HartfordBusiness.com Web-Only News http://www.hartfordbusiness.com Your Hartford Area business news source. Fospher RSS by ForeSite Technologies, Inc. Fri, 16 May 2008 11:29:00 EDT Surprise rebound in housing, outlook still shaky http://www.hartfordbusiness.com/news5524.html Construction of new homes posted the biggest increase in more than two years in April. While it was a rare spot of good news for the housing market, analysts said it's far too soon to declare an end to the prolonged slump. http://www.hartfordbusiness.com/news5524.html Martin Crutsinger Fri, 16 May 2008 10:06:00 EDT GE confirms plans to exit appliance business http://www.hartfordbusiness.com/news5523.html General Electric Co. said today that it plans to sell or spin off its iconic appliance business, which has provided refrigerators, air conditioners and ovens for millions of U.S. homes. http://www.hartfordbusiness.com/news5523.html Fri, 16 May 2008 10:01:00 EDT Judge rules against former insurance executives http://www.hartfordbusiness.com/news5522.html A federal judge has rejected requests to overturn the convictions of five former insurance company executives in a scheme to manipulate the financial statements of the world's largest insurance company. http://www.hartfordbusiness.com/news5522.html Thu, 15 May 2008 9:31:00 EDT Industrial output plunges, second big drop in 2 months http://www.hartfordbusiness.com/news5488.html The nation's industrial output plunged in April, reflecting big cutbacks in autos and other manufacturing industries. http://www.hartfordbusiness.com/news5488.html Martin Crutsinger Thu, 15 May 2008 9:30:00 EDT Inflation could be worse http://www.hartfordbusiness.com/news5487.html Technical factors held down the government's consumer price index in April, but economists say inflation isn't whipped. http://www.hartfordbusiness.com/news5487.html John Waggoner Thu, 15 May 2008 9:28:00 EDT Foreclosures skyrocket 65 percent in April http://www.hartfordbusiness.com/news5486.html In a sign that the mortgage collapse is getting worse, not better, foreclosure filings surged 65 percent in April from April 2007, leading some analysts to warn that the crisis might not end before 2010. http://www.hartfordbusiness.com/news5486.html Stephanie Armour Thu, 15 May 2008 9:16:00 EDT Tech stocks jump to the front of market's charge http://www.hartfordbusiness.com/news5485.html Economists may argue whether there's a recession raging or not, but tech investors aren't wasting any time betting on a recovery. http://www.hartfordbusiness.com/news5485.html Matt Krantz Wed, 14 May 2008 10:08:00 EDT Inflation pressures ease despite food price jump http://www.hartfordbusiness.com/news5480.html Inflation pressures eased a bit in April despite the biggest jump in food prices in 18 years. http://www.hartfordbusiness.com/news5480.html Martin Crutsinger Wed, 14 May 2008 10:06:00 EDT US foreclosure filings surge 65 percent in April http://www.hartfordbusiness.com/news5479.html More U.S. homeowners fell behind on mortgage payments last month, driving the number of homes facing foreclosure up 65 percent versus the same month last year and contributing to a deepening slide in home values, a research company said. http://www.hartfordbusiness.com/news5479.html Alex Veiga Wed, 14 May 2008 10:04:00 EDT Freddie Mac loses $151M in 1Q, but beats expectations http://www.hartfordbusiness.com/news5478.html Mortgage finance company Freddie Mac said its first quarter loss widened to $151 million as the U.S. housing market worsened, though the results were not as poor as expected. Its shares rose more than 8 percent. http://www.hartfordbusiness.com/news5478.html Alan Zibel