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Les Schwab settles sex discrimination lawsuit for $2 million
Mar 11, 2010 at 5:04 PM PST
Les Schwab Tire Centers, one of the largest automotive businesses in the West, has agreed to pay $2 million to settle claims it refused to hire qualified women who applied for jobs changing tires.

Feds pledge tough review of Comcast-NBC deal
Mar 11, 2010 at 11:14 AM PST
Federal regulators are pledging a rigorous review of the proposed combination of Comcast Corp. and NBC Universal to ensure the deal does not stifle competition or harm consumers.

Watchdog: GMAC bailout could cost taxpayers $6.3 billion
Mar 11, 2010 at 9:35 AM PST
The Treasury Department sank billions into auto finance giant GMAC Inc. without an exit strategy or proof the company was viable - a decision that could cost taxpayers $6.3 billion, a new watchdog report says.

Credit card users: Not so responsible after all?
Mar 11, 2010 at 9:31 AM PST
Federal Reserve data shows that the bulk of last year's drop in credit card debt probably came because banks had to write off loans consumers failed to pay for more than 180 days.

Foreclosure rates up by smallest amount in 4 years
Mar 11, 2010 at 9:27 AM PST
RealtyTrac Inc. said Thursday that the number of U.S. households facing foreclosure in February grew 6 percent from the year-ago level, the smallest annual increase in four years.

First-time jobless claims drop slightly last week
Mar 11, 2010 at 9:24 AM PST
The number of newly laid-off workers requesting unemployment benefits slipped last week, the latest sign the employment picture is slowly brightening.

Trade deficit shrinks as auto, oil imports drop
Mar 11, 2010 at 9:21 AM PST
The U.S. trade deficit unexpectedly shrank in January, reflecting a big drop in imports of oil and foreign cars. American exports also fell, a potential blow to hopes that the economic recovery will be aided this year by U.S. sales abroad.

Wholesale inventories fall while sales increase
Mar 10, 2010 at 9:35 AM PST
Businesses trimmed inventories at the wholesale level again in January even though sales rose for a 10th consecutive month. The dip in inventories underscored that businesses remain cautious about restocking their depleted shelves.

Bank of America ends overdraft fees on debit cards
Mar 10, 2010 at 9:36 AM PST
Bank of America customers will soon be unable to spend more than they have in the accounts linked to their debit cards. It's a step that may become a common move ahead of new regulations limiting overdraft fees.

Google opens Web store for business applications
Mar 10, 2010 at 9:36 AM PST
Google Inc. will sell the online services of other business software makers in an effort to fill its own product gaps and persuade more companies to rely on applications piped over the Internet.

Toyota to expand recall of Tundra pickups for rust
Mar 10, 2010 at 9:29 AM PST
Toyota said Tuesday it will expand a recall announced last year to fix Tundra pickup trucks with frames that could rust and lead to spare tires falling from the vehicle.

OPEC raises 2010 oil demand forecast
Mar 10, 2010 at 9:26 AM PST
World oil demand is projected to grow by 900,000 barrels per day in 2010, OPEC said Wednesday, revising up its previous month's forecast while cautioning that the increase is hinged on a sustained global economic rebound, particularly in the United States.

Bank of America ends overdraft fees on debit cards
Mar 9, 2010 at 9:49 PM PST
Bank of America customers will soon be unable to spend more than they have in the accounts linked to their debit cards. It's a step that may become a common move ahead of new regulations limiting overdraft fees.

Class-action lawsuits could cost Toyota billions
Mar 9, 2010 at 10:11 AM PST
Toyota owners claiming that massive safety recalls are causing the value of their vehicles to plummet have filed at least 89 class-action lawsuits that could cost the Japanese auto giant $3 billion or more.

Continental CEO will cancel flights before fines
Mar 9, 2010 at 10:09 AM PST
A spokesman for the U.S. Transportation Department said airlines can avoid fines by doing a better job of scheduling flights and crews.