business and finance

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Ar 708029995

Are wealthy stalling economy?

WASHINGTON – Wealthy Americans aren’t spending so freely anymore. And the rest of us are feeling the squeeze.The question is whether the rich will cut back so much as to tip the economy back into...

DATE: Aug. 1, 2010 | CATEGORY: Business

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Ar 708019979

Project helps Alaskans spice up soil

PALMER, Alaska – While Alaska has abundant natural resources, soil that’s good for gardening isn’t among them.To help residents create better dirt and grow vegetables to supplement their hunting,...

DATE: July 31, 2010 | CATEGORY: Business

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Ar 708019977

Competitive lockpicking grows

SOMERVILLE, Mass. – Schuyler Towne took a gleaming brass lock, inserted a small bent piece of flat steel into the keyhole and gently applied finger pressure. Then he slid in a lockpick and...

DATE: July 31, 2010 | CATEGORY: Business

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Ar 708019975

ATM hacker shows flaws

LAS VEGAS – A hacker has discovered a way to force ATMs to disgorge their cash by hijacking the computers inside them.The attacks demonstrated Wednesday targeted stand-alone ATMs. But they...

DATE: July 31, 2010 | CATEGORY: Business

When Double Dippers become downers

WASHINGTON – They’re a minority, but a vocal one, and they are hovering like storm clouds over a brittle recovery.They are the Double Dippers – the politicians, economists and analysts who foresee...

DATE: July 31, 2010 | CATEGORY: Business

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Ar 708019969

Adult entertainment sees iPorn potential

NEW YORK – It’s a maxim of technology: Invent the newest gadget, and the porn industry will find a way to cash in.So when Apple Inc. launched the iPhone 4 and its FaceTime videoconference feature,...

DATE: July 31, 2010 | CATEGORY: Business

New rule limits debt settlement firms

NEW YORK – Companies that promise to reduce or eliminate credit-card balances and other debt for customers no longer will be allowed to charge an upfront fee.The Federal Trade Commission said...

DATE: July 31, 2010 | CATEGORY: Business

Mortgage rates slide lower, hit 4.54 percent

NEW YORK – Mortgage rates are the most affordable in decades for those who can qualify for a loan.For many, the opportunity to buy a home or refinance at this time is lost because of the tough...

DATE: July 31, 2010 | CATEGORY: Business

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Ar 708019955

Toyota recalls 412,000 cars

NEW YORK – Toyota is recalling nearly half a million cars, most of them large sedans sold in the U.S., for problems that can cause the steering wheel to lock up. It’s the latest indication that the...

DATE: July 31, 2010 | CATEGORY: Business

Dow ticks up 7 percent in July

NEW YORK – Stocks had a fitting end to a choppy July as prices seesawed their way to a narrowly mixed finish. The market still had its best month in a year.Investors had an ambivalent response...

DATE: July 30, 2010 | CATEGORY: Business

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Ar 707289989

Vendors enjoy mobile trade

A time-honored tradition of small businesses is local vendors who – with the help of a table or trailer – transport their wares directly to the people to win customers one pizza, bar of soap or...

DATE: July 27, 2010 | CATEGORY: Business

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Ar 707289985

BP hopes to turn page with new CEO

NEW ORLEANS – Battered BP began reinventing itself in the shadow of the Gulf of Mexico oil spill Tuesday, naming its first American CEO as it reported a record $17 billion quarterly loss. Its...

DATE: July 27, 2010 | CATEGORY: Business