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Circuit City Stores Inc. said Monday it is pulling the plug on about 20 percent of its U.S. stores in an effort to return the nation's No. 2 consumer electronics retailer to profitabilit ...more
November 3, 2008
Booming sales of the newest iPhone led Apple to a stellar fiscal fourth-quarter report, defying predictions that the tumultuous U.S. economy would hold the company back. Despite the blockbuster performance, which sent Apple's shares soaring in after-hours trading, the company issued what it called "prudent" predictions for the current quarter, because of broader economic uncertainty. ...more
October 22, 2008
With a timely endorsement from Federal Reserve Chairman Ben Bernanke, there's new life to the idea of Congress returning to Washington next month to pass a second round of measures aimed at injecting life into the economy. ...more
October 21, 2008
Momentum is building for a fresh dose of economic stimulants to boost the country out of the doldrums - perhaps by putting more money in Americans' pockets. The White House said Monday that President Bush was open to some sort of action after Federal Reserve Chairman Ben Bernanke warned the slump could drag on without the extra bracing tonic. ...more
October 21, 2008
The confusion over state tax law that threatened to bottleneck home sales throughout the state has been resolved. ...more
September 24, 2008
TAMPA Lear Corp., a major U.S. auto parts maker, will shut its Tampa manufacturing plant by September 2009, a move that will eliminate 325 jobs. ...more
September 10, 2008
Gold, which scorched into the record books this year, has suddenly gone cold. ...more
August 16, 2008
Macy's Inc. saw its second-quarter earnings drop slightly and warned on Wednesday that full-year profits will be below Wall Street expectations as shoppers are more cautious about spending. ...more
August 14, 2008
Income in the Tampa Bay area grew more slowly in 2007 than for the nation as a whole, according to new numbers from Washington. ...more
August 8, 2008
With layoffs looming, Progress Energy Florida said today electricity consumption and sales have fallen well below expectations, a byproduct of Florida's distressed housing market. ...more
August 7, 2008
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