Business Wire

Fitch Warns of Possible Downgrade of U.S. Credit

The United States risks losing its top credit rating if it's unable to make payments on its debt and encounters a "technical default," the Fitch rating agency said Wednesday.


Learn How Facebook Can Help Your Business

Facebook might seem like just a great way to communicate with friends, but it can help in business, too.


Bankruptcy Clouds 'Girls Gone Wild' Collection Path

Two "Girls Gone Wild" entities on the hook for a $5.8 million judgment here have filed for bankruptcy, as the legal thicket surrounding franchise founder Joe Francis grows denser.


Clean-energy Loan Defended

President Obama on Thursday slammed Republicans who are critical of a program that awarded the now-bankrupt solar-panel manufacturer Solyndra a $535 million taxpayer-backed loan guarantee, noting that Republican lawmakers have long supported subsidies for clean-energy initiatives.


Denny's Corporation Selects Casanova Pendrill as New Hispanic Agency

Denny's Corporation announced today that Casanova Pendrill will become its new Hispanic agency of record effective October 2011.


Vatican: Pope Enters Holy Honey Business

Pope Benedict VXI entered the honey business on Tuesday after he received a gift of 500,000 bees from Italy's largest agriculture consumer group to highlight the importance of protecting the environment.


Walmart Adds Sale of Tickets To Services

Consumers can add concert tickets to their shopping lists if they are headed to one of more than 20 Inland Walmart stores.


Lego Pleased With 6-Month Results

Danish toy company Lego on Tuesday reported a 25 percent rise in net sales for the first half of 2011, lifted by new and classic products and tie-ins with Hollywood movies.


Job Front: Survey Casts Doubt On New Hiring in Sacramento Area

Little more than a week after encouraging news on the Sacramento job front, local employers are expressing renewed concerns about hiring fueled by fluctuating gasoline prices and the ongoing state budget fight, according to a survey released today by employment firm Pacific Staffing.


Steve Jobs, on Medical Leave, Expected To Announce iCloud

Apple CEO Steve Jobs is scheduled to take a break from medical leave Monday to announce a new service called iCloud.


Farmville Maker to File For IPO

Zynga, the company behind hit Facebook games such as Farmville and Mafia Wars, is about to turn its virtual popularity into some cold hard cash.


LinkedIn Raises IPO Price

Business networking site LinkedIn added a cool $1 billion to its value Tuesday as it raised the pre-deal price range for its scheduled initial public offering by $10 a share to between $42 and $45.


Border Foods Sale Based On Popularity of Chiles

The purchase of Border Foods can be directly attributed to the increasing popularity of Hispanic food items across the country.


Economy, Weather Hit Lowe's Earnings

Executives at Mooresville-based Lowe's Inc. said Monday they're still seeing an economic recovery, but offered plenty of reasons to be wary as the retailer reported that sales and profits fell in the first quarter.


Solitary Entrepreneurs Can Link

The world of the solitary entrepreneur can be a little, well, isolating.


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