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12:41pm PDT, 07/09/09

KNX 1070 Money News ----------Money 101 ----------KNX Business Hour

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Gains in financials, material stocks lift market
NEW YORK (AP) -- Investors showed a greater appetite for risk Thursday, putting money back into banking and industrial stocks as well as commodities....

Lawyer: Madoff won't appeal 150-year sentence
NEW YORK (AP) -- Disgraced financier Bernard Madoff will not appeal his 150-year sentence for a fraud that unraveled overnight last December when Madoff confessed to his sons that nearly $65 billion he promised investors was safe was actually only worth a few hundred million dollars....

SEC to call for Calif. IOUs treated as securities
WASHINGTON (AP) -- The recipients of billions of dollars in IOUs being issued by California soon may have a regulated market where they could sell them....

Weak retail sales in June raise worries
NEW YORK (AP) -- Rain and escalating job worries dampened shoppers' appetite for summer staples like shorts and dresses more than expected in June, increasing concerns about the back-to-school shopping season....

565K new jobless claims, lowest level since Jan.
WASHINGTON (AP) -- The number of newly laid-off workers filing initial claims for jobless benefits last week fell to lowest level since early January, largely due to changes in the timing of auto industry layoffs....

GM sale cleared, path opens to exit Chapter 11
DETROIT (AP) -- The path is now clear for General Motors Corp. to leave bankruptcy protection in record time as a leaner company that is better equipped to compete in a brutal global auto market....

Sprint Nextel signs networking deal with Ericsson
KANSAS CITY, Mo. (AP) -- Sprint Nextel Corp. on Thursday announced it will transfer operation of its wireless and wireline networks to Swedish telecommunications equipment maker LM Ericsson....

Oil wavers near $60 as consumers scale back
NEW YORK (AP) -- Oil prices wavered around $60 per barrel Thursday with new consumer and employment data casting a pall over energy markets, but still rose slightly at the close for the first time in more than a week....

GM, Chrysler fight reopening of closed dealerships
WASHINGTON (AP) -- General Motors and Chrysler are urging lawmakers to stop legislation that would prevent automakers from closing car dealerships that the dealers want to keep open, saying it would complicate their emergence from government-led bankruptcies....

Citigroup shuffles executives, former CFO leaving
NEW YORK (AP) -- Citigroup Inc. said Thursday that its former chief financial officer and current chairman of Citi Holdings, Gary Crittenden, is leaving the company as part of the bank's latest shuffling of management....

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Governor Plays Mediator At BNSF Meeting (7/7/09)

Murder Victim's Mother Speaks Out (7/6/09)

Boating Accident Information (7/6/09)

Bark Beetles (7/02/09)

Flathead Spot Check (6/30/09)

Kalispell Man Acquited of Murder (7/01/09)

Missing in America Program (7/1/09)

Lawsuit Against Flathead County Planning and Zoning (7/01/09)

Costume designers make magic behind the scenes (6-29-09)

A behind the scenes look at Montana Shakespeare in the Parks

Montana's Animal Abuse Laws and Shelters (6/29/09)

Montana Michael Jackson Connection (6/26/09)

A Hamilton man worked with Jackson for months on a 3d movie. He worked just a few feet away from the pop superstar.

Rich Forbis (7/7/09)

Flathead Lake 3-on-3. 751-7406

David Mangold (6/16/09)

Allergy Season is upon us!

KECI TUESDAY SPORTS

Wills and Trusts

Be prepared!

Identity Theft

Avoid becoming a victim of the fastest growing crime in America.

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KNX Business Hour 07.08.2009
Stocks end the day mixed ahead of the start of earnings season. After the closing bell, aluminum giant Alcoa kicked off the parade of earnings results by reporting a loss that was less than what Wall Street analysts expected. The price of oil takes a tumb

KNX Business Hour 07.06.2009
Stocks come under pressure on concerns about when the global recession will end. The sell off ahead of the three day holiday weekend on the disappointing June jobs report continued after the opening bell. But in the final hour of trading, money moving int

KNX Business Hour 07.03.2009
State budget deadlock continues. Guests Dan Walters, political columnist Sacramento Bee, LA Council member Bernard Parks, Alex Hall, CEO Airship Ventures, and Suzy Welch, author "10 10 10."