Jesus Sanchez

A last minute burst of Christmas shopping helped give a strong boost to holiday spending, with sales of apparel and big-ticket items leading the way, according to a retail report released today. Online retailer Amazon.com also reported its best holiday...

Wall Street rallied today on the reelection of President Bush as investors overlooked a spike in crude oil futures and snapped up stocks of companies that might benefit from another four years of a Republican-controlled government. The Dow Jones...

New federal regulations that will permit banks to process checks in a matter of hours instead of days went into effect today, prompting consumers groups to renew warnings about the increased likelihood of bounced checks and overdraft penalties. Check...

Nike co-founder Philip H. Knight, who began his career at the company by selling track shoes from the back of a station wagon, today resigned as president and chief executive officer of the giant athletic shoemaker. Knight, 66, will remain with the...

Wall Street stock swooned today after Federal Reserve Chairman Alan Greenspan expressed concerns about the chronic and growing U.S. trade deficit and its impact on the value of the U.S. dollar and interest rates. The Dow Jones industrial average lost...

Sprint Corp. and Nextel Communications today agreed to merge in a $35-billion deal, creating the nation's third-largest cellular telephone company. The merger, which had been expected, was announced as the industry's top players pair off in a series of...

Fans headed to the Rose Bowl game were being advised today to take two items: a bus and a raincoat. Most of the Brookside Golf Course, which is turned into a giant 14,000-car parking lot on game day, will be off limits to cars because the ground will...

Time Warner today agreed to pay more than $500 million to settle two government fraud investigations into its America Online operation in a move that resolves a major legal and financial uncertainty which has loomed over the media giant. A resolution...

For most American Airlines' coach passengers, there will no longer be a free lunch-or breakfast or dinner. The nation's largest air carrier today said it will eliminate complimentary food service for coach customers on domestic flights beginning Feb. 1...

Tenet Healthcare today said it will pay $395 million to settle hundreds of patient lawsuits over allegedly unnecessary heart surgeries performed at a former company hospital in Redding, Calif. The tentative agreement would resolve a major legal and...

The nation's major retailers today reported generally upbeat sales results for October, despite rising fuel prices and falling consumer confidence, with high-end department stores and sellers of luxury goods reporting the biggest increases. Signs that...

A man intent on committing suicide left his car on a railroad track in Glendale today where it set off a three-train collision that killed at least 11 people and injured nearly 200, authorities said. Police arrested a man who they said would be charged...