Malaysia Increases Interest Rate as Recession Ends

Malaysia’s central bank raised its benchmark interest rate for the first time in almost four years, saying record-low borrowing costs were no longer warranted […]

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Blockbuster reports 2009 loss of $558M

Aggressive competition and disappointing holiday sales at Blockbuster Inc. resulted in the movie rental company reporting a net loss of $558.2 million for fiscal 2009.
CEO […]

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Hatoyama, Kan Escalate Pressure on BOJ to Combat Deflation

Japanese Prime Minister Yukio Hatoyama said the central bank should act “appropriately” to fight deflation, escalating pressure on Governor Masaaki Shirakawa and his colleagues […]

Projects worth watching in 2010

Downtown Macy’s
Bruce Development Co. and developer Rick Yackey plan to buy the Railway Exchange building at Seventh and Olive streets as part of […]

Xavier to launch residence/dining hall project

Xavier University said it began construction in February on a 240,000-square-foot residence hall and dining complex, to be completed by fall 2011.
The university will issue […]

Federal regulators put limits former Generations Bank exec

Bank regulators prohibited Rebecca Post, former president of Generations Bank, from holding any office in a bank without their prior written consent.
Overland Park-based Generations Bank, […]

Brewer calls for Monday emergency meeting

Arizona Gov. Jan Brewer is calling an emergency meeting of state agency heads on Monday.
Brewer and cabinet-level agency directors will discuss spending cuts approved by […]

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 […]

Forbes: Colorado in top 10 for women’s salaries

Colorado women have something to be thankful for: We're in top 10 of Forbes.com's latest list of top-earning states for women.
The business-news website and magazine […]

Time Warner profit beats estimates; outlook raised

Time Warner Inc posted a higher-than-expected quarterly profit and raised its full-year earnings forecast in a sign that advertising sales at cable networks such […]