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Stocks continue slide on weak economic dataStocks continued their two-day slide on Wall Street Thursday as weak economic reports pushed stocks down.- Tyson sues Live Nation: Ex-boxer seeking $5 millionTyson sues Live Nation: Mike Tyson claims the financial services arm of Live Nation Entertainmen embezzled $300,000 from him. Tyson's suit seeks more than $5 million in damages for breach of fiduciary duty, negligent hiring, unjust enrichment and other claims.
Federal Reserve uncertainties drive down Asian marketsTranscripts from the Federal Reserve's January meeting were made public Wednesday. These documents showed growing doubts about the longevity of the U.S. central bank's bond buying program, which has kept interest rates at record lows.聽
Stocks fall following Federal Reserve minutesStocks closed down on Wall Street Wednesday as details of the Fed's聽January meeting seemed to catch stock investors by surprise.
DOD furloughs: a four-day work week for Pentagon?DOD furloughs would affect 'vast majority' of 800,000 workers, Defense secretary tells Congress. DOD furloughs could shave 20 percent off of pay and last 22 weeks. 聽
Office Depot will buy Office Max in stock dealThe two office supply companies will come together to challenge industry leader Staples, Inc.
New casino bankrupt: There goes Atlantic City?New Jersey's newest casino is declaring bankruptcy. If the structured settlement works as planned, it will erase about two-thirds of its $1.5 billion in debt.
Stocks rise on talk of corporate dealsStocks were up on Wall Street Tuesday on reports that retailers Office Depot and OfficeMax聽are discussing a merger came after big corporate deals for Heinz and Dell were announced in recent weeks.聽Stocks of office supplies stores jumped following the news.
Stock breaks $800: Google passes milestoneGoogle stock breaks $800 for the first time Tuesday, signaling renewed confidence in聽the company's ability to reap steadily higher profits. The stock breaks $800 in morning trading, with Google shares climbing 1.2 percent.聽
Bowling tax? Part of Ohio tax revamp plan.Bowling tax, along with levies on concerts, football games, and museums, are part of Ohio Governor Kasich's plan to lower the overall sales tax but broaden its reach. Bowling tax 'scares' one alley owner.
Hacker takes over Burger King Twitter accountUnknown hacker uses Burger King Twitter account to tweet that the chain was sold to McDonalds and putting a McDonalds logo on the account's background picture. Hacking of Burger King account follows several cybersecurity breaches at corporations. 聽
NBA players union ousts executive directorNBA players vote unanimously to dismiss Billy Hunter after 17 years as union head. Action follows a critical review of Hunter's leadership of the NBA union.聽
Stocks rise as S&P 500 extends streakStocks closed higher on Wall Street Friday with the Standard & Poor's 500 ending the week nearly two points higher.聽Investors have piled into stocks at the beginning of the year after lawmakers reached a last-minute deal to avoid the "fiscal cliff."
Tiffany sues Costco: A ring by any other name?Tiffany sues Costco over sales of engagement rings, claiming Costco falsely labeled its diamond rings as Tiffany rings, deceiving customers and damaging the Tiffany brand.
Stricken Carnival cruise ship nears Mobile, AlabamaAs the damaged Carnival cruise ship limped towards the Alabama coast, passengers talked about the overwhelming stench and described the trip as hellish.
Stocks waver as Europe's economy slowsStocks ended roughly where they started Thursday as European economic woes eclipsed a promising US jobs report.聽After a strong start, stocks have drifted sideways over the previous week with few major events to sway investors.
Warren Buffett: Heinz ketchup company to be bought by Buffet firmBerkshire Hathaway is聽dipping into the ketchup business as part of a $23.3 billion deal to buy the Heinz聽ketchup company. Berkshire Hathaway, billionaire Warren Buffett's investment firm, teamed up with 3G Capital to buy Heinz in the food industry's largest deal ever.聽
12 cruises canceled on troubled Carnival cruise shipThe company's announcement on Wednesday came as the Triumph was being towed to a port in Mobile, Ala., with more than 4,000 people on board, some of whom have complained to relatives that conditions on the ship are dismal and that they have limited access to food and bathrooms.
Next for Carnival Triumph cruise passengers? A 2-hour bus ride and $500.Carnival Triumph passengers will get a full refund, a free cruise, and now a $500 check. Upon arrival in Mobile, Ala., cruise ship passengers will get the option of boarding buses directly to Galveston, Texas, or Houston, or spending the night in a hotel in New Orleans,
American and US Airways to become the world's largest airlineLeaders of the deal between American Airlines and US Airways decided early on that they would only proceed as long as they had the backing of American employees. The two sides believe they would receive regulatory backing for a merger. The new company is to be called American Airlines and based out of Fort Worth, Texas.聽
