The daylong sell-off came as retailers reported the biggest drop in sales in three years and as a Federal Reserve snapshot showed Americans are spending less and manufacturing is slowing around the country.

Under terms of the deal, Bank of America would exchange 0.8595 shares of its stock for each Merrill Lynch common share.

The Richmond Fed District, which includes Virginia, Washington, Maryland, the Carolinas and most of West Virginia, retail sales and manufacturing activity slowed while services firms expressed concerns about the future.

The stunning collapse has sent pump prices tumbling. A gallon of regular gas fell nearly 4 cents overnight to a new national average of $3.125, according to auto club AAA,

the recall includes 140,000 Nissan Altima cars from the 2007-2008 model years. It also involves 2007-2008 model years of the Infiniti EX35, G35 Sedan, G37 and the Nissan 350Z, Murano and Rogue.

Really, the only “do” when it comes to talking politics in the office is “do shut up.” Most people who bring up politics are looking for validation or argument. 

The generator’s fuel valve can be damaged by the cover plate during shipment and cause a fuel leak and fuel spillage during use, posing a fire hazard to consumers

Circuit City says it is offering the same prices in its stores as on its website in an effort to beef up its rapport with customers in hopes of increasing store traffic and sales.

National chains may need to make menu changes and cost adjustments…

Apple Inc. touched up its line of laptop computers Tuesday with a minimal nod to the economic turmoil that might push consumers to be more frugal this holiday shopping season.