IBT Staff Reporter

No. 2 U.S. homebuilder D.R. Horton Inc reported a quarterly profit and a sharp increase in orders on Friday, surprising Wall Street and sending shares up across the sector.

Apr 30, 2010

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.

Apr 30, 2010

Corrects in penultimate paragraph to read that business activity expanded in the U.S. Midwest, not United States

Apr 30, 2010

Financial advisers aiming to recruit members of a self-help group for multimillionaires called TIGER 21 should be afraid, very afraid.

Apr 30, 2010

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.

Apr 30, 2010

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.

Apr 30, 2010

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.

Apr 30, 2010

With the current economic climate and changing job market, employers have now started to alter the types of questions they ask in interviews.

Apr 30, 2010

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.

Apr 30, 2010

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 ...

Apr 30, 2010

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.

Apr 30, 2010

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.

Apr 30, 2010

(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.

Apr 30, 2010

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.

Apr 30, 2010

(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.

Apr 30, 2010

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.

Apr 30, 2010

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.

Apr 30, 2010

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.

Apr 30, 2010

Victorian public hospitals have failed to meet hospital targets, in contrast to what the Brumby government has believed about their health systems.

Apr 30, 2010

Warren Buffett may be the world's most famous investor, but even he doesn't get everything right.

Apr 30, 2010

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.

Apr 30, 2010

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.

Apr 30, 2010

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.

Apr 30, 2010

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.

Apr 30, 2010

Toyota Motor Corp announced on Thursday it was resuming sales of its Lexus GX 460 sports utility vehicle that were halted for two weeks.

Apr 30, 2010

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.

Apr 30, 2010

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.

Apr 30, 2010

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.

Apr 30, 2010

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.

Apr 30, 2010