All Latest News Wires
Austerity protests in Greece turn violentAusterity protests聽as part of a general strike in Greece turned violent Wednesday as police clashed with protestors. The austerity protests have already聽closed schools and disrupted flights.
Facebook IPO was not a failure: DillerFacebook tried to make as much money as possible in its IPO 鈥� a good things, says media executive Barry Diller, who also praised CEO Zuckerberg's long-term strategy for Facebook.
Medicare drug plans: Steep hikes loom for millionsMedicare prescription drug plans are raising premiums as much as 23 percent next year. But Medicare recipients can shop around for a better deal.
Home prices rise 鈥� so does faith in housing turnaroundHome prices in top 20 markets rose 1.2 percent in the past year. A growing minority of Americans now believe their homes will be worth more a year from now.
Dow plummets 100 points in stock sell-offStocks dropped after聽Charles Plosser, president of the Fed's Philadelphia branch, told an audience Tuesday that the Fed's effort to support the economy would likely fall short of its goals.
Apple products popular targets for thievesApple gadgets like iPads and iPhones are common targets for theft. The NYPD reports that Apple thefts are up 40 percent from last year, and police are suggesting聽that people keep their iPhones and iPads hidden whenever they're out in public.聽
Staples speeds up store closures, focuses onlineStaples is speeding up plans to close stores in the US and elsewhere, planning to invest more in online and mobile efforts. Staples says the moves are part of a strategy to better serve customers and accelerate growth.聽
Home prices rise in 20 major cities as housing market climbs backHome prices rose across the United States in July, buoyed by better sales and fewer foreclosures. Though home prices are still well below their 2006 peak, it's a positive sign of further recovery for the housing market.
Toys R US: more holiday hiring than in 2011Toys R Us to hire 45,000 seasonal workers, up nearly 13 percent from last year. Some of the increase is to handle new online shipping options from Toys R Us.聽
American Airlines: Let's talk. Pilots: Put it in writing.Although American officials say they want to resume contract talks, its pilots are taking a wait-and-see approach. Bankruptcy has allowed American to change pilots' pay and work rules, but since then more of its flights have been canceled.
Discover: The card that pays you back after you overpayDiscover Bank agrees to reimburse $200 million to consumers it pressured to buy credit-monitoring and other costly credit-card add-ons. Discover will also pay a $14 million fine.聽
Stocks waver as confidence falls in EuropeStocks closed down modestly after opening low and recovering in the afternoon.聽Stocks聽had risen strongly in recent weeks as traders anticipated, then received, help from the Federal Reserve.聽
Apple iPhone sales fall short, but sales potential intactWhile Apple iPhone 5 sales don't hit target of optimists, it's manufacturing capacity 鈥� not potential sales 鈥� that are the limiting factor, says analyst Brian Marshall. It should take three weeks for Apple to built its 7 millionth iPhone 5.聽- Village Voice cuts ties from sex ad-linked BackpageVillage Voice and all of its affiliated free arts weeklies will be bought by a group of managers. However, the online classified site Backpage.com, whose listings have drawn fire for promoting the illegal sex trade, will be left behind in the Village Voice purchase.聽
Foxconn: Chinese iPhone factory erupts in violenceFoxconn, which manufactures iPhones and iPads for Apple, halted production at a Chinese factory聽after a brawl by up to 2,000 employees injured 40 people. The fight erupted at a Foxconn dormitory near the iPhone factory.聽
Microsoft launches charity for young peopleMicrosoft says global initiative YouthSpark aims to create education, employment, and entrepreneurship opportunities for 300 million youths. The $500 million philanthropic venture is Microsoft's biggest ever. 聽
Asian stocks, boosted by stimulus, fall on economic outlookAsian stock markets drift lower as concerns rise about global economic weakness. Stock market optimism over stimulus from Fed and other central banks seems to be fading.聽
Unemployed and overlooked: Labor force rate of participation down drasticallySince 2007, 4 million people have left the labor force, in many cases because they have given up looking for jobs. If these 'discouraged jobseekers' were counted in the jobless rate, August's numbers would have been 10.5 percent.
Senate to EU: US airlines won't pay carbon taxSenate unanimously passes bill to shield US airlines from European Union law on carbon emissions. The EU has been enforcing carbon emissions trading rules since January.聽
Apple vs. Samsung: New legal round brewingApple is looking for Samsung to pay an extra $707 million on top of the $1 billion it owes after jury verdict. Samsung wants a new trial against Apple.聽
