10:42 am, May 22, 2013
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Business News

Cisco leads the Dow higher after earnings beat

Stocks edge higher in midday trading on Wall Street; Cisco leads the Dow higher

Thursday - 05/16/2013, 12:24pm EDT

Weak open on Wall Street; Wal-Mart disappoints

Stocks edge lower in early trading on Wall Street; Wal-Mart sinks as sales slump

Thursday - 05/16/2013, 11:52am EDT

Argentina brokers 24 pct wage hikes for millions

Millions of Argentines to get 24 percent wage hikes ahead of negotiations with opposing unions

Thursday - 05/16/2013, 11:48am EDT

RBS to cut another 1,400 retail bank jobs in UK

Royal Bank of Scotland announces further 1,400 retail banking job cuts in Scotland, England

Thursday - 05/16/2013, 11:21am EDT

UK officials: BP not seeking gov't help with spill

UK officials say BP not seeking government help to fight claims stemming from 2010 oil spill

Thursday - 05/16/2013, 11:21am EDT

Oil falls below $94 a barrel amid high supplies

Oil price falls below $94 a barrel amid plentiful crude inventories, inauspicious US, EU data

Thursday - 05/16/2013, 10:00am EDT

Futures fluctuate on mixed signals from retail

US stock futures bounce around on mixed signals from retailers, homebuilders and employers

Thursday - 05/16/2013, 09:49am EDT

Slower Chinese growth adds to pressure on leaders

China's recovery losing steam, adding to pressure on leaders to shore up growth, help business

Thursday - 05/16/2013, 09:44am EDT

US jobless claims jump to highest level in 6 weeks

The number of Americans seeking unemployment benefits rose 32,000 last week to a seasonally adjusted 360,000, the most since late March. The jump came a week after applications had reached a five-year low.

Thursday - 05/16/2013, 09:26am EDT

UK campaign group loses challenge on tax deal

UK campaign group loses challenge to Goldman Sachs tax deal with British government

Thursday - 05/16/2013, 08:10am EDT

Japanese economy grew at 3.5 percent pace in 1Q

Japan sees results from 'Abenomics' growth strategy, as GDP jumps 3.5 pct, beating forecasts

Thursday - 05/16/2013, 07:40am EDT

Eurozone recession is now longest in currency bloc

Recession in eurozone is now the currency bloc's longest, surpassing even 2008-2009 crisis

Thursday - 05/16/2013, 07:30am EDT

US wholesale prices fall 0.7 pct., most in 3 years

US wholesale prices fall 0.7 pct. in April, most in 3 years, driven lower by cheaper gas, food

Thursday - 05/16/2013, 05:18am EDT

Stocks climb as traders shrug off economic reports

Indexes head higher in afternoon trading even as manufacturing weakens and Europe slumps

Thursday - 05/16/2013, 04:02am EDT

Obama: IRS acting commissioner being ousted

After conferring with leaders in the Treasury Department, President Obama announced Wednesday the departure of Acting IRS Commissioner Steven Miller.

Thursday - 05/16/2013, 03:56am EDT

JPMorgan asks Bloomberg for privacy breach data

JPMorgan asks Bloomberg for logs of employees checking on client log-in and usage data

Thursday - 05/16/2013, 02:48am EDT

Deere cuts 2013 sales growth guidance

A cold spring and weak construction hurt Deere's 2013 sales prediction; 2Q profit up 3 percent

Thursday - 05/16/2013, 01:36am EDT

Asia stocks mixed as Wall St. ignores euro gloom

Asian stock markets mixed as gains on Wall Street offset worries over eurozone recession

Thursday - 05/16/2013, 12:36am EDT

Retiring boomers driving sales of small businesses

Sales of small businesses pick up as more boomers retire, buyers seek growth by acquisition

Wednesday - 05/15/2013, 09:06pm EDT

Foreign holdings of US Treasury debt up in March

Foreign holdings of US Treasury debt rose 0.7 percent to record $5.76 trillion

Wednesday - 05/15/2013, 07:30pm EDT
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