Business News

5 hours ago

Maggots, the larval stage of certain flies, are already a federally approved treatment for people with nasty bed sores, chronic post-surgical wounds and diabetic foot ulcers.

5 hours ago

Lame duck lawmakers in Washington are running out of time to pass a bailout for the U.S. auto industry. Top executives testified again Wednesday on Capitol Hill but the action is going on behind the scenes....

Nov 19, 2008 | 8 comments

Stocks plunge to new low, Dow Jones Industrial Average dips below 8,000 for first time since March 2003.

Nov 19, 2008 | 3 comments

If Congress turns its back on the Big Three auto makers—as many expect—investors probably won't drive the stock market off a cliff.

Nov 19, 2008

With the holidays fast approaching, retailers are taking a softer approach to draw customers to their stores and websites.

Nov 19, 2008 | 11 comments

Online dating service eHarmony is adding another personality trait to its 29 dimensions of computability.

Nov 19, 2008

If you notice something is different with your Xbox today, you can blame a software upgrade.

Nov 19, 2008 | 9 comments

The CEOs of the nation's big three automakers took their companies' private jets down to DC on a mission to beg for a taxpayer-funded bailout. On Capitol Hill today, a rescue plan for the nation's automakers may be stalled.

Nov 19, 2008

Trustees of an eastern Long Island town where some of the world's most rich and famous converge every summer are raising property taxes by about 24 percent to help cut a $15 million deficit.

Nov 19, 2008

Levittown, N.Y., once a national symbol of modest starter suburbia, is now a foreclosure hot spot.

Nov 19, 2008

Gasoline prices in New Jersey continue to drop as Garden State residents prepare to hit the roads for the holiday.

Nov 17, 2008

Citigroup Inc. is cutting approximately 53,000 more jobs in the coming quarters as the banking giant struggles to steady itself after suffering massive losses from deteriorating debt.

Nov 18, 2008 | 1 comment

Facing economic hardship, some Americans have decided they need to withdraw money early from a retirement plan. Experts warn the decision carries substantial costs and risks.

Nov 18, 2008 | 6 comments

If the US auto industry is to survive, it will have to undergo a major transformation—slashing operations,  focusing on fewer models, shedding dealerships and making better cars, analysts say.

Nov 18, 2008

Hundreds of items confiscated by the government during criminal investigations are now up for grabs to the highest bidder.

Nov 18, 2008

At close, the Dow ended up 151.17, or 1.83 percent, to 8,424.75.

Nov 18, 2008

If you run your own business owner or are a decision maker at someone else's company, here’s how you can green your routine while fattening the bottom line.

Nov 18, 2008

Hatched hastily almost two months ago, the TARP was conceived to stabilize markets and restore investor confidence, but critics argue it  is now looking so amorphous and vulnerable to political trade winds,...

Nov 18, 2008

With consumers backing away from purchasing, it's affecting a chain reaction across all different systems of the tech workforce said Creative Strategies Analyst Tim Bajarin.

Nov 18, 2008

It's bottoms up as the economy goes down. The financial crisis may be driving some to drink, but others are looking for a spot behind the bar.

Nov 18, 2008

Asian stock markets sank Tuesday after Wall Street retreated and global financial firms announced another round of massive layoffs, adding to gloom about the world economy. Tokyo's Nikkei 225 stock average...

Nov 18, 2008 | 2 comments

Yahoo Inc. shares shot up 11 percent Tuesday as investors took the resignation of CEO Jerry Yang to mean Microsoft Corp. is more likely to make another bid for the ailing Internet company. Yang's emotional...

Nov 17, 2008

Media mogul Rupert Murdoch says doomsayers who are predicting the Internet will kill off newspapers are "misguided cynics."

Nov 17, 2008 | 6 comments

Though all sides agree that Detroit's Big Three carmakers are in peril the White House and congressional Democrats are headed for stalemate over the government money that might go toward helping them.