Wall Street falls as Friday jobs data turns buyers off
Stocks fell on Monday, led by industrials and technology as investors stayed on their heels after last week's payrolls figure discouraged buyers.
Comments from euro zone finance ministers
Following are comments from euro zone finance ministers and other officials who gathered in Luxembourg on Monday for a meeting, with the agenda focused on the euro zone debt crisis.
Wall Street drops as jobs data keeps buyers at bay
Stocks fell on Monday, led by industrials and technology as investors stayed on their heels after last week's payrolls figure discouraged buyers.
OECD, Canada urge clear plans for cutting deficits
Countries with big deficits must offer clear plans on how they will balance their budgets to maintain investor confidence and avoid problems seen in Europe, top economic policymakers said on Monday.
Burger King sees EPS hit due to currency
Burger King Holdings Inc said on Monday it expects unfavorable foreign exchange rates, primarily related to the euro, to reduce earnings for the current quarter by 1 to 2 cents per share.
Skin cancer drug news boosts Bristol shares
Bristol-Myers Squibb Co's shares rose more than 8 percent on Monday after news over the weekend that its experimental drug ipilimumab extended survival in patients with deadly skin cancer.
Connecticut asks Google if it collected Wi-Fi data
Connecticut's top prosecutor called on Google Inc on Monday to say whether it had collected data from personal and business wireless networks without the owners' permission.
Walgreen won't be provider in new CVS drug plans
Walgreen Co will not be a provider for any new or renewed drug plans handled by CVS Caremark Corp's pharmacy benefits manager, which it said bypasses Walgreen pharmacies in favor of its own.
Warren Buffett lunch auction gets no bids. (Yet)
For the moment, there's a bear market in Warren Buffett.
Banks asked about GM lending lines pre-IPO: report
Morgan Stanley Chairman John Mack said that banks wanting to participate in the initial public offering of General Motors Co were being asked about lending lines for the ailing U.S. automaker.
Burger King sees Q4 EPS hit due to currency
Burger King Holdings Inc said on Monday it expects unfavorable foreign exchange rates to reduce earnings for the current quarter by 1 to 2 cents per share, and to have a neutral to slightly negative impact on full-year results.
Apple unveils next iPhone, looks to fend off Google
Apple Inc introduced the newest version of its iPhone on Monday, hoping to stay a step ahead of a growing cast of rivals like Google Inc in the red-hot smartphone market.
EU seeks safety net deal, Germany sets cuts
European finance ministers sought to calm nervous markets Monday by nailing down details of a massive financial safety net for the euro zone as Germany unveiled new budget cuts it hopes will set an example for its partners in the bloc.
Countrywide settles FTC charges for $108 million
Countrywide Financial Corp, the mortgage lender that became synonymous with risky lending practices, has agreed to pay $108 million to settle government charges that two Countrywide mortgage servicing companies misled and overcharged consumers.
Connecticut to ask Google if collected WiFi data
Connecticut's top prosecutor plans to call on Google Inc on Monday to say whether it had collected data from personal and business wireless networks without the owners' permission.
Commission serves Goldman with subpoena
A government commission investigating the financial crisis has issued a subpoena to Goldman Sachs Group Inc for failing to comply with a request for documents and interviews in a timely manner, the commission said on Monday.
Coke to pay Dr Pepper $715 million to sell drinks
Coca-Cola Co will pay Dr Pepper Snapple Group Inc $715 million for the right to continue selling Dr Pepper drinks once it acquires its North American bottler.
Apple readies next iPhone and looks to fend off Google
Apple Inc is widely expected to introduce its latest iPhone on Monday, as the company hopes to expand its lead in the increasingly competitive smartphone market.
Jobs headlines Apple event, new iPhone expected
Apple Inc is widely expected to introduce its latest iPhone on Monday, as the company hopes to expand its lead in the increasingly competitive smartphone market.
Global air industry sees profit, warns on Europe
Global airlines banished two years of misery with an abrupt turnaround in industry forecasts as the world economy recovers, but laced their outlook with caution on carriers in debt-laden Europe.
Nasdaq off as selling pressure remains
The Dow and S&P 500 were modestly higher on Monday while the Nasdaq was lower, adding to last week's losses on a disappointing May payrolls report.
Dow, S&P flat; Nasdaq off as selling pressure remains
The Dow and S&P 500 were modestly higher on Monday while the Nasdaq was lower, adding to last week's losses on a disappointing May payrolls report.
Coke in $715 million distribution pact with Dr Pepper
Coca-Cola Co will pay $715 million to distribute drinks from Dr Pepper Snapple Group , which had earlier reached a similar, but pricier arrangement with PepsiCo .
The Wizard of Westwood: A Leader for the Ages
Few in the arena of sports and leadership have had such a lasting impact on and off the court than legendary basketball coach John Wooden. At the age of 99, just four months shy of his 100th birthday, John Wooden has passed away.
Conference board jobs index rises in May
A gauge of the job market rose in May for the ninth straight month, indicating that a disappointing May jobs report released by the government last week may be a one-off, a research group said on Monday.
Wall Street slips as selling pressure continues
Wall Street fell on Monday, and added to last week's losses on the heels of a disappointing payrolls report, with little news or data to counteract the selling pressure.
Prudential defends Asia bid amid shareholder anger
British insurer Prudential's management sought to ease shareholder anger over its botched bid for AIG's Asian unit at a meeting on Monday, unveiling bumper sales and apologizing for the misadventure's huge costs.
EU seeks accord on safety net
European finance ministers sought to calm nervous financial markets on Monday by nailing down details of a massive financial safety net for the euro zone and working toward stricter budget discipline rules.
Chrysler recalls nearly 600,000 vehicles
Doors that could catch fire, brakes that could fail and accelerators that could stick have caused Chrysler Group LLC to recall nearly 600,000 vehicles involving five models in the United States.
Changan to make Ford car under own brand: sources
Chongqing Changan Automobile is in talks with partner Ford Motor to produce a mid-sized car in China using Ford technology but carrying a Changan brand, as they move to take their partnership to a new level.