http://www.wsvn.com/rss/read/news/main/business/ WSVN-TV is a leading news television station in South Florida. News en-us Fri, 10 Feb 2012 16:35:08 GMT webmaster@wsvn.com Copyright 2012 Sunbeam Television Corp. http://www.wsvn.com/rss/read/news/main/business/ http://www.wsvn.com/images/wsvn_rss_logo.gif 144 47 WSVN-TV is a leading news television station in South Florida. Fri, 10 Feb 2012 10:11:12 GMT WASHINGTON -- A landmark $25 billion settlement with the nation's top mortgage lenders was hailed by government officials Thursday as long-overdue relief for victims of foreclosure abuses. But consumer advocates countered that far too few people will benefit. http://www.wsvn.com/rss/read/news/articles/business/21006656467247/ 21006656467247 Fri, 10 Feb 2012 13:49:37 GMT NEW YORK -- U.S. stock futures are following overseas markets lower after Greece's crucial bailout was put on hold by the rest of the eurozone, a day after it seemed that the country had pacified its creditors. http://www.wsvn.com/rss/read/news/articles/business/21006657777783/ 21006657777783 Fri, 10 Feb 2012 13:48:25 GMT NEW YORK -- On a normal day, 4 billion shares of stock change hands on the New York Stock Exchange. One in 10 belongs to a single company. It's not McDonald's or IBM, both of which have been on a tear. http://www.wsvn.com/rss/read/news/articles/business/21006657770541/ 21006657770541 Fri, 10 Feb 2012 15:05:42 GMT NEW YORK -- On a normal day, 4 billion shares of stock change hands on the New York Stock Exchange. One in 10 belongs to a single company. It's not McDonald's or IBM, both of which have been on a tear. http://www.wsvn.com/rss/read/news/articles/business/21006658234229/ 21006658234229 Fri, 10 Feb 2012 16:35:08 GMT DETROIT -- Federal safety regulators are investigating reports of fires in the driver's side doors of 2007 Toyota Camry sedans and RAV4 crossover SUVs. http://www.wsvn.com/rss/read/news/articles/business/21006658770878/ 21006658770878 Fri, 10 Feb 2012 16:22:04 GMT WASHINGTON -- Monthly U.S. exports to Europe grew in December, a hopeful sign after a steep decline the previous month. But, some economists remain concerned that the region's debt crisis will still weigh on the U.S. economy this year. http://www.wsvn.com/rss/read/news/articles/business/21006658692465/ 21006658692465 Thu, 09 Feb 2012 22:56:41 GMT NEW YORK -- The stock market finally got a deal from Greece, but it didn't produce much of a rally. http://www.wsvn.com/rss/read/news/articles/business/21006652420162/ 21006652420162 Thu, 09 Feb 2012 16:31:22 GMT WASHINGTON -- U.S. states have reached a $25 billion deal with the nation's biggest mortgage lenders over foreclosure abuses that occurred after the housing bubble burst. http://www.wsvn.com/rss/read/news/articles/business/21006650108275/ 21006650108275 Thu, 09 Feb 2012 22:56:10 GMT NEW YORK -- A news report says Apple plans to unveil a new iPad early next month. http://www.wsvn.com/rss/read/news/articles/business/21006652417020/ 21006652417020 Fri, 10 Feb 2012 01:50:05 GMT PHILADELPHIA -- Philanthropist Raymond Perelman has been told he can't challenge a former governor's effort to buy The Philadelphia Inquirer and Philadelphia Daily News. http://www.wsvn.com/rss/read/news/articles/business/21006653460572/ 21006653460572 Thu, 09 Feb 2012 22:49:33 GMT HOUSTON -- A federal judge's ruling against a Houston mother who says she was fired after asking for a place to pump breast milk has highlighted a question left unanswered by higher courts: Is firing a woman because she wants to pump at work sexual discrimination? http://www.wsvn.com/rss/read/news/articles/business/21006652377337/ 21006652377337 Thu, 09 Feb 2012 22:42:51 GMT PROVIDENCE, R.I. -- Prosecutors in Rhode Island are asking a judge to reject a request for leniency from an Illinois man who admitted shipping unwanted penis enlargers to diabetes patients as part of a Medicare fraud scheme. http://www.wsvn.com/rss/read/news/articles/business/21006652337160/ 21006652337160 Thu, 09 Feb 2012 22:53:32 GMT LINCOLN, Neb. -- An American Indian tribe sued some of the world's largest beer makers Thursday, claiming they knowingly contributed to devastating alcohol-related problems on South Dakota's Pine Ridge Indian Reservation. http://www.wsvn.com/rss/read/news/articles/business/21006652401219/ 21006652401219 Thu, 09 Feb 2012 22:51:10 GMT WASHINGTON -- Death row inmates are suing to stop the importation of a drug used in executions. http://www.wsvn.com/rss/read/news/articles/business/21006652387016/ 21006652387016 Thu, 09 Feb 2012 22:54:24 GMT SAN FRANCISCO -- LinkedIn is reporting a strong fourth quarter as the online professional networking service added 14 million members. Its net income and revenue beat Wall Street's expectations. http://www.wsvn.com/rss/read/news/articles/business/21006652406457/ 21006652406457 Thu, 09 Feb 2012 14:22:29 GMT NEW YORK -- U.S. stock futures are edging higher after Greek leaders say they have agreed on a deal on new cuts demanded by creditors to secure a vital (euro) 130 billion bailout. http://www.wsvn.com/rss/read/news/articles/business/21006649334922/ 21006649334922 Thu, 09 Feb 2012 19:34:53 GMT WASHINGTON -- Teetering on the brink of bankruptcy, the U.S. Postal Service's loss in the fourth quarter ballooned to $3.3 billion amid declining mail volume and the soaring costs of health benefits for future retirees. http://www.wsvn.com/rss/read/news/articles/business/21006651209345/ 21006651209345 Thu, 09 Feb 2012 19:04:24 GMT NEW YORK -- The price of natural gas jumped Thursday after a major producer said it is aggressively cutting production. http://www.wsvn.com/rss/read/news/articles/business/21006651026482/ 21006651026482 Thu, 09 Feb 2012 13:57:37 GMT WASHINGTON -- The number of people seeking unemployment aid neared a four-year low last week, an encouraging sign that strong hiring could continue in the coming months. http://www.wsvn.com/rss/read/news/articles/business/21006649185753/ 21006649185753 Thu, 09 Feb 2012 15:34:59 GMT WASHINGTON -- Wholesale businesses increased their stockpiles sharply in December although the gains are expected to slow in coming months, a development that could curb overall economic growth. http://www.wsvn.com/rss/read/news/articles/business/21006649769942/ 21006649769942 Thu, 09 Feb 2012 13:28:36 GMT WASHINGTON -- Squeezed by a tight job market, young Americans are especially struggling. They have suffered bigger income losses than other age groups and are less likely to be employed than at any time since World War II. http://www.wsvn.com/rss/read/news/articles/business/21006649011627/ 21006649011627 Thu, 09 Feb 2012 14:23:36 GMT DETROIT -- Two top Ford executives who helped lead the company's comeback from financial disaster are retiring, but CEO Alan Mulally says he has no plans to leave. http://www.wsvn.com/rss/read/news/articles/business/21006649341662/ 21006649341662 Thu, 09 Feb 2012 14:27:53 GMT ROCHESTER, N.Y. -- Kodak says it will stop making digital cameras, pocket video cameras and digital picture frames in order to focus on its more profitable businesses. http://www.wsvn.com/rss/read/news/articles/business/21006649367362/ 21006649367362 Thu, 09 Feb 2012 02:58:01 GMT NEW YORK -- Stocks are finishing higher as Greece appears to be closer to the cost-cutting deal it needs to keep from defaulting on debt. http://www.wsvn.com/rss/read/news/articles/business/21006645228118/ 21006645228118 Thu, 09 Feb 2012 02:27:20 GMT NEW YORK -- Facebook's top executives, including CEO Mark Zuckerberg, are eligible for twice-a-year bonuses of up to 45 percent of their base salaries and other earnings, according to a Wednesday regulatory filing. http://www.wsvn.com/rss/read/news/articles/business/21006645044017/ 21006645044017 Thu, 09 Feb 2012 02:55:14 GMT FRISCO, Colo. -- Whole Foods Market Inc. says it has signed eight new leases for stores in cities including Frisco, Colo. http://www.wsvn.com/rss/read/news/articles/business/21006645211446/ 21006645211446 Thu, 09 Feb 2012 02:49:02 GMT BEIJING -- China's inflation rebounded in January, adding to pressure on the communist government to control surging living costs. http://www.wsvn.com/rss/read/news/articles/business/21006645174286/ 21006645174286 Thu, 09 Feb 2012 02:34:04 GMT RIVER FOREST, Ill. -- Candy company executive Nello Ferrara lived a sweet life. http://www.wsvn.com/rss/read/news/articles/business/21006645084489/ 21006645084489 Thu, 09 Feb 2012 02:56:24 GMT MINEOLA, N.Y. -- The owner of one of the largest catering companies on New York's Long Island has been accused of seriously violating Jewish law by having workers prepare kosher and non-kosher meals in the same kitchen. http://www.wsvn.com/rss/read/news/articles/business/21006645218445/ 21006645218445 Wed, 08 Feb 2012 14:29:35 GMT NEW YORK -- U.S. stock futures advanced Wednesday on hope that a long-awaited deal to allow Greece to claim its second bailout was near despite another delay in discussions between the country's political leaders. http://www.wsvn.com/rss/read/news/articles/business/21006640737539/ 21006640737539 Wed, 08 Feb 2012 00:00:33 GMT NEW YORK -- Stocks are ending higher as Greece appeared close to announcing a deal with creditors to reduce its debt. http://www.wsvn.com/rss/read/news/articles/business/21006635523318/ 21006635523318 Tue, 07 Feb 2012 23:59:53 GMT NEW YORK -- NBC says that the first live stream of the Super Bowl drew 2.1 million unique viewers. http://www.wsvn.com/rss/read/news/articles/business/21006635519356/ 21006635519356 Tue, 07 Feb 2012 23:54:08 GMT WASHINGTON -- The prospects for an extension of President Barack Obama's signature payroll tax cut, once considered a slam dunk on Capitol Hill, now seem far less certain as House-Senate talks have deadlocked over finding ways to pay for it. http://www.wsvn.com/rss/read/news/articles/business/21006635484887/ 21006635484887 Tue, 07 Feb 2012 23:57:10 GMT WASHINGTON -- Senate Democrats say they plan to take up a bill to extend federal highway programs next week, even though they haven't figured out yet how to pay for them without raiding the general treasury. http://www.wsvn.com/rss/read/news/articles/business/21006635503013/ 21006635503013 Tue, 07 Feb 2012 23:52:34 GMT HARRISBURG, Pa. -- Pennsylvania moved closer Tuesday to imposing a fee on the drilling that has transformed the state by exploration of its vast Marcellus Shale reserves. It is the only major gas-producing state that does not tax the taking of natural gas from its soil. http://www.wsvn.com/rss/read/news/articles/business/21006635475427/ 21006635475427 Tue, 07 Feb 2012 23:56:31 GMT WASHINGTON -- Arizona, Michigan and Florida, three of the states hit hardest by the housing crisis, will join a nationwide settlement over foreclosure abuses, officials with direct knowledge say. They will join more than 40 other states in approving a deal that would benefit many Americans who lost their homes or can't afford their mortgages. http://www.wsvn.com/rss/read/news/articles/business/21006635499132/ 21006635499132 Tue, 07 Feb 2012 23:55:59 GMT PHILADELPHIA -- A real estate developer says he and four partners plan to make an offer to buy Philadelphia's two largest newspapers. http://www.wsvn.com/rss/read/news/articles/business/21006635495989/ 21006635495989 Tue, 07 Feb 2012 23:57:37 GMT NEW YORK -- A New York trial for a former board member of Goldman Sachs and Procter & Gamble Co. has been moved from April to May after his lawyer complained prosecutors keep trying to change the charges. http://www.wsvn.com/rss/read/news/articles/business/21006635505733/ 21006635505733 Tue, 07 Feb 2012 14:29:49 GMT NEW YORK -- Stocks fell in morning trading Tuesday as investors once again turned their eyes to Greece, where talks dragged on over terms of new spending cuts. http://www.wsvn.com/rss/read/news/articles/business/21006632098964/ 21006632098964 Tue, 07 Feb 2012 15:18:10 GMT NEW YORK -- You may like the food you buy, but is it "Great for You"? http://www.wsvn.com/rss/read/news/articles/business/21006632389082/ 21006632389082 Tue, 07 Feb 2012 20:07:54 GMT WASHINGTON -- Americans accelerated their borrowing in December for the second straight month, running up more credit card debt and taking out loans to buy cars and attend school. http://www.wsvn.com/rss/read/news/articles/business/21006634127457/ 21006634127457 Tue, 07 Feb 2012 15:22:43 GMT TOKYO -- Toyota is reporting that quarterly profit slid 13.5 percent but is confident enough in a recovery to raise its forecast for annual profit. http://www.wsvn.com/rss/read/news/articles/business/21006632416363/ 21006632416363 Tue, 07 Feb 2012 15:21:57 GMT ATLANTA -- Coca-Cola Co.'s fourth-quarter net income dropped 71 percent, weighed down by restructuring charges and other costs. But the beverage maker's adjusted results topped Wall Street's expectations. http://www.wsvn.com/rss/read/news/articles/business/21006632411739/ 21006632411739 Tue, 07 Feb 2012 15:21:07 GMT WASHINGTON -- Federal Reserve Chairman Ben Bernanke has called the economy "frustratingly slow." On Tuesday, Congress will find out whether he still thinks so, even after Friday's news that hiring surged in January and unemployment reached a three-year low. http://www.wsvn.com/rss/read/news/articles/business/21006632406794/ 21006632406794 Mon, 06 Feb 2012 21:37:31 GMT NEW YORK -- Stock indexes closed slightly lower Monday as talks dragged on between Greek political leaders over a fresh cost-cutting package required for the country to get more bailout loans. http://www.wsvn.com/rss/read/news/articles/business/21006626025164/ 21006626025164 Tue, 07 Feb 2012 01:54:04 GMT LOS ANGELES -- McDonald's apologized and pulled an ad that came back to bite them. http://www.wsvn.com/rss/read/news/articles/business/21006627564485/ 21006627564485 Tue, 07 Feb 2012 01:59:23 GMT MIAMI -- Univision and Disney are in negotiations to create a 24-hour news channel for Latinos in English, two sources close to the negotiations said Monday. http://www.wsvn.com/rss/read/news/articles/business/21006627596372/ 21006627596372 Tue, 07 Feb 2012 02:00:59 GMT LAGOS, Nigeria -- The burning inferno of what used to be a Chevron Corp. natural gas rig still stains the night's sky orange more than two weeks after the rig caught fire, and no one can say when it will end as swarms of dead fish surface. http://www.wsvn.com/rss/read/news/articles/business/21006627605990/ 21006627605990 Mon, 06 Feb 2012 23:35:29 GMT WASHINGTON -- A bill to speed the nation's switch from radar to an air traffic control system based on GPS technology, and to open U.S. skies to unmanned drone flights within four years, received final congressional approval Monday. http://www.wsvn.com/rss/read/news/articles/business/21006626732976/ 21006626732976 Mon, 06 Feb 2012 23:39:05 GMT PORTLAND, Maine -- A tent city that's among the longest-lived Occupy protest encampments is coming down as part of a new wave of eviction orders against demonstrators aligned with the movement in communities including Miami, Washington and Pittsburgh. http://www.wsvn.com/rss/read/news/articles/business/21006626754524/ 21006626754524 Mon, 06 Feb 2012 23:37:55 GMT WICHITA, Kan. -- A federal judge has granted conditional class-action status to a lawsuit filed on behalf of an estimated 700 workers at a slaughterhouse in Kansas. http://www.wsvn.com/rss/read/news/articles/business/21006626747571/ 21006626747571 Mon, 06 Feb 2012 12:36:28 GMT NEW YORK -- U.S. stock futures fell Monday as talks dragged on between Greek political leaders over a fresh austerity package that is required if the debt-ridden country is to get a crucial bailout package. http://www.wsvn.com/rss/read/news/articles/business/21006622778868/ 21006622778868 Fri, 03 Feb 2012 21:23:48 GMT NEW YORK -- The Dow Jones industrial average has closed at its highest level since before the 2008 financial crisis. http://www.wsvn.com/rss/read/news/articles/business/21006600022835/ 21006600022835 Fri, 03 Feb 2012 21:38:31 GMT WASHINGTON -- In a long-awaited surge of hiring, companies added 243,000 jobs in January -- across the economy, up and down the pay scale and far more than just about anyone expected. Unemployment fell to 8.3 percent, the lowest in three years. http://www.wsvn.com/rss/read/news/articles/business/21006600111171/ 21006600111171 Fri, 03 Feb 2012 14:00:49 GMT WASHINGTON -- Employers went on a hiring spree in January and drove down the unemployment rate for a fifth straight month to 8.3 percent, its lowest point in nearly three years. http://www.wsvn.com/rss/read/news/articles/business/21006597364949/ 21006597364949 Fri, 03 Feb 2012 14:14:49 GMT NEW YORK -- U.S. stock futures jumped after a report on January employment showed the biggest growth in jobs in nine months and an unemployment rate that dropped to 8.2 percent. http://www.wsvn.com/rss/read/news/articles/business/21006597448933/ 21006597448933 Fri, 03 Feb 2012 02:26:30 GMT A whole day of trading, and stocks barely budged. http://www.wsvn.com/rss/read/news/articles/business/21006593199058/ 21006593199058 Fri, 03 Feb 2012 02:24:58 GMT Merck & Co. swung to a fourth-quarter profit because of lower restructuring and other charges and higher sales of most of its key drugs. http://www.wsvn.com/rss/read/news/articles/business/21006593189853/ 21006593189853 Fri, 03 Feb 2012 02:22:12 GMT Facebook's public stock offering apparently will not affect its company co-founder's pledge of shares worth $100 million to the Newark, N.J., school system. http://www.wsvn.com/rss/read/news/articles/business/21006593173274/ 21006593173274 Fri, 03 Feb 2012 02:20:30 GMT LOS ANGELES -- A California woman who started out to win a small claims court judgment from Honda may have launched a consumer revolution. http://www.wsvn.com/rss/read/news/articles/business/21006593163033/ 21006593163033 Fri, 03 Feb 2012 02:25:32 GMT WASHINGTON -- The Food and Drug Administration says it has found low levels of an illegal fungicide for oranges in samples taken from Florida juice manufacturers. http://www.wsvn.com/rss/read/news/articles/business/21006593193230/ 21006593193230 Thu, 02 Feb 2012 23:00:41 GMT DALLAS -- The parent of American Airlines wants to eliminate about 13,000 jobs -- 15 percent of its workforce -- as the nation's third-biggest airline remakes itself under bankruptcy protection. http://www.wsvn.com/rss/read/news/articles/business/21006583324123/ 21006583324123 Thu, 02 Feb 2012 15:35:14 GMT U.S. stocks were little changed on Thursday, as a mixed bag of retail sales reports and unemployment claims data failed to push stocks in either direction. http://www.wsvn.com/rss/read/news/articles/business/21006589291490/ 21006589291490 Thu, 02 Feb 2012 15:36:08 GMT WASHINGTON -- The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. Even with the cheapest rates in history, the housing market remains depressed. http://www.wsvn.com/rss/read/news/articles/business/21006589296854/ 21006589296854 Thu, 02 Feb 2012 14:00:07 GMT NEW YORK -- Viacom posted a 65 percent drop in net income for the latest quarter, as it took a charge related to the "Rock Band" series of video games. http://www.wsvn.com/rss/read/news/articles/business/21006588720763/ 21006588720763 Thu, 02 Feb 2012 13:58:41 GMT BATTLE CREEK, Mich. -- Cereal maker Kellogg Co. says its fourth-quarter net income rose 23 percent as higher revenue in North America helped offset weakness in Latin America and Europe. http://www.wsvn.com/rss/read/news/articles/business/21006588712121/ 21006588712121 Thu, 02 Feb 2012 14:28:18 GMT WASHINGTON -- The number of people seeking unemployment aid fell last week, a sign that companies are cutting fewer jobs and likely stepping up hiring. http://www.wsvn.com/rss/read/news/articles/business/21006588889861/ 21006588889861 Thu, 02 Feb 2012 14:01:16 GMT WASHINGTON -- Federal Reserve Chairman Ben Bernanke will likely tell members of Congress on Thursday that the slowly improving economy may need more help from the Fed and that cutting the deficit too fast could backfire. http://www.wsvn.com/rss/read/news/articles/business/21006588727617/ 21006588727617 Thu, 02 Feb 2012 14:04:39 GMT WHITEHOUSE STATION, N.J. -- Drugmaker Merck & Co. has swung to a fourth-quarter profit because of lower acquisition and restructuring charges and slightly higher sales. http://www.wsvn.com/rss/read/news/articles/business/21006588747921/ 21006588747921 Thu, 02 Feb 2012 02:14:49 GMT U.S. stocks are finishing higher after strong manufacturing data and encouraging reports from Greece. Stronger gains earlier in the day faded by the closing bell, though. http://www.wsvn.com/rss/read/news/articles/business/21006584488912/ 21006584488912 Thu, 02 Feb 2012 02:12:41 GMT LOS ANGELES -- The Southern California owner of a Honda hybrid car won her unusual small-claims court lawsuit against the automaker over the vehicle's failure to deliver its stated fuel economy. http://www.wsvn.com/rss/read/news/articles/business/21006584476147/ 21006584476147 Thu, 02 Feb 2012 02:11:13 GMT NEW YORK -- FB? That's the best they could do? http://www.wsvn.com/rss/read/news/articles/business/21006584467329/ 21006584467329 Thu, 02 Feb 2012 02:10:08 GMT In Facebook's regulatory filing Wednesday for an initial public offering of stock, CEO Mark Zuckerberg included a letter to potential investors about the company's thinking. He described it as a social mission to make the world more open and connected. He also discussed Facebook's approach to culture and management: http://www.wsvn.com/rss/read/news/articles/business/21006584460837/ 21006584460837 Wed, 01 Feb 2012 13:17:55 GMT NEW YORK -- U.S. stock futures are getting a boost from solid manufacturing data from around the world as attention turns toward the state of the U.S. economy in the run-up to a crucial jobs report. http://www.wsvn.com/rss/read/news/articles/business/21006579827532/ 21006579827532 Wed, 01 Feb 2012 13:17:13 GMT INDIANAPOLIS -- Health insurer Aetna Inc.'s fourth-quarter net income jumped 73 percent, as it continued to benefit from low use of health care and some key expenses fell. http://www.wsvn.com/rss/read/news/articles/business/21006579823397/ 21006579823397 Wed, 01 Feb 2012 13:16:28 GMT DETROIT -- Chrysler, propelled by higher sales of Jeeps and other revamped cars and trucks, reported its first annual net income since 1997, capping a pivotal turnaround year that many thought would never come. http://www.wsvn.com/rss/read/news/articles/business/21006579818889/ 21006579818889 Wed, 01 Feb 2012 19:07:23 GMT TORRANCE, Calif. -- Toyota says its January U.S. sales rose 7.5 percent, boosted by replenished dealer inventories and continued strong demand for the new version of its Camry. http://www.wsvn.com/rss/read/news/articles/business/21006581924312/ 21006581924312 Wed, 01 Feb 2012 02:20:20 GMT NEW YORK -- It's the best start for stocks in 15 years. http://www.wsvn.com/rss/read/news/articles/business/21006575882066/ 21006575882066 Wed, 01 Feb 2012 02:16:35 GMT WASHINGTON -- A new report says the government's financial bailout program will see a $23 billion loss in the year that ended Sept. 30, compared with a $37 billion gain on taxpayers' investment the year before. http://www.wsvn.com/rss/read/news/articles/business/21006575859550/ 21006575859550 Wed, 01 Feb 2012 02:19:48 GMT NEW YORK -- The frightful images of a sinking Italian cruise ship have scared off some cruise passengers, at least temporarily, during the industry's peak booking season. http://www.wsvn.com/rss/read/news/articles/business/21006575878822/ 21006575878822 Wed, 01 Feb 2012 02:18:47 GMT NEWARK, N.J. -- The Transportation Security Administration confirms it is pursuing disciplinary action against six baggage screeners at New Jersey's Newark Liberty International Airport -- including some suspected of sleeping during part of their shifts. http://www.wsvn.com/rss/read/news/articles/business/21006575872745/ 21006575872745 Wed, 01 Feb 2012 02:17:48 GMT WASHINGTON -- Seeking cooperation in a polarized climate, President Barack Obama on Tuesday urged Congress to act quickly on bipartisan measures that would extend tax breaks for small businesses and help startup companies raise money. He said he would sign the legislation "right away." http://www.wsvn.com/rss/read/news/articles/business/21006575866840/ 21006575866840 Wed, 01 Feb 2012 02:15:49 GMT SOUTH CHARLESTON, W.Va. -- Authorities have evacuated a West Virginia hotel after one guest was found dead and at least four others fell sick from suspected carbon monoxide exposure. http://www.wsvn.com/rss/read/news/articles/business/21006575854921/ 21006575854921 Wed, 01 Feb 2012 02:05:03 GMT CANBERRA, Australia -- Qantas Airways' credit rating has been downgraded, but the Australian company says it remains in a strong funding position. http://www.wsvn.com/rss/read/news/articles/business/21006575790365/ 21006575790365 Tue, 31 Jan 2012 14:01:54 GMT NEW YORK -- Markets clawed back lost ground Tuesday on hopes that Greece is heading toward a conclusion of debt-reduction talks with private creditors and that it may soon secure its second bailout package. http://www.wsvn.com/rss/read/news/articles/business/21006571451414/ 21006571451414 Tue, 31 Jan 2012 14:02:29 GMT NEW YORK -- UPS says its fourth-quarter net income slid because of an accounting charge, but its adjusted results topped Wall Street's expectations. http://www.wsvn.com/rss/read/news/articles/business/21006571454914/ 21006571454914 Tue, 31 Jan 2012 13:58:18 GMT NEW YORK -- Exxon Mobil Corp.'s fourth-quarter profit rose 2 percent as higher oil prices made up for a drop in production. http://www.wsvn.com/rss/read/news/articles/business/21006571429843/ 21006571429843 Tue, 31 Jan 2012 14:23:21 GMT WASHINGTON -- U.S. home prices fell for a third straight month in nearly all cities tracked by a major index. The declines show that most homeowners are not reaping the benefits from some signs of an improving housing market. http://www.wsvn.com/rss/read/news/articles/business/21006571580176/ 21006571580176 Tue, 31 Jan 2012 14:03:20 GMT NEW YORK -- Pfizer Inc.'s fourth-quarter profit fell by half due to one-time charges and a drop in U.S. revenue, which was hurt by blockbuster cholesterol drug Lipitor losing patent protection. It still beat Wall Street expectations. http://www.wsvn.com/rss/read/news/articles/business/21006571460040/ 21006571460040 Mon, 30 Jan 2012 22:12:01 GMT NEW YORK -- Stocks closed slightly lower and yields for ultra-safe U.S. government debt fell to their lowest level this year as investors around the world waited for Greece to nail down a deal to reduce its crushing debt. http://www.wsvn.com/rss/read/news/articles/business/21006565752124/ 21006565752124 Tue, 31 Jan 2012 02:00:09 GMT CARACAS, Venezuela -- Venezuela's Central Bank says the country has repatriated a total of $9 billion in gold that was previously held in foreign banks. http://www.wsvn.com/rss/read/news/articles/business/21006567120941/ 21006567120941 Tue, 31 Jan 2012 01:57:13 GMT WASHINGTON -- Fleshing out a year-old initiative, the Obama administration wants Congress to enact or expand tax breaks for small businesses and remove barriers to startups, seizing on some existing bipartisan proposals that could win support even in the polarized climate of an election year. http://www.wsvn.com/rss/read/news/articles/business/21006567103379/ 21006567103379 Tue, 31 Jan 2012 01:58:04 GMT NEW ORLEANS -- With a trial over the Gulf of Mexico oil spill looming, BP PLC is asking a federal judge to block two plaintiffs' experts from testifying about an alleged disregard for safety throughout the energy company that those experts say led to the nation's largest offshore oil spill. http://www.wsvn.com/rss/read/news/articles/business/21006567108484/ 21006567108484 Tue, 31 Jan 2012 01:56:27 GMT TOKYO -- The government says Japan's industrial production rose 4 percent in December from November while the unemployment rate edged up to 4.6 percent. http://www.wsvn.com/rss/read/news/articles/business/21006567098753/ 21006567098753 Tue, 31 Jan 2012 01:58:53 GMT WASHINGTON -- A top Senate Democrat and Republican have agreed on a bill to impose sweeping new penalties on Iran. http://www.wsvn.com/rss/read/news/articles/business/21006567113344/ 21006567113344 Tue, 31 Jan 2012 02:00:58 GMT LOS ANGELES -- A co-founder of the popular frozen yogurt chain Pinkberry has pleaded not guilty to beating a homeless man with a tire iron in Los Angeles. http://www.wsvn.com/rss/read/news/articles/business/21006567125868/ 21006567125868 Tue, 31 Jan 2012 02:01:43 GMT SAN FRANCISCO -- California's attorney general says the maker of a popular line of hair-straightening products has agreed to alert consumers and stylists that two of its formulations emit formaldehyde gas, a possible carcinogen. http://www.wsvn.com/rss/read/news/articles/business/21006567130345/ 21006567130345 Mon, 30 Jan 2012 22:10:50 GMT BRUSSELS -- Sweden's prime minister says that every country in the European Union apart from Britain and the Czech Republic have decided to sign up to a new treaty designed to stop overspending by eurozone countries. http://www.wsvn.com/rss/read/news/articles/business/21006565745043/ 21006565745043 Mon, 30 Jan 2012 22:02:38 GMT NEW YORK -- An Archdiocese of New York clerk has been arrested on charges of manipulating the church's accounts payable system to steal more than $1 million in education money. http://www.wsvn.com/rss/read/news/articles/business/21006565695865/ 21006565695865 Mon, 30 Jan 2012 21:56:05 GMT WASHINGTON -- Current and former Food and Drug Administration officials say in a lawsuit that the agency secretly monitored their private email after they raised concerns that approved medical devices might risk public safety. http://www.wsvn.com/rss/read/news/articles/business/21006565656524/ 21006565656524 Mon, 30 Jan 2012 22:11:21 GMT BYRON, Ill. -- A reactor at a nuclear plant in northern Illinois has shut down after losing power. http://www.wsvn.com/rss/read/news/articles/business/21006565748172/ 21006565748172 Mon, 30 Jan 2012 22:00:48 GMT TRENTON, N.J. -- A New Jersey waitress cried in court as she heard a prosecutor describe allegations that she sexually assaulted a 5-year-old she was baby-sitting and streamed video of the abuse online. http://www.wsvn.com/rss/read/news/articles/business/21006565684850/ 21006565684850 Mon, 30 Jan 2012 22:10:05 GMT TRENTON, New Jersey -- Thirteen major pharmaceutical companies, government groups and health charities will work together in a push to eliminate or control by 2020 10 tropical diseases that affect more than a billion people in poor countries. http://www.wsvn.com/rss/read/news/articles/business/21006565740584/ 21006565740584 Mon, 30 Jan 2012 19:26:27 GMT NEW YORK -- Stocks dropped and yields for ultra-safe U.S. government debt fell to their lowest level this year Monday while financial markets around the world waited for Greece to nail down a deal to reduce its crushing debt. http://www.wsvn.com/rss/read/news/articles/business/21006564758799/ 21006564758799 Mon, 30 Jan 2012 14:04:31 GMT WASHINGTON -- Americans' incomes rose last month by the most in nine months, a hopeful sign for the economy after a year of weak wage gains. But consumer spending was flat. http://www.wsvn.com/rss/read/news/articles/business/21006562827186/ 21006562827186 Mon, 30 Jan 2012 17:05:44 GMT NEW YORK -- Oil prices are down on concerns that the U.S. economy could slow and worries eased about supply disruptions in the Persian Gulf. http://www.wsvn.com/rss/read/news/articles/business/21006563914435/ 21006563914435 Mon, 30 Jan 2012 14:40:57 GMT DETROIT -- Federal safety regulators have stepped up their investigation into Jeep Liberty air bags after 50 people reported they were hurt when the air bags inflated without a crash happening. http://www.wsvn.com/rss/read/news/articles/business/21006563045710/ 21006563045710 Mon, 30 Jan 2012 19:31:21 GMT WASHINGTON -- Two Japanese auto suppliers have agreed to pay more than half a billion dollars in criminal fines for a price-fixing conspiracy in the sale of parts to U.S. automakers, the Justice Department announced Monday. http://www.wsvn.com/rss/read/news/articles/business/21006564788112/ 21006564788112 Mon, 30 Jan 2012 14:00:47 GMT DUBLIN, Ohio -- Wendy's Co. says its adjusted earnings fell 29.5 percent in the fourth quarter, while its revenue rose 5.6 percent. http://www.wsvn.com/rss/read/news/articles/business/21006562804774/ 21006562804774 Mon, 30 Jan 2012 14:00:03 GMT PHILADELPHIA -- Auto parts chain The Pep Boys -- Manny, Moe & Jack says it has agreed to be taken private by investment firm The Gores Group for about $791 million. http://www.wsvn.com/rss/read/news/articles/business/21006562800311/ 21006562800311 Sat, 28 Jan 2012 01:53:15 GMT NEW YORK -- Twitter, a tool of choice for dissidents and activists around the world, found itself the target of global outrage Friday after unveiling plans to allow country-specific censorship of tweets that might break local laws. http://www.wsvn.com/rss/read/news/articles/business/21006541159528/ 21006541159528 Sat, 28 Jan 2012 01:54:36 GMT LOS ANGELES -- When Facebook makes its long-expected debut as a public company this spring, the social-networking company will likely vault into the ranks of the largest public companies in the world, alongside McDonald's, Amazon.com and Bank of America. http://www.wsvn.com/rss/read/news/articles/business/21006541167629/ 21006541167629 Sat, 28 Jan 2012 01:52:31 GMT HONOLULU -- The largest shipping company that carries goods to Hawaii from the U.S mainland is raising its fuel surcharge after recently decreasing it three times. http://www.wsvn.com/rss/read/news/articles/business/21006541155196/ 21006541155196 Fri, 27 Jan 2012 14:07:46 GMT NEW YORK -- U.S. stock futures are mostly down with a report showing that the economy grew at a slower pace than economists had expected. http://www.wsvn.com/rss/read/news/articles/business/21006536926670/ 21006536926670 Fri, 27 Jan 2012 14:04:57 GMT WASHINGTON -- The U.S. economy grew at a 2.8 percent annual rate in the final three months of last year, the fastest growth in 2011. http://www.wsvn.com/rss/read/news/articles/business/21006536909734/ 21006536909734 Fri, 27 Jan 2012 13:59:53 GMT DEARBORN, Mich. -- An accounting change boosted Ford's fourth-quarter net income, but without the gain the company fell short of Wall Street's expectations. http://www.wsvn.com/rss/read/news/articles/business/21006536879360/ 21006536879360 Fri, 27 Jan 2012 14:10:34 GMT NEW YORK -- US Airways Group Inc. says it has a tentative agreement with negotiators for the union representing 6,700 flight attendants across its main network. http://www.wsvn.com/rss/read/news/articles/business/21006536943492/ 21006536943492 Fri, 27 Jan 2012 02:50:05 GMT Stocks are closing lower after a morning rally pushed the Dow Jones industrial average above its highest closing price since the financial crisis. http://www.wsvn.com/rss/read/news/articles/business/21006532860586/ 21006532860586 Fri, 27 Jan 2012 02:47:19 GMT SAN FRANCISCO -- Twitter has refined its technology so it can censor messages on a country-by-country basis. http://www.wsvn.com/rss/read/news/articles/business/21006532843940/ 21006532843940 Fri, 27 Jan 2012 02:49:10 GMT NEW YORK -- A little celebrity competition may be good for the prepaid card market. http://www.wsvn.com/rss/read/news/articles/business/21006532855011/ 21006532855011 Thu, 26 Jan 2012 14:03:23 GMT NEW YORK -- Wall Street futures are rising a day after the U.S. Federal Reserve pledged to keep interest rates low until late 2014 to nurture the nation's stubbornly slow economic recovery. http://www.wsvn.com/rss/read/news/articles/business/21006528260342/ 21006528260342 Thu, 26 Jan 2012 23:17:06 GMT LOUISVILLE, Ky. -- Yo quiero Taco Bell breakfast burrito! http://www.wsvn.com/rss/read/news/articles/business/21006531582616/ 21006531582616 Thu, 26 Jan 2012 16:15:22 GMT The Dow Jones industrial average was trading near its highest close since the 2008 financial crisis Thursday after solid news on factory orders and strong earnings from U.S. manufacturers highlighted the economy's growing momentum. http://www.wsvn.com/rss/read/news/articles/business/21006529052288/ 21006529052288 Thu, 26 Jan 2012 13:58:11 GMT WASHINGTON -- The number of people seeking unemployment benefits rose last week to a seasonally adjusted 377,000, after a nearly four-year low the previous week. http://www.wsvn.com/rss/read/news/articles/business/21006528229114/ 21006528229114 Thu, 26 Jan 2012 14:00:21 GMT LOS ANGELES -- Foreclosures made up a smaller slice of all U.S. homes sold in last year's third quarter, as banks delayed placing properties for sale and home sales slowed. http://www.wsvn.com/rss/read/news/articles/business/21006528242172/ 21006528242172 Thu, 26 Jan 2012 15:22:08 GMT WASHINGTON -- Fewer people bought new homes in December, making 2011 the worst sales year on record. http://www.wsvn.com/rss/read/news/articles/business/21006528732865/ 21006528732865 Thu, 26 Jan 2012 13:59:04 GMT WASHINGTON -- Orders to U.S. factories for long-lasting manufactured goods increased in December, lifted by solid business spending on machinery and equipment. http://www.wsvn.com/rss/read/news/articles/business/21006528234467/ 21006528234467 Thu, 26 Jan 2012 14:05:20 GMT NEW YORK -- AT&T is reporting a fourth-quarter loss due to some hefty charges, but strong smartphone sales led to the company's best-ever quarter in activations. http://www.wsvn.com/rss/read/news/articles/business/21006528272034/ 21006528272034 Thu, 26 Jan 2012 14:06:28 GMT NEW YORK -- Colgate-Palmolive is posting nearly a 6 percent decline in its fourth-quarter net income, citing higher costs to make and package its products. http://www.wsvn.com/rss/read/news/articles/business/21006528278816/ 21006528278816 Thu, 26 Jan 2012 14:07:20 GMT NEW YORK -- 3M says its profit inched 3 percent higher in the fourth-quarter as growth in basic products like Post-Its and police tape offset declines in its high-tech products. http://www.wsvn.com/rss/read/news/articles/business/21006528284095/ 21006528284095 Thu, 26 Jan 2012 02:10:17 GMT Stocks are closing at their highest level in more than eight months after the Federal Reserve pledged to keep interest rates near zero for three more years. http://www.wsvn.com/rss/read/news/articles/business/21006523981749/ 21006523981749 Thu, 26 Jan 2012 02:09:39 GMT SAN FRANCISCO -- Netflix regained U.S. customers in the fourth quarter as the video subscription began to recover from a revolt against a big price increase. http://www.wsvn.com/rss/read/news/articles/business/21006523977956/ 21006523977956 Thu, 26 Jan 2012 02:06:01 GMT NEW YORK -- Apple is worth $415 billion, putting it neck and neck with Exxon Mobil as the world's most valuable company. But by standard Wall Street measures, its stock is a bargain. http://www.wsvn.com/rss/read/news/articles/business/21006523956195/ 21006523956195 Thu, 26 Jan 2012 02:05:15 GMT LOS ANGELES -- A California court commissioner listened to detailed arguments on a woman's small claims suit against Honda over fuel mileage promises and then delayed ruling to consider all of the issues. http://www.wsvn.com/rss/read/news/articles/business/21006523951586/ 21006523951586 Thu, 26 Jan 2012 02:08:55 GMT Surprising results from two new studies may reopen debate about the value of Avastin for breast cancer. The drug helped make tumors disappear in certain women with early-stage disease, researchers found. http://www.wsvn.com/rss/read/news/articles/business/21006523973561/ 21006523973561 Thu, 26 Jan 2012 02:04:21 GMT HOUSTON -- One of Texas financier R. Allen Stanford's former employees tells jurors he believes he saw Stanford make up accounting figures used in an annual report to woo investors. http://www.wsvn.com/rss/read/news/articles/business/21006523946183/ 21006523946183 Thu, 26 Jan 2012 02:07:53 GMT KINGSTON, Jamaica -- Jamaica's month-old government has launched the first phase of an emergency jobs program that was the centerpiece of its winning campaign in national elections. http://www.wsvn.com/rss/read/news/articles/business/21006523967338/ 21006523967338 Thu, 26 Jan 2012 02:07:12 GMT DENVER -- A lack of snow in December has hurt sales of ski, snowboard and other winter sports gear this season, but things could turn around if heavy storms that arrived in January keep coming, a snow sports retail industry researcher said Wednesday. http://www.wsvn.com/rss/read/news/articles/business/21006523963275/ 21006523963275 Wed, 25 Jan 2012 14:44:32 GMT Stocks mostly fell early Wednesday ahead of a statement on interest rates from the Federal Reserve and a news conference by its chairman. http://www.wsvn.com/rss/read/news/articles/business/21006519867295/ 21006519867295 Wed, 25 Jan 2012 15:06:41 GMT WASHINGTON-- The number of Americans who signed contracts to buy homes fell in December after hitting the highest level in a year and a half. http://www.wsvn.com/rss/read/news/articles/business/21006520000113/ 21006520000113 Wed, 25 Jan 2012 18:01:37 GMT NEW YORK -- Oil prices are wavering as traders weigh an increase in U.S. crude supplies against a threat from Iran to halt oil sales to Europe. http://www.wsvn.com/rss/read/news/articles/business/21006521049743/ 21006521049743 Wed, 25 Jan 2012 15:27:14 GMT NEW YORK -- J.C. Penney is permanently marking down all of its merchandise by at least 40 percent so shoppers will no longer have to wait for a sale to get the lowest prices in its stores. http://www.wsvn.com/rss/read/news/articles/business/21006520123469/ 21006520123469 Wed, 25 Jan 2012 03:25:28 GMT NEW YORK -- Stocks are ending lower on concerns that a deal to prevent a default by Greece might fall through. http://www.wsvn.com/rss/read/news/articles/business/21006515792888/ 21006515792888 Wed, 25 Jan 2012 03:19:04 GMT LOS ANGELES -- Google announced a plan Tuesday to link user data across its email, video, social-networking and other services that it says will create a "beautifully simple and intuitive" user experience. But critics raised privacy concerns like those that helped kill the search giant's Buzz social networking service. http://www.wsvn.com/rss/read/news/articles/business/21006515754467/ 21006515754467 Wed, 25 Jan 2012 03:20:00 GMT NEW YORK -- The iPhone is taking over Apple. http://www.wsvn.com/rss/read/news/articles/business/21006515760061/ 21006515760061 Wed, 25 Jan 2012 03:23:59 GMT NEW YORK -- Facebook will start requiring people to switch to a new profile format known as Timeline, making photos, links and personal musings from the past much easier to find. http://www.wsvn.com/rss/read/news/articles/business/21006515783977/ 21006515783977 Wed, 25 Jan 2012 03:23:21 GMT TOKYO -- Japan has marked its first trade deficit since 1980, reporting a $32 billion deficit for 2011 and attributing it in part to last year's tsunami. http://www.wsvn.com/rss/read/news/articles/business/21006515780196/ 21006515780196 Wed, 25 Jan 2012 03:24:39 GMT HOUSTON -- Defense attorneys for R. Allen Stanford say the Texas financier's business empire was real and not built on lying and stealing as prosecutors have alleged. http://www.wsvn.com/rss/read/news/articles/business/21006515787914/ 21006515787914 Tue, 24 Jan 2012 14:06:57 GMT NEW YORK -- European leaders' hard line in negotiations with Greek bondholders is driving U.S. stock markets lower as investors worry that a deal to cut Athens' mountain of debt might fall through. http://www.wsvn.com/rss/read/news/articles/business/21006511001749/ 21006511001749 Tue, 24 Jan 2012 14:10:31 GMT WASHINGTON -- Federal job discrimination complaints rose to an all-time high last year, led by an increase in bias charges based on religion and national origin. http://www.wsvn.com/rss/read/news/articles/business/21006511023127/ 21006511023127 Tue, 24 Jan 2012 14:13:39 GMT NEW YORK -- If Chairman Ben Bernanke decides the economy needs more help from the Federal Reserve this year, he probably won't face as much resistance as he did last year. http://www.wsvn.com/rss/read/news/articles/business/21006511041954/ 21006511041954 Tue, 24 Jan 2012 19:28:47 GMT NEW YORK -- Natural gas prices are rebounding from 10-year lows as producers cut back and colder weather forces homeowners to turn up the heat. http://www.wsvn.com/rss/read/news/articles/business/21006512932729/ 21006512932729 Tue, 24 Jan 2012 14:04:53 GMT NEW YORK -- McDonald's says net income rose by 11 percent in the fourth quarter, as the fast-food giant continues to attract budget-conscious customers. http://www.wsvn.com/rss/read/news/articles/business/21006510989310/ 21006510989310 Tue, 24 Jan 2012 14:03:40 GMT NEW YORK -- Verizon posted a large loss for its latest quarter on an adjustment for the value of its pension plans, but also saw more people signing contracts for wireless service. http://www.wsvn.com/rss/read/news/articles/business/21006510982037/ 21006510982037 Tue, 24 Jan 2012 14:02:41 GMT NEW YORK -- Iconic motorcycle maker Harley-Davidson says higher sales helped it post a $105.7 million fourth-quarter profit, a reversal from a year-ago loss. http://www.wsvn.com/rss/read/news/articles/business/21006510976188/ 21006510976188 Tue, 24 Jan 2012 14:05:44 GMT DOVER, Del. -- The DuPont Co.'s fourth-quarter earnings dipped slightly on higher costs but topped Wall Street expectations. http://www.wsvn.com/rss/read/news/articles/business/21006510994419/ 21006510994419 Mon, 23 Jan 2012 13:45:14 GMT NEW YORK -- U.S. stock futures are slightly higher, following a rise in European markets on hopes that Greece will reach a deal with private creditors on lowering its debt. http://www.wsvn.com/rss/read/news/articles/business/21006502231464/ 21006502231464 Mon, 23 Jan 2012 21:54:02 GMT TORONTO -- The new chief executive of Research in Motion said Monday that drastic change is not needed, even as the once iconic maker of the BlackBerry smartphone confronts the most difficult period in its history. http://www.wsvn.com/rss/read/news/articles/business/21006505164232/ 21006505164232 Mon, 23 Jan 2012 13:43:59 GMT UNDATED -- The jobless rate is dipping, but millions of people are still out of work. And that could have implications when they file their income tax returns. http://www.wsvn.com/rss/read/news/articles/business/21006502223937/ 21006502223937 Mon, 23 Jan 2012 19:05:13 GMT NEW YORK -- Oil prices climbed near $100 per barrel Monday as Iran again threatened to block shipments of crude from the Persian Gulf. http://www.wsvn.com/rss/read/news/articles/business/21006504151365/ 21006504151365 Mon, 23 Jan 2012 20:03:22 GMT WASHINGTON -- The nation's five largest mortgage lenders have agreed to overhaul their industry after deceptive foreclosure practices drove homeowners out of their homes, government officials said Monday. http://www.wsvn.com/rss/read/news/articles/business/21006504500267/ 21006504500267 Fri, 20 Jan 2012 19:33:46 GMT NEW YORK -- Microsoft and IBM drove the Dow Jones industrial average up in Friday trading after the tech giants reported stronger earnings than analysts had expected. http://www.wsvn.com/rss/read/news/articles/business/21006478402654/ 21006478402654 Fri, 20 Jan 2012 14:03:28 GMT NEW YORK -- General Electric says its fourth-quarter earnings fell 18 percent as sales fell after its sale of its stake in the NBC network. http://www.wsvn.com/rss/read/news/articles/business/21006476420846/ 21006476420846 Fri, 20 Jan 2012 15:16:56 GMT WASHINGTON -- Home sales rose in December to the highest pace in nearly a year. The gain coincides with other signs that show the troubled housing market improved at the end of last year. http://www.wsvn.com/rss/read/news/articles/business/21006476861668/ 21006476861668 Fri, 20 Jan 2012 16:22:17 GMT Oil prices are falling as Greece's debt negotiations spark new concerns about Europe's financial problems. http://www.wsvn.com/rss/read/news/articles/business/21006477253742/ 21006477253742 Mon, 23 Jan 2012 04:10:20 GMT TORONTO -- BlackBerry maker Research in Motion'co-CEOs, Jim Balsillie and Mike Lazaridis, announced Sunday they are stepping down from the once-iconic company that has struggled to compete in recent years. http://www.wsvn.com/rss/read/news/articles/business/21006498782031/ 21006498782031 Fri, 20 Jan 2012 02:53:40 GMT NEW YORK -- It was another day of quiet but solid gains on Wall Street. http://www.wsvn.com/rss/read/news/articles/business/21006472402013/ 21006472402013 Fri, 20 Jan 2012 02:51:10 GMT WASHINGTON -- There's some bad news for those looking for easy ways to trim Medicare spending. http://www.wsvn.com/rss/read/news/articles/business/21006472387082/ 21006472387082 Fri, 20 Jan 2012 02:48:12 GMT Some have advanced degrees and remember middle-class lives. Some work selling lingerie or building websites. They are white, black and Hispanic, young and old, homeowners and homeless. What they have in common: They're all on food stamps. http://www.wsvn.com/rss/read/news/articles/business/21006472369252/ 21006472369252 Fri, 20 Jan 2012 02:50:28 GMT SAN FRANCISCO -- The state's high court will attempt to clarify marijuana's hazy legal status in California. http://www.wsvn.com/rss/read/news/articles/business/21006472382864/ 21006472382864 Fri, 20 Jan 2012 02:48:54 GMT SOUTH PORTLAND, Maine -- Fishery regulators have increased the amount of shrimp that can be caught from the Gulf of Maine this season, but fishermen and processors say the higher limit won't do much to sustain their industry. http://www.wsvn.com/rss/read/news/articles/business/21006472373471/ 21006472373471 Fri, 20 Jan 2012 02:52:09 GMT BOSTON -- Police say two Puerto Rican men have been arrested at Boston's Logan Airport after a dog sniffed cocaine in their luggage. http://www.wsvn.com/rss/read/news/articles/business/21006472392960/ 21006472392960 Fri, 20 Jan 2012 02:49:40 GMT WHITEHOUSE STATION, N.J. -- Drugmaker Merck & Co. has reached a deal to settle all lawsuits in Canada over its recalled painkiller Vioxx, for up to about $37 million. http://www.wsvn.com/rss/read/news/articles/business/21006472378037/ 21006472378037 Thu, 19 Jan 2012 14:11:18 GMT NEW YORK -- Another set of successful bond auctions in Europe and a decline in applications for unemployment benefits are pushing U.S. stock futures higher Thursday. http://www.wsvn.com/rss/read/news/articles/business/21006467827823/ 21006467827823 Thu, 19 Jan 2012 14:07:49 GMT WASHINGTON -- The number of people seeking unemployment benefits plummeted last week to 352,000, the fewest since April 2008. The decline added to evidence that the job market is strengthening. http://www.wsvn.com/rss/read/news/articles/business/21006467806983/ 21006467806983 Thu, 19 Jan 2012 14:09:42 GMT WASHINGTON -- Builders ended 2011 with a third straight year of dismal home building and the worst on record for single-family home construction. http://www.wsvn.com/rss/read/news/articles/business/21006467818267/ 21006467818267 Thu, 19 Jan 2012 15:38:21 GMT Oil prices are climbing after the government said the number of Americans seeking unemployment benefits dropped to its lowest point since April 2008. http://www.wsvn.com/rss/read/news/articles/business/21006468350187/ 21006468350187 Thu, 19 Jan 2012 14:10:22 GMT WASHINGTON -- Consumer prices were unchanged last month, the latest sign that inflation remains tame. Lower gas prices offset rising costs for food, medical care and housing. http://www.wsvn.com/rss/read/news/articles/business/21006467822242/ 21006467822242 Thu, 19 Jan 2012 15:02:45 GMT WASHINGTON -- The average rate on the 30-year fixed mortgage fell again this week to a record low. The eighth record low in a year is attracting few takers because most who can afford to buy or refinance have already done so. http://www.wsvn.com/rss/read/news/articles/business/21006468136555/ 21006468136555 Thu, 19 Jan 2012 16:00:00 GMT AUSTIN, Texas -- A $1 billion lawsuit in which Texas accused Johnson & Johnson of plundering the state Medicaid program by overstating the safety of an expensive anti-psychotic drug and improperly influencing officials and doctors to push the medication has been settled, a person familiar with negotiations told The Associated Press. http://www.wsvn.com/rss/read/news/articles/business/21006468480082/ 21006468480082 Thu, 19 Jan 2012 02:32:03 GMT NEW YORK -- Stocks are closing at their highest level since last summer. http://www.wsvn.com/rss/read/news/articles/business/21006463632362/ 21006463632362 Thu, 19 Jan 2012 02:30:51 GMT LONDON -- London's Heathrow Airport will adopt special measures to cope with a higher-than-normal number of guns entering Britain during the Olympics, officials said. http://www.wsvn.com/rss/read/news/articles/business/21006463625151/ 21006463625151 Thu, 19 Jan 2012 02:29:39 GMT NEW YORK -- A computer programmer who worked at the Federal Reserve Bank of New York has been accused of stealing computer code used to track government finances. http://www.wsvn.com/rss/read/news/articles/business/21006463617961/ 21006463617961 Thu, 19 Jan 2012 02:28:16 GMT KANSAS CITY, Mo. -- The U.S. Department of Agriculture is adding more than $300 million to the massive amount of financial assistance federal agencies have doled out in response to an unusually intense year of natural disasters, officials announced Wednesday. http://www.wsvn.com/rss/read/news/articles/business/21006463609676/ 21006463609676 Thu, 19 Jan 2012 02:27:40 GMT SONOMA, Calif. -- Chuck Williams first opened his little shop in Sonoma in the heart of Northern California wine country in 1956 -- and eventually saw it grow into the Williams-Sonoma chain that is now worth some $3 billion. http://www.wsvn.com/rss/read/news/articles/business/21006463606081/ 21006463606081 Wed, 18 Jan 2012 19:21:11 GMT WASHINGTON -- U.S. factories are roaring back from the depths of the recession, cranking out more machinery, vehicles and energy. http://www.wsvn.com/rss/read/news/articles/business/21006461047164/ 21006461047164 Wed, 18 Jan 2012 14:01:25 GMT WASHINGTON -- Wholesale prices fell last month because companies paid less for food and energy, evidence that inflation remains tame. http://www.wsvn.com/rss/read/news/articles/business/21006459128561/ 21006459128561 Wed, 18 Jan 2012 19:36:46 GMT LAS VEGAS -- Online retailers Zappos.com and parent company Amazon.com are being sued in Kentucky by a Texas woman alleging that she was harmed by the release of personal account information. http://www.wsvn.com/rss/read/news/articles/business/21006461140677/ 21006461140677 Wed, 18 Jan 2012 14:00:11 GMT NEW YORK -- Goldman Sachs says its net income fell 58 percent in the last three months of last year because of lower investment banking fees in a quarter marked by choppy financial markets. http://www.wsvn.com/rss/read/news/articles/business/21006459121151/ 21006459121151 Wed, 18 Jan 2012 13:59:00 GMT MINNEAPOLIS -- Target Corp. says it is temporarily suspending its efforts to sell the portfolio that handles the balances credit cardholders owe the company, but plans to resume the talks later this year. http://www.wsvn.com/rss/read/news/articles/business/21006459114057/ 21006459114057 Tue, 17 Jan 2012 14:16:33 GMT Slight improvements in Europe's troubled debt markets and China's economy were enough to send stocks sharply higher Tuesday. The Dow Jones industrial average was on track for its highest close since July, before the European debt crisis set off months of wrenching volatility. http://www.wsvn.com/rss/read/news/articles/business/21006450579392/ 21006450579392 Tue, 17 Jan 2012 23:07:30 GMT SAN FRANCISCO -- Yahoo co-founder Jerry Yang is leaving the struggling company as it tries to revive its revenue growth and win over disgruntled shareholders under a new leader. http://www.wsvn.com/rss/read/news/articles/business/21006453765014/ 21006453765014 Tue, 17 Jan 2012 16:50:23 GMT Oil prices are climbing on signs that China's economy may avoid a sharp slowdown and keep global demand strong. http://www.wsvn.com/rss/read/news/articles/business/21006451502322/ 21006451502322 Tue, 17 Jan 2012 14:28:16 GMT DETROIT -- Americans are holding onto cars and trucks longer, pushing the average age of a vehicle to a record 10.8 years. http://www.wsvn.com/rss/read/news/articles/business/21006450649658/ 21006450649658 Tue, 17 Jan 2012 15:23:08 GMT NEW YORK -- Citigroup says its income fell 11 percent in the last three months of last year because of lower investment banking income, an accounting charge and a decline in the value of its assets. http://www.wsvn.com/rss/read/news/articles/business/21006450978811/ 21006450978811 Tue, 17 Jan 2012 15:23:47 GMT NEW YORK -- Drug developers Pfizer Inc. and Medivation Inc. said Tuesday that they are ending development of a potential Alzheimer's disease treatment after the drug yielded disappointing results in another late-stage clinical study. http://www.wsvn.com/rss/read/news/articles/business/21006450982745/ 21006450982745 Tue, 17 Jan 2012 15:28:17 GMT NEW YORK - Wells Fargo & Co. says its fourth-quarter profit rose 20 percent, helped by better performance of its loans, growth in deposits and a steadying mortgage business. http://www.wsvn.com/rss/read/news/articles/business/21006451009744/ 21006451009744 Tue, 17 Jan 2012 02:35:40 GMT BRUSSELS -- Rating agency Standard & Poor's says it has downgraded the creditworthiness of the eurozone's bailout fund by one notch to AA+. http://www.wsvn.com/rss/read/news/articles/business/21006446374046/ 21006446374046 Tue, 17 Jan 2012 02:32:35 GMT PORTLAND, Ore. -- BMW of North America is voluntarily recalling nearly 89,000 Mini vehicles because of a water pump malfunction that could cause a fire. http://www.wsvn.com/rss/read/news/articles/business/21006446355563/ 21006446355563 Tue, 17 Jan 2012 02:30:54 GMT SAN JOSE, Calif. -- The company that began advertising for an incredibly lifelike Steve Jobs doll won't sell the figurines after all because of pressure from family and Apple lawyers. http://www.wsvn.com/rss/read/news/articles/business/21006446345475/ 21006446345475 Tue, 17 Jan 2012 02:29:28 GMT Wikipedia may black out its website Wednesday to protest anti-piracy legislation under consideration in Congress. http://www.wsvn.com/rss/read/news/articles/business/21006446336872/ 21006446336872 Tue, 17 Jan 2012 02:34:27 GMT PHILADELPHIA -- Stop counting comic books out. http://www.wsvn.com/rss/read/news/articles/business/21006446366785/ 21006446366785 Tue, 17 Jan 2012 02:28:39 GMT BENTONVILLE, Ark. -- Wal-Mart has named an executive from CBS Interactive as its new head of online operations. http://www.wsvn.com/rss/read/news/articles/business/21006446331951/ 21006446331951 Tue, 17 Jan 2012 02:22:45 GMT TORONTO -- A fraud case against three former Nortel Networks executives who are accused of falsifying financial reports has begun. http://www.wsvn.com/rss/read/news/articles/business/21006446296544/ 21006446296544 Sat, 14 Jan 2012 03:11:46 GMT DUBLIN, Texas -- Residents of Dublin, Texas, are distraught that their town name is being stripped from the version of Dr Pepper that's been bottled in the community since 1891. http://www.wsvn.com/rss/read/news/articles/business/21006420670664/ 21006420670664 Fri, 13 Jan 2012 14:22:30 GMT NEW YORK -- Wall Street futures are mostly edging lower after earnings fell at J.P. Morgan Chase & Co and missed expectations on weak investment-banking returns. http://www.wsvn.com/rss/read/news/articles/business/21006416055042/ 21006416055042 Fri, 13 Jan 2012 14:27:17 GMT WASHINGTON -- The U.S. trade deficit widened in November for the first time in five months. Exports fell for a second straight month while imports rose to an all-time high, driven by rising demand for oil and foreign-made cars. http://www.wsvn.com/rss/read/news/articles/business/21006416083760/ 21006416083760 Fri, 13 Jan 2012 14:25:13 GMT NEW YORK -- JPMorgan Chase says its income fell 23 percent in the fourth quarter of 2011 after the bank set aside a large sum for litigation reserves and its investment banking income declined. http://www.wsvn.com/rss/read/news/articles/business/21006416071340/ 21006416071340 Fri, 13 Jan 2012 03:08:08 GMT WASHINGTON -- America's retailers enjoyed a record 2011 and their first $400 billion sales months ever. But the final month of the year was a dud. http://www.wsvn.com/rss/read/news/articles/business/21006412008856/ 21006412008856 Fri, 13 Jan 2012 03:09:23 GMT WASHINGTON -- Coca-Cola Co. acknowledged Thursday it was the company that alerted federal regulators about low levels of fungicide in its own orange juice and in competitors' juice, prompting juice prices to rise and increased government testing for the residue. http://www.wsvn.com/rss/read/news/articles/business/21006412016330/ 21006412016330 Thu, 12 Jan 2012 14:38:14 GMT NEW YORK -- Stocks were mixed in afternoon trading Thursday after an increase in unemployment claims and tepid retail sales dampened optimism about strong bond auctions in Italy and Spain. http://www.wsvn.com/rss/read/news/articles/business/21006407509478/ 21006407509478 Thu, 12 Jan 2012 14:13:28 GMT WASHINGTON -- The number of people applying for weekly unemployment benefits spiked last week, largely because companies let go of thousands of workers after the holiday season. http://www.wsvn.com/rss/read/news/articles/business/21006407360827/ 21006407360827 Thu, 12 Jan 2012 15:49:04 GMT WASHINGTON -- Fixed mortgage rates fell once again to a record low, offering a great opportunity for those who can afford to buy or refinance homes. But few are able to take advantage of the historic rates http://www.wsvn.com/rss/read/news/articles/business/21006407934438/ 21006407934438 Thu, 12 Jan 2012 15:10:06 GMT NEW YORK -- Coca-Cola Co. says it alerted the Food and Drug Administration after it found some Brazilian growers had sprayed their orange trees with a fungicide that is not approved for use in the U.S. http://www.wsvn.com/rss/read/news/articles/business/21006407700628/ 21006407700628 Thu, 12 Jan 2012 14:14:17 GMT WASHINGTON -- Retail sales barely rose in December, but the gain was enough to lift sales to a record level for 2011. It marked the largest annual increase in more than a decade. http://www.wsvn.com/rss/read/news/articles/business/21006407365776/ 21006407365776 Thu, 12 Jan 2012 15:56:17 GMT WASHINGTON -- Businesses increased their stockpiles in November to meet rising consumer demand, a gain that likely boosted economic growth in the final months of last year. http://www.wsvn.com/rss/read/news/articles/business/21006407977727/ 21006407977727 Wed, 11 Jan 2012 22:03:14 GMT NEW YORK -- Barbie has been an astronaut, an architect, a NASCAR race car driver, and a news anchor. http://www.wsvn.com/rss/read/news/articles/business/21006401539475/ 21006401539475 Wed, 11 Jan 2012 14:37:55 GMT NEW YORK -- Hostess Brands Inc., the maker of Twinkies and Wonder Bread, is filing for bankruptcy protection, blaming troubles with its pension and medical benefits obligations, increased competition and tough economic conditions. http://www.wsvn.com/rss/read/news/articles/business/21006398867566/ 21006398867566 Wed, 11 Jan 2012 03:00:02 GMT Stocks are closing higher after markets rallied in Europe and corporate bellwether Alcoa predicted strong global demand in 2012. The S&P 500 had its highest close since July. http://www.wsvn.com/rss/read/news/articles/business/21006394680213/ 21006394680213 Wed, 11 Jan 2012 02:51:12 GMT SAN FRANCISCO -- Google is sifting through the photos and commentary on its blossoming social network so its Internet search results can include more personal information. http://www.wsvn.com/rss/read/news/articles/business/21006394627222/ 21006394627222 Wed, 11 Jan 2012 02:53:35 GMT NEW ORLEANS -- A Chinese drywall manufacturer would pay hundreds of millions of dollars to resolve court claims by thousands of Gulf Coast property owners who say the product wrecked their homes, under a deal that has been given preliminary approval by a federal judge. http://www.wsvn.com/rss/read/news/articles/business/21006394641561/ 21006394641561 Wed, 11 Jan 2012 02:55:30 GMT ATLANTIC CITY, N.J. -- Few things feel better in a gambler's paradise than the end of a long losing streak. And that's what Atlantic City has just experienced. http://www.wsvn.com/rss/read/news/articles/business/21006394653094/ 21006394653094 Wed, 11 Jan 2012 02:50:30 GMT HILLSBORO, Ore. -- An Oregon fuel cell manufacturer says it is expanding into central Europe with a contract to sell $85 million worth of fuel cell systems to an Austrian company. http://www.wsvn.com/rss/read/news/articles/business/21006394623012/ 21006394623012 Wed, 11 Jan 2012 02:39:33 GMT LAS VEGAS -- Motorola Mobility and Lenovo say they will use Intel processors in smartphones and other devices, giving the chipmaker its first entry into a market it has long coveted. http://www.wsvn.com/rss/read/news/articles/business/21006394557340/ 21006394557340 Wed, 11 Jan 2012 02:52:10 GMT NEW YORK -- Two Transportation Security Administration officers who admitted stealing $40,000 from luggage at a New York City airport are going to jail. http://www.wsvn.com/rss/read/news/articles/business/21006394633064/ 21006394633064 Wed, 11 Jan 2012 02:49:16 GMT LAS VEGAS -- An Amazon.com executive said Tuesday that the retailer has signed a deal with a Hollywood studio to sell movies that can be downloaded from an online "locker" system five studios have put together. http://www.wsvn.com/rss/read/news/articles/business/21006394615697/ 21006394615697 Wed, 11 Jan 2012 02:49:57 GMT FRESNO, Calif. -- Authorities in California are looking into animal rights activists' claims that they caused the fire that destroyed 14 big-rig tractors and several trailers at the state's biggest beef operation. http://www.wsvn.com/rss/read/news/articles/business/21006394619766/ 21006394619766 Wed, 11 Jan 2012 02:52:43 GMT WASHINGTON -- Congressional investigators looking into an outbreak of listeria in cantaloupe that killed at least 30 people last year found that third-party auditors who gave Colorado's Jensen Farms a "superior" rating just before the outbreak largely ignored government guidance on food safety. http://www.wsvn.com/rss/read/news/articles/business/21006394636348/ 21006394636348 Wed, 11 Jan 2012 02:51:40 GMT TOLEDO, Ohio -- The Environmental Protection Agency is taking another look at what's behind mysterious cancers in rural northern Ohio that have sickened dozens of children for more than a decade. http://www.wsvn.com/rss/read/news/articles/business/21006394630075/ 21006394630075 Tue, 10 Jan 2012 19:15:53 GMT WASHINGTON -- U.S. employers stepped up their hiring in November but pulled back slightly on the number of jobs they advertised. http://www.wsvn.com/rss/read/news/articles/business/21006391895321/ 21006391895321 Tue, 10 Jan 2012 14:03:11 GMT PLANO, Texas -- J.C. Penney Co. says Myron E. Ullman III is stepping down as chairman and will be replaced by board member Thomas Engibous on Jan. 28. http://www.wsvn.com/rss/read/news/articles/business/21006390019190/ 21006390019190 Tue, 10 Jan 2012 14:07:44 GMT NEW YORK -- Jewelry retailer Tiffany & Co. says its sales growth weakened in the U.S. and Europe during the holiday season, raising fears that the wealthy may be beginning to rein in spending. http://www.wsvn.com/rss/read/news/articles/business/21006390046457/ 21006390046457 Tue, 10 Jan 2012 14:04:28 GMT ROCHESTER, N.Y. -- Kodak is seeking to simplify its structure and cut costs by reducing the number of its business segments from three to two. http://www.wsvn.com/rss/read/news/articles/business/21006390026841/ 21006390026841 Tue, 10 Jan 2012 14:05:39 GMT NEW YORK -- WebMD Health Corp. says CEO Wayne T. Gattinella has resigned, and the healthcare information website operator expects earnings to be significantly lower in this year. http://www.wsvn.com/rss/read/news/articles/business/21006390033949/ 21006390033949 Tue, 10 Jan 2012 02:45:22 GMT WASHINGTON -- Americans are feeling confident enough in the economy to go back to a time-honored tradition -- taking on a little extra debt. http://www.wsvn.com/rss/read/news/articles/business/21006385952236/ 21006385952236 Tue, 10 Jan 2012 02:44:41 GMT AUSTIN, Texas -- Texas is seeking more than $1 billion in damages in a lawsuit that accuses Johnson & Johnson of overstating the safety of an anti-psychotic drug and influencing its use in the state's Medicaid program. http://www.wsvn.com/rss/read/news/articles/business/21006385948157/ 21006385948157 Mon, 09 Jan 2012 13:58:35 GMT BASEL, Switzerland -- Novartis is recalling some bottles of Excedrin, NoDoz, Bufferin and Gas-X Sunday over concerns that the bottles could contain stray pills from other medicines, or chipped or broken tablets. http://www.wsvn.com/rss/read/news/articles/business/21006381351550/ 21006381351550 Mon, 09 Jan 2012 14:03:36 GMT NEW YORK -- Wall Street futures are slightly higher as the market looks to regain its early year momentum after a lackluster response to strong U.S. jobs numbers last Friday. http://www.wsvn.com/rss/read/news/articles/business/21006381381663/ 21006381381663 Mon, 09 Jan 2012 20:34:37 GMT WASHINGTON -- Americans are feeling confident enough in the economy to go back to a time-honored tradition -- taking on a little extra debt. http://www.wsvn.com/rss/read/news/articles/business/21006383727776/ 21006383727776 Mon, 09 Jan 2012 14:00:37 GMT FRANKFURT, Germany -- Germany's BMW AG says the number of vehicles it sold rose by 14.2 percent in 2011 compared with the previous year. http://www.wsvn.com/rss/read/news/articles/business/21006381363798/ 21006381363798 Mon, 09 Jan 2012 13:59:56 GMT BERLIN -- German automaker Volkswagen AG says it saw sales of more than 8 million vehicles last year, putting it ahead of Japan's Toyota Motor Corp. http://www.wsvn.com/rss/read/news/articles/business/21006381359683/ 21006381359683 Mon, 09 Jan 2012 14:01:19 GMT UNDATED -- Pfizer Inc., the world's largest drugmaker, has entered an agreement with drug developer SFJ Pharma Ltd. II to conduct a late-stage trial in Asia of Pfizer's potential kidney cancer treatment axitinib. http://www.wsvn.com/rss/read/news/articles/business/21006381367916/ 21006381367916 Mon, 09 Jan 2012 14:02:14 GMT DETROIT -- The Hyundai Elantra edged out the Ford Focus and Volkwagen Passat Monday to win the 2012 North American Car of the Year award. http://www.wsvn.com/rss/read/news/articles/business/21006381373451/ 21006381373451 Fri, 06 Jan 2012 14:13:25 GMT NEW YORK -- A government report showing a burst of hiring in the U.S. last month is driving stock futures higher. http://www.wsvn.com/rss/read/news/articles/business/21006355520569/ 21006355520569 Fri, 06 Jan 2012 14:14:26 GMT WASHINGTON -- A burst of hiring in December pushed the unemployment rate to its lowest level in nearly three years, giving the economy a boost at the end of 2011. http://www.wsvn.com/rss/read/news/articles/business/21006355526672/ 21006355526672 Fri, 06 Jan 2012 19:36:50 GMT WASHINGTON -- Four painful years after the Great Recession struck and wiped out 8.7 million jobs, the United States may finally be at the start of a virtuous cycle -- an escalating loop of robust job growth, healthier spending and higher demand. http://www.wsvn.com/rss/read/news/articles/business/21006357461078/ 21006357461078 Fri, 06 Jan 2012 02:34:38 GMT The Dow Jones industrial average posted its first loss of the year, but just barely. http://www.wsvn.com/rss/read/news/articles/business/21006351327851/ 21006351327851 Fri, 06 Jan 2012 02:31:43 GMT DETROIT -- Chrysler says it will add 1,250 jobs at two Detroit factories next year. http://www.wsvn.com/rss/read/news/articles/business/21006351310377/ 21006351310377 Fri, 06 Jan 2012 02:23:39 GMT HONOLULU -- Kona coffee growers want Hawaii law to require coffee sellers to provide more details on packages of coffee blends that contain Hawaii-grown beans. http://www.wsvn.com/rss/read/news/articles/business/21006351261967/ 21006351261967 Thu, 05 Jan 2012 14:20:10 GMT WASHINGTON -- The number of people seeking unemployment benefits fell further last week, ending the year on a three-month run of declines that point to stronger hiring in 2012. http://www.wsvn.com/rss/read/news/articles/business/21006346921027/ 21006346921027 Thu, 05 Jan 2012 14:20:58 GMT NEW YORK -- Many retailers are reporting solid sales gains for December, capping a decent holiday season. http://www.wsvn.com/rss/read/news/articles/business/21006346925833/ 21006346925833 Thu, 05 Jan 2012 15:15:08 GMT WASHINGTON -- 2012 looks to be another year of opportunity for the few who can afford to buy or refinance a home. http://www.wsvn.com/rss/read/news/articles/business/21006347250885/ 21006347250885 Thu, 05 Jan 2012 14:17:53 GMT CINCINNATI -- Macy's Inc. is raising its earnings outlook for the fourth quarter and full year due to a strong holiday season and says it will double its quarterly dividend to 20 cents a share. The retailer is also increasing its share repurchase program by $1 billion. http://www.wsvn.com/rss/read/news/articles/business/21006346907343/ 21006346907343 Thu, 05 Jan 2012 14:18:51 GMT NEW YORK -- Target is lowering its earnings expectations after a key revenue figure rose 1.6 percent in December as consumers waited until the last minute to shop and electronics sales were weak. http://www.wsvn.com/rss/read/news/articles/business/21006346913145/ 21006346913145 Thu, 05 Jan 2012 14:19:26 GMT DETROIT -- Fiat has added 5 percent to its majority ownership of Chrysler. http://www.wsvn.com/rss/read/news/articles/business/21006346916611/ 21006346916611 Thu, 05 Jan 2012 02:34:51 GMT Stocks barely budged, letting investors hold on to their gains from a strong opening to the year a day earlier. http://www.wsvn.com/rss/read/news/articles/business/21006342689162/ 21006342689162 Thu, 05 Jan 2012 02:33:36 GMT GREENBELT, Md. -- A Washington-area pay phone owner has been sentenced to three months in prison for rigging his phones to fraudulently ring up $4 million in fees. http://www.wsvn.com/rss/read/news/articles/business/21006342681620/ 21006342681620 Thu, 05 Jan 2012 02:32:05 GMT LOS ANGELES -- U.S. album sales rose more than 3 percent in 2011, the first gain for the music industry since 2004. http://www.wsvn.com/rss/read/news/articles/business/21006342672561/ 21006342672561 Thu, 05 Jan 2012 02:29:38 GMT NEW ORLEANS -- Payments from a compensation fund for BP's massive oil spill in the Gulf of Mexico are resuming. http://www.wsvn.com/rss/read/news/articles/business/21006342657898/ 21006342657898 Thu, 05 Jan 2012 02:26:32 GMT SAN FRANCISCO -- Netflix has released some statistics that indicated the video subscription service must be doing something right, even though investors and customers have been ridiculing it for much of the past six months. http://www.wsvn.com/rss/read/news/articles/business/21006342639279/ 21006342639279 Thu, 05 Jan 2012 02:25:40 GMT DETROIT -- Strong sales in December capped off a great year for U.S. carmakers -- especially Chrysler -- and 2012 should be even better. http://www.wsvn.com/rss/read/news/articles/business/21006342634083/ 21006342634083 Wed, 04 Jan 2012 14:10:44 GMT NEW YORK -- A mall trade group says a flurry of post-Christmas shopping helped sales surge in the last week of December. http://www.wsvn.com/rss/read/news/articles/business/21006338224432/ 21006338224432 Wed, 04 Jan 2012 14:17:38 GMT DETROIT -- Chrysler says its U.S. sales rose 26 percent last year as its turnaround gained traction. http://www.wsvn.com/rss/read/news/articles/business/21006338265824/ 21006338265824 Wed, 04 Jan 2012 19:56:12 GMT TORRANCE, Calif. -- Toyota says its U.S. sales dropped 7 percent in 2011, hurt by supply problems from Japan's earthquake and tsunami. http://www.wsvn.com/rss/read/news/articles/business/21006340297234/ 21006340297234 Wed, 04 Jan 2012 14:09:52 GMT NEW YORK -- Yahoo Inc. has named Scott Thompson, president of eBay Inc.'s PayPal division, as its new CEO. http://www.wsvn.com/rss/read/news/articles/business/21006338219280/ 21006338219280 Tue, 03 Jan 2012 13:11:31 GMT NEW YORK -- The stock market got a big jump on a better year. http://www.wsvn.com/rss/read/news/articles/business/21006329229126/ 21006329229126 Wed, 04 Jan 2012 02:24:45 GMT INDIANAPOLIS -- Super Bowl spots are still the hottest ticket in advertising. http://www.wsvn.com/rss/read/news/articles/business/21006333988525/ 21006333988525 Wed, 04 Jan 2012 02:21:40 GMT TORRANCE, Calif. -- A Los Angeles woman who expected her hybrid Honda Civic to be a high-mileage machine has taken her case against the automaker to small claims court. http://www.wsvn.com/rss/read/news/articles/business/21006333970064/ 21006333970064 Wed, 04 Jan 2012 02:26:29 GMT NEW YORK -- The price of The New York Times has gone up by 50 cents. http://www.wsvn.com/rss/read/news/articles/business/21006333998922/ 21006333998922 Wed, 04 Jan 2012 02:27:48 GMT JACKSON, Mississippi -- A judge has thrown out a $322 million lawsuit verdict that had been hailed as the largest asbestos award for a single plaintiff in U.S. history. http://www.wsvn.com/rss/read/news/articles/business/21006334006851/ 21006334006851 Wed, 04 Jan 2012 02:17:54 GMT QUITO, Ecuador -- An appeals court in Ecuador has upheld an $18 billion ruling against Chevron Corp. for environmental damage in the Amazon rain forest. http://www.wsvn.com/rss/read/news/articles/business/21006333947448/ 21006333947448 Tue, 03 Jan 2012 15:30:51 GMT WASHINGTON -- Manufacturing grew in December at the fastest pace in six months and hiring at U.S. factories picked up. The data helped bolster the view that the economy gained momentum at the end of last year. http://www.wsvn.com/rss/read/news/articles/business/21006330065125/ 21006330065125 Tue, 03 Jan 2012 15:16:03 GMT WASHINGTON -- Construction spending jumped in November as builders spent more on single-family homes, apartments and remodeling projects. http://www.wsvn.com/rss/read/news/articles/business/21006329976324/ 21006329976324 Tue, 03 Jan 2012 17:02:47 GMT NEW YORK -- Oil prices are soaring Tuesday as tensions grow over key Persian Gulf oil shipments. http://www.wsvn.com/rss/read/news/articles/business/21006330616716/ 21006330616716 Tue, 03 Jan 2012 02:38:07 GMT ATLANTIC CITY, N.J. -- Rushing to take advantage of a U.S. Justice Department ruling that in-state Internet gambling does not violate federal law, a New Jersey lawmaker is pushing for his colleagues to pass a bill legalizing online gambling within the state's borders. http://www.wsvn.com/rss/read/news/articles/business/21006325428785/ 21006325428785 Tue, 03 Jan 2012 02:38:54 GMT CARACAS, Venezuela -- Venezuela says it has successfully defended itself in an international arbitration case brought by Exxon Mobil Corp. and will pay only $255 million out of more than $900 million awarded to the company. http://www.wsvn.com/rss/read/news/articles/business/21006325433499/ 21006325433499 Tue, 03 Jan 2012 02:36:12 GMT SINGAPORE -- Singapore says its economy contracted in the fourth quarter as manufacturing plunged amid a slowdown in global trade. http://www.wsvn.com/rss/read/news/articles/business/21006325417257/ 21006325417257 Tue, 03 Jan 2012 02:35:12 GMT BALTIMORE -- William Polk Carey, who founded a New York-based investment management firm bearing his name and donated millions of dollars to help found business schools at universities in Maryland and Arizona, has died at 81. http://www.wsvn.com/rss/read/news/articles/business/21006325411212/ 21006325411212 Mon, 02 Jan 2012 19:26:47 GMT DETROIT -- After hitting a 30-year low in 2009, U.S. auto sales are poised for a second straight year of growth in 2012 -- the result of easier credit, low interest rates and pent-up demand for cars and trucks created by the Great Recession. http://www.wsvn.com/rss/read/news/articles/business/21006322840772/ 21006322840772 Mon, 02 Jan 2012 14:15:12 GMT DES MOINES, Iowa -- Powerball lottery organizers are betting that bigger jackpots will entice more people to play, but gamblers are going to have to dig deeper into their wallets to try their luck. http://www.wsvn.com/rss/read/news/articles/business/21006320971297/ 21006320971297 Fri, 30 Dec 2011 14:23:56 GMT NEW YORK -- Wall Street headed for a mixed open on the final trading day of the year, but it appears that a raucous 2012 will close in the black. http://www.wsvn.com/rss/read/news/articles/business/21006295103675/ 21006295103675 Fri, 30 Dec 2011 14:39:11 GMT SINGAPORE -- Oil prices hovered below $100 a barrel Friday in Asia amid encouraging signs the U.S. economy is slowly improving. http://www.wsvn.com/rss/read/news/articles/business/21006295195184/ 21006295195184 Fri, 30 Dec 2011 15:49:23 GMT DETROIT -- General Motors Co. said on Friday that it is recalling more than 4,000 of its 2012 Chevrolet Sonic subcompact cars to check for missing brake pads. http://www.wsvn.com/rss/read/news/articles/business/21006295616390/ 21006295616390 Fri, 30 Dec 2011 03:03:15 GMT NEW YORK -- Better news on the job market and home sales sent stocks higher on Wall Street. http://www.wsvn.com/rss/read/news/articles/business/21006291019545/ 21006291019545 Fri, 30 Dec 2011 02:59:04 GMT HOFFMAN ESTATES, Ill. -- Florida will be hit the hardest by the closing of Sears and Kmart stores, losing 11, according to a preliminary list of 79 planned closures released Thursday. http://www.wsvn.com/rss/read/news/articles/business/21006290994484/ 21006290994484 Fri, 30 Dec 2011 03:02:06 GMT SAN FRANCISCO -- A federal appeals court says a law granting telecommunications companies legal immunity for helping the National Security Agency with an email and telephone eavesdropping program is constitutional. http://www.wsvn.com/rss/read/news/articles/business/21006291012615/ 21006291012615 Fri, 30 Dec 2011 03:00:25 GMT BEIJING -- A survey has found China's manufacturing slowed in December for a second month amid weak global demand. http://www.wsvn.com/rss/read/news/articles/business/21006291002567/ 21006291002567 Fri, 30 Dec 2011 03:01:34 GMT CHICAGO -- United Airlines and the Teamsters union say that the carrier's mechanics have ratified a new labor contract. http://www.wsvn.com/rss/read/news/articles/business/21006291009421/ 21006291009421 Thu, 29 Dec 2011 14:02:33 GMT WASHINGTON -- The number of people seeking unemployment benefits rose last week after three weeks of declines to a level consistent with modest gains in hiring. http://www.wsvn.com/rss/read/news/articles/business/21006286335344/ 21006286335344 Thu, 29 Dec 2011 14:03:20 GMT NEW YORK -- Wall Street is pointing higher before the bell, with investors awaiting the latest data on jobs and home sales. http://www.wsvn.com/rss/read/news/articles/business/21006286340055/ 21006286340055 Thu, 29 Dec 2011 15:12:27 GMT WASHINGTON -- The number of Americans who signed contracts to buy homes in November rose to the highest level in a year and a half. http://www.wsvn.com/rss/read/news/articles/business/21006286754734/ 21006286754734 Thu, 29 Dec 2011 15:13:17 GMT WASHINGTON -- Fixed mortgage rates rose slightly this week off their record lows. The year ends much like it began, with few people able to take advantage of the best rates in history. http://www.wsvn.com/rss/read/news/articles/business/21006286759729/ 21006286759729 Wed, 28 Dec 2011 14:08:47 GMT NEW YORK -- A mall trade group says that last minute shoppers gave merchants a solid lift during the final week before Christmas. http://www.wsvn.com/rss/read/news/articles/business/21006277732766/ 21006277732766 Wed, 28 Dec 2011 14:27:27 GMT TRENTON, N.J. -- Lipitor, the best-selling drug in the history of pharmaceuticals, is the blockbuster that almost wasn't. http://www.wsvn.com/rss/read/news/articles/business/21006277844714/ 21006277844714 Wed, 28 Dec 2011 02:13:49 GMT NEW YORK -- The New York Times Co. said Tuesday that it will sell its group of 16 small, regional newspapers to Halifax Media Holdings LLC for $143 million. http://www.wsvn.com/rss/read/news/articles/business/21006273442932/ 21006273442932 Tue, 27 Dec 2011 14:03:11 GMT WASHINGTON -- U.S. home prices fell in most major cities for the second straight month, further evidence that the housing recovery will be bumpy. http://www.wsvn.com/rss/read/news/articles/business/21006269059179/ 21006269059179 Tue, 27 Dec 2011 15:21:13 GMT The price of oil rose above $100 a barrel in light holiday trading on growing consumer confidence and prospects for stronger demand. http://www.wsvn.com/rss/read/news/articles/business/21006269527338/ 21006269527338 Tue, 27 Dec 2011 14:31:08 GMT NEW YORK -- Between 100 and 120 Sears and Kmart stores are shutting down after terrible holiday sales during the most crucial time of the year for retailers. http://www.wsvn.com/rss/read/news/articles/business/21006269226865/ 21006269226865 Tue, 27 Dec 2011 15:11:57 GMT NEW YORK -- A monthly survey shows consumers' confidence in the economy in December surged to the highest level since April and is near a post-recession peak. http://www.wsvn.com/rss/read/news/articles/business/21006269471724/ 21006269471724 Tue, 27 Dec 2011 14:34:34 GMT NEW YORK -- A growing number of shoppers apparently need only the briefest of breaks before diving back in, especially if they can log in to shop. http://www.wsvn.com/rss/read/news/articles/business/21006269247417/ 21006269247417 Tue, 27 Dec 2011 13:57:38 GMT UNDATED -- Four new types of American shoppers have emerged this holiday season. http://www.wsvn.com/rss/read/news/articles/business/21006269025828/ 21006269025828 Tue, 27 Dec 2011 02:23:22 GMT NEW YORK -- A growing number of shoppers apparently need only the briefest of breaks before diving back in, especially if they can log in to shop. http://www.wsvn.com/rss/read/news/articles/business/21006264860257/ 21006264860257 Tue, 27 Dec 2011 02:26:03 GMT ABOARD THE BONGA FLOATING OIL VESSEL -- Officials with Royal Dutch Shell PLC say they've contained the worst Nigeria offshore oil spill in more than a decade. http://www.wsvn.com/rss/read/news/articles/business/21006264876315/ 21006264876315 Tue, 27 Dec 2011 02:24:26 GMT DALLAS -- Southwest Airlines Co. flight attendants are the latest group of workers to agree on how they will integrate their seniority with that of workers at AirTran Airways. http://www.wsvn.com/rss/read/news/articles/business/21006264866661/ 21006264866661 Sat, 24 Dec 2011 02:37:27 GMT Stocks are closing higher after a quiet, pre-holiday session that left the S&P 500 positive for the year. http://www.wsvn.com/rss/read/news/articles/business/21006239024778/ 21006239024778 Sat, 24 Dec 2011 02:32:43 GMT WASHINGTON -- Consumer spending and incomes barely rose last month. Business investment has slowed. New-home sales remain dismal. http://www.wsvn.com/rss/read/news/articles/business/21006238996341/ 21006238996341 Sat, 24 Dec 2011 02:36:58 GMT DOVER, Del. -- A federal judge in Delaware has canceled a February trial in New York's antitrust lawsuit against chip-maker Intel Corp. http://www.wsvn.com/rss/read/news/articles/business/21006239021892/ 21006239021892 Sat, 24 Dec 2011 02:34:15 GMT RENO, Nev. -- A Florida skier has sued the owner of Heavenly Mountain Resort on Lake Tahoe's south shore, claiming she was seriously injured when an employee on a snowboard crashed into her last January. http://www.wsvn.com/rss/read/news/articles/business/21006239005565/ 21006239005565 Sat, 24 Dec 2011 02:33:27 GMT BALTIMORE -- Published reports indicate that workers at the Sparrows Point steel mill in Baltimore County are being laid off. http://www.wsvn.com/rss/read/news/articles/business/21006239000790/ 21006239000790 Fri, 23 Dec 2011 13:53:10 GMT WASHINGTON -- Business demand for long-lasting manufactured goods rose by the largest amount in four months in November, driven higher by a big jump in orders for airplanes. http://www.wsvn.com/rss/read/news/articles/business/21006234439056/ 21006234439056 Fri, 23 Dec 2011 13:51:54 GMT WASHINGTON -- Consumers spent at a lackluster rate in November as their incomes barely grew, suggesting that U.S. households may struggle to sustain their spending into 2012. http://www.wsvn.com/rss/read/news/articles/business/21006234431416/ 21006234431416 Fri, 23 Dec 2011 20:15:01 GMT NEW YORK -- Oil prices rose above $100 a barrel Friday as worries over global security issues outweighed weak economic data in the U.S. http://www.wsvn.com/rss/read/news/articles/business/21006236730193/ 21006236730193 Fri, 23 Dec 2011 15:09:56 GMT WASHINGTON -- Americans bought slightly more new homes in November, but 2011 will likely end up as the worst year for sales in history. http://www.wsvn.com/rss/read/news/articles/business/21006234899643/ 21006234899643 Thu, 22 Dec 2011 18:33:14 GMT NEW YORK -- Encouraging economic reports sent stocks higher in mid-afternoon trading Thursday. The number of people applying for unemployment benefits dropped last week to the lowest level since April 2008, the latest sign that the job market is healing. http://www.wsvn.com/rss/read/news/articles/business/21006227479492/ 21006227479492 Thu, 22 Dec 2011 13:47:11 GMT WASHINGTON -- The U.S. economy grew more slowly in the summer than previously thought because consumers spent less than the government had first estimated. But economists expect growth in the current October-December quarter to be stronger. http://www.wsvn.com/rss/read/news/articles/business/21006225763198/ 21006225763198 Thu, 22 Dec 2011 13:49:57 GMT WASHINGTON -- The number of people applying for unemployment benefits dropped last week to its lowest level since April 2008, extending a downward trend that shows the job market strengthening. http://www.wsvn.com/rss/read/news/articles/business/21006225779773/ 21006225779773 Thu, 22 Dec 2011 15:03:02 GMT WASHINGTON -- The average rate on the 30-year fixed mortgage fell to a record 3.91 percent this week, the third time this year that rates have hit new lows. http://www.wsvn.com/rss/read/news/articles/business/21006226218295/ 21006226218295 Thu, 22 Dec 2011 15:38:41 GMT NEW YORK -- Oil prices rose above $99 a barrel Thursday amid signs of growing U.S. crude demand and concerns about global supply. http://www.wsvn.com/rss/read/news/articles/business/21006226432185/ 21006226432185 Thu, 22 Dec 2011 02:41:54 GMT NEW YORK -- A research firm is reporting that holiday sales spiked for the latest week ended Saturday compared with the previous week. http://www.wsvn.com/rss/read/news/articles/business/21006221771434/ 21006221771434 Thu, 22 Dec 2011 02:43:43 GMT Stocks are ending the day mixed after weak earnings from Oracle pulled down technology companies. http://www.wsvn.com/rss/read/news/articles/business/21006221782387/ 21006221782387 Thu, 22 Dec 2011 02:36:33 GMT CLEVELAND -- Authorities say two Ohio men have pleaded guilty to mortgage fraud crimes covering $50 million in real estate transactions, $44 million in fraudulent loans and $31 million in profits. http://www.wsvn.com/rss/read/news/articles/business/21006221739366/ 21006221739366 Thu, 22 Dec 2011 02:40:32 GMT TRENTON, N.J. -- A South Carolina judge has upheld a $327 million civil penalty against health giant Johnson & Johnson, which in March was found guilty by a jury of overstating the safety and effectiveness of its former blockbuster antipsychotic drug, Risperdal. http://www.wsvn.com/rss/read/news/articles/business/21006221763240/ 21006221763240 Thu, 22 Dec 2011 02:05:18 GMT COLUMBUS, Ohio -- White Castle, a 90-year-old hamburger chain known for its square "slider" burgers, is sipping on the idea of offering alcoholic beverages as it tests beer and wine sales at a restaurant in Indiana. http://www.wsvn.com/rss/read/news/articles/business/21006221551823/ 21006221551823 Thu, 22 Dec 2011 02:28:09 GMT INDIANAPOLIS -- A federal judge has sentenced a Chinese national scientist to more than seven years in federal prison after he pleaded guilty to illegally sending trade secrets on a pesticide and a new food product to China and Germany. http://www.wsvn.com/rss/read/news/articles/business/21006221688962/ 21006221688962 Thu, 22 Dec 2011 02:03:55 GMT LEBANON, Mo. -- Wal-Mart says it has pulled a batch of powdered infant formula from stores nationwide after a newborn Missouri boy became gravely ill with a suspected infection and died after being taken off life support. http://www.wsvn.com/rss/read/news/articles/business/21006221543547/ 21006221543547 Thu, 22 Dec 2011 02:26:55 GMT PARIS -- Emmanuelle Maria's breasts were burning and globules of silicone gel were protruding into her armpits. Her implants had ruptured. Yet her doctors, she says, told her nothing was wrong. http://www.wsvn.com/rss/read/news/articles/business/21006221681517/ 21006221681517 Thu, 22 Dec 2011 02:30:29 GMT WASHINGTON -- Clean up or shut down. http://www.wsvn.com/rss/read/news/articles/business/21006221702998/ 21006221702998 Thu, 22 Dec 2011 02:42:53 GMT SAN FRANCISCO -- Published reports say Yahoo is exploring selling most of its holdings in Asia in an attempt to raise money and boost its sagging stock price. http://www.wsvn.com/rss/read/news/articles/business/21006221777316/ 21006221777316 Wed, 21 Dec 2011 14:10:33 GMT NEW YORK -- U.S. stock futures are falling Wednesday morning with markets in Europe giving up earlier gains. http://www.wsvn.com/rss/read/news/articles/business/21006217263315/ 21006217263315 Wed, 21 Dec 2011 15:54:40 GMT WASHINGTON -- The number of Americans who bought previously occupied homes rose last month. But the National Association of Realtors says it overstated more than 3 million sales during and after the Great Recession, showing the housing market remains much weaker than previously thought. http://www.wsvn.com/rss/read/news/articles/business/21006217888015/ 21006217888015 Wed, 21 Dec 2011 14:16:58 GMT Oil rose moved closer to $98 a barrel Wednesday after a report showed U.S. crude supplies fell more than expected, a sign demand may be improving. http://www.wsvn.com/rss/read/news/articles/business/21006217301844/ 21006217301844 Wed, 21 Dec 2011 20:39:47 GMT Bank of America has agreed to pay $335 million to resolve allegations that its Countrywide unit engaged in a widespread pattern of discrimination against qualified African-American and Hispanic borrowers. http://www.wsvn.com/rss/read/news/articles/business/21006219598790/ 21006219598790 Wed, 21 Dec 2011 16:33:36 GMT NEW YORK -- Technology stocks led the market lower Wednesday after a disappointing earnings report from Oracle Corp. http://www.wsvn.com/rss/read/news/articles/business/21006218121679/ 21006218121679 Tue, 20 Dec 2011 22:09:18 GMT NEW YORK -- Encouraging signs out of Europe and a surprisingly strong report on the U.S. housing market drove the Dow Jones industrial average up more than 300 points Tuesday. It was the best day for stocks this month. http://www.wsvn.com/rss/read/news/articles/business/21006211495896/ 21006211495896 Tue, 20 Dec 2011 14:29:22 GMT WASHINGTON -- A surge in apartment construction gave home builders more work in November. And permits, a gauge of future construction rose, spurred by a jump in apartment permits. http://www.wsvn.com/rss/read/news/articles/business/21006208736290/ 21006208736290 Tue, 20 Dec 2011 15:51:26 GMT WASHINGTON -- Unemployment rates fell in 43 states in November, reflecting a modest pickup in the nation's job market. http://www.wsvn.com/rss/read/news/articles/business/21006209228675/ 21006209228675 Tue, 20 Dec 2011 14:42:19 GMT Oil prices climbed above $95 a barrel Tuesday, buoyed by gains in global stock markets and in anticipation of improved U.S. economic data. http://www.wsvn.com/rss/read/news/articles/business/21006208813967/ 21006208813967 Tue, 20 Dec 2011 17:08:27 GMT ROMULUS, Mich. -- Honda is revamping its Civic ahead of schedule because of intense competition for small-car buyers in the U.S. http://www.wsvn.com/rss/read/news/articles/business/21006209690797/ 21006209690797 Tue, 20 Dec 2011 15:24:04 GMT MIAMI -- Carnival is reporting that net income dropped 13 percent in the fourth quarter as rising fuel costs stung the cruise ship company. http://www.wsvn.com/rss/read/news/articles/business/21006209064470/ 21006209064470 Tue, 20 Dec 2011 14:32:40 GMT NEW YORK -- Online search and advertising giant Google is teaming with investment firm Kohlberg Kravis Roberts & Co. to develop four solar energy farms serving the Sacramento Municipal Utility District in California. http://www.wsvn.com/rss/read/news/articles/business/21006208756076/ 21006208756076 Tue, 20 Dec 2011 15:15:51 GMT NEW YORK -- The main trade group representing U.S. airlines expects fewer people to fly this holiday season, but flights will still be packed. http://www.wsvn.com/rss/read/news/articles/business/21006209015181/ 21006209015181 Tue, 20 Dec 2011 02:18:26 GMT NEW YORK -- The stock market took a late afternoon fall after European finance ministers failed to come up with the full amount of money pledged for a bailout fund. http://www.wsvn.com/rss/read/news/articles/business/21006204350699/ 21006204350699 Tue, 20 Dec 2011 01:29:07 GMT LOS ANGELES -- AT&T Inc. is hanging up on its $39 billion bid to buy smaller wireless provider T-Mobile USA, nearly four months after the U.S. government raised concerns that the deal would raise prices, reduce innovation and give customers fewer choices. http://www.wsvn.com/rss/read/news/articles/business/21006204054770/ 21006204054770 Tue, 20 Dec 2011 02:07:54 GMT DENVER -- A California specialty painting company has pleaded guilty to five counts of violating federal workplace safety rules that resulted in the deaths of five workers at a Colorado power plant in 2007. http://www.wsvn.com/rss/read/news/articles/business/21006204287449/ 21006204287449 Tue, 20 Dec 2011 02:11:33 GMT NASHVILLE, Tenn. -- Two Muslim men who were kicked off an airplane in May are suing Delta Air Lines Inc. and a regional carrier that operated the flight from Memphis to Charlotte, N.C. http://www.wsvn.com/rss/read/news/articles/business/21006204309312/ 21006204309312 Tue, 20 Dec 2011 01:38:59 GMT NEW ORLEANS -- Royal Dutch Shell says it has shut down a drilling rig off the coast of Alabama after about 7,600 gallons of synthetic and biodegradable drilling fluid leaked. http://www.wsvn.com/rss/read/news/articles/business/21006204113945/ 21006204113945 Tue, 20 Dec 2011 02:06:26 GMT SAN FRANCISCO -- A federal agency is siding with Apple and ordering an import ban on HTC phones that infringe on a patent belonging to the iPhone maker. http://www.wsvn.com/rss/read/news/articles/business/21006204278655/ 21006204278655 Tue, 20 Dec 2011 02:04:40 GMT GREENVILLE, S.C. -- The supermarket chain Winn-Dixie is being sold in a deal valued at $560 million to Bi-Lo LLC, the companies said Monday, creating a huge grocery operator in the South. http://www.wsvn.com/rss/read/news/articles/business/21006204268010/ 21006204268010 Tue, 20 Dec 2011 02:05:20 GMT NEW YORK -- The New York Times Co. is in advanced talks to sell all of its small, regional publications. http://www.wsvn.com/rss/read/news/articles/business/21006204272046/ 21006204272046 Tue, 20 Dec 2011 02:08:49 GMT SANDY, Utah -- A fire at a Utah animal feed plant has knocked out power to more than 1,100 customers and forced authorities to evacuate some nearby workers and residents. http://www.wsvn.com/rss/read/news/articles/business/21006204292948/ 21006204292948 Tue, 20 Dec 2011 02:13:28 GMT TOLEDO, Ohio -- An Ohio hot dog eatery made famous on the TV series "M-A-S-H" is getting a new owner. http://www.wsvn.com/rss/read/news/articles/business/21006204320861/ 21006204320861 Tue, 20 Dec 2011 02:10:55 GMT WASHINGTON -- Senate Republicans are urging President Barack Obama not to make recess appointments to the National Labor Relations Board. http://www.wsvn.com/rss/read/news/articles/business/21006204305565/ 21006204305565 Tue, 20 Dec 2011 01:29:58 GMT SPRINGDALE, Ark. -- An Arkansas meat processing plant that was linked to a salmonella outbreak this year is producing ground turkey again, meat Giant Cargill Inc. said Monday. http://www.wsvn.com/rss/read/news/articles/business/21006204059823/ 21006204059823 Mon, 19 Dec 2011 14:51:40 GMT DETROIT -- Nissan is recalling nearly 34,000 Sentra compact cars because of a battery cable problem that could cause the engines to stall. http://www.wsvn.com/rss/read/news/articles/business/21006200230069/ 21006200230069 Mon, 19 Dec 2011 16:52:32 GMT NEW YORK -- Oil prices are slightly lower, as traders close out positions for the year despite an encouraging report about U.S. housing that pointed to stronger oil demand. http://www.wsvn.com/rss/read/news/articles/business/21006200955266/ 21006200955266 Mon, 19 Dec 2011 14:10:41 GMT BERLIN -- German industrial giant Siemens AG says it has hired the former top American commander in Afghanistan Gen. Stanley McChrystal as chairman of a new division that aims to secure more U.S. government contracts. http://www.wsvn.com/rss/read/news/articles/business/21006199984183/ 21006199984183 Sat, 17 Dec 2011 15:35:52 GMT TOKYO -- Sony's long-awaited PlayStation Vita portable game machine has hit stores in Japan as thousands of game enthusiasts lined up at shops from early in the morning. http://www.wsvn.com/rss/read/news/articles/business/21006183215234/ 21006183215234 Fri, 16 Dec 2011 16:36:05 GMT WASHINGTON -- The Securities and Exchange Commission has brought civil fraud charges against six former top executives at Fannie Mae and Freddie Mac, saying they misled the government and taxpayers about risky subprime mortgages the mortgage giants held during the housing bust. http://www.wsvn.com/rss/read/news/articles/business/21006174936589/ 21006174936589 Fri, 16 Dec 2011 14:25:45 GMT WASHINGTON -- Consumer prices stayed flat in November, further evidence that inflation has cooled off. http://www.wsvn.com/rss/read/news/articles/business/21006174154541/ 21006174154541 Fri, 16 Dec 2011 16:47:04 GMT TALLAHASSEE, Fla. -- Florida's unemployment fell to its lowest mark in 31 months in November but 10 percent of the workforce remained jobless, state labor officials said Friday. http://www.wsvn.com/rss/read/news/articles/business/21006175002418/ 21006175002418 Thu, 15 Dec 2011 14:55:19 GMT NEW YORK -- Strong earnings from FedEx and a sharp drop in claims for unemployment benefits are sending stocks higher in early trading. http://www.wsvn.com/rss/read/news/articles/business/21006165691956/ 21006165691956 Thu, 15 Dec 2011 14:23:44 GMT WASHINGTON -- The outlook for the job market is looking brighter. http://www.wsvn.com/rss/read/news/articles/business/21006165502495/ 21006165502495 Thu, 15 Dec 2011 15:17:51 GMT WASHINGTON -- The average rate on the 30-year fixed mortgage fell back down to 3.94 percent, the record low set earlier in the fall. http://www.wsvn.com/rss/read/news/articles/business/21006165827138/ 21006165827138 Thu, 15 Dec 2011 14:23:09 GMT WASHINGTON -- Wholesale prices rose a modest 0.3 percent last month as companies paid more for such items as food and pharmaceuticals. But energy prices barely rose, keeping inflation in check. http://www.wsvn.com/rss/read/news/articles/business/21006165498972/ 21006165498972 Thu, 15 Dec 2011 14:22:34 GMT WASHINGTON -- U.S. industrial production fell for the first time in seven months as factories made fewer cars, electronics and appliances. http://www.wsvn.com/rss/read/news/articles/business/21006165495453/ 21006165495453 Thu, 15 Dec 2011 14:53:31 GMT PORT-AU-PRINCE, Haiti -- Dutch brewer Heineken NV says it will increase its stake in the dominant beer company in Haiti to 95 percent. http://www.wsvn.com/rss/read/news/articles/business/21006165681113/ 21006165681113 Thu, 15 Dec 2011 14:54:20 GMT NEW YORK -- Investment bank Morgan Stanley says it will cut 1,600 jobs across all levels of the firm starting next month in the first quarter. http://www.wsvn.com/rss/read/news/articles/business/21006165686054/ 21006165686054 Wed, 14 Dec 2011 20:26:32 GMT NEW YORK -- Stocks and the euro sank Wednesday as worries about Europe dragged down financial markets. Energy companies fell hard as the price of crude oil plunged 5 percent. Gold fell below $1,600 for the first time in more than two months. http://www.wsvn.com/rss/read/news/articles/business/21006159039222/ 21006159039222 Wed, 14 Dec 2011 15:47:50 GMT NEW YORK -- A weak euro is pulling oil prices down to their lowest level this month. http://www.wsvn.com/rss/read/news/articles/business/21006157367062/ 21006157367062 Wed, 14 Dec 2011 14:30:17 GMT FRANKFURT, Germany -- Germany's top central banker is warning against pressing the European Central Bank to create new money as a way of solving the eurozone debt crisis. http://www.wsvn.com/rss/read/news/articles/business/21006156901771/ 21006156901771 Wed, 14 Dec 2011 16:05:28 GMT NEW YORK -- A research firm ShopperTrak is reporting that shoppers are again doing some holiday spending after taking a break following their spree over the Thanksgiving weekend. http://www.wsvn.com/rss/read/news/articles/business/21006157472877/ 21006157472877 Wed, 14 Dec 2011 14:27:31 GMT NEW YORK -- Delta Air Lines Inc. says it expects an $800 million profit this year, and it will be solidly profitable in 2012. http://www.wsvn.com/rss/read/news/articles/business/21006156885173/ 21006156885173 Wed, 14 Dec 2011 14:27:02 GMT SALT LAKE CITY -- A two-month trial is ending in a Utah company's $1 billion antitrust case against Microsoft Corp. http://www.wsvn.com/rss/read/news/articles/business/21006156882245/ 21006156882245 Wed, 14 Dec 2011 14:28:09 GMT KANSAS CITY, Mo. -- Midwestern farmers who saw their land swamped by summer flooding may be socked again with steep increases in their crop insurance premiums, the expensive result of the failure to fix broken levees before the winter snow and next spring's rains. http://www.wsvn.com/rss/read/news/articles/business/21006156888978/ 21006156888978 Wed, 14 Dec 2011 02:37:30 GMT NEW YORK -- Stock indexes are closing lower after the Federal Reserve held off on any new steps to boost the economy. The Fed cautioned that strains in global financial markets still pose a danger, a nod to Europe's debt crisis. http://www.wsvn.com/rss/read/news/articles/business/21006152625073/ 21006152625073 Wed, 14 Dec 2011 02:36:52 GMT NEW YORK -- A federal judge in New York City says he's willing to hear arguments over whether the Food and Drug Administration should have to allow the over-the-counter sale of emergency contraception to girls younger than 17. http://www.wsvn.com/rss/read/news/articles/business/21006152621213/ 21006152621213 Wed, 14 Dec 2011 01:48:15 GMT BUFFALO, N.Y. -- Facebook and its founder will try to have a man's lawsuit claiming part ownership of the $50 billion social networking website thrown out of court after securing proof the contract on which it's based is fake, a Facebook attorney said Tuesday. http://www.wsvn.com/rss/read/news/articles/business/21006152329579/ 21006152329579 Wed, 14 Dec 2011 02:36:18 GMT CHICAGO -- Playboy is moving the bulk of its operations from its longtime home in Chicago to Los Angeles. http://www.wsvn.com/rss/read/news/articles/business/21006152617876/ 21006152617876 Wed, 14 Dec 2011 02:15:40 GMT MAYFIELD HEIGHTS, Ohio -- A northeast Ohio middle school teacher says an employee at a local Target store told her she couldn't shop with about 25 students buying items for charity. http://www.wsvn.com/rss/read/news/articles/business/21006152494091/ 21006152494091 Wed, 14 Dec 2011 02:14:30 GMT WASHINGTON -- The Senate has given final approval to a bill that doubles the maximum fine for pipeline safety violations and adds penalties for obstructing safety investigations. http://www.wsvn.com/rss/read/news/articles/business/21006152487039/ 21006152487039 Wed, 14 Dec 2011 02:25:32 GMT FORT LAUDERDALE, Fla. -- A federal judge decided Tuesday to speed up the public release of transcripts of sworn testimony being given by convicted Ponzi schemer Scott Rothstein about the scope of his $1.2 billion fraud and those involved. http://www.wsvn.com/rss/read/news/articles/business/21006152553259/ 21006152553259 Tue, 13 Dec 2011 15:44:36 GMT WASHINGTON -- U.S. employers advertised slightly fewer jobs in October, a modest decline from a three-year high hit in the previous month. http://www.wsvn.com/rss/read/news/articles/business/21006148707647/ 21006148707647 Tue, 13 Dec 2011 14:20:38 GMT WASHINGTON -- Americans spent more on autos, furniture and clothing at the start of the crucial holiday shopping season, boosting retail sales for a sixth straight month. http://www.wsvn.com/rss/read/news/articles/business/21006148203829/ 21006148203829 Tue, 13 Dec 2011 18:55:37 GMT NEW YORK -- Oil prices jumped about 2 percent Tuesday as tensions rose in Iran and strong retail sales put a rosier glow on the U.S. economy http://www.wsvn.com/rss/read/news/articles/business/21006149853773/ 21006149853773 Tue, 13 Dec 2011 14:22:46 GMT WASHINGTON -- Jon Corzine is expected Tuesday to once again distance himself from an estimated $1.2 billion in customer money that vanished when MF Global collapsed this fall. http://www.wsvn.com/rss/read/news/articles/business/21006148216621/ 21006148216621 Tue, 13 Dec 2011 14:56:20 GMT WASHINGTON -- AT&T Inc. and two of its rivals have agreed to postpone their lawsuits over AT&T's acquisition of T-Mobile USA now that the $39 billion deal is in jeopardy. http://www.wsvn.com/rss/read/news/articles/business/21006148418027/ 21006148418027 Tue, 13 Dec 2011 02:14:44 GMT BUFFALO, N.Y. -- A bankrupt New York-based dental chain that abruptly closed offices in 13 states last year has sold off virtually all of its equipment to pay creditors, executives said at a bankruptcy meeting Monday. http://www.wsvn.com/rss/read/news/articles/business/21006143848437/ 21006143848437 Tue, 13 Dec 2011 02:12:15 GMT NEW ORLEANS -- A federal magistrate has refused to order Sikorsky Aircraft Corp. to pay damages to another company for allegedly hiding an internal report about a deadly helicopter crash in Louisiana. http://www.wsvn.com/rss/read/news/articles/business/21006143833519/ 21006143833519 Tue, 13 Dec 2011 02:10:32 GMT TOKYO -- Japanese media say the government has selected the Lockheed Martin F-35 stealth fighter to bolster its aging air force and is likely to announce the multibillion-dollar deal by the end of the week. http://www.wsvn.com/rss/read/news/articles/business/21006143823262/ 21006143823262 Mon, 12 Dec 2011 13:29:42 GMT U.S. stocks fell Monday after Moody's Investors Service said last week's fiscal pact will not deter it from reconsidering the credit ratings of all European Union nations. http://www.wsvn.com/rss/read/news/articles/business/21006139258215/ 21006139258215 Sat, 10 Dec 2011 02:46:48 GMT TALLAHASSEE, Fla. -- Saying that the numbers are "pretty squishy," a group of Florida state economists on Friday said they can't figure out how much money three new casinos could mean for Sunshine State. http://www.wsvn.com/rss/read/news/articles/business/21006118120846/ 21006118120846 Sat, 10 Dec 2011 02:49:47 GMT ST. PAUL, Minn. -- The University of Kansas is buying up website names such as www.KUgirls.xxx and www.KUnurses.xxx. But not because it's planning a Hot Babes of Kansas site or an X-rated gallery of the Nude Girls of the Land of Aaahs. http://www.wsvn.com/rss/read/news/articles/business/21006118138738/ 21006118138738 Sat, 10 Dec 2011 02:48:07 GMT LOS ANGELES -- YouTube says it has acquired RightsFlow, a New York-based company that will help it identify the owners of music that people upload in their videos. http://www.wsvn.com/rss/read/news/articles/business/21006118128768/ 21006118128768 Sat, 10 Dec 2011 02:50:53 GMT WHITE PLAINS, N.Y. -- A Florida woman accused of arranging the killings of her millionaire hotel heir husband and her mother-in-law is trying to prevent the prosecution from using her statements to police. http://www.wsvn.com/rss/read/news/articles/business/21006118145381/ 21006118145381 Fri, 09 Dec 2011 15:03:31 GMT DETROIT -- Ford is recalling more than 128,000 Ford Fusion and Mercury Milan sedans from the 2010 and 2011 model years because the wheels can fall off the cars. http://www.wsvn.com/rss/read/news/articles/business/21006113901186/ 21006113901186 Fri, 09 Dec 2011 15:00:42 GMT NEW YORK -- Wall Street is pointing higher after 23 European nations agreed to tie their economies closer together in hopes of heading off any future debt crisis. http://www.wsvn.com/rss/read/news/articles/business/21006113884211/ 21006113884211 Fri, 09 Dec 2011 14:59:50 GMT WASHINGTON -- The U.S. trade deficit narrowed in October to its lowest point of the year as Americans bought fewer foreign cars and imported less oil. Exports of American-made autos also fell. http://www.wsvn.com/rss/read/news/articles/business/21006113879043/ 21006113879043 Fri, 09 Dec 2011 15:26:14 GMT ST. LOUIS -- The U.S. government barely changed its estimate for next year's corn surplus, which is expected to stay small and keep high food prices high. http://www.wsvn.com/rss/read/news/articles/business/21006114037482/ 21006114037482 Fri, 09 Dec 2011 02:25:09 GMT ADELPHI, Md. -- Federal health experts said Thursday that drug labeling for Yaz and other widely-used birth control pills should be updated to emphasize recent data suggesting a higher risk of blood clots with the drugs than older contraceptive pills. http://www.wsvn.com/rss/read/news/articles/business/21006109350919/ 21006109350919 Thu, 08 Dec 2011 17:48:27 GMT NEW YORK -- U.S. stocks fell sharply Thursday after the head of the European Central Bank said there was no existing plan for large-scale government bond purchases, as many in the markets had hoped. The Dow Jones industrial average lost 136 points in afternoon trading. http://www.wsvn.com/rss/read/news/articles/business/21006106250793/ 21006106250793 Thu, 08 Dec 2011 14:14:28 GMT WASHINGTON -- The number of people applying for unemployment benefits fell last week to the lowest level in nine months, that latest evidence that the job market is improving. http://www.wsvn.com/rss/read/news/articles/business/21006104966891/ 21006104966891 Thu, 08 Dec 2011 15:28:53 GMT WASHINGTON -- The average rate on the 30-year fixed mortgage hovered above its record low for a sixth straight week. But the super-low rates aren't providing a lift to the struggling housing market. http://www.wsvn.com/rss/read/news/articles/business/21006105413360/ 21006105413360 Thu, 08 Dec 2011 14:17:14 GMT NEW YORK -- Exxon expects to see more and more hybrids on the world's roads, with gas-sipping models like the Toyota Prius making up half of all vehicles by 2040. http://www.wsvn.com/rss/read/news/articles/business/21006104983415/ 21006104983415 Thu, 08 Dec 2011 14:15:48 GMT OAK BROOK, Ill. -- McDonald's says a key revenue figure rose 7.4 percent in November on strong demand from markets around the world. http://www.wsvn.com/rss/read/news/articles/business/21006104974899/ 21006104974899 Thu, 08 Dec 2011 15:05:16 GMT ATLANTA -- The Coca-Cola Company has moved its secret formula for the first time in 86 years, taking it from a bank vault to a new repository on exhibit at its downtown Atlanta museum. http://www.wsvn.com/rss/read/news/articles/business/21006105271687/ 21006105271687 Thu, 08 Dec 2011 14:16:38 GMT ST. PETERS, Mo. -- MEMC Electronic Materials Inc. is eliminating about 20 percent of its work force and cutting production, slashing costs as it deals with weak demand in the solar energy and chip markets. http://www.wsvn.com/rss/read/news/articles/business/21006104979842/ 21006104979842 Thu, 08 Dec 2011 15:54:43 GMT WASHINGTON -- Wholesale companies increased their stockpiles of autos, paper, and other goods in October by the most in five months, a sign they expect consumer demand to rise. http://www.wsvn.com/rss/read/news/articles/business/21006105568387/ 21006105568387 Thu, 08 Dec 2011 02:43:24 GMT Stocks are opening lower as differences emerge between European officials struggling to craft a debt crisis deal ahead of this week's leadership summit. http://www.wsvn.com/rss/read/news/articles/business/21006100820455/ 21006100820455 Thu, 08 Dec 2011 02:40:55 GMT NEW ORLEANS -- Federal regulators have issued a second set of violations against BP for activities related to the 2010 blown-out well that led to the deaths of 11 rig workers and the worst offshore oil spill in U.S. history. http://www.wsvn.com/rss/read/news/articles/business/21006100805514/ 21006100805514 Thu, 08 Dec 2011 02:30:39 GMT EAST LANSING, Mich. -- The U.S. Department of Agriculture said Wednesday it had awarded 17 grants totaling $10.4 million for university research projects designed to boost food safety at a time when millions of Americans get food-borne illnesses each year. http://www.wsvn.com/rss/read/news/articles/business/21006100743991/ 21006100743991 Thu, 08 Dec 2011 02:38:45 GMT WASHINGTON -- A panel of advisers to the Food and Drug Administration has voted that the benefits of a Pfizer kidney cancer drug outweigh its risks. http://www.wsvn.com/rss/read/news/articles/business/21006100792545/ 21006100792545 Thu, 08 Dec 2011 02:33:56 GMT SAN FRANCISCO -- Yahoo says it has won a $610 million court judgment in a scam that tried to dupe people into believing they had won prizes in a bogus lottery sponsored by the Internet company. http://www.wsvn.com/rss/read/news/articles/business/21006100763681/ 21006100763681 Thu, 08 Dec 2011 02:32:39 GMT KINGSTON, Jamaica -- Jamaica's industry minister says a U.S.-based global outsourcing company plans to build a call center next year that is expected to employ 1,000 workers. http://www.wsvn.com/rss/read/news/articles/business/21006100755991/ 21006100755991 Wed, 07 Dec 2011 14:24:33 GMT GENEVA -- A global aviation trade group says earnings in the industry will likely decline to $3.5 billion in 2012 but those could turn into steep losses exceeding $8.3 billion if the eurozone crisis veers toward catastrophe. http://www.wsvn.com/rss/read/news/articles/business/21006096387329/ 21006096387329 Wed, 07 Dec 2011 20:19:17 GMT WASHINGTON -- Americans stepped up their borrowing in October to buy cars and attend college, and they also charged a little more to their credit cards. The second straight monthly gain in overall borrowing suggests consumers are growing more confident in the economy ahead of the crucial holiday buying season. http://www.wsvn.com/rss/read/news/articles/business/21006098515717/ 21006098515717 Wed, 07 Dec 2011 14:25:06 GMT PLANO, Texas -- Department store operator J.C. Penney Co. is buying a minority stake in Martha Stewart Living Omnimedia Inc. for $38.5 million and teaming with the media and merchandising company on a store-within-a-store and joint web site. http://www.wsvn.com/rss/read/news/articles/business/21006096390664/ 21006096390664 Wed, 07 Dec 2011 02:32:15 GMT NEW ORLEANS -- Halliburton is defending itself against allegations by BP that it intentionally destroyed damaging evidence about the quality of its cement slurry that went into drilling an oil well that blew out in the Gulf of Mexico last year, killing 11 workers and resulting in the nation's worst offshore oil spill. http://www.wsvn.com/rss/read/news/articles/business/21006092113536/ 21006092113536 Wed, 07 Dec 2011 02:31:21 GMT CARACAS, Venezuela -- Venezuela's Central Bank says the country's annual inflation has risen to 27.6 percent. http://www.wsvn.com/rss/read/news/articles/business/21006092108118/ 21006092108118 Wed, 07 Dec 2011 02:40:52 GMT MESA, Ariz. -- Florida-based Spirit Airlines has announced it will become the second carrier to provide service from Phoenix-Mesa Gateway Airport, joining Allegiant Air. http://www.wsvn.com/rss/read/news/articles/business/21006092165245/ 21006092165245 Wed, 07 Dec 2011 02:44:18 GMT NEW YORK -- One of the world's biggest Apple stores is opening at Manhattan's Grand Central Terminal. http://www.wsvn.com/rss/read/news/articles/business/21006092185888/ 21006092185888 Wed, 07 Dec 2011 02:29:48 GMT DETROIT -- A person briefed on the matter says leaking coolant is the likely cause of fires that broke out in the Chevrolet Volt's battery after government crash tests. http://www.wsvn.com/rss/read/news/articles/business/21006092098815/ 21006092098815 Wed, 07 Dec 2011 02:29:10 GMT SEATTLE -- Boeing's Machinists union votes Wednesday on a four-year contract extension that would ensure a long stretch of elusive labor peace as the new version of the 737 is built in Washington state. http://www.wsvn.com/rss/read/news/articles/business/21006092095082/ 21006092095082 Tue, 06 Dec 2011 19:12:31 GMT Stocks wavered between small gains and losses Tuesday afternoon after Standard & Poor's expanded its downgrade threat against Europe to include the region's bailout fund. http://www.wsvn.com/rss/read/news/articles/business/21006089475133/ 21006089475133 Tue, 06 Dec 2011 16:39:52 GMT NEW YORK -- Bank of America agreed to pay $315 million to settle claims by investors that they were misled about mortgage-backed investments sold by its Merrill Lynch unit. http://www.wsvn.com/rss/read/news/articles/business/21006088559278/ 21006088559278 Tue, 06 Dec 2011 14:04:48 GMT NEW YORK -- Verizon Wireless is blocking the new flagship phone running Google Inc.'s Android software, the Samsung Galaxy Nexus, from running Google's in-store payment application, the Wallet. http://www.wsvn.com/rss/read/news/articles/business/21006087628896/ 21006087628896 Tue, 06 Dec 2011 14:05:43 GMT HORSHAM, Pa. -- Toll Brothers Inc. says its fiscal fourth-quarter net income slid 70 percent, partly because last year's quarter was helped by a large tax benefit. http://www.wsvn.com/rss/read/news/articles/business/21006087634390/ 21006087634390 Tue, 06 Dec 2011 15:06:09 GMT DETROIT -- Chrysler is reaching back into history for the name of its new small car. http://www.wsvn.com/rss/read/news/articles/business/21006087996990/ 21006087996990 Tue, 06 Dec 2011 03:15:00 GMT NEW ORLEANS -- BP in a high-stakes court filing is accusing Halliburton of destroying damaging evidence about the quality of its cement slurry that went into drilling the oil well that blew out last year and caused the nation's worst offshore oil spill. http://www.wsvn.com/rss/read/news/articles/business/21006083730016/ 21006083730016 Tue, 06 Dec 2011 03:19:08 GMT TOLEDO, Ohio -- A congressman is criticizing a decision allowing an Ohio nuclear reactor to reopen after cracks were discovered in protective concrete at the plant. http://www.wsvn.com/rss/read/news/articles/business/21006083754834/ 21006083754834 Mon, 05 Dec 2011 22:38:56 GMT Stocks are closing modestly higher after a reported threat to Germany's credit rating deflated a morning market rally. http://www.wsvn.com/rss/read/news/articles/business/21006082073696/ 21006082073696 Mon, 05 Dec 2011 22:36:44 GMT WASHINGTON -- The International Monetary Fund is sending $2.95 billion to Greece, the latest installment in a joint effort to help the ailing government avoid a default on its debt. http://www.wsvn.com/rss/read/news/articles/business/21006082060461/ 21006082060461 Mon, 05 Dec 2011 22:31:38 GMT WASHINGTON -- White House officials say they will pressure Republican lawmakers from seven states ahead of this week's expected Senate vote on the confirmation of Richard Cordray to head the new Consumer Financial Protection Bureau. http://www.wsvn.com/rss/read/news/articles/business/21006082029897/ 21006082029897 Mon, 05 Dec 2011 22:34:53 GMT LOS ANGELES -- Broadcasting giant Clear Channel Radio is getting into the daily deals business in a partnership with radio station rival Cumulus Media. http://www.wsvn.com/rss/read/news/articles/business/21006082049397/ 21006082049397 Mon, 05 Dec 2011 22:35:41 GMT SEATTLE -- Amanda Knox says she's hired a Washington, D.C., lawyer to help her land a book deal after an Italian court cleared her and her ex-boyfriend in the killing of her British roommate. http://www.wsvn.com/rss/read/news/articles/business/21006082054172/ 21006082054172 Mon, 05 Dec 2011 22:33:00 GMT SAN FRANCISCO -- Patricia Dunn, the former Hewlett-Packard Co. chairwoman who authorized a boardroom surveillance probe that ultimately sullied her remarkable rise from investment bank typist to the corporate upper class, has died. She was 58. http://www.wsvn.com/rss/read/news/articles/business/21006082038055/ 21006082038055 Mon, 05 Dec 2011 15:07:24 GMT UNDATED -- Stocks rose broadly in early trading Monday on hopes for a plan to restore long-term confidence in the euro. http://www.wsvn.com/rss/read/news/articles/business/21006079364482/ 21006079364482 Mon, 05 Dec 2011 15:40:22 GMT WASHINGTON -- U.S. service companies, which employ 90 percent of the U.S. work force, expanded at slower pace in November and a measure of employment fell sharply. http://www.wsvn.com/rss/read/news/articles/business/21006079562265/ 21006079562265 Mon, 05 Dec 2011 15:39:48 GMT WASHINGTON -- Companies decreased their overall orders to U.S. factories in October for the second straight month, evidence that the economy remains weak despite other signs of improvement. http://www.wsvn.com/rss/read/news/articles/business/21006079558820/ 21006079558820 Mon, 05 Dec 2011 15:03:56 GMT NORTHFIELD, Ill. -- Kraft Foods Inc., which is splitting its business into two publicly traded companies, has named Chairman and CEO Irene Rosenfeld to head up its global snacks company. http://www.wsvn.com/rss/read/news/articles/business/21006079343642/ 21006079343642 Mon, 05 Dec 2011 14:20:22 GMT LOS ANGELES -- Microsoft is rolling out a new interface for its Xbox game console users -- one that allows you to navigate through music, movies, TV shows and games with the wave of your hand or the sound of your voice. http://www.wsvn.com/rss/read/news/articles/business/21006079082236/ 21006079082236 Sat, 03 Dec 2011 16:42:43 GMT LAS VEGAS -- Sprint has signed a contract extension with NASCAR to remain the title sponsor of the elite Cup Series through at least 2016. http://www.wsvn.com/rss/read/news/articles/business/21006062656342/ 21006062656342 Sat, 03 Dec 2011 16:42:14 GMT BEIJING -- The Chinese leadership's law-and-order czar is warning that the country is ill-prepared to handle social unrest amid a changing economy, in the latest sign Beijing is worried about flagging growth. http://www.wsvn.com/rss/read/news/articles/business/21006062653481/ 21006062653481 Fri, 02 Dec 2011 14:24:31 GMT NEW YORK -- U.S. stocks are set to open higher after a report showed improvement in the U.S. job market and Germany's chancellor talked tough about fiscal discipline in the European Union. http://www.wsvn.com/rss/read/news/articles/business/21006053187129/ 21006053187129 Fri, 02 Dec 2011 21:28:50 GMT WASHINGTON -- The unemployment rate, which has refused to budge from the 9 percent neighborhood for two and a half frustrating years, suddenly dropped in November, driven in part by small businesses that finally see reason to hope and hire. http://www.wsvn.com/rss/read/news/articles/business/21006055733035/ 21006055733035 Fri, 02 Dec 2011 14:42:36 GMT NEW YORK -- Online game maker Zynga says it plans to raise up to $1.15 billion in an initial public offering of 115 million shares in the latest in a spate of Internet IPOs. http://www.wsvn.com/rss/read/news/articles/business/21006053295657/ 21006053295657 Fri, 02 Dec 2011 15:40:15 GMT NEW YORK -- Cable companies Comcast Corp., Time Warner Cable Inc. and Bright House Networks are giving up on their dreams of creating their own wireless network, opting instead to resell Verizon Wireless service. http://www.wsvn.com/rss/read/news/articles/business/21006053641575/ 21006053641575 Thu, 01 Dec 2011 15:01:51 GMT NEW YORK -- Stock indexes are edging lower in midday trading Thursday, a day after the market had its biggest gain in two and a half years. Bank stocks and energy companies fell the most. http://www.wsvn.com/rss/read/news/articles/business/21006044771140/ 21006044771140 Thu, 01 Dec 2011 17:44:28 GMT WASHINGTON -- The economy is picking up. If only job growth would follow. http://www.wsvn.com/rss/read/news/articles/business/21006045746852/ 21006045746852 Thu, 01 Dec 2011 20:51:09 GMT NEW YORK -- Oil prices ended slightly lower Thursday after a four-day surge, as traders await a key U.S. jobs report. http://www.wsvn.com/rss/read/news/articles/business/21006046866938/ 21006046866938 Thu, 01 Dec 2011 13:59:22 GMT WASHINGTON -- The number of people applying for unemployment benefits rose for the second straight week, a sign the hiring market is recovering at a slow and uneven pace. http://www.wsvn.com/rss/read/news/articles/business/21006044396294/ 21006044396294 Thu, 01 Dec 2011 15:03:22 GMT WASHINGTON -- The average rate on the 30-year fixed mortgage hovered above its record low for a fifth straight week. Despite the great opportunity, few have the means or stomach to buy or refinance in the depressed housing market. http://www.wsvn.com/rss/read/news/articles/business/21006044780255/ 21006044780255 Thu, 01 Dec 2011 19:05:40 GMT DETROIT -- People are finally replacing the cars and trucks they held on to during the economic slump, giving a boost to U.S. auto sales in November. http://www.wsvn.com/rss/read/news/articles/business/21006046234048/ 21006046234048 Thu, 01 Dec 2011 19:36:49 GMT TORRANCE, Calif. -- Toyota says its U.S. sales rose 7 percent in November, boosted by the introductions of new models and improved dealer inventories. http://www.wsvn.com/rss/read/news/articles/business/21006046420929/ 21006046420929 Thu, 01 Dec 2011 15:46:50 GMT DETROIT -- Chrysler, General Motors and Nissan reported big U.S. sales gains last month, a sign that people are finally starting to replace cars and trucks that they've held onto during the economic slump. http://www.wsvn.com/rss/read/news/articles/business/21006045041049/ 21006045041049 Thu, 01 Dec 2011 13:59:51 GMT NEW YORK -- Retailers reported strong sales gains in November, boosted by a discount-fueled buying binge for the start of the holiday shopping season last weekend. Now, the challenge is to keep shoppers spending throughout the most important selling period of the year. http://www.wsvn.com/rss/read/news/articles/business/21006044399187/ 21006044399187 Thu, 01 Dec 2011 15:52:24 GMT WASHINGTON -- U.S. builders spent more in October on homes, offices and shopping centers, pushing construction spending up for a third straight month. Despite the gains, construction spending remained depressed. http://www.wsvn.com/rss/read/news/articles/business/21006045074419/ 21006045074419 Thu, 01 Dec 2011 14:39:16 GMT MINNEAPOLIS -- Target says a key revenue figure rose 1.8 percent in November, falling short of Wall Street estimates, as the busy shopping weekend after Thanksgiving failed to lift revenue. http://www.wsvn.com/rss/read/news/articles/business/21006044635699/ 21006044635699 Thu, 01 Dec 2011 14:36:50 GMT SEATTLE -- As Boeing executive Jim Albaugh spoke to an aerospace conference in New York, recent strikes by the company's workers in Washington state weren't far from his mind. http://www.wsvn.com/rss/read/news/articles/business/21006044621035/ 21006044621035 Thu, 01 Dec 2011 14:56:08 GMT NEW YORK -- In an unexpected twist, TVs are topping many Christmas shopping lists this year. http://www.wsvn.com/rss/read/news/articles/business/21006044736890/ 21006044736890 Wed, 30 Nov 2011 21:32:40 GMT A move by the world's central banks to lower the cost of borrowing exhilarated investors Wednesday, sending the Dow Jones industrial average soaring 490 points and easing fears of a global credit crisis similar to the one that followed the 2008 collapse of Lehman Brothers. http://www.wsvn.com/rss/read/news/articles/business/21006038476070/ 21006038476070 Wed, 30 Nov 2011 15:17:37 GMT Central banks around the world took joint action Wednesday give banks easier access to dollars, jolting stock markets and easing fears of a global credit crisis. The Dow Jones industrial average soared more than 400 points. http://www.wsvn.com/rss/read/news/articles/business/21006036225772/ 21006036225772 Wed, 30 Nov 2011 14:14:52 GMT NEW YORK -- U.S. stock futures are sharply higher following a coordinated move by several of the world's largest central banks to ease strains on the world financial system. http://www.wsvn.com/rss/read/news/articles/business/21006035849286/ 21006035849286 Wed, 30 Nov 2011 15:51:04 GMT OMAHA, Neb. -- Warren Buffett says Berkshire Hathaway is buying the Omaha World-Herald Co. and expanding the firm's newspaper holdings despite Buffett's misgivings about the industry. http://www.wsvn.com/rss/read/news/articles/business/21006036426458/ 21006036426458 Wed, 30 Nov 2011 15:58:25 GMT NEW YORK -- The price of oil surged above $101 per barrel Wednesday after the U.S. said it would team up with other countries to increase the flow of dollars to foreign banks. http://www.wsvn.com/rss/read/news/articles/business/21006036470588/ 21006036470588 Wed, 30 Nov 2011 15:32:59 GMT WASHINGTON -- The number of Americans who signed contracts to buy homes jumped in October to the highest level in a year. But the gain follows three months of declines and isn't enough to signal a housing recovery. http://www.wsvn.com/rss/read/news/articles/business/21006036317910/ 21006036317910 Wed, 30 Nov 2011 13:54:53 GMT WASHINGTON -- U.S. workers increased their productivity over the summer by the most in a year and a half but the gain was smaller than initially thought. http://www.wsvn.com/rss/read/news/articles/business/21006035729349/ 21006035729349 Wed, 30 Nov 2011 14:00:14 GMT FRANKFURT, Germany -- Major central banks around the globe took coordinated action Wednesday to ease the strains on the world's financial system, saying they would make it easier for banks to get dollars if they need them. Stock markets rose sharply on the move. http://www.wsvn.com/rss/read/news/articles/business/21006035761421/ 21006035761421 Wed, 30 Nov 2011 02:20:29 GMT NEW YORK -- A jump in U.S. consumer confidence is sending stocks to a modestly higher close. Investors were also encouraged by new efforts from European leaders to find more aggressive cures for the region's debt crisis. Technology stocks lagged. http://www.wsvn.com/rss/read/news/articles/business/21006031562953/ 21006031562953 Tue, 29 Nov 2011 12:27:56 GMT DALLAS -- The parent company of American Airlines filed for bankruptcy protection Tuesday, seeking relief from crushing debt caused by high fuel prices and expensive labor contracts that its competitors shed years ago. http://www.wsvn.com/rss/read/news/articles/business/21006026567660/ 21006026567660 Wed, 30 Nov 2011 02:19:17 GMT RESTON, Va. -- Cyber Monday was the busiest online shopping day ever with consumers spending an estimated $1.25 billion. That's up 22 percent from the total spent last year on the Monday after Thanksgiving. http://www.wsvn.com/rss/read/news/articles/business/21006031555710/ 21006031555710 Wed, 30 Nov 2011 02:14:47 GMT LIMA, Peru -- The owners of a $4.8 billion gold and copper mining project in Peru say it has been suspended following increasingly violent protests by peasants who fear damage to their water supplies. http://www.wsvn.com/rss/read/news/articles/business/21006031528766/ 21006031528766 Wed, 30 Nov 2011 02:13:39 GMT UNITED NATIONS -- A hackers group calling itself "Team Poison" has posted what it says are the user names and passwords of more than 100 United Nations staffers' email accounts it pulled from a U.N. computer server. http://www.wsvn.com/rss/read/news/articles/business/21006031521925/ 21006031521925 Wed, 30 Nov 2011 02:15:47 GMT BRAINERD, Minn. -- A Midwestern retailer has changed its mind about a decision not to allow Salvation Army bell ringers to collect donations outside its stores. http://www.wsvn.com/rss/read/news/articles/business/21006031534726/ 21006031534726 Wed, 30 Nov 2011 02:16:33 GMT NEW YORK -- Lehman Brothers Holdings Inc. says an overwhelming majority of its creditors support its latest bankruptcy plan. http://www.wsvn.com/rss/read/news/articles/business/21006031539320/ 21006031539320 Wed, 30 Nov 2011 02:09:47 GMT TOKYO -- Japan's government says industrial production rose 2.4 percent in October from the previous month. http://www.wsvn.com/rss/read/news/articles/business/21006031498753/ 21006031498753 Wed, 30 Nov 2011 02:07:11 GMT RALEIGH, N.C. -- Banana giant Chiquita Brands International confirmed Tuesday it will move its global headquarters from Cincinnati to Charlotte after a North Carolina economic development panel approved an incentives deal worth more than $22 million. http://www.wsvn.com/rss/read/news/articles/business/21006031483190/ 21006031483190 Tue, 29 Nov 2011 14:13:46 GMT NEW YORK -- Wall Street is poised for further gains amid ongoing evidence of a strong start to the U.S. holiday shopping season and hopes for a plan to deal with the European debt crisis. http://www.wsvn.com/rss/read/news/articles/business/21006027202618/ 21006027202618 Tue, 29 Nov 2011 14:05:53 GMT WASHINGTON -- U.S. home prices are falling again in most major cities after posting small gains over the summer and spring. The report suggests the troubled housing market remains weak and won't recover any time soon. http://www.wsvn.com/rss/read/news/articles/business/21006027155350/ 21006027155350 Tue, 29 Nov 2011 13:28:13 GMT NEW YORK -- Tiffany & Co. says its fiscal third quarter profit rose 63 percent on strong sales globally, particularly in Asia. http://www.wsvn.com/rss/read/news/articles/business/21006026929351/ 21006026929351 Tue, 29 Nov 2011 13:29:21 GMT LONDON -- James Murdoch has been re-elected as the chairman of broadcaster BSkyB at the company's annual meeting. http://www.wsvn.com/rss/read/news/articles/business/21006026936193/ 21006026936193 Tue, 29 Nov 2011 13:29:56 GMT BERLIN -- German Chancellor Angela Merkel says Europe must amend its treaties to create a fiscal union to counter its crippling debt crisis. http://www.wsvn.com/rss/read/news/articles/business/21006026939647/ 21006026939647 Mon, 28 Nov 2011 21:55:43 GMT NEW YORK -- A weekend of exuberant holiday shopping in the U.S. and radical proposals for stanching Europe's debt crisis sent stocks soaring Monday. The Standard & Poor's 500 index broke a seven-day losing streak. http://www.wsvn.com/rss/read/news/articles/business/21006021334312/ 21006021334312 Mon, 28 Nov 2011 21:55:10 GMT WASHINGTON -- Fitch says it will keep its rating for long-term U.S. debt at the top AAA level, despite a congressional panel's failure to agree on long-term deficit cuts. But it is lowering its outlook to negative. http://www.wsvn.com/rss/read/news/articles/business/21006021331043/ 21006021331043 Mon, 28 Nov 2011 21:56:20 GMT NEW YORK -- A judge on Monday used unusually harsh language to strike down a $285 million settlement between Citigroup and the Securities and Exchange Commission over toxic mortgage securities, saying he couldn't tell whether the deal was fair and criticizing regulators for shielding the public from details of the firm's wrongdoing. http://www.wsvn.com/rss/read/news/articles/business/21006021338022/ 21006021338022 Mon, 28 Nov 2011 21:47:58 GMT NEW YORK -- Shoppers seem to be just as enthusiastic about shopping on their computers and smartphones on Cyber Monday as they were about finding deals over the weekend. http://www.wsvn.com/rss/read/news/articles/business/21006021287823/ 21006021287823 Tue, 29 Nov 2011 01:44:00 GMT TOKYO -- Japan's government says the unemployment rate climbed to 4.5 percent in October. http://www.wsvn.com/rss/read/news/articles/business/21006022704071/ 21006022704071 Tue, 29 Nov 2011 01:58:10 GMT PHILADELPHIA -- A Philadelphia man convicted of running an ID theft ring with the help of girlfriends at several banks has been sentenced to 15 years in prison. http://www.wsvn.com/rss/read/news/articles/business/21006022789073/ 21006022789073 Tue, 29 Nov 2011 01:55:45 GMT CANBERRA, Australia -- The Australian government says it remains on target to return the budget to surplus in the next fiscal year despite the European debt crisis slashing revenue by $20 billion a year. http://www.wsvn.com/rss/read/news/articles/business/21006022774558/ 21006022774558 Tue, 29 Nov 2011 01:46:58 GMT CARACAS, Venezuela -- The presidents of Venezuela and Colombia say they plan to boost trade and are looking to build a pipeline to carry Venezuelan oil to Colombia's Pacific coast. http://www.wsvn.com/rss/read/news/articles/business/21006022721825/ 21006022721825 Mon, 28 Nov 2011 15:06:50 GMT WASHINGTON -- Americans bought slightly more new homes in October, but the median sales price fell to its lowest level this year. The mixed report suggests the nation's housing market is a long way from recovering. http://www.wsvn.com/rss/read/news/articles/business/21006018881018/ 21006018881018 Fri, 25 Nov 2011 13:26:31 GMT LONDON -- Stocks took another pounding Friday after Italy's borrowing rates ratcheted higher following a pair of hugely disappointing auctions from the eurozone's third-largest economy. http://www.wsvn.com/rss/read/news/articles/business/21005992359166/ 21005992359166 Fri, 25 Nov 2011 15:59:19 GMT Holiday shoppers driving from store to store in search of discounted toys and televisions and are getting a break at the gas pump. http://www.wsvn.com/rss/read/news/articles/business/21005993275944/ 21005993275944 Wed, 23 Nov 2011 14:12:25 GMT NEW YORK -- U.S. stock futures are falling on worries about global economic growth. http://www.wsvn.com/rss/read/news/articles/business/21005975354549/ 21005975354549 Wed, 23 Nov 2011 19:43:03 GMT Europe's spreading debt woes and slower manufacturing in China pushed stocks sharply lower Wednesday. The Dow Jones industrial average fell 200 points in afternoon trading. http://www.wsvn.com/rss/read/news/articles/business/21005977338334/ 21005977338334 Wed, 23 Nov 2011 15:24:24 GMT WASHINGTON -- At the start of the critical holiday shopping season, the economy received a dose of mixed news Wednesday. http://www.wsvn.com/rss/read/news/articles/business/21005975786438/ 21005975786438 Wed, 23 Nov 2011 20:42:40 GMT NEW YORK -- Worries that the global economy is weakening pushed oil prices down Wednesday, even though the government said that oil supplies fell sharply in the U.S. http://www.wsvn.com/rss/read/news/articles/business/21005977696016/ 21005977696016 Wed, 23 Nov 2011 14:17:05 GMT WASHINGTON -- The number of people seeking unemployment benefits ticked up slightly last week after two months of steady declines. http://www.wsvn.com/rss/read/news/articles/business/21005975382534/ 21005975382534 Wed, 23 Nov 2011 15:27:23 GMT WASHINGTON -- The average rate on the 30-year fixed mortgage hovered above its record low for a fourth straight week. But cheap mortgage rates have done little to boost home sales or refinancing. http://www.wsvn.com/rss/read/news/articles/business/21005975804394/ 21005975804394 Wed, 23 Nov 2011 14:20:07 GMT SAN FRANCISCO -- Like Santa Claus on that one foggy Christmas Eve, Microsoft has summoned Rudolph the Red-Nosed Reindeer to guide some precious cargo -- a holiday marketing campaign for its Bing search engine. http://www.wsvn.com/rss/read/news/articles/business/21005975400773/ 21005975400773 Wed, 23 Nov 2011 14:11:37 GMT WASHINGTON -- The number of people seeking unemployment benefits ticked up slightly last week after two months of steady declines. http://www.wsvn.com/rss/read/news/articles/business/21005975349778/ 21005975349778 Wed, 23 Nov 2011 14:16:10 GMT WASHINGTON -- Business orders for long-lasting manufactured goods fell for a second straight month in October. While much of the weakness came from a big drop in demand for commercial aircraft, a key category that tracks business investment spending fell by the largest amount since January. http://www.wsvn.com/rss/read/news/articles/business/21005975377099/ 21005975377099 Tue, 22 Nov 2011 21:48:45 GMT NEW YORK -- A downward revision of U.S. economic growth in the third quarter sent stocks lower Tuesday. Higher borrowing costs for Spain also renewed worries about Europe's debt crisis. http://www.wsvn.com/rss/read/news/articles/business/21005969452575/ 21005969452575 Wed, 23 Nov 2011 01:24:29 GMT NEW YORK -- Retail groups are suing the Federal Reserve, claiming the central bank didn't follow the law when it set a cap on fees that banks can charge merchants for handling debit card purchases. http://www.wsvn.com/rss/read/news/articles/business/21005970746931/ 21005970746931 Wed, 23 Nov 2011 01:11:41 GMT Some are holding potluck dinners instead of springing for the entire feast. Others are staying home rather than flying. And a few are skipping the turkey altogether. http://www.wsvn.com/rss/read/news/articles/business/21005970670120/ 21005970670120 Wed, 23 Nov 2011 01:17:20 GMT NEW YORK -- The U.S. Department of Justice said Tuesday that drug maker Merck will pay $950 million to resolve investigations into its marketing of the painkiller Vioxx. http://www.wsvn.com/rss/read/news/articles/business/21005970704056/ 21005970704056 Wed, 23 Nov 2011 01:16:21 GMT A person familiar with the deal says J.P. Morgan is buying a stake in the London Metal Exchange from MF Global Holdings. http://www.wsvn.com/rss/read/news/articles/business/21005970698167/ 21005970698167 Wed, 23 Nov 2011 01:09:47 GMT WASHINGTON -- The chairman of the Federal Communications Commission has come out against the merger of cellphone giant AT&T and T-Mobile USA. http://www.wsvn.com/rss/read/news/articles/business/21005970658775/ 21005970658775 Wed, 23 Nov 2011 01:10:27 GMT MEXICO CITY -- Mexico has signed a free trade pact with five Central American countries that will cover a regional trade flow that currently amounts to about $48 billion per year. http://www.wsvn.com/rss/read/news/articles/business/21005970662738/ 21005970662738 Wed, 23 Nov 2011 01:07:59 GMT SALT LAKE CITY -- Microsoft's Bill Gates insisted that changes to Windows 95 that undermined a rival word processor were meant to protect the Windows operating system from crashing and not to hurt a competitor. http://www.wsvn.com/rss/read/news/articles/business/21005970647961/ 21005970647961 Wed, 23 Nov 2011 01:15:12 GMT NEW YORK -- Jon Corzine has been called to testify at a Congressional hearing over the collapse of financial firm MF Global. http://www.wsvn.com/rss/read/news/articles/business/21005970691271/ 21005970691271 Tue, 22 Nov 2011 14:01:23 GMT WASHINGTON -- The U.S. economy grew more slowly over the summer than the government had earlier estimated because businesses cut back more sharply on restocking of shelves. http://www.wsvn.com/rss/read/news/articles/business/21005966648336/ 21005966648336 Tue, 22 Nov 2011 13:56:56 GMT NASHVILLE, Tenn. -- The makers of Jack Daniel's whiskey can take a victory sip after a proposal by local officials to tax its barrels of booze was derailed before it could reach the Tennessee Legislature. http://www.wsvn.com/rss/read/news/articles/business/21005966621647/ 21005966621647 Tue, 22 Nov 2011 14:07:47 GMT CAMDEN, N.J. -- Campbell Soup Co. says fiscal first-quarter net income fell 5 percent as price increases were not enough to offset lower volume in its soup and beverage businesses. http://www.wsvn.com/rss/read/news/articles/business/21005966686717/ 21005966686717 Tue, 22 Nov 2011 13:58:00 GMT CAIRO -- Egypt's benchmark index plunged on Tuesday, with a temporary suspension of trading failing to cool a frenzy of selling by investors panicked by escalating violence and protests in the capital that have thrust the nation into its worst political crisis since former President Hosni Mubarak's ouster. http://www.wsvn.com/rss/read/news/articles/business/21005966628068/ 21005966628068 Mon, 21 Nov 2011 21:42:58 GMT NEW YORK -- The stock market was not exactly surprised that a so-called supercommittee in Congress failed to reach a deal to cut the federal budget deficit. But since summer, investors have sold at the first hint of trouble. http://www.wsvn.com/rss/read/news/articles/business/21005960777855/ 21005960777855 Tue, 22 Nov 2011 02:16:41 GMT PHILADELPHIA -- The pursuit of profits blinded executives of a medical devices company to the "the sanctity of human life," a federal judge said Monday in sentencing them to prison for unapproved testing of bone cement that left three people dead. http://www.wsvn.com/rss/read/news/articles/business/21005962420141/ 21005962420141 Tue, 22 Nov 2011 02:15:50 GMT SAN FRANCISCO -- Video subscription service Netflix hopes to raise at least $400 million as it tries to recover from a customer backlash that has battered its stock and tarnished its brand. http://www.wsvn.com/rss/read/news/articles/business/21005962415038/ 21005962415038 Tue, 22 Nov 2011 02:17:36 GMT CARACAS, Venezuela -- The president of Venezuela's largest business chamber says new regulations aimed at curbing high inflation by broadening government-imposed prices controls will scare off investors and hurt consumers. http://www.wsvn.com/rss/read/news/articles/business/21005962425657/ 21005962425657 Tue, 22 Nov 2011 02:14:04 GMT CANBERRA, Australia -- Australia has increased maximum fines for ships that spill oil from $1 million to $11 million in response to a Chinese coal carrier grounding on the Great Barrier Reef. http://www.wsvn.com/rss/read/news/articles/business/21005962404466/ 21005962404466 Tue, 22 Nov 2011 01:59:42 GMT MINNEAPOLIS -- Egg shortages were reported at some Target stores after the retailer ended its relationship with a producer accused of animal cruelty, and the company scrambled Monday to line up new suppliers before Thanksgiving. http://www.wsvn.com/rss/read/news/articles/business/21005962318283/ 21005962318283 Tue, 22 Nov 2011 02:12:33 GMT NEW YORK -- Library patrons hoping to borrow e-books published by Penguin may have to wait. http://www.wsvn.com/rss/read/news/articles/business/21005962395377/ 21005962395377 Tue, 22 Nov 2011 02:10:38 GMT HONG KONG -- The World Bank has held its East Asian growth forecast steady but warns of growing risks including Europe's sovereign debt crisis and uncertainty about Thai manufacturing's recovery from widespread flooding. http://www.wsvn.com/rss/read/news/articles/business/21005962383897/ 21005962383897 Mon, 21 Nov 2011 12:44:09 GMT SALT LAKE CITY -- Microsoft's Bill Gates was set to testify Monday in a $1 billion antitrust lawsuit accusing the software maker of duping a competitor prior to its rollout of Windows 95. http://www.wsvn.com/rss/read/news/articles/business/21005957544980/ 21005957544980 Sat, 19 Nov 2011 15:38:13 GMT SAO PAULO -- The head of environmental affairs for Brazil's federal police says oil company Chevron was not prepared for the offshore oil spill at one of its wells. http://www.wsvn.com/rss/read/news/articles/business/21005941309363/ 21005941309363 Sat, 19 Nov 2011 02:22:48 GMT Stocks are closing largely unchanged as investors balance positive signs for the U.S. economy with a looming deadline for a key Congressional committee. Steep declines earlier in the week gave the S&P 500 its worst week since September. http://www.wsvn.com/rss/read/news/articles/business/21005936536852/ 21005936536852 Sat, 19 Nov 2011 02:18:40 GMT MINNEAPOLIS -- McDonald's Corp. said Friday it has dropped a Minnesota-based egg supplier after an animal rights group released an undercover video of operations at the egg producer's farms in three states. http://www.wsvn.com/rss/read/news/articles/business/21005936512019/ 21005936512019 Sat, 19 Nov 2011 02:21:06 GMT NEW YORK -- Regulators on Friday approved Regeneron Pharmaceuticals Inc.'s drug Eylea, an injection designed to treat a common cause of blindness in older people. http://www.wsvn.com/rss/read/news/articles/business/21005936526619/ 21005936526619 Sat, 19 Nov 2011 02:20:19 GMT RALEIGH, N.C. -- Negotiations between the state and North Carolina's Cherokee Indians over expanding games at the tribe's casino are nearing a self-imposed deadline with significant sticking points remaining. http://www.wsvn.com/rss/read/news/articles/business/21005936521919/ 21005936521919 Fri, 18 Nov 2011 15:24:53 GMT TALLAHASSEE, Fla. -- Florida's unemployment rate is continuing to fall. http://www.wsvn.com/rss/read/news/articles/business/21005932589376/ 21005932589376 Fri, 18 Nov 2011 14:34:22 GMT WASHINGTON -- The Treasury Department has raised $12.2 million from the sale of warrants of 17 banks that received government support during the financial crisis. The sales are part of the government's efforts to recoup the costs of the $700 billion financial bailout. http://www.wsvn.com/rss/read/news/articles/business/21005932286211/ 21005932286211 Thu, 17 Nov 2011 14:04:05 GMT WASHINGTON -- The number of people applying for unemployment benefits fell last week to the lowest level since early April, a sign that layoffs are easing and hiring may pick up. http://www.wsvn.com/rss/read/news/articles/business/21005923464551/ 21005923464551 Thu, 17 Nov 2011 14:04:47 GMT NEW YORK -- U.S. stock futures were little changed Thursday as investors weighed spiking bond yields in Spain against signs of growth in the U.S. job market. http://www.wsvn.com/rss/read/news/articles/business/21005923468711/ 21005923468711 Thu, 17 Nov 2011 16:31:00 GMT NEW YORK -- Oil prices tumbled about 4 percent and dropped below $100 per barrel as investor anxiety over European debt swung from Italy to Spain. http://www.wsvn.com/rss/read/news/articles/business/21005924346022/ 21005924346022 Thu, 17 Nov 2011 14:14:37 GMT WASHINGTON -- U.S. builders started slightly fewer homes in October but submitted plans for a wave of apartments, a mixed sign for the struggling housing market. http://www.wsvn.com/rss/read/news/articles/business/21005923527769/ 21005923527769 Thu, 17 Nov 2011 02:25:13 GMT LOS ANGELES -- Google is unveiling its much-anticipated digital music store as it opens a new front in its battle with Apple to provide services over mobile devices. http://www.wsvn.com/rss/read/news/articles/business/21005919271392/ 21005919271392 Thu, 17 Nov 2011 02:22:12 GMT NEW ORLEANS -- A settlement has been reached between a major manufacturer of Chinese-made drywall and homebuilders who used the tainted product in about 1,500 Gulf Coast homes. http://www.wsvn.com/rss/read/news/articles/business/21005919253292/ 21005919253292 Thu, 17 Nov 2011 02:21:28 GMT SACRAMENTO, Calif. -- A Northern California physicians network says a computer stolen last month contains personal information on more than 4 million patients dating back to 1995. http://www.wsvn.com/rss/read/news/articles/business/21005919248880/ 21005919248880 Thu, 17 Nov 2011 02:20:50 GMT NEW YORK -- Everywhere, it seems, people want to weigh in about the Occupy Wall Street protests around the country, from CEOs and politicians to your next-door neighbor. So far the talk has translated into little action. http://www.wsvn.com/rss/read/news/articles/business/21005919245034/ 21005919245034 Thu, 17 Nov 2011 01:26:05 GMT ANCHORAGE, Alaska -- Federal prosecutors are asking a judge to revoke BP's probation from a 2007 conviction for negligent discharge of oil, saying the company is a recidivist offender of environmental laws on Alaska's North Slope. http://www.wsvn.com/rss/read/news/articles/business/21005918916510/ 21005918916510 Thu, 17 Nov 2011 01:42:22 GMT SAN FRANCISCO -- The federal government has shut down dozens of Internet scam artists who had been paying Google to run ads making bogus promises to help desperate homeowners scrambling to avoid foreclosures. http://www.wsvn.com/rss/read/news/articles/business/21005919014295/ 21005919014295 Wed, 16 Nov 2011 17:31:02 GMT WASHINGTON -- U.S. manufacturing is recovering from a slump, and inflation may be peaking. http://www.wsvn.com/rss/read/news/articles/business/21005916066232/ 21005916066232 Wed, 16 Nov 2011 18:26:29 GMT WASHINGTON -- Inflation may have peaked after surging in the spring. http://www.wsvn.com/rss/read/news/articles/business/21005916398936/ 21005916398936 Wed, 16 Nov 2011 14:10:14 GMT NEW YORK -- Steady improvements in credit card default and late payment rates are stalling after about 18 months, a sign that card users are returning to more normal payment patterns. http://www.wsvn.com/rss/read/news/articles/business/21005914861437/ 21005914861437 Wed, 16 Nov 2011 02:13:27 GMT ST. LOUIS -- The U.S. Department of Agriculture says it will drop some sweeping reforms proposed for the meat industry if Congress cuts money for enforcing the changes. http://www.wsvn.com/rss/read/news/articles/business/21005910560719/ 21005910560719 Wed, 16 Nov 2011 02:12:08 GMT WASHINGTON -- Geron Corp. is exiting the field it pioneered in a calculated business move that underscores the long, costly path embryonic stem cells face to become real-world products. http://www.wsvn.com/rss/read/news/articles/business/21005910552826/ 21005910552826 Tue, 15 Nov 2011 21:52:57 GMT CUPERTINO, Calif. -- Apple has named board member Arthur Levinson as its chairman. http://www.wsvn.com/rss/read/news/articles/business/21005908997756/ 21005908997756 Tue, 15 Nov 2011 21:58:42 GMT NEW YORK -- A New York judge has upheld the city's dismantling of the Occupy Wall Street encampment, saying that the protesters' first amendment rights don't entitle them to camp out indefinitely in the plaza. http://www.wsvn.com/rss/read/news/articles/business/21005909032258/ 21005909032258 Tue, 15 Nov 2011 21:55:08 GMT ALBANY, N.Y. -- New York is poised to begin public hearings on its long-anticipated rules governing natural gas drilling in the lucrative Marcellus Shale. The industry says the rules as drafted are so restrictive that drillers would avoid the state -- while environmental groups call the rules too lax. http://www.wsvn.com/rss/read/news/articles/business/21005909010842/ 21005909010842 Tue, 15 Nov 2011 21:50:09 GMT WASHINGTON -- Lawmakers demanded to know: Why should China, a major foreign competitor and America's biggest creditor, be receiving millions of dollars in development aid from the U.S.? http://www.wsvn.com/rss/read/news/articles/business/21005908980980/ 21005908980980 Tue, 15 Nov 2011 21:54:26 GMT INDIAN WELLS, Calif. -- Cargill MacMillan Jr., the billionaire heir to an agribusiness fortune, has died in California. He was 84. http://www.wsvn.com/rss/read/news/articles/business/21005909006626/ 21005909006626 Tue, 15 Nov 2011 21:57:19 GMT OMAHA, Neb. -- An Omaha man's online petition asking Target Corp. to drop plans to open stores at midnight Thanksgiving Day has garnered tens of thousands of signatures in less than two weeks. http://www.wsvn.com/rss/read/news/articles/business/21005909023999/ 21005909023999 Tue, 15 Nov 2011 13:58:39 GMT WASHINGTON -- Americans spent more on autos, electronics and building supplies in October, pushing retail sales up for a fifth straight month. http://www.wsvn.com/rss/read/news/articles/business/21005906151930/ 21005906151930 Tue, 15 Nov 2011 13:59:59 GMT NEW YORK -- U.S. stock futures are following European markets lower. http://www.wsvn.com/rss/read/news/articles/business/21005906159991/ 21005906159991 Tue, 15 Nov 2011 20:12:51 GMT WASHINGTON -- Consumers are giving a modest lift to the economy. http://www.wsvn.com/rss/read/news/articles/business/21005908397198/ 21005908397198 Tue, 15 Nov 2011 13:52:43 GMT NEW YORK -- Wal-Mart is reporting that the third-quarter profits slipped 2.9 percent and offered a conservative fourth-quarter outlook. But the world's largest retailer announced its first quarterly gain in its U.S. namesake business, reversing a more than two year sales slump. http://www.wsvn.com/rss/read/news/articles/business/21005906116339/ 21005906116339 Tue, 15 Nov 2011 13:56:47 GMT ATLANTA -- Home Depot says spending on home projects and storm-related repairs helped boost its third-quarter net income 12 percent. http://www.wsvn.com/rss/read/news/articles/business/21005906140714/ 21005906140714 Tue, 15 Nov 2011 13:53:39 GMT FRAMINGHAM, Mass. -- Staples Inc. says its third-quarter profit climbed 13 percent, helped in part by better sales of office and break room supplies to businesses as well as promotional products. http://www.wsvn.com/rss/read/news/articles/business/21005906121928/ 21005906121928 Tue, 15 Nov 2011 13:59:18 GMT WASHINGTON -- Companies paid less in October for gas, new cars and other goods, driving down wholesale prices for the first time since June. The report indicates inflation pressures are easing as the cost of oil and other commodities has declined. http://www.wsvn.com/rss/read/news/articles/business/21005906155815/ 21005906155815 Mon, 14 Nov 2011 14:13:19 GMT NEW YORK -- Stock futures are edging lower to start the week. http://www.wsvn.com/rss/read/news/articles/business/21005897599978/ 21005897599978 Mon, 14 Nov 2011 14:12:24 GMT WASHINGTON -- The Transportation Department is fining a regional affiliate of American Airlines $900,000 for keeping passengers cooped up on planes for over three hours in Chicago earlier this year. http://www.wsvn.com/rss/read/news/articles/business/21005897594410/ 21005897594410 Mon, 14 Nov 2011 14:24:56 GMT CHARLOTTE, N.C. -- Bank of America is selling most of its remaining shares in China Construction Bank, expecting an after-tax gain of about $1.8 billion. http://www.wsvn.com/rss/read/news/articles/business/21005897669663/ 21005897669663 Mon, 14 Nov 2011 14:10:28 GMT NEW YORK -- J.C. Penney Co. says it had a loss in the third quarter as the department store operator's results were weighed down by restructuring costs and management transition charges. http://www.wsvn.com/rss/read/news/articles/business/21005897582821/ 21005897582821 Mon, 14 Nov 2011 15:27:14 GMT BOSTON -- Starbucks Corp. has stopped tacking on a surcharge for bags of coffee beans weighing less than a pound nationwide after a Massachusetts consumer-protection agency fined the company over the practice. http://www.wsvn.com/rss/read/news/articles/business/21005898043473/ 21005898043473 Sat, 12 Nov 2011 02:29:07 GMT NEW YORK -- Stocks are surging after Italy and Greece moved closer getting their financial crises under control. The Dow Jones industrial average jumped back above 12,000. http://www.wsvn.com/rss/read/news/articles/business/21005876094796/ 21005876094796 Sat, 12 Nov 2011 02:25:32 GMT STATE COLLEGE, Pa. -- A major credit agency warns that Penn State University's bond rating could be downgraded because of risks to its reputation and finances from a child sex abuse scandal. http://www.wsvn.com/rss/read/news/articles/business/21005876073278/ 21005876073278 Sat, 12 Nov 2011 02:26:31 GMT NEW YORK -- Market researcher NPD Group says U.S. retail sales of video game hardware, software and accessories rose 1 percent to $1.08 billion in October, helped by sales of "Battlefield 3." http://www.wsvn.com/rss/read/news/articles/business/21005876079179/ 21005876079179 Sat, 12 Nov 2011 02:27:50 GMT HARRISBURG, Pa. -- With a Monday deadline looming, Harrisburg's mayor and City Council are deadlocked over a financial recovery plan for Pennsylvania's struggling state capital. http://www.wsvn.com/rss/read/news/articles/business/21005876087033/ 21005876087033 Fri, 11 Nov 2011 15:57:46 GMT LOS ANGELES -- EMI Group Ltd., home of The Beatles and Coldplay, has been sold in two parts for $4.1 billion. http://www.wsvn.com/rss/read/news/articles/business/21005872306618/ 21005872306618 Fri, 11 Nov 2011 16:35:36 GMT NEW YORK -- The price of oil is closing in on $100 per barrel for the first time since summer. http://www.wsvn.com/rss/read/news/articles/business/21005872533658/ 21005872533658 Thu, 10 Nov 2011 15:05:14 GMT WASHINGTON -- The outlook for American jobs and trade looked a little brighter Thursday, despite growing uncertainty overseas. http://www.wsvn.com/rss/read/news/articles/business/21005863351469/ 21005863351469 Thu, 10 Nov 2011 20:09:29 GMT NEW YORK -- Oil prices jumped more than 2 percent Thursday as investors cheered political shake-ups in Greece and Italy, and layoffs appeared to be easing in the U.S. http://www.wsvn.com/rss/read/news/articles/business/21005865176993/ 21005865176993 Thu, 10 Nov 2011 15:04:35 GMT WASHINGTON -- The average rate on the 30-year fixed mortgage fell below 4 percent for just the second time in history. http://www.wsvn.com/rss/read/news/articles/business/21005863347546/ 21005863347546 Thu, 10 Nov 2011 20:11:40 GMT WASHINGTON -- The government regulator of Fannie Mae and Freddie Mac said Thursday that million-dollar bonuses paid to executives at the companies were necessary to keep the mortgage giants running. http://www.wsvn.com/rss/read/news/articles/business/21005865190037/ 21005865190037 Thu, 10 Nov 2011 14:08:42 GMT WASHINGTON -- The U.S. trade deficit fell in September to the lowest point this year as foreign sales of American-made autos, airplanes and heavy machinery pushed exports to an all-time high. http://www.wsvn.com/rss/read/news/articles/business/21005863012239/ 21005863012239 Thu, 10 Nov 2011 14:13:26 GMT NEW YORK -- New plans at T-Mobile USA helped the struggling No. 4 carrier stabilize its business in the third quarter after dismal results earlier this year. http://www.wsvn.com/rss/read/news/articles/business/21005863040694/ 21005863040694 Thu, 10 Nov 2011 14:12:00 GMT MENOMONEE FALLS, Wis. -- Department store operator Kohl's Corp. says its third-quarter profit rose 20 percent, helped by cost cuts and demand for exclusive brands such as lines by Jennifer Lopez and Marc Anthony. http://www.wsvn.com/rss/read/news/articles/business/21005863032054/ 21005863032054 Thu, 10 Nov 2011 19:16:17 GMT ALBANY, N.Y. -- New York's financial services superintendent says more national mortgage companies are agreeing to new practices aimed at protecting borrowers. http://www.wsvn.com/rss/read/news/articles/business/21005864857714/ 21005864857714 Wed, 09 Nov 2011 19:47:27 GMT NEW YORk -- The Dow Jones industrial average dropped more than 400 points Wednesday after Italy's borrowing costs soared and talks collapsed in Greece on forming a new government. http://www.wsvn.com/rss/read/news/articles/business/21005856404720/ 21005856404720 Wed, 09 Nov 2011 14:05:36 GMT DETROIT -- Europe's economic woes are weighing on General Motors Co.'s profits. http://www.wsvn.com/rss/read/news/articles/business/21005854353636/ 21005854353636 Wed, 09 Nov 2011 14:08:02 GMT TOKYO -- Toyota Motor Corp. said Wednesday it is recalling about 550,000 vehicles worldwide -- mostly in the United States -- for problems that could make it harder to steer. http://www.wsvn.com/rss/read/news/articles/business/21005854368282/ 21005854368282 Wed, 09 Nov 2011 14:03:42 GMT WASHINGTON -- Mortgage giant Fannie Mae is asking the federal government for $7.8 billion in aid to cover its losses in the July-September quarter. http://www.wsvn.com/rss/read/news/articles/business/21005854342283/ 21005854342283 Wed, 09 Nov 2011 14:10:32 GMT NEW YORK -- Macy's Inc. is reporting that earnings surged in the third quarter as the department store chain reaps the benefits from tailoring its merchandise to local markets. http://www.wsvn.com/rss/read/news/articles/business/21005854383216/ 21005854383216 Wed, 09 Nov 2011 14:12:24 GMT NEW YORK -- Cable companies said Wednesday that they will offer Internet service for $9.95 per month to homes with children that are eligible for school lunches. http://www.wsvn.com/rss/read/news/articles/business/21005854394417/ 21005854394417 Wed, 09 Nov 2011 02:36:23 GMT SAN FRANCISCO -- A recently discovered video copy of a 1995 interview with Steve Jobs shows the Apple co-founder at a healthier time, not long before he rejoined and revitalized the company. http://www.wsvn.com/rss/read/news/articles/business/21005850218363/ 21005850218363 Wed, 09 Nov 2011 14:11:15 GMT DUBLIN, Ohio -- The Wendy's Co. says its third-quarter loss widened as the fast-food company faced higher beef prices and costs related to selling its Arby's franchise. http://www.wsvn.com/rss/read/news/articles/business/21005854387576/ 21005854387576 Wed, 09 Nov 2011 03:52:51 GMT WEST HOLLYWOOD, Calif. -- West Hollywood has approved an ordinance that bans the sale of fur clothing, becoming what is believed to be the first U.S. city to enact such a law. http://www.wsvn.com/rss/read/news/articles/business/21005850677153/ 21005850677153 Tue, 08 Nov 2011 15:27:26 GMT WASHINGTON -- Employers advertised more jobs in September than at any other point in the past three years, a hopeful sign that companies may step up hiring. http://www.wsvn.com/rss/read/news/articles/business/21005846204667/ 21005846204667 Tue, 08 Nov 2011 14:04:40 GMT NEW YORK -- While lawmakers in Washington debated the debt ceiling and consumer confidence dropped, more homeowners in the U.S. were having a harder time making their mortgage payments. http://www.wsvn.com/rss/read/news/articles/business/21005845708035/ 21005845708035 Tue, 08 Nov 2011 15:28:36 GMT NEW YORK -- Stock indexes are edging higher in early trading ahead of a key confidence vote in Italy that is the next step in Europe's unfolding debt crisis. http://www.wsvn.com/rss/read/news/articles/business/21005846211618/ 21005846211618 Tue, 08 Nov 2011 14:07:32 GMT OAK BROOK, Ill. -- McDonald's Corp. says a key revenue figure rose 5.5 percent in October, fueled by the popularity of its Monopoly game in the U.S. and higher results in Europe and Asia. http://www.wsvn.com/rss/read/news/articles/business/21005845725215/ 21005845725215 Tue, 08 Nov 2011 01:54:23 GMT NEW YORK -- A late rally pushed the Dow Jones industrial average back above 12,000 Monday as investors responded to the latest twists in Europe's efforts to control its debt crisis. http://www.wsvn.com/rss/read/news/articles/business/21005841326331/ 21005841326331 Mon, 07 Nov 2011 21:59:59 GMT MIAMI -- A federal judge in Miami has approved a $410 million settlement in a lawsuit claiming Bank of America charged excessive overdraft fees. http://www.wsvn.com/rss/read/news/articles/business/21005839919994/ 21005839919994 Mon, 07 Nov 2011 14:01:12 GMT NEW YORK -- Stocks edged higher in choppy trading Monday as investors turned their attention toward mixed headlines out of Europe. http://www.wsvn.com/rss/read/news/articles/business/21005837047215/ 21005837047215 Mon, 07 Nov 2011 19:33:07 GMT WASHINGTON -- The government is telling a federal judge that $285 million is a fair penalty for Citigroup Inc. to pay to settle charges that it misled buyers of a complex mortgage investment ahead of the housing bust. http://www.wsvn.com/rss/read/news/articles/business/21005839038794/ 21005839038794 Mon, 07 Nov 2011 20:05:00 GMT WASHINGTON -- Americans borrowed more in September to buy cars and attend college, but they cut back on using their credit cards for a third straight month. The latest data suggest consumers are being cautious about taking on high-interest debt in the weak economy. http://www.wsvn.com/rss/read/news/articles/business/21005839230053/ 21005839230053 Mon, 07 Nov 2011 14:02:56 GMT ENGLEWOOD, Colo. -- Dish Network Corp. says its third-quarter earnings climbed 30 percent, as revenue rose even though the satellite television provider lost subscribers in the quarter. http://www.wsvn.com/rss/read/news/articles/business/21005837057625/ 21005837057625 Fri, 04 Nov 2011 13:16:58 GMT NEW YORK -- U.S. stock futures fell Friday as investors weighed a slight dip in the unemployment rate and a looming confidence vote in Greece. http://www.wsvn.com/rss/read/news/articles/business/21005810861894/ 21005810861894 Fri, 04 Nov 2011 13:17:41 GMT WASHINGTON -- The jobs crisis may be easing slightly on the strength of a fourth straight month of modest hiring and a dip in the unemployment rate. http://www.wsvn.com/rss/read/news/articles/business/21005810866133/ 21005810866133 Fri, 04 Nov 2011 13:15:43 GMT NEW YORK -- Groupon, the company that pioneered online group discounts, has begun trading as a public company. http://www.wsvn.com/rss/read/news/articles/business/21005810854358/ 21005810854358 Fri, 04 Nov 2011 13:10:35 GMT WASHINGTON -- Jon Corzine stepped down Friday from running the securities firm that collapsed after his disastrous bets on European debt. http://www.wsvn.com/rss/read/news/articles/business/21005810823589/ 21005810823589 Thu, 03 Nov 2011 18:19:40 GMT NEW YORK -- An unexpected interest rate cut in Europe and news that Greece will scrap a referendum on unpopular budget cuts sent the Dow Jones industrial average up more than 140 points Thursday, the second day of gains in a row. http://www.wsvn.com/rss/read/news/articles/business/21005804038023/ 21005804038023 Thu, 03 Nov 2011 12:58:53 GMT WASHINGTON -- Fewer people applied for unemployment benefits last week, a hopeful sign that the job market might be picking up. http://www.wsvn.com/rss/read/news/articles/business/21005802113337/ 21005802113337 Thu, 03 Nov 2011 12:57:18 GMT WASHINGTON -- Government-controlled mortgage giant Freddie Mac has requested $6 billion in additional aid after posting a wider loss in the third quarter. http://www.wsvn.com/rss/read/news/articles/business/21005802103885/ 21005802103885 Thu, 03 Nov 2011 15:38:51 GMT DALLAS -- US Airways is raising fares on many U.S. flights by up to $10 per round trip, and other airlines are considering whether to boost prices too. http://www.wsvn.com/rss/read/news/articles/business/21005803073138/ 21005803073138 Thu, 03 Nov 2011 12:59:59 GMT WASHINGTON -- U.S. workers increased their productivity this summer by the largest amount in a year and half, and they cost their employers less. The trend is good for corporate profits but not necessarily for job growth. http://www.wsvn.com/rss/read/news/articles/business/21005802119927/ 21005802119927 Wed, 02 Nov 2011 21:35:05 GMT NEW YORK -- Stock indexes are closing with broad gains as international leaders scramble to save a week-old plan to prevent a financial crisis in Europe. Strong corporate earnings and a bump up in hiring by private companies also helped send markets higher after a steep two-day drop. http://www.wsvn.com/rss/read/news/articles/business/21005796570514/ 21005796570514 Thu, 03 Nov 2011 01:27:44 GMT TORONTO -- BlackBerry maker Research in Motion says its music-sharing application for its popular messaging service will be available for downloading in the U.S., Canada and Australia within a day. http://www.wsvn.com/rss/read/news/articles/business/21005797966481/ 21005797966481 Thu, 03 Nov 2011 01:26:46 GMT CUPERTINO, Calif. -- Apple Inc. says there is a problem with its latest mobile operating system that is shortening the battery life of iPhones, iPads and iPods that use the software. http://www.wsvn.com/rss/read/news/articles/business/21005797960657/ 21005797960657 Thu, 03 Nov 2011 01:25:31 GMT WASHINGTON -- A federal judge is allowing Sprint Nextel Corp. and a regional cellphone company to sue AT&T Inc. over its acquisition of rival T-Mobile USA. http://www.wsvn.com/rss/read/news/articles/business/21005797953198/ 21005797953198 Wed, 02 Nov 2011 21:34:03 GMT CANNES, France -- A senior Chinese finance official says China was surprised by Greece's decision to seek a referendum on a new European aid plan and remains cautious about investing in Europe. http://www.wsvn.com/rss/read/news/articles/business/21005796564341/ 21005796564341 Wed, 02 Nov 2011 21:32:08 GMT ST. LOUIS -- Whole Foods Market Inc. said its fiscal fourth-quarter profit beat expectations as sales rose 12 percent. http://www.wsvn.com/rss/read/news/articles/business/21005796552824/ 21005796552824 Wed, 02 Nov 2011 21:33:24 GMT NORTHFIELD, Ill. -- Kraft Foods Inc.'s third-quarter profit jumped 22 percent as higher prices helped offset increased costs for the food maker. http://www.wsvn.com/rss/read/news/articles/business/21005796560464/ 21005796560464 Wed, 02 Nov 2011 21:07:23 GMT DETROIT -- We saw the USA in them. We drove them to the levee. We even worked on our night moves in their back seats. http://www.wsvn.com/rss/read/news/articles/business/21005796404329/ 21005796404329 Wed, 02 Nov 2011 18:16:50 GMT WASHINGTON -- The Federal Reserve has lowered its growth forecasts and raised its unemployment projections, suggesting the economy has a longer path to recovery. http://www.wsvn.com/rss/read/news/articles/business/21005795381047/ 21005795381047 Wed, 02 Nov 2011 13:07:55 GMT NEW YORK -- Comcast Corp., the nation's biggest cable television company, said Wednesday that its profit rose 5 percent in the third quarter as revenue climbed 51 percent. http://www.wsvn.com/rss/read/news/articles/business/21005793527539/ 21005793527539 Wed, 02 Nov 2011 14:07:04 GMT HAWTHORNE, Fla. -- When you think of Florida fruit, oranges, grapefruit and strawberries come to mind. But blueberries? http://www.wsvn.com/rss/read/news/articles/business/21005793882437/ 21005793882437 Wed, 02 Nov 2011 13:56:15 GMT SECAUCUS, N.J. -- Discount retailer Syms Corp. and its subsidiary Filene's Basement have filed for Chapter 11 bankruptcy protection and plan to liquidate their operations. http://www.wsvn.com/rss/read/news/articles/business/21005793817582/ 21005793817582 Wed, 02 Nov 2011 01:01:53 GMT NEW YORK -- A wave of selling is sweeping across Wall Street and stock markets around the world after Greece's prime minister said he would call a national vote on an unpopular European plan to rescue that nation's economy. Treasurys and other safe assets surged. http://www.wsvn.com/rss/read/news/articles/business/21005789171367/ 21005789171367 Wed, 02 Nov 2011 00:58:14 GMT WICHITA, Kan. -- Experts say the nation's more than 10,000 grain elevators are safer than ever, despite a weekend explosion that killed six people in Kansas. http://www.wsvn.com/rss/read/news/articles/business/21005789149451/ 21005789149451 Wed, 02 Nov 2011 01:00:22 GMT NEW YORK -- New York City is getting a new office tower that will go up on 26 acres of old rail yards in Manhattan's largest undeveloped space. http://www.wsvn.com/rss/read/news/articles/business/21005789162220/ 21005789162220 Wed, 02 Nov 2011 00:54:52 GMT ATLANTIC CITY, N.J. -- Atlantic City casino workers successfully fought off a management demand that they take pay cuts and contribute for the first time to their health benefits and pension costs. http://www.wsvn.com/rss/read/news/articles/business/21005789129212/ 21005789129212 Wed, 02 Nov 2011 00:57:11 GMT WASHINGTON -- The House on Tuesday approved a five-year freeze on any new state and local taxes imposed on cellphones and other wireless services, including wireless broadband access. http://www.wsvn.com/rss/read/news/articles/business/21005789143132/ 21005789143132 Wed, 02 Nov 2011 00:55:41 GMT SAN FRANCISCO -- Rdio, an all-you-can-listen music service, is launching in Brazil under the brand Oi Rdio, in partnership with Brazil's largest telecommunications company, Oi. http://www.wsvn.com/rss/read/news/articles/business/21005789134125/ 21005789134125 Tue, 01 Nov 2011 16:11:41 GMT NEW YORK -- Bank of America is nixing its plans to charge a $5 debit card fee. http://www.wsvn.com/rss/read/news/articles/business/21005785990115/ 21005785990115 Tue, 01 Nov 2011 13:35:03 GMT NEW YORK -- BB&T Corp. is buying the 78 branches of BankAtlantic, along with its deposits and healthy loan portfolio, for about $5.4 billion. http://www.wsvn.com/rss/read/news/articles/business/21005785050350/ 21005785050350 Tue, 01 Nov 2011 19:21:03 GMT WASHINGTON -- About 4 million homeowners who may have been improperly foreclosed upon in 2009 and 2010 are getting an opportunity to have their cases reviewed. Whether they will be reimbursed is up to the same lenders who are accused of moving too swiftly to seize their homes. http://www.wsvn.com/rss/read/news/articles/business/21005787126325/ 21005787126325 Tue, 01 Nov 2011 14:23:54 GMT WASHINGTON -- U.S. manufacturing growth slowed slightly in October, hampered by weaker demand for exports and slower production at factories. http://www.wsvn.com/rss/read/news/articles/business/21005785343469/ 21005785343469 Tue, 01 Nov 2011 14:47:51 GMT NEW YORK -- Oil is falling with the stock market as a surprise referendum in Greece threatens to derail a plan to bolster Europe's banks. http://www.wsvn.com/rss/read/news/articles/business/21005785487115/ 21005785487115 Tue, 01 Nov 2011 13:32:36 GMT NEW YORK -- Drugmaker Pfizer Inc. says third-quarter profit more than tripled on higher revenue and lower charges compared with the year before. The results beat Wall Street estimates, and Pfizer raised its earnings outlook. http://www.wsvn.com/rss/read/news/articles/business/21005785035681/ 21005785035681