Top Stories

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Jury Selected for Enron Trial
A jury of Houston-area residents was selected Monday for the trial of former Enron Corp. chiefs Kenneth Lay and Jeffrey Skilling, accused of orchestrating the massive fraud that came to symbolize an era of corporate scandals.
Jan 30 2006 10:12PM    AP

High Oil Prices Help Boost Exxon Profits
Exxon Mobil Corp. posted record profits for any U.S. company on Monday -- $10.71 billion for the fourth quarter and $36.13 billion for the year -- as the world's biggest publicly traded oil company benefited from high oil and natural-gas prices and solid demand for refined products.
Jan 30 2006 10:01PM    AP

Dow Closes Down 7, Nasdaq Finishes Up 3
Stocks finished a lackluster session narrowly mixed Monday as investors made few moves ahead of the Federal Reserve's decision on interest rates. Record earnings from Exxon Mobil Corp. and evidence of strong consumer spending gave the market little momentum.
Jan 23 2006 7:50AM    AP

Kraft Foods to Eliminate 8,000 Jobs
Kraft Foods Inc., the nation's largest food manufacturer, said Monday it would eliminate 8,000 more jobs, or about 8 percent of its work force, and close up to 20 production plants as it broadens an ongoing restructuring effort.
Jan 30 2006 10:09PM    AP

Kodak Posts 5th Straight Quarterly Loss
For the first time, Eastman Kodak Co. is generating more annual sales from digital imaging than from film-based photography, yet its mammoth overhaul brought more pain Monday -- a fifth consecutive quarterly loss, largely due to restructuring costs.
Jan 23 2006 5:04AM    AP

Oil Prices Fall, Hover Above $68 a Barrel
Crude oil prices retreated Tuesday after making a 3.2 percent gain over the previous two sessions and ahead of an OPEC meeting at which the cartel is expected to keep output steady.
Jan 30 2006 10:36PM    AP

Nasdaq 4Q Profit Up to $16.1M, Meets Views
Profits at the Nasdaq Stock Market Inc. climbed ten-fold for the fourth quarter, on par with Wall Street's expectations.
Jan 23 2006 6:22AM    AP

Fed Transition Concerns Wall Street
Wall Street loves incoming Federal Reserve Chairman Ben Bernanke. It makes you wonder how investors would react to someone they hate.
Jan 23 2006 2:40AM    AP

Retiring Wachovia Exec May Get $100M
Wallace D. Malone Jr.'s 15 months as a Wachovia Corp. vice chairman are paying off. Upon his retirement Tuesday, he may receive more than $100 million in cash, stock and other benefits.
Jan 30 2006 8:54PM    AP

Americans' Savings Rate Declines in 2005
Americans are spending everything they're making and more, pushing the national savings rate to the lowest point since the Great Depression.
Jan 23 2006 7:59AM    AP