Waldenbooks bookstore which has been a part of the Napa Town Center for 18 years, is closing its doors on Saturday.

Downtown Napa celebrates recovery

WASHINGTON -- Federal securities regulators moved Tuesday to require companies to provide far greater detail about their executives' pay packages and perks in an effort to bring more transparency to an area that has provoked investor and public anger.

NEW YORK -- Shoppers who frustrated the nation's retailers by being choosy and waiting until the last minute for bargains during the winter holidays are expected to continue challenging merchants in 2006, particularly discounters and mid-level department stores.

OMAHA, Neb. -- Berkshire Hathaway Inc., billionaire Warren Buffett's investment company, on Tuesday said it was buying Business Wire, a privately held distributor of press releases, for an undisclosed amount.

BOSTON -- Medical device maker Guidant Corp. abandoned its support for a $24.2 billion acquisition bid from Johnson & Johnson in favor of Tuesday's far richer $27.2 billion offer from Boston Scientific Corp.

PARIS -- Airbus announced a record number of jet orders for 2005 on Tuesday, unexpectedly beating Boeing's tally for a fifth straight year, but the European plane maker fell behind its rival on order value as sales of its larger planes failed to keep pace. Airbus announced a review of its long-range A340 airliner in the wake of disappointing orders.