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Drugstore operator Walgreen Co. said Thursday it will cut 1,000 jobs by midyear, or about 9 percent of corporate management, through a combination of voluntary buyouts and layoffs. ...more
January 9, 2009
Oil production has begun falling at all of the major Western oil companies, and they are finding it harder than ever to find new prospects even though they are awash in profits and eager to expand. ...more
August 31, 2008
Alabama's largest county appears headed for the biggest municipal bankruptcy in U.S. history, a $3.2 billion mess created by the nation's credit crunch and a colossal, corruption-riddled sewer project. ...more
August 16, 2008
People taking out home mortgages may gain new protections soon against shady lending practices as the Federal Reserve seeks to back even the riskiest borrowers, already hit hardest by the housing and credit crunches. ...more
December 16, 2007
Former President Clinton has emerged as a clear asset in his wife's campaign for the White House, with Americans offering high ratings to his eight years in office and a solid majority saying they would be comfortable with him as first spouse, according to a new Washington Post-ABC News poll. ...more
October 4, 2007
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