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Updated: 19 min 39 sec ago

Runaway Prius case presents nagging questions (AP)

2 hours 26 min ago

AP - Investigators are confronted with a series of nagging questions as they try to unravel the case of a California real estate agent who said his Toyota Prius turned into a runaway death trap after the gas pedal became stuck.


Categories: BUSINESS

Orange County prosecutor sues Toyota over defects (AP)

5 hours 22 min ago

AP - The Orange County district attorney has filed a lawsuit against Toyota Motor Corp., accusing the automaker of knowingly selling hundreds of thousands of vehicles with acceleration defects.


Categories: BUSINESS

Nortel Networks posts profit in 4Q (AP)

5 hours 58 min ago

AP - Bankrupt telecom equipment maker Nortel Networks Corp. said Friday it posted a profit in the fourth quarter, thanks to a large gain related to an asset sale.

Categories: BUSINESS

Examiner unveils Lehman accounting tricks (AP)

6 hours 4 min ago

AP - An accounting gimmick called Repo 105 provided financial relief for Lehman Brothers in the months before its spectacular collapse, an autopsy of the once-venerable Wall Street house has found. The question now is whether the trickery spells legal jeopardy for executives of Lehman or its auditors Ernst & Young.


Categories: BUSINESS

Euro zone agrees bailout for Greece: report (Reuters)

6 hours 5 min ago

Reuters - The euro zone has agreed a multi-billion euro bailout for heavily indebted Greece as part of a package to support the euro, the Guardian newspaper reported on Saturday.

Categories: BUSINESS

GOP's Ryan Dissects ObamaCare, Lays Out 'Roadmap' To Health (Investor's Business Daily)

6 hours 55 min ago

Investor's Business Daily - Rep. Paul Ryan, R-Wis., took the national stage last month as he cut down Democratic health care plans point by point. If the GOP should win back the House In November, Ryan will become chairman of the House Budget Committee. And he has lots of ideas. He recently updated his "Roadmap for America's Future" to address many issues, including the budget deficit, entitlement programs, the tax system and health care.

Categories: BUSINESS

Middle-class NYC apartment complex sold at auction (AP)

7 hours 24 min ago

AP - The developer of a high profile middle-class Harlem apartment complex has lost ownership of the property after defaulting on the mortgage.

Categories: BUSINESS

Examiner unveils Lehman accounting tricks (AP)

7 hours 26 min ago

AP - An accounting gimmick called Repo 105 provided financial relief for Lehman Brothers in the months before its spectacular collapse, an autopsy of the once-venerable Wall Street house has found. The question now is whether the trickery spells legal jeopardy for executives of Lehman or its auditors Ernst & Young.


Categories: BUSINESS

Regulators shut banks in NY, Florida, Louisiana (AP)

7 hours 30 min ago

AP - Regulators on Friday shut down banks in New York, Florida and Louisiana, raising to 30 the number of failures this year of federally insured banks.


Categories: BUSINESS

Runaway Prius case presents nagging questions (AP)

7 hours 31 min ago

AP - Investigators are confronted with a series of nagging questions as they try to unravel the case of a California real estate agent who said his Toyota Prius turned into a runaway death trap after the gas pedal became stuck.


Categories: BUSINESS

Stocks end mixed after mixed economic reports (AP)

8 hours 26 sec ago

AP - Mixed economic reports held the stock market to only modest moves Friday but gains for the week were strong.


Categories: BUSINESS

Hot pursuit: Competition heats up for police cars (AP)

8 hours 8 min ago

AP - Ford Motor Co. wants to remain the top gun in the U.S. police car market with a new cruiser due out next year, but its competitors are in hot pursuit.

Categories: BUSINESS

Business Highlights (AP)

8 hours 12 min ago

AP - Retail sales show surprising gain in February

Categories: BUSINESS

Oil-Dri board approves additional share buy-backs (AP)

8 hours 21 min ago

AP - Cat litter maker Oil-Dri Corp. of America said Friday its board approved the repurchase of 250,000 more shares and declared a quarterly dividend on common and Class B shares.

Categories: BUSINESS

QAD shares slide after 4th-quarter revenue drops (AP)

8 hours 27 min ago

AP - Shares of QAD Inc. sank Friday after the business software provider reported a drop in fourth-quarter revenue and predicted another drop for the first quarter.

Categories: BUSINESS

Yellen at Fed would likely favor low-rate policy (AP)

8 hours 49 min ago

AP - President Barack Obama's likely choice of Janet Yellen to become vice chairman of the Federal Reserve would favor a policy that stresses low interest rates to ease unemployment over higher rates to curb inflation.


Categories: BUSINESS

Borrowers wait for answers on Obama loan plan (AP)

Sat, 13/03/2010 - 00:34

AP - Hundreds of thousands of homeowners are in limbo waiting to find out if they will be accepted for the Obama administration's foreclosure prevention program.

Categories: BUSINESS

Nucor CEO's pay package falls 43 percent (AP)

Sat, 13/03/2010 - 00:31

AP - An Associated Press calculation finds that steel maker Nucor Corp. paid its CEO fell 43 percent last year as it eliminated cash bonuses for executives to help it weather the recession.

Categories: BUSINESS

Retail sales show surprising gain in February (AP)

Sat, 13/03/2010 - 00:30

AP - Retail sales posted a surprising increase in February as consumers refused to let snowstorms stop them from stepping up purchases for everything from clothes to appliances. The improvement provided hope that the recovery from the Great Recession is gaining momentum.


Categories: BUSINESS

L.L. Bean sales fall in 2009 (AP)

Sat, 13/03/2010 - 00:13

AP - Sales dipped for L.L. Bean for the second consecutive year in 2009 but the outdoors clothing retailer managed to beat its own projections, the company said Friday. The company also reported that online sales outpaced catalog orders for the entire year for the first time.

Categories: BUSINESS

 

 

 
 

 

 

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