Markets to remain closed
America's financial markets will be closed for a second day Wednesday, as Wall Street struggles to come to grips with the disastrous effects of Tuesday's terrorist attack on the World...
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World financial markets left reeling
The explosions that rocked New York and Washington today shut down the nation's financial markets and sent shock waves rippling through exchanges around the globe. The apparent terrorist attack struck...
3rd profit drop for McDonald’s
Is the worst over for McDonald's Corp.? That's a question of much debate on Wall Street after the world's largest restaurant chain on Tuesday posted its third consecutive quarterly earnings...
Rough road for RV sector
Soaring gasoline prices and a weakening economy have combined to put the brakes on the once-booming RV industry. On Monday, RV-maker Coachmen Industries Inc. reported a bigger-than-expected first-quarter loss, on...
Comdisco posts loss as woes mount
Comdisco Inc. executives delivered a gloomy message to Wall Street on Thursday, providing scant hope for a rebound in their once-solid business and increasing expectations for a sale of the...
MCDONALD’S REPORTS 2ND PROFIT DROP
McDonald's Corp. reported its second consecutive drop in quarterly profits, but predicted a better second half because of signs that consumer concern over European beef is easing. The Oak Brook-based...
PROFIT UP AT TELLABS, BUT LAYOFFS ARE COMING
Tellabs Inc. delivered a bundle of pink slips along with its first-quarter earnings report Wednesday, saying it will trim its payroll by about 6 percent, including roughly 100 jobs based...
BLACK JOBLESSNESS MOVING BACK UP
For Wall Street, Friday's release of disappointing March employment data was grist for more speculation about where interest rates may be heading. But for the nation's most disadvantaged workers, the...
TECHNO-PETS A WHOLE NEW BREED
"The term `pet owner' took on a new meaning in 2000," according to Toy Manufacturers of America Chairman Patrick Feely, as the industry experienced a "virtual stampede of robotic dogs...
CHRYSLER CUTS 26,000 JOBS WORLDWIDE
DaimlerChrysler AG, moving to cut costs at its struggling Chrysler unit, unveiled a plan to slash 26,000 jobs, including as many as 950 at the company's plant in Belvidere. The...