Business News

Business Study: 35 percent in U.S. facing debt collectors Study: 35 percent in U.S. facing debt collectors
More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released Tuesday by the Urban Institute.
Business Jimmy Dean moves beyond breakfast for first time Jimmy Dean moves beyond breakfast for first time
The sausage brand started by the late country singer of the same name has become a breakfast staple, with products even including a pancake-and-sausage on a stick. Now the brand is hoping its new bowls and sandwiches can lure eaters at other meals.
Business Fed is weighing key issues but may reveal little Fed is weighing key issues but may reveal little
This much is clear: The Federal Reserve will make another cut this week in its monthly bond purchases, which have been aimed at keeping long-term loan rates low. This much is not: When will the Fed start tightening its interest-rate policy to thwart any runaway inflation?
Business City: Emails show 'cozy' ties of PG&E, regulator City: Emails show 'cozy' ties of PG&E, regulator
Top California regulators communicated often and enthusiastically with executives at Pacific Gas & Electric Co., even offering unsolicited advice on handling the media while they presided over a case to decide how much the utility should pay for a deadly explosion in a San Francisco Bay Area suburb, according to a trove of emails released Monday.
Business Zillow buying Trulia to make real estate titan Zillow buying Trulia to make real estate titan
Real estate website operator Zillow is buying rival Trulia in a $3.5 billion deal that would make the biggest player in the online real estate market.
Business Red Lobster goes vertical on plate to push quality Red Lobster goes vertical on plate to push quality
Red Lobster wants to be seen as a purveyor of quality seafood, so it's getting rid of some of its promotional discounts and plating dishes higher as is the style at fancy restaurants.
Business Fast food workers prepare to escalate wage demands Fast food workers prepare to escalate wage demands
Fast food workers say they're prepared to escalate their campaign for higher wages and union representation, starting with a national convention in suburban Chicago where more than 1,000 workers are expected to discuss the future of the effort that has spread to dozens of cities in less than two years.
Business Global tensions can't dent enthusiasm for stocks Global tensions can't dent enthusiasm for stocks
A war breaks out between Israel and Hamas. An airliner is shot out of the sky in Ukraine. A Portuguese bank's finances look shaky. And the U.S. stock market's response? After dipping briefly on the bad news, it climbs higher.
Business Russian biz execs fear lasting damage from plane crash Russian biz execs fear lasting damage from plane crash
Having for months dismissed Western sanctions on Russia as toothless, business leaders here are now afraid that the crash of the Malaysian jetliner will bring about an international isolation that will cause serious and lasting economic damage.
Business UK economy grows to surpass pre-crisis peak UK economy grows to surpass pre-crisis peak
Britain's economy has grown to surpass the peak it reached in 2008, before the global banking crisis caused a deep recession, official figures showed Friday.
Business Amazon shares fall on 2Q loss Amazon shares fall on 2Q loss
Shares of Amazon.com Inc. fell Thursday after the e-commerce retailer reported a larger than expected second quarter loss as expenses outpaced a surge in revenue.
Business Cal State University lowers enrollment growth Cal State University lowers enrollment growth (Video)
Enrollment growth at California State University will be cut by half this fall — from 20,000 to about 10,000 additional students — after state funding fell short of expectations, according to a report.
Business GM's 2nd quarter profit falls 85 percent on recall costs GM's 2nd quarter profit falls 85 percent on recall costs
Recall expenses chopped $1.5 billion from General Motors' bottom line in the second quarter, as it added up the costs of repairs for nearly 30 million cars and set aside funds to compensate victims of small-car crashes.
Business Wal-Mart names new CEO of U.S. discount division Wal-Mart names new CEO of U.S. discount division
Wal-Mart is replacing the chief of its U.S. discount stores in what could be an indication that it's losing confidence that its largest business unit will rebound after more than a year of disappointing results.