Mattel Inc., the world’s biggest toymaker, whose products include the Barbie doll, won a court order banning MGA Entertainment Inc. from making and selling Bratz dolls that were found to infringe Mattel copyrights. U.S. District Judge Stephen Larson in Riverside, California, yesterday granted Mattel’s...

U.S. stock markets faced steep declines at Friday’s opening bell after growing fears of a global recession pummeled overseas markets and trading curbs limited stock futures trading. Futures on the Standard & Poor’s 500 Index fell 60 points to 855.20, the “limit down” for the contract by...

U.S. foreclosure activity in September rose 21 percent from a year earlier but fell by double-digits from the prior month as some state laws slowed the foreclosure process, according to a monthly report by research firm RealtyTrac. Foreclosure filings — default notices, auction sale notices and...

Consumer-level inflation was contained in August thanks to a sharp decline in energy prices, a welcome sign for observers hoping for the U.S. central bank will cut interest rates later Tuesday. The Labor Department said that its consumer price index fell 0.1% in August, the first decline in almost two...

Oil futures turned lower Monday in electronic trading as weather models showed little sign Hurricane Gustav would strengthen before making landfall later in the day on the U.S. Gulf Coast. “No significant change in strength is likely before landfall,” the National Hurricane Center in Miami...

The Korea Development Bank (KDB), the state-run lender now up for privatization, had the worst performance in overseas business this year, with its net profit halving to $24.6 million in the first half year-on-year. The setback is standing out as many commercial banks, such as Shinhan and the Korea Exchange...

Recently, Forbes Asia published a Thailand rich list on July, 10 2008 in Singapore. The rankings are almost filled with the same face as in the lists of 2006 and 2007. The Asia rich lists have been sponsored by SG Private Banking (Asia Pacific). The notable and outstanding rich woman in all rankings...

More than $18 million has already been paid to the 17,000 Minnesotans receiving Federal Emergency Unemployment Compensation (EUC), according to Minnesota Department of Employment and Economic Development Commissioner (DEED) Dan McElroy . On July 1, Gov. Tim Pawlenty authorized Minnesota ’s participation...

The U.S. trade deficit unexpectedly fell in June as exports advanced to an all-time high, offsetting another big surge in oil imports. The Commerce Department reported Tuesday the trade imbalance dropped to $56.8 billion in June, down by 4.1 percent from a revised May deficit of $59.2 billion. It was...

The failure of IndyMac Bancorp Inc. and seven other banks this year may erase as much as 17 percent of a government insurance fund and raise premiums for all banks, from Franklin National of Minneapolis to Bank of America Corp. The closing of IndyMac in July, the third-biggest U.S. bank failure, may...