Business News

Citi wins OK for Chinese credit card

Monday, February 6, 2012 9:29:25 AM CST

Citibank won approval to issue its own credit card in China, making it the first non-Asian bank to enter that market.

Greece on the brink

Monday, February 6, 2012 9:10:10 AM CST

Officials in Greece were under pressure Monday to agree on the terms of a new bailout package, as the threat of a default hangs over the country.

Verizon and Redbox team up to battle Netflix

Monday, February 6, 2012 10:19:10 AM CST

Verizon and DVD kiosk company Redbox said Monday that they're teaming up on a streaming video partnership, a move that puts Netflix squarely in their crosshairs.

Obama vs. Reagan: A tale of two recoveries

Monday, February 6, 2012 9:41:09 AM CST

Faced with a strong jobs report Friday, Republicans tried out a new rhetorical message: This isn't a disaster, but Ronald Reagan could have done better.

Stocks edge lower amid Greece jitters

Monday, February 6, 2012 10:53:54 AM CST

U.S. stocks slipped, as investors anxiously await a Greek government decision on budget cuts that are key to securing a second bailout and avoiding default.

Goldman's Blankfein endorses same-sex marriage

Monday, February 6, 2012 9:04:42 AM CST

Goldman Sachs CEO Lloyd Blankfein has recorded a commercial endorsing the right to same-sex marriage, becoming one of the highest profile corporate executives to weigh in on the controversial campaign.

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House bill bans welfare spending at strip clubs

Monday, February 6, 2012 7:44:19 AM CST

If welfare recipients want to dole out the dollar bills at a strip club, they'd better make sure it's not government money ... at least if a bill in Congress becomes law.

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Stocks: All eyes on Greece

Monday, February 6, 2012 7:19:36 AM CST

U.S. stocks were set for a weak open Monday as investors anxiously await a Greek government decision on budget cuts that are key to securing a second bailout and avoiding default.

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Chrysler is king of the Super Bowl spots

Monday, February 6, 2012 10:31:37 AM CST

Once again, Chrysler's Super Bowl ad won the hearts and minds of football fans, this time with a little help from Clint Eastwood and, of course, Detroit.

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Ford cries foul on Chevy 'apocalypse' ad

Monday, February 6, 2012 10:24:59 AM CST

General Motors ignored a request from Ford Motor Co. and ran a humorous Chevrolet truck ad during the Super Bowl that takes a slap at Ford.

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Stocks: Let the good times roll?

Sunday, February 5, 2012 12:00:30 PM CST

Stocks surged last week to their highest levels in years, but there are few key economic reports slated for the week ahead to sustain the rally.

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Disney employees now allowed to grow beards

Friday, February 3, 2012 6:06:17 PM CST

Mickey Mouse can finally grow that goatee he's always wanted. Until now, Disney parks and resort employees had been prohibited from growing beards and goatees. Starting Friday they may do so, so long as they're a quarter-inch or shorter.

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Beat stress for less

Friday, February 3, 2012 3:34:51 PM CST

This year the end of the holidays probably didn't bring the usual stress relief; there are still worries about unemployment, a flailing housing market, and a volatile stock market, all of which may be taking a toll on your health.

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New York sues banks over foreclosures

Friday, February 3, 2012 2:15:48 PM CST

The New York attorney general sued some of the nation's biggest banks on Friday, accusing them of unlawful and deceptive practices for relying on a private electronic registry that tracks mortgages.

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Micron CEO Steve Appleton dies in plane crash

Friday, February 3, 2012 2:58:10 PM CST

Micron CEO and chairman Steve Appleton died Friday morning in a small-plane crash in Boise.

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Big drop in unemployment rate for blacks

Friday, February 3, 2012 2:22:27 PM CST

The unemployment rate for blacks fell more than 2 percentage points last month to its lowest level since March 2009.

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Place your bets on Facebook's IPO -- literally

Friday, February 3, 2012 11:47:17 AM CST

Facebook has finally filed for an IPO, but it likely won't start trading for months. For those who can't wait to gamble on the stock market, bookies are accepting bets.