Mortgages climb for 10th straight week
WASHINGTON -- Rates on 30-year mortgages edged up slightly this week, posting the 10th consecutive increase and keeping rates at the highest level in more than two years.
GOP attempts to protect tax breaks for oil companies
WASHINGTON -- Senate Republicans fought Democratic attempts Thursday to use a $60 billion tax bill to pinch oil and energy companies that have been reporting record profits while consumers pay high gasoline prices.
Gap going through sales slump
SAN FRANCISCO -- Gap Inc.'s third-quarter profit plunged 20 percent as the clothing retailer stumbled through its worst sales slump in more than three years.
GM chief tries to reassure workers
DETROIT -- General Motors Corp. Chairman and CEO Rick Wagoner told employees Thursday that the world's largest automaker has no plans to file for bankruptcy despite heavy losses in its North American division and the threat of a strike at Delphi Corp., its major supplier. GM shares climbed more than 6 percent, bouncing back from their lowest level in 18 years.
Signing disclaimer not a good idea
Dear Len & Rosie,
Napa Valley style of growing, making wine coming to China
A group of Napa Valley winegrape producers are taking their expertise to China.