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Lampert's Sears Narrows Its Loss

Sears Holdings, led by the hedge fund financier Edward S. Lampert, posted a smaller third-quarter loss on Thursday than a year ago, helped by cost cuts and inventory controls. ...

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Malone Won't Rule Out Phone Deal for DirecTV

John C. Malone, the chairman of the DirecTV Group, is not ruling out a possible takeover of his company by AT&T or Verizon Communications, saying they would probably have closer ties to DirecTV as they develop packages of phone and television service. ...

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Geithner Hopes for Quick End to TARP

Treasury Secretary Timothy F. Geithner said Thursday that the government would end its $700 billion bailout program "as soon as we can," and that part of it would be used to lower the record deficit. ...

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Carlyle Group to Run Connecticut Rest Stops

The Carlyle Group said Thursday that it had signed a deal with Connecticut to refurbish and run the state's 23 highway service stops in return for a share of their revenues over the next 35 years. ...

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K.K.R. Posts First Profit as a Public Company

Kohlberg Kravis Roberts began life as a publicly traded company by reporting a $656.6 million profit for its third quarter, a sharp turnaround from a $465.6 million loss one year ago. ...

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Shelby Opposes Dodd's Financial Regulatory Bill

Senator Richard C. Shelby of Alabama, the ranking Republican on the Senate Banking Committee, said Thursday that he would vote against the financial regulatory bill proposed last week, setting the stage for what could be a contentious and drawn-out set of negotiations. ...

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