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Business
Sales rebound, easing concerns
WASHINGTON.
Retail sales in the U.S. rebounded more than forecast as demand for autos climbed, and a regional gauge of manufacturing showed expansion for a fourth month, easing concern the recovery will cool after government incentives end.
Business
Now that’s what we’d call a real wonder bra
Dr. Elena Bodnar won an Ig Nobel Award for her work with life-saving undergarments. That’s right:
Business
MoneyGram to pay $18M in deal over fraud claims
MoneyGram International will pay $18 million to settle charges it turned a blind eye to fraud perpetrated by people who used the money transfer company to receive funds, the Federal Trade Commission said yesterday.
National
Experts: Homegrown terror biggest threat
Terrorist incidents over the past 12 months show that Islamic extremists within the U.S. increasingly are launching attacks against targets such as military bases, antiterrorist experts said Thursday.
International
OPRAH TO QUIT IN ’11
The end is near.
Business
Wall Street dips after bad outlook for Target
NEW YORK.
U.S. stocks fell yesterday after discount retailer Target gave a cautious holiday season outlook, but positive brokerage comments on tech bellwether Microsoft helped limit losses.
Business
GM posts loss of $1.2B
DETROIT.
General Motors Co. said yesterday it lost $1.2 billion in a bankruptcy-shortened third quarter, but it vowed a quick repayment of $8 billion owed to the United States and Canada.
Business
Wal-Mart: $20 meal for 8 people
NEW YORK.
Wal-Mart has cut prices on turkeys and other Thanksgiving staples. U.S. stores began yesterday selling whole, 12-pound turkeys for 40 cents a pound. That’s a third of last Thanksgiving’s average price.
Business
Wal-Mart cuts toy prices even further
NEW YORK.
Wal-Mart is dropping prices on toys for the second time this holiday season in an attempt to cement itself as the “price leader” across the nation.
Business
Campbell sued over fragrance
A fragrance marketing company is suing Naomi Campbell for breach of contract, saying the supermodel withheld millions of dollars in profits that she owed the company for a fragrance it helped her develop.
Business
NY’s Dr. Doom: The recession is over
The U.S. economy’s worst recession since the 1930s seems to be over, said Nouriel Roubini, the New York University professor who predicted the financial crisis.
Business
Amtrak’s loss: $32 for each passenger
NEW YORK.
American taxpayers shelled out an average of $32 per Amtrak passenger in 2008, according to a study by Subsidyscope, a unit of Pew Charitable Trusts.
Business
McDonald’s shuts down business in Iceland
REYKJAVIK, ICELAND.
McDonald’s Corp. will shutter its business in Iceland because it is too expensive for the franchise to operate after the country’s financial crisis.
Business
Yahoo: Sorry for strippers
Jobs is No. 1 entrepreneur
China’s rich recover easily
Top court to hear Enron appeal
Chicken wings go up in price
Survey says: ‘Great recession is over’
Bottle design of the century
Foreclosures
Wells Fargo raises credit rates early
Calif. hotel foreclosures way up as travel plunges
Business
Service business showing growth
Air India’s rumble in the jumbo
U.S. spending makes a jump
President pledges $5B for research, job creation
Toy makers hope low cost keeps holiday season hot
Federal Reserve proposes credit card payment changes
Takeover news lifts Wall Street
Fisher, founder of Gap, dies
Air France to offer new premium perks
Best firms for working moms
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