Va. to size up impact of increasing elk population
6:05
Virginia game officials will study the consequences of increasing the number of Rocky Mountain elk in the state's remote southwest corner, a move opposed by cattle farmers fearful of the spread of disease. Elk can...
Official: Wrote memo to warn of dropping's overuse
6:04
A former Arkansas poultry company executive testified Thursday that he wrote a memo in 2005 warning of the environmental dangers of spreading too much chicken waste on farmland in certain areas. With the testimony of...
Stocks rise as financial, consumer stocks gain
6:02
Investors encouraged by a good batch of earnings reports and forecasts jumped back into stocks after a two-day slide. Stocks posted big gains Thursday as investors snapped up financial shares after several banks said...
Lawsuit alleges NM broker evading damage suit
6:01
A former investment officer for a state educational pension fund says a politically connected Santa Fe broker and his father are dodging a whistleblower lawsuit alleging improper political pressures on investment...
NJ airport guard pleads not guilty to Obama threat
6:00
An airport security guard who was overheard saying he had "cut a hole in a fence to be able to shoot" Barack Obama pleaded not guilty Thursday to making terroristic threats against the president. John Brek appeared via...
RightNow swings to a profit in 3rd-quarter
5:57
Rightnow Technologies Inc., a customer support software maker, said Thursday it swung to a profit in the third quarter on higher revenue. The company earned $2 million, or 6 cents per share, during the July-September...
Woof 3Q profit rises, co. cuts outlook
5:54
Veterinary services provider VCA Antech Inc. said Thursday third-quarter profit edged up, but shares fell in aftermarket trading as the company cut guidance. Quarterly profit rose less than 2 percent to $36.4 million...
Occidental's oil production jumps, profits slump
5:51
Occidental Petroleum says it's producing more crude and making more money off of it in the third quarter even though profits slumped compared with last year when energy prices were at record highs. The rebound in crude...
Cheesecake Factory posts 38 pct gain in 3Q profit
5:50
Restaurant operator The Cheesecake Factory Inc. said Thursday its third-quarter profit rose 38 percent as it cut $8 million in costs and rolled out expanded menu offerings. Quarterly profit rose to $16.3 million, or 27...
Colo. college leaders seek higher ed rescue plan
5:49
Racing to come up with proposals to save higher education from a financial cliff, Colorado's college presidents held a brainstorming summit Thursday at the state Capitol to come up with new ideas that all of them could...
Panel suggests director for Ohio's auto industry
5:46
A panel of state lawmakers searching for ways to revitalize Ohio's auto industry recommends the creation of a state auto development director. The state legislative committee also suggests using tax credits to create...
Capital One posts first profit in a year
5:46
Capital One Financial Corp. on Thursday posted its first quarterly profit in a year, boosted by sales in its investment portfolio and lower funding costs. The McLean, Va., company, one of the largest U.S. credit card...
Chubb 3Q profit more than doubles, guidance raised
5:44
Chubb Corp. said Thursday that its third-quarter profit more than doubled as a quiet hurricane season trimmed catastrophe losses and helped offset a decline in written premiums. The Warren, N.J.-based company also...
Nucor: Cost of carbon legislation still a concern
5:40
The head of steelmaker Nucor Corp. indicated Thursday that the possible cost of any carbon legislation that emerges from Congress is still a key concern as the company decides whether to build a pig iron plant in...
How the major stock indexes fared on Thursday
5:38
Investors encouraged by a good batch of earnings reports and forecasts jumped back into stocks Thursday after a two-day slide. Stocks posted big gains as investors snapped up financial shares after several banks said...
Treasurys dip as stocks rise, auctions planned
5:34
Treasury prices mostly fell for the second straight day on Thursday as investors again favored stocks and as the Treasury Department announced its latest round of auctions. In late trading, the benchmark 10-year...
State Street CEO Logue to retire in March
5:27
State Street Corp. said Thursday that Chairman and CEO Ronald Logue will retire in March under a succession plan that will promote President and Chief Operating Officer Jay Hooley to the bank's CEO post. Logue, 64,...
Chipotle boosts Q3 profit 77 pct
5:26
Chipotle Mexican Grill Inc. said its third quarter profit climbed almost 77 percent, thanks in part to the addition of new restaurants. The burrito eatery earned $34.5 million, or $1.08 per share, during the three...
Healthways 3Q profit falls on revenue dip
5:23
Wellness-program provider Healthways Inc. said Thursday its third-quarter profit plunged on lower program revenue and higher costs, though the company boosted its full-year outlook. The company earned $8.8 million, or...
Money fund assets fell to $3.372T in latest week
5:23
Total money market mutual fund assets fell by $31.27 billion to $3.372 trillion for the week, the Investment Company Institute said Thursday. Assets of the nation's retail money market mutual funds fell by $11.66...
NY commission fines lobbyists for violations
5:22
New York's Commission on Public Integrity says it has settled nine complaints against three related lobbying firms for violations in 2003 and 2004 for $60,000. According to the commission, Powers Crane & Company,...
Select Comfort profit bounces above expectations
5:18
Mattress maker Select Comfort Corp. on Thursday reported a surge in third-quarter earnings and said it will post a profit for the full year as business begins to stabilize, sending shares up more than 6 percent in...
Align reports 3Q loss on settlement charge
5:16
Dental products company Align Technology Inc. said Thursday that hefty costs for a patent lawsuit settlement caused a third-quarter loss, but adjusted profit topped Wall Street expectations. The company lost $49.9...
NH, workers' union talking about return to table
5:16
A week after 250 New Hampshire workers got layoff notices, the state and union representing the workers are considering resuming talks over ways to cut costs _ though the two sides are far apart over whether the layoffs...
Ford, UAW see opposition to contract changes
5:13
Ford Motor Co. and the United Auto Workers union, which have agreed to proposed contract changes that would lower the automaker's labor costs, are running into opposition from some workers who say they've given too much...
Perot Systems wins Esurance contract
5:13
Perot Systems Corp. said Thursday it had won a 5-year contract to migrate and host the PeopleSoft application at auto insurer Esurance, as well as provide service desk assistance. Terms of the agreement were not...
Fed outlines plan to police bank pay
5:11
The Federal Reserve would police banks' pay policies to ensure they don't encourage employees to take reckless gambles like those that contributed to the financial crisis, according to a proposal unveiled Thursday. ...
GATX third-quarter profit falls 73 percent
5:09
Rail and marine leasing company GATX Corp. said Thursday that its third-quarter profit fell more than 73 percent to $19.6 million as sales plunged 27 percent. The net income for the three months ended Sept. 30 was...
Antitrust move poses few risks to health insurers
5:07
Democratic lawmakers are seeking to stir up competition by stripping health insurers of their protection from certain federal antitrust laws, although experts shrug off the effort as largely symbolic. Speaker Nancy...
China BAK sells shares, warrants for $21 mln
5:05
Rechargeable lithium battery cell maker China BAK Battery Inc. said Thursday it has agreed to sell shares and warrants that will result in gross proceeds of $20.6 million. The company said it would sell 5.79 million...
Mich. regional jobless rates down in 11 markets
5:05
Unemployment rates have edged lower in 11 of Michigan's 17 major labor markets. Unlike national and state rates, the regional unemployment rates reported Thursday for September aren't seasonally adjusted. Michigan's...
International Paper lays off 1,600, closing mills
5:03
International Paper Co., the world's largest maker of cardboard box materials, said Thursday it is cutting 1,600 positions _ nearly 3 percent of the current payroll _ as it brings capacity into line with sharply...
Activist claims win at Texas Industries
5:03
A shareholder activist group said it believed its board nominees and proposals were approved during a Thursday meeting at cement maker Texas Industries Inc., but the company said final results aren't due until next...
UPS reports much smaller 3Q profit
4:59
Profits and sales were down for another quarter at UPS, but investors will look ahead to the upcoming holiday season to see if the world's largest shipping carrier _ and the U.S. economy _ are truly on the road to...
Sterling Bancshares posts 3Q loss on loan charges
4:59
Texas bank holding company Sterling Bancshares Inc. on Thursday posted a third-quarter loss, reversing a year-ago profit, as the weak economy forced the company to set aside more money to cover loan losses. The...
Banks cut back on emergency loans from Fed
4:56
Banks cut back on loans from the Federal Reserve's emergency lending program over the past week, a sign some credit problems are easing as the economy recovers. The Fed on Thursday said commercial banks averaged $23.8...
Pa. fines Cabot $56,650 for 3 chemical spills
4:53
State environmental regulators are imposing fines against Cabot Oil and Gas Corp. after the gas-exploration company reported three chemical spills in northeastern Pennsylvania. The Department of Environmental...
US Airways posts 3Q loss, says economy improving
4:47
US Airways joined formation with the other big carriers and reported a third-quarter loss on Thursday as it cut fares and flew less. The carrier lost $80 million as revenue fell 16.6 percent from the same period last...
2 staffing firms up after 3Q earnings surprise
4:47
Shares of Robert Half International and Dice Holdings Inc. rose Thursday, after the staffing companies posted better-than-expected third-quarter earnings. Credit Suisse analyst John Blackledge upgraded Dice Holdings to...
Airlines tell a tale of 2 camps _ profit vs. loss
4:43
The recession has put the major U.S. airlines into two camps _ the profitable ones that have low costs and a domestic focus, and the money-losing ones with higher expenses and big networks that are under global...
Burlington Northern 3Q profit falls 30 percent
4:40
The country's second-largest railroad, Burlington Northern Santa Fe Corp., said Thursday its third-quarter earnings dropped 30 percent because people still weren't buying more goods in stores and industrial production...
Caterpillar picks Oberhelman as next CEO
4:40
Caterpillar Inc. said Thursday one of its longtime executives, Douglas Oberhelman, will become the company's CEO next July, a move seen as likely to reinforce the heavy equipment maker's focus on global expansion. ...
SEC brings charges over 'free lunches'
4:37
Federal regulators on Thursday accused a real estate funds promoter and former brokerage executive with bilking mostly elderly investors of about $12 million by using "free lunch" seminars to lure them to invest. The...
Nissan NA sets tour to show off all-electric Leaf
4:29
Nissan Motor Co. will show off the automaker's all-electric Leaf in a North American tour starting Nov. 13 in Los Angeles. Franklin, Tenn.-based Nissan North America said in a statement Thursday that the Los Angeles...
Agriculture futures trade mixed on the CBOT
4:29
Agriculture futures were mixed Thursday on the Chicago Board of Trade. Wheat for December delivery jumped 9.25 cents to $5.5175 a bushel, while December corn gained 5.25 cents to $4.035 a bushel and oats for December...
Meltdown 101: How does a hedge fund work?
4:26
The arrest of a billionaire in an insider trading case last week drew new attention to hedge funds _ investment firms that, for many, evoke an exclusive world where the super rich use exotic investing techniques to grow...
Income, wealth of some famous Norwegians
4:26
A glance at the finances of some famous Norwegians, from an online database by national broadcaster NRK, based on government tax records (numbers reflect only income taxable in Norway, which for Norwegians working...
Lutefisk and loot: Tax records open in Norway
4:21
It's the moment nosy Norwegian neighbors have been waiting for _ the release of official records showing the annual income and overall wealth of nearly every taxpayer in the Scandinavian country. In a move that would...
Va. gov vows aid to workers hurt by plant closing
4:20
Calling International Paper Co.'s plan to idle its Franklin plant "a deep blow" to Virginia, Gov. Timothy M. Kaine is promising help to the nearly 1,100 families affected by the closure. Kaine said Thursday that he...
Commodities retreat as dollar moves higher
4:18
Most commodities fell Thursday as the dollar recouped some of its losses against other currencies. The ICE Futures U.S. dollar index rose 0.2 percent in afternoon trading. Commodities, which are priced in dollars, tend...