AP

The Great Atlantic & Pacific Tea Co., better known as A&P, has filed for Chapter 11 bankruptcy protection. It's been a long slow decline for A&P, which operates grocery stores along the eastern seaboard including Pathmark, Super Fresh, Waldbaum's and Food Emporium. At it's peak in the...

Great Atlantic & Pacific Tea Co., owner of the A&P supermarket chain, may sell its Food Emporium stores as the 151-year-old company continues to try to turn around its finances by cutting costs and revamping leadership.

The world's biggest wire service and the leading search engine have worked out their differences. Google and the Associated Press have reached a new licensing deal that ensures the latter's content will be hosted on Google News for a long time to come.

With the prospects for economic recovery iffy at best and consumer spending still sluggish, retailers are closing their weakest stores in order to protect profits.

CNN has cut ties with the Associated Press, a wire service that has been a backbone of American news media for more than a century. The move exemplifies how the news industry and its traditional business models are changing in the ever-accelerating information age.

Jonathan Katz, who had the Haiti beat largely to himself thanks to newsroom cutbacks in international coverage, is no longer alone. Media's biggest names including Diane Sawyer and Anderson Cooper have landed since the earthquake. Katz's house here is in ruins, but he mourns for the rest of the island.

When billionaire Ron Burkle went on a Barnes & Noble stock buying spree late last year, the bookseller responded with a "poison pill" measure to prevent a hostile takeover. But another firm's stock buys suggest there's an alliance in the works that may hold the antidote to the poison.

Is Google no longer playing nice with Old Media? The search giant has stopped hosting new stories from the Associated Press, as talks over a new licensing deal flounder. The AP reportedly wants more from the deal, while Google's move seems designed to show the AP what the loss of Google News readership would mean.

Contrary to earlier published reports, the hijacked U.S.-bound oil tanker Maran Centaurus is carrying about $140 million worth of Saudi crude -- not the $20 million previously claimed -- DailyFinance has learned. Reached in Greece Tuesday, a representative for Maran Tankers Management, the ship's...

Costco Wholesale Corp. (COST) said Wednesday that its fiscal fourth-quarter profit fell 6 percent, partly on the stronger dollar and increased employee benefit costs, but results beat analysts' estimates. The warehouse club operator earned $374 million, or 85 cents per share, for the quarter ended...