Business News

Shares Down Modestly, Ending a 4-Day Streak - New York Times


Boston.com

Shares Down Modestly, Ending a 4-Day Streak
New York Times
Stocks closed lower Wednesday for the first time in four trading days. Some investors worried about the details of a bailout deal reached for Greece on Tuesday. But analysts said investors were mostly in a holding pattern after seein…

Obama signs payroll tax cut extension into law, includes jobless benefits - Washington Post


Los Angeles Times

Obama signs payroll tax cut extension into law, includes jobless benefits
Washington Post
WASHINGTON — President Barack Obama signed the payroll tax cut extension into law Wednesday, notching an election-year victory and rare bipartisan agreement in the continuing partisan battle over…

Hewlett-Packard Second-Quarter Profit Forecast Misses Estimates Amid Slump - Bloomberg


Bloomberg

Hewlett-Packard Second-Quarter Profit Forecast Misses Estimates Amid Slump
Bloomberg
Enlarge image Hewlett-Packard Forecast Misses Estimates Hewlett-Packard Forecast Misses Estimates Marcus Brandt/DPA/ZUMAPRESS.com A Hewlett-Packard computer. Play Video Play Video Hewlett-Packard Co. forecast…

IMF turns sights to its Greek bailout contribution - Reuters


New York Times

IMF turns sights to its Greek bailout contribution
Reuters
By Lesley Wroughton | WASHINGTON (Reuters) - Now that Greece has secured a European bailout deal, the International Monetary Fund is trying to identify its financial contribution to the 130 billion euro ($172.13 billion) rescue p…

Why Debit-Card Overdraft Fees Are Under Scrutiny Again - BusinessWeek


Bloomberg

Why Debit-Card Overdraft Fees Are Under Scrutiny Again
BusinessWeek
By Karen Weise Today the new Consumer Financial Protection Bureau said it is going to take a look at debit-card overdraft fees. If it feels like deja vu, it kinda is. It's been a year and a half since new rules changed how ba…

Dollar Pushes Higher Vs. Yen - Wall Street Journal


Moneycontrol.com

Dollar Pushes Higher Vs. Yen
Wall Street Journal
By MATTHEW WALTER The yen fell to its lowest point against the dollar in seven months, hammered by the Bank of Japan's efforts to revive the Japanese economy. Japan's currency has tumbled every day since Feb. 14, when the country's centr…

Fuller Brush Goes Into Chapter 11 - Wall Street Journal


Chicago Tribune

Fuller Brush Goes Into Chapter 11
Wall Street Journal
By STEPHANIE GLEASON Fuller Brush Co., a faded business icon known for its army of door-to-door salespeople and the mark it left on popular culture, filed for Chapter 11 bankruptcy, five years after its takeover by private-equity fir…

Delays in delivery of tax refunds continue, tax pros say - USA TODAY


USA TODAY

Delays in delivery of tax refunds continue, tax pros say
USA TODAY
By Sandra Block, USA TODAY Taxpayers are continuing to wait longer than usual to receive their refunds, and a recent problem with the IRS' "Where's My Refund" tool caused many to fear that their returns hadn't been filed at al…

AT&T CEO pay docked $2 million - CNN


Slate Magazine

AT&T CEO pay docked $2 million
CNN
By Stacy Cowley @CNNMoneyTech February 22, 2012: 5:44 PM ET AT&T CEO Randall Stephenson's paycheck is $2 million lighter because of his failed T-Mobile takeover bid. NEW YORK (CNNMoney) -- What's the cost of a $4 billion gamble gone wrong?
AT&T CEO's pay…

Home sales rise, but prices will be slow to follow - USA TODAY


USA TODAY

Home sales rise, but prices will be slow to follow
USA TODAY
By Julie Schmit, USA TODAY By Bill Sikes, AP By Bill Sikes, AP Sales of existing homes increased 4.3% in January from December to a seasonally adjusted annual rate of 4.57 million, the National Association of Realtors reported Wedne…