Apple to open store in RIM

The smartphone turf war between Research in Motion and Apple Inc. will hit home for the BlackBerry maker on Saturday when the California-based technology giant opens its first retail store in RIM

Greek stock market tumbles

Shares on the Athens Stock Exchange are plunging, with the general price index down 4.8 percent at levels not seen since the mid 1990s.
The general index stood at 1,011.70 as global stock markets continued their recent slide following Friday’s downgrade of U.S. debt by Standard & Poor’s.
Debt-ridden Greece became the first European Union country to […]

Tea party debt plan takes center stage

The next step in the weeks-long saga over how to increase the government’s borrowing cap is to let House tea party forces try it their way.
A Republican “cut, cap and balance” plan set for a House vote Tuesday would condition a $2.4 trillion increase in the so-called debt limit on an immediate $100 billion-plus cut […]

Minn. gov., GOP leaders have deal to end shutdown

Minnesota’s Democratic Gov. Mark Dayton and Republican legislators struck a deal Thursday to end a budget impasse that led to the longest state government shutdown in recent history.
The deal came after a three-hour negotiating session that followed major concessions by Dayton. If details are worked out and approved by state legislators, it would end a […]

Hope for debt resolution? U.S. leaders discuss fallback plan as crisis talks continue

WASHINGTON

State says US Fidelis founder owes $1.7 million in unpaid taxes, fees

US Fidelis founder Darain Atkinson owes about $1.7 million in state personal income tax, fees and interest, according to a tax lien filed by the Missouri Department of Revenue this month.
Atkinson and his younger brother, Cory, are accused in an indictment unsealed last month of consumer fraud, stealing and illegally selling insurance. Because Darain Atkinson […]

Roseman: Why did I sell my grandmother

My grandmother gave me a single Bell Canada share for my birthday each year and as graduation gifts.
I knew they were worth about $50 apiece, an impressive number to a child, and I figured the telephone company was a solid investment. So, why did I cash in my 25 Bell shares before I turned 25? […]

Home Prices in 20 U.S. Cities Fall to 8-Year Low - Bloomberg

Home prices in 20 U.S. cities dropped in March to the lowest level since 2003, showing housing remains mired in a slump almost two years into the economic recovery.
The S&P/Case-Shiller index of property values in 20 cities fell 3.6 percent from March 2010, the biggest year-over-year decline since November 2009, the group said today […]

Trade Deficit in U.S. Widened in March on Oil Imports - Bloomberg

The U.S. trade deficit widened more than forecast in March as the highest oil prices in more than two years boosted imports, eclipsing record exports.
The trade gap rose 6 percent to $48.2 billion, the biggest since June, from $45.4 billion in February, the Commerce Department reported today in Washington. The median forecast of 72 […]

U.S. Consumer Credit Rose $6 Billion in March, Fed Says - Bloomberg

U.S. consumer borrowing rose for a sixth straight month in March, led by a gain in non-revolving credit, which includes auto loans, and a pickup in credit-card use.
The $6 billion increase followed a $7.6 billion rise in February, the Federal Reserve said today in Washington. Economists projected a $5 billion gain in the measure […]