Home prices fell for a fourth straight month in November as distressed sales continued to weigh on prices, data analysis firm CoreLogic said on Monday.
NBC entertainment chief Robert Greenblatt admitted on Friday that the struggling TV network got off to a really bad start last fall, after low ratings and cancellations of several high-profile new shows.
Since its initial release in 2010, the Apple iPad tablet has survived an onslaught of competition to remain the world's most popular tablet. Now, it has even survived a 100,000-plus foot drop from the sky.
Shares of imaging pioneer Eastman Kodak plunged more than 40 percent this week on reports the company might seek to file for bankruptcy soon.
Employment grew solidly last month and the jobless rate dropped to a near three-year low of 8.5 percent, offering the strongest evidence yet of an acceleration in economic activity.
It is expected that this fall Apple will be launching its much awaited iPhone 5, with major overhaul in terms of design, complete with larger screen and compatibility with 4G LTE networks.
The New York-based retailer said it expects 2012 consolidated sales between $7.0 billion and $7.2 billion. The company expects full year losses to total $1.10 and $1.40 per share.
Private employers added 325,000 jobs in December, easily beating economists' expectations, a report by a payrolls processor showed on Thursday.
The number of Americans filing for first-time unemployment benefits resumed its downward trend last week after an uptick in the week ended Dec. 24. The figure remained below a key threshold for gauging the job market, a sign that the labor market is gaining strength.
New claims for unemployment benefits fell by 15,000 last week in the latest sign the labor market was improving and could help the country resist the effects of a likely euro zone recession.
New claims for unemployment benefits fell by 15,000 last week in the latest sign the labor market was improving and could help the country resist the effects of a likely Eurozone recession.
Stock index futures fell on Thursday as renewed concerns about the euro zone's financial health pushed down the euro and European shares.
Verizon Wireless expects to report a decline of up to 6 percentage points in its fourth quarter gross profit margins on strong sales of the Apple Inc iPhone and other devices, according to a top executive for its parent company.
Verizon Wireless said it expects to report a decline of up to 6 percentage points in its fourth quarter profit margins as costs rose on strong sales of Apple Inc iPhone and other devices.
Stock index futures fell on Wednesday after a sharp market rally in the previous session, as investors focused again on Europe's debt problems.
U.S. stock index futures fell on Wednesday after a sharp market rally in the previous session, as investors focused again on Europe's debt problems.
U.S. stock index futures fell on Wednesday after a sharp market rally in the previous session, as investors focused again on Europe's debt problems.
Stock index futures fell on Wednesday after a sharp market rally in the previous session, as investors focused again on Europe's debt problems.
Acme Packet Inc forecast a fourth quarter that lagged analysts' estimates and cut its 2011 outlook on concerns of crippled capital spending budgets at its telecommunication customers in North America.
An analysis released Tuesday by Morgan Stanley analyst Adam Parker suggesting U.S. equities will finish the year more than 8 percent lower than where they began is making those who follow the American stock market nervous. And for good reasons.
In something out of a horror movie, 100 dead birds fell from the sky in Beebe, Arkansas, on Dec. 31 New Year's Eve, mere hours before the clock struck 2012.
Italian bond yields fell from recent record highs at auction on Thursday but cautious investors still demanded a near 7 percent yield to buy 10-year paper, a level seen unsustainable over time for the euro zone third-largest economy.
