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News
John Vomhoff Jr. provides Minnesota News with Dave Lee.
7-9 Local business report on the WCCO Morning News with Dave Lee.
John VomHof Jr of Mpls/St Paul business journal.
Money, Markets & More
10-16-08 Money, Markets & More
Get set for another interest rate cut by the Fed. Our chief economist sees one coming this month. Brace for more earnings news - from candy bars to motorcycles to airlines. And would you buy a pricey Elmo this year?
Gannett eliminates positions at 6 NJ newspapers
TRENTON, N.J. (AP) -- Gannett Co. has begun eliminating 106 full-time and 19 part-time positions at its six New Jersey newspapers because of the economic recession....
How the major stock indexes fared on Thursday
Stocks edged higher Thursday as investors encouraged by better-than-expected results from aluminum maker Alcoa Inc. put money into stocks they recently avoided: commodities producers, banks and industrial companies. Money also moved into more economically sensitive industries such as technology and energy, which stand to gain more if a recovery takes hold....
GM Gets Green Light to Exit Bankruptcy
Judge OK's Sale of Automaker's Assets; "New GM" will be Government-owned but Leaner and Greener
Sunoco places 4 on leave after investigation
PHILADELPHIA (AP) -- Sunoco placed four employees on administrative leave and said Thursday that it had notified the Department of Justice of what it called improper conduct during a bidding process with an oil producer....
Gains in financials, technology stocks lift market
NEW YORK (AP) -- Investors are finding some appetite for risk after a jittery week....
Madoff Won't Appeal 150-Year Sentence
Convicted Of Running Billion-Dollar Ponzi Scheme, Investor Accepts Ruling
Tidewater board OKs stock buyback up to $200M
NEW ORLEANS (AP) -- Tidewater Inc., which provides water transportation for the petroleum industry, said Thursday its board has authorized it to repurchase up to $200 million in shares of its common stock....
AIG, Merck, YRC Worldwide are big movers
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:...
New Jobless Claims Drop Sharply to 565K
New Claims Hit Lowest Mark Since January, but Continuing Claims Climb to New High of 6.88M
Sunoco puts 4 workers on leave after investigation
PHILADELPHIA (AP) -- Sunoco Inc. said Thursday it has placed four employees on administrative leave after an internal investigation into the bidding for a crude oil processing transaction found that they violated company policy....
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