All Latest News Wires
Another quiet day for Wall StreetDow falls 10 points; Nasdaq rises 7 points; S&P closes flat. Stocks are in summer doldrums as traders look for direction.
Google pays record fine to settle federal suitGoogle's $22.5 million fine is largest every imposed by the Federal Trade Commission for breaking a previous agreement. The Google fine was the result of charges the company was tracking millions of Web users.
Postal Service unstoppable in rain, snow. But red ink?Postal Service reports $5.2 billion quarterly loss, most of it from defaulted payment for retiree benefits. Postal Service warns it could run out of cash in October.
On fifth anniversary of credit crisis, global markets fallThe unofficial anniversary of the start of the global credit crisis sees markets down, despite hopes of more Chinese stimulus and encouraging US jobs data.
Smartphone sales: Android extends lead over iPhoneSmartphone sales grow 42 percent worldwide in second quarter. Two-thirds of smartphone sales were Android phones, up from 47 percent a year ago.
S&P rises above 1400 for first time since MayStocks post another gain as S&P and Nasdaq reach milestones. Dow is now less than 1,000 points from all-time high.
As Standard Chartered plunges, taint for London banks spreadsStandard Chartered loses a fifth of its value in early trading a day after allegations of money laundering for Iran. It's the latest of a long string of scandals for London banks.
US stocks move up slightlyDow gains 21 points, while S&P and Nasdaq also rise. BestBuy stock soars on buyout offer, while Knight Capital loses a quarter of its value, despite $400 million in financing.
Best Buy offer: Founder wants to rescue ailing electronics giantBest Buy offer from the company's co-founder would take the electronics seller private only months after leaving as the company's chairman following a scandal involving its CEO. The Best Buy offer values the company at $8.84 billion.
Chick-fil-A protesters plan Friday 'Kiss In' for gay rightsChick-fil-A restaurants will see a different crowd of visitors Friday, as gay rights activists will participate in a national 'Kiss In' to protest the CEO's comments on gay marriage. Demonstrators are encouraged to go to Chick-Fil-A locations and kiss fellow participants of the same sex.
Stocks slump as Europe dithersStocks fall in Europe and the US as European Central Bank make no clear move on the euro debt crisis. The Dow falls 92 points.
N.H. Chick-fil-A manager to donate sandwiches to gay pride festThe support from franchise operator Anthony Piccola for the New Hampshire Pride Fest comes as the restaurant chain continues to be criticized for an executive's comments about gay marriage.
Zuckerberg's sister is now a Google employee. Awkward!Zuckerberg's sister Arielle worked for a social media marketing firm that Google acquired Tuesday. Zuckerberg's sister Randi hints that more family members now work for Google than Facebook.
Fed says US economy has slowed, takes no new actionThe Federal Reserve wrapped up a two-day meeting Wednesday in Washington. Reaction on Wall Street was mixed.
General Motors, Ford slip behind Japanese automakersGeneral Motors' June sales fell six percent, while Ford's dwindled by four percent. Honda and Toyota – both Japanese companies – saw sales skyrocket by 45 and 26 percent, respectively. What are American automakers doing wrong?
Chick-fil-A: Supporters, protesters plan dueling demonstrationsChick-fil-A supporters will eat in the company's restaurants Wednesday for national 'Chick-fil-A Appreciation Day.' Meanwhile, those outraged over Chick-fil-A's stance on gay marriage have plans of their own.
Facebook shares spook investors now. But long term?Facebook shares reach lowest level ever as revenue growth slows and investors cash out. Analysts are more upbeat about the potential for Facebook shares.
Tax cuts: Obama, Hatch trade barbsTax cuts were subject of Obama's Saturday radio address, where he urged GOP to extend Bush-era tax cuts for all but the wealthy. Republican Sen. Hatch blasted Democrats for trying to raise taxes on businesses.
Capital One settlement: $12 million to customers in militaryCapital One settlement means bank will pay service members at least $125,000 for unlawful foreclosures, $10,000 for repossessed cars. Those denied credit card benefits will also be reimbursed in Capital One settlement.
Insider trading scandal tarnishes Nomura. CEO resigns.Insider trading investigation at Japan's biggest investment bank topples CEO. Nomura plans reforms to prevent insider trading after admitting that employees leaked information to clients.
