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Minority-owned cable channels for Comcast

 February 22, 2012

Comcast will launch four minority-owned networks on its cable-TV systems in the next two years, including channels spearheaded by music mogul Sean "P. Diddy" Combs and NBA great Magic Johnson.

Two of the networks are majority black-owned...

The Surprising ‘New Normal’ of the Job Search

 February 22, 2012

The upheaval of the job market has sent many experienced workers scrambling to update their resumes, only to find that the job search rules they had been following have fundamentally changed.

The Biggest Resume Mistake You Can Make

 February 21, 2012

Your resume is the most important document in any job search. But what if you're submitting resume after resume and receiving no results at all -- not even a call? Your resume may be fatally flawed.

Dow industrials briefly top 13,000 mark

 February 21, 2012

The Dow Jones industrial average crossed 13,000 today for the first time since before the 2008 financial crisis.

The Dow passed 13,000 about two hours into the trading day, then quickly dropped back. Its last time above 13,000...

Leading indicators point to sustained U.S. expansion

 February 18, 2012

The index of leading U.S. economic indicators rose in January and the cost of living climbed less than forecast, pointing to sustained economic growth with limited price pressures.

The 0.4 percent increase in the Conference Board's gauge of...

Judge approves Washington Mutual reorganization

 February 18, 2012

After a long and contentious legal battle and more than three years in bankruptcy, Washington Mutual Inc. on Friday finally won court approval of a reorganization plan.

"It took three and a half years, but I think the result is remarkable...

Oil prices continue to climb

 February 18, 2012

Oil on Friday climbed to the highest level this year on expectations that supplies will tighten in the spring.

Traders think that oil supplies from the Middle East could slow, if Iran continues to clash with Western nations. The European...

Feds approve Shell spill response plan

 February 18, 2012

Shell Oil cleared one of the last remaining hurdles to Arctic offshore drilling Friday as the federal government said it has approved the company's spill response plan for the Chukchi Sea.

Environmentalists and Alaska Natives living along...

Dutch delivery firm rejects UPS bid

 February 18, 2012

United Parcel Service, the world's largest package delivery company, is still in talks to acquire TNT Express even after the Dutch package delivery company rejected a $6.43 billion bid.

The bid works out to about $11.84 per share. That's...

The market picks Obama

 February 18, 2012

The number has been repeated so often by presidential prognosticators that it's an article of faith: No president has been re-elected since World War II with an unemployment rate higher than 7.2 percent.

But the stock market turns out to be...

GM posts its highest profit ever: $7.6B

 February 17, 2012

Just two years after it was rescued and reconstituted through bankruptcy and a government bailout, General Motors Co. cruised through 2011 to post the biggest profit in its history.

The 103-year-old company, leaner and smarter under new...

British Air taps iPads for lowdown on VIP flyers

 February 17, 2012

British Airways flight attendant Daljit Kaur used to sift through five pages of printouts before takeoff to memorize details of key customers. Now a flick of her finger brings their names and foibles immediately to hand.

Kaur, a 28-year BA...

Taking off: Airlines cite fuel costs as they raise fares

 February 17, 2012

If you're buying an airline ticket, get ready to pay a few bucks more.

MGM Resorts rewards its non-gamblers at casinos, too

 February 17, 2012

The only way to get treated as a high roller in most casinos is by gambling big. But MGM Resorts International has expanded its loyalty program and a related website to reward customers for their spending on restaurants, shows and other items as...

GM records its highest profit ever: $7.6 billion

 February 16, 2012

DETROIT (AP) — General Motors earned its largest profit ever in 2011, two years after it nearly collapsed into financial ruin.

Strong sales in the U.S. and China helped the 103-year-old carmaker turn a profit of $7.6...

N.J. Steel Pier drops plan for Diving Horse's return

 February 15, 2012

The Diving Horse has finally been put out to pasture for good.

The owner of Atlantic City's Steel Pier says he's dropping a plan to bring back the legendary Diving Horse after animal rights activists lodged fierce criticism. The act, which...

Toyota increases its U.S. sales with rental cars

 February 15, 2012

Toyota's strong start to 2012 got a boost from a market it has long avoided: rental-car companies.

The Japanese automaker sold 47 percent more cars and trucks to U.S. rental companies and other fleets in January, compared with a year...

Survey finds growing optimism here

 February 14, 2012

Business is growing more optimistic about Connecticut's slowly recovering economy, with some firms planning to increase hiring and production this year.

The fourth-quarter economic survey released Monday by the Hartford-based Connecticut...

EU regulators give approval to Google to buy Motorola Mobility for $12.5 billion

 February 14, 2012

Google's $12.5 billion acquisition of cellphone maker Motorola Mobility has won approval of European antitrust regulators, moving Google one step closer to completing the biggest deal in its 13-year history.

EU Competition Commissioner...

Top editor at tabloid attacks hacking probe

 February 14, 2012

Is Rupert Murdoch's best-selling newspaper in open revolt?

The associate editor of The Sun newspaper fired off an 800-word broadside Monday at the U.K. police phone hacking investigation that has led to the arrest of some of the paper's...

Tips for finding a financial adviser

 February 12, 2012

Money management can be overwhelming. Hiring a financial adviser to help sort it all out often seems like a good idea, but finding the right person can be an equally daunting task.

Eleanor Blayney, consumer advocate for the CFP Board,...

Bernanke: Housing still holds back spending

 February 11, 2012

Ben Bernanke says declines in home prices have forced many Americans to cut back sharply on spending and warns that the trend could continue to weigh on the economy for years.

The Federal Reserve chairman drew the connection between home...

Air Force may buy 18,000 Apple iPads for flight crews

 February 11, 2012

The Air Force may buy as many as 18,000 iPad 2s in what would be one of the military's biggest orders of computer tablets, accelerating Apple's inroads into the federal government.

The service's Air Mobility Command plans to issue a request...

India's global pharmacy role faces threat from EU trade pact

 February 10, 2012

Efforts by India and the European Union to strengthen trade are threatening India's ability to deliver life-saving medicines to the world's poorest, analysts say as the two sides resume protracted negotiations on a free-trade pact.

India's...

Buffett says bonds among most dangerous assets

 February 10, 2012

Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc., says low interest rates and inflation should dissuade investors from buying bonds and other holdings tied to currencies.

"They are among the most dangerous of assets,"...

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