KIMA - News - Business News http://www.kimatv.com/news/business RSS Feed for KIMA - News - Business en-us Thu, 09 Jul 2009 18:36:50 GMT Bailed out banks refuse California IOUs http://www.kimatv.com/news/business/50385067.html After taking multibillion-dollar bailouts from the federal government, some of the nation's biggest banks are declining to lend a hand with a different financial mess: the California budget stalemate. U.S. demand for handguns driving world gun trade http://www.kimatv.com/news/business/50384752.html American demand for handguns has fueled a 28 percent jump this decade in world exports of pistols, rifles, shotguns and other small arms, a global report said Thursday. Winner of $1.68 million lunch with Buffett identified http://www.kimatv.com/news/business/50384302.html The Canadian investment managers who paid $1.68 million in a charity auction to win lunch with investor Warren Buffett believe the meal will be worth it because of what they might learn from the billionaire. Weak retail sales in June raise worries http://www.kimatv.com/news/business/50384112.html Rain and escalating job worries dampened shoppers' appetite for summer staples like shorts and dresses more than expected in June, increasing concerns about the back-to-school shopping season. Tens of billions remain in bank bailout fund http://www.kimatv.com/news/business/50383767.html The government has tens of billions of dollars left in the eye-popping $700 billion bank bailout fund created last fall, prompting a debate in Congress over what to do with it. Retired chairman Oscar Mayer dead at 95 http://www.kimatv.com/news/business/50302767.html Oscar G. Mayer, retired chairman of the Wisconsin-based meat processing company that bears his name, has died at the age of 95. Alcoa posts 2Q loss of $454M on weak demand http://www.kimatv.com/news/business/50293317.html Alcoa Inc. unofficially opened the earnings season by posting a narrower-than-expected loss of $454 million, citing continued weak prices and demand for its aluminum products amid the global recession. And the winner of the $1.68M lunch with Buffett is... http://www.kimatv.com/news/business/50286882.html The Canadian investment managers who paid $1.68 million in a charity auction to win lunch with investor Warren Buffett believe the meal will be worth it because of what they might learn from the billionaire. Stricter labeling urged for bottled water http://www.kimatv.com/news/business/50231002.html Consumers know less about the water they pay dearly for in bottles than what they can drink almost for free from the tap because the two are regulated differently, researchers and congressional investigators say in new reports. Swiss ready to seize UBS data to stifle U.S. http://www.kimatv.com/news/business/50230947.html Switzerland's government said Wednesday it would forbid the Swiss bank UBS AG from complying with any court-ordered transfer of data on tens of thousands of American clients to the U.S. government, and would consider seizing documents to prevent that.