Business News Stories

Business News

AP - Businesses trimmed inventories at the wholesale level again in January even though sales rose for a 10th consecutive month. The dip in inventories underscored that businesses remain cautious about restocking their depleted shelves.
41 min 16 sec ago

More - Wholesale inventories fall while sales increase (AP)

AP - Connecticut Attorney General Richard Blumenthal is suing Moody's Investors Service and Standard & Poor's over ratings the agencies issued on certain investments.
48 min 36 sec ago

More - Connecticut AG sues Moody's, S&P over debt ratings (AP)

AP - Derivatives have become a dirty word.
1 hour 1 min ago

More - Curbing derivatives might hurt, not help, Greece (AP)

AP - Stocks are continuing their slow trek higher after the government's report of a drop in companies' inventories during January.
1 hour 3 min ago

More - Stocks rise after inventories fall but sales gain (AP)

AP - Following a brief pullback on Tuesday, oil prices jumped Wednesday after a government report showed that crude stockpiles grew less than analysts had predicted, raising hopes that demand for oil and gas is picking up.
1 hour 5 min ago

More - Oil climbs jumps past $83 on crude inventory data (AP)

AP - Google said Wednesday it will scan up to 1 million old books in national libraries in Rome and Florence, including works by astronomer Galileo Galilei, in what's being described as the first deal of its kind.
1 hour 11 min ago

More - Google to digitize old books from Rome, Florence (AP)

AP - Google Inc.'s CEO said Wednesday the Internet search company is in active negotiations with the Chinese government and expects some resolution in its dispute with Beijing soon.
2 hours 1 min ago

More - Google CEO: Development in China dispute 'soon' (AP)

AP - Fertilizer company Terra Industries said Wednesday its board favors a bid to be acquired by CF Industries instead of a previous agreement with Norway's Yara.
2 hours 10 min ago

More - Terra favoring CF over Yara in buyer battle (AP)