
NYC's landmark Grand Central Terminal turns 100
Grand Central station, once in danger of being demolished, is celebrating its 100th birthday with speeches, a brass band and a rollback to 1913 prices ...
NBC News president Steve Capus stepping down
NBC News President Steve Capus, who presided over years of strong ratings at the news division and expanded digital offerings but was hurt by the ...

THE RESET: Gov't slowing economic and job growth
President Barack Obama declared last June that "the private sector is doing fine." And President Ronald Reagan liked to tell audiences, "Government ...
Goodell says he welcomes Obama's remarks on safety
NFL Commissioner Roger Goodell says the league will look at eliminating certain low blocks and improve the quality of playing fields as part of a ...

US construction spending up 0.9 percent
Spending on U.S. construction projects rose in December, ending a year in which construction activity increased for the first time in six years.
Oil up on US jobs report; gas jumps most in 2 yrs
Commuters and day-trippers may do a double-take at the gas station after the biggest one-day pop in pump prices in nearly two years. The nationwide ...

Signs of firm US recovery trigger market gains
Evidence that the U.S. economic recovery is firmly on track drove markets higher on Friday, adding to the cheer from good economic indicators out of ...

HK clamps down on cross-border baby formula trade
Hong Kong announced measures Friday to curb the amount of baby formula that mainland Chinese visitors are buying as anger grows at shortages in the ...
Dow hits 14,000 for 1st time since October 2007
The Dow rose higher and briefly topped 14,000 Friday, hitting a milestone not seen since before the financial crisis rocked the world economy. The Dow ...

Puerto Rico teeters on fiscal edge over pensions
Office clerk Lillian Marti hopes to retire one day with a decent pension. Now, like many other employees of Puerto Rico's government, she's beginning ...

Refining margins boost 4Q profit at Exxon Mobil
Exxon Mobil Corp. said Friday that fourth-quarter earnings rose 6 percent to $9.95 billion with help from higher refining profit margins. The oil ...

Law firm: Phoenix lawyer dies from shooting wounds
A lawyer wounded by a gunman in a Phoenix office shooting this week has become the second victim to die in the attack, authorities said Friday.
News Summary: Pfizer animal health unit IPO soars
GOOD START: Drugmaker Pfizer's initial public stock offering of its animal health business, Zoetis, raised $2.2 billion, the largest IPO by a U.S.

Clydesdale star of Super Bowl ad is newborn foal
For decades, Anheuser-Busch has used its famous Clydesdales in Super Bowl ads for Budweiser. The latest star is barely two weeks old. A foal born Jan.
Measure of US manufacturing jumps in December
U.S. manufacturing activity grew at a faster pace in January, driven by an increase in new orders and more hiring at factories. The Institute for ...
Chevron profit up on asset exchange, refineries
Chevron Corp. posted a 41 percent gain in net income for the fourth quarter as the company produced more oil and gas, improved the performance of its ...
Nigeria lawmaker charged over alleged bribery
A Nigerian lawmaker who led a probe into the nation's fuel subsidy program that saw billions of dollars lost through fraud has been charged with ...
Generic competition, charges cut Merck Q4 profit
Merck & Co.'s fourth-quarter profit fell 7 percent because of hits from generic competition and one-time charges, and the company pushed back plans ...
Teenage hacker sentenced in UK for cyber-attacks
A British court has sentenced a teenage hacker to youth rehabilitation after he and other members of the Anonymous movement carried out cyber-attacks ...

Dutch state nationalizes SNS Reaal bank
The Netherlands nationalized its fourth-largest bank on Friday, injecting €2.2 billion ($3 billion) to recapitalize SNS Reaal NV and head off any ...
Dow climbs above 14,000
The Dow Jones industrial average climbed above 14,000 for the first time since the Great Recession. The index rose as high as 14,000.97 in early ...
Germany aims to acquire armed drones
Germany plans to join the ranks of countries that deploy armed drones on the battlefield — a move critics say would lower the threshold for foreign ...
CEO of scandal-hit Barclays gives up 2012 bonus
The chief executive of Britain's Barclays bank said Friday he is giving up his 2012 bonus amid a string of high-profile scandals over market-fixing, ...

Spanish economy minister to testify in bank probe
Spain's Economy Minister Luis de Guindos has been called by the National Court to testify in a probe into alleged fraud at one of the country's major ...
If space shuttle is doomed, do you tell the crew?
A NASA top official wrestled with what he thought was a hypothetical question: What should you tell the astronauts of a doomed space shuttle Columbia? ...