The Wendy's Co.'s push to transform itself as a higher-end hamburger chain is showing early signs of taking hold.
Driving the Chevy Camaro ZL1 quickly on a narrow road is like working with a circus bear in tight quarters. No matter how well-trained, it’s still a wild animal that could bite your head off at any moment.
A small battery company backed by General Motors is working on breakthrough technology that could power an electric car 100 or even 200 miles on a single charge in the next two-to-four years, GM's CEO said Thursday.
Upscale retailer Nordstrom Inc. raised its annual profit and sales outlook Thursday and said that it was accelerating the growth pace of its Rack outlet stores.
Recently hired Yahoo CEO Marissa Mayer may scrap the Internet company's plan to reward its long-tormented shareholders with a multibillion-dollar payout later this year, underscoring the uncertainty accompanying new leadership.
Movie and TV studio Lions Gate Entertainment Corp. said Thursday that it lost $44.2 million in the April-June period, reversing a profit from a year ago, as it booked higher marketing costs to release movies such as “The Hunger Games”.
Fewer Americans filed applications for unemployment benefits last week, a sign the labor market may keep improving after hiring picked up in July.
Google is paying a $22.5 million fine to settle the latest regulatory case questioning the Internet search leader's respect for people's privacy and the integrity of its internal controls.
The stock market has the summer doldrums.
Wells Fargo & Co.’s grip on the U.S. mortgage market has tripped alarms among regulators and lawmakers concerned that the bank’s control over one of every three new loans could hurt consumers and undermine markets.
The U.S. mortgage delinquency rate increased for the first time in a year, as slowing economic growth left more borrowers struggling to pay their bills.
Aug. 9 (Bloomberg) -- Oil was little changed as reports signaled that the U.S. economy was strengthening and the dollar surged against the euro, curbing investors’ appetite for commodities.
Prices for single-family homes climbed in three-quarters of U.S. cities, and values nationally jumped the most since 2006 as real estate markets stabilized.
Average U.S. rates on fixed mortgages rose for the second straight week, staying slightly above historic lows.
Wave goodbye to members of the U.S. House of Representatives. Doing nothing has taken a lot out of them, so they have left Washington for five weeks of rest, relaxation and campaigning in the hope that voters will return them to office to do more of the same.
Stretching more than 16 feet long, the two-door, 2012 200 Convertible has room for four passengers -- complete with a back seat that has more legroom than the back seat of a 2012 Ford Mustang Convertible.
despite positive U.S. jobs figures and hopes that China's monetary authorities will do more to shore up economic growth in the world's second largest economy.
Aug. 9 (Bloomberg) -- Fewer Americans filed applications for unemployment benefits last week, a sign the labor market may keep improving after employment picked up in July.
Aug. 9 (Bloomberg) -- The U.S. trade deficit narrowed more than forecast in June as the biggest drop in crude oil prices in more than three years helped cut the nation’s import bill.
The long slide of T-Mobile USA continued in the latest quarter, as the country's No. 4 cellphone company lost subscribers and struggled to sign people up for smartphones.
The U.S. trade deficit fell to its lowest level in 18 months in June, pushed down by a steep drop in oil imports and a rise in exports.
Aug. 9 (Bloomberg) -- Treasury 30-year bond yields reached the highest level in six weeks before the government sells $16 billion of the securities today after demand waned at a 10-year note auction yesterday.
Tropical Storm Ernesto neared a collision with Mexico's flood-prone southern Gulf coast Thursday after hurling rain across the Yucatan Peninsula but causing little major damage.
Advance Auto Parts said Thursday that its second-quarter net income fell almost 12 percent as the car parts retailer's revenue slipped. Its results missed expectations and the company slashed its earnings guidance for the year.
Coffee and doughnuts chain Tim Hortons Inc. said Thursday its second-quarter net income rose 13 percent, boosted by strong sales at its U.S. stores and higher demand for its cold drinks.
Aug. 9 (Bloomberg) -- News Corp., the media company controlled by billionaire Rupert Murdoch, reported a $1.55 billion quarterly loss as shrinking advertising revenue led to a writedown of its Australian publishing business.
ViroPharma Inc. reported a second-quarter loss as generic competition for the antibiotic Vancocin hurt the drugmaker's revenue, which tumbled 26 percent.
More U.S. homes started on the foreclosure path in July, as lenders tackled a backlog of mortgages gone unpaid even as they pulled back on home repossessions.
General Motors CEO Dan Akerson says he's working to wipe out fiefdoms that remain in the company and to bring its culture into the 21st Century.
Seven people scammed by a business called Save Your House received restitution checks Wednesday, and Nevada Attorney General Catherine Cortez Masto offered their experience as a lesson for homeowners seeking to modify mortgages in the state hardest hit by foreclosures.
Aug. 8 (Bloomberg) -- On First Avenue in Manhattan, right before the 96th Street entrance of FDR Drive, there is a large open parking lot, in front of the Stanley M. Isaacs Houses, a public-housing project.
Aug. 9 (Bloomberg) -- Ten people were charged with a $40 million fraud relying on phony documents and straw buyers to bilk mortgage lenders for properties at the New Jersey Shore and resorts in South Carolina and Georgia, prosecutors said.
Brinker International Inc.'s shares rose to their highest level in more than five years Thursday after the restaurant chain operator said that higher prices and an increased number of customers in its restaurants boosted its fourth-quarter net income.
Sprint Nextel Corp. said Thursday that it has started an underwritten public offering of senior notes due in 2020 and 2022.
Jones Soda Co. narrowed its second-quarter loss on stronger sales and lower costs.
Aug. 9 (Bloomberg) -- The American Airlines pilot union leader who was one of the chief proponents of a merger with US Airways Group Inc. resigned, a day after pilots rejected the AMR Corp. unit’s final cost-cutting contract offer in bankruptcy.
Shares of Fusion-io Inc. jumped in after-hours trading Thursday after the maker of chip-based computer server memory drives reported fiscal fourth-quarter results well above Wall Street's expectations
Arena Pharmaceuticals Inc. said Thursday it took a smaller loss in the second quarter after it received a large payment following the approval of its obesity drug Belviq.
Drugmaker Medivation said Thursday that its loss narrowed in the second quarter due to milestone payments from collaborations with Astellas Pharma and Pfizer Inc.
DeVry Inc.'s fourth-quarter profit plunged as the for-profit education company struggled with lower enrollment, restructuring expenses and other charges.
Aug. 9 (Bloomberg) -- Yahoo! Inc. Chief Executive Officer Marissa Mayer has embarked on a strategy review that may result in a reversal of plans to restructure operations and return billions of dollars in cash to shareholders.
E-Trade Financial has ousted its CEO, Citigroup veteran Steven Freiberg, just two years into a four-year contract as the online broker deals with declining trading by customers.
A key government witness in the insider trading trial of a San Francisco hedge fund operator testified Thursday that her crimes destroyed her life, ruining her reputation and her finances.
Aug. 9 (Bloomberg) -- Kohl’s Corp., the third-largest U.S. department-store company, reduced its fiscal 2012 profit forecast after sales fell in the second quarter.
Aug. 9 (Bloomberg) -- U.S. stock-index futures fell, after four days of gains for the Standard & Poor’s 500 Index, before economic reports that may show the U.S. trade deficit narrowed while jobless-benefit claims climbed.
Aug. 9 (Bloomberg) -- PepsiCo Inc., the world’s largest snack food maker, will return to Myanmar after 15 years to distribute beverages under loosened restrictions on investment in the Southeast Asian country.
Aug. 9 (Bloomberg) -- U.K. stocks fell from a four-month high as investors awaited a report on initial jobless claims in the U.S. for signs of the health of the world’s largest economy.
Aug. 9 (Bloomberg) -- Gold was seen declining in New York as a stronger dollar curbed demand for bullion as an alternative investment.
Aug. 9 (Bloomberg) -- JPMorgan Chase & Co. traders had 28 unprofitable trading days in the second quarter as the largest U.S. bank struggled to unwind credit-derivatives bets that caused more than $4.4 billion of losses during the period.
Aug. 9 (Bloomberg) -- Gold futures for December delivery gained less than 0.1 percent to $1,616.20 an ounce at 8:37 a.m. on the Comex in New York, after earlier falling as much as 0.2 percent.
Facebook has created an email address for people to report scams.
U.S. wholesale companies cut back their stockpiles in June as sales fell by the most in three years. The declines in sales and inventories could signal slower growth in the coming months.
The nearly bankrupt U.S. Postal Service on Thursday reported a quarterly loss of $5.2 billion and warned it will miss another payment due to the Treasury, just one week after its first-ever default on a payment for future retiree health benefits.
Aug. 9 (Bloomberg) -- Google Inc. agreed to pay a record $22.5 million to settle allegations by the U.S. Federal Trade Commission that it breached Apple Inc.’s Safari Internet browser.
Cooper Tire & Rubber Co. said Thursday that its second-quarter profit rose more than fourfold on lower raw-material costs and higher sales despite sluggish conditions in the tire industry.
Engine maker Briggs & Stratton Corp. said Thursday its fiscal fourth-quarter loss narrowed, as lower costs more than offset the effects of lower demand for its products.
The president and the founder of Susan G. Komen for the Cure are stepping down, the nation's largest breast cancer foundation said in announcing a major leadership shake-up. The high-profile departures come amid continuing fallout from Komen's decision earlier this year to briefly end funding for Planned Parenthood.
Russia's Prime Minister Dmitry Medvedev said Thursday that this week's failed space launch has dented the nation's prestige and that those to blame must be held responsible.
An Iranian semiofficial news agency is quoting the country's acting navy commander as saying that Tehran has no immediate plans to build nuclear naval reactors.
A judge has dismissed part of a lawsuit filed by the New York Giants and New York Jets to halt a megamall in New Jersey's Meadowlands, although the teams can still file legal challenges.