Posted on 27 December, by under

Reuters - Shoppers found a mixed bag of bargains and so-so deals on Monday, as a day off for many Americans lured some out for what was likely to be the third-busiest shopping day of the holiday season.
Posted on 27 December, by under

Reuters - Tokyo Electric Power Co asked a government-backed bailout body on Tuesday for an additional 690 billion yen ($8.8 billion) to help compensate victims of the nuclear crisis at its Fukushima Daiichi power plant.
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AP - The U.S. economy will grow faster in 2012 — if it isn't knocked off track by upheavals in Europe, according to an Associated Press survey of leading economists.
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AP - Ajay Piramal is sitting on a mountain of cash. Yet the billionaire Indian tycoon, working in one of the world's fastest growing economies, is struggling to figure out what to do with the money.
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Reuters - A panel reviewing the auditing of Olympus Corp after its $1.7 billion accounting scandal said it had so far not found any wrongdoing by the Japanese arm of Ernst & Young and questioned the accuracy of a separate investigation critical of auditors.

Reuters - Brian Keith is busier than ever as the architecture firm he works for rushes to wrap up work on a 300-unit apartment complex in Dallas.

AP - Four new types of American shoppers have emerged this holiday season.
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Reuters - Retailer Sears Holdings Corp said it plans to close 100-120 Kmart and Sears Full-line stores and expects its adjusted fourth-quarter EBITDA to more than halve from a year ago.
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Reuters - Sears Holdings Corp will close up to 120 stores in its Kmart and namesake chains, blaming poor sales of consumer electronics so far this holiday season and saying it would focus its energy on its better performing stores.
Posted on 27 December, by under

AP - U.S. home prices fell in most major cities for the second straight month, further evidence that the housing recovery will be bumpy and weigh on the broader economy in 2012.