44 seconds ago 2009-11-23T04:57:03-08:00
Business
Reuters
Economic survey: Job losses to bottom out in 1Q
AP – 38 mins agoEconomists 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. Full Story »
Late payments on credit cards drop in 3rd quarter
AP – Mon Nov 23, 12:41 am ETBusiness Slideshows
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World markets rally as gold hits new record high
AP – 1 hr 18 mins agoLONDON - World markets rose sharply Monday amid further hopeful signs about the economic recovery. Commodity stocks led the charge, particularly in London, after gold hit another record high amid renewed dollar weakness. Full Story »
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Tyson Foods loses money in 4th quarter on charge
AP – 3 mins agoSPRINGDALE, Ark. - Tyson Foods, the world's largest meat producer, lost money in its fiscal fourth quarter primarily on a hefty goodwill impairment charge. Full Story »
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New questions arise in Pequot trading probe
AP – Fri Nov 20, 3:57 pm ETWASHINGTON - A new development related to the government's investigation of possible insider trading at a major hedge fund has raised questions in the case and caught the attention of two key senators. Full Story »
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Pistols, Tasers, assault rifles sell fast at US show
AFP – Sun Nov 22, 3:23 am ETCHANTILLY, Virginia (AFP) - Recession-stoked fears of rising crime and tougher gun laws under a Democratic government are sending US gun sales sky high, and big crowds at the Chantilly Gun Show this weekend proved it once again. Full Story »
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Tyson Foods profit beats estimates
Reuters – 9 mins agoNEW YORK (Reuters) - Tyson Foods Inc reported a higher-than-expected quarterly profit on Monday, boosted by the performance of its beef, pork and prepared foods businesses. Full Story »
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Romania's president, rival in runoff election
AP – 19 mins agoBUCHAREST, Romania - Romania's centrist president will face a socialist former foreign minister in a Dec. 6 runoff election, partial results showed Monday, in a race key to helping the country emerge from a political and economic crisis. Full Story »
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New Hampshire AG seeks bankruptcy for mortgage co.
AP – Fri Nov 20, 5:59 pm ETCONCORD, N.H. - The New Hampshire attorney general's office wants to force a mortgage company that closed suddenly into bankruptcy. Full Story »
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"Black Friday" deals may not signal retail comeback
Reuters – Mon Nov 23, 12:31 am ETCHICAGO (Reuters) - When the U.S. holiday shopping season kicks off on the day after Thanksgiving, retailers can expect to see millions of less frightened, but even more bargain-hungry customers cross their thresholds. Full Story »
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Home sales likely rose again in October
AP – 57 mins agoWASHINGTON - Home resales for October are projected to rise to the highest level in more than two years as first-time buyers, anticipating that a tax credit would soon expire, rushed to beat the clock. Full Story »
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Oil prices jump as dollar weakens
AFP – 13 mins agoLONDON (AFP) - Oil prices rose sharply on Monday as a weaker dollar helped boost demand for the commodity. Full Story »
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Ohio AG sues credit agencies for public pensions
AP – Fri Nov 20, 3:07 pm ETCOLUMBUS, Ohio - The three major credit ratings agencies gave mortgage-backed securities unjustifiably high ratings in return for lucrative fees, losing at least $457 million for five Ohio public employee pension and retirement funds, the state's attorney general alleged in a lawsuit filed Friday. Full Story »
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D.R. Horton sees 26 perecent spike in 4Q orders
AP – Fri Nov 20, 5:20 pm ETHomebuilder D.R. Horton Inc., saw new home orders spike 26 percent from a year ago in the latest quarter as buyers raced to close deals and take advantage of a federal tax credit. But a wider-than-anticipated loss fueled by write-downs sent shares tumbling more than 15 percent Friday. Full Story »
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Warming Signs in U.K. Commercial Property
BusinessWeek – Fri Nov 20, 8:08 am ETAbout a year ago, observers of the UK commercial property market would not have been shocked to see the Four Horsemen of the Apocalypse riding around the corner. Full Story »
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World News
21 Filipinos killed on way to file election papers
AP – 34 mins agoPhilippine troops found 21 bodies in the country's restive south after dozens of gunmen on Monday hijacked a convoy of politicians and supporters filing their nominations for next year's elections, officials said. Full Story »
Technology News
Newspaper circulation may be worse than it looks
AP – Mon Nov 23, 12:00 am ETWhile U.S. newspapers are losing subscribers at a staggering rate, a few dailies stand out because their circulation is rising. But they aren't necessarily selling more copies. Full Story »
Science News
Astronaut suit problem delays spacewalk No. 3
AP – 24 mins agoThe third and final spacewalk of space shuttle Atlantis' mission is being held up by a suit problem. Full Story »
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