4 NYC homeowners sue over mortgage program
4:32
Four New York City homeowners have filed a lawsuit charging they were denied access to a federal home-refinancing program. The plaintiffs are homeowners in Brooklyn and Queens who have mortgages serviced by Aurora Loan...
YRC Worldwide launches debt-for-stock swap
4:31
YRC Worldwide Inc. said Monday it has begun a swap of stock for $536.8 million in debt, a move designed to stave off a bankruptcy filing and put the troubled trucking company on sounder short-term financial footing. ...
Earnings Preview: Macy's Inc.
4:30
Macy's Inc. reports earnings for the third quarter on Wednesday before the stock market opens. The following is a summary of key developments and analyst opinion related to the department store chain during the period. ...
Ark. program to provide career coaches for schools
4:30
Forty-three "career coaches" will be placed in high schools around Arkansas next year to help students chart their college and career goals, state officials announced Monday. The coaches will be placed in schools...
Airline group predicts 4 percent Thanksgiving drop
4:30
An airline industry trade group predicts that passenger traffic over the Thanksgiving holiday will drop 4 percent from last year. The Air Transport Association made the forecast Monday despite deep discounting by...
Agriculture futures jump on the Chicago BOT
4:28
Agriculture futures advanced Monday on the Chicago Board of Trade. Wheat for December delivery surged 22.75 cents to $5.20 a bushel, while December corn jumped 19 cents to $3.86 a bushel and oats for December delivery...
GM CEO Henderson in Germany discussing Opel future
4:28
The chief executive of General Motors Co. met with leaders of its Opel unit on Monday to discuss the European subsidiary's automaker's future, a week after GM abruptly decided to keep it instead of selling a majority...
Talks continue on possible Ariz. special session
4:27
Talks continue at the Capitol on a topics for possible special session of the Arizona Legislature next week. The talks that continued Monday center on measures to reduce the state's $2 billion midyear budget shortfall....
P&G closing centers, moving jobs
4:26
The Procter & Gamble Co. is centralizing some research and development operations, affecting some 700 jobs. P&G says it expects most of the affected employees in southwest Ohio and Massachusetts to transfer to...
RIM to make it easier to make games for BlackBerry
4:26
Research In Motion Ltd., the maker of the BlackBerry phones, on Monday announced plans to make it easier to create games and other software for the phones. At the BlackBerry Developer Conference in San Francisco, RIM...
Iowa gov., union reach deal to save state jobs
4:25
The state and leaders of its largest employee union announced Monday they have reached a deal that would save hundreds of jobs threatened by spending cuts by having the 20,000 union workers take five unpaid furlough...
Wis. Senate Democrats unveil job-creation proposal
4:23
Democrats who control the Wisconsin state Senate have unveiled a proposal they say will help create and retain jobs and businesses and improve worker education and training. The head of the state Republican Party says...
E-mails show Iowa gov.'s interest in film office
4:20
Iowa Gov. Chet Culver's office took a close interest in the state's film promotion efforts long before questions about spending and bookkeeping prompted the governor to freeze the program, e-mails obtained by The...
Group collects 99,000 signatures for Maine casino
4:15
A group that wants to build a resort and casino in western Maine says it has collected 99,000 signatures seeking to put the proposal to a statewide vote. Black Bear Entertainment LLC spokesman Peter Martin says the...
Alaska Airlines starts Oakland-Hawaii service
4:02
Alaska Airlines on Monday announced new service between Oakland and Hawaii. Alaska said it started service Monday between Oakland and Kahului, Hawaii, on the island of Maui, with four flights a week. The airline said...
Bombardier expects production cuts
3:54
Bombardier's CEO says employees should expect additional aircraft production cuts that may lead to more layoffs as the plane and train maker adjusts to dwindling demand. The Montreal-based manufacturer has already...
Your Money: More Roth IRA conversions allowed
3:53
In retirement, your paycheck might go away, but taxes won't. Still your tax bill can be hard to predict. To have some control over how much you pay the government each year, you should have both taxable and non-taxable...
United shaves a few bucks off upgrades
3:48
United Airlines is shaving a few bucks off upgrades to roomier "economy plus" seats through Friday. The airline, a unit of UAL Corp., charges customers the base fare plus the extra "economy plus" charge to sit at the...
Red Lion Hotels names Schweitzer EVP, COO of unit
3:40
Red Lion Hotels Corp. said Monday that George Schweitzer has been named executive vice president and chief operating officer of hotel operations. Schweitzer, 54, has over 30 years of experience in the hospitality...
Tax waivers for pipeline to cost local governments
3:37
Leaders from six Kansas counties want a chance to challenge the state's contention that the Canadian owner of a crude oil pipeline is eligible for millions of dollars in tax credits. The Kansas portion of the pipeline...
Fitch downgrades Phoenix life insurance
3:36
The life insurance subsidiaries of The Phoenix Companies Inc. received a ratings downgrade on Monday by Fitch Ratings. The insurer financial strength rating slipped into non-investment grade territory, lowered to BB+...
Judge hears arguments on campaign restrictions
3:32
It's now up to a federal judge in New Orleans to decide whether to put a challenge to campaign finance restrictions on a faster track to the U.S. Supreme Court. U.S. District Judge Ginger Berrigan heard arguments...
Mutual of Omaha drops 'aha' lawsuit against Oprah
3:29
Mutual of Omaha may have had its own "aha moment" when the insurance company decided to drop its lawsuit against Oprah Winfrey's company over the rights to that phrase. But documents filed in U.S. District Court don't...
NJ candy factory flips switch on new solar array
3:26
Those green M&Ms are getting greener. A New Jersey candy factory that produces M&Ms flipped the switch Monday on a dedicated solar array that's the largest in the nation to serve a single manufacturing complex,...
Fed says banks eye tighter terms on credit cards
3:24
Banks expect to tighten terms on credit cards in response to a new law that aims to protect consumers from sudden rate hikes, the Federal Reserve said Monday. A quarterly survey by the Fed found that many banks expect...
More job cuts planned at Star Tribune
3:17
The Star Tribune is cutting about 100 jobs as Minnesota's largest newspaper further trims costs after emerging from bankruptcy protection. Editor Nancy Barnes says in a note to the newsroom that about 30 of the cuts...
Tagged.com settles with NY, Texas in invite fight
3:13
The social networking Web site Tagged.com has adopted reforms on the use of invitation e-mails after being accused of essentially stealing the e-mail addresses of some 60 million Internet users, state Attorney General...
Rates on short-term Treasury bills mixed
3:11
Interest rates on short-term Treasury bills were mixed in Monday's auction. Rates on three-month bills rose and rates on six-month bills fell to the lowest level in a month. The Treasury Department auctioned $30...
Oilman says ND reserves could be double estimates
3:08
Billionaire oilman Harold Hamm believes North Dakota's oil reserves are double the federal government's estimates. Hamm was the keynote speaker Monday at an energy conference in Bismarck. He said the U.S. Geological...
Talent agency acquires Michigan-focused competitor
3:03
A talent management agency with offices in Detroit, Chicago and Los Angeles has acquired a Michigan-focused competitor and plans to expand its film division following the deal. Productions Plus Inc. announced Monday...
Correction: Roper Industries story
2:59
In a Nov. 6 story about Roper Industries, The Associated Press erroneously described the effects of two acquisitions. The deals are expected to add at least $38 million to the company's earnings before interest, taxes,...
Western Refining shutters 1 New Mexico refinery
2:48
Western Refining Inc. is shuttering its Bloomfield refinery and consolidating the operations of its two northwestern New Mexico plants at its Gallup refinery in a move the company says will save $25 million per year. ...
Pinnacle CEO resigns amid probe of council meeting
2:45
Casino operator Pinnacle Entertainment Inc.'s CEO and chairman resigned Monday, less than a week after allegedly telling a St. Louis County Council member that voting in favor of another company's casino was the worst...
W.Va. gov. to host private meeting on coal
2:44
Gov. Joe Manchin is planning to host a private meeting on the future of coal in West Virginia with government, industry and labor representatives. Manchin spokesman Matt Turner says Tuesday's meeting was requested by...
Windstream shares slip as 3Q results miss Street
2:36
Shares of Windstream Corp. slid Monday after the telephone and broadband services provider reported third-quarter results below analyst expectations. The company earned $80 million, or 18 cents per share, down 24...
Hertz names car rental unit executive
2:35
Hertz Global Holdings Inc. on Monday named a company executive to oversee the car rental and leasing business in the Americas. The company said Scott P. Sider, president of off-airport operations, would become...
Louisiana farmers keep eye on Tropical Storm Ida
2:33
Gusty winds, high tides and heavy rainfall associated with Tropical Storm Ida could affect southeast Louisiana's citrus and sugar cane crops. Alan Vaughn, an extension agent for the Louisiana State University AgCenter,...
Equifax sets 4-cent quarterly dividend
2:19
Credit reporting agency Equifax Inc. said its board declared a regular quarterly dividend of 4 cents. The dividend will be payable Dec. 15 to shareholders of record on Nov. 24. ...
Sprint, Clearwire rise on report of new investment
2:17
Shares of Sprint Nextel Corp. and Clearwire Corp. gained Monday after a published report suggesting Sprint and its partner investors will put at least another $1.5 billion into Clearwire. The Wall Street Journal...
FreightCar America sets 6-cent quarterly dividend
2:16
Railcar maker FreightCar America Inc. said its board declared a regular quarterly dividend of 6 cents. The dividend will be payable Nov. 30 to shareholders of record on Nov. 23. ...
Houston Wire & Cable sets quarterly dividend
2:16
Wire and cable supplier Houston Wire & Cable Co. said Monday its board declared a regular quarterly dividend of 8.5 cents. The dividend will be payable Nov. 27 to shareholders of record on Nov. 16. ...
Quicksilver Resources moves to 3Q profit
2:13
Quicksilver Resources Inc. on Monday posted a third-quarter net profit and said adjusted earnings beat analyst expectations as the natural gas and oil producer ramped up production and cut costs. Shares jumped 71...
Ex-SEC lawyer pleads guilty in NY Marc Dreier case
2:04
A former lawyer with the enforcement division of the Securities and Exchange Commission pleaded guilty Monday to conspiring with a prominent Manhattan lawyer to dupe hedge funds out of tens of millions of dollars. ...
Cisco gives Tandberg shareholders more time
2:04
Cisco Systems Inc. said Monday that it was extending by nine days its offer to buy shares of Tandberg SA, a Norwegian maker of videoconferencing equipment. Tandberg's board has agreed to the deal, but minority...
BofA extends $184B credit in third quarter
2:02
Bank of America Corp. said Monday that it extended nearly $184 billion in credit during the third quarter, as households and communities remain under financial strain. In its latest lending and investing initiative...
Strollers recalled for fingertip amputation hazard
1:53
About a million Maclaren strollers sold by Target and Babies "R" Us were recalled Monday, after 12 reports of children having their fingertips amputated by a hinge mechanism. The recall includes all nine models of...
Major business events scheduled for Tuesday
1:49
Major business events and economic events scheduled for Tuesday: WASHINGTON _ Labor Department releases job openings and labor turnover survey for September, 10 a.m. WASHINGTON _ Senate Health, Education, Labor and...
Western Union promotes insider to COO
1:49
Western Union Co. said Monday it would promote an insider to chief operating officer effective Jan. 1. The money-order company said Hikmet Ersek would have responsibility for all of its business units and operations...
Analyst raises price target for Nordstrom by $3
1:34
An analyst raised his price target on shares of department store operator Nordstrom Inc. on Monday, expecting sales growth to boost the company's bottom line. JPMorgan analyst Charles Grom raised his price target by $3...
FTI Consulting accelerates $250M share buyback
1:31
FTI Consulting Inc. said Monday it has agreed to accelerate the repurchase of $250 million of its stock from Goldman, Sachs & Co. FTI Consulting will pay the $250 million from available cash on hand to repurchase...