Mortgage giant Freddie Mac reported net income of $524 million for the first quarter, down sharply from the same period of 2014, as it sustained losses on the investments it uses to hedge against swings in interest rates.
Ryan Nakashima, Associated Press | posted 25 minutes ago
The pump is primed at Disney to reap the benefits of a big year at the movies.
The Associated Press | posted 56 minutes ago
The Walt Disney Co. (DIS) on Tuesday reported fiscal second-quarter earnings of $2.11 billion.
Pan Pylas and Raf Casert, Associated Press | posted May 5th - 6:10am
The European Union has nudged up its forecast for economic growth across the 19-country eurozone despite a much gloomier outlook for Greece, which is struggling to get its hands on vital bailout cash it needs to pay off debts.
Mirwais Khan and Lynne O'Donnell, Associated Press | posted May 5th - 5:11am
It's the cash crop of the Taliban and the scourge of Afghanistan — the country's intractable opium cultivation. This year, many Afghan poppy farmers are expecting a windfall as they get ready to harvest opium from a new variety of poppy seeds said to boost yield of the resin that produces heroin.
The Associated Press | posted May 5th - 4:51am
German train drivers started a five-day strike Tuesday, their longest walkout yet in an increasingly bitter dispute with the country's main railway operator.
Ben Nuckols and Michael Biesecker, Associated Press | posted May 5th - 2:41am
Months before Freddie Gray died of the broken neck he suffered during what Baltimore's top prosecutor called an illegal arrest, the city's mayor and police commissioner said the department needed reform and asked the Justice Department for help reviewing officer misconduct.
By Mae Anderson, Associated Press | posted 14 minutes ago
Amazon wants to give JetBlue passengers a new option for tuning out that crying baby or talkative seat neighbor.
Martin Crutsinger, Associated Press | posted 26 minutes ago
The U.S. trade deficit in March jumped to the highest level in more than six years as a small increase in exports was swamped by a flood of imports from autos to cellphones.
The Associated Press | posted 36 minutes ago
Authorities say a worker has died in an industrial accident at a Chrysler plant in Detroit.
The Associated Press | posted 56 minutes ago
The European Union's competition watchdog has U.S. fast-food giant McDonald's in its sights.
Paul Wiseman, Associated Press | posted May 5th - 6:11am
A federal watchdog says Chinese companies are shielding themselves from lawsuits in America, denying U.S. businesses and investors their day in court.
The Associated Press | posted May 5th - 5:50am
Environmental groups have filed suit over a New Jersey theme park's plans to cut nearly 19,000 trees to build a 90-acre solar farm.
The Associated Press | posted May 5th - 4:30am
Chinese regulators will lift price controls on most pharmaceutical drugs starting June 1 in hopes that the market-driven pricing system will keep medical costs in check, the National Development and Reform Commission announced Tuesday.
David McHugh, Associated Press | posted May 5th - 4:30am
Volkswagen's CEO said the company is tackling its problems in the wake of a leadership struggle and promised progress on lowering costs and raising profitability.
The Associated Press | posted May 5th - 3:10am
Illinois families wanting to lock in future college tuition payments at today's rates have an extra month to sign up for a state savings program.
CNBC Top Headlines
Bob Iger: Disney doesn't need more IP
Tue, 05 May 2015 13:16 GMT
US trade deficit largest since 2008 as imports surge
Tue, 05 May 2015 13:09 GMT
Bonds scariest thing out there: CIO
Tue, 05 May 2015 13:02 GMT
Microsoft is giving users the finger...
Tue, 05 May 2015 12:29 GMT
Early movers: MDLZ, TSLA & more
Tue, 05 May 2015 12:14 GMT
Panera eliminates additives, joins healthy food trend
Tue, 05 May 2015 08:55:48 EDT
He codes, he live-streams, he's 11.
Tue, 05 May 2015 08:39:27 EDT
SpaceX Dragon passenger capsule due to get key test
Tue, 05 May 2015 08:21:52 EDT
Obama 'heartbroken' about Dave Goldberg
Tue, 05 May 2015 07:40:25 EDT
Here's how to make espresso in outer space
Tue, 05 May 2015 06:28:15 EDT
NYTimes.com Biz News
Disney Beats Expectations With 10% Quarterly Profit Increase
Tue, 05 May 2015 12:41:28 GMT
U.S. Trade Deficit Largest Since 2008 as Imports Surge
Tue, 05 May 2015 12:37:28 GMT
European Commission Raises Its Economic Growth Forecast
Tue, 05 May 2015 12:25:54 GMT
Shanghai Enacts Curbs on Business Dealings of Officials’ Relatives
Tue, 05 May 2015 12:11:28 GMT
Buffett’s Teddy Bear Image Has Tough Side
Tue, 05 May 2015 11:13:32 GMT
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