U.S. Consumer Confidence Climbs More Than Estimated to a Three-Year High - Bloomberg

Confidence among U.S. consumers increased in February to the highest level in three years as a drop in unemployment helped overcome concern over rising food […]

Consumer Comfort Increases to Highest Level Since 2008 - Bloomberg

Consumer confidence climbed last week to the highest level since April 2008 as Americans grew less pessimistic about their finances.
The Bloomberg Consumer Comfort […]

Saks makes money in 4Q on full-price sales

Saks Inc. returned to profitability in its fiscal fourth quarter as the department store chain sold more items at full-price and used fewer promotions.
The New […]

Spain’s Repsol suspends oil production in Libya

Spanish oil company Repsol-YPF says it has suspended production in Libya amid deadly protests against the regime of Moammar Gadhafi.
Repsol spokesman Kristian Rix says the […]

Spain’s Tougher Rules on Capital to Provide Boon for IPO Bankers, Lawyers - Bloomberg

Spain’s decision to force lenders to meet stricter capital rules or risk state ownership will provide a boon to bankers and lawyers helping them […]

Warner Bros. suing Roberts Broadcasting over syndication payments

St. Louis-based Roberts Broadcasting Corp. is being sued by Warner Bros. over failure to pay for broadcasting syndicated TV programs.
In the breach of contract lawsuit […]

Bank of America subpoenaed over Countrywide loans

Bank of America was subpoenaed Wednesday over a loan program that may have given influential people sweetheart deals on their mortgages.
The subpoena was issued […]

U.S. Homebuilder Confidence Stagnates in February on Slow Sales - Bloomberg

Confidence among U.S. homebuilders stagnated in February, reflecting a still-depressed housing market.
The National Association of Home Builders/Wells Fargo sentiment index registered a reading of […]

CEBR Cuts U.K. House Price Forecast, Says Values to Fall in 2011 - Bloomberg

The outlook for the U.K. housing market has become more gloomy in recent months, according to the Centre for Economics and Business Research, which revised […]

Review: Apps can enhance smart phone cameras

Frankly, I can’t remember the last time I picked up my digital camera. Since a smart phone is always on me, either in my bag […]