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Stocks pull back for a 3rd straight day

Jessica Stanley — Fri, 20 Nov 2009 22:27:11 GMT

Stocks closed out the week with double digit losses. The Dow shed 13 points, and the NASDAQ dropped 11. Natural gas prices have slipped by more than 15% in the past month.

More stores offer 'extreme' shopping

Fri, 20 Nov 2009 15:10:22 GMT

Bargain hunters looking to nab deals right after (or before) devouring their turkey are being bombarded with even more shopping options this year.

Sour outlook for holiday gift cards

Fri, 20 Nov 2009 15:04:57 GMT

Gift card sales, which took a hit last year, are not expected to revive this holiday season as shoppers stretch their budgets by buying at deep discounts.

The blue chips close in the red

Jessica Stanley — Thu, 19 Nov 2009 22:30:36 GMT

It was red arrows across the board for the second day in the row. The market's recent rally paused for the second straight day on Thursday. The Dow lost 94 points, and the NASDAQ slipped 36.

FAA: Computer system working again

Thu, 19 Nov 2009 13:51:44 GMT

A problem with the FAA system that collects airline flight plans caused widespread flight cancellations and delays nationwide Thursday, the second time in 15 months that a glitch created such problems.

Possible holiday delay for new e-reader

Thu, 19 Nov 2009 13:06:47 GMT

Sony Corp. says some customers who pre-order its newest e-reader may not get the gadget in time for the holidays.

Stocks fall from a 13 month high

Jessica Stanley — Thu, 19 Nov 2009 04:28:57 GMT

The blue chips dipped for the first time this trading week, falling from a 13 month high. The Dow and NASDAQ each lost eleven points.

California: More energy efficient TVs

Wed, 18 Nov 2009 19:51:04 GMT

Power-hungry TVs will be banned from store shelves in California after state regulators Wednesday adopted a first-in-the-nation mandate to reduce electricity demand.

Weak home building a drag on recovery

Wed, 18 Nov 2009 17:08:31 GMT

The budding economic recovery is getting little help from the home building industry, which normally creates jobs and boosts growth as a recession ends.

Delta, SkyTeam offer $1 billion to JAL

Wed, 18 Nov 2009 15:57:07 GMT

Delta Air Lines and its alliance partners said Wednesday they are making a billion dollar offer to lure loss-making Japan Airlines from its affiliation with American Airlines.

Microsoft told to stop some sales

Wed, 18 Nov 2009 14:06:23 GMT

A Beijing court has ordered Microsoft Corp. to stop selling some versions of its Windows operating system in China in a licensing dispute with a local supplier.

Holiday shoppers digging deep for cash

Julie Tremmel — Wed, 18 Nov 2009 14:01:18 GMT

Shoppers are ‘going green’ this holiday season, pulling good old fashioned cash out of their wallets, and that has retailers concerned.

Senate hears need for overdraft control

Wed, 18 Nov 2009 13:53:48 GMT

Consumer advocates urged Congress to move forward on legislation to curb bank practices under which a cup of coffee bought with an overextended debit card can turn into a $40 expense.

Oil fuels rebound late in the day

Wed, 18 Nov 2009 13:34:02 GMT

A rise in energy prices gave the Blue chips a boost in the last hour of trading. The Dow tacked about 30 points and the NASDAQ rose 6.

Senators blast Web sites for scams

Wed, 18 Nov 2009 12:55:47 GMT

With Cyber Monday nearing, a Senate committee Tuesday condemned three online companies, saying they are tricking consumers into signing up for subscription services they don't want.

Ford, Subaru, VW top safe vehicle list

Wed, 18 Nov 2009 12:30:31 GMT

Ford, Subaru and Volkswagen sit atop the insurance industry's annual list of the safest new vehicles, according to a closely watched assessment used by car companies to lure safety-conscious consumers to showrooms.

Health group: High lead levels in toys

Wed, 18 Nov 2009 12:15:37 GMT

Children's toys carrying the Barbie and Disney logos have turned up with high levels of lead in them, according to a California-based advocacy group — a finding that may give consumers pause as they shop for the holiday season.

Senators at odds over BoA, Merrill deal

Tue, 17 Nov 2009 18:10:21 GMT

A senior House Democrat said Tuesday the government didn't force Bank of America to take over Merrill Lynch, but Republicans charged that a committee inquiry was covering up the role of an Obama administration official.

Priceline.com: Holiday airfares vary

Tue, 17 Nov 2009 17:02:50 GMT

Priceline.com says average holiday airfares for Thanksgiving and the December holiday season are getting more expensive, but airfares vary depending on exactly which day you fly.

Dell makes move to bamboo packaging

Tue, 17 Nov 2009 15:56:49 GMT

Dell is among the first companies to use bamboo in this way. Others include Method Products Inc., a maker of environmentally friendly cleaning supplies.

T-Mobile resumes sale of Sidekicks

Tue, 17 Nov 2009 15:07:57 GMT

T-Mobile USA resumed selling Sidekick phones Tuesday, more than a month after a server meltdown at Microsoft Corp. caused contact numbers, pictures and other personal information to disappear from many of the phones.

A strong start to the trading week

Tue, 17 Nov 2009 14:36:55 GMT

The Blue Chips got a big boost in trading on Monday. The Dow tacked on about 137 points and the NASDAQ gained about 30 points.

Mortgage delinquencies hit record in 3Q

Tue, 17 Nov 2009 14:27:39 GMT

The pace at which people fell behind on their mortgages slowed during the summer for the third consecutive quarter, but the overall delinquency rate hit another record, a new report shows.

Costco stops carrying Coke drinks

Tue, 17 Nov 2009 14:01:46 GMT

Costco customers may have to look elsewhere for Coca-Cola products now that the retailer has stopped carrying them because the pair are fighting over prices.

Fed cracks down on gift card abuses

Mon, 16 Nov 2009 20:46:37 GMT

The Federal Reserve on Monday proposed new rules to protect consumers from unexpected costs or restrictions on gift cards.

Post office $3.8B in the red last year

Mon, 16 Nov 2009 20:34:50 GMT

The Postal Service reported a net loss of $3.8 billion for the 2009 fiscal year, about $1 billion more than the previous year.

Lowe's 3Q profit off 30%

Mon, 16 Nov 2009 16:45:43 GMT

Lowe's Cos., the No. 2 home-improvement retailer, said Monday third-quarter profit fell 30 percent as consumers worried about jobs and home values spent on smaller projects like painting but held back on larger jobs.

Retail sales rise 1.4 pct in October

Mon, 16 Nov 2009 13:44:16 GMT

Retail sales rose more than expected in October due largely to a big rebound in auto sales. But broader consumer spending remains under pressure, raising questions about the durability of the recovery.

Stocks end the week on an up note

Jessica Stanley — Sat, 14 Nov 2009 00:38:29 GMT

The blue chips resumed their rally on the trading floor on Friday. The Dow gained 73 points, and the Nasdaq rose nineteen. New details on what sparked a big jump in the nation's trade deficit back in September.

Unemployment falls to new low for 2009

Jackie Brousseau — Thu, 12 Nov 2009 23:10:07 GMT

The number of people filing for unemployment benefits fell more than estimated last week. The Labor Department says first time claims dropped to 502,000, the lowest number since the first week of 2009.