close_menu
Latest News

Money

  • Smartphone Snapshot: Samsung getting squeezed
    Associated Press | January 29, 2015 12:05 pm
    The runaway success of Apple's newest iPhone has fueled a dramatic shift in the global market: the California tech giant is now neck-and-neck with South Korea's Samsung for the title of world's leading seller of smartphones.
  • Jury deliberating whether 1996 Camry had design defect
    Associated Press | January 29, 2015 12:02 pm
    A jury is deliberating in a case alleging the 1996 Toyota Camry had a design defect that caused a fatal crash.
  • Last-ditch foreclosure hearings draw many Detroit homeowners
    Associated Press | January 29, 2015 12:02 pm
    Hundreds of Detroit homeowners in danger of losing their properties flocked Thursday to hearings that offered a last-ditch chance to avoid foreclosure and to keep the houses from adding to the city's already huge glut of vacant dwellings.
  • Shell to revive plans to drill in Arctic
    Associated Press | January 29, 2015 12:01 pm
    Royal Dutch Shell Plc plans to resume drilling in Alaska this year even as it plans to cut spending by $15 billion over the next three years because of the drop in oil prices.
  • Market indexes relatively flat...Obama to propose 74b spending increase...Keystone bill moves forward
    Associated Press | January 29, 2015 11:32 am
    Stocks are moving between slight gains and losses on Wall Street. Energy stocks are down the most among the 10 sectors in the S&P 500 index. The sector is down 7 percent this year, more than any other. Benchmark U.S. crude dipped 55 cents to $43.90 a barrel. As recently as June, it traded above $100.
  • Ford beats estimates despite declines in earnings, revenue
    Associated Press | January 29, 2015 10:52 am
    Ford Motor Co. is putting a tough year behind it and promising big things despite a bumpy global market.
  • Sunbeam recalls Holmes space heaters that can spray hot oil
    Associated Press | January 29, 2015 10:08 am
    Sunbeam is recalling about 34,000 Holmes-branded space heaters because they can spray hot oil and possibly cause household damage or injuries.
  • Almost half of US households exhaust their salaries
    Associated Press | January 29, 2015 9:40 am
    Despite signs that the economy is returning to health, two new reports suggest that most Americans are walking a dangerous financial tightrope.
  • Jones New York to close stores, end wholesale business
    Associated Press | January 29, 2015 9:21 am
    Jones New York announced Thursday that it is closing stores, discontinuing its wholesale business and will look at strategic alternatives for its brand.
  • Alibaba shares tumble on 4Q revenue miss
    Associated Press | January 29, 2015 9:21 am
    Alibaba's Group shares dropped 10 percent on Thursday after the Chinese e-commerce powerhouse reported holiday-quarter revenue that surged 40 percent but missed analyst expectations.
  • Indonesian investigators: Crashed AirAsia flown by co-pilot
    Associated Press | January 29, 2015 9:16 am
    Indonesian investigators announced Thursday the co-pilot of the crashed AirAsia jet was in control when he struggled to recover the aircraft as stall warnings sounded.
  • Nokia turns to fourth quarter profit buoyed by strong growth
    Associated Press | January 29, 2015 8:56 am
    Nokia made a net profit of 443 million euros ($502 million) in the fourth quarter and sales grew nearly 10 percent, but its share price fell Thursday as the results were offset by a poor performance in some regions, higher costs and a low dividend.
  • Milan Expo 2015 tightening security after Paris attacks
    Associated Press | January 29, 2015 8:44 am
    Expo 2015 officials have heightened security measures surrounding the world's fair in Milan, which is expected to attract more than 20 million visitors over six months, following the terror attacks in Paris, the event's commissioner said Thursday.
  • Average US rate on 30-year mortgage rises to 3.66 pct.
    Associated Press | January 29, 2015 8:01 am
    Average long-term U.S. mortgage rates rose slightly this week after four straight weeks of declines, while remaining near historically low levels.
  • US pending home sales tumble in December
    Associated Press | January 29, 2015 8:01 am
    Fewer Americans signed contracts to buy homes in December, a sign that low mortgage rates have yet to coax more buyers into the market.
close_menu
Latest News