Ayala Corp., the country's oldest conglomerate, reported a 45 percent drop in net income in the first semester of the year mainly due to lower contributions from its key operating units, pressured by soaring prices of oil and the weakening global economy

The no-muss, no-fuss payment plan — layaway — may be making a modest comeback this year to entice consumers back to shop for Christmas gifts despite tighter credit and slumping retail sales.

SANTA MONICA, Calif.----This month's new vehicle sales are expected to be 872,000 units, a 28.9 percent decrease from October 2007 and a 9.4 percent decrease from September 2008, according to Edmunds.com, the premier online resource for automotive inform

IRVINE, Calif., April 24 -- According to the latest study from Kelley Blue Book Marketing Research , the number of new-car shoppers adjusting their spending habits due to increasing gas prices has reached a record high.

Two proposed bike trails in Dane and Sauk counties would connect miles of existing recreational paths in southern Wisconsin, but questions about the future of an existing rail line are keeping one section grounded. One of the trails being considered by co