Latest Business News
Economic Figures
Dollar & Gold News
Board of Trade News
Personal Finance
|
|
|
|
|
|
Oil rises to near $94 in Asian trading
Nov 1 2007 11:46PM (CT)
SINGAPORE (AP) - Oil prices rose Friday after the previous session's decline prompted fresh buying amid expectations that crude futures will continue to test new records because of tight supplies.
|
|
|
Oil rises to near $94 in Asian trading
Nov 1 2007 11:46PM (CT)
SINGAPORE (AP) - Oil prices rose Friday after the previous session's decline prompted fresh buying amid expectations that crude futures will continue to test new records because of tight supplies.
|
|
|
Oil rises to near $94 in Asian trading
Nov 1 2007 11:46PM (CT)
SINGAPORE (AP) - Oil prices rose Friday after the previous session's decline prompted fresh buying amid expectations that crude futures will continue to test new records because of tight supplies.
|
|
|
Oil rises to near $94 in Asian trading
Nov 1 2007 11:46PM (CT)
SINGAPORE (AP) - Oil prices rose Friday after the previous session's decline prompted fresh buying amid expectations that crude futures will continue to test new records because of tight supplies.
|
|
|
Chrysler to cut up to 12,000 jobs
Nov 1 2007 11:32PM (CT)
DETROIT (AP) - Chrysler's U.S. hourly workers, worried about job security, barely passed a new four-year contract with the automaker in votes that concluded last weekend. It turns out their fears were well-founded: The company now plans to cut 12,000 jobs.
|
|
|
Chrysler to cut up to 12,000 jobs
Nov 1 2007 11:32PM (CT)
DETROIT (AP) - Chrysler's U.S. hourly workers, worried about job security, barely passed a new four-year contract with the automaker in votes that concluded last weekend. It turns out their fears were well-founded: The company now plans to cut 12,000 jobs.
|
|
|
Chrysler to cut up to 12,000 jobs
Nov 1 2007 11:32PM (CT)
DETROIT (AP) - Chrysler's U.S. hourly workers, worried about job security, barely passed a new four-year contract with the automaker in votes that concluded last weekend. It turns out their fears were well-founded: The company now plans to cut 12,000 jobs.
|
|
|
Chrysler to cut up to 12,000 jobs
Nov 1 2007 11:32PM (CT)
DETROIT (AP) - Chrysler's U.S. hourly workers, worried about job security, barely passed a new four-year contract with the automaker in votes that concluded last weekend. It turns out their fears were well-founded: The company now plans to cut 12,000 jobs.
|
|
|
5 million frozen pizzas recalled
Nov 1 2007 10:03PM (CT)
MINNEAPOLIS (AP) - General Mills on Thursday recalled about 5 million frozen pizzas sold nationwide under the Totino's and Jeno's labels because of possible E. coli contamination.
|
|
|
Asian stocks plunge in early trading
Nov 1 2007 10:01PM (CT)
TOKYO (AP) - Japan's benchmark stock index plunged more than 300 points in early trading Friday, following large losses in New York overnight because of concerns over a possible end to interest rate cuts and a slowing U.S. economy.
|
|
|
Japan's Nikkei plunges in early trading
Nov 1 2007 8:03PM (CT)
TOKYO (AP) - Japan's Nikkei 225 index plunged more than 300 points in early trading Friday, following large losses in New York because of concerns about an end to interest rate cuts and a slowing U.S. economy.
|
|
|
Cuomo: Appraisers inflated home values
Nov 1 2007 6:30PM (CT)
ALBANY, N.Y. (AP) - New York Attorney General Andrew Cuomo said Thursday a major real estate appraisal company colluded with the nation's largest savings and loan company to inflate the values of homes nationwide, contributing to the subprime mortgage crisis.
|
|
|
Ala. court cuts $3.6B verdict vs. Exxon
Nov 1 2007 6:10PM (CT)
MONTGOMERY, Ala. (AP) - The Alabama Supreme Court on Thursday threw out nearly all of a record $3.6 billion verdict that the state government won against Exxon Mobil Corp. in a dispute over natural gas royalties.
|
|
|
Ala. court cuts $3.6B verdict vs. Exxon
Nov 1 2007 6:10PM (CT)
MONTGOMERY, Ala. (AP) - The Alabama Supreme Court on Thursday threw out nearly all of a record $3.6 billion verdict that the state government won against Exxon Mobil Corp. in a dispute over natural gas royalties.
|
|
|
GM, Asian automakers report gains
Nov 1 2007 4:50PM (CT)
DETROIT (AP) - Despite California wildfires and continuing problems in the housing market, General Motors and its Asian rivals posted U.S. sales increases in October and Toyota continued its drive to replace Ford as the No. 2 U.S. automaker, according to sales results released Thursday.
|
|
|
GM, Asian automakers report gains
Nov 1 2007 4:50PM (CT)
DETROIT (AP) - Despite California wildfires and continuing problems in the housing market, General Motors and its Asian rivals posted U.S. sales increases in October and Toyota continued its drive to replace Ford as the No. 2 U.S. automaker, according to sales results released Thursday.
|
|
|
GM, Asian automakers report gains
Nov 1 2007 4:50PM (CT)
DETROIT (AP) - Despite California wildfires and continuing problems in the housing market, General Motors and its Asian rivals posted U.S. sales increases in October and Toyota continued its drive to replace Ford as the No. 2 U.S. automaker, according to sales results released Thursday.
|
|
|
Eastman Kodak posts 3Q profit, sales dip
Nov 1 2007 4:42PM (CT)
ROCHESTER, N.Y. (AP) - Eastman Kodak Co., rounding the final bend in a four-year digital overhaul, swung to a $37 million profit in the third quarter Thursday as digital revenue almost tripled and wider profit margins overshadowed a slight drop in overall sales.
|
|
|
Fed pumps $41B into US financial system
Nov 1 2007 4:15PM (CT)
WASHINGTON (AP) - The Federal Reserve pumped $41 billion into the U.S. financial system Thursday, the largest cash infusion since September 2001, to help companies get through a credit crunch.
|
|
|
Exxon Mobil profit down, sales at record
Nov 1 2007 3:38PM (CT)
HOUSTON (AP) - Even Exxon Mobil Corp., the world's biggest publicly traded oil company and king of record corporate profits, couldn't overcome the negative effect higher crude oil prices had on its refining business in the third quarter.
|
|
|
Oil, gold prices fall from record highs
Nov 1 2007 3:23PM (CT)
NEW YORK (AP) - Commodities retreated Thursday as weaker readings on the U.S. economy raised concerns that demand for raw materials could slow in the coming months. Oil, metals and agricultural futures fell.
|
|
|
Oil, gold prices fall from record highs
Nov 1 2007 3:23PM (CT)
NEW YORK (AP) - Commodities retreated Thursday as weaker readings on the U.S. economy raised concerns that demand for raw materials could slow in the coming months. Oil, metals and agricultural futures fell.
|
|
|
Exxon Mobil profit down, sales at record
Nov 1 2007 12:17PM (CT)
HOUSTON (AP) - Exxon Mobil Corp., the world's biggest publicly traded oil company, said Thursday its profit fell 10 percent in the third quarter as higher crude prices failed to offset lower natural gas prices and refining and chemical margins.
|
|
|
Manufacturing growth slows in Oct.
Nov 1 2007 11:09AM (CT)
NEW YORK (AP) - U.S. manufacturing grew in October at the weakest pace since March, suggesting that ongoing troubles in the housing and credit markets have seeped into the industrial sector.
|
|
|
30-year mortgage rates fall sharply
Nov 1 2007 10:56AM (CT)
WASHINGTON (AP) - Rates on 30-year mortgages fell to the lowest level in five months as evidence mounted that the economy is slowing down.
|
|
|
Foreclosure filings soar in 3Q
Nov 1 2007 10:52AM (CT)
LOS ANGELES (AP) - A soaring number of U.S. homeowners struggled to make mortgage payments in the third quarter, with properties in some stage of foreclosure more than doubling from the same time last year, a mortgage data company said Thursday.
|
|
|
Treasury prices rally on safety concerns
Nov 1 2007 10:50AM (CT)
NEW YORK (AP) - Treasury prices rallied Thursday as consumer spending and manufacturing data left investors expecting a period of economic shakiness and seeking the safety of the government bond market.
|
|
|
Sprint Nextel 3Q net drops
Nov 1 2007 10:09AM (CT)
KANSAS CITY, Mo. (AP) - Sprint Nextel Corp.'s quarterly profit plummeted as the nation's third-largest wireless provider said on Thursday its wireless business lost customers and revenue.
|
|
|
Claims for unemployment benefits fall
Nov 1 2007 7:47AM (CT)
WASHINGTON (AP) - The number of newly laid off workers filing claims for unemployment benefits fell by a larger-than-expected amount last week.
|
|
|
Claims for unemployment benefits fall
Nov 1 2007 7:47AM (CT)
WASHINGTON (AP) - The number of newly laid off workers filing claims for unemployment benefits fell by a larger-than-expected amount last week.
|
|
|
Medco Health 3Q profit up 16 percent
Nov 1 2007 7:40AM (CT)
TRENTON, N.J. (AP) - Medco Health Solutions, the nation's largest prescription benefit manager, said Thursday its net income rose almost 16 percent in the third quarter and raised its outlook for the full year.
|
|
|
Medco Health 3Q profit up 16 percent
Nov 1 2007 7:40AM (CT)
TRENTON, N.J. (AP) - Medco Health Solutions, the nation's largest prescription benefit manager, said Thursday its net income rose almost 16 percent in the third quarter and raised its outlook for the full year.
|
|
|
China hikes fuel prices amid shortages
Nov 1 2007 6:40AM (CT)
BEIJING (AP) - China raised gasoline and diesel prices Thursday by about 10 percent to curb demand amid shortages that have caused long lines at filling stations and disrupted trucking in key export areas.
|
|
|
China hikes fuel prices amid shortages
Nov 1 2007 6:40AM (CT)
BEIJING (AP) - China raised gasoline and diesel prices Thursday by about 10 percent to curb demand amid shortages that have caused long lines at filling stations and disrupted trucking in key export areas.
|
|
|
China hikes fuel prices amid shortages
Nov 1 2007 6:40AM (CT)
BEIJING (AP) - China raised gasoline and diesel prices Thursday by about 10 percent to curb demand amid shortages that have caused long lines at filling stations and disrupted trucking in key export areas.
|
|
|
China hikes fuel prices amid shortages
Nov 1 2007 6:40AM (CT)
BEIJING (AP) - China raised gasoline and diesel prices Thursday by about 10 percent to curb demand amid shortages that have caused long lines at filling stations and disrupted trucking in key export areas.
|
|
|
Credit Suisse 3Q profit drops 31 percent
Nov 1 2007 6:40AM (CT)
ZURICH, Switzerland (AP) - Credit Suisse Group's third-quarter profit dropped 31 percent, hurt by writedowns caused by the U.S. housing market slowdown and lower demand for buyout loans, the company said Thursday.
|
|
|
Credit Suisse 3Q profit drops 31 percent
Nov 1 2007 6:40AM (CT)
ZURICH, Switzerland (AP) - Credit Suisse Group's third-quarter profit dropped 31 percent, hurt by writedowns caused by the U.S. housing market slowdown and lower demand for buyout loans, the company said Thursday.
|
|
|
CVS Caremark 3Q profit soars
Nov 1 2007 6:29AM (CT)
WOONSOCKET, R.I. (AP) - CVS Caremark Corp., the nation's largest pharmacy chain, said Thursday its third-quarter profit more than doubled due to same-store sales gains and the use of more generic drugs.
|
|
|
State Street sued over bond fund losses
Nov 1 2007 5:20AM (CT)
BOSTON (AP) - Institutional money manager State Street Corp. now faces three lawsuits over its management of bond funds that were touted for their conservative investment strategies, yet posted losses over the summer because of risky holdings tied to the subprime mortgage industry.
|
|
|
Starbucks launches bottled java in China
Nov 1 2007 5:13AM (CT)
SHANGHAI, China (AP) - Starbucks has come a long way in making itself a household name in this nation of tea drinkers, creating a "coffee house" niche where none existed before.
|
|
|
Starbucks launches bottled java in China
Nov 1 2007 5:13AM (CT)
SHANGHAI, China (AP) - Starbucks has come a long way in making itself a household name in this nation of tea drinkers, creating a "coffee house" niche where none existed before.
|
|
|
Starbucks launches bottled java in China
Nov 1 2007 5:13AM (CT)
SHANGHAI, China (AP) - Starbucks has come a long way in making itself a household name in this nation of tea drinkers, creating a "coffee house" niche where none existed before.
|
|
|
Starbucks launches bottled java in China
Nov 1 2007 5:13AM (CT)
SHANGHAI, China (AP) - Starbucks has come a long way in making itself a household name in this nation of tea drinkers, creating a "coffee house" niche where none existed before.
|
|
|
Starbucks launches bottled java in China
Nov 1 2007 5:13AM (CT)
SHANGHAI, China (AP) - Starbucks has come a long way in making itself a household name in this nation of tea drinkers, creating a "coffee house" niche where none existed before.
|
|
|
Starbucks launches bottled java in China
Nov 1 2007 5:13AM (CT)
SHANGHAI, China (AP) - Starbucks has come a long way in making itself a household name in this nation of tea drinkers, creating a "coffee house" niche where none existed before.
|
|
|
Starbucks launches bottled java in China
Nov 1 2007 5:13AM (CT)
SHANGHAI, China (AP) - Starbucks has come a long way in making itself a household name in this nation of tea drinkers, creating a "coffee house" niche where none existed before.
|
|
|
Starbucks launches bottled java in China
Nov 1 2007 5:13AM (CT)
SHANGHAI, China (AP) - Starbucks has come a long way in making itself a household name in this nation of tea drinkers, creating a "coffee house" niche where none existed before.
|
|
|
Cropland prices shackle some farmers
Nov 1 2007 5:00AM (CT)
DAYTON, Ohio (AP) - The last time fifth-generation farmer Brian Harbage could afford new cropland was in 1999, when he added a modest 62 acres to his corn-and-soybean operation.
|
|
|
Cropland prices shackle some farmers
Nov 1 2007 5:00AM (CT)
DAYTON, Ohio (AP) - The last time fifth-generation farmer Brian Harbage could afford new cropland was in 1999, when he added a modest 62 acres to his corn-and-soybean operation.
|
|
|
Cropland prices shackle some farmers
Nov 1 2007 5:00AM (CT)
DAYTON, Ohio (AP) - The last time fifth-generation farmer Brian Harbage could afford new cropland was in 1999, when he added a modest 62 acres to his corn-and-soybean operation.
|
|
|
Investors' buyout of Puget faces hurdle
Nov 1 2007 2:08AM (CT)
NEW YORK (AP) - An agreement by a group of private investors to acquire utility company Puget Energy Inc. would be a boon for shareholders and should not harm ratepayers, although regulatory approval of the deal remains uncertain, analysts said.
|
|
|
|
|
|