Medicine Shoppe headquarters staff reduced by half

The number of workers at Medicine Shoppe’s Earth City headquarters will be slashed in half beginning August 7 due to a change in the […]

ACE may put cash in airline

Air Canada parent ACE Aviation Holdings Inc. could inject as much as $200 million into the country’s largest airline to help it avert a cash […]

Financial stocks may be a good buy

The U.S. financial system isn’t out of the woods yet.
The recent collapse of troubled Florida thrift BankUnited FSB, for example, is expected to […]

More cuts at GM plant in Wentzville

On the heels of 150 layoffs in January, General Motors Corp.’s Wentzville plant will suffer another hit in the coming months — and this […]

G-20 deserves better protesters

A great age of protest should be dawning. The global mismanagement of the financial system has led to a deep recession. Intellectual paralysis has […]

CalPERS, CalSTRS push for shift in Brocade board

The Sacramento area’s two massive pension funds have joined forced to press San Jose-based Brocade Communications Systems Inc. to open up its board of directors […]

Study: Customers embrace online banking

Almost half of those who use the Internet do their banking online, a 23 percent increase from early 2007, according to a report by HSBC […]

Off Target

NEW YORK–Target Corp., the second-largest discount chain, said profit fell 41 per cent after it cut prices over the holidays and set aside more […]

Investors complete Puget Energy acquisition

An investor group led by Australian bank Macquarie Group completed its $7.4 billion acquisition of Puget Energy Friday.
Puget Energy Inc. (NYSE: PSD) is the holding […]

Obama closing in on stimulus plan

President-elect Barack Obama’s economic team and congressional staffers are close to finalizing a massive recovery proposal but are still hammering out details, Vice President-elect […]