World markets surge as America votes

Business | 2:55AM, November 5
World markets surged Tuesday as the uncertainty about who will be the next U.S. president neared an end and a leading U.S. investment bank told its clients in Europe to buy stocks after the savaging they have taken in the last few weeks. Read more
 

Frivolous spending revealed for all

Business | 12:00AM, November 5
NEW YORK – Do you have a confession to make about a purchase you shouldn’t have made? Read more
 

FCC to probe pricing policies of cable, Verizon

Business | 12:00AM, November 5
PHILADELPHIA – The Federal Communications Commission has opened an investigation into the pricing policies of major cable operators and Verizon Communications Inc. Read more
 

Gannett CEO takes a 17% cut in salary

Business | By The Washington Post | 12:00AM, November 5
Craig A. Dubow, chief executive of the media giant Gannett Co., is taking a 17% salary cut as the company struggles with declines in advertising and circulation that prompted staff cuts this summer. Read more
 

FCC OKs Verizon-Alltel, Sprint-Clearwire deals

Business | 12:00AM, November 5
ACQUISITIONS FCC OKs Verizon-Alltel, Sprint-Clearwire deals The Federal Communications Commission, kicking off a new round of telephone-industry consolidation, approved Verizon Wireless’s $28.1-billion purchase of Alltel Corp. Read more
 

CB Richard Ellis cuts ties

Business | By Roger Vincent | 12:00AM, November 5
In a sign that financial markets remain stagnant, the struggling investment subsidiary of real estate brokerage giant CB Richard Ellis Inc. Read more
 

More foreclosure fallout

Business | By Tiffany Hsu | 12:00AM, November 5
After falling behind on their house payments, Eleuteria and Arthur Washington of Redlands responded to a flier they got in the mail promising to help them renegotiate their mortgage. Read more
 

In tough times, layaway plans make a comeback

Business | By Andrea Chang | 12:00AM, November 5
Qiana Zimmerle got an early start on her Christmas shopping last week, heading to a Kmart in Burbank where she loaded up a cart with toys, clothes and a High School Musical game. Read more
 

Health Net shifts management after weak earnings report

Business | By Lisa Girion | 12:00AM, November 5
Woodland Hills-based insurer Health Net Inc. Read more
 

FCC opens airwaves to broadband

Business | By Jim Puzzanghera | 12:00AM, November 5
Federal regulators on Tuesday approved the largest ever expansion of wireless Internet access, unanimously backing a controversial plan to allow a new generation of devices to use the empty airwaves between television channels to go online. Read more
 
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