WASHINGTON (AP) - Sales of existing homes plunged by a recordamount in September as turmoil in mortgage markets added moreproblems to a housing industry in its worst slump in 16 years.
LAS VEGAS (AP) - Lawyers for retired tennis star Andre Agassisought a preliminary injunction from a federal judge Tuesday,alleging that Target Corp. stores continued selling sandals bearinghis name without his permission.
By November, consumers in all 50 states will be able to "freeze"their credit reports at the three major credit bureaus to help prevent identity theft. Here's what you need to know.
WASHINGTON (AP) - In a policy reversal, federal regulators saidTuesday they won't drop phone numbers off the popular Do Not Callregistry while Congress considers making the list permanent.
The wildfires raging across Southern California are on track to become one of the most expensive fire events in U.S. history. On Oct. 23 the Insurance Information Institute estimated that insured damages from the blaze would reach at least $500 million, including damaged homes, lost business activity, and expenses for the hundreds of thousands of people who have been displaced. "Those are the insured losses,"says Robert Hartwig, the institute's president. "The actual economic losses will be higher."
NEW YORK (Reuters) - Merrill Lynch &Co Inc (MER.N) on Wednesday reported $7.9 billion in write-downs for the third-quarter -- triggering its first loss in six years -- as the company was burned by lax risk management and bad bets on mortgages and leveraged loans for corporate takeovers.
NEW YORK (AP) - Shares of Research in Motion Ltd. surged Tuesdayafter the BlackBerry maker and French telecommunications companyAlcatel-Lucent announced plans to sell the popular gadget in China.
LOS ANGELES (Reuters) - Online retailer Amazon.com (AMZN.O) posted a sharp rise in third-quarter net profit on Tuesday, helped by robust domestic and international sales and the latest Harry Potter book.
