Fed Still Divided as Fisher Sees no Need for QE3
A third round of large-scale asset purchases by the Federal Reserve is not needed and would compound the difficulties of tightening monetary policy when the time finally comes, a top Fed official said on Thursday.
Google Tightens Security in Android App Store
Google Inc has been quietly policing its online store for months now in an acknowledgement of malware's growing threat to its increasingly popular Android mobile software.
Martha Stewart Living Says Macy's Deal Has Loophole
Martha Stewart Living Omnimedia's contract with Macy's to exclusively sell certain products has a loophole that will let the company sell in J.C. Penney Co stores, according to the home-goods company.
Martha Stewart Living says Macys deal has loophole
Martha Stewart Living Omnimedia's contract with Macy's to exclusively sell certain products has a loophole that will let the company sell in J.C. Penney Co stores, according to the home-goods company.
THQ Misses Street on Weak Game Sales, Cuts Forecast
THQ Inc's cut its annual earnings forecast on Thursday and told investors it would become a much smaller video game company with half the volume of sales next year.
Analysis: Obstacles High for More Mortgage Prosecutions
Despite the determination of President Obama to take Wall Street to court for the financial crisis, prosecutors face an uphill struggle to win more convictions like the two they scored on Wednesday against former Credit Suisse Group AG mortgage traders.
News Corp taps Bloomberg executive to lead Dow Jones
Rupert Murdoch's News Corp on Thursday named Bloomberg LP executive Lex Fenwick as chief executive officer of its Dow Jones & Co unit which houses its Wall Street Journal newspaper.
Fed's Fisher: policy action hinged to inflation
The U.S. Federal Reserve may have more latitude to pursue easy-money policies if inflation runs below its newly-set 2-percent target, though such a move does not guarantee more jobs, a top central bank official said on Thursday.
Fed's Fisher: Policy Action will Hinge on Inflation
The Federal Reserve may have more latitude to pursue easy-money policies if inflation runs below its newly-set 2-percent target, though such a move does not guarantee more jobs, a top central bank official said on Thursday.
Susan G. Komen Foundation Defunded Planned Parenthood, but Not Penn State: Why?
The Susan G. Komen Foundation for the Cure has revoked Planned Parenthood's funding because the group is under federal investigation, but it has not revoked Penn State University's funding, even though Penn State is under federal investigation as well.
Take-Two Quarterly Revenue Falls on NBA Video Game
Take-Two Interactive's third-quarter revenue missed Wall Street expectations after the video game maker sold fewer copies of its basketball video game, NBA 2K12, than expected.
Signs of a Split Among Volcker Rule's Opponents
As pro-business groups clamor to convince regulators to overhaul their draft of the controversial Volcker rule, fault lines are emerging within the opposition over just what a revamped draft should look like.
Advice to new Facebook millionaires: take a breath
The first thing the 1,000 or so new post-IPO Facebook millionaire employees might need: a reality check.
Signs of split among Volcker rule's foes
As pro-business groups clamor to convince regulators to overhaul their draft of the controversial Volcker rule, fault lines are emerging within the opposition over just what a revamped draft should look like.
Group seeks to save data on Megaupload servers
The Electronic Frontier Foundation on Thursday asked federal prosecutors and lawyers for the Megaupload.com file-sharing service to allow users who uploaded material to retrieve it as long as it was not copyrighted material.
They're Not Facebook, but Social Media Stocks Run up Anyway
The hype over Facebook's initial public offering has excited investors revisiting other social media companies, even though most of those stocks have plunged since the fanfare of their own IPOs.
Redbox Lacks Streaming Presence as Netflix, Amazon Saturate the Market
As companies such as Netflix and Amazon increasingly set their sights on their online streaming business, competitor Redbox has what some analysts believe is a serious problem: no streaming service.
China's Wen: May consider bigger role in EU rescue
China is considering increasing its participation in the rescue funds aimed at resolving the European debt crisis, Chinese Premier Wen Jiabao told journalists on Thursday.
Fiery CEOs may clash in Glencore-Xstrata talks
As a tie-up between trader Glencore and miner Xstrata is hammered out in coming days there is plenty of scope for hard bargaining between the two sides' highly competitive South African bosses.
Exclusive: Hacked companies still not telling investors
At least a half-dozen major U.S. companies whose computers have been infiltrated by cyber criminals or international spies have not admitted to the incidents despite new guidance from securities regulators urging such disclosures.
L.A. contemporary artist Mike Kelley found dead
Influential contemporary artist Mike Kelley has been found dead at his home in a Los Angeles suburb and authorities said on Wednesday they were investigating his death as a possible suicide.
Groupon Basks in Facebook Glow, for Now
Groupon Inc shares jumped to their highest level of 2012 Thursday as the daily deal company got a boost from social networking euphoria sparked by Facebook's IPO filing.
Groupon basks in Facebook light, for now
Groupon Inc shares jumped to their highest level of 2012 Thursday as the daily deal company got a boost from social networking euphoria sparked by Facebook's IPO filing.
AMD's CEO prepares chipmaker for a fight
Advanced Micro Devices' new chief executive delivered an enthusiastic pitch in his debut before Wall Street analysts, saying he was getting the struggling PC chipmaker fit to fight in a quick-changing computer industry.
Veterans help manufacturers plug skills gap
Three years ago Gabe Collins was on the front line in Kandahar province, one of the most dangerous places in war-ravaged Afghanistan, conducting search and rescue missions with the U.S. Navy.
Wall Street Holds Steady with Payrolls Set to Test Rally
Investors largely took a wait-and-see approach on Thursday as stocks ended little changed ahead of Friday's key employment report, but tech shares rose after strong earnings from chipmaker Qualcomm.
Wall Street holds steady as payrolls set to test rally
Investors largely took a wait-and-see approach on Thursday as stocks ended little changed ahead of Friday's key employment report, but tech shares rose after strong earnings from chipmaker Qualcomm.
Redbox Parent, Coinstar, Expected to Take Small Earnings Hit Due to Dodd-Frank Regulations
Coinstar is expected to report net profit of $20.93 million, or 65 cents a share, down 7.1 percent from $22.42 million,or 68 cents a share in the year earlier period..
AMD's CEO Prepares Chipmaker for a Fight
Advanced Micro Devices' new chief executive delivered an enthusiastic pitch in his debut before Wall Street analysts, telling them he was getting the struggling PC chipmaker fit to fight in a quick-changing computer industry.
Rick Santorum Endorsed by Sharron Angle: What Does It Mean?
Rick Santorum has picked up a last-minute endorsement in Nevada from Sharron Angle, a popular Tea Party figure who ran unsuccessfully for the U.S. Senate in 2010. How much will Angle's backing help Santorum's struggling campaign?