Daniel Marsula/Post-Gazette
The idea of buying high-quality stocks and holding onto them through thick and thin for the long haul has become so widely accepted that to do otherwise seems foolish. (Today)
Progress Energy in Florida is planning to retire two of its old coal-fired power plants and replace them with nuclear power units from Westinghouse Electric Co. (Today)
Yesterday was Black Monday for the North American auto industry. General Motors Corp. (Today)
SAN JOSE, Calif. -- In an unprecedented letter to Apple investors and consumers yesterday, Chief Executive Officer Steve Jobs revealed that a hormone imbalance is "robbing" his body of proteins, causing him to drastically lose weight and triggering deep concern about his health in recent months. (Today)
Many banks are getting a boost through the U.S. Treasury's Capital Purchase Plan, in which the Treasury is investing $250 billion in banks that are approved by their primary regulators and the Treasury to participate. In addition to helping banks, the American consumer also will realize a significant benefit from the program. (Today)