All Latest News Wires
- Stocks nudge upward after tepid jobs reportStocks barely moved Friday following yesterday's surge in the stock market. The Dow rose 14 points and the S&P 500 was up 5.
- In-N-Out discrimination suit charges burger chain won't hire blacksIn-N-Out discrimination suit: The California-based fast-food restaurant chain denies that the discrimination suit has merit. Two black men say they weren't hired at In-N-Out because of race and age.
- ECB bond-buying boosts markets in early tradingEuropean Central Bank's bond-buying plan continued to lift financial markets on Friday ahead of key US jobs data. European Central Bank president Mario Draghi unveiled a plan Thursday to to buy unlimited amounts of short-term bonds from euro countries that request help.
- Stocks soar to highest level in four yearsUS, European stocks surge in response to European Central Bank's plan to buy bonds to support struggling Spain and Italy. S&P 500 rises 28 points; the Dow jumps 244 points to close at 13292.
- Health-care system wastes $750 billion a yearHealth-care system squanders roughly 30 cents of every medical dollar through unneeded care, byzantine paperwork, fraud and other waste, a new study shows. Deep cuts to the US heath-care system may produce a more efficient, better-quality product.
- Glenn Beck rant against American Airlines: Will it hurt revenue?Glenn Beck used his radio show to complain that an American Airline flight attendant treated him rudely because Beck is a conservative. Glenn Beck says he isn't calling for a boycott the airline.
- European Central Bank to take action? Global markets wait and hope.European Central Bank may take measures to ease Europe's debt crisis, and hope for such action buoyed markets Thursday morning. European Central Bank president Mario Draghi has said that he will do 'whatever it takes' to save the euro.
- Stocks close mixed with a warning from FedExWhile the Dow rose 11 points Wednesday, the Standard & Poor's 500 index fell 1 point and Nasdaq lost 5 points.
- Man swallows diamond worth almost $14,000Man swallows diamond in Sri Lanka: Police take suspected diamond thief to hospital for X-ray to prove his guilt or innocence.
- ECB's Draghi said to push unlimited bond buyingECB chief Draghi will propose a plan to ease the borrowing costs of 聽troubled euro nations, such as Spain's and Italy's, by buying unlimited amounts of their government bonds, according to a new report. Draghi's plan would have to be approved by the bank's governing council.听
- McDonald's to open vegetarian-only restaurants in IndiaMcDonald's is known for its hamburgers, but the chain will open two all-vegetarian restaurants in India next year. The meatless McDonald's locations will aim to cater to the local tastes of the region's majority Hindu and Muslim population.
- FedEx earnings cut; weak global economy to blameFedEx Corp. cut its earnings estimate Tuesday, citing slow global economic growth. The FedEx earnings shortfall came mainly in the company's express division.听
- Stock market's double vision: new iPhone, weak economyStock market traders see Dow fall 54 points on weak data from construction and manufacturing. But Nasdaq posts an 8-point gain as Apple raises speculation that it will introduce its iPhone 5 next week.
- Lufthansa flight attendants stage walkout at 3 airportsLufthansa workers strike at聽Frankfurt, Berlin and Munich airports. The聽flight attendants called for the walkout after聽13-months of union talks had failed.
- Behind rise in August auto sales: pickupsChrysler, Food see strong demand for pickups buoy August auto sales. Japanese automakers see dramatic jump in auto sales after sharp drop after last year's earthquake. 聽
- Popcorn drought hits US movie theatersPopcorn drought in the Midwest has movie theaters and other vendors scrambling to keep their supplies stocked through the fall. The popcorn drought has sent retail prices soaring from $20 per 50-pound bag to $30 and higher.
- Social Security bullets: A benefits agency needs ammo?Social Security bullets announcement had conspiracy theorists buzzing. But the real reason for 174,000 Social Security bullets is to arm the agency's investigators who carry guns and occasionally make arrests.
- Organic food: Costlier? Yes. More nutritious? No.Organic food sales are up 800 percent since 1997. But health benefits of organic food are very limited, a new study finds.听
- Eurozone banking fund will be delayed, finance minister saysEurozone banking fund is unlikely to be up and running in the new year, Germany's finance minister says. The eurozone emergency fund would be a way to funnel money directly to ailing banks, rather than through federal governments.
- European stocks rise on hopes of Draghi bond buys, China stimulusEuropean stocks rise despite grim signs from European, Chinese manufacturing. US stock markets take Labor Day off.听