POLITICO (Washington) - Sarah Palin's political action committee has been selective and strategic in its donations to candidates over the past six months, but if money is any indication of where her heart lies, her political loyalties can be traced to Ohio.While SarahPAC has devoted just 5 percent of its total expenditures over that period to fellow GOP colleagues, four of the 17 candidates Palin contributed to hail from Ohio — the state where she held by far the most presidential campaign ...
Stocks mostly fell on Wednesday, retreating from a two-day rally, as Pfizer's disappointing outlook and the president's commitment to bank and healthcare reform weighed on the financial and health sectors.
Wal-Mart Stores Inc is cutting 300 jobs at its headquarters in northwest Arkansas as the retailer looks to cut costs at the start of its new fiscal year.
The U.S. Treasury Department on Wednesday announced an $81 billion quarterly debt refunding and said government securities issuance may be peaking, although the government plans to expand its offerings of inflation-protected securities.
MetLife Inc faced a possible credit ratings downgrade and its shares dropped more than 4 percent on Wednesday, a day after the biggest U.S. life insurer confirmed it was in talks but hadn't reached a deal to buy a unit of American International Group Inc .
U.S. business bankruptcy filings rose 7 percent in January from a year ago, according to a bankruptcy data provider on Wednesday, as the sluggish economy hurt sales and hindered businesses' ability to refinance heavy debt obligations.
U.S. stocks fell on Wednesday after President Barack Obama reiterated his commitment to overhaul the healthcare system and impose stricter regulatory reforms on Wall Street.
Borders Group Inc shares spiked nearly 40 percent on Wednesday after its largest investor, William Ackman, said there was little likelihood the struggling bookseller would file for bankruptcy and it could even be part of an industry consolidation.
Chrysler is in talks to take back a Sterling Heights, Michigan, assembly plant that it had abandoned in bankruptcy, a move that could save about 1,200 jobs once expected to be eliminated by the end of 2010.
U.S. stocks fell on Wednesday as earnings reports released today failed to beat heightened expectations amid a solid earnings season.
Movie Gallery Inc, the operator of the Hollywood Video rental chain, plans to close 805 poorly performing U.S. stores after falling sales and mounting losses led to its second bankruptcy in three years.
U.S. Transportation Secretary Ray LaHood urged owners of Toyota vehicles involved in a massive recall to stop driving the vehicles.
Comcast Corp posted a higher-than-expected quarterly profit as it added Internet and phone subscribers, but its margins were hit by marketing costs as the No. 1 U.S. cable operator fends off competition from phone and satellite companies.
Oil slipped toward $77 a barrel on Wednesday after U.S. data showed crude inventories in the world's largest energy consumer rose more than expected while refinery utilization rates fell again.
The top U.S. transportation official said he will speak with Toyota's CEO about safety concerns regarding the company's vehicles.
Miami businesses have been pulling out all the stops - including handing out free cocktails - to try to coax money from a large influx of tourists ahead of this weekend's Super Bowl.
Defaults by small and medium-sized U.S. businesses on loans, leases and credit lines to finance capital equipment investment fell for the first time in two years in December, adding to signs of a nascent economic recovery, PayNet Inc reported.
The pace of job losses in the private sector slowed in January as employers reported the smallest payroll decline in nearly two years, while the dominant services sector grew slightly, data showed on Wednesday.
Borders Group Inc shares spiked more than 40 percent on Wednesday after its largest investor, William Ackman, said there was little likelihood the struggling bookseller would file for bankruptcy and could even be part of an industry consolidation.
President Barack Obama's pay czar on Wednesday predicted the issue of hefty bonuses for AIG employees would end in March and denied a Republican claim that the firm outmaneuvered the Obama administration.
Toyota Motor Corp. announced more problems with its vehicles, reporting brake problems with the popular Toyota Prius hybrid gas-electric car.
Honda Motor Co raised its annual forecast on Wednesday after cost-cuts boosted quarterly profit and said it was concerned that rival Toyota's huge safety recall might tarnish other Japanese brands.
