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AP Business News
11/21/2009 15:01:15
|  Dems have 60 for health care; Lincoln a 'yes'
WASHINGTON (AP) - Democrats have hit the magic number of 60 to move ahead on historic health care legislation. Arkansas Sen. Blanche Lincoln said on the Senate floor that she will vote with her party, hours before the 8 p.m. EST roll call. More » |  D.R. Horton sees 26 perecent spike in 4Q orders
Homebuilder D.R. Horton Inc., saw new home orders spike 26 percent from a year ago in the latest quarter as buyers raced to close deals and take advantage of a federal tax credit. But a wider-than-anticipated loss fueled by write-downs sent shares tumbling more than 15 percent Friday. The surge in orders came as many first-time homebuyers sought to qualify for an $8,000 tax credit that was set to expire at the end of this month before Congress extended it into next year. More » |  More Americans expected to travel for Thanksgiving
WASHINGTON (AP) - The number of Americans traveling away from home for Thanksgiving will be up only slightly this year from 2008, according to a report from the AAA auto club. The group, which surveyed 1,350 households, said there will be about 33.2 million people traveling by car this year - a 2.1 percent increase from last year. More » | Texas high court agrees to rehear Exxon case
DALLAS (AP) - The Texas Supreme Court on Friday said it will again hear arguments in the nearly 15-year legal battle over accusations that Exxon Mobil Corp. loaded abandoned wells with junk, sludge and even explosives to keep other companies from drilling there. A small drilling company that tried to enter the wells near Corpus Christi, and the land owners, accused the world's largest publicly traded oil company of intentionally wrecking the wells. More » |  Americans save more but earn less as rates fall
NEW YORK (AP) - The U.S. is finally becoming a nation of savers. Now if only we could get something for our money. Interest rates are sinking to near zero for the first time since last year's financial meltdown, dampening spending as Americans earn less on their bank deposits and investment accounts. More » |
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