Obama stimulus plan boosts business tax refundsPresident-elect Barack Obama's proposed stimulus package would provide businesses with billions of dollars in refunds on taxes they paid several years ago.
GM says China '08 sales up 6 pct but growth slowsGeneral Motors Corp. said Tuesday its sales in China rose 6 percent to 1.09 million vehicles in 2008, but growth slowed as consumers held back amid an economic downturn.
Stock futures regain momentum ahead of dataWall Street headed for a moderately higher open Tuesday, regaining its upward momentum ahead of a fresh round of readings on the service sector, factory orders and pending home sales.
Nation's health spending rises, but not so muchHealth care continued to take up a greater share of the economy in 2007, as spending on hospitals, doctors and other services increased 6.1 percent to $2.2 trillion.
European stocks lifted by retailers, automakersEuropean stock markets rose modestly Tuesday despite Wall Street's setback from the day before as some relatively positive corporate news helped offset concerns about the global economy.
Madoff scandal, SEC role under scrutinyTwo more months of mortgage payments and retiree Allan Goldstein says he'll be broke, just another victim in what may be the biggest Ponzi scheme in history.
Ukraine: Russia cuts gas to Europe by two-thirdsUkraine's gas company Naftogaz said Tuesday that Russia's Gazprom slashed natural gas shipments to Europe by about two-thirds, while Balkan nations reported a complete shut off of Russian gas, in a
Obama plunges into econ talks, predicts approvalPresident-elect Barack Obama plunged into rare pre-inaugural crisis talks with congressional leaders Monday, declaring the national economy was "bad and getting worse" and embracing tax cuts now ex
Construction spending shows gains but outlook grimConstruction spending fell less than expected in November as record activity on nonresidential projects helped offset another steep decline in housing.
Legal battle in Dow-Kuwaiti deal on the wayDow Chemical says it will pursue legal action against a state-owned Kuwaiti company that pulled out of a joint venture agreement a week ago, and is already in talks to revive the deal with another
Oil above $48 as investors eye Gaza conflict, OPECOil prices remained above $48 a barrel Tuesday in Asia amid signs OPEC is implementing announced production cuts and as Israel's ground offensive in Gaza kept tensions high in the oil-rich Middle E
Ukraine gas official: Talks to resumeThe head of Ukraine's gas company Naftogaz says talks on resolving the gas dispute with Russia will resume Thursday.
Oleh Dubina announced Tuesday that he will travel to Moscow.
Russian gas shipments to Balkans via Ukraine ceaseTurkey, Romania, Greece and other Balkan nations reported a complete shut off of Russian gas shipped via Ukraine Tuesday, in a sharp escalation of a struggle over energy that threatens Europe as wi
World markets extend gains, Nikkei up 0.4 percentAsian stock markets were mostly higher Tuesday, shrugging off lackluster trade overnight in the U.S. and Europe amid growing optimism the world economy would start to recover later this year.
Toyota to suspend production for 11 days in JapanToyota Motor Corp. said Tuesday it will suspend production at all of its Japanese plants for a total of 11 days in February and March because of faltering global demand.
AP source: Ex-eBay CEO to run for Calif. governorFormer eBay Inc. chief executive Meg Whitman plans to run for governor of California, a person with knowledge of her political aspirations said Monday.
Man shot by his stepdad ends up in jail with himA man who police said was shot by his stepfather ended up in the same jail with him after officers discovered outstanding arrest warrants against the victim.
Father-son duo accused of gravestone robbingPolice are puzzling over what would motivate a father and son to haul off six tombstones from a monument company in suburban Albany. Town of Colonie Detective Lt.
