Business News
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Yahoo CEO Adds Motherhood to List of Challenges
Tweet Share on Facebook 8:34PM October 01, 2012 Comment
Marissa Mayer and Zachery Bogue attend the Glamour Magazine 2009 Women of the Year Awards at Carnegie Hall in New York.
SAN FRANCISCO (AP) — Yahoo CEO Marissa Mayer gave birth to a boy late Sunday, adding motherhood to her challenges as she tries to steer the struggling Internet company in a new direction.
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American Airlines inspecting jets for loose seats
Tweet Share on Facebook 8:28PM October 01, 2012 CommentDALLAS (AP) — The federal government is examining two separate incidents in which passenger seats came loose midflight on American Airlines planes in the last three days.
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Red Lobster _ for the non-seafood lover in you
Tweet Share on Facebook 7:51PM October 01, 2012 CommentNEW YORK (AP) — Red Lobster isn't just for the seafood lover in you. It's also for that person in every group who just wants a chicken dish.
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How looming tax hikes would hit typical families
Tweet Share on Facebook 7:31PM October 01, 2012 CommentA variety of tax cuts enacted during the tenures of Presidents George W. Bush and Barack Obama expire at the end of December. Expiring provisions include Bush-era cuts on wage and investment income and cuts for married couples and families with children. Also expiring is a 2 percentage point temporary payroll tax cut.
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Peanut butter recall includes major retailers
Tweet Share on Facebook 7:31PM October 01, 2012 CommentWASHINGTON (AP) — A recall of peanut butter and other nut products has some of the country's largest grocery stores pulling store-brand products off their shelves.
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Bernanke makes strong defense of Fed rate policies
Tweet Share on Facebook 6:34PM October 01, 2012 CommentWASHINGTON (AP) — Chairman Ben Bernanke offered a wide-ranging defense Monday of the Federal Reserve's aggressive policies to stimulate the still-weak economy.
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Court seems unclear on house versus boat question
Tweet Share on Facebook 6:21PM October 01, 2012 CommentWASHINGTON (AP) — Is it a house or a boat? Does a coffee mug float? The Supreme Court struggled with all types of questions Monday as it tried to figure out what kind of floating structures fall under maritime law, a question that could have a profound impact on popular businesses like floating casinos, hotels and restaurants.
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Honda recalls 600,000 Accords to fix faulty hoses
Tweet Share on Facebook 5:57PM October 01, 2012 CommentDETROIT (AP) — Honda is recalling 600,000 Accord midsize cars in the U.S. and Canada to fix a faulty power steering hose that can leak fluid and cause a fire.
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Stocks rise following expansion in manufacturing
Tweet Share on Facebook 5:33PM October 01, 2012 CommentU.S. stocks mostly rose on Monday as growth in manufacturing provided more evidence that the economy may be picking up, or at least not getting any worse.
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Amex paying $112.5M in late-fee settlements
Tweet Share on Facebook 3:40PM October 01, 2012 CommentWASHINGTON (AP) — American Express Co. is paying $112.5 million in refunds and fines to settle regulators' accusations that it charged unlawful late fees and deceived customers to pressure them to pay off old debts or buy extra credit card services.
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Oil closes higher after US manufacturing report
Tweet Share on Facebook 3:30PM October 01, 2012 CommentNEW YORK (AP) — The price of oil finished higher Monday after a report showed U.S. manufacturing activity rose in September for the first time in four months.
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Rare labor petition in Iran shows economic alarm
Tweet Share on Facebook 2:38PM October 01, 2012 CommentTEHRAN, Iran (AP) — For weeks, a manifesto complaining about Iran's stumbling economy circulated in secret among factories and workshops. Organizers asked for signatures and the pages began to fill up.
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Washington Post buying bulk of Celtic Healthcare
Tweet Share on Facebook 2:17PM October 01, 2012 CommentWASHINGTON (AP) — The Washington Post Co. is getting into the health care business with the purchase of a majority stake in Celtic Healthcare Inc., a provider of home health care and hospice services.
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Barron's upbeat on Goldman, predicts stock gains
Tweet Share on Facebook 2:10PM October 01, 2012 CommentNEW YORK (AP) — Shares of Goldman Sachs Monday after an article posted on the website of Barron's magazine predicted that the investment bank's stock could climb at least 25 percent over the next year.
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Russia pushes Facebook to open research center
Tweet Share on Facebook 1:49PM October 01, 2012 CommentMOSCOW (AP) — Facebook head Mark Zuckerberg was in Moscow on Monday, where top officials were pressing him to expand the company's operations in Russia.
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Ikea deleted women from Saudi version of catalog
Tweet Share on Facebook 1:34PM October 01, 2012 CommentSTOCKHOLM (AP) — Ikea is being criticized for deleting images of women from the Saudi version of its furniture catalog, a move the company says it regrets.
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Xstrata board recommends Glencore merger
Tweet Share on Facebook 1:22PM October 01, 2012 CommentLONDON (AP) — The board of Anglo-Swiss mining company Xstrata PLC said Monday it is recommending shareholders accept merger terms with Swiss commodities trader Glencore PLC — a deal that would create an industry behemoth with revenues of around $175 billion.
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US manufacturing grows for 1st time in 4 months
Tweet Share on Facebook 1:21PM October 01, 2012 CommentWASHINGTON (AP) — U.S. manufacturing grew for the first time in four months, buoyed by a jump in new orders and more jobs. The increase is a hopeful sign that the economy may be improving after a weak stretch.
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Fashion show canceled after collection is lost
Tweet Share on Facebook 1:19PM October 01, 2012 CommentPARIS (AP) — There's going to be a one-hour hole in the normally tight Paris Fashion Week calendar, after representatives of label Hakaan said its entire collection had been lost.
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Merkel challenger blasts German-Swiss tax deal
Tweet Share on Facebook 1:02PM October 01, 2012 CommentBERLIN (AP) — Switzerland's efforts to safeguard what remains of its banking secrecy came under fire Monday from the man who hopes to unseat Chancellor Angela Merkel in next year's German elections.
