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Past Editions of News:
News For Sunday Nov 29, 2009 News For Sunday Nov 29, 2009
Whitman tries courting women in Calif. gov race 11:04

As Meg Whitman has been introducing herself to California voters, she retells a line that usually generates a chuckle: "The next governor of California needs to know exactly what SHE believes." The statement conveys...

Police: Blaze in NY Walmart's Xmas-tree section 9:17

Police say a fire has broken out among Christmas trees for sale outside a Walmart on New York's Long Island during a busy holiday shopping weekend. Nassau County police say in a statement that the blaze was reported...

Administration plans new efforts on foreclosures 8:06

The Obama administration, battling a foreclosure crisis that shows no signs of relenting, will step up pressure on mortgage companies to do more to help people remain in their homes, officials said Saturday. The...

Geneva: Police use tear gas on WTO protest 7:53

Police fired tear gas and rubber bullets Saturday to separate violent demonstrators from a protest of a meeting of top world trade officials, but the hooded "black bloc" activists were able to cause damage before 14...

Black Friday store spending edges up; online soars 5:28

Shoppers who endured long lines and sometimes-frigid temperatures spent only slightly more during their Black Friday shopping sprees than they did last year, according to data released Saturday by a research firm. At...

Bernanke makes case for strong Fed role on banks 3:18

The chairman of the Federal Reserve is concerned that congressional efforts at financial reform could weaken the central bank's ability to handle future crises and may politicize monetary policy. Fed Chairman Ben S....

GM says production at Ohio plant to end Jan. 29 1:14

General Motors Co. says production at a stamping plant in Ohio is expected to end Jan. 29. The Detroit-based company announced in May that it would shutter the Mansfield/Ontario Metal Center plant. Since then, about...

US pay czar OKs changes for 2 top BofA executives 11:26

Bailed-out Bank of America amended the salaries of two senior executives after a review by the White House pay czar, according to a regulatory filing. Chief Financial Officer Joe. L. Price and mortgage unit President...

Hotel owners, like home owners, behind on payments 10:05

Like many home owners, hotels are starting to drown in debt. They have been enticing travelers all year with sweet deals: credits for in-house spas and restaurants, up to 50 percent off five-star rooms, even free...

Whitman tries courting women in Calif. gov race 10:01

As Meg Whitman has been introducing herself to California voters, she retells a line that usually generates a chuckle: "The next governor of California needs to know exactly what SHE believes." The statement conveys...

Signs of life in stores as holiday shopping begins 1:54

The nation's shoppers took advantage of deals on toys and TVs with some renewed vigor in stores and online on Black Friday after a year of concentrating their spending on basic necessities. Though the first numbers...

Dubai crisis jolts markets, but early fears ease 11:45

Dubai's debt crisis rattled world financial markets Friday, raising concerns that some banks could further tighten lending and stall the global economic recovery. The possible spillover effects centered on fears that...

Albuquerque company wins $32.5M spaceport contract 11:02

A $32.5 million contract to build Spaceport America's terminal and hangar facility has been awarded to a New Mexico firm. New Mexico Spaceport Authority executive director Steve Landeene says the bid award to Summit...

FAA transcripts show efforts to reach Flight 188 10:49

After a Northwest Airlines plane flew past Minneapolis last month, air traffic controllers asked the pilots repeatedly for explanations about why they didn't heed radio calls, according to transcripts released on...

DA: Walmart peaceful year after deadly NY stampede 7:52

Crowd control at all Walmart stores in New York appeared to be smooth Friday, a year after a security guard was crushed to death by a stampede of shoppers. Nassau County District Attorney Kathleen Rice said her office...

In Greenland, warming fuels dream of hidden wealth 7:33

Gert Ignatiussen returns to this fjord-front Inuit town with the spoils of his hunting trip. Six seals, all killed with a single shot to the head. With nimble handwork, his wife Bartholine cuts them up on the porch of...

Clock is ticking on 2010 health care plan choices 6:45

The holidays may be starting to crowd your to-do list, but one thing you shouldn't let get buried under the tinsel is your health insurance coverage. Open enrollment period, the annual window when people get to update...

Fed lending for emergency bank loans rises a bit 6:11

Banks borrowed slightly more from the Federal Reserve's emergency lending program over the past week. The Fed said Friday that commercial banks averaged $19.9 billion in daily borrowing over the week that ended...

NYC mayor spent a record $102M to win a 3rd term 5:57

Mayor Michael Bloomberg spent at least $102 million to narrowly win a third term, breaking his previous records for the most expensive self-financed political bid in U.S. history, according to a report released Friday...

Moody's: No immediate ratings changes on UAE banks 5:37

Moody's Investor Service said Friday that ratings on banks in the United Arab Emirates were already on review, and that no immediate downgrades are expected in light of Dubai's debt crisis. The banks with significant...

Business Highlights 5:26

Signs of life in stores as holiday shopping begins The nation's shoppers took advantage of deals on toys and TVs with some renewed vigor in stores and online on Black Friday after a year of concentrating their spending...

Commodity prices fall as Dubai fears boost dollar 5:03

Gold prices fell for the first time in 10 days and oil slid as jitters over debt problems in the Middle Eastern city of Dubai drove the dollar higher and pounded stocks. Investors grew worried this week that the...

Canada high court rules for Wal-Mart in union case 4:55

The Supreme Court of Canada said Friday that Wal-Mart Stores Inc. was entitled to close a store in Quebec in 2005, seven months after workers voted to become the first Walmart store in North America to unionize. The...

Stocks slide on concerns about Dubai debt fallout 4:54

This was the sideswipe investors had feared. The stock market is in the middle of one of the great rallies of a generation, but for weeks there has been a nagging fear that bad news was never far off. The news came...

Treasurys rally amid concern about Dubai debt 4:51

Treasury prices rallied in holiday-shortened trading Friday as investors flocked to the safety of government-backed debt amid concern about financial trouble in Dubai. Investors worried a global economic recovery would...

Dollar touches low against yen amid Dubai crisis 4:48

The dollar fell briefly to its lowest level in 14 years against the Japanese yen Friday but rallied against the euro and other currencies as Dubai's debt problems roiled currency markets. Analysts said they expected...

How the major stock indexes fared on Friday 4:41

Stocks tumbled Friday as investors worried that a government-backed investment company in Dubai risked defaulting on $60 billion in debt. The fears ripped through world markets and served as a reminder of how fragile...

New Detroit newspaper on hold during first week 4:23

A new Detroit-area newspaper says it will stop publishing until after Jan. 1. The Detroit Daily Press hit the streets Monday, and home delivery was planned for next week. But on its Facebook page, the paper said...

NY officials: Shop smart, be aware of fine print 4:02

As New Yorkers load up their shopping bags and click through their favorite online stores, state officials are warning consumers to be cautious during the post-Thanksgiving shopping rush. The state Consumer Protection...

Aerial-gunning foes ask Obama to ban practice 4:01

A wildlife advocacy group Friday asked President Barack Obama to end aerial gunning of coyotes and other predators, citing an Idaho incident where a shotgun-wielding parachutist illegally fired on a wolf. New...

New Jersey stares at worsening budget deficit 4:00

New Jersey is about to wield a budget ax again on programs and services as tax revenues continue to take a beating. Gov. Jon Corzine expects department heads to identify $400 million in spending cuts by Tuesday. ...

Agriculture futures trade mixed on the CBOT 3:56

Agriculture futures were mixed Friday on the Chicago Board of Trade. Wheat for March delivery fell 1.75 cents to $5.6975 a bushel, while March corn jumped 5.5 cents to $4.135 a bushel and oats for March delivery lost 3...

RI House holds forum on dire state economy 3:45

Nearly three years after jobs started vanishing in Rhode Island at an alarming pace, House lawmakers will gather Tuesday for their first forum on one of the worst recessions since the Great Depression. The meeting...

Mich. fisherman sues state to keep, sell walleye 3:26

One of Michigan's most successful commercial fishermen is suing the state to try to overcome a decades-old ban on catching walleye in the Great Lakes. Dana Serafin of Pinconning is forced to release thousands of...

Real Black Friday as stores lose power at NJ mall 3:24

Black Friday began truly black at one New Jersey Mall. Customers at the Radio Shack store in the Bridgewater Commons Mall used flashlights to search for high-tech bargains as a power outage affected several stores...

Oneida Nation pays $5M in bonuses to workers 2:55

The Oneida Indian Nation has paid more than $5 million in bonuses split among almost all of its 4,800 employees. That's $400,000 more than last year. The Oneidas say business has been good and its Turning Stone Resort...

NY toughens penalties for employer retaliation 2:51

Workers who want to report they've been underpaid or mistreated on the job are getting stronger protection against retaliation by their employers under a new state law that goes into effect this week. The law toughens...

New Jersey lawmaker pushing for windmills on piers 2:35

One New Jersey lawmaker wants to add a new attraction to amusement parks along the Jersey shore: windmills. State Sen. Jeff Van Drew is pushing to change state regulations to allow the construction of power-generating...

Saab: New buyers emerge after Koenigsegg collapse 2:31

A spokeswoman for General Motors' Saab unit says several potential buyers have expressed interest in the Swedish brand after specialty car maker pulled out of a deal to acquire it. On Tuesday, a group led by Sweden's...

Personal finance books for kids, teens and adults 2:30

The approach of a new decade means a chance for a fresh start with your financial habits. Maybe your loved ones could use a nudge in that direction, too. Either way, it's time to cast out any idea that books about...

Mont. historians seeks to recognize 100-year farms 2:26

For 100 years Henry Armstrong's family has farmed the same patch of central Montana land, hanging on through the Depression, low wheat prices and the ever-present risk that the next generation would move on. Armstrong,...

Scuffling customers close S. California Wal-Mart 2:21

Police say a Wal-Mart store in Southern California closed its doors for several hours before dawn after some Black Friday shoppers began fighting over bargain merchandise. Lt. Jim Etchason says officers in Upland,...

Education salaries grow $8M in La.'s ed department 2:13

Salary costs have jumped in Louisiana's education department, even as the number of full-time employees dropped, and the number of people drawing six-figure paychecks has more than doubled in the two years since Paul...

Crude prices fall on Dubai debt jitters 2:13

Shades of the roiling energy markets that were set off last year by the crisis on Wall Street emerged again Friday with crude seeing the largest percentage drop in prices since January. The sell-off this time followed...

Starent to settle lawsuit over Cisco deal 2:07

Starent Networks Corp., a maker of equipment for wireless networks, Friday said it had agreed to settle a shareholder lawsuit over its pending acquisition by Cisco Systems Inc. Tewksbury-based Starent has agreed to pay...

AirTran Airways adds Des Moines-Orlando 2:02

AirTran Airways said on Friday it will fly between Des Moines, Iowa, and Orlando, Fla., on Saturdays and Sundays starting March 6. AirTran said the new flights would be the only nonstop flights between those two...

MGM Mirage, HSBC, Satyam, ING are big movers 1:52

The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE: MGM Mirage, down 45 cents to $10.56 The casino operator's joint...

A look at economic developments around the globe 1:51

A look at economic developments and activity in major stock markets around the world Friday: ___ DUBAI, United Arab Emirates _ Debt-burdened Dubai insisted that it took into account market fallout from its appeal to...

Business events scheduled for the coming month 1:17

TUESDAY, Dec. 1 WASHINGTON _ National Association of Realtors releases pending home sales index for October, 10 a.m; Commerce Department releases construction spending for October, 10 a.m.; Senate Commerce, Science and...

Business events scheduled for the coming week 1:14

SUNDAY, Nov. 29 Several airlines will begin adding 10-dollar surcharges on most of their tickets. TUESDAY, Dec. 1 WASHINGTON _ National Association of Realtors releases pending home sales index for October, 10 a.m;...

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