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IRS Temporarily Suspends Some Small Business Fines

Posted: 07/07/2009 - The IRS says it will temporarily stop collecting penalties from some small businesses that have been hit with big fines for not disclosing the use of questionable tax shelters.

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Discover To Sell $500 Million In Common Stock To Public

Posted: 07/07/2009 - Credit card company Discover says it will sell $500 million worth of common stock in a public offering, and use the proceeds for possible investments or to buy back preferred stock issued to the U.S. Treasury under its bank rescue plan.

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Deere & Co. Prepared To Expand In Russia

Posted: 07/06/2009 - Deere & Co. says it's prepared to significantly expand its farm, forestry and construction operations in Russia "under the right market access conditions."

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Stocks Slide On Conflicting Signs About Economy

Posted: 07/06/2009 - At midday Monday, the Dow Jones industrial average is down 34 at 8,247. The Standard & Poor's 500 index is down 6 at 891. The Nasdaq composite index is off 21 at 1,775.

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Bankruptcy Judge OKs GM Sale Plan

Updated: 07/06/2009 - A bankruptcy judge says General Motors can sell the bulk of its assets to a new company, clearing the way for the automaker to quickly emerge from bankruptcy.

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Stocks Fall Amid Recession Worries

Posted: 07/06/2009 - The stock market is in retreat again as investors around the world grow pessimistic about the economic recovery.

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Number Of Active Oil Rigs Up By 11

Posted: 07/03/2009 - The number of rigs actively exploring for oil and natural gas in the United States rose by 11 this week to 928.

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Iraq To Push Back Second Oil Bidding Round

Posted: 07/02/2009 - Iraq is planning to push back its second oil bidding round to develop 11 oil and gas fields after a disappointing showing in the first offer.

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Factory Orders Rise More Than Expected In May

Posted: 07/02/2009 - Orders to U.S. factories jumped in May by the largest amount in nearly a year, further evidence that the nosedive in manufacturing is nearing an end.

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Money Matters

Posted: 07/01/2009 - Lazy habits that are hurting your wallet.

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