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Business News: Most Emailed
Last update: 1 hour, 1 minute ago
 
Icahn prepared to buy Circuit City if Blockbuster can't
9 May 08, 09:57 ET
AP - Consumer electronics retailer Circuit City Stores said Friday that it will allow Blockbuster to review its books in connection with the video-rental chain's bid to buy the company.
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Oil surpasses $126 per barrel ahead of US driving season
9 May 08, 09:45 ET
AP - Oil prices surpassed a record $126 per barrel Friday on the eve of the U.S. driving season as a weakening dollar drove investors to snap up commodities.
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Stocks open lower as AIG reveals need for cash, oil surges
9 May 08, 09:43 ET
AP - Wall Street fell sharply early Friday as investors digested wider-than-expected losses at insurer American International Group Inc. and another worrisome spike in oil prices.
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Diageo brews Irish Guinness overhaul
9 May 08, 09:34 ET
AP - Guinness beer owner Diageo PLC rattled an Irish icon Friday, announcing plans to lay off more than half of its brewery workers, close two breweries and shift most beer production to a new, high-tech plant in the Dublin suburbs by 2013.
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March trade deficit drops by bigger-than-expected amount
9 May 08, 09:24 ET
AP - The U.S. trade deficit narrowed sharply in March as demand for imports fell by the largest amount since the last recession was ending.
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Citigroup targeting 9 percent revenue growth
9 May 08, 09:02 ET
AP - Citigroup Inc. said Friday it is aiming for 9 percent revenue growth as it looks to rebound from recent struggles tied to deterioration in the mortgage and credit markets.
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Wall Street set to stumble on AIG loss
9 May 08, 08:58 ET
Reuters - Stock index futures fell on Friday, with financial stocks poised to decline after American International Group , the world's largest insurer, reported a larger-than-expected record loss.
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Sanofi hit by ge
9 May 08, 08:41 ET
Reuters - French drugmaker Sanofi-Aventis , which briefly encountered generic competition to its second-biggest product Plavix in the United States in 2006 and 2007, now faces a similar threat in Europe.
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Student Health: What You Need to Know
9 May 08, 08:08 ET
BusinessWeek Online - Over 5 million college students in the U.S. lack coverage under their parents' health insurance plans. Most colleges try to fill this gap by offering a school-sponsored health insurance plan. But a school's seal of approval does not mean the plan will be sufficient in a time of need. In fact, better options may be available elsewhere. Students and parents should thoroughly examine the plan before signing up. Here are a few things industry experts say you should consider when looking for a college health plan:
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Foreclosure Bargains on the Block
9 May 08, 08:08 ET
BusinessWeek Online - At the end of 2006 a new 4,000-square-foot home with a three-car garage in a small gated subdivision in Las Vegas sold for $1 million. On May 6 the bank that owns the now foreclosed property at 7604 Noche Oscura Circle agreed to sell it for $500,000 ($32,900 below the already discounted asking price).
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