Business / StarTribune.com / Minneapolis - St. Paul, Minnesota

Wednesday, December 3, 2008

Stocks withstand dismal economic data

The major Wall Street indexes saw big swings throughout the day, but all closed up more than 2 percent, giving the market its second straight advance.

Fourth in a series

Our hungry planet: A time of want

Transplanting rice in Cambodia.

As world hunger worsened this past year, some blamed countries that limited trading and began to hoard food. Others blamed free trade policies.

Productivity growth better than expected in 3Q

Worker productivity slowed in the summer while wage pressures increased, but both developments were better than expected and are unlikely to raise inflation alarms at the Federal Reserve.

Capacity and job cuts coming to Delta and NWA

Delta will reduce capacity again as people curtail travel in a recessionary economy. International flying will shrink 3 to 5%.

Lead, other chemicals remain in many toys

What's in that toy car?

As parents check off their gift lists for their kids, a new report shows that lead and other dangerous chemicals remain in many toys.

Petters’ plea to 20 charges: Not guilty

Tom Petters' trial is set for February on fraud and conspiracy counts, but a defense lawyer says it's unlikely he can be ready that quickly.

Star Tribune asks unions for $20M in cuts

As advertising revenue declines, the newspaper wants its workers to accept modifications to their contracts.

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Ka-Blog: Keep up with important (and sometimes confounding) money matters with Kara McGuire.

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Blog: Patent Pending

Give a lot, take a lot

In times of economic anxiety, there is a natural tendency to cut back and pull back. One has to do with economics, the other concerns attitude. Faced with slumping sales and declining stock prices, companies will naturally cut spending, a short term impulse that undermines long term thinking. People who have lost jobs or fear [...]

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