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Price Club founder Sol Price dies at 93 in Calif.
SAN DIEGO — Sol Price, the founder of Price Club who helped pioneer the warehouse superstore sales model that grew into a multibillion-dollar industry, died Monday. He was 93.Price died at…
Novell condenses 4 business units into 2
WALTHAM, Mass. — Novell Inc. said Monday that it will condense its four business units into two in an effort to streamline operations. The company, which sells computer-networking software and technology…
Wells Fargo lending units to combine
SAN FRANCISCO — Wells Fargo & Co. said Monday it will combine its various lending operations into one unit, including business it acquired through its purchase of Wachovia Corp. late last…
Saks board gets rid of poison pill, changes bylaws
NEW YORK — Luxury retailer Saks Inc. said Monday its board moved up the expiration of a "poison pill" to Dec. 14, getting rid of a defensive measure it took last…
Oregon jobless rate nearly unchanged for November
PORTLAND, Ore. — Oregon's unemployment rate barely budged in November as the state headed for the end of 2009 with hopes for a recovery but some job losses in key industries.The…
Virginia panel to continue work on lending law
RICHMOND, Va. — A Virginia legislative panel will continue its work in hopes of reaching a compromise on how to regulate car title lenders before the General Assembly returns Jan. 13.The…
Fitch raises Citi ratings on bailout repayment
NEW YORK — Fitch Ratings upgraded several ratings on Citigroup Inc. on Monday following the bank's announcement that it will begin repaying bailout money to the federal government.Earlier Monday, Citi said…
Key events at Citi leading up to repaying funds
Here are highlights of recent changes at Citigroup Inc. leading up to the bank's announcement Monday that it will repay $20 billion in rescue funds:_ Oct. 14, 2008: Citigroup is one…
Team Health prepares IPO, may face wary investors
Hospital staffing and administrative support company Team Health Holdings is set to complete its initial public offering this week, but it faces an investment community that's winding down for the year…
AP Top News at 4:58 pm EST
WASHINGTON — President Barack Obama challenged top bankers Monday to explore "every responsible way" to increase lending, saying they were obliged to help after being rescued by taxpayers. He asked them…
Fitch affirms Tyco's debt ratings
CHICAGO — Fitch Ratings on Monday affirmed the long-term and short-term investment-grade credit ratings of diversified manufacturer Tyco International Ltd. and its subsidiary.The ratings agency affirms Tyco's IDR at BBB+; its…
Colo. court: immigrants tax records are private
DENVER — The Colorado Supreme Court ruled Monday that authorities violated the constitutional and privacy rights of suspected illegal immigrants when they used tax returns to try and build hundreds of…