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November 07, 2009
As China’s economy grows, so do its garbage woes
ZHANGLIDONG, China—Visitors can smell this village long before they see it. More than 100 dump trucks piled high with garbage line the narrow road...
Wal-Mart, Amazon, Target in DVD price war
First it was books. Now it’s DVDs. Wal-Mart Stores Inc. started another price war Thursday, trimming the online preorder prices of some upcoming...
November 02, 2009
3 strong economic reports lift hopes for recovery
Hopes for the fledgling economic recovery got a boost today from better-than-expected news on manufacturing, construction and contracts to buy homes.
November 01, 2009
Lender CIT Group seeks bankruptcy protection
Lender CIT Group has filed for Chapter 11 protection in an attempt to restructure its debt while trying to keep badly needed loans flowing to thousands...
Ford workers are said to vote no on contract changes
DETROIT—Ford Motor Co. workers have overwhelmingly rejected contract changes that would have allowed the automaker to cut labor costs, a source said...
October 26, 2009
Madoff associate had heart attack, drowned in pool
An autopsy shows an associate of jailed financial manager Bernard Madoff had a heart attack and drowned while swimming in the pool at his Palm Beach mansion....
October 22, 2009
Treasury to order bailed-out firms to slash pay
The Treasury Department is ordering seven big companies that haven’t paid back last year’s government bailouts to halve their top executives’...
October 17, 2009
Earnings from Bank of America, General Electric
Bank of America Corp. lost more than $2.2 billion in the third quarter as loan losses kept rising, providing more evidence that consumers are still struggling...
October 16, 2009
Billionaire among 6 arrested in insider trading case
One of the wealthiest men in America was among six financially influential people arrested by federal authorities Friday in a hedge fund insider trading...
October 11, 2009
U.S. warns airlines about limits on lost-bag payments
Airlines shouldn’t be too cheap when it comes to helping customers whose bags are lost. The Transportation Department said airlines can’t arbitrarily...
Do your homework before applying for a credit card
Shopping for a credit card is a lot more complicated than it used to be. That might be a hard pill to swallow if your terms were unfavorably tweaked in...
October 09, 2009
New jobless claims continue to fall
The number of newly laid-off workers filing first-time claims for jobless benefits fell to the lowest level since early January, as layoffs eased a bit...
Retailers post small gains in September
Americans are finally spending a little more, but they’re playing hard to get. A tally of sales at top nationwide stores managed a gain in September...
Senate Dems report deal to extend jobless benefits
Senate Democrats said yesterday that they have reached a deal to extend unemployment insurance benefits to the nearly 2 million jobless workers across...
Tasters greenlight Kroger store brands
Before they reach store shelves, food and drinks proposed to be made for Kroger Co.‘s brands must pass muster with taste-testers who are paid in...
October 08, 2009
Alcoa returns to profit as cost cuts, sales help
Painful cost-cutting and rising sales to automakers helped the nation’s largest aluminum producer return to profitability for the first time in nine...
Reports still show U.S. consumer in distress
People aren’t just shopping more at Family Dollar. They’re buying the lowest-priced stuff on its racks. Pizza Hut was left hungering for sales...
Neiman Marcus scales back luxury in Christmas Book
With even super-affluent shoppers tightening their Gucci belts, luxury retailer Neiman Marcus Group Inc. unveiled its Christmas Book with a nod to the...
October 02, 2009
Jobs, manufacturing data suggest slow recovery
The economy is having growing pains. Discouraging reports on unemployment and manufacturing reinforced worries that job losses and meager factory output...
Sources say Comcast exploring buying stake in NBC Universal
Comcast Corp. might spend billions for a stake in NBC Universal, a deal that would transform the nation’s largest cable TV provider into one of the...
October 01, 2009
International Monetary Fund: World economy recovering faster than expected
The International Monetary Fund said the global economy is recovering faster than expected — but that governments should not be hasty in withdrawing...
September 25, 2009
G-20 leaders declare summit a success
Major world leaders formed themselves into a new board of directors for the global economy Friday, vowing to overhaul lax financial regulations and work...
September 21, 2009
North Korea shuts down biggest wholesale market
North Korea has shut down its largest wholesale market because of its apparent concern that big markets spread capitalist influence, a South Korean monitoring...
September 18, 2009
World stocks retreat amid thin data
European and Asian markets mostly fell Friday as a lack of new economic data left investors to book profits on the week’s strong rally, which had...
September 13, 2009
Wall Street report for Sunday Sept. 13
For the week that ended Sept. 11. DIVIDENDS Quarterly unless noted Increased Brady Corp .175 from .17 NGP Capital Res .15 from .12 Village Supmkts A .23...
Older employees will drive changes to workplaces
An ergonomics expert says American companies are going to need to make a lot of changes as they adjust to an increasingly gray-haired work force. A recent...
Buying habits changing how stores are run and goods marketed
The Great Recession and Americans’ retreat into thriftiness are teaching retailers a new lesson: How to survive when consumers are focused on “needs”...
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