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Spain: no need for European funds to help banks
Spain: no need for European funds to help banks
Spain's economy minister says the country's banks do not need to be bolstered with European money, as suggested by France.More >>
Spain's economy minister says the country's banks do not need to be bolstered with European money, as suggested by France.More >>
Chinese company to buy US movie theater chain AMC
Chinese company to buy US movie theater chain AMC
A Chinese conglomerate has announced it will buy U.S. cinema chain AMC Entertainment Holdings for $2.6 billion to create the world's biggest movie theater operator.More >>
A Chinese conglomerate announced Monday it will buy a major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion in China's biggest takeover of an American company to date.More >>
Oil rises above $92 ahead of Iran nuclear talks
Oil rises above $92 ahead of Iran nuclear talks
Oil prices rose to near $92 a barrel Monday in Asia ahead of talks this week aimed at avoiding a military conflict over Iran's nuclear program.More >>
Oil rose above $92 a barrel Monday in Asia ahead of talks this week aimed at avoiding a military conflict over Iran's nuclear program.More >>
Germany insists no eurobonds to solve debt crisis
Germany insists no eurobonds to solve debt crisis
A German official says Berlin continues to oppose the idea of jointly-issued bonds for the eurozone, which France's new president had suggested could be used to fund economic growth.More >>
A German official says Berlin continues to oppose the idea of jointly-issued bonds for the eurozone, which France's new president had suggested could be used to fund economic growth.More >>
Ryanair posts record annual profit of ?560 million
Ryanair posts record annual profit of ?560 million
Budget airline Ryanair has reported record profits as its recession-resistant business model continues to attract passengers from higher-fare carriers.More >>
Budget airline Ryanair has reported record profits as its recession-resistant business model continues to attract passengers from higher-fare carriers.More >>
Asia stocks mixed after G8 vague on Europe fix
Asia stocks mixed after G8 vague on Europe fix
Asian stock markets struggled for direction Monday, with investors unconvinced that the world's major economies nailed a solution to the European debt crisis following a summit in Washington.More >>
Bargain-hunting helped Asian stock markets edge upward Monday, but gains were limited as investors remained unconvinced that the world's major economies nailed a solution to the European debt crisis following a summit in...More >>
Pakistan blocks Twitter over contentious tweets
Pakistan blocks Twitter over contentious tweets
The chairman of Pakistan's telecommunications authority says the government has blocked the social networking website Twitter because of material considered offensive to Islam.More >>
Pakistan blocked the social networking website Twitter for several hours because it refused to remove tweets considered offensive to Islam, said one of the country's top telecommunications officials.More >>
Economists more upbeat about job growth, housing
Economists more upbeat about job growth, housing
A new survey shows economists are growing slightly more optimistic about recovery in the job and housing markets but expect other pillars of the economy to remain weak.More >>
A new survey shows economists are growing slightly more optimistic about recovery in the job and housing markets but expect other pillars of the economy to remain weak.More >>
Obama sees 'emerging consensus' on economic fix
Obama sees 'emerging consensus' on economic fix
President Barack Obama says there's an "emerging consensus" that more must be done to promote jobs growth in Europe as the continent faces a daunting debt crisis.More >>
Confronting an economic crisis that threatens them all, President Barack Obama and leaders of other world powers on Saturday declared that their governments must both spark growth and cut the debt that has crippled the...More >>
Europe faces difficult search for growth
Europe faces difficult search for growth
On paper at least, European leaders agree: They need stronger growth measures to help their economies expand out of their 2½-year-old government debt crisis. Figuring out exactly what those new steps might be will be the...More >>
On paper at least, European leaders agree: They need stronger growth measures to help their economies expand out of their 2½-year-old government debt crisis. Figuring out exactly what those new steps might be will be the...More >>
Obama wants new banking rules put in place soon
Obama wants new banking rules put in place soon
President Barack Obama on Saturday pointed again to the multi-billion-dollar trading loss at JPMorgan Chase as a reason Congress should retain and continue to implement Wall Street reforms.More >>
President Barack Obama says the big trading loss at JPMorgan Chase shows the need to finally put in place banking rules he signed into law two years ago. He also is calling on Congress to stop trying to weaken the...More >>
Facebook's Mark Zuckerberg weds on day after IPO
Facebook's Mark Zuckerberg weds on day after IPO
Facebook founder and CEO Mark Zuckerberg has updated his status to "married."More >>
A day after the historic Facebook IPO, founder and CEO Mark Zuckerberg updated his status Saturday to "married."More >>
Google gets China OK for Motorola deal
Google gets China OK for Motorola deal
Google says authorities in China have approved its acquisition of Motorola Mobility. This brings the Internet search giant closer to completing its biggest deal ever.More >>
Authorities in China have approved Google Inc.'s bid to buy phone maker Motorola Mobility, clearing the way for the $12.5 billion deal to close early next week.More >>
Greeks' crisis is personal as well as political
Greeks' crisis is personal as well as political
President Karolos Papoulias has dissolved the Parliament elected on May 6 and set a new election date for June 17.More >>
Like many Greeks left unemployed by their country's economic tailspin, Dimitris Spachos finds it easier to talk about his nation's problems than his own.More >>
Fire risk prompts recall of nearly 87,000 Jeeps
Fire risk prompts recall of nearly 87,000 Jeeps
Chrysler is recalling nearly 87,000 Jeep Wranglers in the U.S., Canada and elsewhere due to a risk of fires.More >>
Chrysler is recalling nearly 87,000 Jeep Wranglers in the U.S., Canada and elsewhere due to a risk of fires.More >>
20,000 march at Frankfurt Occupy protest rally
20,000 march at Frankfurt Occupy protest rally
German police say some 10,000 activists are participating in a major rally of the local Occupy movement in Frankfurt.More >>
At least 20,000 people held a major rally of the local Occupy movement in Frankfurt on Saturday to decry austerity measures affecting much of Europe, the dominance of banks, and what they call untamed capitalism.More >>
Electric car network gets first test in Israel
Electric car network gets first test in Israel
Israeli entrepreneur Shai Agassi has begun rolling out the world's first nationwide electric car network. Now, will the drivers come?More >>
Israeli entrepreneur Shai Agassi has begun rolling out the world's first nationwide electric car network. Now, will the drivers come?More >>
Facebook stock finishes flat in debut
Facebook stock finishes flat in debut
Facebook is updating its status to "public company" as its stock jumps in its debut on the Nasdaq Stock Market.More >>
In the hours before Facebook's stock began trading on the Nasdaq Stock Market for the first time, CEO Mark Zuckerberg reminded the company's 3,500 employees not to get caught up in the hoopla surrounding its...More >>
Expect lower gas prices heading into Memorial Day
Expect lower gas prices heading into Memorial Day
By The Associated Press Oil prices are lower ahead of a weekend meeting where leaders of the world's biggest economies will look for ways to help Europe resolve its debt crisis.More >>
By SANDY SHORE AP Business Writer If you're lucky enough to live in some parts of the United States, you may see gas pump prices fall to around $3.25 a gallon or less in the next week or two. Even West...More >>
FDIC closes small bank in Alabama
FDIC closes small bank in Alabama
Federal regulators have seized a small bank in Alabama, bringing to 24 the number of U.S. banks that have failed so far this year.More >>
Federal regulators have seized a small bank in Alabama, bringing to 24 the number of U.S. banks that have failed so far this year.More >>
Spain may have to revise its 2011 budget deficit
Spain may have to revise its 2011 budget deficit
Concern grew for the stability of Spain's place in the fragile eurozone economy after reports of a rise in the level of bad loans on the books of its banks and word from the government Friday that it may have to revise...More >>
Concern grew for the stability of Spain's place in the fragile eurozone economy after reports of a rise in the level of bad loans on the books of its banks and word from the government Friday that it may have to revise...More >>
Questions and answers on blockbuster Facebook IPO
Questions and answers on blockbuster Facebook IPO
Taking a company public isn't as simple as collecting Facebook friends.More >>
Taking a company public isn't as simple as collecting Facebook friends.More >>
FACEBOOK IPO LIVE: The social network goes public
FACEBOOK IPO LIVE: The social network goes public
It's Facebook's big day. The site, which was born in a dorm room eight years ago, is making the most talked-about stock market debut in years. Here's some of what the AP is finding.More >>
By The Associated Press It's Facebook's big day.More >>
Business Highlights
Business Highlights
After all the hype, Facebook's first day as a public company ended where it began.More >>
After all the hype, Facebook's first day as a public company ended where it began.More >>
Highlights from Facebook's debut
Highlights from Facebook's debut
By The Associated Press Facebook's debut on the stock market was preceded by epic hype, delayed by a technical glitch and tracked minute-by-minute by investors around the world. In the end, the fuss...More >>
By The Associated Press Facebook's debut on the stock market was preceded by epic hype, delayed by a technical glitch and tracked minute-by-minute by investors around the world. In the end, the fuss...More >>
GM says Super Bowl ads too expensive and bows out
GM says Super Bowl ads too expensive and bows out
General Motors says that it costs too much to advertise during the Super Bowl.More >>
For General Motors, the price isn't right when it comes to an ad during next year's Super Bowl.More >>
News Summary: Wheat soars again on weather
News Summary: Wheat soars again on weather
By The Associated Press HOT AND DRY: Wheat futures soared another 5.7 percent Friday as concerns persisted about hot weather in the Southern Plains and the Ohio River Valley. Wheat is now up 16 percent...More >>
By The Associated Press HOT AND DRY: Wheat futures soared another 5.7 percent Friday as concerns persisted about hot weather in the Southern Plains and the Ohio River Valley. Wheat is now up 16 percent...More >>
News Summary: Europe worries push stocks down
News Summary: Europe worries push stocks down
By The Associated Press DOW UP: After six down days in a row, the Dow Jones industrial average close higher by 20 points. The Nasdaq still posted a tiny decline after Cisco said sales would be weaker than...More >>
By The Associated Press FUN WHILE IT LASTED: May 1, 2012, the Dow Jones industrial average hit its highest point in four years. It was ahead by 8.7 percent for the year that day. Now, it's up by 1.2...More >>
Intelsat files plans for public offering
Intelsat files plans for public offering
By The Associated Press Communications and satellite company Intelsat Global Holdings S.A has filed plans to go public and hopes to raise up to $1.75 billion in the initial public offering of its stock.More >>
By The Associated Press Communications and satellite company Intelsat Global Holdings S.A has filed plans to go public and hopes to raise up to $1.75 billion in the initial public offering of its stock.More >>
Unemployment rate falls in two-thirds of US states
Unemployment rate falls in two-thirds of US states
Unemployment rates fell in two-thirds of U.S. states last month, evidence that modest economic growth is boosting hiring in most areas of the country.More >>
The unemployment rate fell in two-thirds of U.S. states last month, evidence that modest economic growth is boosting hiring in most areas of the country.More >>
Greek politics, Spain banks test eurozone survival
Greek politics, Spain banks test eurozone survival
Spanish stocks dropped sharply early Friday morning after ratings agency Moody's downgraded its credit score of 16 Spanish banks in the latest blow to the troubled financial sector.More >>
Chaos in Greek politics and Spanish banking combined this week to underscore just how fragile Europe's economy remains after an eviscerating austerity regime that has spawned unemployment, desperation and misery. And...More >>
Friday's Treasury bond market at a glance
Friday's Treasury bond market at a glance
By The Associated Press Key barometers in the Treasury market late Friday, compared with late Thursday. Price changes in the 10-year note and 30-year bond are per $100 invested:More >>
By The Associated Press Key barometers in the Treasury market late Friday, compared with late Thursday. Price changes in the 10-year note and 30-year bond are per $100 invested:More >>
Dollar falls against euro for first time in a week
Dollar falls against euro for first time in a week
The dollar fell against the euro for the first time in a week, as excitement about Facebook's initial public offering overshadowed problems in Europe.More >>
The dollar fell against the euro for the first time in a week, as excitement about Facebook's initial public offering overshadowed problems in Europe.More >>
How the major stock indexes fared on Friday
How the major stock indexes fared on Friday
By The Associated Press Thursday was the day the Dow Jones industrial clawed its way back into positive territory after six losing days in a row.More >>
By The Associated Press Stocks fell Friday as investors set aside any excitement over the Facebook initial public offering and focused on Europe's debt problems. As recently as May 1, the Dow was up...More >>
Delta details airfare search glitch
Delta details airfare search glitch
Delta Air Lines said a glitch that appeared to show different airfares to frequent fliers happened because it was trying out a new company to power flight searches on its website.More >>
Delta Air Lines said a glitch that appeared to show different airfares to frequent fliers happened because it was trying out a new company to power flight searches on its website.More >>
State unemployment rates in April, at a glance
State unemployment rates in April, at a glance
By The Associated Press The unemployment rate fell in two-thirds of U.S. states last month, evidence that modest economic growth is boosting hiring in most areas of the country.More >>
By The Associated Press The unemployment rate fell in two-thirds of U.S. states last month, evidence that modest economic growth is boosting hiring in most areas of the country.More >>
Delta details airfare search glitch
Delta details airfare search glitch
Delta Air Lines says a glitch that appeared to show different airfares to frequent fliers happened because it was trying out a new company to power flight searches on its website.More >>
Delta Air Lines says a glitch that appeared to show different airfares to frequent fliers happened because it was trying out a new company to power flight searches on its website.More >>
Kraft Foods lowers prices on select coffee
Kraft Foods lowers prices on select coffee
By The Associated Press That morning cup is getting cheaper.More >>
By The Associated Press That morning cup is getting cheaper.More >>
Wheat jumps again on worries about dry weather
Wheat jumps again on worries about dry weather
By The Associated Press Wheat futures are soaring again as more concerns about dry weather hit the market.More >>
By The Associated Press Wheat futures soared again Friday as more concerns about dry weather hit the market.More >>
Spain may have to revise its 2011 budget deficit
Spain may have to revise its 2011 budget deficit
The Spanish government says it may have to revise its 2011 budget deficit upwards for a second time after spending by regional governments exceeded forecasts.More >>
The Spanish government says it may have to revise its 2011 budget deficit upwards for a second time after spending by regional governments exceeded forecasts.More >>
Stocks fall on Europe worries; Facebook debuts
Stocks fall on Europe worries; Facebook debuts
U.S. stock futures are rebounding as leaders of eight of the world's biggest economies begin to gather outside of Washington to determine how best to limit damage from the debt crises rattling Europe.More >>
By JOSHUA FREED AP Business Writer It's going to take more than Facebook's initial public offering to push the stock market higher.More >>
Chesapeake Energy to cut pay of outside directors
Chesapeake Energy to cut pay of outside directors
Natural gas and oil producer Chesapeake Energy Corp. says it will cut the pay of outside directors on its board by 20 percent and eliminate their use of company aircraft.More >>
Natural gas and oil producer Chesapeake Energy Corp. said Friday that it will cut the pay of outside directors on its board by 20 percent and eliminate their use of company aircraft.More >>
Greece: Germany's Merkel suggests euro referendum
Greece: Germany's Merkel suggests euro referendum
Greece's Parliament is to be dissolved so new elections can be held June 17.More >>
Germany's chancellor apparently waded into Greece's choppy political waters on Friday, when Athens said Angela Merkel suggested that the country should hold a referendum on the euro together with next month's...More >>
Figures on government spending and debt
Figures on government spending and debt
Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30.More >>
Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30.More >>
10-year Treasury yield rises from near record low
10-year Treasury yield rises from near record low
By The Associated Press Treasury yields are inching up a day after the yield on the 10-year note brushed near a record low.More >>
By The Associated Press U.S. Treasury yields inched up Friday a day after the yield on the 10-year note brushed near a record low.More >>
Recalls this week: Trampolines, unsafe crib tents
Recalls this week: Trampolines, unsafe crib tents
By The Associated Press Children's trampolines with a dangerous defect and a line of crib tents that have already proved deadly for one child are among this week's recalled products. Others include...More >>
By The Associated Press Children's trampolines with a dangerous defect and a line of crib tents that have already proved deadly for one child are among this week's recalled products. Others include...More >>
5 Questions for GM North America chief Mark Reuss
5 Questions for GM North America chief Mark Reuss
Mark Reuss has arguably the most important job at General Motors.More >>
Mark Reuss has arguably the most important job at General Motors.More >>
Oil falls below $92 a barrel
Oil falls below $92 a barrel
By The Associated Press On Friday crude oil prices fell ahead of a weekend meeting in which President Barack Obama and leaders of the world's biggest economies will search for ways to help Europe...More >>
By The Associated Press On Friday crude oil prices fell ahead of a weekend meeting in which President Barack Obama and leaders of the world's biggest economies will search for ways to help Europe...More >>
Dollar and precious metals at a glance
Dollar and precious metals at a glance
Key currency exchange rates Friday, compared with late Thursday in New York:More >>
Key currency exchange rates Friday, compared with late Thursday in New York:More >>
Salvage firm: Concordia wreckage gone by early '13
Salvage firm: Concordia wreckage gone by early '13
The head of a U.S.-owned marine salvage company chosen to remove the wreck of the Costa Concordia cruise ship from the waters off Tuscany is predicting the vessel will be ready for towing by early next year.More >>
Salvage experts plan to use water-filled cisterns to weigh down the above-sea side of the cruise liner capsized off the Italian coast - part of an effort to turn the massive vessel upright so that it can towed for demolition...More >>
Weekly US oil, gas rig count up by 12 to 1,986
Weekly US oil, gas rig count up by 12 to 1,986
The number of rigs actively exploring for oil and natural gas in the U.S. is up 12 this week to 1,986.More >>
The number of rigs actively exploring for oil and natural gas in the U.S. is up 12 this week to 1,986.More >>
News Summary: G-8 seeks to corral Europe crisis
News Summary: G-8 seeks to corral Europe crisis
By The Associated Press WEEKEND MEETING: Leaders of eight of the world's biggest economies meet this weekend outside Washington, seeking to keep Europe's debt crisis from spiraling out of control.More >>
By The Associated Press WEEKEND MEETING: Leaders of eight of the world's biggest economies meet this weekend outside Washington, seeking to keep Europe's debt crisis from spiraling out of control.More >>
News Summary: Taiwan's Ma set for 2nd term
News Summary: Taiwan's Ma set for 2nd term
By The Associated Press TENSIONS EASED: Taiwan President Ma Ying-jeou has leveraged growing economic ties with China to reduce tensions to their lowest level since the two sides split in 1949.More >>
By The Associated Press TENSIONS EASED: Taiwan President Ma Ying-jeou has leveraged growing economic ties with China to reduce tensions to their lowest level since the two sides split in 1949.More >>
News Summary: China rejects US solar dumping view
News Summary: China rejects US solar dumping view
By The Associated Press SOLAR STORM: China rejected a U.S. antidumping ruling against its makers of solar power equipment. The conflict has worsened U.S.-Chinese trade tensions. The two governments have...More >>
By The Associated Press SOLAR STORM: China rejected a U.S. antidumping ruling against its makers of solar power equipment. The conflict has worsened U.S.-Chinese trade tensions. The two governments have...More >>
European financial woes push markets lower
European financial woes push markets lower
World stocks dived Wednesday after a failure by Greece's political leaders to form a coalition government set the stage for new elections next month, keeping Europe's debt crisis center stage.More >>
Concerns that Europe's debt crisis could drag down parts of the continent's banking system rattled global markets on Friday, while the IPO of social network Facebook failed to buoy spirits on Wall Street.More >>
FACEBOOK FACE-OFF: Steer clear of the hype
FACEBOOK FACE-OFF: Steer clear of the hype
EDITOR'S NOTE - Facebook begins selling stock to the public Friday in the most talked-about market debut in years. Two Associated Press business writers are debating whether the stock is a smart buy.More >>
EDITOR'S NOTE - Facebook begins selling stock to the public Friday in the most talked-about market debut in years. Two Associated Press business writers are debating whether the stock is a smart buy.More >>
FACEBOOK FACE-OFF: Press the 'like' button, soon
FACEBOOK FACE-OFF: Press the 'like' button, soon
EDITOR'S NOTE - Facebook begins selling stock to the public Friday in the most talked-about market debut in years. Two Associated Press business writers are debating whether the stock is a smart buy.More >>
EDITOR'S NOTE - Facebook begins selling stock to the public Friday in the most talked-about market debut in years. Two Associated Press business writers are debating whether the stock is a smart buy.More >>
Oil edges up to near $93 after big 2-week sell-off
Oil edges up to near $93 after big 2-week sell-off
Oil prices hovered below $93 a barrel Friday in Asia, pausing after the latest twists in Europe's debt crisis triggered a sharp two-week selloff.More >>
By PABLO GORONDI Associated Press Oil prices edged toward $93 a barrel Friday as financial markets stabilized after a sharp two-week sell-off caused by the latest flare-up in Europe's debt crisis and a...More >>
Why you shouldn't buy Facebook stock today
Why you shouldn't buy Facebook stock today
By DAVE CARPENTER AP Personal Finance Writer Even the hottest initial public stock offerings can lose steam after their first day of trading.More >>
By DAVE CARPENTER AP Personal Finance Writer Even the hottest initial public stock offerings can lose steam after their first day of trading.More >>
Report: HSBC says regulations may prompt UK exit
Report: HSBC says regulations may prompt UK exit
HSBC may decide to sell its U.K. retail banking operations, depending on the impact of yet to be announced new banking regulations, published reports say.More >>
HSBC may decide to sell its U.K. retail banking operations, depending on the impact of yet to be announced new banking regulations, published reports say.More >>
Vietnam arrests 4 shipping executives in scandal
Vietnam arrests 4 shipping executives in scandal
State media say police have arrested four senior executives at a major state-owned shipping company for alleged mismanagement.More >>
State media say Vietnamese police have arrested four senior executives at a major state-owned shipping company for alleged mismanagement in another high-profile scandal.More >>
Germany's Schaeuble: crisis may last for 2 years
Germany's Schaeuble: crisis may last for 2 years
Germany's finance minister estimates that Europe's spiraling debt crisis could last up to another two years.More >>
Germany's finance minister estimates that Europe's spiraling debt crisis could last up to another two years.More >>
China rejects US ruling in solar dumping case
China rejects US ruling in solar dumping case
Leaders of China's solar power industry have rejected a U.S. antidumping ruling and say proposed punitive tariffs might disrupt efforts to promote clean energy.More >>
China's government on Friday rejected a U.S. antidumping ruling against its makers of solar power equipment and Chinese manufacturers warned possible higher tariffs might hurt efforts to promote clean energy.More >>
World stock markets sink on US, Europe worries
World stock markets sink on US, Europe worries
World stocks fell Friday after credit downgrades slapped on Spanish banks unnerved investors already worried about the stability of the 17-country euro currency union.More >>
World stocks fell Friday after credit downgrades slapped on Spanish banks unnerved investors already worried about the stability of the 17-country euro currency union.More >>
Glaxo undeterred by Human Genome 'poison pill'
Glaxo undeterred by Human Genome 'poison pill'
GlaxoSmithKline says it is persisting with its hostile bid to take over U.S. company Human Genome Sciences despite the target's new 'poison pill' defense.More >>
GlaxoSmithKline says it will persist with its bid to take over U.S. company Human Genome Sciences despite the target's new 'poison pill' defense.More >>
Asia stock markets sink on US, Europe worries
Asia stock markets sink on US, Europe worries
Asian stocks plunged Friday after discouraging U.S. economic reports unnerved investors already worried about the stability of the 17-country eurozone.More >>
Asian stocks dived Friday after discouraging U.S. economic reports unnerved investors already worried about the stability of the 17-country euro currency union.More >>
China shadow looming, Taiwan's Ma set for 2nd term
China shadow looming, Taiwan's Ma set for 2nd term
Taiwan's Ma Ying-jeou is set to begin his second presidential term caught between China's desire to exert greater influence over his democratic island and Taiwanese determination to maintain their de facto...More >>
Taiwan President Ma Ying-jeou has leveraged growing economic ties with China to reduce tensions to their lowest level since the two sides split in 1949. China's incessant effort to draw the democratic island closer...More >>
Japan launches rocket with first foreign satellite
Japan launches rocket with first foreign satellite
A Japanese rocket has lifted off with a South Korean satellite in Japan's first commercial launch of a foreign probe into space.More >>
A rocket has lifted off in Japan in the country's first commercial launch of a foreign satellite - one from South Korea designed to monitor the environment.More >>
Subdued Dimon is confronted over $2B trading loss
Subdued Dimon is confronted over $2B trading loss
JPMorgan Chase CEO Jamie Dimon is facing shareholders five days after disclosing a $2 billion trading loss.More >>
The CEO of JPMorgan Chase offered a quick but blunt apology to shareholders Tuesday for a $2 billion trading loss that "should never have happened" and survived a push to strip him of the title of chairman of the board.More >>
US economy picks up after early spring slump
US economy picks up after early spring slump
U.S. builders began work on more homes last month, evidence that the battered housing market is slowly healing.More >>
Maybe the U.S. economy's strength this winter wasn't just weather-related after all.More >>
Parent of Carl's Jr., Hardee's files for IPO
Parent of Carl's Jr., Hardee's files for IPO
The owner of fast-food chains Carl's Jr. and Hardee's is planning to go public again, seeking to raise an estimated $100 million.More >>
The owner of fast-food chains Carl's Jr. and Hardee's is planning to go public again, seeking to raise an estimated $100 million.More >>
Wal-Mart's 1Q profit up 10.1 percent
Wal-Mart's 1Q profit up 10.1 percent
Wal-Mart Stores Inc. reported a 10.1 percent increase in first-quarter profit that beat Wall Street estimates as its re-emphasis on low prices drove bargain-hungry U.S. shoppers into its stores. The world's largest...More >>
Wal-Mart may have gotten its groove back, but an alleged bribery scheme threatens to curtail its progress.More >>
Gap 1Q profit flat but outlook bright, shares rise
Gap 1Q profit flat but outlook bright, shares rise
Clothing seller Gap Inc. says its first-quarter net income was unchanged from a year ago as rising costs and a drop in overseas sales offset sales gains at its Old Navy, Gap and Banana Republic chains.More >>
Revenue gains at its Old Navy, Gap and Banana Republic chains and online helped clothing seller Gap Inc. overcome rising costs and post first-quarter net income on Thursday that was unchanged from a year earlier.More >>
Money market fund assets fall to $2.569 trillion
Money market fund assets fall to $2.569 trillion
Total U.S. money market mutual fund assets fell by $5.35 billion to $2.563 trillion for the week that ended Wednesday, the Investment Company Institute said Thursday.More >>
Total U.S. money market mutual fund assets fell by $5.35 billion to $2.563 trillion for the week that ended Wednesday, the Investment Company Institute said Thursday.More >>
Facebook's $16 billion IPO one of world's largest
Facebook's $16 billion IPO one of world's largest
Facebook's initial public offering could be one of the largest in history if its stock prices at the high end of its expected range on Thursday.More >>
Facebook's initial public offering of stock is shaping up to be one of the largest ever. The world's definitive online social network is raising at least $16 billion for the company and its early investors in a...More >>
JPMorgan CEO willing to appear before Senate panel
JPMorgan CEO willing to appear before Senate panel
JPMorgan Chase CEO Jamie Dimon is willing to testify at a congressional hearing this spring on the bank's $2 billion trading loss.More >>
JPMorgan Chase CEO Jamie Dimon is willing to testify at a congressional hearing this spring on the bank's $2 billion trading loss.More >>
Sears spins off Canada stake to focus on US stores
Sears spins off Canada stake to focus on US stores
Sears Holdings Corp. returned to a first-quarter profit, benefiting from a gain on the sale of some stores.More >>
Sears Holdings Corp. said Thursday it returned to a profit in the first quarter as it benefited from a gain on the sale of underperforming stores. The troubled retailer also said it would spinoff a stake in its Canada unit...More >>
Business Highlights
Business Highlights
Facebook's initial public offering of stock is shaping up to be one of the largest ever. The world's definitive online social network is raising at least $16 billion, a big windfall for a company that began eight...More >>
Facebook's initial public offering of stock is shaping up to be one of the largest ever. The world's definitive online social network is raising at least $16 billion, a big windfall for a company that began eight...More >>
Ten-year Treasury rate sinks near all-time low
Ten-year Treasury rate sinks near all-time low
By The Associated Press A key Treasury yield is finishing the day at a new low as worries over Europe and a weak report on the U.S. economy send traders into the safety of U.S. government bonds.More >>
By The Associated Press A benchmark Treasury yield neared an all-time low Thursday as worries over Europe and a weak report on the U.S. economy send traders into the safety of U.S. government bonds.More >>
Profiles of the 2 nominees to Fed board
Profiles of the 2 nominees to Fed board
By The Associated Press Profiles of President Barack Obama's two nominees to the seven-member Federal Reserve Board who were confirmed by the Senate on Thursday.More >>
By The Associated Press Profiles of President Barack Obama's two nominees to the seven-member Federal Reserve Board who were confirmed by the Senate on Thursday.More >>
Treasury bond market at a glance
Treasury bond market at a glance
By The Associated Press Key barometers in the Treasury market late Thursday, compared with late Wednesday. Price changes in the 10-year note and 30-year bond are per $100 invested:More >>
By The Associated Press Key barometers in the Treasury market late Thursday, compared with late Wednesday. Price changes in the 10-year note and 30-year bond are per $100 invested:More >>
Stocks slump again; 10-yr yield near all-time low
Stocks slump again; 10-yr yield near all-time low
Stock futures are falling, with unease about Europe overshadowing what is expected to be another positive U.S. employment report and also some big numbers from the world's largest retailer.More >>
Unable to shake their worries about Europe, investors drove stocks to a four-month low Thursday and piled into bonds, sending the yield on the 10-year Treasury note close to an all-time low.More >>
Spain banking sector shaken by report of bank run
Spain banking sector shaken by report of bank run
Spain managed to auction nearly €2.5 billion ($3.18 billion) in medium-term debt amid strong demand but at sharply higher interest rates reflecting concerns that the country will be caught up in the fallout of the Greek...More >>
Confidence in Spain's banks and its teetering economy was shaken Thursday after a newspaper reported that depositors were rushing to withdraw their money from Bankia, a troubled bank that was effectively nationalized...More >>
FDA OKs multiple companies to sell generic Plavix
FDA OKs multiple companies to sell generic Plavix
Cheaper generic versions of blood thinner Plavix, the world's second-best-selling medicine, have just been approved for sale.More >>
Patients taking the popular blood thinner Plavix now have the option of getting a less-expensive pill, following the approval Thursday of the first generic versions in the U.S.More >>
India gets onto mutual fund investors' radars
India gets onto mutual fund investors' radars
Investors who see opportunity in Asia's growth typically think of China first. That's one reason why there's no shortage of options for U.S. investors looking to buy a stock mutual fund that focuses on China.More >>
Investors who see opportunity in Asia's growth typically think of China first. That's one reason why there's no shortage of options for U.S. investors looking to buy a stock mutual fund that focuses on China.More >>
How the major US stock indexes fared
How the major US stock indexes fared
By The Associated Press Stock markets fell after a pair of discouraging economic reports exacerbated investors' fears over turmoil stemming from Greece's possible exit from euro.More >>
By The Associated Press Stock markets fell after a pair of discouraging economic reports exacerbated investors' fears over turmoil stemming from Greece's possible exit from euro.More >>
Moody's downgrades 16 Spanish banks
Moody's downgrades 16 Spanish banks
By The Associated Press Moody's Investors Service is downgrading the ratings of 16 Spanish banks because of the country's worsening financial picture.More >>
By The Associated Press Moody's Investors Service is downgrading the ratings of 16 Spanish banks because of the country's worsening financial picture.More >>
A look at US mutual funds specializing in India
A look at US mutual funds specializing in India
By The Associated Press Long-term growth prospects in India are drawing the attention of mutual fund companies in the U.S. Ten U.S. funds specialize in Indian stocks, and half of those have been launched...More >>
By The Associated Press Long-term growth prospects in India are drawing the attention of mutual fund companies in the U.S. Ten U.S. funds specialize in Indian stocks, and half of those have been launched...More >>
News Summary: Dow has its 11th loss in 12 days
News Summary: Dow has its 11th loss in 12 days
By The Associated Press HOW NOW, DOW JONES: The Dow Jones industrial average posted its 11th loss in 12 days as U.S. economic data exacerbated investors' fears over Europe. The two-week slump...More >>
By The Associated Press HOW NOW, DOW JONES: The Dow Jones industrial average posted its 11th loss in 12 days as U.S. economic data exacerbated investors' fears over Europe. The two-week slump...More >>
Senate confirms 2 Federal Reserve board nominees
Senate confirms 2 Federal Reserve board nominees
The Senate has confirmed President Barack Obama's two nominees to the Federal Reserve Board, bringing the seven-member board to full strength for the first time since April 2006.More >>
The Senate has confirmed President Barack Obama's two nominees to the Federal Reserve Board, bringing the seven-member board to full strength for the first time since April 2006.More >>
Dollar rises against euro on worries over Greece
Dollar rises against euro on worries over Greece
Fears that Greece will need to leave the single currency union is pushing the dollar to a four-month high against the euro.More >>
Fears that Greece will need to leave the single currency union pushed the dollar to a four-month high against the euro Thursday.More >>
Dollar and precious metals at a glance
Dollar and precious metals at a glance
Key currency exchange rates Thursday, compared with late Wednesday in New York:More >>
Key currency exchange rates Thursday, compared with late Wednesday in New York:More >>
Figures on government spending and debt
Figures on government spending and debt
Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30.More >>
Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30.More >>
Chevrolet to debut rear-wheel-drive SS next year
Chevrolet to debut rear-wheel-drive SS next year
For the first time in nearly two decades, the Chevrolet brand will have a rear-wheel-drive sedan in its U.S. lineup.More >>
For the first time in nearly two decades, the Chevrolet brand will have a big, rear-wheel-drive sedan in its U.S. lineup.More >>
Wheat, gold, silver rise in a down market
Wheat, gold, silver rise in a down market
By The Associated Press Prices for wheat and precious metals are ending higher, a rare flash of bullish news on a down day for the markets.More >>
By The Associated Press Wheat prices rose again Thursday on concerns about poor weather conditions, while gold and silver shot higher as traders sought refuge from a steep decline in the stock market.More >>
A ranking of airline bag fee revenue
A ranking of airline bag fee revenue
By The Associated Press U.S. airlines' revenue from checked bag fees fell last year for the first time since they started collecting them, signaling that more passengers are packing light to save cash....More >>
By The Associated Press U.S. airlines' revenue from checked bag fees fell last year for the first time since they started collecting them, signaling that more passengers are packing light to save cash....More >>
Natural gas prices drop on rising supplies
Natural gas prices drop on rising supplies
By SANDY SHORE AP Business Writer The price of natural gas is plunging as supplies continue to build and mild weather is curtailing demand in parts of the country.More >>
By SANDY SHORE AP Business Writer Natural gas is no longer at decade lows, but the price remains sensitive to reports of any significant increase in supply.More >>
Altria CEO conducts his final shareholder meeting
Altria CEO conducts his final shareholder meeting
Outgoing Altria Group CEO Michael Szymanczyk (sih-MAN-sick) finished his final shareholder meeting much the same way as his first - fielding attacks against the nation's largest tobacco company.More >>
Outgoing Altria Group Inc. CEO Michael E. Szymanczyk finished his final shareholder meeting on Thursday much the same way as his first - fielding attacks against the nation's largest tobacco company.More >>
News Summary: Wheat, gold rise; oil falls
News Summary: Wheat, gold rise; oil falls
By The Associated Press APPETITE FOR WHEAT: Wheat has been climbing this week as investors worry that dry weather in Russia and the U.S. will crimp supply. Wheat climbed 3 percent, or 19 cents per bushel,...More >>
By The Associated Press APPETITE FOR WHEAT: Wheat has been climbing this week as investors worry that dry weather in Russia and the U.S. will crimp supply. Wheat climbed 3 percent, or 19 cents per bushel,...More >>
Oil falls slightly to end near $92 a barrel
Oil falls slightly to end near $92 a barrel
By The Associated Press The price of oil fell Thursday as worries persisted about the future of Greece in the European Union and the long-term impact that region's financial crisis could have on the...More >>
By The Associated Press The price of oil fell Thursday as worries persisted about the future of Greece in the European Union and the long-term impact that region's financial crisis could have on the...More >>
Fitch downgrades Greece, cites euro exit risk
Fitch downgrades Greece, cites euro exit risk
Fitch ratings agency has downgraded crisis-hit Greece by one notch to CCC, citing the "heightened risk" that the country may be forced to abandon the euro currency union.More >>
Fitch ratings agency downgraded debt-crippled Greece deeper into junk territory on Thursday, warning of a "probable" Greek exit from the euro currency union if new national elections next month produce an anti-bailout...More >>
Airlines make less on checked bags last year
Airlines make less on checked bags last year
U.S. airlines' revenue from bag fees fell last year for the first time since they started collecting fees in 2008. But that doesn't mean travelers paid less; there were simply fewer fliers.More >>
U.S. airlines' revenue from bag fees fell last year for the first time since they started collecting them, signaling that more passengers are packing light to save cash when they fly.More >>
Box Office Preview: Expect Avengers to win battle
Box Office Preview: Expect Avengers to win battle
Disney/Marvel's "The Avengers" should top the domestic box office for a third straight weekend, fending off wide-release newcomers with another $50 million in receipts.More >>
Disney/Marvel's "The Avengers" should top the domestic box office for a third straight weekend, fending off wide-release newcomers with another $50 million in receipts.More >>
Fitch: 29 biggest banks may have to raise $566B
Fitch: 29 biggest banks may have to raise $566B
Fitch Ratings says the world's 29 biggest banks together may have to raise $566 billion by the end of 2018 to meet new international requirements for holding cushions against risk.More >>
Fitch Ratings said Thursday that the world's 29 biggest banks together may have to raise $566 billion by the end of 2018 to meet new international requirements for holding cushions against risk.More >>
Caretaker Greek Cabinet, legislators sworn in
Caretaker Greek Cabinet, legislators sworn in
Greece is swearing in the caretaker cabinet that will lead the country into repeat elections next month, after a deadlocked vote sparked more political turmoil and brought the country's euro membership into question.More >>
Greece on Thursday swore in 300 legislators for just one day before it dissolves Parliament and calls new elections, among them 21 lawmakers from Golden Dawn - arguably the most far-right party to be involved in a European...More >>
Buffett's Berkshire to buy Media General papers
Buffett's Berkshire to buy Media General papers
Billionaire Warren Buffett's company is making its largest foray into newspapers yet, agreeing to buy 63 papers from Media General Inc.More >>
Billionaire Warren Buffett's company is making another foray into newspapers, agreeing to buy 63 newspapers from Media General Inc. for $142 million.More >>
France's new Socialist govt cuts members' salaries
France's new Socialist govt cuts members' salaries
Members of France's new Socialist-led government are taking office and preparing for their first Cabinet meeting with President Francois Hollande.More >>
French President Francois Hollande's new Socialist-led government adopted a 30 percent pay cut Thursday, a gesture of shared sacrifice by leaders who must now reduce the country's massive debts and tackle spiraling...More >>
One shareholder's lonely pro-smoking battle
One shareholder's lonely pro-smoking battle
By CHRISTINA REXRODE AP Business Writer This time of year, shareholders bombard corporations with suggestions about executive pay, governance and other arcana. But once in a while, an idea comes along that...More >>
By CHRISTINA REXRODE AP Business Writer This time of year, shareholders bombard corporations with suggestions about executive pay, governance and other arcana. But once in a while, an idea comes along that...More >>
Smart Spending: Eat your vegetables _ for less
Smart Spending: Eat your vegetables _ for less
We hear it time and time again - "Eat your veggies!" From the grocery aisle to the farmers market, vegetables are plentiful. But it is all too easy to wind up with wan, dried-out carrots from the supermarket or overpriced...More >>
We hear it time and time again - "Eat your veggies!" From the grocery aisle to the farmers market, vegetables are plentiful. But it is all too easy to wind up with wan, dried-out carrots from the supermarket or overpriced...More >>
US unemployment aid applications stay at 370,000
US unemployment aid applications stay at 370,000
The number of people seeking unemployment benefits was unchanged last week, suggesting steady gains in the job market.More >>
The number of people seeking U.S. unemployment benefits was unchanged last week, suggesting modest but steady gains in the job market.More >>
Plane slides off German runway, 1 slightly hurt
Plane slides off German runway, 1 slightly hurt
An airline says one of its planes, which was carrying 62 people, made an emergency landing at Germany's Munich airport where it slid off the runway. One passenger was slightly injured.More >>
An airline says one of its planes, which was carrying 62 people, made an emergency landing at Germany's Munich airport where it slid off the runway. One passenger was slightly injured.More >>
Israeli military chief of staff to visit China
Israeli military chief of staff to visit China
An Israeli official says the country's military chief of staff will be making an official visit to China in a sign of warming security ties between the countries.More >>
An Israeli official says the country's military chief of staff will be making an official visit to China in a sign of warming security ties between the countries.More >>
US mortgage rates for past 52 weeks at a glance
US mortgage rates for past 52 weeks at a glance
By The Associated Press Average U.S. rates for 30-year and 15-year fixed mortgages fell this week to record lows for the third straight week. The low rates make it one of the most affordable times in...More >>
By The Associated Press Average U.S. rates for 30-year and 15-year fixed mortgages fell this week to record lows for the third straight week. The low rates make it one of the most affordable times in...More >>
News Summary: CEO of Canadian Pacific resigns
News Summary: CEO of Canadian Pacific resigns
By The Associated Press PULLING OUT: The embattled CEO of Canadian Pacific Railway is leaving, ending a months-long battle that pitted New York activist Bill Ackman against a board stacked with Canadian...More >>
By The Associated Press PULLING OUT: The embattled CEO of Canadian Pacific Railway is leaving, ending a months-long battle that pitted New York activist Bill Ackman against a board stacked with Canadian...More >>
US natural gas supplies grew last week
US natural gas supplies grew last week
The nation's natural gas supplies rose last week, the government said Thursday.More >>
The nation's natural gas supplies rose last week, the government said Thursday.More >>
Jailed US businessman on hunger strike in Dubai
Jailed US businessman on hunger strike in Dubai
An American businessman jailed for more than four years in Dubai under suspicion of corruption has started a hunger strike to push for a trial and seek greater U.S. diplomatic pressure in his case.More >>
An American businessman jailed for more than four years in Dubai under suspicion of corruption has started a hunger strike to push for a trial and seek greater U.S. diplomatic pressure in his case.More >>
Gauge of US economy dipped 0.1 percent in April
Gauge of US economy dipped 0.1 percent in April
A measure of future U.S. economic activity fell in April after six months of increases. The drop reflected weakness in housing and hiring.More >>
A measure of future U.S. economic activity fell in April after six months of increases. The drop reflected fewer requests for building permits and a temporary spike in applications for unemployment benefits.More >>
Manufacturing shrinks in mid-Atlantic region
Manufacturing shrinks in mid-Atlantic region
Manufacturing activity contracted in the mid-Atlantic region in May for the first time in eight months. New orders decreased and firms cut jobs.More >>
Manufacturing activity contracted in the mid-Atlantic region in May for the first time in eight months. New orders decreased and firms cut jobs.More >>
US 30-year mortgage rate falls to record 3.79 pct.
US 30-year mortgage rate falls to record 3.79 pct.
Average U.S. rates for 30-year and 15-year fixed mortgages fell to record lows for the third straight week. The steady decline has made home-buying and refinancing more affordable than ever for those who can qualify.More >>
Average U.S. rates for 30-year and 15-year fixed mortgages fell to record lows for the third straight week. The steady decline has made home-buying and refinancing more affordable than ever for those who can qualify.More >>
Berlin airport opening delayed further
Berlin airport opening delayed further
Berlin's mayor says the planned opening of the city's €2.5 billion ($3.18 billion) new airport must be further delayed until spring of next year.More >>
The opening of Berlin's new €2.5-billion ($3.18-billion) airport must be further delayed until spring of next year, the capital's mayor said Thursday, in a growing embarrassment for city officials.More >>
Average US rate on 30-year fixed mortgage down to record low of 3.79 pct.; 15-year also record
Average US rate on 30-year fixed mortgage down to record low of 3.79 pct.; 15-year also record
Average US rate on 30-year fixed mortgage hits record low of 3.79 percent; 15-year also record.More >>
Average US rate on 30-year fixed mortgage hits record low of 3.79 percent; 15-year also record.More >>
UK's Cameron urges action to resolve euro crisis
UK's Cameron urges action to resolve euro crisis
British Prime Minister David Cameron is urging Europe to sort out its currency crisis, calling on the 17-country eurozone to "to make-up or it is looking at a potential break-up.More >>
British Prime Minister David Cameron on Thursday urged Europe to sort out its currency crisis, calling on the 17-country eurozone "to make-up or it is looking at a potential break-up."More >>
Russian markets hit 8-month low on oil price drop
Russian markets hit 8-month low on oil price drop
Russia's MICEX benchmark has shed nearly 3 percent to hit its lowest point since Oct. 5, as oil prices keep falling, lowering revenue from its lucrative sector and as fears grow that Greece's political crisis will...More >>
Russia's main stock index on Thursday hit its lowest point since Oct. 5 as oil prices keep falling, lowering revenue from the country's lucrative energy sector and as fears grow that Greece's political crisis...More >>
Human Genome board adopts 'poison pill' measure
Human Genome board adopts 'poison pill' measure
Human Genome Sciences says its board has adopted a "poison pill" shareholder rights plan to ward off unsolicited takeover bids for the biotech drugmaker.More >>
Biotech drugmaker Human Genome Sciences Inc.'s board has adopted a "poison pill" shareholder rights plan to ward off unsolicited takeover bids, and it also has rejected a buyout offer worth nearly $2.6 billion from...More >>
Oil dips further below $93 on euro crisis concern
Oil dips further below $93 on euro crisis concern
By PABLO GORONDI Associated Press Oil prices edged further below $93 a barrel on Thursday, extending a sharp two-week sell-off, as traders monitored Europe's debt crisis and its potential impact on...More >>
By PABLO GORONDI Associated Press Oil prices edged further below $93 a barrel on Thursday, extending a sharp two-week sell-off, as traders monitored Europe's debt crisis and its potential impact on...More >>
Agilent to buy diagnostics co. Dako for $2.2B
Agilent to buy diagnostics co. Dako for $2.2B
Agilent Technologies and Swedish private equity group EQT say they've reached a deal to buy Dako, a Denmark-based cancer diagnostic company, for about $2.2 billion.More >>
Agilent Technologies Inc. said Thursday that it is buying Dako, a Denmark-based cancer diagnostic company, for about $2.2 billion to help it develop a wider range of cancer-fighting products, expand Agilent's life...More >>
Honda recalls nearly 53,000 Acura TL sedans in US
Honda recalls nearly 53,000 Acura TL sedans in US
Honda says it's recalling nearly 53,000 Acura TL sedans in the U.S. to fix a problem with power steering hoses.More >>
Honda says it's recalling nearly 53,000 Acura TL sedans in the U.S. to fix a problem with power steering hoses.More >>
Wal-Mart's 1Q profit up 10.1 percent
Wal-Mart's 1Q profit up 10.1 percent
Wal-Mart Stores Inc. is reporting a 10.1 percent increase in first-quarter profit as the world's largest retailer's re-emphasis on low prices continues to woo back bargain-hungry shoppers in an uncertain economy.More >>
Wal-Mart Stores Inc. is reporting a 10.1 percent increase in first-quarter profit as the world's largest retailer's re-emphasis on low prices continues to woo back bargain-hungry shoppers in an uncertain economy.More >>
GM's Vauxhall announces new Astra at UK plant
GM's Vauxhall announces new Astra at UK plant
British autoworkers have overwhelmingly backed a job deal which clears the way for renewed investment at General Motors' Vauxhall plant in northern England.More >>
General Motors' Vauxhall plant in northern England will build the company's top-selling Astra vehicles, the automaker said Thursday - a relief for U.K. politicians who had lobbied its American owner to keep the plant...More >>
Iran's parliament approves $462 billion budget
Iran's parliament approves $462 billion budget
Iran's parliament on Thursday signed off on a $462 billion budget bill for the current Iranian year that is about 9 percent less than the budget approved in the previous calendar year, a consequence attributed to the new...More >>
Iran's parliament on Thursday signed off on a $462 billion budget bill for the current Iranian year that is about 9 percent less than the budget approved in the previous calendar year, a consequence attributed to the new...More >>
New Japan auto chief promises to keep production
New Japan auto chief promises to keep production
Toyota Motor Corp. President Akio Toyoda took the helm at Japan's auto industry group Thursday with a promise to keep production and jobs at home to help along the country's recovery from last year's disaster.More >>
Toyota Motor Corp. President Akio Toyoda took the helm at Japan's auto industry group Thursday with a promise to keep production and jobs at home to help along the country's recovery from last year's disaster.More >>
World stocks mixed amid bargain-hunting vs caution
World stocks mixed amid bargain-hunting vs caution
Asian stocks eked out gains Thursday as traders hunted for bargains after sharp selling in recent days, but markets in Europe fell amid intensifying fears of a messy exit by Greece from the euro common currency.More >>
Asian stocks eked out gains Thursday as traders hunted for bargains after sharp selling in recent days, but markets in Europe fell amid intensifying fears of a messy exit by Greece from the euro common currency.More >>
Japan's economy grows 4.1 percent amid recovery
Japan's economy grows 4.1 percent amid recovery
Japan's economy grew at an annual rate of 4.1 percent from January to March amid a gradual recovery from last year's catastrophic earthquake and tsunami.More >>
Japan's economy grew an at annual rate of 4.1 percent in the first quarter amid a gradual recovery from last year's catastrophic earthquake and tsunami.More >>
Ford takes on Toyota with lower-priced hybrid
Ford takes on Toyota with lower-priced hybrid
Ford is taking on Toyota in the hybrid market.More >>
Ford is taking on Toyota in the hybrid market.More >>
Report: Fewer US homes foreclosed upon in April
Report: Fewer US homes foreclosed upon in April
National foreclosure trends took a positive turn in April, as the number of homes seized by banks declined and fewer properties entered into the foreclosure process.More >>
National foreclosure trends took a positive turn in April, as the number of homes seized by banks declined and fewer properties entered into the foreclosure process.More >>
Oil hovers near $93 as trader mull Europe turmoil
Oil hovers near $93 as trader mull Europe turmoil
The price of oil continues to decline as supplies grow in the U.S.More >>
Oil prices hovered near $93 a barrel Thursday in Asia as traders mulled whether concern over Europe's debt crisis justifies extending a sharp sell-off during the last two weeks.More >>
Singapore Q1 economic growth slows to 1.6 percent
Singapore Q1 economic growth slows to 1.6 percent
Singapore says its economic growth slowed in the first quarter as manufacturing fell.More >>
Singapore's economic growth slowed in the first quarter as the government warned Thursday that political upheaval in Europe threatens to undermine the global economy.More >>
J.C. Penney's shares in free-fall after 1Q loss
J.C. Penney's shares in free-fall after 1Q loss
Wall Street doesn't seem to like J.C. Penney's new everyday low pricing any better than Main Street does.More >>
Wall Street doesn't seem to like J.C. Penney's new everyday low pricing any better than Main Street does.More >>
J.C. Penney's shares in free-fall after 1Q loss
J.C. Penney's shares in free-fall after 1Q loss
Wall Street doesn't seem to like J.C. Penney's new everyday low pricing any better than Main Street does.More >>
Wall Street doesn't seem to like J.C. Penney's new everyday low pricing any better than Main Street does.More >>
Target's 1Q profits up 1.2 percent
Target's 1Q profits up 1.2 percent
Target Corp. is reporting a 1.2 percent increase in first-quarter profit as the discount chain pulled in more shoppers with its food and trendy fashions.More >>
Target Corp. raised its profit outlook Wednesday after reporting better-than-expected first-quarter results that were boosted by increased spending on food and cheap chic fashions.More >>
News Summary: JPMorgan loss seen raising questions
News Summary: JPMorgan loss seen raising questions
By The Associated Press BIG JPMORGAN LOSS CITED: A key House Republican says the $2 billion trading loss at JPMorgan Chase raises critical questions about how banks control risks. Republican lawmakers...More >>
By The Associated Press BIG JPMORGAN LOSS CITED: A key House Republican says the $2 billion trading loss at JPMorgan Chase raises critical questions about how banks control risks. Republican lawmakers...More >>
Business Highlights
Business Highlights
Responding to extraordinary demand, Facebook said Wednesday that it would sell more stock in the company's initial public offering. But ahead of the IPO, a debate emerged between two of the nation's largest...More >>
Responding to extraordinary demand, Facebook said Wednesday that it would sell more stock in the company's initial public offering. But ahead of the IPO, a debate emerged between two of the nation's largest...More >>
Greece gets caretaker PM until next vote in June
Greece gets caretaker PM until next vote in June
Greece's president is to convene the crisis-struck country's political leaders once more, this time to appoint a caretaker government that will lead the country into new elections next month.More >>
A senior judge was sworn in Wednesday to head Greece's caretaker government for a month as the debt-crippled country lurches through a political crisis that threatens its membership in the 17-nation eurozone.More >>
Deere fiscal 2Q profit rises, beats expectations
Deere fiscal 2Q profit rises, beats expectations
Deere is posting a 17 percent spike in profits for the second quarter is raising its outlook for the year, with farm receipts expected to hit historic heights.More >>
Deere posted a 17 percent spike in second quarter profit Wednesday and boosted its outlook for the year, predicting record-high global demand for its signature tractors, harvesters and seeders.More >>
News Summary: Wheat surges 5 percent on weather
News Summary: Wheat surges 5 percent on weather
By The Associated Press COOKED WHEAT: Dry, hot temperatures in the U.S. and a drought in Russia had investors anticipating that supplies might be tight. Wheat surged 5 percent, corn rose 4 percent.More >>
By The Associated Press COOKED WHEAT: Dry, hot temperatures in the U.S. and a drought in Russia had investors anticipating that supplies might be tight. Wheat surged 5 percent, corn rose 4 percent.More >>
Key Republican: JPMorgan $2B loss raises questions
Key Republican: JPMorgan $2B loss raises questions
The $2 billion trading loss at JPMorgan Chase should feature prominently Wednesday when lawmakers debate how best to regulate banks big enough to bring down the broader financial system.More >>
A key House Republican says the $2 billion trading loss at JPMorgan Chase raises critical questions about how banks control their risks. But Republican lawmakers rejected calls from Democrats for stricter regulation.More >>
Study: US clears drugs faster than Europe, Canada
Study: US clears drugs faster than Europe, Canada
Researchers say the U.S. approved more new medicines in less time than Europe and Canada in the last decade, challenging long-standing criticisms that the Food and Drug Administration lags behind its peers in clearing...More >>
Researchers say the U.S. approved more new medicines in less time than Europe and Canada in the last decade, challenging long-standing criticisms that the Food and Drug Administration lags behind its peers in clearing...More >>
How the major US stock indexes fared on Wednesday
How the major US stock indexes fared on Wednesday
By The Associated Press Stock markets fell on worries that Greece would exit the euro bloc and throw the global markets into further turmoil. New elections were called in Greece for June 17 after coalition...More >>
By The Associated Press Stock markets fell on worries that Greece would exit the euro bloc and throw the global markets into further turmoil. New elections were called in Greece for June 17 after coalition...More >>
Treasury bond market at a glance
Treasury bond market at a glance
By The Associated Press Key barometers in the Treasury market late Wednesday, compared with late Tuesday. Price changes in the 10-year note and 30-year bond are per $100 invested:More >>
By The Associated Press Key barometers in the Treasury market late Wednesday, compared with late Tuesday. Price changes in the 10-year note and 30-year bond are per $100 invested:More >>
Wheat soars on dry weather; crude and gold sink
Wheat soars on dry weather; crude and gold sink
By The Associated Press Wheat futures soared 5 percent as dry weather in the U.S. brought worries that the crop wouldn't be nearly as large as traders had expected.More >>
By The Associated Press Wheat futures soared 5 percent as dry weather in the U.S. brought worries that the crop wouldn't be nearly as large as traders had expected.More >>
Dollar continues to rally on fears about Greece
Dollar continues to rally on fears about Greece
Worries that Greece will drop out of the euro currency union are pushing the dollar higher against most other currencies.More >>
Worries that Greece will drop out of the euro currency union continued to push the dollar higher against most other currencies Wednesday.More >>
News Summary: Markets hit new lows on Greece
News Summary: Markets hit new lows on Greece
By The Associated Press GREEK DRAMA: Stock markets fell on worries that Greece would exit the euro bloc and throw the global markets into further turmoil. New elections were called in Greece for June 17...More >>
By The Associated Press GREEK DRAMA: Stock markets fell on worries that Greece would exit the euro bloc and throw the global markets into further turmoil. New elections were called in Greece for June 17...More >>
Greek turmoil spreads pessimism across markets
Greek turmoil spreads pessimism across markets
U.S. stock futures are edging higher on strong data from the housing sector, yet worries persist that Greek debt problems could fracture the European Union and roil global markets.More >>
The unending turmoil in Greece spread fallout across the financial markets Wednesday. The Dow Jones industrial average fell for the ninth day out of 10, and gold, oil, and the euro all dropped to multi-month lows.More >>
A look at economic developments around the globe
A look at economic developments around the globe
By The Associated Press A look at economic developments and activity in major stock markets around the world Wednesday:More >>
By The Associated Press A look at economic developments and activity in major stock markets around the world Wednesday:More >>
Delta says frequent fliers saw different fares
Delta says frequent fliers saw different fares
Delta Air Lines says it may have charged some frequent fliers higher fares than other customers for almost three weeks because of a computer glitch.More >>
Delta Air Lines may have charged some frequent fliers higher fares than other customers for almost three weeks because of a computer glitch.More >>
Companies ask: Does advertising on Facebook pay?
Companies ask: Does advertising on Facebook pay?
Facebook's owners now plan to sell 25 percent more shares in the company as investors clamor for shares in the year's hottest stock offering.More >>
Responding to extraordinary demand, Facebook said Wednesday that it would sell more stock in the company's initial public offering. But ahead of the IPO, a debate emerged between two of the nation's largest...More >>
Lower oil prices ease load on consumers and Obama
Lower oil prices ease load on consumers and Obama
A threat that's been hanging over the economy is starting to look a lot less menacing.More >>
A threat that's been hanging over the economy is starting to look a lot less menacing.More >>
News Summary: Homebuilding, factory output rise
News Summary: Homebuilding, factory output rise
By The Associated Press HOUSING STARTS RISE: U.S. homebuilding rose to nearly a three-year high in April. Builders broke ground at a seasonally adjusted annual pace of 717,000 homes, the Commerce...More >>
By The Associated Press HOUSING STARTS RISE: U.S. homebuilding rose to nearly a three-year high in April. Builders broke ground at a seasonally adjusted annual pace of 717,000 homes, the Commerce...More >>
Figures on government spending and debt
Figures on government spending and debt
Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30.More >>
Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30.More >>
Dollar and precious metals at a glance
Dollar and precious metals at a glance
Key currency exchange rates Wednesday, compared with late Tuesday in New York:More >>
Key currency exchange rates Wednesday, compared with late Tuesday in New York:More >>
Fed: Several members could support further easing
Fed: Several members could support further easing
Federal Reserve policymakers are open to further efforts to stimulate the U.S. economy if growth falters or threats escalate.More >>
Federal Reserve policymakers are open to further efforts to stimulate the U.S. economy if growth falters or threats escalate.More >>
Greek fears push 10-year Treasury rate to 2012 low
Greek fears push 10-year Treasury rate to 2012 low
By The Associated Press Fears that Greece will drop the euro are pushing a key Treasury yield to the lowest level this year.More >>
By The Associated Press Fears that Greece will drop the euro pushed a key Treasury yield to the lowest level this year.More >>
France's new prime minister names Cabinet
France's new prime minister names Cabinet
France's new prime minister Jean-Marc Ayrault is taking up his new responsibilities, a day after the country's new Socialist president was sworn in.More >>
Jean-Marc Ayrault, a moderate Socialist with an affinity for Germany, took office as France's prime minister on Wednesday and got to work by naming his Cabinet - a lineup that includes allies and veterans of previous...More >>
FTC: Skechers deceived consumers with shoe ads
FTC: Skechers deceived consumers with shoe ads
Claims that Skechers' fitness shoes can help shed pounds and tone muscles are sketchy at best, says the government - and they're going to cost the company millions of dollars.More >>
The government wants you to know that simply sporting a pair of Skechers' fitness shoes is not going to get you Kim Kardashian's curves or Brooke Burke's toned tush.More >>
Mueller confirms preliminary probe of JPMorgan
Mueller confirms preliminary probe of JPMorgan
FBI Director Robert Mueller says the bureau has launched a preliminary investigation of JPMorgan Chase & Co. following a $2 billion trading loss at the bank.More >>
FBI Director Robert Mueller says the bureau has launched a preliminary investigation of JPMorgan Chase & Co. following a $2 billion trading loss at the bank.More >>
Dutch lawmaker to try to nix bailout fund in court
Dutch lawmaker to try to nix bailout fund in court
Dutch lawmaker Geert Wilders says he will file a lawsuit to block the Netherlands from ratifying the permanent European bailout fund.More >>
Dutch lawmaker Geert Wilders says he will file a lawsuit to block the Netherlands from ratifying the permanent European bailout fund.More >>
News Summary: PetroChina in Canada LNG project
News Summary: PetroChina in Canada LNG project
By The Associated Press CHINA CONNECTION: Asian energy giant PetroChina plans to join with Shell Canada and major energy companies in Japan and South Korea to develop a liquefied natural gas export project...More >>
By The Associated Press CHINA CONNECTION: Asian energy giant PetroChina plans to join with Shell Canada and major energy companies in Japan and South Korea to develop a liquefied natural gas export project...More >>
UK judge: Kazakh banker can appeal while hiding
UK judge: Kazakh banker can appeal while hiding
A British judge says a Kazakh banker can remain in hiding while appealing his prison sentence.More >>
A former Kazakh banker accused of embezzling $5 billion can remain in hiding while appealing his prison sentence, a British judge ruled Wednesday.More >>
Shareholders sue JPMorgan over $2B trading loss
Shareholders sue JPMorgan over $2B trading loss
Shareholders of JPMorgan Chase & Co. have filed two lawsuits against the nation's biggest bank, accusing it and its leaders of taking excessive risk and causing a monumental $2 billion trading loss.More >>
Shareholders of JPMorgan Chase & Co. have filed two lawsuits against the nation's biggest bank, accusing it and its leaders of taking excessive risk and causing a monumental $2 billion trading loss.More >>
Noonan: Rejecting EU treaty dangerous for Ireland
Noonan: Rejecting EU treaty dangerous for Ireland
Irish voters would be playing a dangerous game with their country's economic future if they reject the European Union fiscal treaty in a referendum this month, Finance Minister Michael Noonan warned Wednesday.More >>
Irish voters would be playing a dangerous game with their country's economic future if they reject the European Union fiscal treaty in a referendum this month, Finance Minister Michael Noonan warned Wednesday.More >>
IMF: Italy has made remarkable progress
IMF: Italy has made remarkable progress
An International Monetary Fund official says Italy has made "notable progress" toward improving its financial outlook in the last six months but added that work needs to be done on growth.More >>
An International Monetary Fund official on Wednesday said the eurozone's third-largest economy is "on the right track" and has made notable progress in the six months since Premier Mario Monti took over.More >>
Southwest Airlines doubles buyback and dividend
Southwest Airlines doubles buyback and dividend
Southwest Airlines Co. is doubling its $500 million share buyback program to $1 billion and raising its quarterly dividend to 1 cent per share.More >>
Southwest Airlines Co. is doubling its $500 million share buyback program to $1 billion and raising its quarterly dividend to 1 cent per share.More >>
Greek election delays key privatization program
Greek election delays key privatization program
Greece's privatization fund says it will delay decisions on the country's ambitious drive to sell off state assets until after next month's national elections.More >>
Greece's privatization fund says it will delay decisions on the country's ambitious drive to sell off state assets until after next month's national elections.More >>
Police temporarily clear Frankfurt Occupy camp
Police temporarily clear Frankfurt Occupy camp
Frankfurt police are preparing to clear a tent-camp of about 300 Occupy protesters from near the European Central Bank.More >>
Police in Germany have temporarily cleared the Frankfurt Occupy tent camp next to the European Central Bank.More >>
Avoiding marriage's No. 1 pitfall: money troubles
Avoiding marriage's No. 1 pitfall: money troubles
Newlyweds and couples moving toward marriage, take note. Love, as it turns out, is not all you need.More >>
Newlyweds and couples moving toward marriage, take note. Love, as it turns out, is not all you need.More >>

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