Business

October sales gains lift hopes for housing market

October sales gains lift hopes for housing market

First-time buyers seized on a tax credit, combined with low mortgage rates and falling prices, to boost home sales in October to their highest level in 2 1/2 years.

New Nov 23, 2009 | 1:30 pm

Google scoops up display ad specialist Teracent

Google Inc. has snapped up another startup in its quest to sell more visual advertising on the Web.

New Nov 23, 2009 | 12:35 pm

Weak dollar, home sales data carry stocks higher

Weak dollar, home sales data carry stocks higher

The Dow Jones industrial average stormed to its highest level in more than a year Monday as a falling dollar boosted prices for gold, oil and other commodities.

New Nov 23, 2009 | 1:05 pm

Gas prices fall to begin busy travel week

Gas prices fall to begin busy travel week

Retail gasoline prices headed downward to begin one of the country's busiest travel weeks, with more than 33 million people expected to hit the road for the Thanksgiving holiday.

New Nov 23, 2009 | 1:15 pm

Canada woman to fight insurance co. over Facebook

A Canadian woman on sick leave for depression said Monday she would fight an insurance company's decision to cut her benefits after her agent found photos on Facebook of her vacationing, at a bar and at a party.

New Nov 23, 2009 | 12:55 pm

Economic survey: Job losses to bottom out in 1Q

Economic survey: Job losses to bottom out in 1Q

Economists expect the joblessness that has weighed down the nation's economic recovery will start to slowly abate in 2010, but they predict consumers will continue to keep a tight rein on spending, according to a new survey.

New Nov 23, 2009 | 12:15 pm

AP Poll: Debt stress turns shoppers into Scrooges

AP Poll: Debt stress turns shoppers into Scrooges

A lot more Americans are feeling stressed out by debt this holiday season, raising the glum likelihood they'll behave like Scrooge rather than Santa.

New Nov 23, 2009 | 1:30 pm

Friends go online at Foursquare to meet offline

Friends go online at Foursquare to meet offline

Laura Fitton's ascent has been staggering: In less than a year, she's become mayor of nine different places in several different states, all without giving any speeches or kissing any babies.

New Nov 23, 2009 | 12:10 pm

Campbell Soup earnings rise as expenses fall

Campbell Soup earnings rise as expenses fall

Price-conscious grocery shoppers are being choosy about what they buy to cook at home, even from the value-oriented Campbell Soup Co.

Nov 23, 2009 | 11:05 am

October home sales rise 10.1 pct from September

October home sales rise 10.1 pct from September

Home sales surged for the second month in a row in October, climbing to the highest level in 2 1/2 years as first-time buyers rushed to take advantage of an expiring tax credit.

Nov 23, 2009 | 9:50 am

Late payments on credit cards drop in 3rd quarter

Late payments on credit cards drop in 3rd quarter

Consumers got more serious about paying down their credit card debt this summer, a time when deliquencies usually to go up.

New Nov 23, 2009 | 1:20 pm

GM wants gov'ts to help pay $4.9 bn restructuring

General Motors Co. on Monday asked European governments to help pay most of the euro3.3 billion ($4.9 billion) it needs to restructure its struggling European operations.

Nov 23, 2009 | 9:35 am

Tyson Foods posts 4Q loss on beef charge

Tyson Foods posts 4Q loss on beef charge

Tyson Foods Inc. said it made strides in the meat business this year and predicts more improvements next year, but analysts worry the company's all-important chicken business is lagging others in the industry.

New Nov 23, 2009 | 1:25 pm

Cadbury shares rise on report of Nestle interest

Cadbury shares rise on report of Nestle interest

Shares in British chocolate maker Cadbury PLC hit their highest level in at least five years Monday on reports that another rival, Switzerland's Nestle SA, may make a takeover bid.

New Nov 23, 2009 | 1:10 pm

IMF chief: Global economy still fragile

The international economy is still fragile and vulnerable to shocks despite recent improvements in financial markets, the managing director of the International Monetary Fund said Monday.

Nov 23, 2009 | 6:50 am

EADS execs on trial for alleged insider trading

Seventeen executives at Airbus parent company EADS went on trial Monday for allegedly making millions in profits on the back of their company's troubles with the delayed A380 superjumbo project.

Nov 23, 2009 | 6:05 am

Oil rises above $78 amid Iranian war games

Oil prices rose above $78 a barrel Monday as Iran's war games, aimed at protecting its nuclear plants, deepened tensions in the oil-rich region.

Nov 23, 2009 | 4:50 am

World markets rally as gold hits new record high

World markets rally as gold hits new record high

World markets rose sharply Monday amid further hopeful signs about the economic recovery. Commodity stocks led the charge, particularly in London, after gold hit another record high amid renewed dollar weakness.

Nov 23, 2009 | 4:40 am

Heritage Oil to sell Ugandan fields to Italy's Eni

British oil exploration company Heritage Oil PLC said Monday it has agreed to sell its stakes in two Ugandan fields to Italy's Eni SpA for up to $1.5 billion.

Nov 23, 2009 | 4:35 am

Germany warns fellow EU gov'ts against GM jobs aid

Germany warned fellow European governments on Monday against offering financial aid to General Motors Europe in exchange for job guarantees, hours ahead of a meeting in Brussels to discuss the future of the company.

Nov 23, 2009 | 4:30 am

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