Latest Business News
Economic Figures
Dollar & Gold News
Board of Trade News
Personal Finance
|
|
|
|
|
|
Asian stocks tumble on Bear Stearns news
Mar 16 2008 11:31PM (CT)
SEOUL, South Korea (AP) - Asian stocks plunged and the dollar sank Monday after JPMorgan Chase said it would acquire troubled U.S. investment bank Bear Stearns, signaling to investors the depths of the credit crisis.
|
|
|
Microsoft licenses Adobe mobile software
Mar 16 2008 11:05PM (CT)
SAN JOSE, Calif. (AP) - Microsoft Corp. has licensed Adobe's software for viewing online videos and other files on cell phones, the companies said Monday.
|
|
|
Microsoft licenses Adobe mobile software
Mar 16 2008 11:05PM (CT)
SAN JOSE, Calif. (AP) - Microsoft Corp. has licensed Adobe's software for viewing online videos and other files on cell phones, the companies said Monday.
|
|
|
Nikkei down more than 3 percent
Mar 16 2008 9:49PM (CT)
TOKYO (AP) - Japan's benchmark Nikkei stock index plunged 4.2 percent in Monday's morning session as the dollar hit a 12 1/2-year low against the yen.
|
|
|
JPMorgan to buy Bear for $2 a share
Mar 16 2008 9:31PM (CT)
NEW YORK (AP) - Just four days after Bear Stearns Chief Executive Alan Schwartz assured Wall Street that his company was not in trouble, he was forced on Sunday to sell the investment bank to competitor JPMorgan Chase for a bargain-basement price of $2 a share, or $236.2 million.
|
|
|
JPMorgan buys Bear Stearns for a song
Mar 16 2008 9:06PM (CT)
NEW YORK (AP) - Investment bank Bear Stearns Cos. completed an emergency deal Sunday to be bought by JPMorgan Chase & Co. Bear Stearns was forced into a government-led bailout on Friday after finding itself unable to meet the demands of lenders and customers trying to pull their cash out.
|
|
|
Coupon distributor Valpak turns 40
Mar 16 2008 2:29PM (CT)
ST. PETERSBURG, Fla. (AP) - Terry Loebel wasn't looking to start an advertising phenomenon when he went to his mailbox in 1967 and inspiration struck.
|
|
|
Maine seeks green label for lobsters
Mar 16 2008 2:26PM (CT)
PORTLAND, Maine (AP) - The Maine lobster industry has long been held up as a well-run fishery. Now it's seeking a seal of approval to prove it.
|
|
|
ex-National Century exec goes on trial
Mar 16 2008 2:24PM (CT)
COLUMBUS, Ohio (AP) - Before Lance Poulsen can fight charges that he was the mastermind behind a $1.9 billion fraud scheme, the former CEO of National Century Financial must first deal with allegations that he proposed paying a government witness $500,000 to lie on the stand.
|
|
|
Analysts: govt funds heat up oil prices
Mar 16 2008 1:42PM (CT)
WASHINGTON (AP) - As oil prices charge past $110 a barrel, analysts say government-run investment funds from oil-rich nations may be adding speculative heat to an already red-hot market.
|
|
|
Shrunken Rust Belt city climbing back
Mar 16 2008 1:37PM (CT)
JOHNSTOWN, Pa. (AP) - Under the shadows of a steel mill's rusting carcass, a new Johnstown is slowly taking shape. Quaint cafes and even an upscale bridal shop have appeared in long empty storefronts. Downtown lofts are being snapped up. Biotech companies and high-tech firms have set up shop.
|
|
|
Alitalia accepts Air France-KLM bid
Mar 16 2008 12:41PM (CT)
MILAN, Italy (AP) - Alitalia's board on Sunday unanimously accepted Air France-KLM's bid valued at $1.1 billion in a move to save the struggling national carrier.
|
|
|
|
|
|