Business News
-
Wall St ends down on renewed Greece fears
Stocks ended down on Friday, with the Dow snapping its eight-session winning streak, as renewed worries about Greece sparked a climb in the dollar and weighed on commodity prices.
Read more »
-
Regulators worry over cracks in financial reforms
Top officials warned policymakers on Wednesday to avoid hurting global efforts to toughen up financial regulation as differences emerge over derivatives speculation, hedge funds and bank capital.
Read more »
-
Wall Street hits fresh 17-month high after Fed
Stocks rose to a fresh 17-month high on Tuesday after the Federal Reserve held benchmark rates near zero and maintained its pledge to keep them low for an extended period.
Read more »
-
Jobless claims fall, trade gap narrows on oil
The number of U.S. workers filing new claims for unemployment benefits fell only slightly last week, indicating a sluggish return to jobs growth. The U.S. trade gap shrank as oil imports fell.
Read more »
-
Oil prices rally as US fuel reserves slide
World oil prices surged Wednesday after news that fuel stockpiles in the United States slumped last week, indicating strengthening demand in the world's top energy consumer.
Read more »
-
Audi aims to match pre-crisis sales record
German luxury car maker Audi, which is owned by Volkswagen, said Tuesday it aimed to sell more than one million autos this year and reach a pre-crisis record set in 2008.
Read more »
-
Market barely budges; AIG, McDonald's help
U.S. stocks were nearly flat on Monday as upbeat sentiment from AIG's sale of a unit and McDonald's sales data were offset by falling healthcare shares after President Barack Obama's criticism of health insurers.
Read more »
-
House panel says Toyota shows no proof yet of study
Toyota Motor Corp has not adequately supported its contention that it has rigorously evaluated electronic throttle systems for possible problems, lawmakers said on Friday.
Read more »
-
Fewer discounts help stores weather February snow
U.S. retailers in February posted their best monthly sales performance since just before the recession started in 2007, as lean inventories meant they did not need to resort to steep discounts.
Read more »
-
Wall St flat as White House pushes regulation
U.S. stocks lost gains and were trading little changed on Wednesday as the White House stepped up its efforts to overhaul healthcare and bank regulation, sparking concerns about the potential impact on profits in those sectors.
Read more »
|
34.0 ° F
Current Conditions
:
Overcast and Windy
More Weather
|