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SVB Financial Group, the holding company for SVB Silicon Valley Bank, announced Tuesday the closing of a $300 million public stock offering.
The Treasury Department says suppliers providing auto parts to General Motors have returned $140 million in bailout money.
The government says Toyota will recall 110,000 Tundra trucks from the 2000-2003 model years to address excessive rust on the vehicle's frame.
A former postal supervisor who says he was fired for refusing a late shipment of Netflix DVDs in Spokane is suing the Postal Service.
Fannie Mae says it won't consider offers from investors to buy its foreclosed properties until they have been on the market for 15 days.
CSG Systems International Inc. said Tuesday that board member Don Reed has been elected chairman, a position he will assume Jan. 1 as part of the company's policy to rotate key board positions.
US Airways has signed a codeshare deal with Taca Airlines that will let customers to fly to more destinations in Central and South America next year.
Delta Air Lines Inc. is seeking to raise more than $688 million by selling notes backed by aircraft it owns.
Coal-hungry Indiana ranks fourth in the nation for carbon dioxide emissions from mostly aging power plants that contribute to global warming, an environmental group said Tuesday.
Barnes & Noble Inc. and Borders Group Inc., the nation's two largest brick-and-mortar book sellers, both posted quarterly losses Thursday and forecast a difficult holiday season, saying competition from discount chains and online retailers is stiffening.
Saks Inc. said Tuesday it has extended the maturity date of its revolving credit facility, which has a borrowing capacity of $500 million, and changed certain terms of the loan.
William Kennard, former chairman of the Federal Communications Commission, has resigned from the board of the New York Times Co. to become the U.S. ambassador to the European Union.
Major business events and economic events scheduled for Wednesday:
The West Virginia Public Service Commission has denied a staff recommendation to dismiss an application for a multistate power line.
A national Italian-American organization based in New Jersey says an MTV reality show that depicts Italian-American beachgoers as the "hottest, tannest, craziest Guidos" is offensive and should be scrapped before it airs.
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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