TeleCommunication Systems gets $8M Marine contract
10:06
TeleCommunication Systems Inc., which makes wireless and satellite equipment, said Monday it received an additional $8 million in funding from the U.S. Marine Corps. The company said it will provide field support and...
No danger on Sunday flight _ just an ill passenger
10:02
Armed officers on Sunday rushed aboard the same Detroit-bound Northwest Airlines flight that was attacked on Christmas Day, but the perceived threat wasn't much of a danger _ just an ill traveler who spent too much time...
Alaska tug that ran into reef towed into port
9:58
A crippled tugboat that spilled fuel into Alaska's Prince William Sound after hitting the same reef that caused the Exxon Valdez oil disaster 20 years ago reached port early Sunday morning, a spokesman for the tug's...
Audi plans euro7.3 billion investments through 2012
9:55
Audi AG said Monday it plans to spend euro7.3 billion ($10.51 billion) on plant upgrades, new products and technology research as it moves to expand its number of customers worldwide and increase market share. Audi,...
TSA: 2 passengers detained after flight to Phoenix
9:45
Two men thought to have been acting suspicious aboard a flight bound for Phoenix were detained and questioned by federal anti-terrorism authorities before they were released, the FBI said Sunday. Transportation...
Detroit explosive common, easily detectible
9:42
The explosive device used by the would-be Detroit bomber contained a widely available _ and easily detected _ chemical explosive that has a long history of terrorist use, according to government officials and explosive...
High expectations? States weigh marijuana reform
9:39
Washington is one of four states where measures to legalize and regulate marijuana have been introduced, and about two dozen other states are considering bills ranging from medical marijuana to decriminalizing...
Thoma Bravo acquires Amicas for $217 million
9:07
Amicas Inc., which provides health care information technology services, said Monday it agreed to be acquired by private equity firm Thoma Bravo LLC in a deal worth about $217 million in cash. Under terms of the...
Xerox sets shareholder vote on ACS deal for Feb. 5
8:34
Xerox Corp. on Monday scheduled a shareholder vote on its planned acquisition of outsourcer Affiliated Computer Services Inc. for Feb. 5. The printer and copier company plans to buy ACS in a cash and stock deal aimed...
Ahead of the Bell: Movie theaters see strong sales
8:18
U.S. movie theater chains should see a jump in box office revenue for the fourth quarter after moviegoers flocked to high-profile films over the holiday weekend, a Merriman Curhan Ford analyst said Monday. Box office...
Weak food service sales hurt Cal-Main 2Q results
8:16
Cal-Maine Foods Inc., which produces and sells eggs, said Monday its fiscal second-quarter profit fell 41 percent as food service and restaurant sales remained weak. Profit for the quarter ended Nov. 28 fell to $16.1...
Shoppers spend a little more during holiday season
6:16
Holiday shoppers spent a little more this season, according to data released Monday, giving merchants some reason for cheer. The spending bounce means retailers managed to avoid a repeat of last year's disaster even...
Correction: Obesity drug story
5:58
In a Dec. 22 story about obesity drugs, The Associated Press erroneously reported when Orexigen Therapeutics Inc. plans to file for approval of its drug candidate Contrave32. It plans to file in the first half of 2010,...
Seniors worry about Medicare Advantage cuts
3:10
Insurers constantly caution seniors that their Medicare Advantage perks such as hearing aids, dental payments and even gym memberships will fizzle if Democrats get their way and cut government subsidies for them. But...
House backers of public insurance option may yield
2:50
Two House Democrats who favor a government insurance plan, a central element of health care legislation passed in their chamber, acknowledged Sunday it might have to be sacrificed as negotiators work out a final...
Car showrooms are reborn as places to play, learn
6:17
With hard times in the auto industry and car dealerships closing around the country, the gleaming showrooms that once featured next year's models are becoming this year's new store, restaurant, school, day care center...
Failed attack likely won't crash airline stocks
6:07
Two weekend security incidents aren't expected to have much effect on airline stocks. Investors instead are likely to focus on an improving economy when trading resumes Monday. A failed attack on a Northwest flight...
2010 could blue chips' year as caution returns
1:47
Investors are about to get picky. After a nearly 10-month rally across the stock market, investors are starting to look for specific stocks to bet on in the new year. And analysts say large-cap companies, which include...
Decline in number of US auto dealerships
1:39
New uses for auto showrooms can be traced, in part, to a steady decline in the number of franchised new car dealerships in the U.S. The number of new car dealerships open at the start of these years: 1970: 30,800 ...
Stocks higher? Famed investor says don't bet on it
1:08
Homes are selling at their fastest clip in nearly three years, the unemployment rate is falling and stocks are up 66 percent since their March lows _ the best performance since the 1930s. What's not to like? Plenty,...
New Harrah's president looks to rock Atlantic City
12:44
Most casino presidents fret about how much money gamblers are winning, the amount their customers are spending on food and drinks, and how to get more people to drop more money in their casinos. Don Marrandino is...
Seniors worry about Medicare Advantage cuts
10:24
Insurers constantly caution seniors that their Medicare Advantage perks such as hearing aids, dental payments and even gym memberships will fizzle if Democrats get their way and cut government subsidies for them. But...
DC airport reopens after flooding closed terminal
10:06
Officials at Reagan National Airport have reopened a terminal that was closed after a broken pipe caused flooding. A spokeswoman for the Metropolitan Washington Airports Authority said the flooding Saturday was ankle...
AK tug that hit reef, spilled fuel reaches port
5:22
A crippled tugboat the spilled fuel into Alaska's Prince William Sound after hitting the same reef that caused the Exxon Valdez oil disaster 20 years ago has reached port. Crowley Maritime Services spokesman Jim Butler...
Sparse shelves greet post-Christmas deal hunters
10:06
Shoppers headed to America's malls Saturday, many with gift cards in hand, hoping to snag after-Christmas discounts. They were greeted with big markdowns _ in some cases topping 75 percent off _ but often found limited...
Part of DC airport floods, some gates closed
8:06
Officials at Reagan National Airport have evacuated part of a terminal and closed a baggage claim area after a broken pipe caused flooding. A spokeswoman for the Metropolitan Washington Airports Authority the flooding...
Airline passengers see tighter security
5:54
Extra pat-downs before boarding. No getting up for the last hour of the flight. More bomb-sniffing dogs. Airports worldwide tightened security a day after a passenger tried to light some kind of explosive on a flight...
Airlines: New rules keep passengers in seats
3:53
Some airlines were telling passengers on Saturday that new government security regulations prohibit them from leaving their seats beginning an hour before landing The regulations are a response to a suspected terrorism...
Wreckage probe nears end; Jamaica awaits details
3:30
The pilot of an American Airlines jet that overshot the runway in Jamaica said Saturday that he's happy to be home with his family for the holidays, and praised his crew for their quick thinking and professionalism. ...
The past and future decade in business at a glance
2:57
A look at the decade that was and the decade to come, by industry: BANKING THE PAST DECADE: The nation's big banks swaggered into the decade as owners of the world. They leave it humbled and, in some cases, wards of...
Even as economy mends, a jobless decade may loom
1:43
Call it the Terrible Teens. The decade ahead could be a brutal one for America's unemployed _ and for people with jobs hoping for pay raises. At best, it could take until the middle of the decade for the nation to...
High-tech vehicles pose trouble for some mechanics
12:48
A sign inside the Humming Motors auto repair shop says, "We do the worrying so you don't have to." These days, owner David Baur spends a lot of time worrying in his full-service garage near downtown Los Angeles. As...
A comparison of House, Senate health care bills
10:59
A comparison of the health care bills passed by the Senate and House: ___ The Senate Democratic bill (Patient Protection and Affordable Care Act): WHO'S COVERED: About 94 percent of legal residents under age 65 _...
House and Senate look to final health care talks
10:58
How many Americans will get subsidized medical coverage _ plus who will pay for it _ will be front-burner issues when Congress returns next month to complete President Barack Obama's health care remake. Pocketbook...
GOP lawmakers change tune on costly health plans
7:21
Democrats are troubled by the inconsistency of Republican lawmakers who approved a major Medicare expansion six years ago that has added tens of billions of dollars to federal deficits, but oppose current health...
Refinery struggles bruise NJ communities
6:33
Harry Schaeffer was a toddler when his family moved in 1955 to National Park, where nearby Eagle Point Refinery had been turning crude to gasoline, heating oil and other products for years. Schaeffer grew up near the...
Flint study asks: How does well-kept grass matter?
3:49
As Flint tries to survive and thrive as a smaller city, the thousands of abandoned homes and vacant lots scattered throughout its neighborhoods are more than a reminder of its past as a manufacturing boomtown. They're...
NY man can't recover Madoff millions from ex-wife
10:52
A judge says a prominent New York City lawyer can't recover money he paid in a divorce agreement when he believed he and his ex-wife had millions of dollars invested with Bernard Madoff (MAY'-dawf). Steven Simkin says...
Company gives $400K for Washington's NJ river trek
5:28
George Washington brought along a tourist for his Christmas Day ride across the Delaware River this year, and technology manufacturer Lockheed Martin brought its checkbook. After months of financial uncertainty, the...
2 Las Vegas resorts preparing to open new towers
5:08
Two more casino resorts are preparing to open new hotel towers, less than two weeks after the debut of the 4,000-room Aria casino-hotel on the Las Vegas Strip. The 1,201-room PH Towers at the Planet Hollywood Resort,...
Democrats see GOP hypocrisy in health care debate
4:01
Republican senators attacking the cost of a Democratic health care bill showed far different concerns six years ago, when they approved a major Medicare expansion that has added tens of billions of dollars to federal...
Ore. delegation seeks vote on Siskiyou line
2:25
Three members of Oregon's congressional delegation have sent a letter to the new chairman of the federal Surface Transportation Board, asking him to quickly decide on whether to allow a railroad company to operate a...
Whole Foods CEO to give up title of chairman
2:25
The chief executive of organic supermarket chain Whole Foods Market Inc. is giving up his title of chairman, following years of petitioning by an activist shareholder to separate the two roles. Co-founder and CEO John...
Senate bill could hurt insurers at least initially
11:50
Health insurers get some big presents in the Senate's health overhaul bill _ about 20 million new customers and no competition from a new government plan. Taking advantage of those boons might take some time, though. ...
Credit crunch: Home equity lending evaporates
11:37
Hocking the house for quick cash is a lot harder than it used to be, and it's causing headaches for homeowners, banks and the economy. During the housing boom, millions of people borrowed against the value of their...
Stores hope gift cards give post-Christmas lift
11:33
As merchants look to this weekend and the rest of the Christmas aftermath, they're counting on droves of gift card-toting customers to return to malls. But those numbers may be smaller as the industry braces for what...
ALL BUSINESS: No consequences for lying borrowers
11:30
The government shouldn't reward liars. But that's the effect of changes to the Obama administration's failing program to help homeowners modify their mortgages. Until recently the rules were clear: if you grossly...
China stocks mixed on new share sales
10:48
Chinese stocks ended mixed Friday on concerns about new share sales that drained market liquidity. The benchmark Shanghai Composite Index slipped 12.06 points, or 0.4 percent, to close at 3,141.35, ending the week up...
Scientists study car safety for pregnant women
10:45
Shifting the focus from infants and children in safety seats, researchers and car manufacturers are looking to prevent fetal deaths by making automobile travel safer for expectant mothers. Biomedical researchers are...
Treasury removes cap for Fannie and Freddie aid
10:24
The government has handed its ATM card to beleaguered mortgage giants Fannie Mae and Freddie Mac. The Treasury Department said Thursday it removed the $400 billion financial cap on the money it will provide to keep the...