Stocks slump on slowdown fears

Stocks slipped Thursday, erasing earlier gains as worries about a sputtering economy overshadowed a better-than-expected report on jobless claims.
The Dow Jones industrial average […]

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CB&E, contractors seek $1.9M from Union Station

Since March, at least 10 construction companies and professional service firms have filed liens totaling more than $1.9 million against Union Station Holdings LLC, which […]

Bill introduced to ban ‘junk science’ state-funded reports

Assemblyman Kevin de León has introduced a bill that would ban state-funded contracts with public or private universities for research unless they meet minimum academic […]

Paypal sees big online holiday shopping spike

PayPal, eBay Inc.'s payment processing subsidiary, said Friday that it saw a 30 percent increase in the volume of U.S. payments on Thanksgiving Day compared […]

Wall Street plays new game of risk

Hey there risk. Welcome back. What’s shaking?
Banks and other financial stocks have soared this year and have helped lift the broader market.
Shares of […]

Shirakawa Signals Bank of Japan Is Likely to End Credit Steps

Bank of Japan Governor Masaaki Shirakawa said companies are finding it easier to get funding, signaling the central bank will probably end its credit-easing […]

Australia’s Trade Deficit Narrows as Oil Imports Fall

Australia’s trade deficit narrowed in August as imports of oil and consumer goods fell.
The shortfall narrowed to A$1.52 billion ($1.33 billion) from a […]

Fed May Need Aggression in Reversing Actions, Warsh Says in WSJ

Federal Reserve Governor Kevin Warsh said the U.S. central bank may need to be as aggressive in reversing its actions to revive the economy […]

Goldman Sachs fund to invest $250 million in Geely: report

A Goldman Sachs Group private equity fund is investing about $250 million in Chinese carmaker Geely Automobile, a move that could free up capital […]

India’s Growth May Falter as Drought Threatens Crops

India’s economic rebound, which last quarter lagged behind recoveries in China and Japan, may falter as a drought threatens to curb harvests and rural […]