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Fewer Americans than forecast filed claims for unemployment benefits last week, a sign job losses are slowing as the economy begins to recover.
NEW YORK (AP) -- Victoria's Secret is hoping a new push-up bra intended to boost women's busts as much as two sizes also will enhance its bottom line this holiday season.
BARCELONA, Spain (AP) -- Negotiators and diplomats were working Thursday on a scaled-back version of a global climate change treaty that could be agreed by next month's deadline.
NEW YORK (AP) -- Shares of Ancestry.com climbed in their first day of trading Thursday after the genealogy Web site's initial public offering priced in the middle of the expected range.
WASHINGTON (AP) -- Congress took further steps to right the staggering economy by expanding a popular tax credit for homebuyers and extending unemployment checks for the growing legions of people running out of benefits with few job prospects.
NEW YORK (AP) -- Big bonuses could be back in store for some top executives and traders on Wall Street as profitability returned to the investment banking industry in 2009, according to a new study released Thursday.
NEW YORK (AP) -- A drop in unemployment claims and an upbeat forecast from Cisco Systems Inc. gave investors new reason to be optimistic about the economy and sent stocks to big gains.
WASHINGTON (AP) -- President Barack Obama is trumpeting endorsements from the AARP and the American Medical Association of House Democrats' health care legislation.
MEXICO CITY (AP) -- Mexico's president says the country has emerged from a deep recession and the economy is already growing.
NEW YORK (AP) -- Consumers, looking to outfit themselves for cooler weather and enticed by an improving economy, spent a little more in October, handing the retail industry its second consecutive monthly sales gain after more than a year of declines.
NORWALK, Conn. (AP) -- Health care data company IMS Health Inc. said Thursday it is being bought by investment funds TPG Capital and CPP Investment Board for $4 billion.
HOUSTON (AP) -- Natural gas transport and storage company Spectra Energy Corp. on Thursday said its third-quarter earnings sank 35 percent due in part to lower commodity prices.
LOS ANGELES (AP) -- No Doubt has sued video game maker Activision for putting words in band members' mouths.
DETROIT (AP) -- General Motors Co. could tap some of the $50 billion in aid it has received from the U.S. government to help finance its plan to restructure its European Opel unit, GM's top executive said Thursday.
MIDLAND, Mich. (AP) -- Dow Corning Corp. said Thursday it bought a Brazilian silicon metal manufacturer plus a half interest in a West Virginia silicon production facility for about $175 million.
GUANGZHOU, China (AP) -- Thousands of foreign buyers flock to this southern city at this time of year for China's biggest trade show. They search for factory owners who will make their products cheaply and won't rip off their clever designs.
ST. GEORGE, Utah (AP) -- SkyWest Inc., which operates SkyWest Airlines and Atlantic Southeast Airlines, said on Thursday its third-quarter profit rose 9.2 percent as it did more flying for its big-airline customers.
PLANO, Texas (AP) -- Dr Pepper Snapple Group Inc. said Thursday its third-quarter profit rose 42.5 percent, as the company benefited from lower costs, even while its sales fell.
DALLAS (AP) -- Southwest Airlines Co. said Thursday traffic in October rose a modest 1.9 percent even as the discount carrier aggressively cut flights, so there were fewer empty seats than a year ago.
There are many ways to think about Tuesday's election, some of which are completely wrong. “The real story here is, I think, this thing is ambiguous,” White House adviser David Axelrod said. That’s true only if ambiguous is a synonym for frightening.
Nov. 5 (Bloomberg) -- Scripps Networks Interactive Inc. agreed to buy a controlling stake in the Travel Channel from Cox Communications Inc., trumping a bid by News Corp. in a deal that values the cable-television network at $975 million.
WASHINGTON (AP) -- The AARP has officially endorsed the House Democratic health care bill, a major boost for the legislation two days before a historic vote.
“In price is knowledge,” one editor used to scream at me. Whether or not you believed in efficient markets, you could be sure the price of a bond, a currency or a commodity was trying to tell you something about the outlook for growth, inflation or monetary policy; all you had to do was listen and translate.
NEW YORK (AP) -- Federal prosecutors say criminal charges have been filed against 14 people, including attorneys and Wall Street professionals, in a widening $25 million insider trading case that has already snared one of the richest men in America.
WASHINGTON (AP) -- Majority Leader Steny Hoyer is predicting that the House will pass historic health care overhaul legislation Saturday to extend coverage to tens of millions of uninsured Americans and ban insurance companies from turning people away.
CINCINNATI (AP) -- E.W. Scripps said Thursday its third-quarter loss narrowed despite another decline in revenue. The company continues to trim costs to cope with the advertising slump pummeling the media industry.
NEW YORK (AP) -- Shares of Hyatt Hotels Corp. rose sharply Thursday in the iconic hotel chain's first day on the New York Stock Exchange, with investors appearing to dismiss concerns about infighting among its founder's heirs and tepid hotel reservations around the world.
LONDON (AP) -- European and U.S. stocks rallied Thursday after weekly U.S. jobless claims data stoked hopes that the pace of layoffs in the world's largest economy is easing.
CHICAGO (AP) -- Online-travel company Orbitz Worldwide Inc. said Thursday it turned a profit in the third quarter, after charges hurt results a year earlier.
LAS VEGAS (AP) -- MGM Mirage's latest casino project isn't open yet, but a drop in the $8.5 billion complex's value combined with falling revenue to push the casino operator into the red in its third quarter, the company said Thursday.
WASHINGTON (AP) -- Companies across the economy are finding ways to do more with fewer workers, dimming hopes that hiring will take off anytime soon.
NEW YORK (AP) -- Global exchange operator Nasdaq OMX Group Inc. said Thursday its profit rose as it cut costs and recorded fewer special charges during the third quarter.
WASHINGTON (AP) -- Thousands of borrowers on the verge of foreclosure will soon have the option of renting their homes from Fannie Mae, under a policy announced Thursday.
Nov. 5 (Bloomberg) -- Hyatt Hotels Corp., the chain controlled by Chicagoís Pritzker family, climbed in its first day of trading after raising $950 million in the third-largest U.S. initial public offering this year.
Nov. 5 (Bloomberg) -- Chrysler Group LLC, the U.S. automaker run by Fiat SpA, said it will break even next year on an operating basis and begin to post a net profit in 2011 as it works to pay off all of its government loans by 2014.
NEW YORK (AP) -- Oil prices slipped Thursday as investors questioned whether the country would regain its appetite for petroleum.
WASHINGTON (AP) -- Fannie Mae is asking for an additional $15 billion in government aid after posting another big loss in the third quarter as the taxpayer bill from the housing market bust keeps rising.
NEW YORK (AP) -- Citigroup says it filed plans for an initial public offering of its Primerica Inc. life insurance unit and will sell off the rest of the division after it goes public.
WASHINGTON (AP) -- Banks borrowed slightly more from the Federal Reserve's emergency lending program over the past week, while reducing their use of other credit programs designed to ease the financial crisis.
NEW YORK (AP) -- Andre Agassi is responding to criticism of his crystal meth use with a plea for compassion, telling "60 Minutes" he needed help when he took the drug while depressed in 1997.
CHICAGO (AP) -- More people visited Starbucks Corp. coffee shops in the fourth quarter this year than last, and they spent more money when they did, an executive said Thursday.
NEW YORK (AP) -- Oprah Winfrey says she's keeping singer BeBe Winans off her show until domestic violence charges against him are resolved.
NEW YORK (AP) -- Two well-known companies shined in their market debuts Thursday despite what has recently been a difficult market for initial public offerings.
NEW YORK (AP) -- Shares of Whole Foods Market Inc. tumbled Thursday after the upscale grocery chain offered a cautious outlook for its new fiscal year.
NEW YORK (AP) -- Agrium Inc. said Thursday it is raising its bid for CF Industries Holdings Inc., in a final attempt to acquire its rival fertilizer maker.
NEW YORK (AP) -- Borders Group Inc., the second-largest U.S. bookstore chain, said Thursday it would shutter more of its small-format Waldenbooks stores in January as it focuses on its more profitable superstores.
COLUMBUS, Ohio (AP) -- A casino developer and poker champion behind last year's failed bid to expand gambling in Ohio has staked a claim to all four casinos the state's voters approved Tuesday.
WASHINGTON (AP) -- Senate Democrats Thursday blocked a GOP attempt to require next year's census forms to ask people whether they are U.S. citizens.
NEW YORK (AP) -- CVS Caremark disclosed more multibillion dollar contract losses in its pharmacy benefits management business and said the head of the unit will depart.
Nov. 5 (Bloomberg) -- U.S. stocks surged, sending the Dow Jones Industrial Average to its biggest gain since July, as jobless claims and worker productivity beat estimates and Cisco Systems Inc. said an improving economy spurred a rebound in sales. The dollar advanced, triggering declines in commodities.
CHICAGO (AP) -- Fitch Ratings is warning that Berkshire Hathaway Inc.'s deal for Burlington Northern Santa Fe Corp. could overexpose Warren Buffett's company to weaknesses in the economy at the expense of its more durable investments.
Nov. 6 (Bloomberg) -- ResMed Inc., the worldís second- biggest maker of equipment for breathing-related sleep disorders, said profit rose 50 percent on increased demand for its products.
PORTLAND, Ore. (AP) -- Sara Lee Corp., with leaner operations and more profitable product line, reported that its first-quarter profit jumped 23 percent and raised its outlook for the year.
WASHINGTON (AP) -- Rates for 30-year home loans dipped below 5 percent this week after rising for three straight weeks.
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