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Former DirecTV head named LA Times publisherOpen in New Window
LOS ANGELES (AP) -- Eddy Hartenstein, a former head of DirecTV, will become publisher of the Los Angeles Times, the newspaper reported Saturday....
August 16, 2008 17:17:08  -  Read More
A small town struggles after immigration raidOpen in New Window
POSTVILLE, Iowa (AP) -- A vague unease whispered through this tiny town in northeastern Iowa, where the rolling hills are a study in vivid colors - red barns, white clapboard houses, and vibrant green cornfields plowed with almost architectural precision....
August 16, 2008 17:05:15  -  Read More
Hershey to raise prices 11 percentOpen in New Window
HERSHEY, Pa. (AP) -- The Hershey Co. said Friday it is raising prices on its products by an average of 11 percent as the nations largest candymaker tries to stem the impact of soaring commodities costs, and trimmed its projections for 2008 and 2009....
August 15, 2008 23:42:08  -  Read More
Merrill facing NY lawsuit over securities saleOpen in New Window
NEW YORK (AP) -- New York Attorney General Andrew Cuomo said Friday he sent a letter to Merrill Lynch & Co. notifying the investment bank that his office will file suit against it imminently as part of an investigation into the collapse of the auction-rate securities market....
August 15, 2008 19:15:09  -  Read More
Netflix resumes normal shipping after 3-day glitchOpen in New Window
SAN FRANCISCO (AP) -- Online DVD rental leader Netflix Inc. resumed normal shipments Friday after its distribution centers were crippled by three days of severe technical problems, a spokesman said....
August 15, 2008 18:19:54  -  Read More
J.C. Penneys 2Q profits fall 36 percentOpen in New Window
NEW YORK (AP) -- J.C. Penney Co. reported a 36 percent drop in second-quarter profits Friday and issued a downbeat outlook for the current quarter as shoppers cut back on clothing spending in a tough economy....
August 15, 2008 13:21:56  -  Read More
Most companies in US avoid federal income taxesOpen in New Window
WASHINGTON (AP) -- Unlike the rest of us, most U.S. corporations and foreign companies doing business in the United States pay no federal income tax, according to a new report from Congress....
August 12, 2008 04:15:08  -  Read More
GM offers more fuel-efficient pickup trucks, SUVsOpen in New Window
DETROIT (AP) -- General Motors Corp. is releasing new, more fuel-efficient versions of its full-size pickup trucks and sport utility vehicles later this fall....
August 12, 2008 04:11:36  -  Read More
Wachovia to cut 600 more jobs than earlier plannedOpen in New Window
NEW YORK (AP) -- Wachovia Corp. said Monday it plans to cut 600 more jobs than it previously expected as it works to reduce expenses in the face of staggering losses tied to mortgage debt....
August 11, 2008 23:55:01  -  Read More
NY AG expands auction-rate securities probeOpen in New Window
NEW YORK (AP) -- New York Attorney General Andrew Cuomo said Monday he is expanding his investigation into the collapse of the auction-rate securities market to include JPMorgan Chase & Co., Morgan Stanley and Wachovia Corp....
August 11, 2008 21:25:38  -  Read More
Federal Reserve finds deepening credit crisisOpen in New Window
WASHINGTON (AP) -- More banks are tightening lending standards on home mortgages and other consumer and business loans as a deepening credit crisis exerts a heavier toll on the economy....
August 11, 2008 21:13:07  -  Read More
Conflict is unlikely to deter Russia investorsOpen in New Window
LONDON (AP) -- Russian stock markets rose Monday as investors focused on the long-term opportunities offered by Russias booming economy instead of the clash between Russia and Georgia over the separatist province of South Ossetia....
August 11, 2008 17:17:03  -  Read More
Voting deadline looms for Delta, NWA pilot pactOpen in New Window
ATLANTA (AP) -- Pilots at Delta Air Lines Inc. and Northwest Airlines Corp. are being encouraged by their union leaders to approve a joint collective bargaining agreement as Mondays deadline to vote on the pact loomed....
August 11, 2008 05:52:54  -  Read More
Employers boost 401(k)s to meet workers demandOpen in New Window
CHICAGO (AP) -- Corporate America may have turned its back on traditional pensions but it appears to be embracing 401(k)s more than ever....
August 11, 2008 04:14:15  -  Read More
Verizon, 2 unions agree on new 3-year contactOpen in New Window
NEW YORK (AP) -- Verizon Communications Inc. and two unions representing 65,000 workers who had threatened to strike within hours agreed Sunday on a new three-year contract that provides 10.5 percent wage increases and changes in retirement benefits....
August 10, 2008 22:30:16  -  Read More
Lousy economy threatens states sales tax holidaysOpen in New Window
ATLANTA (AP) -- Thousands of shoppers have been flocking to malls in more than a dozen states for back-to-school sales tax holidays, buying millions of dollars worth of clothes and school supplies - and depriving states of much-needed revenue....
August 10, 2008 20:39:49  -  Read More
Researchers work to turn cars exhaust into powerOpen in New Window
WARREN, Mich. (AP) -- The stinky, steaming air that escapes from a cars tailpipe could help us use less gas....
August 10, 2008 19:21:16  -  Read More
Airports brace for fewer flights, passengersOpen in New Window
FORT WORTH, Texas (AP) -- From his office overlooking the runways of one of the nations busiest airports, Dallas-Fort Worth International Airport Chief Executive Jeffrey Fegan sees the slowdown coming this fall....
August 10, 2008 18:13:42  -  Read More
Investors eye oil, dollar, retail sales this weekOpen in New Window
NEW YORK (AP) -- The dollars rebound and oils tumble breathed some serious optimism into Wall Street last week. But no one knows for sure yet whether the two trends are truly antidotes for whats been ailing the stock market....
August 10, 2008 17:54:38  -  Read More
Paulson: Bush right on Wall Street `hangover quipOpen in New Window
WASHINGTON (AP) -- Treasury Secretary Henry Paulson, a former investment firm executive, says "absolutely theres a lot of truth" to President Bushs comment that Wall Street "got drunk and now its got a hangover," in understanding the current economic climate....
August 10, 2008 17:36:08  -  Read More
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