Business
Asia stocks track US higher; Europe narrowly mixed
Asian stocks extended their gains Tuesday after Wall Street touched its highest level for 2009 amid optimism low interest rates would continue to power this year's rally in global markets. European shares were narrowly mixed.
New Nov 10, 2009 | 3:05 am
Bill Clinton meets with Senate Dems on health care
Former President Bill Clinton knows just how high the political stakes are in the fight to overhaul America's health care system.
Nov 10, 2009 | 2:35 am
Petters associate explains how alleged scam worked
A key figure in the case of a Minnesota businessman accused of orchestrating a massive Ponzi scheme acknowledged Monday that he was a disbarred lawyer with a criminal record who had entered the federal witness protection program decades earlier.
Nov 09, 2009 | 10:40 pm
Mutual of Omaha settles 'aha' suit against Winfrey
Mutual of Omaha may have had its own "aha moment." The insurance company has decided to settle its lawsuit against Oprah Winfrey's production company over rights to the phrase.
Nov 09, 2009 | 10:25 pm
Feds seize assets of Fla. lawyer in Ponzi probe
Federal prosecutors accused a high-profile South Florida attorney of concocting a Ponzi scheme that lured millions of dollars from investors with promises of big payoffs from legal settlements that never existed, according to court documents filed Monday.
Nov 09, 2009 | 9:35 pm
EU objects to Oracle's takeover of Sun
European antitrust regulators have formally objected to Sun Microsystems Inc.'s planned $7.4 billion sale to Oracle Corp., escalating a battle over a deal that has already been cleared in the U.S.
Nov 09, 2009 | 8:20 pm
Google snaps up mobile ad startup for $750 million
Google Inc. is buying mobile advertising network AdMob for $750 million, underscoring the Internet search leader's determination to ensure its marketing machine reaches the growing number of people surfing the Web on phones.
Nov 09, 2009 | 6:05 pm
Economic forecasts in bank tests miss their mark
All but one of the 19 largest banks have raised the extra capital cushion regulators said they'd need to withstand a deeper recession _ a sign, the Treasury secretary said, of how much the financial system has improved since the crisis began.
Nov 09, 2009 | 6:05 pm
Electronic Arts acquires Playfish for $275 million
As its packaged video games business lags, Electronic Arts Inc. has snapped up Playfish Inc., the creator of popular social networking games such as "Who Has the Biggest Brain" and "Pet Society," for $275 million in cash.
Nov 09, 2009 | 6:00 pm
EA posts 2Q loss, cutting 17 pct. of work force
Electronic Arts plans to cut its work force by 17 percent as it tries to align its business with a transforming video game industry.
Nov 09, 2009 | 5:55 pm
Dow jumps 204 to high for year as dollar slumps
The Dow Jones industrial average stormed to its highest level in more than a year Monday as a falling dollar boosted prices for gold, oil and other commodities. Stocks also jumped as investors grew more confident that governments around the world will keep interest rates low to help the g…
Nov 09, 2009 | 5:20 pm
Insurance losses lead to 3Q loss at MBIA
MBIA Inc. said Monday that it incurred heavier losses in its insurance business than expected, saddling the bond insurer with a third-quarter loss after two straight quarters of profits.
Nov 09, 2009 | 5:15 pm
Weak dollar pushes gold above $1,100 an ounce
Gold prices climbed to another new high Monday as the U.S. dollar sank to a 15-month low.
Nov 09, 2009 | 5:00 pm
Sprint plans to cut up to 2,500 jobs
Sprint Nextel Corp. on Monday said it will cut 2,000 to 2,500 jobs, mostly before the end of the year, as it keeps losing subscribers.
Nov 09, 2009 | 4:55 pm
Fannie Mae tax credit decision could cost $5.2 bln
Fannie Mae said Monday it may have to ask the government for more financial assistance because the company cannot sell $5.2 billion in tax credits.
Nov 09, 2009 | 4:50 pm
Deadline in Google book deal extended to Friday
A judge has given Google Inc. more time to revise a legal settlement that has drawn government scrutiny because it would give the Internet search leader the digital rights to millions of out-of-print books.
Nov 09, 2009 | 4:45 pm
Kraft's $16.4B Cadbury bid starts takeover tussle
Kraft Foods has gone hostile in its bid to buy Cadbury but didn't sweeten its first bid, drawing an immediate rejection from the British candy maker in what is likely to be a lengthy takeover struggle.
Nov 09, 2009 | 4:30 pm
Airlines boost on-time arrivals in September
The nation's airlines are offering fewer flights, but at least they're more likely to arrive on time now.
Nov 09, 2009 | 2:40 pm
Fed says banks eye tighter terms on credit cards
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.
Nov 09, 2009 | 2:25 pm
Energy prices jump even as Gulf storm weakens
Oil prices shot above $80 a barrel Monday as a weakened U.S. dollar created more turbulence in energy markets than a tropical storm heading into the Gulf of Mexico.
Nov 09, 2009 | 2:15 pm
