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Business News

  • Ahead of the Bell: Yahoo

    Wednesday, Apr 16, 6:48 am
    NEW YORK (AP) -- Yahoo soared 8 percent in trading before the opening bell Wednesday after quarterly results showed an aggressive push into Asia and a slight pickup in advertising revenue.Still,... Read more...
  • US factory output extended solid gains in March

    Wednesday, Apr 16, 6:48 am
    WASHINGTON (AP) -- U.S. factory output rose further last month, extending strong growth from February after harsh weather had caused production to tumble in January. Manufacturers produced more furniture,... Read more...
  • Russian economy hit by Ukraine turmoil

    Wednesday, Apr 16, 6:18 am
    MOSCOW (AP) -- Russia's economy slowed sharply in the first three months of the year as uncertainty over the crisis in Ukraine spooked investors into pulling money out of the country, a government minister... Read more...
  • Bank of America posts loss, hurt by legal expenses

    Wednesday, Apr 16, 5:24 am
    CHARLOTTE, N.C. (AP) -- Bank of America said Wednesday that it swung to a loss in the first quarter, hurt by $6 billion in legal expenses.The Charlotte, N.C., bank reported a loss applicable... Read more...
  • UK unemployment keeps falling amid recovery

    Wednesday, Apr 16, 3:24 am
    LONDON (AP) -- Britain's unemployment rate has fallen below 7 percent for the first time in five years, with earnings growth narrowly outstripping inflation for the first time since 2010.The... Read more...
  • Credit Suisse profits down 34 percent

    Tuesday, Apr 15, 11:06 pm
    FRANKFURT, Germany (AP) -- Swiss bank Credit Suisse says net profit fell 34 percent in the first quarter as revenues decreased from its investment banking business.Profit fell to 859 million... Read more...
  • Rail companies to report fertilizer delivery plans

    Tuesday, Apr 15, 7:19 pm
    PIERRE, S.D. (AP) -- A federal oversight board told Canadian Pacific Railway and BNSF Railway that they have until Friday to report their plans to ensure delivery of fertilizer shipments for spring... Read more...
  • Wireless industry makes anti-theft commitment

    Tuesday, Apr 15, 6:00 pm
    SAN FRANCISCO (AP) -- A trade group for wireless providers said Tuesday that that nation's biggest mobile device manufacturers and carriers will soon put anti-theft tools on the gadgets to try to deter... Read more...
  • Intel reports lower 1Q net income, higher revenue

    Tuesday, Apr 15, 5:30 pm
    NEW YORK (AP) -- Intel's earnings fell in the first three months of the year amid a continued slump in the worldwide PC market, but revenue grew slightly because of solid demand for tablet processors... Read more...
  • Chevrolet bringing tiny Trax SUV to US and China

    Tuesday, Apr 15, 5:00 pm
    NEW YORK (AP) -- Chevrolet's smallest SUV is heading to its biggest markets.The Chevrolet Trax will go on sale in the U.S. and China early next year. General Motors Co. unveiled the 2015 model... Read more...
  • Yahoo's 1Q highlighted by Alibaba, modest ad gains

    Tuesday, Apr 15, 4:48 pm
    SAN FRANCISCO (AP) -- Yahoo is prospering from its lucrative investments in Asia while the Internet company's listless advertising sales are picking up, if ever so slightly, under CEO Marissa Mayer.The... Read more...
  • US stock markets rebounds after choppy day

    Tuesday, Apr 15, 3:30 pm
    A stock market swoon turned into a comeback Tuesday.Stocks managed a late-afternoon rebound for the second time in two days as investors seemed to brush off a report of lower confidence among... Read more...
  • CSX 1Q profit falls 14 pct as weather slows rails

    Tuesday, Apr 15, 3:24 pm
    OMAHA, Neb. (AP) -- Harsh winter weather slowed CSX railroad and contributed to a 14 percent drop in first-quarter profit, even as freight volume grew modestly.On Tuesday, the railroad based... Read more...
  • Coca-Cola and MasterCard are big market movers

    Tuesday, Apr 15, 2:06 pm
    NEW YORK (AP) -- Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:NYSEThe Coca-Cola Co., up $1.45 to $40.18The... Read more...
  • 5 Things to Know about Tax Day

    Tuesday, Apr 15, 1:36 pm
    The deadline for filing taxes is midnight Tuesday. Here are five things to consider as the deadline nears.1. YOU MAY NOT FACE MUCH OF A DEADLINEIf you're due a refund -- and about three-quarters... Read more...
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