All Latest News Wires
- Apple, Greece pull Dow to worst 2012 showingThe Dow slid 97 points to close at 12780 as Greece slogged though bailout negotiations and Apple stock zigzagged wildly.
- Kellogg to buy Pringles brand for $2.7 billionThe addition will help Kellogg with its goal of becoming as big globally in snacks as it is in cereal. The Pringles business will add to Kellogg's stable of snack brands that include Keebler, Cheez-It and Special K Cracker Chips.
- Stocks rally as Greek debt talks show signs of lifeAfter losing for most of the day, the Dow rallied to close up four points at 12878 on late reports that suggested the unraveling Greek debt talks might be saved after all.
- Apple stock at $500 a share. And climbing?Apple stock hit the $500 mark on Monday. By common valuation standards, Apple stock should be much higher.
- Verizon SNL skit: Is smartphone market too confusing?Verizon and other wireless carriers are marketing so many devices and options that smartphone shopping may be too confusing for the general consumer. Even SNL has poked fun via a Verizon skit.
- $1 billion Empire State Building IPO: why it won't be like Facebook IPOThe Empire State Building is set to make a $1 billion IPO, but investors probably won't be as excited as they were about Facebook or other tech IPOs.
- EU approves Google's $12.5B Motorola Mobility acquisitionEU Competition Commissioner Joaquin Almunia said in a statement Monday that regulators didn't believe the transaction itself raised any competitive problems.
- Tech stocks: Hold Apple. Be selective on others.Tech stocks have engendered a lot of skepticism, but certain tech stocks are attractively priced, analysts say, even Apple.
- Health insurance plan: No more changes on birth control ruleHealth insurance program's new rule on contraceptive coverage, after Obama's compromise for religious groups, will have no other changes, says White House chief of staff. But US Catholic bishops say they will still challenge health insurance plan in the courts.
- Mortgage settlement won't end probes: NY attorney generalMortgage settlement improved because New York, California initially rejected it, some say. Even after mortgage settlement, New York Attorney General Schneiderman is still investigating related fraud.
- Toyota: US probes door fires in Camrys, RAV4sToyota Camry and RAV4 owners have reported their car doors catching on fire, apparently from power window switch. Up to 830,000 Toyotas from the 2007 model year could be affected.
- Stocks endure worst drop of 2012Stocks fall on worries over roadblock to an agreement on Greece's sovereign debt, marking the first losing week for stocks in 2012. Dow falls 89 points, S&P falls 9 points.
- Mortgage relief plan: Can it spark housing rebound?Mortgage relief aimed at trying to boost lagging housing sector. Most of the $25 billion mortgage relief will go to homeowners struggling to pay their mortgages.
- 401(k) plans: Did yours grow? Most didn't in 2011.401(k) plans averaged $69,100 per participant at the end of 2011, down $300 from a year earlier. Fidelity said fees and poor investment performance were behind the lack of growth in 401(k) plans.
- Dunkin' Donuts turning a profit againDunkin' Donuts' parent company, Dunkin Brands, returned to profitability in its fiscal fourth quarter as traffic at Dunkin' Donuts stores improved and customers spent more.
- Despite complaints, House passes insider-trading ban 417-2STOCK Act does not include measure that would regulate those who sell 'political intelligence' to Wall Street, upsetting Democrats and some Republicans. Senate insider-trading ban passed last week with the provision.
- Rebounding economy: Unemployment assistance drops to four-year lowThe number of people seeing unemployment aid dropped to a four-year low, the Labor Department said Thursday. It comes on the heels of 8.3 percent unemployment rate, the lowest in three years.
- Mortgage deal could help 2 million AmericansProposed $25 billion settlement with major mortgage lenders would be biggest in 14 years. Much of the money would go to struggling homeowners and former homeowners hit by improper foreclosures.
- Stocks rally as Greek debt deal draws nearAfter falling as much as 60 points earlier in the day, the Dow closed up 5 points, at 12883 Wednesday as Greece appeared to close in on the cost-cutting deal it needs to keep from defaulting on its national debt.
- Nokia will end cellphone assembly in EuropeNokia is shifting production to Asia to speed up delivery of new products. Nokia will pare 4,000 jobs in Finland, Hungary, and Mexico.