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Economy

Top 10 business stories for 2010

WASHINGTON, D.C. — In 2010, the economy rebounded fitfully from the Great Recession — starting strong, wobbling at midyear but showing enough vigor by year’s end to quell fears of a second recession. Yet Americans hardly felt relief under the weight ...

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Grocer A&P files for Chapter 11 reorganization

PORTLAND, Ore. — The Great Atlantic & Pacific Tea Co., once the nation's largest grocer, filed for Chapter 11 bankruptcy protection Sunday after years of struggling with enormous debt and rising competition from low-priced peers.

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Lt. Gov. Ravitch: States facing fiscal ‘cliff’

ALBANY — Lt. Gov. Richard Ravitch is known for helping engineer historic rescues of governments in crisis. Now he says states in the U.S. are headed toward what he calls a fiscal “cliff” this summer when temporary federal stimulus money spent on education ...

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