Firstcoastnews.com Money News

Kodak to Stop Making Digital Cameras

Thu, 09 Feb 2012 16:04:13 GMT

ROCHESTER, N.Y. -- Eastman Kodak Co., which invented the digital camera in 1975, is getting out of the digital camera business.

Lehman Brothers Sues Citigroup for $2.5B

Fri, 10 Feb 2012 05:18:40 GMT

NEW YORK (AP) - Lehman Brothers Holdings Inc. is suing several units of Citigroup Inc. to recover $2.5 billion it transferred to a backup account at Citi months before seeking bankruptcy court protection.

Stocks End Modestly Higher

Fri, 10 Feb 2012 05:13:34 GMT

NEW YORK (AP) - Stop us if this sounds familiar. Stocks ended modestly higher on Wall Street Thursday, after a fairly quiet session.

Creator of Red Hots, Lemonheads Candy Dies at Age 93

Thu, 09 Feb 2012 16:12:43 GMT

RIVER FOREST, Ill. - Candy company executive Nello Ferrara lived a sweet life.

Asian Stocks Fall

Thu, 09 Feb 2012 11:30:00 GMT

BANGKOK -- Asian stocks fell today after data showed inflation in China was heating up again, complicating efforts by Beijing to stimulate the world's No. 2 economy.

Sales Tax for Online Purchases?

Thu, 09 Feb 2012 11:29:06 GMT

Attention, online shoppers. The days of tax-free online shopping may be coming to an end.

College Bound? It's Time To Fill Out The FAFSA

Thu, 09 Feb 2012 10:38:28 GMT

JACKSONVILLE- Annual costs range from $9000 for state colleges to more than $50000 for private universities. To receive financial aid the Free Application for Federal Student Aid of FAFSA must be filled out by both dependent students and their parents as soon as possible.

Phil's App of the Day

Thu, 09 Feb 2012 10:23:39 GMT

JACKSONVILLE- Friday, February 2, 2002. Gym-Pact is an app that fines you for missing the gym and rewards you for showing up.

Feds, states, banks agree to $26 billion mortgage settlement

Thu, 09 Feb 2012 10:12:27 GMT

Stocks Rally From Early Losses to Close Higher

Thu, 09 Feb 2012 06:02:02 GMT

NEW YORK (AP) - Stocks managed to close higher yesterday as news about Greece and its massive debt remained promising. It could be different today since crucial talks between three Greek parties ran into another bump after the markets closed.

Ga. Firm to Display Jets in Singapore

Wed, 08 Feb 2012 15:23:42 GMT

SAVANNAH, Ga. -- Executives of Gulfstream Aerospace Corp. says the Savannah-based company will display three of its business jet models at this year's Singapore Air Show.

Auto Supply Firm Increases Ga. Town's Workforce

Wed, 08 Feb 2012 14:59:02 GMT

HARTWELL, Ga. -- Georgia Gov. Nathan Deal has announced that Tenneco, an automotive industry supply company, will expand its production lines and add 350 employees at its northeast Georgia facility.

Super Bowl Ad Meter Winner Announced

Wed, 08 Feb 2012 11:35:07 GMT

Score one for the bodacious Doritos baby.

Report: Silicon Valley Sees Growth in Jobs, Wealth

Wed, 08 Feb 2012 05:40:35 GMT

SAN FRANCISCO (AP) - A report released yesterday says Silicon Valley is creating jobs and wealth for highly skilled workers, but may be leaving some residents behind as employment closes in on pre-Great Recession levels.

Asia Stocks Rise as Greece Debt Deal Appears Near

Wed, 08 Feb 2012 05:25:14 GMT

BANGKOK (AP) - Asian stocks rose today as Japan's powerhouse exporters got a boost from hopes of new moves to weaken the yen while a deal appeared within reach between Greece and its creditors to cut the country's massive debt load.

Stocks Hoping to Build on Tuesday's Gains

Wed, 08 Feb 2012 05:11:09 GMT

NEW YORK (AP) - Upbeat news about Greece gave Wall Street a small shot in the arm yesterday, easing the fears of some investors. One analyst says "Just some kind of optimism overseas" is going to be encouraging.

VW Chattanooga Plant Announces 50,000th Passat

Tue, 07 Feb 2012 16:49:15 GMT

CHATTANOOGA, Tenn. -- Volkswagen's Chattanooga plant has completed its 50,000th Passat, less than a year after production began.

Yum Forecasts Strong Expansion Overseas

Tue, 07 Feb 2012 14:42:13 GMT

LOUISVILLE, Ky. -- Yum Brands' stock is trading higher as the owner of Taco Bell, KFC and Pizza Hut is forecasting more rapid restaurant growth outside the U.S. along with a turnaround for Taco Bell in the U.S.

Bernanke Stands Firm With Low-Rate Stance

Tue, 07 Feb 2012 14:36:51 GMT

WASHINGTON - Ben Bernanke on Tuesday reiterated the Federal Reserve's plan to hold interest rates near record lows until at least late 2014.

Job Openings Jump to Near a 3-Year High

Tue, 07 Feb 2012 14:33:20 GMT

WASHINGTON - The number of available jobs in the United States jumped in December to near a three-year high, supporting other data that show a brighter outlook for hiring.