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BUSINESS      Saturday November 07, 2009
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Don’t lose that home -- rent it
Friday, November 6, 2009
WASHINGTON — Thousands of borrowers on the verge of foreclosure will soon have the option of renting their homes from Fannie Mae, under a policy announced Thursday. Associated Press


October gives retailers reason to smile
Friday, November 6, 2009
NEW YORK — Consumers, looking to outfit themselves for cooler weather and enticed by an improving economy, spent a little more in October, handing the retail industry its second consecutive ... Associated Press


Fed pledges to keep interest rates low
Thursday, November 5, 2009
WASHINGTON — With the recession apparently over, the Federal Reserve on Wednesday held a key interest rate at a record low and again pledged to keep it there for an ... Associated Press


Fundraiser to help equestrian center
Thursday, November 5, 2009
Local companies and cattle producers are gathering next Monday for a fundraiser to benefit Soaring Hope Equestrian Center — and to learn some of the latest information on livestock handling. Associated Press


Strong auto sales show industry stabilizing
Wednesday, November 4, 2009
DETROIT — GM reported its first monthly gain in U.S. sales in almost two years while Toyota and Ford also improved, a sign the auto industry it starting to crawl ... Associated Press


Buffett’s Berkshire buying railroad
Wednesday, November 4, 2009
NEW YORK — Legendary investor Warren Buffett is making what he calls an “all-in wager” on the U.S. economy — $34 billion to buy a major railroad that hauls everything ... Associated Press


New owners for local firm
Tuesday, November 3, 2009
Folding carton manufacturer St. Joseph Packaging has been acquired by a New York-based packaging company. Several local employees were laid off. Ahmad Safi


Ford surprises with $1B profit
Tuesday, November 3, 2009
DEARBORN, Mich. — Ford, the only Detroit automaker to dodge direct government aid and bankruptcy court, surprised investors with net income of nearly $1 billion in the third quarter and ... Associated Press


Chick-fil-A announces opening date
Sunday, November 1, 2009
Chick-fil-A, the nation’s second-largest chicken restaurant chain, plans to open a restaurant at The Shoppes at North Village in July. Ahmad Safi


Business briefs, Nov. 1, 2009
Sunday, November 1, 2009
Business briefs, Nov. 1, 2009


Tapping the Hispanic consumer market
Sunday, November 1, 2009
When the cupboards are bare and Armando Garza feels the munchies, he is not going to the closest grocery store or Wal-Mart. He walks to the local “tiendita” or small ... Ahmad Safi


Nearly 650,000 jobs credited to stimulus
Saturday, October 31, 2009
WASHINGTON — Nearly 650,000 jobs have been saved or created under President Barack Obama’s economic stimulus plan, the government said Friday, and the White House declared the nation on track ... Associated Press


Dow falls 250 points
Saturday, October 31, 2009
NEW YORK — Grim signals about consumer spending ripped through the markets Friday, sending stocks tumbling as investors raced for safe havens. Associated Press


Economy grows at 3.5%
Friday, October 30, 2009
WASHINGTON — The U.S. economy grew at a better-than-expected 3.5 percent annual rate from July through September, the government reported Thursday, the clearest sign yet that the deep recession that’s ... Associated Press


Commons to unveil 2 eateries in March
Friday, October 30, 2009
Two new restaurants will open in The Commons shopping development in March — King Kong Fast Food and Mr. Goodcents Subs & Pastas. Ahmad Safi