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On Wall Street, shoppers trump the Fed

On Wall Street, the average shopper can trump a Federal Reserve policy maker.

Farmers paired with next generation

They are lawyers, factory workers, insurance adjusters, even an accountant and a dentist. All share the same dream: They want to farm.

Demand for alligator skin plummets

As conspicuous consumption loses some of its cachet during the recession, the swamp’s most conspicuous consumers have less to fear from humans.

After the debate, bank execs are making more

The scrutiny of executive pay in Washington isn’t knocking down the compensation of banks’ head honchos. It’s just changing what form the money comes in.

Are the days of classic cars over?

As the industry turns toward more fuel-efficient vehicles, classic car owners worry the soul of the cars that symbolized personal freedom, speed, status and sex appeal has been lost.

NYT: Citi says 2 big pay packages exempt

Citigroup Inc says two of its traders are exempt from a government review of the bank’s top executive pay packages, The New York Times reports.

Colonial BancGroup shut by regulators

Regulators shut down Colonial BancGroup, a big lender in real estate development that buckled under the collapse of the market. It was the biggest U.S. bank to fail this year.

Obama ‘pay czar’ to review compensation plans

The Obama administration’s “pay czar” is embarking on a review of proposed compensation packages for the top employees at seven companies that are on government life support.

Flaws halt work on Boeing 787 sections

The Chicago-based airplane maker says it has found microscopic wrinkles in the skin of the 787’s fuselage and is installing a patch.

Dealers yet to see most cash from clunkers

Dealers say they still haven’t been repaid for the majority of Cash for Clunkers deals they have made, creating cash crunches for many as they wait for government reimbursement.

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