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Tokyo Company Buys P&G Business

Posted: 07/31/2009 - The Procter & Gamble Co. has sold Japanese market rights for its osteoporosis treatment to Ajinomoto Co. for $210 million.

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Preliminary Bids For Boston Globe

Posted: 07/31/2009 - The Boston Globe is reporting that two Boston groups have submitted preliminary bids to buy the newspaper.

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YRC Worldwide Posts Huge 2Q Loss As Demand Drops

Posted: 07/31/2009 - YRC Worldwide posts a huge second-quarter loss as customers defected amid bankruptcy rumors and the recession continued to depress shipping demand overall.

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Employment Costs 1.8 Percent In Past 12 Months

Posted: 07/31/2009 - Employment compensation for U.S. workers has grown over the past 12 months by the lowest amount on record, reflecting the severe recession that has gripped the country.

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Banks Edge Up Borrowing From Fed Emergency Program

Posted: 07/30/2009 - Banks nudged up borrowing from the Federal Reserve's emergency lending facility over the past week, but cut back on other programs designed to ease the financial crisis. The overall picture, though, still suggests some credit stresses are easing.

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Southwest Makes Bid To Buy Frontier Airlines

Posted: 07/30/2009 - Discount carrier Southwest Airlines Co. makes a bid to acquire Frontier Airlines Holdings Inc., which is operating under bankruptcy protection.

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Stocks Rise Sharply

Posted: 07/30/2009 - After a brief pause, investors may be ready to resume the stock market's July rally.

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Waste Management's 2Q Profit Down On Recycling

Posted: 07/30/2009 - Waste Management, the nation's largest trash hauler, says its second-quarter profit fell sharply due largely to a continuing drop in recycling prices.

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New Jobless Claims Rise More Than Expected

Posted: 07/30/2009 - The government says the number of newly laid-off workers filing first-time claims for jobless benefits rose last week, though the increase was mostly due to seasonal distortions.

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Judge Allows Tesla Founder's Lawsuit To Proceed

Posted: 07/29/2009 - A judge is refusing to toss out a lawsuit by a founder of Tesla Motors that accuses the electric car maker and its chief executive of libel, slander and several other allegations.

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Sen, Murray, Rep. Tierney Pitch Job Training Bill

Posted: 07/29/2009 - U.S. Sen. Patty Murray wants to put $912 million into a new national center that would invite states to compete for money for innovative job training programs.

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Hartford Financial Posts 2Q Loss

Posted: 07/29/2009 - Hartford Financial Services says it lost $15 million in the second quarter, weighed down by losses on investments and a decline in premiums.

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Visa Quarterly Profit Jumps 72 Percent

Posted: 07/29/2009 - Visa Inc.'s fiscal third-quarter profit jumped 72 percent, as global payment processing volume offset a slight volume decline in the United States.

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Snorkel Makes Layoffs Permanent

Posted: 07/29/2009 - An aerial lift platform company has announced 70 layoffs because of deteriorating business conditions.

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Stabilization Seen In Some Regions

Posted: 07/29/2009 - The economy is finally beginning to show signs of stabilizing in some of the country, bolstering hopes of a broader-based recovery this year.

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