Finance
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A brighter idea — but an expensive one, tooMay 21, 2011 6:03 am - NEW YORK — Two leading makers of lighting products are showcasing LED bulbs that are bright enough to replace energy-guzzling 100-watt light bulbs set to disappear from ...
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French Finance Minister Christine Lagarde considered IMF front-runnerMay 20, 2011 12:00 am - Treasury Secretary Timothy F. Geithner said the U.S. will support a successor to Dominique Strauss-Kahn at the International Monetary Fund who can command “broad support...
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Fila, investors buying Titleist, FootjoyMay 20, 2011 12:00 am - The company behind Fila shoes and clothing is taking a swing at golf, forming a foursome to purchase the maker of Titleist golf balls and FootJoy shoes from liquor compa...
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Dollar gaining as investors eye Greece, SpainMay 19, 2011 11:00 pm - NEW YORK — Investor worries about economic conditions in Europe, particularly Greece and Spain, propelled the dollar higher Friday. In morning trading in New York Frida...
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California jobless rate dips below 12 percentMay 19, 2011 11:00 pm - SACRAMENTO, Calif. — California's unemployment rate has dropped below 12 percent for the first time since August 2009 — another positive sign for the nation's economy. ...
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Allstate to acquire Esurance, Answer FinancialMay 18, 2011 12:00 am - Northbrook insurance giant Allstate Corp. announced Wednesday that it will buy Esurance and Answer Financial for $700 million plus the tangible book value of the entitie...
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HP drags down Dow Jones industrial averageMay 16, 2011 11:00 pm - NEW YORK — Tech giant Hewlett Packard dragged the Dow Jones industrial average lower on Tuesday. Worries over the economic growth also weighed on stocks and drove bond y...
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Oil extends 2-week sell-offMay 16, 2011 11:00 pm - SINGAPORE — Oil prices fell below $97 a barrel Tuesday in Asia, extending a two-week fall amid investor concern slowing U.S. economic growth could undermine demand for c...
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Pressure builds on accused IMF chief to resignMay 16, 2011 11:00 pm - NEW YORK — Pressure built Tuesday for Dominique Strauss-Kahn to consider resigning as chief of the International Monetary Fund after he was charged with trying to rape ...
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Stocks reverse early losses as commodities riseMay 15, 2011 11:00 pm - NEW YORK — A bounce back in materials and financial companies erased early losses in the stock market Monday. Commodities like corn and cotton rose than 3 percent in mid...