Wall Street Flat After Rout But Homebuilders Rise On Data

Stocks were little changed on Friday after the largest sell-off in almost two months in the previous session, but homebuilders rebounded on recent housing...

SEC Approves ICE’s Planned Takeover Of NYSE

The Securities and Exchange Commission has approved the takeover of NYSE Euronext by IntercontinentalExchange, according to a regulatory filing made available on the regulator's...

AOL Makes Deep Job Cuts At Local News Group Patch

AOL Inc said on Friday that it would cut a substantial number of jobs at its money-losing Patch local news site business, and a...

Wall Street Drops, Weighed By Wal-Mart, Cisco

Stocks fell on Thursday, as investors weighed disappointing results from blue chips Wal-Mart and Cisco, along with sturdy economic data that looked set to...

Wal-Mart Sales Disappoint As Shoppers Worldwide Curb Spending

Wal-Mart Stores Inc posted disappointing quarterly sales on Thursday after shoppers worldwide proved cautious, prompting the discount retailer to lower its revenue and profit...

U.S. Jobs, Inflation Data Support Tapering Of Fed Bond Buying

The number of Americans filing new claims for jobless benefits fell to a near six-year low last week and consumer prices rose broadly in...

Wall Street Off On Fed Uncertainty, Weak Sales By Retailer Macy’s

U.S. stocks fell on Wednesday as investors speculated on when the Federal Reserve might curb its stimulus measures and after department store Macy's stock...

U.S. Charges Two Men With Fraud In ‘London Whale’ Scandal

Two former JPMorgan Chase & Co employees are facing criminal charges related to the trading scandal that cost the bank $6.2 billion last year,...

China To Launch Fresh Pharmaceutical Bribery Probe: Xinhua

China is intensifying its investigation into rampant bribery in the pharmaceutical and medical services sector with a fresh three-month probe slated to begin on...

Euro Zone Exits Recession In Second Quarter Slightly Faster Than Expected

Stronger growth in the euro zone's two largest economies, Germany and France, helped the euro zone to emerge from its longest recession to date...