Archive for February 3rd, 2010
Cisco blows past Street’s forecast
Technology powerhouse Cisco posted quarterly profit and revenue that sailed past Wall Street’s most optimistic expectations and rose for the first time in more than a year.
Consumers paying credit card over mortgage
When faced with a financial crisis, consumers more often are opting to pay their credit-card bills first before turning to their mortgage payments, according to a report released by Trans Union Wednesday.
Stocks struggle after rally
Stocks slipped Wednesday, as two-session advance lost steam after a weak reading on the services sector of the economy and a mixed reading on the labor market unsettled investors.
Confusion and fear at Toyota dealerships
Toyota drivers are feeling mounting confusion and frustration as they attempt to fix their recalled cars. And Toyota dealers are under the gun as they face sometimes angry customers.
Should you start your own small business?
President Obama is calling on Congress to recycle $30 billion of the remaining TARP funds into a new lending program to help small business owners get loans. So, is now a good time to start your small business?
Reversing the jobs wipeout: What $5,000 can do
America’s smallest businesses shed another 12,000 workers last month, extending a two-year streak in which job losses have mounted every month, according to a report released Wednesday by payroll processor ADP.
Oil falls on surprise supply build
Oil prices fell Wednesday after a government report showed that crude supplies surprisingly jumped last week.
Senate ready to tackle jobs
Senate Democrats are expected to take up President Obama’s call and start rolling out their employment creation package by week’s end.
Concerned? Ask your Toyota dealer
Department of Transportation Secretary Ray LaHood said Wednesday that owners of Toyotas affected by the recall should bring their cars to a dealer.
Complaints pile up about Prius brakes
In the wake of massive recalls for gas pedal-related problems, Toyota Motor Co. is now faced with mounting complaints of brake problems in its 2010 Prius hybrid, one of the carmaker’s most iconic and popular models.
