Obama swept Democratic contests over rival Clinton, with wins in Nebraska, Washington state and Louisiana. Huckabee defeated McCain in Kansas and Louisiana, while the Arizona senator won a tight race in Washington state.
Wholesalers' inventories rose 1.1% in December, the highest rate in more than a year, as sales plunged, a worrisome sign that unsold goods were piling up on shelves as the economy braked.
Obama seems to have an edge over Clinton in the four Democratic primaries this weekend. In the Republican race, McCain appears to have the nomination but Huckabee could consolidate conservative support.
Federal Reserve Chairman Ben Bernanke visits the Senate next week to discuss what lessons regulators can take away from the credit crunch. But markets will be watching to see whether the central bank chief tips his hand on interest rates.
The FDA said today that Botox may be associated with rare side effects including hospitalization and death — and that those serious problems seem to be clustered largely in children treated for spasticity associated with cerebral palsy.
The notice, though preliminary, will surely be considered by doctors who use the drug for that purpose (a use [...]
A new law will allow some workers to take unpaid time off in conjunction with a family member's military deployment, and extends the leaves available to care for a family member injured in military service.
The Writers Guild of America said in a letter to its members overnight that it had reached a "tentative deal" for a new three-year contract with the major Hollywood studios and television networks. (Text of letter)
Polaroid is closing its remaining U.S. film plants next month and will stop making film for its venerable instant-picture cameras by the end of the year.
Alcatel's $3.65 billion write-down on what was supposed to be one of its key wireless technologies raises concerns that the company overpaid for Lucent.
The SEC is considering rules requiring credit-ratings firms to disclose the accuracy of past ratings. This is the first indication of how the industry might be regulated in the wake of the subprime crisis.
The Tokyo Stock Exchange halted trading of futures on a key Japanese stock index because of a computer glitch, again raising concerns about the technological infrastructure of a city that is promoting itself as regional finance hub.
Eric Mindich's $10 billion Eton Park Capital Management is acquiring the portfolio of debt-oriented hedge fund R6 Capital Management and hiring the firm's executives.
It's true for athletes and tourists alike: The hardest part of the Olympics is getting in. But once travelers secure airline and hotel reservations, the city's persistent pollution and traffic congestion pose obstacles. Here are tips to get through the maze.
Jeff must make a tough decision about how his grandmother can pay for her extended care as she undergoes treatment for bladder cancer. After weighing the options, he prepares to convince her to pursue a reverse mortgage.
The new Subaru Impreza WRX, a favorite of rally racers, is still uncivilized for normal, everyday driving. But its $25,495 starting price and its 5.7-second 0-to-60 time offer great bang for the buck. Photos
Congress is moving to lower borrowing costs on "jumbo" mortgages. Lending experts caution, however, that lower costs could be offset by possible new fees and say many homeowners have too little equity to refinance.
Air-traffic controllers are retiring in droves, sparking debate over safety. Airline on-time rates plunged in December, leaving 2007 as the second-worst year ever for delays.
It's true for athletes and tourists alike: The hardest part of the Olympics is getting in. But once travelers secure airline and hotel reservations, the city's persistent pollution and traffic congestion pose obstacles. Here are tips to get through the maze.
It's true for athletes and tourists alike: The hardest part of the Olympics is getting in. But once travelers secure airline and hotel reservations, the city's persistent pollution and traffic congestion pose obstacles. Here are tips to get through the maze.
Musical acts, especially unsigned performers, are increasingly turning to dance routines to promote their songs. The routines are helping drive music sales by taking off on the dance floor and in endless imitations online.
When it comes to advancing a career, sometimes the best way to take a step forward is to take a step back. For most people, a promotion is the cure for a stagnating career. But a few pursue a much riskier strategy. We interviewed successful executives who have made contrarian career moves. A few common themes emerged in their stories.