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Posted: February 5th, 2008, 11:46pm EST
Congressional Democrats said they would not bow to pressure and simply make modest changes to the less expensive stimulus plan that was approved by the House last week.
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Posted: February 5th, 2008, 11:31pm EST
The diversified manufacturer said its fiscal first-quarter profit fell 54 percent from a year earlier, when it still owned its health care and electronics businesses.
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Posted: February 5th, 2008, 11:11pm EST
CBS plans to announce on Wednesday that it is trying one of the first serious experiments with cellphone advertising that is customized for a person’s location.
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Posted: February 5th, 2008, 10:56pm EST
Ritchie Capital will pay $40 million to settle investigations into its trading practices from 2001 to 2003, regulators and the company said.
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Posted: February 5th, 2008, 10:56pm EST
Hurt by the housing slump, the home mortgage lender said it lost $724 million in the fourth quarter.
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Posted: February 5th, 2008, 10:52pm EST
The editor of Vanity Fair, Graydon Carter, said canceling its annual affair was the right thing to do, whether or not there was a breakthrough in the writers’ strike.
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Posted: February 5th, 2008, 10:45pm EST
The British oil giant said it would cut an additional 5,000 jobs by the middle of next year in an effort to slim management and make the company more efficient.
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Posted: February 5th, 2008, 7:56pm EST
The Whirlpool Corporation said its fourth-quarter profit climbed 72 percent, helped by its acquisition of Maytag, an improved product mix and the weak dollar.
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Posted: February 5th, 2008, 12:10pm EST
Shares plunged after a service-sector report provided another signal that the U.S. may be in the early stages of a recession.
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Posted: February 5th, 2008, 11:56am EST
The company’s residential lending division, Residential Capital, lost $921 million during the quarter because of continued deterioration in the housing market.
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Posted: February 5th, 2008, 11:40am EST
The diversified manufacturer said second-quarter profit tumbled 67 percent from the same period a year ago, when it had substantial profits from now-discontinued operations.
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Posted: February 5th, 2008, 11:15am EST
Société Générale encouraged a culture of risk, enabling rogue trader Jérôme Kerviel’s activities to go undetected, according to bank officials.
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Posted: February 5th, 2008, 11:12am EST
With Microsoft hoping to buy Yahoo, Google has begun to lay the groundwork to try to delay or derail any deal.
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Posted: February 5th, 2008, 11:09am EST
With a lift from the falling dollar and better-than-expected sales in several divisions, the company has delivered a pleasant earnings surprise to its long-suffering shareholders.
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Posted: February 5th, 2008, 10:21am EST
Quarterly profit rose 72 percent as strong international sales and savings from the Maytag acquisition offset a drop in U.S. demand at the appliance maker.
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Posted: February 5th, 2008, 10:16am EST
A former Credit Suisse banker accused of leaking confidential information about several major deals was convicted in Federal District Court in Manhattan.
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Posted: February 5th, 2008, 10:14am EST
As it tries to overtake General Motors as the leading global automaker by sales, Toyota’s strategy of shifting its focus to emerging markets from the United States appears to be paying off.
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Posted: February 5th, 2008, 10:00am EST
Fourth-quarter earnings dropped 30 percent to $128.9 million on restructuring and other charges, but the results still beat analysts’ estimates.
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Posted: February 5th, 2008, 9:55am EST
The trans-Atlantic stock exchange operator said it earned $230 million in the first quarter, reflecting the addition of Euronext’s activities to those of the parent of the New York Stock Exchange.
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Posted: February 5th, 2008, 8:56am EST
The E.U.’s decision to ban Brazilian beef imports is “unjustifiable and arbitrary” and could result in shortages and higher prices for European consumers, officials and agricultural specialists say.
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Posted: February 5th, 2008, 8:29am EST
Surging oil prices fueled the quarterly results, but full-year profit fell due to refining outages and rising costs.
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Posted: February 5th, 2008, 8:06am EST
Analysts say a shift toward thrift could have huge implications for an economy driven largely by consumer spending.
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Posted: February 5th, 2008, 2:28am EST
Trans-Atlantic business-class fares are about to become even more complicated as competition grows and demand holds up.
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Posted: February 5th, 2008, 2:10am EST
The Internet, digital video recorders, mobile devices and other technologies are giving a strong postgame presence to the annual roster of Super Bowl commercials.
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Posted: February 5th, 2008, 1:46am EST
In a letter outlining Microsoft’s hopes to Yahoo C.E.O. Jerry Yang, Microsoft C.E.O. Steven Ballmer followed a storied tradition on Wall Street: the bear hug letter.
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Posted: February 5th, 2008, 1:37am EST
Some experts fear that a boom in gas demand for electricity generation will send prices even higher.
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Posted: February 5th, 2008, 1:33am EST
Thirteen years after acquiring Bauer, and making bold promises that it would transform the business of hockey, Nike has put its Nike Bauer unit up for sale.
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Posted: February 5th, 2008, 1:20am EST
A move by China in a possible mining deal could sharply increase the price of what would be one of the biggest mergers in corporate history.
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Posted: February 5th, 2008, 1:11am EST
Orders placed with factories rose 2.3 percent in December, an increase from the 1.7 percent gain in November and the biggest rise since July.
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Posted: February 5th, 2008, 1:05am EST
The strong quarter capped a record-breaking 2007 for Humana in membership, revenue and profit, eclipsing previous highs set in 2006.
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Posted: February 5th, 2008, 1:05am EST
The Clorox Company, the consumer products maker, posted a lower quarterly profit on Monday, hurt by rising costs for raw materials but helped by a lower tax rate.
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Posted: February 5th, 2008, 1:05am EST
Oilseed-processing and rising demand for feed grains offset declining margins in the food-processing company’s ethanol business.
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Posted: February 5th, 2008, 1:04am EST
A bankruptcy judge has authorized the all-business-class airline to auction itself under conditions that have raised the concerns of the federal official monitoring the case.
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Posted: February 5th, 2008, 1:04am EST
The hamburger chain Wendy’s International said that fourth-quarter earnings more than quadrupled from a year ago, but it fell short of Wall Street expectations.
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Posted: February 5th, 2008, 12:56am EST
Facing accusations of price gouging, insurance company executives said that they had been forced to raise rates to offset losses and prepare for the possibility of more frequent hurricanes in the future.
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Posted: February 5th, 2008, 12:07am EST
The New Jersey attorney general’s office issued subpoenas Monday to two companies involved in the development of the Prodisc, an artificial spinal disk for the lower back.
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Posted: February 5th, 2008, 12:03am EST
Wall Street retrenched Monday, closing substantially lower as investors cashed in profits from the market’s best week in nearly five years.
