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Business News
| House OKs rescue for homeowners, Freddie, Fannie Thu, 24 Jul 2008 03:44:24 GMT |
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| WASHINGTON (AP) -- Rescue legislation sailed through the House on Wednesday aimed at helping 400,000 strapped homeowners avoid foreclosure and preventing the collapse of troubled mortgage companies Fannie Mae and Freddie Mac.... |
| Insurance tests raise questions about some pickups Thu, 24 Jul 2008 05:17:23 GMT |
| WASHINGTON (AP) -- The latest crash tests by the insurance industry raise safety questions about small pickups, which are drawing more interest because they get better mileage than larger trucks.... |
| WTO powers cite some progress in marathon meeting Thu, 24 Jul 2008 04:20:25 GMT |
| GENEVA (AP) -- A marathon meeting of the world's top commercial powers ended early in the morning in Geneva with negotiators citing some progress in talks on a new global trade pact.... |
| Visa survey shows foreign travel remains popular Thu, 24 Jul 2008 05:14:52 GMT |
| NEW YORK (AP) -- The weak U.S. dollar has not dissuaded Americans from planning trips abroad this year, but they may be heading to destinations closer to home, according to a survey released Thursday by Visa Inc.... |
| Microsoft exec who led Yahoo buyout team to leave Thu, 24 Jul 2008 01:26:24 GMT |
| SEATTLE (AP) -- Microsoft Corp. on Wednesday said Kevin Johnson, the executive in charge of its Windows and Web operations and an instrumental player in the company's failed $47.5 billion bid to buy Yahoo Inc., is leaving the company.... |
| Dissident actors could sway outcome of SAG talks Thu, 24 Jul 2008 03:01:51 GMT |
| LOS ANGELES (AP) -- More than 30 actors dissatisfied with stalled contract talks said Wednesday they have joined to campaign for seats on the Screen Actors Guild's board of directors, a move that could eventually break the stalemate with Hollywood studios.... |
| Sony opens up e-book Reader to other booksellers Thu, 24 Jul 2008 05:19:37 GMT |
| NEW YORK (AP) -- With the market for electronic books still relatively sleepy, Sony Corp. is trying a new tack: untethering the latest model of its e-book reading device from its own online bookstore.... |
| Sallie Mae's 2Q profit falls 72 percent Wed, 23 Jul 2008 22:29:16 GMT |
| NEW YORK (AP) -- Student lender SLM Corp., more commonly known as Sallie Mae, said Wednesday its second-quarter profit plunged 72 percent as funding costs remained high amid further weakening in the credit markets and the company took charges related to its restructuring.... |
| Stocks advance following sharp drop in oil prices Wed, 23 Jul 2008 22:08:23 GMT |
| NEW YORK (AP) -- Stocks advanced for the second straight session Wednesday as another decline in oil prices and several upbeat profit reports eased some of Wall Street's concerns about the economy.... |
| Minimum wage going up, little help as costs soar Thu, 24 Jul 2008 01:09:05 GMT |
| WASHINGTON (AP) -- About 2 million Americans get a raise Thursday as the federal minimum wage rises 70 cents. The bad news: Higher gas and food prices are swallowing it up, and some small businesses will pass the cost of the wage hike to consumers.... |
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