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November 09, 2009
Cadbury rejects new Kraft’s $16.4 billion bid
Kraft Foods Inc. launched a 9.8 billion pound ($16.4 billion) hostile bid for Cadbury PLC on Monday — refusing to sweeten a previous offer rejected by the British candy maker.
February 12, 2009
NC university teaches students how to start a small business
A North Carolina university plans programs this fall to teach students how to start the small businesses. The University of North Carolina at Greensboro program is aimed at small business because professors think those will create more jobs over the next 30 years.
February 04, 2009
Stocks fall on worries about consumer companies
Wall Street is now worrying about the companies usually seen as safe havens.
February 02, 2009
Tech stocks rise but broader market declines
Investors worrying about a deepening recession have been cherry-picking stocks, sending tech shares higher and financials and blue chips lower.
January 28, 2009
Fed pledges to use all tools to help economy
The Federal Reserve says the economy has weakened further and signaled it will keep a key interest rate near zero for quite “some time” to cushion the fallout.
January 27, 2009
Stocks rise following US Steel, Amex earnings
Some of Wall Street’s earnings anxiety is easing - at least for the time being.
January 26, 2009
Stocks fluctuate on anxiety over earnings reports
Wall Street has managed an advance the hard way - zigzagging in response to a mix of earnings and economic news before closing moderately higher.
January 21, 2009
Tech, financial stocks lead Wall Street higher
IBM has given Wall Street a reprieve from bad news and investors have responded by giving stocks a big rebound from their Inauguration Day plunge.
January 19, 2009
Rescue efforts show difficulty of fixing bank woes
The day before President-elect Barack Obama takes office, the escalating problems facing major banks around the world couldn’t be clearer.
January 16, 2009
Bank of America announces earnings early
Bank of America is announcing its fourth-quarter results ahead of the previously scheduled date.
January 14, 2009
Stocks fall on retail sales news
Stock prices have finished the day lower yet again, with the Dow losing about 250 points on the day.
January 13, 2009
Citigroup, Morgan Stanley merge brokerages
Citigroup and Morgan Stanley are combining their brokerages in a deal that shows how much Citigroup wants to slim down and build up cash.
Stocks settle mixed
Stock prices bounced off their lows of the session to close mixed.
January 10, 2009
Citigroup, Morgan Stanley talk about merging units
A person familiar with the talks says negotiations are underway between Citigroup and Morgan Stanley about a deal one economist says could be the unraveling of the Citi monolith.
January 06, 2009
Stocks finish moderately higher on Fed minutes
Wall Street has dismissed more bad economic news and is finishing with a moderate advance that leaves stocks at their highest levels in two months.
January 05, 2009
Dec. auto sales fall more than 30 percent for GM, Ford,
U.S. auto sales plummeted last month.
January 02, 2009
Wall Street enjoys upbeat start to 2009
Wall Street started the new year with a big rally, sending the Dow Jones industrials up more than 250 points and to their first close above 9,000 in two months.
Wall Street sees quiet start to 2009
Wall Street is largely brushing off a weaker-than-expected report on the manufacturing sector.
December 26, 2008
Brother: Madoff suicide investor lost own money
He didn’t just lose his clients’ money with Bernard Madoff.
December 23, 2008
Madoff investor found dead of possible suicide
The founder of a hedge fund that invested with Bernard Madoff has been found dead at his Manhattan office.
December 21, 2008
AP study finds $1.6B went to bailed-out bank executives
Banks that are getting taxpayer bailouts awarded their top executives nearly $1.6 billion in salaries, bonuses and other benefits last year.
December 19, 2008
Citizens Financial Group to lay off 900 workers
Citizens Financial Group says it’s laying off 900 employees.
Stocks finish mixed
Stocks closed mixed, but little changed today as investors considered the ramification of the government’s plan to help the ailing auto industry.
December 16, 2008
Stocks soar on Fed rate cut
Stock prices closed sharply higher on Wall Street.
Stocks soar on Fed rate cut
Stock prices closed sharply higher on Wall Street.
SEC staff failed to probe Madoff: Cox
Staff at the Securities and Exchange Commission failed many times over a decade to fully investigate credible allegations of wrongdoing by money manager Bernard Madoff, the head of the SEC says, calling it a serious agency breakdown.
Fed cuts target for key rate to record low
The Federal Reserve has cut its target for a key interest rate to the lowest level on record and pledged to use “all available tools” to combat a severe financial crisis and prolonged recession.
December 11, 2008
Bank of America to cut thousands of jobs
Bank of America Corp. says it expects to eliminate 30,000 to 35,000 jobs over the next three years.
December 05, 2008
Stocks rebound
Stocks have shaken off the losses that mounted following the worst monthly employment report in 34 years.
December 02, 2008
GM, Ford, Honda, Toyota report lower November sales
There’s not much besides bad news in the latest auto sales figures released today, as consumer concern about the slumping economy continues.
