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Business News: Most Recommended
Last update: 257 days, 11 hours ago
 
Sam's Club, Costco limit rice purchases as prices rise
23 Apr 08, 23:22 ET
AP - The two biggest U.S. warehouse retail chains are limiting how much rice customers can buy because of what Sam's Club, a division of Wal-Mart Stores Inc., called on Wednesday "recent supply and demand trends."
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Apple profit rises but margins a letdown
23 Apr 08, 19:51 ET
Reuters - Apple Inc on Wednesday posted a 36 percent rise in quarterly profit, helped by strong sales of Macintosh computers and iPods, but its lower profit margin and cautious outlook disappointed investors.
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Bull market in gold means big bucks for old dental work
23 Apr 08, 16:15 ET
AP - Dazzled by the bull market in gold, people are digging through drawers for old dental caps, fillings and bridgework they saved years ago and selling them at prices that would make the tooth fairy blush.
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Delta and Northwest report combined $10.5B loss on fuel cost
23 Apr 08, 09:28 ET
AP - Delta Air Lines Inc., the nation's third-largest carrier, said Wednesday its loss widened in the first quarter to a whopping $6.39 billion because of soaring fuel prices and the steep decline in the company's market value.
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Existing Home Sales Drop for Seventh Straight Month
23 Apr 08, 08:08 ET
BusinessWeek Online - It wasn't too surprising that median prices for U.S. used homes dropped again in March -- the seventh straight month of declines, the National Association of Realtors reported on Apr. 22.
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Not Guzzling Quite So Much Gas
23 Apr 08, 08:08 ET
BusinessWeek Online - For 20 years now, workers in Palm Beach County, Fla., have been counting cars with sensors at strategic points along the county's 4,000 miles of roads. And as sure as the tide flows in the nearby Atlantic, nearly every year traffic volume has climbed at least 2%. But in 2007 there was a slight decline in the number of vehicles on the roads. And this year, traffic is down 7.5% through March. "We're seeing a very significant change," says county engineer George Webb. "We're having a good time speculating why."
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SEC refuses to say why Bear enquiry dropped: report
23 Apr 08, 05:24 ET
Reuters - Regulatory officials turned down a congressional request to reveal why they aborted an inquiry into whether Bear Stearns Cos improperly valued complex debt securities, hurting investors in the process, the Wall Street Journal reported on Wednesday.
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Yahoo 1Q profit rises, but Microsoft bid likely to stand pat
23 Apr 08, 02:13 ET
AP - Yahoo Inc. delivered first-quarter results that eclipsed analysts' modest expectations, but the performance did little to support the Internet pioneer's demands for software maker Microsoft Corp. to raise its takeover bid above $45 billion.
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