Business

Forecast points to solid holiday growth

By ANNE D'INNOCENZIOAP Retail Writer NEW YORK (AP) - After wrapping up a decent back-to-school shopping season, merchants are expected to see healthy sales gains for the critical winter holidays, though the pace should be slightly below last year, according to one of the first forecasts

Cheapest airfare might be on airlines' own website

By SCOTT MAYEROWITZAP Airlines Writer NEW YORK (AP) - Some airlines are making travelers work harder to find a deal. Carriers are offering more deals to passengers who book flights directly on their websites. It's an effort to steer people away from online travel agencies such as Expedia,

Expectations high for Fed to announce major action

By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) - If the world's investors are right, the Federal Reserve is about to take a bold new step to try to invigorate the U.S. economy. And many expect the central bank, which began a two-day meeting Wednesday, to unleash its most potent

News Summary: PepsiCo president leaving company

By The Associated Press THE NEWS: PepsiCo Inc. says its president is leaving the company after less than a year on the job. THE BACKGROUND: John Compton, 51, had been with the company for about 30 years and was named to the newly created position of president in March as part of a management