By TOBY STERLINGAP Business Writer
AMSTERDAM (AP) - With its new CEO on an extended sick leave, Dutch chemicals conglomerate Akzo Nobel NV reported Thursdsay a €2.37 billion ($3.11 billion) loss in the third quarter after taking a massive impairment charge on its home paints business.
By The Associated Press
NEW YORK (AP) - Mixed signals from the world's largest economies kept the price of oil flat Thursday.
U.S. benchmark crude eased 2 cents to finish at $92.10 a barrel. Brent crude, which many U.S. refiners use to make gasoline, fell 80 cents to $112.42 in London.
By LOUISE WATTAssociated Press
BEIJING (AP) - The Chinese company suing President Barack Obama for blocking its planned wind farm projects in Oregon accused the U.S. leader and his government of discrimination Thursday and warned that the case would deter Chinese investment in the United States
By JOHN HEILPRINAssociated Press
GENEVA (AP) - Nestle SA, the world's biggest food and drink company, on Thursday said its sales growth slowed to 11 percent in the first nine months of 2012 as demand eased both in developed economies and emerging markets, where high growth is starting to
By RAF CASERT and SARAH DiLORENZOAssociated Press
BRUSSELS (AP) - European leaders took a step toward creating a single supervisor for banks in countries that use the euro on Friday but refused to pin down a start date.
Although the leaders meeting in Brussels said their decisions on the
By ANNE D'INNOCENZIOAP Retail Writer
NEW YORK (AP) - Macy's is firing its first salvo at the millennials.
The venerable department store chain is launching 13 new brands and expanding 10 other existing labels that it believes will resonate with shoppers in that 13-to-30 age group.
By DEREK GATOPOULOSAssociated Press
ATHENS, Greece (AP) - Hundreds of youths pelted riot police with fire bombs, bottles and chunks of marble Thursday as yet another Greek anti-austerity demonstration descended into violence, less than a month after more intense clashes broke out during a
By The Associated Press
PAYING MORE FOR CHECKING: The average monthly service fee on checking accounts rose 25 percent from last year to a record $5.48, according to financial data publisher Bankrate. ATM fees rose 4 percent and overdraft fees rose 1.4 percent.
FEE WAIVERS: Some banks will give
By JOSEPH PISANIAP Business Writer
Quick. How much are you paying every month just to have a checking account?
And for ATM Fees?
If you're not sure, it's time to find out.
Checking account fees have soared over the past year as banks try to boost profits. Depending on your situation, it
By ALEX VEIGAAP Business Writer
LOS ANGELES (AP) - American Express Co. said Wednesday that its net income rose 1 percent in the third quarter, aided by lower expenses and increased spending by the credit card issuer's customers.
Spending by the company's cardholders rose 8 percent in