Latest Business News
Economic Figures
Dollar & Gold News
Board of Trade News
Personal Finance
|
|
|
|
|
|
LNG business ramps up on Gulf Coast
Apr 14 2008 11:55PM (CT)
HOUSTON (AP) - Days after New York and Connecticut leaders opposed plans to build a massive liquefied natural gas terminal in Long Island Sound, the Gulf Coast is welcoming two new LNG terminals _ the first such land-based ports to open in the U.S. in roughly a quarter-century.
|
|
|
Oil rises to trading record above $112
Apr 14 2008 11:54PM (CT)
SINGAPORE (AP) - Oil prices rose to an intraday trading record above $112 a barrel Tuesday after the U.S. dollar fell further and crude supplies to the U.S. and elsewhere were disrupted.
|
|
|
Delta, Northwest agree to combine
Apr 14 2008 11:24PM (CT)
ATLANTA (AP) - Delta Air Lines Inc. and Northwest Airlines Corp., squeezed by record high fuel prices and a slowing economy, are combining in a stock-swap deal that would create the world's biggest carrier. The boards of both companies gave the deal the go-ahead Monday.
|
|
|
Delta, Northwest agree to combine
Apr 14 2008 11:24PM (CT)
ATLANTA (AP) - Delta Air Lines Inc. and Northwest Airlines Corp., squeezed by record high fuel prices and a slowing economy, are combining in a stock-swap deal that would create the world's biggest carrier. The boards of both companies gave the deal the go-ahead Monday.
|
|
|
Delta, Northwest agree to combine
Apr 14 2008 11:24PM (CT)
ATLANTA (AP) - Delta Air Lines Inc. and Northwest Airlines Corp., squeezed by record high fuel prices and a slowing economy, are combining in a stock-swap deal that would create the world's biggest carrier. The boards of both companies gave the deal the go-ahead Monday.
|
|
|
MGM Mirage fires 400 managers
Apr 14 2008 9:34PM (CT)
LAS VEGAS (AP) - MGM Mirage Inc., the largest casino operator on the Las Vegas Strip, told more than 400 middle management employees Monday they would be terminated immediately in a cost-saving move, the company said.
|
|
|
Slumping TV sales damp Philips 1Q profit
Apr 14 2008 9:06PM (CT)
AMSTERDAM, Netherlands (AP) - The television age appears to be fading for Philips, the Dutch company that carries a global reputation for its home electronics: Philips' first-quarter profit fell 75 percent.
|
|
|
Slumping TV sales damp Philips 1Q profit
Apr 14 2008 9:06PM (CT)
AMSTERDAM, Netherlands (AP) - The television age appears to be fading for Philips, the Dutch company that carries a global reputation for its home electronics: Philips' first-quarter profit fell 75 percent.
|
|
|
Bear Stearns 1Q profit misses views
Apr 14 2008 5:44PM (CT)
NEW YORK (AP) - Bear Stearns Cos. said Monday its profit plunged 79 percent in the fiscal first quarter that ended just two weeks before speculation about a liquidity crisis forced its sale to JPMorgan Chase & Co.
|
|
|
Bear Stearns 1Q profit misses views
Apr 14 2008 5:44PM (CT)
NEW YORK (AP) - Bear Stearns Cos. said Monday its profit plunged 79 percent in the fiscal first quarter that ended just two weeks before speculation about a liquidity crisis forced its sale to JPMorgan Chase & Co.
|
|
|
Moth spraying's impact worries some
Apr 14 2008 4:57PM (CT)
SOQUEL, Calif. (AP) - As the state prepares to spray the San Francisco Bay Area with pesticides to fight an invasive moth, local officials are worrying not only about the potential impact on human health, but on local commerce as well.
|
|
|
Moth spraying's impact worries some
Apr 14 2008 4:57PM (CT)
SOQUEL, Calif. (AP) - As the state prepares to spray the San Francisco Bay Area with pesticides to fight an invasive moth, local officials are worrying not only about the potential impact on human health, but on local commerce as well.
|
|
|
Moth spraying's impact worries some
Apr 14 2008 4:57PM (CT)
SOQUEL, Calif. (AP) - As the state prepares to spray the San Francisco Bay Area with pesticides to fight an invasive moth, local officials are worrying not only about the potential impact on human health, but on local commerce as well.
|
|
|
Moth spraying's impact worries some
Apr 14 2008 4:57PM (CT)
SOQUEL, Calif. (AP) - As the state prepares to spray the San Francisco Bay Area with pesticides to fight an invasive moth, local officials are worrying not only about the potential impact on human health, but on local commerce as well.
|
|
|
Treasurys close modestly lower
Apr 14 2008 4:36PM (CT)
NEW YORK (AP) - Treasury prices were mostly lower Monday as investors digested more worrisome news in the banking sector and a government report that showed retail sales moved higher in March.
|
|
|
Treasurys close modestly lower
Apr 14 2008 4:36PM (CT)
NEW YORK (AP) - Treasury prices were mostly lower Monday as investors digested more worrisome news in the banking sector and a government report that showed retail sales moved higher in March.
|
|
|
Report highlights Fannie, Freddie risks
Apr 14 2008 4:33PM (CT)
WASHINGTON (AP) - A deep recession could force mortgage-finance titans Fannie Mae and Freddie Mac to require a federal bailout large enough to hurt the U.S. government's top-grade credit rating, Standard & Poor's warned Monday.
|
|
|
Manitowoc agrees to buy Enodis for $1.9B
Apr 14 2008 4:02PM (CT)
LONDON (AP) - U.S.-based heavy equipment maker Manitowoc Company Inc. will buy British food service equipment supplier Enodis PLC for $1.9 billion, the companies said Monday.
|
|
|
Manitowoc agrees to buy Enodis for $1.9B
Apr 14 2008 4:02PM (CT)
LONDON (AP) - U.S.-based heavy equipment maker Manitowoc Company Inc. will buy British food service equipment supplier Enodis PLC for $1.9 billion, the companies said Monday.
|
|
|
Blockbuster offers to buy Circuit City
Apr 14 2008 3:57PM (CT)
DALLAS (AP) - Blockbuster Inc., which has been busy trying to fix its own movie-rental business, is making a hostile takeover bid of just over $1 billion for Circuit City Stores Inc. with dreams of creating a huge chain that would sell electronic gadgets and rent movies and games.
|
|
|
Blockbuster offers to buy Circuit City
Apr 14 2008 3:57PM (CT)
DALLAS (AP) - Blockbuster Inc., which has been busy trying to fix its own movie-rental business, is making a hostile takeover bid of just over $1 billion for Circuit City Stores Inc. with dreams of creating a huge chain that would sell electronic gadgets and rent movies and games.
|
|
|
Blockbuster offers to buy Circuit City
Apr 14 2008 3:57PM (CT)
DALLAS (AP) - Blockbuster Inc., which has been busy trying to fix its own movie-rental business, is making a hostile takeover bid of just over $1 billion for Circuit City Stores Inc. with dreams of creating a huge chain that would sell electronic gadgets and rent movies and games.
|
|
|
Soybeans jump on weather worries
Apr 14 2008 3:57PM (CT)
NEW YORK (AP) - Soybean prices surged Monday as investors bet that more wet weather in the U.S. Midwest will further delay spring planting and strain already tight supplies _ worsening food inflation.
|
|
|
Soybeans jump on weather worries
Apr 14 2008 3:57PM (CT)
NEW YORK (AP) - Soybean prices surged Monday as investors bet that more wet weather in the U.S. Midwest will further delay spring planting and strain already tight supplies _ worsening food inflation.
|
|
|
Wal-Mart toughens gun policies
Apr 14 2008 3:37PM (CT)
WASHINGTON (AP) - Wal-Mart, the nation's largest seller of firearms, announced Monday it will toughen rules for gun sales, from storing video of purchases to creating an internal log of which guns they sell that are later used in crimes.
|
|
|
Food costs rising fastest in 17 years
Apr 14 2008 3:10PM (CT)
NEW YORK (AP) - Steve Tarpin can bake a graham cracker crust in his sleep, but explaining why the price for his Key lime pies went from $20 to $25 required mastering a thornier topic: global economics.
|
|
|
Food costs rising fastest in 17 years
Apr 14 2008 3:10PM (CT)
NEW YORK (AP) - Steve Tarpin can bake a graham cracker crust in his sleep, but explaining why the price for his Key lime pies went from $20 to $25 required mastering a thornier topic: global economics.
|
|
|
Food costs rising fastest in 17 years
Apr 14 2008 3:10PM (CT)
NEW YORK (AP) - Steve Tarpin can bake a graham cracker crust in his sleep, but explaining why the price for his Key lime pies went from $20 to $25 required mastering a thornier topic: global economics.
|
|
|
AP poll: Mortgage payments worry many
Apr 14 2008 2:26PM (CT)
WASHINGTON (AP) - One in seven mortgage holders worry they may soon fail to make their monthly payments and even more fret that their home's value is shrinking, according to a poll showing widespread stress from the nation's housing crisis.
|
|
|
Brazil oil field could be huge find
Apr 14 2008 2:21PM (CT)
SAO PAULO, Brazil (AP) - A deep-water exploration area could contain as much as 33 billion barrels of oil, an amount that would nearly triple Brazil's reserves and make the offshore bloc the world's third-largest known oil reserve, a top oil official said Monday.
|
|
|
Brazil oil field could be huge find
Apr 14 2008 2:21PM (CT)
SAO PAULO, Brazil (AP) - A deep-water exploration area could contain as much as 33 billion barrels of oil, an amount that would nearly triple Brazil's reserves and make the offshore bloc the world's third-largest known oil reserve, a top oil official said Monday.
|
|
|
Wachovia's loss a grim sign for banks
Apr 14 2008 1:59PM (CT)
NEW YORK (AP) - The shocking first-quarter loss at Wachovia Corp., a company long viewed as a relatively conservative player during the mortgage boom, suggests that 2008 will be at best a rebuilding year even for the nation's better-positioned banks.
|
|
|
AP cuts prices, announces mobile product
Apr 14 2008 12:54PM (CT)
WASHINGTON (AP) - The Associated Press announced Monday it will further cut fees paid by struggling newspaper members and will develop an advertising-supported service that will deliver stories and photos to advanced cell phones, including the iPhone.
|
|
|
AP cuts prices, announces mobile product
Apr 14 2008 12:54PM (CT)
WASHINGTON (AP) - The Associated Press announced Monday it will further cut fees paid by struggling newspaper members and will develop an advertising-supported service that will deliver stories and photos to advanced cell phones, including the iPhone.
|
|
|
Irish insider-dealing case settled
Apr 14 2008 12:48PM (CT)
DUBLIN, Ireland (AP) - Investment group DCC PLC agreed Monday to pay about $65 million to settle the biggest insider-dealing case in Irish legal history after eight years of arguments that went all the way to the nation's Supreme Court.
|
|
|
Irish insider-dealing case settled
Apr 14 2008 12:48PM (CT)
DUBLIN, Ireland (AP) - Investment group DCC PLC agreed Monday to pay about $65 million to settle the biggest insider-dealing case in Irish legal history after eight years of arguments that went all the way to the nation's Supreme Court.
|
|
|
Gen Re CEO steps down
Apr 14 2008 10:47AM (CT)
OMAHA, Neb. (AP) - The chief executive officer of General Re Corp. resigned Monday amid reports that federal prosecutors were pushing for his removal.
|
|
|
CapitalSource acquiring Fremont branches
Apr 14 2008 10:30AM (CT)
CHEVY CHASE, Md. (AP) - CapitalSource is acquiring the retail banking operations of Fremont General, a move that will shore up and diversify its portfolio as credit markets tighten, the commercial lender said Monday.
|
|
|
World Bank leader urges action on food
Apr 14 2008 7:45AM (CT)
WASHINGTON (AP) - The president of the World Bank urged immediate action to deal with mounting food prices that have caused hunger and deadly violence in several countries.
|
|
|
World Bank leader urges action on food
Apr 14 2008 7:45AM (CT)
WASHINGTON (AP) - The president of the World Bank urged immediate action to deal with mounting food prices that have caused hunger and deadly violence in several countries.
|
|
|
World Bank leader urges action on food
Apr 14 2008 7:45AM (CT)
WASHINGTON (AP) - The president of the World Bank urged immediate action to deal with mounting food prices that have caused hunger and deadly violence in several countries.
|
|
|
Asian, European markets fall
Apr 14 2008 7:35AM (CT)
LONDON (AP) - Stock markets across Europe and Asia fell Monday amid concerns about a slowdown in the U.S. economy and the outlook for corporate profits.
|
|
|
Asian, European markets fall
Apr 14 2008 7:35AM (CT)
LONDON (AP) - Stock markets across Europe and Asia fell Monday amid concerns about a slowdown in the U.S. economy and the outlook for corporate profits.
|
|
|
Asian, European markets fall
Apr 14 2008 7:35AM (CT)
LONDON (AP) - Stock markets across Europe and Asia fell Monday amid concerns about a slowdown in the U.S. economy and the outlook for corporate profits.
|
|
|
Asian, European markets fall
Apr 14 2008 7:35AM (CT)
LONDON (AP) - Stock markets across Europe and Asia fell Monday amid concerns about a slowdown in the U.S. economy and the outlook for corporate profits.
|
|
|
Asian, European markets fall
Apr 14 2008 7:35AM (CT)
LONDON (AP) - Stock markets across Europe and Asia fell Monday amid concerns about a slowdown in the U.S. economy and the outlook for corporate profits.
|
|
|
Fewer large corporations audited by IRS
Apr 14 2008 5:27AM (CT)
WASHINGTON (AP) - The tax audit rates of the largest companies are less than half what they were 20 years ago while more small and mid-size businesses are coming under scrutiny, according to an organization that monitors the Internal Revenue Service.
|
|
|
Taiwan economic plan gets China boost
Apr 14 2008 3:51AM (CT)
TAIPEI, Taiwan (AP) - Taiwan's President-elect Ma Ying-jeou received a huge gift over the weekend _ support from China's leader for two of Ma's proposals that could boost tourism and the island's economic growth.
|
|
|
|
|
|