Anchorage Daily News -- Business

Thrifty says offer of free rental car was mistake

AP Airlines Writer (DAVID KOENIG) — Mon, 17 Jun 2013 14:46:16 AKDT

Thrifty Car Rental says it's sorry, but many customers who were offered a free one-day rental won't be getting that after all.

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Pressure on Fed to provide clarity in uncertain environment

McClatchy Washington Bureau (Kevin G. Hall) — Mon, 17 Jun 2013 13:56:17 AKDT

Federal Reserve officials begin a pivotal two-day meeting Tuesday facing a dilemma. The economy is showing enough improvement to justify dialing back some of the Fed?s life support, yet financial…

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World looks to Bernanke to clarify stimulus plans

AP Economics Writer (MARTIN CRUTSINGER) — Mon, 17 Jun 2013 13:46:17 AKDT

Is the era of ultra-low interest rates nearing an end?

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Anger in southern Egypt over Islamist governor

Associated Press (MAGGIE MICHAEL and HAGGAG SALAMA) — Mon, 17 Jun 2013 13:26:17 AKDT

Angry tourism workers and activists in Luxor threatened Monday to block a newly appointed Islamist governor from his office because of his links to a former militant group that killed…

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News Summary: On trading floor, a wait-and-see day

The Associated Press () — Mon, 17 Jun 2013 13:16:16 AKDT

HOLDING PATTERN: Trading was light Monday, with investors waiting to see what Federal Reserve Chairman Ben Bernanke will say Wednesday about how long the central bank might keep in place…

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How the Dow Jones industrial average fared

The Associated Press () — Mon, 17 Jun 2013 13:16:16 AKDT

U.S. stocks rose Monday, a day with light trading volume and little in the way of major economic or corporate news. Investors are betting that the Federal Reserve will keep…

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Tribune ends bankruptcy stint with lower earnings

The Associated Press () — Mon, 17 Jun 2013 12:31:18 AKDT

The company that owns the Chicago Tribune, Los Angeles Times and more than 20 television stations, made slightly less money last year as it ended a lengthy ordeal in bankruptcy…

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US stocks rise ahead of Fed policy meeting

The Associated Press () — Mon, 17 Jun 2013 12:16:17 AKDT

Stocks are closing higher as traders hope that the Federal Reserve will decide to continue its economic stimulus program when it meets this week.

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World looks to Bernanke to clarify stimulus plans

AP Economics Writer (MARTIN CRUTSINGER) — Mon, 17 Jun 2013 12:16:17 AKDT

Is the era of ultra-low interest rates nearing an end?

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Rates mixed at weekly US Treasury bill auction

The Associated Press () — Mon, 17 Jun 2013 11:41:17 AKDT

Interest rates on short-term Treasury bills were mixed in Monday's auction with rates on six-month bills falling to the lowest point since early 2012.

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EU, US to launch trade talks next month

Associated Press (SHAWN POGATCHNIK and DAVID McHUGH) — Mon, 17 Jun 2013 11:38:20 AKDT

Talks on a sweeping trade deal between the European Union and the United States, the world's two largest trading partners, are to get underway in Washington next month, President Barack…

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Soybeans drop as weather boosts crop prospects

AP Markets Writer (STEVE ROTHWELL) — Mon, 17 Jun 2013 11:16:17 AKDT

Soybeans dropped as improving weather across the Midwest boosted the outlook for this year's crop.

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Little joy in Croatia as it enters the EU

Associated Press (DARKO BANDIC and DUSAN STOJANOVIC) — Mon, 17 Jun 2013 11:01:17 AKDT

There will be festivities and fireworks, but Kata Secic can't muster much enthusiasm for Croatia's historic entry into the European Union.

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World looks to Bernanke to clarify stimulus plans

AP Economics Writer (MARTIN CRUTSINGER) — Mon, 17 Jun 2013 10:46:19 AKDT

Is the era of ultra-low interest rates nearing an end?

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Americans throw away 90 billion pounds of food a year

Fresno Bee (Bethany Clough) — Mon, 17 Jun 2013 09:56:16 AKDT

The average American family of four wastes between $1,350 and $2,275 a year in food. Much of that ends up in the kitchen trash can: uneaten leftovers, milk past the…

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Oil posts small loss after hitting high for year

The Associated Press (PABLO GORONDI) — Mon, 17 Jun 2013 09:11:17 AKDT

The price of oil fell slightly after it climbed to a high for the year Monday, as the market waits to see the results of this week's Federal Reserve policy…

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News summary: Lowe's offers to buy hardware stores

The Associated Press () — Mon, 17 Jun 2013 08:46:17 AKDT

THE NEWS: Lowe's Cos. offered to buy Sears spinoff Orchard Supply Hardware Stores for about $205 million in cash.

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US stocks rise ahead of Fed policy meeting

The Associated Press () — Mon, 17 Jun 2013 08:06:18 AKDT

Stocks are rising in midday trading as traders expect the Federal Reserve to continue its stimulus of the U.S. economy when it meets this week.

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Food companies work to make it look natural

AP Food Industry Writer (CANDICE CHOI) — Mon, 17 Jun 2013 06:51:00 AKDT

Here's the latest goal for food makers: Perfect the art of imperfection.

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Investors guess Fed's actions, push stocks higher

AP Business Writer (CHRISTINA REXRODE) — Mon, 17 Jun 2013 06:20:57 AKDT

Investors on Wall Street are playing a guessing game with the Federal Reserve.

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US homebuilder confidence soars to 7-year high

AP Real Estate Writer (ALEX VEIGA) — Mon, 17 Jun 2013 06:10:57 AKDT

For the first time in seven years, most U.S. homebuilders are optimistic about home sales, a sign that construction could help drive stronger economic growth in coming months.

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