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  • Philips' net profit slumps in 4th quarter, sales edge lower
    Associated Press | January 27, 2015 12:48 am
    Royal Philips NV, the world's biggest lighting maker, says its net profit slumped in 2014's fourth quarter to 134 million euros ($ 151 million) from 412 million euros a year earlier as sales declined and restructuring costs hit earnings.
  • Business Highlights
    Associated Press | January 26, 2015 5:36 pm
    Cut off from the Internet, young Cubans have quietly linked thousands of computers into a hidden network that stretches miles across Havana, letting them chat with friends, play games and download hit movies in a mini-replica of the online world that most can't access.
  • Microsoft earnings report doesn't excite market
    Associated Press | January 26, 2015 5:24 pm
    Big jumps in sales of its Surface tablets, cloud computing software and Lumia smartphones drove Microsoft's quarterly revenue above expectations, as CEO Satya Nadella continues to steer toward the mobile gadget market and shift Microsoft away from its traditional focus on the PC.
  • Senate Dems block GOP effort to wind down pipeline debate
    Associated Press | January 26, 2015 5:18 pm
    Senate Democrats temporarily stalled progress Monday on a bill to approve the Keystone XL oil pipeline, the top priority of the Republican-controlled Congress.
  • Rates on US Treasury bills mixed at weekly auction
    Associated Press | January 26, 2015 4:00 pm
    Interest rates on short-term Treasury bills were mixed in Monday's auction with rates on six-month bills unchanged while rates on three-month bills dropped to the lowest level since October.
  • How the Dow Jones industrial average fared on Monday
    Associated Press | January 26, 2015 3:37 pm
    Major U.S. stock indexes notched small gains on Monday, with six of the 10 sectors in the Standard & Poor's 500 index closing higher.Investors considered the latest batch of corporate earnings,...
  • Figures on government spending and debt
    Associated Press | January 26, 2015 3:30 pm
    Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30.
  • IBM "flatly denies" report of mass layoffs
    Associated Press | January 26, 2015 3:07 pm
    Calling it "ridiculous" and "baseless," IBM on Monday dismissed a report that said the technology giant plans to lay off 1 in 4 of its workers, or 100,000 people.
  • China moves to accept imports of all US apple varieties
    Associated Press | January 26, 2015 2:54 pm
    For the first time, all varieties of apples from the United States will go on sale in China, the U.S. Department of Agriculture said Monday.
  • Boeing, SpaceX will beat Russia on price for astronaut rides
    Associated Press | January 26, 2015 2:42 pm
    NASA expects to save millions of dollars sending astronauts to the International Space Station, once its commercial crew program starts flying in a couple of years.
  • Ocwen and Mattel are big market movers
    Associated Press | January 26, 2015 2:36 pm
    Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:
  • US stock market finishes with small gains
    Associated Press | January 26, 2015 2:24 pm
    The U.S. stock market is finishing with tiny gains as investors weigh corporate earnings, mergers, and the implications of an election victory in Greece by a party opposed to that country's bailout plan.
  • Mattel CEO resigns, toy maker results miss expectations
    Associated Press | January 26, 2015 12:30 pm
    Mattel Chairman and CEO Bryan Stockton has resigned after the struggling maker of Barbie dolls and Hot Wheels cars reported fourth-quarter results that fell far short of analyst expectations.Shares...
  • Post Holdings to pay $1.15B for Malt-O-Meal cereal maker
    Associated Press | January 26, 2015 10:36 am
    Post Holdings will spend $1.15 billion to bulk up its presence in the cereal aisle by buying the privately held MOM Brands Co., maker of Malt-O-Meal cereals.
  • Court rules for company seeking to trim retiree health costs
    Associated Press | January 26, 2015 10:26 am
    A unanimous Supreme Court is ordering lower courts to take a new look at a dispute over a chemical company's efforts to cut costs in its health plan for retired workers.

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