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Anadarko Petroleum Corp. was the latest company affected by the Gulf oil spill to see its ratings lowered by Moody’s Investors Service.
Some $13 billion in Anadarko rated debt securities were the subject of Moody’s decision to lower its rating from stable to negative.
In a statement, Moody’s said the decision reflects the considerable uncertainty associated with […]

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It’s that time of year again: The weather is getting warmer, Apple’s annual Worldwide Developers Conference is just around the corner, and rumors about the iPhone coming to Verizon are sprouting up.
Don’t believe it, Verizon fans. It’s unlikely that Steve Jobs will announce a Verizon tie-up when he gets on stage at the WWDC […]

As with fast payday loans, this recently used to be the case, but competitive lenders and higher demand has taken this loan type to mainstay levels.

Gadget lovers are waiting with bated breath for the much-anticipated unveiling of the Apple tablet, but don’t expect it to take the world by storm the way the iPod and iPhone did.
"There will be a strong interest in it, but it won’t be the wave of the future," said James Brehm, analyst at Frost […]

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. […]

Time Warner Cable is shifting its charitable focus to kids and technology.
The company this week launched Connect a Million Minds (CAMM), a new education and awareness initiative designed to help address the country’s continuing decline in the areas of science, technology, engineering and math (STEM).
Aimed at inspiring a new generation of problem solvers, the company […]

After weeks of partisan debate, the Senate voted on Wednesday to lengthen unemployment benefits by up to 20 weeks and to extend the $8,000 homebuyer tax credit.
The closely watched legislation would extend jobless benefits in all states by 14 weeks. Those that live in states with unemployment greater than 8.5% would receive an additional […]

Employers cut more jobs from their payrolls in September and the unemployment rate hit another 26-year high, as the long-battered U.S. labor market took an unexpected turn for the worse, according to a government report Friday.
The Labor Department said there was a net loss of 263,000 jobs in the month, up from a revised […]

The cost of entry onto crowded Manhattan island, one of the most expensive real estate markets in the nation, may have gotten a little steeper in the past three months. Or not.
Reports released Friday by four of the city’s biggest real estate agencies showed very different results. By one calculation, the median price […]

OTTAWA–It’s too early to be talking about economic recovery from the global recession, a cautious Finance Minister Jim Flaherty said after a meeting of finance ministers from the Group of 20.
Speaking from London, Flaherty said yesterday the ministers agreed the world economy is stabilizing but "no clear recovery is evident."
It’s prudent to remain […]

If banks ever had a capital problem, it certainly isn’t showing.
Large and small lenders alike have successfully raised billions of dollars in recent months, thanks in large part to a renewed appetite in the banking industry by investors. And some experts anticipate it won’t slow down anytime soon.
Secondary offerings of stock, for example, have […]