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    Business Headlines
    Candy a sweet spot in sour economy (AP)

    Sarah Levy, owner of Sarah's Pastries and Candies, prepares chocolate covered marshmallows in the kitchen of her store in Chicago, Tuesday, June 10, 2008.  Many analysts say the candy business is likely to fare better than other nonessentials in these economically trying times, even as prices for commodities such as sugar, milk and cocoa have risen. (AP Photo/Martha Irvine)AP - Like a lot of people, Nate Towne is cutting back on spending. He's carpooling to work and only shops at grocery stores that take coupons or offer discount "rewards" cards.


    -- read full article
    Mon, 23 Jun 2008 18:38:56 GMT - Yahoo! News: Business
    Citigroup slashing investment bank jobs this week (Reuters)

    People walk past a Citibank branch in New York, February 17, 2007. Citigroup plans to cut thousands of trading and investment banking jobs this week, part of previously reported plans to slash about 10 percent of its investment bank division, a person familiar with the situation said on Monday. (Keith Bedford/Reuters)Reuters - Citigroup Inc plans to cut thousands of trading and investment banking jobs this week, part of previously reported plans to slash about 10 percent of its investment bank division, a person familiar with the situation said on Monday.


    -- read full article
    Mon, 23 Jun 2008 12:47:33 GMT - Yahoo! News: Business
    Bunge to buy Corn Products for $4.4 billion (Reuters)

    A combine harvests corn in South Dakota in a handout photo. (USDA/Handout/Reuters)Reuters - Fertilizer producer and oilseed processor Bunge Ltd said on Monday that it would buy Corn Products International Inc for $4.4 billion to gain a leading position in finished corn products such as starches and sweeteners.


    -- read full article
    Mon, 23 Jun 2008 14:49:28 GMT - Yahoo! News: Business
    GM, Ford shares tumble on auto sales worries (Reuters)

    The corporate logo for the General Motors Corp. General Motors Corp. said Thursday it was halting development of its next-generation pickup trucks and sport utility vehicles amid soaring gasoline prices.(AFP/File/Stan Honda)Reuters - Shares of General Motors Corp tumbled on Monday to their lowest level in 33 years while rival Ford Motor Co fell to a three-month low on concerns about weak U.S. auto demand in June and the rest of the year.


    -- read full article
    Mon, 23 Jun 2008 18:13:10 GMT - Yahoo! News: Business
    Dow, S&P rise on oil stocks (Reuters)

    Traders work on the floor of the New York Stock Exchange, June 23, 2008. (Brendan McDermid/Reuters)Reuters - The Dow industrials and the S&P 500 edged up on Monday as higher oil prices lifted energy shares, but financial companies' outlook kept investors cautious and overshadowed news of a $4.4 billion takeover in the agricultural sector.


    -- read full article
    Mon, 23 Jun 2008 17:24:34 GMT - Yahoo! News: Business
    Circuit City annual meeting comes amid buyout talk (AP)

    In this April 9, 2008 file photo, a customer walks into a Circuit City electronics store in Braintree, Mass. Circuit City says its loss widened in the first quarter mainly because of a big drop in sales at established stores.  (AP Photo/Stephan Savoia, file)AP - Investors hope to gain some clarity on the future of consumer electronics retailer Circuit City Stores Inc. at its annual shareholder meeting Tuesday.


    -- read full article
    Sun, 22 Jun 2008 21:23:44 GMT - Yahoo! News: Business
    Toronto stocks fall with weak financials, oils (Reuters)

    A general view of the TSX (Toronto Stock Exchange) Broadcast Centre in Toronto June 20, 2008. REUTERS/Mark BlinchReuters - The Toronto Stock Exchange's main index fell more than 200 points on Friday as financial issues were hurt by inflation fears and worries over more U.S. mortgage-related problems, while consumer stocks also fell.


    -- read full article
    Fri, 20 Jun 2008 21:30:32 GMT - Yahoo! News: Business
    Bunge to buy Corn Products for $4.4 billion: report (Reuters)

    A combine harvests corn in South Dakota in a handout photo. (USDA/Handout/Reuters)Reuters - U.S. fertilizer producer and oilseed processor Bunge Ltd has agreed to buy Corn Products International Inc for $4.4 billion in stock, The Wall Street Journal reported on Monday, citing people familiar with the matter.


    -- read full article
    Mon, 23 Jun 2008 07:38:07 GMT - Yahoo! News: Business
    U.S. housing rebound to be prolonged: Harvard study (Reuters)

    A foreclosed home in Chicago is seen in this January 28, 2008 file photo. (John Gress/Files/Reuters)Reuters - Record foreclosures and limited access to credit will make it harder than usual to rebound from this U.S. housing market slump, the worst at least since World War Two, according to a Harvard University study on Monday.


    -- read full article
    Mon, 23 Jun 2008 04:33:20 GMT - Yahoo! News: Business
    Altria stubs out Marlboro Ultra Smooth: report (Reuters)

    Packs of cigarettes are stacked inside a supermarket in New York September 21, 2004. (Shannon Stapleton/Reuters)Reuters - Altria Group Inc's Philip Morris USA has cancelled its Marlboro Ultra Smooth cigarettes, highlighting challenges it faces in trying to grow its tobacco business despite a decline in U.S. cigarette sales, The Wall Street Journal reported on Monday.


    -- read full article
    Mon, 23 Jun 2008 05:21:55 GMT - Yahoo! News: Business
    Citigroup to cut 10 percent of investment bank unit: report (Reuters)

    The Citibank building is seen in San Francisco, California April 30, 2008. (Robert Galbraith/Reuters)Reuters - Citigroup Inc is set to slash about 6,500 jobs in its investment banking division, the Wall Street Journal said on its website on Sunday.


    -- read full article
    Mon, 23 Jun 2008 04:39:25 GMT - Yahoo! News: Business
    Google has best reputation in U.S., airlines fall: survey (Reuters)

    Employees use community bikes to travel around Google headquarters in Mountain View, California March 3, 2008. (Erin Siegal/Reuters)Reuters - Google Inc's famous employee perks -- from providing "nap pods" for a quick break during the day to allowing engineers to spend 20 percent of their work time on side projects that may spark new ideas -- have given the Internet leader the best reputation in corporate America, according to a study released on Monday.


    -- read full article
    Mon, 23 Jun 2008 04:37:35 GMT - Yahoo! News: Business
    Halliburton quits Expro fight (Reuters)
    Reuters - U.S. oil services firm Halliburton said it has ended talks to buy UK rival Expro after its target refused to open an auction and opted for a 1.8 billion pound ($3.5 billion) rival bid. -- read full article
    Sun, 22 Jun 2008 11:05:04 GMT - Yahoo! News: Business
    Fed seen holding rates steady, eyeing prices (Reuters)

    Treasury Secretary Henry Paulson pauses during remarks about the Federal Reserve and trying to reduce threats to the economy at a Women in Housing and Finance meeting in Washington, June 19, 2008. (Jonathan Ernst/Reuters)Reuters - The U.S. Federal Reserve is expected to hold interest rates steady at a meeting this week and suggest it is in no rush to raise them, even as it acknowledges some troubling signs on the inflation front.


    -- read full article
    Sun, 22 Jun 2008 16:26:01 GMT - Yahoo! News: Business
    Jeddah deepens oil price dialogue, but no quick fix (Reuters)

    Saudi Arabia's King Abdullah (C) attends the opening ceremony of the Jeddah Energy Meeting June 22, 2008. (Ali Jarekji/Reuters)Reuters - World energy powers embarked on a new level of dialogue to try to rein in runaway oil prices at an emergency meeting in this Red Sea city, but were unable to come up with a quick fix.


    -- read full article
    Sun, 22 Jun 2008 18:14:16 GMT - Yahoo! News: Business
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