All Latest News Wires
What's behind the rebounding economy?聽Housing and manufacturing gains are propelling the economy upwards, with no immediate signs of a setback. It's not dramatic, but it's progress.
Stocks rise on surge in home pricesStocks closed up on Wall Street Tuesday聽after another strong report on housing encouraged investors to buy stocks.聽The S&P 500 index closed within a point of its all-time high.
Dionne Warwick bankruptcy: Singer has $10.7 million in debtDionne Warwick bankruptcy: Dionne Warwick says her bankruptcy is due to tax liabilities and financial mismanagement.
$338M jackpot winner will use the winnings to help his familyThe confirmed winner of the $338 million jackpot, a hard-working immigrant from the Dominican Republic, said his priorities remain unchanged: take care of his health and his family.- L.A. mall evacuated: What caused the bomb scare?An L.A. mall was evacuated after a man raised concerns about a briefcase in his car. More than 1,000 mall employees and 300 shoppers were evacuated during the investigation.
Stocks fall despite Cyprus dealStocks turned negative about an hour into the trading day Monday as the initial euphoria about Cyprus' funding deal was overshadowed by renewed concerns about the European economy.聽European stocks were up when Wall Street opened Monday, but turned lower shortly after Wall Street's gains evaporated.
TNT Express will cut 4,000 jobsTNT Express, the Dutch-based package delivery company, aims to shed 6 percent of its workforce by the end of 2015.聽
$338 million ticket for Powerball sold in New Jersey$338 million ticket in the Powerball lottery was sold in New Jersey Saturday, and the winner will be announced Monday. The $338 million ticket was the first winner since early February.聽
Cyprus gets bailout, averts collapse. Big depositors lose.Cyprus gets $13 billion rescue in return for downsizing its financial sector, budget, and government. Depositors with more than 100,000 euros to take big losses. Austerity expected to hit residents hard.
Cyprus: a bank levy after all?Racing to secure bailout, Cyprus agrees to a bank levy that's different than the one its legislature defeated in the legislature. This bank levy would take 20 percent from accounts over 100,000 鈧� at its No. 1 lender, but the deal hasn't been finalized with European Union.
IRS: warp speed apology for bad 'Star Trek' parodyIRS training film 鈥� a 'Star Trek' parody from 2010 鈥� gets blasted by House committee Friday. IRS quickly admits mistake, saying Star Trek parody wasn't 'best stewardship of resources.'
Stocks rise on strong company earningsStocks closed up on Wall Street Friday as Nike and other major companies issued strong earnings reports.聽Investors took advantage of the market's down week and ramped up their buying of stocks.
MPAA: Global ticket sales soar thanks to Asian moviegoersMPAA, the Motion Picture Association of America, reported a record $34.7 billion in global ticket sales in 2012, thanks in part聽to the growing popularity of movies in Asia. The MPAA said the Asian box office grew 15 percent last year.聽
New Pepsi bottle: Will the blocky shape bolster sales?The new Pepsi bottle is part of PepsiCo's rebranding efforts, which include buying Super Bowl rights and partnering with Beyonce. The bottle hasn't changed in 17 years.
Stocks fall on weak Oracle sales, Cyprus fearsStocks closed lower on Wall Street Thursday聽after Oracle's weak sales results weighed down big US technology stocks. Traders are also worried about Cyprus running out of time to avoid bankruptcy.
$860M overcharge: Ohio employers win lawsuit$860 million in overcharges are owed to some 270,000 Ohio businesses. Judge rules that state workers' compensation fund ran up $860 million in overcharges over a decade.
Federal Reserve stays the course boosting Asian stocksOn Wednesday, Federal Reserve Chairman Ben Bernanke said the U.S. central bank will continue to buy bonds, easing borrowing rates. The Fed is awaiting further employment gains before it plans to change its policy.聽
Stocks spike as Fed stands by stimulusStocks traded steadily higher for most of Wednesday and spiked after the Federal Reserve said it will continue with aggressive measures to boost the economy. Earlier in the week, stocks dipped on fears of a revived debt crisis in Europe.
Carnival cruises canceled. Ship out of service until June.Carnival cruises canceled after the line announced that a crippled ship would be out of service until June, delaying 10 voyages. The Carnival cruises were canceled after an engine fire on the Triumph left 4,200 passengers stranded for five days.聽
$3 bowl worth $2 million? Tag sale find goes for $2.225 millionA $3 bowl just sold for $2.225 million at Sotheby's in New York. The last time it changed hands, this 1,000-year-old Chinese bowl was sold at a tag sale for $3.
