The company revised its 2007 sales forecast lower for a third time this year because of price reductions and reduced orders.
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Data: Sep 14, 2007 Accesari: 0 Voturi: 0
The former Federal Reserve chairman said in a television interview that he was aware of subprime lending practices, but didn’t initially realize the harm they could do.
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Data: Sep 14, 2007 Accesari: 0 Voturi: 0
Non-customers will be assessed a $3 fee, instead of $2, at most of its ATMs nationwide.
Bank of America Corp. has raised surcharges for non-customers at most of its ATMs nationwide to $3 from $2.
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Data: Sep 14, 2007 Accesari: 0 Voturi: 0
U.S. stocks rose today after brokerages upgraded General Motors Corp. and Merck & Co. and McDonald's Corp. boosted its annual dividend by 50 percent.
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Mortgage lender Countrywide Financial Corp. said today that its bankers had agreed to provide the company with as much as $12 billion in additional loans, increasing its ability to weather the worst downturn in the history of the modern home-loan industry.
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Data: Sep 14, 2007 Accesari: 0 Voturi: 0
Contract talks between UAW and carmakers will have far-reaching effects on GM workers, people of Janesville
As the midnight Friday deadline for the United Auto Workers contract with the domestic carmakers draws near, assembly-line workers and retirees in this southern Wisconsin town sense they will give more than they get this time.
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Data: Sep 14, 2007 Accesari: 0 Voturi: 0
Stocks closed higher Thursday, as optimism swelled that the recent credit crunch was easing.
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Oil prices finished above $80 a barrel for the first time Thursday and gasoline prices rose as refiners reported production problems after Hurricane Humberto hit Texas.
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Bank of America Corp. has raised surcharges for noncustomers at most of its ATMs nationwide to $3 from $2.
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Data: Sep 14, 2007 Accesari: 0 Voturi: 0
Retail group John Lewis maintained its record as one of the high street's
strongest performers after a 50% leap in first-half profits today.
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Clearly the former Princeton professor is trying to make a clean break from the Greenspan tradition of never finding a crisis that didn't deserve a rate cut.
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Data: Sep 15, 2007 Accesari: 0 Voturi: 0
Here are four steps that advisers agree investors should take to ease their nerves about the economy.
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E. & J. Gallo Winery will release the brand "Martha Stewart Vintage" at the beginning of next year. A bottle will cost around $15.
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Data: Sep 15, 2007 Accesari: 0 Voturi: 0
According to a recent study by Visa USA, nearly half of all Americans "lose" $2,340 in cash each year.
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Data: Sep 15, 2007 Accesari: 0 Voturi: 0
Chrysler recalls 369,000 vehicles for error in the braking system.
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Data: Sep 15, 2007 Accesari: 1 Voturi: 0
The Canadian dollar continued its surge on global currency markets Friday, finishing above the 97-cent US level for the first time in more than 30 years.
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The average price of a resale home in Canada's major markets fell in August for the second month in a row amid slower sales, new figures show.
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Canadian Trading & Quotation System Inc. (CNQ) launched its Pure Trading alternative equity market Friday, executing trades in three stocks and introducing a new competitor for the Toronto Stock Exchange.
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Older Canadian cattle will once again be allowed into the American market, the U.S. government has announced, saying the risk of mad-cow disease from Canada is negligible.
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U.S. retail sales were up 0.3 per cent in August, just half of what economists had been projecting.
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In his long-awaited memoir, Alan Greenspan is harshly critical of Republicans for abandoning their principles on spending and deficits.
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Data: Sep 15, 2007 Accesari: 0 Voturi: 0
Ayn Rand’s “Atlas Shrugged,”a glorification of the right of individuals to live entirely for their own interest, influenced Alan Greenspan and others.
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Negotiators met past a midnight contract deadline as unions across the country prepared for a possible strike.
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Data: Sep 15, 2007 Accesari: 0 Voturi: 0
In the digital age, it’s growing increasingly difficult to hide dirty secrets from former spouses in divorce cases.
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Next week’s debt offering financing the purchase of the First Data Corporation is widely seen as an indicator of whether the credit markets have begun to thaw.
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As property prices drop, owners are going it alone or using alternative brokerages to avoid paying commissions. The savings can be big for those who have the time and energy to do it.
SELLERS
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The firm could sell the Cubs franchise in parts. Its quest for the highest bid may cause friction.
With Major League Baseball entering the final two weeks of the regular season, the bidding for the Chicago Cubs is about to move into the hardball stage.
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Data: Sep 15, 2007 Accesari: 0 Voturi: 0
-- Except for the cellphone hitched to his belt, 79-year-old Jose Joaquin da Silva Perdigao has been harvesting cork in Portugal's forests in much the same way for more than half a century. Today, three generations of the Perdigao family work among the giant oaks, peeling the spongy bark that makes cork.
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It's hit a new low against the euro, and importers and travelers are feeling the effects. Blame is laid on binge borrowing.
On his way to Italy this week, John Blount was dreading the message he'd have to give the artisans who make the pasta and tomato sauce his San Francisco company imports to the U.S.
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Northern Rock, caught in a credit crunch, receives emergency funding from the Bank of England.
-- Uneasy customers formed lines outside Britain's fifth-largest mortgage lender Friday after it had to ask the Bank of England for emergency funding because it had been hit hard by the credit crunch tied to the U.S. sub-prime mortgage crisis.
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In Sweden, use of snus pouch tobacco has replaced the smoking habit for a growing number of people, and U.S. cigarette-makers are dipping into the product
Freddie Edlund started snusing when he was 7.
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Data: Sep 15, 2007 Accesari: 0 Voturi: 0
Negotiators for the United Auto Workers and General Motors Corp. ended a marathon bargaining session early Saturday, more than four hours after their contract was set to expire.
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Data: Sep 15, 2007 Accesari: 0 Voturi: 0
K eep the wolf away from the door.
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Stocks mixed up in subprime fallout still carry value, now at a premium price
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Data: Sep 15, 2007 Accesari: 0 Voturi: 0
Here's the question every non-iPhone owner always asks: Is it worth it? I've struggled for an answer since the day Apple Inc. put the iPhone on the market. Now, thanks to a $200 price cut, I have one:
10 THINGS I LOVE 1 The "Notes" function. I used it to write this list, then e-mailed it to the office with the flick of a finger.
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Data: Sep 15, 2007 Accesari: 0 Voturi: 0