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Donnelley agrees to buy Business.com (Los Angeles Times)
R.H. Donnelley Corp., a publisher of Yellow Pages phone directories, agreed Thursday to buy Santa Monica-based search engine Business.com for $345 million.
Business jet makers drive Goodrich’s profit (The Charlotte Observer)
AEROSPACE Goodrich Corp ., the world’s largest supplier of aircraft landing gear, said second-quarter profit rose 54 percent on increasing demand from business jet makers. The company boosted its full-year profit and revenue forecasts. Profit and sales beat analysts’ estimates. Net income increased to $124.8 million, or 98 cents a share, from $81 million, or 64 cents, a year earlier, …
Business and Finance
Stocks and corporate bonds tumbled on fears that the housing slump is spreading to the broader economy. The Dow industrials plunged 311.50 points, or 2.3%, to close at 13473.57. The S&P 500 and Nasdaq also slid. Investors bought…