| Business News: CBSNews.com |
GM Nears Deal To End Monthlong Strike
General Motors Corp. and a local union reached a new labor agreement that could end a monthlong strike at a Michigan plant which makes some of GM's hottest selling vehicles. |
CBS To Buy CNet Networks For $1.8B
CBS Corp. says it has agreed to buy online technology news and entertainment company CNet Networks Inc. for about $1.8 billion. |
U.S. Home Foreclosures Keep Rising
More U.S. homeowners fell behind on mortgage payments last month, driving the number of homes facing foreclosure up 65 percent versus the same month last year and contributing to a deepening slide in home values, a research company said. |
How To Vacation For Less This Summer
Sure, gas and food prices are high, but it's still possible to escape this summer. By concentrating on ways to save, you'll find yourself at the beach or in the mountains for less than you think. |
Retail Sales Take Expected Dip In April
Consumers, battling soaring gasoline prices and a slumping economy, cut back further on their spending in April. The Commerce Department reported that retail sales dipped 0.2 percent last month, right in line with economists' expectations. |
"Smart" Car Is Safe, Too, Study Says
The micro car, the smallest car for sale in the U.S. market, offers a good level of safety, according to new crash tests conducted by the insurance industry. |
Median Home Prices Drop In Many Cities
The National Association of Realtors says median home prices fell in two-thirds of the cities surveyed during the first three months of this year. |
Old-Fashioned Gas Pumps Are Topping Out
Mom-and-pop service stations are running into a problem as gasoline marches toward $4 a gallon: Thousands of old-fashioned pumps can't register more than $3.99 on their spinning mechanical dials. |
Giving Up The Little (And Big) Things
A gloomy economy has forced Americans to give up luxuries large and small. |
Cablevision Buys Newsday For $650 Million
Cablevision Systems Corp. says it is buying the Long Island-based newspaper Newsday from Tribune Co. for $650 million. |
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