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Cotton shortage = Pricey T-shirts and jeans
Thursday, September 9, 2010 8:50:12 AM CST
Attention T-shirt fans: Bag those deep discounts now because come January, stores could have you paying more for your favorite clothing.
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U.S. losing competitive edge
Thursday, September 9, 2010 8:31:06 AM CST
The United States continues to lose its edge in international competitiveness, according to a report released Thursday by the World Economic Forum.
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Traffic deaths lowest since 1950
Thursday, September 9, 2010 9:05:04 AM CST
Traffic deaths have hit their lowest level since 1950, the year fatalities behind the wheel began to be tracked, according to the latest government statistics.
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Apple loosens its chokehold on app development
Thursday, September 9, 2010 7:56:35 AM CST
Apple is loosening its grip on its app development for its mobile devices, announcing Thursday that it will drop restrictions on what programming tools developers can use to create iOS apps.
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Stocks lifted by jobs and trade data
Thursday, September 9, 2010 8:31:05 AM CST
Stocks rallied Thursday after better-than-expected reports on the U.S. trade deficit and weekly jobless claims offered investors a sigh of relief from fears about a slowing economy.
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Trade deficit falls sharply
Thursday, September 9, 2010 7:28:14 AM CST
The nation's trade gap fell sharply in July, as exports soared to record levels while imports tumbled.
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Jobless claims slide to a nearly 2-month low
Thursday, September 9, 2010 7:32:31 AM CST
The number of jobless Americans filing for unemployment insurance fell last week to the lowest level in nearly two months, a government report released Thursday showed.
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U.K. fines Goldman $27 million in 'Fab' case
Thursday, September 9, 2010 6:50:05 AM CST
Britain's Financial Services Authority said Thursday it has fined Goldman Sachs International nearly $27 million for not disclosing its investigation by the U.S. Securities and Exchange Commission.
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Chinese tycoons snub Buffett and Gates
Thursday, September 9, 2010 8:10:22 AM CST
In the world of business, who in their right mind would turn down the opportunity to dine with Bill Gates and Warren Buffett? Chinese tycoons, apparently.
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Stocks poised to extend gains
Thursday, September 9, 2010 7:07:33 AM CST
U.S. stocks were headed for a higher open Thursday, as investors digested the latest reading on jobless claims and the U.S. trade deficit.
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Teaching: No longer a recession-proof job
Thursday, September 9, 2010 3:59:52 AM CST
When Jenny Frank decided to become a teacher, she thought she was going into a profession that could weather any recession.
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Corporate bankruptcy: Costly and often worthless
Thursday, September 9, 2010 3:55:35 AM CST
Unsecured creditors of Lehman Brothers may have choked last week when Harvey Miller, the lead attorney on the bank's bankruptcy, told Congress that the final bill to unwind its sprawling claims would likely hit $2 billion and take two more years to settle. He also said some of those creditors might only collect twenty cents on the dollar for approved claims.
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Meet the CEO of the biggest company on earth
Thursday, September 9, 2010 5:10:34 AM CST
It wasn't much of a honeymoon. Less than a year after Wal-Mart's new chief executive, Mike Duke, took control of the world's biggest company, he was faced with a not-so-little problem. Shortly before he became CEO in early 2009, Wal-Mart had announced, with great fanfare, Project Impact -- a plan to freshen up the stores and make them a better place to shop. For the most part it worked pretty well. The stores were cleaner and brighter, the logo's blue and yellow color scheme was warmer and more appealing, and the company embraced a catchy new slogan: "Save money. Live better." Even the yellow smiley face was dropped in favor of a perky new "spark" resembling a twinkly star. Nice.
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Meet the CEO of the biggest company on earth: Full version
Thursday, September 9, 2010 5:11:25 AM CST
It wasn't much of a honeymoon. Less than a year after Wal-Mart's new chief executive, Mike Duke, took control of the world's biggest company, he was faced with a not-so-little problem. Shortly before he became CEO in early 2009, Wal-Mart had announced, with great fanfare, Project Impact -- a plan to freshen up the stores and make them a better place to shop. For the most part it worked pretty well. The stores were cleaner and brighter, the logo's blue and yellow color scheme was warmer and more appealing, and the company embraced a catchy new slogan: "Save money. Live better." Even the yellow smiley face was dropped in favor of a perky new "spark" resembling a twinkly star. Nice.
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Obama: Close tax loopholes to juice economy
Thursday, September 9, 2010 7:43:32 AM CST
As President Obama pushes a new campaign to juice up the economy, he's starting to fill in the details of how he would pay the estimated $180 billion tab. His plan: Eliminate some corporate tax breaks and subsidies, and close loopholes.
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New York Times stock surges on takeover talk
Wednesday, September 8, 2010 4:48:44 PM CST
Shares of the New York Times Company jumped Wednesday on rumors that the world's richest man could increase his stake in the newspaper publisher.
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Shop online without credit cards
Wednesday, September 8, 2010 2:59:16 PM CST
Freeing yourself of plastic is a great way to keep track of your spending and stay on a budget.
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Health insurer faces $9.9 billion in fines
Wednesday, September 8, 2010 2:58:10 PM CST
California regulators are seeking fines of up to $9.9 billion from Pacificare over allegations the health insurer mismanaged claims from physicians, failed to make payments in a timely manner and other violations.
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Help for homeowners who haven't missed a payment
Wednesday, September 8, 2010 2:07:39 PM CST
Borrowers who are up-to-date with their payments but have seen their home's value drop way below their loan amount could get help from a new government program.
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Fed: 'Widespread signs' economy is slowing
Wednesday, September 8, 2010 1:34:51 PM CST
The economy grew at a sluggish pace through the summer months, and there are now "widespread signs" that activity is slowing, the Federal Reserve said Wednesday in its latest snapshot of regional economic conditions.