Finance
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Stocks surge; Dow nears recordFeb 27, 2013 3:19 pm - NEW YORK — The Dow came within 100 points of its all-time high Wednesday after rising sharply for a second straight day. The market surged following more evidence that t...
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West Coast terminal locks out longshoremenFeb 27, 2013 2:30 pm - PORTLAND, Ore. — A Pacific Northwest grain terminal owner imposed a lockout on longshoremen Wednesday after saying an “independent former FBI investigator” determined a ...
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Hostess sale of Wonder bread nears completionFeb 27, 2013 12:38 pm - NEW YORK — Wonder bread could start appearing in school lunchboxes again soon. A person familiar with the situation says a bid by Flowers Foods to buy Wonder and several...
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Bernanke defends Fed’s low-interest-rate policiesFeb 27, 2013 11:35 am - WASHINGTON — Facing criticism from Republican lawmakers, Chairman Ben Bernanke stood behind the Federal Reserve’s low-interest-rate policies Wednesday and sought to reas...
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'Much hope' as Bartlett native revamps schools in KenyaFeb 23, 2013 10:00 pm - Had Toni Maraviglia bothered to show up at Berkeley to get that MBA, she might not have time to talk these days, what with all her high-powered business meetings with mo...
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Discover CEO Nelms gets $9.91 million in 2012 payFeb 22, 2013 4:39 pm - NEW YORK — Discover Financial Services Co. says its Chairman and CEO David Nelms received compensation valued at $9.92 million in the credit card company’s 2012 fiscal y...
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Administration warns of impact of broad budget cutsFeb 22, 2013 4:17 pm - WASHINGTON — Widespread flight delays and shuttered airports, off-limit seashores and unprotected parks. The Obama administration is painting a dire portrait of the man...
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Moody’s downgrades Britain’s rating from AAA to AA1Feb 22, 2013 4:16 pm - LONDON — Credit ratings agency Moody’s Investors Service downgraded Britain’s government bond rating one notch from the top AAA to AA1 Friday, saying sluggish growth and...
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Caterpillar considers closing Pennsylvania plantFeb 22, 2013 3:23 pm - Associated Press YORK, Pa. — Heavy machinery manufacturer Caterpillar Inc. is considering closing its distribution facility in central Pennsylvania. The York Distributio...
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Illinois Supreme Court issues rules on foreclosuresFeb 22, 2013 3:19 pm - Associated Press SPRINGFIELD — The Illinois Supreme Court is issuing a new set of rules addressing how mortgage foreclosures are handled in the state. The court says the...