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Morgan Stanley's income nearly doubles

October 18, 2014 NEW YORK — Morgan Stanley's third-quarter net income nearly doubled, helped by strength in its institutional securities and wealth management divisions. The investment bank earned $1. more »»

IMF: Market sell-off may have been 'over-reaction'

October 18, 2014 PARIS — The head of the International Monetary Fund says market turmoil this week may have been an "over-reaction," as leading economic figures met to discuss Friday the global economy and worries... more »»

Apartments pushed up US homebuilding in Sept.

October 18, 2014 WASHINGTON — Construction firms broke ground on more apartment complexes in September, pushing up the pace of U.S. homebuilding. Housing starts rose 6. more »»

US stands strong despite fear over global slowdown

October 17, 2014 WASHINGTON — Beyond the turmoil shaking financial markets, the U.S. economy remains sturdier than many seem to fear. The Dow Jones industrial average has lost 874 points since Oct. more »»

$1M fine levied in high-speed trading case

October 17, 2014 WASHINGTON — A firm accused of fraud will pay a $1 million penalty in what federal regulators say is the first case of market manipulation brought against a high-speed trading firm. more »»

Airline notifying more passengers of Ebola

October 17, 2014 DENVER — Frontier Airlines says it is notifying passengers on seven flights that they either flew with a nurse who later tested positive for Ebola or on a later flight using the same plane. more »»

CBS debuts stand-alone streaming service

October 17, 2014 NEW YORK — CBS is jumping on the cord-cutting bandwagon, launching a stand-alone streaming service for $5.99 a month that will offer subscribers access to its current and older shows. more »»

For varying groups, market frenzy may help or hurt

October 16, 2014 WASHINGTON — The turbulence that’s roiling financial markets is punishing stock investors, raising worries for major U.S. companies and will likely produce even punier returns for savers. more »»

HBO Go-ing away from cable, will stand on its own

October 16, 2014 NEW YORK — Next year HBO is cutting the cord and selling its popular streaming video service HBO Go as a stand-alone product, as more Americans choose to watch the Web, not the T. more »»

EBay 3Q profit tops estimates, sales miss

October 16, 2014 SAN JOSE, Calif. — EBay Inc. on Wednesday reported better-than-expected earnings for the third quarter but cut its sales forecast for the year. Shares dropped 3 percent after-hours. more »»

Netflix's stock plunges as subscriber growth lags

October 16, 2014 SAN FRANCISCO — This is a sequel that shareholders never wanted to see: The world's largest Internet video service has once again turned off potential viewers with a price increase. more »»

US report criticizes China's currency policy

October 16, 2014 WASHINGTON — The Obama administration said Wednesday that China's currency remains "significantly undervalued," but it stopped short of citing China or any other country for unfairly manipulating it... more »»

Ailing global economy could lead Fed to delay hike

October 15, 2014 WASHINGTON — Just as the U.S. job market has finally strengthened, the Federal Reserve now confronts a new worry: A sputtering global economy that’s spooked investors across the world. more »»

Citigroup to exit retail banking in 11 markets

October 15, 2014 NEW YORK — Citigroup customers across Central America and parts of Eastern Europe will be looking for a new place to bank next year. more »»

J&J hikes 2014 forecast for a third time

October 15, 2014 Johnson & Johnson lifted its 2014 earnings forecast for a third time on Tuesday, fueled in part by revenue gains from its new blockbuster hepatitis C treatment Olysio. more »»

Trial begins for ex-UBS banker for tax evasion

October 15, 2014 FORT LAUDERDALE, Fla. more »»

JP Morgan returns to profit in third quarter

October 15, 2014 NEW YORK — JPMorgan Chase, the largest U.S. bank by assets, on Tuesday reported a third-quarter profit. The bank reported earnings of $5.6 billion, or $1. more »»

How Frenchman’s Nobel research could aid consumers

October 14, 2014 U.S. consumers might be paying less than they are for cable and Internet access if regulators had followed the guidance of Jean Tirole in promoting industry competition. more »»

Why drop in oil prices has downside for US economy

October 14, 2014 NEW YORK — If you’re a driver, a shipper or an airline, low oil prices sure feel nice. But there are downsides to the recent plunge in oil prices — for the oil industry and for the economy. more »»

Southwest looks for spark from expansion in Dallas

October 13, 2014 DALLAS — When Southwest Airlines recently introduced a new paint job for its planes, a senior executive joked that at 43 years old and being from Dallas, it was time for the airline to get a... more »»

 
 
 

 

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