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The U.S. Department of Housing and Urban Development will award nearly $8 million in grants for Bexar and El Paso counties.
The grants are part of HUD’s Continuum of Care program designed to keep local homeless programs operating and prevent interruption of care. Continuum of Care programs provide permanent and transitional housing to the homeless.
The grants […]

A fitful economic recovery is drawing strength from a stabilizing job market and signs that manufacturing will contribute to the rebound.
The latest sign was a government report Thursday that the number of newly laid-off workers filing claims for unemployment benefits fell more than expected last week. And the four-week average for claims, […]

Retailers are counting on time-crunched shoppers to swarm stores on "Super Saturday," but a heavy winter storm threatened to strand them at home on the final weekend before Christmas.
A snowstorm blanketed the U.S. East Coast early on Saturday, with storm warnings in effect from North Carolina in the south to southern New England. […]

The Bank of England said lenders should use improved funding conditions to buffer themselves against further shocks and brace for 1 trillion pounds ($1.6 trillion) in liabilities maturing in the next five years.
“Banks remain exposed to any future deterioration in macroeconomic and market conditions, which could substantially raise the cost of funding and […]

EVERETT, Wash.–Boeing’s new 787 jetliner finally got airborne Tuesday, the long-delayed inaugural flight of the world’s first commercial plane constructed with half its components made from lightweight composite materials.
The sleek jet, nicknamed the Dreamliner, lifted off from Everett’s Paine Field on a flight over Washington state, beginning an extensive testing program needed to […]

Bank of America, one of the top five banks in the Raleigh-Durham market, doesn’t have its man after all. Robert Kelly, the CEO at Bank of New York Mellon, has told his employees he intends to stay put. In a company-wide memo, Kelly told his staff that he was approached by another bank, but decided […]

Japanese Finance Minister Hirohisa Fujii said the government must cap bond sales at 44 trillion yen ($495 billion) next year, in contrast with Prime Minister Yukio Hatoyama, who indicated he is prepared to abandon the pledge.
“Such a figure doesn’t need to be seen as a big problem for the Cabinet,” Fujii said at […]

Confidence among U.S. consumers increased in December for the first time in three months as the pace of job cuts slowed, easing concern spending will falter.
The Reuters/University of Michigan preliminary index of consumer sentiment rose to 73.4, higher than forecast, from 67.4 in November, according to data released today. The December figure exceeds […]

Japan may ban manufacturers from hiring temporary workers, Health and Labor Minister Akira Nagatsuma said, as Prime Minister Yukio Hatoyama seeks to fulfill a campaign pledge to shift more employment to full time.
The government is preparing legislation “that will stop manufacturing firms from employing temps and encourage them to hire full-timers,” Nagatsuma said […]

Bayer CropScience LP must pay about $2 million for losses sustained by two Missouri farmers when an experimental variety of rice the company was testing cross-bred with their crops, a federal jury ruled.
Friday’s verdict in St. Louis came in the first trial in what is intended to be a series of test […]