Costco profit up slightly, struggles with costs

Costco Wholesale Corp. sacrificed on profitability for the sake of popularity in its fiscal first quarter.
The wholesale club operator reported Thursday that its profit rose […]

Airlines cut small jets as fuel prices soar

The little planes that connect America’s small cities to the rest of the world are slowly being phased out.
Airlines are getting rid of these planes […]

Mexico: $93 million in corruption at electric co

Mexican prosecutors said Wednesday they have uncovered a $93 million corruption scandal at the Federal Electricity Commission, a public utility company that has been hit […]

Europe in worst hour since World War II, Merkel says

BERLIN

Boeing gets deal to build additional P-8A aircraft

The U.S. Navy has awarded Boeing $1.7 billion to build seven additional P-8A Poseidon maritime surveillance aircraft, the aerospace company announced Wednesday. The award is […]

Italian Cabinet to meet on growth measures

Premier Silvio Berlusconi has summoned his Cabinet to discuss growth measures demanded by the European Union to help save the eurozone from its debt crisis.
The […]

MasterCard posts 33 percent profit increase

U.S. shoppers kept on using their MasterCards in July even as uncertainty about the economy increased.
Spending with credit and debit cards bearing the company’s logo […]

Is RIM in

As stock markets digested news of Research in Motion

West Fraser targets more China sales

Lumber producer West Fraser Timber Co. Ltd. is eager to boost its wood sales to China after coming off the highest export shipments in the […]

Minn. Legislature works all night to end shutdown

Minnesota lawmakers are working through the night to end the state’s government shutdown, which has stretched to nearly three weeks.
By early Wednesday, lawmakers had sent […]