MORTGAGES: 30-year rate is a low

Rates on 30-year fixed-rate mortgages fell to a record low for the second week, causing refinancing applications to surge to the highest level in […]

Medtronic is facing some issues

What is the outlook for Medtronic Inc.? I seem to see a lot of questions about its products.
The largest medical equipment maker, holding […]

Insurer of sick running out of funds

A Burlington company that arranged investments in the life insurance policies of sick and elderly Americans is running out of cash.
Christopher Halas, vice-president of Universal […]

Panasonic sweetens Sanyo bid, Goldman may counter

Panasonic Corp (6752.T: Quote, Profile, Research, Stock Buzz) has sweetened its offer for Sanyo Electric Co (6764.T: Quote, Profile, Research, Stock Buzz) by 8 […]

Auto executives in spotlight as U.S. weighs bailout

U.S. automakers should consider executive shake-ups if it would ensure congressional backing for a bailout supporters say is needed to prevent industry collapse, an […]

British Airways reports a loss

LONDON–British Airways PLC yesterday reported a first-half net loss of 49 million pounds ($77 million U.S.), as record fuel prices and a global slowdown […]

Ameren to defer up to $1 billion of 2009 spending

Ameren Corp. may halt construction of pollution controls at a St. Charles County power plant as part of a broader plan to defer up […]

European economy to barely grow in ‘09

The European Commission forecast Monday that the economy in the 15 countries that use the euro will barely grow next year, expanding just 0.1% […]

Alton Pointe is fresh departure from old public-housing complex

Alton Pointe Apartments opened several months ago on the former site of Sullivan Homes, a 1950s-era public housing complex that was decried in its […]

Good for education . . . or, maybe not

For years, some Missouri casinos have been pushing the Legislature to get rid of that quirky, only-in-the-nation remnant of this state’s riverboat gambling days: […]