Market News

  • Media General explores sale of newspapers

    • Newspaper publisher and TV station owner Media General said Wednesday that it is exploring the sale of its newspaper operations, which produce nearly half its revenue.The company said that it has received ...

  • Stocks lower a day after Dow's blip above 13,000

    • A day after Dow 13,000, investors took a break.Stocks closed lower Wednesday for the first time in four trading days. The Dow Jones industrial average lost 27.02 points to finish at 12,938.67. The day ...

  • Rising sales point to better year for housing

    • The housing market is flashing signs of health ahead of the spring-buying season.Sales of previously occupied homes are at their highest level since May 2010. More first-time buyers are making purchases. ...

  • Obama seeks corporate tax rate cut, loophole limit

    • President Barack Obama rolled out a corporate tax overhaul plan Wednesday that lowers rates but also eliminates loopholes and subsidies cherished by the business world. A long-shot for action in an election ...

  • Calif. pledges better mobile privacy disclosures

    • California is clamping down on nosy mobile applications, telling them they must give people advance warning if they want to keep pulling sensitive information from smartphones and computer tablets.The ...

  • Fantasy camp for those who love to fly

    • Eric Mueller's vacation started when his plane filled with smoke. Soon, people slid down an emergency chute, inflated life vests and climbed into a raft.Mueller loved every minute of it.Most days he runs ...

  • FDA panel backs previously rejected obesity pill

    • A previously rejected weight loss pill won an overwhelming endorsement from public health advisers Wednesday, raising hopes that the drug from Vivus Inc. could become the first new anti-obesity medication ...

  • Ford to add $3.8B to pension plans this year

    • Ford Motor Co. will pump $3.8 billion into its global pension plans this year as it tries to get them closer to fully funding their obligations.The company also raised the annual pay for its 16 directors ...

  • HP CEO pleads patience as earnings fall 44 pct

    • Hewlett-Packard Co. CEO Meg Whitman pleaded for patience Thursday as she described operational challenges and other internal problems that contributed to a decline in earnings at one of the world's largest ...

  • Bankruptcy judge approves Solyndra bonuses

    • A bankruptcy judge on Wednesday approved close to $370,000 in bonuses for 20 employees of Solyndra LLC, a solar panel manufacturer that received a half-billion dollar loan from the federal government before ...