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Buffett Says U.S. Housing Will Recover by 2011 on Lower Supply

March 1, 2010

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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Wednesday’s earnings report

February 6, 2010

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 […]

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BioBehavioral Diagnostics raises $10M

February 2, 2010

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 […]

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Vale Inco strategy documents `misrepresented’

January 23, 2010

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 […]

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Target buys Smith & Hawken brand

January 9, 2010

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 […]

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Raleigh hires new public utilities director

December 30, 2009

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 […]

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Spartech posts profit in Q4

December 15, 2009

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 […]

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Retailers add basics to Black Friday deals

November 28, 2009

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 […]

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“Black Friday” deals may not signal retail comeback

November 23, 2009

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 […]

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Oil companies give cool outlook as profits tumble

October 30, 2009

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

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