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| Business News: CBSNews.com |
| Many Retailers See Sluggish August Sales Thu, 04 Sep 2008 15:00:05 EDT Many of the nation's retailers struggled with a sluggish back-to-school season, though Wal-Mart posted higher August sales as shoppers focused on buying essentials amid worries about high gas and food prices. |
| Streak Of Unemployment Claims Decline Ends Thu, 04 Sep 2008 11:00:04 EDT The number of newly laid off workers seeking unemployment benefits jumped unexpectedly last week, the U.S. government said, reversing three weeks of declines. The increase indicates that the slowing economy is taking its toll on the job market. |
| Wall Street Takes A Nosedive Fri, 05 Sep 2008 00:30:05 EDT Wall Street plunged sending the Dow Jones industrials down more than 340 points as retailers and the Labor Department added to the mountain of dismal economic news that has all but dashed investors' hopes for a late-year recovery. |
| Boeing Workers Vote To Strike In 2 Days Thu, 04 Sep 2008 10:00:04 EDT Boeing Co. aircraft assembly workers have voted overwhelming to reject the company's contract offer and strike for an unprecedented second time in three years, but they're giving management 48 hours to strike a new deal. |
| Ford, Toyota Report Big U.S. Sales Drops Wed, 03 Sep 2008 15:00:04 EDT Ford Motor Co. said its U.S. sales fell 26.5 percent in August, as the struggling automaker's results - even worse than July's dismal figures - showed that the U.S. auto sales slump may not have bottomed out. |
| Money Woes Won't Let Up, Consumers Jittery Wed, 03 Sep 2008 16:00:06 EDT The nation struggled with slow economic growth and still-high prices that are weighing on consumers and businesses alike as the race for the White House kicks into high gear. |
| Sony Recalls Laptops Over Wiring Flaw Thu, 04 Sep 2008 10:00:04 EDT Sony says it is recalling 440,000 Vaio laptop computers worldwide due to a wiring flaw that could cause overheating. |
| Retailers Slash Prices, But At What Cost? Wed, 03 Sep 2008 10:30:04 EDT In a bid to pull hesitant shoppers into their stores, retailers are slashing prices on everything from jeans to dinnerware. But those fat discounts will likely come at a big cost for the companies. |
| Coke Offers $2.5B To Buy China Juice Maker Wed, 03 Sep 2008 10:00:03 EDT The Coca-Cola Co., the world's biggest beverage company, moved to expand its operations in the fast-growing Chinese market Wednesday with a $2.5 billion bid for major juicemaker China Huiyuan Juice Group Ltd. |
| Russia, Uzbekistan Strike Energy Deal Tue, 02 Sep 2008 14:30:04 EDT Russia and Uzbekistan plan to build a new natural gas pipeline across Uzbekistan, strengthening Russia's bid to establish control over Central Asian gas exports to the West. |
| New eBay Site Strives For "World Of Good" Wed, 03 Sep 2008 11:00:03 EDT The online auction operator eBay is launching WorldofGood.com, a Web site to sell goods produced with social and environmental goals in mind. |
| Oil Industry Tallies Up Damage From Gustav Tue, 02 Sep 2008 13:30:04 EDT Oil companies, rig and pipeline owners and refiners spread out across the Gulf Coast to look for damage from Hurricane Gustav, and some were already putting equipment and people back in place to resume operations. |
| Advice On Buying A Business Wed, 03 Sep 2008 05:53:11 EDT Buying a business is a decision full of complexity and room for error. That's why it should not be taken lightly. Here are some basic guidelines to keep in mind when you embark on the process. |
| Want A Raise? Merit Pay May Be Only Way Tue, 02 Sep 2008 09:30:03 EDT U.S. workers can expect skimpy raises in their base salaries next year, but top performers may still fatten their paychecks with merit compensation. |
| Laboring Longer A Growing Trend In U.S. Mon, 01 Sep 2008 13:00:05 EDT Americans are changing the game plan for retirement, with millions laboring right past the traditional retirement age and working into their late 60s and beyond. |
| Google Web Browser "Chrome" Debuts Tue, 02 Sep 2008 17:30:05 EDT Google Inc. is releasing its own Web browser in a long-anticipated move aimed at countering the dominance of Microsoft Corp.'s Internet Explorer and ensuring easy access to its Internet-leading search engine. |
| Privacy Fears Deter ISP-Based Ad Targeting Tue, 02 Sep 2008 11:00:04 EDT By tracking their subscribers' personal Web surfing habits, ISPs could help deliver ads targeted to the consumers' interests. But those efforts to sniff out consumers' interests are running into privacy concerns. |
| Data: Workers Worse Off On Pay, Employment Mon, 01 Sep 2008 14:00:02 EDT This Labor Day finds workers in worse shape than they've been in years, according to a scorecard released Monday by Rutgers University. |
| Oil Down Sharply As Gustav Seen Weakening Mon, 01 Sep 2008 18:00:02 EDT Oil prices tumbled to $111 a barrel as Hurricane Gustav weakened along the Gulf Coast and posed less of a threat to oil drilling and refining operations. |
| Possible Fire Hazard Sparks Big GM Recall Fri, 29 Aug 2008 14:00:05 EDT General Motors Corp. said it was recalling 944,000 vehicles because of a problem with a windshield wiper fluid system that could lead to a fire. |
| Starbucks Rehires Pro-Union Worker Fri, 29 Aug 2008 14:30:06 EDT In a preliminary reinstatement agreement dated Aug. 14 obtained by The Associated Press, Starbucks said its firing of employee Erik Forman was "ill-considered and should be reversed." |
| Hundreds Stranded As Airline Shuts Down Fri, 29 Aug 2008 02:05:49 EDT Hundreds of passengers were left stranded in Canada and Britain when Zoom Airlines, a cash-strapped small Canadian carrier, shut down after creditors grounded its leased planes. |
| Exports Give U.S. Economy 2Q Spurt Thu, 28 Aug 2008 10:00:03 EDT After two dismal quarters, the U.S. economy shifted to a higher gear in the spring, growing at its fastest pace in nearly a year as foreign buyers snapped up U.S. exports and tax rebates spurred shoppers at home. |
| Apple's Reputation Untarnished By Mishaps Thu, 28 Aug 2008 18:30:04 EDT A string of mishaps like Apple has made with its products might throw another electronics company into crisis. But, even as iPhone griping rages, it seems Apple's sterling reputation will emerge untarnished. |
| Workers Not Confident In U.S. Job Market Thu, 28 Aug 2008 08:00:01 EDT American workers' confidence in the job market is as low as it was during the 2001 recession, according to a survey released. |
| Industry Groups Sue Over Polar Bear Rule Thu, 28 Aug 2008 21:00:05 EDT Groups representing the oil and gas, mining, and manufacturing industries asked a federal judge to ensure that laws protecting polar bears were not used to block projects in Alaska. |
| FDIC: Jump In Number of Troubled Banks Wed, 27 Aug 2008 08:30:03 EDT The number of troubled U.S. banks leaped to the highest level in about five years: 117. On average, 13 percent of banks that make the list fail. Meanwhile, bank profits plunged by 86 percent in the second quarter. |
| Bankruptcies Soar For Seniors, Study Finds Wed, 27 Aug 2008 20:00:02 EDT Medical problems are paired with an inability to work for an increasing number of seniors, prompting suffocating debt and eventual bankruptcy. |
| Speak English Or Take A Seat, LPGA Says Wed, 27 Aug 2008 11:30:03 EDT The LPGA will require players to speak English starting in 2009, with players who have been LPGA members for two years facing suspension if they can't pass an oral evaluation. The rule is effective immediately for new players. |
| Mattel Wins $100M In Copyright Lawsuit Tue, 26 Aug 2008 21:30:04 EDT A federal jury awarded Mattel Inc. $100 million in damages in a copyright lawsuit that pitted the house of Barbie against MGA Entertainment Inc., the maker of the saucy Bratz dolls. |
| Some Shops Reject Same-Sex Wedding Cards Tue, 26 Aug 2008 09:07:24 EDT A manager says seven Hallmark greeting card stores in Idaho will not carry the company's new same-sex marriage cards. |
| Housing Still Mired In Slump, Data Shows Tue, 26 Aug 2008 07:30:04 EDT Sales of existing homes rose 3.1 percent in July, surpassing expectations, as buyers snapped up deeply discounted properties in parts of the country hit hardest by the housing bust. |
| Transit Bottlenecks Derail Grain Exports Mon, 25 Aug 2008 09:00:04 EDT Across the country, wheat and corn are piled in towering mounds, waiting for a rail car to haul them to market. Bottlenecks in railways, highways and rivers are costing U.S. farmers, shippers and ultimately consumers millions of dollars a year. |
| Oil Prices Rise As Tropical Storm Forms Mon, 25 Aug 2008 16:30:05 EDT Oil prices ended a choppy session slightly higher, edging back above $115 a barrel after Tropical Storm Gustav formed in the Caribbean. |
| Alternatives To Cobra Insurance Cover Tue, 26 Aug 2008 05:00:16 EDT If you've recently lost your job, or are soon to be unemployed, you're going to want to know what your health insurance options are. |
| Automakers Seek $50B In Loans From U.S. Mon, 25 Aug 2008 09:00:04 EDT The auto industry wants help modernizing their assembly plants and developing next-generation fuel-efficient vehicles. |
| Fed: Financial Storm Still Taking Toll Fri, 22 Aug 2008 15:30:04 EDT Federal Reserve Chairman Ben Bernanke said the financial crisis that has pounded the U.S. - coupled with higher inflation - is taking a toll on the economy and poses a major challenge to Fed policymakers as they try to restore stability. |
| Wall Street Surges As Oil Retreats Fri, 22 Aug 2008 18:20:56 EDT Wall Street ended a mixed week that saw upbeat sentiment about falling oil prices and lingering concerns over weak credit markets and the economy. |
| Sour Inflation Notes Hit The Sweet Tooth Fri, 22 Aug 2008 12:16:51 EDT Mars, the maker of Snickers bars and M&Ms candies said it is raising wholesale prices more than 12 percent to offset the higher costs of raw materials, packaging and energy, the second major candy company in the past week to announce such a move. |
| Economy Languishes In Low Gear Thu, 21 Aug 2008 21:30:04 EDT The New York-based Conference Board said its monthly forecast of future economic activity fell 0.7 percent in July, its largest drop in a year. |
| Anxiety Over Fannie, Freddie Rescue Thu, 21 Aug 2008 16:30:03 EDT A government rescue of Fannie Mae and Freddie Mac could be costly for scores of investment, banking and insurance companies that hold billions in preferred shares of the mortgage finance giants. |
| Financial Mistakes New Parents Make Fri, 22 Aug 2008 04:47:07 EDT Babies come with a long laundry list of expenses. If not handled properly, these can become overwhelming or at least detrimental to your financial health. |
| Microsoft Taps Seinfeld As New Pitchman Thu, 21 Aug 2008 19:00:05 EDT Microsoft is trying to increase their cool quotient by placing comedian Jerry Seinfeld in ads with company chairman Bill Gates. Seinfeld will reportedly be paid $10 million. |
| Hallmark Introduces Gay Marriage Cards Thu, 21 Aug 2008 10:30:04 EDT The nation's largest greeting card company is rolling out same-sex wedding cards - featuring two tuxedos, overlapping hearts or intertwined flowers, with best wishes inside. "Two hearts. One promise," one says. |
| NFL Union Leader, Gene Upshaw, Dies Thu, 21 Aug 2008 11:00:04 EDT Gene Upshaw, the Hall of Fame guard who as union head helped get NFL players free agency and the riches that came with it, has died. He was 63. |
| Investor Support Of Climate Action Grows Wed, 20 Aug 2008 09:30:04 EDT Shareholder resolutions related to climate change more than doubled over the past five years. Moreover, the Boston-based coalition Ceres says support for those measures averaged more than 23 percent in 2008, a new high. |