American, United, Delta Boost Round-Trip Fares up to $60
AMR Corp.'s American Airlines, UAL Corp.'s United Airlines and Delta Air Lines Inc. raised fares in the U.S. by up to $60 as the airline industry continues to struggle with soaring oil jet-fuel costs.
Video Medical Consultations Makes its way to Web
Have you ever wished that doctor would appear in a blink of an eye without having to wait or spend thousands of dollars? A new project launched today in Miami offers video medical consultations for $40 with webcams available through MDWebLive.com.
Price Hikes Coming for Kleenex, Huggies
Kimberly-Clark Corp, the maker of Kleenex facial tissue and Huggies diapers, said on Friday that it plans to raise prices in the U.S. for its baby, childcare and consumer tissue products.
Stocks: Rise Over 2% On Wall Street Rally, Nikkei Retakes 14,000
Tokyo stocks closed over 2 percent higher on Friday, with Japan's key Nikkei index topping the 14,000 line for the first time in about two months, as an overnight surge in U.S. stocks led to heightened optimism about the U.S. economic outlook.
Wing Lung's owner picks Merchants bank as preferred bidder
Hong Kong based Wing Lung Bank Ltd. has picked China Merchants Bank Co. as its preferred bidder after the Wu's family announced to sell its whole 53 percent stake.
GM Reveals Strike's Toll on Production
General Motors Corp. shares fell almost 5 percent on Friday after the automaker said the three-month strike by the United Auto Workers at American Axle & Manufacturing Holdings AXL is expected to cost $1.8 billion after leaving production.
Potential Facebook IPO keeps investors speculating
Will it, won't it? If so, when? If not, why not? An entire cottage industry of speculation has built up around the public debut of Facebook
US automakers at the brink as oil surges
As oil prices surge, a new risk looms for Detroit: the future may be slipping out of its control.
Probe set for Sunday landing on Mars
A small robotic probe will examine the planet's arctic circle to for signs of life
Ex-SocGen Trader May have Had Help
Jerome Kerviel, the former trader at French bank Societe Generale accused of making unauthorized trades that cost the firm billions of euros may have been helped by someone inside the company, according to a report released today.
PRECIOUS METALS: Gold Futures Almost Seal a 3 Percent Weekly Gain
Gold futures rose higher on Friday and recorded a third straight weekly gain of almost 3 percent as weakness in the U.S. dollar a and surging energy costs boosted the demand for the precious metal as a hedge against inflation.
GTX's Prostate Cancer Treatment Will Complete Efficacy Analysis
GTx Inc. said on Friday its prostate cancer treatment will continue the late stage of its clinical trial as it did not bear the results that were expected. Shares of the company slumped.
U.S. Stocks Tumble as Oil Continues to Climb
U.S. stocks fell on Friday, extending the biggest weekly retreat since February and placed the market on track for weekly losses as crude oil resumed its surge to top $133 a barrel.
Morgan Stanley Downgrades Sun Microsystems Rating, Ups Dell
Morgan Stanley downgraded Sun Microsystems on Friday, saying the computer hardware and software maker is at risk as demand shifts downstream and pricing pressure increase.
Wyeth Urged for more Data on Osteoporosis drug
Wyeth said on Friday that U.S. regulators addressed an approvable letter seeking for more information about its osteoporosis drug, delaying the approval of the treatment.
Top Contenders for Weather Channel Emerge: NBC and Time Warner
Time Warner and a General Electric Co's NBC Universal partnership with the Blackstone Group are the lead contenders in today's round-two of the Weather Channel auction, according to media reports.
Beer Battle Brews as InBev Plans Anheuser Takeover: FT
European beer maker InBev NV, which owns the Becks and Stella Artois brands, is preparing a $46 billion buyout offer for American rival Anheuser-Busch Cos., the owner of the Budweiser brand, according to a report.
S&P Place U.S. Airline Ratings on Negative CreditWatch
As the airline industry continues to lag, Standard & Poor's Ratings Services hit the industry's latest blow on Thursday by placing nine major domestic airlines on CreditWatch with negative implications as they face due to record high jet fuel costs.
Mesa Air Bordering on Bankruptcy if Delta Ends Contract
Mesa Air Lines said Thursday it may seek bankruptcy protection if a fails to stop Delta Air Lines from moving ahead with a plan to cancel a service contract.
Gap Shows Profit but Sales Slide
Clothing retailer Gap Inc said profit for the latest quarter rose 40 percent even as sales at its more than 3,000 stores fell.
Medtronic settles Fraud case with Medicare for $75 Million
Medtronic Inc. made an agreement of $75 million to settle allegations from the Justice Department that its Medtronic Spine LLC department caused hospitals to submit false claims to Medicare.
Murdoch Moves WSJ to News Corp.'s Midtown Office
News Corp. owner Rupert Murdoch is moving his 6-month old Wall Street Journal from Manhattan's financial district to midtown where the company's headquarters are located at 1211 Sixth Avenue.
Wellcare Health cuts 280 employments
WellCare Health Plans Inc. said on Thursday it cut 208 jobs or about 5 percent of its work force after completing a comprehensive review of its business, the company reported.
McDonald's Holds down Dollar Meal, Making Menu Healthier
Oak Brook, Ill-based McDonald's Corp. said Thursday it's making the menu healthier and will uphold its Dollar Menu in spite of a tough economy.
Copper Drops as Dollar rises and investors fear U.S. demand is likely to slow
Copper fell on Thursday to its lowest this week as the dollar gained and investors are concern demand from the U.S. is weakening.
Crude retreats as Dollar gains, investors sell on Profit-taking
Crude prices declined more than $2 a barrel on Thursday as traders sold on profit taking and the dollar rallied against the euro.
U.S. Stocks Rise on Drop in Jobless Claims, Oil Falls
U.S. stocks gained on Thursday for the first time in three days after an unexpected drop in jobless claims and oil prices retreated from record breaking heights.
Barnes & Noble drops sales outlook, reaffirms full-year earnings
Barnes & Noble lowered its sales outlook for the year but reaffirmed its profit expectations based on lower than expected first quarter sales results and the overall retail environment.
PRECIOUS METALS: Gold, Silver Fall as Dollar Rebounds, Oil Drops
Gold futures ended sharply lower on Thursday, down from a one-month high as the dollar rose against other major currencies and crude oil dropped from a record, eroding the appeal of the precious metal as a hedge against inflation.
Ford Lowers Expectations on Profitability by 2009
Ford Motor Co. on Thursday said it is extremely unlikely meet its previous goal of regaining full year profitability in 2009.