BMW October sales up 2 pct; Audi up 0.4 pct
5:07
German carmakers BMW AG and Audi AG said Monday their October sales improved as the global downturn showed signs of waning and demand for luxury cars improved. BMW, the world's biggest luxury carmaker, said its group...
Sonova to buy Advanced Bionics for $489M
4:54
Swiss hearing aid firm Sonova Holding AG said Monday it is buying cochlear implant maker Advanced Bionics Corp., based in California, for $489 million in cash. Sonova expects the transaction, which is subject to...
Deadline looms for Kraft to make Cadbury bid
4:47
A deadline loomed Monday for Kraft Foods Inc. to make a formal offer for British candy maker Cadbury PLC or walk away for six months. Shares in Cadbury have soared in recent days as investors speculate on a...
House health bill unacceptable to many in Senate
3:39
Don't look for the Senate to quickly follow the House on health care overhaul. A government health insurance plan included in the House bill is unacceptable to a few Democratic moderates who hold the balance of power...
Volunteers come to injured farmers' rescue
3:02
A broken pelvis and injured knee nearly put an end to North Dakota farmer Dustin Lien's harvest, but a group that helps injured farmers and the families of those who have died came to his aid. Farm Rescue sent...
Industry pushes chocolate milk in schools
12:01
The creators of the "Got Milk?" campaign are getting ready to make a big push to keep chocolate milk on kids' minds and on school lunch menus, a plan that has some educators and obesity activists none too pleased. The...
Stock volatility is back, a sign of an aging bull?
8:21
Stock market volatility is back, a signal to some experts that the powerful rally that started in early March may be coming to an end. The Dow Jones industrial average rose or fell more than 100 points in seven of the...
Precision Machine opening plant in Sturgis, SD
8:06
As many as 30 new jobs are coming to the South Dakota town of Sturgis. California-based Bar-Sto Precision Machine Co. has announced plans to open a new facility on the south end of the Sturgis industrial park. The...
NM auto dealer tried to save business by gambling
7:48
A former Albuquerque auto dealer, faced with an ailing economy and difficulty getting credit for his dealership, says he turned to gambling last year in a bid to salvage the business. Ken Zangara racked up a $250,000...
House, Senate health care bills detailed
6:39
A comparison of the health care bills before Congress. The Democratic-controlled House passed its legislation on a 220-215 vote Saturday night. Republican opposition was nearly unanimous. In the Senate, Majority...
Northrop sells advisory services unit for $1.65B
6:04
Northrop Grumman said Sunday it agreed to sell its advisory services business TASC Inc. to private equity firm General Atlantic LLC and affiliates of Kohlberg Kravis Roberts & Co. for $1.65 billion in cash. The No....
Investors look to consumer for clues to recovery
4:07
Investors will get some guidance about the economy this week from data issued not by the government, but by big retailers in the form of third-quarter earnings reports. The financial markets are still trying to get a...
Survey: Gas prices up 2.86 cents nationwide
3:24
The average price of regular gasoline in the United States has jumped 2.86 cents over a two-week period to $2.68. That's according to the national Lundberg Survey of fuel prices released Sunday. Analyst Trilby...
Obama says it's now Senate's turn on health care
1:24
President Barack Obama says it's now up to the Senate to take the baton from the House and pass a bill aimed at overhauling the nation's health care system. The House narrowly passed a health care bill Saturday night....
Holiday airfares close to last year but climbing
8:02
If holiday travelers on the same plane compare what they paid to fly, they're likely to find quite a spread, depending on when they bought their tickets. Fares for travel around the holidays have been rising since late...
Indian PM hopes for 7 percent growth next year
6:25
The Indian government is pushing ahead with economic reforms aimed at achieving a growth rate of more than 7 percent next year but will make sure the benefits reach the poor, Prime Minister Manmohan Singh said Sunday. ...
House votes strict ban on abortion subsidies
4:24
A bipartisan House coalition voted Saturday to prohibit coverage of abortions in a new government-run health care plan that Democrats would establish to compete with private insurers. The 240-194 vote on an amendment...
Jobless: 10 percent is tougher than it used to be
12:00
It hurts more to be unemployed now than the last time the jobless rate hit 10 percent. Americans have more than triple the debt they had in 1982, and less than half the savings. They spend 10 weeks longer off the job....
11:16
House passes bill to provide health care coverage to millions more Americans. ...
Pelosi: Obama visit inspired Democrats
8:43
House Democratic leaders say President Barack Obama, who made a quick trip to Capitol Hill, inspired their party to pass health care legislation. Obama met with the Democrats behind closed doors on Saturday morning. A...
House, Senate health care bills detailed
8:25
Here is a comparison of the three health care bills before Congress, including one by House Democrats and an alternative by House Republicans. In the Senate, Majority Leader Harry Reid, D-Nev., is finalizing...
G-20 finance officials: Too early to end stimulus
8:13
Finance officials from rich and developing countries have pledged to maintain emergency support for their economies until recovery is assured, but failed to reach a clear agreement to bear the cost of fighting climate...
Engine fire grounds Delta plane in Atlanta
6:03
A company spokesman says a Delta plane headed to Philadelphia had to return to the gate just before takeoff from Atlanta because of an engine fire. Delta spokesman Carlos Santos said the MD88 was taxiing along the...
Fry's, Safeway prepping for possible strike
5:45
In less than a week, unionized workers at two Arizona grocery store chains may be walking a picket line instead of stocking shelves and cutting meat. Fry's Food Stores has begun advertising for thousands of temporary...
Chinese premier: Africa trade push is 'selfless'
2:24
China's premier stressed Saturday that his country's push to boost already burgeoning trade ties with Africa was "sincere and selfless," as the Asian powerhouse battled criticism its quest for natural resources was at...
1:38
White House: Obama to attend memorial service Tuesday at Fort Hood. ...
Holiday airfares close to last year and climbing
1:35
If holiday travelers on the same plane compare what they paid to fly, they're likely to find quite a spread, depending on when they bought their tickets. Fares for travel around the holidays have been rising since late...
China offers Africa more trade, investment
7:45
China is offering to abolish import duties on some commodities from Africa and make sure Chinese exports to the continent are safe as part of a package to boost already thriving economic ties, China's commerce minister...
South Korean workers protest gov't labor policy
6:39
Tens of thousands of South Korean workers rallied Saturday to protest the government's plan to begin implementing contentious labor laws. The government says it will begin enforcing laws next year to allow multiple...
Democrats clear impasse blocking health care vote
12:12
House Democrats have cleared an impasse over abortion that has been holding up a vote on sweeping health care legislation. A vote is expected on Saturday _ after President Barack Obama makes a late morning trip to the...
Court ends tobacco company payments in Md., Pa.
10:19
North Carolina's highest court ruled Friday that three cigarette companies no longer have to make payments to tobacco farmers in Maryland and Pennsylvania under a decade-old settlement. The state Supreme Court...
Cardiologist and Boston Sci exec Baim dies at 60
10:14
Dr. Donald Baim, a renowned cardiologist and medical device executive, died Friday following surgery to treat a form of cancer, his family said in a statement. He was 60. Baim had undergone recent surgery to remove...
Banks in Ga., Mich., Minn., Mo., Calif. closed
10:11
Regulators on Friday shut banks in Georgia, Michigan, Minnesota, Missouri, and California, bringing the number of bank failures this year to 120 amid the struggling economy and a cascade of defaults on loans. The...
Berkshire Hathaway says 3Q profit triples to $3.2B
8:31
Paper gains on derivative contracts helped Berkshire Hathaway Inc. triple its third-quarter profit as its insurance businesses did well, but Warren Buffett's company said Friday that many of its other operating...
Sector Snap: Airline shares rise
8:13
Airline stocks rose Friday as oil prices tumbled, easing the carriers' fears over jet fuel costs. The broader market also gained, as investors shrugged off another rise in the national unemployment rate, which the...
Mesa Air says United didn't extend deal
8:10
Mesa Air Group Inc. said Friday that United Airlines did not extend an agreement under which Mesa operated 26 regional jets for the larger carrier. Mesa operates the CRJ-200 aircraft under a code-sharing agreement with...
Earnings Preview: Ticketmaster 3Q results seen up
8:08
Ticketmaster Entertainment Inc., the nation's largest ticket seller and proposed merger partner of Live Nation Inc., is scheduled to report its third-quarter earnings on Monday. The following is a summary of key...
Earnings Preview: Live Nation 3Q seen lower
8:06
Live Nation Inc., the world's biggest concert promoter and proposed merger partner of Ticketmaster Entertainment Inc., is scheduled to report its third-quarter earnings on Monday. The following is a summary of key...
Hyatt underwriters buy additional 5.7M shares
8:04
Hyatt Hotels Corp. said Friday that underwriters of its initial public offering have exercised their option to buy 5.7 million more shares of common stock at $25 apiece. Hyatt, which raised $950 million in its IPO this...
You've seen the TV ads. So what is Ally Bank?
7:50
Its TV and print ads poke fun at the bait-and-switch tactics of other banks. Its interest rates on CDs have been the most generous in the industry. Ally Bank's tactics have drawn in customers, but they've also irked...
Obama will push health bill in Saturday Hill visit
7:45
President Barack Obama still expects to have a health care overhaul bill to sign by year's end and plans to personally lobby for it in a visit to Capitol Hill on Saturday, the White House said. House Democratic Leader...
Live Nation-Ticketmaster deal vote set for Jan. 8
7:44
In a tacit acknowledgment of a delay in their plan to combine, Live Nation Inc. and Ticketmaster Entertainment Inc. said in filings Friday that a shareholders meeting to approve the deal is set for Jan. 8. The...
Oil settles lower after US unemployment report
7:39
Oil prices tumbled Friday after the government said the U.S. unemployment rate topped 10 percent for the first time since 1983. Benchmark crude for December delivery gave up $2.19 to settle at $77.43 a barrel on the...
Consumer borrowing drops $14.8B in September
7:38
Consumers borrowed less for a record eighth straight month in September amid rising unemployment and tight credit conditions. Economists worry the declines in borrowing will drag on the fledgling recovery. The Federal...
Freddie Mac loses $6.3B in 3Q
7:35
Freddie Mac's losses narrowed to $6.3 billion in the third quarter, but the government-controlled mortgage finance company didn't need a federal cash infusion. The McLean, Va.-based company has received about $51...
Construction co. settles bridge collapse lawsuits
7:21
Victims and the families of those killed in the Interstate 35W bridge collapse in Minneapolis in 2007 agreed Friday to settle their lawsuits against a construction company that was resurfacing the span at the time. ...
Neb. lawmakers hear 2 sides about budget crunch
7:00
To hear directors of some state agencies tell it, managing Nebraska's worst fiscal crisis in recent memory isn't that big of a deal. Others tell a totally different story, one of significant cutbacks in services. It's...
Obama signs bill assisting homebuyers, jobless
6:56
President Barack Obama signed a $24 billion economic stimulus bill into law Friday, giving tax incentives to prospective homebuyers and additional jobless benefits to those idled by the business slump. The bill-signing...
Former Idaho transportation head sues over firing
6:56
The former head of the Idaho Transportation Department filed a lawsuit Friday against the agency, saying she was fired in a political power play to help Gov. C.L. "Butch" Otter and his big campaign donors. The lawsuit...
Dolan Media buys 85 percent stake in DiscoverReady
6:52
Dolan Media Co. said Friday it bought an 85 percent stake in DiscoverReady LLC, which provides document-review services to companies and their lawyers. Financial terms were not disclosed. Dolan sells services and...