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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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American Express Repurchases TARP Warrants

Posted: 07/29/2009 - American Express says it has repurchased warrants issued to the government as part of the Troubled Asset Relief Program for $340 million.

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Durable Goods Orders Drop 2.5 Percent In June

Updated: 07/29/2009 - Orders to U.S. factories for big-ticket durable goods plunged in June by the largest amount in five months, reflecting the continuing troubles in the auto industry and a steep drop in demand for commercial aircraft.

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Ex-Buyer Sues Trump Casinos For Failed Marina Deal

Posted: 07/29/2009 - A decision is nearing on whether Donald Trump can regain control of the Atlantic City casino empire he once ruled, but a new complication has emerged in an already tangled situation.

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Stocks Fall In Early Trading

Posted: 07/29/2009 - Stocks are falling in the opening moments of trading as investors grow increasingly wary about the economic recovery.

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Microsoft, Yahoo Agree On Search Partnership

Updated: 07/29/2009 - A partnership announced today between Microsoft and Yahoo allows the two rivals to team up for an all-out assault against the dominance of Google.

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House Panel Takes Harder Line On Wall Street Pay

Posted: 07/28/2009 - A House panel has voted to ban corporate pay practices at financial firms that encourage "inappropriate risk," going farther than President Barack Obama wanted in trying to rein in excessive salaries and bonuses on Wall Street.

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Congress Acts To Shore Up Depleted Programs

Posted: 07/28/2009 - The House, doing some billion-dollar housekeeping before it leaves for the August recess, is taking up legislation to keep recession-hit federal programs that support highway projects, state unemployment insurance and mortgage loans from running dry.

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Stocks Slip As July Consumer Confidence Falls

Posted: 07/28/2009 - Stocks are edging lower following a report that consumer confidence fell in July. The Conference Board says its Consumer Confidence Index has fallen to 46.6 in July from 49.3 in June. Economists were expecting a reading of 49.

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Consumer Confidence Falls Further In July

Updated: 07/28/2009 - A private research group says Americans' mood darkened further in July as worries about job security offset any enthusiasm about the resumed stock-market rally that has helped bolster retirement accounts.

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