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Early rally fades; stock market down for the week
An early rally faded on the stock market Friday, leaving indexes down about 3 percent for the week as worries resurfaced about a breakup of the euro. BlackBerry maker Research in Motion plunged after slashing its forecast for holiday sales. The Dow Jones...Tags: Cablevision Systems Corp., Television Industry, Stock Activities, Holidays, Companies and Corporations
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Consumer prices were unchanged in November, government data show
The prices paid by consumers for a variety of goods and services were unchanged in November, mainly because of declining energy costs, government data showed Friday. The Labor Department said the consumer price index was flat last month, matching the...Tags: Central Bank, Finance, Commodity Markets, Consumers, Economy, Business and Finance
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Wholesale prices up a modest 0.3% last month
Wholesale prices rose a modest 0.3 percent last month as U.S. companies paid more for such items as food and pharmaceuticals. But energy prices barely rose, keeping inflation in check. In the 12 months ending in November, wholesale prices have increased...Tags: Drugs and Medicines, Wells Fargo & Co., Central Bank, Consumers, Health
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Honda in fight with TrueCar.com over prices displayed online
In another sign of the Internet's increasingly influential role in auto sales, dealers are in the middle of a fight between Honda and TrueCar.com over prices displayed online. American Honda Motor Co. has told its dealers that it won't give them...Tags: Passenger Cars, Companies and Corporations, Honda, U.S. Military, Hyundai
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California gas prices drop but remain high for this time of year
California motorists saw a steep drop in pump prices over the last week, but it wasn't enough to end a long run of record seasonal pain from fuel costs. The average price of a gallon of regular gasoline in California fell 15.7 cents to $3.498,...Tags: New York Mercantile Exchange, Commodity Markets, Energy Saving, Environmental Issues, Petroleum Industry
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West seeks Saudi Arabia's help on Iran oil sanctions
In a new effort to persuade Iran to halt its nuclear program, the Obama administration and its European allies are asking Saudi Arabia to help them squeeze Iran's vital oil sector without driving up world energy prices and damaging the global economy....Tags: Unrest, Conflicts and War, Commodity Markets, Nuclear Weapons, Politics, Energy Saving
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Justice Department confirms investigation of e-book industry
TechnologyThe U.S. Justice Department's antitrust arm said it was looking into potentially unfair pricing practices by electronic booksellers, joining European regulators and state attorneys general in a widening probe of large U.S. and international e-book... -
Justice Department investigates e-book pricing
The U.S. Justice Department's antitrust arm said it was looking into potentially unfair pricing practices by electronic booksellers, joining European regulators and state attorneys general in a widening probe of large U.S. and international e-book...Tags: U.S. Department of Justice, Companies and Corporations, News Corp., Apple Inc., Electronics
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J.C. Penney buys stake in Martha Stewart Living
J.C. Penney Co. is buying a minority stake in Martha Stewart Living Omnimedia Inc. for $38.5 million, the latest move by the department store to attract new customers and perk up lackluster sales. Penney is acquiring a 16.6 percent stake in the media and...Tags: Kohl's Illinois, Inc., Companies and Corporations, Apple Inc., New Products, JC Penney Company Inc.
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EU antitrust regulators investigate Apple, e-book publishers
TechnologyEuropean Union antitrust regulators are investigating Apple Inc. and the e-book business model it uses to sell digital titles from five of the largest international book publishers. Officials from the European Commission said Tuesday they were looking... -
E.U. in antitrust probe of Apple, e-book publishers
The European Union's antitrust watchdog is probing whether Apple helped five major publishing houses illegally raise prices for e-books when it launched its iPad tablet and iBookstore in 2010. The probe, announced Tuesday by the European Commission,...Tags: Restraint of Trade, News Corp., Anti Trust Crime, CBS Corp., Books
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Damien Hirst prepares to unleash another blizzard for buyers
Damien Hirst does not consider himself a serious gambler. He likes to play roulette "because it's easy." And he tells a story about learning the "fail-safe rules for blackjack" from his London gallerist Jay Jopling, only to lose all of his money at the...Tags: Sotheby's Holdings Incorporated, Artists, Robert Hughes, England, Arts
Dec 16, 2011
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Dec 16, 2011
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Dec 15, 2011
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Dec 15, 2011
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Dec 13, 2011
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Dec 13, 2011
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Dec 7, 2011
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Dec 8, 2011
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Dec 7, 2011
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Dec 6, 2011
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Dec 6, 2011
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Dec 10, 2011
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