Business News Blog

Graphic: the state
of housing

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Businesses cut prices at a record rate and builders started fewer new homes last month than anytime on record, according to new government data, as ... read on

HONG KONG (Reuters) – A rout in Asia pushed world stocks to their lowest in 5- years on Thursday, while oil fell to below $53 ... read on

Business Process outsourcing means delegation of work to another company. As of today, almost everyone knows the meaning of outsourcing. But, do they really understand ... read on

A TRADER shot himself in the open outcry pit of Brazil's main financial exchange yesterday in an apparent suicide attempt, ... read on

Mark Cuban Charged With Insider Trading The SEC says the Dallas Mavericks owner dodged $750,000 in losses by selling off shares in Mamma.com ahead of a ... read on

Yang will return to his former role as 'Chief Yahoo,' once a replacement is found.Apple beyond Steve JobsMore VideosSAN FRANCISCO ... read on

5:31pm UK, Monday November 17, 2008 There are fears for British banking jobs after Citigroup said it would cut 52,000 more posts worldwide, with losses "particularly ... read on

The Treasury is considering dangling the lure of lucrative shares in the banks to pension funds and other City investors to reduce the cost to ... read on

NEW YORK -- First came the banks looking for a federal rescue plan to stay afloat. Next it was the automakers seeking a bailout. And ... read on