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Reviving worries about the strength of the holiday shopping season weighed on stocks. Stocks fell modestly Monday as retailers slid and the dollar pared its losses against other major currencies. The strengthening greenback weighed on prices of some…

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DubaiUnited Arab EmiratesUnited StatesMiddle EastStock

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Stocks fall as investors worry about consumers

Propane distributor Inergy L.P. on Monday said its fourth-quarter loss widened from a year ago as sales of propane declined. Inergy reported a loss of $45.5 million, or 79 cents per limited partner unit, for the quarter ended Sept. 30 compared with a loss of $…

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Inergy reports wider loss in fiscal 4th quarter

3Com Corp. said Monday it has won a contract to upgrade the computer networking infrastructure of the Court of Justice in the state of Sao Paulo, Brazil. Financial terms were not disclosed. 3Com earlier this month agreed to be acquired by Hewlett-Packard Co….

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3Com receives network infrastructure contract

An analyst for RBC Capital Markets upgraded shares of Stryker Corp. on Monday, saying the company will do more business in 2010 due to increased demand for orthopedic surgeries and greater spending by hospitals. Stryker also announced it plans to buy Ascent…

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Stryker upgraded on 2010 implants, equipment sales

Homebuilder Standard Pacific Corp. could be profitable next year as profit margins continue to improve, a JMP Securities analyst said in a note to investors Monday. James Wilson restated his “Market Outperform” rating and $4 price target on Standard Pacific…

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James WilsonStandard PacificBusinessInvestingUnited States

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Standard Pacific may post ’10 profit, analyst says

U.S. B-schools are casting a wider net in search of international students. Forget China and India. Think Nigeria, Vietnam, and Kazakhstan

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In Hunt for Students, Business Schools Go Global

More shoppers were out over the weekend, but on average they spent less. The National Retail Federation still predicts a 1% decline in holiday spending

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‘Disciplined’ Holiday Shoppers Point to a Drop

Shares of Origin Agritech Inc. soared to their highest point in more than two years Monday, their fourth big jump over the past five trading days on extremely heavy volume. On Nov. 21, Origin said the Chinese government issued a final approval for its…

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Origin Agritech hits 2-year high on seed approval

Vladimir Nabokov’s final, fragmentary novel has gone on sale in two versions in Russia, more than 30 years after he asked that it be burned upon his death. The emigre Russian wrote “The Original of Laura” on index cards in 1975-77, the last years of his life….

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Original of LauraVladimir NabokovRussiaFictionIndex card

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Fragmentary Nabokov novel published in Russia

DETROIT (Reuters) – Major automakers are expected to report flat U.S. auto sales for November from a year ago — another sign the industry is on the mend after a bruising downturn that forced extensive restructuring early this year.

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U.S. November auto sales to show slow recovery

Citigroup Inc. on Monday named Willem Buiter, a London-based economics professor and author, as its new chief economist. Currently a professor at the London School of Economics, Buiter is a widely published author and blogger. He has worked as a consultant…

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Citi names Willem Buiter its new top economist

Reviving worries about the strength of the holiday shopping season sent stocks falling modestly. The stock market gave up an early advance Monday but also showed signs of stability following Friday’s steep drop. Global markets are rebounding after falling in…

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DubaiUnited Arab EmiratesUnited StatesMiddle EastStock

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Stocks fall as investors weigh consumers, Dubai

Business software company CDC Software Corp. said Monday it agreed to buy gomembers Inc., a provider of software-as-service products for nonprofit and non-governmental organizations. Financial terms were not disclosed. Founded in 1996, gomembers provides…

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CDC Software to buy gomembers, terms not disclosed

Former NBA all-star Antoine Walker is promising to pay more than $900,000 to settle bad check charges with three Las Vegas casinos and avoid felony criminal charges. Las Vegas Justice of the Peace Melanie Andress-Tobiasson approved a deal Monday letting…

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Las Vegas NevadaAntoine WalkerLas VegasNational Basketball AssociationUnited States

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Ex-NBA star promising to repay Vegas casino debt

NEW YORK (Reuters) – The U.S. manufacturing sector is expected to have grown but at a slower pace in November in a still fragile recovery from the longest recession in decades, according to a Reuters’ poll of economists.

Excerpt from:
November factory activity seen decelerating