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Borders 4th Quarter Profit Drops 54 Percent

Posted: 03/31/2009 - Borders Group Inc. says its profit dropped 54 percent in the fourth quarter because of a significant impairment charge and dismal sales during the holiday season.

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Sebelius Corrects Tax Returns

Posted: 03/31/2009 - Health and Human Services nominee Kathleen Sebelius has corrected three years worth of tax returns after finding "unintentional errors."

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Global Box Office Up 5.6 Percent To $28.1 Billion

Posted: 03/31/2009 - The head of the Motion Picture Association of America says the movie industry shouldn't apologize or be ashamed of its success in a down economy as moviegoers pushed global box office revenues to a record $28.1 billion in 2008.

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US Home Price Drops Set Records In January

Posted: 03/31/2009 - Home prices sank by the sharpest annual rate on record in January, but data released today show there were a handful of metro areas -- including Denver -- where price drops weren't as drastic.

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Bad Economy Challenges Churches But Provides Opportunities

Posted: 03/30/2009 - Protestant churchgoers in America remain generous during difficult economic times, and their churches have increased their ministry to the needy. Despite the country being in an official recession for the past year, giving in 2008 was up an average of 4 percent over 2007 according to a survey of 1,000 Protestant pastors by LifeWay Research.

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Asian Markets Drop

Posted: 03/30/2009 - Asian stocks tumbled today on downbeat comments from major U.S. banks and mounting woes at American auto giants.

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Netflix Ups Fees For Blu-ray Amid Rising Demand

Posted: 03/30/2009 - Netflix Inc. is raising its prices for rentals of Blu-ray discs. The change will triple or quadruple the high-definition surcharge on Netflix's most popular subscription plans.

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Frozen Credit Lines Are Slowly Thawing Out

Updated: 03/24/2009 - We've been hearing the words, frozen credit, a lot lately, but according to the Colorado Bankers Association those credit lines have thawed out considerably over the last several months.

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Chicago Tribune, LA Times Combine Internationally

Posted: 03/24/2009 - The Chicago Tribune and Los Angeles Times are combining their international reporting operations as their corporate parent tries to save money while reorganizing in bankruptcy court.

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Senate Democrats To Scrap Obama's $400 Tax Credit

Updated: 03/24/2009 - The Senate's top Democratic on budget issues is scrapping Barack Obama's signature tax $400 tax credit for most workers as he seeks to cut the deficit to sustainable levels.

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