Business

Traders work on the floor of the New York Stock Exchange Reuters

Wall St ends dismal month on flat note, semis slide

Reuters – 2 hrs 12 mins ago

NEW YORK (Reuters) – Stocks ended little changed in choppy trading on Tuesday, closing out an August the bulls would like to forget. Full Story »

Loan picture improves but troubles remain: FDIC

Reuters – Tue Aug 31, 2:46 pm ET
  • Amazon trying to create Web-based TV service: report

    Reuters – 56 mins ago  

    NEW YORK (Reuters) - Online retailer Amazon.com Inc is trying to create a service that gives paying subscribers unlimited access to some television shows and movies over the Internet, The Wall Street Journal reported. Full Story »

  • Consumer confidence, home prices edge up

    Reuters – 2 hrs 7 mins ago  
    A pair of housing units are shown for sale in San Francisco,... Reuters

    NEW YORK (Reuters) - Consumer confidence rose modestly in August and home prices gained more than expected in June, easing some worries the economy is headed for another downturn soon. Full Story »

  • Americans' economic confidence ticks up slightly

    AP – 2 hrs 32 mins ago  
    A concierge and a valet assist a shopper in loading purchases... AP

    NEW YORK - Americans' confidence in the economy improved slightly in August from July, but they're still roughly as gloomy as a year ago. Full Story »

  • Applied Signal 3Q profit increases

    AP – 1 hr 8 mins ago  

    SUNNYVALE, Calif. - Applied Signal Technology Inc., a maker of intelligence and surveillance products, said Tuesday that its fiscal third-quarter profit increased as revenue from its network intelligence unit rose. Full Story »

  • Summary Box: HSBC sells US auto finance units

    AP – Tue Aug 31, 1:40 pm ET  

    IT'S OVER: British bank HSBC Holdings PLC has sold its last U.S. auto finance businesses to Spain's Santander for about $3.56 billion in cash, completing its exit from a market that cost it billions during the financial meltdown. Full Story »

  • Downsize for a More Affordable Retirement

    U.S. News & World Report – Tue Aug 31, 3:48 pm ET  

    Most people think retirement planning is about saving, investments, and the timing of retirement account withdrawals and Social Security benefits. Ensuring you have sufficient income is definitely one of the most important aspects of retirement planning. But so is controlling your expenses. One way you can do that is by downsizing your current lifestyle. Here is how controlling costs can help you prepare for retirement and still enjoy a nice standard of living. Full Story »

  • 10 bailed-out banks spent $16.3M lobbying in 1H

    AP – 14 mins ago  

    NEW YORK - The 10 banks that received the most bailout aid during the financial crisis spent over $16 million on lobbying efforts in the first half of 2010, as the debate over financial regulatory reform reached its height. Full Story »

  • Summary Box: Carrefour returns to 1H profit

    AP – Tue Aug 31, 1:26 pm ET  

    RESULTS: Carrefour SA says its three-year turnaround plan is "profoundly changing" the French retailer, which returned to a profit of euro82 million ($104 million) in the first half from a year-ago loss. Full Story »

  • Stock investors brace for another ugly September

    AP – 2 hrs 43 mins ago  
    FILE - In this Aug. 19, 2010 file photograph, shot with a zoom... AP

    CHICAGO - The economy is weakening, home sales are plunging and stocks are on a long slide. Now comes something even scarier for investors — the beginning of what is traditionally the worst month in the market. Full Story »

  • Dallas man pleads guilty in $535M oil, gas schemes

    AP – 6 mins ago  

    SHERMAN, Texas - A Dallas man pleaded guilty Tuesday to participating in two oil and gas schemes that defrauded 7,700 investors out of about $535 million. Full Story »

  • Obama adviser warns against tax cuts for wealthy

    Reuters – 2 hrs 50 mins ago  

    WASHINGTON (Reuters) - Temporarily extending tax cuts for the rich opens the door to permanent tax cuts and that is something the United States cannot afford, an economic advisor to President Barack Obama said on Tuesday. Full Story »

  • Hyundai shifting production of SUV to Kia plant

    AP – 5 mins ago  

    LOS ANGELES - Hyundai Motor America says the automaker will shift manufacturing of its Santa Fe SUV beginning this fall from its plant in Alabama to one in Georgia run by Kia Motor Manufacturing. Full Story »

  • Making the Most of the Campus Visit

    BusinessWeek – Tue Aug 31, 8:08 am ET  

    The campus visit is important to business school applicants because it can enhance their application and give them a sense of where they might one day earn their MBA. Although most experts agree that visitors should not get hung up on garnering face time with the busy admissions committee, some programs go as far as aiding them with their application, says Sam Kang, director of admissions for the full-time MBA/MS programs at the University of Maryland Smith School of Business (Smith Full-Time MBA Profile). Full Story »

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World News

A former Texas high school football player and petty street dealer who allegedly rose to become one of Mexico's most savage assassins became the third major drug lord brought down by Mexico in less than a year, and could provide intelligence on even bigger kingpins. Full Story »

Technology News

Foursquare, MTV to reward STD checkups with badge

AP – Tue Aug 31, 2:35 pm ET

You can "check in" to restaurants and bars, so how about health clinics while you get tested for sexually transmitted diseases? Full Story »

Science News

Villagers return to slopes of Indonesian volcano

AP – Tue Aug 31, 12:19 pm ET

Thousands of villagers returned to their homes along the ash-covered slopes of an Indonesian volcano that exploded after four centuries of dormancy, even though officials warned they could be putting their lives at risk. Full Story »