A U.S. congressman has asked the Obama autos task force to withhold further emergency aid to Chrysler until the automaker resolves a financial dispute with an Indiana county stemming from a failed plant project.
KB Home posted a quarterly loss that was not as bad as Wall Street had expected, as orders rose and the builder took a smaller charge to write down the value of its landholdings, sending shares up as much as 12 percent.
Jack Dreyfus, the so-called Lion on Wall Street, died March 27 at New York Hospital, the asset management firm that he founded said on Friday.
Apple could capture nearly 20 percent of China's sizable smartphone market, giving it a considerable boost in users as its popular iPhone crosses the Pacific, analysts contend.
U.S. stocks slid on Friday as investors booked profits in the wake of a recent surge, and bank shares dropped after several bank executives indicated March had been a tougher month than the previous two.
Technology companies like Sybase and VeriSign are looking to tap robust growth in the nascent U.S. mobile banking market as text message use rises and banks aggressively explore ways to save.
U.S. stocks tumbled further on Friday, with indexes sliding more than 2 percent after comments from JPMorgan Chase's chief executive that March was a little tough.
Auto interiors and battery maker Johnson Controls Inc said it would close an additional 10 plants and cut more jobs than planned as it expects no near-term recovery in global auto production.
Stocks slipped on Friday as investors took profits following a recent surge, and energy shares drooped along with the price of oil.
UBS said on Thursday a decision by Switzerland and other offshore centers to cooperate more on tax evasion did not weaken the Swiss bank's stance in an ongoing U.S. tax dispute.
Japan edged closer to deflation, highlighting a threat to the world economy before next week's G20 summit where Europe and the United States may clash over stimulus plans, but seek common ground on regulating the financial system.
KB Home posted a quarterly loss that was not as bad as Wall Street had expected, as orders rose and the builder took a smaller charge to write down the value of its landholdings, sending its shares up more than 10 percent.
U.S. consumer spending rose for a second consecutive month in February and sentiment edged up in March, according to reports on Friday that backed views that the worst of the recession may be over.
Move over fancy, pricey cellphones. The buzz ahead of the annual CTIA wireless show next week is all about cheaper data plans and mobile software stores, where a few dollars can get you a game or other cool application to impress your friends.
Google Inc is cutting its sales and marketing team by roughly 200 employees, saying it had over-invested in certain parts of the company.
U.S. stocks fell on Friday as investors booked profits following a recent rapid surge, while the energy sector dropped along with the price of oil.
Japan on Friday ordered its military to prepare to intercept any dangerous debris that might fall on its territory if a rocket launch planned by North Korea goes wrong.
U.S. consumers' mood brightened a bit in March, nudged up by increased confidence in government economic policy, but overall sentiment remained near an all-time low, a survey showed on Friday.
The world will go dark on Saturday night beginning from New Zealand's remote Chatham Islands and then spreading to thousands of cities, towns, and landmarks in observance of Earth Hour.
President Barack Obama will quiz top U.S. bankers on Friday about developments in the economy and their businesses as his administration seeks broader authority to regulate the financial system.
Wall Street was set for a lower open on Friday as investors assessed the strength of a recent surge that has March on track to see the biggest monthly percentage gain since 1974.
Japan slipped to the brink of deflation and inflation in Europe slid closer to zero, underlining a threat to the world economy before next week's G20 summit which is supposed to produce a cure for the crisis.
