News Alerts
Sam's Club® Tests Online Small Business Loan Program for Main Street (Jul-6, 04:00 EDT )-- Existing small business owners and entrepreneurs with hopes of starting up continue to seek access to capital in the form of bank loans, yet are still struggling to land credit. Only half of small businesses that tried to borrow last year got all or...
RSS Feed Alerts
Wall Street Traders Return and Start Buying (Jul-6, 09:37 EDT )-- Indexes were higher as investors tried to recover losses that piled up after a string of disappointing economic reports.
Service Sector Growth, Hiring Plans Slow (Jul-6, 09:16 EDT )-- An industry trade group says the service sector grew more slowly in June, yet another sign growth could weaken in the second half of 2010. The Institute for Supply Management also says employers' plans to hire declined in June after growing in May for...
Wal-Mart Isn't A Bank. Yet. (Jul-6, 08:19 EDT )-- Sam's Club, a division of Wal-Mart, will work with a finance company to offer loans of up to $25,000 to small businesses. It's the latest in the company's push into finance.
Lobbyists Try to Reframe Distracted Driving Issue (Jul-6, 07:15 EDT )-- An electronics trade group and a lobbying firm have been pushing separate efforts to broaden the debate's focus to cover all in-car distractions, angering the Transportation Secretary.
Nokia to Exit Wireless Modem Business (Jul-6, 07:10 EDT )-- Nokia is selling the business to Renesas Electronics of Japan for $200 million, as stiff competition from Chinese companies has driven down prices for the products.
Start-Up Airlines in a Struggle to Survive (Jul-6, 06:50 EDT )-- Barriers to success include access to takeoff slots and gates, and restrictions on foreign investments.
Hilcorp Energy Shares the Wealth (Jul-6, 06:00 EDT )-- An unusual oil company offers an unusual bonus plan.
Sri Lanka Loses E.U. Trade Benefit (Jul-6, 05:33 EDT )-- The European Union is suspending preferential treatment for Sri Lankan imports because it says the government has not committed to resolving human rights complaints.
Post Office Plans To Announce Rate Increase (Jul-6, 03:00 EDT )-- The U.S. Postal Service lost nearly $4 billion in the last fiscal year -- despite cutting 40,000 full-time jobs. It's been more than a year since first-class stamps went up to 44 cents. Postal officials will announce a rate increase Tuesday.
China To Offer IPO Of Agricultural Bank (Jul-6, 03:00 EDT )-- China plans to sell stock in one of its largest banks. The Agricultural Bank of China has more customers than the entire U.S. population -- more than 300 million. Officials hope to raise more than $20 billion -- making this the largest IPO in history.
Economy Is Growing But Momentum Has Slowed (Jul-6, 03:00 EDT )-- Stocks are falling again, Treasury rates are hovering at their lowest level in more than a year, and mortgage rates are at historic lows. How are markets reacting to the latest economic assessments? David Wessel of The Wall Street Journal talks to...
BP Wants Help With Gulf Cleanup Costs (Jul-6, 03:00 EDT )-- BP says the oil spill in the Gulf of Mexico already has cost it more than $3 billion, and that doesn't include the giant escrow fund it has established to pay claims. The company also says it wants some of its corporate partners in the well to pay for...
Afghan Mineral Deposits Could Unearth Corruption (Jul-6, 03:00 EDT )-- After a survey showed Afghanistan could be sitting on $1 trillion worth of minerals, competing visions have emerged for the nation's future. Evan Feigenbaum, an adjunct senior fellow at the Council on Foreign Relations, tells Renee Montagne that...
Low-Income Homeowners Fear Lurking Foreclosures (Jul-6, 03:00 EDT )-- The crash in house prices has been particularly painful for low-income homeowners. Prices in low-income neighborhoods have fallen more than anywhere else. Some of those homeowners bought at or near the top of the market.
More Concerns About Slowing Growth in Asia (Jul-6, 02:48 EDT )-- The Australian central bank kept interest rates on hold on Tuesday and a key economic index in Japan slipped in May, adding to the evidence of more moderate growth in the region.
U.S. Urges China to Free American Geologist (Jul-6, 01:10 EDT )-- American officials reacted with puzzlement to the prison sentence imposed on an American geologist because he sold a database on China’s oil industry.
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