US retailing fears weigh on world markets
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AP
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5 minutes ago European and U.S. stock markets fell Monday amid concerns about the start of the Christmas shopping season in the U.S. and despite relief over the pledge from the United Arab Emirates' central bank to back lenders exposed to Dubai's debt problems.
DreamWorks shares up as buyout speculation fades
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AP
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5 minutes ago An analyst upgraded DreamWorks Animation SKG Inc. on Monday, saying the stock has come down to more "reasonable" levels after speculation of a possible buyout has faded.
KAR Auction Services sets terms of public offering
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AP
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8 minutes ago KAR Auction Services Inc. said Monday it expects to raise about $340.9 million in an initial public offering. The used vehicle auction company said in a regulatory filing that it will sell 23 million shares of common stock at a price between $15 and $17 per share.
Gov't increases pressure on mortgage industry
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AP
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12 minutes ago The Obama administration will crack down on mortgage companies that are failing to do enough to help borrowers at risk of foreclosure, as part of a broad effort to boost participation in its mortgage assistance program.
Analyst cuts Supervalu to 'Underweight'
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AP
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13 minutes ago Shares of Supervalu Inc. declined Monday after an analyst downgraded the stock and forecast trouble as the grocer turns around its business.
GM could cut 354 jobs at Luton, England plant
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AP
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14 minutes ago General Motors Co. said it could cut about 354 jobs at its Vauxhall plant in Luton, England, as it restructures its European operations, which also include Opel.
eBay fined in France for selling upscale perfumes
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AP
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15 minutes ago Online auction site eBay Inc. was fined euro1.7 million by a Paris court on Monday for failing to stop the sale of famous perfume brands like Christian Dior, Guerlain, Givenchy and Kenzo -- all of which are owned by luxury group LVMH.
Coal protesters tie selves to NC generator in SC
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AP
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15 minutes ago Protesters against coal power attached themselves Monday to a nearly 1 million pound generator part bound for North Carolina for more than an hour before deputies were able to remove them.
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