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Online car-selling scam nets $4 million, prosecutors say

Six foreign nationals accused of running $4 million Internet vehicle-selling scam

Retail Roundup: L.L. Bean's duck boots, McDonald's mobile, Lowe's

Maine retailer L. L. Bean says the duck boot is back in style, at least among fashion-conscious, trend-hungry college students around the country. This year, the nearly century-old outdoor apparel company sold about 400,000 pairs of the hunting boot -- which has hardy rubber soles -- up from 150,00 just four years ago, the Associated Press reported.

Kimberly-Clark to launch 'designer' toilet paper roll covers

That's the rather whimsical tack taken by consumer products giant Kimberly-Clark Corp., which is launching a "spring line" of colorful covers to hold extra rolls and add pizzaz to the bathroom.

CDR Financial Products founder pleads guilty in municipal bond case

A Beverly Hills financial firm and its founder pleaded guilty to federal criminal charges that they defrauded government agencies by steering investment contracts to firms that paid them kickbacks. David Rubin, 50, and his company, CDR Financial Products Inc., were...

Energy Department predicted the 2011 boom in U.S. fuel exports

Joanne Shore, team leader and lead operations research analyst at the Energy Department's Energy Information Administration, and colleague John Hackworth essentially explained why Americans were about to pay more for gasoline in 2011 than they ever had before.

Ford-brand auto sales pass 2 million for first time since 2007

Ford namesake brand sees sales exceed 2 million for first time since before recession.

Sears, Kmart closings: Shares slide to new low on Fitch downgrade

Bad news for Sears -- ratings downgrades, poor sales, store closures -- trample company stock

Air Force buys souped-up, stealthy version of Predator drone

Adding to its growing arsenal of robotic aircraft, the Air Force has purchased a new high-flying hunter-killer drone.

Restaurants in November had best performance in five months

Restaurants in November turned in their best performance in five months and are looking forward to solid sales and a better economy in 2012, according to a major trade group.

TCW and Jeffrey Gundlach reach settlement

Star bond trader Jeffrey Gundlach and his former employer, TCW Group Inc., have agreed to settle a lawsuit over allegations that he stole trade seccrets to set up his own firm. Both sides announced the deal late Thursday but did not disclose terms.

Three California Sears stores among 79 outlets to close nationwide

Three Sears stores in California are among 79 stores nationwide on the chopping block after a dismal holiday season forced Sears Holding Co. to retool its strategy.

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