business
FCC set to unveil broadband proposal
WASHINGTON – More corners of the country would have high-speed Internet access and existing connections would become much faster under a sweeping proposal to overhaul U.S. broadband policy...
March 16, 2010 01:00 AM | 0 0 comments | 1 1 recommendations | email to a friend
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Fed meeting dampens stocks
NEW YORK – Investors turned cautious Monday ahead of the Federal Reserve’s meeting on interest rates. Major stock indexes closed narrowly mixed after trading lower for most of the ...
March 16, 2010 01:00 AM | 0 0 comments | 2 2 recommendations | email to a friend
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Social Security to cash federal IOUs
PARKERSBURG , W.Va. – The retirement nest egg of an entire generation is stashed away in this small town along the Ohio River: $2.5 trillion in IOUs from the federal government, payable to ...
March 15, 2010 01:00 AM | 0 0 comments | 4 4 recommendations | email to a friend
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Economists clash, sow confusion on Wall Street's future
NEW YORK – If you’re confused about the outlook for the economy and stocks one year after the market hit bottom, then you’ve got good company – the Wall Street economis...
March 14, 2010 01:00 AM | 0 0 comments | 2 2 recommendations | email to a friend
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Derivatives divide regulators
NEW YORK – To European officials, financial derivatives are dangerous weapons that worsened Greece’s debt crisis and should be curbed. To Wall Street, they’re tools that redu...
March 14, 2010 01:00 AM | 0 0 comments | 3 3 recommendations | email to a friend
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Fed candidate might favor low rates
WASHINGTON – 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 unemp...
March 13, 2010 01:00 AM | 0 0 comments | 1 1 recommendations | email to a friend
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Stocks end mixed after uneven data is released
NEW YORK – Mixed economic reports held the stock market to only modest moves Friday but gains for the week were strong. Uneven figures on retail sales and consumer confidence gave invest...
March 13, 2010 01:00 AM | 0 0 comments | 3 3 recommendations | email to a friend
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A shopper checks out a new hat he purchased along Roosevelt Road in Chicago. Retail sales posted a surprising 0.3 percent increase in February, raising hopes the economy is gaining momentum. Retail sales numbers offer surprise
WASHINGTON – Retail sales posted a surprising increase in February as consumers did not let major snowstorms stop them from racking up purchases. The advance, the biggest since November, p...
March 13, 2010 01:00 AM | 0 0 comments | 1 1 recommendations | email to a friend
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Stocks continue to climb as financial shares rise
NEW YORK – A rally in financial stocks Thursday helped the market extend its grind higher to a third day. The Standard & Poor’s 500 index cleared an important hurdle watched by...
March 12, 2010 01:00 AM | 0 0 comments | 1 1 recommendations | email to a friend
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Prem Kalra, 72, watches with his old Bajaj super scooter as a motorcyclist whizzes past in New Delhi, India. Once there was the waiting list to buy Bajaj scooters, a wait which often lasted for years. There was the pride of that first ride and you knew that you’d finally made it to the middle class. Later this month, Bajaj’s last scooter will roll out from its factory, ending an era in India’s transition from dreary socialist economy into a consumerist powerhouse. India's middle class forsakes iconic vehicle for motorcycles
NEW DELHI – It was a purchase to be remembered. There was the years-long waiting list to buy it and the jealous stares once you finally got it home. There was the pride of that first rid...
March 15, 2010 01:00 AM | 0 0 comments | 1 1 recommendations | email to a friend
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Shannon ‘Batousaii’ Dunne stands with a holstered Ruger Vaquero handgun and sips a Starbucks coffee drink while watching an anti-gun rally in Seattle. Starbucks is sticking to its policy of letting customers carry guns where it is legal and said it does not want to be put in the middle of a larger gun-control debate. Guns n' retailers
NEW YORK – Guns. Religion. Abortion. These are the no-win arguments that spoil family gatherings – and the stuff of retailers’ nightmares. Starbucks has found itself in the m...
March 14, 2010 01:00 AM | 0 0 comments | 2 2 recommendations | email to a friend
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Nicholas Brigandi, center, of NYSE Euronext helps direct trading in shares of Merck & Co. on the floor of the New York Stock Exchange. If you’re confused about the outlook for the economy and the stock market, then you’ve got good company — the Wall Street economists and strategists who are supposed to have this all figured out. Even pros stumped by mixed stock messages
NEW YORK – If you’re confused about the outlook for the economy and stocks one year after the market hit bottom, then you’ve got good company – the Wall Street economis...
March 08, 2010 01:00 AM | 0 0 comments | 2 2 recommendations | email to a friend
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German Chancellor Angela Merkel, left, and Greek Prime Minister George Papandreou participate in a joint news conference in Berlin on Friday. Papandreou discussed the current financial crisis in Greece with Merkel. He meets with French President Nicolas Sarkozy today. French president backing Greece
PARIS – Fellow euro-zone countries cannot abandon debt-ridden Greece because doing so would defeat the purpose of the common currency project, French President Nicolas Sarkozy said Saturda...
March 07, 2010 01:00 AM | 0 0 comments | 1 1 recommendations | email to a friend
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Real estate agent Tim Surratt poses in front of one of his properties in Houston. The $6,500 repeat buyer tax credit has had little effect on the housing market. Repeat-buyer tax credit falls flat
It sounded like a great idea three months ago: Hand homeowners a $6,500 tax credit to find a new place to live, giving a thrust of energy to the housing market’s recovery. So far, people are...
March 01, 2010 01:00 AM | 0 0 comments | 3 3 recommendations | email to a friend
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Chinese Premier Wen Jiabao, center, chats online with netizens at two state news portals in Beijing on Saturday. Wen said 2010 will be the most complicated year for the country s economy, and he promised the government would fight inflation and soaring property prices. China: 2010 will be 'most complicated'
BEIJING – Premier Wen Jiabao promised Saturday to control inflation and keep China’s economic recovery on track and expressed hope for an end to tensions with Washington over trade a...
February 28, 2010 01:00 AM | 0 0 comments | 3 3 recommendations | email to a friend
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A sign on a 2010 Camry assures customers that the car has not been affected by the recall at Bay Ridge Toyota in New York. With Toyota waging a furious lobbying and advertising battle to protect its name following the recall of 8.5 million vehicles, many of its 1,200 dealers are taking matters into their own hands. A group in Southern California almost retained the PR firm Sitrick and Co. of Los Angeles. Toyota dealers try to repair image
WASHINGTON – How rattled are Toyota dealers about the company’s problems? Some dealerships nearly hired the same crisis public relations firm that handled the travails of socialite P...
February 22, 2010 01:00 AM | 0 0 comments | 1 1 recommendations | email to a friend
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First lady Michelle Obama is greeted by West Virginia Governor Joe Manchin III as she is introduced to speak at the National Governors Association Winter Meeting. Gubernatorial gathering
WASHINGTON – On the recession’s front lines, governors are struggling to chart the road ahead for states staggered by unrelenting joblessness and cut-to-the-bone budgets even as Wash...
February 21, 2010 01:00 AM | 0 0 comments | 2 2 recommendations | email to a friend
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Schools in China say they weren't behind hacking
SHANGHAI – Two prominent schools in China dispute allegations that hacking attacks on Google and other firms originated from them, a report said Saturday. The New York Times reported late ...
February 21, 2010 01:00 AM | 0 0 comments | 2 2 recommendations | email to a friend
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Marc Stewart, left, and Kyle Burns, two members of the pop rock band Forever the Sickest Kids, face off with the Nerf N-Strike Deploy CS-6 and the Nerf N-Strike Raider Rapid Fire CS-35 blasters, both part of the new Clear Series Special Edition line of Nerf products, as they tour the Hasbro showroom at the American International Toy Fair in New York on Saturday. Beep, squeak, ka-ching!
NEW YORK – If the Zhu Zhu Pets taught a lesson, it’s that a bit of technology and a low price tag can go a long way. Toy makers are taking that experience to heart. From a digital ...
February 14, 2010 01:00 AM | 0 0 comments | 2 2 recommendations | email to a friend
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