All Latest News Wires
- Jon Stewart and Spongebob return as DirecTV, Viacom reach dealViacom Inc. and the satellite TV service provider said Friday that they have settled a dispute that had cut off access to 17 Viacom channels for DirectTV subscribers. Terms of the deal were not disclosed.
- US stocks creep up; IBM, other tech stocks riseDespite strong gains from IBM and other tech stocks, gains on The Street were weak, with the Dow Jones industrial average rising 34 points to close at 12,943. Although modest, Thursday's close marked the third straight day of gains.
- HSBC money laundering: Bank vows fixes. Senators doubtful.HSBC money laundering comes under the microscope in a Senate hearing. Bank officials promise to shut down operations in the Cayman Islands, tied to HSBC money laundering.
- Jump in housing starts, earnings send stocks upNew signs of recovery in the housing market and strong corporate earnings sent stocks higher for a second straight day. The Dow Jones rose 103 points, to close at 12,908. The positive showing comes on the heels of an otherwise dismal start to July trading.
- 450-year-old debt. Trillions owed. But will German village get repaid?450-year-old debt note from Berlin to Mittenwalde appears authentic, but German capital has only paid a guilder so far. With interest and inflation, the 450-year-old debt of 11,200 guilders is worth trillions of euros today.
- Stocks rise; Mattel, Coke among earnings winnersStrong performances from a handful of companies including Barbie maker Mattel, and Coca-Cola pushed the Dow Jones average up for only the third day this month. The closely-watched index closed up 78 points to land at 12,805.
- Stephen Covey, '7 Habits' author, dies at 79Stephen Covey, author of the massive self-help bestseller, 'The 7 Habits of Highly Effective People,' died Monday in Idaho. Stephen Covey's landmark book sold in excess of 20 million copies in 40 languages and spawned a multimillion-dollar business empire.
- Planned Parenthood sues Arizona for cut fundingPlanned Parenthood sued the state of Arizona Monday in an effort to overturn a law that blocks funding for its health clinics because the organization also performs abortions. The new law is part of a national campaign against Planned Parenthood orchestrated by conservatives.
- Comcast, NBC build a wall between MSNBC website, TV channelComcast and NBC draw a line between the liberal commentators of the MSNBC channel and the straight-news MSNBC website.
- Yahoo's new CEO: Marissa MayerGoogle Inc's Marissa Mayer will become Yahoo Inc's new chief executive on Tuesday, edging out front-runner and acting CEO Ross Levinsohn.
- MSNBC.com joint venture dissolved, Microsoft and NBC go separate waysThe breakup announced late Sunday dissolves the final shreds of a 16-year marriage between Microsoft Corp. and NBC News.
- Oil prices fall below $87 per barrel on Chinese economic warningsOil prices fell slightly in Asia Monday on downbeat economic comments from China's premier. Oil prices fell 41 cents to $86.69 per barrel.
- Gas prices fall 7 cents. But is the decline over?Gas prices hit $3.41 a gallon, down 14 percent from this year's peak. But rising oil prices suggest the decline in gas prices will end.
- Happy Friday! JPMorgan launches stock market rallyShowing a vote of confidence in JPMorgan Chase Friday, relieved investors drove up bank stocks, ended a six-day losing streak for the market and sent the Dow Jones industrial average up 204 points, the best day this month, to close at 12,777.
- Groupon stock hits lowest level since debutGroupon stock fell Wednesday to its lowest price since the company went public last November. In June, the deal site's web traffic delined 15 percent from a year earlier, which may have contributed to the drop in Groupon stock.
- Stocks slide on Wall Street for sixth straight dayUS stocks slid for a sixth day Thursday as concern spread that weaker global economic growth will hurt US corporate earnings. The Dow fell as much as 112 points in early trading. It recovered to turn briefly positive before closing with a loss of 31 points, or 0.3 percent, at 12,573.
- Jobless claims plunge to a 4-year low. Good sign?Jobless claims dropped by 26,000 last week, hitting the lowest level seen since March 2008. But experts expect the steep drop in jobless claims to even out in the coming weeks.
- Jamie Dimon: 4 questions for CEO as bank earnings loomJamie Dimon and JPMorgan Chase will be center stage as the bank reports its quarterly earnings Friday. Four questions for Jamie Dimon and JPMorgan's other top executives.
- Stocks close lower for fifth day straightIt was the fifth straight day of losses for both the Dow and S&P. That's the worst stretch for both since a six-day losing streak in May. With the US economy sluggish, there was little for investors to hold on to as the Dow closed down 48 points at 12,604.
- DirecTV, Viacom dispute darkens 26 cable channelsDirecTV has dropped 26 channels for nearly 20 million subscribers, who have lost access to Nickelodeon, Comedy Central, and other networks owned by Viacom, as financial negotiations between the two parties reached an impasse Tuesday. Viacom said DirecTV dropped the channels without any warning, while DirecTV countered that its hand was forced by Viacom.