DETROIT (AP) - Banks and finance companies are writing more auto loans to subprime buyers, approaching prerecession levels. Experian Automotive said Tuesday that 42 percent of new and used car loans written in the third quarter went to subprime buyers, up from 40 percent in the same quarter a year ago. That's still slightly below the 43 percent that went to subprime ...
NEW YORK (AP) - Television viewers were once called couch potatoes. Many are becoming more active while watching now, judging by the findings in a new report that illustrates the explosive growth in people who watch TV while connected to social media on smartphones and tablets.
WASHINGTON (AP) - Superstorm Sandy packed a bigger economic punch than most people had thought.
PLEASANTON (AP) - Ross Stores Inc. said Thursday that its revenue at stores open at least a year rose 2 percent in November, missing Wall Street expectations.
NEW YORK (AP) - Optimism that a budget deal will be reached in Washington sent stocks modestly higher Thursday. A pair of economic reports also brightened the mood.
The price of oil was little changed above $92 a barrel Friday as holidays in the U.S. thinned trading and plentiful crude stocks showed the market was well supplied.
Editor's Note: The following are "Black Thursday" stories witnessed and shared by The Associated Press' staff in New York.
NEW YORK (AP) - This holiday shopping season, it's Amazon vs. everyone else.
PROVIDENCE, R.I. (AP) - Shoppers won't be lining up for Thanksgiving Day deals at stores in Rhode Island. They can't.
SAN FRANCISCO (AP) - A Northern California toy company is fighting for its right to parody a popular Beastie Boys song.
ASPEN, Colo. (AP) - The growing popularity of strapping skins on skis and climbing uphill could soon come at a price at some ski areas. The U.S. Forest Service is working on new rules that clarify that ski areas that lease public lands for their operations can charge people for uphill travel.. The directive could affect fitness fanatics that use skis with climbing skins, snowshoes and stabilizers. The directive "encourages" ski area operators to provide ...
PALO ALTO (AP) - Hewlett-Packard posted net income of $1.4 billion for its fiscal fourth-quarter, as cost cuts stemming from its ongoing restructuring more than offset the effects of sluggish computer demand.
WASHINGTON (AP) - The Food and Drug Administration has ordered Google-backed genetic test maker 23andMe to halt sales of its personalized DNA test kits, saying the company has failed to show that the technology is supported by science.
NEW YORK (AP) - TJX Cos. is hoping to stand out with a different twist on customer service. The Framingham, Mass.-based company, is launching its first-ever holiday gift hotline for its TJ Maxx and Marshall stores. The hotline will kick off on Dec. 3 and be live for four days until Dec. 6. A panel of 14 experts, who were selected not only for their fashion expertise but also for being fans of the brand, ...
PLANO, Texas (AP) - J.C. Penney Mike Ullman seems confident the slumping retailer will bounce back during the holiday shopping season. Ullman showed his faith by buying 112,000 shares at $8.95 apiece at the end of last week. The $1 million investment disclosed Monday comes as Ullman tries to snap Penney out of a funk that has seen the Plano, Texas, company lose more than $2.4 billion since late 2011. The financial misery prompted Penny ...
WASHINGTON (AP) - The Food and Drug Administration is lifting severe safety restrictions on the former blockbuster diabetes pill Avandia, citing recent data suggesting that the much-debated medication does not increase the risk of heart attack.