D.R. Horton sees 26 perecent spike in 4Q orders
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AP
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Fri 5:20 pm ET
Homebuilder D.R. Horton Inc., saw new home orders spike 26 percent from a year ago in the latest quarter as buyers raced to close deals and take advantage of a federal tax credit. But a wider-than-anticipated loss fueled by write-downs sent shares tumbling more than 15 percent Friday.
Stocks fall for 3rd day as dollar strengthens
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AP
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Fri 6:19 pm ET
Investors can't shake their fears that the economy isn't keeping up with the stock market. Stocks fell for a third straight day Friday as a disappointing outlook from computer maker Dell Inc. suggested that an economic recovery could be uneven.
Oprah's departure presents problem for TV stations
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AP
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1 hour, 15 minutes ago
For more than two decades, Oprah Winfrey has been the inspirational, change-your-life champion who reigned over daytime television much like Johnny Carson once ruled late night.
Texas high court agrees to rehear Exxon case
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AP
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12 minutes ago
The Texas Supreme Court on Friday said it will again hear arguments in the nearly 15-year legal battle over accusations that Exxon Mobil Corp. loaded abandoned wells with junk, sludge and even explosives to keep other companies from drilling there.
Ex-Vivendi CEO: I made mistakes but never misled
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AP
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1 hour, 44 minutes ago
Former Vivendi CEO Jean-Marie Messier told a jury Friday he made mistakes in his troubled bid to turn the French water company into a global media giant, but he never misled shareholders about the risks.
Americans save more but earn less as rates fall
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AP
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Fri 6:04 pm ET
The U.S. is finally becoming a nation of savers. Now if only we could get something for our money. Interest rates are sinking to near zero for the first time since last year's financial meltdown, dampening spending as Americans earn less on their bank deposits and investment accounts.
Small Florida bank shuttered, 124th this year
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AP
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Fri 6:13 pm ET
Florida banking regulators on Friday shut down Commerce Bank of Southwest Florida, marking the 124th U.S. bank to succumb this year to the struggling economy and rising loan defaults.
J.M. Smucker 2nd-quarter profit soars on coffee
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AP
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Fri 5:37 pm ET
J.M. Smucker Co. nearly tripled its profit in the second quarter as the addition of Folgers coffee gave a jolt to its lineup and lower commodity prices for coffee beans and other items fattened its profit margins.
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