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An Oregon man whose 5-month-old son died last summer has filed a $5 million lawsuit against the maker of hammock-like baby beds. Jonathan Kuzma of suburban Gresham contends in the lawsuit filed Tuesday in Multnomah County Circuit Court that the bed made by…

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Oregon dad sues baby hammock maker for $5 million

NEW YORK (Reuters) – ConAgra Foods Inc has sued Dean Foods Co , saying the dairy processor’s Swiss Premium teas infringe its trademark for Swiss Miss hot cocoa products.

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ConAgra sues Dean Foods over Swiss Miss trademark

The pipeline of initial public offerings for 2010 looks promising as private equity firms look to cash in on their investments after coming back to the nearly defunct market in the fall. Online networking companies may take center stage. So far, the company…

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IPO comeback in 2009 sets stage for busy 2010

NEW YORK (Reuters) – Stocks dipped on Thursday despite data showing that the number of people filing for jobless benefits fell to the lowest level in about 17 months, with indexes on track for the best yearly gains since 2003.

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Wall Street dips, but eyes best year since 2003

The United Nations says a raid last weekend by foreign troops in a tense eastern Afghan province killed eight local students. The Afghan government says that all 10 people killed in a village in Kunar province were civilians. NATO says there is no evidence to…

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UN says killed Afghans were students

U.S. stocks fell as a gauge of manufacturing in the Midwest trailed economist estimates and the market’s biggest annual rally in six years left the Standard & Poor’s 500 Index trading at its most expensive level since 2002.

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U.S. Stocks Retreat to Trim Biggest Yearly Rally Since 2003

Mortgage rates in the U.S. rose to the highest since August, raising the prospect that the budding housing recovery will stall as home buying becomes more costly.

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Mortgage Rates in U.S. Rise to Highest in Four Months (Update2)

Michael Brochu, chief executive officer of Global Market Insite Inc., is always looking for new investments. So when a friend called with an opportunity, Brochu was ready to listen.

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‘Texas Boy’ Investor Can’t Resist Taste of New Argentine Winery

Mortgage rates rose for the fourth straight week, ending the year above 5 percent. The average fixed rate on a 30-year mortgage was 5.14 percent this week, up from 5.05 percent last week, Freddie Mac said Thursday. Mortgage rates are closely tied to yields on…

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Mortgage rates end the year above 5 percent

AT&T Inc., the biggest U.S. phone company, ended its sponsorship deal with Tiger Woods after the golfer’s admissions of marital infidelity.

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AT&T Ends Tiger Woods Sponsorship After Sex Scandal (Update1)

Natural gas stockpile levels fell less than expected last week, the government said Thursday. The Energy Department’s Energy Information Administration said in its weekly report that natural gas inventories held in underground storage in the lower 48 states…

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Natural gas stocks fall less than expected

NEW YORK (Reuters) – Bankrupt shopping mall owner General Growth Properties Inc, which is seeking to surface from bankruptcy protection next year, posted a narrower net loss in November from the month before, according to a monthly regulatory filing.

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General Growth net loss narrows in November

Billionaire investor Carl Icahn plans to pump more money into his bid to buy Donald Trump’s bankrupt casinos. In court papers filed in U.S. Bankruptcy Court in New Jersey, the billionaire’s investment company says it will commit $125 million more in financing…

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Report: Icahn offers $125M more for Trump casinos

OVERLAND PARK, Kansas (Reuters) – U.S. trucking giant YRC Worldwide said on Thursday it averted bankruptcy by successfully negotiating a critical debt-for-equity exchange that wipes out $470 million in debt and gives the struggling company access to needed credit as it restructures.

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Trucker YRC’s debt exchange succeeds, shares drop

The stock market zigzagged in a tight range on the last day of the year as weekly unemployment claims fell to the lowest level since July 2008. The welcome news about unemployment Thursday came as investors looked to wrap up a strong year for the market….

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Stocks trade in tight range as jobless claims fall