SAN FRANCISCO - The struggling Internet company AOL plans to shed up to 2,500 jobs - more than a third of its work force - as it prepares to separate from Time Warner and finally sever their ill-fa...
Weak data, strong dollar hurt stocks
NEW YORK – Signs of a subdued economic recovery sent investors out of stocks Thursday and in search of safer assets such as the dollar. Major indexes tumbled about 1 percent, including t...
Stimulus watch
WASHINGTON – The government watchdog overseeing economic stimulus spending said Thursday that, in its rush to take credit for saving hundreds of thousands of jobs, the Obama administration...
Easy come, easy go
ATLANTA - Another fee is coming in the new year for airline and hotel customers – this time from your credit card company. The message: Pay your bill on time or forfeit the miles or points ...
Delta offers $1B to Japan Airlines
TOKYO – Delta Air Lines and its alliance partners said Wednesday they are making a billion dollar offer to lure loss-making Japan Airlines from its affiliation with American Airlines. Delt...
Still under stress
WASHINGTON – A decline in factory production in October signals that consumers and businesses remain cautious in their spending, with the economic recovery likely to be sluggish. At the sa...
Report: 10 states face looming disasters
SACRAMENTO , Calif. – In Arizona, the budget has grown so gloomy that lawmakers are considering mortgaging Capitol buildings. In Michigan, state officials dealing with the nation’s hi...
Stock volatility may indicate end of months-long upswing
Stock market volatility is back, a signal to some experts that the powerful rally that started in early March may be coming to an end. The Dow Jones industrial average rose or fell more than 100 p...
Southeast among areas hit hardest, recovering slowest
The economic recovery is proceeding unevenly in its early stages, with areas hurt most by the housing slump still lagging behind other regions, according to a monthly analysis of economic stress i...
Boehner: GOP has right answers on health care
WASHINGTON – Republicans have the answers to lower health costs and expanded coverage, not the Democrats who hold power in Washington and are creating more problems as they “reckless...
Amazon.com, Wal-Mart engaged in book price war
CHICAGO – Taking a page from its original playbook, Wal-Mart Stores Inc. launched a full-fledged price war with Amazon.com Inc. and a nation of book retailers, lowering online prices on ce...