A Hewlett-Packard Co. shareholder lawsuit against ex-chief executive officer Mark Hurd and company directors was dismissed by a judge who said investors could amend their claims and refile the case.
A group of former Chrysler LLC executives who lost all or most of their supplemental retirement benefits when the automaker went bankrupt in 2009 can proceed with their age-bias claims, a federal appeals court said.
The University of Texas at Austin is one of the most ethnically diverse U.S. campuses. With whites, blacks, Hispanics and Asians weaving along sidewalks under the 307-foot UT Tower, a student can encounter classmates from three or four cultural backgrounds in a matter of seconds.
Confidence among American consumers jumped more than forecast in September as a budding housing recovery and rising stock prices gave households reason to be more upbeat.
Staples is speeding up the closure of about 15 of its U.S. stores and plans to close 45 stores and some delivery businesses in Europe.
Barnes & Noble Inc. says it will launch a video service this fall that lets users buy and watch movies and TV shows on their mobile devices and televisions.
Mortgage firms including Bank of America Corp. that repeatedly ignored rules meant to improve service for struggling homeowners said they’re on the verge of complying with standards ordered in a $25 billion settlement.
Sept. 25 (Bloomberg) -- Oil fell to a seven-week low as Federal Reserve Bank of Philadelphia President Charles Plosser said a new stimulus program probably won’t boost growth.
Home prices in the United States climbed in July from a year earlier, adding to signs that housing will spur economic growth.
Robust U.S. economic indicators pushed world markets higher on Tuesday, offsetting uncertainty over Europe's debt problems and global growth.
U.S. consumer confidence jumped this month to the highest level since February, bolstered by a brighter hiring outlook.
Expectations of improved consumer confidence in the U.S. helped boost oil prices on Tuesday.
Sept. 25 (Bloomberg) -- U.S. stock futures were little changed, following the longest losing streak for the Standard & Poor’s 500 Index in seven weeks, as investors awaited a report that may show consumer confidence rose this month.
Sept. 25 (Bloomberg) -- Treasuries extended their longest run of gains in 16 months on concern Europe’s debt crisis is worsening after Spanish borrowing costs rose at a debt sale and the International Monetary Fund said Greece’s fiscal outlook has worsened.
Sept. 25 (Bloomberg) -- Commodities gained before reports that will probably show U.S. consumer confidence and the housing market improved. Spanish and Italian bonds declined after debt sales.
Sept. 25 (Bloomberg) -- Royal Bank of Scotland Group Plc managers condoned and participated in the manipulation of global interest rates, indicating that wrongdoing extended beyond the four traders the bank has fired.
Facebook Inc.'s stock took a hit Monday after an article in the financial magazine Barron's said it is “still too pricey” despite a sharp decline since its initial public offering.
Gov. Jerry Brown plans to sign legislation that will pave the way for driverless cars in California.
Sept. 25 (Bloomberg) -- Thefts of Apple Inc. products in New York City increased more since last year than crime overall, according to the police department.
Sept. 25 (Bloomberg) -- Tesla Motors Inc., the electric-car maker led by Elon Musk, fell the most in two months after cutting its revenue outlook for the third quarter because of supplier shortcomings and other delays in accelerating production of its Model S sedan.
The District of Columbia can collect sales taxes on the rates hotel guests pay for rooms they book through online travel companies, a judge has ruled.
The federal government has approved the environmental impact statement for a new Tappan Zee Bridge in the New York suburbs, and Gov. Andrew Cuomo said Tuesday the bridge has passed “a significant milestone.”
Sept. 25 (Bloomberg) -- China’s central bank added a record 290 billion yuan ($46 billion) to the financial system using reverse-repurchase agreements, seeking to address a cash squeeze in the run-up to a weeklong holiday.
Sept. 24 (Bloomberg) -- European banks’ reluctance to lend to one another fell to the lowest in more than 18 months, according to a money-market indicator.
Sept. 25 (Bloomberg) -- Barclays Plc raised its forecasts for the euro against the dollar, citing central-bank measures that have negatively affected the greenback and helped the shared currency appreciate.
Sept. 24 (Bloomberg) -- Bank of America Corp. must pay a $500,000 fine for failing to report complaints and lawsuits against stock brokers at Merrill Lynch, the Financial Industry Regulatory Authority said.
The stock market drifted lower Tuesday, giving up early gains.
Capital Bank Financial raised $90.6 million from its initial public offering this week, the bank holding company said Tuesday.
Electronic parts maker Jabil Circuit Inc. said Tuesday its net income fell 28 percent in the fiscal fourth quarter on weak demand in most of its businesses and higher costs.
Research In Motion CEO Thorsten Heins is promising to restore the BlackBerry phone's stature as a trailblazing device even as many investors fret about its potential demise.
IBM President and CEO Virginia Rometty is taking on the added role of chairman, as Samuel Palmisano prepares to retire at the end of this year.
The New York Times Co. is selling its minority interest in the job listing website Indeed.com and said it expects to book a $100 million profit in the fourth quarter.
and into the hands of thieves.
Synnex Corp. said Tuesday that its fiscal third-quarter net income fell 10 percent on virtually flat revenue for the back office support services company.
Sept. 26 (Bloomberg) -- The Federal Reserve’s latest mortgage bond purchases so far are helping profit margins at lenders including Wells Fargo & Co. and JPMorgan Chase & Co. more than homebuyers and property owners looking to refinance.
Sept. 26 (Bloomberg) -- Royal Bank of Scotland Plc’s Irish unit offered to sell properties, including 640 apartments and a hotel, for about 70 percent less than their value at the market’s 2007 peak, according to the broker managing the sale.
A New Mexico-based company is recalling 76 types of peanut butter and almond butter after one of its products was linked to a salmonella outbreak at Trader Joe's groceries.
Sept. 25 (Bloomberg) -- Gold was seen extending its biggest quarterly gain since June 2010 in New York on speculation moves by central banks to bolster economic growth will spur demand.
Sept. 25 (Bloomberg) -- Copper rose in New York, rebounding from the largest drop in seven weeks, after a Conference Board report signaled the economy is stabilizing in China, the biggest global consumer of the metal.
Sept. 25 (Bloomberg) -- The following is a selection of the most important news affecting the oil market.
If there's one thing that can unite political foes in Wisconsin, it just may be the Green Bay Packers.
Carnival's net income was flat in the third quarter as cruise ticket prices declined.
Stocks are higher at midday after a couple of encouraging reports on the economy.
Millions of seniors enrolled in some of the most popular Medicare prescription drug plans face double-digit premium hikes next year if they don't shop for a better deal, says a private firm that analyzes the highly competitive market.
Home prices kept rising in July across the United States, buoyed by greater sales and fewer foreclosures.
The Supreme Court will decide how long the Securities and Exchange Commission can wait before suing fund executives for securities fraud.
A wealthy hedge-fund manager won approval Monday for his plan to bring professional men's basketball and hockey back to Seattle, with initially skeptical City Council members agreeing to put up $200 million for a new arena after he promised to personally guarantee the city's debt.
A federal appeals court reversed itself Monday and threw out a judge's landmark ruling that the Army Corps of Engineers was liable for billions of dollars in Hurricane Katrina flood damage that property owners blame on the corps' maintenance of a New Orleans shipping channel.
The price of Peregrine Pharmaceuticals Inc. stock collapsed Monday after the cancer drug developer told analysts they should not rely on recently disclosed data about its lead product, the potential lung cancer treatment bavituximab.
Ten states saw support fall 30 percent or more and in two _ Colorado and Rhode Island -- the drop was nearly 50 percent. Only seven states increased support.
Sept. 25 (Bloomberg) -- Apple Inc.’s iPhone 5 customers won’t be getting Google Inc.’s map application on their new devices anytime soon.
Republican presidential candidate Mitt Romney smiled and joked with political foe Bill Clinton Tuesday and delivered a speech that subtly criticized President Barack Obama while promising to tie foreign aid to work and free enterprise.
The countdown is on for skydiver Felix Baumgartner.
President Barack Obama told world leaders Tuesday that attacks on U.S. citizens in Libya “were attacks on America,” and he called on them to join in confronting the root causes of the rage across the Muslim world.
Sept. 25 (Bloomberg) -- The U.S. Supreme Court agreed to decide whether police must get a search warrant before forcing a drunken driving suspect to have blood drawn, accepting a case that will shape privacy rights on the road.
Republican White House hopeful Mitt Romney is unlikely to win Bill Clinton's vote, but that doesn't mean he can't soak up a bit of the popular former president's luster.