Two aircraft in minor collision at UK's Heathrow
Two aircraft were involved in a minor collision on the ground at London's Heathrow airport on Monday. No one was injured.
Citigroup shakes up management
Citigroup Inc, which last week forecast 60 percent declines in third-quarter earnings amid bad debt losses, said it was promoting Vikram Pandit to head banking, markets, and alternative investments, and that trading head Thomas Maheras was leaving.
Wal-Mart told to pay more in worker suit
Wal-Mart Stores Inc must pay an additional $62.3 million in damages to Pennsylvania workers who were forced to work "off the clock" or during rest breaks, a judge ruled on Wednesday.
Bush holds up North Korea as possible model for Iran
President George W. Bush on Wednesday held up North Korea as a possible model for resolving the Iranian nuclear standoff and reaffirmed a U.S. offer of talks if Tehran suspends uranium enrichment.
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Remembering 9/11
New Yorkers are doing all they can to preserve the way September 11 is commemorated, and with it falling on a Tuesday for the first time since 2001, the day is another trigger of tragic memories. And across the United States, September 11 will have much of the same emotional impact that has gripped the American psyche and dominated U.S. political discourse for six years, an impact that will not soon ease, analysts say.
H&R Block's Option One sale in doubt; loss widens
H&R Block Inc, the largest U.S. tax preparer, said it was trying to renegotiate the sale of its Option One Mortgage Corp unit and would get out subprime lending after its quarterly loss more than doubled.
Investors swing between fears and opportunities
Prospects that U.S. equity markets would bounce back on Wednesday after two days of falls lifted European markets, suppressing fears about weakness in the U.S. economy and global financial system.
EarthLink to cut 900 jobs and buy back shares
EarthLink Inc said on Tuesday it will cut about 900 jobs, or nearly half its staff, as part of a restructuring to reduce costs at the Internet service provider.
U.S. Home re-sales fall as inventories soar
The pace of sales of pre-owned homes fell slightly in July but the inventory of unsold properties soared to the highest level in over 15 years as troubles in the subprime mortgage market continued to wreak havoc on the housing sector. Home sales slid 0.2 percent in July to a seasonally adjusted 5.75 million unit annual rate, according to the National Association of Realtors.
Trump Entertainment looks to diversify
U.S. casino operator Trump Entertainment Resorts Inc. has made diversifying beyond Atlantic City, New Jersey, a priority and is closing in on its first deal, its chief executive said on Monday.
Temporary jobs drop may augur slower growth
The economy has added non-farm jobs at a steady pace so far this year, but with businesses cutting back on hiring temporary workers, economists say the labor market may be on course to weaken.
Fewer Mexicans seen sending money home from U.S.
A lower percentage of Latin American workers living in the United States is sending money to family members back home, a report showed on Wednesday.
Toll Bros. home-building sales fall, top estimates
Luxury home builder Toll Brothers Inc said on Wednesday that it expected to report a decline in quarterly home-building revenue as the U.S. housing crisis deepened.
Texas leads list of dirtiest U.S. power plants
Texas has the most entries on a list of the dirtiest U.S. power plants, while New England and the Pacific Coast make less carbon dioxide because they have fewer coal-burning plants, an environmental group said on Thursday.
U.S. court throws out city's illegal immigration law
A U.S. judge on Thursday struck down as unconstitutional a local law designed to crack down on illegal immigration, dealing a blow to similar laws passed by dozens of towns and cities across the country.
States to help subprime owners refinance: WSJ
A number of U.S. states are setting up funds to help homeowners with risky subprime mortgages refinance to more affordable loans in a bid to slow the rate of home foreclosures, The Wall Street Journal reported on its Web site.
PNC Financial profit falls short, shares fall
PNC Financial Services Group Inc., a fast-growing Northeast U.S. regional bank, on Thursday posted a disappointing second-quarter profit, sending shares down to their lowest level in four months.
First 9/11 damages trials to begin in Sept: judge
September 11 victims who sued airlines and their security contractors will have their cases heard for the first time almost six years after the hijacked plane attacks on the United States, a federal judge has ruled.
Strong jobs growth bodes well for economy
Employers added 132,000 jobs in June and payrolls rose more strongly than previously thought in April and May, according to a Labor Department report that underlined a strengthening job market.
Trump Entertainment buyout fizzles, shares plunge
Casino operator Trump Entertainment Resorts Inc. said on Monday it did not reach a deal with potential acquirers and has ended discussions to sell itself, sending its shares down 18 percent.
AT&T says to buy Dobson for $2.8 billion
U.S. telecommunications company AT&T Inc. said on Friday it will buy rural wireless carrier Dobson Communications Corp. for $2.8 billion in cash to expand its reach in rural and suburban markets.
Analysis: Bond yields encroach on economy's pain threshold
A sustained push above 5 percent on the yield of the benchmark 10-year Treasury note could roil markets, deepen housing woes and slow the U.S. economy.
Colgate warns of fake toothpaste in U.S.
Colgate-Palmolive Co. on Thursday said counterfeit 'Colgate' toothpaste that may contain a toxic chemical had been found in discount stores in four U.S. states.
Entercom Shares Drop on Profit Miss
Shares of broadcasting and entertainment company Entercom Communications Corp. (NYSE: ETM) fell on Monday after the firm reported a slight first quarter loss, hurt by a weaker March.
ICT Shares Plunge on Slashed Outlook
Shares in ICT Group Inc., dropped sharply on Friday after the company lowered its profit expectations for first quarter and the full-year 2007.
Harley Workers Agree to New Contract as Strike Ends
The three-week worker strike against motorcycle maker Harley-Davidson, Inc. (NYSE: HOG) at its largest plant is over, as union workers ratified a new 3-year contract on Thursday.
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