KVAL - News - Business

Turbo-traders take Bank of America for a ride

Fri, 10 Feb 2012 15:59:46 GMT

On a normal day, 4 billion shares of stock change hands on the New York Stock Exchange. One in 10 belongs to a single company. It's not McDonald's or IBM, both of which have been on a tear.

Donald Trump blasts plans for Scottish wind farm

Fri, 10 Feb 2012 15:57:01 GMT

Donald Trump has launched a blistering attack on Scotland's First Minister Alex Salmond over plans to build a wind farm off the coast of his luxury Scottish golf resort.

Company challenges Kodak move to dump theater deal

Fri, 10 Feb 2012 15:55:36 GMT

The owner of Hollywood's Kodak Theatre is challenging bankrupt Eastman Kodak Co.'s effort to end its sponsorship agreement and have the company's name removed from the Academy Awards venue.

Trade deficit widens to $48.8 billion in December

Fri, 10 Feb 2012 15:46:51 GMT

The Commerce Department said Friday that the overall trade deficit widened to $48.8 billion in December because imports grew at a faster pace than exports. It was the largest imbalance since June.

Japan seeks waiver from U.S. penalties on Iran

Fri, 10 Feb 2012 15:39:41 GMT

Prime Minister Yoshihiko Noda says Japan is trying to negotiate a waiver from U.S. penalties on companies doing business with Iran. He says Tokyo is seeking other suppliers to offset a reduction of Iranian oil imports.

'What's funny to one person may not be to another person'

Fri, 10 Feb 2012 15:44:48 GMT

The ad only aired half a continent away on radio in Kansas City, but the message resonated in Eugene with pit bull owners who say the breed gets a bad name.

Buy a beer at a food cart? Portland asks state to craft rules

Thu, 09 Feb 2012 16:47:48 GMT

The City Council voted 4 to 1 Wednesday to ask the Oregon Liquor Control Commission to create rules for how food carts handle selling beer or wine.

Democrats propose 6-week cut in jobless benefits

Thu, 09 Feb 2012 19:26:38 GMT

Congressional Democrats are urging a modest six-week cut in the number of weeks that unemployed workers can receive jobless benefits as House-Senate talks on a payroll tax cut slowly inch along.

Ford CFO Booth to retire, CEO Mulally staying put

Thu, 09 Feb 2012 16:45:03 GMT

Two top Ford executives who helped lead Ford's comeback from financial disaster are retiring, but CEO Alan Mulally says he has no plans to leave.

Kodak to stop making cameras, digital frames

Thu, 09 Feb 2012 23:21:15 GMT

Eastman Kodak Co. said Thursday that it will stop making digital cameras, pocket video cameras and digital picture frames, marking the end of an era for the company that brought photography to the masses more than a century ago.