Latest Business Wires

Anthracite Capital Inc. on Tuesday said it defaulted on debt payments, and the specialty finance company may not be able to continue to operate.

Coffee retailer Starbucks Corp. said Tuesday it named John Culver as president of its international unit, succeeding Martin Coles who resigned to pursue new opportunities.

A bipartisan amendment to increase insurance benefits for women through yearly screenings is expected to get the first Senate vote Tuesday on health care overhaul legislation.

Mexico's central bank says the money migrants sent home fell nearly 36 percent in October compared to the same month last year. It's the largest drop since records began to be kept in 1996.

The International Council of Shopping Centers trimmed its November sales growth forecast on Tuesday as shoppers are falling behind in their holiday buying compared with a year ago.

Wyoming Gov. Dave Freudenthal on Tuesday proposed major cuts to transportation and local government funding as part of a leaner state budget for the next two years.

Mexico's central bank says the money migrants sent home fell nearly 36 percent in October compared to the same month last year. It's the largest drop since records began to be kept in 1996.

Shares of Packaging Corp. of America jumped Tuesday as Credit Suisse said profit will likely rise next year at the cardboard box material maker.

Missouri has won a $1.9 million federal grant to help expand high-speed Internet service in rural areas.

Newspaper executives and editors gathered in India from around the world Tuesday heard calls to seek more payment for their content on the Internet as they decried their industry's sharply falling advertising revenues.

The Swiss economy emerged from a yearlong recession in the third quarter, the country's office for economic affairs said Tuesday.

Diamond Pet Foods recalled select bags of dry cat food Tuesday after 21 reports of health problems in cats.

A legislative panel proposes to overhaul the governing boards of New Mexico's investment and pension funds.

Medco Health Solutions Inc. and Coventry Health Care Inc. said Tuesday they will work together to see if they can reduce health care costs for senior citizens by addressing factors like home safety, diet, and medication use.

J.C. Penney Co. said Tuesday it will become the exclusive department store retailer selling MNG by Mango, a European clothing brand.

NCR Corp. said Tuesday that it's installing Blockbuster Express DVD rental kiosks at more than 200 Duane Reade drugstores in New York City.

Bill Sizemore, Oregon's high-profile anti-tax activist and Republican candidate for governor, has been indicted on tax evasion charges that could send him to prison if convicted.

The 16 nations that use the euro are Tuesday expected to agree deadlines for most of them to reduce budget deficits that are well above the EU budget rules that underpin their currency.

The FBI has been asking questions about why Missouri House leaders blocked legislation earlier this year affecting millions of dollars worth of sales taxes charged by cities.

Alliance Data Systems Corp. said Tuesday it named Charles L. Horn as executive vice president and chief financial officer, effective Monday.