COMPANIES

In the tough economy, people are buying less Coors beer. Molson Coors Brewing Co. said Tuesday weak sales hurt quarterly profits, citing weak economic conditions, sentiment that was underscored hours later when the U.S. Commerce Department released figures show consumer gains combined with rising fuel costs prompted Americans to pinch dollars more tightly -- and beer was apparently one of the items cut.

NJ police set up a sting operation

MolsonCoors, maker of Coors Light and Blue Moon beers, posted lower than expected earnings on Tuesday, as commodity costs rose while sales dropped.

Skype's anticipated app for the iPad went live briefly Monday, but it was pulled after Skype said it was launched prematurely.

he British-based bank may slash at least 1,400 more jobs in 2011, after already having eliminated another 1,400 positions this year

Renowned custom tuner, Anderson Germany has introduced a sleek, menacing new look of the Maserati Gran Turismo S dubbed as the Superior Black Edition.

The TD-MI Monthly Inflation Gauge has indicated a 0.3% rise in July, bringing the year-on-year figure to 3.2%. The result takes inflation above the Reserve Bank's target band of two to three per cent.

Brokers have expressed outrage at a recent move by Firstfolio to impose a fee on non-performing originators.

U.S. media giants are set to report quarterly revenue gains on the back of a booming advertising market that shows little sign of retreating.

A former Trust Company of the West employee intentionally snuck confidential data out of the company and misled investigators who tried to recover it, a former TCW senior vice president testified.

HighTower Advisors, a firm that is expanding by poaching financial advisers from the big brokerages, on Monday said it hired a private banking team from Merrill Lynch managing more than $1 billion of client assets.

Oil fell on Monday, reversing gains as weak U.S. manufacturing data and a firming dollar hit crude prices that were buoyed earlier by a deal to raise the U.S. debt ceiling.

Gold was flat in early trade on Tuesday, supported by the gold purchase by South Korea's central bank, while investors watched the outcome of a vote on the debt deal.

Underlying trends suggest that the current bout of high inflation in the United States is likely to be short-lived, San Francisco Federal Reserve Bank researchers said on Monday.

Merrill Lynch, the second largest U.S. brokerage by assets and financial advisers, on Monday said it hired seven new advisers overseeing more than $800 million in combined client assets.

HighTower Advisors, a firm that is expanding by poaching financial advisers from the big brokerages, said on Monday it hired a private banking team from Merrill Lynch managing more than $1 billion of client assets.

U.S. cattle futures set a two-week high on Monday lifted by a sharp drop in this week's cattle supplies and on news of active beef exports last week, traders said.

Midwest cash gasoline differentials rose on Monday following cycle changes in both Chicago and Group Three markets.

Interest rates on most Treasury bills fell on Monday after a tentative deal among top Washington lawmakers to raise the debt ceiling soothed anxiety of a sovereign debt default.

The new release of Adobe Edge "allows web designers to bring animation, similar to that created in Flash Professional, to websites using standards likes HTML, JavaScript and CSS." "As the trend heads towards HTML 5, designers looking forward will have a strong incentive to learn HTML 5-capable animation frameworks, especially when Adobe develops them."

Ford is recalling one million F-150 trucks, its most popular vehicle, due to issues with the fuel tank straps corroding, according to the National Highway Traffic Safety Administration.

Denver is having a flight price war, as Frontier and Southwest are offering tickets through Tuesday and Wednesday at less than $10 one way to some destinations.

Gap is launching a new marketing campaign targeting smartphone shoppers. The company is releasing a video tip that tells shoppers they can clean their jeans by putting them in the freezer overnight.

Anthony reportedly used checks that she had stolen from a friend.

President Obama announced new fuel-efficiency standards on Friday that would more than double the current standards in the U.S.

Banks around the world are likely to keep slashing jobs in order to compete better in what is a cut-throat global business.

Google says the patent war is one that can be won, but the company bolstered its positioning by acquiring more than 1,000 patents from IBM.

Last week Wall Street was bullish on Dunkin' Brands' IPO, the parent company of Dunkin' Donuts, leading to a 40 percent rise in the share price, largely behind potential growth of the company.

Technology is increasingly displacing the need for workers worldwide. Foxconn, making of Apple's iPhones and iPads, plans to add one million robots to factories in the next three years. HSBC is cutting out "unnecessary bureaucracy" in eliminating 30,000 jobs.