Corrected: Wall Street down on Goldman probe, GDP data
Corrects in penultimate paragraph to read that business activity expanded in the U.S. Midwest, not United States
Millionaire support group skeptical of advisers
Financial advisers aiming to recruit members of a self-help group for multimillionaires called TIGER 21 should be afraid, very afraid.
Consumers step up spending, bolstering growth
The U.S. economy expanded at a 3.2 percent annual rate in the first quarter as consumers stepped up spending, the strongest sign yet a sustainable recovery is taking hold.
U.S. Q1 employment costs rise 0.6 percent
Employment costs in the United States rose slightly more than expected in the first quarter, driven by benefits that recorded the biggest jump in almost three years, Labor Department data showed on Friday.
D.R. Horton surprises Street with quarterly profit
No. 2 U.S. homebuilder D.R. Horton Inc reported a quarterly profit on Friday, surprising Wall Street and sending its shares up in premarket trading.
Employer Interview Questions
With the current economic climate and changing job market, employers have now started to alter the types of questions they ask in interviews.
Honda recalls 167,255 Acura TSX cars in the U.S.
Honda Motor Co Ltd said it would recall 167,255 Acura TSX sedans sold in the U.S. market to address the risk that power steering fluid could leak and cause an under-the-hood fire.
RIM breaks into top 5 in surging phone market
Blackberry maker Research in Motion broke into the top five cellphone makers in January-March for the first time, helped by 50 percent growth in the global smartphone market. The global handset market has been dominated by five major players -- Nokia , Samsung , LG Electronics , Motorola and Sony Ericsson ...
Chevron profits jump on oil price
Chevron Corp , the second-largest U.S. oil company, reported on Friday a sharp rise in quarterly profit, as oil prices bounced back strongly in the past year, offsetting lower earnings from its refineries.
Newell profit tops Street; full-year view raised
Newell Rubbermaid Inc's quarterly profit beat Wall Street estimates on Friday on improving sales trends across all its markets, prompting the consumer products maker to raise its full-year outlook.
WellPoint revising rate increases in California
(Reuters) - WellPoint Inc's (WLP.N) California unit will revise rate requests for its individual plans in the state that drew national political fire during the U.S. health reform debate.
Smartphone shipments surge
Smartphone shipments surged 50 percent in January through March versus a year ago, notching up the strongest growth in the last three years with Apple Inc and Nokia Oyj taking market share, a survey showed.
Gene scan shows man's risk for heart attack, cancer
(Reuters) - A California college professor who sequenced his own genome has had it analyzed -- and discovered he has a high risk of dropping dead of a sudden heart attack, as well as a high prostate cancer risk.
Wall Street down on Goldman probe, GDP data
U.S. stocks fell on Friday as shares of Goldman Sachs tumbled on reports of a federal probe into the Wall Street powerhouse and after first-quarter gross domestic product came in weaker than expected.
Geithner vows crackdown on mortgage servicers
Treasury Secretary Timothy Geithner on Thursday slammed mortgage service companies for failing to do enough to help Americans avoid losing their homes and promised to crack down on shoddy practices.
Cigarette tax increase and plain packaging to start by 2012
Tobacconist and small cigarette businesses are the ones who will be affected with the tax increase and simple packaging move of the government by 2012.
Brumby government remains in denial about Victorian hospitals failure
Victorian public hospitals have failed to meet hospital targets, in contrast to what the Brumby government has believed about their health systems.
Buffett makes good bets, bad bets
Warren Buffett may be the world's most famous investor, but even he doesn't get everything right.
Consumers shine despite slower-than-expected GDP
The U.S. economy expanded at a 3.2 percent annual rate in the first quarter as consumers stepped up spending, suggesting the recovery was growing more durable.
Nissan's Leaf electric vehicle to be in the black
Nissan Motor Co said on Thursday it is on track to book 25,000 U.S. orders for its Leaf electric vehicle by the end of the year and the automaker will be making money on the green car.
Key lawmakers want new, tougher auto standards
U.S. auto regulators would be required to establish minimum standards to prevent unintended acceleration and carmakers would pay substantially higher fines for withholding safety information from the government, according to draft legislation being circulated.
U.S. starts criminal probe into Goldman: source
Federal prosecutors in New York have begun investigating Goldman Sachs Group Inc, raising the possibility of criminal charges against the company or its employees, a source familiar with the situation said on Thursday.
Toyota resumes selling Lexus SUV
Toyota Motor Corp announced on Thursday it was resuming sales of its Lexus GX 460 sports utility vehicle that were halted for two weeks.
Stock futures point to flat open after GDP data
U.S. stock index futures pointed to a flat open on Friday as worries over debt-laden Greece eased and the economy grew in the first quarter but at slightly slower-than-expected pace.
Buffett ready to discuss Goldman woes: report
Famed investor Warren Buffett will address the allegations facing Goldman Sachs Group Inc at his Berkshire Hathaway Inc holding company's annual meeting on Saturday, according to the Wall Street Journal.
Barclays profits rise, BarCap misses lofty hopes
Barclays Plc's investment bank results failed to match the lofty growth shown by many rivals, knocking its shares and taking the shine off a 47 pct rise in group quarterly pretax profit.
German private sector to help Greece
German financial and industrial firms will contribute to a multi-billion euro bailout for Greece, a senior banking source said, as talks to secure the aid in return for tough Greek budget cuts edged toward a deal.
Stock futures edge up on Greece, ahead of GDP data
U.S. stock index futures were slightly higher on Friday ahead of the advance reading of first-quarter gross domestic product and as investors awaited a deal to bail out debt-ridden Greece.
Stock futures up ahead of GDP data
U.S. stock index futures were slightly higher on Friday ahead of the advance reading of first-quarter gross domestic product and investors awaited a deal to bail out Greece.
Asia, Africa to drive coffee production growth
A dynamic model was used to make coffee projections. It covers the major exporting and importing countries of green coffee. Supply, demand and stock functions were estimated for each of the major exporting and importing countries. The model performs dynamic simulation forward in time and generates forecasts on the basis of assumptions for the future behaviour of GDP, consumer price indices and exchange rates.