No image available
McGraw-Hill cuts 550 jobs
McGraw-Hill Cos., hit by declines in its education, financial services and media properties, said Thursday it has cut 550 jobs....
business
No image available
Lawmakers frustrated with foreclosure aid programs
Lawmakers vented Thursday about the government’s inability to solve the nation’s housing woes as fresh data showed foreclosure filings continued...
No image available
Loan modification efforts helping few troubled homeowners
Despite efforts by the federal government and banks to stop the home foreclosure disaster, frustrated borrowers are still battling red...
No image available
Ethnic businesses gain from customer loyalty
Inside a small, busy market on Sacramento’s 47th Avenue, Ricky Khan filled a shopping cart with bags of flour for...
Stocks rise on upbeat earnings reports
Better-than-expected earnings at Intel sent investors pouring back into the market Wednesday, sending stocks higher in early trading. Chipmaker Intel...
No image available
American Airlines parent AMR posts 2Q loss
A drop in travel during the recession pushed American Airlines parent AMR Corp. to a $390 million loss in the...
No image available
Opel aid may need renegotiating
The German government made clear Wednesday that its financial support for a takeover of General Motors Corp.’s Opel unit will...
No image available
Business inventories dip more than expected
Businesses slashed inventories more than expected in May, the ninth consecutive decline, as companies continued to trim stockpiles amid a...
No image available
Exxon makes first big investment in biofuels
Exxon Mobil Corp. said Tuesday it will make its first major investment in greenhouse-gas reducing biofuels in a $600 million...