Economy

US futures moving higher as corporate profits roll
Stock futures are moving higher on more strong earnings from U.S. corporations, and ahead of new data expected to show that the number of homes being ...
SABMiller replaces CEO earlier than planned
SABMiller, the world's second-largest brewer, says it has made Alan Clark its chief executive three months earlier than planned because the previous ...
Iran denies link with Canada terror plot suspects
Iran on Tuesday denied any links with an alleged terrorist plot that Canadian authorities claim was directed by al-Qaida operatives in Iran and sought ...
Asia stocks fall after China production slips
Asian stock markets fell Tuesday after China's manufacturing growth slowed in April, adding to worries about the health of the world's second-largest ...
Bernanke to miss conference, hinting at departure
Ben Bernanke is intensifying speculation that this year will be his last as Federal Reserve chairman by deciding to skip the Fed's annual August ...
Survey shows China manufacturing weakening
China's manufacturing growth decelerated this month, a survey showed Monday, adding to questions about the strength of the recovery in the world's ...
Netflix's 1Q subscriber gains catapult stock
Netflix's move to compete against traditional cable-TV channels with original programming is pulling in more subscribers to its Internet video service ...
Stocks edge higher as energy stocks rebound
Stocks edged higher on Monday as energy stocks got a lift from recovering oil prices. The energy industry climbed 1 percent, making it the biggest ...
Caterpillar 1Q profit shrank; cuts 2013 outlook
A slowdown in the mining business is digging a hole in Caterpillar's profits. First-quarter profit shrank 45 percent and Caterpillar has lowered its ...
Hasbro says Monopoly contest helped lift sales
Hasbro reported first-quarter results Monday that beat Wall Street expectations as the toy maker benefited from an online contest that let people vote ...
Halliburton posts 1Q loss on litigation charges
Halliburton Co. said Monday that it lost money in the first quarter after adding $637 million to the reserve it has to cover litigation over the 2010 ...
News Corp. insurers pay $139M in shareholder suit
News Corp. has reached a $139 million settlement in shareholder lawsuits over the British phone hacking scandal and the controversial purchase of an ...
Energy stocks lead a turnaround on Wall Street
Stocks are closing modestly higher on Wall Street, led by energy companies as oil prices rise back following a plunge last week. Investors were ...
Food price hikes raise concerns in Iran
Iranians lined up to buy cooking oil and meat in Tehran on Monday, as price hikes threatened to stir discontent less than two months before ...
US home sales slip as supply remains tight
Sales of previously occupied U.S. homes dipped in March as the supply remained tight. But the sales pace remained ahead of last year's. The National ...
Israeli airlines end strike over EU deal
Israel's airlines on Monday ended a two-day strike that stranded thousands of passengers after reaching an agreement with the government over the new ...
European austerity yields meager results in 2012
The austerity pain pursued by a number of European countries led to very little gain in 2012. Figures Monday from Eurostat, the European Union's ...
Ireland's Elan rejects Royalty Pharma takeover bid
The board of Irish drugmaker Elan has unanimously rejected a takeover bid from Royalty Pharma, saying the U.S. investment company's offer of $11.
Saudi advisers propose Friday-Saturday weekend
Saudi Arabia is taking the first steps to switch its weekend to begin on Fridays to align its banking and business days with most other nations in the ...
High court to look at Daimler appeal
The Supreme Court says it will hear an appeal from automaker Daimler AG that seeks to shut down a U.S. lawsuit over allegations that its unit in ...
Stocks mixed as major companies report earnings
Stocks are opening little changed on Wall Street as investors get ready for earnings news from major U.S. companies. Nearly one-third of the 30 ...
FAA furloughs kick in, some flight delays appear
Commercial airline flights started backing up and delayed some travelers Monday, a day after air traffic controllers started going on furlough because ...
Google fined by German data protection agency
A German data protection agency fined Google Inc. 145,000 euros ($189,000) for illegally recording information from unsecured wireless networks — an ...
Oil stays above $88 per barrel
The price of oil rose modestly above $88 a barrel Monday as traders returned to commodities after big sell-offs last week. By early afternoon in ...