8 Old Colonial Hotels You Can Still Stay In
Remnants of a bygone world, these colonial memorials are places of nostalgic luxury where century-old traditions are preserved with meticulous care. Their Victorian flavour is reminiscent of Agatha Christie stories (actually, the famous writer stayed in some of them herself).
Dow dips, S&P and Nasdaq up as downgrade hits semis
The Dow dipped while the S&P 500 and Nasdaq rose slightly on Tuesday as a Morgan Stanley downgrade of semiconductors weighed on the sector, while deal news bolstered views that merger activity was picking up.
Flagstar Bancorp Q3 trails market, files for $2 billion shelf
Flagstar Bancorp Inc reported a wider-than-expected quarterly loss, hurt by higher non-performing assets and tax expenses, and filed for a mixed shelf of up to $2 billion, sending its shares down 13 percent.
Former Chrysler dealers hold on for compensation
Nearly five months after Chrysler Group LLC emerged from bankruptcy under the leadership of Italian automaker Fiat SpA, Rocco Massarelli faces almost certain ruin.
J&J to slash 7,000 to 8,000 jobs
Johnson & Johnson plans to cut up to 7 percent of its workforce in order to generate cost savings needed to finance increasingly costly drug research and to weather future challenges, the diversified healthcare company said on Tuesday.
House seen expanding home buyer tax break: Hoyer
The U.S. House of Representatives is expected to back a Senate plan to extend a popular homebuying tax credit through April and also expand its scope, House Majority Leader Steny Hoyer said on Tuesday.
Ex-Madoff accountant says did not know about fraud
The former outside accountant for Bernard Madoff's firm pleaded guilty to fraud charges on Tuesday, but he told a U.S. judge he did not know about the swindler's multibillion-dollar Ponzi scheme, which shook investor confidence and market regulators who missed it.
Stocks pulled lower by semis, financials
U.S. stocks stumbled on Tuesday after Morgan Stanley downgraded the semiconductor sector and a shake-up at two big British banks prompted investors to sell financial shares.
DuPont sees U.S. economic recovery taking hold
Chemicals maker DuPont said on Tuesday a U.S. economic recovery was beginning to take hold and forecast 2010 profit growth in line with Wall Street estimates.
Ford, Nissan sales rise on stronger demand
Ford Motor Co said on Tuesday its U.S. sales in October rose 3 percent and it gained market share due to strong demand for cars and crossover vehicles.
Polo profit tops view as demand picks up
Polo Ralph Lauren Corp posted a quarterly profit far above Wall Street estimates and strengthened its full-year revenue outlook, as demand for its fashions picked up as the quarter progressed.
TwitterPeek: The First Twitter-Only Mobile Device
A new gadget designed specifically for Twitter fans who want to tweet whenever and wherever, was launched on Tuesday by gadget maker Peek.
Buffett to buy Burlington Northern in his biggest deal ever
Warren Buffett's Berkshire Hathaway Inc will pay $26 billion to buy out railroad Burlington Northern Santa Fe Corp in what the billionaire investor called a bet on the U.S. economy.
Phone texting reveals sensitive new metrotextual
Men have become so openly affectionate with each other using mobile technology they've taken to signing off text messages to male friends with a kiss , giving rise to a new generation dubbed Metrotextuals.
Best Buy plans movie download service with Sonic
Best Buy Co Inc plans to start an online service that allows consumers to buy, rent and download movies and television shows, the electronics retailer said on Tuesday.
Buffett lands biggest deal ever
Warren Buffett's Berkshire Hathaway Inc will pay $26 billion to buy out railroad Burlington Northern Santa Fe Corp in what the billionaire investor called a bet on the U.S. economy.
Buffett to buy Burlington Northern
Warren Buffett's Berkshire Hathaway Inc will pay $26 billion to buy out railroad Burlington Northern Santa Fe Corp in what the billionaire investor called a bet on the U.S. economy.
MasterCard Q3 profit beats estimates as costs fall
MasterCard Inc reported higher-than-expected quarterly earnings on Tuesday as the world's second-largest credit card network aggressively trimmed marketing expenses and raised fees to banks, and consumers used their debit cards more.
Ford sales rise 3 percent
Ford Motor Co said on Tuesday that its U.S. sales rose 3.1 percent in October from a year earlier among all of its brands, supported by sales of cars and crossovers.
Cablevision beats expectations, shares jump
New York cable operator Cablevision Systems Corp posted better-than-expected quarterly profit, fueled by increases in Internet and phone subscribers and advertising revenue.
Wall Street pulled lower by semis, financials
U.S. stocks stumbled on Tuesday after Morgan Stanley downgraded the semiconductor sector and a shake-up at two big British banks prompted investors to sell financial shares.
U.S. September factory orders beat expectations
New orders received by U.S. factories beat Wall Street expectations and rose 0.9 percent in September, while inventories continued to shrink, the Commerce Department said on Tuesday.
Sony Ericsson unveils first Android phone
Sony Ericsson unveiled its flagship X10 mobile phone on Tuesday, its first to run on Google Inc's Android operating system, hoping the device will help reverse its loss of market share.
Sept factory orders rise 0.9 percent
New orders received by U.S. factories rose a stronger-than-expected 0.9 percent in September, while inventories continued to shrink, the Commerce Department said on Tuesday in a report suggesting manufacturing activity is feeding the economic recovery.
BofA CEO may be based outside Charlotte: report
Bank of America Corp is considering allowing its next chief executive to be based in a city other than Charlotte, North Carolina, the bank's long-time headquarters, Bloomberg reported on Tuesday.
Sony Ericsson unveils its first Android phone
Sony Ericsson unveiled its new X10 flagship mobile phone on Tuesday, its first to run on Google's Android operating system, but said it would not go on sale until early next year.
Borders offers free shipping on out-of-stock items
Borders Group Inc took the latest step in the battle for book buyers this holiday season, promising customers it will ship items to their homes for free when they're out of stock in the company's bookstores.
Magna, labour at GM's Opel agree cost cuts
Opel's labour force has agreed to contribute 265 million euros ($390 million) in annual savings if General Motors finally sells a majority stake in its European arm to a group led by Canada's Magna.
Semis, financials drag Wall St lower
U.S. stocks fell on Tuesday, weighed by technology and financial shares, as Morgan Stanley downgraded the semiconductor sector and after a shake-up at two big British banks and poor results from Swiss lender UBS.
Leno says NBC making money with show's new time
Jay Leno has shrugged off low ratings for his new prime-time nightly TV talk show, saying NBC is making money with his switch from late night to earlier and he enjoys being an underdog in the race to get viewers.
