MILAN (AP) - An automaker ItalFiat SpA says it is asking a U.S. court to help determine the price for a 3.3 percent stake in Chrysler that it has agreed to buy from an autoworker's pension health care trust.
Fiat, which owns a 58.5 percent stake in Chrysler, said in a statement Wednesday that
NEW YORK (AP) - Stocks are ending the day lower on Wall Street. It's the first five-day losing streak for the Standard & Poor's 500 index since July.
A mixed report on the U.S. housing market conspired with unrest in Europe to pull U.S. stocks down.
The Dow Jones industrial average
By The Associated Press
FULLY REPAID: Regional bank company Zions Bancorp has repaid the $700 million it still owed for the federal bailout it received during the financial crisis.
BAILOUT PROGRAM: Zions was among 707 banks that received bailouts in late 2008 under the Treasury Department's
GOULDSBORO, Maine (AP) - A Connecticut-based lobster company hopes to bring lobster processing back to eastern Maine after submitting the winning bid to buy a defunct lobster-processing plant that previously housed the nation's last full-time sardine cannery.
Dave Garbo, the owner of Garbo
NEW YORK (AP) - The prices of gold, most other metals and crude oil fell Wednesday, following the stock market down, as unrest grew in Europe and uncertainty lingered about the world economy.
Gold for December delivery fell $12.80 an ounce to finish at $1,753.60 an ounce. Gold has pulled back this
By The Associated Press
SEASON FOR CHANGE: Between October and November millions of workers will have the opportunity to make changes to their health insurance benefits. More than half of U.S. employees estimate they waste up to $750 per year on poor open enrollment decisions.
By MATTHEW PERRONEAP Health Writer
WASHINGTON (AP) - Employers will soon be offering workers their yearly opportunity to make changes to their health care benefits. All too often this open-enrollment period has required combing through pages and pages of confusing insurance terms.
But this year
By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - A Federal Reserve official who has advocated more aggressive moves on the part of the central bank to combat high unemployment says the country cannot afford timid efforts to support the economy.
Charles Evans, president of the Federal
WASHINGTON (AP) - The Treasury Department says regional bank company Zions Bancorp has repaid the $700 million it still owed for the federal bailout it received in the financial crisis.
Salt Lake City-based Zions was among hundreds of banks that received bailouts in late 2008 after their bad loans