All Latest News Wires
Stocks end flat after HP shocker, Fed warningDow drops less than 8 points despite Bernanke warming of 'fiscal cliff' dangers and HP disclosure that it will have to take an $8.8 billion charge for accounting 'improprieties' at a company it acquired last year.
Autonomy founder 'shocked' by HP's fraud allegationsHP says it will have to take a huge $8.8 billion charge for 'serious accounting improprieties' at Autonomy. Autonomy founder Lynch fires back, saying the problems occurred after HP acquired the company last year.聽
Apple's 'insane' sell-off ends. Stock jumps.Apple's 'insane' sell-off over two months took the stock down nearly 21 percent before it rebounded. Topeka Capital Markets analyst, who tagged the Apple sell-off as 'insanely insane,' sees earnings per share growing 20 to 30 percent a year.
Stocks rise on hopes for budget dealStocks had their biggest gain in two months Monday, breaking the post-election slump. Hope that Washington will reach a deal on the federal budget drove stocks upward.
World Bank: Tackle warming or poverty remainsClimate change will hit all nations, but especially the poor ones, says new World Bank report. Warming could flood Vietnam and Bangladesh, dry out other areas, causing water scarcity.聽
Twinkies may survive? Yes, if there's a buyer.Twinkies may survive the Hostess Brands bankruptcy, the company says. Twinkies, the cream-filled golden spongecakes, already have piqued the interest of a few companies. Twinkies alone brought in $68 million for Hostess so far this year.聽
Wal-Mart fights back as Black Friday strike nearsWal-Mart Stores Inc. is taking legal measures to sop months of protests at stores nationwide, filing charges against the union it says is behind such actions. The move comes as a group of Wal-Mart workers prepare to strike on Black Friday, the busiest shopping day of the year.聽
Gas prices drop 7 cents in two weeksGas prices drop to an average $3.47 a gallon nationally. Memphis, Tenn., has seen gas prices drop to $3.04 for a gallon of regular unleaded, the lowest of any city in the聽Lundberg Survey of the Lower 48 states.
Stamp prices to increase one cent in JanuaryStamp prices in 2013: First-class letters increase from 45 to 46 cents; postcards rise from 32 to 33 cents. Stamp prices for international delivery will be $1.10 no matter what the destination.聽
Stocks finish higher on optimism over budget talksStocks started lower Friday but spiked higher shortly before midday as the top members of the House and Senate spoke at the White House following a closed-door session with President Obama.
Post Office record loss hits $15.9 billion. Retiree benefits to blame.Post office record loss reached $15.9 billion for the year, with more losses expected in 2013. Heath benefits for retirees accounted for the bulk of the post office record loss.聽
Toy Hall of Fame inducts Dominoes, Star WarsToy Hall of Fame's newest inductees include Dominoes and 聽action figures of Han Solo, Princess Leia, Chewbacca, and the rest. 10 other finalists, including Magic 8 Ball and the board game Twister, did not make the cut for the Toy Hall of Fame.聽
Hostess Brands: Twinkies maker to close permanentlyHostess Brands announced Friday that the company would liquidate, laying off 18,500 workers and putting its iconic brands, including Twinkies, Ding Dongs, and Ho Ho's, up for sale. Hostess Brands said production at its factories was crippled by a nationwide workers strike.聽
Stocks close lower after weak retail reportsStocks closed lower for the third day straight Thursday after weak reports from the nation's retailers. Debate over the impending fiscal cliff is also weighing on stocks.
Jobless claims hit 18-month high thanks to Superstorm SandyJobless claims ticked up to 439,000 last week 鈥� the highest level in 18 months. Why the spike? A large number of jobless claims were filed in states damaged by Superstorm Sandy, according to the Labor department.聽
Facebook stock jumps even as lockup period expiresFacebook stock soared over 7 percent despite more than 850 million shares in the company being freed up for sale. Facebook stock was expected to take a dive Wednesday, when the company's biggest lockup period preventing insiders from selling the stock expired.
Stocks slide as impasse over budget deficit loomsStocks聽fell sharply Wednesday despite a signal from the Federal Reserve that it could launch a program to speed job growth.
Home Depot gains hint at housing market recoveryHome Depot shares rose nearly 4 percent Tuesday after the home improvement company beat earnings expectations in the third quarter. Glimmers of a housing market recovery and preparations for Superstorm Sandy contributed to Home Depot's strong perfomance.聽
$53 million scam. Reagan's hometown robbed. Guilty plea?$53 million scam could result in guilty verdict by former comptroller of Dixon, Ill. Prosecutors say Rita Crundwell's $53 million scam let her fund successful horse-breeding operation.
Home Depot soars, stocks fall in uneven tradingHome Depot earnings beat expectations, sending its stock up 3.6 percent. Despite signal of housing recovery from Home Depot results, 'fiscal cliff' in US and postponement of aid package for Greece drag down broader market.
