Stocks jump on economic news, rescue fund approval

Stocks soared Thursday after applications for unemployment benefits fell to a five-month low and Germany voted to expand the powers of Europe’s bailout fund. The […]

Walgreen fiscal 4th-qtr profit jumps 69 percent

Drugstore operator Walgreen Co. said Tuesday its fiscal fourth-quarter earnings jumped 69 percent, boosted in part by a gain from the $525-million sale of its […]

Chevron approves $29 billion Aussie LNG project

U.S. energy giant Chevron Corp. says it will go ahead with a $29 billion liquefied natural gas project in Western Australia state.
Chevron, the largest holder […]

Carney says don

WASHINGTON

Regulators close Virginia bank; 2011 total is 72

Regulators on Friday closed a bank in Virginia, lifting to 72 the number of U.S. bank failures this year.
The Federal Deposit Insurance Corp. seized Bank […]

A low in jobs, mobility, marriage for young adults

Call it the recession’s lost generation.
In record-setting numbers, young adults struggling to find work are shunning long-distance moves to live with Mom and Dad, delaying […]

Clayton toymaker’s hermit crabs make Toys R Us’ hot holiday toy list

The Clayton-based toymaker that wowed the world with its robotic hamsters a couple years ago is hoping children will go gaga this year over its […]

Mongolia council rejects plan for key coal project

Mongolia’s National Security Council has rejected a plan for U.S. mining giant Peabody Energy, China’s Shenhua Group and a Russian-Mongolian consortium to jointly develop the […]

Libyan fighters have no certain info on Gadhafi

A military spokesman for Libya’s transitional government says revolutionaries have no certain information about Moammar Gadhafi’s location.
The spokesman Col. Ahmed Omar Bani says he thinks […]

ECB to provide banks with dollar loans

The European Central Bank has announced plans to provide banks with dollars in three medium-term loan operations through the end of this year.
The ECB said […]