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Hostess says talks to stave off shutdown fail

November 21, 2012 • BusinessComments (0)

In this photo Friday, Nov. 16, 2012, Dan Curry, the superintendent of Liberty Christian in buys HoHos, at the Hostess Outlet store in Redding, Calif., shortly after it was announced Hostess was going out of business. “This is how I keep my office staff happy,” Curry said. “So I’ve got to stock up.” (AP Photo/Record [&hellip...

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Calif pickets disrupts activity at Port of Oakland

November 21, 2012 • BusinessComments (0)

Port workers represented by SEIU Local 1021 take part in a 24-hour strike at the Port of Oakland in Oakland, Calif., in the early morning hours on Tuesday, Nov. 20, 2012 (AP Photo/The Tribune,Laura Oda ) OAKLAND, Calif. (AP) — Custodial and maintenance...

Ex-hedge fund trader charged in $276M insider ploy

November 21, 2012 • BusinessComments (0)

U. S. Attorney for the Southern district of N.Y. Preet Bharara speaks at a news conference, Tuesday, Nov. 20, 2012, in New York. Mathew Martoma, a former hedge fund portfolio manager was arrested Tuesday on charges that he helped carry out the most lucrative...

Ex-‘Price is Right’ model wins suit against show

November 21, 2012 • BusinessComments (0)

HOLD FOR LYNN ELBER STORY/PERMISSION – FILE – In this February 2008 publicity image released by CBS Entertainment, host Drew Carey hosts pauses during a taping of of “The Price is Right Million Dollar Spectacular,” one of six new...

Sandy leads to Thanksgiving rental car shortage

November 21, 2012 • BusinessComments (0)

FILE- In this Friday, Nov. 2, 2012, file photo, cars that were uprighted and submerged by Superstorm Sandy remain at the entrance of a subterranean parking garage in New York’s Financial District, as the water is pumped out. Thanksgiving travelers who...

‘Anonymous’ targets Israeli websites over Gaza war

November 20, 2012 • BusinessComments (0)

A plume of smoke is seen over central Gaza Strip, after an airstrike by Israeli forces, as seen from the Israel Gaza border, Monday, Nov. 19, 2012. Israeli aircraft struck crowded areas in the Gaza Strip and killed a senior militant with a missile strike on a...

Lowe’s 3Q net income climbs on fewer charges

November 20, 2012 • BusinessComments (0)

FILE – In this Feb 21, 2012, file photo, a customer shops at Lowe’s in New York. Lowe’s said Monday, Nov. 19, 2012, its third-quarter net income surged 76 percent, helped by fewer charges and higher revenue. Its shares rose 5 percent in...

US budget hopes boost Asia stocks

November 20, 2012 • BusinessComments (0)

Women walk past an electronic stock indicator in Tokyo, Monday, Nov. 19, 2012 as the yen’s recent weakness helped boost Japan’s Nikkei 225 and its heavy orientation toward exporting companies. The index in Tokyo jumped 1.6 percent to 9,171.26, a...

50 Cent takes swing at promoting boxing in Nevada

November 20, 2012 • Business, EntertainmentComments (0)

50 Cent arrives at the 40th Anniversary American Music Awards on Sunday, Nov. 18, 2012, in Los Angeles. (Photo by John Shearer/Invision/AP) LAS VEGAS (AP) — Rapper and entrepreneur 50 Cent is taking a swing at promoting boxing in Nevada. Nevada Athletic...

Intel CEO Paul Otellini to retire in surprise move

November 20, 2012 • BusinessComments (0)

FILE – In this Tuesday, Jan. 10, 2012, file photo Intel president and CEO Paul Otellini speaks during his keynote address at the 2012 International CES tradeshow, in Las Vegas. Intel says its CEO, Paul Otellini, plans to retire in May 2013 after nearly...