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Cisco forecasts first revenue growth in a year, Jordan Robertson

Cisco Systems Inc. doesn't want Wall Street to interpret its forecast for its first quarterly revenue growth in a year as evidence that the U.S. and other economies are roa...

Ancestry.com raises $100 million in IPO, Erin Conroy

Genealogy Web site Ancestry.com has succeeded in raising $100 million in its initial public offering. With more than a million paying subscribers, little competition, a sma...

DynCorp 2Q profit rises on revenue growth

Military contractor DynCorp International Inc. said Wednesday that its second-quarter profit jumped 60 percent on strong revenue growth.The company, which trains pol...

Brightpoint 3Q profit doubles on tax benefit boost

Cell phone distributor Brightpoint Inc. said Wednesday its third-quarter profit more than doubled, helped by tax benefits.Quarterly earnings jumped to $11.2 million,...

Thoratec 3Q profit surges on heart pump success

Heart device maker Thoratec Corp. said Wednesday that its third-quarter profit almost doubled on strong growth in its cardiovascular division. The company also raised the l...

Chrysler aims to pump life into struggling lineup, Dee-ann Durbin And Tom Krisher

Chrysler hopes to make billions of dollars to repay government loans and revamp all of its cars and trucks with an ambitious plan that hinges on doubling sales in five year...

Ohio casinos to hit Mich., Ind. gambling taxes, Mike Smith And David N. Goodman

Ohio voters have approved the opening of casinos in Toledo and three other cities, leaving officials and gambling interests in neighboring Indiana and Michigan worried that...

JPMorgan settles SEC 'pay-to-play' charges in Ala., Marcy Gordon

JPMorgan Chase & Co. has agreed to pay $75 million in fines and forfeit $647 million in fees to settle federal regulators' charges that it made unlawful payments to fri...

Career Education posts 3Q profit on higher revenue

Trade schools operator Career Education Corp. said Wednesday it climbed to a profit in the third quarter on rising revenue from record-high enrollment and number of new stu...

Microchip Technology profit dips in latest quarter

Semiconductor maker Microchip Technology Inc. said Wednesday that earnings and sales fell in the latest quarter, but its CEO said profit margins would improve as the compan...

On The Call: Cisco CEO says firms easing off brake

Cisco Systems Inc.'s latest results show that the world's No. 1 maker of computer-networking equipment is still being hurt by the downturn, but sees things turning up. The ...

Hyatt Hotels raises $950 million in IPO, Ashley M. Heher

There's talk of infighting among its founder's heirs and a sluggish appetite for hotel reservations around the globe. But Hyatt Hotels Corp. shares are set to begin trading...

Correction: Buffett Adds Rails story

In a Nov. 3 story about Warren Buffett's plan to acquire Burlington Northern, The Associated Press reported erroneously that Berkshire will pay $34 billion in cash and stoc...

Markel posts 3Q profit, reversing 2008 loss

Specialty insurer Markel Corp. on Wednesday posted a third-quarter profit, reversing a year ago loss, as the company benefited from market gains, a mild hurricane season an...

Value Line, execs paying $45M to settle with SEC

Investment adviser Value Line Inc., its CEO and its former compliance chief have agreed to pay about $45 million to settle regulators' allegations the firm charged more tha...

Exec to plead guilty in tomato price-fixing case

A former executive for a California-based tomato processor agreed to plead guilty to participating in a conspiracy to drive up food prices nationwide, federal prosecutors s...

Democrats say elections won't stop health care, David Espo

Far from chastened by off-year election setbacks, congressional Democrats vowed no let-up in the drive to pass controversial health care Wednesday, arguing that the way to ...

News Corp. 1Q up but online paper fees delayed, Ryan Nakashima

Media conglomerate News Corp. posted a surprise increase in quarterly profit Wednesday, but Chief Executive Rupert Murdoch said the company might not meet its goal of charg...

Andersons shares fall on weak 3Q profit

The Andersons Inc., a diversified agricultural and transportation company, said Wednesday that its third-quarter profit fell 90 percent as fertilizer retailers kept invento...

Calif. voters have final say over $11B water bond, Samantha Young

Gov. Arnold Schwarzenegger and legislative leaders say their $11.1 billion water bond is an essential investment for California's future, but it may be a hard sell to voter...

Corrections Corp. of America 3Q profit jumps

Prison operator Corrections Corp. of America said its third-quarter profit jumped 19 percent as more prisoners were locked up in its California and Arizona facilities.<...

Cisco forecasts growth for first time in downturn, Jordan Robertson

Cisco Systems Inc. is forecasting revenue growth for the first time in a year, offering further evidence that orders are rising again after passing what CEO John Chambers c...

Former HP CEO Fiorina targets Boxer's Senate seat, Gillian Flaccus

Former Silicon Valley executive Carly Fiorina announced Wednesday she is running for the chance to seize liberal stalwart Barbara Boxer's U.S. Senate seat, depicting the th...

Microchip Technology declares dividend

Microchip Technology Inc., which makes semiconductors and microcontrollers, said Wednesday it would pay a quarterly cash dividend next month.The company said the div...

Zumiez Oct. sales comparison drops 8.9 percent

Sports apparel and equipment retailer Zumiez Inc. on Wednesday said sales at stores open at least a year fell 8.9 percent in October.Analysts surveyed by Thomson Reu...

STR Holdings to launch first solar IPO in 15 mos

STR Holdings Inc. plans to go public this Friday, a move that would launch the first solar initial public offering on a U.S. index in over a year.The maker of solar ...

Acne, wrinkle treatments help Medicis post profit

Medicis Pharmaceutical Corp. posted a third-quarter profit on Wednesday, as sales of its skin products surged, and a research and development charge came off the books....

Business Highlights

Fed again pledges to hold rates at record-lowsWASHINGTON (AP) — The Federal Reserve pledged Wednesday to keep a key interest rate at a record low for an "extended ...

Qualcomm fiscal 4Q profit slips 9 percent

Qualcomm Inc. says its fiscal fourth-quarter profit slipped 9 percent as revenue from the mobile phone technology it licenses and mobile-phone chips it makes declined.<...

Allstate swings to profit, catastrophe losses dip, Shaila Dani

A milder hurricane season this year helped Allstate Corp. turn a third-quarter profit as its losses for storms and other catastrophes dropped sharply.The property an...

Bankruptcy trustee in Del. holds private meeting, Randall Chase

Federal officials began the process of choosing creditor representatives in the Catholic Diocese of Wilmington's Chapter 11 bankruptcy by meeting with diocesan officials be...

Smith Micro Software posts profit but cuts outlook

Smith Micro Software Inc. said Wednesday it turned a profit in the third quarter but cut its 2009 revenue estimate, sending shares tumbling nearly 20 percent in aftermarket...

Figures on government spending and debt

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ON Semiconductor shares rise on 3Q profit, 4Q view

ON Semiconductor Corp.'s third-quarter profit fell from a year earlier, but its adjusted results beat Wall Street expectations and its shares rose in late trading on a bull...

American Eagle

American Eagle, the regional sister carrier to American Airlines, said Wednesday that October traffic rose 6 percent in contrast to a decline at American.Eagle said ...

Wilmington Trust says it is not a CIT creditor

Wilmington Trust Corp. said Wednesday it has not loaned money to CIT Group Inc. and therefore is not a creditor in the commercial lender's bankruptcy.Wilmington Trus...

Exec. to plead guilty in tomato price-fixing case

Federal prosecutors say a former executive for a California-based tomato processor has agreed to plead guilty to participating in a conspiracy to drive up food prices natio...

Qualcomm 4Q profit slips 9 percent

Qualcomm Inc. says its fourth-quarter profit slipped 9 percent as revenue from the mobile phone technology it licenses and mobile-phone chips it makes declined.Qualc...

Schweitzer-Mauduit ups 2009 view after 3Q report

Specialty paper maker Schweitzer-Mauduit International Inc. said its third-quarter profit plunged by one-third, but its adjusted results widely exceeded Wall Street expecta...

Treasury bond market at a glance

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THQ narrows 3Q loss as it lowers costs

Video game maker THQ Inc. said it lost less in the third quarter than it did a year earlier even as sales fell because it lowered its operating costs, sending its shares hi...

Review: Motorola's Droid is a serious smart phone, Rachel Metz

Since its debut in 2007, millions of people have gravitated toward Apple's iPhone, wooed by its sleek hardware, simple user interface and abundance of applications.O...

Whole Foods profit jumps; outlook weighs on shares, Sarah Skidmore

Whole Foods Market Inc. appears to be adjusting to its new economic reality.The natural and organic grocer, known for its high-end products and similarly high prices...

Clean Harbors 3rd-qtr profit falls, cuts outlook

Clean Harbors Inc., which provides hazardous waste management services, on Wednesday posted a 37 percent decline in third-quarter earnings and cut its full-year revenue for...

Great Wolf Resorts posts $42.1 million 1Q loss

Great Wolf Resorts Inc., which operates indoor waterpark resorts in North America, said Wednesday it posted a $42.1 million third-quarter loss as hefty charges offset an in...

Chrysler aims to pump life into car lineup, Dee-ann Durbin And Tom Krisher

Chrysler plans to overhaul its vehicles with technology from its new Italian partner, Fiat SpA, and says it has the cash to pay for it, helped by the U.S. government and lo...

Allstate swings to profit on lower weather losses

A sharp drop in losses from storms and other catastrophes helped Allstate Corp. move to a third-quarter profit from a year-ago loss.The property and casualty insurer...

Whole Foods profit jumps in 4Q

Whole Foods Market Inc. said Wednesday that its business has officially turned the corner as sales and profit grew in the fourth quarter.The organic grocer was hard ...

FDA panel rejects Zimmer spine implant, Matthew Perrone

Federal health advisers on Wednesday rejected an implant from Zimmer Holdings saying it's unclear how effective or safe the device would be for treating a painful spinal co...

White House to host episode of 'Iron Chef America'

Michelle Obama's vegetable garden is about to become a culinary battlefield.The Food Network announced Wednesday that an episode of "Iron Chef America" will be taped...

CACI gets $75M Army deal

CACI International Inc. said Wednesday it has received a $75 million task order to provide engineering services for an Army communication program.The government cont...

News Corp. 1Q income posts surprising growth, Ryan Nakashima

Media conglomerate News Corp. said Wednesday its net income for the latest quarter grew despite analysts' expectations of a decline, thanks to strength at its cable network...

How the major stock indexes fared on Wednesday

A late-day slump left stocks mixed Wednesday as investors couldn't hold on to their optimism after the Federal Reserve gave an encouraging assessment of the economy. A Hous...

S&P may downgrade Berkshire, upgrade Burlington

Standard & Poor's warned Wednesday that Warren Buffett's bid for Burlington Northern Santa Fe Corp. could sap the liquidity and capital position of the legendary invest...

Herbalife appoints Wm. Bolthouse CEO to board

Herbalife Ltd., a seller of vitamins and nutrition supplements, said Wednesday that it has appointed the CEO of Wm. Bolthouse Farms to fill a vacant seat on its board.<...

PATH developer willing to delay line consideration, Brian Farkas

The developers of a multistate power line project said Wednesday they are willing to delay a regulatory decision on their $1.9 billion project until January 2011 to make th...

Pulte Homes, Merck, Garmin are big movers

The following stocks were among those that moved substantially or traded heavily Wednesday on the New York Stock Exchange:NYSE:Pulte Homes Inc., up 32 cents a...

Hot Topic October sales comparison falls 2.6 pct

Hot Topic Inc. said Wednesday that sales at stores open at least a year fell 2.6 percent in October, beating a consensus forecast from Wall Street.Analysts surveyed ...

Okla. seniors protest cuts to nutrition programs, Tim Talley

Hundreds of seniors waved empty paper plates Wednesday to protest cutbacks in nutrition programs for the elderly that could eliminate thousands of meals for some of Oklahom...

Wash. state asking grain ships to hold canisters

The state Ecology and Agriculture Departments have a request for grain ships off the Washington coast: Hey, stop throwing those pesticide canisters overboard.In the ...

Landry's hopes to fund takeover with debt offering

Landry's Restaurants Inc. said Wednesday it plans to refinance its debt and fund a portion of its takeover by CEO Tilman J. Fertitta with proceeds from a debt offering....

Merge Healthcare, 2 execs settle fraud charges

Milwaukee-based Merge Healthcare Inc. and two former senior executives have settled charges by the Securities and Exchange Commission alleging accounting fraud that caused ...

EOG Resources shares up as analyst upgrades stock

Shares of EOG Resources Inc. jumped Wednesday, as an analyst upgraded the oil and natural gas company's stock on expectations that it will climb in tandem with oil prices.<...

Prudential posts 3Q profit on market, sales gains

Prudential Financial Inc., an insurance and investment company, on Wednesday posted its second straight quarterly profit, buoyed by market gains and strong sales of its inv...

Fitch lowers Merck ratings after Schering purchase

A day after drugmaker Merck & Co. completed its $41.1 billion purchase of rival Schering-Plough Corp., Fitch Ratings Service on Wednesday cut its ratings on Merck and u...

Cisco earns down but says 'tipping point' passed

Cisco Systems Inc. CEO John Chambers said Wednesday that the company's latest quarterly numbers reinforce his observation that recession-dampened orders are improving after...

Monsanto opening first research center in China

Monsanto Co., the world's biggest seed maker, on Tuesday said it is opening its first research center in China.The Monsanto Biotechnology Research Center in Beijing ...

Laser-powered elevator to space hits some snags, John Antczak

A laser-powered robot failed to complete its climb up a long cable dangling from a helicopter Wednesday in a $2 million competition to test the potential reality of the sci...

Hovnanian Enterprises adds chairman to CEO's roles

Homebuilder Hovnanian Enterprises Inc. on Wednesday said its board gave President and CEO Ara K. Hovnanian the additional title of chairman.Hovnanian, 52, is the son...

CB Richard Ellis to sell stock worth up to $300M

Commercial real estate firm CB Richard Ellis Group Inc. on Wednesday filed plans to sell stock worth up to $300 million in a program using Bank of America Merrill Lynch as ...

Earnings schedule for week of 11/09/09

Major companies tentatively scheduled to report quarterly earnings next week:MondayENGLEWOOD, Colo. — DISH Network Corp. releases third-quarter finan...

Ready to hire? You have many employee options, Joyce M. Rosenberg

Even though the economy is still suffering and many small businesses won't be hiring for some time, some companies are thinking about taking on more workers. The question f...

Fire worsens 2nd day of Philly transit strike, Patrick Walters

Commuters biked, walked, juggled carpool schedules and hitched rides as a strike ground the city's transit system to a near halt for a second day Wednesday, a rush worsened...

News Corp. 1Q profit posts surprising growth

Media conglomerate News Corp. says its net income for the latest quarter grew despite analysts' expectations of a decline, thanks to strength at its cable networks and the ...

Long-term Treasurys sell off after Fed decision

Long-term Treasurys sold off sharply Wednesday after the Federal Reserve reaffirmed its pledge to keep interest rates low for "an extended period."In late trading, t...

Group urges CW stations not to air 'Gossip Girl', Frazier Moore

On-air promos for a sexual threesome on an upcoming episode of "Gossip Girl" have spurred the Parents Television Council to ask affiliates of the CW network to pre-empt the...

Stocks give up gains in last hour, finish mixed, Sara Lepro And Tim Paradis

A late-day slump left stocks mixed Wednesday as investors couldn't hold on to their optimism after the Federal Reserve gave an encouraging assessment of the economy....

Iowa AG: States must help protect consumers

Iowa Attorney General Tom Miller says the states should continue to have a role in protecting consumers from fraudulent practices.Miller is leading a group of 40 sta...

October sales promise a bit of relief to stores, Anne D'innocenzio

October sales reports from major retailers ranging from Target Corp. to Macy's Inc. are expected to offer more evidence of a spending recovery when they're released Thursda...

Premium Protein extends furloughs yet again

About 400 Premium Protein Products workers who have been off the job since June will remain on furlough for at least two more weeks.A recorded phone message notified...

Major business events scheduled for Thursday

Major business events and economic events scheduled for Thursday:NEW YORK — Major retailers report October sales results.WASHINGTON — Labor Department rel...

NY prosecutors ask billionaire's bail stay high

A billionaire hedge fund manager charged in a $25 million insider trading case must remain held under $100 million bail because he is one of the richest men in the world an...

Ohio ponders a future with casinos, Julie Carr Smyth

Developers of four new Ohio casinos looked eagerly to the future Wednesday, even as opponents concocted plans to stymie their efforts and surrounding states braced for econ...

Dollar declines as Fed holds interest rates low

The dollar declined after the Federal Reserve held its benchmark interest rate at a record low near zero and again pledged to keep it there for an "extended period" to fost...

Visa extends money transfer service to China, UAE

Visa Inc. on Wednesday said it launched its money transfer service in China and the United Arab Emirates.The payments processor will work with ICBC for the service o...

Agriculture futures trade mixed on the CBOT

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National Retail Properties gets new $400M loan

Retail real estate investment trust National Retail Properties Inc. said Wednesday it has a new $400 million credit facility, which will replace one set to mature May 2010....

Wall Street Journal launches San Francisco edition

The Wall Street Journal says its new San Francisco Bay Area edition will launch Thursday, with a weekly section devoted to local news.It joins The New York Times in ...

Dollar and precious metals at a glance

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Gold nears $1,100, extends gains as dollar weakens, Sara Lepro

Gold prices rallied to another new high Wednesday on the back of a weaker dollar.Gold for December delivery rose to as high as $1,098.50 an ounce, before settling up...

A look at the past 3 Fed statements on economy

A look at the evolution of the Federal Reserve's statements on the economy from its three most recent meetings:The Fed on Aug. 12 said "economic activity is leveling...

Colo. panel backs relaxing higher ed reporting, Steven K. Paulson

A Colorado legislative committee studying long-term fiscal reform has approved a bill giving colleges and universities more flexibility, and a study of the state's complica...

Oil: back to $80 per barrel as dollar slides, Chris Kahn

Crude prices bounced above $80 per barrel once again on Wednesday, a level that even OPEC leaders have said is too high given the fragile state of the global economy.SF Chronicle goes glossy to attract readers, ads, Michael Liedtke

With its circulation falling faster than any other major U.S. newspaper's, the San Francisco Chronicle is determined to set the pace in a flashier way: It's about to become...

Mont. political, ag leaders react to BNSF purchase

Montana political and agricultural leaders hope Berkshire Hathaway's planned purchase of the Burlington Northern Santa Fe railroad will lead to lower shipping costs in Mont...

FDA panel has questions about Zimmer spine implant

Federal health officials say there are lingering questions about whether an implant from Zimmer Holdings Inc. is safe and effective for treating a painful spinal condition....

Allied Capital cancels shareholder meeting

Allied Capital Corp. on Wednesday canceled a special meeting for stockholders scheduled for next week after it agreed to sell itself to Ares Capital.In a deal announ...

Stocks add to gains as Fed holds rates low, Sara Lepro And Tim Paradis

Investors sent stocks higher Wednesday after comments from the Federal Reserve and reports on service industries and employment raised hopes about the economic recovery. Th...

Black & Decker CEO will not receive severance

Black & Decker Corp. Chief Executive Nolan D. Archibald will not receive a $20.5 million severance package following Stanley Works' purchase of the tool maker but may r...

Mich. agriculture commissioner Byrum steps down

James Byrum has resigned from the Michigan Commission of Agriculture.The Onondaga resident said in a release Wednesday that he disagrees with "some of the recent dec...

Feds, environmental groups argue for roadless rule

Attorneys for the federal government and environmentalists argue that a federal appeals court should uphold a ban on new roads in national forests known as the "roadless ru...

Study: Alabama income tax on working poor harshest, Phillip Rawls

A national study released Wednesday showed Alabama makes families living in poverty pay higher income taxes than any other state.The study by the Center on Budget an...

Mont. high court: Retirees can lose workers' comp

The Montana Supreme Court has upheld the constitutionality of a state law that allows insurance companies to cut off workers' compensation payments for those suffering perm...

NM court nixes lawsuit to higher pension payments, Barry Massey

The state can continue collecting higher pension contributions from part-time government workers earning less than $20,000 a year, the New Mexico Supreme Court ruled Wednes...

Genpact 3Q profit fell; shares rise on outlook

Business process services outsourcer Genpact Ltd. said on Wednesday that its third-quarter profit fell slightly from a year ago as competitive pricing continued. But it uph...

Stocks zigzag as Fed holds rates low, Sara Lepro And Tim Paradis

Stocks are holding on to most of their gains after the Federal Reserve left its benchmark interest rate unchanged and said the pace of economic activity has improved.A growing PayPal could soon overshadow parent eBay, Rachel Metz

Most people know eBay Inc. for its online marketplace, where deals abound on everything from gadgets to antique furniture. But soon, eBay's biggest business will likely be ...

Fed again pledges to hold rates at record-lows, Jeannine Aversa

With the recession apparently over, the Federal Reserve held a key interest rate at a record low and again pledged to keep it there for an "extended period" to foster the f...

Study: Internet use leads to more diverse networks, Barbara Ortutay

A new study confirms what your 130 Facebook friends and scores of Twitter followers may have already told you: The Internet and mobile phones are not linked to social isola...

Earnings roundup: GMAC, Molson Coors

Among the earnings stories for Wednesday, Nov. 4, from AP Financial News:GMAC Financial Services, the main lender for General Motors Co. and Chrysler Group LLC, said...

Comcast 3Q profit up 22 pct, but growth slows, Deborah Yao

Comcast Corp. reported a 22 percent increase in third-quarter earnings, buoyed by an investment gain and a lower tax rate as it stepped up promotions on its bundled video, ...

Earnings roundup: Comcast, Vonage

Among the earnings stories for Wednesday, Nov. 4, from AP Financial News:Comcast Corp. reported a 22 percent increase in third-quarter earnings, buoyed by an investm...

Kellogg pulls immunity claims from Rice Krispies

Kellogg Co. says it will pull immunity claims from its Rice Krispies and Cocoa Krispies cereal boxes amid the public's growing concern about swine flu.Kellogg began ...

Analyst says Dolby Labs at fair value; stock sinks

Shares of Dolby Laboratories Inc. dropped Wednesday after an analyst said the audio technology maker's outlook for 2010 implies recovery in consumer spending might take lon...

Stocks jump on more growth at service companies, Sara Lepro And Tim Paradis

Investors rushed into stocks after stronger reports on service industries and employment eased two of the biggest worries about the economy.The Dow Jones industrial ...

Phase Forward authorizes up to $40M in buybacks

Phase Forward Inc., a data manager for clinical drug trials, said Wednesday that its board has authorized share buybacks of up to $40 million over the next year.The ...

Airbus Americas spent $190K lobbying in 3Q

Airbus Americas Inc. spent $190,000 in the third quarter lobbying over its competition for a $35 billion Air Force contract for aerial refueling tankers and other issues, a...

Explosion shakes homes as fire erupts at refinery

An explosion shook nearby homes as a fire broke out Wednesday at a refinery north of Salt Lake City. No injuries were reported, but one house was condemned.The blast...

Commercial pigs in Ind. test positive for H1N1, Henry C. Jackson

The U.S. Department of Agriculture said Wednesday that pigs in a commercial herd in Indiana have tested positive for swine flu, making it the first time the virus has been ...

BioCryst partner seeks peramivir approval in Japan

BioCryst Pharmaceuticals Inc. said Wednesday its partner Shionogi & Co. filed for approval to market BioCryst's IV flu drug peramivir in Japan.Shionogi's filing ...

Dubai delays debut of tallest tower to early 2010, Adam Schreck

Visitors will have to wait until early next year for the opening of the world's tallest building in Dubai.The media office of the city-state's ruler said Wednesday t...

Uncertainty grows on Vermont Yankee future

A key Vermont lawmaker says he thinks there's still a possibility the Legislature will vote this coming session on whether to extend the Vermont Yankee nuclear plant's lice...

Virgin Media prices $1.2B of senior debt

Virgin Media Inc., the London-based provider of TV, Internet and phone services, said Wednesday the pricing has been set for an offering of 715 million pounds ($1.2 billion...

A look at economic developments around the globe

A look at economic developments and activity in major stock markets around the world Wednesday:___LONDON — The U.K. services sector grew at a faster pace in...

Health care dispute: Costs of defensive medicine, Steve Leblanc

Dr. James Wang says he tries to tell his patients when extra medical procedures aren't necessary. If they insist, though, he will do it — not so much to protect their hea...

Streetcar advocates win, critics lose elections

A U.S. streetcar revival fared well in Tuesday's elections, with pro-trolley candidates for mayor in Cincinnati and Charlotte, N.C., winning. A critic of Boise's proposal l...

On the Call-Comcast CEO Brian Roberts

Comcast Corp.'s answer to the growing popularity of watching video over the Internet is to launch its own online video service in December that would let subscribers view c...

Sinclair Broadcast Group 3Q profit up 47 pct

Television broadcasting company Sinclair Broadcast Group Inc. said Wednesday its third-quarter profit increased 47 percent, helped by lower taxes and expenses.But re...

Chrysler aims to revamp Dodge cars under new plan, Dee-ann Durbin And Tom Krisher

Chrysler plans to revamp its struggling Dodge car brand under a new turnaround plan and says the company's cash has grown by nearly $2 billion since it exited bankruptcy pr...

On the Call: Cablevision COO Tom Rutledge

Cablevision Systems Corp. is seeing traditional advertisers return to the market, including companies from the battered automotive and financial-services industries....

Microsoft redesigns MSN, adds Twitter, Facebook, Jessica Mintz

Microsoft Corp. is giving its MSN Web portal a long-overdue makeover and says it hopes the new site will funnel more people to Bing, the software maker's search engine....

FINRA bars California broker for insider trading

The Financial Industry Regulatory Authority on Wednesday said it barred a former registered representative based in California after he took part in insider trading earlier...

Economist: RI unemployment to peak near 14 percent, Ray Henry

The unemployment rate in Rhode Island will continue climbing and peak at 13.8 percent next year even as layoffs taper off, an economist told state budget officials Wednesda...

Stocks jump as services sectors grow for 2nd month, Sara Lepro And Tim Paradis

Investors rushed into stocks after stronger reports on service industries and employment eased two of the biggest worries about the economy.The Dow Jones industrial ...

Textron unit names chief financial officer

Textron Systems Corp. said Wednesday that it named Robert Sullivan chief financial officer, effective Jan. 4.Sullivan will succeed John Condon, who is retiring as se...

Alabama Gas cutting rates for 4th time in a year, Phillip Rawls

With winter approaching, customers of Alabama Gas Corp. are going to pay lower rates for heating their homes, the fourth cutback in the past 12 months.The Birmingham...

NY joins the antitrust effort against Intel, David B. Caruso

The legal challenges to Intel Corp.'s sales tactics mounted Wednesday as New York's attorney general accused the world's biggest computer chip maker of using "illegal threa...

Garmin reports surge in 3Q profit, David Twiddy

Navigational device maker Garmin Ltd. reported a 24 percent increase in third-quarter profit as lower costs offset a drop in sales.The results beat Wall Street estim...

Groups representing Mass. tech firms to merge

Two organizations that represent the interests of technology companies in Massachusetts are combining forces.The Mass Technology Leadership Council, also known as Ma...

Smart Rx: Drugs that work and won't break the bank, Matthew Perrone

Last year pharmaceutical companies spent more than $4 billion urging patients like you to "ask your doctor" about their drugs. But if you want a prescription that won't emp...

Ex-NBA referee Donaghy released from jail

Disgraced former NBA referee Tim Donaghy was a free man Wednesday after serving most of a 15-month sentence in a gambling scandal.Pat Berdan, a consultant working wi...

Oil jumps above $80 despite flat demand, Chris Kahn

Crude prices bounced above $80 per barrel once again on Wednesday, a level that even OPEC leaders have said is too high given the fragile state of the global economy.No more duck house: Britain cuts lawmaker expenses, David Stringer

Drain the moat, tear down the duck house, fire the housekeeper. British lawmakers face strict new allowance rules following a scandal over their outrageous expense claims.<...

ISM's service sector index grows again in October, Tali Arbel

The U.S. service sector grew for a second straight month in October, but at a slower pace than in September, as a broad economic recovery creeps along.The Institute ...

Neutral Tandem 1Q profit jumps 80 percent

Neutral Tandem Inc., which provides services that connect phone networks between providers, said Wednesday its third-quarter profit jumped 80 percent, as the company expand...

American Capital shares jump on debt restructuring

Shares of American Capital Ltd. rallied Wednesday after the private equity firm said it reached a deal to restructure its debt, on top of reporting positive third-quarter r...

Siblings of BetOnSports founder sentenced

Two siblings of BetOnSports founder Gary Kaplan have been sentenced to 10 months of house arrest.The sentences for Neil Scott Kaplan and Lori Beth Kaplan-Multz were ...

NC regulators will not revoke Duke Energy permit

North Carolina regulators have denied a request by environmental groups to revoke Duke Energy Corp.'s permit for coal-fired generators at its new power plant in the western...

New reality cooking show for chef Gordon Ramsay

Celebrity chef Gordon Ramsay has some new people to yell at. The verbally abusive star of Fox's "Hell's Kitchen" has signed a deal with Fox for a second show. Tentatively c...

Ohio voters OK new taxes for 30 library systems

Voters in a number of Ohio communities came to the aid of public libraries that have been cutting hours and staff due to state budget cuts.Levies were approved Tuesd...

NC businesses see workers' comp coverage savings

North Carolina businesses will pay nearly 10 percent less next year for workers' compensation insurance under an agreement between the insurance industry and state regulato...

Petters team tries to turn recordings to advantage, Steve Karnowski

An attorney for the Minnesota businessman accused of orchestrating a massive Ponzi scheme attacked the credibility of the prosecution's star witness Wednesday, playing reco...

Fla. lawyer suspected of fraud sent desperate text, Curt Anderson

A high-profile South Florida lawyer suspected of orchestrating a multimillion-dollar fraud sent his partners a text message from overseas apologizing and calling himself "a...

Study: Mass. transit passenger safety put in peril, Glen Johnson

A sweeping review of MBTA finances found the largest transportation provider in Massachusetts has relied on an overly optimistic and unsustainable financing model that now ...

Cedar Fair: no cash distribution to owners in 2010

Cedar Fair Entertainment Co. says it will not make any cash distribution in 2010 to the owners who hold unit shares in the company as a result of lower revenues.Ceda...

2 CPS Energy execs on leave over project's costs

Two CPS Energy workers are on administrative leave over a recently disclosed jump in the projected cost for two more units at the South Texas Project.The board of th...

Google's 3Q lobbying costs eclipse $1 million, Michael Liedtke

Google Inc.'s quarterly lobbying expenses eclipsed $1 million for the first time during the summer as the company tried to build on its dominance of Internet search and exp...

Mo. county OKs smoking ban in most public places

St. Louis County voters have overwhelmingly approved a measure banning smoking in most public places.Proposition N passed with about two-thirds of the vote in light ...

Dollar declines ahead of Fed statement on rates

The dollar declined ahead of an expected announcement from the Federal Reserve this afternoon that interest rates are likely to remain near zero.Higher interest rate...

MGM CEO, author to keynote Vegas meeting in Jan.

The Las Vegas Chamber of Commerce says MGM Mirage Chief Executive Jim Murren and "Superfreakonomics" author Steven Levitt will speak to business leaders in southern Nevada ...

California lawmakers approve major water deal, Samantha Young

California lawmakers on Wednesday passed an $11.1 billion overhaul of the state's antiquated water system in a bid to supply a soaring population while preserving a fragile...

Lower Brule tribe gets grant from Minn. tribe

The Lower Brule Sioux Tribe in South Dakota has been selected to receive a grant of $940,000 from the Shakopee Mdewakanton Sioux Community of Prior Lake, Minn. The money is...

Maine utility reports copper theft from substation

Bangor Hydro Electric Co. says copper wire's been stolen from one of its substations.Utility crews finished making repairs from an earlier wire theft on Friday eveni...

NH company gets $136M financing plan for hospitals

A company that operates two hospitals and a medical office in New Hampshire is getting a $136.4 million federal loan for expansion and renovation projects.The mortga...

Louisiana-Pacific climbs after analyst upgrade

Shares of Louisiana-Pacific Corp. climbed Wednesday after an analyst upgraded his rating based on the company's progress in meeting financial challenges and the stock's rec...

Earnings Preview: Dynegy to report 3Q results, Mark Williams

Power company Dynegy is scheduled to report third-quarter earnings on Thursday. The following is a summary of key developments and analysis related to the period.OVE...

Illinois tax scofflaws get outed on Web site

Illinois taxpayers and businesses owing more than $1,000 in delinquent taxes are going worldwide.The Department of Revenue has posted its annual list of tax scofflaw...

World markets edge higher ahead of Fed statement, Pan Pylas

World stock markets rose sharply Wednesday after a batch of upbeat earnings reports and expectations that the U.S. Federal Reserve would indicate it will keep its easy mone...

Tennessee gets $12 million for career retraining

The state of Tennessee has received an additional $12 million in federal funding from the U.S. Department of Labor to enhance the state's Trade Adjustment Assistance Progra...

NH Legislature won't lay off or furlough workers

House Speaker Terie Norelli says New Hampshire's legislative branch won't need to lay off or furlough any workers to comply with a mandate to save money.Norelli said...

Revenue cap initiative loses badly in Wash. state, Curt Woodward

The most sweeping plan yet from anti-tax activist Tim Eyman was soundly rejected Tuesday as Washington state voters appeared unwilling to put government on a forced diet of...

GM's Opel move raises anger, new uncertainty, Geir Moulson

General Motors Co.'s decision to scrap the sale of European subsidiary Opel raised new uncertainty Wednesday over the unit's future, astonishing politicians in Germany and ...

French Open's extension project on hold, Samuel Petrequin

The building of a new stadium for the French Open has been blocked because of political issues, but the French Tennis Federation said Wednesday that it was confident it wil...

Comic magazine Viz turns 30, refuses to grow up, Jill Lawless

What makes a British cultural institution? Style? Sophistication?In the case of comic magazine Viz, the ingredients are swearing, toilet humor, and biting satire.Soboba chair pleads not guilty, placed on leave

The chairman of the Soboba Band of Luiseno Indians has pleaded not guilty to accepting more than $250,000 in bribes from tribal vendors.Soboba Chairman Robert Salgad...

Cleveland Mayor Frank Jackson wins 2nd term, Thomas J. Sheeran

Mayor Frank Jackson won a second four-year term by a landslide margin Tuesday, capitalizing on his campaign boast of maintaining city services and avoiding tax increases am...

Maine voters reject tax-cutting referendums, Clarke Canfield

Despite living in one of the nation's most heavily taxed states, Maine voters on Tuesday soundly rejected proposals that would have reduced automobile excise taxes and put ...

Hawaii teacher furlough talks may occur this week, Herbert A. Sample

With less than a week before what could be a pivotal court hearing, a federal judge and lawyers involved in two lawsuits that seek to end Hawaii's teacher furloughs may mee...

Arctic off-limits to commercial fishing Dec. 3, Mary Pemberton

A plan that puts a large area of the Arctic off-limits to commercial fishing goes into effect Dec. 3, federal officials said.The plan was approved by Secretary of Co...

2 Amherst College gifts largest ever to the school

Amherst College received separate gifts of $100 million and $25 million, the two largest in its history, the liberal arts school announced.The gifts were pledged by ...

Okla. quizzes ex-Tyson exec over training document, Justin Juozapavicius

Poultry giant Tyson Foods Inc. cared more about preserving its public image than protecting a million-acre watershed from environmental pollution, attorneys for the state o...

Vonage 3Q loss widens on charge linked to rally

Vonage Holdings Inc. posted a much wider loss for the third quarter on Wednesday, ironically attributing the gap to its stock rally late in the period. The Internet phone s...

Energy companies offer reward in poaching incident

Three energy companies are offering a $10,000 reward for information leading to the conviction of a poacher who shot and killed a bighorn sheep in western Colorado and left...

Kan., Wash. back Boeing for tanker contract, John Milburn

With hundreds of new jobs at stake, Kansas officials are keeping an eye on the competition for an Air Force contract to build a new refueling plane.Chicago-based Boe...

Agriculture futures mostly rise on Chicago BOT

Agriculture futures were mostly higher Wednesday in early trading on the Chicago Board of Trade.Wheat for December delivery added 9.75 cents to $5.255 a bushel, whil...

More North Dakotans report income of $1M or more, James Macpherson

More North Dakota residents reported incomes of $1 million or more last year thanks to the state's booming oil patch.The number of people reporting income of $1 mill...

GMAC Financial Services 3Q loss narrows, Dan Strumpf

GMAC, the main lender for GM and Chrysler customers and dealers, reported another quarterly loss Wednesday as bad loans continued to haunt its mortgage lending unit....

RI panel nixes complaint against attorney general

Rhode Island's Ethics Commission dismissed a complaint Tuesday that accused Attorney General Patrick Lynch of improperly accepting a $428 plane ticket to a New Orleans conf...

Veteran journalist Darling announces retirement

Ed Darling, a veteran editor and publisher at newspapers in Mississippi, Alabama and Oklahoma, has announced his retirement as publisher of the Mississippi Business Journal...

Former HP CEO Fiorina announces bid for US Senate, Juliet Williams

Former Hewlett-Packard Co. Chief Executive Carly Fiorina said Wednesday she is running for the Republican nomination to battle liberal stalwart Barbara Boxer for her U.S. S...

R.R. Donnelley 3Q profit plunges after client loss

R.R. Donnelley & Sons. Co. on Wednesday said its third-quarter profit fell 92 percent, weighed down by charges related to the loss of a big customer.The Chicago ...

House panel votes to give SEC more money, power, Anne Flaherty

The House Financial Services Committee has voted to give federal regulators more power and money to police major players in the stock market.The bill, approved 41-28...

Crude oil stockpiles tumble by 4 million barrels, Deborah Jian Lee

Crude inventories fell last week, along with declining gasoline supplies, the government said Wednesday.Crude inventories fell by 4 million barrels, or 1.2 percent, ...

Oil jumps above $80 ahead of Fed meeting, Chris Kahn

Oil prices increased Wednesday ahead of a government report on U.S. crude supplies as the dollar tumbled and an independent report said the economy shed fewer jobs in Octob...

Chinese agencies fight for control of Web game, Joe Mcdonald

Chinese regulators are fighting over the right to oversee "World of Warcraft," a popular online game, in a bizarre battle that has thrust bureaucratic rivalry for control o...

Palin book tour to start Nov. 18, Hillel Italie

Sarah Palin's book tour is a gift for her base.No stops are planned in Seattle, San Francisco, Philadelphia, Los Angeles and other major cities and book-buying commu...

Affymax 3Q loss narrows partnership payments

Biotechnology company Affymax Inc. said Wednesday its third-quarter loss narrowed on a boost in payments from its partner Takeda Pharmaceutical on the anemia drug candidate...

Stocks rise as services sectors grow for 2nd month, Sara Lepro

Investors rushed into stocks after stronger reports on service industries and employment eased two of the biggest worries about the economy.Stocks jumped Wednesday a...

Garmin reports surge in 3Q profits

Navigational device maker Garmin Ltd. says profits surged in the third quarter as improved pricing and lower costs offset a drop in sales.Garmin makes GPS-equipped d...

Olympic officials tender $1.1 billion in contracts

London Olympic organizers will tender for $1.1 billion worth of goods and services between now and the 2012 Games.Organizing committee LOCOG said Wednesday it would ...

Adidas Q3 net income falls 30 pct, George Frey

German sportswear company Adidas AG said Wednesday its net income fell 30 percent in the third quarter as it saw sales decline, especially at its sport performance division...

French Open's extension project on hold for now, Samuel Petrequin

The project to build a new stadium for the French Open has been blocked because of political issues, but the French Tennis Federation said Wednesday that it was confident i...

Organizers struggle to fill Beijing's Bird Nest

Chinese officials continue to struggle to find uses for the Bird's Nest Stadium, the iconic centerpiece of the 2008 Beijing Olympics.Finding new events for the 80,00...

Goodell, Smith to join NFL labor talks Wednesday

NFL commissioner Roger Goodell and NFL Players Association executive director DeMaurice Smith both are slated to participate in the league's latest round of labor negotiati...

Health care issues: Other presidents have tried

A look at key issues in the health care debate:THE ISSUE: Which former presidents have attempted comprehensive health care reform and why hasn't anyone succeeded?Review: 'SuperFreakonomics' as fun as predecessor, Dinesh Ramde

"SuperFreakonomics: Global Cooling, Patriotic Prostitutes, and Why Suicide Bombers Should Buy Life Insurance" (William Morrow, 320 pages. $29.99) by Steven D. Levitt and St...

British lawmakers face tighter new expense regime, David Stringer

British lawmakers will be banned from using taxpayers' money to make mortgage payments on second homes or hiring family members as staff under new rules published Wednesday...

Bridgepoint 3Q profit, guidance top expectations

Online education provider Bridgepoint Education Inc. said Wednesday that net income in the third quarter more than doubled as the school enrolled more students in its Web c...

Watson 3Q profit falls 11 percent on taxes, costs

Drug developer Watson Pharmaceuticals Inc. said Wednesday its profit fell 11 percent in the third quarter as higher taxes and charges offset a revenue boost.Watson s...

Elevator to space? They're really trying

Rocketing into space? Some think an elevator might be the way to go.That's the future goal of this week's $2 million Space Elevator Games in the Mojave Desert.Stocks open higher as investors await Fed decision, Sara Lepro

Encouraging news on the labor market buoyed stocks in early trading Wednesday as investors waited for the Federal Reserve to weigh in on the economy.The ADP National...

SF Chronicle to print on high-quality glossy paper

The San Francisco Chronicle says it will become the first newspaper in the nation to print on high-quality glossy paper.The newspaper says it's making the change sta...

STIMULUS WATCH: Salary raise counted as saved job, Brett J. Blackledge And Matt Apuzzo

The government's latest count of stimulus jobs significantly overstates the effects of the $787 billion program under a popular federal preschool program, raising fresh que...

T-Mobile says phone service outage resolved

Wireless provider T-Mobile USA Inc. says it has cleared up service problems that were interfering with calls and text messaging for about 5 percent of its customers....

NYC mayor bruised by surprisingly close victory, Sara Kugler

Billionaire Mayor Michael Bloomberg heads toward a third term bruised by a surprisingly close re-election battle that exposed lingering anger over his reversal on term limi...

Voters in struggling Ohio approve 4 urban casinos

Ohio voters hit hard by the economic downturn have approved casinos on the fifth try by gambling supporters in the past two decades.Tuesday's vote is a significant v...

ADP posts higher 1Q profit despite revenue decline

Rising unemployment and the struggles of the U.S. auto industry were both evident as payroll and benefits outsourcer Automatic Data Processing Inc. reported a slim 3 percen...

SPIN METER: Rankings unfair to US higher ed?, Justin Pope

The United States spends more money than any other country, and its elite institutions are the world's best. But overall the system is wasteful, fails too many — and is f...

Sarah Palin promises more cities on book tour

Former Republican vice presidential candidate Sarah Palin is promising to visit more cities than a conventional book tour when her memoir "Going Rogue" is published later t...

Denver public TV plans nonprofit news operation

A Denver public television station is planning a nonprofit investigative news operation with a Web site and on-air program.KBDI-TV said this week it will launch the ...

Germany fumes over GM ditching Opel sale to Magna, Melissa Eddy

Germany's politicians fumed with anger and Opel workers canceled cost concessions and readied walkouts after General Motors Co. abandoned the sale of its European subsidiar...

Molson Coors 3Q profit rises 37 pct on price hikes

Consumers bought less beer made by Molson Coors in its third quarter, but profit rose 37 percent because of price increases and cost savings from the company's joint ventur...

European stocks up on earnings cheer ahead of Fed, Pan Pylas

European stocks rose and Wall Street was expected to open higher Wednesday after a batch of upbeat earnings reports and ahead of the latest economic update from the U.S. Fe...

GMAC Financial Services net loss narrows in 3Q

GMAC Financial Services, the main lender for General Motors Co. and Chrysler Group LLC, said Wednesday it lost $767 million in the third quarter, as its struggling home mor...

Merck, now No. 2 drugmaker, set for future buys

The new Merck & Co. has become the world's second-biggest drugmaker overnight with a huge acquisition, but it still has a fat wallet and plans more wheeling and dealing...

Ancestry.com hopes to raise $100 million in IPO, Erin Conroy

Genealogy Web site Ancestry.com hopes to raise about $100 million when it goes public this week. With more than a million paying subscribers, little competition, a small de...

TRW Automotive turns 3Q profit on lower costs

TRW Automotive Holdings Corp. posted a third-quarter profit of $56 million on Wednesday, as cost cuts helped the auto parts supplier recover from a loss a year earlier. It ...

Ahead of the Bell: Stec shares dive on outlook

Shares of Stec Inc. tumbled ahead of regular trading Wednesday after the company gave a weak outlook for the rest of the year and investors fretted about rising competition...

MillerCoors 3Q profit up on cost-control efforts

MillerCoors, a U.S. joint venture between Molson Coors Brewing Co. and SABMiller PLC, said Wednesday that its third-quarter profit climbed on cost-control efforts as well a...

Terra rejects CF's latest takeover offer

Fertilizer company Terra Industries Inc. on Wednesday rejected rival CF Industries' latest unsolicited takeover offer, saying the $4.1 billion bid was still too low....

Bank of England faces key stimulus decision, Robert Barr

The Bank of England's injection of 175 billion pounds ($289 billion) into the economy hasn't yet pulled Britain out of recession, and the central bank now faces a difficult...

Nissan returns to quarterly profit on China sales, Tomoko A. Hosaka

Japanese automaker Nissan Motor Co. climbed into the black last quarter and forecast a smaller yearly loss as surging sales in China helped offset sluggish demand in the We...

Oil up above $80 on weak dollar, lower inventories, Pablo Gorondi

Oil prices rose to above $80 a barrel Wednesday, helped by the weaker dollar and a report pointing to a drop in U.S. crude supplies.By mid-afternoon in Europe, bench...

Pulte Homes posts $361.4M loss for Q3

Pulte Homes Inc. lost $361.4 million in the third quarter, but with the acquisition of Centex Corp., the homebuilder's new orders increased by more than a third.Pult...

Marsh & McLennan 3Q profit beats expectations

Marsh & McLennan Cos. said Wednesday it returned to profitability in the third quarter amid improving earnings in its risk and insurance services division and a decline...

Total Q3 profit halved, but better than expected, Greg Keller

Total SA, Europe's third-largest oil company, reported Wednesday that profits were more than halved in the third quarter, due to a sharp fall in energy prices, but were sti...

Comcast 3Q net income up 22 pct, but growth slows, Deborah Yao

Comcast Corp. reported a 22 percent increase in third-quarter earnings Wednesday after stepping up promotions on its bundled video, phone and Internet plans.The nati...

Time Warner 3Q profit drops, boosts outlook

Media conglomerate Time Warner Inc. reported a 38 percent drop in third-quarter profit Wednesday after being hurt by declines at its AOL and publishing segments.Even...

Nissan returns to profit in latest quarter, Tomoko A. Hosaka

Struggling Japanese automaker Nissan Motor Co. said Wednesday it climbed back into the black in the latest quarter and predicted a smaller yearly loss thanks to soaring dem...

US stock futures higher ahead of Fed decision, Sara Lepro

Stock futures are indicating a higher opening Wednesday on Wall Street as investors await the Federal Reserve's latest assessment of the economy.Futures extended ear...

Toyota pulling out of Formula 1 to cut costs, Jim Armstrong

Toyota is pulling out of Formula One racing, the world's largest automaker announcing Wednesday that it needs to cut costs and focus on its core business.For the fir...

Delphi Automotive creates new board of directors

Delphi Automotive LLP, which exited bankruptcy protection last month, said Wednesday that it has created a new board that will be led by former DuPont Chairman John Krol.Apple's partner sells 5,000 iPhones in China debut

Apple Inc.'s local partner has sold 5,000 iPhones since the smart phone's formal weekend debut in China, a lackluster start after analysts warned the company might be setti...

Garmin to release third-quarter earnings

Navigational device maker Garmin Ltd. is expected to report lower third-quarter profits and revenues from a year ago.The Cayman Islands-based company, which has its ...

Ahead of the Bell: ISM service sector index

A trade group's measure of the health of the U.S. service sector likely rose for a second straight month in October as consumer spending ticks higher, a crucial ingredient ...

Earnings cheer boosts European stocks ahead of Fed, Pan Pylas

European stock markets recovered Wednesday, helped by upbeat earnings reports across the region ahead of the latest economic update from the U.S. Federal Reserve.The...

German indignation over GM decision to keep Opel, Melissa Eddy

Opel labor representatives called for work stoppages across Europe to protest General Motor Co.'s decision not to sell its European subsidiary, and Germany's government vow...

3 million acres taken out of conservation program, Roxana Hegeman

Surveying undulating grasslands that disappear into the western Kansas horizon, retired farmer Joe Govert pointed out parcel after parcel no longer enrolled in a federal pr...

Oil falls to near $79 despite US crude supply drop, Alex Kennedy

Oil prices fell slightly to near $79 a barrel Wednesday in Asia despite an unexpected drop in U.S. crude supplies which suggested demand may be picking up.Benchmark ...

Windstream to buy NuVox for $643 million

Phone company Windstream Corp. said Tuesday it's buying NuVox Inc. for $643 million in stock and cash.Windstream said the purchase of NuVox, a phone company that ser...

Sprint laying off part of wholesale division

Sprint Nextel Corp. says it plans to trim jobs "in the dozens" from its wholesale division amid slowing business.The nation's third-largest wireless provider confirm...

American Tower 3Q net income rises 11 pct

American Tower Corp., one of the nation's largest owner of cell phone towers, on Tuesday said net income for the third quarter rose 11 percent on the back of strong growth ...

Crown Castle posts larger-than-expected 3Q loss

Crown Castle International Corp., which owns and operates cell phone towers, on Tuesday reported a third-quarter loss roughly flat with year-ago results, as higher sales fa...

Tw telecom swings to 3Q profit from loss

Tw telecom inc., formerly Time Warner Telecom, said Tuesday that it turned a profit in the third quarter, reversing a year-ago loss, but warned that turnover among smaller ...

T-Mobile still out of order for some subscribers

T-Mobile USA Inc. said about 5 percent of its subscribers are still having problems with its phone and data services as of Tuesday evening.The wireless carrier said ...

Intel, chipmakers slip on Morgan Stanley downgrade

Some semiconductor stocks finished lower Tuesday after a Morgan Stanley analyst downgraded the sector and individual stocks including Intel Corp. on a prediction that a boo...

AT&T sues Verizon in Ga. over 'map for that' ads

AT&T Inc. is suing Verizon Wireless over its competitor's "There's a Map for That" commercials, saying in a lawsuit filed Tuesday that the ads are misleading and amount...

Fed likely to keep key interest rate at record low, Jeannine Aversa

Faced with lurking dangers to the budding recovery, Federal Reserve policymakers are sure to leave a key interest rate at a record low to entice Americans to spend more and...

Asia stocks rise as China growth forecast upgraded, Jeremiah Marquez

Asian stocks recovered Wednesday after two days of losses as the World Bank raised its growth forecast for China's economy and stronger commodities prices lifted the region...