By By ALEX VEIGAAP Real Estate Writer
LOS ANGELES (AP) - Sales of U.S. homes facing foreclosure are on the rise and outpacing sales of bank-owned homes, a reflection of stepped up efforts this year by lenders to avoid foreclosing on homes with mortgages gone unpaid.
In the third quarter, sales of
By By SAMANTHA CRITCHELLAP Fashion Writer
NEW YORK (AP) - Emerald is no longer green with envy. The rich, vibrant shade is Pantone LLC's Color of the Year for 2013, beating out all the other shades of the rainbow.
The company, which creates and matches colors for the fashion, home and
By By DAVID McHUGHAP Business Writer
FRANKFURT, Germany (AP) - The European Central Bank is unlikely to offer any further help for Europe's sagging economy Thursday after already lowering interest rates to record lows and calming the region's debt crisis with its plan to buy the bonds
BEIJING (AP) - State media say that China will allow most foreign visitors to stay in Beijing for three days without a visa if they are heading on to another country, a policy meant to boost tourism and smooth the way for transiting passengers and business travelers.
The China Daily newspaper said
NEW YORK (AP) - Standard & Poor's has lowered Greece's credit rating to "selective default" in light of its offer to buy back bonds at well below their face value.
Greece has announced plans to spend up to $13 billion on the buyback in a bid to bring its staggering debt load under
By By EMERY P. DALESIOAP Business Writer
RALEIGH, N.C. (AP) - Federal regulators say an investment banker at Wells Fargo Securities and his longtime friend passed on insider tips on pending company mergers to friends or family members in five states, racking up more than $11 million in illicit
By By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - Treasury Secretary Timothy Geithner said Wednesday that the Obama administration is "absolutely" ready for the economy to go over the "fiscal cliff" rather than accept a budget deal that doesn't include higher tax rates for top
By By The Associated Press
TO ERR IS HUMAN: The Nasdaq OMX Group blamed "human error" for a series of delays in the initial public offering of WhiteHorse Finance on Wednesday.
HELLO, WHITEHORSE: Nasdaq welcomed WhiteHorse Finance to the "family" on its Twitter feed more than an hour before
CHICAGO (AP) - United Airlines says a failed electrical generator is the reason one of its new Boeing 787s made an emergency landing in New Orleans.
The flight from Houston to Newark diverted to New Orleans shortly after takeoff on Tuesday. No one was hurt.
United says one of the plane's six
DETROIT (AP) - It's only one number higher. But BMW is hoping that a small numerical change will translate into extra dolllars on the showroom floor.
For decades, the German automaker has sold an array of iconic 3 and 5 Series automobiles. Now it is adding a new category: The 4 Series, BMW said