Stocks fall for 3rd day as dollar strengthens
Friday, November 20, 2009
NEW YORK (AP) -- Investors can''t shake their fears that the economy isn''t keeping up with the stock market....
Small Florida bank shuttered, 124th this year
Friday, November 20, 2009
WASHINGTON (AP) -- Florida banking regulators on Friday shut down Commerce Bank of Southwest Florida, marking the 124th U.S. bank to succumb this year to the struggling economy and rising loan defaults....
Americans save more but earn less as rates fall
Friday, November 20, 2009
NEW YORK (AP) -- The U.S. is finally becoming a nation of savers. Now if only we could get something for our money....
J.M. Smucker 2nd-quarter profit soars on coffee
Friday, November 20, 2009
PORTLAND, Ore. (AP) -- J.M. Smucker Co. nearly tripled its profit in the second quarter as the addition of Folgers coffee gave a jolt to its lineup and lower commodity prices for coffee beans and other items fattened its profit margins....
D.R. Horton sees 26 perecent spike in 4Q orders
Friday, November 20, 2009
Homebuilder D.R. Horton Inc., saw new home orders spike 26 percent from a year ago in the latest quarter as buyers raced to close deals and take advantage of a federal tax credit. But a wider-than-anticipated loss fueled by write-downs sent shares tumbling more than 15 percent Friday....
Chase drops arbitration from card contracts
Friday, November 20, 2009
BOSTON (AP) -- JPMorgan Chase & Co. said Friday it is dropping a clause from its credit card contracts that required disputes with customers to be handled through binding arbitration, a move that could lead to consumers filing class-action and other lawsuits....
More states add jobs, but many for temporary staff
Friday, November 20, 2009
WASHINGTON (AP) -- In a sharp improvement, more than half of U.S. states added jobs in October, though economists said many of the gains likely occurred in temporary employment....
Natural gas plunges 12 percent this month
Friday, November 20, 2009
NEW YORK (AP) -- Natural gas prices have dropped by more than 12 percent in the past month as the country continues to sip at its energy reserves and a balmy November allowed homeowners to leave the heat off....
