Business
Updated over 1 year ago
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Job seekers look for work on a bank of computers set up at Workforce One in Hollywood, Fla. The unemployment rate may be about to rise again. Economists are bracing for a weak showing in the August employment report.


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The developers planning to build a $100 million Islamic center near the World Trade Center site are nearly a quarter-million dollars behind on real estate taxes and late fees.
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Members of the band War say they can't be friends with Pepsi. The band is suing for more than $10 million, saying it did not negotiate with them to use the song "Why Can't We Be Friends" in a commercial.
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A large building-maintenance company will pay $5.8 million to settle a sexual harassment lawsuit brought by the government involving 21 Hispanic female workers.
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Mariner Energy, Inc. shares dropped more than 4 percent Thursday following news that one of its production platforms exploded in the Gulf of Mexico.
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Baby carrot farmers are launching a campaign that pitches the little, orange, crunchy snacks as daring, fun and naughty — just like junk food. Baby carrot farmers are launching a campaign that pitches the little, orange, crunchy snacks as daring, fun and naughty — just like junk food.


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The number of buyers who signed contracts to purchase previously occupied homes increased in July but remained well below last year's levels, a sign that demand for housing remains weak.
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The bidding contest between computer makers Hewlett-Packard and Dell for the data storage company 3Par is heating up.
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The Fed chief is set to appear before a panel investigating the financial crisis to give his take on the meltdown and his views on potential risks posed by large financial institutions.
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The number of people requesting unemployment benefits declined for the second straight week, suggesting that the slowing economy isn't prompting widespread job cuts.
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Retailers are reporting surprisingly solid gains for August even as unusually hot weather and job worries kept a lid on back-to-school buying.
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Vehicles for sale are parked at a Cadillac dealer in Sherman Oaks, Calif. GM plans to begin courting investors for its IPO immediately after the Nov. 2 U.S. midterm congressional elections.Automaker General Motors Co plans to begin courting investors for its initial public offering immediately after the November 2 U.S. midterm congressional elections.


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The plunge in interest rates has put the nation’s public and private pension funds badly underfunded, leaving pension fund managers with a giant hole to fill.
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Using bogus claims, fake testimonials and slick marketing tricks, companies have sold hundreds of millions of dollars worth of acai berry supplements. The exotic acai berry has been the superstar in the world of diet supplements. But the federal government is cracking down on false advertising claims and unlawful payment practices.


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Former Lehman Brothers Chairman and CEO Richard Fuld testifies before the Financial Crisis Inquiry Commission for a hearing about extraordinary government intervention and the recent financial crisis, on Capitol Hill.The former chief of Lehman Brothers told a panel investigating the financial crisis that the Wall Street firm could have been rescued, but regulators' refused to helps.


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An angry boss may be just the thing to incite innovation among employees. That's according to a Dutch study showing that some people perform better after receiving angry feedback on an assignment.
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Major banks are agreeing to give local governments and nonprofit groups the ability to buy foreclosed homes before they are sold to private investors.
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Mortgage applications rose 2.7 percent last week as more borrowers took advantage of the lowest rates in decades to reduce their monthly loan payments.
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The Institute for Supply Management, or ISM, said Wednesday its monthly manufacturing report showed a stronger-than-expected reading in August.
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Burger King, the No. 2 U.S. hamburger chain, has been considering a possible sale and has held talks with potential buyers, a source familiar with the situation says.
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U.S. private employers unexpectedly cut 10,000 jobs in August compared to a revised gain of 37,000 in July, a report by a payrolls processor showed on Wednesday.
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Stock futures surged Wednesday after upbeat signs of growth in China and Australia lessened worries about a global economic slowdown.
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Mike Choi's townhouse in Connecticut has two bedrooms. But he lives in the basement, renting out the upstairs rooms to help pay down his lost equity. A broad swath of homeowners — those not headed for the worst-case scenario of foreclosure — are nonetheless grappling with the impact of lost home equity.


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The NFL plans to welcome the start of its regular season next week with a $50 million "Back to Football" marketing campaign.
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Struggling book seller Borders Group Inc. said Tuesday that it is revamping its loyalty card program and adding a paid option.
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Mark Hurd, who was ousted as CEO of Hewlett Packard Co. following allegations of sexual harassment, will not run for re-election to News Corp.'s board of directors.
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A mixed picture of U.S. banks emerged as the industry posted its highest quarterly earnings in nearly three years while the number of troubled institutions grew by more than 50.
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A security guard adjusts his cap behind a Qilin sculpture, a mythical Chinese chimerical creature that resembles a unicorn, at Beijing's Financial Street. Experts point to changes China needs to make if it wants to sustain its tremendous economic growth. Three numbers should suffice to give Chinese economic policymakers a sleepless night: 65.4 million, $28.7 billion and $2.45 trillion.


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Americans'confidence in the economy improved slightly in August, but the mood is still gloomy amid job worries, according to a monthly survey.
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Home prices rose in June for the third straight month amid a burst of home-buying due to tax incentives that have since expired.
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