Government gets $2.25 billion for Citigroup shares

September 30, 2010 by Yahoo! Finance: Top Stories  
Filed under Money News

[AP] - The government said Thursday it raised $2.25 billion from the sale of trust-preferred shares that it held in Citigroup Inc., moving to recoup the costs incurred in the $700 billion financial bailout.

Health care law may hamper limited insurance plans

September 30, 2010 by Yahoo! Finance: Top Stories  
Filed under Money News

[AP] - The new health care law could make it difficult for companies like McDonald's to continue offering limited insurance coverage to their low-wage workers.

Dollar Thrifty shareholders reject Hertz deal

September 30, 2010 by Yahoo! Finance: Top Stories  
Filed under Money News

[AP] - Dollar Thrifty Automotive Group Inc. shareholders rejected a buyout offer from Hertz on Thursday against the recommendation of the company's board.

Stocks end bullish month on weak note; Dow off 47

September 30, 2010 by Yahoo! Finance: Top Stories  
Filed under Money News

[AP] - Stocks ended a monthlong rally on a weak note, but still chalked up the best September in 71 years. Indexes rose sharply at the open Thursday following some better news on the economy, but stumbled at midmorning and stayed lower the rest of the day as traders pulled out profits following a spectacular run for the market in September.

US rocket contractor ATK lays off more workers

September 30, 2010 by Yahoo! Finance: Top Stories  
Filed under Money News

[AP] - The company that makes rocket boosters for the soon-to-be-retired space shuttle said it laid off hundreds of employees Thursday because of uncertainty over the future of the U.S. space program.

Stocks sizzled in third quarter, but will it last?

September 30, 2010 by Yahoo! Finance: Top Stories  
Filed under Money News

[AP] - When you open your quarterly financial statements in the next few weeks, you might be both pleased and puzzled. Despite the economic doldrums, the stock market put together a sizzling 11 percent return over the past three months, including its best September since 1939.

Pa. DEP targets Texas driller for tainted water

September 30, 2010 by Yahoo! Finance: Top Stories  
Filed under Money News

[AP] - Pennsylvania's top environmental regulator says the state will sue a Houston-based drilling company unless it agrees to pay nearly $12 million to extend a public water line to at least 18 residents whose water wells have been contaminated with methane gas.

Dozens charged in NY in global computer virus scam

September 30, 2010 by Yahoo! Finance: Top Stories  
Filed under Money News

[AP] - Hackers in eastern Europe who used computer viruses to steal usernames and passwords teamed up with foreign students who opened bank accounts in the U.S. to snatch at least $3 million from American bank accounts, authorities said Thursday in announcing charges against more than 80 people.

Panasonic, Whirlpool subsidiary to plead guilty

September 30, 2010 by Yahoo! Finance: Top Stories  
Filed under Money News

[AP] - Japanese electronics giant Panasonic Corp. and a subsidiary of Michigan-based appliance maker Whirlpool Corp. have agreed to plead guilty and pay more than $140 million in criminal fines for their roles in an international price-fixing scheme, the U.S.

Interior Dept. sets new offshore drilling rules

September 30, 2010 by Yahoo! Finance: Top Stories  
Filed under Money News

[AP] - The Obama administration on Thursday imposed new rules to make offshore drilling safer, but said it was not yet ready to lift a temporary ban on deepwater drilling.

Next Page »