Aaron's Daily WWW Newspaper

NEW YORK (Reuters) - Almost half the workers in Verizon Communications' wireline telecommunications business went on strike on Sunday as negotiations for a new labor contract failed.

NEW YORK (Reuters) - A unit of Warren Buffett's Berkshire Hathaway Inc made a $3.24 billion buyout offer for Transatlantic Holdings Inc, topping two existing rival bids for the reinsurer.

SINGAPORE (Reuters) - Britain and several euro zone countries are likely to have their credit ratings cut in coming months as debt problems worsen, and Western policymakers are bound to embark on more quantitative easing to get their economies moving, American investor Jim Rogers said on Monday.

NEW YORK (Reuters) - A downgrade of United States' top-tier credit rating has Wall Street scrambling to figure out the knock-on effects for the financial system, from mortgages to banks to markets that rely on U.S. Treasuries for collateral.

NEW YORK (Reuters) - Wal-Mart Stores Inc said on Monday that its check and card cashing service would accept more types of checks and take more forms of identification from shoppers in a move aimed at getting them to spend more at the discount chain's stores.

CHICAGO (Reuters) - Tyson Foods Inc reported a smaller quarterly profit due to higher feed costs for its chickens and the company expects that business to post a loss in the current quarter.

U.S. stock futures tumbled Monday amid a rout in global stocks after Standard & Poor's downgraded the U.S. credit rating for the first time.

The European Central Bank's decision to buy billions of euros worth of Spanish and Italian bonds pushed down the two countries' borrowing costs Monday, but analysts warned that the move transfers significant risks onto the balance sheets of an institution long reluctant to move beyond its traditional role controlling i …

A managing director at Standard & Poor's said Monday that he has absolutely no second thoughts about the credit ratings agency's decision to cut the U.S. debt rating.

A union official says thousands of striking workers are joining picket lines and rallies at Verizon work locations from Massachusetts to Virginia.

Tyson Foods is reporting a 21 percent drop in earnings for its third quarter, but the results beat expectations on higher pork profits.

Toyota Motor Corp., which has sunk to No. 3 in global vehicle sales from pole position, is counting on emerging markets to drive a revival in its fortunes, one of its top India executives says.

The official newspaper of China's ruling Communist Party on Monday lambasted the U.S. for its credit rating downgrade and called for better coordination between the West and developing nations on economic policy.

Oil prices dived below $85 a barrel Monday in Asia after Standard & Poor's lowered the U.S. credit rating — a blow to confidence that could hurt economic growth and demand for crude.

Finance officials from major industrial countries, seeking to calm nervous global markets, pledged Sunday to increase cooperation on attacking economic problems.

A Dubai government-run conglomerate that controls some of the emirate's industrial powerhouses will repay in full $4 billion worth of debt coming due this month, the city-state vowed Monday in a move that could reassure investors worried about the strength of the world economy.

A Dubai government-run conglomerate that controls some of the emirate's industrial powerhouses will repay in full $4 billion worth of debt coming due this month, the city-state vowed Monday in a move that could reassure investors worried about the strength of the world economy.

In a muddy pile of sand where a pond once flowed in the Texas Panhandle, dead fish, their flesh already decayed and feasted on by maggots, lie with their mouths open. Nearby, deer munch on the equivalent of vegetative junk food and wild turkeys nibble on red harvester ants — certainly not their first choice for lunch.