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Pensions are ticking time bomb
Pensions are not dead, but they are dying — in the private sector. High costs of running them are pushing more companies each year to replace them with 401(k) plans for employees.
Southwest Airlines to offer flights to Canada
Southwest Airlines Co. said Tuesday it plans to sell international travel through a partnership with Canada's WestJet - a first for the low-fare carrier.
SEC finds credit raters had conflicts of interest
The three main credit-rating agencies failed to rein in conflicts of interest in giving high ratings to risky securities backed by subprime mortgages that later collapsed, federal regulators said Tuesday.
Microsoft backs Icahn's bid to oust Yahoo board
Microsoft Corp. threw its weight behind investor Carl Icahn's effort to dump Yahoo Inc.'s board, saying Monday that a successful shareholder rebellion would encourage the software maker to renew its bid to buy Yahoo's Internet search engine or possibly the entire company.
Crisis wipes $1 trillion from financial stocks
NEW YORK - U.S. financial companies have lost more than $1 trillion in value this year, and yet another decline on Monday shows concerns aren't going away soon.
The buck doesn't stop here; it just keeps falling
Things in the U.S. sure are tough. Brother, can you spare a euro?  Housing market in Welsh town shows wider woesDuring a bustling lunch hour in this Welsh commuter town, 25-year-old Richard Williams is one of the few who pause to look at properties for sale in a real-estate agent's window - and he isn't buying.  Wall Street gets ready for earnings, oil movesInvestors battered by surging energy prices, disappointing economic data and the ongoing credit crisis will have something else to worry about this week - second-quarter corporate results.
Manhattan apartment sales drop, but prices climb
Apartment prices in Manhattan posted double-digit gains even as tight credit conditions and continued unrest on Wall Street slowed sales for the second straight quarter, according to two reports released Wednesday.
Ohio-based steelmaker listed on S&P 500
An Ohio-based steel maker with headquarters in suburban Cincinnati has been elevated to a listing on the large-cap Standard & Poor 500 index.
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