By SANDY SHOREAP Business Writer
Prices for wheat, corn and soybeans are racing higher with little relief in sight from blistering heat across much of the nation's farmland.
Wheat and corn jumped more than 4 percent Monday. Soybeans rose 2.4 percent.
Several weeks of hot, dry weather has
By ANNE D'INNOCENZIOAP Retail Writer
NEW YORK (AP) - Daffy's Inc., which sells national fashion brands at up to 80 percent off, is going out of business, a victim of a fiercely competitive landscape that has already claimed rivals Syms and Filene's Basement as casualties.
By The Associated Press
NEW YORK (AP) - Treasury yields fell to near record lows Monday after a disappointing retail sales report sent traders out of stocks and into the relative safety of U.S. government debt.
The yield on the benchmark 10-year Treasury note dropped to 1.46 percent from 1.49
NEW YORK (AP) - Gannett Co. reported a 21 percent drop in net income for the second quarter Monday, but the media company's earnings excluding one-time expenses beat Wall Street's expectations, sending its stock higher.
The company reported earnings of $119.9 million, or 51 cents per share
NEW YORK (AP) - The dollar fell against most major currencies Monday after the government reported that Americans spent less last month.
The Commerce Department said retail sales fell 0.5 percent in June from May. It was the third straight monthly drop, which worried investors because it's the
By CHRISTOPHER S. RUGABERAP Economics Writer
WASHINGTON (AP) - The United States has won a trade dispute with China over that country's treatment of foreign companies that process credit card payments and other electronic transactions.
U.S. officials said Monday that the ruling by the Geneva-
By MATTHEW PERRONEAP Health Writer
WASHINGTON (AP) - The Food and Drug Administration on Monday approved the first drug shown to reduce the risk of HIV infection, the latest milestone in the 30-year battle against the virus that causes AIDS.
The agency approved Gilead Sciences' pill Truvada
By The Associated Press
NEW YORK (AP) - The companies that determine Americans' credit scores are about to come under scrutiny by the country's new consumer watchdog.
The Consumer Financial Protection Bureau said Monday that it will start supervising the 30 largest firms that make up 94
By BRIAN SKOLOFF and MICHELLE RINDELSAssociated Press
SALT LAKE CITY (AP) - Considered a pioneer in the self-help genre aimed at helping readers become more productive in their lives, author Stephen R. Covey had an enormous impact on both the corporate world and the personal lives of millions.
By ROBERT BARRAssociated Press
LONDON (AP) - A former top Barclays executive admitted ordering staff to submit false interest rates during the credit crisis in 2008 because he believed his action had been sanctioned by the Bank of England.
Jerry del Missier told the House of Commons Treasury