US recovery seen outpacing Europe in 2010 AP (November 19, 2009) PARIS (AP) - The world's rich and developed economies will grow faster next year, but recovery will remain modest, with the U.S. and Japan outpacing Europe, a Paris-based watchdog said Thursday as it raised its forecasts.
Melaleuca sues Utah company for raiding staff AP (November 19, 2009) BOISE, Idaho (AP) - Idaho health and home products company Melaleuca Inc. accuses a Utah company of raiding some of its top sales staff, infringing on company trade secrets and competing unfairly.
Recovery in developed economies gathering pace AP (November 19, 2009) PARIS (AP) - Recovery in developed economies will accelerate next year due to "substantial improvements" in financial markets and fast-growing Asian countries, but is likely to remain fragile, the Organization for Economic Cooperation and Development said Thursday as it doubled its 2010 growth forecast.
Ahead of the Bell: Leading economic indicators AP (November 19, 2009) NEW YORK (AP) - Analysts expect a private forecast of U.S. economic activity rose for the seventh straight month in October, a sign the recovery will continue next year although probably at a plodding pace.
BJ's Wholesale 3Q profit falls on legal reserve AP (November 18, 2009) NATICK, Mass. (AP) - A legal settlement pushed down third-quarter profit at BJ's Wholesale Club Inc. 37 percent, the warehouse club operator said Wednesday. But shoppers looking for bargains on food and everyday items sent its sales higher.
Costco stops carrying Coke drinks in price dispute AP (November 17, 2009) PORTLAND, Ore. (AP) - Costco is no longer carrying Coca-Cola products in its stores nationwide because of a pricing dispute with the beverage maker.
Home Depot 3rd-qtr earnings fall 8.9 percent AP (November 17, 2009) ATLANTA (AP) - Home Depot Inc.'s third-quarter earnings fell 8.9 percent as the housing and renovation markets remained weak, the nation's largest home improvement retailer said Tuesday.
Wholesale inflation up less than expected in Oct. AP (November 17, 2009) WASHINGTON (AP) - Wholesale prices rose less than expected in October as the weak economy keeps inflation pressures largely in check.
China criticizes US over pipe duties AP (November 06, 2009) BEIJING (AP) - China criticized Washington for imposing anti-dumping duties on Chinese-made steel pipes and launched a probe Friday of imported U.S. autos, adding to trade tensions two weeks before President Barack Obama visits Beijing.
G20 officials to wrestle over economic imbalances AP (November 06, 2009) ST. ANDREWS, Scotland (AP) - Finance officials from rich and developing countries face difficult negotiations over how to even out the imbalances weighing on the world economy as they gather Friday for a summit at a seaside hotel in Scotland.
Ahead of the Bell: Wholesale Inventories AP (November 06, 2009) WASHINGTON (AP) - Businesses likely slashed wholesale inventories for a record 13th consecutive month in September. But analysts expect sales rose for a sixth straight month.
EU lifts 2010 growth forecast AP (November 03, 2009) BRUSSELS (AP) - The European Commission on Tuesday predicted that the EU and eurozone will grow in 2010 at a modest rate of 0.7 percent as the economy moves from a sharp recession to a hesitant and fragile recovery.
Obama to lay out plans to help small businesses AP (October 29, 2009) WASHINGTON (AP) - President Barack Obama speaks Thursday morning to small business leaders about the administration's plans to offer them assistance.
Economy grows in 3Q, signals end of recession AP (October 29, 2009) WASHINGTON (AP) - The economy grew at a 3.5 percent pace in the third quarter, the best showing in two years, fueled by government-supported spending on cars and homes. It's the strongest signal yet that the economy has entered a new, though fragile, phase of recovery and that the worst recession s
Fla. man says Home Depot fired him over God button AP (October 28, 2009) WEST PALM BEACH, Fla. (AP) - A former cashier for The Home Depot who has been wearing a "One nation under God" button on his work apron for more than a year has been fired, he says because of the religious reference. The company claims that expressing such personal beliefs is simply not allowed.
Durable goods orders rise 1 percent in September AP (October 28, 2009) WASHINGTON (AP) - Orders to U.S. factories for big-ticket manufactured goods rose in September as the biggest jump in demand for machinery in 18 months offset weakness in commercial aircraft and autos.
Biden tells Ohio stimulus program helping economy AP (October 27, 2009) CLEVELAND (AP) - Vice President Joe Biden told an Ohio audience that the federal economic stimulus package is helping to revive the U.S. economy and has helped stabilized the financial markets.
German business confidence rises in October AP (October 23, 2009) FRANKFURT (AP) - German business confidence rose for a seventh consecutive month in October as Europe's largest economy showed more signs of recovery and firms' outlook for exports improved, a survey found Friday.