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| Study: Retirement savers make costly 401(k) mistakes |
12 May 08, 00:07 ET |
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| AP - Despite extensive efforts to educate workers about saving for retirement, many employees are not doing a good job of managing their company-sponsored 401(k) accounts, a new study indicates. |
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| High demand, price of rice good news to US farmers |
11 May 08, 17:21 ET |
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| AP - Dipping its left wing, a canary-yellow biplane makes a sharp turn and dives over a flooded field, showering rice on the shallow water 15 feet below. |
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| Retailers likely to post grim 1st-quarter results |
11 May 08, 15:00 ET |
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| AP - After slashing inventory and cutting expenses, the retail industry is still bracing for the largest overall quarterly profit decline in at least nine years when merchants report their first-quarter earnings this week. |
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| China forms company to make regional, jumbo jets |
11 May 08, 03:03 ET |
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| Reuters - China has established a company to
build regional commercial jets, with an eye to eventually
reducing the country's reliance on Boeing and Airbus
for jumbo jets, official media said on Sunday. |
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| News Corp unexpectedly drops bid for Newsday |
10 May 08, 15:05 ET |
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| Reuters - Rupert Murdoch's News Corp on Saturday
dropped its $580 million bid for Tribune Co's Newsday
newspaper, just days after Murdoch said a deal was imminent,
leaving cable television operator Cablevision as the likely
winner of the Long Island daily. |
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| Young widower pushes for change in Mass. life insurance law |
10 May 08, 13:35 ET |
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| AP - When Jenny and John Crowley learned they were having a baby, they did the responsible thing: they bought life insurance. |
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| Countrywide falls on worry over B of A merger |
9 May 08, 15:39 ET |
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| Reuters - Countrywide Financial Corp
shares fell nearly 6 percent on Friday on renewed speculation
that Bank of America Corp will renegotiate or cancel
its agreement to buy the largest U.S. mortgage lender. |
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| Mortgage credit losses could total $500 bln: Goldman |
9 May 08, 15:25 ET |
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| Reuters - Goldman Sachs economists expect a
total of $500 billion in residential mortgage credit losses, a
renewed slowdown in economic activity after the near-term boost
from fiscal stimulus, and no monetary policy tightening in 2008
or 2009, according to a research note from the firm. |
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| U.S. crude futures jump more than $2, above $126 |
9 May 08, 09:36 ET |
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| Reuters - U.S. crude futures jumped more than $2
to a record high above $126 on Friday, fueled by fund buying
and surging distillate prices on both sides of the Atlantic,
according to traders. |
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| Foreclosure Bargains on the Block |
9 May 08, 08:08 ET |
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| 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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