NEW YORK (AP) - Small business owners may be pessimistic about the economy and their own companies right now, but they're getting optimistic about the future.
A survey released Tuesday by the National Federation of Independent Business shows that owners became more pessimistic during September
By CANDICE CHOI and RICARDO ALONSO-ZALDIVARAssociated Press
NEW YORK (AP) - The owner of Olive Garden and Red Lobster restaurants is putting more workers on part-time status in a test aimed at limiting costs from President Barack Obama's health care law.
Darden Restaurants Inc. declined to
NEW YORK (AP) - Stocks slumped Tuesday on Wall Street after the International Monetary Fund predicted weaker world economic growth and as investors waited for what they expected to be lower corporate earnings.
The Dow Jones industrial average declined 110.12 points, or 0.8 percent, to 13,473.53.
By The Associated Press
Another dire prediction about global economic growth is sending stocks lower on Wall Street in early trading.
The U.S. corporate earnings season is also shaping up to be weakest in years.
The combination sent indexes slightly lower shortly after the opening bell Tuesday
DUBAI, United Arab Emirates (AP) - Steak 'n Shake, a gathering place on many a Midwest roadside, is heading to the Mideast.
The diner-style chain said on Tuesday it and regional partner Saleh Bin Lahej Group plan to open 40 restaurants starting next year across the United Arab Emirates, a seven
WHITEHOUSE STATION, N.J. (AP) - The drugmaker Merck & Co. announced Tuesday that it will move its global headquarters within New Jersey as it looks to lower operating expenses and consolidate its properties.
The company's headquarters are moving about 25 miles east from Whitehouse Station
GENEVA (AP) - Swiss private bank Julius Baer says it plans to cut about 1,000 jobs from Merrill Lynch's wealth management operations outside the United States following a deal to buy the unit from Bank Of America.
The Julius Baer Group based in Zurich said in a statement Tuesday its target for
NEW YORK (AP) - Stock futures were mixed Tuesday with a new outlook on the global economic landscape y providing markets with fewer reasons to overlook what is likely to be a weak quarter for many of the biggest U.S. corporations.
Markets have been buoyed for months by expectations that the U.S.
MADRID (AP) - Spain's Red Cross is launching its first-ever public appeal for donations to help the growing number Spaniards in need of help because of the country's economic crisis.
Spokesman Miguel Angel Rodriguez said Tuesday the agency is looking to round up some €30 million ($38.87
WOODLAND PARK, N.J. (AP) - Chemical coating maker Cytec Industries Inc. said Tuesday it has agreed to sell its coating resins business to private equity firm Advent International for $1.03 billion.
The Woodland Park, N.J.-based company said the sale will allow it to focus on its high-growth areas