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Business News: Most Recommended
Last update: 254 days, 19 hours ago
 
Wachovia part of probe into Latin drug money: report
26 Apr 08, 13:43 ET
Reuters - Wachovia Corp is being investigated by federal prosecutors as part of a probe into alleged laundering of drug proceeds by Mexican and Colombian money-transfer companies, The Wall Street Journal reported on Saturday.
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Dealers see SUV glut as drivers trade in gas guzzlers
26 Apr 08, 10:24 ET
AP - For used car dealer Ivan Hoyos, accepting a sport utility vehicle as a trade-in is no longer good business. The only SUV he's offering at his Florida Auto Sales and Finance is his mother's red 2004 Mitsubishi Endeavor.
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Demand for small cars, crossovers soar along with gas prices
26 Apr 08, 10:22 ET
AP - Scott Piechocinski roamed the rows of a CarMax dealership in Charlotte, N.C., on a recent afternoon, searching for something small to replace his son's 2001 Nissan Pathfinder sport utility vehicle.
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Common glitch at pump adds to gas costs, also cheats station
26 Apr 08, 10:19 ET
AP - Angry about the price of gas? Just imagine paying for gas you don't get. Some alert consumers have noticed it over the years: A pump that seems to hesitate a second when the lever is squeezed. Anywhere from 2 to 6 cents tick off before the rush of gasoline starts. That's what happens with a common, hard to diagnose and mostly ignored problem with the "check valve," which is supposed to make sure gas flows at the same time the price meter starts.
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FDA turns down application for combo allergy drug
26 Apr 08, 03:12 ET
AP - The Food and Drug Administration has turned down an application by two drugmakers to produce an allergy drug combining the active ingredients of their popular Claritin and Singulair tablets.
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