Business News
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New US home sales edged down 0.3 percent in August
Tweet Share on Facebook 12:12PM September 26, 2012 CommentWASHINGTON (AP) — Sales of new homes in the United States dipped slightly in August from July but the median price of homes sold during the month rose by a record amount.
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Fewer US CEOs planning to expand, hire
Tweet Share on Facebook 12:09PM September 26, 2012 CommentWASHINGTON (AP) — A survey of U.S. chief executives shows a sharp drop in the number of large companies that plan to add jobs or hire more workers.
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Column: Recession unleashes pain on Spanish sport
Tweet Share on Facebook 11:46AM September 26, 2012 CommentPARIS (AP) — With its array of courses and short-sleeves climate, Spain made a natural home for professional golf. In 2011, the land of Seve Ballesteros hosted seven European Tour tournaments, more than any other country.
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Glance: A look at how the Nook HD stacks up
Tweet Share on Facebook 11:44AM September 26, 2012 CommentA look at some of the hardware specs for Barnes & Noble's new Nook HD and HD+ tablets, compared with Amazon.com's new Kindle Fire and Apple's iPad3.
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American Greetings gets offer to go private
Tweet Share on Facebook 11:31AM September 26, 2012 CommentCLEVELAND (AP) — American Greetings Corp. said Wednesday that a group led by its CEO and chief operating officer wants to buy the company and take it private in a deal that values it at about $581 million.
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Hungarian opposition radio wins court case
Tweet Share on Facebook 11:14AM September 26, 2012 CommentBUDAPEST, Hungary (AP) — An opposition radio station in Hungary won a court ruling Wednesday in its bid for a broadcast license, but that was still no guarantee it could survive government efforts to control the media.
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US stocks down on Europe unrest, weaker home sales
Tweet Share on Facebook 11:08AM September 26, 2012 CommentA mixed report on the U.S. housing market conspired with unrest in Europe to pull U.S. stocks lower Wednesday. Other risky assets, like European stocks and oil, fell more sharply.
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Qatar natural gas firm to send more fuel to Japan
Tweet Share on Facebook 10:16AM September 26, 2012 CommentDUBAI, United Arab Emirates (AP) — Qatari state-backed natural gas producer Qatargas says it has signed a long-term supply deal with a Japanese power company as the Asian nation increasingly relies on fossil fuels after a nuclear meltdown last year.
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Barnes & Noble Launches New Nook HD
Tweet Share on Facebook 9:42AM September 26, 2012 CommentBarnes & Noble is rolling out two new versions of its Nook tablet with sleek new hardware and a sharper high-definition screen. The bookseller's move heightens the already intense tablet wars heading into the holiday season.
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Stocks open mixed amid instability in Europe
Tweet Share on Facebook 9:33AM September 26, 2012 CommentNEW YORK (AP) — It's a mixed open on Wall Street as investors keep an eye on a devolving situation in Europe.
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US futures dip as European situation deteriorates
Tweet Share on Facebook 8:44AM September 26, 2012 CommentNEW YORK (AP) — U.S. stock futures slid Wednesday as the European economic crisis devolved into social unrest in the most vulnerable countries, such as Greece and Spain.
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Former Murdoch tabloid journalists face charges
Tweet Share on Facebook 8:21AM September 26, 2012 CommentLONDON (AP) — Rebekah Brooks, the former chief of News Corp.'s British newspapers, and Andy Coulson, the ex-communications chief for Prime Minister David Cameron, will face trial next September over allegations linked to phone hacking.
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German debt auction uncovered due to weak demand
Tweet Share on Facebook 7:27AM September 26, 2012 CommentBERLIN (AP) — Germany's debt agency says an auction of the country's benchmark 10-year bonds did not receive sufficient bids due to a "very volatile market environment" and as investors balked at the record-low yields.
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Poland's unemployment rises to 12.4 pct in August
Tweet Share on Facebook 6:57AM September 26, 2012 CommentWARSAW, Poland (AP) — Government figures show that Poland's jobless rate rose to 12.4 percent at the end of August from 12.3 percent in July, as the economy shows signs of a slowdown.
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Spain counts cost of anti-austerity protest
Tweet Share on Facebook 6:24AM September 26, 2012 CommentMADRID (AP) — The Bank of Spain warned Wednesday that the country is in a deep recession, a day after clashes in Madrid between protesters and the police led to 38 people arrested and 64 injured.
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Qatar dismisses talk of Brazilian gold miner bid
Tweet Share on Facebook 5:15AM September 26, 2012 CommentDUBAI, United Arab Emirates (AP) — The investment arm of Qatar's sovereign wealth fund is refuting media reports that it is in talks to buy a major stake in a Brazilian gold producer.
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Economic trend lines, for now, favoring Obama
Tweet Share on Facebook 3:16AM September 26, 2012 CommentWASHINGTON (AP) — For the past year, as the presidential election unfolded, President Barack Obama confronted a dizzying swell of economic news — hiring up, hiring down, a euro crisis abroad, seesawing gasoline prices at the pump, foreclosures dragging down home values.
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Report: More Fees, Less Choice for Air Travelers
Tweet Share on Facebook 11:13PM September 25, 2012 Comment
Mesa Air — 20 Companies That Cratered in 2010
WASHINGTON (AP) — Airline passengers can expect fewer carriers to choose from, fewer flights to smaller cities and more baggage and other fees as the industry continues to grapple with high fuel prices and a weak economy, according to a government report released Tuesday.
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Asian stocks fall as growth pessimism mounts
Tweet Share on Facebook 10:36PM September 25, 2012 CommentTOKYO (AP) — Asian stock markets fell Wednesday after the worst sell-off in three months on Wall Street as pessimism about world growth spread across the Pacific.
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California Governor Signs Driverless Cars Bill
Tweet Share on Facebook 10:09PM September 25, 2012 Comment
Google's automated car driving around Washington, D.C. on Tuesday.
MOUNTAIN VIEW, Calif. (AP) — Gov. Jerry Brown rode to Google headquarters in a self-driving Toyota Prius before signing legislation Tuesday that will pave the way for driverless cars in California.
