Business news

Billionaire Warren Buffett said the U.S. residential real estate slump will end by about 2011, predicting that’s how long it will take demand for […]

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Ameriprise Financial Inc. swung to a fourth-quarter profit of $237 million, or 90 cents a share. The financial services provider lost $369 million, or […]

BioBehavioral Diagnostics Co., a developer of a diagnostic tool for attention-deficit hyperactivity disorder, has closed a $10 million round of venture funding.
The financing was led […]

Vale Inco has taken exception to reports that it is seeking workforce cuts of up to 50 per cent at its strikebound Sudbury operations during […]

Target Corp. said late Friday it has bought Smith & Hawken’s brand name and some of the upscale garden store chain’s intellectual property.
The Minneapolis-based retailer […]

Raleigh City Manager Russell Allen on Tuesday named a Utah water utilities veteran to become the city’s new public utilities director, succeeding Dale Crisp, who […]

Spartech Corp. posted a profit of $8.2 million in the fourth quarter, compared with a loss of $197.4 million a year ago.
Net sales for the […]

As stores prepare for hordes of Black Friday shoppers and mark down high-definition TVs and hot toys, they’re also pushing deals on something more […]

When the U.S. holiday shopping season kicks off on the day after Thanksgiving, retailers can expect to see millions of less frightened, but even […]

Exxon Mobil Corp, Royal Dutch Shell Plc and Eni SpA dashed hopes for an imminent turnaround for the oil industry, saying sluggish economic recovery […]