NEW YORK (AP) -- The already battered banking sector continues to take blows as reports about national banks showed the sector is facing weakening profits, jobs cuts and the need for more government support.
NEW YORK (AP) -- Smurfit-Stone Container Corp., the largest producer of cardboard box materials in North America, is actively exploring bankruptcy, according to a media report Thursday.
NEW YORK (AP) -- An analyst on Thursday cut his 2009 earnings estimates for payment processors amid expectations that volume growth will slow amid the ongoing global economic downturn.