UNITED STATES

IBTimes Logo

Retail sales down 4.1 percent last week: report

Retail sales fell 4.1 percent in the week ending on Christmas Day, according to research firm ShopperTrak, largely because December 26 fell on a Sunday this year and was not included in Christmas week sales.

Home foreclosures jump in 3rd quarter: regulators

IBTimes Logo
U.S. home foreclosures jumped in the third quarter and banks' efforts to keep borrowers in their homes dropped as the housing market continues to struggle, U.S. bank regulators said on Wednesday.
Traders work on the floor of the New York Stock Exchange

Wall Street set for slightly higher open

Futures on major U.S. stock indices point to modestly higher opening on Wednesday with futures on the S&P 500 up 0.10 percent, futures on the Dow Jones Industrial Average up 0.10 percent and Nasdaq100 futures up 0.25 percent.
More news
Events that shaped the US in the past decade (2000-2010)

Events that shaped the US in the past decade (2000-2010) – Part 1 of 3

9/11, George W Bush, Afghanistan, Iraq, Hurricane Katrina, Recession, Facebook, Unemployment, Barak Obama and You Tube - this almost sums up the whole of the first decade this millennium for the United States. We have put together a series of events that changed your and in fact our lives. Take a short walk... Deep down the memory lane...Try to remember where you were when hell broke loose, joy came knocking on your doorstep. Where were you when politicians lied, slapped taxes, or kept their pro...
 Toyota Motor to recall 51,000 Tundra trucks

Major car recalls in 2010

2010 will be remembered as the worst year for automobile industry. A number of leading car makers including Toyota, Honda, GM, BMW, Hyundai, Nissan, Ford, Chevrolet recalled lakhs of vehicles because of various defects and safety problems.
IBTimes Logo

Leonard Green keen to buy BJ's Wholesale: report

U.S. buyout firm Leonard Green & Partners remains keen to acquire warehouse club operator BJ's Wholesale Club Inc and may launch a hostile bid if an auction is not initiated in the coming weeks, the New York Post said, citing sources.
IBTimes Logo

Barnes & Noble fails to end Nook lawsuit

Barnes & Noble Inc lost its bid to dismiss Spring Design Inc's lawsuit accusing the largest U.S. bookseller of illegally copying a screen design for the popular Nook electronic book reader.
IBTimes Logo

GM shares up after high marks from Wall Street

General Motors Co shares rose as much as 3.1 percent and closed 2.1 percent higher on Tuesday after banks resumed coverage of the automaker with high marks for its strong post-bailout balance sheet and its position in emerging markets.
IBTimes Logo

Rare earths shares jump after China quota cut

Shares of rare earths prospectors soared on Wednesday after China cut export quotas, threatening to reduce already tight global supplies and a risking action from the United States at the World Trade Organization.
IBTimes Logo

Rare earths shares jumps after China quota cut

Shares of rare earths prospectors soared on Wednesday after China cut export quotas, threatening to reduce already tight global supplies and a risking action from the United States at the World Trade Organization.
Chicago bracing for major snowstorm of up to 18 inches.

Stocks narrowly mixed as cold weather boosts energy shares

Stocks finished narrowly mixed in very light holiday trading as the bitter cold weather in the eastern U.S. helped to push up energy stocks. Traders seemed to shrug off an unexpected dip in consumer confidence and more bad news on housing prices.
A man stands in front of an AIG logo in Tokyo

Fairholme portfolio scores big on AIG stake

Bruce Berkowit, president of Fairholme Capital Management has a huge stake in bailed-out insurance company American International Group (NYSE: AIG) which has just about doubled in price year-to-date (from just under $30 per share to just under $60).
IBTimes Logo

In Cuba, holiday cheer from Uncle Sam

Cubans who receive money from the United State are getting a cash bonus this holiday season from an Obama administration decision that should also cut the flow of underground cash between the two countries.
IBTimes Logo

WaMu settlement deadline extended

Washington Mutual Inc reached agreement to extend a key deadline in its $10 billion settlement that is at the end of its plan to end its bankruptcy, according to a court filing on Tuesday.
The Federal Transit Authority is granting $82.4 million to seven transit projects in five cities.

Transit projects given boost

The federal government is awarding $182.4 million to seven transit projects already under way in Dallas, New York City, Northern Virginia, Salt Lake City and Seattle.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.