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House OKs rescue for homeowners, Freddie, Fannie Thu, 24 Jul 2008 03:44:24 GMT
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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