteering as a benefit
Feb 5 2008 1:57PM (CT)
NEW YORK (AP) - Colleen Bramhall's friends used to think she'd sold out by going to work for Accenture as a consultant after college. Now she says they're jealous.
|
|
|
Companies see volunteering as a benefit
Feb 5 2008 1:57PM (CT)
NEW YORK (AP) - Colleen Bramhall's friends used to think she'd sold out by going to work for Accenture as a consultant after college. Now she says they're jealous.
|
|
|
Companies see volunteering as a benefit
Feb 5 2008 1:57PM (CT)
NEW YORK (AP) - Colleen Bramhall's friends used to think she'd sold out by going to work for Accenture as a consultant after college. Now she says they're jealous.
|
|
|
Companies see volunteering as a benefit
Feb 5 2008 1:57PM (CT)
NEW YORK (AP) - Colleen Bramhall's friends used to think she'd sold out by going to work for Accenture as a consultant after college. Now she says they're jealous.
|
|
|
Companies see volunteering as a benefit
Feb 5 2008 1:57PM (CT)
NEW YORK (AP) - Colleen Bramhall's friends used to think she'd sold out by going to work for Accenture as a consultant after college. Now she says they're jealous.
|
|
|
Companies see volunteering as a benefit
Feb 5 2008 1:57PM (CT)
NEW YORK (AP) - Colleen Bramhall's friends used to think she'd sold out by going to work for Accenture as a consultant after college. Now she says they're jealous.
|
|
|
Companies see volunteering as a benefit
Feb 5 2008 1:57PM (CT)
NEW YORK (AP) - Colleen Bramhall's friends used to think she'd sold out by going to work for Accenture as a consultant after college. Now she says they're jealous.
|
|
|
Higher output raises BP 4Q profit
Feb 5 2008 12:20PM (CT)
LONDON (AP) - BP PLC reported a 53 percent rise in fourth-quarter net profit Tuesday as oil prices surged, but full-year profits fell due to refining outages and rising costs.
|
|
|
Tyco 4Q profit beats view, backs outlook
Feb 5 2008 11:19AM (CT)
TRENTON, N.J. (AP) - Diversified manufacturer Tyco International Inc. said Tuesday its fiscal first-quarter earnings fell 54 percent from a year earlier, when it still owned its former healthcare and electronics businesses. The results handily topped Wall Street expectations.
|
|
|
Boston Scientific posts $458M 4Q loss
Feb 5 2008 11:09AM (CT)
BOSTON (AP) - Costs from Boston Scientific Corp.'s $27 billion acquisition of Guidant Corp. continue to erode the company's bottom line, but Boston Scientific sees signs of turnarounds in two heart device markets.
|
|
|
NYSE-Euronext profit up on volume surge
Feb 5 2008 8:06AM (CT)
NEW YORK (AP) - NYSE Euronext, formed last year by the combination of NYSE Group Inc. and Euronext NV, said Tuesday that fourth-quarter profit more than tripled as trading volume surged and more companies listed on the exchange.
|
|
|
NYSE-Euronext profit up on volume surge
Feb 5 2008 8:06AM (CT)
NEW YORK (AP) - NYSE Euronext, formed last year by the combination of NYSE Group Inc. and Euronext NV, said Tuesday that fourth-quarter profit more than tripled as trading volume surged and more companies listed on the exchange.
|
|
|
Yum Brands earnings flat; Wendy's up
Feb 5 2008 1:06AM (CT)
LOUISVILLE, Ky. (AP) - Fast-food rivals Yum Brands Inc. and Wendy's International Inc. could savor portions of their end-of-the-year financial reports.
|
|
|
Ben & Jerry's in fight over labeling
Feb 5 2008 1:04AM (CT)
MONTPELIER, Vt. (AP) - Ben & Jerry's Homemade Inc., one of the first companies to label its ice cream as free of a synthetic hormone, is protesting a move by some states to restrict such labeling.
|
|
|
|
|
|