Business and Finance news

British police say they knew that Rupert Murdoch’s News of the World tabloid had hacked into the phone of murdered British teenager Milly Dowler nine years before the scandal exploded.
The chief constable of southern England’s Surrey Police says his force knew as far back as April 2002 that someone linked to the News of the […]

Amgen Inc. is laying off about 380 employees in research and development as it restructures its R&D operations.
The biotech company, based in Thousand Oaks, Calif., says the layoffs are targeted to enable the company to better allocate its research and development resources.
Company spokeswoman Christine Regan says the affected employees were notified Wednesday. They work at […]

Asian markets were mixed in early trading Monday, as investors evaluated a pledge by Germany and France to ensure European banks have the capital to weather any shock that may occur from the region’s debt crisis.
On Sunday, German Chancellor Angela Merkel and French President Nicolas Sarkozy said that a comprehensive response to the debt crisis […]

Chrysler says its U.S. sales jumped 27 percent in September on strong demand for its cars and SUVs.
Chrysler sold 127,334 new vehicles, including 8,709 new Chrysler 200 sedans.
Jeeps also did well. Sales of the Jeep Compass more than tripled, while Wrangler sales surged 47 percent. Demand for the Dodge Ram pickup rose 45 percent one […]

As Hurricane Ophelia moves north, forecasters have lifted a tropical storm watch for Bermuda but added one for the entire Avalon Peninsula of Newfoundland.
The National Hurricane Center in Miami says the tropical storm watch for Bermuda was lifted early Saturday evening.
At 5 p.m. Saturday, Ophelia had maximum sustained winds near 120 mph (193 kph) and […]

It’s been a day of missed, dropped and failed calls for AT&T wireless customers in Southern California, and the night is sounding very similar.
AT&T spokeswoman Meredith Red said late Saturday that a hardware equipment issue was disrupting service for wireless subscribers in the Los Angeles area, and technicians were working on the problem.
The service glitches […]

Most personal finance commentators say you need an emergency fund to cushion you from unexpected events, such as losing your job or facing a big unforeseen expense.
For many years I resisted. As the father of two young children, and with a huge mortgage, I didn’t have much spare cash. It always made more sense to […]

A union representing workers at three major grocery chains in Southern California is distributing picket signs as the clock ticks toward the end of a 3-day notice period required before calling a strike.
Union negotiators intend to keep talking if a resolution appears to be in sight when the period ends at 7:10 p.m. Sunday. They […]

ST. LOUIS

General Electric and other industrial companies are pushing stocks higher Tuesday in another day of choppy trading.
The Dow Jones industrial average was up 25 points, or 0.2 percent, to 11,086 at 2:55 p.m. The Dow dropped as many as 73 points in the morning. General Electric Co. rose the most of the 30 Dow stocks, […]