Health club company Bally Total Fitness and certain affiliates have filed for Chapter 11 bankruptcy protection, the company said Wednesday.Source : The Portland Business Journal (subscribe)Explore : Business
Steve & Barry?s to liquidate (The Houston Business Journal)
Steve & Barry's stores will liquidate by early 2009 after its new owners said they would not be able to find financing, Reuters is reporting.Source : The Houston Business Journal (subscribe)Explore : Business
Two Freeport plants among BASF temporary closures (The Houston Business Journal)
Chemical company BASF SE plans to temporarily close 80 plants worldwide because of slow demand, according to news reports. The move will affect two of the company?s 14 plants at its Freeport site.Source : The Houston Business Journal (subscribe)Explore : Business
Fed: Recession to last into mid-2009 (The Dayton Business Journal)
The Federal Reserve Bank expects the U.S. economy to be in recession until at least mid-2009 as credit and lending troubles bite into business spending and prompt layoffs.Source : The Dayton Business Journal (subscribe)Explore : Business
Fed: Recession to last into mid-2009 (The Baltimore Business Journal)
The Federal Reserve Bank expects the U.S. economy to be in recession until at least mid-2009 as credit and lending troubles bite into business spending and prompt layoffs.Source : The Baltimore Business Journal (subscribe)Explore : Business
AAA: Thanksgiving travel to decline (The Dayton Business Journal)
Economic woes are causing individuals to cut their travel plans for the Thanksgiving holiday.Source : The Dayton Business Journal (subscribe)Explore : Business
AutoNation's Jackson pushes for Detroit bailout (The South Florida Business Journal )
AutoNation CEO Mike Jackson says Washington?s transition period may be an obstacle to solving the domestic auto industry crisis.Source : The South Florida Business Journal (subscribe)Explore : Business
NRF: Consumers to spend less on holiday gift cards (The Triangle Business Journal )
Gift card purchases are predicted to suffer this holiday season as consumers continue to monitor the current economy and their wallets.Source : The Triangle Business Journal (subscribe)Explore : Business
Economist survey: Recession is on, slow growth ahead (The Baltimore Business Journal)
Nearly all economists surveyed recently by a national trade organization say the U.S. economy is in a recession and their expectations for economic growth next year are meager at best.Source : The Baltimore Business Journal (subscribe)Explore : Business
Economist survey: Recession is on, slow growth ahead (The Tampa Bay Business Journal )
Nearly all economists surveyed recently by a national trade organization say the U.S. economy is in a recession and their expectations for economic growth next year are meager at best.Source : The Tampa Bay Business Journal (subscribe)Explore : Business
Tampa Bay Lightning fire Barry Melrose (The Tampa Bay Business Journal )
The tenure of Barry Melrose lasted just 16 games with the Tampa Bay Lightning.Source : The Tampa Bay Business Journal (subscribe)Explore : Business
UBS exec indicted by Fort Lauderdale federal grand jury (The South Florida Business Journal )
Raoul Weil, chairman and CEO of UBS? global wealth management and business banking division and a member of the group executive board, was indicted by a federal grand jury in Fort Lauderdale on Wednesday in connection with the U.S. Justice Department?s ongoing investigation of the Swiss banking giant?s U.S. cross-border business.Source : The South Florida Business Journal (subscribe)Explore : Business
Wal-Mart sales up, Target down (The Orlando Business Journal)
Wal-Mart Stores Inc. reported same-store October sales were up 2.4 percent versus October 2007, not including fuel sales. The increase, including fuel, was 2.5 percent. (TGT) (WMT)Source : The Orlando Business Journal (subscribe)Explore : Business
Ill. attorney general: Craiglist moves to clean up erotic ads (The St Louis Business Journal )
Online classified ad service Craigslist reached an agreement with Illinois Attorney General Lisa Madigan, 42 other attorneys general, and the National Center for Missing and Exploited Children to crack down on inappropriate content and illegal activity in its erotic services section.Source : The St Louis Business Journal (subscribe)Explore : Business, Illinois
AP: Obama wins North Carolina (The Business Journal of the Greater Triad Aera)
The Associated Press is reporting that Democrat Barack Obama has beaten Republican John McCain in North Carolina and wins the state's 15 electoral votes. The victory brings Obama's total electoral votes up to 364, compared to 162 for McCain.Source : The Business Journal of the Greater Triad Aera (subscribe)Explore : Barack Obama, Business, North Carolina, Politics, Republican Party
Wal-Mart sales up, Target down (The Business Journal of Phoenix )
Wal-Mart Stores Inc. reported same-store October sales were up 2.4 percent versus October 2007, not including fuel sales. The increase, including fuel, was 2.5 percent. (TGT) (ANF) (WMT)Source : The Business Journal of Phoenix (subscribe)Explore : Business
ADP: Economy lost 157,000 jobs in October (The Memphis Business Journal)
Payroll company Automatic Data Processing Inc. estimates U.S. employers cut 157,000 jobs in October, the largest decrease in private sector employment in six years.Source : The Memphis Business Journal (subscribe)Explore : Business
Delta to charge for first checked bags (The Baltimore Business Journal)
Delta Air Lines Inc. has joined its industry peers by starting fees for checked first bags, but it is also cutting other fees. (DAL)Source : The Baltimore Business Journal (subscribe)Explore : Business
Text of McCain's concession speech (The Baltimore Business Journal)
Here is the text of Sen. John McCain's concession speech delivered Tuesday night in Phoenix:Source : The Baltimore Business Journal (subscribe)Explore : Business
Text of McCain's concession speech (The Denver Business Journal)
Here is the text of Sen. John McCain's concession speech delivered Tuesday night in Phoenix:Source : The Denver Business Journal (subscribe)Explore : Business
Voter turnout heavy at polling places (The Dayton Business Journal)
Voters across Ohio and the Dayton area are coming out in droves to cast ballots in Tuesday?s historic election. More than 80 percent of registered Ohio voters are expected to vote, and local counties are reporting a blistering turnout as of Tuesday morning.Source : The Dayton Business Journal (subscribe)Explore : Business, Ohio
Polls show Obama leading, but McCain gains some ground (The Dallas Business Journal)
Democratic presidential candidate Sen. Barack Obama holds a 7-point lead on his Republican rival Sen. John McCain, according to the latest analysis from CNN on election eve.Source : The Dallas Business Journal (subscribe)Explore : Business
U.S. construction spending drops, but nonresidential gain helps offset decline (The Business Journal of Phoenix )
Construction spending around the country fell in September, but a rebound in nonresidential activity helped offset continued weakness in home building.Source : The Business Journal of Phoenix (subscribe)Explore : Business
Fifth Third assumes failed bank's assets (The Triangle Business Journal )
Fifth Third Bancorp has assumed about $250 million in deposits from a closed Florida bank.Source : The Triangle Business Journal (subscribe)Explore : Business
Fifth Third assumes failed Fla. bank???s assets (The Charlotte Business Journal)
Fifth Third Bank, parent company of the former First Charter Corp. of Charlotte, has assumed $250 million in deposits from a failed bank in Florida. (FITB)Source : The Charlotte Business Journal (subscribe)Explore : Business, Florida
Poll: Obama leads McCain by one point in battleground states (The Business Journal of Phoenix )
A Halloween Day poll shows John McCain trailing Barack Obama by one point in the ?toss-up? states that could decide Tuesday?s presidential election.Source : The Business Journal of Phoenix (subscribe)Explore : Barack Obama, Business, Election 2008, Holiday and Celebrations, Politics
Fla. Chamber poll finds Obama leading (The Tampa Bay Business Journal )
A poll released on Thursday by the Florida Chamber of Commerce shows Democratic presidential candidate Barack Obama and his running mate Joe Biden with a 4 percent lead over Republican John McCain and Sarah Palin. The Obama ticket garnered support from 45 percent of the 601 registered voters surveyed compared to McCain?s 41 percent.Source : The Tampa Bay Business Journal (subscribe)Explore : Barack Obama, Business, Florida, Joseph R. Biden, Politics
Exxon Mobil posts record profit (The Business Journal of Phoenix )
Exxon Mobil Corp. shattered its previous earnings record posting its biggest quarterly profit ever for the third quarter. (XOM)Source : The Business Journal of Phoenix (subscribe)Explore : Business
Justice Department approves Delta-Northwest merger (The Portland Business Journal )
The U.S. Department of Justice approved the merger of Delta Air Lines Inc. and Northwest Airlines Corp. Wednesday, the final regulatory hurdle for the deal to create the world?s biggest airline. (DAL) (NWA)Source : The Portland Business Journal (subscribe)Explore : Business
Area law firm part of $125M Google settlement (The Philadelphia Business Journal)
A Philadelphia-area law firm has reached a $125 million settlement with Google over a lawsuit brought by authors and publishers who claimed their copyrights were infringed by Google?s book-scanning project. (GOOG)Source : The Philadelphia Business Journal (subscribe)Explore : Business, Google, Technology
Northwest-Delta merger gets antitrust approval (The Memphis Business Journal)
The U.S. Department of Justice has approved Delta Air Lines Inc.?s plans to merge with Northwest Airlines Corp. (NWA) (DAL)Source : The Memphis Business Journal (subscribe)Explore : Business
Federal Reserve cuts rates by half percent (The Washington Business Journal )
The Federal Reserve cut its benchmark interest rate by another half percent Wednesday, and indicated further cuts may be necessary, as policy makers try to avert a protracted economic recession.Source : The Washington Business Journal (subscribe)Explore : Business
SPEEA-Boeing contract talks delayed a day (The Portland Business Journal )
Citing Boeing Co.?s tentative agreement with the striking Machinists? union, members of the Society of Professional Engineering Employees in Aerospace (SPEEA) said they?ve delayed the start of their contract talks with Boeing by one day. (BA)Source : The Portland Business Journal (subscribe)Explore : Aerospace and Defense, Business, Engineering, The Boeing Company
White House tells banks to start lending (The Sacramento Business Journal )
The White House press secretary on Tuesday said banks and other financial businesses that have received federal bailout funds need to quit dragging their feet and start making loans, the Associated Press reported.Source : The Sacramento Business Journal (subscribe)Explore : Associated Press, Business
Local home prices fall 2.8% (The Charlotte Business Journal)
Home prices in the Charlotte market fell 2.8 percent in August from the same month last year.Source : The Charlotte Business Journal (subscribe)Explore : Business
Boeing, Machinists? union reach tentative deal (The Puget Sound Business Journal )
The Boeing Co. and the International Association of Machinists and Aerospace Workers reached tentative agreement on a new four-year contract late Monday. (BA)Source : The Puget Sound Business Journal (subscribe)Explore : Business
New home sales up 2.7 percent in September (The Business Journal of Phoenix )
Sales of newly constructed homes rose in September, but the median selling price slipped.Source : The Business Journal of Phoenix (subscribe)Explore : Business
Wall Street finishes Friday off its lows (The Washington Business Journal )
Wall Street?s Friday sell-off was not as bad as some had feared, with the Dow Jones Industrial Average working off a good part of its 500 point morning loss.Source : The Washington Business Journal (subscribe)Explore : Business
Casino will take NBA bets despite ties to Kings (The Sacramento Business Journal )
The NBA Board of Governors has voted to allow the Palms casino in Las Vegas to accept bets on all league games -- except those involving the Sacramento Kings -- even though the Maloof family owns both the Kings and the casino, the NBA said in a news story posted on its Web site.Source : The Sacramento Business Journal (subscribe)Explore : Business
PNC Financial buys National City (The Orlando Business Journal)
PNC Financial Services Group will buy National City Corp. of Cleveland in a deal valued at about $5.6 billion. (PNC) (NCC)Source : The Orlando Business Journal (subscribe)Explore : Business, National City, PNC Financial Services Group
New North Carolina law cuts into foreclosures (The Triangle Business Journal )
A new state law requiring lenders to give homeowners 45 days notice before filing a notice of default drove down foreclosures in North Carolina in September.Source : The Triangle Business Journal (subscribe)Explore : Business, North Carolina
Tennessee ranks 15th in foreclosures (The Memphis Business Journal)
Tennessee had the 15th highest foreclosure rate in the nation in September, according to data released Thursday by RealtyTrac Inc.Source : The Memphis Business Journal (subscribe)Explore : Business
Foreclosure filings decline 26 percent in Dayton region (The Dayton Business Journal)
While the number of foreclosure filings in the third quarter across the country have increased 71 percent from last year, the Dayton area has seen a 26 percent decrease in the number of filings, according to RealtyTrac Inc.Source : The Dayton Business Journal (subscribe)Explore : Business
Amazon exceeds Q3 estimates but future sales guidance causes concern (The Puget Sound Business Journal )
Amazon.com Inc.?s third-quarter earnings slightly exceeded analysts? expectations but the online retailer scaled back its future performance expectations, causing shares to plummet in after-hours trading Wednesday. (AMZN)Source : The Puget Sound Business Journal (subscribe)Explore : Business
Machinists' strike smacks Boeing in Q3; net income falls 38 percent (The Puget Sound Business Journal )
The Machinists? strike against Boeing Co. had a dramatic effect on the aerospace giant?s third-quarter earnings, with net income falling to $695 million, or 96 cents a share, down from $1.1 billion, or $1.44 a share a year earlier. (BA)Source : The Puget Sound Business Journal (subscribe)Explore : Aerospace and Defense, Business, The Boeing Company
McClatchy's Q3 earnings improve, revenue slides (The St Louis Business Journal )
The McClatchy Co. posted a third-quarter profit, but ad revenue continued to decline for the nation?s third-largest newspaper chain. (MNI)Source : The St Louis Business Journal (subscribe)Explore : Business
Federal Reserve to help shore up money market funds (The South Florida Business Journal )
The Federal Reserve Tuesday announced the Money Market Investor Funding Facility, the government?s latest move to prop up the financial markets.Source : The South Florida Business Journal (subscribe)Explore : Business, Government
Social Security benefits to jump $750 in 2009 (The Portland Business Journal )
The average retiree will have about $750 more coming to them next year thanks to a rise in Social Security benefits.Source : The Portland Business Journal (subscribe)Explore : Business
UnitedHealth profit falls on costs (The Business Journal of Milwaukee)
UnitedHealth Group Inc., the parent of UnitedHealthcare of Wisconsin, reported lower profits for third quarter, as the insurer faced higher medical costs and paid millions to settle two class-action lawsuits. But earnings matched analyst projections. (UNH)Source : The Business Journal of Milwaukee (subscribe)Explore : Business
Southwest posts 3Q loss on fuel hedges (The Birmingham Business Journal)
The fuel hedges that have made Southwest Airlines the most financially successful carrier in the past year drove the company to a loss in the third quarter, the company said Thursday. (LUV)Source : The Birmingham Business Journal (subscribe)Explore : Business