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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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IBM To Acquire SPSS For $1.2 Billion

IBM running Masters.com

Posted: 07/28/2009 - IBM is acquiring analytics-software maker SPSS in an all-cash transaction at $50 per share for a deal valued at about $1.2 billion.

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Texas Financier Stanford Requests New Prison

Posted: 07/27/2009 - Texas financier R. Allen Stanford wants to be moved from a private prison because he's been without air conditioning and shares a cell with up to 10 other inmates.

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Allstate Ends Sponsorship Of Allstate 400

Posted: 07/27/2009 - Allstate Corp. is ending its sponsorship of the Allstate 400 at the Brickyard following a five-year sponsorship run at the Indianapolis Motor Speedway.

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Apple, Labels Work On Album `Cocktail'

Posted: 07/27/2009 - Apple Inc. and the four major recording labels are working on launching a music offering code-named "Cocktail" that aims to add value to digital albums sold on the online iTunes Store.

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Details Scant In Venture With IAC, NBC's Silverman

Posted: 07/27/2009 - A new venture that NBC Entertainment co-chairman Ben Silverman is leaving the network to form with Barry Diller's IAC/InterActiveCorp promises better integration of ad campaigns by involving advertisers earlier in a show's development.

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