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Stocks flatline, pulled by jobless claims, EuropeStocks fell stagnant Thursday with little significant activity up or down. Stocks rose in the morning after a positive jobless claims report but fell in the afternoon.
Wendy's logo gets a makeover. The pigtails stay.Wendy's iconic pigtailed logo is getting an update for the first time since 1983 after months of consumer testing. The new Wendy's logo is part of the burger chain's effort to transform itself into a higher-end restaurant.聽
Mortgage rates rise from last week's record lowsMortgage rates in the US rose to an average 3.39 percent last week, up from 3.36 percent. Last week's 30-year mortgage rates were the lowest since long-term mortgages began in the 1950s.
Sprint Nextel may have a buyerSprint Nextel shares rose Thurday amid reports that the third-largest cell phone company is in talks to be bought out by Japanese-owned Softbank Corp. The Sprint Nextel deal would be valued at more than $12.8 billion.聽
Foreclosures dipped to a 5-year low in SeptemberForeclosures in the US fell 7 percent last month, and 16 percent from the same time a year ago. But the drop in foreclosures is still sharply divided along state lines.
Gloomy outlook from Chevron, Alcoa sinks stocks for third straight dayStocks slumped Wednesday after Chevron and Alcoa issued pessimistic reports. Energy and materials stocks, whose fortunes hinge on economic growth, dropped the most.聽聽
Toyota recall affects 7.4M cars. Power window could be fire hazardToyota recall includes 7.4 million cars worldwide for a faulty power window switch that could be a potential fire hazard. The Toyota recall is the single biggest auto recall since 1996.聽
Counterfeit airbags draw warning from Obama administrationCounterfeit airbags may pose a threat to US car owners whose airbags have been replaced in the past three years, according to the NHTSA. Many of the dangerous counterfeit airbags are believed to have come from China.聽
Wells Fargo sued by US for mortgage fraudWells Fargo has been sued by the federal government for hundreds of millions in damages in lawsuit聽accusing the nation's largest mortgage lender of misrepresenting the quality of thousands of loans in order to be eligible for federal loan insurance. Wells Fargo denies the allegations. 聽
Pizza Hut 'free pizza' stunt could spoil presidential debatePizza Hut is offering a lifetime supply of free pizza 鈥� or a $15,600 check鈥� to anyone who asks, 'sausage or pepperoni' to President Obama or Mitt Romney聽during their live Town Hall-style debate next Tuesday. The Pizza Hut stunt threatens to irritate viewers who have serious concerns about issues like the economy and healthcare.聽
Stocks slump after weak IMF reportStock traders were discouraged by an International Monetary Fund report released overnight that said the global economy was weakening.聽Energy stocks were the only major group in the S&P 500 to finish higher.
Wal-Mart tests same-day holiday deliveryWal-Mart is testing a same-day delivery service to customers during the holiday shopping season to compete with online retailers like Amazon. Wal-Mart will test the service in 10 markets, including Philadelphia and San Francisco.聽
Small business owners pessimistic over weak employment, salesSmall business owners in the US are growing more pessimistic, according to a survey released Tuesday. Weak employment and sales drove down small business owners' optimism, though the survey did have a few bright spots.聽
ING Group sells UK business to Barclays at massive lossING Group is selling its British businesses linked to online banking arm聽ING聽Direct UK to Barclays at a 鈧�320-million ($415-million) loss.聽ING Group said in a statement Tuesday it was selling in order to 'sharpen the focus of the bank.'
IMF cuts world growth forecastIMF forecasts 3.3 percent growth this years, down from 3.5 percent, and lower growth next year as well. IMF says US, European policymakers will play key role in how long the economic slowdown persists.
Stocks fall on Asia's gloomy economic outlookUS stocks faltered Monday聽after the World Bank said Asia's economies won't grow as much as expected this year. The Dow Jones Industrial Average fell 36 points to 13574 an hour after the opening bell.聽
Gold prices dip. Pessimism or Columbus Day quiet?Gold prices fell on Monday as concerns over the global economic outlook and its impact on the coming corporate earnings season weighed on investor sentiment. But national holidays in the US and Japan were expected to limit trading activity and may have been partially responsible for the dip in gold prices.
Wal-Mart launches prepaid card with American ExpressWal-Mart Stores and American Express are teaming up on a reloadable prepaid card for shoppers. Called Bluebird, the card will be available online and in Wal-Mart stores next week.
Is American Airlines' loose-seat fiasco over?American Airlines scrapped more than 90 flights in the past two days because seats were coming loose in flight. American Airlines says it has fixed seats聽on 42 of 48 planes.聽
Stocks barely flinch after good jobs reportStocks initially rose on news of the unemployment rate dropping to 7.8 percent. But in afternoon trading, stocks failed to hang onto early gains.
