http://www.palestineherald.com en-us Copyright CNHI All Rights Reserved. 5 Wed, 18 Nov 2009 20:17:00 +0000 http://www.palestineherald.com/business/local_story_322201808.html http://www.palestineherald.com/business/local_story_322201808.html PLANO, Texas (AP) — J.C. Penney will stop publishing its twice-yearly “big book” catalogs, now that customers increasingly shop online. Wed, 18 Nov 2009 20:17:00 +0000 http://www.palestineherald.com/business/local_story_322201723.html http://www.palestineherald.com/business/local_story_322201723.html SUGAR LAND, Texas (AP) — The U.S. Labor Department says a British contractor has agreed to pay nearly $400,000 in back overtime wages. Wed, 18 Nov 2009 20:16:00 +0000 http://www.palestineherald.com/business/local_story_322201638.html http://www.palestineherald.com/business/local_story_322201638.html FORT WORTH, Texas (AP) — Flight attendants for American Airlines, bitter over stalled contract negotiations, staged a fake strike Wednesday that included airport picket lines. Wed, 18 Nov 2009 20:15:00 +0000 http://www.palestineherald.com/business/local_story_322201525.html http://www.palestineherald.com/business/local_story_322201525.html ATLANTA (AP) — A federal judge on Wednesday denied a request by AT and T Inc. to force competitor Verizon Wireless to pull its “There’s a Map for That” commercials. Tue, 17 Nov 2009 19:44:00 +0000 http://www.palestineherald.com/business/local_story_321194451.html http://www.palestineherald.com/business/local_story_321194451.html DENVER (AP) — A Houston-based oil and gas drilling company facing complaints of racial discrimination has been ordered to turn over its personnel records as part of an Equal Employment Opportunity Commission investigation. Tue, 17 Nov 2009 12:45:00 +0000 http://www.palestineherald.com/business/local_story_321124523.html http://www.palestineherald.com/business/local_story_321124523.html WASHINGTON (AP) — Improved retail sales gave Wall Street a boost Monday but provided little hope for a robust holiday shopping season that might invigorate the economic recovery. Tue, 17 Nov 2009 12:44:00 +0000 http://www.palestineherald.com/business/local_story_321124448.html http://www.palestineherald.com/business/local_story_321124448.html OMAHA, Nebraska (AP) — Billionaire Warren Buffett’s company bought a nearly $60 million stake in Exxon Mobil Corp., and cut its holdings in oil rival ConocoPhillips during the third quarter. Tue, 17 Nov 2009 12:43:00 +0000 http://www.palestineherald.com/business/local_story_321124405.html http://www.palestineherald.com/business/local_story_321124405.html NEW YORK (AP) — Internet phone service provider Vonage Holdings Corp. has agreed to pay $3 million to 32 states to settle an investigation into some of its business practices. Mon, 16 Nov 2009 15:21:00 +0000 http://www.palestineherald.com/business/local_story_320152138.html http://www.palestineherald.com/business/local_story_320152138.html WASHINGTON (AP) — Retail sales rose more than expected in October due largely to a big rebound in auto sales. But broader consumer spending remains under pressure, raising questions about the durability of the recovery. Mon, 16 Nov 2009 15:21:00 +0000 http://www.palestineherald.com/business/local_story_320152210.html http://www.palestineherald.com/business/local_story_320152210.html OKLAHOMA CITY (AP) — Independent oil and gas producer Devon Energy Corp. said Monday it will divest its Gulf of Mexico and international assets. Fri, 13 Nov 2009 17:35:00 +0000 http://www.palestineherald.com/business/local_story_317173613.html http://www.palestineherald.com/business/local_story_317173613.html American shoppers are splitting again: The affluent are finally starting to buy, picking up designer clothes at places like Nordstrom, while those on the lower economic rungs are still scrimping by, heading to Walmart for the basics. Fri, 13 Nov 2009 02:37:00 +0000 http://www.palestineherald.com/business/local_story_317023818.html http://www.palestineherald.com/business/local_story_317023818.html WASHINGTON (AP) — Transportation Secretary Ray LaHood said Thursday he will create a special panel to come up with a plan to restore health to the ailing airline industry, which is losing billions of dollars, shedding jobs and blamed for using a business model that critics say undermines safety.LaHood, who made his announcement at the end of a daylong forum on the state of the industry, promised that within a year the panel will produce “a roadmap for the future of the aviation industry.”LaHood organized the closed-door forum at the behest of airline unions who say the industry has become dysfunctional, with the companies, their investors, their employees and their passengers all suffering.Airlines were quick to tell the Obama administration what it can do to help — they want the government to pick up the entire tab for a new air traffic control system based on GPS technology instead of World War II-era radar technology. Thu, 12 Nov 2009 13:28:00 +0000 http://www.palestineherald.com/business/local_story_316132822.html http://www.palestineherald.com/business/local_story_316132822.html NEW YORK (AP) — Oil prices tumbled Thursday, dropping below $77 a barrel after the government reported that petroleum supplies continue to grow as American drivers and businesses cut way back on energy use. Thu, 12 Nov 2009 13:26:00 +0000 http://www.palestineherald.com/business/local_story_316132646.html http://www.palestineherald.com/business/local_story_316132646.html WASHINGTON (AP) — Fewer people are claiming unemployment benefits — but still too many to signal that the economy is close to gaining jobs. Thu, 12 Nov 2009 13:25:00 +0000 http://www.palestineherald.com/business/local_story_316132612.html http://www.palestineherald.com/business/local_story_316132612.html SAN JOSE, Calif. (AP) — Hewlett-Packard Co.’s $2.7 billion takeover of 3Com Corp. is a shot at networking leader Cisco Systems Inc. — and a sign of how old relationships are being frayed by a flurry of maneuvers by technology heavyweights.