All Latest News Wires
- Stocks fall for a fourth dayStocks fell Tuesday on聽mixed economic reports and concern about a government shutdown.聽Stocks edged lower in early trading, before reversing the losses to move modestly higher by late morning. The gains then fizzled out.
- F-15 Silent Eagle: Why South Korea rejected this jetF-15 Silent Eagle: South Korea officials now like the stealth capability of Lockheed Martin's F-35A better than Boeing's F-15 Silent Eagle.聽
- BlackBerry buyout: Should investors take the $4.7B offer?BlackBerry's takeover by Fairfax Financial has analysts advising investors to take their money and get out. Fairfax has offered Blackberry investors $9 per share, or $4.7 billion total, to take the company private.聽
- Kelly Clarkson will sell Jane Austen's ring to museumKelly Clarkson 鈥 a fan of the 'Pride and Prejudice' author 鈥撀爃as agreed to sell the ring to聽Jane Austen's House Museum in southern England. 'I am happy to know that so many Jane Austen fans will get to see it,' she said.
- Stocks fall on budget fight, economic worriesStocks closed down on Wall Street on concerns about the economy Monday. A looming budget fight in Washington also weighed down stocks.
- Farifax to buy Blackberry for $4.7 billionFairfax, Blackberry's largest shareholder, has agreed to buy the ailing company for $4.7 billion. Blackberry shares plunged on the news of the Fairfax sale.
- Angela Merkel sails to reelection. How will markets react?Angela Merkel received a ringing endorsement from the German people in elections on Sunday. But market reactions to Merkel's easy reelection win have been more muted.聽
- Smartphone sales: BlackBerry move from consumer unlikely to stem red inkSmartphone sales for BlackBerry will shift from the consumer to business and government sectors after the company announced layoffs late last week. Blackberry hopes this shift in smartphone sales will provide a boost.
- Health-care reform could launch despite a federal shutdownHealth-care reform exchanges expect to have access to funds on Oct. 1, when the federal government might shut down if Congress can't find a compromise on spending. The main reason: Health-care reform money to fund the exchanges isn't part of Congress's annual appropriations.
- Rocket Fuel IPO blasts off on first dayRocket Fuel IPO sees gains of 94 percent in its share price on first day of trading. Rocket Fuel, a digital advertising company, raised $116 million with its IPO.
- Stock market drops as investors fret over budget fightStock market took a hit from Washington's budget battle Friday. A showdown over federal spending sent the stock market plunging in an afternoon sell-off that wiped out all the gains from a rally earlier this week.
- BlackBerry to lay off 4,500 employees, as losses mountThe former smartphone market leader announced on Friday it will let 40 percent of its global workforce go.
- Gold recovery? How to make the most of it.Gold is on track for its biggest weekly gain in five weeks Friday. One analyst shares tip on how to make the most of the gold rally.聽
- Halliburton's former manager charged with destroying evidence after 2010 oil spillFormer Halliburton manager Anthony Badalamenti was charged with destroying evidence about the聽2010 BP oil spill, which became the largest offshore oil spill in US history. The company has already pleaded guilty to destroying evidence about its role in the spill.聽
- Stocks slip after record dayStocks pulled back from record highs Thursday as investors tried to figure out what to do after the Federal Reserve's decision to keep its economic stimulus in place. Despite the pullback, stocks are on pace to have their best month in nearly two years.
- Kevin Trudeau jailed, then released, after spending $359 on two haircutsKevin Trudeau owes the FTC more than $37 million in fines, but he says he has no money. A judge ruled Wednesday that Kevin Trudeau has been spending lavishly, and order him to jail. On Thursday, he was released.
- Beanie Baby founder to plead guilty to tax evasion, pay $53MBeanie Baby founder H. Ty Warner intends to plead guilty to tax evasion and pay a $53 million penalty for failing to report income from an offshore bank account. But the penalty will barely put a dent in his finances: the Beanie Baby founder is worth an estimated $2.6 billion.聽
- Stocks surge after Federal Reserve keeps stimulusStocks聽hit record highs Wednesday after the Federal Reserve's surprise decision to keep its economic stimulus in place.聽Stocks traded slightly lower throughout the morning, but took off immediately after the Federal Reserve's decision in the early afternoon.
- Walgreens moves workers to private health insurance exchangesWalgreens is shifting employees to private health insurance exchanges, the latest large employer to do so in the face of rising healthcare costs. Walgreens will give employees money to choose from up to 25 private plans.聽
- 'Grand Theft Auto V' could make $1 billion in revenue'Grand Theft Auto V,' the latest installation in the controversial video game franchise, is projected to generate over $1 billion in revenue worldwide. With a reported budget north of $260 million, 'Grand Theft Auto V' was more expensive to produce than most of Hollywood's costliest films.聽