Business and Finance news

If you’re on Twitter, expect to see more ads flowing through your stream of tweets in the next few months.
The ads will show up even if the promotion is from a company that a person hasn’t chosen to follow. Until now, Twitter had only displayed ads that users were tracking.
As has been the case since […]

Federal officials say offshore oil and gas workers in the Gulf of Mexico are going back to platforms and rigs that had been evacuated because of Tropical Storm Lee.
The Bureau of Ocean Energy Management, Regulation, and Enforcement said Monday in a news release that 232 production platforms and 24 rigs had been evacuated. That meant […]

JEFFERSON CITY

Travelers across the nation waited for flights to resume in and out of East Coast airports that were closed by Tropical Storm Irene this weekend.
Irene was downgraded from a hurricane Sunday as winds ebbed around the time that the storm pushed into New York, the nation’s busiest air-traffic region.
Federal officials said airports reopened around Washington, […]

With markets still going haywire and conflicting financial advice coming from all directions, it would be tempting to just stick your head in the sand and hope it all goes away.
Instead, say experts, there are a few basic steps to take that will help you keep your finances intact, not to mention your sanity. (And […]

Fitch Ratings said Tuesday that it would keep its rating on long-term U.S. debt at the highest grade, AAA, and said the outlook remained stable. But it warned that it could lower the outlook to negative if Congress failed to trim future deficits.
Fitch’s rating was the best given by the three major credit rating agencies. […]

You’re poorer than you think.
As the recent turmoil on the Toronto stock market wiped out $163 billion in Canadians’ savings, some are rethinking everything from their planned retirement date to next winter’s beach holiday and even their choice of restaurant.
It’s a phenomenon called the “Wealth Effect,” an economic term that refers to the link between […]

To succeed as a trader on the floor of the New York Stock Exchange you have to a steely disposition. Traders know the rhythms of the market. And they don’t usually flinch, not even at the top of a rollercoaster.
But as the market opened Monday, dropping nearly 250 points almost immediately, some traders couldn’t help […]

Ameren Missouri has what, at first, might seem like an unusual strategy for reducing sulfur dioxide pollution from its power plants: an agreement to buy millions more tons of coal.
Missouri’s largest electric utility on Thursday announced a contract with its downtown neighbor, Peabody Energy Corp., for 91 million tons of coal from Wyoming’s Powder River […]

Deutsche Telekom AG said Thursday net profit fell 27 percent in the second quarter as it took one-time charges for early retirements in Germany and faced lagging revenue and excessive customer turnover in the U.S. mobile business it is selling to AT&T.
Net profit fell to euro348 million ($496 million) from euro475 million in the same […]