All Latest News Wires
- Stocks edge higher on drop in jobless claimsStocks closed higher on Wall Street but only after giving up much of the ground they won earlier in the day.聽Good news on jobless claims and healthy earnings from name-brand companies like Royal Caribbean and Harley-Davidson encouraged investors to buy stocks.
- Verizon Wireless wants to buy out Vodaphone's stake for $100 billionVerizon Wireless is eyeing a $100 billion bid to buy out Vodaphone's 45 percent stake in the company. Vodaphone investors and analysts have said that the $100 billion figure is too low for its share in Verizon Wireless.聽
- New $100 bill on the way in OctoberA new $100 bill will be in circulation by this fall, the Federal Reserve announced Wednesday. The new $100 bill's launch comes nearly two years after its initial target date.聽
- 20,000 students sue Calif. educators for not teaching English20,000 students sue the state of California and its eductators for failing to give adequate language instruction to non-native English speakers. According the the ACLU, the state education system's lack of English instruction could be holding the 20,000 students back in school.聽
- Stocks held back by weak earningsStocks were weighed down by disappointing quarterly results Wednesday.聽A subscriber slump at AT&T and a weak profit forecast from Procter & Gamble kept stocks down.
- Schwab website recovers after second day of cyber attacksSchwab customers were unable to trade online for two hours Tuesday and again intermittently on Wednesday because of cyber attacks. But Schwab says the problem has been resolved.
- Lance Armstrong sued by US for Postal Service sponsorshipLance Armstrong is being sued by the US government. According to the Justice Department, Armstrong defrauded the Postal Service by taking millions of dollars in sponsorship money while doping.聽
- Ford's $1.6 billion earnings beat expectationsFord says growth in US and China is making up for declines in Europe and South America. Ford quarterly revenue rises 10 percent and net income goes up 15 percent.聽
- AAPL: sweeter dividend, sour outlookApple (AAPL) will give shareholders $100 billion over the next two years by boosting its dividend 15 percent. Although AAPL beat earnings and revenue estimates for the quarter, it says revenue could fall this quarter.聽
- Pot-puffing pilot: Will he fly again?Pot-puffing pilot was fired by Horizon Air after admitting regular use of marijuana for back pain. After an arbitrator ordered that he be rehired, Horizon Air is suing to keep the pot-puffing pilot out of the cockpit.
- Burger King delivery in three new cities: Is yours one?Burger King's delivery business is stepping up, as the burger giant adds three new urban centers. Washington, D.C., Houston, Miami, and New York already had Burger King delivery service.
- Woman finds $36,000 in cash 鈥 and returns itIf you found $36,000, what would you do? One woman found a bag of cash and promptly turned it over to the authorities, who tracked down its owner in a retirement facility.
- Stocks surge after fake tweet scareDow briefly plunges 143 points after fake AP tweet about explosions at the White House. But the market recovers and the Dow closes 152 points higher. Strong quarterly earnings boost stocks.
- Netflix soars. Other stocks rise on recovery in oil prices.Netflix gains 20 percent after adding 2 million subscribers during the first quarter. Dow, S&P edge up as oil prices rise after last week's tumble.
- $2,500 teacher raises? Unlikely, Florida lawmakers say.$2,500 teacher raises are what Florida governor Rick Scott wanted, allowing a 聽$2,500 pay boost for every classroom teacher. But Florida lawmakers settled on putting aside $480 million for teacher raises, but with requirements that some of it be tied to performance.聽
- Earl Holding dies, leaves legacy of Sinclair OilEarl Holding dies: The US billionaire had a net worth of $3.2 billion. Earl Holding owned Sinclair Oil, and the Sun Valley Resort in Idaho and the Snowbasin Resort in Utah.
- Stocks edge higher to end turbulent weekStocks edged higher on Wall Street Friday, as a mixed set of earnings capped a turbulent week on Wall Street.聽By many measures, stocks have endured a rough five days.
- AAPL, below $400 a share, may fall moreAAPL needs to announce a dividend increase or its share price will fall even more, warns analyst Dan Niles. Its lack of products at the low end and middle range of the market has already pushed AAPL down from more than $700 a share to less than $400.
- CVS racist slur leads to lawsuitCVS racist slur on receipt prompts Korean-American woman to sue the chain for $1 million, despite the pharmacy chain's apology for the CVS racist slur.
- Losing $25M a day? Congress shrugs off USPS lossesThe United States Postal Service is losing $25M a day, but Congress voted against cutting Saturday deliveries. The USPS might still choose to deliver nothing but packages on Saturdays, some analysts say.