post-gazette.com - Nation/World
National and world news
- Wall Street advances after Abu Dhabi agrees to $7.5 billion investment in Citigroup
NEW YORK -- Wall Street rebounded today after the Abu Dhabi Investment Authority said it would invest $7.5 billion in Citigroup Inc. ... - Staples profit dips 5% as same-store sales decline in 2nd straight quarter
BOSTON -- Staples Inc., the world's largest office products supplier, said today that its third-quarter profit dipped 5 percent on its second straight quarterly decline in sales at stores open at ... - Tribune revenue falls as real estate slump saps classifieds
CHICAGO -- Tribune Co., the nation's second-largest newspaper publisher, said today that its October revenue fell 9.3 percent as classified ad sales continued to suffer from real estate declines. ... - Chavez threatens to seize businesses from antagonistic business leaders
CARACAS, Venezuela -- President Hugo Chavez warned yesterday that he could to strip members of the country's largest business chamber of their assets if they continue to rally Venezuelans against ... - Report: Rising foreclosures will drain economic activity from major metropolitan areas
DETROIT -- Rising foreclosures will lead to billions of dollars in lost economic activity next year in the nation's major metropolitan areas, but homeowners and financial institutions have the ... - Wheeling-Pittsburgh shareholders overwhelmingly approve sale to steel distributor Esmark
CHARLESTON, W.Va. -- Shareholders of Wheeling-Pittsburgh Steel's parent company overwhelmingly approved the steelmaker's takeover by steel distributor Esmark Inc., a company official said today. ... - Consumers confidence drops to lowest in 2 years amid higher gas, slumping housing
NEW YORK -- With Christmas only a month away, American consumers became more pessimistic about the economy in November, sending a widely watched barometer of confidence to the lowest level in two ... - Veterans learn to test waters of civilian work, sharpen job-hunting skills
FORT RILEY, Kan. -- Brian Brooks sat against the wall listening intently to instructions for his next mission. After 20 years of working for team Army, the next task was all his. ... - Citigroup examines ways to lower costs; large job cuts may come
NEW YORK -- Citigroup Inc., bracing for big credit-related losses in the fourth quarter, is looking to lower costs -- which could mean another round of job cuts at the nation's largest bank. ... - Stocks sell off as concerns about credit, banking outweigh better-than-expected retail reports
NEW YORK -- Wall Street sold off sharply today as concerns about a weakening credit market wiped out investors' enthusiasm about strong retails sales over the holiday weekend. ... - Newell Rubbermaid shares fall after company warns of lower-than-expected sales
ATLANTA -- Shares of consumer products maker Newell Rubbermaid Inc. ... - Year-round giving: Businessman uses his profits to help the poor
MEDIA, Pa. -- Travel company operator Hal Taussig buys his clothes from thrift shops, resoles his shoes and reads magazines for free at the public library. ... - Online holiday shopping season kicks off with 'Cyber Monday'
NEW YORK -- Retailers are hoping last week's strong start to the holiday shopping season at malls and stores translates into a busy buying season online, which officially begins today. ... - Obituary: Herbert Saffir / Creator of well-known hurricane intensity scale
Herbert Saffir, an engineer who created the five-category system used to describe hurricane strength and warn millions of an approaching storm's danger, has died. He was 90.