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Seattle Daily Business News
03-16-10 12:35 PM
Oil prices climbed back near $82 on Tuesday as the Federal Reserve said again that it will hold interest rates at record lows as the economy continues to recover.
03-16-10 12:33 PM
Michelle Obama is urging the nation's largest food companies to speed up efforts to make healthier foods and reduce marketing of unhealthy foods to children.
03-16-10 12:32 PM
Don't turn your back on mutual funds that charge redemption fees, says Michael Finke, associate professor and Ph. D. coordinator of personal financial planning at Texas Tech University. His research says such fees, which can charge up to 2 percent for pulling out of a fund before a certain period, discourage short-term traders from jumping in and out. That kind of trading drives up costs for the fund, hurting long-term investors. He says the effect is more pronounced the higher the redemption fee and the longer its duration.
03-16-10 12:31 PM
Ford Motor Co. says the 2011 Mustang GT has something unexpected to brag about: Fuel economy.
03-16-10 12:28 PM
New York Times Co. CEO Janet Robinson got a compensation package worth roughly $4.9 million in 2009, according to an Associated Press analysis of a regulatory filing.
03-16-10 12:22 PM
In a story March 15 about ParkerVision Inc.'s fourth-quarter results, The Associated Press reported erroneously that the company recorded revenue of $64 million. Its revenue was $64,000.
03-16-10 12:20 PM
When the swollen Red River threatened his uninsured house last spring, all Mark Baumgardner could do was pack up, leave and hope he wouldn't lose everything.
03-16-10 12:17 PM
The number of new legal cases in federal courts related to consumer issues surged in the year ended last Sept. 30 amid the recession and tough economic straits, data released Tuesday show.
03-16-10 12:37 PM
Stocks held on to modest gains Tuesday after the Federal Reserve gave a mildly more upbeat view of the economy.
03-16-10 12:16 PM
Burton Snowboards says it's moving its manufacturing facility and 43 jobs from Vermont to Austria.
03-16-10 12:11 PM
Treasury prices rose after the Federal Reserve on Tuesday described only slight improvements in the economy.
03-16-10 12:08 PM
Saudi Arabia's oil minister said Tuesday he expected OPEC to keep output steady for the rest of this year, in comments reflecting expectations that crude prices and supply are in sync with the fitfully recovering world economy.
03-16-10 12:38 PM
The Federal Reserve on Tuesday repeated its pledge to hold interest rates at record lows to foster the economic recovery and ease high unemployment.
03-16-10 11:54 AM
Federal judges have voted to make available digital audio recordings of some trials and hearings for a small fee. They also cut costs for users of federal court records on the Web.
03-16-10 11:53 AM
A comparison of the Federal Reserve's statement on the economy and its policy positions from its last meeting on Jan. 26-27 and the meeting Tuesday.
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