Stocks fell on Monday after McDonald's Corp posted lighter-than-expected monthly sales and a report that Apple Inc would price new iPhones aggressively, signaling that consumer spending may remain a concern.
New investment in clean energy will total $95 to $115 billion in 2009, representing a drop of 26-39 percent from last year's total of $155 billion, data published by research group New Energy Finance showed on Friday.
Pilots at Southwest Airlines Co. narrowly rejected a contract offer Wednesday with 51 percent of its pilots voting against the contract offer proposed by management.
General Motors Corp on Tuesday reported U.S. sales for May.
Even though U.S. pump prices are nearly half the $4 per gallon ($1.06 per liter) levels of a year ago, the legions of American fans of gas-guzzling SUVs and trucks don't have much to celebrate.
U.S. Treasury Secretary Timothy Geithner, aiming to persuade China that its U.S. investments were safe, pledged that the Obama administration was firmly committed to ratcheting down huge deficits as quickly as it can once economic recovery is assured.
Tiffany & Co posted a 62 percent drop in quarterly earnings on Friday, worse than Wall Street had expected, as jewelry sales languished in the recession.
Upscale jeweler Tiffany & Co posted a 62 percent drop in quarterly profit on Friday, as shoppers stayed away from jewelry in the recession.
Dell Inc. posted on Thursday lower-than-expected sales for its first quarter which ended on May 1, saying it was severely hurt by its reliance on business customers.
Prominent hedge fund firm Pequot Capital told investors on Wednesday it will shut down amid an ongoing government probe into possible insider trading.
Prominent hedge fund firm Pequot Capital told investors on Wednesday it will shut down amid an ongoing government probe into possible insider trading.
The founder of Pequot Capital Management Inc says the fund firm will shut down due to an investigation into the firm’s activities, according to a letter to clients published in media reports Wednesday.
Microsoft users that were trying to log into Xbox Live on Wednesday were greeted with an error message.
American International Group Inc said on Thursday that Chief Executive Edward Liddy plans to step down, signaling the end to a short and tumultuous tenure running the government-rescued insurer.
American International Group Inc said on Thursday that Edward Liddy, its chief executive, plans to step down, signaling the end to a short and tumultuous tenure running the bailed-out insurer.
American International Group Inc. announced today that chairman and chief executive officer, Edward M. Liddy, plans to step down when a search for replacements is complete for these two positions which will be split.
American International Group Inc said on Thursday that its Chief Executive and Chairman Edward Liddy would step down as soon as a successor is found to take over running the bailed out insurer.
London-listed solar wafer manufacturer ReneSola lowered its full-year expectations and reported a 13 percent fall in first-quarter net revenues, sending its shares down over 16 percent.
Japan's Nikkei stock average lost 1.2 percent on Thursday, with Honda Motor Co and other exporters down as the yen climbed to a two-month high on the dollar after the Federal Reserve cut its outlook for the U.S. economy.
Japan's Nikkei stock average slipped 0.6 percent on Thursday, as the yen rose to a fresh two-month high against the dollar weighing on Toyota Motor Corp and other exporters.
Target Corp reported a lower quarterly profit on Wednesday, but the results beat Wall Street expectations as the No 2 U.S. discount retailer kept a tight control on inventory and expenses, and said its credit card business was profitable.
The Hong Kong government announced Tuesday that Joseph Yam, chief executive of the Hong Kong Monetary Authority (HKMA), will step down on Oct 1, after 16 years at the helm.
