Sunday, August 15, 2010

Oil closes above $74Oil prices rose Monday after better-than-expected economic reports raised optimism about improved energy demand. A pipeline attack in Nigeria also sparked supply concerns.
Treasurys down on Obama budgetTreasurys fell Monday after the Obama administration unveiled a .8 trillion budget and a report showed personal income rose in December.

Monday, August 9, 2010

Is it safe to buy Toyota stock?Toyota may finally have a fix for the sticking gas pedal problem that led to a massive recall of many of its popular vehicles.
Dollar rises on upbeat reportsThe dollar rose against most currencies Monday after upbeat reports, including data on U.S. manufacturing, added to recovery hopes.

Wednesday, August 4, 2010

Where Toyota went wrongWhen Toyota gets around to doing one of its famous "root cause" analyses of the Great Accelerator Recall, it should start by looking in the mirror.
CBS sells out Super Bowl adsIf you haven't bought a spot for your Super Bowl ad, then you're too late.

Friday, July 30, 2010

Is the American Red Cross worthy of our donations?Haiti's catastrophe has triggered an outpouring of support for the American Red Cross, which has raised more than 8 million dollars for its Haiti Relief and Development fund in just three weeks, far more than any other charitable organization. But, is the American Red Cross worthy of such generosity given its mixed record of performance during the past decade?
Toyota's loss: Ford's and Hyundai's gainWho will benefit from Toyota's woes?

Sunday, July 25, 2010

When 'free checking' isn't freeFree checking will remain free for a just little bit longer for some Citibank customers.
Stimulus: Secret sequel in the budgetThey're not calling it Stimulus 2, but the Obama administration wants to extend the life of several Recovery Act provisions by building them into the federal budget.

Tuesday, July 20, 2010

Branson goes 20,000 leagues under the seaVirgin unveiled the latest addition to Richard Branson's luxury fleet on Friday: an underwater plane that will fly riders into the depths of the Caribbean Sea.
Cavs' Williams to miss month with shoulder injuryCLEVELAND (AP) -- Cleveland Cavaliers starting point guard Mo Williams will miss Thursday's game against the Los Angeles Lakers with a sprained left shoulder.

Friday, July 16, 2010

Tigers' Cabrera undergoing alcoholism treatmentDETROIT (AP) -- Instead of honing his swing this offseason, Miguel Cabrera focused on getting sober.
Safina cruises, Jankovic bouncedMELBOURNE, Australia (AP) -- Dinara Safina has advanced to the fourth round at the Australian Open, doing everything she can to expel the memories of her lopsided loss to Serena Williams in last year's final.

Sunday, July 11, 2010

Cowboys extend Phillips' deal through '11 seasonIRVING, Texas (AP) -- Wade Phillips is sticking around as coach of the Dallas Cowboys for two more years.
A.I. named All-Star starter; Nash edges McGradyNEW YORK -- Allen Iverson has been voted to start in the All-Star game, while Steve Nash and Tim Duncan made late moves to claim starting spots for the Western Conference.

Wednesday, July 7, 2010

Game on! Crosby, Ovechkin renew rivalry
Cavs-Lakers

Saturday, July 3, 2010

Grading all 30 NBA teams at midseasonAs the NBA season reaches its midway point, Britt Robson grades all 30 franchises based on their performances thus far. And the highest marks went to some unexpected contenders.
Jets-Colts: Classic photos from historic Super Bowl III

Wednesday, June 30, 2010

AFC Championship Game breakdown: Jets-ColtsBelieve in karma? The Colts' controversial strategy ignited the Jets' shocking playoff run. Will that decision come back to burn Indianapolis? Jim Trotter scouts the AFC title game clash.
Goldman profits soar on lower payGoldman Sachs delivered some of its best results in the firm's history on Thursday, after it drastically reined in pay for thousands of employees.

Saturday, June 26, 2010

Jobless claims surge to 2-month highThe number of Americans filing first-time claims for unemployment insurance surged to a 2-month high last week, the government said Thursday.
Obama wants to limit bank sizePresident Obama on Thursday publicly signed on to a message that former Federal Reserve chief Paul Volcker has been giving for a year: Let's limit the big banks.

Tuesday, June 22, 2010

No cash, no credit, no movieA new category at this year's Sundance Film Festival pays homage to a style of filmmaking that's grown even more popular during the recession: creativity sans cash. Dubbed "Next," the section spotlights six features cobbled together on low or no budgets.
Wall Street's worst day in monthsStocks tumbled Thursday after the Obama administration announced a proposal to increase regulation of the nation's biggest financial firms, including limiting the size and scope of their trading operations.

Tuesday, June 15, 2010

Should I put $900,000 in a variable annuity?Question: I'm 62 and have accumulated about .6 million in retirement savings, which is invested in stocks and bonds. My adviser suggests that I take a third of this money and invest it in a guaranteed 6% income variable annuity. The cost of the 6% rider is 0.95% of the account balance per year. Do you think this is a good idea? --J.H., Lansing, Michigan
Dollar gains on global economic worriesThe dollar rose Wednesday as investors sought a safe haven amid continuing concerns abroad, including rumors that Chinese officials have halted bank lending.

Thursday, June 10, 2010

Welcome back, Glass-SteagallIn honor of the latest banking overhaul proposed by President Obama (with inflation fighter Paul Volcker to boot) I give you the following ditty.
Bonds gain on triple-digit Dow selloffBond prices rose Wednesday, reversing earlier losses, after a triple-digit Dow selloff on Wall Street.

Friday, June 4, 2010

Volcker whacks Goldman SachsA proposed trading crackdown backed by former Federal Reserve chief Paul Volcker overshadowed Goldman Sachs' biggest-ever profit Thursday.
CEO swap: 2 Best Companies chiefs trade placesKip Tindell, chief executive of the Container Store, is sitting on a stool in a Build-a-Bear Workshop in Dallas, trying to affix the limp carcass of a monkey doll onto a metal pipe attached to what looks like a giant cotton-candy machine. Around the same time, Maxine Clark, chief executive of Build-a-Bear, is wearing a red apron and trying to convince a customer at the Container Store in St. Louis that it's okay to give store-bought cupcakes as a gift to her boss as long as they come in a pretty box.

Saturday, May 29, 2010

SAS: A new no. 1 best employerEmployees at SAS certainly feel kneaded. Every week, several dozen of them get massages at the on-site 66,000-square-foot recreation and fitness center.
Oil slips 2%Oil prices fell near a barrel Thursday, tracking a broad selloff on Wall Street, and following a greater-than-expected rise in gasoline supplies.

Monday, May 24, 2010

Haiti donations exceed $305 millionEight days after the devastating earthquake struck near Haiti's capital, donations for relief efforts are still pouring in -- in excess of 5 million.. Charities, companies, individuals and celebrities across the U.S. have been rallying together in the aftermath of the 7.0-magnitude quake last Tuesday, and their efforts are paying off. As of Wednesday afternoon, over 5 million in donations had been raised, according to the Chronicle of Philanthropy, a newspaper covering nonprofit organizations. The estimate is based on a survey of 29 charities contributing the largest amounts of money to Haiti. "You've got a bad economy and a disaster outside of the U.S.," said Stacy Palmer, editor of the Chronicle of Philanthropy. "It makes sense that lots of people gave to the Katrina disaster in the U.S., but to give outside of the U.S. like this is remarkable, especially at a time with 10% unemployment."
Google sales surge 17%, trouncing forecastsGoogle reported quarterly sales Thursday that returned to double-digit growth for the first time in a year on the back of a rebounding advertising market.

Friday, May 21, 2010

Even your Chihuahua can tweetSocial networking is going to the dogs.
AmEx profit triples, beating expectationsAmerican Express Co. reported stronger-than-expected fourth-quarter earnings Thursday, driven by a climb in cardholder spending.

Monday, May 17, 2010

Toyota recall: 2.3 million carsToyota Motor Sales USA is recalling 2.3 million vehicles to correct a problem that could cause the vehicles' gas pedals to stick.
Air America going darkLiberal talk radio network Air America is planning to file for Chapter 7 bankruptcy, the company said Thursday.

Thursday, May 13, 2010

Haiti contributions deductible for 2009 taxesThe Senate unanimously passed legislation Thursday that will allow taxpayers to deduct cash donations to Haiti earthquake relief on their 2009 tax returns instead of having to wait to file the claims next year.
Bowls: EmeraldUSC (8-4) vs. Boston College (8-4) Saturday, 8 p.m. ET (ESPN)


Saturday, May 8, 2010

Westbrook ready to return after two concussionsPHILADELPHIA (AP) -- Eagles running back Brian Westbrook has completed a full week of practice and is expected play against Denver on Sunday after missing five weeks with a concussion.


Haynesworth thrown out of practiceASHBURN, Va. (AP) -- Washington Redskins defensive tackle Albert Haynesworth has been sent home from practice.