Business and Finance news

Citigroup CEO Vikram Pandit thanked U.S. taxpayers for delivering billions of dollars of aid during of the depths of the credit crisis, but offered few details on why the government needed to step in more than once to rescue the embattled firm.
Testifying before a congressional watchdog group Thursday, Pandit tried to explain away the […]

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Coca-Cola Co. may buy the North American operations of its biggest bottler, a deal that echoes a move by rival PepsiCo in response to falling soft-drinks sales, The Wall Street Journal reported Wednesday.
If the partial acquisition of Coca-Cola Enterprises Inc. goes through, the rest of the bottler would remain independent and buy […]

The Missouri Supreme Court has thrown out $125,000 in damages awarded to a former employee of Pepose Vision Institute of Chesterfield because a juror made anti-Semitic comments.
The high court’s decision requires a trial judge to examine allegations of prejudicial remarks made by one or more jury members and, upon finding said allegations to be true, […]

Just a few years ago you could count on getting the bulk of your money back for almost any home-improvement project you took on. Today merely replacing a toilet seat can feel like throwing caution, and cash, to the wind. According to a study from Remodeling magazine, the average return on value for an […]

Pushed by growing anger among Americans over the slow economic recovery, "jobs" has become the buzzword of the political season.
President Barack Obama mentioned it almost 20 times during his first State of the Union speech. Republican and Democrat leaders vow that job creation will drive their agendas as they push toward the midterm […]

"Life is like a box of chocolates. You never know what you’re gonna get," Forrest Gump said in the classic 1994 film.
The same goes for buying a computer. It’s a box hiding items of varying quality inside.
I recently helped two frustrated HP buyers get replacements and another HP buyer get a repair for computers […]

Honolulu’s lengthy and contentious battle over regulating bed and breakfast lodgings could be nearing an end.
Bill 7, introduced in the Honolulu City Council nearly two years ago, faces a final vote Dec. 16.
The measure would permit up to 1,275 new bed and breakfast homes in residential neighborhoods, ending a 20-year ban on their permitting.
Bill 7 […]

When U.S. retail chains report November sales this week, investors will learn whether they have gone far enough to protect profits against a weak start to the holiday shopping season.
Early data on weekend shopping from U.S. Thanksgiving Day on Thursday through Sunday showed a slight increase in retail sales, pressuring shares from Wal-Mart Stores […]

Broad public support will be required to ensure Canada makes the right moves to expand pension coverage while the shortfall in retirement income is such a hot topic.
The question is whether politicians will hear from many of the potential 3.5 million middle-income workers whom pension expert Keith Ambachtsheer thinks would benefit most from […]

Home buyers in much of the United States paid thousands of dollars below asking prices in September, but had slightly less negotiating power than in August, real estate website Zillow.com said on Wednesday.
According to the September Zillow Real Estate Market Reports, buyers paid 2.9 percent less, or a median of $6,161, below the listing […]