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Barnes & Noble on Tuesday posted a larger second-quarter loss than last year and lowered its profit forecast for this quarter in anticipation of weak holiday sales and high costs of launching its electronic book reader, the Nook.
Borders Group says it lost money for the third straight quarter as sales at its bookstores continued to decline, but the loss was smaller than a year ago.
Three Afghan Cabinet officials and 12 former ministers are under investigation for alleged corruption, the attorney general's office said Tuesday, announcing cases that could signal whether the government is serious about fighting graft in its ranks.
The economy is growing modestly, with consumers too wary about spending to invigorate the recovery.
A 6.8-magnitude earthquake struck off the Pacific island nation of Tonga, sending panicked residents into the streets at night, but there were no immediate reports of damage or injuries.
Hormel Foods Inc. plans to boost its advertising next year to persuade cash-strapped shoppers to pay extra for its pricier items, like microwave meals, as they keep looking for ways to cut costs in the downturn.
Canadian doctors have been advised not to use a batch of 170,000 swine flu vaccines after six reports of serious allergic reactions among recipients, but there are no similar reports from other countries, pharmaceuticals company GlaxoSmithKline PLC said Tuesday.
Medtronic reported a surprising 59 percent boost in second-quarter profit Tuesday, as increased sales of implantable heart devices defied reports of weakening demand from competitors.
H.J. Heinz Co.'s says its business is thriving in emerging markets but the recession continued to drag down its U.S. and European sales during the second quarter as shoppers limited spending or chose lower-priced products.
The prostitute at the center of Premier Silvio Berlusconi's sex scandal claims in a new book that she slept with him on the understanding he would help her set up a countryside inn but she got "nothing" in return.
Stocks drifted below 13-month highs after a lackluster reading on consumer confidence and a report showing slower economic growth sapped some of the market's optimism.
BMO Financial Group said Tuesday that it will buy the Diners Club North American franchise from Citigroup Inc., more than doubling its corporate card business.
An Indian government investigation released Tuesday into the 1992 demolition of a mosque by a raging mob reportedly accused top Hindu nationalist politicians of complicity in the attack that sparked nationwide ethnic riots, leaving 2,000 people dead.
The Philippine president placed two southern provinces under emergency rule Tuesday as security forces unearthed more bodies, pushing the death toll to 46 in some of the deadliest election violence in the nation's history.
A remote-controlled bomb planted in a water station exploded in eastern Afghanistan on Tuesday, killing six members of a family, including four children, authorities and a relative said.
Crowded highways, busy airports, full ferries, snow in the mountains, rain in the cities – it’s looking to be a normal Northwest Thanksgiving holiday.
LONDON – Nuclear power – long considered environmentally hazardous – is emerging as perhaps the world’s most unlikely weapon against climate change, with the backing of even some green activists who once campaigned against it.
A jury in Philadelphia has ordered Wyeth Pharmaceuticals to pay a woman $75 million in punitive damages after finding a link between her breast cancer and a hormone-replacement drug.
KABUL – The U.S. agreed Monday to hand out millions of dollars in development aid to provinces in Afghanistan that have eliminated or reduced the production of opium poppies, the raw ingredient in making heroin.
The United States, under pressure from other nations as one of the world’s largest greenhouse-gas polluters, will present a target for reducing carbon dioxide emissions at next month’s climate conference in Copenhagen, Obama administration officials said Monday.
COLUMBIA, S.C. – South Carolina Gov. Mark Sanford, whose tryst with an Argentine lover blossomed into a wide-ranging scandal, is accused of breaking ethics laws by using taxpayer money for pricey airline seats, taking state planes for personal and political trips, and occasionally tapping his campaign chest to reimburse himself for travel.
A Pennsylvania lawmaker defended Rep. Patrick Kennedy on Monday against a bishop who has acknowledged asking the Rhode Island congressman not to receive Holy Communion because of his support for abortion rights.
WASHINGTON – Reports of hate crimes against gays and religious groups increased sharply in 2008, according to FBI data released Monday.
Iraq’s parliament failed Monday to produce an election law that pleased minority Sunni Arabs, prompting U.S. Secretary of State Hillary Rodham Clinton to say that nationwide balloting scheduled for January “might slip” to a later date.
More than 2.1 million drop-side cribs by Stork Craft Manufacturing are being recalled, the biggest crib recall in U.S. history, following reports of four infant suffocations.
The world must engage and not isolate Iran in the push for Middle East peace, Brazilian President Luiz Inacio Lula da Silva said Monday, and Iranian leaders should negotiate with Western nations over its nuclear program.
WASHINGTON – A technology originally developed for premature babies may be helping to save some of the sickest swine flu patients by rerouting their blood so their lungs can rest.
BALTIMORE – Crisis pregnancy centers in Baltimore must display signs stating they do not provide abortions or birth control referrals under a measure approved by the City Council on Monday night and thought to be the first of its kind.
WEST PALM BEACH, Fla. – The federal government said Monday that it has found a “strong association” between problematic imported Chinese drywall and corrosion of pipes and wires, a conclusion that supports complaints by thousands of homeowners over the last year.
WASHINGTON – Faced with limited job options, many young adults are turning to an old standby to weather the recession: moving back in with their mom and dad.
BRUSSELS – For 23 torturous years, a Belgian man, Rom Houben, says he lay trapped in his paralyzed body, aware of what was going on around him but unable to tell anyone or even cry out.
PHILADELPHIA – A scheme to transport stolen cell phones, laptops and video game systems that evolved into a plot to ship machine guns and anti-aircraft missiles to Syria was broken up with the arrest of a central figure in the plan, according to FBI documents released Monday.
WASHINGTON – President Barack Obama rolls out the red carpet today for India in the first official state visit of his presidency, but the stresses of a key relationship in a tinderbox part of the world will lie just beneath the glitz and glamour of a state dinner.
MINNEAPOLIS – Promising both “true brotherhood” and “fun,” several Somali men persuaded fellow immigrants in Minneapolis to return to their East African homeland and take up arms with a terrorist group, according to federal charges unsealed Monday against eight individuals.
UNITED NATIONS – Development officials say almost half the world’s population lacks modern fuels to cook or heat or any electricity, and insist negotiators must address that “energy poverty” as part of any global climate pact next month in Denmark.
Pakistani troops killed 18 militants in a fresh offensive Tuesday against insurgents blamed for a wave of recent bombings in the main northwestern city of Peshawar.
China executed a dairy farmer and a milk salesman Tuesday for their roles in the sale of contaminated baby formula - severe punishments that Beijing hopes will assuage public anger, reassure importers and put to rest one of the country's worst food safety crises.
Signaling he's decided on new troop levels for the Afghanistan war, President Barack Obama said Tuesday he intends to "finish the job" on his watch and destroy terrorist networks in the region.
China's economic planning agency has formally approved a plan to build a Disney theme park in Shanghai, ensuring the city will have a new showcase attraction after next year's World Expo has wound down.
The world must engage and not isolate Iran in the push for Middle East peace, Brazilian President Luiz Inacio Lula da Silva said Monday, and Iranian leaders should negotiate with Western nations for a solution to concerns over its nuclear program.
The head of the Consumer Product Safety Commission promised swift action to get dangerous products off the market, after acknowledging Tuesday that it didn't move quickly enough on a record recall of more than 2 million cribs linked to four deaths.
Tax credit gives home sales best boost in decade
Steven Holcomb said the U.S. bobsled team was going to be a powerhouse this year. He sure seems like a prophet.
Gold prices managed to carve out a small gain while other commodities fell after the latest economic data signals that the recovery will be slow.
An eastern Ohio police chief was convicted of three felonies Monday but was acquitted of burglary charges in an alleged break-in at the home of a woman who carried twin girls for Sarah Jessica Parker and Matthew Broderick.
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© Copyright 2009 Tacoma News, Inc. A subsidiary of The McClatchy Company
1950 South State Street, Tacoma, Washington 98405 253-597-8742
© Copyright 2009 Tacoma News, Inc. A subsidiary of The McClatchy Company