Business News


World stock markets are lower after President Barack Obama put America back on a war footing. (NY Times)

Troubled electronics icon, RadioShack reported its 10th straight quarterly loss and is seeking to raise capital. The company posted a loss of $137.4 million as sales fell 22%. (Reuters)

US foreclosure activity jumped 7% in August, up for the second consecutive month.  Banks have started the foreclosre process on more properties and scheduled more housing auctions, says RealtyTrac. Foreclosure activity is down 9% from a year ago.

McDonald's may be looking to serve McBrunch. The fast-food giant has filed a federal trademark registration for the term. This comes as their same store sales have declined for four straight months.  (USA Today)

With 104 days till Christmas Wal-Mart has released its top 20 toy list.  Making the list was rebooted classic brands, such as Mattel's Barbie Glam Camper and Hot Wheels Street Remote Control Flying Car. (CNBC)

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