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High gas prices will slow car sales, not stop themAutomakers are ready for surging gas prices with more fuel-efficient vehicles. Only if gas prices move above $5 a gallon could automakers face a big slowdown.
Dow 13000 mark close, but not quiteThe Dow made another run at 13000, finishing up 46 points at 12984. Despite coming within four points of the mark, early losses kept the index from reaching 13000.
AT&T CEO loses $2 million over T-Mobile breakupAT&T chief takes a big pay cut, but the company lost $4.2 billion because of its failed deal to acquire T-Mobile USA. The AT&T executive still makes $18.7 million a year.
Sears posts $2.4 billion loss, shedding some storesThe disclosures of the store plans came as the Hoffman Estates, Illionis-based company reported it swung to a loss in the fourth-quarter while revenue fell 4 percent to $12.48 billion.
Stocks close lower after flirting with 13000The Dow lost 27 points to close at 12938 Tuesday as stocks closed lower for the first time in four trading days.
Dow breaks 13000 but can't stay thereThe Dow rose 15 points to close at 12965, just shy of the 13000 mark that it crossed earlier Tuesday. It was the first time the index had reached that mark since 2008.
Stock market: After almost 4 years, Dow cracks 13000The stock market hit a big milestone Tuesday, as the Dow Jones industrial average hit 13000 for the first time since 2008. The stock market got the final push from strong corporate earnings reports and a Greek bailout deal.
Gas prices: Could surge at pump derail recovery?Gas prices in California rise above $4 a gallon. By spring, some areas could see gas prices rise to $5 a gallon.
Yelp IPO is near, could raise $115 millionYelp IPO targets stock price at $12 to $14 a share. Yelp IPO target suggests company could be worth up to $840 million.
Knicks on TV: MSG, Time Warner finalize dealKnicks basketball is back for 2 million Time Warner Cable subscribers in New York City. The carrier has finalized its deal with the MSG network. Fans had not been able to watch Knicks games on the network since Jan. 1.
Oil prices soar as Iran cuts off supplyOil prices jumped to $105 per barrel Monday after Iran halted exports to Britain and France. Oil prices are now at a nine-month high.
Bankruptcy court lets Washington Mutual reorganizeBankruptcy reorganization calls for failed bank to distribute $7 billion to creditors and 418 million to shareholders. Bankruptcy proceedings took more than three years.
Insider trading suspect: Are his threats ominous?Insider trading case leads to arrest of suspect. Federal prosecutors say he should stay jailed because he threatened them during the insider trading investigation.
King-size candy is dead! Long live smaller bars?King-size candy will no longer be made after 2013, says maker of M&M's, Twix, and Snickers. King-size candy bars will give way to products with no more than 250 calories.
Infant Tylenol recall: new setback for Johnson & JohnsonInfant Tylenol is being recalled across the US because of faulty bottles. Infant Tylenol is only the latest of some 25 recalls in less than three years for a unit of Johnson & Johnson.
Dow comes within nearly 50 points of 13000The Dow rose 45 points to close at 12949 Friday, inching toward a 13000 mark it hasn't seen since before the 2008 financial crisis.
E. coli outbreak: Time for Jimmy John's to nix sprouts?E. coli outbreak in five states linked – again – to Jimmy John's sprouts. Sandwich chain had switched to raw clover sprouts after an earlier E. coli outbreak from alfalfa sprouts.
30-year mortgage rates stay at record low30-year mortgage rates average 3.87 percent for the third week in a row. That's the lowest for 30-year mortgage rates since the 1950s, when the long-term loans became popular.
Stock market jumps; Dow barrels toward 13000Stock market was buoyed by good news about jobs and housing. The Dow rose 123 points to close at 12904, within 100 points of 13000. Gains on the stock market overlooked problems in Greece for the time being.
Payroll tax deal: Congress moves toward agreementPayroll tax cut, long-term unemployment benefits would be preserved under a bipartisan deal. But negotiators won't predict whether Congress will pass the payroll tax deal by Friday.
