Business

Texas high court agrees to rehear Exxon case

The Texas Supreme Court on Friday said it will again hear arguments in the nearly 15-year legal battle over accusations that Exxon Mobil Corp. loaded abandoned wells with junk, sludge and even explosives to keep other companies from drilling there.

Nov 20, 2009 | 7:05 pm

Ex-Vivendi CEO: I made mistakes but never misled

Ex-Vivendi CEO: I made mistakes but never misled

Former Vivendi CEO Jean-Marie Messier told a jury Friday he made mistakes in his troubled bid to turn the French water company into a global media giant, but he never misled shareholders about the risks.

Nov 20, 2009 | 5:35 pm

Stocks fall for 3rd day as dollar strengthens

Stocks fall for 3rd day as dollar strengthens

Investors can't shake their fears that the economy isn't keeping up with the stock market.

Nov 20, 2009 | 4:20 pm

Small Florida bank shuttered, 124th this year

Florida banking regulators on Friday shut down Commerce Bank of Southwest Florida, marking the 124th U.S. bank to succumb this year to the struggling economy and rising loan defaults.

Nov 20, 2009 | 4:15 pm

Americans save more but earn less as rates fall

Americans save more but earn less as rates fall

The U.S. is finally becoming a nation of savers. Now if only we could get something for our money.

Nov 20, 2009 | 4:05 pm

J.M. Smucker 2nd-quarter profit soars on coffee

J.M. Smucker 2nd-quarter profit soars on coffee

J.M. Smucker Co. nearly tripled its profit in the second quarter as the addition of Folgers coffee gave a jolt to its lineup and lower commodity prices for coffee beans and other items fattened its profit margins.

Nov 20, 2009 | 3:35 pm

D.R. Horton sees 26 perecent spike in 4Q orders

D.R. Horton sees 26 perecent spike in 4Q orders

Homebuilder D.R. Horton Inc., saw new home orders spike 26 percent from a year ago in the latest quarter as buyers raced to close deals and take advantage of a federal tax credit. But a wider-than-anticipated loss fueled by write-downs sent shares tumbling more than 15 percent Friday.

Nov 20, 2009 | 3:20 pm

Chase drops arbitration from card contracts

JPMorgan Chase & Co. said Friday it is dropping a clause from its credit card contracts that required disputes with customers to be handled through binding arbitration, a move that could lead to consumers filing class-action and other lawsuits.

Nov 20, 2009 | 3:10 pm

AP changes roles for 6 news editors, 4 photo eds

The Associated Press has named six news editors to oversee expanded multistate territories and has assigned four interim regional photo editors as part of a restructuring of U.S. news management to ensure the continuing strength of the news cooperative's state reports.

Nov 20, 2009 | 2:35 pm

GE, Vivendi talks over NBC Universal stretch on

GE, Vivendi talks over NBC Universal stretch on

A deal for Comcast Corp. to buy a controlling stake in NBC Universal and create one of the most powerful media companies in the world is taking longer than expected as the current owners tussle over price.

Nov 20, 2009 | 2:10 pm

B&N Nook sells out, too late for holiday orders

Consumers who haven't yet ordered Barnes & Noble's electronic book reader, the Nook, won't see one before Christmas.

Nov 20, 2009 | 1:45 pm

Suit over search-engine keywords tries new angle

A lawsuit in Wisconsin is bringing a fresh challenge to the practice of paying for keywords on Google and other search engines to boost one company's link over a rival's.

Nov 20, 2009 | 1:25 pm

More states add jobs, but many for temporary staff

In a sharp improvement, more than half of U.S. states added jobs in October, though economists said many of the gains likely occurred in temporary employment.

Nov 20, 2009 | 1:15 pm

Natural gas plunges 12 percent this month

Natural gas prices have dropped by more than 12 percent in the past month as the country continues to sip at its energy reserves and a balmy November allowed homeowners to leave the heat off.

Nov 20, 2009 | 1:10 pm

ALL BUSINESS: Economics 101, by way of toy hamster

ALL BUSINESS: Economics 101, by way of toy hamster

In a world full of economic indicators, the best one during the holiday season may prove to be a furry toy hamster.

Nov 20, 2009 | 12:00 pm

Utility: Rate hike could shrink

Utility: Rate hike could shrink

More than a month after requesting a rate increase of 13.7 percent for 2010, Rocky Mountain Power officials say several factors are in play that could lessen the impact on Wyoming ratepayers.

Nov 20, 2009 | 11:30 am | Loading…

Don't blame wind, officials say

Power producers have installed more than 500 megawatts of wind energy generation in Wyoming in the past year. One driver behind the wind boom presumably is action by other states in the West to require that utilities use certain percentages of renewable energy in their power supplies -- c…

Nov 20, 2009 | 11:30 am | Loading…

Senate Dems moving ahead on crucial health vote

Senate Dems moving ahead on crucial health vote

A wavering centrist Democrat said Friday he'd stand with Senate Democratic leaders on a crucial weekend test vote on their sweeping health care bill amid indications other moderates would fall in line.

Nov 20, 2009 | 11:25 am

Web sites cater to for-sale-by-owner home sellers

Selling a home without a real estate agent can save thousands of dollars in commission fees, but it can also be a painstaking, confusing task.

Nov 20, 2009 | 11:05 am

EU extends Oracle/Sun review deadline until Jan 27

European Union regulators said Friday that they have extended until Jan. 27 a deadline to wrap up their antitrust review of Oracle Corp.'s planned $7.4 billion takeover of Sun Microsystems Inc.

Nov 20, 2009 | 9:00 am

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