3xwy Blog

AP – YRC Worldwide Inc., one of the country’s largest trucking companies, said Wednesday that shipping volume is improving this month after two months of severe winter storms.

AP – The head of the Securities and Exchange Commission confirmed Wednesday the agency is investigating several companies’ actions in the run-up to the financial crisis of 2008.

AP – Japan’s central bank is escalating the fight against deflation by offering more cheap loans to banks.

AP – Color measurement technology company X-Rite Inc. posted a fourth-quarter profit Tuesday, reversing a year-ago loss tied to the company’s 2007 acquisition of Pantone.

AP – French energy company Toreador Resources Corp. said Monday that its fourth-quarter loss narrowed to $5 million as rising oil prices partially offset falling production.

AP – Soaring government debt endangers Europe’s business climate because it could hold back economic growth and crowd out financing for companies, European employers said Monday.

AP – Clothing maker Phillips-Van Heusen Corp. said Monday it has agreed to buy privately held Tommy Hilfiger in a cash-and-stock deal valued at about $3 billion, creating one of the world’s biggest clothing companies.

AP – Washington Mutual Inc. says it has resolved disputes with JPMorgan Chase & Co. and the Federal Deposit Insurance Corp. over some $4 billion at issue in the bank holding company’s Chapter 11 bankruptcy.

AP – Optimer Pharmaceuticals Inc. narrowed its loss in the fourth quarter as expenses declined, the company said.

AP – After more than a year of bids and counterbids, CF Industries landed Terra Industries on Friday for $4.7 billion, creating a giant fertilizer company.