Appeals panel: No landfill near SoCal nat'l park
11:01
A federal appeals court panel on Tuesday upheld a 2005 court decision that effectively halted the development of what would have been one of the nation's largest landfills near Joshua Tree National Park. The 9th U.S....
GM chairman says co. is committed to repaying aid
10:43
General Motors Co. remains committed to repaying its billions of dollars in government loans, though it's too soon to say when that will happen, the automaker's chairman said Tuesday. "Can GM pay back its loans? You...
Bill Clinton urges Senate passage of health bill
9:41
Former President Bill Clinton urged Senate Democrats on Tuesday to pass health care legislation by year's end, pointedly telling skittish lawmakers that an imperfect bill is preferable to another failure like the one he...
Senate Dems move to curb Fed's powers
9:17
Senate Democrats on Tuesday proposed stripping the Federal Reserve of its supervisory powers and creating instead three new federal agencies to police banks, protect consumers and dismantle failing institutions. The...
UT board: Depleted uranium disposal needs scrutiny
9:07
Utah's Radiation Control Board is moving forward with efforts to require a company that wants to dispose of depleted uranium in the state to first submit a report confirming that additional safeguards will work. The...
Fed officials warn weak recovery won't spur jobs
9:07
Unemployment likely will remain high for the next several years because the economic recovery won't be strong enough to spur robust hiring, Federal Reserve officials warned Tuesday. The cautionary note struck by the...
Atmos posts 4Q loss on drop in natural gas prices
8:58
Atmos Energy Corp. on Tuesday posted a fourth-quarter loss of $16 million, citing a plunge in natural gas consumption and prices that cut deeply into revenue this year. The Dallas-based company, which stores and...
Judge: Joe Jackson can't challenge will executors
8:46
Michael Jackson's father does not stand to inherit any of his son's assets and cannot challenge the appointment of the executors chosen by the singer to handle his will, a judge said Tuesday. Superior Court Judge...
Assured Guaranty forecasts 3rd-quarter loss
7:47
Shares of Assured Guaranty Ltd. slid more than 6 percent in Tuesday aftermarket trading, after the bond insurer said acquisition and other costs will cause it to post a loss for the third quarter. Assured Guaranty said...
Ralcorp nearly doubles profit in 4th-quarter
7:38
Ralcorp Holdings Inc. said Tuesday its fiscal fourth-quarter profit nearly doubled on higher sales and a boost from its acquisition of Post Foods. Ralcorp, based in St. Louis, bought the Post cereals business from...
EPA: Toxic chemicals in freshwater fish widespread
7:31
Nearly half of lakes and reservoirs nationwide contain fish with potentially harmful levels of the toxic metal mercury, according to a federal study released Tuesday. The Environmental Protection Agency found mercury _...
FDIC boss: Big banks still aren't lending enough
7:07
The head of the Federal Deposit Insurance Corp. said Tuesday she's "very worried" that the nation's biggest banks aren't lending enough and warned the economy could take another turn for the worse without increased...
Logitech to buy LifeSize Communications for $405M
6:55
Logitech International SA, a maker of mice, webcams and other computer peripherals, said Tuesday it agreed to buy video conferencing company LifeSize Communications for $405 million. LifeSize, based in Austin, Texas,...
Expert: Recreation on Illinois River has declined
6:54
About 30,000 fewer people floated in the Illinois River watershed in 2007 compared with two years earlier, a professor testified Tuesday, suggesting that decades of chicken manure pollution may have made one of the...
Werner Enterprises to pay special dividend
6:53
Trucking company Werner Enterprises Inc. said Tuesday its board authorized payment of a quarterly cash dividend of 5 cents per share and announced a special cash dividend of $1.25 per common share. The special payout...
UN chief prods Senate to tackle climate change
6:52
U.N. Secretary-General Ban Ki-moon pressed the Senate Tuesday to take action on climate change, but key senators made it clear that a bill is unlikely to pass this year. The U.N. chief met with members of the Senate...
Prosecutors: SC trio promised unrealistic returns
6:51
Three South Carolina men accused of bilking investors out of millions made anyone with ties to law enforcement or attorneys leave their seminars, and threatened investors with $1 million in fines if they told anyone...
Emdeon 3Q loss widens on costs
6:50
Emdeon Corp., which provides financial and clinical services to the health care industry, said Tuesday its third-quarter loss widened on higher expenses and a boost in income tax costs. The company lost $7.2 million,...
Ambac warns it may file for bankruptcy protection
6:47
Shares of Ambac Financial Group Inc. plunged 33 percent Tuesday after the embattled bond insurer said it may be forced to file for bankruptcy protection if it cannot improve its cash position. In a filing with the...
Cliffs Natural raises quarterly dividend
6:40
Mining and natural resources company Cliffs Natural Resources Inc. said Tuesday it has raised its regular quarterly dividend to 8.75 cents. Cliffs had reduced its dividend to 4 cents in May to boost its financial...
PepsiCo withdraws FTC filings in bottler deals
6:35
PepsiCo Inc. said Tuesday it has withdrawn paperwork related to its buyouts of its two biggest bottlers to give regulators more time to review the deal. PepsiCo plans to buy the shares it does not already own of Pepsi...
Judge: 'HOPE' artist can switch lawyers in AP suit
6:33
Shepard Fairey has a new legal team and new questions he must answer. The street artist known for his Barack Obama "HOPE" image will be permitted to switch attorneys in his copyright fight against The Associated Press,...
Median home prices fell nationwide in 3Q
6:29
A real estate group says home prices fell in eight out of every 10 U.S. cities in the third quarter of this year as heavily discounted distressed sales made up 30 percent of all deals. But home sales continued their...
MBIA, Beazer, AIG, Electronic Arts are big movers
6:27
The following stocks were among those that moved substantially or traded heavily Tuesday on the New York Stock Exchange: NYSE: MBIA Inc., down $1.28 at $3.52 Heavy losses in mortgage-related securities and...
MBIA, Beazer, AIG, Electronic Arts are big movers
6:27
The following stocks were among those that moved substantially or traded heavily Tuesday on the New York Stock Exchange: NYSE: MBIA Inc., down $1.28 at $3.52 Heavy losses in mortgage-related securities and...
Bob Evans 2Q profit rises 37 percent
6:27
Bob Evans Farms Inc. said Tuesday its profit rose 37 percent in the second quarter as lower interest payments and a better tax rate offset weaker than expected sales. The operator of Bob Evans and Mimi's Cafe...
Navistar unit issues $350 million in securities
6:25
Navistar Financial said Tuesday it issued $350 million in securities that it said are eligible for a Federal Reserve program designed to spur lending to businesses. The company, a subsidiary of heavy-vehicle maker...
Checking accounts: A new source of fees?
6:24
First, terms on credit cards got harsher. Now some people are seeing higher fees on their checking accounts. Citibank customers with Access or EZ checking accounts will now be charged a $7.50 monthly fee unless they...
Beazer Homes posts profit in fiscal 4th quarter
6:11
Beazer Homes USA Inc. reported its first quarterly profit since 2006 on Tuesday and credited more stable home prices and cost cuts for a marked improvement in the homebuilder's gross margins. The Atlanta-based company...
A look at some checking account terms
6:11
Citibank says it will start charging a $7.50 monthly fee on Access and EZ checking accounts unless customers maintain a $1,500 balance. A look at some of the policies of the nation's biggest banks on basic checking...
BofA CEO says financial industry recovery slow
6:10
Bank of America Corp.'s outgoing CEO Ken Lewis said Tuesday that the economy may be improving but the recovery in the financial industry remains slow. In what may be his last address to analysts, Lewis said at a...
Tyler Rose to become CFO of Kilroy Realty
6:10
Real estate investment trust Kilroy Realty Corp. said Tuesday its senior vice president and treasurer, Tyler H. Rose, will be promoted to executive vice president and chief financial officer starting at the end of the...
Weak Fla. power conservation goals rejected
6:08
The Florida Public Service Commission on Tuesday rejected proposed energy conservation goals that environmentalists had called too weak. Commissioners said a proposal drawn by their own staff fell short of what's...
Maidenform posts higher 3Q profit, sales
6:07
Intimate apparel company Maidenform Brands Inc. said Tuesday its third-quarter profit almost doubled, boosted by a tax benefit and solid sales of bras and shapewear. The company earned $16 million, or 67 cents per...
Toll Brothers fiscal 4Q homebuilding revenue drops
6:04
Toll Brothers Inc. said Tuesday buyers signed 42 percent more contracts for new homes in its fourth fiscal quarter, but revenue dropped because the luxury builder has fewer communities around the country. The company,...
Paragon Shipping sets 5-cent quarterly dividend
6:04
Greek drybulk carrier Paragon Shipping Inc. said Tuesday the company would pay a quarterly dividend of 5 cents per share, unchanged from the second quarter. The dividend will be paid Dec. 14 to shareholders of record...
Paragon Shipping profit slips on lower rates
6:03
Drybulk carrier Paragon Shipping Inc. said Tuesday that profit and sales fell during the third quarter amid a downturn in shipping that led to lower charter rates. The company said it earned $18 million, or 40 cents...
Bunge announces new CEO for North America
6:00
Bunge Ltd. on Tuesday said Soren Schroder will become CEO of its North America business, taking over from Carl Hausmann, who will take on the new role of managing director of global government and corporate affairs. ...
Stryker set to acquire OtisMed
5:59
Implant maker Stryker Corp. said Tuesday it acquired privately held software technology company OtisMed Corp., and it will also buy assets of two other companies. OtisMed will operate as part of Stryker's Orthopaedics...
US judge denies credit bid for Philly newspapers
5:55
Creditors trying to take over Philadelphia's two major newspapers at a bankruptcy auction next week must bid in cash, not with the millions owed them, a federal judge said Tuesday. The decision overturns a bankruptcy...
NY lawmaker: Others could suffer bridge closings
5:54
New York state Sen. Elizabeth Little said the sudden closure of an unstable, half-mile bridge spanning Lake Champlain in Essex County is isolating the communities that rely on it and harming nearby businesses. Little...
Business Highlights
5:52
Senate Dems move to curb Fed's powers WASHINGTON (AP) _ Senate Democrats on Tuesday proposed stripping the Federal Reserve of its supervisory powers and creating instead three new federal agencies to police banks,...
Students, others rally for Michigan school funding
5:51
School advocates and Democratic Gov. Jennifer Granholm are keeping the pressure on Michigan lawmakers to raise more money for education. Hundreds of students, parents and school officials rallied Tuesday at the state...
2 ex-Bear Stearns hedge-fund managers acquitted
5:48
Two Bear Stearns executives who ran hedge funds that collapsed after betting heavily on the shaky subprime mortgage market were acquitted Tuesday of lying to investors _ a defeat in the government's bid to punish fraud...
Stocks mostly fall after rally as the dollar rises
5:42
Caution returned to the stock market Tuesday as investors decided to slow an advance that has lifted the Dow Jones industrial average 475 points in five days. Stocks mostly fell in light trading, though the Dow tacked...
Ex-NY Post editor: Cartoon flap led to firing
5:39
A former editor for the New York Post has sued the newspaper, saying she was fired for labeling as racist a cartoon that critics said likened President Barack Obama to a dead chimpanzee. Sandra Guzman sought...
GM chief engineer relieved Opel staying with GM
5:38
When General Motors Co.'s board halted the sale of the company's European car business last week, no one was happier than the automaker's chief engineer. Engineers with the Ruesselsheim, Germany-based Opel have...
US small grains estimates virtually unchanged
5:36
The U.S. Agriculture Department has revised its estimates for production of small grains such as wheat and barley but the changes are small. Estimated U.S. spring wheat production is down less than 1 percent from the...
Neb. tax revenue rebounds after dismal September
5:34
Nebraska tax revenue in October rebounded after a dismal September that prompted a special legislative session to cut the state budget, but collections still fell below official projections. On Tuesday, the state...
How the major stock indexes fared on Tuesday
5:32
Caution returned to the stock market Tuesday as investors decided to slow an advance that has lifted the Dow Jones industrial average 475 points in five days. Stocks mostly fell in light trading, though the Dow tacked...