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Blockbuster CEO confident to meet Q1 debt covenant

Blockbuster Inc Chief Executive James Keyes said on Wednesday he was comfortable the nation's leading DVD rental chain will meet financial targets of its debt agreements in the first quarter and beyond.

Obama rockets past Clinton in New Hampshire

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Democrat Barack Obama rocketed to a 10-point lead over Hillary Clinton in New Hampshire one day before their showdown in the state's presidential primary, according to a Reuters/C-SPAN/Zogby poll released on Monday.

Intel Unribbons new Processor Plant

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Chip giant Intel opened up the first of four 45nm fabrication plants today in Chandler, Arizona representing a $3 billion investment for the company.
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Wildfires rage in California, more winds expected

Wildfires burned unchecked on Tuesday in Southern California, with hundreds of thousands of people forced to evacuate, at least 700 homes destroyed, and little hope for relief from the hot desert winds fanning the flames.
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First Magnus, big mortgage lender, halts loans

First Magnus Financial Corp., one of the largest independent U.S. mortgage lenders, said on Thursday it has stopped funding home loans and taking mortgage loan applications because investors are not buying its loans.
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UniSource Energy 2nd-qtr profit up 18 pct

UniSource Energy Inc, the parent of Tucson Electric Power, said on Monday second-quarter profit rose 18 percent, helped by a growing customer base and increased wholesale revenues.
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FDA probing death in gene therapy trial

A patient who became ill following two experimental gene therapy injections for arthritis has died and U.S. health regulators are investigating the cause, officials said on Thursday.
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Home foreclosures drop in June

U.S. home foreclosures fell in June after jumping to a 30-month peak in May, but default rates will escalate as a horde of mortgages resets at higher loan rates, real estate data firm RealtyTrac said on Thursday.
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AT&T says to buy Dobson for $2.8 billion

U.S. telecommunications company AT&T Inc. said on Friday it will buy rural wireless carrier Dobson Communications Corp. for $2.8 billion in cash to expand its reach in rural and suburban markets.
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Mace Sells Arizona Car Washes

Mace Security International Inc. (Nasdaq: MACE) on Friday sold its Arizona Car Wash Region to an undisclosed buyer for $19.25 million in cash.
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Voice recognition goes wireless

Zee Tawasha is an unabashed Blackberry addict, constantly sending urgent e-mails to employees at 30 mobile phone stores he owns across California, Arizona and Nevada.
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MySpace Outage Blamed on L.A. Power Loss

The popular social-networking site MySpace.com suffered a pair of extended outages over the weekend because of power problems at a key data center in the Los Angeles area, the company said Monday.
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Your House As a Nest Egg

Do you think your house is your retirement nest egg? Think again, say some financial advisers.

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