Industry News

Obama: Slash corporate tax breaks

CNN - 3 hours 53 min ago
After more than a year in the making, the Obama administration on Wednesday released its plan to overhaul the corporate tax code.
Categories: Industry News

Home prices at lowest point in more than 10 years

CNN - 4 hours 21 min ago
Home prices fell to their lowest point in more than a decade in January, which helped to lift the pace of home sales, according to a report from an industry trade group.
Categories: Industry News

Stocks drift lower as market takes a breather

CNN - 4 hours 24 min ago
U.S. stocks drifted lower Wednesday amid doubts over the latest bailout for Greece and concerns about global economic growth.
Categories: Industry News

Honda recalls 46,000 Odyssey minivans

CNN - 4 hours 56 min ago
Honda is recalling 46,000 Odyssey minivans because their power tailgates, when open, can drop unexpectedly, potentially injuring anyone standing underneath.
Categories: Industry News

Consumer bureau targets overdraft fees

CNN - 5 hours 55 min ago
The new consumer bureau said Wednesday that it plans to target a kind of bank fee that makes customers see red: Overdraft protection penalty fees on checking accounts.
Categories: Industry News

Consumer bureau targets overdraft fees

CNN - 6 hours 2 min ago
The new consumer bureau said Wednesday that it plans to target a kind of bank fee that makes customers see red: Overdraft protection penalty fees on checking accounts.
Categories: Industry News

Chris Christie to Warren Buffett: Just 'shut up'

CNN - 6 hours 28 min ago
Outspoken New Jersey Gov. Chris Christie had some rather harsh words for billionaire investor Warren Buffett on Tuesday.
Categories: Industry News

Fighting back in a tough economy

CNN - 6 hours 32 min ago
It's been more than four years since the financial crisis first knocked you back on your heels. You've probably been on the defensive ever since, doing your best to deflect whatever punches the economy has thrown your way. Of course, the trick to any good rope-a-dope strategy is to sit back and let your opponent tire out before you unleash your own flurry of blows.
Categories: Industry News

Economy in recovery? Not so fast

CNN - 6 hours 38 min ago
Employers are hiring, manufacturing is revving up and stocks are rallying. It looks like the recovery could finally be taking hold.
Categories: Industry News

Investors sidelined by Greece worries

CNN - 8 hours 19 sec ago
U.S. stocks were poised for a slightly lower open Wednesday, as investors question whether Greece's newest bailout will be effective.
Categories: Industry News

China manufacturing rises to 4-month high

CNN - 8 hours 10 min ago
Chinese manufacturing continues to grow at a slow pace, edging up to a 4-month high in February, according to a preliminary report issued Wednesday.
Categories: Industry News

U.S. Investors Brace for a Third Bailout in Greece

Economy, Government & Policy - 8 hours 50 min ago

With a second bailout for Greece in the rearview, investors need to accept the idea of a third rescue for the troubled country.

Categories: Industry News

Fannie, Freddie legal fees: $110 million and counting

CNN - 10 hours 2 min ago
A watchdog agency said Wednesday that the legal tab for former leaders of mortgage finance giants Fannie Mae and Freddie Mac is at least $110 million.
Categories: Industry News

Bank of England panel split on size of stimulus

Economy, Government & Policy - 10 hours 6 min ago

Bank of England rate-setters were divided this month on the vote to inject another 50 billion pounds ($79 billion) into the British economy, with two members arguing that a bigger stimulus was needed, ...

Categories: Industry News

More Americans plan to save, not spend, their tax refund

CNN - 10 hours 12 min ago
Americans are going to be a lot more tightfisted with their tax refunds this year, with more people planning to save the cash they get back from Uncle Sam instead of spending it.
Categories: Industry News

The spectrum war's winners and losers

CNN - 10 hours 50 min ago
This is part two of a week-long series on the cell phone capacity crunch.
Categories: Industry News

Euro: Why is the Market So Reserved after Greece’s Bailout?

Economy, Government & Policy - 16 hours 28 min ago

Euro: Why is the Market So Reserved after Greece’s Bailout?

Categories: Industry News

Business Highlights

Economy, Government & Policy - Tue, 02/21/2012 - 23:06

___Greek bailout wards off disaster — for nowA second $172 billion bailout, and a deep debt write-off for financially stricken Greece, will ward off a financial disaster in Europe.Economists, however, ...

Categories: Industry News

Johnson & Johnson CEO resigns after series of missteps

CNN - Tue, 02/21/2012 - 22:48
Johnson & Johnson CEO Bill Weldon will step down in April, the pharmaceutical giant announced Tuesday.
Categories: Industry News

Alibaba wants to take Web unit private

CNN - Tue, 02/21/2012 - 22:44
Chinese Internet giant Alibaba, which has been in the headlines lately for its tussles with stakeholder Yahoo, wants to take its publicly traded Web portal private.
Categories: Industry News
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