SD ranchers voice concerns about Keystone pipeline
11:36
Ranchers who live along the route of a crude oil pipeline that TransCanada Keystone wants to build across western South Dakota said Tuesday they are worried about oil spills and damage to their land, water and roads. ...
Toronto Star starts restructuring, offers buyouts
11:23
Canada's largest circulation daily has launched what its publisher said will likely be the biggest restructuring in the newspaper's history by offering voluntary buyouts to employees in all divisions of the company. ...
Prominent Fla. lawyer's sales pitch called suspect
11:22
A South Florida attorney who has raised millions for notable politicians nationwide and hobnobs with sports stars and celebrities was removed Tuesday as head of the law firm he co-founded, suspected by his partner,...
Earnings Preview: Ad trends eyed in CBS 3Q report
10:59
CBS Corp., the broadcast network controlled by Sumner Redstone, reports its third-quarter earnings Thursday. The following is a summary of key developments and analyst opinion related to the period. OVERVIEW:...
Alaska Airlines October traffic up 3 percent
10:41
Alaska Air Group Inc. said Tuesday that its planes were fuller in October as passenger traffic rose 3 percent at its Alaska Airlines unit while the carrier trimmed available seating. Alaska Airlines flew 1.46 billion...
Papa John's 3Q profit rises on acquisition
10:34
Pizza chain Papa John's International Inc. said Tuesday that its third-quarter profit rose 52 percent as lower sales were offset by a gain on consolidating the results of franchisee-owned cheese purchasing company BIBP...
7-Eleven stores take a Big Gulp... of wine
10:06
What goes well with Slim Jims and Slurpees? 7-Eleven wine, naturally. The convenience store chain announced Tuesday it is getting into the value wine business, releasing two low-priced proprietary wines in the United...
Buffett's big bet: $34B on 2nd-largest railroad
9:48
The biggest name in investing is making what he calls an "all-in wager" on the U.S. economy _ $34 billion to own a railroad that hauls everything from corn to cars across the country. The acquisition of Burlington...
Reid indicates timetable for health care may slip
9:48
In a blow to the White House, the Senate's top Democrat signaled Tuesday that Congress may fail to meet a year-end deadline for passing health care legislation, leaving the measure's fate to the uncertainties of the...
Education Dep't: Massachusetts did not break rules
8:56
The Education Department is reassuring the state of Massachusetts it does not agree with an internal watchdog who suggested the state was using economic stimulus money improperly. The department's inspector general had...
On the Call: Kraft Foods CEO Irene Rosenfeld
8:55
As the recession took a toll on many companies, many shoppers moved to private label or store brand products to save money. The trend had some food companies worried and they countered with price reductions to avoid...
Kraft profit falls but co. raises outlook for year
8:52
Kraft Foods Inc. is still interested in acquiring Cadbury PLC but plans to deliver solid results with or without the British candy maker, Kraft said Tuesday. Kraft has little time left to make a firm offer for Cadbury....
Merkel calls for strong deal on climate change
8:48
German Chancellor Angela Merkel marked the 20th anniversary of the fall of the Berlin Wall by exhorting the world in a speech to Congress on Tuesday to "tear down the walls of today" and reach a deal to combat global...
GM board decides to keep European Opel unit
8:46
General Motors Co. said Tuesday it will keep its European Opel unit and restructure it instead of selling a 55 percent stake to Canadian auto parts maker Magna International and its partner, Russian lender Sberbank. ...
Climate debate has rocky start for US Senate panel
8:39
European leaders pressed Congress and the White House on Tuesday to unite on a plan to combat global warming, even as a Republican boycott forced a delay of votes in a key Senate committee, demonstrating the deep...
Tw telecom swings to 3Q profit from loss
8:00
Tw telecom inc., formerly Time Warner Telecom, said Tuesday that it turned a profit in the third quarter, reversing a year-ago loss, but warned that turnover among smaller customers will continue. The company said it...
Fla. sues online travel companies over hotel taxes
7:57
The state of Florida is suing online travel reservation companies over hotel taxes, the latest in a string of lawsuits nationwide claiming the sites owe local authorities millions of dollars. Attorney General Bill...
Auto sales show industry beginning to stabilize
7:56
After months of roller-coaster results, the U.S. auto industry showed signs of stability in October. Total sales of cars and light trucks were unchanged at just over 838,000 compared with October of last year, but rose...
Pacer in deal with UP Railroad; makes 3Q profit
7:42
Shares of Pacer International Inc. jumped nearly 20 percent in Tuesday aftermarket trading after the logistics services provider said it has resolved a dispute with Union Pacific and turned a surprise profit in the...
Discovery 3Q earnings fall 29 pct on higher costs
7:29
Discovery Communications Inc. said Tuesday that its net income for the third quarter fell 29 percent as an increase in operating costs offset a slight uptick in revenue for the owner of cable networks. Discovery, which...
Crown Castle posts larger-than-expected 3Q loss
7:25
Crown Castle International Corp., which owns and operates cell phone towers, on Tuesday reported a third-quarter loss roughly flat with year-ago results, as higher sales failed to offset growing costs. After paying...
El Paso posts big 3Q profit plunge, cuts dividend
7:04
Natural gas distributor El Paso Corp. on Tuesday posted an 87 percent plunge in third-quarter profit, hurt by lower natural gas. The company also announced cost-cutting measures and slashed its dividend, sending shares...
Disney Co. spending $7M on conservation projects
7:02
Seeking to help fight climate change, the Walt Disney Co. says it will spend $7 million in partnership with three conservation groups to protect tens of thousands of acres of forest lands in the Congo basin, the Amazon...
Top-selling vehicles in the US in October
6:52
Automakers released October U.S. sales figures Thursday. These were the top-selling vehicles, as well as the total number sold and the percent change in sales from October 2008. Vehicle October...
Big 5 Sporting Goods 3Q profit rises 80 percent
6:51
Big 5 Sporting Goods Corp. said Tuesday its profit rose 80 percent in the third quarter as sales climbed and it better managed inventory. The company's stock jumped 6 percent in after-hours trading on the report. The...
Stec Inc. 3Q earnings up more than 20-fold
6:51
Stec Inc. reported a 20-fold increase in third-quarter earnings on Tuesday, as a sharp rise in revenue boosted the bottom line. But the maker of data storage devices such as solid state drives also said revenue for the...
Honda begins mass producing new vehicle in Ohio
6:46
Honda Motor Co. says it has begun mass production in Ohio of its new crossover utility vehicle. The automaker says the 2010 Honda Accord Crosstour began rolling off the line Monday night at the company's factory in...
HealthSouth raises outlook after 3Q profit jumps
6:45
Inpatient rehabilitation services provider HealthSouth Corp. posted a greater third-quarter profit on Tuesday, and raised its expectations for the remainder of the year. HealthSouth said its profit rose to $10.3...
Jury awards $20 million in Texas hotel tax dispute
6:39
A group of online travel services companies plans to appeal a $20 million verdict awarded to more than 170 Texas cities in a dispute over hotel occupancy taxes. The 2006 class-action lawsuit was brought by cities...
NTELOS lifts quarterly dividend to 28 cents
6:30
NTELOS Holdings Corp.'s board on Tuesday raised its quarterly dividend by 8 percent to 28 cents per share. The new dividend is payable Jan. 12, 2010, to shareholders on record as of Dec. 14. Shares of NTELOS closed...
El Paso slashes dividend to conserve cash
6:28
Natural gas producer El Paso Corp. on Tuesday slashed its dividend and announced several other measures to save or raise cash. The company said its quarterly dividend will be cut to a penny from 5 cents. The move will...
Digital River outlook below expectations
6:24
Digital River Inc., which offers help with online sales technology, forecast fourth-quarter earnings below analysts' expectations and said it is still evaluating the impact of the loss of a key customer. The company...
Senate committee to investigate insurer pricing
6:18
The Senate health care committee chairman said Tuesday the panel is investigating how health insurers price the coverage they sell to small businesses, which have struggled for years with soaring premiums. Sen. Tom...
Digital River 3Q profit falls
6:13
Digital River Inc., which helps companies sell stuff on the Internet, said Tuesday that third-quarter profit fell and it was still figuring out a response to the loss of a key contract. The company said it earned $11...
Landry's Restaurants OKs $1.2B acquisition offer
6:12
The chairman and CEO of Landry's Restaurants Inc. finally got what he was after Tuesday, as the restaurant owner's board approved his $1.2 billion all-cash offer to buy the company. Tilman J. Fertitta, also Landry's...
Johnson & Johnson sets restructuring, plans charge
6:09
Johnson & Johnson said Tuesday it will cut up to about 8,000 jobs and streamline its operations in an effort to cut costs as it braces for changes in the health care industry. The New Brunswick, N.J., company said...
Hartford narrows 3Q loss, posts strong core profit
6:07
The Hartford Financial Services Group on Tuesday posted a much narrower loss for the third quarter, as its investment losses shrank as financial markets improved. The insurance and financial services firm based in...
Lawmaker wants sick pay for workers with swine flu
6:02
A senior House lawmaker is asking Congress to guarantee paid sick leave to workers if their employer asks them to stay home with swine flu or a similar contagious illness. House Education and Labor Committee chairman...
Rising commodities, dealmaking lift stocks
5:58
Investors sidestepped some of their doubts about the economy and bought energy and industrial stocks as commodity prices rose. Stocks ended back-and-forth trading mostly higher Tuesday as a spike in the price of gold...
Owners fight credit bid in Philly newspaper sale
5:57
The owners of Philadelphia's two major dailies are waging a late-stage battle to keep the newspapers from creditors in a looming bankruptcy auction. Under a key ruling in the case, senior lenders have the right to use...
House bill to go after any large financial firm
5:56
In a sharp rebuke of Wall Street after a string of hefty bailouts last year, House Democrats are considering legislation that would let the government break up even healthy firms if regulators think they've grown too...
American Tower 3Q net income rises 11 pct
5:52
American Tower Corp., one of the nation's largest owner of cell phone towers, on Tuesday said net income for the third quarter rose 11 percent on the back of strong growth for its tower rental and management revenue. ...
Burlington Northern, Ford, UBS are big movers
5:47
The following stocks were among those that moved substantially or traded heavily Tuesday on the New York Stock Exchange: NYSE: Burlington Northern Santa Fe, up $20.93 at $97 Berkshire Hathaway Inc. agreed to buy the...
Florida AG: Make licensing for felons tougher
5:46
Attorney General Bill McCollum urged Florida lawmakers Tuesday to make it tougher for former felons to get occupational licenses for jobs involving children, seniors and disabled people. McCollum, who's also running...
Business Highlights
5:46
Buffett's big bet: $34B on 2nd-largest railroad NEW YORK (AP) _ The biggest name in investing is making what he calls an "all-in wager" on the U.S. economy _ $34 billion to own a railroad that hauls everything from...
Judge to reschedule ex-Westar CEO trial
5:43
Four years after two former utility company executives were last tried, federal prosecutors are trying to get their case back on track. They've asked U.S. District Judge Julie Robinson to set a third trial for David...
Waikiki's Hawaiiana Hotel being phased out
5:41
Workers at the Hawaiiana Hotel in Waikiki were recently informed of the hotel's foreclosure, bankruptcy and sale. General manager Lisa Hookano-Holly says she knows nothing of plans for the site along Beach Walk. Peter...
Treasury OKs more firms for toxic asset program
5:39
Two more large investment companies have together raised enough money to join with the government in buying toxic assets held by banks so they can resume more normal lending to support an economic recovery. The...
Calif. debt firm settles Pa. class-action suit
5:37
A California debt collection company has agreed to a $2.55 million judgment to settle a lawsuit brought by thousands of Pennsylvanians who claim they were wrongly led to believe they had to pay costly fees to avoid...
True Religion 3Q profit falls, misses Street view
5:36
Jeans maker True Religion Apparel Inc. said Tuesday profit fell in the third quarter even as sales rose, in part because year-earlier results were boosted by tax gains. The results missed analyst expectations and the...