Schweikert leading big in GOP race for 5th District

David Schweikert is set to take the Republican primary in the 5th Congressional District.
As of 9:30 p.m. Tuesday night, he is well ahead of Susan Bitter Smith and Jim Ward in a U.S. House District that includes Scottsdale, Tempe and Fountain Hills.
Schweikert will take on U personal loans for bad credit.S. Rep. Harry Mitchell, D-Tempe, […]

Stocks rally for second day in a row

U.S. stocks posted their second consecutive day of gains Wednesday, turning the market around after a week’s worth of losses.
After starting out the day lower, the Dow Jones industrial average (INDU) rose 10 points, or 0.1%, to 10,416 the S&P 500 (SPX) inched up 2 points, or 0.2%, to 1,094 and the Nasdaq (COMP) […]

BP rally hits a wall

Even as BP appears poised to permanently kill its blown-out well in the Gulf of Mexico, shares of the company have hit a wall as investors turn their attention to the massive legal costs that lie ahead for the energy giant.
BP has pledged to set aside $20 billion to compensate businesses and individuals hurt […]

Fannie Mae narrows loss, but asks for more aid

Fannie Mae says that its financial condition has vastly improved over previous quarters, but the mortgage finance company still requested more government assistance.
The government-run company said Thursday it lost $1.2 billion in the second quarter, down significantly from an $11.5 billion loss in the prior quarter. Last quarter’s loss was the smallest since the […]

Lattice Semiconductor CEO to step down

Lattice Semiconductor Corp. CEO Bruno Guilmart will leave the company next month to take a job as CEO of Kulicke & Soffa Industries Inc., a Pennsylvania-based manufacturer of semiconductor equipment.
Guilmart will relocate to Singapore, which Kulicke & Soffa described as the center of the company’s global operations. In a news release, the company said other […]

Phoenix Coyotes pitch multi-game ticket deals

The Phoenix Coyotes hockey team will begin selling 20- and 11-game packages to existing ticket holders Wednesday and to the general public on Friday.
Prices for 20-game plans range from $19 per ticket in the upper level to $260 a game near the ice at Jobing.com Arena in Glendale. Prices for 11-game plans range from $23 […]