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ECONOMY: When unemployment last topped 10 percent

ECONOMY: When unemployment last topped 10 percent

WASHINGTON ---- The last time unemployment climbed past 10 percent, "The A-Team" was one of the top 10 TV shows and Michael Jackson was about to release "Thriller."

Nov 06, 2009 | 10:35 am | Loading…

RETAIL: Deja vu: Retailers in DVD price war

NEW YORK ---- Wal-Mart Stores Inc. is upping the ante heading into the holiday season, trimming the online preorder prices of some upcoming DVDs following last month's price cut on books.

Nov 06, 2009 | 10:35 am | Loading…

RETAIL: Game could set entertainment record

NEW YORK ---- This holiday season's biggest entertainment blockbuster likely will be a sequel to a popular franchise, with jarring depictions of war and an intricate story of good versus evil. It could easily rake in more than last year's record $155 million opening weekend for "The Dark …

Nov 06, 2009 | 9:50 pm | Loading…

EBay settles lawsuit filed by Skype founders

SAN FRANCISCO ---- EBay Inc. has settled a legal skirmish with the founders of Skype that threatened to complicate eBay's plans to sell most of the Internet phone service to a group of investors for $2 billion.

Nov 06, 2009 | 9:50 pm | Loading…

ENVIRONMENT: Solana Beach group launches 'green' chamber of commerce

SOLANA BEACH ---- Seeking environmentally minded companies throughout San Diego County, the Solana Beach Chamber of Commerce has established a new business organization ---- a "green" chamber.

Nov 05, 2009 | 2:40 pm | Loading…

RETAIL: October sales offer relief to merchants

RETAIL: October sales offer relief to merchants

NEW YORK ---- Consumers, enticed by cooler weather and an improving economy, spent a little more in October, handing the retail industry its second consecutive monthly sales gain after more than a year of declines.

Nov 05, 2009 | 10:35 am | Loading…

HOUSING: Fannie Mae to rent out homes instead of foreclosing

WASHINGTON ---- Can't pay the mortgage? You still might be able to stay in your home. Government-controlled mortgage company Fannie Mae is going to give borrowers on the verge of foreclosure the option of renting their homes for a year.

Nov 05, 2009 | 3:10 pm | Loading…

ECONOMY: Congress votes for more aid to jobless, homebuyers

WASHINGTON ---- Congress took further steps to right the staggering economy by expanding a popular tax credit for homebuyers and extending unemployment checks for the growing legions of people running out of benefits with few job prospects.

Nov 05, 2009 | 11:45 am | Loading…

WATER: Local officials praise water deal, say conservation targets achievable

Local water officials praised California's water legislation as a genuine, long-term fix for the drought-plagued state's decaying supply infrastructure. And they said local consumers could hit tough new conservation targets.

Nov 04, 2009 | 7:50 pm | Loading…

ENERGY: California utilities ask regulators to upend power rates

California's three largest utilities have asked regulators to restructure electricity rates, raising prices for low-usage customers and lowering them for the highest.

Nov 04, 2009 | 6:15 pm | Loading…

ECONOMY: As jobs vanish, factory towns slow to see stimulus

ECONOMY: As jobs vanish, factory towns slow to see stimulus

WASHINGTON ---- Many communities hit hardest by job losses, those built around dying factories and mills, have been slowest to see relief from President Barack Obama's stimulus plan, underscoring how hard it is for Washington policymakers to create lasting work in areas that need it most.

Nov 04, 2009 | 12:05 pm | Loading…

FINANCE: Fed again pledges to hold rates at record lows

WASHINGTON ---- With the recession apparently over, the Federal Reserve on Wednesday held a key interest rate at a record low and again pledged to keep it there for an "extended period" to foster the fragile economic recovery.

Nov 04, 2009 | 12:45 pm | Loading…

ECONOMY: ISM's service sector index grows again in October

ECONOMY: ISM's service sector index grows again in October

NEW YORK ---- The U.S. service sector grew for a second straight month in October, but at a slower pace than in September, as a broad economic recovery creeps along.

Nov 04, 2009 | 11:45 am | Loading…

REGION: Customs officer denied for March-area Foreign Trade Zone

Riverside County's request for a federal customs officer to be assigned to its Foreign Trade Zone near March Air Reserve Base has been denied, the county Office of Foreign Trade said Wednesday.

Nov 04, 2009 | 3:45 pm | Loading…

PHARMACEUTICALS: Merck, now No. 2 drugmaker, set for future buys

TRENTON, N.J. ---- The new Merck & Co. has become the world's second-biggest drugmaker overnight with a huge acquisition, but it still has a fat wallet and plans more wheeling and dealing.

Nov 04, 2009 | 3:45 pm | Loading…

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