Circuit City posts wider 2Q loss

Circuit City Stores Inc. said Monday its second-quarter loss widened, and the nation’s second-largest consumer electronics retailer withdrew its fiscal 2009 outlook amid sluggish […]

Wachovia bank in talks to be bought: sources

Wachovia Corp is in talks with rivals to be taken over, sources familiar with the situation said on Sunday, after the U.S. bank’s shares […]

Retail group offers weak holiday forecast

NEW YORK — Holiday sales are expected to grow at the slowest pace in six years as shoppers worry about jobs, the housing and […]

Nomura grabs Lehman Asia unit; Europe next

Japan’s Nomura Holdings (8604.T: Quote, Profile, Research, Stock Buzz) is to buy the Asian operations of Lehman Brothers after outbidding rivals on Monday and […]

U.S. readies massive toxic-debt plan

The U.S. government is preparing to mop up hundreds of billions of dollars in bad mortgage debt, after curbing short-selling and guaranteeing mutual funds […]

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CEDAR RAPIDS, Iowa – Republican presidential candidate John McCain said today he would fire Securities and Exchange chairman Christopher Cox if he were president, accusing […]

China cuts tax on share purchases

China’s Finance Ministry has eliminated a tax on share purchases, effective Friday, moving to shore up ailing markets amid further by global financial turmoil.
State-run […]

BJC will require staff get flu shots

The area’s largest employer, BJC HealthCare, will require employees to receive a flu shot this year. The shots will be given on-site and free […]

St. Louis brokerage houses feel shockwaves from Wall Street

A crazy and painful day on Wall Street rippled through St. Louis on Monday, creating mixed results.
The financial industry took repeated head shots […]

Nikkei falls 5 percent to 3-year low as Lehman failure bites

The benchmark Nikkei average slid 5 percent to a three-year low on Tuesday, with investors dumping shares across the board after Lehman Brothers’ collapse […]