U.S. construction spending fell in July from June by the largest amount in a year, weighed down by a big drop in spending on home improvement projects.
Options traders are pushing the cost of protecting against losses in Netflix Inc. shares to the lowest level since October 2010 on speculation the company will increase profits as it expands across Europe.
Samsung Electronics Co.’s victory over Apple Inc. in a Tokyo court shows that global judges won’t automatically heed a $1.05 billion U.S. jury verdict issued in California a week earlier.
U.S. auto sales in August continued to outpace the anemic economic recovery, smash through estimates and deliver a good-news story for President Barack Obama and the Democrats just in time for their convention.
Facebook Inc. fell to a record low after Morgan Stanley, a lead underwriter of the company’s initial public offering, cut its price forecast on concern that the social network is struggling to reach mobile users with ads.
Women's magazine Cosmopolitan on Tuesday named Marie Claire chief Joanna Coles as editor-in-chief of its U.S. edition, as Kate White steps down from the post after 14 years with the company.
Students at Florida's public colleges and universities cannot be charged higher out-of-state tuition simply because their parents are in the U.S. illegally, a federal judge ruled.
Manufacturing shrank for a third month in August in the longest decline since the recession ended in 2009, threatening to deprive the world’s largest economy of a driver of growth.
U.S. home prices jumped 3.8 percent in the 12 months ending in July, according to a private real estate data provider.
Singapore’s real estate investment trusts, the best performing in the world this year, are luring investors after a shopping spree for properties across Asia gives them a broader stream of rental income.
Facebook's stock touched another low point on Tuesday after an analyst for the bank that orchestrated its initial public offering cut his target price to $32 from $38. The latter was Facebook's IPO price, the one it hasn't hit since its first day of trading on May 18.
Stocks zigged and zagged after reports that the U.S. economy is weakening at a time when China and Europe are also slowing.
Manufacturing is weakening around the globe, a trend that is weighing on U.S. growth just as the presidential campaign enters its final stretch.
The price of oil slipped Tuesday after a weak report on U.S. manufacturing suggested demand for oil would fall.
Sept. 4 (Bloomberg) -- Oil fell as U.S. and euro-area manufacturing contracted in August, raising concern that slower economic growth will reduce demand.
Strong pickup demand fueled a big jump in U.S. auto sales last month.
As Pacific Rim leaders gather for a summit in the Russian city of Vladivostok, one thing seems painfully clear: It will end in disappointment.
In 2002, New York University political scientist Russell Hardin wrote a brilliant essay called “The Crippled Epistemology of Extremism.” Hardin contended that many extremists, including terrorists, are not stupid, insane or badly educated.
Global financial markets fell Tuesday amid uncertainty over what authorities in the U.S., China and Europe might do to help the slowing world economy.
Smithfield Foods Inc. said Tuesday that lower profit margins on fresh pork and higher selling costs drove the world's biggest pork producer's first-quarter net income down about 25 percent, despite gains in its packaged meats business.
Staffing firm Korn/Ferry International has purchased Global Novations LLC in a move to bolster its leadership and talent consulting business. Financial terms of the deal were not disclosed.
Sept. 4 (Bloomberg) -- Oil climbed to the highest level in more than a week in New York on speculation that central banks will take more steps to boost economic growth, spurring demand for raw materials.
Greece's short-term borrowing costs eased slightly in a treasury bill auction Tuesday, but the debt-wracked country still had to lure investors with a 4.54 percent return for paper maturing in six months' time.
Sept. 4 (Bloomberg) -- U.S. stock-index futures were little changed, after the Standard & Poor’s 500 Index declined for two straight weeks, as investors awaited a report on manufacturing in the world’s biggest economy.
The euro is falling against the dollar ahead of a key European Central Bank meeting Thursday.
Think of it as the opening act at a concert: Nokia, Motorola and Amazon are expected to unveil new mobile devices this week before attention turns to a new iPhone and possibly a smaller iPad from Apple.
Sept. 4 (Bloomberg) -- Oracle Corp. must reimburse Google Inc. about $1 million for expenses the search engine company incurred during a patent trial over its Android software, a judge ruled.
Sept. 4 (Bloomberg) -- A former Altera Corp. executive, Hyung Lim, will plead guilty today to charges in federal court in New York, admitting that he engaged in the passing of nonpublic material information, a person familiar with the matter said.
The city's planned crackdown on super-sized sugary drinks got prominent backing Tuesday from Weight Watchers, Jenny Craig and other diet companies, who added their influence to the campaign ahead of a vote next week.
Sept. 4 (Bloomberg) -- Dick Clark Productions, the producer of “New Year’s Rockin’ Eve,” “The Golden Globes” and other TV shows, agreed to be acquired by Guggenheim Partners LLC, Mandalay Entertainment and Mosaic Media Investment Partners LLC.
General Motors Co. said Tuesday that its August U.S. sales rose 10.1 percent from the same month a year ago on strong demand for its cars and trucks.
Sept. 4 (Bloomberg) -- Sony Corp. plans to draw on its skills in video games, cameras and audio players in developing smartphones and tablet computers as the company tries to narrow the gap with Apple Inc. and Samsung Electronics Co.
Sept. 3 (Bloomberg) -- Baidu Inc., owner of China’s most- used search-engine, released a new Internet browser for mobile devices running Google Inc.’s Android system that allows users to play Web games and watch videos without a media player.
Apple Inc. on Tuesday invited reporters to a news conference next week in San Francisco with a message that suggests that it will reveal the iPhone 5, as expected.
Michael Jackson's estate and a businessman working with the singer's mother have settled a copyright infringement case for $2.5 million.
Nokia says it's adding a free Internet radio service to its Lumia smartphones in the U.S.
Sept. 4 (Bloomberg) -- Amazon.com Inc. reached a deal with pay-television channel Epix to add movies such as “The Hunger Games” to the roster of films available through Amazon Prime Instant Video, ratcheting up competition with Netflix Inc.
Sept. 4 (Bloomberg) -- Apple Inc. won its appeal of a U.S. patent-infringement verdict related to a Yale University professor’s invention on how documents are displayed on a computer screen.
Lending to small businesses rose only slightly in July, another sign that companies are hunkering down because of uncertainty about the economy.
Amazon.com's Internet video library is gaining more box-office appeal under a licensing deal with Epix that threatens to undercut Netflix leadership in a growing market that's transforming the entertainment industry.
Sept. 4 (Bloomberg) -- Facebook Inc. Chief Executive Officer Mark Zuckerberg won’t sell his stock holdings in the company for at least a year, according to a regulatory filing.
Sept. 4 (Bloomberg) -- RadioShack Corp., the electronics retailer whose shares have plunged 74 percent this year, is starting a no-contract wireless service with Leap Wireless International Inc.’s Cricket Communications to spur sales.
Alon USA Partners LP, a unit of refinery operator Alon USA Energy Inc., filed for an initial public offering on Friday.
Sept. 5 (Bloomberg) -- As Nokia Oyj prepares for a crucial push to resuscitate its smartphone business, it’s calling in some heavyweights from across the Atlantic: Batman, Lady Gaga, and Perry the Platypus.
Sept. 4 (Bloomberg) -- Following last month’s verdict saying Samsung Electronics Co. infringed Apple Inc. mobile-phone patents, the Korean electronics company faces pressure to copy another attribute of the iPhone maker: its focus on design.
Sept. 5 (Bloomberg) -- Nokia Oyj, the mobile-phone maker that lost 95 percent of market value since 2007, is trading at the biggest premium to analyst price forecasts in almost a decade following a record rally.
Sept. 4 (Bloomberg) -- Research In Motion Ltd.’s short interest has touched a record high, a sign investors are anticipating disappointing earnings as the wait for a new lineup of BlackBerry smartphones takes as long as six months.
Sept. 4 (Bloomberg) -- FedEx Corp. said earnings for the quarter that ended Aug. 31 will be short of its forecast after a weak global economy damped revenue from express shipments.
The number of people registered unemployed and claiming benefits in Spain rose in August by 38,179 compared to the previous month, the first increase in five months, Spain's Employment Ministry said Tuesday.
Aug. 25 (Bloomberg) -- Apple Inc. scored a clear victory in its patent dispute with Samsung Electronics Co. yesterday, increasing pressure on smartphone makers around the world to create handsets that stand apart from the iPhone and deliver more choices for consumers in a $219.1 billion market.
Sept. 4 (Bloomberg) -- Banco Santander SA, Spain’s largest bank, filed to raise as much as $3 billion in a U.S. initial public offering of its Mexican unit.
Sept. 4 (Bloomberg) -- European stocks retreated, paring yesterday’s biggest rally in a month, as investors awaited a report that may show U.S. manufacturing teetered between expansion and contraction in August. U.S. index futures were little changed, while Asian equities slid.
Kindred Healthcare Inc. said Tuesday that it completed its purchase of home health care provider and hospice company IntegraCare Holdings.
Move over, Ben Bernanke. This is Mario Draghi's moment.
The Federal Trade Commission says it is mailing refund checks to 13,000 Medicare beneficiaries who were overcharged for drugs because a CVS Caremark Corp. business understated the price of the products.
Drugmaker Pfizer Inc. said Tuesday that European regulators have approved the sale of its new medicine for a type of advanced kidney cancer.
The Czech right-wing government is facing an uncertain future after several lawmakers refused to support unpopular austerity measures designed to help bring the budget deficit below 3 percent of GDP.
Ace Hardware President and CEO Ray Griffith plans to retire in March to spend more time with his family, the privately held company said Tuesday.
The three U.N. food agencies have issued a joint appeal calling for a swift, global response to curb rising prices of corn, wheat and soybean, to avoid a major crisis.
Tropical Storm Leslie is slowly moving north in the Atlantic with no change in strength.
Retail sales in Britain fell in August, disappointing hopes that the Olympic Games in London would provide a boost.
Heard enough from the presidential candidates? Here's an answer: Vote now and put the election behind you.
Sept. 4 (Bloomberg) -- The U.S. has often been feckless in its response to genocide. In the years leading up to World War II, and even during the war itself, it didn’t do nearly what it could have to offer refuge to Europe’s Jews and to thwart Adolf Hitler’s Final Solution, although much later we did build some excellent museums commemorating the event.
Sept. 3 (Bloomberg) -- Last week, Iran’s Supreme Leader Ayatollah Ali Khamenei inaugurated the summit of Nonaligned Movement leaders in Tehran with a blistering attack on the “dictatorship” of Western countries at the United Nations Security Council.
Hair-cutting attacks against people in Amish communities outside the city were tinged with squabbles over money, child-rearing and even the way some women in the conservative settlements dressed, more like a family feud than a series of hate crimes, say attorneys for members of a breakaway group accused of carrying them out.