Select a Category:

Most Popular Business News

Most Emailed Business News   rss

  1. In this Nov. 17, 2009 photo, A 'sold' sign is seen outside a home in Los Angeles. October home sales are up 10.1 percent, beating expectations, as tax credit spurs sales. (AP Photo/Reed Saxon)
    October home sales rise 10.1 pct from September AP - Mon Nov 23, 4:18 PM ETSent 658 times

    WASHINGTON - Home sales surged for the second month in a row in October, climbing to the highest level in 2 1/2 years as first-time buyers rushed to take advantage of an expiring tax credit.

  2. A home is seen for sale in the Washington suburb of Takoma Park, Maryland, October 27, 2009. REUTERS/Jim Bourg
    U.S. existing home sales pace highest in 2-1/2 yrs Reuters - Mon Nov 23, 11:51 AM ETSent 565 times

    WASHINGTON (Reuters) - Sales of previously owned U.S. homes rose in October at a faster-than-expected pace to the highest in more than 2-1/2 years as buyers rushed to take advantage of a popular tax credit, a survey showed on Monday.

  3. The Mistral French amphibious assault ship/helicopter carrier/hospital ship docks on the Neva River in downtown St. Petersburg, Russia, Monday, Nov. 23, 2009, with one of the city landmarks, St. Isaac's Cathedral, in the background. Russia is planning to buy a Mistral-class ship worth 400-500 million euros (around $600-$750 million) from France. Russian Navy and defense industry experts are expected to inspect the ship during the visit. (AP Photo/Dmitry Lovetsky)
    France shows off cutting-edge navy ship in Russia AP - Mon Nov 23, 9:50 AM ETSent 388 times

    ST. PETERSBURG, Russia - A cutting-edge French warship sailed into St. Petersburg Monday to show off its capabilities to potential buyers in the Russian navy, whose pursuit of an amphibious assault capacity is frightening some neighboring countries.

  4. India may get $1 billion in IT outsourcing contracts: report Reuters - Sun Nov 22, 10:55 PM ETSent 355 times

    MUMBAI (Reuters) - Leading Indian outsourcers such as Tata Consultancy , Infosys and Wipro stand to gain contracts worth about $1 billion in the next one or two years as U.S. banks emerge from the troubled asset relief program, the Economic Times reported on Monday.

  5. In this photo provided by CBS, Sen. Chuck Schumer, D-N.Y., appears on CBS's 'Face the Nation' in Washington, Sunday, Nov. 22, 2009. (AP Photo/CBS Face the Nation, Karin Cooper) MANDATORY CREDIT, NO SALES, NO ARCHIVE
    Schumer says failure not an option on health care AP - 11 minutes agoSent 297 times

    WASHINGTON - Failure is not an option on health care, a leading Democratic senator said Monday, even as Republicans turned up the heat on moderates who hold the fate of the legislation in their hands.

  6. In this Oct. 14, 2009 photo, an air conditioner coil that has some corrosion at the home of James and Maria Ivory in Punta Gorda, Florida. The federal government says it finds a 'strong association' between problematic imported Chinese drywall and corrosion of pipes and wires, a conclusion that supports complaints by thousands of homeowners over the last year. (AP Photo/J. Meric)
    Feds find association between drywall, corrosion AP - 1 hour, 35 minutes agoSent 281 times

    WEST PALM BEACH, Fla. - The federal government said Monday that it has found a "strong association" between problematic imported Chinese drywall and corrosion of pipes and wires, a conclusion that supports complaints by thousands of homeowners over the last year.

  7. In this photo made Thursday, Nov. 19, 2009, Chuck Ferrar poses for a portrait at his liquor store in Annapolis, Md. Ferrar expects to pay $9,000 in unemployment taxes next year, up from $3,000 this year. (AP Photo/Rob Carr)
    Rising unemployment taxes could hinder hiring AP - Sun Nov 22, 1:20 PM ETSent 266 times

    WASHINGTON - As if small businesses needed another reason not to hire, consider their latest financial burden: The cost of rising unemployment itself.

  8. Job seekers look over a list of jobs at an employment center in San Francisco, California November 20, 2009. California's unemployment rate for October hit 12.5 percent, as the pace of job losses slowed in many U.S. states. REUTERS/Robert Galbraith (UNITED STATES BUSINESS EMPLOYMENT)
    Economic survey: Job losses to bottom out in 1Q AP - Mon Nov 23, 2:14 PM ETSent 196 times

    Economists expect the joblessness that has weighed down the nation's economic recovery will start to slowly abate in 2010, but they predict consumers will continue to keep a tight rein on spending, according to a new survey.

  9. Tax credit gives home sales best boost in decade AP - 1 hour, 22 minutes agoSent 182 times

    WASHINGTON - First-time buyers taking advantage of a special tax credit gave sales of existing homes in October their biggest surge in a decade, raising hopes for a turnaround in the housing market and pleasing Wall Street.

  10. FILE - In this Nov. 19, 2009 file photo, shoppers prepare to load their car with purchases from a Kmart store in Somerville, Mass. This week, which will be abbreviated due to Thanksgiving, investors will look to reports on home sales, unemployment and consumer confidence and the start of the holiday shopping season on Friday for more insight into the direction of the economy. (AP Photo/Elise Amendola, File)
    AP-GfK Poll: Debt turning shoppers into Scrooges AP - 11 minutes agoSent 130 times

    WASHINGTON - A lot more Americans are feeling stressed out by debt this holiday season, raising the glum likelihood they'll behave like Scrooge rather than Santa.

Most Viewed Business News   rss

  1. A special agent holds an X-ray film file of a healthcare fraud case at a warehouse near Miami, Florida November 23, 2009. It's a crime so profitable that even dead people are in on the act and law enforcement experts, who say it costs U.S. taxpayers hundreds of billions of dollars a year, see little hope of reining it in any time soon. Healthcare fraud has garnered increased attention amid the congressional debate about overhauling the U.S. healthcare system, especially since President Barack Obama wants to cover some of the cost of reforms by fighting abuse. REUTERS/Carlos Barria (UNITED STATES HEALTH CRIME LAW BUSINESS)
    Schumer says failure not an option on health care AP - 11 minutes ago

    WASHINGTON - Failure is not an option on health care, a leading Democratic senator said Monday, even as Republicans turned up the heat on moderates who hold the fate of the legislation in their hands.

  2. Economic survey: Job losses to bottom out in 1Q AP - Mon Nov 23, 2:14 PM ET

    Economists expect the joblessness that has weighed down the nation's economic recovery will start to slowly abate in 2010, but they predict consumers will continue to keep a tight rein on spending, according to a new survey.

  3. Relatives of miners who were killed in a gas explosion cry at the entrance of Xinxing Coal Mine in Hegang, Heilongjiang province, China, Monday, Nov. 23, 2009. The death toll two days later was up to 104, with four still missing, the official Xinhua news agency said Monday. The accident Saturday was the deadliest in China's mining industry for two years, and has highlighted how heavy demand for power-generating coal comes at a high human cost. (AP Photo/Andy Wong)
    Official: China mine that exploded was too crowded AP - Mon Nov 23, 12:09 PM ET

    HEGANG, China - The coal mine that exploded in northern China, killing 104, had too many workers underground in an effort to increase output, a government official said Monday, exposing the risks often taken to meet the country's insatiable energy demands.

  4. Freight trucks, center, breeze through a congested border check point using a Free and Secure Trade Lane, or FAST Lane, in Laredo, Texas, Wednesday, Oct. 14, 2009. The FAST Lane is part of the Customs-Trade Partnership Against Terrorism, or C-TPAT. (AP Photo/Eric Gay)
    Program to help truckers attracts drug smugglers AP - Mon Nov 23, 2:38 PM ET

    LAREDO, Texas - A U.S. program that offers trusted trucking companies speedy passage across American borders has begun attracting just the sort of customers who place a premium on avoiding inspections: Mexican drug smugglers.

  5. The Wall Street entrance to the New York Stock Exchange is pictured March 27, 2009. REUTERS/Eric Thayer
    Stocks rise as home sales feed optimism Reuters - Mon Nov 23, 4:29 PM ET

    NEW YORK (Reuters) - U.S. stocks snapped a three-day losing streak on Monday as stronger-than-expected home sales data fueled optimism while a weaker dollar boosted commodity-linked stocks.

  6. Dimon seen as successor to Geithner: report Reuters - Mon Nov 23, 4:52 AM ET

    (Reuters) - Several U.S. policy makers consider JPMorgan Chase & Co Chief Executive Jamie Dimon as a potential successor to U.S. Treasury Secretary Timothy Geithner, the New York Post said, citing sources.

  7. A home stands for sale in July 2009 in the Brooklyn borough of New York City. A rush to cash in on tax incentives helped to push up sales of existing US homes by 10.1 percent in October giving momentum to the ailing sector, industry data showed Monday.(AFP/Getty Images/File/Spencer Platt)
    October home sales rise 10.1 pct from September AP - Mon Nov 23, 4:18 PM ET

    WASHINGTON - Home sales surged for the second month in a row in October, climbing to the highest level in 2 1/2 years as first-time buyers rushed to take advantage of an expiring tax credit.

  8. In this photo from Tuesday, Nov. 17, 2009, olives ready to be mechanically harvested for olive oil are shown at California Olive Ranch in Artois. In the distance are the new hedgerow-style plantings that allow for mechanical harvesting. Olives can be picked and crushed inside of 90 minutes. In 10 years California officials say the 12,500 acres of olives for oil planted in hedgerow style will grow to 100,000 acres. (AP Photo/Tracie Cone)
    New olive planting method prompts Calif. oil boom AP - Mon Nov 23, 3:46 AM ET

    ARTOIS, Calif. - An oil boom is under way in California's agricultural heartland, as evolving tastes and a trend toward healthy fare have transformed a profession as old as civilization: olive production for the extra virgin market.

  9. FILE - This March 17, 2009 file photo shows the cooling towers of Three Mile Island's Unit 1 Nuclear Power Plant reflected in a parking lot puddle in Middletown, Pa. A small amount of radiation was detected in a reactor building at the Three Mile Island nuclear power plant in central Pennsylvania Saturday afternoon, 21, 2009. (AP Photo/Carolyn Kaster)
    Pipe-cutting led to radiation at Pa. nuke plant AP - Mon Nov 23, 2:48 PM ET

    HARRISBURG, Pa. - Radioactive dust unexpectedly blew out of a pipe being cut by workers during weekend maintenance at the Three Mile Island nuclear power plant, and officials on Monday were trying to determine exactly how and why it happened.

  10. TV retailer QVC joins `Black Friday' frenzy AP - Mon Nov 23, 12:29 PM ET

    NEW YORK - Television retailer QVC has made aggressive plans to keep shoppers watching — instead of mall-hopping — on Black Friday, an event it has traditionally ignored.

Most Recommended Business News   rss

  1. Program to help truckers attracts drug smugglers AP - Mon Nov 23, 2:38 PM ET

    LAREDO, Texas - A U.S. program that offers trusted trucking companies speedy passage across American borders has begun attracting just the sort of customers who place a premium on avoiding inspections: Mexican drug smugglers.

  2. Sen. Bill Nelson, D-Fla. gestures on Capitol Hill in Washington, Thursday, Oct. 29, 2009, during a briefing on the imported Chinese drywall situation in Florida. (AP Photo/Harry Hamburg)
    Feds find association between drywall, corrosion AP - 1 hour, 35 minutes ago

    WEST PALM BEACH, Fla. - The federal government said Monday that it has found a "strong association" between problematic imported Chinese drywall and corrosion of pipes and wires, a conclusion that supports complaints by thousands of homeowners over the last year.

  3. AP-GfK Poll: Debt turning shoppers into Scrooges AP - 11 minutes ago

    WASHINGTON - A lot more Americans are feeling stressed out by debt this holiday season, raising the glum likelihood they'll behave like Scrooge rather than Santa.

  4. Economic survey: Job losses to bottom out in 1Q AP - Mon Nov 23, 2:14 PM ET

    Economists expect the joblessness that has weighed down the nation's economic recovery will start to slowly abate in 2010, but they predict consumers will continue to keep a tight rein on spending, according to a new survey.

  5. Shelves containing files on healthcare fraud cases are seen at a warehouse near Miami, Florida November 23, 2009. It's a crime so profitable that even dead people are in on the act and law enforcement experts, who say it costs U.S. taxpayers hundreds of billions of dollars a year, see little hope of reining it in any time soon. Healthcare fraud has garnered increased attention amid the congressional debate about overhauling the U.S. healthcare system, especially since President Barack Obama wants to cover some of the cost of reforms by fighting abuse. REUTERS/Carlos Barria (UNITED STATES HEALTH CRIME LAW BUSINESS)
    Schumer says failure not an option on health care AP - 11 minutes ago

    WASHINGTON - Failure is not an option on health care, a leading Democratic senator said Monday, even as Republicans turned up the heat on moderates who hold the fate of the legislation in their hands.

  6. India may get $1 billion in IT outsourcing contracts: report Reuters - Sun Nov 22, 10:55 PM ET

    MUMBAI (Reuters) - Leading Indian outsourcers such as Tata Consultancy , Infosys and Wipro stand to gain contracts worth about $1 billion in the next one or two years as U.S. banks emerge from the troubled asset relief program, the Economic Times reported on Monday.

  7. A home is seen for sale in the Washington suburb of Takoma Park, Maryland, October 27, 2009. REUTERS/Jim Bourg
    U.S. existing home sales pace highest in 2-1/2 yrs Reuters - Mon Nov 23, 11:51 AM ET

    WASHINGTON (Reuters) - Sales of previously owned U.S. homes rose in October at a faster-than-expected pace to the highest in more than 2-1/2 years as buyers rushed to take advantage of a popular tax credit, a survey showed on Monday.

  8. A sold sign is posted in front of a home for sale in August 2009 in San Francisco, California. A rush to cash in on tax incentives helped to push up sales of existing US homes by 10.1 percent in October giving momentum to the ailing sector, industry data showed Monday.(AFP/Getty Images/File/Justin Sullivan)
    October home sales rise 10.1 pct from September AP - Mon Nov 23, 4:18 PM ET

    WASHINGTON - Home sales surged for the second month in a row in October, climbing to the highest level in 2 1/2 years as first-time buyers rushed to take advantage of an expiring tax credit.

  9. Tax credit gives home sales best boost in decade AP - 1 hour, 22 minutes ago

    WASHINGTON - First-time buyers taking advantage of a special tax credit gave sales of existing homes in October their biggest surge in a decade, raising hopes for a turnaround in the housing market and pleasing Wall Street.

  10. FILE - This image released by TLC, shows Jon Gosselin, right, and his wife Kate Gosselin, from the TLC series 'Jon & Kate Plus 8,' in Hawaii. (AP Photo/TLC, Mark Arbeit)
    Attorney: Gosselin divorce could be finalized soon AP - Mon Nov 23, 12:30 PM ET

    ALLENTOWN, Pa. - Jon Gosselin offered his estranged wife a bouquet of red roses at their divorce arbitration hearing over the weekend. She evidently turned them down. Despite the snub, the marathon session went so well that the feuding stars of "Jon & Kate Plus Eight" could be divorced by the end of the year, his attorney said Monday.

Archive

View Most Emailed: Business stories and photos by date.

More Most Popular