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Toshiba to outsource bulk of TVs in U.S.

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Japan's Toshiba Corp needs to outsource more TV production in the U.S. to better compete against bigger South Korean rivals and focus on high-end products, an executive said.
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Wells Fargo mortgage case in Baltimore dismissed

Baltimore's defeat in a lawsuit accusing Wells Fargo & Co of steering minority borrowers to expensive home loans may not derail efforts by local governments to hold the biggest mortgage providers responsible for lending they contend hurts cities.rr
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Blackstone-backed IPO rises after cool reception

Shares of the latest initial public offering backed by private equity firm Blackstone Group (BX.N) rose nearly 7 percent in their New York Stock Exchange debut after an initally cool reception.
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No sweat for FedEx on busiest day of the year

On December 14, FedEx Corp's busiest day this year, when the shipper handled almost double its normal number of packages, the entire system stretched to accommodate the global gift-giving frenzy that culminates nearly two weeks later around Christmas.
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New show, exhibits to mark Elvis 75th birthday

Elvis Presley's legacy will be marked in force next year in a 75th anniversary birthday celebration featuring a new Cirque du Soleil production, movie marathons, a Facebook application and a cruise.
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Study finds benefits of soy after breast cancer

Is soy food helpful or harmful for women with breast cancer? Studies have yielded mixed results. A new study published today suggests that breast cancer survivors may benefit from eating moderate amounts of soy products.
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Senators unveil bill to double nuclear power

Two U.S. Senators on Monday unveiled bipartisan legislation aimed at doubling nuclear power in 20 years and increasing funding for research into low carbon sources of energy.
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Medical workers balk at mandatory flu vaccines

Even as they are forced to wait like everyone else for swine flu vaccines in short supply, thousands of nurses and other front-line healthcare workers are fighting mandatory flu immunization policies being put in place by some U.S. hospitals.
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Nissan says Leaf will compete on price, make money

Nissan Motor Co Ltd will keep the price of its upcoming battery-powered Leaf competitive with similar-sized cars and expects to make money on the vehicle despite the cost of its launch, Chief Executive Carlos Ghosn on Friday.
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KKR's Dollar General rises in NYSE debut

Shares of discount retailer Dollar General Corp rose in their debut on the New York Stock Exchange, opening at $22, or 4.8 percent above Thursday's initial public offering price of $21.
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Stocks climbs after China data, Fed comments

U.S. stocks climbed on Wednesday as optimism spread after a jump in Chinese factory growth and comments from Federal Reserve officials suggested interest rates would remain low well into 2010.
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For Americans, deficit pain is felt close to home

Christopher O'Neill is worried about the deficit. The deficit, that is, in his personal income after the 26-year-old Miami finance analyst was forced to find a temporary job paying $20,000 a year less than he earned until January when he was laid off from his auditor's post in Miami.
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Big U.S. manufacturers revive, small ones hurt

While the main gauge of U.S. manufacturing has rebounded from the depressed levels of late 2008, smaller businesses are struggling with lackluster sales and tight credit as the recession wanes.
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Economy optimism, weak dollar lift stocks

Stocks advanced on Monday on a sign of renewed interest in initial public offerings and a weaker U.S. dollar that drove commodities prices higher, boosting energy and materials shares.
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US whiskey makers look abroad for spirited growth

The American whiskey market may be back on a roll. The industry which produces Jack Daniel's and Jim Beam is seeing sales flatten in its domestic market but overseas business is booming and driving overall growth.

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