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'Cliff' Talks: White House Waiting on GOP Move

Posted: 4:04 PM Treasury Secretary Tim Geithner says Republicans need to make the next move in negotiations to head off the tax hikes and spending cuts known as the "fiscal cliff."

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NY Appeals Court Tosses 2 Convictions In Tax Case

Posted: 10:34 AM A New York federal appeals court has reversed the convictions of two former Ernst & Young partners. They were accused of defrauding the United States by selling illegal tax shelters to wealthy individuals.

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Big Rivalry, Big Bucks Could Come To An End

Updated: 8:38 AM It's arguably the biggest game of the year for the Wolf Pack Football Team, which will meet Boise State head-to-head Saturday afternoon at Mackay Stadium While no titles are at stake, it's still huge rivalry, and means money to local businesses to cater to fans. Boise may be going to another conference next year. That will put an end to a great match-up and perhaps the business it brings to local bars and clothing stores.

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Oil Prices Lower

Posted: 8:59 AM Oil prices are lower as traders remain unsure whether positive U.S. economic news signals an increase in demand for fuel.

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Nintendo Wii U is Hot Seller

Updated: 6:55 AM Nintendo says it has sold more than 400,000 of its new video game console, the Wii U, in its first week on sale in the U.S.

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Car Owners Fall Behind on Payments

Posted: 4:54 AM New consumer credit data show that more Americans fell behind on their auto-loan payments in the third quarter, when back-to-school shopping and other needs traditionally put a strain on consumers' wallets.

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Busiest DMV Day

Updated: 6:34 PM If you had some unfinished business at the Department of Motor Vehicles Monday was not the day to complete it. DMV staff calls it "Black Monday" because of all the transactions they handle on this day. Wait times were predicted to double or even triple.

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Schapiro Stepping Down

Posted: 8:26 AM Mary Schapiro is stepping down as chairman of the Securities and Exchange Commission after helping lead the U.S. government's regulatory response to the 2008 financial crisis.

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Thanksgiving Steals Sales from Black Friday

Posted: 10:14 AM This year's Friday results may have been tempered by hundreds of thousands of shoppers hitting sales Thursday evening while still full of Thanksgiving dinner.

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Bus Load Of Locals

Updated: 6:55 PM On this Black Friday, many shoopers are focued on getting the best deals possible. Others want to make their buck count and look for local retailers to do their shopping. One local event allowed local women to do just that.

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Foreclosure Rates Going Down in Reno Area

Updated: 9:19 AM Foreclosure rates in Reno-Sparks decreased for the month of September over the same period last year, according to newly released data from CoreLogic.

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McDonald's Replaces Big Cheese

Posted: 6:31 AM McDonald's Corp. is replacing the head of its U.S. operations after the world's biggest hamburger chain reported its first monthly sales decline in nearly a decade.

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Hostess Bakers Go on Strike

Posted: 5:55 AM About a dozen workers began picketing at a Hostess Brands plant in Sacramento honoring a bakers' union strike at the bankrupt company's plants across the country.

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Nevada Gaming Up in September

Posted: 7:45 AM State officials say Nevada gambling revenues were up more than 3 percent in September compared with the same month a year ago.

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Apple Stock Drops After New Release

Posted: 9:26 AM Investors are sending Apple's stock below $600 for the first time in three months, after the consumer electronics behemoth reported earnings for its latest quarter that missed expectations and warned that profits in the holiday quarter would fall from last year

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Shoppers Over Uggs

Posted: 7:39 AM No love for Uggs: Shares of the sheepskin boots maker, Deckers Outdoor Corp., are tumbling Friday because consumers have turned away just before the start of the holiday shopping season.

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US Business News

  • Wal-Mart Plays Catch-Up With Amazon
    Wal-Mart is creating a vast new logistics system that includes building warehouses for Web orders, but also uses workers in stores to pack and mail items to customers.
  • Dish Drops Sprint Pursuit
    Dish Network said it won't submit a new offer for Sprint Nextel by its Tuesday deadline, a move that appears to clear the way for the third largest U.S. wireless carrier to be bought by SoftBank of Japan.
  • H&M Plans Online Sales Push
    Swedish fashion retailer Hennes & Mauritz is expanding its online sales channels to include several new countries in 2014, as second-quarter net profit fell more than analysts had expected.
  • GM Sticks to China Growth Plan
    General Motors is sticking to its plan to quadruple its share of the Chinese market for luxury vehicles by the end of this decade, even as it acknowledged a slowdown in the market and increasing risks there.
  • Speedy Traders in Talks on Tie-Up
    Two of the largest independent U.S. high-frequency-trading firms are in early merger discussions, as a downturn in trading opportunities has spurred cutbacks and tie-up talks among rivals
  • Icahn Raises Dell Stake, Urges Tender Offer
    Carl Icahn called for Dell to launch a tender offer for up to $16 billion of its shares, and he also bought about 72 million shares, making him the second-largest holder in the company.
  • Alcatel-Lucent to Slim Down
    Alcatel-Lucent plans to rework its balance sheet and significantly tighten its focus to a handful of core businesses, in an effort to return the telecommunications-equipment maker to profitability, the company said.
  • Wanted: Risk Takers
    South Korea is looking to transform a culture that penalizes business failure into one that lets startups thrive, and it's starting by encouraging risk-taking entrepreneurs.
  • Chrysler Bows to Jeep Recall
    Chrysler said it would recall 1.56 million Jeeps to strengthen the vehicles, reversing course after initially rejecting a regulator's request for a larger recall after a study found a high rate of fire after collisions.
  • Boeing 787 Makes Unscheduled Landing
    A Boeing 787 Dreamliner operated by United Airlines on a flight from Denver to Tokyo made an unscheduled landing in Seattle because of an apparent problem with an engine oil filter. There was no fire.
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